Effective Date: May 2026
For convenience, the following capitalized terms have the meanings given below.
Terms not defined in this Section have the meaning given to them under applicable law or, in the absence of any such meaning, their ordinary meaning.
Use of the Site is at your sole risk and discretion. Subject to your compliance with these Terms and applicable law, Merso grants you a limited, non-exclusive, non-sublicensable, revocable, non-transferable license to access the Site for your personal use. This license does not permit you to reproduce, duplicate, copy, modify, sell, or otherwise exploit any portion of the Site or its Content without Merso's prior written consent. All rights not expressly granted are reserved.
By accessing or using the Site, you confirm that:
"Restricted Territory" means Cuba, Iran, Syria, North Korea, the regions of Crimea, Donetsk, Luhansk, Kherson, and Zaporizhzhia in Ukraine, or any other country, region, or territory subject to comprehensive sanctions by the United States, the United Kingdom, or the European Union. Use of a virtual private network or any other means to circumvent these restrictions is prohibited.
Merso may, at its sole discretion and only where required by law or by the terms of its partners, implement User verification procedures. Merso reserves the right to suspend or terminate access to the Site at any time, without notice, for technical, legal, or operational reasons.
Upon receipt of the applicable License Contribution, Merso grants the User a personal, limited, revocable, non-transferable License to use the Digital Asset on the relevant Issuer's Platform during the License Period. The User may not sell, assign, sublicense, lend, pledge, or otherwise transfer the License or the Digital Asset.
The License grants no ownership rights to the Digital Asset unless and until all conditions for the transfer of ownership set out in Section 3.4 have been met. No intellectual property rights in the Digital Asset are assigned or transferred to the User.
The amount of the License Contribution, the amount of any License Renewal Contribution, and the duration of the License Period are determined by Merso and are communicated to the User at the time of checkout.
Each License Renewal Contribution is independent. Each renewal extends the License only for the next License Period and creates no obligation on the User to make any further payment.
Payment is made at the time of the transaction in accordance with the payment methods supported by Merso, which may include card payments processed through licensed payment service providers, or other lawful means specified at checkout. The User bears all transaction fees, network fees, and other charges associated with the execution of the payment. Merso does not derive any profit from such fees.
Merso provides Users with access to a transaction record summarizing the relevant License Contribution, License Renewal Contributions, and License Period.
To maintain the License beyond the initial License Period, the User must pay the applicable License Renewal Contribution at the intervals communicated at checkout. The decision to make any License Renewal Contribution is at the sole discretion of the User. Merso does not require, expect, or enforce any obligation on the User to renew.
Where the Issuer and Merso have made provision for the eventual transfer of ownership of a Digital Asset, ownership of that Digital Asset may be transferred to the User only after the User has voluntarily completed all License Renewal Contributions specified at checkout for that Digital Asset, and only upon confirmation of the corresponding final transaction.
The transfer of ownership is not promised, guaranteed, or marketed as a contractual entitlement at the time the initial License is granted. It is, where it occurs, a discretionary outcome of the completion of all renewal periods.
The User may, at any time and at their sole discretion, choose not to make a License Renewal Contribution. If the User does not make the applicable License Renewal Contribution within the period communicated at checkout, the License terminates automatically at the end of the then-current License Period.
Upon termination of the License:
Termination of a License under this Section does not constitute default or breach by the User.
Where applicable, the operational execution of these Terms may be supported by automated systems, including smart contracts deployed on relevant blockchain networks. Such systems reflect the material terms of these Terms with respect to payment, the grant of the License, and the maintenance and termination of the License.
Merso is responsible for ensuring that any such automated system accurately reflects and complies with these Terms. Merso reserves the right to modify or update such systems at its discretion, without prior notice, where such modification does not materially alter the rights and obligations of the User under these Terms.
Where the Site enables interactions with public blockchain networks, the Site functions solely as a technical interface for Users to engage with such networks in a self-directed manner. Where required, you may need to connect a self-custodial digital wallet to the Site through a supported wallet extension.
You are solely responsible for the security of your wallet, including the safekeeping of any private keys, seed phrases, and passwords associated with it. Merso does not access, hold, freeze, control, or have custody over your digital wallet, your private keys, your seed phrases, or any digital assets held within your wallet at any time. Merso cannot reverse, cancel, or modify any transaction you initiate from your wallet.
You acknowledge and agree that:
Merso is not responsible for the activities of persons or entities that develop applications on, validate transactions on, or otherwise interact with any blockchain network.
Merso reserves the right to modify, add, or remove features and Content of the Site at its discretion, without prior notice. Merso may also temporarily restrict or modify functionality to address bugs and technical issues. Continued use of the Site after any update constitutes acceptance of the updated Site. Material changes to these Terms are addressed in Section 18.
By using the Site, you confirm that you have read and understood these Terms and that you will not use the Site for any purpose prohibited by these Terms or by applicable law.
You agree to:
You agree not to:
Where Merso identifies a violation of these Terms, Merso may restrict, suspend, or terminate the User's access to the Site without notice. To report a suspected violation, Users may contact Merso at support@merso.io.
All Content on the Site, including code, design, text, graphics, images, illustrations, software, trademarks, and other intellectual property, is owned by Merso or its lawful licensors, and is protected by intellectual property laws of the State of Delaware, by other applicable national laws, and by international treaties and conventions, including the Berne Convention for the Protection of Literary and Artistic Works.
Use of the Site is permitted solely within the framework of the functionality provided. Access to Content is granted for personal, non-commercial use only. You may not copy, download, save, reproduce, sell, modify, or distribute any Content except to the extent expressly permitted by these Terms. Use of the Site does not grant any right, title, or interest in any of Merso's intellectual property. Merso may remove or modify Content at any time without notice.
If you believe that Content on the Site infringes your intellectual property rights, please contact Merso at support@merso.io with the relevant supporting documentation.
Merso does not collect Personal Data unless you voluntarily provide it through your interaction with the Site. Merso processes Personal Data in accordance with these Terms and with our Privacy Policy. By using the Site, you acknowledge that the collection, use, and disclosure of your Personal Data are governed by the Privacy Policy. Please review the Privacy Policy before providing any Personal Data.
The Site, and any information, Content, or functionality made available through it, are provided on an "AS IS" and "AS AVAILABLE" basis, without any warranty of any kind, except as expressly required by applicable law.
Without limiting the foregoing, Merso does not warrant that:
Merso uses reasonable technical and organizational measures appropriate to the nature of the Site to safeguard its security. Use of the Site is associated with the typical risks of Internet-based services, including the risks of data transmission over public networks.
To the maximum extent permitted by applicable law, Merso shall not be liable for:
To the maximum extent permitted by law, Merso shall not be liable, whether in contract, tort, strict liability, negligence, or any other theory, for any indirect, incidental, special, consequential, or exemplary damages arising from or in connection with the Site, even if Merso has been advised of the possibility of such damages.
Nothing in these Terms excludes or limits any liability that cannot lawfully be excluded or limited under applicable law, including, where applicable, mandatory consumer protection rights.
The Site may contain links to third-party websites or content that are not operated or controlled by Merso. Merso is not responsible for any consequences arising from your interactions with such links or content. These Terms govern only the Site and its Content, not any third-party website. If you visit a third-party website through a link on the Site, you do so at your own risk and subject to the terms and policies of that third-party website. The inclusion of a link on the Site does not constitute Merso's endorsement of the linked content.
You agree to indemnify and hold Merso harmless from any claim or demand, including reasonable attorneys' fees, made by any third party arising out of or relating to:
You will be responsible for any breach of these Terms by your affiliates, agents, or subcontractors. Merso reserves the right, at your expense, to assume the exclusive defense and control of any matter for which you are required to indemnify it. You agree to cooperate with Merso's defense of such claims and not to settle any matter without Merso's prior written consent.
Merso shall not be liable for any delay, failure, or interruption in the operation of the Site caused directly or indirectly by circumstances beyond its reasonable control, including without limitation acts of war, civil unrest, natural disasters, fires, floods, earthquakes, pandemics, network or hardware failures, virus or cyber-attacks, governmental actions, or third-party service outages.
These Terms are governed by the laws of the State of Delaware, United States, without regard to conflict-of-laws principles. For Users located in the European Union or the United Kingdom, mandatory consumer protection laws of the User's jurisdiction may also apply.
The parties agree to first attempt to resolve any dispute arising out of or in connection with these Terms in good faith through written negotiation. Any claim must be sent in writing to support@merso.io. Merso will respond within 30 calendar days of receipt.
If the parties fail to resolve a dispute through negotiation, the dispute shall be resolved in accordance with applicable law in the competent courts of the State of Delaware, except where mandatory law in the User's jurisdiction provides otherwise.
If any provision of these Terms is found to be invalid, illegal, or unenforceable, that provision shall be limited or excluded only to the minimum extent necessary, and the remaining provisions shall continue in full force and effect. Merso's failure to enforce any provision does not constitute a waiver of that or any other provision.
Merso may assign or delegate these Terms, in whole or in part, to any person or entity at any time, without your consent. You may not assign or delegate any rights or obligations under these Terms without Merso's prior written consent.
Merso may amend these Terms at any time by posting an updated version on the Site. The current version is always available at https://merso.io/terms. Where a change is material, Merso will provide reasonable notice to Users by posting a notice on the Site or by other reasonable means before the change takes effect. If you do not agree to a change, you must stop using the Site before the change takes effect. Continued use of the Site after the effective date of the change constitutes acceptance of the updated Terms.
Merso does not provide financial, investment, legal, tax, or other professional advice. Merso is not a broker, financial advisor, investment advisor, portfolio manager, lender, creditor, money transmitter, or tax advisor. Nothing on the Site constitutes an offer or solicitation to buy or sell any currency, crypto-asset, security, or other financial instrument, and nothing on the Site constitutes investment advice or a recommendation.
Any decision you make based on information presented on the Site is made at your sole discretion and risk.
While Merso uses reasonable efforts to ensure the accuracy of information presented, it makes no warranty regarding the completeness, reliability, or suitability of any information.
Certain Content may be provided by independent third-party service providers. Merso does not verify such Content for completeness, accuracy, or reliability and is not responsible for any malfunction or error caused by the unavailability of such third-party services.
Crypto-assets and Digital Assets are subject to high volatility and to significant risks, including changes in legislation, tax treatment, public acceptance, market conditions, and other factors. Past performance is not indicative of future results. You may lose part or all of your crypto-assets or Digital Assets. By using the Site, you acknowledge and accept these risks. In particular, you acknowledge that:
By accepting these Terms, you confirm that any crypto-assets you use through the Site belong solely to you, were obtained lawfully, and are free of any third-party claim.
You are solely responsible for the technical condition and security of the devices you use to access the Site, including protection against viruses, malware, and unauthorized access.
Merso is not liable for any damage caused by malfunction of any third-party platform you may use in connection with the Site, including the Issuer's Platform. All liability towards a User in connection with the use of any Digital Asset on the Issuer's Platform rests solely with the Issuer.
If you have any questions, concerns, or suggestions regarding these Terms, please contact Merso at support@merso.io. Merso will respond as soon as reasonably practicable, and in any event within 30 calendar days of receipt.