We are making some changes to both our Privacy Policy and Terms of Use.

These changes are effective October 17th, 2023.

Most of the changes are for increased transparency, clarity, and readability as described below: Please note this is just a summary, and should not be relied on. The Policy itself is the operative document and contains more detail.

Privacy policy changes include:

  • Interactions with N3TWORK can result in data being stored on a blockchain or traditional storage.
  • Digital asset transactions go on blockchain, while credit card data is in third-party cloud storage.
  • N3TWORK uses blockchain for greater transparency and user protection, but this means some data becomes public and unchangeable, impacting certain privacy rights.

Terms of use changes include:

  • Age restriction for blockchain technology: You acknowledge that certain Platforms using blockchain technology and digital assets prohibit access by anyone under the age of 18 and agree not to access such Platforms unless you are at least 18 years of age.
  • Third-Party Platform & Digital Assets: The third-party technology facilitates integration of blockchain-enabled functions with the company's products, including Digital Assets like fungible or non-fungible tokens (NFTs). These Digital Assets are mainly for entertainment purposes and their rules are determined by N3TWORK.
  • Dependence on BSP: Any changes to the company's relationship with the third-party service provider (BSP) could lead to users losing access to the platform, affecting their wallets and Digital Assets. BSP isn't responsible for any loss and isn't committed to upgrades.
  • Digital Asset Usage: Transferring Digital Assets is subject to product limitations and the BSP's terms and policies. The BSPs can make decisions that impact the value of Digital Assets without warning, and they won't provide support regarding the Digital Assets' value.
  • Taxes: Users are solely responsible for any taxes related to their use of the platform and its Digital Assets.
  • Platform Account: Users might need to register a platform account with BSP, which will be linked to their N3TWORK account. They are responsible for all activities on this account.
  • Final Sales: Due to the nature of blockchain, all sales are irreversible.
  • Platform Restrictions: Users are prohibited from certain actions, like reverse engineering the software, unauthorized commercial use, or any action that might compromise platform security or functionality.
  • Security: Users are responsible for maintaining security for their private keys and other access details.
  • Marketplace by N3TWORK: Decisions about the marketplace, including its design and Digital Asset offerings, lie solely with N3TWORK.
  • Wallet & Private Keys: The wallet, managed by a third-party (PSP), is associated with the user's N3TWORK account. All transaction signing is done by the BSP upon N3TWORK’s instructions.
  • Risks with Blockchain Systems: Users should be aware of the volatile nature of the crypto asset market, potential negative publicity, risks of hacking, regulatory challenges, and other inherent risks in blockchain systems.

You can review the complete, updated Privacy Policy here.

You can review the complete, updated Terms of Use here.

Copyright © 2023 N3TWORK, Inc.