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0.  Purpose and Overview

The purpose of terms of service is to define and fulfill the rights, duties and responsibilities of the users who are used in relation to the overall service use of Blockchain based transaction platforms provided by LIUM Corporation(hereinafter referred to as "the Company") and are provided services through the Company's website (www. LIUM.io).

Users acknowledge that users have read, understood, abide by and comply with all applicable laws and regulations in order to access or use the Website. If users do not agree to the terms of service, you will not be able to access the website.

1.  General Definition

The terms used in this terms of service are defined as follows.

LIUM is the name of Blockchain based Transaction Platform Service and services are provided with active participation of users.
① Membership refers to the accounts of users who participate in various services of the company.
② ID means the member's e-mail address for member identification and use of the company's services.
③ Password means the combination of English alphabet and number registered by the member himself/herself in order to check the identity of the member and to protect the interests and confidentiality of the member.
④ Manager is a person designated by the Company for overall management and smooth operation of services provided by the Company.
⑤ Pre-Sale refers to the pre-sale of the LIUM coin that the company conducts in the form of a cloud funding. Members can participate in coin-sale with all procedures and qualifications in accordance with the laws and regulations of their respective countries. The company is not responsible for any consequences that may arise due to the procedures and qualifications.
⑥ LIUM Token refers to an cryptocurrency issued by a Blockchain based transaction platform service. LIUM coin is issued to the member as a token later.

2.  Type and change of service

The company offers the following services.
① Distributed computing platform development and operation service
② LIUM Pre-sale related service
③ LIUM wallet service
④ All services provided to members through other services and partnerships with other companies

If there is any change in the contents of the service, how to use it, and the time it is used, the company shall post it on the initial screen of the service prior to change with the reason for the change, the content of the service to be changed, and the date of delivery.

The company may modify, suspend or change some or all of its services provided free of charge according to the Company's operating policy unless otherwise specified.

3.  The relationship between the commencement of the terms of service and the revisions / regulations and related laws

The company will post the contents of this terms of service on the registration screen.

The company may revise these terms of service, and all matters not specified in these terms of service shall comply with the provisions of relevant laws and regulations in each country.
The Company may, if necessary, decide what to apply to a particular service (referred to as "individual terms of service") and notify it on the website in advance.
The company shall notify the changes to the individual terms of service of the previous paragraph 30 days before implementation, notify them by email, and seek the consent of the members.
The member shall pay attention to whether there are any changes in the contents of these terms of service, and shall notify them of any changes.

4.  Managing your ID and password

In the event that the ID with an e-mail address is lost, the member shall submit the relevant documents to prove the member's identity by e-mail provided by the Company and confirms his/her identity through consultation with the administrator.

If the members recognize that the ID or password has been stolen or used by a third party without permission, they shall immediately notify it to the Company and the Company shall immediately handle its efforts to swiftly.
The members shall be responsible for the management of ID and password, and in any case, the members shall not transfer or rent their ID or password to others.
The members and the users shall be responsible for any loss or damage caused by leakage, transfer, or loan of the ID or password without cause to the Company.

5.  Personal Information Changes, Protection

The members are not allowed to provide false information when applying for service use, and shall modify the changes immediately with the latest information if the details listed are changed. ID, name, etc. cannot be modified, but it can be modified in exceptional cases according to the laws.

Notice to the members of the company shall be deemed to have been notified by reaching the addresses or email addresses provided by the members, and any damages caused by the unmodified information shall be borne entirely by the members and the Company shall have no liability.

The Company shall not use the information provided by the members for the purpose of using the service for purposes other than the purpose for the operation of the Company Service agreed by the members and if the new purpose of use occurs or is provided to a third party, the Company shall notify the members of that purpose and obtain consent. However, except in cases where there is a difference from the relevant laws and regulations.

The company does not set the consent section for the collection, use, and provision of personal information to be pre-selected. In addition, when a user refuses to agree on the collection, use, or provision of personal information, the service is specified in detail, and the member registration and other services are not restricted or rejected because of the member's refusal to agree to use the purchase service related to the collection, utilization, and provision of personal information other than the required collection item.

If the Company needs to provide personal information of a member to a third party in order to protect the personal information of the member, the Company shall disclose the personal information item actually provided, the purpose of using the personal information of the person to be provided with the consent of the member; when entrusting the use of personal information to the Company, the Company establishes a "Personal Information Handling Policy" as stipulated by relevant laws and regulations of each country, designates the person in charge of personal information protection and posts it and operates it.

