TeknoChains reserves the right, at our sole discretion, to revise and update these Terms from time to time. Any changes will become effective immediately upon posting unless otherwise stated. Your continued use of our Services following the posting of revised Terms signifies your acceptance of those changes. It is your responsibility to review these Terms periodically to stay informed about any modifications.
TeknoChains is a Web3 agency specializing in providing comprehensive blockchain solutions, decentralized finance (DeFi) app development, NFT creation, and crypto-focused marketing strategies. We cater to both individuals and businesses seeking to leverage Web3 technologies for various use cases, including but not limited to community building, financial platform development, smart contract deployment, and Web3.0 integration.
All Services are provided on an “as-is” and “as-available” basis TeknoChains does not warrant that any Service will be uninterrupted, error-free, or meet specific performance standards, particularly in the rapidly evolving and volatile blockchain space.
Unless explicitly agreed in writing, TeknoChains does not provide financial, investment, or legal advice. All consulting, strategy development, and marketing services are advisory in nature, and the Customer remains solely responsible for any decisions or actions taken based on the information provided by TeknoChains.
TeknoChains operates on a milestone-based payment system, wherein project fees are segmented and prepaid according to the agreed-upon stages of delivery. Each milestone corresponds to a specific deliverable or project phase, with the full payment for that milestone due prior to commencement of the relevant work.
TeknoChains provides Services globally but remains subject to various national and international laws, particularly those governing cryptocurrencies, financial services, and data privacy. Both business entities and individual users are responsible for ensuring that their use of TeknoChains’ Services complies with applicable local laws and regulations.
TeknoChains is based in the United Kingdom, and our Services are primarily designed to comply with UK regulations. Users outside the UK are responsible for ensuring that their use of TeknoChains’ Services is lawful in their jurisdiction.
Users agree to cooperate fully with any reasonable requests from TeknoChains to verify compliance with applicable laws, including provision of Know Your Customer (KYC) information, if required. TeknoChains reserves the right to suspend or terminate access to its Services in case of suspected non-compliance or illegal activities.
TeknoChains is committed to delivering high-quality Web3 solutions and maintaining transparency, security, and integrity throughout its engagements. To ensure a successful collaboration, TeknoChains agrees to the following obligations:
TeknoChains shall use commercially reasonable efforts to provide the Services outlined in the agreed Service Agreement or contract. All Services shall be delivered by experienced professionals, using industry-standard tools, technologies, and methodologies.
TeknoChains shall maintain regular communication with the Customer, providing updates on project status, expected timelines, and any foreseeable delays or issues. All communications shall be conducted in a professional and transparent manner.
TeknoChains shall implement adequate measures to ensure the security and confidentiality of any proprietary information, personal data, or sensitive business materials provided by the Customer. Data shall be stored in compliance with GDPR and other applicable data privacy regulations.
TeknoChains shall operate in accordance with applicable UK laws and international standards, refraining from any activities that could expose the Customer to undue risk or regulatory scrutiny. We will not engage in or facilitate any form of illegal activity, market manipulation, or unethical conduct.
TeknoChains does not provide legal, investment, or financial advisory services. Our role is strictly limited to the provision of technical, marketing, and consulting services as agreed in the Service Agreement. The Customer assumes full responsibility for any actions taken based on the Services provided.
As a condition of using TeknoChains’ Services, both business and individual users agree to abide by the following responsibilities and obligations. Additional requirements or specific terms may apply depending on the type of user (e.g., corporate entity or individual consumer), as further outlined below. These requirements are designed to ensure a smooth and professional engagement, maintain compliance with applicable laws, and protect the interests of both TeknoChains and its Clients.
The User is responsible for providing accurate, current, and complete information throughout the engagement, including project requirements, objectives, and any other pertinent data needed for the successful delivery of Services. TeknoChains shall not be liable for delays, errors, or failures resulting from inaccurate or incomplete information provided by the User.
