Terms & Conditions

General notice

These terms and conditions of use (“Terms”) are entered into between Honey Tree Capital Limited (BVI Company No. 2085063.) (“Honey Tree”, “we” or “us”) and you (“you” or “User”).

Honey Tree is the operator of this website (“website”) app, platform and related services made available under the Honey Tree name including the launchpad available on the platform (together, the “Platform”).

In these Terms, the User means (as applicable) a person using any part of the Platform in any capacity, including a person using the Platform as a trader, staker, buyer, seller or a person browsing or accessing the Platform.  

We do not provide any investment, financial, legal, regulatory, accounting, tax or similar professional advice on the Platform. Blockchain, cryptocurrency, tokens, trading Non-Fungible Tokens and related transactions such as staking transactions involve a high degree of risk and there is always the possibility of loss, including the loss of digital currency, NFTs, tokens and assets. Honey Tree is not responsible for any costs, taxes, losses or damages a User incurs as a result of or in connection with using the Platform or buying, selling and/or trading NFTs on the Platform.

Users acknowledge that buying, selling, staking and trading tokens and NFTs is significantly risky and is unregulated by any central or government authority. Users warrant that they understand the risks associated with access to or use of this Platform and any goods, services or products offered or made available or used in connection with this Platform.

Use of Platform

For the purpose of these Terms, “NFT” means Non-Fungible Tokens and/or related digital creations and/or digital assets (including all materials associated with those Non-Fungible Tokens, card packs, metaverse access cards and/or related digital assets).

The Platform will provide the ability for Users to:‍

  • buy NFTs (“Buyers”) and sell NFTs (“Sellers”) on the Ethereum blockchain using smart contracts; and
  • participate in staking and lottery transactions of or relating to the SAVVI tokens provided by Honey Tree or any third party tokens or cryptocurrency made available on the Platform (“Staking Transactions”).

SAVVIO tokens and/or third party tokens may be used to participate in Staking Transactions through the Platform. Honey Tree will have sole discretion as to the manner, outcome and effect of the Staking Transactions and the tokens or cryptocurrency available on the Platform.

A User’s use of this Platform is subject to these Terms. These Terms constitute a binding legal agreement between the User and Honey Tree, and a User’s use of the Platform constitutes their acceptance and acknowledgement of the Terms, our Privacy Policy, and any other policy displayed on the Platform, all of which constitutes the Terms. A User does not need to connect their Blockchain Wallet, make a trade of NFTs on the Platform or participate in a Staking Transaction to be bound by these terms. Any use, such as browsing NFTs or opening any part of the Platform, will constitute acceptance of these Terms. If you do not agree to the Terms, you must not use the Platform.

Honey Tree may amend or modify the Platform, the Terms and/or the Privacy Policy at our sole discretion and at any time. Honey Tree will make available any material updates to the Terms on this website.  

A User may only access and use this Platform if you are at least 18 years old and have the legal capacity to enter into a binding contract. By using the Platform and/or accepting any services made available on this Platform, you warrant that you are at least 18 years old and have the legal capacity to enter into a binding contract.

These Terms will prevail over any other terms or agreement between a User and Honey Tree, including any other terms proposed by a User.  

Users acknowledge and agree that Honey Tree is not a party to any agreement entered into between different Users and Honey Tree does not have control over the conduct of Users of the Platform, including and in relation to the procurement or sale of illegally acquired NFTs on the Platform or the availability of tokens, cryptocurrency or other assets which may be used in Staking Transactions.

Fees

The fees payable for using the Platform may be amended at the sole and absolute discretion of Honey Tree at any time. Honey Tree intends to advise of any amendments to the fee by posting the amended fee on the website. Honey Tree reserves the right to introduce new fees or amend existing fees for use of the Platform at any time at its discretion.

Blockchain Fees

All transactions on the Platform, including without limitation buying, selling and staking, are facilitated by smart contracts existing on the Ethereum blockchain. The Ethereum blockchain requires the payment of a transaction fee (“Gas Fee”) for every transaction that occurs on the Ethereum blockchain, and thus every transaction occurring on the Platform. The Platform is built on the Polygon network to connect Ethereum-compatible blockchain networks and address scalability issues on the current Ethereum blockchain. While this may reduce the value of Gas Fees, the value of Gas Fees changes is unpredictable and are entirely outside of the control of Honey Tree or the Platform. Users acknowledge that under no circumstances will a contract, agreement, offer, sale, bid, or other transaction on the Platform be invalidated, revocable, retractable, or otherwise unenforceable on the basis that the Gas Fee for the given transaction was unknown, too high, or otherwise unacceptable to a User. Users also acknowledge and agree that Gas Fees are unequivocally non-refundable under all circumstances.

User Conduct and Prohibited Use

When using any part of the Platform, Users must not directly or indirectly:

  • employ any device, scheme or artifice to defraud or otherwise materially mislead Honey Tree or any User of the Platform, including by impersonating or assuming any false identity;
  • engage in any act, practice or course of business that operates or would operate as fraud or deceit upon Honey Tree or any other User of the Platform;
  • violate, breach or fail to comply with any applicable provision of these Terms or any other  Privacy Policy or other contract governing the use of any Listings;
  • collaborate with a competitor of Honey Tree to interfere with Listings on the Platform to obtain a competitive advantage;
  • engage or attempt to engage in or assist any hack of or attack on the Platform or any User of the Platform, including but not limited to any “sybil attack”, “DDoS attack”, “griefing attack” or theft of NFTs or funds, or upload files that contain viruses, Trojan horses, worms, time bombs, cancelbots, corrupted files or any other similar malicious software or programs that may damage the operation of another’s computer or property or interfere with any Listing;
  • buy, sell, list, promote or use any NFT, or participate in any Staking Transactions in relation to SAVVI tokens, that in any manner infringes or violates the copyright, trademark, patent, trade secret or other intellectual property or other proprietary rights of any person or entity (including Honey Tree) or upload, or otherwise make available, files that contain images, photographs, software or other material protected by intellectual property rights or laws (including copyright or trademark rights) or rights of privacy or publicity, unless the applicable User owns or controls the rights thereto or has received all necessary consent to do the same;
  • commit any violation of applicable laws, rules or regulations;
  • use the Platform in connection with surveys, contests, pyramid schemes, chain letters, junk email, spamming or any duplicative or unsolicited messages (commercial or otherwise);
  • defame, abuse, harass, stalk, threaten or otherwise violate the legal rights (such as rights of privacy and publicity) of a User;
  • publish, post, distribute or disseminate any profane, obscene, pornographic, indecent or unlawful content, pictures, topic, name, material or information; and
  • engage in or knowingly facilitate any “front-running”, “wash trading”, “pump and dump trading”, “ramping”, “cornering” or fraudulent, deceptive or manipulative trading activities.

Communication

Each User agrees that Honey Tree may send them promotional communication by email, including newsletters, special offers, surveys, updates, and any information that Honey Tree may consider will be of interest to the User.

Users also agree that Honey Tree may send communications by email or text message that pertain to the status of a purchase or sale of a Listing and other communication that pertain to their interaction with the Platform.

Intellectual Property Rights

By using the Platform, including by submitting, listing, posting, promoting or displaying any content, you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display all such content, including but not limited to text, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you list, submit or post on or through the Platform for our current and future business purposes, including to operate, provide, promote, and improve the Platform. This includes any digital file, art, or other material displayed on the Platform.

You represent and warrant that you have, or have obtained, all rights, licences, consents, permissions, power and/or authority necessary to grant the rights granted herein for any content that you create, submit, list, post, promote, or display on or through the Platform. You represent and warrant that such content does not contain material subject to copyright, trademark, publicity rights or other intellectual property rights, unless you have necessary permission or are otherwise legally entitled to list or post the material and to grant to Honey Tree the licence described above, and that the content does not violate any laws.

Users agree to indemnify, defend and hold harmless the Released Parties (as defined below) from and against any and all loss, liability, damages, claims, proceedings, costs and expenses arising out of or in any way connected with any infringement of any third party intellectual property rights by the User or in connection with the warranties given in this section being false, misleading or incorrect in any respect.

Honey Tree will own and retain all intellectual property rights in the NFTs minted, offered, sold and traded on the Platform and in the tokens and digital assets made available on the Platform, both before and after the sale of the NFTs on the Platform (or otherwise) and both before and after the completion of a Staking Transaction.

For clarity, no intellectual property rights in a NFT traded on the Platform will be transferred from the Seller (including Honey Tree) to the Buyer of the NFT traded on the Platform, unless otherwise separately expressed by Honey Tree in the terms of sale stipulated by Honey Tree in a smart contract for that NFT. In the absence of any express transfer of intellectual property rights in a NFT, no intellectual property rights associated with or arising in a Listing will be transferred from the Seller to the Buyer under a transaction completed on the Platform.

Buyers must ensure that they review the terms of sale under a smart contract and must determine whether the terms of sale are fit for their purpose before completing the transaction. The Buyer accepts all risks and liabilities associated with the intellectual property in a Listing purchased on the Platform.

