NOLO User License Agreement

Dear customer, welcome to be a registered user (hereinafter referred to as “the user”) on “NOLO” platform (hereinafter referred to as “the platform”) . Please read the following terms of service carefully before registration: This platform is operated and managed by NOLO Co., Ltd. (hereinafter referred to as “the company”), and provides users with services based on this Agreement. The two parties of this agreement are the user and the company. This agreement grants the user permission to register and use all resources on the platform.

Before registering on the platform, please be sure to read the entire contents of this agreement. Click the "Register" button below to register following the registration process. Upon completing the registration process, it is deemed that the user has fully understood and agreed to the entire contents of the agreement, and signed this agreement. This agreement therefore takes effect immediately. All activities performed by the user on the platform will be bound by this agreement and the user shall bear the corresponding responsibilities and obligations.

1. Contents of the Agreement

1.1 The contents of this Agreement includes all the following terms of the Agreement and clauses that have been publicly announced, or may be published in the future, by the platform. These clauses are an integral part of this Agreement and have the same legal effect as those listed within this Agreement.

1.2 The platform reserves the right to modify the contents of this agreement. If changes are made, the platform will announce them on the platform, and will not notify the user individually. Once the revised terms are announced, they will automatically take effect on the date specified in the announcement. Please pay attention to the platform's announcements regarding relevant terms and rules. If you do not agree with the changes, please call our customer services, or send an email with the subject “Registration Termination Application” to our customer service, whose email address is posted on the platform, within 72 hours from the date of the publication of the revised terms. After receiving the registration termination application, either via email or phone, the platform will negotiate with the user regarding any remaining obligations upon termination of registration. If a user does not send a registration termination application within the time limit described in this article, the user is deemed to have accepted the changes at the expiration of the time limit mentioned in this article, and shall comply with the revised agreement to fulfill his/her due obligations. Once the revised terms and clauses are announced, they will automatically take effect on the date specified in the announcement and will be legally binding to the users.

1.3 This agreement does not involve any legals obligations and legal disputes arising from any actions between the user and other users on the platform. The user hereby irrevocably agrees that he/she will fully accept and carry out any agreement he/she has with other users on the platform, and enjoy and/or waive any corresponding rights, commitments, and obligations.

2. Terms and Conditions

2.1 To be a registered user on the platform, the user must satisfies one of the following：

(1) The user bears full civil rights capabilities and responsibilities (complying with local laws and regulations);

(2) The user is a registered legal person and is capable of independently bearing any civil obligations that apply (based on the laws and regulations of the place of registration);

(3) The user is a legally registered organization (based on the laws and regulations of the place of registration).

If the above requirements are not met, one should immediately stop the registration process on the platform and stop using any platform services. If the user violates the above provisions and registers to use the platform services, the platform reserves the right to terminate the registration process and/or platform services at any time, and pursue legal liabilities of the user (if any).

2.2 During the registration process and use of platform services, the user should provide their own authentic information in accordance with the requirements of the platform, and ensure that all information (including but not limited to name, e-mail address, phone number, identity information, etc.) remains true throughout the use of the platform services, and keep them updated. Any legal liabilities and consequences caused by the user providing false or outdated information will be borne solely by the user. The company and the platform does not bear any responsibilities in this case. The company and the platform will also seek compensation if loss was caused by the user in the above mentioned case.

3. platform services, contents and pricing

3.1 This platform serves users on a global basis. Users can only view, download, and use products and services complying with local laws.

3.2 The platform determines the user’s location based on the IP address at the time of registration. The user recognizes the above criteria for judgment. The platform and the company do not assume any liabilities if the IP address does not reflect the user’s actual location.

3.3 The user's account on the platform can be used to purchase hardware equipments in NOLO’s online mall and acquire ownership of the corresponding product.

3.4 After successful registration, the user can communicate with other users on the platform (forum) under the registered account, and under forum user terms.

3.5 After successful registration, the user can opt to upgrade his/her regular user account to a developer account, complying with NOLO Developer License Agreement.

3.6 When the user logs in to the company's “NOLO HOME” app, he/she can purchase/download VR games within the app. Price for a listed product will be revealed clearly. The user acquires instant ownership and/or other corresponding rights upon successful purchase. No refund will be offered under any condition afterwards.

3.7 The user can rate and/or review a purchased game. The company reserves the right to censor user reviews. User reviews should comply with corresponding laws and regulations, and the user will be solely responsible for his/her reviews. The company can reject any inappropriate reviews, and does not assume any liabilities for censoring user reviews.

3.8 The user has the right to change his avatar, but it will need to be approved by the company. The company has the right to reject any image that does not meet the requirements.

3.9 The user may choose to use paid services on the platform. Prices for these services will be revealed clearly on the platform. If the user chooses to use these paid services, he/she equivalently authorizes the company to deduct corresponding amount directly from his/her linked payment account.

3.10 The company reserves the right to terminate the user’s account on the platform at anytime or refuse the registration application from the user.

