Boboo.com platform (hereinafter referred to as us) is committed to mining as a service, using the latest technology to provide multi-algorithm, multi-currency cloud mining services. By selling/leasing our own mining machines to our customers, and simultaneously providing mining machine commission management and mining maintenance business, we provide our customers with a one-stop solution for mining capabilities of different sizes of cryptocurrency.
The following terms are our terms of service, through your operation on our website platform, we will be jointly bound by the terms of service, through the terms of service to establish legal rights and obligations. Please read the terms of Service carefully and fully understand the agreement and the terms. If you have any questions about this agreement, please do not proceed to the next step.
By using the Platform services, confirming through the web pages or otherwise accepting this Agreement, you shall be deemed to have fully understood all the terms of this Agreement and agree to enter into this Agreement with us.
If you have any doubts or objections about the contents of this Agreement before agreeing to enter into this Agreement, please contact us so that we can explain and explain to you so that you can fully understand and help you decide whether to accept this Agreement and whether to use our services.
In accordance with the relevant laws and regulations of the country where the parties are located and through equal and voluntary negotiation, the parties hereby agree as follows on matters concerning the leasing (purchase) of mining machines from the Platform of The Exchange and entrusting the platform to provide hosting services.
- Leasing (purchase) of Mining Machinery
1.1 Information of mining machinery provided by Boboo.com Exchange platform to you for leasing (purchasing) entrusted management service:
1.2 Leasing or purchasing mining machines: The Platform provides users with mining machines of the models and quantities specified in the orders attached hereto. Users may choose (1) leasing or (2) purchasing to acquire the right to use or ownership of mining machines during the term hereof. However, no matter by lease or purchase, the user shall entrust the Platform of Boboo.com to manage the mining machine simultaneously, so as to maximize the user's computing power and protect the user's rights and interests to the maximum extent. If user commissioned to buy Boboo.com exchange platform for mill management more than one year, the user shall have the right to Boboo.com in advance written notice under the condition of the exchange platform (generally for 30 days notice in advance to make Boboo.com have ample time to prepare the exchange platform), remove mill commissioned management services, and make your own arrangements for transportation to mill to the user address ready to pick up the goods.
Ii. Contents of entrustment management services for mining machinery
2.1 Site supporting services: Boboo.com Platform provides host site, power supporting facilities and broadband for users who rent or buy mining machines, Network support, security monitoring, host management and troubleshooting, and assist Party A or the manufacturer in maintenance and other hosting services.
2.2 Daily monitoring services: The Exchange platform shall carry out daily monitoring to ensure that users rent or purchase and entrust the management of mining machines
2.3 Network and information security: Boboo.com keep platform shall cooperate with relevant national departments to handle Internet and information security as required
Full duty of work.
2.4 Safety and compensation of mining machinery: The Platform shall guarantee the safety of the equipment entrusted by Party A and shall not be lost or damaged. In case of loss or damage, Party B shall compensate Party A for the equipment according to the price; Party B shall be responsible for the safety of the equipment during the trusteeship. If any problem occurs, Party B shall be responsible for compensation in the form of the same number of machines of the same specification or equivalent cash.
2.5 Maximum computing power guarantee: The Platform of Boboo.com shall try its best to ensure that the power failure time of the leased mining machine does not exceed 18 hours per month, so as to ensure that the users can achieve maximum computing power income within the lease term; In addition, The Platform of Boboo.com will guarantee that the customer will make up for the loss of mining machine downtime time caused by power failure in a one-to-one manner. In other words, for every hour of power failure, the platform will compensate the customer for an extra hour of mining machine rental time. For the mining machines purchased by users, Boboo.com Exchange platform also adopts a one-to-one approach to make up for the frequent management entrusted by users.
Transportation: 2.6 mill for users to buy mill, Boboo.com exchange platform for international transportation, logistics and transport process of the valuation of the insurance, freight charge users according to the actual amount, but the Boboo.com exchange platform choosing transportation, insurance should be notified in advance before the user and user to determine what mode of transport is choose what kind of insurance and insurance and other related matters, in order to ensure the cost burden of users in a reasonable market price range (note that the transport convention does not apply to purchase mining machine users to the mining machine).
Term of lease and entrustment management
3.1 No matter by lease or purchase, the operation period of the mining machine entrusted to the management by the user shall be :12 months (counting from the time when the user pays the lease or purchase fee, and the website will notify the user in writing of the period). The mining machine operation and maintenance costs shall be borne by the special team of Boboo.com Platform, and the user shall not bear the operation and maintenance costs.
3.2 During the trusteeship period, if the Customer guarantees that the machine will be operated under the custody of Party B and transferred to a third party, the customer and the transferee shall go through the transfer and change procedures with Party B.
3.3 if user take buying patterns, and entrusted management of mill run length more than 1 year, the user shall have the right at the second mandate 30 days written notice before the expiration of the period the premise Boboo.com exchange platform, to remove the Boboo.com exchange platform managed authorization, Boboo.com exchange platform can negotiate with the user at the right time to stop the operation of the mill, and cooperate with the customers on the mill of the transportation work. However, when the miner is delivered to the first carrier designated by the user, the Platform of Boboo.com will no longer assume any management responsibility of the miner, especially the safety responsibility of the miner and its own liability for damage and compensation for any damage caused to any third party.
