1. Welcome

  1. Beacon Digital Limited ("Beacon", "we", "our", or "us") develops self-custody mobile application and smart contract wallets which allow users to carry out and manage cryptoasset transactions on compatible blockchains and similar networks such as AO and Arweave..
  2. Beacon makes available the Beacon application available for download on your mobile device (“Beacon App”);. Each Beacon Wallet holds separate cryptoassets.
  3. These Terms of Service apply to the use of the Beacon App and the Beacon Wallet accessed through the Beacon App.

2. Your relationship with us

  1. This document and any documents referred to within it (collectively, the "Terms of Service") set out the terms of your relationship with us. It is important that you read and understand the Terms of Service before using the Beacon App.
  2. By using and accessing the Beacon App, you agree to these Terms of Service. If you do not agree to these Terms of Service, please do not use the Beacon App.
  3. The Beacon App is for non-commercial use only; you may use the Beacon App only for your own personal use.

3. Information about us

  1. Beacon is a company registered in England with its registered address at 3 Wellbrook Court, Girton, Cambridge, England, CB3 0NA.
  2. If you would like to contact us, please write to us using the details at the end of these Terms of Service.

4. Information about you

  1. Your privacy is important to us. Please read our Privacy Policy to understand how we collect, use and share information about you.

5. Important warnings about the Beacon Wallet

a. Cryptoasset transactions

  1. The Beacon App allows you to initiate and manage cryptoasset transactions on blockchains and similar networks compatible with the applicable Beacon Wallet ("Compatible Networks"). Dealing or trading in cryptoassets is inherently risky, as the prices of cryptoassets can change rapidly. We cannot guarantee that the value of any cryptoassets that you purchase will not fall. You therefore buy or sell any cryptoassets through the Beacon App at your own risk.
  2. Completion of transactions that you initiate through the Beacon App also depends on the availability and operation of the relevant Compatible Network you interact with using the Beacon App. Issues with the Compatible Network may cause transactions that you initiate through the Beacon App to fail. This may mean that the transaction you were originally intending to perform will no longer be available. Due to the decentralised nature of these Compatible Networks, Beacon is not responsible to you for errors or any losses that you suffer as a result of such issues or failed transactions.

b. Regulatory

  1. The Beacon App does not facilitate the storage or sending of fiat currencies and Beacon is not authorised to conduct regulated activities by the Financial Conduct Authority in the UK or any other regulator anywhere in the world. The cryptoassets that you manage through the Beacon App are not covered or underwritten by any regulatory guarantees or compensation schemes, such as the Financial Services Compensation Scheme in the UK.

c. Network fees