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Terms and Conditions - Octopus Capital

Terms & Conditions Of Service

Last updated: October 2024.

Welcome to Octopus Capital!

YOUR ORDER OF, USE OF, AND ACCESS TO, THE SERVICE, AND CONTENT ARE SUBJECT TO ALL TERMS AND CONDITIONS CONTAINED HEREIN AND ALL APPLICABLE LAWS AND REGULATIONS. PLEASE READ THESE TERMS AND CONDITIONS CAREFULLY. YOUR ORDER OF, ACCEPTANCE OF, USE OF, AND/OR ACCESS TO, THE SERVICE, AND/OR CONTENT CONSTITUTES YOUR AGREEMENT TO ABIDE BY EACH OF THE TERMS AND CONDITIONS SET FORTH HEREIN. IF YOU DO NOT AGREE WITH ANY OF THESE TERMS OR CONDITIONS, DO NOT ORDER, USE OR ACCESS ANY SERVICE, OR CONTENT, OR ANY OF THE INFORMATION WITHIN THE SERVICE, OR CONTENT, AND CONTACT CUSTOMER SUPPORT TO CANCEL YOUR MEMBERSHIP.


HOW TO ACCEPT THIS AGREEMENT

You accept this Agreement by Written consent through accepting this Agreement on the website, via e-mail or otherwise by executing this Agreement or activating the Services. When you accept this Agreement, you specify that you are at least 18 years old and are legally able to enter into a contract. If you accept this Agreement on behalf of the organization, you specify that you are an authorized representative of such organization, and where the context requires, “you” means the “organization”. By accepting, you agree to every provision of this Agreement whether you have to read it or not. Once you have accepted this Agreement, we will process your acceptance as an offer to receive Service. We will then review the offer, including without limitation assessing your identity and authenticity. Once we are ready to offer Service for you, we will inform you that your Service has commenced, constituting our acceptance of your offer. If we feel unable, or if at our sole discretion, we decide not to provide the Service to you, we will inform you on the matter by email and we will not process your order. If you have already paid for the Services, we will refund you the full amount as soon as possible in the same method of payment used in the attempted purchase of Services.


OWNERSHIP:

All materials on this website are owned and licensed by Octopus Capital and its third-party providers and are protected by the US and international intellectual property laws. Unless otherwise indicated, all service marks, trademarks, and logos appearing on this website are the exclusive property of Octopus Capital. The information, materials, and other content of this website may not be copied, displayed, distributed, downloaded, licensed, modified, published, reposted, reproduced, reused, sold, transmitted, used to create a derivative work, or otherwise used for public or commercial purposes without the express written consent of Octopus CapitalWe operate the Site octopuscapitals.com To contact us, please see our customer support page. OUR SERVICES: Mining Hardware, Services, Trading and Pool. Cryptocurrency mining hardware (hereinafter referred to as “the Mining Hardware”) consists of specialized computing hardware, computer programs, networking interconnectivity and associated facilities that run proprietary Cryptocurrency mining software (hereinafter referred to as “the Software”). We are selling you the specific volume of processing power (hereinafter referred to as “the Service” or “the Services”) of that Mining Hardware corresponding to an amount of processing power (measured in quantity of calculations per second or “Hashes”) specified in each order for probable, but not guaranteed, opportunity to earn. We rent all Mining Hardware to provide Services to you and other users (“Users”) and that we also use ourselves for our own account.


Octopus CapitalPlans:

