These terms of service (“Terms”) govern your use of the Grams Wallet (whether as a standalone application or as incorporated into the Telegram Messenger application) (the “Services”) offered by Telegram FZ-LLC (“we”, “us” or “our”). By using the Services, you acknowledge that you have read, understand and agree to be bound by these Terms. If you do not agree to these Terms, you may not use the Services.

Eligibility. You represent and warrant to us that: (a) you are an individual, at least 18 years of age or older and have the capacity to enter into these Terms and (b) you shall not use the Services if you are prohibited by any applicable law, regulation, or rule from doing so, including those relating to embargoes, sanctioned countries and sanctioned individuals.

Modification. We reserve the right, in our sole discretion to modify these Terms at any time and in our sole discretion. If we change these Terms, we will post the revised Terms here, and such changes will be effective immediately upon that posting. You should therefore periodically review these Terms when accessing or using the Services. Each use of the Services constitutes your agreement to be bound by and comply with the then-current Terms. If at any time you no longer agree to be bound by or comply with these Terms, then you should stop accessing and using the Services.

Compliance with Law. You agree to use the Services only for lawful purposes and in compliance with all applicable laws.

Use of the Services. 4.1. Credentials. We do not access or store your public or private key(s), backup phrases or passwords or other identifying information about you (“Credentials”). You are solely responsible for managing and maintaining the security of your Credentials. If you lose your Credentials, we do not have the ability to recover your Credentials or assist you in retrieving your Credentials, and you may not be able to access your Grams. Please note that we do not collect any personal information about you through your use of the Services. 4.2. Termination. We reserve the right to close, terminate or disable any or all of the Services, your user account, or your access to the Services at any time and for any reason. 4.3. Transactions. In order to be completed, any Gram-transaction created using the Services must be validated and recorded in the TON Blockchain ledger. We have no control over the TON Blockchain network and therefore cannot ensure that any transaction details that you submit via the Services will be validated and confirmed on the TON Blockchain. The transactions you submit via the Services may not be completed, or may be substantially delayed by the TON Blockchain. We have no control over the TON Blockchain and do not have the ability to facilitate any cancellation or modification requests to transactions you have submitted. A fee may be imposed on your transaction by the TON Blockchain. We have no control over the amount or type of such fees.

No Warranties. YOUR USE OF THE SERVICES IS AT YOUR OWN RISK. THE SERVICES ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DO NOT MAKE AND WE HEREBY DISCLAIM, ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, AVAILABILITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF THE SERVICES. WITHOUT LIMITING THE FOREGOING, WE DO NOT REPRESENT OR WARRANT THAT THE SERVICES WILL BE ACCURATE, CONTINUOUS, ERROR-FREE, UNINTERRUPTED, OR TIMELY, OR THAT THE SERVICES ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS OR THAT THE SERVICES WILL OTHERWISE MEET YOUR NEEDS OR EXPECTATIONS. SOME JURISDICTIONS DO NOT ALLOW EXCLUSION OF WARRANTIES OR LIMITATIONS ON THE DURATION OF IMPLIED WARRANTIES, SO THE ABOVE DISCLAIMER MAY NOT APPLY TO YOU IN ITS ENTIRETY, BUT WILL APPLY TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW. OBLIGATIONS UNDER THESE TERMS ARE FOR THE BENEFIT OF YOU ONLY, AND NOT FOR THE BENEFIT OF ANY OTHER PERSON.

Limitation of Liability. TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL TELEGRAM NOR ANY PERSON ASSOCIATED WITH TELEGRAM BE LIABLE FOR: (A) ANY DAMAGES GREATER THAN TEN DOLLARS ($10), or (B) ANY LOSS OF USE, LOST GRAMS OR OTHER CURRENCIES, LOST DATA, FAILURE OF SECURITY MECHANISMS, INTERRUPTION OF BUSINESS, OR ANY INDIRECT, SPECIAL, INCIDENTAL, OR CONSEQUENTIAL DAMAGES OF ANY KIND (INCLUDING LOST PROFITS), REGARDLESS OF THE FORM OF ACTION, WHETHER IN CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY OR OTHERWISE, EVEN IF INFORMED OF THE POSSIBILITY OF SUCH DAMAGES IN ADVANCE. NOTWITHSTANDING ANY OTHER PROVISION OF THESE TERMS, NEITHER TELEGRAM NOR ANY PERSON ASSOCIATED WITH TELEGRAM SHALL HAVE ANY LIABILITY UNDER THESE TERMS.

Indemnity. You agree to indemnify and hold us and our affiliates, directors, officers, and employees from any and all claims, damages, losses, costs or expenses, including without limitation, reasonable attorneys’ fees, arising out of or relating to: (a) your use of the Services or the use of the Services by a third party using your credentials, whether authorized or not; and (b) your breach of these Terms. This indemnity shall survive any termination or cancellation of these Terms.

Third-Party Services. In using the Services, you may view content or services provided by third parties (“Third-Party Services”), including links to web pages and services of such parties. By using Third-Party Services, you agree to the terms and conditions of the respective Third-Party Service. We are not responsible or liable for any loss or damage of any sort incurred as a result of your use of a Third-Party Service. USE OF THE TON BLOCKCHAIN IS AT YOUR OWN RISK. WE DO NOT MAKE AND WE HEREBY DISCLAIM, ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY, AVAILABILITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT OF THE TON BLOCKCHAIN.

Taxes. You are responsible for determining what, if any, taxes apply to your use of the Services or Grams. We are not responsible for determining whether taxes apply to any transactions you make using the Services or for collecting, reporting, withholding or remitting any taxes arising from any virtual currency transactions.