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Terms of Use

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Terms of Use

These Terms of Use govern your access to and participation in the Centrix (CLC) project, including the Centrix.fi website and any associated services, products, or platforms (collectively referred to as “Centrix” or “the Platform”). By using Centrix, you agree to be bound by these terms, as well as any future amendments or updates to these terms. If you do not agree to these terms, you should not use the Centrix Platform.

1. Acceptance of Terms
By accessing or using Centrix, you agree to comply with and be bound by these Terms of Use, as well as our Privacy Policy and any additional guidelines or policies that may apply to specific services provided by Centrix. Centrix reserves the right to modify these terms at any time, and any changes will be posted on the Centrix.fi website. Your continued use of the Platform after such modifications will constitute your acceptance of the updated terms.

2. Experimental Nature of Centrix
Centrix (CLC) is an experimental project. The Platform utilizes unique technology, including the Chain of Ownership system and Centralized Ledger Currency (CLC), that is still under development and testing. You acknowledge that Centrix may experience bugs, technical issues, and system updates, and you accept the risks associated with participating in an experimental project.

3. User Responsibilities
By using Centrix, you agree to:

  • Use the Platform only for lawful purposes and in accordance with applicable laws and regulations.

  • Not use Centrix for any illegal activities or to conduct any form of fraud, hacking, or other malicious activities.

  • Ensure that your use of Centrix does not violate any intellectual property rights, privacy rights, or other rights of any third party.

  • Be solely responsible for maintaining the confidentiality and security of your account information, private keys, and other credentials related to Centrix.

4. Account Security
You are responsible for securing your account and ensuring that your private keys, passwords, and any other sensitive information associated with your Centrix account are kept safe. You agree to notify Centrix immediately if you believe that your account or any related security information has been compromised. Centrix is not liable for any loss or damage resulting from unauthorized access to your account.

5. No Financial Advice
Centrix is not intended as a financial advisory service, investment vehicle, or trading platform. The information provided on Centrix.fi or through the Platform is for informational purposes only and should not be considered as financial advice. You are solely responsible for your investment decisions, and Centrix is not liable for any financial losses incurred as a result of your use of the Platform.

6. Transactions and Blockchain
Centrix operates on a centralized ledger that tracks the ownership history of coins. Transactions within the Centrix system are secured by cryptographic signatures, and all coins are issued under a Proof of Work (PoW) scheme. While mining encourages fair distribution, transactions can take place without the need for mining or blockchain technology. By using Centrix, you acknowledge and accept that transactions are irreversible and cannot be altered once confirmed.

7. No Liability for Loss
You acknowledge that Centrix (CLC) is an experimental project and that there are inherent risks involved in using the Platform. Centrix, its team, developers, and affiliates are not liable for any losses, damages, or other consequences arising from your use of the Platform, including but not limited to:

  • Loss of coins or assets due to technical errors, hacking, or unauthorized access.

  • Inability to access your account or assets.

  • Changes to the Platform’s features, technology, or functionality.

  • Losses related to fluctuations in the value of Centrix coins or other cryptocurrencies.

8. Privacy and Data Collection
Centrix respects your privacy and is committed to protecting your personal data in accordance with our Privacy Policy. By using the Platform, you consent to the collection and processing of your data as described in the Privacy Policy. Centrix does not share your private keys or sensitive information with third parties unless required by law.

9. Updates and Modifications
Centrix reserves the right to update, modify, or discontinue any part of the Platform, including the Centrix.fi website, the Chain of Ownership system, and other services, at any time. Users will be notified of major updates via the Centrix website or other communication channels. You acknowledge that Centrix may need to perform updates, maintenance, or other modifications that may temporarily affect the availability or functionality of the Platform.

10. Termination of Access
Centrix reserves the right to suspend or terminate your access to the Platform at its sole discretion, without prior notice, if you violate these Terms of Use or engage in any activities that are deemed harmful to the security, integrity, or functioning of the Platform.

11. Intellectual Property
All content, trademarks, logos, and other intellectual property on Centrix.fi and associated with the Centrix Platform are owned by Centrix or its licensors. You may not use, reproduce, or distribute any part of the Platform without prior written consent from Centrix, except as expressly allowed under these Terms of Use.

12. Governing Law
These Terms of Use shall be governed by and construed in accordance with the laws of the jurisdiction in which Centrix operates, without regard to its conflict of law principles. Any disputes arising from these Terms of Use shall be resolved through binding arbitration or in the courts located in the appropriate jurisdiction, as determined by Centrix.

13. Indemnification
You agree to indemnify and hold harmless Centrix, its affiliates, developers, and partners from any claims, liabilities, damages, losses, or expenses (including legal fees) arising from your use of the Platform, violation of these Terms of Use, or any third-party claims related to your activities on Centrix.

14. No Warranties
Centrix provides the Platform “as is” and makes no representations or warranties, either express or implied, regarding the availability, reliability, functionality, or accuracy of the Platform. Centrix does not guarantee uninterrupted access, error-free performance, or that the Platform will meet your expectations.

15. Entire Agreement
These Terms of Use constitute the entire agreement between you and Centrix regarding your use of the Platform and supersede any prior agreements or understandings. If any provision of these Terms of Use is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.

16. Contact Information
If you have any questions or concerns regarding these Terms of Use or the Centrix Platform, please contact us through the contact information provided on the Centrix.fi website.

Last Updated: 03/05/2025

For further information or support, please visit Centrix.fi.