6.  Termination of use contract

Members may at any time notify the Company of their intention to terminate the Company through consultation with the Company's manager and may terminate the contract by e-mail. However, if the member has coins, withdrawal is not possible.

The Company may terminate the service contract if any of the following reasons arises or is confirmed.
① In case of a member violates the rights, honor, credit or other legitimate interests of another member or any other person
② In case of an act or attempt to interfere with the smooth operation of the services provided by the Company
③ In case the company admits that it is necessary to refuse to provide the service for reasonable judgment

If the Company terminates the service contract, the Company shall notify the member of the reason for termination by e-mail, it will be terminated when the company notifies the member of its intention to terminate the service contract.

In the event a member's service contract is terminated by the Company, the Company may refuse to accept the member's re-application of service use.

7.  Service Period and Suspension

The service period under these terms of service is from the date of application for membership to the time of termination of the service contract.

The Company may temporarily suspend the provision of services in the event of maintenance, inspection, replacement or breakdown of information and communication facilities such as computers, or loss of communication. In this case, the Internet site's initial screen will be notified of the suspension of the service and why it was suspended.

The Company may restrict or suspend the provision of the service if it is unable to provide the service due to natural disasters or similar force majeure.

If necessary, the company may temporarily or permanently modify or suspend certain services after making public announcements on the Internet site.

8.  Service fee

The Company may provide various services required for the free use of the service between the members and may charge a fee (service use fee) for the service according to the company's internal policies.

9.  User management

The Company may take the following actions against members who violate the terms of this terms of service and related laws and general principles of business transactions.
① Collection of some or all of the additional benefits provided by the Company
② Restricted use of certain services
③ Termination of the service contract
④ Claim for damages

When the company takes the actions specified in the previous paragraph, the company shall notify the member by email in advance. In the case of an emergency, the company may notify the member after taking a follow-up action.

The member may make a protest against the company's actions if there is a reason for the defense.

10.  Disclaimer of warranty

The company shall be solely responsible for all risks arising from the use of services through the system provided by the company. All services, including products, software, and programs of the Company, are provided without warranty or guarantee, and the Company shall not be liable for any damages whatsoever including, but not limited to, the implied warranties of merchantability, fitness for a particular purpose, express, implied, or otherwise expressly disclaim any and all warranties, guarantees, or representations.

The Company does not warrant and guarantee any technical errors on the website, any termination or interruption caused by service errors. Members are responsible for downloading or using the information, products, software, programs and other services provided by the website, and all risks are solely at their own risk.
Members are responsible for downloading or using the information, products, software, programs and other services provided by the website, and all risks are solely at their own risk.

11.  Limitation of Liability

The Company shall not be liable if it cannot provide the service and interruption of the website due to natural disasters or other force majeure.

To the fullest extent permitted by applicable law, the Company shall not be liable for any damages arising out of the use, download or access of any data, information, products or services that are caused by linked, referenced or accessed data related to the use of the website or the website in no event will his losses be liable for any direct, indirect, incidental, special, exemplary, or consequential damages (Including but not limited to loss of profits, business interruption, loss of profits, loss of programs or other data)

This is true even if the Company knew about the possibility of such damages. Exclusion and disclaimer of liability shall apply to any claim, based on contract, warranty, tort, or any other legal theory.

12.  Disclaimer

The services provided by the company may be technically inaccurate or have errors in writing, but the company cannot guarantee the accuracy of the information posted. Please check the accuracy and completeness of the information before making a decision to receive services related to the products or other items described on the website. If the authority having jurisdiction determines that a particular provision of these terms of service is unenforceable but that non-enforceable provision does not affect the rights of the parties as set forth in these terms of service, the validity of the remainder of these terms of service will not be affected.

13.  Global Business Relations

Information posted on the Internet, including websites, may contain references or cross-references to products, programs, and services that are not disclosed or available in the country. Such references do not imply that the Company intends to disclose or provide such products, programs or services in those countries.

The Company websites may provide links to third-party websites and resources or references.
The Company's Website makes no representations, warranties, or other promises or comments about the third-party websites or resources associated with it either referred to or accessed. In addition, the Company is not a party to any transactions made with any third party and shall not be held liable for such transactions. This is true even if a member becomes aware of the party on the website or uses a link to that party. Although the company's LIUM logo is included when a member accesses a third-party website other than the website, the website is unrelated to the company and the company does not control the contents of the web site. It is the responsibility of the members to protect their own information from viruses, worms, Trojan horses, and other potentially destructive programs.

