Terms and Conditions of Use

Article 1 (Purpose)

These Terms are designed to define SP's rights, obligations, responsibilities, and other necessary matters related to the use of Proof of eXpansion (hereinafter "PoX") services provided by KBIDC Co., Ltd. (hereinafter "Company").

Article 2 (Definitions)

Terms used in these terms are as follows.

  • ① Starcro Prover (hereinafter "SP") is a company that is operated by "STARCRONUS FOUNDATION LTD." and certifies transactions of "STARCRO", a hybrid block chain developed by "Company" and refers to a "Member" of PoX that is subscribed to “www.starcro.com”.
  • ② "PoX" refers to the agreement mechanism of "STARCRO" block chain mining, the extended proof proving transaction details, or the relationship proof method.
  • ③ "ID" means the combination of letters and numbers determined by "SP" and approved by "Company" for identification of "SP" and use of "Service".
  • ④ "Password" means a combination of letters or numbers that SP determines to be "SP" that matches the "ID" given by "SP"
  • ⑤ "Reward" means "STARCRO" coin (XSC) obtained by "SP" through the service of "STARCRO".
  • ⑥ "STARCRO" coin (hereinafter "XSC") refers to a password issued by the "STARCRO" block chain platform.
  • ⑦ "Service" means "PoX Program" or similar "STARCRO" platform service provided by "Company" to calculate compensation for "PoX Participants".
  • ⑧ The term "referrer" refers to the "upper SP" that is a "Member" of the PoX network and is connected to the user. Users of the service are hereafter referred to as ""Members".

Article 3 (Publication and Amendment of Terms)

  • ① "Company" shall post on the subscription screen so that "SP" can easily understand the contents of this Agreement
  • ② The "Company" may revise these Terms to the extent that it does not violate the relevant laws such as the "Regulation of the Terms of Use", "Promotion of Information and Communication Network Utilization and Information Protection Act" ("Information and Communication Network Act").
  • ③ "Company" shall, when revising the Terms, specify the date of application and reasons for revision, and notify the "Company" of the current terms and conditions up to thirty (30) days prior to the effective date of the revised Terms of Use in accordance with Clause 1. However, in the case of amendment of the terms unfavorable to the "Members", the "Members" shall be notified clearly through electronic means such as e-mail, electronic note, and login window when signing in for a certain period of time.
  • ④ "Company" expressly notifies the "SP" within 30 days period of notice of the amendment terms pursuant to the preceding paragraph and if "SP" does not express your intention to deny, "SP" shall be deemed to have agreed to the amended terms.
  • ⑤ If "SP" does not agree with the application of the amended terms, "Company" cannot apply the contents of the amended terms, and in this case "SP" can terminate the use agreement. However, if there is any special circumstance where the existing terms cannot be applied, the "Company" may terminate the use contract.

Article 4 (Interpretation of Terms)

  • ① "Company" may have separate terms (hereinafter "individual terms") and policies for individual platform services. If the contents conflict with these terms, the individual terms shall take precedence.
  • ② Any matters not defined in these terms shall be subject to the individual terms and conditions and related laws and practices.

Article 5 (Signing Use Contract)

  • ① The use contract shall be concluded by the person who wants to become "SP" by agreeing to the contents of the agreement, then applying for membership, and by the "Company" accepting the application.
  • ② The "Company" shall, in principle, approve the use of the "Service" for the application of "SP". However, the "Company" may not approve or cancel the use contract after the following application.
    • 1. An applicant who has previously lost his/her membership in accordance with the terms of this agreement, except when he/she obtains the approval of reestablishment of membership of the "Company".
    • 2. If it is not a real name or uses someone's name
    • 3. If false information is provided or the contents of the "Company" are not listed
    • 4.18 Adolescents and children under the age of eight who have not obtained consent from a legal representative (parent, etc.).
    • 5. If the application is not approved due to the fault of the user
  • ③ In the case of application under Clause 1, the "Company" can ask for verification of real name and authentication of person through professional agency upon application of "SP".
  • ④ "Company" may waive the approval if there is no room for service related facilities, technical or business problems.
  • ⑤ If the applicant does not approve or reserves the application for membership pursuant to Clauses 2 and 4, the "Company" will, in principle, inform the applicant of the application.
  • ⑥ The time of establishment of the contract of use shall be the time when the "Company" indicates the completion of the application in the application procedure.
  • ⑦ "Company" can classify the "SP" according to the "STARCRONUS FOUNDATION LTD." policy, and classify the time of use and the number of times of use so as to differentiate the compensation.

Article 6 (Provision of Personal Information by a Third Party)

  • ① "Company" provides personal information to third parties only when it is subject to the Personal Information Protection Act, such as the consent of the information entity and special regulations of the law.

Article 7 (Rights, Obligations and Exercising Methods of Information Entities)

  • ① The information entity can exercise the right of personal information protection of the "Company" at any time in the following paragraphs.
    • 1. Personal information reading request
    • 2. If there is an error and modification is requested
    • 3. Delete request
    • 4. Processing stop request
  • ② The exercise of rights pursuant to Clause 1 may be made in writing, e-mail, or fax in accordance with the Enforcement Regulations of the Personal Data Protection Act for the "Company".
  • ③ When a subject requests correction or deletion of personal information, "Company" does not use or provide the personal information until the correction or deletion is completed.
  • (4) The exercise of rights under Clause 1 may be done through a legal representative of the information entity or a representative who has been delegated. In this case, you must submit a power of attorney under the Personal Information Protection Act Enforcement Regulations.

Article 8 (Destruction of Personal Information)

  • ① The "Company" shall destroy personal information without delay when the personal information becomes unnecessary, such as the elapse of the personal information retention period and achievement of the processing purpose. However, ID is not deleted in order to prevent illegal use.
  • ② If personal information has to be preserved in accordance with other laws and regulations even though the personal information retention period agreed with the information entity has elapsed or the purpose of processing has been accomplished, the personal information (or personal information file) must be move to other database (DB) or stored in different storage locations.
  • ③ Procedures and methods of personal information destruction are as follows.
    • 1. The "Company" establishes and destroys personal information destruction plans for personal information (or personal information files) that should be destroyed. The "Company" shall select personal information (or personal information file) that caused the reason for destruction and destroy the personal information (or personal information file) with the approval of the person responsible for the protection of personal information of the "Company".
    • 2. The "Company" shall destroy personal information recorded and stored in the form of an electronic file so that it can not be reproduced. Personal information recorded and stored in a paper document is crushed or destroyed by a crusher.

Article 9 (Change of "Members"' Information)

  • ① "SP" can view and modify your personal information at any time through the personal information management screen. However, it is not possible to modify the real name (name), ID, recommender ID, etc. required for service management.
  • ② The "SP" must inform the "Company" about the change in the items listed at the time of applying for membership, by online modification or by e-mail or other means.
  • ③ The "Company" shall not be held responsible for the problems caused by not notifying the "Company" of the changes in Clause 2.

Article 10 (Obligation to Protect Personal Information)

The "Company" strives to protect the personal information of "SP" as stipulated by related laws such as "Information and Communication Network Act". The protection and use of personal information will be governed by the related laws and the "Company"'s personal information processing policy. However, in case of linked sites other than the official site of the "Company", the "Company"'s personal information processing policy does not apply.

Article 11 (Responsibility for managing "ID" and "Password" of "SP")

  • ① Responsibility for managing "ID" and "Password" of "SP" belongs to "SP" and should not be used by a third party.
  • ② The "Company" may restrict ID where there is a concern that "ID" of "SP" may leak personal information, mistaken as "Operator" of the "Company" or act antisocially or go against traditional customs.
  • ③ "SP" should immediately notify the "Company" and follow the instructions of the "Company" when it recognizes that "ID" and "Password" are stolen or used by a third party.
  • ④ The "Company" shall not be held responsible for any problems caused by not notifying or not following the guidance of the "Company" even if "SP" notifies the "Company" in the case of Clause 3.

