Terms & Conditions
These General Terms and Conditions, any documents to which is a link provided herein and any policies (referred to as “Terms” or “Terms and Conditions” hereinafter) apply to all Services through the SG-1 Validators (ToschDev) Website www.sg-1.online and all of its subdomains as well as other Services provided and/or domains registered by Toschdev & SG-1. You hereby confirm that you are able to speak and understand the English language and accept these Terms and Conditions in the English language.
Please read these Terms and Conditions carefully before using any of the SG-1 Validators Services or the SG-1 Validators Websites or subdomains. By using any of Our Services and/or Our Website You state that You have read, understood and accepted these Terms.
The terms “We”, “Us”, “Our”, “SG-1” and “SG-1 Validators” shall refer to the company Toschdev hereinafter.
The terms “Our Website”, “Website”, “SG-1 Validators Website” and “sg-1.online” refers to the website www.sg-1.online and all of its subdomains as well as any other domains registered by Toschdev.
The terms “Service”, “Services”, “Our Service” and “Our Services” refer to all services provided by SG-1 Validators including but not limited to Our Website, Our subdomains, Our infrastructure services, Our bots, Our code, Our information, Our marketing material, etc.
The terms “You”, “Your”, “Customer” and “User” refer to the identified or identifiable natural person using all or parts of Our Services or Our Website.
The term “Staking” or “Delegating” refers to the action of locking a certain amount of Cryptocurrencies with a Validator (for a certain amount of time) in order to economically secure the Blockchain network.
The term “Stake” or “Delegation” refers to the amount of Staked or Delegated Cryptocurrencies.
The term “Staker” or “Delegator” refers to the entity which is Staking or Delegating.
The term “Blockchain” refers to a digital, shared, immutable ledger that is distributed over multiple independent clients and facilitates the process of recording transactions and tracking assets in a network.
The term “Validator” refers to nodes that contribute to the consensus of a Blockchain. Validators are randomly selected to propose a block and require a certain amount of Staked assets to be eligible to contribute to a Blockchain network.
The term “IBC-Relayer” or “Relayer” refers to an entity or process that actively engages in relaying cross-blockchain information between different Blockchain networks.
The term “Cryptocurrency” refers to a digital currency and/or digital tokens which are calculated by a Blockchain network based on cryptographic proofs.
The term “Reward” refers to the return of investment of a specific Cryptocurrency which Stakers who are eligible receive for Staking or Delegating that Cryptocurrency to a Validator. Rewards are never paid out by the Validator, but rather by the Blockchain’s distribution module.
The term “Slashing” refers to the punishment in form of deducted and annihilated percentage of Delegated Cryptocurrencies, in case a Validator becomes inactive or misbehaves according to the ruleset of Byzantine Fault Tolerance.
The term “Jailing” refers to the action of removing a Validator from the set of active Validators of a Blockchain network due to downtime or misbehaviour in terms of the Blockchain ruleset. Jailing is always carried out by the Blockchain itself, which monitors Validator liveliness and behaviour. A Jailed Valiadator does not accrue any Staking Rewards.
The term “Governance” refers to an on-chain process which allows Stakers or Delegators to govern a Blockchain network and meet proposed decisions on protocol-level. The respective voting power of a Delegator correlates to the ratio of Delegated Cryptocurrencies. Validators are eligible to vote with their full Delegated voting power.
The term “Governance Proposal” or “Proposal” refers to an on-chain proposal which uses a respective on-chain Governance module. Within a defined voting period Validators as well as Stakers or Delegators can actively vote for or against a proposed change.
The term “Unbonding” or “Undelegating” refers to the action of releasing Cryptocurrencies from a locked state with the Validator as a Stake.
The term “Unbonding Time” refers to the time Cryptocurrencies stay locked with the Validator after the Customer has Undelegated (“Unbonded”) his Cryptocurrencies until they are no longer locked. The Unbonding Time is determined by the specific Blockchain’s ruleset.
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Company headquarters: 47057 Duisburg, Bismarckstr 142, DE
We reserve the right to amend the Terms at any time without further notice, these changes will be effective from the publication of the new Terms on the SG-1 Validators Website. When You use Our Services and/or Our Website, the contract between You and Us will be subject to the current version of these Terms as published on Our Website. If these Terms are not available on Our Website for any reason, the last published version of these Terms shall apply.
2. Services & Website
2.1. Blockchain Validation
SG-1 Validators provide, operate and maintain Validator Nodes in the form of hardware and software to contribute to the security of selected Blockchains. We may give the Customer the option to Stake their Cryptocurrencies with Our Validator nodes on certain Blockchains. For Staking Cryptocurrencies Users are eligible to receive a certain amount of Staking Rewards. Rewards are never paid by the Validator, but by the respective Blockchain distribution module. SG-1 Validators may deduct a certain amount of commission from accrued Rewards as a charge for their Services. The commission rate can be changed by SG-1 Validators at any time without further notice. Rewards may fluctuate to a great extent and frequency as they directly depend on several factors including but not limited to the amount of Staked Cryptocurrencies on the network.
