Terms and Conditions

đź‘‹ Welcome to GGO!

Here you can find all the Terms and Conditions related to GGO, and we suggest you go through them before using any of our Platforms or Services.

Please read these Terms and Conditions ("Terms", "Terms of Use") carefully before using the https://gogametoken.com website and all our platforms (the "GGO", "GOGAME", "Service", "us", "Platform", "we", or "our") . Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms.

These Terms apply to all visitors, users, investors, and others who access or use the Service/Platform. You agree to be bound by these Terms by accessing or using the Service. If you disagree with any part of the terms, you may not access the Service.

As you read the terms carefully, it states that you govern your GGO Services and its Platform use. These terms of use contain essential provisions, including an arbitration provision requiring all claims to be resolved through legally binding arbitration. All grievances are resolved through the grievance officer appointed by the Platform. You can connect with them during the Business Days from Monday to Friday, 10:00 a.m. - 6 p.m.

    By making use of GGO Services, you acknowledge and agree that:

  • All Cryptocurrencies involve substantial risk with any Virtual Digital Asset. The quotes, market cap, and volatility of Crypto may fluctuate significantly, and there is a substantial risk of complete economic loss for the user when purchasing, holding, selling, or investing in Crypto Currencies and their Derivatives.
  • You are aware of the risk associated with transactions involved in Crypto Currencies and understand that your account is wholly derived from the rewards and risks ratio.
  • GGO and its shareholders, directors, and affiliates are in no way liable for any losses, risks, or adverse outcomes.
  • You are making a sound decision to invest with GGO and assume that you shall have the absolute risk of capital, and you take responsibility for proving correct decisions. GGO is not responsible for any unfavorable effects.
  • No rewards are guaranteed by any affiliates or any company official or representatives. Rewards are gained during market fluctuations, and there will be no guarantee, fixed rates, income, proof, warranty, or warranty for gains for any returns.
  • GGO is entitled to change this contract anytime. GGO will announce the changes in favour 1 week prior to the update.

    Conditions for using all GGO Platforms.

  • You must be at least eighteen years old
  • You are eligible to submit your KYC details before using any of the platform services for Technical, Fundamental, Security, and Legal Reasons.
  • Cryptocurrency's legality depends on your Local Country Laws, Rules, Risks, and Decisions, and GGO won't be liable for any decisions carried or brought to light in the future
  • GGO doesn't take any responsibility for any restrictions by local authorities. It'll withhold all the transactions, including credit and debit until the resolution is set forth by the Local Country and Authorities.
  • As cryptocurrencies involve higher risks, you should do your research before depositing, withdrawing, or holding any cryptocurrency, including GGO.
  • Cryptocurrency depends on Volatility, Demand, and Supply and abides by potential risks. Never invest more than you afford to lose.
  • You shouldn't use the platform if you are not accepting the Terms and Conditions.

    Service Usage Guidelines:

    1. Permanent Binding

  • a. These Terms constitute a legal agreement and create a binding contract between you and GGO
  • b. You should constantly comply with the terms of use rendered in this agreement created between you and Platform. Your binding/association with this agreement and compliance starts from the first signup of the Platform, irrespective of any service, products, submissions, or uses in the near future.
  • c. You can access your data anytime you want to by requesting/ contacting the support team on the Platform anytime.
  • d. You can request to remove your data prior by giving 30 days' notice to the concerned department by stating "Removal of Data" to the internal support team within the Platform.

    2. License

  • a. GGO grants you a revocable, limited, royalty-free, non-exclusive, non-transferable, and non-sublicensable license to access and use GGO Services through your Computer, Mobile, Tablet, Internet Capable Devices, or other devices where GGO and its services are available for Operations.
  • b. All the above actions are prohibited and constitute a material violation of these Terms. The content layout, format, function, and access rights regarding GGO Services should be stipulated at the discretion of GGO, which reserves all rights not expressly granted in these Terms. Therefore, you are prohibited from using GGO Services in any way not expressly authorized by these Terms.
  • c. These terms only grant you a limited license to access and use GGO Services. Therefore, as a result of this, you agree that when you accept GGO Services, GGO doesn't transfer GGO Services or the Ownership of intellectual property rights of any GGO intellectual property to you or anyone else. All the text, graphics, user interfaces, visual interface, photos, sounds, processes, flows, diagrams, content, context, computer code (including HTML code, javascript code, and other programming languages used), programs, software, products, information and documents, as well as the design, structure, selection, coordination, expression, look and feel, and layout of any content included in the Platform or Services provided through GGO, are exclusively owned, controlled and licensed by GGO, or it's members, parent companies, subsidiaries, licensors or affiliates.
  • d. GGO owns any feedback, suggestions, ideas, or other information or materials (from now on, collectively referred to as "Feedback") about GGO or any of its products that you provide through communication via email, calls, messages, or other ways of communication possible. You are now binding to transfer all the rights, Ownership, and interests on the Feedback and all related intellectual property rights to GGO. You have no rights and, at this moment, waive any request for acknowledgment or compensation based on any question, Feedback, answers, or modifications based on Feedback.