The User agrees to use any code, software, strategy, or other deliverables provided by TeknoChains in compliance with applicable regulations and the specific licensing terms outlined in the Service Agreement. Any modification, reproduction, or redistribution of the deliverables without prior written consent from TeknoChains is strictly prohibited.
Business clients may use deliverables for commercial purposes as outlined in their specific Service Agreement, while individual users are granted a personal, non-transferable license unless otherwise specified.
The User agrees to provide timely feedback, approvals, and cooperation as reasonably requested by TeknoChains. Delays in response or unavailability may impact project timelines and result in additional fees.
For business clients, project approvals may require sign-off from designated representatives. Individual users must provide feedback directly and in accordance with agreed timelines.
All engagements with TeknoChains are subject to the following payment terms, pricing structure, and related conditions. These terms are designed to ensure clarity, predictability, and transparency for all parties. Pricing, payment terms, and applicable taxes or fees may differ between business clients and individual users, as outlined in the Service Agreement or specific terms provided.
All engagements with TeknoChains are subject to the following payment terms, pricing structure, and related conditions. These terms are designed to ensure clarity, predictability, and transparency for all parties. Pricing, payment terms, and applicable taxes or fees may differ between business clients and individual users, as outlined in the Service Agreement or specific terms provided.
Except as expressly provided in the Refund Policy or agreed in writing, all payments made to TeknoChains are non-refundable. The User acknowledges that due to the nature of TeknoChains’ services, once a milestone is completed, it cannot be reversed, and the associated payments are non-refundable.
To provide flexibility and transparency in project execution, TeknoChains employs a milestone-based payment and service commencement structure, detailed as follows:
A “milestone” is defined as a specific, measurable stage of a project, marked by the completion of designated tasks, deliverables, or outcomes. Each milestone is outlined in the Service Agreement, with a corresponding payment amount and deadline.
Each milestone must be prepaid in full before work on that phase begins. TeknoChains will not commence, continue, or deliver any work without receipt of the full payment for the corresponding milestone.
Upon completion of each milestone, TeknoChains will provide the User with a summary of the work performed, including all relevant deliverables. The User shall have up to five (5) business days to review and approve or request modifications. Failure to respond within this timeframe will be deemed acceptance of the milestone.
Any changes to the scope of work, project requirements, or deliverables that necessitate adjustments to milestone payments must be agreed upon in writing by both parties. TeknoChains reserves the right to issue a revised Service Agreement reflecting the updated milestone structure and pricing.
If a milestone payment is not received by the due date, TeknoChains reserves the right to suspend or terminate all Services until the outstanding amount is paid. TeknoChains shall not be held liable for any delays or damages resulting from such suspension.
TeknoChains recognizes the growing role of digital assets and accepts cryptocurrency payments for its Services, subject to the following terms and conditions.
All cryptocurrency payments will be calculated based on the USD equivalent value at the time of invoicing. TeknoChains uses reputable third-party conversion tools (e.g., CoinMarketCap, CoinGecko) to determine the applicable exchange rate. Due to market volatility, the User must complete the payment within one (1) hour of invoicing to ensure that the value does not fluctuate significantly.
The User is responsible for all network transaction fees (e.g., gas fees for Ethereum) associated with cryptocurrency payments. TeknoChains is not liable for any delays, errors, or losses resulting from high network congestion or incorrectly routed transactions.
Due to the irreversible nature of cryptocurrency transactions, TeknoChains cannot issue refunds for payments made in cryptocurrency unless otherwise specified in the Refund Policy. If a refund is granted, it will be issued in the equivalent USD amount based on the original transaction value, not the current cryptocurrency value.
Please refer to the Refund Policy for more information on this section.
TeknoChains acknowledges that project requirements may evolve during the course of an engagement. This section governs the procedures and obligations for modifying the scope of services or making adjustments to the project deliverables.
The User may request changes to the agreed-upon scope of work, deliverables, or timeline (“Change Request”). All Change Requests must be submitted in writing and must clearly outline the requested modifications. TeknoChains will review the Change Request and provide a written response within five (5) business days, detailing the feasibility, impact on the project timeline, and any adjustments to the pricing.
