Terms of Service
Effective Date: January 1, 2025
Last Updated: January 1, 2025
1. Acceptance of Terms
By accessing and using GlobAI.org ("the Service"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.
2. Description of Service
GlobAI is a distributed AI processing platform that enables users to:
- Share computational resources and earn GLB tokens
- Access distributed computing power for AI workloads
- Participate in a decentralized token economy
- Contribute to global AI research and development
3. User Responsibilities
3.1 Account Security
- Maintain the confidentiality of your account credentials
- Notify us immediately of any unauthorized access
- Use strong passwords and enable two-factor authentication
3.2 Resource Sharing
- Ensure your hardware meets minimum requirements
- Maintain stable internet connectivity
- Do not interfere with or disrupt the network
- Report any technical issues promptly
3.3 Prohibited Activities
- Use the service for illegal activities
- Attempt to manipulate token earnings
- Reverse engineer or attack platform infrastructure
- Share account access with unauthorized parties
4. GLB Token Terms
4.1 Token Earning
GLB tokens are earned based on computational contributions to the network. Earning rates may vary based on:
- Hardware performance and availability
- Network demand and task complexity
- Quality of service metrics
- Platform participation level
4.2 Token Usage
- Tokens can be used to access computing resources
- Tokens may be transferred between users
- Conversion rates are subject to market conditions
- We reserve the right to modify token economics
5. Service Availability
While we strive for high availability, we cannot guarantee uninterrupted service. We may suspend or terminate service for:
- Scheduled maintenance and updates
- Emergency security measures
- Technical difficulties beyond our control
- Violation of these terms
6. Limitation of Liability
GlobAI shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:
- Loss of profits or revenue
- Hardware damage or degradation
- Data loss or corruption
- Service interruptions
7. Modifications to Terms
We reserve the right to modify these terms at any time. Changes will be effective immediately upon posting to our website. Your continued use of the service constitutes acceptance of the modified terms.
8. Governing Law
These terms shall be governed by and construed in accordance with the laws of the United Kingdom, without regard to its conflict of law provisions.
9. Contact Information
If you have any questions about these Terms of Service, please contact us:
Email: support@globai.org
Address: 214 High Street, Upton, Northampton NN5 4FQ, United Kingdom