The Platform is provided "AS-IS" without any modifications to any standard operating procedures; the user doesn't have any rights on the Platform for any ownership and cannot claim any of the features, products, or operating procedures.

3. Eligibility and Availability:

    By registering to use a GGO Account, you represent and warrant that:

  • a. As an individual, you are at least 18 or are of legal age to form a binding under applicable laws;
  • b. As an individual, legal person, or organization, you have the total legal capacity and sufficient authorizations to enter into these Terms;
  • c. You have not been banned from using any financial instruments like Banking, Current or Financial Accounts, etc.
  • d. You will strictly follow AML/KYC policy before entering the agreement and using the Platform for any service hereunder.
  • e. You do not have an existing GGO Account or any other account linked or associated with GGO Services.
  • f. You are not a resident, located in or otherwise attempting to access the GGO Services or Platform from, or otherwise acting on behalf of a person or legal entity that is a resident or located in a restricted location.

Restricted locations may differ from time to time and ultimately depend on GGO to hold or state the transactions without any notice to any organization, holder, or investors. Restrictions may require a resolution from the Local Government of the Restriction, and GGO is not responsible for any funds or crypto that are on hold until Local Authority Resolution.

GGO may update restricted Locations from time to time and on a case-to-case basis.

4. Registration and Process:

All users must register for GGO Account on our Platform, available on its website at https://gogametoken.com, and its platforms before using GGO Services. When registering a GGO Account, you must provide the information identified and requested by GGO anytime, anywhere, and accept these Terms beforehand, the Privacy Policy, and other GGO Platform Rules and Regulations, Terms and Conditions, and Service Agreements. GGO may refuse, at its discretion, to open a GGO Account for you.

You agree to provide complete and accurate information when opening a GGO Account and agree to timely update any information you provide to GGO to maintain the integrity and accuracy of the information. Each user (including Natural Person, Business, or Legal Entity) may contain a maximum of two accounts at any point during the use of GGO Services.

However, there are no additional automated checks for duplicate accounts. If GGO Security Team finds it, it may suspend all the activities on the Platform without any further or initial notice. GGO shall pause all deposits and withdrawals in that specific account.

5. Fiat and Crypto Payments

GGO constructs and facilitates Fiat and Crypto Payments using its Technology and processes payments via Third-Party Software, Products, Aggregators, Facilitators, and Providers who are not in Control/Custody/Charge of GGO.

The Users are financially and fundamentally responsible for creating payment orders from the UPI, Net Banking, or Debit/Credit Card Option that's given within the Platform using Third-Party Software or Apps.

All GGO Official Payment Methods are recorded within the Website and Platform, and without the consent of the GGO, the User mustn't create payment orders.

This Service financial responsibility starts with the first record of the User's Deposit and continues up to the complete staking or liquidity program until the Performance of Service is Present.

The User shall be officially taking all the risks related to the Payment Methods. GGO is not responsible for any delay or cancellation of financial transactions that the selected payment system may have caused.

6. Pre-Closure of Account:

During the Pre-Closure, the Company shall appoint a Point of Contact for any Communications during the Period.

  • Pre-Closure of any account follows a flexible commitment fee and gas fee numbered upto 65% of Asset Value.
  • Pre-Closure charges are applicable from the date of block creation as displayed for specific blocks within the GGO Platform.
  • The commitment fee ranges from 8% - 29% without a disclosure.
  • GGO shall give no Notice to the user during the Pre-Closure from the GGO and its services.
  • Pre-Closure remarks are applicable from the date of Block Creation as stated in the Platform to the Final Date as remarked in Block Creation.
  • No Negotiation is allowed during the Pre-Closure Process. If anyone, including the user, affiliates, or the employee, is communicated during the Pre-Closure, a Fine of $10,000 is levied for any valid proof.
  • If Pre-Closure is Requested, All Rewards, Interests and Referrals are paused until the user cancels on the Transactions Page.
  • The Pre-Closure Timeline is addressed after 15 Days to 45 Days after successful request creation.

The Deductions of Pre-Closure are as Follows:

  • Gas Fees*
  • Transaction Fees*
  • Bridging Fees*
  • Other Charges & Taxes*

No Affiliates are required to negotiate on behalf of its customers/downlines/investors, as every Account benefitted individually, and the owner is the sole representation of the Account they hold. Users should create no Impersonation, Negotiations, Parody, or Mockery of the Point of Contact, the Affiliates, or the Employees. If GGO finds the same, a Fine totaling $25,000 shall be levied on either party.