No modifications to the scope of work will be made unless formally agreed upon by both parties in a Scope Change Addendum to the existing Service Agreement. This addendum must be signed by an authorized representative of both TeknoChains and the User, and may include updates to the milestones, payment structure, or delivery deadlines.
The User acknowledges that any changes to the project scope may impact the overall timeline and cost of the project. TeknoChains reserves the right to adjust the delivery schedule and pricing accordingly. Any delay in approval or acceptance of a Scope Change Addendum by the User may result in suspension of ongoing work until agreement is reached.
TeknoChains reserves the right to make minor adjustments to the Service Agreement, such as changes in toolsets, methodologies, or minor technical approaches, without prior approval from the User, provided that these modifications do not materially affect the project scope, quality of deliverables, or timeline.
If the User and TeknoChains are unable to agree on the terms of a requested scope change, either party may terminate the engagement for that specific portion of the project in accordance with Section 21 (Termination of Services). In such cases, all payments for completed milestones shall be retained by TeknoChains, and any refunds or settlements for uncompleted work will be handled as per the Refund Policy.
TeknoChains values the intellectual property (IP) created during the course of its engagements and strives to clearly define ownership and usage rights to avoid disputes. IP rights for business clients may differ from individual users’ rights depending on the nature and commercial purpose of the deliverables.
TeknoChains may use proprietary frameworks, libraries, or templates in the execution of its services. The User acknowledges that they do not obtain any ownership rights in these internal tools. Instead, the User is granted a non-exclusive, non-transferable license to use any such materials solely for the purpose of utilizing the deliverables created by TeknoChains.
For software development projects, the User shall receive access to the source code and relevant documentation upon final delivery and full payment. However, TeknoChains reserves the right to retain a copy of the source code and documentation for record-keeping, future project maintenance, or use in its own proprietary developments, provided that it does not replicate or reuse any User-specific modifications.
If TeknoChains incorporates any third-party intellectual property (e.g., open-source libraries, licensed software) into the deliverables, the User shall be subject to the license terms governing such third-party materials. TeknoChains will notify the User of any third-party dependencies and obtain the necessary permissions, where applicable.
Given the complexities and potential risks associated with deploying smart contracts and DeFi solutions, this section outlines the terms for using such deliverables, including limitations of liability, testing requirements, and compliance considerations.
Before deploying any smart contract or DeFi solution to a live environment, the User shall have a reasonable period (not exceeding ten (10) business days) to conduct testing and review. Any identified bugs, vulnerabilities, or required modifications must be reported to TeknoChains within this period for resolution. After this period, the deliverable will be considered accepted by the User.
TeknoChains does not warrant that any smart contract or DeFi application will be free of bugs, errors, or vulnerabilities. While TeknoChains will use commercially reasonable efforts to ensure code quality, the User acknowledges the inherent risks associated with smart contracts, including the potential for exploits, hacks, or unintended behavior.
The User is solely responsible for ensuring that the deployed solution complies with the blockchain protocols on which it is deployed (e.g., Ethereum, Binance Smart Chain). TeknoChains will provide guidance but is not responsible for compliance issues resulting from changes to the underlying blockchain protocols.
TeknoChains strongly recommends that Users engage a third-party audit firm to review any smart contracts or DeFi solutions before deployment. TeknoChains can facilitate introductions to reputable auditors but assumes no liability for the findings or outcomes of such reviews.
Both TeknoChains and the User recognize that a successful engagement may involve the exchange of confidential and proprietary information. This section sets forth the obligations for maintaining the confidentiality of such information.
The confidentiality obligations set forth herein shall remain in effect for a period of five (5) years from the date of disclosure, regardless of whether the engagement between the parties has been completed or terminated.
Upon termination of the engagement, each party agrees to return or destroy all Confidential Information received from the other party, upon request, except where retention is required by applicable law or for legitimate business purposes.