Honey Tree Intellectual Property Rights

For clarity, references to content or intellectual property rights in this section do not apply to User content made available on the Platform, the subject of which is governed by the preceding section.

Ownership

All of our content comprised in, on or relating to the Platform (including all intellectual property comprised in our content) is owned by Honey Tree, our related entities and/or our third-party licensors and is protected by copyright, trademarks, service marks, patents, design registrations, and/or other proprietary rights and laws. The SAVVI tokens constitute our intellectual property rights owned solely by Honey Tree (and/or our third party licensors).

As between you and Honey Tree and our licensors, Honey Tree or our licensors own and retain, solely and exclusively, all rights, title and interest in and to the Platform, and all the content that Honey Tree or our licensors create, including but not limited to any and all copyrights, trademark rights, trade secret rights, patent rights, database rights and other intellectual property and proprietary rights therein. All logos and trademarks, service marks, logos, and trade names displayed on or in connection with the Platform are the registered and unregistered trademarks and service marks of Honey Tree in Australia and/or other countries.

Your use of the Platform does not grant you any rights in or ownership over any of the Platform’s content, and except for the limited licence we grant you under these Terms, your use of the Platform does not grant you any rights, licence or permission under any copyright, trademark or other intellectual property rights of Honey Tree, its related entities, Honey Tree’ licensors and/or any third party. Honey Tree reserves all rights not expressly granted to you in these Terms.

Limited Licence

Subject to these Terms, we grant you a limited, non-exclusive, revocable, non-sublicensable and non-transferable licence to access and use the Platform solely for its intended purpose of using the products made available on the Platform (“licence”).

Such licence does not include the right to, and you must not under any circumstances, reproduce, distribute, adapt, modify, copy, translate, create derivative works from, publish, commercialise or download any content on, component of, or part of, the Platform or otherwise use any of the Platform content for any other purpose except with our express prior written permission. The licence granted under these Terms does not include the permission or right to use any data mining, robots, or similar data gathering or extraction methods. Any degree of commercial exploitation of the Platform content (including intellectual property rights therein) without express prior written permission from us is strictly prohibited and will constitute a breach of these Terms.

Our content used in or in connection with the Platform is proprietary to Honey Tree, its related entities and/or our licensors, and except for use strictly in accordance with the foregoing licence, any use, redistribution, sale, decompilation, production, reverse engineering, disassembly or translation of content, or reduction of content (including software) to human-readable form, is strictly prohibited and will constitute a breach of these Terms.

Any use of the Platform or content on the Platform other than as specifically authorised in these Terms is strictly prohibited and will terminate the licence granted herein. Such unauthorised use may also infringe or violate applicable laws, including, without limitation, copyright and trademark laws and applicable communications regulations and statutes. Unless explicitly stated in these Terms, nothing in these Terms will be construed as conferring any rights or licence to intellectual property rights, whether by estoppel, implication or otherwise. The licence is revocable at any time.

To the extent permitted by applicable law, the licence is provided on an “as is” basis. Honey Tree disclaims all warranties and conditions, express and implied, in relation to the licence, including (without limitation), warranties of merchantability, fitness for a particular purpose, non-infringement and title.

Feedback

To the extent permitted by applicable law, Honey Tree owns any feedback, suggestions, ideas, or other information or materials (hereinafter collectively referred to as “Feedback”) about Honey Tree or the Platform that Users provide or disclose through email, the Platform or in any other manner. Users hereby transfer all rights, ownership and interests in and to the Feedback and all related intellectual property rights to Honey Tree and waive any request for acknowledgment or compensation based on any Feedback or any modifications based on any Feedback, unless otherwise agreed by us in writing.

Assumption of Risk and Responsibility

You acknowledge that access to or use of this Platform and any goods, services or products offered or made available or used in connection with this Platform, including NFTs and participating in Staking Transactions, is subject to significant risks, including without limitation the following risks:

