Coinome Refer and Earn Program

Terms & Conditions

  1. This Refer and Earn Program (“Program”) is sponsored by Hatio Innovations Private Limited, having its registered office address at 801, Supreme Chambers, 17/18 Shah Industrial Estate, Andheri West, Mumbai - 400053 (“Sponsor”). Entry (defined below) to the Program constitutes a Customer's (defined below) full and unconditional agreement to and acceptance of these terms and conditions (“Terms and Conditions”) and the decisions of the Sponsor which shall be final and binding. Receiving a Referral Cashback (defined below) is contingent upon fulfilling all the requirements as stated in these Terms and Conditions. Participating in the Program is voluntary. These Terms and Conditions shall be bound by all applicable national, state and local laws and regulations.

  2. This Program is valid throughout India except in the States where prohibited under Applicable Law (defined below). This Program will be managed and run by the Sponsor.

HOW TO ENTER & RULES

  1. The customer (the “Customer”) is required to have an existing trading account on the Sponsor’s cryptocurrency exchange platform, Coinome, at www.coinome.com (“Coinome”). The Customer should register or be a registered user on Coinome. The registration with Coinome should be complete in all aspects for the Customer to commence trading and using the services of Coinome.

  2. The Sponsor will issue a referral ID, referral link and/or QR code, which shall be unique to each Customer on Coinome (“Referral Code”). Customers may share their Referral Code to any individual and prospective new customer before such individual undertakes and completes the e-KYC requirement and necessary signing up requirements on Coinome (“Referral Date”) and commences trading on Coinome (“New Customer”).

  3. The New Customer (defined below) shall engage in at least one trade on Coinome during the Program Period (defined below) for Customer to be considered eligible to enter this Program (“Entry”).

  4. New Customer is required to enter the Referral Code at a designated place provided by the Sponsor on Coinome for the purpose of entering the Referral Code, prior to Referral Date while undertaking Coinome’s e-KYC requirements. Upon undertaking the above mentioned requirements and making the first trade on Coinome, each New Customer shall receive one time credit of INR 100 (Rupees One Hundred) to New Customer’s Coinome account.

  5. The New Customer shall provide all details accurately which are required to be entered for Customer to receive Referral Cashback and New Customer to receive the one-time credit of INR 100 (Rupees One Hundred) under this Program.

  6. By Entry to this Program, Customer agrees to these Terms and Conditions and warrants that Customer complies with all the requirements as set out in these Terms and Conditions.

  7. Each Customer is eligible to receive twenty (20) % of the net commissions charged by Coinome for any trade made by New Customer during the Program Period (“Referral Cashback”). Referral Cashback shall be paid in the same currency denomination as the commission earned by Coinome.

  8. Customer agrees and acknowledges that Sponsor shall not provide Customer and Customer shall not have the right to demand any statement of transactions of the New Customer to determine the commissions earned or the Referral Cashback.

  9. Each Customer is permitted to refer unlimited New Customers for the purpose of this Program under these Terms and Conditions. New Customer shall create only one account specific to the e-KYC details provided during registration with Coinome and shall be eligible for the one-time credit of INR 100 (Rupees One Hundred) under this Program only for the one account created on the submitted details to Coinome.

ELIGIBILITY

  1. The Program is open to all individuals residing in India of the age of 18 years and above as on June 11, 2018.

  2. Officers, directors, and employees of Sponsor, and the Sponsor’s parents, subsidiaries, affiliated companies, agents, advertising and promotion agencies, those involved in the execution and administration of the Program and their immediate family members are not eligible to Entry under these Terms and Conditions.

TIMING

  1. This Program is open from June 11, 2018 until such period as shall be notified to Customers by Sponsor. The Customer should continue to check Coinome for updates, as the Customer will be deemed to have been notified of the close of this Program.

  2. This Program begins on Referral Date and ends on thirty (30) days post the Referral Date (both days inclusive) (“Program Period”).

  3. All Referral Cashback to be paid to Customer under this Program shall be paid on a weekly basis, within six days of completion of the week. (For example, if New Customer starts trading on Tuesday (June 19, 2018), Customer shall earn Referral Cashback on or before the following Friday (June 29, 2018)).

  4. The Sponsor reserves the right to remove any Customer or New Customer during any given point of the Program Period.

  5. No substitutions of the Referral Cashback, other than what is detailed in these Terms and Conditions shall be allowed. However, the Sponsor reserves the right to substitute and/or change the Referral Cashback without any intimation or notice, written or otherwise to the Customer.

