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Terms of Use

Effective Date: July 24, 2025

Velto Technologies Ltd., a company incorporated under the laws of the British Virgin Islands, with its registered office at Ground Floor, O'Neal Building, 57 Main Street, Road Town, Tortola VG 1110, PO Box 3169 PMB 425, British Virgin Islands and registered number 2189318, (“Velto,” “we,” “us,” or “our”).

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Disclaimer: 

1. Agreement to Terms

By accessing or using Velto wallet’s website (https://www.velto.com), web interface, or mobile applications (collectively, the “Services”), or by registering for our pre-launch Whitelist, you (“you” or “User”) agree to be bound by these Terms and Conditions (“Terms”) and any documents they expressly incorporate by reference. If you do not agree to these Terms, you must immediately cease all use of the Services.

1.1. Your use of the Services constitutes your electronic signature, acceptance, and agreement to all provisions of these Terms.

1.2. We reserve the right, at our sole discretion, to modify or update these Terms at any time by posting the revised Terms on the Site or via in-app notice. All changes are effective immediately upon posting, and your continued use of the Services constitutes acceptance of the revised Terms.

1.3. Certain features of the Services (e.g., token swaps, Whitelist registration, or mobile app downloads) may require you to expressly accept additional terms (e.g., fees, eligibility criteria, or third-party policies) before access is granted. Your use of those features signifies your agreement to those supplemental terms.

1.4. You acknowledge and agree that Velto may provide notices to you—such as those regarding changes to these Terms, software updates, and other matters—by posting them on the Site, via in-app notifications, or by sending an email to the address you have provided.1.5. These Terms, together with Velto’s Privacy Policy and any other legal notices published by Velto on the Services, constitute the entire agreement between you and Velto governing your use of the Services and supersede all prior or contemporaneous agreements, representations, and understandings, whether written or oral, regarding the Services.

1.6. Data Protection and Privacy Velto processes personal data in accordance with its Privacy Policy. Where applicable, Velto complies with data protection standards under the BVI Data Protection Act, 2021, and comparable international regimes (including the EU General Data Protection Regulation (GDPR)).
By using the Services, you consent to such processing.

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2. Definitions

For purposes of these Terms and Conditions (“Terms”), the following capitalized have the meanings set forth below:

“Account” means the unique user account you register and maintain to access the Services, including your login credentials and associated profile information.

“App” or “Mobile Applications” means Velto wallet’s native applications for iOS and Android devices.

“Content” means all text, graphics, images, software, audio, video, and other materials available through the Services.

“Digital Assets” means any tokens, cryptocurrencies, or other crypto‐ or blockchain-based assets that Velto wallet supports for self-custody or interaction through the Services.

“Dapp(s)” or “Decentralized Applications” means third-party blockchain applications (including, without limitation, decentralized exchanges) that you may connect to or interact with via the Services.

“Functionality” means all features and capabilities of the Services, including without limitation:

  • storing Digital Assets locally in your non-custodial wallet;
  • initiating peer-to-peer token swaps on the Solana blockchain via third-party Dapps or market maker quotes;
  • viewing on-chain transaction history and wallet addresses;
  • push notifications and in-app messaging; and
  • any new features added in future updates.

“Market Maker” means any independent professional liquidity provider that offers price quotes for token swaps within the Services.

“Recovery Phrase” means the sequence of words provided to you during wallet setup that allows you to restore access to your Digital Assets if you lose control of your private keys. You are solely responsible for securely storing and protecting your Recovery Phrase.

“Services” means collectively the Velto wallet website (https://velto.com), the App, and any functionality or content made available through those platforms.

“Third-Party Services” means services, software, or content provided by unaffiliated third parties (e.g., market makers, decentralized exchanges, analytics providers, app stores) that you may access or use through the Services.

“User Content” means any Content that you upload, submit, post, or otherwise make available via the Services, including feedback, comments, and wallet-related data.

“Velto,” “we,” “us,” or “our” means Velto, the services and the entity providing the Services.

“Whitelist” means the pre-launch registration list for users who opt in with their email addresses to receive launch updates, beta invitations, and priority access. Inclusion on the Whitelist does not guarantee access or any financial benefit.

“Website” or “Site” means Velto’s official web platform at https://velto.com, including all subdomains and associated web pages.

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3. Changes to Terms

3.1 Modification Rights
Velto reserves the right, at its sole discretion, to modify, amend, supplement, or replace these Terms in whole or part at any time and for any reason. Material changes—such as new fees, changes to dispute‐resolution procedures, or modifications to user rights—will be identified as “Material Update” and summarized at the top of this section.

3.2 Notice of Changes
We will provide notice of Material Updates by at least one of the following methods:

  • Posting the revised Terms on the Site or within the App, with the “Effective Date” clearly displayed at the top.
  • Sending an email to the address associated with your Account or Whitelist registration.
  • In-app or on-site banner notification directing you to review the updated Terms.

All other non-material changes may be made without notice and will be effective upon posting.

3.3 Effective Date and Acceptance
Each set of revised Terms will include an “Effective Date” indicating when the changes take effect. Your continued access or use of the Services after the Effective Date constitutes your acceptance of the revised Terms. If you do not agree to any change, you must stop using the Services and may request termination of your Account.

3.4 Severability of Changes
If any revision to these Terms is found to be invalid, void, or unenforceable, the remainder of the Terms will continue in full force and effect, and Velto’s right to implement additional revisions will remain unaffected.

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4. Who May Use the Services

4.1 Eligibility
You represent and warrant that you meet all of the following criteria in order to use or access the Services:

  • You are at least 18 years of age (or the minimum age of legal majority in your jurisdiction, if higher).
    - You have full power and authority to enter into these Terms and to perform your obligations hereunder.
    - You are not a resident of, or otherwise located in, any jurisdiction to which the import, export, or provision of the Services is prohibited by applicable law or sanction (including persons or entities on U.S. or U.N. sanctions lists).
    - You are not a government-issued “Specially Designated National” or otherwise subject to trade or economic sanctions imposed by the U.S., U.N., European Union, or other relevant authority.

4.2 Restricted Persons and Jurisdictions
The Services are not offered to, and may not be accessed by, any person or entity that is:
- Prohibited by applicable law from using cryptographic or blockchain‐related services.
- Located in, or a national or resident of, any jurisdiction in which the Services are illegal or require registration or licensing that Velto has not obtained.

4.3 Verification; Account Suspension
We may, at our discretion and without prior notice, verify your identity or eligibility and suspend or terminate access if:
- You fail to provide accurate, complete, or current information upon request.
- We reasonably believe you are in breach of these eligibility requirements or any applicable law.

4.4 No Transfer or Assignment
Your right to use the Services is personal to you and may not be transferred, assigned, or sublicensed to any third party without Velto’s prior written consent. Any attempt to do so is void.

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5. Content Ownership, Responsibility, and Removal

5.1 Definitions
For purposes of these Terms:
- “Content” means all text, graphics images, music, software, audio, video, works of authorship of any kind, and information or other materials that are posted, generated, provided, or otherwise made available through the Services.
- “User Content” means any Content that you or other users submit, post, upload, or otherwise make available through the Services.
- “Velto Content” means all Content provided by or on behalf of Velto, excluding User Content.

5.2 Ownership
a. User Content: You retain all ownership rights in your User Content. Velto does not claim any ownership of User Content, and nothing in these Terms limits any rights you may have under applicable law to use or exploit your User Content.
b. Velto Content: All right, title, and interest in and to Velto Content and the Services (including all associated intellectual property rights) are and will remain Velto’s exclusive property or that of its licensors.

5.3 License Grants
a. License from You: By submitting User Content, you grant Velto a worldwide, non-exclusive, royalty-free, sublicensable, and transferable license to use, copy, distribute, create derivative works of, display, and perform your User Content solely for the purpose of operating and providing the Services.
b. License to You: Subject to your compliance with these Terms, Velto grants you a limited, non-exclusive, non-transferable, revocable license to access and view Velto Content solely in connection with your permitted use of the Services.

5.4 User Responsibilities and Warranties
a. Lawfulness: You represent and warrant that you own or have all necessary rights to the User Content you submit and that your User Content does not infringe any third party’s intellectual property, privacy, or other legal rights.
b. Accuracy: You are responsible for ensuring all information you provide is accurate, complete, and up-to-date.

5.5 Removal and Enforcement
a. Discretionary Removal: Velto may, but is not obligated to, monitor, edit, or remove any User Content at any time and for any reason, without notice, including if it believes User Content violates these Terms, infringes third‐party rights, or is otherwise objectionable.
b. Repeat Infringers: Velto reserves the right to suspend or terminate accounts of users who repeatedly infringe the intellectual property or other rights of others.
c. DMCA and Similar Notices: Velto will respond to valid copyright infringement notices in accordance with applicable law and may remove or disable access to infringing User Content.

5.6 No Liability for User Content
Velto is not responsible for any User Content and disclaims all liability for any loss or damage resulting from User Content, including offensive, defamatory, or otherwise objectionable content posted by users.

5.7 Third-Party Services and Links

The Services may contain links to or integrations with Third-Party Services. Velto does not control and is not responsible for any Content, products, services, or practices of third parties, nor does it endorse any such third-party Content.
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6. Acceptable Use

As a condition of your use of the Services, you agree that you will not, and will not assist or enable any third party to, use the Services in manner that:

6.1 Violates Rights
​ 6.1.1 Infringes the intellectual property, privacy, publicity, or other legal rights of Velto, our users, licensors or any third party.
​ 6.1.2 Misappropriates or unlawfully discloses any non-public or proprietary information.

6.2 Illegal or Harmful Conduct
​ 6.2.1 Engages in or promotes illegal, fraudulent, deceptive, harassing, threatening, intimidating, abusive, hateful, or violent conduct.
​ 6.2.2 Facilitates money laundering, terrorist financing, fraud, or any other criminal activity.

6.3 False or Misleading Content
​ 6.3.1 Post(s) or transmit(s) any false, inaccurate, or misleading information, including impersonation of any person or entity.
​ 6.3.2 Engage(s) in bulk messaging, unsolicited communications, or spamming.

6.4 Security and Network Abuse
​ 6.4.1 Circumvent(s) or attempt(s) to circumvent any security, usage, or access controls, including rate-limits.
​ 6.4.2 Introduce(s) any virus, malware, ransomware, or other harmful code.
​ 6.4.3 Interfere(s) with, disrupt(s), or degrade(s) the operation of the Services, servers, or networks.
​ 6.4.4 Use(s) automated scripts, bots, scrapers, or other means to access or collect data without our prior written permission.

6.5 Network Obfuscation
​ 6.5.1 Mask(es) or disguise(s) your IP address, geolocation, or device identity to evade enforcement or audit.

6.6 Sanctions and Export Compliance
​ 6.6.1 Use(s) the Services in violation of any applicable export control, economic sanctions, or trade-embargo laws, including U.S. OFAC, U.N., EU, U.K., or other applicable lists.
​ 6.6.2 Access(es) the Services from, or on behalf of, any jurisdiction or person to whom or which Services are prohibited.

6.7 Digital Asset Representations
​ 6.7.1 Transfer(s) any Digital Assets that you do not own or have valid authorization to use.
​ 6.7.2 Use(s) the Services to transmit proceeds of criminal or fraudulent activity.
​ 6.7.3 Fail(s) to pay any blockchain network (“gas”) fees or Velto fees required for transactions.

6.8 Enforcement Rights
​ 6.8.1 Velto may monitor, investigate, and enforce these prohibitions, including removing or disabling User Content, suspending or terminating Accounts, and reporting conduct to law enforcement or regulators.
​ 6.8.2 Velto reserves the right to block IP addresses or take any other technical or legal measures to protect the Services, even if those actions may adversely affect your access.

Continued use of the Services constitutes your agreement to comply with this Acceptable Use policy. Failure to adhere may result in immediate suspension or termination of your access.

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7. Services and Swap Functionality

Velto wallet offers a suite of non-custodial, front-end tools that empower you to manage, monitor, and swap digital assets on the Solana blockchain, with additional information and insights to inform your decisions. At launch, our core Services include:

7.1 Swap Feature

  • Peer-to-Peer Swaps: Instantly exchange one SPL token for another on the Solana network via aggregated quotes from independent Market Makers and DEX aggregators.
  • Routing Engine: Splits and routes orders across multiple liquidity venues to minimize slippage and network fees, presenting you with the best available rate.
  • Fees Disclosure: You are responsible for on-chain (“gas”) fees and a clearly disclosed Velto swap fee, displayed before confirmation.
  • Slippage Controls: Customize slippage tolerance in settings; transactions outside tolerance will automatically revert.

7.2 Token Price Feed

  • Real-Time Prices: View up-to-date token valuations fetched from reputable price-feed APIs; slight delays (up to 30 seconds) may occur during high network load.
  • Fiat Conversion: Display token values in your chosen fiat currency (e.g., USD, EUR) using the latest exchange rates.
  • Historical Quotes: Access a short-term price history directly in the interface to gauge recent performance.

7.3 Trending Tokens

  • Top Movers: Discover the top gainers and losers over customizable intervals (24 h, 7 d) to spot momentum and volatility.
  • Volume Highlights: See which tokens have the highest trading volume on Solana, helping you identify liquid markets.
  • Curated Lists: Browse tokens gaining traction in the broader Web3 ecosystem, hand-picked by Velto’s research team.

