We provide Services and Digital Content which facilitate the swapping of your Altcoins-to-GPC. We do not represent, investigate, or contract on behalf of users. As such, by entering into a transaction with another user via the Services or Digital Content you agree that we are not responsible for and shall not be liable to you, or to any third party, in relation to a transaction, or for any acts or omissions of other users of the Services or Digital Content. You must conduct your own due diligence and enquiries before entering into any transaction with another user.
1.1. What these terms cover. These are the terms and conditions on which we supply products or services to you, whether these are services or any form of digital content for the purposes of swapping to or using Global Power Coin (GPC).
1.2. What these terms do not cover. These terms and conditions do not cover:
1.2.1. GPC themselves or their use other than in connection with the Services and Digital Content; or
1.2.2. Your use of Global Power Coin’s website (including the services made available through it, including the offline & online services).
1.3. Why you should read them. Please read these terms carefully before you use our products, Services or Digital Content. These terms tell you who we are, how we will provide products, Services or Digital Content to you, how you and we may change or end the contract and other important information.
2.1. What is Global Power Company (GPC)? Global Power Company has created a cryptocurrency called “GPC” i.e. Global Power Coin.:
2.1.1. GPC is a type of crypto asset, a cryptographically stored representation of value which uses distributed ledger technology and which can be transferred, stored, traded electronically, or in this case, swapped for other altcoins.
2.1.2. More specifically, GPC is an exchange coin: it is not issued or backed by any central authority and is intended to function as a method of payment.
2.1.3. GPC does not provide their holders with particular interests in any business, nor do they provide rights such as asset ownership, repayment of a specific sum of money or entitlement to a share in future profits.
2.1.4. Other than insofar as they can be used as a means of exchange, GPC may or may not be redeemable for access to any specific goods or services.
2.1.5. GPC does not represent tangible or physical assets that exist outside of the Global Power Company blockchain.
3.1. By using the Services or Digital Content, you confirm that you accept these terms and that you agree to comply with them. If you do not agree to these terms, you must not use the Services or Digital Content.
3.2. You accept and acknowledge that where we make additional functionality available to you through the Web (for example the purchase of third party goods, services or digital content e.g. GetGPC.com) additional terms and/or charges shall also apply, including terms required by third party providers or their agents e.g maintenance per month charges.
3.3 It is a condition of your use of such functionality that you read and accept such third party terms and/or charges and you acknowledge that we have no liability to you in respect of such third party goods, services or digital content which are only made available to you through the Web for convenience.
4.1. Pursuant to our obligations under global anti-money laundering and counter-terrorist financing legislation, we are required to undertake due diligence, source of funds and “know your client” checks on users of the Services and Digital Content. We may use third party providers to assist us with these due diligence checks.
4.2. We will employ various levels of due diligence as may be required by legislation in force from time to time and based on the jurisdiction in which you access the Services and Digital Content and on the value of GPC you propose to swap, hold, and/or transfer.
4.3. You must comply with our due diligence requirements in order to continue using the Services and DigitalContent. If you fail to do so we may withdraw or suspend your right to use the Services or Digital Content without further liability to you.
5.1 If it appears that you are accessing or attempting to access the Services and Digital Content from a country which is, from time to time, designated as a “high-risk third country” by the European Commission or as a “high risk and other monitored jurisdiction” by the Financial Action Task Force (FATF), we may temporarily or permanently withdraw your right to use the Services and Digital Content (or any part of them) without liability to you.
6.1. GPC is a type of crypto asset, more particularly described in clause 2.1 above
6.2. The GPC blockchain is a public ledger of transactions and when you swap/transact with third parties using GPC (or otherwise transfer GPC), users of the GPC blockchain independently verify the validity of your transactions. In doing so the data relating to your transactions, including your public key, is shared with each user of the GPC blockchain.
6.3. We do not control the ongoing state of GPC’s blockchain as this is determined by the transactions made between users. Although we facilitate the processing of these transactions through GetGPC.com via our Services and Digital Content, we are in no way a party to the actual transactions themselves.
6.4. As a company, we do not store, sell, send or receive GPC on behalf of users. The Services facilitate the sending and receiving of GPC between users. We are not responsible (and shall have no liability to you) for issues including (but not limited to) slow network speeds and technical errors within the operation of the GPC blockchain or any node run or maintained by GPC.
