Terms and Conditions
Last Updated: September 24, 2026
1. Introduction
Welcome to Blocnet ("Platform", "we", "us", or "our"). By accessing or using the Blocnet platform, mobile application, website, or any associated services (collectively, the "Services"), you agree to be bound by these Terms and Conditions ("Terms").
Blocnet is a decentralized crypto platform that provides community-driven updates, mining rewards, and wallet services. These Terms govern your use of all features including but not limited to: project updates, mining mechanisms, BNT token, wallet services, and community features.
If you do not agree to these Terms, please do not use our Services.
2. Eligibility
To use Blocnet Services, you must:
- Be at least 18 years of age or the age of legal majority in your jurisdiction
- Have the legal capacity to enter into binding agreements
- Not be prohibited from using our Services under applicable laws
- Not be located in or a resident of any jurisdiction where crypto services are prohibited
- Comply with all local laws regarding online conduct and cryptocurrency transactions
By using our Services, you represent and warrant that you meet all eligibility requirements.
3. Account and Wallet Responsibilities
3.1 Custodial Wallet
The Blocnet wallet is custodial. Wallet keys are generated and held for you by our key-management provider (Turnkey), and Blocnet records your balances in an internal ledger. You are not given a seed phrase or private key. Deposits and withdrawals are processed by Blocnet, may be subject to limits, fees, identity verification (KYC) and review, and may be paused for security or legal reasons.
3.2 Your Responsibilities
- Safeguarding the sign-in method you use for your account (for example your Google account)
- Maintaining the confidentiality of your account credentials
- Being solely responsible for all activities under your account
- Immediately notifying us of any unauthorized access or security breach
3.3 Loss of Access
If you lose access to your sign-in method, contact us. We may be able to restore access after verifying your identity, but we cannot guarantee it, and we are not liable for losses caused by a compromised sign-in method.
4. BNT Token and Mining Mechanism
4.1 Token Nature
BNT is a utility token on the BNB Smart Chain blockchain designed for use within the Blocnet ecosystem. BNT is NOT an investment, security, or financial instrument. It does not represent ownership, equity, or profit-sharing rights in Blocnet.
4.2 Mining Rewards
- Mining rewards are distributed based on 24-hour cycles and referral networks
- Reward amounts may vary based on network participation and platform algorithms
- We reserve the right to modify reward structures with reasonable notice
- Mining does not guarantee fixed returns or appreciation in value
4.3 No Investment Advice
Nothing on our platform constitutes investment, financial, legal, or tax advice. You are solely responsible for evaluating the risks and merits of any decision related to BNT or other digital assets.
5. Platform Services
5.1 Community Content
User-generated content (updates, comments, tips) is provided by community members ("Hunters"). We do not endorse, verify, or guarantee the accuracy of community content. Always conduct your own research.
5.2 Swap and Exchange
Swap functionality is provided through third-party integrations. We act as an interface only and do not control transaction execution, pricing, or settlement. All swaps are subject to blockchain confirmation and network fees.
6. Prohibited Activities
You agree NOT to:
- Use the Services for any illegal activity, money laundering, or fraud
- Create fake accounts, manipulate mining rewards, or abuse referral systems
- Attempt to hack, disrupt, or compromise platform security
- Post spam, malicious content, or misleading information
- Impersonate others or misrepresent your affiliation with projects
- Scrape, copy, or redistribute platform data without permission
- Violate intellectual property rights or applicable regulations
- Engage in market manipulation or pump-and-dump schemes
Violation of these prohibitions may result in account suspension or termination.
7. Risks and Disclaimers
7.1 Cryptocurrency Risks
You acknowledge and accept the inherent risks of cryptocurrency, including but not limited to:
- Price volatility and potential loss of value
- Regulatory uncertainty and changing legal landscape
- Smart contract vulnerabilities and blockchain risks
- Irreversible transactions and loss of funds
- Network congestion and transaction delays
7.2 No Guarantees
Services are provided "AS IS" without warranties of any kind. We do not guarantee uptime, accuracy of information, transaction success, or specific outcomes.
8. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
- Blocnet shall not be liable for any indirect, incidental, special, or consequential damages
- Our total liability shall not exceed $100 USD or the amount you paid us in the past 12 months, whichever is greater
- We are not liable for losses due to user error, forgotten passwords, compromised credentials, or blockchain failures
- We are not responsible for third-party services, smart contracts, or external platforms integrated with Blocnet
9. Intellectual Property
All platform content, including logos, designs, text, graphics, and software, are owned by Blocnet or our licensors and protected by intellectual property laws.
You retain ownership of content you submit but grant us a worldwide, non-exclusive, royalty-free license to use, display, and distribute your content within the platform.
10. Termination
We reserve the right to suspend or terminate your access to the Services at our sole discretion, with or without notice, for violations of these Terms or other legitimate reasons.
You may discontinue use of the Services at any time. Before closing your account, withdraw any wallet balance. If we terminate your access, we will give you a reasonable opportunity to withdraw your balance unless the law prevents it.
11. Governing Law and Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to conflict of law principles.
Any disputes shall first be attempted to be resolved through good-faith negotiation. If unresolved, disputes shall be settled through binding arbitration in accordance with [Arbitration Rules].
12. Changes to Terms
We reserve the right to modify these Terms at any time. Material changes will be communicated through the platform or email with reasonable notice. Your continued use of Services after changes constitutes acceptance of the updated Terms.
13. Contact Information
For questions or concerns regarding these Terms, please contact us at:
Blocnet Support
Email: blocnetapp@gmail.com
Website: https://blocnet.app
By using Blocnet Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.