7.4 Portfolio Overview

  • Balance Dashboard: Consolidated view of all SPL token holdings, their current prices, 24 h P&L percentages, and aggregate portfolio value.
  • Performance Metrics: Track daily, weekly, and monthly value changes—helping you assess overall portfolio health.
  • Transaction History: Comprehensive record of all on-chain activities, including swaps, transfers, and Dapp interactions.

7.5 Future Extensions

  • NFT Management: Browse, send, receive, and list Solana-based NFTs in a unified interface.
  • Staking and Yield: Participate in liquid staking protocols and yield farms directly from Velto wallet, with APR/APY estimates.
  • Cross-Chain Swaps: Enable token transfers and swaps across multiple blockchains, subject to third-party bridge integrations.

Each Service is provided “as is” without custody of your private keys or assets. You retain full control and responsibility for security and transaction outcomes. Continuous enhancements and new features will be introduced under these Terms, with any additional requirements clearly communicated in-app or via the Site.

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8. Fees and Charges

8.1 Network Fees

  • You are solely responsible for all blockchain network (“gas”) fees required to process any on-chain transaction initiated through the Services. These fees are set by the Solana network and paid directly to validators; Velto does not control, collect, or rebate these fees.

8.2 Service Fees

  • Swap Fee: Velto may apply a fee (the “Swap Fee”) on each token swap executed through the Services. The Swap Fee rate, expressed as a percentage of the transaction amount, will be clearly disclosed in the swap confirmation screen prior to execution.
  • Other Service Fees: Velto may introduce additional fees in the future for new features or premium services (e.g., staking facilitation, cross-chain swaps, NFT marketplace access). Any such fees will be:
    – Identified as a distinct line item in the relevant interface.
    – Displayed to you for acceptance before you incur the fee.

8.3 Third-Party Fees and Charges

  • DEX or Market Maker Fees: Certain swaps may occur via third-party decentralized exchanges or professional Market Makers that charge their own execution or liquidity fees. These fees are deducted from the transaction by the third party and are beyond Velto’s control. Where possible, Velto will display an estimate of such fees prior to transaction confirmation.
  • App Store and Payment Processor Fees: For any digital goods or subscription services purchased through the iOS or Android apps (if and when offered), applicable platform fees and VAT/GST/sales tax will be added at checkout as required by Apple’s App Store or Google Play policies.

8.4 Fee Calculation and Settlement

  • Calculation: All Velto service fees are calculated based on the gross amount of the swap or service provided, excluding network fees.
  • Settlement: Fees are automatically deducted from the transaction proceeds at the time of execution. For non-swap fees (e.g., subscription or mapping fees), Velto will charge the payment method you’ve provided in your Account or via the App Store/Play Store.

8.5 Fee Changes and Notifications

  • Fee Changes: Velto may revise its fee schedule at any time. Material changes to fee rates or structures will be identified as a “Material Update” and communicated at least 30 days in advance via email, in-app banner, and updated fee schedule posted at https://velto.com/fees.
  • Your Acceptance: Continued use of affected Services after the effective date of any fee change constitutes your acceptance of the revised fees. If you do not agree, you must cease use of the relevant Service before the effective date.

8.6 Refunds and Disputes

  • Network Fees: Because network fees are paid to blockchain validators, they are non-refundable.
  • Service Fees: Velto may, in its sole discretion, offer refunds for Service Fees in the event of technical errors or system malfunctions.
  • Disputes: To dispute a fee charge, contact support@velto.com within 60 days of the transaction date and provide supporting details. Velto will investigate and respond within 15 business days.

8.7 No Hidden Fees
Velto commits to transparency. There are no hidden, inactivity, or maintenance fees. All applicable fees and charges will be disclosed within the Services or related documentation before you incur them.

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9. Risk Disclosure

You acknowledge and agree that:

9.1 Transactions involving Digital Assets are inherently volatile and carry a high degree of financial risk, including complete loss of value.

9.2 Transactions on blockchain networks are irreversible once broadcast.

9.3  Velto does not control or have access to your private keys and cannot recover lost Digital Assets or credentials;

9.4  The value of Digital Assets may be affected by regulatory changes, forks, attacks, or market conditions beyond Velto’s control; and

9.5  You assume full responsibility for all transaction decisions and outcomes.

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10. Warranty Disclaimers

10.1 “As-Is” and “As-Available” Basis
THE SERVICES, INCLUDING WITHOUT LIMITATION THE WEBSITE, MOBILE APPLICATIONS, SW FUNCTIONALITY, PRICE FEEDS, TRENDING TOKENS, AND ANY OTHER FEATURES PROVIDED BY VELTO ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT REPRESENTATIONS OR WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING ANY WARRANTY THAT (A) THE SERVICES WILL BE UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE; (B) ANY INFORMATION, CONTENT, OR MATERIALS PROVIDED THROUGH THE SERVICES ARE ACCURATE, COMPLETE, OR CURRENT; OR (C) THAT DEFECTS WILL BE CORRECTED.

