Equipment rental service Terms of Service
Bitcoin Roadmap welcomes you to our World and we trust we can be of assistance.
Our services are provided by Bitcoin Roadmap Holders (Singapore).
By using our services, you are agreeing to be bound by the following terms.
Please read them carefully and obtain legal advice should you so require it.
If you view and login to our services, it is deemed that you have read and agreed to these terms.
‘Agreement’ means this agreement as published on the Bitcoin Roadmap website, and modified from time to time, the terms of which are set out below.
‘Client’ means the individual or Company who accepted this agreement through the “acceptance of the terms of service” option selected when activating the service with BRM.
‘Contract Commencement’ means the day on which the contract is deemed to commence, being the day on which the Client's funds have been received in full by BRM.
‘Contract Term’ means the contract term as described in Clause 2 hereto.
‘Services’ means the services as described in Clause 1 hereto.
‘BRM’ means Bitcoin Roadmap, a service name of Bitcoin Roadmap Holders, a company duly incorporated in Singapore.
In this Agreement, 'Services' refers to the rental services of servers and network equipment as provided by BRM.
2. Contract Term
The Contract Term is one year from the Contract Commencement.
By paying the annual fee, the Client may extend the Contract Term for another year commencing immediately after the expiry of the preceding Contract Term.
If there is no annual fee payment, the contract will be automatically terminated upon the expiry of the current Contract Term.
3. Amount Payable
As the remuneration for the Services, the Client agrees to pay to BRM the fees upfront as electronically set on the BRM website and accepted by the Client at the time. BRM may in its sole discretion revise such fees from time to time without notice to the Client.
After payment of the relevant fees, the Client may not terminate this Agreement prior to the expiry of the Contract Term, or receive any refund of any amount paid to BRM.
As at the date of this Agreement, the rental fee for 1 lot is 500 USD, with an annual fee of 30 USD. That is, the total initial fees for rental of 1 lot is 530 USD.
From the second year onwards, the Client may continue renting the lot by paying the annual fee of 30USD.
The payment currency is "Bitcoin" only.
4.Revenue sharing by equipment rental
If revenue from equipment rental is recorded, clients can receive revenue sharing based on BRM revenue sharing provisions.
Revenue is automatically paid by Bitcoin to the client's Bitcoin Wallet on the 15 th of every month and at the end of the month.
5. Payment of referral fee
If the Client introduces the Services to another person and such other person agrees to a Contract Term of at least one year and pays the applicable fees to BRM, the Client can receive the referral fee based on the BRM introduction fee payment provision. The amount of referral fee may be revised by BRM in its sole discretion from time to time without notice to the Client.
The referral fee is automatically paid by Bitcoin to the client 's Bitcoin Wallet on the 15 th of every month and the end of the month.
6. Outsourcing of operations
BRM shall be entitled to, in its sole discretion, delegate the provision of some or all of the Services to a third party as BRM may appoint.
The Client hereby consents to BRM's disclosure of the Client's personal data to such third party for the purposes of providing the Services.
This Agreement does not transfer to the Client any ownership or proprietary rights in the technology or any work or any part thereof relating to the Services, and all right, title and interest in and to all technology relating to the Services will remain solely with BRM and its partners.
The Client is not purchasing rights to any technology. The Client is permitted to use BRM technology only as enabled and attended through its BRM account through the website and only during the Contract Term. Such permission is for the sole purpose of enabling the Client to use BRM’s services in the manner permitted by this Agreement.
The Client's rights under this Agreement are not transferable to any other person without BRM’s prior express written consent.
The Client shall indemnify and hold BRM harmless against all claims, damages, suits, costs, proceedings, expenses, liabilities and other losses (including without limitation legal costs) that BRM may suffer or incur whether directly or indirectly in relation to or in connection with any use by the Client of BRM's services or technology otherwise than as provided in this Agreement.
For software and other various information provided to the Client, all copyrights and intellectual property rights are owned by a third party authorized to use these information in BRM or BRM.
The Client shall use the software etc. only for the purpose of using the Services, and shall not use it for any other purposes.