  • that your participation in buying, selling, browsing and trading NFTs is entirely your own responsibility and liability;
  • that your participation in Staking Transactions is entirely your own responsibility and liability;
  • the risk of loss, including the loss of all digital assets, tokens, SAVVI tokens and the loss of NFTs;
  • at any time, your access to your digital assets, tokens and NFTs may be suspended or terminated or there may be a delay in your access or use of your digital assets, tokens and NFTs which may result in the digital assets, tokens and NFTs diminishing in value or you being unable to complete a transaction;
  • the price and liquidity of Listings, Ethereum assets, SAVVI tokens and other digital assets or tokens are extremely volatile and may be subject to significant fluctuations. These fluctuations can lead to monetary loss;
  • statutory and regulatory changes or actions governing blockchain, crypto assets, NFTs, speculative securities, etc are uncertain and may adversely affect a User’s ability to buy, sell and/or trade NFTs on the Platform or participate in Staking Transactions. These changes may also adversely affect the value of Listings, SAVVI tokens and other tokens or digital assets;
  • a User may incur tax liability because of the sale or purchase of a Listing or participation in a Staking Transactions. Honey Tree is not responsible for assessing or paying any taxes which apply to a transaction on the Platform;
  • mislabelled, counterfeit or NFTs susceptible to meta-data decay are all risks that accompany purchasing NFTs or participating in Staking Transactions. Users represent and warrant that they have diligently and independently conducted research before bidding on or purchasing any Listing or participating in a Staking Transactions;
  • Honey Tree does not control or perform any function that may be perceived as exercising control over the Ethereum blockchain. Honey Tree does not control any smart contracts and protocols that may be integral to a User’s ability to complete transactions on the Ethereum blockchain. Transferring a token, digital asset or NFT to the wrong address cannot and will not be rectified by Honey Tree and is governed by the ‘Accidental Transfers’ clause in these Terms;
  • cyber-attacks which may lead to unauthorised access to a User’s Blockchain Wallet, failure of software and hardware, fluctuations in internet speed and reliability, etc. Users accept and acknowledge that they solely bear this risk and Honey Tree will not be liable in any capacity for any disruption to the use of the Platform due to personal cyber-attacks, disruptions in a User’s internet connection or loss or theft of passwords;
  • at any time, your access to SAVVI tokens (including SAVVI tokens in your digital wallet) may be suspended or terminated or there may be a delay in your access or use of your SAVVI tokens which may result in your SAVVI tokens diminishing in value or you being unable to complete a Staking Transaction or use or access your SAVVI tokens;
  • the ability to participate in Staking Transaction may be suspended or terminated for any or no reason at any time, which may limit your access to your SAVVI tokens;
  • the value of your SAVVI tokens used in Staking Transactions or used through the Platform may decrease or diminish at any time and for any reason; and
  • the value of your tokens, digital assets and NFTs used through the Platform may decrease or diminish at any time and for any reason.  

Accordingly, by using this Platform you expressly agree that:

  • you assume all risk in connection with your access and use of the Platform, your digital assets, SAVVI tokens, Staking Transactions and NFTs; and
  • you expressly waive and release Honey Tree and its officers, directors, shareholders, agents, employees, consultants, contractors, subsidiaries, related entities, advisors and partners (together, the “Released Parties”) from any and all liability, claims, causes of action, or damages arising from or in any way related to your use of the Platform.

Disclaimer

To the maximum extent permitted by applicable law, Honey Tree excludes all warranties unless expressly stated in these Terms, including warranties of merchantability, fitness for a particular purpose, or non-infringement relating to any use of any part of the Platform or any goods, services or products offered or made available or used in connection with this Platform.

Users acknowledge that when they access or use the Platform, and use or receive any goods, services or products offered or made available or used in connection with this Platform (including NFTs, tokens and digital assets), you do so entirely at your own risk and relying on your own enquiries and judgement.

To the extent that any applicable law restricts our right to exclude warranties under these Terms, these Terms must be read subject to those provisions and nothing in these Terms is intended to alter or restrict the operation of such provisions.

If those statutory provisions under applicable law apply, notwithstanding any other provision of these Terms, to the extent that Honey Tree is entitled to do so, we limit our liability pursuant to such provisions as follows:‍

  • the supply of the services again; or
  • the payment of the cost of having the services supplied again.

Limit of Liability

Honey Tree’ liability arising in connection with the access to or use of any part of the Platform or any goods, services or products offered or made available or used in connection with this Platform (including NFTs, tokens and digital assets) is limited as follows:

  • we exclude all liability for consequential, special, indirect or remote loss, including loss of opportunity or business;
  • our total maximum liability arising in connection with these Terms, or the Platform, is capped at the total amount of any fees or commissions or margins received by us from you in relation to the particular matter;
  • Honey Tree’ liability is excluded to the extent that you contributed to the liability;
  • Honey Tree’ liability is excluded for anything you have been aware of for longer than six months and a User has not commenced formal legal proceedings. Users waive and release the Released Parties from any such liability or claim; and
  • Honey Tree’ liability is subject to Users taking reasonable action (or not acting unreasonably) to mitigate their loss.

Honey Tree provides the Platform on an “as is” and on an “as available” basis without any warranties as to continuous, uninterrupted or secure access to the Platform, that its servers are free of computer viruses, bugs or other harmful components, that defects will be corrected, or that Users will not have disruptions or other difficulties in using the Platform.