2.1.2. Unbonding Time
Delegated Cryptocurrencies may inherit a certain Unbonding Time given by the specific set of rules of the specific Blockchain. We want to call attention to the fact that during the Unbonding Time (which is set to different time frames by different Blockchains), Users will not be able to use, send or sell their Cryptocurrencies. SG-1 Validators have no influence over these Unbonding Times and shall not be held responsible for any losses, or other issues caused by the Customer Unbonding their Cryptocurrencies.
2.1.3. Slashing Risk
SG-1 Validators always work with the intention of doing their best in their operations and for their Customers. Nevertheless, there is always a minimal risk of Slashing. Slashing occurs if a Validator’s hardware or software inherits sudden errors and the operations are shut down unexpectedly and without further actions of the Validator. After a certain amount of time (“Slashing Window”) the Validator gets Jailed (which means that the Validator is inactive) and a certain amount of the Delegated Cryptocurrencies will be Slashed. Furthermore no more Rewards will be paid to Delegators of the Slashed Validator (as long as the Validator is inactive). The Slashing fraction depends on the certain Blockchain ruleset; “Slashed” percentages of the Delegated Stakes are not revocable and will not be refunded by SG-1 Validators if any Slashing occurs. To minimise the risk of Slashing SG-1 Validators facilitate multiple fallback levels, sophisticated monitoring and incident response systems. SG-1 Validators shall not be held liable for double signing, being Jailed, inactiveness or the occurrence of Slashing in any form. The risk hereby lies with the Customer in choosing the Validator of their trust for Delegating their Cryptocurrencies.
2.1.4. Governance Decisions
A Validator can vote with their full pool of Delegations (Voting Power) on any Governance Proposal on a Blockchain. SG-1 Validators are dedicated to research and discuss each Governance Proposal to meet a decision in the best interest of their Delegators. If a Delegator is not aligned with the decision of their Validator on a certain Proposal, they can override the vote of the Validator by voting by themself. SG-1 Validators shall not be held responsible for any voting decision or outcome of any Proposal on any Blockchain. The Governance vote of the Customer solely lies in their responsibility. Voting on behalf of Delegators is merely a service provided by SG-1 Validators and can be overruled by the Customer at any time. While frequent and active Governance participation is one of Our key visions, SG-1 Validators are not obligated to vote on any Proposal and cannot be held responsible for not voting.
2.2. IBC Relaying
SG-1 Validators provide the hardware and software to relay IBC (Internet of Blockchains) transactions. IBC transactions are transactions of data packets that are facilitated by Relayers connecting specific Blockchains via inter-blockchain communication channels. SG-1 Validators maintain and manage some of these IBC channels. An IBC transaction will automatically be fulfilled by the fastest operator, SG-1 Validators therefore have limited power over which transactions will be relayed by Our Relayer and which will not. SG-1 Validators may charge a transaction fee from the Customer for processing IBC transactions. SG-1 Validators shall not be held responsible for any IBC transactions that might be faulty, might not be facilitated or might not be executed and will not refund any losses or damages caused by IBC transactions.
2.3. Infrastructure Services
We offer access to various data exchange interfaces (like RPC, LCD, REST-API, gRPC or JSON-HTTP endpoints) which may record Your IP address, store it (for up to a year) and analyse it to maintain effectiveness of those systems. These Services have to be called via dedicated and explicit subdomains of Our Website.
Data exchange interfaces are only meant to be used by experienced Customers with a background of coding knowledge. By using these Services You agree on having Your IP address data stored for above stated purposes. If You dissent in having Your IP address stored and would like Us to delete Your IP address please contact Our Customer support at email@example.com
SG-1 Validators shall not be held liable for incorrect information, corrupted or false data exhibited, processed or used on the Infrastructure Services or any other losses of funds, losses of revenues, losses of Rewards or delays etc. caused by all or parts of Our Website, Our Services or Our contents. The illegal use or use with malicious intent of SG-1 Infrastructure and/or Services is strictly prohibited.
2.4. Website & Services
SG-1 Validators may provide outgoing links to third party websites on their website, including but not limited to various social media platforms such as www.instagram.com/; www.facebook.com/; www.google.com/; www.twitter.com/; www.youtube.com/, www.reddit.com/, www.tiktok.com/ , www.github.com/ , www.medium.com/ and https://telegram.org/ .
You may need to accept the specific terms and conditions as well as the privacy policies of the linked third party websites in order to use their content on Our Website or if You visit those websites through a link provided on ccvalidators.com. We do not have control over or responsibility for the content, policies, terms and conditions etc of those third party websites.