When you enter this Agreement empowering us to provide you the Service, and we accept your request by sending you an order confirmation (hereinafter referred to as “the Order Confirmation”); a contract (hereinafter referred to as “the Octopus CapitalPlan”) to provide the Service is formed. You must have purchased a Mining Contract or a Trading Plan to have any right to use Services to obtain any right to Product.You acknowledge that by executing this Agreement and by logging into our Site and accessing your account, you undertake Cryptocurrency mining and Trading on your behalf only, at your own risk and for your own benefit. The Cryptocurrency produced by our Octopus CapitalCloud-Intelligence and Mining Hardware (hereinafter referred to as “the Product”) will be centrally collected by us, and we will distribute a portion of the Product to the Users (“Customer Portion”) based upon the Mining/ Trading Capacity allocated under valid Investment Plans held by Users during the period of effectiveness of your Contract (the “Term”), with such distributions may be subject to Maintenance or other Fees according to the terms of a chosen tariff plan. Maintenance fees. A fee that we may charge you as choose us from your Customer Portion to cover running costs of Mining Hardwares and the pool as described on the website. The fee will be converted to the number of Bitcoins, Ethereum, Bitcoin Cash, Dash, Dogecoin, and Litecoin based on the previous day's crypto market closing price in USD published on www.coinmarketcap.com .


GAS FEE SUPPORT POLICY:

The Gas Fee fuels trading sessions and powers our AI BOTS to achieve the expected ROI of various trading plans. In each trading plan, a one-time deduction of 40% of the total profits is taken from the account balance for Gas Fee Support. Non-compliance due to insufficient Balance may result to suspension of trade untill requirements are met.


PASSWORD AND SECURITY:

As part of the process of selecting and paying for the Services, you are required to create an account on the Site (hereinafter referred to as “the Account”) and to provide your email (hereinafter referred to as “the User Name”) and password (hereinafter referred to as “the Password”). To protect your Account and to prevent unauthorized access to it, keep your Password confidential. You are responsible for any activity that occurs on or through your Account. If you become aware of or suspect any unauthorized use of your Password or Account, please change your Password immediately and notify us as soon as possible. You are responsible for maintaining the confidentiality of any usernames, passwords, security questions, and answers. All information available through the privileged area of the site is confidential and proprietary to us. This includes all investment information and results, offering materials, financial statements, and other information provided through this part of the site. You will use your best efforts to keep all this information strictly confidential. You will not disclose any of this information to any person or use it for any purpose other than those strictly permitted by us.


CUSTOMER IDENTIFICATION:

Because providing Services may entail us undertaking financial risk on your behalf, whenever you reserve a Service, we may investigate your personal history in public records or your credit history or score. To register as a customer, as well as while being serviced, we may require you to provide us with identification or other documentation in order to help us prevent fraud or money laundering. This may include photographic identification and a recent proof of address. We may also undertake our own identity, fraud and credit checks.


YOUR DUE DILIGENCE:

By using our Services, you acknowledge and warrant that you have conducted sufficient due diligence to understand the risks associated with Cryptocurrency mining/Trading. You acknowledge that due to the difficulties in renting Mining Hardware, there may be delays affecting the rate at which we are able to bring the Mining Hardware online.


RESTRICTIONS ON USE:

Restrictions on Use. You will not use our Services or the content or information delivered through our Services to conduct any business or activity or solicit the performance of any activity for any illegal, fraudulent, unauthorized or improper purpose. You will comply with all applicable constitutions, laws, ordinances, principles of common law, codes, regulations, statutes or treaties and all applicable orders, rulings, instructions, requirements, directives or requests of any courts, regulators or other governmental authorities (hereinafter referred to as “the Law”) in connection with your use of our Services.


YOUR PROMISES:

You agree that you will not attempt to: (a) access any Software or part of our Services for which your use has not been authorized; or (b) access or use or attempt to access or use another User's account; or (c) interfere in any manner with the provision of our Services or Software, the security of our Services or Software, or other Users, or otherwise abuse our Services or Software.


RESTRICTIONS ON USE:

Single Account Policy: Octopus Capitalonly allows one account per member, and we strictly prohibit multiple accounts. Our system employs advanced technology, including IP address tracking, to identify any violations. A new account can only be created after the existing account has been deleted.


ACCOUNT MANAGEMENT:

Restrictions on Use. You will not use our Services or the content or information delivered through our Services to conduct any business or activity or solicit the performance of any activity for any illegal, fraudulent, unauthorized or improper purpose. You will comply with all applicable constitutions, laws, ordinances, principles of common law, codes, regulations, statutes or treaties and all applicable orders, rulings, instructions, requirements, directives or requests of any courts, regulators or other governmental authorities (hereinafter referred to as “the Law”) in connection with your use of our Services.


