Terms of Service

Legal terms and conditions for using ViceversaChain services

Last Updated: August 10, 2025
Effective Date: August 10, 2025

1. Agreement to Terms

These Terms of Service ("Terms") constitute a legally binding agreement between you ("User", "you", or "your") and the ViceversaChain Development Team ("ViceversaChain", "we", "us", or "our") regarding your access to and use of:

  • ViceversaChain website and associated services
  • ViceversaChain reverse blockchain network
  • VIVE cryptocurrency and related technologies
  • Documentation, tools, and community platforms
  • Any future services or features we may provide

By accessing or using any ViceversaChain services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy.

2. Eligibility and Registration

2.1 Age Requirements

You must be at least 18 years old to use ViceversaChain services. By using our services, you represent and warrant that you meet this age requirement.

2.2 Legal Capacity

You must have the legal capacity to enter into binding agreements. If you are using our services on behalf of an organization, you represent that you have the authority to bind that organization to these Terms.

2.3 Jurisdictional Compliance

You are responsible for ensuring that your use of ViceversaChain services complies with all applicable laws and regulations in your jurisdiction.

3. ViceversaChain Network and VIVE Cryptocurrency

3.1 Reverse Blockchain Technology

ViceversaChain operates the world's first reverse blockchain, starting from block 51,840,000 and counting down to zero. This revolutionary approach:

  • Uses SHA256 proof-of-work consensus mechanism
  • Generates blocks every 2 minutes
  • Has a total supply of 51,840,079 VIVE coins
  • Will complete its cycle in approximately 197 years
3.2 VIVE Cryptocurrency

VIVE is the native cryptocurrency of the ViceversaChain network. By participating in the network, you acknowledge:

  • VIVE coins have no guaranteed value
  • Cryptocurrency markets are highly volatile and speculative
  • You may lose all invested funds
  • ViceversaChain makes no promises about future value or adoption

4. Risk Disclosure

Cryptocurrency Risk Warning

Cryptocurrencies involve significant financial risk. You could lose all of your invested funds.

Risk Category Description Impact Level
Market Volatility VIVE value may fluctuate dramatically High
Technology Risk Blockchain technology is experimental and may contain bugs Medium
Regulatory Risk Changing regulations may affect cryptocurrency operations Medium
Network Risk Network attacks, failures, or discontinuation Medium
Liquidity Risk Limited ability to buy or sell VIVE coins High

5. Prohibited Uses

You are prohibited from using ViceversaChain services for:
  • Illegal Activities: Money laundering, terrorism financing, fraud, or any illegal activities
  • Malicious Actions: Network attacks, spam, malware distribution, or system disruption
  • Market Manipulation: Pump and dump schemes, wash trading, or artificial price manipulation
  • Unauthorized Access: Attempting to breach security measures or access restricted areas
  • Impersonation: Pretending to be ViceversaChain team members or other users
  • Intellectual Property Infringement: Using copyrighted or trademarked materials without permission
  • Circumvention: Bypassing any access restrictions or technological measures

6. Disclaimers

6.1 No Warranties

ViceversaChain services are provided "AS IS" and "AS AVAILABLE" without any warranties of any kind, either express or implied, including but not limited to:

  • Merchantability, fitness for a particular purpose, or non-infringement
  • Uninterrupted, secure, or error-free operation
  • Accuracy, reliability, or completeness of information
  • Compatibility with your systems or requirements
6.2 Investment Disclaimer

ViceversaChain and VIVE coins are not investment products. We provide no investment advice, and nothing on our website constitutes a recommendation to buy, sell, or hold any cryptocurrency.

6.3 Technical Disclaimer

The reverse blockchain technology is experimental and may contain unknown vulnerabilities or limitations. We cannot guarantee perfect security or functionality.

7. Limitation of Liability

To the maximum extent permitted by applicable law, ViceversaChain shall not be liable for:

Direct Damages
  • Financial losses from VIVE price changes
  • Lost profits or business opportunities
  • Network downtime or service interruptions
  • Data loss or corruption
Indirect Damages
  • Consequential or incidental damages
  • Special, punitive, or exemplary damages
  • Third-party claims or actions
  • Reputational damage

Our total liability for any claims shall not exceed $100 USD or the equivalent amount in any currency.

8. Indemnification

You agree to indemnify, defend, and hold harmless ViceversaChain, its developers, contributors, and affiliates from and against any claims, damages, obligations, losses, liabilities, costs, or debt, and expenses (including attorney's fees) arising from:

  • Your use of ViceversaChain services
  • Your violation of these Terms
  • Your violation of any third-party rights
  • Any illegal or unauthorized use of services through your account
  • Your negligent or intentional acts or omissions

9. Intellectual Property

9.1 ViceversaChain Intellectual Property

ViceversaChain owns or has licensed rights to all intellectual property in our services, including:

  • ViceversaChain and VIVE trademarks and logos
  • Website content, design, and user interface
  • Documentation and educational materials
  • Proprietary software and algorithms (excluding open-source components)
9.2 Open Source Components

ViceversaChain blockchain code is based on Bitcoin Core and is released under open-source licenses. You may use, modify, and distribute the blockchain code according to the applicable open-source license terms.

9.3 User-Generated Content

By submitting content to ViceversaChain platforms, you grant us a worldwide, non-exclusive, royalty-free license to use, reproduce, and distribute such content for project purposes.

10. Dispute Resolution

10.1 Governing Law

These Terms shall be governed by and construed in accordance with applicable international law and blockchain governance principles.

10.2 Dispute Resolution Process
  1. Direct Negotiation: Parties must first attempt to resolve disputes through good-faith negotiations
  2. Mediation: If negotiations fail, disputes may be submitted to mediation
  3. Arbitration: Unresolved disputes may be subject to binding arbitration
  4. Class Action Waiver: You waive the right to participate in class-action lawsuits

11. Modifications to Terms

We reserve the right to modify these Terms at any time. When we make changes:

  • We will post the updated Terms on our website
  • We will update the "Last Updated" date
  • Material changes will be communicated via email or website notice
  • Continued use of services constitutes acceptance of updated Terms
  • You may terminate your use if you disagree with changes

12. Termination

12.1 Termination by You

You may stop using ViceversaChain services at any time. Account deletion or service termination does not affect blockchain transactions already completed.

12.2 Termination by ViceversaChain

We may terminate or suspend your access to services immediately, without notice, for violations of these Terms or for any other reason at our sole discretion.

12.3 Effects of Termination

Upon termination:

  • Your right to use services immediately ceases
  • We may delete your account and associated data
  • Blockchain transactions and VIVE coins remain on the network
  • Provisions that should survive termination remain in effect

13. General Provisions

13.1 Entire Agreement

These Terms, together with our Privacy Policy, constitute the entire agreement between you and ViceversaChain.

13.2 Severability

If any provision of these Terms is found to be unenforceable, the remaining provisions will remain in full force and effect.

13.3 Waiver

Our failure to enforce any provision does not constitute a waiver of that provision.

13.4 Assignment

You may not assign your rights under these Terms without our written consent. We may assign our rights without restriction.

13.5 Force Majeure

We are not liable for any failure to perform due to causes beyond our reasonable control, including natural disasters, war, terrorism, or government actions.