BRM assumes no responsibility for any direct or indirect damages arising as a result, even if the Client's data etc. are used for purposes other than the original purpose of use such as loss, damage, leakage, etc. due to software etc. provided to the Client Hmm.
9. Stop service
BRM shall be entitled to immediately terminate this Agreement and cease provision of the Services in the event that BRM is of the opinion that any one or more of the following has occurred:
(1) any failure of the Client to fulfil any obligation under the this Agreement or other applicable contract of use;
(2) any losses or damages caused by the Client to BRM;
(3) the Client has interfered or is interfering with the operation or provision of the Services, or has harmed or is harming the honour or credibility of BRM;
(4) BRM stops providing equipment rental service or any part or whole of the Services for any reason;
(5) the Client has made a petition for corporate reorganization, civil rehabilitation, or bankruptcy, or when he / she intends to do any of the foregoing; and/or
(6) BRM is of the opinion that the continuation of this Agreement and/or the continuation of the provision of Services to the Client is inappropriate or is prejudicial to BRM's interests.
BRM may at its sole discretion and at any time suspend the provision of all or part of the Services without notice in advance to the Client, and/or may take other necessary measures for such suspension. BRM shall not be liable for any damages to the Client, the Client's business or the Client's property whether directly or indirectly caused by suspension or termination of this Agreement.
In the event of suspension or termination, the Client shall not be entitled to any refund of any amount paid by the Client to BRM.
10. Client's own burden
In connection with the use of the Services, in the event that the Client causes damage to another Client, or a third party, or if there is any dispute between a Client and another Client or a third party, BRM shall not be liable in any relation thereto, and shall have no obligation to resolve such dispute or be otherwise involved in such incident.
11. Service Liability
Except where required under Singaporean law, BRM shall not be responsible for the Clients’ loss of profits and revenues or any indirect, special, consequential, exemplary, incidental or punitive damages of any kind which may arise whether directly or indirectly in relation to the provision of Services.
To the extent permitted by Singaporean law, the total liability of BRM for any claims under this Agreement including for any implied warranties, is limited to the amount that the Client paid to BRM for the Services.
BRM accepts no liability under any circumstances for loss or damages arising from natural disaster, war, rioting, civil war, terrorist acts, serious diseases, the enactment or revision of laws or regulations, public authority orders or dispositions, industrial action, accidents in relation to transportation systems or communication networks, viruses, or unauthorized access via hacking.
In all cases, BRM will not be liable for any loss or damage to the Client that is not reasonably foreseeable.
BRM assumes no responsibility for any direct or indirect damages arising in relation to the provision of the Services, including without limitation where the Client's data is used for purposes other than the original purpose of use, or any loss, damage, leakage of such Client's data.
12. Personal Data
Without prejudice to any other term in this Agreement, the Client hereby consents to BRM collecting, using and disclosing the Client's personal data for the purpose of providing the Services and as otherwise required for the provision of other services requested by the Client.
13.Governing Law & Jurisdiction
The Parties agree that the laws of Singapore shall govern the validity and interpretation of this Agreement and all acts and transactions pursuant hereto and all rights and obligations of the Parties, and that jurisdiction and/or venue of any action involving the validity, interpretation or enforcement of this Agreement or any of its terms, provisions or obligations, or claiming any breach hereof or thereof, shall exist exclusively in Singapore’s court(s).
The aforementioned choice of venues is intended by the Parties to be mandatory and not permissive in nature, thereby precluding the possibility of litigation between the Parties with respect to or arising out of this Agreement in any jurisdiction other than that specified in this clause.
Each Party hereby waives any right it may have to assert the doctrine of forum non conveniens or any similar doctrine or to object to venue with respect to any proceeding brought in accordance with this clause, and each Party stipulates that the aforementioned courts shall have in personam jurisdiction and venue over the Parties for the purpose of litigating any dispute, controversy, or proceeding arising out of or related to this Agreement.
The Parties hereby submit to the jurisdiction and venue of such courts and waive any right to challenge or otherwise object to personal jurisdiction or venue in any action commenced or maintained in such courts.