This Agreement is entered into between you (hereinafter referred to as “Member”) and Ommyo.net By accessing, downloading, using or clicking on “I agree” to accept any Services provided by OMMYO (as defined below), you agree that you have read, understood and accepted all of the terms and conditions stipulated in this Agreement. This Agreement comprises this Service Agreement and incorporates by reference the attached Code of Conduct and Social Media Guidelines, all of which together comprise this Agreement (hereinafter referred to as “Agreement”). OMMYO has agreed to provide services to the Member on the terms and conditions set out in this Agreement, and Member considers that Ommyo has the proper and necessary qualifications, experience and abilities to provide services to Member. Therefore, in consideration of the matters described above, the receipt and sufficiency of which consideration is hereby acknowledged, the Member and Ommyo agree as follows:
Ommyo is to provide the Member with the following services (the “Services”):
Subject to the terms of this Agreement, these terms and conditions will remain in full force and effect until the completion of the Services.
Member understands that the cryptocurrency exchanged for OUSD is the exclusive property of Ommyo, and Member is only entitled to the membership and has no further entitlement to the original cryptocurrency exchanged for OUSD.
The Membership is on a best effort basis and, like any project, there is a risk of loss of all funds and rewards. The world of cryptocurrencies is highly volatile, can involve risk of loss, and may not be suitable for all persons. Risks include but are not limited to: market risks, system risks, cybersecurity, transaction processing risks, regulatory risks, trading risks, risks or mistakes made by yourself, business failure, and others. Opinions, market data and recommendations are subject to change without notice. Past results are not indicative nor a guarantee of future performance. OMMYO seeks to mitigate risk by exclusively accepting USDT (Tether) as payment for membership. USDT (Tether) is considered a “stable coin” and historically has not been subject to the market volatility found with other cryptocurrencies. There is no recommendation by OMMYO to acquire any membership, product or service. Members make their own decisions, based on Member's own due diligence. OMMYO recommends each Member seek the advice of a suitably qualified professional before deciding, if Member is unsure.
By registering to use a Ommyo.Net, or OMMYO Metaverse Account, Member represents and warrants that (i) as an individual, Member is at least 18 or is of legal age to form a binding contract under applicable laws; (ii) as an individual, or legal person, Member has full legal capacity and sufficient authorizations to enter into these Terms; (iii) Member takes responsibility and has determined that the acquisition of this membership is lawful in the country or territory in which the Member resides, and holds OMMYO harmless for its decision to acquire this membership; (iv) Member has not been previously suspended or removed by OMMYO for cause; (v) Member’s use of OMMYO’s Services will not violate any and all laws and regulations applicable to Member; (vi) Member warrants that they have not and will not accept fiat currency for the purpose of providing USDT to someone else’s membership account; (vii) if at any time OMMYO discovers that Member is in violation of AML/CTF or other applicable laws, access to membership Rewards account may be restricted or blocked indefinitely or terminated, and Member may be reported for both criminal and civil penalties.
At the exclusive discretion of Ommyo, Members may be required to provide KYC information to Ommyo including but not limited to passport or national identity, photograph, date of birth, or other forms of identification. Members may also be required to provide information related to the source of the cryptocurrency used to exchange for the OUSD used to acquire the membership. Members also understand that optional services may and often do include separate KYC information and additional details.
The acquisition of a membership from Ommyo shall be with full acknowledgement that OMMYO’s activities are on a best-efforts basis and past performance is not a guarantee of future performance. Members understand that OMMYO’s blockchain activities include multiple sources of revenue, historically generating in excess of the minimum of 0.3% per day per membership Rewards expected by Member. In the event that such activities by Ommyo fail to produce the minimum of 0.3% per day per membership Rewards expected by Member, Ommyo will ensure membership Rewards expectations are met by liquidating digital portfolios of Ommyo in excess of 100,000,000 USD as and when OMMYO deems it necessary to meet such shortfall.
Each party is acting independently under this Agreement. There is no employer / employee relationship. The parties agree that this Agreement does not create a joint venture or a partnership between them.