Given TeknoChains’ global client base and the sensitive nature of blockchain projects, this section governs the collection, processing, and protection of personal data in accordance with GDPR and other applicable data protection laws.
Please refer to our Privacy Policy for more information on this section.
TeknoChains prioritizes implementing industry-standard security practices in its internal processes and development work. However, due to the inherent nature of blockchain technology and Web3 projects, TeknoChains cannot guarantee complete security for any project or deliverable. The security of a project often depends on various factors, including user practices and third-party dependencies, which are beyond TeknoChains’ control.
However, TeknoChains does not provide formal security guarantees, certifications, or third-party audits, and its security measures are provided “as-is” and “as-available” without any express or implied warranty. Users should engage independent security auditors to verify the security of any deployed solutions.
TeknoChains shall not be held liable for any loss, damages, or liabilities resulting from security breaches, hacks, or exploits, whether due to vulnerabilities in code, third-party integrations, or user mismanagement. The User acknowledges that no digital system is completely secure, and TeknoChains makes no representations or guarantees regarding the security of its deliverables.
TeknoChains may provide general guidance on best practices for enhancing security, but such recommendations are non-binding and provided for informational purposes only. The User should seek independent professional advice to implement and maintain security measures for their specific use case.
TeknoChains provides its services on a strictly professional and advisory basis. Given the high-risk nature of blockchain technology and cryptocurrency markets, TeknoChains does not accept liability for any losses, damages, or unforeseen consequences that may arise from the use or implementation of its services. Users must make independent decisions regarding their involvement in any Web3 project or activity.
TeknoChains does not provide financial, investment, or trading advice, and all information provided during the engagement is for informational and educational purposes only. The User should consult with licensed financial advisors or legal professionals before making any investment or financial decisions.
TeknoChains does not guarantee the success, profitability, or viability of any project, and shall not be held responsible for any negative outcomes, including, but not limited to, market losses, regulatory restrictions, or project failures. Users engage TeknoChains’ services at their own risk and should conduct independent due diligence.
Blockchain and cryptocurrency projects are inherently speculative and involve a high degree of risk. By engaging TeknoChains’ services, the User acknowledges that they have independently assessed and accepted these risks. TeknoChains shall not be held liable for any outcomes resulting from such risks.
Cryptocurrencies and digital assets are subject to extreme price fluctuations and market volatility, which may lead to significant losses. TeknoChains does not provide any assurances regarding the future value of digital assets or the stability of the underlying technologies.
The legal status and regulatory environment surrounding blockchain technologies vary significantly by jurisdiction and may change rapidly. Users are responsible for understanding and ensuring compliance with all applicable laws and regulations. TeknoChains does not assume any responsibility for the legal or regulatory implications of using its deliverables.
Users should be aware of the heightened risk of cyber-attacks, phishing, and fraud in the digital asset space. TeknoChains will not be liable for any losses or damages resulting from unauthorized access, theft of digital assets, or compromise of User accounts.
TeknoChains may utilize or integrate third-party tools, software, and platforms as part of its services. While TeknoChains strives to select reliable providers, it cannot be held responsible for the performance, security, or availability of third-party services, which are subject to their own terms and conditions.
Where a project relies on third-party APIs, platforms, or blockchain networks, TeknoChains makes no representations regarding their continued compatibility or future availability. Users acknowledge that TeknoChains cannot control the development or stability of such third-party services.
It is the User’s responsibility to review and evaluate the suitability of any third-party service, library, or integration recommended or utilized by TeknoChains. Any risks associated with such services are assumed solely by the User.
TeknoChains shall not be liable for any delays, disruptions, or failures in the performance of its obligations under these Terms that result from events or circumstances beyond its reasonable control.
If a Force Majeure event prevents or delays TeknoChains from performing its obligations, the affected obligations shall be suspended for the duration of the event. TeknoChains will make reasonable efforts to resume normal operations as soon as practicable.
