Welcome to www.genzvault.com. The Website is owned and operated by Maal Data Lab Sdn. Bhd. ("MDL", "we", and "our"). Please carefully read the following terms and conditions (the "Terms" or "Terms of Use"). These Terms constitute a binding agreement between you and MDL. By entering, visiting, or using the Website in any manner, you indicate your acceptance of these Terms. If you do not agree to these Terms, you may not access the Website or use it in any manner.
The Website provides content and information about MDL and GenzVault, our digital wallet application (referred hereinafter interchangeably "Genz App", “Genz Vault” or “Wallet”) that allows users to securely store, manage, send, receive, convert digital assets to selected fiat currencies, convert selected fiat currencies back into digital assets and swap between different digital assets, including cryptocurrencies & Non-Fungible Tokens (NFTs). The Genz App also allows users to interact with Third-Party Services, such as decentralized applications (dApps) and blockchain platforms. The Website also contains information about MDL services and related offerings.
The content on the Website is for informational purposes only. MDL does not provide any investment or financial advice. Users are encouraged to conduct independent research and seek advice from qualified financial, legal, and tax advisors before making any financial or investment decisions.
MDL does not store, control, or have access to your private keys or digital assets. You are solely responsible for managing and safeguarding your private keys, passwords, and wallet backups. Any loss or compromise of these credentials, depositing unsupported digital assets or using unsupported blockchain networks to deposit your digital assets, may result in the loss of your digital assets, and MDL will not be able to recover them for you nor be held liable for such loss.
Use of digital assets and decentralized applications involves significant risks, including but not limited to system failures, security breaches, and user error. You acknowledge that MDL is not liable for any losses or damages incurred as a result of your use of the Genz App, including loss of digital assets or any errors in transactions.
The Website may contain links to third-party websites or offer Sponsored Services through partnerships. These services may include decentralized applications and other digital services ("Sponsored Services").
MDL does not operate, monitor, or control the third-party websites, Third-Party Services, or Sponsored Services. We are not responsible for their content, attributes, privacy practices, or terms of use. Use of these services is governed by their respective terms and conditions. You are solely responsible for complying with those terms when accessing such services.
The intellectual property rights associated with the Website, including all content, design, data, and code, are the sole property of MDL or its licensors. You may not reproduce, distribute, sell, or otherwise use any part of the Website without MDL’s prior written consent.
Trademarks featured on the Website, whether registered or not, are the exclusive property of MDL or its licensors and may not be used without explicit written permission.
By using the Website, you agree not to:
Breach these Terms or any applicable laws.
Disrupt the Website's functionality.
Circumvent or manipulate the Website’s operation.
MDL may implement technological measures to prevent fraudulent or unauthorized use of the Website.
By downloading and using the Wallet, you agree that you shall not:
Use the Wallet for illegal activities, including money laundering, terrorism financing, fraud, or any unlawful conduct.
Attempt unauthorized access to accounts, systems, or digital assets, or manipulating blockchain networks.
Share, sell, or allow unauthorized access to your wallet or credentials, risking the loss of your digital assets.
Circumvent security features, engaging in hacking, reverse engineering, or tampering with the Wallet or blockchain.
Engage in fraudulent transactions, sending or receiving funds under false pretences, or participating in scams.
Use the Wallet for phishing, fraud, or other deceptive practices aimed at stealing digital assets.
Participate in Ponzi schemes, pyramid schemes, or unregulated financial activities like lending without approval.
Use bots or automated systems that disrupt Wallet operations or blockchain security.
Conducting transactions with sanctioned individuals or entities, or violating international sanctions or embargoes.
Impersonating others or falsely claiming to represent any person, company, or organization.
Exploiting or manipulating others through spamming, malware, or harmful behaviour.
Evading tax obligations related to digital asset transactions, as you are responsible for compliance.
Transferring or receiving assets in violation of legal agreements, or attempting to transact with illegally obtained assets.
Altering, corrupting, or manipulating blockchain data related to your or others' transactions.
Transaction fees or gas fees associated with blockchain use are non-refundable. Blockchain transactions initiated through the Genz App are irreversible. MDL is not responsible for any failed or incorrect transactions.
We respect your privacy. Our privacy policy is available here, and it forms an integral part of these Terms.
You are responsible for complying with the laws of your jurisdiction regarding the use of digital assets and decentralized applications. MDL makes no representations regarding the legality of digital assets in your jurisdiction.
MDL may update or change the Website’s design, layout, and content without prior notice. Such changes may result in temporary malfunctions or disruptions. MDL does not assume any liability for these issues.
We do not guarantee that the Website will be available or operate without errors at all times.
You are responsible for securing your device, passwords, and wallet backup information. MDL is not liable for any unauthorized access to your wallet or assets. MDL does not have the ability to recover or restore your private keys or digital assets.
You must be at least 18 years old to use the Website and Genz App. By accessing the Website, you represent that you are 18 years of age or older.
THE WEBSITE AND GENZ APP ARE PROVIDED ON AN "AS IS" AND "WITH ALL FAULTS" BASIS. MDL MAKES NO WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE ACCURACY, COMPLETENESS, OR FITNESS OF THE WEBSITE, GENZ APP, OR THE CONTENT FOUND WITHIN. USE OF THE WEBSITE AND GENZ APP IS AT YOUR OWN RISK.
TO THE FULLEST EXTENT PERMITTED BY LAW, MDL, ITS EMPLOYEES, OR AFFILIATES SHALL NOT BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, OR OTHER DAMAGES ARISING OUT OF THE USE OR INABILITY TO USE THE WEBSITE, GENZ APP, OR THIRD-PARTY SERVICES ACCESSED THROUGH THE WEBSITE OR GENZ APP.
You agree to indemnify and hold harmless MDL, its affiliates, and employees from any claims, liabilities, damages, or costs arising from your use of the Genz App or any violation of these Terms.
Due to the non-custodial nature of the Genz Wallet, MDL cannot prevent your use or access to the wallet, however, should MDL suspect or have reason to suspect a breach of these Terms or for any reason at our sole discretion. Should the need arise MDL will not hesitate to corporate with Law Enforcement and assist in investigation, if any.
For paid subscription users, MDL reserves the right to terminate or suspend your access to the subscription services, Website or Genz App if we suspect a breach of these Terms or for any reason at our sole discretion.
These Terms are governed by the laws of Malaysia. Any disputes arising from these Terms will be subject to the non-exclusive jurisdiction of the courts in Malaysia and/or Singapore.
MDL may modify these Terms from time to time. Changes will become effective 7 days after they are posted on the Website unless a legal requirement necessitates an immediate change.
For any questions, please contact us through the Website or email us at support@genzvault.com
Last Updated: 22 October 2024