Terms of Service

1. Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and New Internet Media ("NIM," "we," "us," or "our") regarding your use of the SempreID platform and related services (collectively, the "Services").

By accessing or using our Services, you agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Services.

2. Description of Services

SempreID is a blockchain-based identity platform that enables users to:

• Create non-transferable identity tokens (Soulbound NFTs) on the Ethereum blockchain
• Access various services within the NIM ecosystem using their SempreID
• Verify their identity across decentralized applications
• Manage their digital identity in a secure, decentralized manner

3. Eligibility

To use our Services, you must:

• Be at least 18 years of age or the legal age of majority in your jurisdiction
• Have the legal capacity to enter into binding agreements
• Not be prohibited from using the Services under applicable laws
• Have a compatible Ethereum wallet (e.g., MetaMask, Coinbase Wallet)

4. Account and Wallet Security

4.1 Wallet Responsibility

You are solely responsible for:

• Maintaining the security of your wallet private keys and seed phrases
• All activities that occur using your wallet
• Any losses resulting from unauthorized access to your wallet
• Ensuring your wallet software is up to date and secure

4.2 No Recovery Services

We do not have access to your wallet private keys and cannot recover lost wallets, passwords, or seed phrases. Loss of access to your wallet may result in permanent loss of your SempreID and any associated assets.

5. SempreID Token Terms

5.1 Non-Transferable Nature

SempreID tokens are soulbound, meaning they:

• Cannot be transferred to another wallet address
• Are permanently bound to the minting wallet
• Cannot be sold, traded, or given away
• Will be burned (destroyed) if you attempt to transfer them

5.2 Minting Fees

Minting a SempreID requires payment of:

• Network gas fees (paid to Ethereum validators)
• A platform fee of 15% above gas costs
• All fees are non-refundable once the transaction is initiated

5.3 One Token Per Wallet

Each wallet address may only mint one SempreID token. Attempts to mint additional tokens from the same wallet will be rejected.

6. Acceptable Use Policy

6.1 Prohibited Uses

You agree not to:

• Use the Services for any illegal or unauthorized purpose
• Violate any laws, regulations, or third-party rights
• Attempt to circumvent the non-transferable nature of SempreID tokens
• Create multiple identities using different wallets for fraudulent purposes
• Interfere with or disrupt the Services or servers
• Attempt to gain unauthorized access to any portion of the Services
• Use automated systems or software to extract data from the Services
• Impersonate any person or entity
• Engage in any activity that could damage our reputation

6.2 Compliance

You are responsible for ensuring your use of the Services complies with all applicable laws and regulations in your jurisdiction.

7. Intellectual Property

7.1 Our Rights

All content, features, and functionality of the Services, including but not limited to text, graphics, logos, and software, are owned by NIM or our licensors and are protected by intellectual property laws.

7.2 Your Rights

You retain ownership of your wallet address and any content you create. By minting a SempreID, you grant us a license to display your wallet address as part of the token metadata.

7.3 Restrictions

You may not copy, modify, distribute, sell, or lease any part of our Services without our prior written consent.

8. Third-Party Services

Our Services may integrate with or provide access to third-party services, including:

• Blockchain networks (Ethereum)
• Wallet providers
• Partner services within the NIM ecosystem
• Infrastructure providers

We are not responsible for the content, privacy policies, or practices of third-party services. Your use of such services is at your own risk and subject to their terms and conditions.

9. Disclaimers and Limitations

9.1 Service Availability

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND. We do not guarantee that the Services will be uninterrupted, error-free, or secure.

9.2 Blockchain Risks

You acknowledge and accept the risks associated with blockchain technology, including:

• Irreversibility of transactions
• Network congestion and high gas fees
• Smart contract vulnerabilities
• Regulatory uncertainty
• Technical failures or bugs

9.3 No Investment Advice

Nothing in the Services constitutes investment, financial, legal, or tax advice. SempreID tokens are utility tokens for identity verification and not intended as investments.

10. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, NIM AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO:

• Loss of profits, data, or use
• Wallet compromises or hacks
• Smart contract failures
• Network outages or congestion
• Unauthorized access to your account

IN NO EVENT SHALL OUR TOTAL LIABILITY EXCEED THE AMOUNT YOU PAID US IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE LIABILITY.

11. Indemnification

You agree to indemnify, defend, and hold harmless NIM and its affiliates from any claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from:

• Your use of the Services
• Your violation of these Terms
• Your violation of any rights of another party
• Your violation of any applicable laws or regulations

12. Dispute Resolution

12.1 Informal Resolution

We encourage you to contact us first to resolve any disputes informally. Most disputes can be resolved without formal proceedings.

12.2 Arbitration

Any disputes that cannot be resolved informally shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall be conducted in English and the decision shall be final and binding.

12.3 Class Action Waiver

You agree to bring any disputes only in your individual capacity and not as part of any class action or representative proceeding.

13. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which NIM is incorporated, without regard to conflict of law principles.

14. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify you of any material changes by posting the new Terms on this page and updating the "Last Updated" date. Your continued use of the Services after changes indicates acceptance of the modified Terms.

15. Termination

We may terminate or suspend your access to the Services immediately, without prior notice, for any reason, including if you breach these Terms. Upon termination, your right to use the Services will cease immediately. Your SempreID token will remain on the blockchain but may lose utility within our Services.

16. Severability

If any provision of these Terms is found to be unenforceable or invalid, that provision shall be limited or eliminated to the minimum extent necessary, and the remaining provisions shall remain in full effect.

17. Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and NIM regarding the use of the Services and supersede all prior agreements and understandings.

18. Contact Information

For questions about these Terms, please contact us at: