General Conditions of Use (GCU)

Virgo SASU (“Virgo,” “we,” “us,” or “our”) is a software development company in the crypto-currency sector, with a focus on utilizing decentralized technologies. Virgo hosts a website, www.virgo.net, that serves information regarding Virgo and our products and services (collectively, the “Offerings”), as well as sub-domains for our products or services, which include text, images, audio, code and other materials or third party information.

These Terms of Use (the “Terms,” “Terms of Use” or “Agreement”) contain the terms and conditions that govern your access to and use of the Site and Offerings provided by us and is an agreement between us and you or the entity you represent (“you” or “your”). Please read these Terms of Use carefully before using the Site or Offerings. By using the Site, clicking a button or checkbox to accept or agree to these Terms where that option is made available, clicking a button to use or access any of the Offerings, completing an Order, or,  if earlier, using or otherwise accessing the Offerings (the date on which any of the events listed above occur being the “Effective Date”), you (1) accept and agree to these Terms and any additional terms, rules and conditions of participation issued by Virgo from time to time and (2) consent to the collection, use, disclosure and other handling of information as described in our Privacy Policy. If you do not agree to the Terms or perform any and all obligations you accept under the Terms, then you may not access or use the Offerings.


The Offerings

Generally. You may access and use the Offerings in accordance with this Agreement. You agree to comply with the terms of this Agreement and all laws, rules and regulations applicable to your use of the Offerings.

Offerings and Access. Virgo offers a number of Offerings under the Virgo brand or brands owned by us. Offerings are generally accessed through the Site or through a third party provider of which we approved, such as the Play Store. Some Offerings may require you to create an account with Virgo.

Third-Party Content and Services. In certain Offerings, including Virgo Swaps, Virgo Staking, and Virgo Wallet, you may view, have access to, and may use the informational content, products, or services of one or more third parties (“Third Party Content” and “Third Party Services” respectively).  In each such case, you agree that you view, access or use such content and services at your own election.  Your reliance on any Third Party Content and use of Third Party Services in connection with the Offerings is governed on one hand by this Agreement but, on the other, will also generally be subject to separate terms and conditions set forth by the applicable third party content and/or service provider.  Those terms and conditions may involve separate fees and charges or may include disclaimers or risk warnings about reliance on or the accuracy of any information.  Such terms may also apply a privacy policy different than that which Virgo maintains and incorporates into this Agreement.  It is your responsibility to understand the terms and conditions of Third Party Services, including how those service providers use any of your information under their privacy policies.

Third Party Content and Third Party Services are provided for your convenience only.  We do not verify, curate, or control Third Party Content.  We do not control Third Party Services.  As a result, we do not guarantee, endorse, or recommend such content or services to any or all users of the Offerings, or the use of such content or services for any particular purpose.  You access, rely upon or use any Third Party Content or Third Party Service at your own risk. Virgo disclaims all responsibility and liability for any Losses on account of your reliance upon or use of such content or services.  We have no responsibility for Third Party Content that may be misleading, incomplete, erroneous, offensive, indecent, or otherwise objectionable to you or under the law in your jurisdiction.  The choice to rely on Third Party Content or to use a Third Party Service is your own, and you are solely responsible for ensuring that your reliance or use is in compliance with all applicable laws. Dealing or correspondence with any third party that provides such content or services is solely between you and that third party.  We reserve the right to change, suspend, remove, disable, or impose access restrictions or limits on the use of any Third Party Service at any time without notice.

Airdrop in the Virgo Wallet App

Virgo periodically offers its users opportunities to participate in crypto-currency airdrops. These airdrops are free distributions, decided by Virgo, of defined amounts of specific crypto-currencies. Users can join the airdrop by entering their username X (formerly Twitter) in the app and interacting with the airdrop post on the specified social network, usually by retweeting and liking it. Specific details, including the conditions of participation, the duration of the airdrop and the amount of crypto offered, are clearly communicated in the app to enable users to participate easily and transparently. At the end of the airdrop period, a draw is made among the participants. Each user has an equal chance of winning, with a probability of 1 over the total number of participants. Please note that a user can only win one prize per airdrop.

Each airdrop offered in Virgo Wallet is subject to specific conditions. To ensure maximum fairness, each individual is limited to one entry per airdrop. Virgo Wallet reserves the right, at its discretion, to exclude from the draw any entry deemed suspicious or in breach of the defined conditions. This may include the exclusion of any person identified as having submitted multiple entries, using multiple IP addresses, or having associated accounts deemed to be in violation of the airdrop rules. These exclusions are based on data collected by Virgo Wallet, such as IP addresses, associated accounts, or other relevant information. The aim is to guarantee the integrity of the draw process and ensure a fair environment for all participants.

Collection of Personal Data: Virgo may collect certain personal data from users, such as username on X (formerly Twitter), the various addresses that make up your account, and IP address in connection with specific programs such as crypto airdrops. This information may be collected to facilitate the distribution of airdrops or for other promotional activities.

Account creation

To access Virgo Wallet services, users have two options for creating an account:

Seed Phrase Import: Users can import an existing seed phrase from a compatible wallet to create and access their Virgo Wallet account.

New Seed Phrase Creation: Users can generate a new secure seed phrase via Virgo Wallet to create a new account.

Security Requirements:

Strong Passwords: Once an account has been created (either by importing or by creating a new seed phrase), users are encouraged to add an extra layer of security by setting a strong password to access their account. This password must be strong, with a combination of special characters, upper and lower case letters, and numbers.