7.1. Due to the nature of GPC blockchain, GPC transactions cannot be reversed or cancelled. We will not be responsible for any loss or damage suffered by you for swap transactions executed by you or any third party including (but not limited to):
7.1.1. sending GPC to the incorrect recipient;
7.1.2. sending a recipient the incorrect amount of GPC in respect of any transaction or swapped allocation.
7.1.3. the time take to transmit or receive GPC (because speed & operation of the network is outside of our control); or
7.1.4. any other error.
7.2. Where you avail yourself of additional functionality as set out in 3.2 above, for example the requirements of third party goods, services or digital content, you irrevocably instruct us to send & receive transfers of GPC through your Online Wallet on your behalf for the purposes of meeting your obligations under those transactions and you acknowledge and accept that we have no liability to you in respect of such transactions (including without limitation where you suffer loss or damage as a result of any act or omission by a third party agent and/or provider of goods, services or digital content) and that you are primarily responsible for any additional terms and/or charges imposed by such third party agents and/or providers of goods, services or digital content and you shall hold us harmless in respect of the same.
8.1. Please note that we may apply minor Administration Fees (AX) set out below to any transfer (including the import of GPC from any offline wallet to any online wallet) of GPC, regardless of whether:
8.1.1. the wallet was developed by us;
8.1.2. whether the wallet is an online wallet, an offline wallet or any other type of wallet; or
8.1.3. whether the sending and receiving wallets are controlled by the same or different users.
8.2. Activation of yourself on GetGPC.com is subject to an AX Fee which is set at a minimum of USD 5.00 per month (“Minimum AX Fee”). The AX Fee is based on many factors including the need to maintain servers, number of blockchain inputs, speed of desired transactions on Global Power Coin’s blockchain and the number of splits required to create a transaction of the required size.
8.3. To cover the AX Fee, we will deduct a one-time “Handling Fee” from the swapping user when the sender initiates a transaction on GetGPC.com.
8.4. The Handling Fee is currently estimated at USD 30.00. We reserve the rights to change the Minimum Administration Fee (AX) or the one-time Handling Fee (HF) at any time, and we will communicate changes to users via GetGPC.com before doing so.
8.5. First-time transfers or swaps of GPC will be subject to the sending user having sufficient funds in their wallet to meet the Initial Handling Fee in addition to ongoing maintenance, plus the amount of altcoin you wish to swap into GPC. .
9.1 Although some cryptocurrency exchanges may support trading prices up to 6 decimal places, the Services and Digital Content do not permit you to withdraw / transfer / swap for less than 3 GPC in any single transaction. Kindly note that this is also subject to the Handling Fee and Minimum AX Fee set out in clause 8.
10.1. GPC is traded on cryptocurrency exchanges. GetGPC.com does not trade GPC; we provide facilities by which GPC may be sent, received, and swapped as between users.
10.2. There are many factors that you should consider before swapping to GPC, for example the prospects of price fluctuation, risk to your capital and market illiquidity. Past performance is not an indication of future performance and the value of GPC may go down as well as up.
10.3. Your use of GPC on a cryptocurrency exchange will be subject to that exchange’s terms of service, which is out of our control.
10.4. Although GPC will be listed on various cryptocurrency exchanges, we are in no way affiliated with any one particular exchange.
10.5. We shall be in no way liable for any loss or damage you may incur as a result of your use of cryptocurrency exchanges or engaging in swapping or trading GPC via GetGPC.com.
11.1. GPC is not an investment product or other type of financial instrument.
11.2. Global Power Company (GPC Ltd) itself does not carry out (nor has it ever carried out) any financial services activity.
11.3. The users of GPC coins or the Services and Digital Content do not benefit from protections such as the Financial Services Compensation Scheme or the Financial Ombudsman Service. We do not warrant, represent or guarantee that your use of GPC coins, the Services or the Digital Content is legal, appropriate for use or available in your territory. You are responsible for ascertaining and monitoring the legal status of GPC coins, the Services and Digital Content in your territory and you do this at your own risk.
11.4. To the extent that such laws are adopted from time to time, we will comply with all relevant laws which apply to crypto-assets.