Article 12 (Notice regarding "SP")

  • ① The "Company" can check the connection status of "SP", and if there are no other rules in these terms, it may request contact through e-mail address, e-mail message or push notification.
  • ② The "Company" may substitute the notice in Clause 1 by posting on the website bulletin board for more than 7 days in case of the notification for the whole "SP".

Article 13 (Obligation of the "Company")

  • ① The "Company" does not prohibit the relevant laws and the terms of this agreement, or acts against traditional customs and strives to provide "Service" continuously and reliably.
  • ② Personal information and management rights related to "SP" are solely owned by the "Company".
  • ③ The "Company" shall have a security system to protect personal information so that "SP" can use "Service" safely and disclose and observe personal information processing policy.
  • ④ The "Company" should deal with opinions or complaints raised from "SP" when it considers that the use of the service is justified. For comments or complaints filed by "SP", use the bulletin board or send e-mail to deliver process and results to "SP".

Article 14 (Obligations of "SP")

  • ① "SP" is obliged to use the "PoX program" provided by the "Company".
  • ② "SP" should not carry out the following actions.
    • 1. Registration of false information when applying or changing
    • 2. Stealing information of others
    • 3. Change of information posted by the "Company"
    • 4. Sending or posting information (such as computer programs) other than the information set by the "Company"
    • 5. Infringement of intellectual property rights, including copyrights of the "Company" and other third parties
    • 6. Acts that damage or interfere with the honor of the "Company" and other third parties.
    • 7. Other illegal or unlawful acts
  • ② "SP" shall comply with the related laws, the provisions of this agreement, the instructions for use and the notice notified in relation to the "Service", the notice of the "Company", and must not commit acts that interfere with the work of the "Company".

Article 15 (Provision of "Service")

  • ① The "Company" provides the following services to "SP".
    • 1. PoX Program Service
    • 2. XSC compensation and payment according to PoX participation and program execution
    • 3. Chat program (messenger) service
    • 4. Mailing service
    • 5. Any other services that the "Company" may further develop or provide to "Members" through affiliated agreements with other companies or entities
  • ② "Service" is provided 24 hours a day, seven days a week.
  • ③ The "Company" can divide "Service" into a certain scope and specify the available time for each scope separately. However, in such cases, the contents will be announced in advance.
  • ④ The "Company" may temporarily suspend the provision of the "Service" if there is a maintenance, replacement or breakdown of the information and communication equipment such as a computer, communication failure. In this case, the "Company" will notify the "SP" in the manner prescribed in Article 9 [Notice regarding "SP"]. However, if there is an unavoidable reason that the "Company" cannot notify in advance, it may notify afterwards.
  • ⑤ The "Company" may carry out periodical inspection if necessary for the provision of services, and the periodical inspection time is displayed as notification on the service provision screen.

Article 16 (Change of "Service")

  • ① The "Company" may change all or some of the "Services" provided for its operational and technological needs in cases where there is a substantial reason.
  • ② If there is any change in the contents, usage method and usage time of the service, the "Company" should post the reason for change, content of the service to be changed, and date of service before the change, on the initial screen..
  • ③ The "Company" may modify, suspend, or change any or all of the services provided free of charge in the necessity of operation, and will not make any compensation to "SP" unless there are special regulations in the relevant laws.

Article 17 (Provision of Information and Publication of Advertisements)

  • ① The "Company" may provide various information that "SP" requires while using "Service" to by way of announcement, e-mail or push. However, "SP" may refuse to accept e-mail at any time, except for information related to transactions and related inquiries such as customer inquiries.
  • ② If the information in Clause 1 is to be transmitted by telephone or co-transfer equipment, it shall be transmitted with the prior consent of "SP". However, this is excluded in reply to transaction related to information and customer inquiry of "SP".
  • ③ The "Company" can display advertisements on service screens, homepages, e-mails, etc. in connection with the operation of "Services". "SP" who receives an e-mail containing an advertisement may refuse to accept the "Company".

Article 18 (Ownership of Rights)

  • ① "Copyright" and "Intellectual Property Rights" in "Service" belong to the "Company". However, we exclude copyrighted works provided under the partnership agreement.
  • ② The "Company" may pay PoX compensation to "SP" according to the conditions set by the "Company" in relation to the service.

Article 19 (Compensation Standard of SP)

  • ① "SP" must use "PoX program" provided by the "Company" to receive XSC payment. In other words, XSCs paid for simple subscriptions or simple referrals will not be validated, and both the referrer and the subscriber must validate the installation and operating conditions of the PoX program.
  • ②PoX program can be provided as a mobile app or PC application. The operating condition is to join the block chain by executing the PoX program for a certain period of time (more than 300 hours per month).
  • ③ Compensation paid as an event can be paid if the "SP" participating in the event meets the installation and operating conditions of the PoX program above.
  • ④ Separate authentication procedure may be required for using "PoX program".
  • ⑤ If you do not receive the above authentication procedure or validation, you may not receive XSC. Also, there may be problems even attempting to join SP and PoX through illegal methods (personal information theft, illegal programs, etc.).
  • ⑥ "SP" will receive 1XSC after joining "SP" according to whether the above validation or other authentication procedure is performed. However, the compensation standard may be changed according to the policy of the "Company".

Article 19 (Compensation Standard of SP)

  • ① "SP" must use "PoX program" provided by the "Company" to receive XSC payment. In other words, XSCs paid for simple subscriptions or simple referrals will not be validated, and both the referrer and the subscriber must validate the installation and operating conditions of the PoX program.
  • ②PoX program can be provided as a mobile app or PC application. The operating condition is to join the block chain by executing the PoX program for a certain period of time (more than 300 hours per month).
  • ③ Compensation paid as an event can be paid if the "SP" participating in the event meets the installation and operating conditions of the PoX program above.
  • ④ Separate authentication procedure may be required for using "PoX program".
  • ⑤ If you do not receive the above authentication procedure or validation, you may not receive XSC. Also, there may be problems even attempting to join SP and PoX through illegal methods (personal information theft, illegal programs, etc.).
  • ⑥ "SP" will receive 1XSC after joining "SP" according to whether the above validation or other authentication procedure is performed. However, the compensation standard may be changed according to the policy of the "Company".

Article 20 (Providing Location Based Services)

  • ① The "Company" may include location based services in its services to provide useful services that are more beneficial to daily life.
  • ② The “Company's" location based service is a free service that receives and provides location information from a location information provider that collects location information of your terminal device. Specifically, it is as follows. A service (place sharing service) that allows you to share your current or specific location with other users or to create posts related to it A service (information providing service) that provides living information or advertisement information using your current location A service (content sharing service) that helps you share content with other users, such as photos that you have,
  • ③ In order for you to use location-based services using your personal location information as a user under the age of 14, the "Company" will use or provide your personal location information and in this case you must first obtain the consent of your legal representative, such as your parents. If the location based service is found to be used without the consent of the legal representative, the "Company" may immediately impose appropriate restrictions, such as discontinuing use of your location based service.
  • ④ You (including legal representatives of users under the age of 14) may not use the site for any purposes other than to provide you with information about the use of your personal location information related to the Service and for the purpose of the provision. You may be withdrawn in whole or in part and may be given temporary suspension. In accordance with the provisions of the Act on the Protection and Use of Location Information, the "Company" keeps the personal identification information and location confirmation information for more than six months. If you withdraw all or part of the agreement, we will destroy your personal location information and location confirmation/use information.
  • ⑤ You (including legal representatives of users under the age of 14 years) shall notify the "Company" of the use and provision of location information, or if your personal location information is provided to a third party under the Act, and may ask for correction when there is an error. If the "Company" provides your personal location information directly to a third party designated by you, you will be required to provide personal location information through a smartphone, etc. that collects personal location information pursuant to laws and regulations. We will notify you immediately.
  • ⑥ The "Company" shall be deemed to have the consent of the person in charge if the person in charge of the protection of persons under the age of 8 (including incompetent persons and serious mental disorder persons) agrees in writing with the use or provision of personal location information. You are able to exercise all of the rights of your personal location information entity.
  • ⑦ If you are infringed or need to exercise your rights in relation to location based services provided by the "Company", you may be able to receive help through the Customer Center, and if you are unable to reach agreements about disputes related to your location, you may apply for arbitration to the Personal Information Dispute Resolution Committee pursuant to Article 28, Clause 2 of the Act on the Protection and Utilization of Location Information, and Article 43 of the Personal Information Protection Act.

