Terms

Terms & Condition of Virtual Labs

Welcome to Virtual Labs, a platform for verifiable randomness on blockchain. By accessing our website or using our services, you agree to comply with and be bound by the following terms and conditions (“Terms”) which govern the use of our platform.

1. General Terms.

1.1 Eligibility
To use Virtual Labs, you must be at least 18 years old or the legal age of majority in your jurisdiction, whichever is greater. You are responsible for ensuring that your use of Virtual Labs is legal in your jurisdiction.

1.2. Acceptance
By using Virtual Labs, you accept and agree to these Terms. If you do not agree to these Terms, you must not use our platform.

1.3. Modifications
We reserve the right to modify these Terms at any time, without prior notice. Your continued use of Virtual Labs after the modifications will constitute your acceptance of the modified Terms. It is your responsibility to regularly review these Terms to ensure that you are aware of any changes.

1.4. Termination
We reserve the right to terminate or suspend your access to Virtual Labs at any time, without prior notice, for any reason, including, but not limited to, breach of these Terms.

2. User Accounts

2.1. Registration
To use certain features of Virtual Labs, you may be required to register an account. You are responsible for maintaining the confidentiality of your account information, including your username and password, and for any activity that occurs under your account.

2.2. Accuracy
You must provide accurate and complete information when registering your account, and you must keep your account information up to date.

2.3. Prohibited Activities
You must not use another user’s account without their permission. You must not use Virtual Labs for any illegal or unauthorized purpose, including, but not limited to, fraud, money laundering, or terrorist financing.

Verifiable Randomness

3.1. Description
Virtual Labs provides a platform for generating verifiable random numbers on the blockchain. Our platform is designed to ensure fairness and transparency in the generation of random numbers.

3.2. Results
The random numbers generated by Virtual Labs are based on a complex algorithm that uses cryptographic techniques to ensure that the numbers are truly random. The results of the random number generation are stored on the blockchain and can be verified by anyone.

3.3. Fairness Virtual Labs
is committed to providing a fair and transparent platform for generating random numbers. We use an open-source algorithm that has been peer-reviewed to ensure that it is fair and unbiased.

4. Use of Virtual Labs

4.1. License
We grant you a limited, non-exclusive, non-transferable license to use Virtual Labs for your personal, non-commercial use only. You may not use Virtual Labs for any commercial purpose without our prior written consent.

4.2. Restrictions
You must not use Virtual Labs in any manner that could damage, disable, overburden, or impair our platform or interfere with any other party’s use and enjoyment of our platform. You must not attempt to gain unauthorized access to any part of our platform or any of its systems or networks.

4.3. Intellectual Property
Virtual Labs and its content are protected by copyright, trademark, and other intellectual property laws. You may not copy, reproduce, distribute, modify, or create derivative works of any part of Virtual Labs without our prior written consent.

Disclaimer of Warranties

5.1. No Warranty
Virtual Labs is provided on an “as is” and “as available” basis, without any warranties of any kind, express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, non-infringement, or course of performance.

5.2 No Liability
We do not warrant that Virtual Labs will meet your requirements, be uninterrupted, error-free, or secure, or that any defects in the platform will be corrected. We make no guarantee that the results obtained from the use of Virtual Labs will be accurate or reliable. Any reliance you place on Virtual Labs is at your own risk.

5.3. No Responsibility
We are not responsible for any damages or losses arising from your use of Virtual Labs, including, but not limited to, direct, indirect, incidental, punitive, and consequential damages. This includes any damages resulting from the loss of data, profits, or business opportunities.

5.4. Third-Party Content
Virtual Labs may contain links to third-party websites, services, or content that are not owned or controlled by us. We do not endorse or assume any responsibility for any third-party content, websites, or services. Your use of such third-party content, websites, or services is at your own risk.

Indemnification

You agree to indemnify and hold Virtual Labs and its affiliates, officers, directors, employees, and agents harmless from any claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees, arising out of your use of Virtual Labs, your violation of these Terms, or your violation of any third-party rights.

Miscellaneous

8.1. Entire Agreement
These Terms constitute the entire agreement between you and Virtual Labs with respect to the use of our platform and supersede all prior or contemporaneous communications and proposals, whether oral or written, between you and Virtual Labs.

8.2. No Waiver
Our failure to enforce any right or provision of these Terms shall not be deemed a waiver of such right or provision.

8.3. Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.

8.4. Assignment
You may not assign or transfer these Terms, in whole or in part, without our prior written consent. We may assign or transfer these Terms, in whole or in part, without your consent.

Contact Us

If you have any questions or concerns about these Terms, please contact us at team@virtual.tech

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