We have a dedicated support team which You can contact anytime by email via firstname.lastname@example.org, email@example.com. We will answer every legitimate email as soon as We can. We reserve the right to not answer any emails which seemingly contain spam, phishing, financial advice, harmful or other dubious content.
SG-1 Validators cannot warrant any availability of Our Website or Our Services at any time. We may have to update, monitor, redesign or modify etc. parts or all of Our Website and/or Our Services. Furthermore You accept that SG-1 Validators shall not be held liable for any losses, damages or inconveniences due to the unavailability of all or parts of Our Website or Our Services. SG-1 Validators reserves the right to modify or cancel all Our Services and/or shut down Our operations completely at any time without further notice or reasoning and without being held liable for any damages, losses or inconveniences resulting from it. We are not obliged to provide any updates, releases or corrections of Our existing content, Website, Services or other.
Any information provided on Our Website, through Our social media profiles (or channels) or by Our Services shall never be understood as financial advice. You and You only are responsible for the financial choices You make. SG-1 Validators cannot be held responsible for any purchases or losses made by the Customer.
SG-1 Validators cannot be held liable for the accuracy of any information provided on social media posts, posts on third-party websites, as guest appearance in third-party events online or via direct communication or marketing material such as graphics, videos, flyers, folders, posters, stickers, etc.
SG-1 Validators, their affiliates and their employees cannot be held liable for any damages, claims or losses resulting from You accessing Our Website and/or Our Services or any other issues related to all or parts of the offered Services, Website or content provided by SG-1 Validators at any time.
SG-1 Validators may provide links to third-party websites or content. SG-1 Validators cannot be held responsible for any content or services provided on those third-party websites. Furthermore SG-1 Validatros cannot be held liable for any losses caused directly or indirectly by contents or services available on those third-party websites.
3. Obligations of the Customer
By using Our Website and/or any of Our Services, You agree to take the following actions and agree to carry any liability, responsibility and accountability as described hereafter.
You hereby confirm that You are legally allowed to use Our Services by law or regulation in Your country of jurisdiction and that Your usage does not subject Us to any registration requirement within Your country or jurisdiction. By using Our Services and/or Our Website You are solely responsible for compliance with local laws. You agree that You will not use any of Our Services, Our Website, Our software or Our hardware for any illegal, unauthorised or malicious purposes. You agree that You comply with Our Terms and Conditions and confirm that this agreement will not breach or violate any other agreement or contract You are currently in. By using Our Services and/or Our Website You warrant that You are not subject to any list of economic sanctions, any trade embargo or other trade restrictions or prohibitions.
You and You only are responsible for paying taxes for Your Cryptocurrencies, Your Staked Cryptocurrencies, Your claimed Staking Rewards as well as Your earnings from Cryptocurrencies and the custody of Your Cryptocurrencies according to the applicable local and national laws Sof Your country of jurisdiction.
It is solely Your decision if and how many of Your Cryptocurrencies as well as how much of Your Cryptocurrency will be Staked with SG-1 Validators. You and only You are in full control of the ways You use Your Cryptocurrencies as well as where, how and if You decide to use a Staking Service or any other Service provided by SG-1 Validators.You take full responsibility for taking care and adjusting Your actions in case operations or Services change or any events occur including but not limited to Slashing, downtime of the Validator Nodes, current unavailability of Services, change of Commission, extreme fluctuation of Rewards, halted Blockchains, etc.
3.2. IBC Transactions
You and You only are responsible for Your correct use of Your IBC transactions. SG-1 Validators will not be held liable for or refund any IBC transactions. SG-1 Validators will also not be held liable for duration and speed of transactions, availability of Service or other issues concerning the offered IBC Services by SG-1 Validators. You consent to SG-1 Validators charging a transaction fee for IBC transactions if SG-1 Validators implement said fees as default. It lies at Your sole discretion as to whether and how many of Your Cryptocurrencies as well as how much of Your Cryptocurrency You decide to transfer via IBC Relaying.
3.3. Infrastructure Services
By using any or part of any of Our offered Infrastructure Services You acknowledge that SG-1 Validators cannot be held responsible for displaying, processing or using incorrect data in any way. As downtime or liveliness issues of various IT infrastructure can happen at any given time, SG-1 Validators will not be held responsible for any losses or damages related to unexpected behaviour of such Services. You confirm that You will not use SG-1 infrastructure Services for any illegal purposes or with malicious intent.
3.4. Prohibited Actions
You hereby confirm that You will not disrupt, interfere with, access without authority or damage any part of Our Services and/or Our Website, any hardware and/or software and/or network and/or equipment used in the provision of Our Services and/or Our Website or any hardware and/or software and/or network and/or equipment used or owned by any third party. You agree that You will not take any steps to harm Our ability to provide Our Services, Our systems and/or Our operations in any form.