14.  Other provisions

The Company and its members may not transfer their rights and obligations under these terms of service to any third party without express consent of the other.
The contract, agreement, notice, etc., which are further written by agreement between the parties with respect to this service contract, and the company's policy change, enactment, amendment or public announcements made by the Company through the Internet site by the notice, guidelines, etc. constitute a part of these Terms of service.

15.  A competent court

Any lawsuit filed against the Company over these terms of service and disputes between the members shall be made by the Singapore court, the headquarters of the Company.

16.  Legal Considerations (Pre-sale related)

The Company makes no representations or guarantees of any contents related to the pre-sales sale on its website, and all responsibilities associated with the pre-sales event are entirely borne by the pre-sales participant.

The Company may carry out pre-sale through the website in accordance with the Singapore legislation and the participant may participate in the pre-sale with all procedures and qualifications according to his/her country’s laws and regulations. All possible consequences of the procedures and qualifications of the participants will be borne by the participants.

The Company does not guarantee any benefits to the participants participating in the pre-sale, including principal, in connection with the coin, nor grant any other rights. Participants are fully aware of the content of the white paper provided by the Company and fully understand that there is a risk that the project may fail and will be able to participate in the pre-sale on this website. The participant fully understood that the coins were not applicable to any form of currency or securities.

0.  Basic principle

We take personal information of users who use the website of LIUM Corporation (hereinafter referred to as "the Company") very seriously and have the following personal information policy.
The privacy policy will be updated if there is a change in the statute or guideline related to personal information, which may also vary as company policies change. The company's Privacy Policy includes the following.
The Company shall comply with the personal information protection regulations of related laws and regulations that the information and communication service providers must comply with, such as the "Information Communication Network Promotion and Information Protection Act," and the "Personal Information Protection Act Article 30, we are committed to protecting the rights and interests of our members by establishing a policy. We establish and disclose the personal information processing policy as follows to make it possible to handle the related complaints promptly and smoothly.

1.  Purpose of Collection and Use of Personal Information

The purpose of the company's collection of personal information is to verify the identity of the user and the intention to use the service, to provide optimized and customized services.
The Company collects only the minimum items of information necessary for the user to facilitate the provision of services at the time of initial membership, and may collect additional information on the use of the services provided by the Company.
The company shall not use the personal information for any purpose other than the purpose of collecting and using it or provide it to any third party without the consent of the users.
When collecting user's personal information, the company collects it with the consent of the user, information such as race, place of birth, homeland, ideology, political orientation, criminal record, and health condition that may infringe the basic human rights of the user is not collected except by the consent of the user or the regulation.
The Company collects and uses member's personal information for the purpose of each of the following items.

① Membership and management: To check the intention of membership registration, identify and authenticate the membership according to the service provision, maintain and control the membership status, prevent fraudulent use of the service, and to notify the various information and notices
② Providing services: Providing contents and providing services
③ Use in marketing and advertising: Purpose of developing new service and providing customized service, providing event and advertisement information, providing participation opportunity, providing customized advertisement information
④ Improvement of service: Purpose of checking the validity of the service, grasping the access frequency, or statistics about the use of the service of the member

2.  Collection items of personal information

A. Sign up for Homepage
-Full name, email address, password

B. Sign up for Pre-Sale
- Full name, e-mail address, password, mobile phone number, nationality, copy of identification (resident registration card, driver's license, passport, etc.), ethereum wallet address to receive LIUM coin (token)
* Excludes personal identification numbers such as resident registration number, driver's license number, and passport number

C. The following information may be collected only for users who use the supplementary services, use customized services and apply for the event.
- If the user agree to collect additional personal information

D. Additional information created and collected during the using service
- When the user uses the service, the Company may collect the user\'s IP address, cookie, browser type and language, log data and so on.

3.  Providing and sharing personal information

The Company shall not use the personal information of the user or provide it to any other person or company/organization except under the consent of the user or the provisions of related laws and regulations.
However, in the following cases, it is possible to provide personal information without the consent of the user pursuant to the provisions of relevant laws and regulations.

