Terms of Use

PARTIES
These Terms of Service (“Terms”) constitute a contract between you (“you” or “your”) and Govato, (the “Company”). You must read and agree to these Terms before using any of the Company’s software. You may use the Company’s software only if you are in compliance with these Terms, and all applicable local, state, national, and international laws, rules and regulations.

SERVICE OFFERED
The Company is a software company that has created Coin Text software (“Govato Software”). The Govato Software enables users in certain countries to utilize their mobile phones to (i) create a virtual currency wallet address (for certain supported virtual currencies) and (ii) transfer the virtual currency to another wallet address of such virtual currency through the use of text messaging. The virtual currency that the Company currently supports is Ovato (OVO). This license agreement permits you to use the Govato Software subject to certain conditions, rights and obligations, which are set forth in this contract. You should only use the Govato Software if you understand the risks of virtual currency.

FEES
The Govato Software is licensed to you without charge. In order to transfer virtual currency to and from the software wallet address on your mobile phone, the Govato Software connects your mobile phone to servers that are operated by the Company. When you communicate a SEND message through the Govato Software, the Company automatically collects a fee (per byte of data transmitted) for processing the transfer to another software wallet of such virtual currency. When you communicate a SEND message, the Company charges the following fees, per byte of data transferred. A fee is collected only on the messages that result in Virtual Currency moving from the sender’s Virtual Currency wallet address to another Virtual Currency wallet address. In addition to the Company’s per byte fee, you will also pay the applicable network processing fee of a Virtual Currency network server to process your transaction and any applicable text messaging fee that your mobile phone company may charge you. The amount of the fee by the Company for the use of the Govato Software may be changed, from time to time, in the sole discretion of the Company.

YOUR PRIVATE KEYS
The Company provides software to permit you to establish a Virtual Currency software wallet on your mobile phone. The Company does not store on its servers any public or private keys of your Virtual Currency software wallet, any phone numbers, or any backup phrases or passwords related to any Virtual Currency wallet that you establish on your mobile phone. The public and private keys for any Virtual Currency wallet that you set up using the Govato Software only exist in working random access memory of the servers of the Company for a fraction of a second, and are removed from random access memory of the Company’s servers upon completion of a command execution by the Govato Software.
Some advantages of this function of the Govato Software is that it can improve the security of your software wallet by limiting access to the private keys of your Virtual Currency software wallet. The disadvantage of this function of the Govato Software is that, unless you make a copy of your private key information, you will permanently lose access to your Virtual Currency in your Govato Software wallet if (i) you lose your mobile phone, (ii) the servers of Govato cease transmitting transactions, or (iii) your mobile phone’s text messaging software somehow prevents your software wallet from functioning. If you are concerned about these risks of loss of any Virtual Currency that you transfer to your Govato Software wallet, you can view and make a copy of your 51 character private key (in wallet import format) for your Virtual Currency by using the PRIVATEKEY command on your Govato Software. For security purposes, we recommend that you delete the private key from your text messages, not let anyone else view your private key, and store the private key in a secure manner. It should be noted that your mobile phone carrier may keep a record of your text messages, including the text message that contains your private key.

If you do not understand what we have said in this part of the Terms of Service, then the Company recommends that you learn more about virtual currency before using the Govato Software. It’s like cash. If you have a Virtual Currency software wallet on your mobile phone, when you lose your mobile phone, you lose your Virtual Currency (unless you create a backup of your private key and restore the backup on another compatible software wallet).

USER OBLIGATIONS
You shall:
(a) be of age of majority in your local jurisdiction;,
(b) be responsible for your own BCH;
(c) be responsible for keeping your Private Key private;
(d) carefully review Govato Software commands,
(e) ensure that your mobile phone is fully updated and does not contain viruses, malware or otherwise malicious software; and
(f) ensure that your use of the Govato Software complies with all applicable local, state, national, and international laws, rules and regulations.

You shall not:
(a) deposit any virtual currency other than the Virtual Currency applicable to your specific software wallet into any address for Govato Software;
(b) use your Govato Software wallet in a manner likely to interfere with other Govato Software users or servers (e.g. excessive API calls or network spam); or,
(c) use the Govato Software in a manner contrary to any applicable local, state, national, and international laws, rules and regulations.