Data Security: Virgo is committed to ensuring the security of user data. Appropriate security measures are in place to protect sensitive information and prevent unauthorized access.

Users are strongly advised to keep their seed phrase and password in a safe and confidential place. Virgo will not be held responsible for any losses resulting from mismanagement of this confidential information.

Using the Application

Prohibited Behaviors: The use of Virgo services and applications is subject to specific rules and restrictions. The following behaviors are strictly prohibited:

  • Using the application for illegal or fraudulent purposes.
  • Attempting unauthorized access to other users' accounts or data.
  • Altering, disrupting, or compromising the security of the application.
  • Using Virgo for activities that may harm the company or other users.

Copyright and Intellectual Property: Users must respect Virgo's copyrights and intellectual property. Copying, reproducing, distributing, or unauthorized use of any content, logo, trademark, or any other element protected by Virgo's intellectual property rights is prohibited.

User Responsibility: Users are responsible for their conduct while using the application. They must refrain from any harmful actions or actions contrary to applicable laws and regulations.

Inappropriate Content: It is strictly prohibited to publish, share, or distribute any inappropriate, offensive, defamatory, obscene, or any other unethical content on Virgo.

Account Suspension or Termination: Virgo reserves the right to suspend or terminate any account that violates these usage rules. In case of a breach of the Terms and Conditions, disciplinary measures may be taken, including the termination of the account without prior notice.

By using Virgo, users acknowledge and agree to comply with these rules and restrictions. Any behavior in violation of these terms may result in legal consequences and immediate account termination.

Financial Transactions

Transactions via the Application: Virgo provides users with the ability to conduct various financial transactions, including sending, receiving, and converting digital assets. Detailed information regarding these transactions, including potential fees, is available within the services and applications.

Potential Fees: Some transactions may be subject to fees. Details regarding these fees are displayed within the services and applications before transaction confirmation. Users are responsible for understanding and accepting the fees associated with their transactions.

Refund Policies: Refund policies may vary depending on the type of transaction conducted. Virgo strives to provide clear information about applicable refund policies. It is recommended that users review these policies before initiating a transaction.

Associated Responsibilities: Users are responsible for transactions carried out through their Virgo account. They must carefully review the details of each transaction to ensure accuracy. Virgo is not liable for transaction errors resulting from incorrect information input by the user.

Personal Data and Confidentiality

Collection of Personal Data: Virgo may collect certain personal data from users, such as the username on Twitter, different addresses that compose your account, and the IP address as part of specific programs like crypto airdrops. These pieces of information may be collected to facilitate the distribution of airdrops or for other promotional activities.

Storage and Use of Data: The collected personal data may be securely stored and used according to the specific purposes for which they were collected. They may be utilized for user identification, reward distribution, or to communicate relevant information regarding Virgo's services.

Data Protection: Virgo is committed to safeguarding the personal data of its users. Appropriate security measures are implemented to prevent unauthorized access, disclosure, or alteration of this information.

It's important to note that the collection, storage, use, and protection of users' personal data are subject to Virgo's specific privacy policy. Users are encouraged to refer to this policy for precise details on how their data is handled.

Responsibilities and Limitations

Company Responsibilities: Virgo is committed to providing reliable and secure services. However, the company cannot guarantee uninterrupted and error-free operation of its application. It endeavors to implement reasonable efforts to maintain the availability and security of its services.

Limitations in Case of Malfunction: In the event of service malfunction, data loss, or any other technical issue, Virgo pledges to promptly address and resolve the problem to the best of its ability. However, the company disclaims any liability for financial losses, data loss, or indirect damages resulting from such malfunctions.

User Responsibility: Users are accountable for their use of the Virgo application. They must take measures to secure their accounts, safeguard their information, and avoid any behavior that might compromise the security of their account or other users.

Limitation of Liability: Virgo disclaims liability for indirect damages, data loss, financial losses, or any harm arising from the use of the application, except in cases of gross negligence or intentional misconduct on the part of the company.

Modifications to the Conditions

Notification of Changes: In the event of modifications to Virgo's General Conditions of Use (GCU), users will be informed about these changes. Notifications can be sent through the application, via email, or by any other appropriate means of communication.

Acceptance of New Terms: Users will be notified of TOU modifications before they take effect. By continuing to use Virgo after being notified of the changes, users accept the new conditions. If users disagree with the new terms, they have the option to terminate their account following specified procedures.

Frequency of Updates: Virgo may periodically update its TOU to reflect changes in offered services, current regulations, or other relevant circumstances. Users will be informed of these updates in accordance with the company's notification policies.

Consequences of Changes: Changes in the TOU may impact the application's use, including usage conditions, available features, or other service aspects. It is recommended for users to carefully read the new conditions to understand how these changes might affect their use of Virgo.

Applicable Law and Jurisdiction

Applicable Law: Virgo's General Conditions of Use (GCU) are governed and interpreted in accordance with the laws and regulations in force in the jurisdiction specified by the company.

Dispute Resolution: In the event of a dispute arising from the use of Virgo or relating to the GCU, the involved parties commit to seeking an amicable resolution first or resorting to mediation or arbitration, if applicable.

Jurisdiction: If no amicable agreement can be reached, disputes will be brought before the competent courts of the jurisdiction specified by Virgo to be resolved according to the laws and regulations in force in that jurisdiction.

Acceptance of Conditions: By using Virgo, users agree to comply with the laws and regulations specified in the TOU and submit to the jurisdiction specified by the company in case of a dispute.