📜Terms of Use

Last updated: October 2024 / v.0.2

1. Introduction

These Terms of Use ("Terms") govern access to and use of the Orimatla platform ("Platform"), including its website, mobile applications, and any related services. By accessing or using the Platform, you confirm that you have read, understood, and agree to comply with these Terms. The Platform offers a space where users can interact, create content, earn, and make transactions with the OTL utility token.

Orimatla reserves the right to alter or modify these Terms at any time. Any changes will take effect immediately upon being posted on the Platform. Continued use of the Platform after such changes constitutes acceptance of the updated Terms.

If you do not agree with any part of these Terms or future updates, you must cease using the Platform immediately.

Age Restrictions

Use of the Service is restricted to individuals over the age of 13. Before accessing or using the Service, you affirm that you are 13 years or older, an emancipated minor, or have consent from a parent or legal guardian. You also confirm that you are fully capable of understanding and complying with these Terms. If you are under the age of 13, you must not use the Service.

2. Definitions

Orimatla: Refers to the platform offering a social network where users can post content, interact, and transact using the OTL utility token.

OTL: Orimatla’s exclusive utility token used for interactions and transactions within the Platform. OTL should not be considered a security.

User: Any individual or entity accessing and using Orimatla’s services after registering and accepting the Terms of Use.

KYC (Know Your Customer): Identity verification process required to ensure compliance with anti-money laundering (AML) laws and other regulations.

User Content: Any content users post and share on the Platform, including text, images, videos, audio, and other interactive materials.

3. Account Registration and Security

3.1. Account Registration

To access and use all Orimatla features, the user must create an account by providing accurate, complete, and up-to-date information. Registration may include identity verification via the KYC process, as required by local and international regulations. Providing false or misleading information may result in account suspension or termination.

3.2. Identity Verification (KYC)

The KYC process is mandatory to comply with anti-money laundering and anti-terrorism financing laws. Orimatla uses specialized third-party services to conduct identity verification and ensure secure and lawful operations on the Platform. The user agrees to provide all requested data and guarantees that the information provided is accurate and truthful.

3.3. User Responsibilities

The user is responsible for maintaining the confidentiality of login credentials and all account activities. In case of unauthorized or suspected use of their account, the user must immediately notify Orimatla. Orimatla is not liable for any losses or damages resulting from unauthorized account use.

4. Use of OTL Token

4.1. Nature of OTL

The OTL is a utility token developed exclusively for transactions within the Platform. It rewards users for interactions such as content creation and community engagement. OTL does not confer any ownership, control, or participation rights in Orimatla or any of its operations. Use of OTL is restricted to Platform functionalities and should not be considered a financial instrument or security.

4.2. Acquisition and Use

Users may acquire OTL through Platform interactions as part of the rewards program. The use of OTL is governed by the terms set out in this document, and Orimatla reserves the right to modify the token’s usage and acquisition rules at any time.

4.3. Associated Risks with OTL

Users should be aware that the value of OTL may fluctuate with cryptocurrency market conditions. The crypto market is highly volatile, and users should exercise caution when transacting. Orimatla is not responsible for any financial losses resulting from OTL’s depreciation or appreciation.

4.4. Orimatla Wallet

The wallet provided to you via the App/Site allows storage and withdrawal of your OTL cryptocurrency. The user is responsible for securing their private keys and wallet information, and Orimatla is not liable for any asset loss or theft due to security failures on the user’s device.

5. User Content

5.1. Content Licensing

By posting or sharing any content on Orimatla, the user grants Orimatla a worldwide, irrevocable, sublicensable, royalty-free license to use, modify, distribute, and display this content on any media or format, both on the Platform and for promotional purposes. This includes, but is not limited to, text, images, videos, audio, and other user-created materials.

5.2. Content Posting Rules

Users are prohibited from posting or sharing content that:

• Violates any applicable law or regulation, including but not limited to copyright, trademarks, and privacy rights.

• Is defamatory, obscene, pornographic, abusive, offensive, or promotes hate speech, discrimination, violence, or any other inappropriate behavior.

• Contains sexually explicit material, such as pornographic or erotic content, including icons, titles, or descriptions. Orimatla has a zero-tolerance policy against child sexual abuse imagery and will report any discovered content to authorities immediately and terminate associated accounts.

• Incites violence or intimidation, including threats, harassment, or intimidation of other users or third parties, as well as gratuitous or implied violence and incitement to violence, such as suicide.

• Promotes hate speech, prejudice, discrimination, intolerance, or racism, or attacks any person or group based on race, ethnicity, religion, disability, gender, age, nationality, veteran status, sexual orientation, or gender identity.

• Insensitively capitalizes on tragic or sensitive events, such as natural disasters, conflicts, atrocities, deaths, or other tragic events.

• Engages in illegal activities, including stalking or sexual exploitation of any user or use of the service for criminal activities.

• Infringes third-party intellectual property (IP) rights, such as copyrights, trademarks, privacy rights, and publicity rights.

• Spreads fake news, or content not based on true facts, created to misinform, create disorder, or incite hateful or divisive behavior.

5.3. Monitoring and Sanctions

Orimatla reserves the right to remove any content deemed inappropriate or in violation of these Terms without prior notice to the user. Additionally, Orimatla may suspend or terminate the accounts of users engaged in prohibited activities, at its sole discretion.

We reserve the right, at our sole discretion, to remove and refuse to publish or publicly display any User Content we consider to be Prohibited Content. Moreover, we may, but are not obligated to, take any action we deem necessary against any user who posts prohibited content on the service, including warning the user, suspending or terminating their account, removing all User Content, and/or reporting the user to authorities. We also reserve the right to access, read, retain, and disclose any information we deem necessary to comply with applicable laws, enforce these Terms, or resolve technical, security, or fraud issues.

6. Points Program

6.1. Point Accumulation

The Orimatla points program allows users to accumulate points based on their participation on the Platform, including but not limited to posting content, commenting, and sharing. Point accumulation is automatic and based on user activity.

6.2. Point-to-OTL Conversion

Accumulated points will be automatically converted to OTL at the end of pre-defined cycles. Point-to-OTL conversion is part of Orimatla’s core mechanics and occurs automatically without user intervention.

6.3. Monitoring and Sanctions

Orimatla reserves the right to monitor user activity and apply sanctions, such as account suspension or revocation of points, in cases of abusive or fraudulent behavior. Prohibited activities include, but are not limited to, the use of bots, creation of fake accounts, or attempts to manipulate the points system.

7. Privacy Policy and Data Protection

Orimatla respects users’ privacy and is committed to protecting personal data collected. Data provided for verification (KYC) and to ensure AML policy compliance will be used exclusively for these purposes. Orimatla implements appropriate technical and administrative measures to protect data against unauthorized access, misuse, or disclosure.

For more information on data collection and use, please refer to our Privacy Policy.

8. Modifications to the Terms

Orimatla reserves the right to modify these Terms of Use at any time. Modifications will take effect immediately upon posting a new version on the Platform. Users will be notified of changes, and continued use of the Platform implies acceptance of the new Terms.

9. Dispute Resolution

Any dispute arising from Platform use or related to these Terms will be resolved through arbitration under the laws of the jurisdiction in which Orimatla operates. The user agrees to submit to arbitration as a means of conflict resolution, and all decisions will be final and binding.

10. Governing Law

These Terms of Use are governed by and construed in accordance with the laws of the jurisdiction where Orimatla is registered, excluding any provisions on conflict of laws.