10.2 Disclaimed Warranties
TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, VELTO EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION:
a. WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT;
b. WARRANTIES ARISING OUT OF COURSE OF DEALING, USAGE, OR TRADE;
c. WARRANTIES THAT THE SERVICES WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS, OR THAT ANY THIRD-PARTY SERVICES, MARKET MAKERS, DEX AGGREGATORS, OR PRICE-FEED PROVIDERS INTEGRATED INTO THE SERVICES WILL PERFORM IN ANY PARTICULAR MANNER.

10.3 Technology and Third-Party Dependencies
YOU ACKNOWLEDGE THAT THE SERVICES RELY ON EMERGING AND THIRD-PARTY TECHNOLOGIES—INCLUDING THE SOLANA BLOCKCHAIN, OR OTHER SUPPORTED NETWORKS, DECENTRALIZED EXCHANGES, MARKET MAKERS, PRICE FEEDS, AND THIRD-PARTY ANALYTICS PROVIDERS—WHICH MAY EXPERIENCE OUTAGES, DELAYS, OR SECURITY VULNERABILITIES. VELTO MAKES NO WARRANTIES REGARDING THE AVAILABILITY, PERFORMANCE, OR SECURITY OF THESE THIRD-PARTY SERVICES, NOR DOES VELTO WARRANT THAT TRANSACTIONS WILL BE SUCCESSFULLY BROADCAST, MINED, OR SETTLED.

9.4 Limited Duration of Implied Warranties
TO THE EXTENT ANY IMPLIED WARRANTY CANNOT BE DISCLAIMED, ITS DURATION IS LIMITED TO THE LONGER OF (A) THIRTY (30) DAYS FROM THE DATE YOU FIRST USE THE AFFECTED SERVICE, OR (B) THE SHORTEST PERIOD REQUIRED BY APPLICABLE LAW. SOME JURISDICTIONS DO NOT ALLOW LIMITATIONS ON HOW LONG AN IMPLIED WARRANTY LASTS, SO THIS LIMITATION MAY NOT APPLY TO YOU.

10.5 No Professional or Investment Advice
ALL CONTENT AND INFORMATION PROVIDED IN OR THROUGH THE SERVICES—INCLUDING MARKET MAKER QUOTES, PRICE FEEDS, SWAP SETTINGS, AND ANALYTICS—ARE FOR GENERAL INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE LEGAL, TAX, INVESTMENT, OR FINANCIAL ADVICE. VELTO IS NOT A FIDUCIARY, BROKER, OR ADVISOR, AND YOU SHOULD SEEK INDEPENDENT PROFESSIONAL ADVICE BEFORE MAKING ANY DECISIONS BASED ON SUCH INFORMATION.

10.6 No Reliance; Release of Claims
YOU AGREE THAT YOU WILL NOT RELY ON ANY WARRANTIES NOT EXPRESSLY PROVIDED IN THESE TERMS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU RELEASE VELTO AND ITS AFFILIATES FROM ALL CLAIMS, LIABILITIES, AND DAMAGES ARISING FROM OR RELATED TO ANY DEFECTS OR FAILURES IN THE SERVICES, INCLUDING LOSS OF PROFITS, DATA, OR DIGITAL ASSETS

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11. Indemnification

You agree to defend, indemnify, and hold harmless Velto and its parents, affiliates, subsidiaries, officers, directors, employees, agents licensors, and service providers (collectively, the “Velto Indemnitees”) from and against any and all claims, demands, actions, suits, proceedings, liabilities, losses, damages, fines, penalties, costs, and expenses (including reasonable attorneys’ fees and court costs) (collectively, “Losses”) arising out of or relating to:

  • Your use of or access to the Services, including your interaction with any functionality (e.g., Swap, Price Feed, Trending Tokens) or Third-Party Services accessed through the Services;
  • Your breach or alleged breach of these Terms or any supplemental terms you agree to in connection with specific features;
  • Your violation of any applicable law, rule, or regulation, or the rights of any third party (including intellectual property, publicity, or privacy rights);
  • Any User Content you submit, post, or transmit through the Services;
  • Any negligent or willful misconduct by you in connection with your use of the Services; or
  • Your failure to pay any fees or network charges owed in connection with transactions you initiate through the Services.

