Terms of Service

1. Parties

1.1 This agreement is between you ( ‘You’ or ‘Your’ in this agreement) and flarewallet.io (‘Flare’ in this agreement). Flare is a Blockchain Platform which consists of a set of desktop applications and website flarewallet.io. You acknowledge that any use of Flare is subject to these Terms of Service.

1.2. It’s your own responsibility to read the Terms of Service carefully before you start to use Flare.

2. Definitions and Services Offered

Flare is an innovative cryptocurrency infrastructure, which consists of:

2.1. Flare Desktop Light Wallet Applications

Flare has created means for users to access and transfer ownership of virtual currency tokens (such as bitcoins) under the name “Flare Wallet…”. By entering into this agreement You will receive a license to use any of the Flare Desktop Light Wallet Applications. You should only use the Flare Desktop Light Wallet Application if you are familiar with virtual currencies. We highly recommend learning the basics of the specific virtual currency that You plan on using the Flare Desktop Light Wallet Application before running the application.

2.1.1. You Own Your Private Keys

Flare does not store user’s private keys, backup phrases or passwords (“Private Information”). It is very important that You backup Private Information. If You lose Your Private Information then it will not be possible for Flare to recover it for You and You may lose access to Your virtual currency tokens. If You do not understand the above paragraph then we strictly recommend that You learn more about virtual currencies before using the Flare Desktop Light Wallet Application.

2.1.2. Transactions

The only authentic record of virtual currency transactions is the applicable virtual currency blockchain. The Flare Desktop Light Wallet Application provides functionality that allows You to send virtual currency transfer instructions. Flare does not guarantee that transactions You perform using the Flare Desktop Light Wallet Application shall be stored in any virtual currency blockchain. You must ensure that Your transactions conform to the applicable rules of the virtual currency software. There may be transaction fees (e.g. mining fees) associated with Your virtual currency transactions that are required by the virtual currency system You engage with. Flare shall not be responsible for any losses You incur due to transaction fees or losses that occur due to incorrectly set transaction fees (i.e. too low or high). Flare does not have access to Your transactions (or anyone else’s).

2.1.3. No Control Over Blockchains

Flare is not the creator of and does not have any control over, any of the virtual currencies that the Flare Light Wallet Application allows You to use.

3. User Obligations

You shall:
be of the age of majority in Your local jurisdiction; and,
be responsible for Your own virtual currency tokens; and,
backup/write down Your “private key” and keep it private; and,
carefully guard Your private keys in case of usage Flare Desktop Light Wallet Applications and,
ensure that Your device(s) are fully updated and do not contain viruses, malware or otherwise malicious software.
You shall not:
deposit virtual currency tokens into addresses for tokens that are not supported by the Flare Desktop Light Wallet Application; or,
use Flare in a manner likely to infer with other Flare users or virtual currency nodes (e.g. excessive API calls or network spam); or,
use Flare in a manner contrary to Your local laws.

4. Limited Intellectual Property License

This agreement licenses Flare services to You on a personal, non-exclusive, royalty-free, non-transferable, worldwide-basis, for the purpose of managing virtual currencies. You are not permitted to re-distribute any of Flare services, modify any code or use any Flare content, including images and text, as part of any other software or project of any kind. For partnership inquiries please contact us through our website Contact Us form.

5. Specifically Disclaimed Risks

Using virtual currency software necessarily entails many risks. Flare specifically disclaims and shall have no liability to You for the following risks:
operating system failures (mobile or desktop); and,
interactions between Your hardware, software, and the Flare; and,
cloud backup software (e.g. certain Android distributions) may upload your private information to third party services; and,
malware, viruses or other malicious software on Your device that is able to take control of or interfere with Flare; and,
communication delays between Your Flare Desktop Light Wallet Application and a node or relay service for a virtual currency (and vice versa); and,
failure to achieve a certain market value/price for a virtual currency token, whether through a third-party service or any other kind of transaction; and, theft of virtual currency tokens.

6. No Warranties

Flare is provided to You at no cost, “as-is ” and without any warranty whatsoever, to the maximum extent permissible by law. Without limiting the generality of the foregoing, Flare does not warrant that Flare is fit for Your purpose, even if You have previously provided notice of Your intended purpose, and does not warrant that Flare will operate in a bug-free manner.

7. Indemnity

You agree to indemnify Flare against any claims, damages, losses or legal fees incurred due to Your use (or misuse) of Flare.

8. Non-Waiver

No action or inaction on the part of Flare shall be considered a waiver of any right or obligation by Flare.

9. Amendment

This agreement may be amended by Flare by providing You with 30 days notice of any proposed change. If You do not agree to the amended terms then Your sole remedy shall be to cease using Flare.

10. Assignment

You may not assign this agreement. Flare may assign this agreement to 11 days notice.

11. Entire Agreement

This is the entire agreement between the parties and supersedes any other agreement, representations (or misrepresentations),or understanding, however, communicated.

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