NO CONTROL OVER ANY VIRTUAL CURRENCY BLOCKCHAIN
The Company is not the creator of, nor does it have any control over, any Virtual Currency network. The Govato Software only provides you with a Virtual Currency software wallet address for you to use. You shall be solely responsible for your choice of and use of the Virtual Currency in your wallet.

THIRD PARTY INTEGRATIONS
The Govato Software integrates with mobile phone carrier text messaging services and other third party services. Although the Govato Software makes it easy to engage with integrated third parties, the Company shall not be responsible for any consequences resulting from your use of third-party integrated services. If you require assistance with a third-party integration, then you should contact that third party.

TRANSACTIONS
The only authentic record of Virtual Currency transactions is the applicable blockchain of such Virtual Currency. The Govato Software provides functionality that allows you to send transfer instructions to send your Virtual Currency from one software wallet to another software wallet. The successful transactions you perform using the Govato Software shall be stored on the blockchain of the applicable Virtual Currency. You must ensure that your transactions conform to the applicable rules of the software for the Virtual Currency. There may be network fees associated with Virtual Currency transactions that are required by the Virtual Currency’s software algorithms. The Company shall not be responsible for any losses you incur due to network fees required by any Virtual Currency network or caused by any problems related to the software of the Virtual Currency.

LIMITED INTELLECTUAL PROPERTY LICENSE
The Company licenses the Govato Software to you on a personal, non-exclusive, royalty-free, non-transferable, worldwide-basis, for the purpose of (i) holding the Virtual Currency in the Govato Software wallet and (ii) transferring the Virtual Currency to another software wallet. You are not permitted to redistribute the Govato Software, modify any code or use any Govato Software content, including images and text, as part of any other software or project of any kind. You must obtain the Company’s written permission before acting contrary to copyright law or the terms of this clause.

THIRD PARTY LIBRARIES
The Govato Software contains software libraries developed by third parties. The Company may provide third party software libraries to you as part of the Govato Software, but the Company shall not be considered to be the owner or licensor of the third party libraries. Please refer to and respect the relevant third-party licenses.

SUBMITTED FEEDBACK AND IDEAS
If you choose to provide feedback on the features or functions of the Govato Software (“Submitted Feedback”) then, you shall be deemed to have given permission to the Company to incorporate your Submitted Feedback into the Govato Software. The Company shall be free to make use of your Submitted Feedback without royalty or obligation of any kind.

SPECIFICALLY DISCLAIMED RISKS
Using virtual currency wallet software necessarily entails many risks. The Company specifically disclaims, and shall have no liability to you for, the following risks:
(a) mobile phone system failures;
(b) interactions between your hardware, software and the Govato Software;
(c) cloud backup software (e.g. certain Android or Apple distributions) may upload your private files/information to third party services; and,
(d) malware, viruses or other malicious software on your device that is able to take control of or interfere with the Govato Software; and,
(e) communication delays between your Govato Software and a node or relay service for Virtual Currency (and vice versa); and,
(f) failure to achieve a certain market value/price for Virtual Currency, whether through a third-party service or any other kind of transaction (i.e. due to delays); and,
(g) theft of your device or your Virtual Currency.
The Company cannot restore access to your funds should you lose access for any reason. If you lose your phone can lose all your Virtual Currency. If you allow someone else to use your phone can lose all your Virtual Currency. If you lose your phone number you can lose all your Virtual Currency. If you allow someone to access your private key, you can lose all your Virtual Currency.

NO WARRANTY
The Govato Software 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, the Company does not warrant that the Govato Software is fit for your purpose, even if you have previously provided notice of your intended purpose, and does not warrant that the Govato Software will operate in a bug-free manner.

LIMITATION OF LIABILITY
The Company’s liability to you shall not, under any circumstances, exceed $50 of United States currency. Notwithstanding any term of this agreement, the Company shall not be liable for any losses or damages that result from providing free technical support to you.

INDEMNITY
You agree to indemnify the Company against any claims, damages, losses or legal fees incurred due to your use (or misuse) of the Govato Software.