3.4 If the user fails to take delivery of the goods beyond 90 days after the expiration of the term of entrustment management under article 3.3 of the Agreement, the Boboo.com platform shall have the right to charge a certain storage fee.
Iv. Expense burden
The fees that users need to pay to the Platform include annual mining machine lease fee, permanent mining machine purchase fee, entrustment management fee and basic electricity fee. The exchange platform will timely provide users with written notice page and paid link of the fee burden; If the fee is not fully known and recognized by the user, the Platform will not adopt any operation mode of deduction or any operation similar to deduction.
- Rights and obligations of users and the Exchange platform
5.1 The user shall be aware that The Platform of Boboo.com Exchange is not a seller of mining machines. If the user purchases mining machines, the ownership of mining machines shall be transferred by means of change of ownership. However, the user shall use the entrusted management service of Boboo.com Exchange platform for more than one year to own the possession and disposal rights of mining machines.
5.2 If the user installs the software on the host, the copyright/license/use right of the software required shall be provided by THE PLATFORM of BOBOO.COM; Unless otherwise agreed in writing by the parties, the Customer acknowledges that the rights of any materials, software and data provided by THE EXCHANGE platform to Party A belong to the Exchange Platform and that the user has no right to copy, disseminate, transfer, license or provide others with access to such resources. Otherwise, the Customer shall bear the corresponding responsibilities.
5.3 The Platform provides users with the warranty service of mining machines purchased. The warranty period, scope and other terms are subject to the three guarantee services provided by the manufacturer. The warranty period of the purchased products is from the date of acceptance of the products. If Party A fails to accept the products or raises objections beyond the time limit agreed herein, the warranty period shall be 180 days from the 25th hour when the products arrive at the place designated by Party A for receiving.
5.4 users and Boboo.com exchange platform shall strictly perform the contract of this agreement, any breach of a party, the observant party has the right to send written notice to the breaching party, the breaching party shall be seven (7) working days after receipt of written notice observant party state reasons in a written document, if did not explain the reasons within the prescribed time limit, and fails to correct them, are as the observant party has the right to take relief measures, such as litigation or arbitration Boboo.com exchange platform is entitled to take other legal technical measures to realize self-help, but retained by litigation, arbitration to maintain their own rights and interests of rights.
Vi. Legal statement on user computing power maximization
The platform is committed to providing users with one-stop digital currency computing solutions. However, the revenue brought by digital currency computing power is affected by the corresponding digital currency market's final strength, mining and distribution scheme of digital currency in a certain period, corresponding currency fluctuation and other aspects, which are unpredictable. Each customer must make an independent judgment about the benefits of buying or leasing the mining machinery and should consider the risks and their own circumstances when choosing whether to buy or lease the mining machinery. Boboo.com Platform is not responsible for the mining income of customers.
Vii. Modification, rescission, termination and assignment of rights and obligations
7.1 Modification of The Agreement
The PLATFORM reserves the right to modify the transaction method, custody duration and other contents of the agreement from time to time according to the needs of the market.
If it is considered reasonable or necessary according to the principle of good faith.
7.2 Rescission and Termination of this Agreement
7.2.1 During your use of the Platform services, we may unilaterally terminate this Agreement if:
7.2.2 Your account is cancelled for any reason;
7.2.3 Using the platform service in the name of another person or using another person's account falsely;
7.2.4 Use the platform services for illegal purposes;
7.2.5 Engage in any behavior that may infringe upon the platform system and data;
7.2.6 Violate any laws and regulations or provisions of this Agreement;
7.2.7 The services provided by the platform are no longer in compliance with relevant regulatory provisions in the opinion of the regulatory authority;
7.2.8 In addition to the above reasons, we may terminate the provision of certain services to you according to the risks and the needs of our business operation. At that time, the company will notice or inform according to the situation. Since this is a normal business decision, you cannot make it. You understand that we are not liable for any restrictions on the use of the platform services or services.
7.3 Assignment of rights and obligations
We may change or add performance subjects based on the needs of the Platform services. If you continue to use the Platform services, it shall be deemed as follows
The subject that agrees to the change or addition serves as the other party to your performance.
Viii. Dispute Resolution
The conclusion, validity, interpretation, performance and dispute settlement of this Agreement shall be governed by the laws of the country where the agreement is made. During the performance of this Agreement, all disputes and disputes arising out of or in connection with this Agreement shall be settled by the parties through negotiation. If no agreement can be reached through negotiation, the parties agree to submit the case to the court in the place where the defendant is located for settlement through litigation. Nine, notifications, During the performance of this Agreement, the written notice we send to you includes the mailing of a paper notice and the website of the exchange platform Inform, E-mail, SMS and fax, etc.
10 and other
10.1 The annexes hereto and the supplements, amendments or changes thereto shall form an integral part of this Agreement and shall be in accordance with this Agreement. The text of the discussion shall have the same legal effect.
10.2 Each party hereto shall bear its own taxes related to this Agreement in accordance with laws, regulations and relevant provisions.
10.3 Matters not covered herein shall be dealt with by the parties through negotiation or in accordance with relevant national laws and regulations.