11.1 Defense and Cooperation
a. Velto Indemnitees may, at their election and expense, assume the exclusive defense and control of any matter subject to indemnification by you, in which case you will cooperate fully with Velto’s choice of counsel and strategy.
b. You may not settle any claim on behalf of a Velto Indemnitee without Velto’s prior written consent, which will not be unreasonably withheld.

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11.2 Procedure
a. To seek indemnification, a Velto Indemnitee must promptly notify you in writing of the claim. Failure to timely notify you does not relieve your indemnification obligations except to the extent actual prejudice results from the delay.
b. You will have the right to control the defense and settlement of such claim, provided you diligently prosecute the defense and do not agree to any settlement that imposes any obligation on Velto Indemnitees without their prior written consent.

11.3 Survival
Section 10 survives the termination or expiration of these Terms and your cessation of access to or use of the Services

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12. Limitation of Liability

12.1 No Consequential Damages
To the fullest extent permitted by law, neither Velto nor its parents, affiliates, officers, directors,, agents or service providers (collectively, the “Velto Parties”) shall be liable for any indirect, incidental, special, exemplary, punitive or consequential damages, including but not limited to lost profits, lost savings, loss of data or loss of goodwill, arising out of or in connection with these Terms or your access to or use of the Services, even if Velto has been advised of the possibility of such damages.

12..2 Cap on Liability
Except for liability arising from Velto’s gross negligence, fraud or willful misconduct, and except as otherwise provided by mandatory law, the aggregate liability of Velto Parties for all claims arising out of or relating to these Terms or the Services, regardless of the form of action, shall not exceed the lesser of either (a) USD 100 or (b) the total Swap Fees actually paid by you to Velto in the twelve (12) months immediately preceding the event giving rise to liability.

12.3 Excluded Damages
The foregoing limitations apply even if any limited remedy fails of its essential purpose. Notwithstanding the foregoing, nothing in these Terms shall limit or exclude any liability that cannot be limited or excluded under applicable law, including liability for:
a. death or personal injury caused by Velto’s negligence;
b. fraud or fraudulent misrepresentation; or
c. any other liability that cannot be lawfully limited or excluded.

12.4 Third-Party Services
Velto is not responsible for the availability, performance, security or reliability of any Third-Party Services (including DEXs, Market Makers, price-feed oracles, analytics providers, or app stores) or for any content, products or services provided by third parties. Under no circumstances will Velto be liable for any losses arising from your use of or reliance on any Third-Party Services.

12.5 Basis of the Bargain
You acknowledge and agree that the disclaimers and limitations of liability set forth above form an essential basis of the bargain between you and Velto, that Velto would not be able to provide the Services on an economic basis without such disclaimers and limitations, and that they shall survive and apply even if any limited remedy fails of its essential purpose.

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13. Incorrect Data Clause

13.1 No Guarantee of Accuracy
All information, data, metrics, prices, rates, quotes, charts, analyses, or other content (“Data”) through the Services—including but not limited to Token Price Feeds, Trending Tokens, Portfolio Overview, and third-party APIs—is for informational purposes only and is provided on an “as is” and “as available” basis. Velto does not warrant or guarantee the accuracy, completeness, timeliness, reliability, suitability, or correctness of any Data.

13.2 Estimates and Delays
Data may be subject to delays, outages, or inaccuracies due to network congestion, third-party service disruptions, data-source errors, caching, or other technical limitations. You understand and agree that:
a. Token prices and swap rates are estimates only; actual execution prices may differ.
b. Volume, slippage, and liquidity metrics may change rapidly and without notice.
c. Historical or real-time charting and analytics may not reflect the most current on-chain state.

13.3 No Liability for Data Errors
To the fullest extent permitted by applicable law, Velto and its affiliates, officers, directors, employees, agents, licensors, and service providers (collectively, “Velto Parties”) shall not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from or relating to your reliance on, or use of, inaccurate, incomplete, delayed, or faulty Data, even if advised of the possibility of such damages.

13.4 Your Responsibility to Verify
You acknowledge that you are solely responsible for verifying any Data before making decisions or taking actions based on it. You should consult independent sources, official blockchain explorers, or professional advisors as appropriate.

13.5 Third-Party Data Providers
Where the Services rely on Data obtained from third parties (e.g., price oracles, DEX aggregators, analytics platforms), Velto does not control, endorse, or guarantee the performance or accuracy of those third-party services. Any Data discrepancies or interruptions caused by such providers are beyond Velto’s control.

13.6 Your Assumption of Risk
You expressly assume all risk associated with the accuracy and use of Data. You acknowledge that Velto does not act as an advisor, and that this Section 12 is a material part of the bargain between you and Velto, without which Velto would not provide the Data features of the Services.