12.1. We make no representation as to the tax status of your use of GPC or the Services or Digital Content.
12.2. You are solely responsible for determining your tax liability in relation to your use of GPC or the Services and Digital Content and must take your own tax and other professional advice in your territory.
13.1. The information provided by us (other than specific technical information) is:
13.1.1. provided in good faith and for general information only. Whilst we take reasonable steps to ensure that it is correct, but we cannot guarantee that it is the most up-to-date information at all times; and
13.1.2. not intended to amount to advice on which you should rely on. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of any information generally provided by us.
14.1 The Services and Digital Content are directed at users aged 13 or older only. Where we have reason to believe you are under the age of 13, we reserve the right to take any of the actions described in clause 27 below.
15.1. When you use GetGPC.com, you will be asked to provide a password. You must keep your password and all other information provided as part of our security procedures safe and confidential. You must not disclose this information to any third party.
15.2. You must use a unique password which you do not use for any other service, product or digital content.
15.3. You are responsible for ensuring and maintaining the security of any device on which you use or access the Services or Digital Content.
15.4. If you know or suspect that anyone other than you knows your username and password, you must promptly notify us at [email protected]
16.1 For security and technical operational purposes, we may in exceptional circumstances need to change your ID and other information. Where we need to do so we will provide you with reasonable notice and you agree to provide us with all reasonable information and assistance in making such changes.
17.1. Where unsolicited transfers via GetGPC.com are made to any Online Wallet or wallet owned or operated by us, we are under no obligation or duty to return such GPC or other cryptocurrency and such funds may be retained, suspended or isolated in some other way at our discretion, pending investigation and/or resolution of the underlying reasons for that unsolicited transfer.
17.2. Where we have reason to believe that an unsolicited transfer of cryptocurrency may involve an attempt to conduct unlawful activities, we will report such transfers to the relevant legal, regulatory or enforcement authorities. We will cooperate with those authorities during any subsequent investigation or prosecution.
18.1. GPC can be stored in Online Wallets, offline wallets and in other types of wallet not developed or provided by us. You can access your Online Wallet via GetGPC.com.
18.2.1. must keep your private keys safe at all times and must not disclose or transfer (or permit to be disclosed or transferred) such keys to any third party than in the course of transferring GPC into an Online Wallet;
18.3. We keep the private keys for your Online profile at GetGPC.com. We endeavour to make all reasonable efforts to maintain the security of your Online Wallet private keys by taking precautions including (but not limited)
18.3.1. encryption of your private spend key within our database;
18.3.2. encryption of the file system on which your encrypted private keys’ access codes are stored; and
18.3.3. firewalling of the access to the encrypted file storage in which your encrypted private keys’ access codes are stored.
18.4. We cannot warrant, represent or guarantee the security of your profile and plans on GetGPC.com. If any third party gains access to your private keys, your GPC may never be recovered.
18.5. You must comply with the 'Getting Started' guidance set out on our website (as amended from time to time).
19.1. We make the Digital Content available for use and download from our website (https://getgpc.com). You must only use the Services or download the Digital Content via this url. Other urls utilized and their outcomes will not be a liability whatsoever for GetGPC.com.
19.2. All Digital Content made available by us online is described as being developed by us. If you wish to download the Digital Content, you should do so only after following links contained on our official website. We do not endorse and are in no way affiliated with any other platforms or software which purport to provide access to, or integrate with, the Services or Digital Content.
19.3. Whilst we make reasonable efforts to get taken down from any malicious fake, scam or cloned mobile applications, software, websites or other content which purports to be affiliated with us, we shall be in no way liable for any loss or damage you may incur as a result of your use or download of such mobile applications.
20.1. In return for your agreeing to comply with these terms you may:
20.1.1. access and use any of the Digital Content on a non-exclusive, non-transferable basis without the right to grant sub-licences; and
20.1.2. use the Services for your own use but not on behalf of any third party, regardless of whether this use is for commercial gain or otherwise.