INACTIVITY POLICY:

An extended period of account inactivity may result in account dormancy. Inactivity refers to an account that has not been accessed for a prolonged period. Accounts that are inactive for a significant period may be subject to withdrawal restrictions. The specific withdrawal restrictions may vary depending on the duration of inactivity. This means that there could be a limitation on the withdrawal amount for accounts that have been inactive for an extended period. The longer an account remains inactive, the lower the withdrawal limit will be. Regularly accessing an account and reinvesting funds may increase the withdrawal limit or entirely eliminate any withdrawal restrictions.


Octopus CapitalGrowth Programme: Systematic Advancement to Higher Tiers

To further cultivate the growth of Octopus Capitalone’s esteemed global investor community, a mandatory progression to higher investment tiers is periodically implemented for all active investors. This systematic migration aims to increase net worth by 300% to 600% within a stipulated period not less than 15days, nor exceeding 30 days. Key benefits of this structured growth programme includes but are not limited to; exclusive investment opportunities, enhanced support, and stronger community connections. To participate, upgrade your investment plan with deposits within specified ranges to yield substantial profits. Please contact your account officer to finalize the smart contract terms once you qualify.


OUR REMEDIES:

If we have reason to believe that you or any entity under your common ownership or control have engaged in any of the prohibited or unauthorized activities described in this Agreement, have otherwise breached your obligations under this Agreement, have misappropriated our trade secrets or our Confidential Information, copyrights, patents or other intellectual property rights, then without demand or prior notice and without limiting any of its other available remedies, we may: a. terminate, suspend or limit your access to or use of your Account or our Services; b. terminate or suspend this Agreement or any Service; c. withhold the distribution of any Customer Portions to you; d. notify law enforcement agencies, regulatory authorities, impacted third parties and others as we deem appropriate; e. refuse to provide our Services to you in the future; f. take legal action against you.



Your Service Fee isn't at Risk, and There Is Every Guarantee That the Service You Subscribe Will Produce Crypto Profits. The fact that people have benefited from Cryptocurrency mining and Trading in the past has all the assurance indicating that you will benefit from such mining, or from the Service, subscribed with Octopus Capital Mining Company in the future. You should view your entire Service Fee as being of quality earns guarantee enter this Agreement. We make every representation, warranty or guarantee that you will receive Crypto Profits from the Subscribed Services. USING OUR SERVICES, YOU ACKNOWLEDGE AND WARRANT THAT YOU HAVE CONDUCTED A SUFFICIENT DUE DILIGENCE TO UNDERSTAND THE RISKS ASSOCIATED WITH CRYPTOCURRENCY MINING AND TRADING NOTWITHSTANDING OUR PROVISION OF CONSTANT HASH-RATE UNDER YOUR MINING CONTRACT, YOUR MINING CONTRACT MAY NOT RESULT IN THE CONSTANT GENERATION OF NEW COINS DUE TO OTHER FACTORS, INCLUDING THE INCREASE IN THE OVERALL NETWORK HASH-RATE, THE INCREASE IN ELECTRICITY COSTS, THE DECREASE IN PRICE OF MINED CRYPTOCURRENCY, OR THE DECREASE IN THE COINBASE BLOCK REWARD. YOU ALSO ACKNOWLEDGE AND REPRESENT AND WARRANT THAT YOU HAVE MADE AN INDEPENDENT DECISION TO PURCHASE AND USE THE SERVICES FROM US BASED ON THE INFORMATION AVAILABLE TO YOU, WHICH YOU HAVE DETERMINED AS ADEQUATE FOR THAT PURPOSE. WE HAVE NOT GIVEN ANY INFORMATION OR INVESTMENT ADVICE OR RENDERED ANY OPINION TO YOU AS TO WHETHER THE PURCHASE AND USE OF THE SERVICES IS PRUDENT OR SUITABLE, AND YOU ARE NOT RELYING ON ANY REPRESENTATION OR WARRANTY BY US EXCEPT AS EXPRESSLY SET FORTH IN THIS AGREEMENT.




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