Last updated: June 27th, 2025
1. Agrement of Terms
These Terms of Service ("Terms") constitute a legally binding agreement between you ("you" or "user") and Puple AI Inc. ("we," "us," or "our"). By accessing, downloading, or using our non-custodial cryptocurrency wallet application MeCo (the “App”) and our related services (the “Services”), you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use the Services.
2. The Services: Non-Custodial Wallet
MeCo is a non-custodial software wallet. We provide a user interface to help you manage and interact with various blockchain networks.
IMPORTANT: WE DO NOT HAVE CUSTODY OR CONTROL OVER YOUR ASSETS, PRIVATE KEYS, OR RECOVERY PHRASES. YOU ARE SOLELY RESPONSIBLE FOR STORING, SECURING, AND BACKING UP YOUR PRIVATE KEYS AND 12-WORD RECOVERY PHRASE. DO NOT SHARE YOUR RECOVERY PHRASE WITH ANYONE, INCLUDING US. WE CANNOT RECOVER YOUR FUNDS OR KEYS IF YOU LOSE THEM.
3. Eligibility
You must have the full right, power, and authority to enter into and comply with these Terms. You may not use our Services if you are located in a jurisdiction that is subject to sanctions or embargoes by applicable law, or if you are on any sanctions list.
4. Your Responsibilities
- Security: You are responsible for the security of the device on which you install the App and for the safekeeping of your private keys and recovery phrase. Any transactions initiated from your wallet are your sole responsibility.
- Transactions: All proposed blockchain transactions must be confirmed and signed by you. We do not control the blockchain networks you interact with. You are responsible for verifying the details of any transaction before you approve it.
- Fees and Taxes: You are solely responsible for paying any and all gas fees, transaction fees, and other fees associated with your use of the blockchain networks. You are also solely responsible for determining and paying any taxes that apply to your transactions.
- Legal Compliance: You agree to use our Services in compliance with all applicable laws and regulations.
5. Prohibited Activities
You agree not to engage in any of the following activities:
- Using the Services for any illegal purpose, including financing illegal activities.
- Engaging in any fraudulent activity or misrepresenting any information.
- Introducing viruses, malware, or other malicious code to the App.
- Attempting to gain unauthorized access to our systems or another user’s wallet.
- Using the Services in a way that could damage, disable, or impair our ability to provide them
6. Third-Party Services
The Services may allow you to access or connect to third-party services, decentralized applications (DApps), or other websites. We do not control and are not responsible for these third-party services. You acknowledge that your use of such services is at your own risk and subject to the terms and privacy policies of the third-party providers.
7. Disclaimers of Warranty
THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DO NOT GUARANTEE THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.
YOU ACKNOWLEDGE THAT BLOCKCHAIN TECHNOLOGY IS EXPERIMENTAL AND INHERENTLY RISKY. YOU ACCEPT THE RISKS ASSOCIATED WITH USING CRYPTOCURRENCY, INCLUDING THE RISK OF SMART CONTRACT FAILURES, HARDWARE OR SOFTWARE FAILURES, AND VOLATILITY.
8. Limitation of Liability
TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL MeCo, ITS AFFILIATES, OR ITS SERVICE PROVIDERS BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF FUNDS, PROFITS, OR DATA, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT, OR ANY OTHER LEGAL THEORY.
OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ANY AND ALL CLAIMS ARISING OUT OF THESE TERMS OR THE SERVICES IS LIMITED TO ONE HUNDRED U.S. DOLLARS ($100).
9. Indemnification
You agree to indemnify, defend, and hold harmless MeCo and its officers, directors, employees, and agents from any and all claims, damages, liabilities, and expenses (including reasonable attorneys' fees) arising from your use of the Services or your violation of these Terms.
10. Changes to Terms
We reserve the right to modify these Terms at any time. We will provide notice of such changes, for example by updating the "Last Updated" date. Your continued use of the Services after any modification constitutes your acceptance of the revised Terms.
11. Governing Law and Dispute Resolution
These Terms and any dispute arising from them will be governed by and construed in accordance with the laws of Panama, without regard to its conflict of law provisions. Any dispute, controversy, or claim shall be settled by binding arbitration in Panama.
12. General Provisions
- Entire Agreement: These Terms constitute the entire agreement between you and us regarding the Services.
- Severability: If any provision of these Terms is held to be invalid or unenforceable, that provision will be enforced to the maximum extent permissible, and the other provisions of these Terms will remain in full force and effect.
- No Waiver: Our failure to exercise or enforce any right or provision of these Terms will not operate as a waiver of such right or provision.
13. Contact Us
If you have any questions about these Terms, please contact us at: dev@mecowallet.com