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14. No Advice

14.1 Informational Purposes Only
All information, content, materials, and support provided through the Services—including market data, price feeds, swap quotes, Tokens, analytical tools, blog posts, FAQs, and in-app or email support—are provided solely for general informational purposes. Nothing in the Services or these Terms constitutes legal, tax, investment, financial, or professional advice, recommendation, or solicitation to buy, sell, hold, or use any Digital Assets or third-party products or services.

14.2 No Fiduciary Duty
Velto is not your fiduciary, broker, dealer, agent, or advisor. You retain full responsibility for all investment, tax, legal, and other decisions and actions you take in connection with the Services or based on any information obtained through the Services.

14.3 Third-Party Opinions
Opinions, commentary, or content delivered by third-party providers (including Market Makers, DEX aggregators, analytics platforms, and news feeds) represent the views of those parties—Velto makes no representations or warranties as to their accuracy, completeness, or suitability, and you assume all risk in relying on them.

14.4 Consult Your Professionals
You should consult with your own professional advisers regarding your particular circumstances before making any decisions based on information obtained through the Services. Velto expressly disclaims any liability arising from your reliance on or use of information from the Services for any purpose.

14.5 No Tax Advice
Velto does not provide tax advice or prepare tax filings. Any tax-related content (e.g., transaction records, portfolio snapshots, exportable reports) is provided “as is” for your convenience. You should consult a qualified tax professional regarding your tax obligations and reporting requirements in your jurisdiction

14.6 No Token Issuance or Financial Instrument

The Services do not involve the issuance, offer, or sale of any tokens, securities, or financial instruments by Velto. Any reference to tokens or digital assets relates solely to third-party blockchain assets that you may choose to interact with via the Services.

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15. Other Disclaimers; Release of Claims

15.1 Additional Disclaimers
Except as expressly set forth in these Terms, Velto disclaims all other warranties, representations, guarantees, whether express or implied, including but not limited to:
a. Any warranty that use of the Services will be uninterrupted, error-free, secure, or free of harmful components;
b. Any warranty that the Services will meet your specific requirements or expectations;
c. Any implied warranties of merchantability, fitness for a particular purpose, title, or non-infringement.

15.2 No Liability for Third-Party Actions
Velto shall not be liable for any acts or omissions of any third-party service providers, including but not limited to market makers, decentralized exchanges, or data-feed providers, even if Velto has selected or recommended such third parties.

15.3 Release of Claims
To the fullest extent permitted by applicable law, you fully release and discharge Velto and the Velto Parties from any and all claims, demands, causes of action, liabilities, or damages (including reasonable attorneys’ fees and costs) arising out of or related to:
a. Your access to or use of the Services;
b. Any errors, omissions, or inaccuracies in any Content or Data;
c. Any Third-Party Services or integrations accessed through the Services;
d. Any transaction failures, delays, or network issues; or
e. Any breach or alleged breach of these Terms by any user.

15.4 Waiver of Class Actions
You and Velto agree that any dispute or claim arising out of or relating to these Terms or the Services shall be resolved on an individual basis. You waive, to the fullest extent permitted by law, the right to participate in any purported class, collective, or representative action.

15.5 Survival
The disclaimers and releases in this Section 14, together with Sections 9 (Warranty Disclaimers), 10 (Indemnification), 11 (Limitation of Liability), and 12 (Incorrect Data Clause), shall survive the termination or expiration of these Terms and your cessation of access to or use of the Services.

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16. Customer Data, Account Management, and Compliance

16.1 Collection and Use of Information

You consent to the collection, use, and retention of information by Velto Technologies Ltd or its service providers for the purpose of providing the Services, maintaining your account, and ensuring the security and integrity of the Services. We may retain records of your activity, transactional data, and communications for as long as reasonably necessary for these purposes or as required by applicable law.

16.2 Cooperation with Authorities

You acknowledge that Velto Technologies Ltd may, at its discretion, disclose information or records relating to your account or transactions to law-enforcement agencies, regulators, or other governmental authorities if required by law or in response to valid legal requests. Velto Technologies Ltd may also suspend or terminate your account if it reasonably suspects fraudulent, illegal, or prohibited activity, or to protect the security of the Services.

16.3 Export Controls and Technology Transfers

The Software, services, and any underlying technology delivered through the Services may be subject to U.S. and international export-control and economic-sanctions laws. You agree not to export, re-export, or transfer any portion of the Services or related technology to jurisdictions, persons, or entities prohibited by such laws.

16.4 Survival

The obligations in this Section 15 survive termination or expiration of these Terms and your cessation of access to or use of the Services, to the extent necessary to maintain records, comply with legal obligations, or protect Velto Technologies Ltd’s rights.