① If necessary for statistical writing, academic research or market research, it is possible to provide personal information without the consent of the user if the specific individual is processed in an unrecognized form.
② It is possible to provide personal information without the consent of the user even if there is a request by the investigation agency in accordance with procedures and methods set forth in laws and regulations for the purposes of investigation or for the purpose of investigation.

4.  Retention/Use Period of Personal Information Collected by the Company and Destruction

The Company reserves and uses the personal information of the user in principle for the period of notice and agreement, and if the purpose of collection and use of personal information is achieved or the user's request is destroyed, it will be destroyed without delay. However, the following information will be retained for the period specified below for the following reasons.

A. Reason for holding information according to related laws and company policy
If necessary to preserve in accordance with the provisions of relevant laws and regulations, the user's personal information will be kept for a certain period of time. In this case, the company keeps the information separately, uses it only for its own storage purposes, and does not use it for other purpose such as marketing.

B. The retention and utilization period of the collected personal information is from the time of signing a terms of service (sign-up) to the time of termination (including application for withdrawal, canceled or terminated by the Company).
In case of disagreement, the Company shall destroy the personal information of the user without delay except for the period of storing the information in accordance with the reasons stated above. If the personal information processing is entrusted to the third party, the company shall instruct the fiduciary to destroy it.

C. In accordance with the need to retain personal information pursuant to the laws and regulations of the Republic of Korea, from August 18, 2015, the Company shall protect personal information of users who have not used the Company's services for a period of one year under the ‘Act on Promotion of Information and Communications Network Utilization and Information Protection, etc. Article 29’, the user is notified in advance, and personal information is destroyed or separately stored and managed. If requested by the user, the above period may be set differently. However, if it is necessary to preserve the personal information in accordance with the relevant laws and regulations such as the Communication Confidentiality Protection Act, the Consumer Protection Act in Electronic Commerce etc.,

D. The Company shall notify the users of the expiration date of the period and the items of the personal information by notices, e-mail, etc., along with the fact that the personal information is destroyed or separated or stored or managed until 30 days before the expiration of the period of Section C. To do this, user must provide/update the correct contact information to the Company.

E. Destruction Methods
User’s personal information will be destroyed without delay after the purpose of collection and use is achieved. Personal information printed on paper is shredded or destroyed by incinerator, and personal information stored in the form of an electronic file is destroyed using a technical or physical method that cannot reproduce the record.

5.  The rights of users and their legal representatives and how they should be held

At any time, the user can inquire or modify his or her personal information registered and request cancellation of the membership.
Users can inquire or modify the member information anytime in the My Information menu and apply for withdrawal from the membership through email in case of membership withdrawal. User can also request a personal information manager in writing, by phone or email, and without delay after checking user’s identity.
If the user requests correction of errors in personal information, the Company will not use or provide the personal information until the correction is completed.
Also, if wrong personal information has already been provided to a third party, the result of the correction processing will be notified to the third party without delay to make correction.
The Company treats personal information that has been terminated or deleted at the user's request as described in "Retention and Use Period of Personal Information Collected by the Company" and is prohibited from being viewed or accessed for other purposes.

6.  User Responsibilities

The user is obliged to protect his/her personal information, the Company shall not be liable for any problems caused by leakage of personal information due to user's negligence such as transferring or lending of ID, password, access media, lost of ID or leave your account while logged in.etc., without the fault of the Company in spite of the company's considerable care, if it is a problem on the internet that cannot be controlled, such as a hacking attack using high-techniques that cannot be blocked by security measures.

① The user must keep his / her personal information up to date and the user is responsible for the problem caused by the incorrect information input by the user.
② You may be penalized in accordance with the related laws along with the loss of user qualification when processing the payment by stealing the membership or ID etc. of the other's personal information.
③ The user is responsible for maintaining security for ID, password, etc., and cannot transfer or lease it to a third party. The user is obliged to cooperate with the periodic change of password for security in accordance with the company's privacy policy.
④ After using the service of the Company, the user must close the login account and close the web browser program.
⑤ The user must comply with laws related to personal information of other countries such as "Act on Promotion of Information and Communications Network Utilization and Information Protection, Etc. ", "Personal Information Protection Act ", "Resident Registration Act".

