Faith Farming Land Terms & Conditions
Thanks for your interest in Faith Farming by Faith Protocol. We request that you read carefully the Terms of Service. By accessing and utilizing our platform, you state that you comprehend and accept these Terms & Conditions. If you do not agree with anything stated herein, it is best to cease usage right away.
1. Definitions
- The "Platform" is synonymous to Faith Farming, available at faithfarming.com website.
- "User" refers to any person or entity accessing and/or engaging with the platform.
- "Virtual Land" defines land parcels within the Faith metaverse or Faith meta Land that can be purchased, developed and sold. These digitized parcels of metaverse based real estate are available for acquisition, development, and transactional engagement.
- "Tokens" are digital assets that are used for utility, governance, and economic elements.
- "Staking" is the term used for locking digital assets on the platform for earning yield.
- "Referral Program" is an incentivization mechanism that allows rewarding users who transact with new users through sign-ups.
2. Eligibility
- Users should be 16 years of age or older depending on local laws pertaining to virtual assets & country to country.
- By navigating to Faith Farming, you confirm that you will obey all applicable national, regional, and international laws regarding virtual dealings.
- Makes one hundred users personally obligated to ensure appropriate legal due diligence around participating in blockchain activities within their jurisdictions.
3. Ownership & Transactions of Virtual Land
- Finality of all transactions in land purchases is guaranteed. Allowing neither restorability nor refund.
- Land that is non-transferable does not allow its initial holder to sell or transfer it within the marketplace.
- Land that is transferable allows users to trade it on a secondary market, lease it, or trade it with other participants in the Faith Farming ecosystem.
- Faith protocol can, with discretion, change the pricing of assets based on prevailing algorithmic assessments of supply and demand.
- Land transactions that occur off-platform are considered outside the control of Faith Protocol, and are done at the discretion of the user, which deploys a risk.
4. Farming & Earning
- Users are permitted to engage in the cultivation of virtual land, tokenized trading, and earn passive income by leasing out virtual land.
- The ability to earn is highly responsive to market dynamics, participation of users, and economic policies of the platform.
- Faith Farming does not guarantee the consistency or reliability of income earned.
- The bearing of any changes in the value of assets is herein placed upon the constituents, together with decisions taken over the ecosystem, which be strategically allocating assets.
5. Token Usage & Transactions
- All transactions and activities within Faith Farming are conducted using. the currency termed: Faith Tokens (FAITH)
- As for tokens, they will be utilized to acquire land, stake assets, trade with users, and purchase upgrades.
- There is token related risks such as volatile markets, speculative swings, and liquidity shortage.
- Users must adopt cyber protection steps, as these measures carefully manage the risk associated with digital assets.
6. User Conduct
- The activities of system manipulation, exploitative actions, or unpermitted transactional interference are classified as strictly prohibited.
- Breaches of any kind, including and not limited to, fraud, bot-assisted automation, or multi-account farming will result in immediate suspension of the account.
- Discretionary punitive takedown actions including permanent account termination and legal action can be exercised by Faith Protocol without prior notice.
7. Risk Disclosure
- Users acknowledge and understand that the estimation in the value of digital assets is fundamentally high-risk, undefined, volatile, and subject to uncontrollable market forces.
- Shifts in the macro-economic landscape, system weaknesses, or unexpected technological changes does not fall under the fiduciary duty of Faith Protocol, leading to financial loss.
- Individual risk appetite assessment prior to any economically engaging activity on the platform is up to the user.
8. Refund & Cancellation Policy
- User dissatisfaction is not a basis for reversal of any transactions done on Faith Farming as they are non-reversible with no refund program.
- Confirmed purchases on the Blockchain are void of changes post-confirmation.
- The transaction verification process is stunningly thorough and ensures that users show due diligence and extreme attention to detail.
9. Privacy & Data Protection
- Faith Farming commits to protect applicable data protection regulations by abiding to their policy on collecting data known as The Privacy Policy.
- Without explicit consent from users, non-identifying personal details will never be shared with third parties.
- Platform usage implies consent to behaviorial and data analytics tracking, as well as algorithmic evaluation for enhancement purposes.
10. Amendments and Updates
- Faith Protocol reserves the sole right to unilaterally add, modify, or change these Terms and Conditions at any given point.
- Use of the platform after the changes have been made is considered acceptance of the updated Terms and Conditions.
- Users should check policy updates regularly to ensure compliance with the policies.
11. Contact and Support
- Users who need help should send any questions on Telegram, which can be reached via the footer of the website.
- Participating in any capacity in Faith Farming indicates you have read the entire Terms and Conditions and consent to them unconditionally.