CONDITIONS OF PROGRAM

  1. Sponsor reserves the right, in its sole discretion, to cancel, terminate or suspend this Program or any part of this Program without assigning any reasons or without any prior intimation whatsoever, or should any non-authorized intervention, network failure, data storage failure, telecommunications failure, malfunction or other such default caused beyond Sponsor’s reasonable control corrupts or impairs the security, administration, fairness or operation of this Program.

  2. Sponsor reserves the right to correct any typographical or clerical errors in these Terms and Conditions.

  3. Sponsor reserves the right to prohibit any Customer from participating in the Program if, in its sole discretion, Sponsor finds such Customer to be tampering with the Entry process or the operation of the Program, or if the Customer has repeatedly shown a disregard for, or attempts to circumvent, these Terms and Conditions. Any Customer attempting to defraud or tamper with this Program in any way will be ineligible for Referral Cashback and may be prosecuted to the full extent under Applicable Law. Any failure by Sponsor to enforce any of these Terms and Conditions shall not constitute a waiver of these Terms and Conditions.

  4. The Sponsor make no commitment, express or implied, to respond to any feedback, suggestion and, or queries of the Customer in any form whatsoever.

CAUTION

  1. ANY ATTEMPT BY ANY INDIVIDUAL TO DELIBERATELY UNDERMINE THE LEGITIMATE OPERATION OF THE PROGRAM MAY BE A VIOLATION OF CRIMINAL AND CIVIL LAWS APPLICABLE AND SPONSOR RESERVES THE RIGHT TO SEEK DAMAGES FROM ANY SUCH INDIVIDUAL TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW OR SEEK ANY ADDITIONAL APPLICABLE LEGAL RECOURSE, SHOULD SUCH AN ATTEMPT BE MADE.

LIMITATION OF LIABILITY & RELEASE

  1. The Sponsor shall be under no liability whatsoever in respect of all actions, Claims, demands, proceedings, losses, damages, personal injury (including actual or perceived loss or the like) (hereinafter “Dispute”) and costs, charges and expenses whatsoever, arising directly or indirectly out of:

    i) the exercise by the Sponsor of its right to terminate the Program;

    ii) any mis-statement, mis-representation, error or omission in any details of the Entry, as disclosed to the Sponsor; iii) telephone, electronic, hardware or software program, network, Internet or computer malfunctions, failures or difficulties of any kind; iv) failed, incomplete, garbled, or delayed computer transmissions; v) the cancellation of this Program or if a Referral Cashback cannot be awarded due to cancellations, delays or interruptions due to acts of God, acts of war (declared or undeclared), natural disasters, weather, acts of terrorism, riot or civil disturbance, satellite or equipment failure, federal, state or local law, order or regulation, public health crisis, or order of any Court of law or any condition caused by events beyond the reasonable control of Sponsor which may cause the Program to be disrupted or corrupted; vi) any injuries, losses or damages of any kind arising in connection with or as a result of the Referral Cashback, or from Entry in the Program.

  2. SPONSOR MAKES NO REPRESENTATIONS OR WARRANTIES OF ANY KIND EXPRESS OR IMPLIED, REGARDING ANY REFERRAL CASHBACK OR THE CUSTOMER’S PARTICIPATION IN THE PROGRAM. BY PARTICIPATING IN THE PROGRAM, EACH CUSTOMER AGREES TO RELEASE AND HOLD SPONSOR AND ITS EMPLOYEES, OFFICERS, DIRECTORS, SHAREHOLDERS, AGENTS, REPRESENTATIVES OF SPONSOR, ITS AFFILIATES, SUBSIDIARIES, ADVERTISING, PROMOTION AND FULFILLMENT AGENCIES HARMLESS FROM ANY AND ALL LOSSES, DAMAGES, RIGHTS, CLAIMS AND ACTIONS OF ANY KIND IN CONNECTION WITH THE PROGRAM OR RESULTING FROM THE ACCEPTANCE, POSSESSION, OR USE OF THE REFERRAL CASHBACK, INCLUDING WITHOUT LIMITATION, PERSONAL INJURY, DEATH, AND PROPERTY DAMAGE, AND CLAIMS BASED ON PUBLICITY RIGHTS, DEFAMATION, OR INVASION OF PRIVACY. EACH CUSTOMER ALSO AGREES TO RELEASE AND HOLD SPONSOR HARMLESS FROM ANY AND ALL LOSSES, DAMAGES, RIGHTS, CLAIMS AND ACTIONS OF ANY KIND IN CONNECTION WITH THE PROGRAM OR RESULTING FROM THE ACCEPTANCE, POSSESSION, OR USE OF THE REFERRAL CASHBACK, INCLUDING WITHOUT LIMITATION, PERSONAL INJURY, DEATH, AND PROPERTY DAMAGE, AND CLAIMS BASED ON PUBLICITY RIGHTS, DEFAMATION, OR INVASION OF PRIVACY.

  3. THE SPONSOR SHALL NOT BE LIABLE TO THE CUSTOMER OR ANY THIRD PARTY FOR DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, EXEMPLARY, SPECIAL OR PUNITIVE DAMAGES, INCLUDING LOST PROFITS, LOSS OF SAVINGS, LOSS OF BUSINESS OPPORTUNITY, REGARDLESS OF THE FORM OF THE ACTION OR THE THEORY OF RECOVERY, EVEN IF SUCH PARTY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

  4. The total aggregate liability of the Sponsor, for any Claims asserted by a Customer or any third party in relation with the Program, regardless of the form of the action recovery, shall be limited to the value of the Referral Cashback.

PUBLICITY

  1. Except where prohibited by Applicable Law, the Customer's acceptance of a Referral Cashback constitutes express permission for Sponsor to use the Customer's name, photograph, statements, Entry, biographical information, voice, and address (city and state) worldwide and in all forms of media, in perpetuity, without any compensation made or offered to the Winner.

COLLECTION OF PERSONAL INFORMATION

  1. Customer agrees that any personal information (“Personal Information”) provided to Sponsor or its authorized third parties may be used by Sponsor and its authorized third parties to fulfil the provision of Referral Cashback and such Personal Information shall be governed by the Sponsor’s privacy policy available here: https://www.coinome.com/pages/privacy_policy (“Privacy Policy”). The Sponsor reserves the right to make changes to the Privacy Policy without any prior notice to the Customer. The Customer should continue to check the Privacy Policy for updates and amendments, as the Customer will be deemed to have accepted any changes to the Privacy Policy. The Customer hereby agrees that the “reasonable security practices and procedures” adopted in regard to the processing and protection of Personal Information shall be bound by the Privacy Policy and accordingly, the rules of the Government of India notified under section 43A of the Information Technology Act, 2000 are hereby excluded.

INDEMNIFICATION BY CUSTOMER

  1. The Customer hereby agrees to indemnify and keep the Sponsor indemnified from and against all actions, claims, demands, proceedings, losses, damages, personal injury, costs (including legal costs) (hereinafter “Claim”), charges and expenses whatsoever which the Sponsor may at any time incur, sustain, suffer or be put to as a consequence of or by reason of or arising out of:

    i) any violation, breach or alleged breach of these Terms and Conditions by the Customer. ii) the negligence or mistake of the Customer (directly or indirectly); and iii) Any issues arising out of spyware/viruses/malware in the Entries submitted by the Customer.

TAXATION

  1. Any tax or other liabilities or charges payable to the Indian government or any other statutory authority/body or any participating establishment, which may arise or accrue to the Customer due to provision of the Referral Cashback, shall be to the sole account of the Customer. All Referral Cashback are applicable to Tax deducted at source, on the monetary value of the same before being paid to the Customer.

GOVERNING LAW

  1. This Program is governed by and construed in accordance with the laws of the Republic of India (“Applicable Law”) and the courts of Cochin will have jurisdiction over all Disputes that may arise out of and in relation to this Program.

DISPUTES

  1. By entering the Program, Customer agrees that (a) any and all Disputes, Claims, and causes of action arising out of or connected with the Program shall be resolved individually, without resort to any form of class action; (b) any and all Claims, judgments and awards shall be limited to actual out-of-pocket costs incurred, but in no event shall include attorneys’ fees; and (c) under no circumstances will any Customer be permitted to obtain any award for and Customer hereby waives all rights to claim punitive, incidental or consequential damages and any and all rights to have damages multiplied or otherwise increased and any other damages, other than for actual out-of-pocket expenses.

  2. In all matters relating to the Program, the decision of the Sponsor shall be final and binding in all respects.

  3. Any provision of these Terms and Conditions which is prohibited or unenforceable in any jurisdiction shall, as to such jurisdiction, be ineffective to the extent of prohibition or unenforceability but that shall not invalidate the remaining provisions of these Terms and Conditions or affect such provision in any other jurisdiction.

  4. Any reference to a singular term shall include reference to the corresponding plural term and vice versa.

  5. The Sponsor shall have the absolute discretion to amend or supplement any of these Terms and Conditions without assigning any reasons or without any prior intimation whatsoever. The Sponsor may notify / communicate the amended Terms and Conditions by hosting the same on Coinome or in any other manner as decided by the Sponsor. The Customer shall be responsible for regularly viewing these Terms and Conditions, including amendments thereto as may be posted on the Sponsor’s website or the microsite and shall be deemed to have accepted the amended Terms and Conditions.