All OMMYO notices or updates or requests pertinent to the terms of this Agreement, including any required revisions, and/or enforcement action will be given in writing and delivered to the Member electronically via email address registered with OMMYO or in the back office of Ommyo’s membership site, or both, at OMMYO’s discretion. A general notice in Ommyo’s back office as provided to each member is considered as a personal notice to the Member. All of Member’s notices or requests or responses to Ommyo will be given in writing in English, and delivered to OMMYO at support@Ommyo.Net
No extension or variation of this Agreement will operate as a waiver of this provision. Time is of the essence in this Agreement.
Members understand that once cryptocurrency has been sent to their Member wallet address provided by OMMYO, and exchanged for OUSD, no refund is possible. Membership Rewards will be earned in accordance with this Agreement. Deposit of USDT to Member’s wallet address provided by OMMYO is acknowledgement of the nonreversible nature of that exchange and cannot be reversed.
This Agreement contains the entire Agreement and understanding by and between the Member and Ommyo and no representations, warranties, promises, agreements or understandings, written or oral, not herein contained shall be of any force or effect
This Agreement and the performance under this Agreement and all suits and special proceedings under this Agreement, shall be held and construed in accordance with and governed by the laws of the United Arab Emirates and Seychelles.
OMMYO may revise its corporate structure from time to time, and at its own sole and exclusive discretion assign the performance and fulfillment of some or all of the Services under this Agreement to another company under this group, whether education, rewards or otherwise. If Member is unhappy with such changes, Member may simply cease doing any rebuys and cease to be a member following the receipt of its last membership reward under this Agreement.
The provisions of this Agreement shall be deemed severable, and the invalidity or unenforceability of any one or more of the provisions hereof shall not affect the validity and enforceability of the other provisions hereof.
This Code of Conduct is an integral part of this Service Agreement, and Members understand that any breach of this Code of Conduct is considered as a breach of this Service Agreement and can result in disciplinary action or even termination.
As a member of Ommyo Community and as a user of Ommyo.Net or OMMYO Metaverse membership platform who is sharing the benefits of Ommyo’s growth, there are some standards that the Member must uphold as a member of the platform and community. OMMYO has a commitment to innovate the blockchain industry, build great products and services, and attract loyal users. Respect for our users, for the opportunity, and for each other are foundational components to our success, and this is something we need to support every day.
Who Must Follow Our Code?
All members of Ommyo Community who have either acquired an initial membership or a rebuy must follow this Code of Conduct.
Our reputation as a company that people can trust is by far our most valuable asset. It is up to the community and our team to ensure that we continually earn that trust. If there is any suspicion of wrongdoing amongst our community members such as poaching members, defamation, fraud or deception, money laundering, stacking of memberships to capture accelerated rewards to the detriment of the sponsor tree, abuse or other acts that violate laws or violation of best practices in the community toward our members and corporate team, we call upon the community members to inform Ommyo to help us uphold the highest integrity. If any such wrongdoing exists, and the Member has failed to maintain integrity, Members may have their account restricted until such activity is investigated and rectified.
For those who are building a community or inviting other members to the opportunity, it is absolutely forbidden to pose as Ommyo or to use any of Ommyo’s trademarked or copyrighted marketing materials, logos, or support channels to promote other businesses or to use any of Ommyo’s trademarked or copyrighted marketing materials or logos in unapproved marketing efforts without express permission from OMMYO. Members understand and agree that it will never use Ommyo.Net, or OMMYO Metaverse Trademark or copyrighted materials, logos or other materials.
Anyone found in violation of the above will receive one warning and any subsequent offenses may result in a permanent ban from Ommyo’s support channels and membership and/or appropriate legal action, depending on the severity of the offense.
For those who are building a community and seeking to rise in the ranks of OMMYO, it must be clearly understood that the ranks of OMMYO Pool are accelerated rewards for building the Community. It is an abuse of the rewards plan to use your own multiple accounts to qualify for any of these ranks from Ommyo. Such use of your own accounts clearly is not building the Community, and Members can have no legitimate expectation of receiving Community building rewards for activity that is not actually community-building. It is also a clear standard in the networking community that if a member stacks multiple accounts beneath that member that are only theirs, they are earning rewards on themselves and they are depriving those above their original position of rewards that should be going to those uplines as accelerated rewards. It must be understood that anyone abusing the rewards plan with multiple accounts, either for the purpose of qualifying for rank in whole or in part, or stacking multiple memberships under their original membership, is violating this Code of Conduct and Service Agreement and any additional financial benefits should be returned to Ommyo. Also, multiple positions will be collapsed into a single original position owned by Members.