21.1. Your use of the Digital Content is restricted to use in object code form only.
21.2. You may make copies of the Digital Content for back-up purposes.
21.3. Except as stated in clause 21.2 above or otherwise permitted by law in your jurisdiction,you have no right (and must not permit any third party) to copy, adapt, reverse engineer, decompile, disassemble, modify, adapt, run emulations of, or make error corrections to the Digital Content in whole or in part except to the extent that any reduction of the Digital Content to human readable form (whether by reverse engineering, decompilation or disassembly) is necessary for your lawful use of the Digital Content.
21.4. You must not use GetGPC.com on any device other than a mobile or computer that you trust.
21.5. We permit more than one plan or swap initiation per individual user. You must not register, or attempt to register, for more than one, authentic GetGPC.com profile, however you are free to initiate as many transactions as you would prefer.
22.1. We may provide you free supplementary software code or updates of the Digital Content. If we do so, you must install all such supplementary software code or updates promptly upon release. We cannot ensure the integrity and correct functionality of the Services and Digital Content if you fail to do this.
22.2. We only support the current version of the Digital Content. If we make supplementary software code or updates available to you in order to address security or other issues which we (at our absolute discretion) deem necessary, you must install such supplementary software code or updates.
22.3. If you choose not to install such supplementary software code or updates you will not be able to continue using the Services or the Digital Content via GetGPC.com due to the security risks posed by the use of out-of-date software. You should still be able to access the Services through my.Global Power Coin.com.
22.4. We plan to upgrade our network at least twice per year and may do so more regularly in certain circumstances. Where we do upgrade our network, we will communicate instructions on what users must do to implement updates via our website.
23.1. You are responsible for ensuring that your phone / device meets the minimum operating requirements for the Digital Content. Please refer to the Best Practice guidance set out on our website.
24.1. The Services and Digital Content are provided to you on an “as is” basis. You accept responsibility for selection of the Services and Digital Content to achieve your intended results and acknowledge that the Services and Digital Content have not been developed to meet your individual requirements.
24.2. Due to the nature of software, we cannot warrant that your use of the Services or Digital Content will be uninterrupted or error-free. Whilst we take all reasonable precautions to ensure that the Services and Digital Content are secure, we cannot guarantee that the Services and Digital Content are immune from various forms of attack by malicious third parties.
24.3. During periods of high demand users may experience transaction delays or (in a minority of circumstances) failures. You acknowledge that the Services or the Digital Content may be subject to limitations, delays and other problems inherent in the use of blockchain technology and internet communications facilities.
24.4. We may limit or restrict your access to the Services or Digital Content:
24.4.1. in order to perform maintenance, updates or improvements;
24.4.2. subject to GPC balance limits and anti-money laundering due diligence checks in accordance with clause 4; or
24.4.3. otherwise in accordance with legislation in force from time to time.
24.5. To the extent permitted by law, we exclude all conditions, warranties, representations or other terms which may apply to these terms, the Services or the Digital Content, whether express or implied.
25.1. You must use the Services and Digital Content only for lawful purposes. You must not use the Services or Digital Content:
25.1.1. In any way that breaches any applicable local, national or international law or regulation.
25.1.2. In any way that is unlawful or fraudulent, or has any unlawful or fraudulent purpose or effect.
25.1.3. For the purpose of harming or attempting to harm any one in any way..1.4. To transmit, or procure the sending of, any unsolicited or unauthorised advertising or promotional material or any other form of similar solicitation (spam).
25.1.5. To knowingly transmit any data, send or upload any material that contains viruses, Trojan horses, worms, time-bombs, keystroke loggers, spyware, adware or any other harmful programs or similar computer code designed to adversely affect the operation of any computer software or hardware.
25.1.6. To attempt to hack GetGPC.com (or GPC greater than the balance in your Online Wallet) or any other cryptocurrency.
25.1.7. Otherwise than in accordance with generally accepted cryptocurrency industry good practice.
25.2. You also agree not to access without authority, interfere with, damage or disrupt:
25.2.1. any equipment or network on which the Services or Digital Content are stored or installed;
25.2.2. any software used in the provision of the Services or Digital Content; or
25.2.3. any equipment or network or software owned or used by any third party.
25.3. Where your use of the Services and Digital Content is unlawful we will report such activities to the relevant legal, regulatory or enforcement authorities. We will cooperate with those authorities during any subsequent investigation or prosecution.
26.1. Nothing in these terms shall limit or exclude our liability for:
26.1.1. death or personal injury caused by our negligence, or the negligence of our employees, agents or subcontractors (as applicable);
26.1.2. fraud or fraudulent misrepresentation; or
26.1.3. any matter in respect of which it would be unlawful for us to exclude or restrict liability.
26.2. Except to the extent expressly stated in these terms, all terms implied by statute, common law or otherwise are excluded, including implied conditions, warranties or other terms as to satisfactory quality, fitness for purpose or the use of reasonable skill and care.
26.3. Subject to clause 26.2: we shall not be liable to you, whether in contract, tort (including negligence), breach of statutory duty, or otherwise, for any loss of profit, or any indirect or consequential loss arising under or in connection with your use of the Services or Digital Content.
26.4. Where there is any dispute between you and another user, we may (in our absolute discretion) provide such assistance to you as we consider to be reasonable in the circumstances, but we will not be responsible for resolving or mediating such dispute. Any such disputes must be taken up by you with the relevant user who is directly responsible to you for such matters.
26.5. We assume no general or specific care duty (whether fiduciary or otherwise) towards you except as specifically set out in these terms and conditions.
27.1. In this clause, “Intellectual Property Rights” means all patents, utility models, rights to inventions, copyright and related rights, trademarks and service marks, trade names and domain names, rights in get-up, goodwill and the right to sue for passing off or unfair competition, rights in designs, rights in computer software, database rights, rights to preserve the confidentiality of information (including know-how and trade secrets and any other intellectual property rights, including all applications for (and rights to apply for and be granted), renewals or extensions of, and rights to claim priority from, such rights and all similar or equivalent rights or forms of protection which subsist or will subsist, now or in the future, in any part of the world.
27.2. You acknowledge that all Intellectual Property Rights in the Services and Digital Content, supplementary software code or updates to it belong and shall belong to the Group, and you shall have no rights in or to the Services and Digital Content other than the right to use them in accordance with these terms.
28.1. These terms (as updated from time to time) apply for as long as you use the Services or the Digital Content.
28.2.1. Immediate, temporary or permanent withdrawal of your right to use the Services and Digital Content (or any part of them).
28.2.2. Issue of a warning to you.
28.2.3. Legal proceedings against you for reimbursement of all costs on an indemnity basis (including, but not limited to, reasonable administrative and legal costs) resulting from the breach.
28.2.4. Further legal action against you.
28.2.5. Disclosure of such information to law enforcement, regulatory or other authorities as we reasonably feel is necessary or as required by law.
28.3. We may also take the actions outlined in clause 28.2 above:
28.3.1. pursuant to any ruling, order or instruction from any relevant legal, regulatory or other enforcement authority or
28.3.2. following any change in the laws or regulations in your territory which renders the supply of Services or Digital Content to you unlawful.
28.4. We may suspend your online profile on GetGPC.comt:
28.4.1. pursuant to any ruling, order or instruction from any relevant legal, regulatory or other enforcement authority
28.4.2. if you are located in a country which is designated from time to time as a “high-risk third country” by the European Commission or as a “high risk and other monitored jurisdiction” by the Financial Action Task Force (FATF);
28.4.3. if you are identified on the HM Treasury Financial Sanctions Consolidated List (as amended or updated from time to time);
28.4.4. if we reasonably consider you to be a Politically Exposed Person as defined by financial enforcement authorities;
28.4.5. if you fail to disclose mandatory information which we require to perform due diligence checks on you in accordance with our obligations under applicable anti-money laundering legislation;
28.4.6. following any change in the laws or regulations in your territory which renders the supply of Services or Digital Content to you unlawful; or
28.4.7. as otherwise required by law.
28.5. On termination of your access to the Services and Digital Content (whether at your discretion or pursuant to these terms and conditions):
28.5.1. all rights granted to you under these terms shall cease;
28.5.2. you must cease all activities authorised by these terms; and
28.5.3. you must immediately destroy or return to us all copies of the Digital Content then in your possession, custody or control.
28.5.4. we shall not be obliged under any circumstances to purchase any amount of GPC still held by you.
