1. ABOUT THE SERVICE, THE WEBSITE AND THESE TERMS OF SERVICE
1.1. This is an agreement (referred to as "Terms") between Connect Finance (also referred to in these Terms as "Cloudor Group", "CF", "CG", "we", "us" or "our") and you (also referred to in these Terms as "Customer", "you", "your", "Community" or "user"), the person accessing and using the Connect Finance cryptocurrency investing service and accepting these Terms.
1.2. In these Terms:
1.2.1. a reference to "Cryptocurrency", "Cryptocurrencies" is a reference to the distributed, decentralized peer-to-peer digital currencies:
22.214.171.124. "Bitcoins" is a reference to a Cryptocurrency known as Bitcoin;
126.96.36.199. "Altcoins" is a reference to all Cryptocurrencies other than Bitcoin, such as Litecoin;
1.2.2. "CCT" is a reference to a token used on the platform known as Cloudor Connect Token;
1.2.3. an "Investment Round" (also referred to in these terms as "round" , "round zero" , "round one" or "cycle") is an organized trade conducted by the Commiunity . The members of these rounds work together to generate revenue through the execution of trades on the financial markets. Profits are distributed amongst the membership based on the contribution made to the trades by each member;
1.2.4. the "Connect Algorithm" (also referred to in these terms as "CFA" or "Algorithm") is the computer algorithm owned by CG that is used to provide the Service and to generate profit;
1.2.5. "Euro Balance" or "Balance" is the amount of fiat currency which the user owns.
1.2.6. "CCT Balance" is the amount of CCT balance which the user owns.
1.2.7. "Service" is CG's cryptocurrency investing service, which enables individuals to earn passive income for themselves using our Connect Finance Platform and the Website;
1.2.8. the "Support" or "Customer Support" or "Helpdesk" is the technical support service of Cloudor Group / Connect Finance that is provided via email/ticket system, available at the Cloudor Group email address at firstname.lastname@example.org where Customers can request assistance by submitting a request;
1.2.9. the "Panel" is the graphical user interface of the Service, with which the Customer interacts to perform all actions related to the Service;
1.2.10. the "Website" is cloudorgroup.com and any apps, software, emails or other websites which we use to provide the services of Connect Finance (which includes the Service);
1.2.11. a "Payout" is the periodic deposit to your Balance, dependent on your CCT Balance. Connect Finance may change the periodicity of Payouts at any time, to a maximum of once per 24 hours;
1.2.12. "Fees" are maintenance and processing fees, charged very time a major action is undertaken by the user on the platform (Deposits, Withdrawals, Conversions, Transfer of Finances) from the Balance;
1.2.13. "Account" is your personal access to the Service, described further in section 6;
1.2.14. "Balance" is your personal Account balance;
1.2.15. a "Contract" is the access to Connect Finance for a single investment round;
1.2.16. a "Contract Term" is the period of time for which a User has agreed to pay to administer access to investment rounds, by default, CG provides limited time Contracts;
1.2.17. "Hold" is the state an Account can be placed in that prevents the said Account to make any withdrawals, used as a security measure or in times of financial instability;
1.2.18. a "Pre-order" is a Contract with a start date in the future. Start date is estimated and is subject to change;
1.2.19. the "Referral Program" or "Partner Program" is the functionality that allows a Customer to receive financial rewards for Contracts purchased by other Customers;
1.2.20. a "Referral Code" is an alphanumerical sequence (at least 1 characters long) that is linked to a Customer's Account;
1.2.21. a "Referral Link" is the URL with a Referral Code, that allows a new Customer to register with Connect Finance;
1.2.22. a "Referral" is a Customer who registered by using another Customer's Referral Link;
1.2.23. a "Referrer" (or "upline" is a Customer who had another Customer register using their Referral Link;
1.2.24. a "Referral Purchase" or "Referred Purchase" is a purchase made by a Referral;
1.2.25. a "Referral Bonus" is the reward a Referrer receives for a Referral Purchase;
1.2.26. an "Affiliate Network" is a third-party website that allows any person (with or without a Connect Finance Account) to receive financial rewards for Connect Finance Contracts purchased by referred Customers.
1.3. These Terms apply to any action you undertake by using the Service and Website and they form a legal agreement between you and CF on the acceptance of your application for an Account (as set out below).
1.5. IT IS NOT POSSIBLE FOR US TO STATE DEFINITIVELY HOW MANY CCT AND/OR ANY OTHER TOKEN UNITS WILL BE ISSUED BY ANY USER AND/OR SPECIFIC INVESTMENT ROUND.
1.6. By applying to register as a User you are confirming that you understand and accept (and are able to understand and accept) these terms of service and that you agree that you will be bound by them. You should regularly check the Website for changes to the terms of service, instructions, guidance and similar information found on the Website.
1.7. You may only apply to register as a User if:
1.7.1. you are 18 years old or over; and
1.7.2. it is lawful for you to do so.
1.8. To register as a User, we may require you to provide us with identification or other documentation in order to help us prevent fraud or money laundering. This may include photographic identification and a recent proof of address. We may also undertake our own identity, fraud and credit checks.
1.9. It is forbidden for Miners to visit the Website or use the Service through anonymous proxies (such as Tor) and other services or technologies that hide the real internet connection of the user.