Terms of Service

Terms of Service (TOS) for this software, unless other terms accompany those items. If so, those terms apply.

BY USING THE SOFTWARE, YOU ACCEPT THESE TERMS. IF YOU DO NOT ACCEPT THEM, DO NOT  USE THE SOFTWARE.

If you comply with these license terms, you have the rights below.

1. INSTALLATION AND USE RIGHTS. You may install and use the Compcoin wallet software on your devices. You may activate the currency trading feature using this software but you must agree not to copy or duplicate or retransmit the trades generated by this software in any manner.

2. SCOPE OF LICENSE. The software is licensed, not sold. This agreement only gives you some rights to use the software. Compcoin reserves all other rights. Unless applicable law gives you more rights despite this limitation, you may use the software only as expressly permitted in this agreement. In doing so, you must comply with any technical limitations in the software that only allow you to use it in certain ways. You may not

• disclose the results of any benchmark tests of the software to any third party without Compcoins prior written approval;

• work around any technical limitations in the software;

• reverse engineer, decompile or disassemble the software, except and only to the extent that applicable law expressly permits, despite this limitation;

• make more copies of the software than specified in this agreement or allowed by applicable law, despite this limitation;

• Publish the software for others to copy;

3. SUPPORT SERVICES. Because this software is “as is,” we may not provide support services for it.

4. ENTIRE AGREEMENT. This agreement, and the terms for supplements, updates, Internet-based services and support services that you use, are the entire agreement for the software and support services.

8. APPLICABLE LAW.

a. United States. If you acquired the software in the United States, Florida state law governs the interpretation of this agreement and applies to claims for breach of it, regardless of conflict of laws principles. The laws of the state where you live govern all other claims, including claims under state consumer protection laws, unfair competition laws, and in tort.

b. Outside the United States. If you acquired the software in any other country, the laws of that country apply.

9. LEGAL EFFECT. This agreement describes certain legal rights. You may have other rights under the laws of your country. You may also have rights with respect to the party from whom you acquired the software. This agreement does not change your rights under the laws of your country if the laws of your country do not permit it to do so.

10. DISCLAIMER OF WARRANTY. THE SOFTWARE IS LICENSED “AS-IS.” YOU BEAR THE RISK OF USING IT. COMPCOIN GIVES NO EXPRESS WARRANTIES, GUARANTEES OR CONDITIONS. YOU MAY HAVE ADDITIONAL CONSUMER RIGHTS UNDER YOUR LOCAL LAWS WHICH THIS AGREEMENT CANNOT CHANGE. TO THE EXTENT PERMITTED UNDER YOUR LOCAL LAWS, COMPCOIN EXCLUDES THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT.

11. LIMITATION ON AND EXCLUSION OF REMEDIES AND DAMAGES. YOU CAN RECOVER FROM COMPCOIN AND ITS MEMBERS ONLY DIRECT DAMAGES UP TO U.S. $5.00. YOU CANNOT RECOVER ANY OTHER DAMAGES, INCLUDING CONSEQUENTIAL, LOST PROFITS, SPECIAL, INDIRECT OR INCIDENTAL DAMAGES.

This limitation applies to:

• Anything related to the software, services, content (including code) on third party Internet sites, or third party programs; and

• Claims for breach of contract, breach of warranty, guarantee or condition, strict liability, negligence, or other tort to the extent permitted by applicable law.
It also applies even if Compcoin knew or should have known about the possibility of the damages. The above limitation or exclusion may not apply to you because your country may not allow the exclusion or limitation of incidental, consequential or other damages.

By using the compcoin service, you acknowledge and agree that: You shall bear sole responsibility for any loss, damages or adverse consequences due to a lack of close and constant monitoring of your trading. Your Forex Broker does not participate in any manner whatsoever in the development of Compcoin and gives no recommendations or qualifications regarding the development, the purchase and/or the use even if it is technically adapted to interact with any technology used by Broker.

Compcoin bears no responsibility whatsoever for the use of Your Trading Application and for any possible damage inflicted as its consequence including lack of performance and loss of investment. The running and execution of your Compcoin application for trading on a LIVE account is your responsibility. Your broker has no duty whatsoever and will not monitor, analyze, interfere in, or opine on, the transactions executed on your account through Your Compcoin application.

You undertake to monitor and to control regularly and frequently the activity on your account, in particular by accessing online reports made available by Broker. You bear full responsibility in case of expected and/or unexpected stoppages or other undesirable behaviors of Your Trading Application due to interruption/cessation of work of application Server or during the maintenance of Application Server. It is your sole responsibility to take necessary measures to prevent any adverse consequences in connection with such circumstances.

Compcoin functions as an encoded software license that grants access to an innovative Forex trading application. Compcoin holders can run their own automated trading application that has been very successful in the past 6 years . Compcoin market value can rise and fall based upon the financial returns experienced from Forex trading by its users. Access is encrypted and the amount of money traded by the application is limited by the number of coins held. The encoded application is activated when a coin holder deposits coins into a special account. After the deposit is made, Compcoin encrypted network will transmits the application over the Compcoin network to top Forex brokers for automated execution.

The larger the Forex accounts grow using this application, the more Comp coins needed to activate the full license. Demand for Comp coins is driven by investors successfully obtaining great returns. Compcoin uses modified Bitcoin software to manage the use of its encoded application. Unlicensed use can reduce the value so its in coin holders self interest to keep information confidential and not share it with any other party. It is not designed or intended to serve as currency or as a payment system. Compcoin can be purchased from other coin-holders or obtained them newly issued as a reward for running the network (node) software. This node software will only run on regular CPU computers.

You must acknowledge and agree that: You shall bear sole responsibility for any loss, damages or adverse consequences due to a lack of close and constant monitoring of Your Trading. Your Forex Broker does not participate in any manner whatsoever in the development of Compcoin and gives no recommendations or qualifications regarding the development, the purchase and/or the use even if it is technically adapted to interact with any technology used by Broker.

Compcoin bears no responsibility whatsoever for the use of Your Trading Application and for any possible damage inflicted as its consequence including lack of performance and loss of investment. The running and execution of your Compcoin application for trading on a LIVE account is your responsibility. Your broker has no duty whatsoever and will not monitor, analyze, interfere in, or opine on, the transactions executed on your account through Your Compcoin application. You undertake to monitor and to control regularly and frequently the activity on your account, in particular by accessing online reports made available by Broker. You bear full responsibility in case of expected and/or unexpected stoppages or other undesirable behaviors of Your Trading Application due to interruption/cessation of work of application Server or during the maintenance of Application Server. It is your sole responsibility to take necessary measures to prevent any adverse consequences.

The use of any such system requires specialized knowledge and comes with its own risks, Compcoin does not trade at speeds greater than what can be monitored manually. Trading Systems may not operate as intended. Simulations may have certain inherent limitations. Unlike an actual performance track record record, simulated results do not represent actual trading. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. The results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity.

No representation is being made that any account will or is likely to achieve profits or losses similar. Individual investors who are considering participating in the foreign currency exchange (or “Forex”) market need to understand fully the market and its unique characteristics. Forex trading can be very risky and is not appropriate for all investors. It is common in most Forex trading strategies to employ leverage. Leverage entails using a relatively small amount of capital to buy currency worth many times the value of that capital. Leverage magnifies minor fluctuations in currency markets in order to increase potential gains and losses. By using leverage to trade fore, you risk losing all of your initial capital and may lose even more money than the amount of your initial capital.

You should carefully consider your own financial situation, consult a financial adviser knowledgeable in Forex trading, and investigate any firms offering to trade Forex for you before making any investment decisions. The risk of loss for individual investors who trade fore contracts can be substantial. The only funds that you should put at risk when speculating in foreign currency are those funds that you can afford to lose entirely.

Individual investors who are considering participating in the foreign currency exchange (or “Forex”) market need to understand fully the market and its unique characteristics. Forex trading can be very risky and is not appropriate for all investors. It is common in most Forex trading strategies to employ leverage. Leverage entails using a relatively small amount of capital to buy currency worth many times the value of that capital. Leverage magnifies minor fluctuations in currency markets in order to increase potential gains and losses. By using leverage to trade Forex, you risk losing all of your initial capital and may lose even more money than the amount of your initial capital. You should carefully consider your own financial situation, consult a financial adviser knowledgeable in Forex trading, and investigate any firms offering to trade Forex for you before making any investment decisions.

Any Exchange that assist in connecting buyers and sellers of Compcoin tokens are only matching buyers and sellers of the token, they are not transferring any software license. Transference of the license only occurs only when a valid Compcoin token is sent to a Compcoin address.  While Compcoins are deposited in the address specifically created for this purpose, the license is transferred directly to the Compcoin holder by the Company itself.  When tokens are returned to the sender the license is terminated until such time the token is redeposited.  To the fullest extent permitted by applicable law, you release Compcoin and the other Company, individuals or Parties and expressly including exchanges and token conversion apps from responsibility, liability, claims, demands and/or damages (actual and consequential) of every kind and nature, known and unknown (including, but not limited to, claims of negligence), arising out of or related to disputes between users and the acts or omissions of third parties.