Impersonation Liability and Process:

If you’re found impersonating any of the Accounts that are not in relation or doesn’t belong to you or KYC has not been matching to any of your Account. GGO holds the right to Blacklist/Block your Account temporarily until further clarification is received.

7. Staking Programs:

GGO will, from time to time, roll out new and modify existing Staking Programs for Specific Types of Cryptocurrencies, including GGO, to reward its Users with Certain Rules that are bound as per Local Laws, and are credited to respective GGO Blockchain Accounts. When Participating in Staking Programs, you should note that:

  • Unless otherwise stipulated by GGO, Staking Programs consist of Burning Tax, Gas Fees, and Additional Taxes and Charges. Users may get these notifications during the Platform Usage, determined during the Market Risk-Reward Ratio, and are not controlled/owned by GGO or Holder.
  • GGO does not guarantee Users' proceeds under any Staking Program;
  • Staking Programs are not granted for free.
  • GGO has the right to terminate and initiate any Staking Program for any Virtual Digital Asset or modify rules on such program in its sole discretion;
  • Users shall ensure that sources of Virtual Digital Currencies they hold in GGO are legal and compliant and undertake to observe laws and regulations. Otherwise, GGO has the right to take the necessary steps.
  • GGO has the right to take necessary steps following these Terms or GGO Platform Rules, including, without limitation, freezing GGO Accounts or deducting the Digital Currencies awarded to Users who violate the rules of respective Staking Programs.
  • All the rewards are positioned in respective coins/ tokens and are naturally dependent on the Market Ratio, Blockchain Hash Rate, Speed of Execution of Transactions, Minting of tokens/Coins, etc.
  • Rewards cannot be transferred, transmitted, receivable, or converted by any user.
  • Rewards Generation is the Ownership of the Token/Coin Holder.
  • No Rewards are Granted for Free.
  • Rewards are generated in the form of Coins/Tokens, and GGO may display the same in various currencies selected by the user during platform operations.
  • GGO Platform is a complete market-dependent crypto volatile segment and provides no guarantee on the rewards generated during the Lock-in period for every user.
  • Rewards are generated in the form of Coins/Tokens, and the GGO Platform shall make it easier for you to recognize them in local currency.
  • Since there is no control over Rewards, the Rewards might vary with huge upside and downside without any guarantee.
  • Rewards are not guaranteed, and is non-committed.

Staking Programs are independent to Crypto and Fiat Transactions.

8. Liquidity:

GGO from time to time shall roll-out Liquidity Plans that are directly interconnected to Crypto and Forex Arbitrages for Specific Types of Cryptocurrencies, that are credited to respective Blockchain Accounts and Bank Accounts.

  • Liquidity Programs are not granted for free.
  • GGO doesn’t gaurantee any User Proceeds under any Liquidity Programme.
  • Additional Rewards shall not be credited to any individual.
  • Liquidity shall take time of 24 hours to 72 hours to reflect in your Bank Account.
  • The Liquidity shall be credited as per the timeline prescribed by the Local Governments and Clearing Houses, and GGO has no connection herewith any transactions that are not in control with the Cryptocurrency.
  • The funds that are displayed in Rewards, Affiliates and Interests are complete responsibility of GGO, irrespective of any deposits or withdrawals that are presented by the holder at that particular point of time.
  • Liquidity is completely operated under GGO PoCS Bridge and is in full-control, authority, transparency and integrity of GGO and it’s fellow Bridged Cryptocurrencies, without any bar.
  • GGO can add/disable liquidity with respective reasons given herein with:

    a. KYC Fraud/Disability

    b. Account’s Mismatch

  • For Instant Bulk Credit, all accounts must follow certain terms and conditions, that are on benefit of the Holder and the Bridge.

    a. ₹25,000 Limit Per Month for One Account (Can be escalated for additional bulk credits On-Demand).

    b. Before placing Instant Bulk Credit, the Account shall have no less than 15 days of Inactivity for any Deposits/Withdrawals, and must place atleast 7 Manual Withdrawals before requesting any Instant Bulk Credit Withdrawals.

    c. At least 5 affiliates must be present to place an Instant Bulk Credit.

  • All the Liquidity Withdrawals shall be processed as per the timelines which can sometimes take upto 1 to 2 weeks.
  • All the Liquidity Withdrawals shall be processed as per the timelines which can sometimes take upto 1 to 2 weeks.

During any Maintenance/Scheduled Repair/Withdrawal Holiday Timeline, the Liquidity requested for Withdrawals shall be automatically reinvested, and with no gaurantee to refund any sort of returns from the GGO.

9. Grievance Officer:

All the disputes, resolutions, and immidieate effective solutions are granted by Grievance Officer appointed by GGO. You can connect with them on the following details:

Name: Sushmitha Thapar

Email: support@gogametoken.com

General Terms and Conditions Update Date: 5th September 2022.