Any unauthorised attempt at compromising Our hardware and/or Our software or any other action inhibiting or altering the functionality of Our technical equipment, Our Services, Our code, Our hardware or Our software including but not limited to attempting to access or using Our private keys unauthorised, distributed denial-of-service attacks (DDos) and malware attacks is strictly prohibited and considered a violation of these Terms and Conditions.
You also confirm that You will not spread any misinformation regarding Our company, Our employees, Our Services, Our Website and/or Our operations.
3.5. General Risks
You hereby acknowledge that any usage of Blockchains, Cryptocurrencies and services related to Blockchains and Cryptocurrencies inherits general risks and limitations such as malicious attacks, falsely addressed transactions, scams, hacks, phishing, vulnerable coding, badly designed systems and highly experimental software etc. Any usage of Blockchains, Cryptocurrencies and services related to Blockchains and Cryptocurrencies by a Customer takes place at their own risk. You acknowledge that SG-1 Validators cannot be held liable for any losses or damages caused by financial decisions by the Customer, malfunctioning of Services, malfunctioning of hardware or software, third party services, malfunctioning of Blockchain networks, accidental double signing, Slashing, vulnerable coding, human error, scams, malicious attacks or badly designed systems.
4. Intellectual Property
4.1. Our Contents
All contents displayed or used on Our Website, Our Services and/or published via social media platforms as well as third-party websites or services including but not limited to Our graphics, texts, logos, videos, gifs, website designs, audio, code and software are protected by copyright laws, may be protected by trademark laws and are owned by SG-1 Validators. Provided that You have gained authorised access, You may use the content or parts of the content of Our Website and Services for personal, non-commercial use only unless otherwise stated by Us. Without explicit written permission by Us it is strictly prohibited to copy, sell, reupload, translate, transmit, licence, post, reproduce or similarly handle any part of Our contents displayed or used on Our Website, Our Services and/or Our content published via social media platforms as well as Our content published on third party websites or services including but not limited to graphics, texts, logos, videos, gifs, website designs, audio, code and software etc.
4.2. Customer Contents
You acknowledge and agree that all contents including but not limited to texts and graphics (via email, personal messages, comments, phone calls, ideas etc.) submitted by You to Us shall become exclusively owned by Us including all intellectual property rights and can be unrestrictedly used by Us without compensation or referral to You. You hereby relinquish all rights to such content and guarantee that You have the right to the content You hand in to Us and that there shall be no liability concerning infringement or any type of claim against SG-1 Validators.
4.3. Software & Code
Without Our explicit written permission or explicit declaration in these Terms, it is strictly prohibited to copy, sell, reupload, translate, transmit, licence, post, reproduce or similarly handle any part of Our content, including but not limited to Our Services, Our Website, Our software and/or Our code. Any open-source code is governed by its specific associated licence. All contents are provided as they are and shall be used for informational and personal purposes only.
5. Other important terms
5.1. If any court or relevant authority decides that any paragraph of these Terms and Conditions is unlawful, the remaining paragraphs will remain in full force and will not affect the validity and enforceability of any remaining paragraph as each of the paragraphs of these Terms and Conditions operate separately.
5.2. Any affairs relating to Our Terms and Conditions, including but not limited to the execution, alteration, interpretation, resolution and validity of this agreement shall apply to the laws of the Republic of Austria.
5.3. We may transfer Our rights and obligations under these Terms and Conditions to another third party with whom We have a legal relationship with at any time.
5.4. Even if We do not insist on enforcing Our rights under these Terms and Conditions immediately, We can still enforce Our rights at a later date.
5.5. CryptoCrewValidators, their affiliates, their employees or any of their service providers shall not be held liable to You or any third party for any damages, losses or impairments of any kind, including but not limited to unavailability, discontinued service, malfunction of hardware or software, human errors, loss of business, loss of profits, loss of revenue, loss of data, corruption of data, double signing, Slashing, unclaimed Staking Rewards, missing Staking Rewards, missing funds, stuck transactions, failed transactions, inaccurate information, damages hardware or software (e.g. because of an earthquake or any other force majeure), incompatibility of systems or informations, breach of contract, personal damage, Governance votes, Governance Proposals, losses because of Unbonding Time, halted Blockchains, not reached consensus, Blockchains or smart contracts provided or used by third parties, Blockchains or smart contracts we offer complementary Services to (including but not limited to a Validator), etc.
5.6. SG-1 Validators are not responsible and shall not be held liable for any damages, losses or impairments of any kind caused by any Blockchain, network or smart contract that We offer complementary Services to, including, but not limited to a Validator, as We have no way of verifying any information provided by those third parties. You are solely responsible for your decisions and actions concerning these Blockchains, networks and smart contracts.