7.  Matters concerning the installation, operation and rejection of the automatic collection device of personal information

The company operates 'cookies' which store and find information of users from time to time. A cookie is a very small text file sent to your browser by the server used to run the website and stored on your computer hard disk. The company uses cookies for the following purposes.
A. Purpose of Use
- Analyzes the frequency and duration of visits to members and non-members, maintains connection sessions for members, analyzes service visits and usage patterns, and provides secure access.
- Members have the option to install cookies. So, members can set all options in the web browser to accept all cookies, check each time a cookie is saved, or refuse to save all cookies. However, if you refuse to install cookies, you will find it inconvenient to use the web and may find it difficult to use some services that require you to log in.

B. How to decline cookie settings
Example: To decline cookie settings, you can either allow all cookies, check each time you save a cookie, or refuse to save all cookies by selecting the option of your web browser.
Example of setting method (for Internet Explorer)
: Tools> Internet Options> Privacy at the top of your web browser

8.  Responsibility for Link Site

The Company may provide users with links to other Web sites. However, this "Privacy Policy" does not apply to collecting personal information of linked websites.

9.  Technical and institutional management for privacy protection

A. Technical measures
The Company takes the following technical measures to ensure the safety of personal information in order to prevent personal information from being lost, stolen, leaked, altered or damaged in handling personal information of users.

① User's personal information is protected by password, and important data is protected by separate security function by encrypting file and transmission data or using file lock function (Lock).
② The company uses security systems such as intrusion prevention system and vulnerability analysis system for each server in preparation for external intrusion such as hacking.
B. Administrative measures
The Company limits access to users' personal information to the minimum number of persons. The minimum number of persons is as follows.
① Those who perform marketing work directly against the user
② Person who performs personal information management duties such as person in charge of personal information manager and employees
③ Any other person who is obliged to handle personal information in business

④ Regular in-house training and outsourcing training is conducted for employees who handle personal information, such as acquiring new security technologies and obligation to protect personal information.
⑤ When join the company, internal procedures are prepared to prevent leakage of information by people through security pledge form and to monitor the performance of privacy policy and compliance with employees.
⑥ The transfer of duties of employees handling personal information is carried out in a secure manner, and responsibilities for personal information accidents are clearly disclosed after joining and retiring the company.

10.  Personal information manager

In order to protect user's personal information and to handle complaints and inquiries related to personal information, the Company has designated the related department and personal information manager as follows.

Personal information manager
Name : Sang-kil Hong
Department :LIUM Corporation CTO
Email : lium_info@lium.io

11.  Personal Information Request

Members may contact the following persons to expedite the handling of personal information inquiries.

Personal information manager
Name : Sang-kil Hong
Department :LIUM Corporation CTO
Email : lium_info@lium.io

12.  Duty of Notification

The current privacy policy can be changed according to the policy of the government or the company. If there is any addition, deletion or modification of the contents, it will be notified in advance on the homepage or e-mail 7 days prior to enforcement. This policy will be enforced from the date of notification. However, if important matters, such as the purpose of collecting/using and the target for providing a third party, are added, deleted, or modified, it will be notified 30 days in advance and will be implemented after 30 days.
In addition, the Company shall comply with the relevant laws and regulations, such as the Act on Promotion of Information and Communications Network Utilization and Information Protection, etc for the collection and utilization of personal information and the provision of third parties, and in the event that the contents related to the items requiring consent of the user are added or changed, the Company will obtain the user's consent in accordance with the relevant laws and regulations.

Please contact the following organizations if you need to report or consult about personal information infringement.

A. Personal Information Infringement Notification Center (operated by Korea Internet & Security Agency)
- Related tasks : Reporting the violation of personal information and requesting counseling
- Homepage : privacy.kisa.or.kr
- Phone: (without area code)118
- Address : (58324) 9 Jinheung-gil, Naju, Jeollanam-do, 3rd Floor Personal Information Infringement Notification Center

B. Personal Information Dispute Mediation Committee
- Related tasks : Personal Information Conflicts Adjustment Application, Group Conflicts Adjustment (Civil settlement)
- Homepage : www.kopico.go.kr
- Phone : 1833-6972
- Address: (03171) 209, Sejong-daero, Jongno-gu, Seoul, KOREA 4th Floor Government Seoul Building

C. Cyber Investigation Division, Supreme Prosecutors' Office : 1301 (cybercid.spo.go.kr)
D. National Police Agency Cyber Bureau : 182 (cyberbureau.police.go.kr)
E. Online Privacy Association : 02-550-9500 (www.opa.or.kr)

13.  This Privacy Policy will be effective March 16, 2018.

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