Terms of Use


In these terms of use (hereinafter referred to as "terms"), terms you must comply with to use CIRCLE COIN Token and related service that NEOSEED CORP. (hereinafter referred to as "we", "us", "our") offer and relations of rights and duties between we and registered users are defined. Please read all paragraphs before agreeing with these terms to use our service as a registered user.


Article 1. Application

1. these terms are for defining relations of rights and duties between our company and registered user (defined in Article 2) and applied to all relations between registered user and our company in relation to use of our service. Rules and regulations related to our service we post on our website (defined in Article 2) as needed form a part of these terms.


Article 2. Definition

Each terminology used in these terms refers to the meaning defined below.
'Intellectual property right' refers to copyright, patents, utility model, trademarks, industrial design rights and other intellectual property right. (Including acquiring those rights or rights to apply for those rights) 'Our website' refers to websites we own with the domain of 'http://circle-coin.com'. (Including our websites after the domain or contents are changed for whatsoever reason may be)
'Registration applicant' refers to 'registration applicant' defined in Article 3.
'Registered information' refers to 'registered information' defined in Article 3.
'Registered user' refers to individual or corporation that registered to our service according to Article 3. 'Our service' refers to CIRCLE COIN Token and related service called CIRCLE COIN WALLET that we offer. (Including our services after the name or contents are changed for whatsoever reason may be) 'Terms of use' refers to user agreement established between our company and registered user following regulations in these terms according to Paragraph 3 of Article 3.


Article 3. Registration

Anyone who wants to use our service (hereinafter referred to as "Registration applicant") may apply for registration to our service by agreeing with these terms and providing certain information we define. (hereinafter "registered information") We judge whether registration applicant may register according to our criterion, and we will inform the customer if we accept registration, and by this notification the process of registration is completed. By completion of registration we define in previous paragraph, user agreement, following regulations in these terms, is established between registered user and our company, and registered user will be able to use our service in the manner we provide. There are some cases we refuse registration if registration applicant is applied to items below.
A part of/all of registered information registration applicant provided has false, wrong information or an omission.
Registration applicant is whether a minor, an adult ward, a person under curatorship or a person under assistance and does not have agreement from whether a legal representative, a guardian, a curator or an assistant. Registration applicant belongs to anti-social forces(refers to organized crimes, organized crime group members, a right wing organizations, anti-social forces and the equivalents to these. the same applies hereinafter) or maintains/manages anti-social forces through funding or others or supports managing/is in relation with anti-social forces or we judged so.
The case we judge registration is inappropriate by other reasons.


Article 4. Changing registered information

Registered users are obliged to inform us when changes are made to registered information and provide required data without delay in the manner we provide.


Article 5. Managing Password and User ID

Registered users manage and keep their own password and user ID on their own responsibility, and are not allowed to share, lend, give, change name, trade to any third party. Registered users are responsible for any loss due to insufficiency of password/user ID management, mistakes on use, the use by a third party, and we will not be responsible for any of these cases.
Registered users are obliged to inform us and follow our instruction immediately if registered users find out that their own password or user ID is stolen or used by a third person.


Article 6. Use of Our Service

Registered users may use our services in the manner we provide within the scope of the purpose of these terms and not to breach these terms so long as registered users are valid. Registered users agree with bearing any costs and responsibility to receive our service that is preparing/maintaining computer, software and other devices, communication line and other communication environment. Registered users take security measures in terms of preventing infection from computer virus, unauthorized access and information leakage depending on environment of using our service.
Terms of use related to trading CIRCLE COIN Token in our service are below.
As a matter of principle, our service is to provide a place to match a registered user who wants to sell CIRCLE COIN Token (hereinafter referred to as "seller") and a registered user who wants to buy CIRCLE COIN Token (hereinafter referred to as "buyer"). We are neither seller nor buyer excluding a special case where we become seller or buyer. Seller and buyer may make an order to sell/buy CIRCLE COIN Token in the manner we provide. Price of buying and selling CIRCLE COIN Token is decided by corresponding given prices from both the seller and the buyer. We do not have any responsibility to the price. Once given prices from both the buyer and the seller corresponds, agreement related to trading CIRCLE COIN Token is established between the seller and the buyer. Registered users are bound to the terms once the agreement is established, and it is no longer withdrawable. Terms of use related to trading CIRCLE COIN Token in CIRCLE COIN WALLET of our service is below. Registered users may place a selling/buying order of CIRCLE COIN Token in the manner we provide. Prices of buying/selling CIRCLE COIN Token is decided by our prescribed method, and registered users may not claim any objection. Once the price is decided according to the previous item, agreement related to trading CIRCLE COIN Token between registered user and our company is established. Registered users are bound to the terms once the agreement is established, and it is no longer withdrawable.


Article 7. Prohibited Acts

Registered users may not do anything corresponds to each item below to use our service. Actions that violate our company, other users of our service or other third person's intellectual properties, portrait rights, privacy, honor, other rights or profits.(including actions which cause violation whether directly or indirectly) Criminal acts or the equivalent acts or actions that are offensive to public order and morals. Actions that send information about dating. Actions that violate laws or internal rules of our company or organizations registered users belong to. Actions that send information with computer virus and other harmful computer program.
Actions of faking information that likely to be used in our service. Actions that send data through our service beyond the data capacity we set. Actions that likely to disturb operating our service. Actions that the same person make multiple accounts. Other actions that we judge inappropriate. We have a right to delete a part of/all of information that the registered user sent, delete/suspend the account of the registered user, or confiscate CIRCLE COIN Token that the registered user possesses when we judged that a registered user is applied/or likely to be applied to any of previous items. We do not have any responsibility for any loss caused to registered users due to the action we take according to this paragraph.


Article 8. Terminating This Service

We have a right to terminate/suspend all of/a part of our service without advance notification to registered users when any of items below is applied.
A case where we conduct an inspection/a maintenance of computer system related to our service whether regularly or urgently. A case where computers or communication lines are suspended by accidents. A case where we cannot operate our service by fire, power outages, natural disasters or other inevitability. A case where our company's property is thieved by hacking or other methods. A case where pricing system or any other system necessary to provide our service is in disorder. A case where we proceed to examine unauthorized use of accounts. Other cases where we judge that termination/suspension is necessary. We have a right to terminate providing our service at any time. In this case, we will inform registered users beforehand. We do not have any responsibility for any loss caused to registered users due to the action we take according to this article.


Article 9. Cautions about Download

Registered users are expected to pay close attention not to cause information loss, change or malfunction or damage of devices that registered users possess when registered users install softwares on computers or other devices by downloading or other methods from our website in order to start using our service or while using our service.


Article 10. Attribution

All ownerships and intellectual properties related to our website and our service belong to our company or others who granted license to our company. License agreement according to registration defined by these terms does not refer to license agreement of intellectual properties which our company or others who granted license to our company own. Registered users may not take any action that is likely cause violation of intellectual property which our company or others who granted license to our company own for whatsoever the reason may be.(including disassembly, decompile, reverse engineering but not limited to these) We have a right to use(including replication, copy, editing, sublicense to a third person and any other usage) sentences, pictures, videos and other data that registered users post on our website or our service for free without any limitation.


Article 11. Deregistration

We have a right to suspend or delete registered user's account without any notification or warning if a registered user corresponds to any of each item below. A case where a registered user breached any of these terms. A case where a false information is found out in a registered information. A case where a registered user used/or tried to use our service for the purpose/in the method which is likely to cause a loss to our company or other registered users or other third person. A case where a registered user disturbed operating our service for whatsoever the method may be. A case where a registered user became insolvent or there is a petition of bankruptcy proceedings, civil rehabilitation proceedings, reorganization proceedings, special liquidation proceedings or the equivalent proceedings. A case where a bill or check that a registered user drew/accepted is dishonored or a case where a registered user received a disposition to suspend transactions with a clearing house or the equivalent punishment. A case where attachment or provisional attachment, provisional disposition, execution or public sale is instituted. A case where a registered user received a disposition for failure to pay taxes or public dues. A case where a registered user has died or a case where a registered user received the ruling for commencement of guardianship/curatorship/assistance. A case where a registered user is applied to Items 4 of Article 3.
A case where a registered user contacted to our company or our stuff in an overbearing manner by telephone, FAX, e-mail, messages. Other cases where we judged that continued registration is not appropriate. When each item of previous paragraph is applied, a registered user will naturally lose benefit of time for any owed debt, and required to pay all the debt owed to our company immediately. We do not have any responsibility for any loss caused to registered users due to the action we take according to this article. Registered users may delete their own registration by informing us in the manner we provide before 14 days.


Article 12. Disclaimer and Exemption of Warranty

We do not have any responsibility for value, function, place of use and purpose of CIRCLE COIN Token and related service. (Including warranty against defects) In addition, we do not have any responsibility when a registered user obtains information related to our service or other registered users from our company whether directly or indirectly. We are to provide CIRCLE COIN and related services, and an environment to trade CIRCLE COIN Token between registered users. We are not obliged to establish orders from registered users. Therefore, when an order from a registered user failed, or there is invalidation, annulment, cancellation in sales agreement between registered users or by other reasons the sales agreement is prevented, we do not own any responsibility related to. Registered users are expected to research whether using our service is lawful or allowed by internal rules of organizations registered users belong to by their responsibility and cost, we do not guarantee that registered users are allowed to use our service by laws and regulations, or internal rules of organizations registered users belong to. Any transaction, contact, dispute occurred between a registered user and another registered user or a third person through our service or our website must be dealt with/resolved by the responsibility of registered users, we do not own any responsibility related to these reasons. We do not own any responsibility of reparation for suspension, termination, unavailability or change of our service, or deletion or loss, damage of the messages or information of registered users, deregistration of registered users, data loss or devices failure caused by using our service, and other losses registered users suffered. We do not have any responsibility for any website or information obtained by outside of our website or our service even when a link to other website on our website or a link to our website on other website is provided. We have a right to cancel transaction related to CIRCLE COIN Token when there is a system disorder. In that case, we do not have any responsibility for the cancellation or any loss registered users suffered by other reasons related to our service. We do not own any responsibility of reparation for any loss registered users suffered by laws, cabinet orders, orders, notifications, ordinances, guidelines or other regulations (hereinafter referred to as "regulations") related to CIRCLE COIN Token or future change of related tax system. We do not have any responsibility of reparation for any loss registered users suffered by regulations or future change of related tax system being retroacted.