28.6. Any provision of these terms that expressly or by implication is intended to come into or continue in force on or after termination of your access to the Services or Digital Content shall remain in full force and effect. Your obligations to us will continue and our limitations of liability will continue to apply as set out in these terms and conditions.
29.1 We may make changes to these terms or to the Services or Digital Content from time to time to reflect changes to users’ needs and our business priorities. We will try to give you reasonable notice of any major changes via our official website and/or social media channels, or directly (as we determine at our absolute discretion).
30.1. The ways in which you can use the Services and the Digital Content may also be controlled by the rules and policies of other service providers.
30.2. Where other rules and policies do apply, such other rules and policies will take precedence in the event of a conflict with these terms.
31.1 We will use the personal information you provide to us in accordance with our Privacy and Cookies Policy.
32.1. We provide or make available the following services and digital content for facilitating the sending and receiving of GPC:
32.1.1. GetGPC.com services, developed by Global Power Company (GPC) that holds exclusive rights over crypto-asset known as Global Power Coin (GPC). The Online Wallet is any other wallet storage mechanism developed by Global Power Coin and which does not constitute an offline wallet; and
32.1.2. The GetGPC website is developed and provided by Global Power Coin. This portal is available for Android and iOS devices non-natively however responsive, together with third party services that complete the GetGPC.com offering to its users.
Together referred to as the “Services and Digital Content”.
32.2. The Services and Digital Content are provided to you:
32.2.1. “As is” (without modification as a standard offering which is not bespoke to your requirements);
32.2.2. “As available” from time to time: we do not guarantee the continuity or availability of the Services or Digital Content which may be suspended or withdrawn in whole or in part at its absolute discretion;
32.2.3. Presently without charge to you (subject to clause 8), however the we reserve the right to apply charges in respect of future use and/or access to any updated Services or Digital Content that it makes available from time to time; and
32.2.4. Strictly on the basis that your use of the Services and Digital Content is at your risk and that you agree to hold us harmless from any liability in relation to your use of the Services and Digital Content, for example if your GPC is rendered inaccessible as a result of your non-compliance with these terms and conditions as a result of which we suspend, limit or withdraw your access to the Services and Digital Content in accordance with clause 28.4; if there is an issue with the GPC blockchain which is outside of GetGPC.com’s control; or if your access to your GPC is delayed for any regulatory or other reason.
33.1. “Writing” includes emails. When these terms use the words “writing” or “written” in these terms, this includes emails.
33.2. References to clauses. References to clauses are to clauses of these terms.
33.3. Clause headings. Clause headings do not affect the interpretation of these terms.
33.4. We are not responsible for events outside our control. If the provision of the Services or the Digital Content is delayed or prevented by an event outside our control then we will review the position and take such steps that we consider to be reasonably practicable in order to minimise the effect of the delay. Provided we do this we will not be liable for delays caused by the event.
33.5. We may transfer this agreement to someone else. We may transfer our rights and obligations under these terms to another organisation. We will always use our reasonable endeavours to notify you of this in writing if this happens.
33.6. You need our consent to transfer your rights to someone else. You may not transfer your rights or your obligations under these terms to another person unless we specifically agree to this in writing.
33.7. We may use trusted independent subcontractors to provide parts of the Services and Digital Content. However if we do so we will remain responsible for their acts and omissions at all times.
33.8. We are not your partners or agents. Nothing in these terms is intended to, or shall be deemed to, establish any partnership or joint venture between us and you, constitute either us or you as the agent of any other party, or authorise us or you to enter into any commitments for or on behalf of any other party.
33.9. Nobody else has any rights under these terms. This contract is between you and us. No other person shall have any rights to enforce any of its terms.
33.10. If a court finds part of these terms illegal, the rest will continue in force. Each of the clauses of these terms operates separately. If any court or relevant authority decides that any of them are unlawful, the remaining paragraphs will remain in full force and effect.
33.11. Even if we delay in enforcing these terms, we can still enforce it later. If we do not insist immediately that you do anything you are required to do under these terms, or if we delay in taking steps against you in respect of your breaking this contract, that will not mean that you do not have to do those things and it will not prevent us taking steps against you at a later date.
33.12. These terms may be translated into languages other than English. In the event of any conflict in interpretation (in a legal sense) between translated versions of these terms, the English language version shall prevail.