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17. Promotions, Giveaways, and Events

Velto may, from time to time, offer Promos, Giveaways, Sweepstakes, Contests, Airdrops, Referral Programs, other promotional Events (collectively, “Promotions”). Any Participation in Promotions is subject to these Terms and, where applicable, supplemental Promotion Rules (the “Promotion Rules”). In the event of any conflict, the Promotion Rules govern for that Promotion.

17.1 Definitions
“Event Period” means the start and end dates/times for a Promotion, as specified in the Promotion Rules.
“Entry” means a valid submission or opt-in by a User in accordance with the Promotion Rules.
“Winner” means a User selected or determined under the Promotion Rules to receive a Prize.
“Prize” means the reward, benefit, or consideration awarded to Winners as described in the Promotion Rules.

17.2 Eligibility
(a) Unless otherwise specified, participants must be at least 18 years old (or age of majority in their jurisdiction, if higher), have a valid Velto Wallet (web or mobile), and not be employees, officers, directors, or contractors of Velto or its affiliates.
(b) Certain Promotions may exclude Users in specific jurisdictions or those subject to trade sanctions, as detailed in the Promotion Rules.
(c) Velto reserves the right to verify eligibility and to disqualify any Entry that is incomplete, fraudulent, or in violation of these Terms or applicable law.

17.3 Entry and Participation
(a) Entry methods (e.g., opt-in email form, social-media engagement, in-app action) and any limits on Entries per User will be specified in the Promotion Rules.
(b) No purchase or payment is required to enter or win, unless expressly stated and permitted by law; any purchase will not improve odds of winning.
(c) Entries must be received within the Event Period. Late, incomplete, or non-compliant Entries are void.

17.4 Prizes and Awards
(a) Prize type, quantity, estimated retail value, and method of delivery will be described in the Promotion Rules.
(b) Prizes are non-transferable, have no cash redemption value, and may not be substituted except that Velto may, in its sole discretion, award a prize of equal or greater value.
(c) Winners are responsible for any taxes or fees associated with Prize receipt or use.

17.5 Winner Selection and Notification
(a) Winners will be selected and notified according to the Promotion Rules—e.g., random drawing, skill-based judging, leaderboard ranking.
(b) Winners must respond within the time frame specified in the Promotion Rules or forfeit the Prize, which may then be awarded to an alternate Winner.

17.6 Conditions, Cancellation, and Modifications
(a) Velto reserves the right to cancel, suspend, modify, or terminate any Promotion, in whole or in part, at any time for any reason, including fraud, technical failures, or force majeure events, without liability to Users.
(b) Velto is not responsible for lost, misdirected, delayed, or incomplete Entries, or any inability to participate due to technical or human error.

17.7 Release and Limitations of Liability
(a) By participating, Users release Velto and its officers, directors, employees, agents, and affiliates from any and all liability arising from or related to participation in a Promotion or acceptance, use, or misuse of any Prize.
(b) Velto disclaims all liability for errors or failures in the administration of Promotions, including technical malfunctions, data corruption, or unauthorized human intervention.

17.8 Publicity
Except where prohibited by law, Winners grant Velto a perpetual, worldwide, royalty-free license to use their name, likeness, voice, biographical information, Entry content, and/or statements in connection with Promotion marketing and publicity, without further compensation.

17.9 Compliance with Laws
Promotions are governed by applicable federal, state, and local laws. Void where prohibited. All disputes related to a Promotion shall be resolved pursuant to the Dispute Resolution provisions of these Terms.

16.10 Promotional Data Processing
Data collected in connection with a Promotion (e.g., email address, wallet address, Entry content) will be processed in accordance with the Privacy Policy. Velto may share such data with service providers for Promotion administration and with legal authorities if required by law.

18. Governing Law and Dispute Resolution

18.1 Governing Law
These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict-of-law principles.

18.2 Dispute Resolution; Arbitration
Any dispute, controversy, or claim arising out of or relating to these Terms, the Services, or any alleged breach thereof shall be finally resolved by binding arbitration under the BVI Arbitration Act, 2013 (as amended). The seat of arbitration shall be Road Town, Tortola, British Virgin Islands. The arbitration shall be conducted in English before a single arbitrator appointed in accordance with the Act.

18.3 Informal Resolution First
Before commencing arbitration, you agree to first contact Velto at privacy@velto.com to attempt to resolve the dispute informally.

18.4 Injunctive Relief
Nothing in this clause prevents either party from seeking urgent injunctive or equitable relief in the courts of the British Virgin Islands.

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