Article 21 (Termination, Withdrawal, etc.)

  • ① "SP" can apply for cancellation of the contract at any time through Customer Center or My Information Management menu in the service initial screen, and the "Company" should deal with it promptly as stipulated by the related laws.
  • ② When "SP" terminates the contract, all data of "SP" will be expunged immediately upon termination, except when the "Company" holds the "Members"' information in accordance with the related laws and the personal information processing policy.
  • ③ If "SP" terminates the contract, PoX users related to you may have a change in compensation level.

rticle 22 (Restrictions on Use, etc.)

  • ① The "Company" may restrict the use of the "Service" in a step-by-step manner by warning, suspending or permanently stopping the use of the "Service" if "SP" violates the obligations of this agreement or interferes with the normal operation of the "Service".
  • ② The "Company" shall not be responsible for any illegal programs that violate the "Computer Program Protection Act", interruption of operations, illegal communication and hacking that violates the "Information and Communications Network Act", distribution of malicious programs and excess of connection authority. The user may suspend his/her use immediately. In the event of suspension of the permanent use pursuant to this section, the "Compensation" and other benefits acquired through the use of the "Service" will also be extinguished and the "Company" will not separately compensate for it.
  • ③ The "Company" may restrict the use of "SP" for the protection of "Members"' information and efficiency of operation if "SP" does not log in for more than 3 months.
  • ④ The "Company" shall be subject to the conditions and details of restrictions within the limits of use of this section as stipulated in the operating policies on individual services.
  • ⑤ In the event of restricting the use of the "Service" or terminating the contract in accordance with this Article, the "Company" shall notify in accordance with Article 9.
  • ⑥ "SP" may file an objection in accordance with the procedures set by the "Company" with regard to restrictions on use under this Article. If the "Company" acknowledges that the objection is justified, the "Company" immediately resumes the use of the "Service".

Article 23 (Limitation of Liability)

  • ① The "Company" shall be exempted from liability for the provision of the "Service" if it cannot provide the "Service" due to natural disasters or force majeure.
  • ② The "Company" shall not be liable for the obstacle of the use of "Service" due to the cause of "SP".
  • ③ The "Company" shall not be liable for the contents of information, data, facts, reliability, accuracy etc. posted by "SP" in relation to "Service".
  • ④ The "Company" shall be exempted from liability if it makes a transaction between "SP" or transaction through "Service between "SP" and a third party.
  • ⑤ The "Company" shall not be liable for the use of the service unless there are special regulations in the related law.
  • ⑥ The "Company" shall not be responsible for the policy change or obstacles to use "Service" due to block-chain platform failure of "STARCRONUS FOUNDATION LTD.

Article 24(Governing Law and Trial Jurisdiction)

  • ① Any lawsuit filed between the "Company" and "SP" shall be subject to the laws of the Republic of Korea.
  • ② In case of a dispute arising between the "Company" and "SP", the case shall follow the address of "SP" at the time of filing and if the address is not clear or unclear, the exclusive jurisdiction is of the district court having jurisdiction over the residence.
  • ③ In the case of 'SP' having an address or residence in a foreign country. despite the foregoing clause, the court of Seoul Central District Court of Korea shall have jurisdiction over a dispute arising between the "Company" and "SP".
These Terms will be effective from January 19, 2018, and these Terms will take precedence over the provisions of the English language.