Our community members who are actively benefiting from Ommyo.Net, or OMMYO Metaverse platform are to uphold the Code of Conduct and are forbidden from publicly sharing any misleading or defamatory remarks about OMMYO, OMMYO Community, or any other companies/platforms. This constitutes fair warning to all of our active and paid members.
Anyone found in violation of the above will receive one warning and a temporary account suspension for 1 week. A repeat offense will result in account termination without warning.
Anti-money Laundering and Counter-terrorism Financing (AML/CTF)
For the avoidance of doubt, if an account is suspended, it will mean
that the Member will not be able to withdraw or to make rebuys Under the current plan.
If an account is terminated, it will mean that the Member’s conduct has breached this Agreement, and all un-accrued benefits of membership, including any remaining payment of membership rewards, will be forfeited by the Member.
Conclusion: We at Ommyo.Net, or OMMYO Metaverse rely on our Community’s and our corporate team’s good judgment to uphold a high standard of integrity for ourselves and for Ommyo. We expect all of our corporate team and our Community members to follow the Code of Conduct to the letter. We do understand that sometimes, doing the right thing is not an easy call, so if you are unsure of what to do or need some guidance, please do not hesitate to consult our Community members or the management team for more clarity. The Compliance Office is also available for advice and questions.
These Social Media Guidelines are an integral part of this Service Agreement, and Member understands that any breach of these Social Media Guidelines is considered a breach of this Service Agreement and can result in disciplinary action or even termination.
We at Ommyo.Net, or OMMYO Metaverse are committed to ensuring our community builders are successful and providing the resources they need. When joining our community as a community builder, it is absolutely imperative to ensure that everything you are saying on social media is accurate and properly represents Ommyo.Net, or OMMYO Metaverse.
To that effect, we have created these simple guidelines for everyone to help you and every member to grow the community effectively and in a compliant manner.
-Share your referral link or company-provided website with your social media contacts in private messages ONLY;
-Refer to our official channels for message guidance;
-Invite your social media contacts privately to our approved Corporate Presentations;
-Answer legitimate questions (provided you know the answer) using the correct terminology for Ommyo.Net.
-Utilize your referrer or an Expert or above rank in your line of referral in Ommyo.Net, to answer questions.
-Refer to official guidance if you are in any way unsure;
-Direct people to official OMMYO Community channels, presentations and FAQs if required.
-Study Ommyo’s official presentations and use official materials and the precise language approved by Ommyo to describe Ommyo and the associated companies of the Group.
-Make any public presentations without first being approved by the Office of Compliance of OMMYO, and only by using OMMYO’s pre-approved Standard Presentation materials.
-Impersonate Ommyo.Net, its Affiliates or Clients trademark, name, logo or other official representations;
-Share unofficial marketing materials or posts on social media outside of the official Facebook and Telegram Groups (without explicit written permission from OMMYO);
-Use Ommyo’s brand or logo in profile imagery (without explicit written permission from OMMYO);
-Use Ommyo’s brand, name or logo on personal social media accounts, personal web domains, OR hosted group chats (without explicit written permission from OMMYO);
-Post or make income claims of any kind;
-Allow abusive or defamatory comments on your posts;
-Post misleading or inaccurate information;
-Post defamatory comments about Ommyo.Net, or OMMYO Metaverse or its Affiliates
-Promote products from a rival organization to known affiliate partners;
Please take action as soon as possible if necessary.
The publication of this Agreement constitutes fair warning to all OMMYO Community/Ommyo.Net or OMMYO Metaverse Community Builders who are in current violation of these guidelines. Members must take immediate action to rectify any shortcomings or violations.
Anyone found in violation of these rules relating to Social Media by our Compliance team or other affiliates may be subject to warning and subsequent termination or blacklist upon repeat violations.
Now that you know what to do and what not to do, it’s time to get out there and use social media in a clean and effective way to help us build the world’s strongest blockchain community.
All of the above Service Agreement, Code of Conduct, and Social Media Guidelines comprise the Agreement, effective as stated.