Terms of Service
These Terms govern your use of Newbl’s non-custodial wallet/payment UI service “Newblet” (the “Service”), including rights, obligations, disclaimers, and risk notices. By continuing to use the Service, you agree to these Terms.
Article 1 (Purpose)
These Terms set forth the rights, obligations, and responsibilities between Newbl (the “Company”) and users when using the non-custodial wallet/payment UI service (Newblet).
Article 2 (Definitions)
① “Service” means the non-custodial wallet UI and related screens/features that let users hold and use their own private keys on their devices. ② “Wallet” means an environment where a user’s private key/mnemonic is stored in encrypted form on the device to sign and send/receive blockchain assets. ③ “Backup” means an optional user action to store encrypted materials in external storage such as Google Drive (AppData). ④ “Merchant” means a party that, via the Service screen, requests or guides asset transfers with users.
Article 3 (Effect and Changes to the Terms)
The Company may amend these Terms within the scope permitted by law. Material changes will be announced in-app at least 7 days prior (30 days if unfavorable to users). Continued use after notice constitutes consent to the amended Terms.
Article 4 (Nature of the Service – Non-custodial)
The Service operates on a non-custodial basis. The Company does not hold or access users’ private keys/mnemonics, does not provide custody, escrow, remittance, or brokerage, and is not a party to blockchain transactions.
Article 4-2 (Account vs. Wallet)
(1) “Account” is an authentication method to access the UI. (2) The “Wallet” stores your private key/mnemonic encrypted on your device; the Company does not custody or recover it. (3) Signing in does not restore your wallet; a new device requires your prior backup/restore steps.
Article 5 (User Security Responsibility)
Users are solely responsible for wallet/account security, including managing private keys/mnemonics/PIN/passwords, backups, and installing updates. The Company does not store or recover private keys/mnemonics and is not liable for loss due to theft, leakage, phishing, malware, or other compromises.
Article 5-2 (Backup Duty & Risk Allocation)
(1) You must set up and maintain backup before loss/replacement/reset. (2) If recovery fails due to no backup, lost PIN/lock password, or device issues, the Company is not liable absent willful misconduct or gross negligence. (3) Important: Google Sign-In does not restore your wallet and Google does not store your private key.
Article 6 (Irreversibility and Duty of Care)
Blockchain submissions are generally hard to cancel or modify. Before signing, users must verify destination address, network/chain, amount, token type, and the contents of any approval/signature request. Losses from mis-entry, misuse, or interactions with fraudulent dApps are borne by the user.
Article 7 (Nature of Payments/Transfers/Refunds)
Tapping “Confirm/Sign/Send” constitutes your final consent to the relevant payment or transfer. Payments, refunds, and transfers occur directly between the parties (e.g., user and merchant). The Company is not a party to such transactions and does not guarantee or execute refunds on your behalf.
Article 8 (Merchant Fees)
The Company charges merchants fees for use of the Service. The applicable scope, rates, billing cycle, and payment method are announced in-app, on the merchant dashboard, or via a separate agreement. The Company may change the fee policy with reasonable prior notice. Promotional free or discounted periods may be offered, after which the posted policy applies.
Article 9 (Prohibited Conduct)
Users must not: (1) use others’ wallets/data without authorization or tamper with the app; (2) engage in deception such as phishing or impersonation, distribute malware, or interfere with the Service; (3) use the Service in ways that clearly violate applicable laws, these Terms, or public order and good morals.
Article 10 (Compliance with Laws and Sanctions)
Users must comply with laws applicable to their use of the Service, including international sanctions/export controls. Users who are restricted parties or located in comprehensively sanctioned jurisdictions may not use the Service. The Company may take minimal measures (e.g., access restriction/notice) only where required by law or a lawful authority request. The Company does not continuously monitor or review user transactions.
Article 11 (Intellectual Property)
All rights to the Service and software (including documents, UI, logos, and code) belong to the Company. Users may not use, copy, or modify them without prior written consent from the Company.
Article 12 (Disclaimer of Warranties and Third-Party Services)
The Service is provided “AS IS” and “AS AVAILABLE.” The Company disclaims warranties of fitness for a particular purpose, error-free or uninterrupted operation, and complete compatibility across all chains/tokens/environments. The Company does not control or guarantee third-party elements such as Google Drive (AppData) backup, nodes/RPC, oracles/price data, bridges/swaps/staking, or external dApps/smart contracts. Use of such third-party content/services is solely at the user’s risk and may be subject to separate terms and privacy policies. Support provided by the Company is informational only; results are not guaranteed. The Company does not provide support via SMS/messenger DMs and will never request private keys/mnemonics/PINs. The Company is not responsible for impersonation/social-engineering incidents, protocol/contract upgrades, fees/speed/availability, irreversibility of transactions, or price volatility. Security of private keys/mnemonics/PINs, backups, and updates is solely the user’s responsibility. The Company may also change, restrict, or discontinue access to third-party integrations or services without prior notice when necessary.
Article 13 (Limitation of Liability)
Absent willful misconduct or gross negligence, the Company is not liable for indirect, special, or consequential damages arising from use of the Service. To the extent permitted by law, if liability is established, the Company’s total aggregate liability is limited to the total paid Service fees (if any) actually paid by the user to the Company in the preceding 12 months. This Article does not limit mandatory protections that apply to users under applicable law.
Article 14 (Indemnity/Force Majeure)
The Company is not liable for delays or failures caused by force majeure events (including natural disasters, war, government action, major network outages, or third-party service downtime). Losses arising from user fault (e.g., wrong address/network, approval/signature misuse, no backup/PIN loss) are not the Company’s responsibility.
Article 15 (Changes and Suspension of the Service)
The Company may change or suspend all or part of the Service for performance, security, or policy reasons, with reasonable prior notice. In urgent security situations, notice may be given after the fact.
Article 16 (Privacy)
The Company complies with applicable privacy laws. Personal data is handled in accordance with the separate Privacy Policy.
Article 17 (Governing Law and Jurisdiction)
These Terms are governed by the laws of the Republic of Korea. Any disputes arising out of or in connection with the Service shall be submitted to the Seoul Central District Court as the court of first instance.
Article 18 (Miscellaneous)
If any provision is held invalid or unenforceable, the remaining provisions remain in full force and effect. Failure by the Company to enforce any provision does not constitute a waiver of that provision.
Article 19 (User Indemnification)
If any dispute, claim, or damage is brought against the Company arising from your violation of these Terms or applicable laws, or from your transactions/interactions with third parties, you agree to defend, indemnify, and hold harmless the Company and its officers, employees, and agents from reasonable costs and expenses (including attorneys’ fees). This does not apply to losses caused by the Company’s willful misconduct or gross negligence.
Effective:Oct 1, 2025