In the event that we terminate the Platform or a User’s access to the Platform pursuant to these Terms, Users release the Released Parties from all liability, loss or claims suffered by you as result of or arising out of such termination.

Honey Tree is not responsible for any loss or damage caused, directly or indirectly, by any events, actions or omissions beyond our control.

Release and Indemnity

Users agree to release Honey Tree and the Released Parties from all loss, liability, damages, claims, proceedings, costs and expenses arising out of or in any way connected with:

  • access to or use of the Platform;
  • any goods, services or products offered or made available or used in connection with this Platform (including NFTs, tokens and digital assets);
  • a User’s breach of these Terms;
  • a User’s infringement of any intellectual property rights of any person, including infringement of intellectual property rights in NFTs, tokens and digital assets listed or made available on the Platform;
  • NFTs (including the value of the NFTs or the loss of the NFTs) listed, traded or available on the Platform;
  • Staking Transactions;
  • a User’s digital assets (including the value of the digital assets or the loss of the digital assets) used on the Platform or in Staking Transactions;
  • any matter for which we have purported to disclaim liability for under these Terms;
  • a User’s use, misuse, or abuse of the Platform; and
  • a User’s breach or failure to observe any applicable law,

(together, the “Released Matters”).  

Users further waive any and all rights and benefits otherwise conferred by any statutory or non-statutory law of any jurisdiction that would purport to limit the scope of a release or waiver.

Users also agree to indemnify, defend and hold harmless the Released Parties from and against all loss, liability, damages, claims, proceedings, costs and expenses arising out of or in any way connected with any Released Matter.

Accidental Transfers

Users understand and agree that if a NFT, SAVVI token, other token or digital asset or any proceeds of sale is deposited into an incorrect account address or incorrect Blockchain Wallet, Honey Tree does not have the ability and is under no obligation or duty to return such NFT, SAVVI token, other token or digital assets or sale proceeds to the User. Regardless of whether Honey Tree controls the destination address, this section will apply.

Users accept all risk associated with providing the correct account address and correct Blockchain Wallet.  

Termination

We may permanently or temporarily terminate or suspend your access to the Platform without notice and liability for any reason, including if in our sole determination you violate any provision of these Terms, or for no reason. Upon termination for any reason or no reason, you continue to be bound by these Terms.

Third Party Materials

The Platform may contain links to third party materials (including websites, tokens, digital assets, NFTs and related materials) that are not owned or controlled by Honey Tree. We do not endorse or assume any responsibility for any such third party sites, information, materials, products, or services. If you access a third party website or service from the Platform on or through any third party website or service, Users do so at their own risk, and Users understand that these Terms do not apply to your use of such sites. Users expressly release the Released Parties from any and all liability arising from your use of any third party website, service, or content.

Additionally, User’s dealings with or participation in promotions of advertisers found on the Platform, including payment and delivery of goods, and any other terms (such as warranties) are solely between you and such advertisers. Users agree that Honey Tree is not be responsible for any loss or damage of any sort relating to a User’s dealings with such advertisers.

General

You must not assign, sublicense, transfer or otherwise deal in any other way with any of your rights or obligations under these Terms. We may assign our rights under these Terms at our discretion.

These Terms are governed by the laws of the British Virgin Islands and each party submits to the exclusive jurisdiction of the courts of the British Virgin Islands and all courts of appeal from there.

Any waiver of any term on these Terms by us can only be done in express writing. Any failure on our part to enforce a term does not constitute a waiver and we reserve the right in relation to all breaches unless expressly stated otherwise.

The contents of these Terms constitute the entire agreement between you and us and supersede any prior negotiations, representations, understandings or arrangements made between you and us regarding the subject matter of this agreement or your access to or use of the Platform, whether made orally or in writing.

If a provision of these Terms is invalid or unenforceable it is to be read down or severed to the extent necessary without affecting the validity or enforceability of the remaining provisions.

A provision of these Terms of Use which can and is intended to operate after its conclusion or termination will remain in full force and effect, including all indemnities, limitations on liability and releases.

Honey Tree will not be liable for any delay or failure to perform its obligations under these Terms if such delay is due to any circumstance beyond our reasonable control (including but not limited to epidemics, pandemics, Government sanctioned restrictions and orders and disruption or malfunction of the Internet or the world wide web or any other electronic network including the Ethereum blockchain whether known or unknown at the time of entering into these Terms).

Users may not commence court proceedings relating to any dispute arising from, or in connection with, these Terms without first meeting with Honey Tree to seek (in good faith) to resolve that dispute (unless that party is seeking urgent interlocutory relief).