If the Force Majeure event continues for more than thirty (30) days, either party may terminate the affected portion of the Service Agreement. Any outstanding payments for completed work shall be settled as per the terms of the Agreement.
This section outlines the circumstances under which TeknoChains or the User may terminate the Service Agreement and the consequences of such termination.
Upon termination, all licenses and rights granted to the User under the Service Agreement will immediately cease. The User must discontinue any use of TeknoChains’ deliverables, and TeknoChains will be under no further obligation to provide support or updates for any previously delivered materials.
Both parties agree to return or destroy any confidential information shared during the course of the engagement, except where retention is required by applicable law or for legitimate business purposes.
These Terms and any disputes arising out of or in connection with them shall be governed by and construed in accordance with the laws of England and Wales, without regard to its conflict of law principles.
TeknoChains and the User agree that the laws of England and Wales will govern all matters arising from or relating to these Terms, including the validity, interpretation, performance, and enforcement of the agreement.
The parties irrevocably consent to the exclusive jurisdiction of the courts of England for any disputes, legal proceedings, or claims arising out of or related to these Terms. Each party waives any objections to jurisdiction and venue in such courts, including objections based on inconvenient forum.
If the User is accessing TeknoChains’ Services from a location outside of the United Kingdom, the User is responsible for ensuring compliance with local laws. TeknoChains makes no representation that its Services are appropriate or available for use in other jurisdictions, and the User accesses the Services at their own risk.
To promote prompt and efficient resolution of disputes, the parties agree to resolve any claims or disputes arising under or in connection with these Terms through binding arbitration rather than litigation.
In the event of a dispute, the parties agree to first attempt to resolve the issue informally through good-faith negotiations. Either party may initiate such negotiations by providing written notice to the other party, detailing the nature of the dispute and the desired outcome. If the dispute is not resolved within thirty (30) days of such notice, the matter shall proceed to arbitration.
All disputes that cannot be resolved through informal negotiations shall be submitted to final and binding arbitration in London, United Kingdom, conducted under the rules of the London Court of International Arbitration (LCIA). The arbitration shall be conducted in English, by a single arbitrator agreed upon by both parties, or, if no agreement is reached, appointed by the LCIA.
All disputes must be brought on an individual basis. Neither party may seek to consolidate disputes or initiate any class or representative action against the other. The parties expressly waive any right to bring or participate in class action lawsuits.
Any arbitration award rendered shall be final and binding, and judgment on the award may be entered in any court having jurisdiction. Each party shall bear its own costs and expenses associated with the arbitration, unless otherwise awarded by the arbitrator.
The User agrees that any dispute arising out of or related to these Terms shall be resolved on an individual basis, and not as a part of any class, consolidated, or representative action. The User expressly waives any right to a trial by jury or to participate in a class action against TeknoChains.
The User waives the right to participate as a plaintiff or class member in any purported class action, class arbitration, private attorney general action, or any other representative proceeding against TeknoChains.
To the extent permitted by law, each party waives any right to a jury trial in connection with any dispute, claim, or controversy arising out of or relating to these Terms or the Services provided.
If any portion of this section is found to be unenforceable or unlawful, the unenforceable portion shall be severed, and the remainder of this section shall remain in effect and enforceable.
TeknoChains reserves the right to modify or update these Terms at its sole discretion at any time. Users are encouraged to review the Terms regularly to stay informed of any changes.
In the event of any material changes to these Terms, TeknoChains will provide notice through its website or by email to the last known address of the User. Continued use of the Services after such changes shall constitute acceptance of the modified Terms.
It is the User’s responsibility to review these Terms periodically. TeknoChains is not obligated to individually notify Users of non-material changes. If the User does not agree to the updated Terms, they must discontinue the use of TeknoChains’ Services immediately.
Unless otherwise stated, modifications to these Terms will become effective immediately upon posting. Any agreements executed prior to the modification date will continue to be governed by the version of the Terms in effect at the time of execution, unless mutually agreed otherwise.
