Last updated: 1st October, 2024
Welcome to Brava! These Terms of Service ("Terms") govern your use of Brava’s products and services (the "Service"). By accessing or using the Service, you agree to these Terms. If you do not agree to these Terms, do not use the Service.
By using the Service, you confirm that you are at least 18 years old and have the legal capacity to enter into a binding agreement. If you are using the Service on behalf of an organization, you represent that you are authorized to bind the organization to these Terms.
To use the Service, you must certify that you meet the requirements to be classified as a sophisticated, accredited, or qualified investor under the laws and regulations of your jurisdiction. This certification is required to access and use Brava’s products and services due to potential regulatory considerations in different countries.
Accredited Investors: As defined by U.S. regulations or similar standards in other jurisdictions, you must meet the criteria for income, assets, or experience.
Sophisticated or Qualified Investors: You must demonstrate the knowledge, experience, and financial capacity to evaluate the risks involved in using Brava’s products and services.
By agreeing to these Terms, you acknowledge that it is your responsibility to verify that you meet the investor qualification standards applicable to your country of residence or business operation.
Brava provides tools and access to financial products designed for managing digital assets. The Service may involve stablecoins pegged to local currencies and backed by real-world assets, with operations facilitated via blockchain technology to ensure transparency.
To access the Service, you may be required to provide certain personal information and verify your status as a sophisticated, accredited, or qualified investor. This may include providing documentation to verify your eligibility. You are responsible for providing accurate and truthful information during registration.
You agree to use the Service only for lawful purposes and in accordance with these Terms. You may not:
Use the Service for any illegal or fraudulent activity.
Misrepresent your status as a sophisticated, accredited, or qualified investor.
Interfere with or disrupt the operation of the Service or the blockchain network.
Brava provides access to stablecoins that may be pegged to local currencies and backed by real-world assets. The value of stablecoins may fluctuate based on market conditions and the performance of the underlying assets. You acknowledge that:
Stablecoins are subject to risks, including potential loss of value.
Brava does not guarantee the value of any stablecoin.
You are responsible for understanding the risks associated with using stablecoins and blockchain technology, as well as the legal implications in your jurisdiction.
The Service is designed to automate digital asset transactions and holdings. While we aim to provide accurate and efficient automation, Brava cannot guarantee uninterrupted or error-free operation. You are responsible for monitoring your transactions and ensuring they meet your expectations.
Brava may charge fees for using the Service. Any applicable fees will be clearly communicated before you engage in any transaction. You agree to pay all fees associated with your use of the Service. Failure to pay may result in suspension or termination of your account.
You are solely responsible for ensuring that your use of the Service complies with all applicable laws and regulations in your jurisdiction, including securities, tax, and anti-money laundering laws. By using the Service, you confirm that:
You have independently verified that the Service is permitted under your jurisdiction’s laws.
You understand that access to certain services or products may be restricted based on local regulatory requirements, and you agree to comply with any such restrictions.
The Service may integrate or rely on third-party services (e.g., blockchain networks or asset custodians). Brava is not responsible for the availability, accuracy, or security of third-party services. Your use of third-party services is subject to their respective terms and policies.
Brava and its licensors retain all intellectual property rights in the Service. You may not copy, modify, distribute, sell, or lease any part of the Service without our prior written consent.
To the fullest extent permitted by law, Brava will not be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the Service. This includes, but is not limited to, damages for loss of profits, data, or other intangible losses, even if we have been advised of the possibility of such damages.
The Service is provided on an "as-is" and "as-available" basis. Brava makes no warranties or representations regarding the reliability, accuracy, or completeness of the Service or its content. We disclaim any implied warranties of merchantability, fitness for a particular purpose, and non-infringement.
You agree to indemnify and hold harmless Brava and its affiliates, officers, directors, employees, and agents from any claims, liabilities, damages, or expenses (including legal fees) arising out of your use of the Service, your misrepresentation of investor status, or your violation of applicable laws or these Terms.
We reserve the right to terminate or suspend your access to the Service at our discretion, without notice, if you violate these Terms, fail to meet investor qualifications, or engage in unlawful activity. Upon termination, your right to use the Service will immediately cease.
These Terms are governed by the laws of United Kingdom. Any disputes arising out of or in connection with these Terms shall be resolved through binding arbitration in United Kingdom, unless otherwise required by applicable law.
We may update these Terms from time to time. Any changes will be effective immediately upon posting to our website. Your continued use of the Service after changes are made constitutes your acceptance of the revised Terms.
If you have any questions about these Terms, please contact us at support@brava.xyz