Article 13. Dispute Resolution and Reparation for Loss

Registered users must compensate any loss caused by breaching these terms or using our service. We do not have any responsibility of reparation for any loss registered users suffered related to our service.

Article 14. Confidentiality

'Confidential information' in these terms refers to any information related to our technology, sales, business, finance, organization or other items obtained from our company through a writing or a media. However, (1)information that was already known when obtained from our company,(2)information that was known through a publication or other method inevitably after a registered user obtained from our company,(3)information obtained legally without duty of confidentiality from a third person who has a right to provide,(4)information developed individually outside confidential information,(5)information that unnecessity of confidentiality is confirmed from our company by writing is excluded from confidentiality. Registered users are expected to use confidential information only for the purpose of using our service, and not to provide, disclose or leak our confidential information to a third person without our permission by writing. Registered users may disclose confidential information according to laws, court, order or request from a government agency regard less of Items 2. However, you must inform us immediately when there is an order or request. Registered users are obliged to return or dispose all confidential information and documents and other medias and all reproduction which include confidential information immediately in the manner we provide whenever we request.


Article 15. Time of Validity

During offer period of our service, user agreement lasts from the day registration according to Article 3 related to registered users is finished until the day the registered user is deregistered between our company and registered users.


Article 16. Changes of These Terms

We have a right to change the contents of our service freely.
We have a right to change these terms (including rules about our service posted on our website, other regulations. hereinafter the same applies in this item)


Article 17. Contacts/Notification

Inquiry about our service and other contacts/notification from registered user should be done in the manner we provide. Deregistration of registered users are done according to these terms.

Article 18. Transferring These Terms

Registered users are not allowed to take actions of giving, transferring, putting up as collateral and other actions about status in user agreement or rights or obligation according to these terms without our permission by writing. When we transferred the business related to our service, we have a right to transfer status in user agreement, rights or obligation according to these terms and registered information of registered users and other customer information to the transferee. Registered users shall be deemed to this item about transferring. Transferring business defined in this item includes not only normal transferring business, but company split and other cases business transfers.


Article 19. Council Resolution

Our Company and registered users are deemed to attempt to resolve after consultation in accordance with the principles of good faith when a doubt is raised about items not defined in these terms or interpreting these terms.

[Enactment on August 25th, 2017]


[The Risks of Digital Tokens]

The risks in trading CIRCLE COIN Token
Please use CIRCLE COIN WALLET by your own responsibility after understanding risks below.

Whatsoever the case may be you shall be deemed to have agreed to all the risks by making your own CIRCLE COIN WALLET account.

Price Change Risk

The price of CIRCLE COIN Token is changing. There is a possibility that the price of CIRCLE COIN Token suddenly changes/falls while you trade and/or own CIRCLE COIN Token. Please note that there is also a possibility that the price of CIRCLE COIN Token become zero.

Liquidity Risk

There is a possibility that trading become impossible or difficult, or you might have to trade in significantly unfavorable price depending on situations such as market trend or volume of the business.

There is a risk that a trouble occurs in the process of your trading by system failure caused by situations such as change of external environment. System failure refers to the situation where there is a clear problem on our system and you become unable to order via the Internet, or your order gets delayed or unavailable.

Please note that we cannot process malpractice correction for opportunity loss (for example: you missed the profit you would have gained because we could not take your order so you missed the opportunity to order etc.) due to our emergency maintenance or system failure as we cannot identify your order (Original order). There is a possibility that Buying/selling price of CIRCLE COIN Token in our system calculations become abnormal value. Please note that if a transaction which is made in abnormal value is found out, there is a case we cancel the transaction by our decision.
In addition, please also note that we cannot take 'out-of-court' or so called.

Bankruptcy Risk

There is a risk that we become unable to continue our business due to external environment.

Changing Regulations/Tax System Risk

Ask tax office or tax accountant for the details of the tax treatment of digital currency in each country.

There is a chance to be amended in future. We do not have any responsibility for any tax return, tax burden and loss you or a third person suffered.

Capital gains you gained through transactions of CIRCLE COIN Token is taxed on income. Consumption and other tax is taxed for transactions of CIRCLE COIN Token.
Trading of CIRCLE COIN and products, services is applied to taxation assets. Therefore there is no tax burden for consumers for trading CIRCLE COIN Token and products, services. We do not have any responsibility for risks above.