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Terms of Service

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Acceptance of Terms

By accessing and using the products and services provided by Web3in Tech Lab (hereinafter referred to as 'the Company'), including our website, RWA Tokenization Platform, international remittance services, and the AsteroidX Mining Program, you agree to be bound by all terms and conditions of this Agreement.

If you do not agree with these terms or any subsequent updates, you must immediately cease using our services. Your continued use of this website or related services constitutes your acknowledgment and acceptance of these Terms.

⚠️ Notice: These terms contain important legal information that affects your rights and obligations. Please read carefully before proceeding.

This Agreement is deemed to be executed and performed in Perth, Western Australia.

Our Services

RWA Tokenization Platform

We enable the on-chain representation of real-world assets such as real estate, precious metals, and equity shares through compliant and transparent tokenization technology. The platform provides on-chain auditing, smart contract deployment, asset registration, and secondary market support.

International Remittance Service

We facilitate secure international money transfers and remittances, ensuring compliance with regulatory requirements and competitive rates. Services include KYC verification, secure transfers, compliance reporting, and multi-channel communication support (e.g., WhatsApp, Telegram).

AsteroidX Mining Solution

AsteroidX, initiated by Web3in Tech Lab, aims to revolutionize global mining investment through blockchain and tokenization technology. The platform utilizes decentralized asset mapping and profit distribution mechanisms, allowing investors to participate in mining equity through RWA-based tokens. All operational and financial data are recorded on-chain to ensure transparency, auditability, and compliance. AsteroidX does not sell or host physical mining equipment and does not charge hardware access, hash rate management, or energy optimization fees. Returns are derived solely from tokenized project performance and smart contract-based revenue distribution.

User Obligations

When using the Company's services, you must comply with the following obligations:

Provide Accurate Information

You must provide accurate and complete identity and business information and promptly update it in case of any changes.

Compliance with Applicable Laws

Users must ensure their activities comply with the laws of their jurisdiction and the Company’s policies.

Account Security

You are fully responsible for safeguarding your access credentials and keys and preventing unauthorized access.

Prohibited Conduct

You must not use our services for money laundering, fraud, market manipulation, or the distribution of malicious code.

Communication and Cooperation

You must maintain effective communication with the Company and respond promptly to legal, compliance, or operational notices.

Blockchain and Digital Asset Risks

⚠️ High-Risk Investment Warning

Blockchain and digital asset investments are highly speculative. Asset values may fluctuate sharply, and systemic, technical, and regulatory uncertainties exist. Please evaluate your risk tolerance before investing.

By using the services of Web3in Tech Lab, you acknowledge and accept the following potential risks:

Market Volatility Risk

Digital asset prices may fluctuate significantly in short periods, potentially reducing asset value or resulting in total loss.

Regulatory Uncertainty

Legal frameworks or policies may change, affecting the legality of certain services or asset categories.

Technical Failure

Blockchain networks or smart contracts may face bugs, cyberattacks, or node failures, resulting in technical disruptions.

Third-Party Dependency

Some services rely on external partners (wallets, exchanges, node providers). The Company does not guarantee their availability or security.

Data and Privacy Risk

While we employ encryption and access control, decentralized systems cannot completely eliminate data leakage or misuse risks.

Fees and Payments

Web3in Tech Lab adheres to a transparent, auditable, and verifiable fee policy:

RWA Tokenization

  • Setup Fee: Free tokenization plan
  • Smart Contract Deployment and Audit: Fixed or scaled pricing based on project size
  • On-chain Transaction Fees: Adjusted dynamically based on network conditions

International Remittance Services

  • Transfer Fee: 0.3% - 0.8%
  • Security and Compliance Fees: Per-transaction basis
  • No Hidden Charges; AI-driven KYC Verification
  • Compliance Costs: All transactions and transfers are governed by the laws of Western Australia and AUSTRAC Anti-Money Laundering regulations.

AsteroidX Mining Solution

  • No Setup or Custody Fees: AsteroidX does not charge any fees related to hardware, custody, or hash rate management.
  • Transparent Profit Distribution: Investor returns are automatically calculated and distributed through smart contracts, with all transactions verifiable on-chain.
  • Network Maintenance Mechanism: To ensure secure and sustainable operation of tokenized assets, determined entirely by the blockchain network and fully transparent.
  • Risk Disclosure: AsteroidX does not guarantee fixed or minimum returns. Investment outcomes depend on the performance of underlying mining projects and prevailing market conditions.
  • All tokenized asset definitions, investment disclosures, and compliance supervision adhere to the requirements of the Australian Securities and Investments Commission (ASIC) and AUSTRAC.

Payment Methods

  • Cryptocurrency (USDT, ETH, BTC)
  • Domestic Transfers within Australia
  • Corporate Partner Account Transfers

Limitation of Liability

Web3in Tech Lab, its affiliates, officers, employees, and partners shall not be liable for any direct, indirect, incidental, or consequential damages arising from or related to the use or inability to use our services.

Scope of Liability

  • Total liability shall not exceed the total fees paid by the user for the related services within the past 12 months.
  • The Company is not liable for market fluctuations, technical interruptions, third-party failures, or regulatory changes.
  • The Company shall not be responsible for losses caused by force majeure events (including wars, natural disasters, network failures, or regulatory changes).

You explicitly acknowledge and agree that these limitations of liability are fundamental conditions for using Web3in Tech Lab’s services.

Termination

Either you or Web3in Tech Lab may terminate this Agreement at any time, for any reason. Upon termination:

Immediate Effect

Termination takes effect immediately upon notification unless otherwise agreed in writing.

Outstanding Obligations

All accrued fees and contractual obligations must still be settled.

Data Export

You may request data export within 30 days after termination.

Transition Support

If necessary, the Company may assist with service migration or asset settlement.

If any violation of law, fraud, or material breach is detected, Web3in Tech Lab reserves the right to immediately suspend or terminate the account and related services.

Governing Law

These Terms of Service shall be governed by and construed in accordance with the laws of Western Australia and the City of Perth, without regard to conflict of law principles. In case of any inconsistency with mandatory local laws, the laws of Western Australia shall prevail. All disputes are subject to the Australian legal framework.

Dispute Resolution

  • All disputes should first be resolved through friendly negotiation; if unresolved, they shall be referred to binding arbitration.
  • Arbitration shall be conducted under the rules of the Australian Centre for International Commercial Arbitration (ACICA) in Perth, Western Australia.
  • The arbitration language shall be English, and the award shall be final and binding on both parties.
  • Each party shall bear its own arbitration and legal costs unless otherwise determined by the arbitration award.

You agree to submit to the exclusive jurisdiction of the courts of Perth, Western Australia, for any matters not covered by arbitration or for enforcement of arbitration awards.

Contact Information

If you have any questions about these Terms or our services, please contact us using the details below:

Legal & Compliance Department

Email: [email protected]

Phone: +61 420 477 797

Registered Address

3b, 907 Canning Hwy Mount Pleasant WA 6153 Australia

These Terms were last updated on . The Company reserves the right to amend these Terms at any time, with updates published on the website.

Questions About Our Terms?

Our legal and compliance team is here to assist you. For inquiries about specific service agreements or data policies, please contact us.

Web3in - International Remittance & Secure Money Transfer Services