NON-WAIVER
No action or inaction of the Company shall be considered a waiver of any right or obligation by the Company.

AMENDMENT
This contract may be amended by the Company, from time to time, at any time. If you do not agree to the amended terms, then your sole remedy shall be to cease using the Govato Software.

ASSIGNMENT
You may not assign this agreement. The Company may assign this agreement, at any time, to its successors and assigns.

GOVERNING LAW
This contract shall be governed by the internal substantive laws of Singapore, without respect to its conflict of laws principles. Notwithstanding the preceding sentence with respect to the substantive law, any arbitration conducted pursuant to the terms of these terms shall be governed by the American Arbitration Association, pursuant to its Commercial Arbitration Rules. The application of the United Nations Convention on Contracts for the International Sale of Goods is expressly excluded. You agree to submit to the personal jurisdiction of the federal and state courts located in Singapore???? for any actions for which we retain the right to seek injunctive or other equitable relief in a court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation or violation of a our copyrights, trademarks, trade secrets, patents, or other intellectual property or proprietary rights, as set forth in the arbitration provision below, including any provisional relief required to prevent irreparable harm. You agree that SIngapore is the proper forum for any appeals of an arbitration award or for trial court proceedings in the event that the arbitration provision below is found to be unenforceable.

ARBITRATION
Please read this section carefully because it requires the parties to arbitrate their disputes and limits the manner in which you can seek relief from the Company. For any dispute with the Company, you agree to first contact us at contact@govato.io. and attempt to resolve the dispute with us informally. In the unlikely event that the Company has not been able to resolve a dispute it has with you after sixty (60) days, we each agree to resolve any claim, dispute, or controversy (excluding any claims for injunctive or other equitable relief as provided below) arising out of or in connection with or relating to these Terms, or the breach or alleged breach of these Terms, by binding arbitration before a single arbitrator under the laws of Singapore, including the Optional Rules for Emergency Measures of Protection, in force on the date on which the notice of arbitration is submitted in accordance with those rules. The application of the United Nations Convention on Contracts for the International Sale of Goods is expressly excluded. The arbitration will be conducted in Singapore, in English, unless you and the Company agree otherwise. The award rendered by the arbitrator may include costs of arbitration, reasonable attorneys’ fees and reasonable costs for expert and other witnesses. Any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. Nothing in this Section shall be deemed as preventing the Company from seeking injunctive or other equitable relief from the courts as necessary to prevent the actual or threatened infringement, misappropriation, or violation of the Company’s data security, intellectual property rights, or other proprietary rights.

ENTIRE AGREEMENT
These Terms are the entire agreement between the parties and supersedes any other agreement, representations (or misrepresentations), or understanding, however communicated.

Seth, 11:23 PM
Govato privacy draft

PRIVACY POLICY
Last Updated: February 10, 2020

This Privacy Policy describes how Govato, a (the “Company”), collects, uses and shares personal information of users of its Govato virtual currency wallet software (the “Govato Software”).

IMPORTANT INFORMATION
We do not need or request any information about the identities of anyone using the Govato Software in order to deliver our services.

We only use personal information to provide requested support or respond to inquiries, and we never collect personal information about individuals without their consent. Except for the limited technical data collection mentioned below, the only information that we receive about individuals is what is voluntarily provided to us in connection with inquiries, whether from people wanting to know more information about Company or users of the seeking support. The information that you we may collect from you under those circumstances may include such personal information as your name, address, email address and mobile phone number (collectively, “Personal Information”).

WHAT WE COLLECT

As noted above, we are not interested in learning anything more about our users and visitors than is absolutely necessary for us to provide information about our services, and support to users of those services. We may collect the following information:

Information You Give Us. We collect only information you directly give us on our Website by email, telephone or other correspondence, as required to provide customer support or respond to inquiries.
Information Automatically Collected by Our Website. On our Website, we automatically log information about you and your computer. For example, when visiting our Website, we log the location of your connection (city, state, and country), your computer operating system type, device type, browser type, browser language, the website you visited before browsing to our Website, pages you viewed, how long you spent on a page, access times and information about your use of and actions on our Website.
Cookies. When you use our Website, we may log information using “cookies.” Cookies are small data files stored on your hard drive by a website. We may use both session cookies (which expire once you close your web browser) and persistent cookies (which stay on your computer until you delete them) to provide you with a more personal and interactive experience on our Website. We use functionality cookies, to allow our Website to remember whether you have visited our Website before. We also use analytics to collect information about traffic to our Website and how users use our Website. The information gathered does not identify any individual visitor. The information is aggregated and anonymous. It includes the number of visitors to our Website, the websites that referred them to our Website, the pages they visited on our Website, what time of day they visited our Website, whether they have visited our Website before, and other similar information.
Disabling cookies. You can typically remove or reject cookies via your browser settings. In order to do this, follow the instructions provided by your browser (usually located within the “settings,” “help” “tools” or “edit” facility). Many browsers are set to accept cookies until you change your settings.

USE OF PERSONAL INFORMATION

We use your Personal Information only to respond to comments and questions and provide customer service.

SHARING OF PERSONAL DATA

We may share Personal Information as follows:

With your consent.
To comply with laws.
To respond to lawful requests and legal processes.
To protect the rights and property of the Company, our agents, customers, and others.
To protect the safety of our employees and agents, our customers, or any person.
With those who need it to do work for us.

ANONYMOUS DATA

When we use the term “anonymous data,” we are referring to data and information that does not permit you to be identified or identifiable, either alone or when combined with any other information available to a third party.

We may create anonymous data from the Personal Information we receive about you and other individuals who provide Personal Information to us. Anonymous data might include analytics information and information collected by us using cookies. We make Personal Information into anonymous data by excluding information (such as your name) that makes the data personally identifiable to you. We use this anonymous data to analyze usage patterns in order to make improvements to our Govato Software and our Website

INTERNATIONAL DATA TRANSFER

Your information, including Personal Information that you provide, may be transferred to, stored at and processed by us outside the country in which you reside, including, but not limited to the United States, where data protection and privacy regulations may not offer the same level of protection as in other parts of the world. By submitting Personal Information to us, you consent to such transfer. We will take all steps reasonably necessary to ensure that your data is treated securely and in accordance with this Privacy Policy.

SECURITY

We use reasonable organizational, technical and administrative measures to protect Personal Information within our organization, including the encryption of our computers and servers. Unfortunately, no transmission or storage system can be guaranteed to be completely secure, and the transmission of information by the internet is not completely secure.

RETENTION

We will only retain your Personal Information as long reasonably required for us to provide the requested customer support and inquiry services. In the context of customer support, we retain information sufficient to connect subsequent requests from the same user in order to provide efficient service, unless a longer retention period is required or permitted by law.

FOR RESIDENTS OF THE EUROPEAN ECONOMIC AREA: GENERAL DATA PROTECTION REGULATION (GDPR) RIGHTS

If you are a resident of the European Economic Area (EEA), you may have certain additional data protection rights.

Upon request, we will provide you with information about whether we hold any of your Personal Information, along with any details required to be provided to you under applicable law. In certain cases, you may also have a right to:

amend any of your Personal Information that is inaccurate;
to restrict or limit the ways in which we use your Personal Information;
to object to the processing of your Personal Information;
to request the deletion of your Personal Information, and
to obtain a copy of your Personal Information in an easily accessible format.

To submit a request, please contact us, as set forth in the Contact Us section below. We will respond to your request within thirty (30) days.

You also have the right to withdraw your consent to our processing of your Personal Information, if our processing is solely based on your consent. Please note that, in certain cases, we may continue to process your Personal Information after you have withdrawn consent and requested that we delete your Personal Information, if we have a legal basis to do so. For example, we may retain certain information if we need to do so to comply with an independent legal obligation, or if it is necessary to do so to pursue our legitimate interest in keeping the Services safe and secure. If you have any complaints regarding our privacy practices, you have the right to lodge a complaint with your national data protection authority.

CHANGES TO THIS PRIVACY POLICY

We may change this Privacy Policy. If we make any changes, we will change the “Last Updated” date above.

CONTACT US

You may contact us as follows:

Govato
privacy@govato.io