Terms of Service

1. Acceptance of Terms

By accessing or using the INRY platform, website, mobile applications, APIs, or any other services provided by INRY.io (collectively, the "Services"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Services.

These Terms constitute a legally binding agreement between you and INRY.io ("Company", "we", "us", or "our"). We may modify these Terms at any time, and such modifications will be effective immediately upon posting. Your continued use of the Services following any modifications indicates your acceptance of the modified Terms.

2. Eligibility

To use our Services, you must:

• Be at least 18 years of age
• Be a resident of India or an eligible jurisdiction where INRY services are available
• Have the legal capacity to enter into a binding agreement
• Not be prohibited from using the Services under applicable laws
• Complete our Know Your Customer (KYC) verification process
• Not be on any sanctions list or associated with prohibited activities

3. Account Registration

To access certain features of our Services, you must create an account. When creating an account, you agree to:

• Provide accurate, current, and complete information
• Maintain and promptly update your account information
• Maintain the security of your account credentials
• Accept responsibility for all activities under your account
• Notify us immediately of any unauthorized access or security breach

We reserve the right to suspend or terminate your account if any information provided is inaccurate, false, or incomplete.

4. INRY Token Services

4.1 Minting INRY

You may mint INRY tokens by depositing Indian Rupees (INR) through our approved payment channels. The minting process is subject to:

• Successful completion of KYC verification
• Confirmation of INR deposit in our escrow accounts
• Applicable fees and minimum/maximum limits
• Compliance with anti-money laundering requirements

4.2 Redeeming INRY

You may redeem INRY tokens for INR at a 1:1 ratio, subject to:

• Verification of token ownership
• Applicable redemption fees
• Processing times (typically within 30 minutes to 24 hours)
• Bank account verification requirements

4.3 Token Transfers

INRY tokens can be transferred to other compatible blockchain wallets. You are solely responsible for ensuring the accuracy of recipient wallet addresses. We are not liable for tokens sent to incorrect addresses.

5. Fees

We charge fees for certain Services, including but not limited to:

• Minting Fee: 0.1% of the minted amount
• Redemption Fee: 0.1% of the redeemed amount
• Network Fees: Blockchain transaction fees (gas fees) as applicable

Fee schedules may be updated from time to time. Current fees are displayed on our platform before you confirm any transaction.

6. Prohibited Activities

You agree not to use the Services for:

• Money laundering, terrorist financing, or other illegal activities
• Circumventing any applicable laws or regulations
• Fraudulent or deceptive practices
• Market manipulation or wash trading
• Unauthorized access to our systems or other users' accounts
• Distributing malware or engaging in denial-of-service attacks
• Violating intellectual property rights
• Any activity that could harm INRY's reputation or operations

7. Intellectual Property

All content, trademarks, logos, and intellectual property on our platform are owned by or licensed to INRY.io. You may not use, reproduce, or distribute any content without our prior written consent.

8. Disclaimers

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

INRY tokens are not securities, commodities, or investment products. We make no representations regarding the future value or utility of INRY tokens.

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, INRY.IO SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE SERVICES.

Our total liability shall not exceed the fees paid by you to us in the twelve (12) months preceding the claim.

10. Indemnification

You agree to indemnify, defend, and hold harmless INRY.io and its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising out of your use of the Services, violation of these Terms, or infringement of any third-party rights.

11. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or relating to these Terms shall be resolved through binding arbitration in India, in accordance with the Arbitration and Conciliation Act, 1996.

12. Termination

We may suspend or terminate your access to the Services at any time, with or without cause, and with or without notice. Upon termination, you must cease all use of the Services and may redeem any remaining INRY tokens in accordance with our redemption procedures.

13. Contact Information

For questions about these Terms, please contact us: