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Wave Terms of Service

Last updated: May 5, 2025

Scope

These terms, and the accompanying privacy policy at privacy, which is incorporated into and a part of these terms, govern the use of the Wave mobile application and the associated tools and services.

Collectively, the Wave app and the associated tools and services are referred to as the "Services" in these terms. The operator may offer other products and services.

The Services include:

  • The Wave App available on the iOS App Store
  • The Wave App available on the Google Play Store

The Services do not include outside websites or platforms which may be linked or interconnected to the Services. Such outside platforms may have their own terms of service, which control for all transactions on such platforms.

The operator is not responsible for any transactions on other platforms and disclaims all liability for such transactions.

Yagana Digital Private Limited operates the Services. It and its affiliates are referred to in this document as the "operator," "we," or "us."

Important Terms

These terms include a number of especially important provisions that affect your rights and responsibilities, such as the disclaimers in Disclaimers, limits on the operator's legal liability to you in Limits on Liability, your agreement to reimburse the operator for problems caused by your misuse of the Services in Your Responsibility, and an agreement about how to resolve disputes in Disputes.

Using the Services may require that you pay a fee to other users of the Services or to the operator. Using the Services may also require that you pay network fees for blockchain transactions. You acknowledge and agree that the operator has no control over any such transactions, the method of payment of such transactions or any actual payments of transactions. Accordingly, you must ensure that you have a sufficient balance of the applicable tokens to complete any transaction on the blockchain or Services before initiating such transaction.

Your Permission to Use the Services

Subject to these terms, the operator gives you permission to use the Services. You can't transfer your permission to anyone else. Others need to agree to these terms for themselves to use the Services. If you violate any provision of this agreement for any reason, this agreement will automatically terminate and you must cease and desist from any further use of our Services. The operator has sole discretion to determine whether this agreement has terminated.

Conditions for Use of the Services

Your permission to use the Services is subject to the following conditions:

  • You must be at least eighteen years old.
  • You may no longer use the Services if the operator tells you that you may not.
  • You must follow Acceptable Use and Content Standards.

Acceptable Use

  • You may not break the law using the Services. If we determine that you have broken the law, we will revoke your access.
  • You may not use or try to use anyone else's account on the Services without their specific permission.
  • You may not buy, sell, or otherwise trade usernames or other unique user or account identifiers on the Services.
  • You may not make publicly available the personal information of other people using the Services.
  • You may not send advertisements, chain letters, or other solicitations through the Services, or use the Services to gather addresses for distribution lists.
  • You may not falsely imply that you're affiliated with or endorsed by the operator.
  • You may not remove any marks showing proprietary ownership from materials you download from the Services.
  • You may not disable, avoid, or circumvent any security or access restrictions of the Services.
  • You may not strain infrastructure of the Services with an unreasonable volume of requests, or requests designed to impose an unreasonable load on information systems the operator uses to provide the Services.
  • You may not "screen scrape" or otherwise use any automated means to access the Services or collect any information from the services.
  • You may not impersonate others through the Services.
  • You may not reverse engineer or "decompile" any of the Services.
  • You may not use a modified device to use the Services if the modification is contrary to the manufacturer's software or hardware guidelines.
  • You may not encourage or help anyone in violation of these terms.
  • You are not a resident, national, or agent of any country to which India embargoes goods or imposes similar sanctions.
  • You have not been placed on any sanctions lists, and you will not use our Services to conduct any illegal or illicit activity.

Content Standards

  • You may not engage in conduct or submit content to the Services that is illegal, defamatory, offensive, or otherwise harmful to others. This includes, but is not limited to, conduct or content that is harassing, inappropriate, expressing racial or other bigotry, and/or abusive.
  • You may not engage in conduct or submit content to the Services that violates the law, infringes anyone's intellectual property rights, violates anyone's privacy, or breaches agreements you have with others.
  • You may not submit content to the Services containing malicious computer code, such as computer viruses or spyware.
  • You may not submit content to the Services as a mere placeholder to hold a particular address, username, or other unique identifier.
  • You may not use the Services to disclose information from or about others that you don't have the right to disclose.
  • The operator shall have the sole right to determine whether any of the provisions in this "Content Standards" section have been violated.

Enforcement

The operator may investigate and prosecute violations of these terms to the fullest legal extent. The operator may notify and cooperate with law enforcement authorities in prosecuting violations of the law and these terms.

The operator reserves the right to change, redact, and delete content on the Services for any reason. If you believe someone has submitted content to the Services in violation of these terms, contact the operator immediately.

The operator may, at any time and in its sole discretion, refuse any transaction, impose limits, or impose any other conditions or restrictions upon your use of the Services, without prior notice.

Your Information

You agree to:

  • Provide accurate, current, and complete information about you if requested by any registration or subscription forms on the Services or otherwise requested by the operator;
  • Maintain the security of your password and identification;
  • Maintain and promptly update any information you provide to the operator, to keep it accurate, current, and complete;
  • Promptly notify the operator regarding any material changes to information or circumstances that could affect your eligibility to continue to use the Services or the terms on which you use the Services; and
  • Be fully responsible for all use of your account on the Services and for any actions that take place using your account.

Wallet and Financial Transactions

You acknowledge that:

  • Wave uses Multi-Party Computation (MPC) technology for wallet management
  • Your wallet is your responsibility, and you must take appropriate steps to secure access to it
  • The operator provides tools for social recovery but cannot guarantee access to your wallet under all circumstances
  • Transactions on the blockchain are irreversible
  • You alone are responsible for the security of your wallet
  • The operator is not responsible for any loss of funds or access to your wallet

Your Content

Nothing in these terms gives you any ownership rights in the operator's content or intellectual property. The operator owns the intellectual property of the Services.

You retain ownership of any content you create through the Services. By using the Services, you grant the operator a non-exclusive, royalty-free, worldwide license to use, copy, store, and distribute content you submit to the Services solely to provide and improve the Services.

Disclaimers

You accept all risk of using the Services and their content. As far as the law allows, the operator provides the Services and its content "as is," without any warranty whatsoever.

The operator expressly disclaims, and you expressly waive, any representations, conditions or warranties of any kind, including, without limitation, the implied or legal warranties and conditions of merchantability, merchantable quality, quality or fitness for a particular purpose, title, security, availability, reliability, accuracy, quiet enjoyment and non-infringement of third party rights.

You confirm that you accept all risk associated with your personal financial, cryptocurrency, and other crypto asset holdings, transfers, and transactions. You agree and acknowledge that the operator is not responsible or liable for any loss, harm, or damage, of any kind, related to or arising from your use of the Services.

Your Responsibility

You agree to reimburse the Operator for all the costs of legal claims by others related to:

  • Your breach of these terms;
  • Breach of these terms by others using your account;
  • Your violation of the rights of a third party; or
  • Any overt harmful act toward any other user of the Services with whom you connected via the Services.

Limits on Liability

As far as the law allows, neither you nor the operator will be liable to the other for any:

  • financial losses;
  • loss of use, data, business, or profits; or
  • indirect, special, consequential, exemplary, punitive, or any other damages arising out of or relating to the Services or these Terms of Service.

The cumulative total liability of both you and the operator, for any and all breaches of these Terms of Service, is not to exceed ten thousand Indian Rupees (₹10,000).

Termination

Either you or the operator may end this agreement at any time. When this agreement ends, your permission to use the Services also ends.

If you violate any provision of this agreement for any reason, this agreement will automatically terminate and you must cease and desist from any further use of the Services.

Disputes

The law of India will govern these terms and all legal proceedings related to these terms or your use of the Services.

All disputes related to the Services under these terms will be subject to the exclusive jurisdiction of the courts in Mumbai, India.

General Terms

If a section of these terms is unenforceable as written, but could be changed to make it enforceable, that section should be changed to the minimum extent necessary to make it enforceable. Otherwise, that section should be removed, and the others should be enforced as written.

You may not assign this agreement. The operator may assign this agreement to any affiliate of the operator, any other company that obtains control of the operator, or any other company that buys assets of the operator related to the Services.

These terms, plus the terms on any Services incorporating them by reference, are all the terms of agreement between you and the operator about use of the Services. This agreement entirely replaces any other agreements about your use of the Services, written or not.

Contact

For questions or concerns about these terms, please contact us at [email protected]

Changes

The operator may update the terms of service for the Services. The operator will post all updates to the Services. The operator may also announce updates with special messages or alerts on the Services.

Once you get notice of an update to these terms, you must agree to the new terms in order to keep using the Services.

Yagana Digital Private Limited
Wave App