4. User Terms and Instructions

4.1 The user may not use the platform or services provided by the platform to engage in any activity that does not comply with national or local laws or may infringe the rights of others. It is not allowed to publish, reprint, or transmit information containing one of the following contents. If the user is found to have engaged in such activities, the platform has the right to directly delete relevant posts based on the independent judgment of the platform, restrict user’s access to certain functionalities of the platform (including but not limited to the termination of the user’s account), without prior notice to the user, and shall not bear any liabilities. If the user’s violation of terms causes loss to the company or the platform, compensation will be sought from the user.

(1) Contents that violate basic principles established by the Constitution;

(2) Contents harm national security, leak state secrets, subvert government, or undermine national unity;

(3) Contents that damage national honors and interests;

(4) Contents that incite ethnic hatred, ethnic discrimination, or undermine ethnic harmony;

(5) Contents that undermine the country’s religious policy or promote cults and feudal superstitions;

(6) Contents that spread rumors, disrupt social order or undermine social stability;

(7) Contents that disseminate obscenity, pornography, gambling, violence, terrorism or crime;

(8) Contents that insult or slander others, or infringe legal interests of others;

(9) Contents that incite illegal assemblies, associations, processions,demonstrations, that gather people to disrupt social order;

(10) Contents that organize activities in the name of illegal civil organizations;

(11) Contents that are prohibited by laws and administrative regulations.

4.2 When using this platform, the user must not violate the following rules. If any of the rules is violated, the platform has the right to directly delete relevant content posted by the user based on independent judgment, and has the right to require the user to correct it or take any necessary measure (including but not limited to suspension, termination, restriction of the user' use of the platform) without informing the user and without assuming any responsibility. If the user’s violation of terms causes loss to the company or the platform, compensation will be sought from the user.

(1) The network service system must not be used for any illegal purposes;

(2) The user must comply with all network protocols, rules and procedures related to network services;

(3)The user must not use this platform to conduct any activities that may adversely affect the normal operation of the Internet;

(4) The user must not use this platform to conduct any activities or make any statements that are unfavorable to the platform or infringe the interests of the company.

4.3 Account Security and Management

4.3.1 The email address, username, password and security question answer submitted by the user to the platform during registration are the unique identification information of the user on this platform. The user should keep the above information private, never unveil them to a third party, and be responsible for the security of the above information. After the user has successfully logged in to the platform with his/her username and password, all actions taken under this user account will be deemed taken by the corresponding user himself/herself and the user shall bear all incurring legal liabilities. The company and the platform do not assume any responsibility.

4.3.2 Assisting Obligations: If the user finds that a third person fraudulently uses his/her account and password,or detects any similar unauthorized activities, he or she shall immediately notify the platform in an effective manner and request the platform to suspend relevant services. Otherwise, all responsibilities arising from this is at the user's own expense. Meanwhile, the user understands and agrees that the platform may not be able to immediately act on its request. Before the platform could act on the user’s request, the platform does not assume any responsibilities for any loss incurred from this third person’s use of services on the platform.

4.3.3 The platform reserves the right to make independent judgments in the event that a transaction may be compromised (or when any other security issues occurs), and suspend or terminate part or all services (including payment services) provided by the platform under this Agreement, and/or remove registration data, without prior notice to the user, and without bearing any liabilities. The foregoing security issues include, but are not limited to:

(1) information provided by the user is inauthentic, invalid, or incomplete;

(2) abnormal transactions, activities that may be illegal;

(3) the user’s account is related to activities of money laundering, cashing out, pyramid schemes, fraudulent use, or others that are deemed risky.

(4) the user is believed to have violated the terms and conditions specified in this Agreement

(5) All other scenarios when suspending or terminating part or all services (including payment services) provided by the platform under this Agreement, and/or removing registration data in advance is necessary.

4.3.4 The user agrees that, if necessary, the platform can stop accepting new registration applications, and may immediately suspend, close or delete existing users’ accounts and all relevant data without prior notice.

4.3.5 Account Cancellation: When the user decides to stop using his/her account on the platform, he/she shall first pay off all outstanding balances, and proceed with the company for a review. The account can be officially cancelled with the company’s approval. In the case where the user is declared dead, his/her rights and obligations under this Agreement will be transferred to his/her successor. If the user loses part or all of his/her civil rights or civil capacities, the platform or its authorized subject will take actions in accordance with valid legal documents (including but not limited to, court orders, state laws, etc.) or with their legal guardian's instructions, to proceed with remaining payments under the user’s account. This also applies to the case where the user’s account has to be canceled without the user’s consent.

4.3.6 The user agrees that the suspension, interruption or termination of the user’s account does not represent the termination of the user’s responsibilities. The user shall still be liable for all outcomes resulting from his/her possible breach of contract or violation of the service terms during his/her use of the platform. And the platform may keep the user’s data.

4.4 Intellectual Property

4.4.1 All contents on the platform, including but not limited to texts, data, pictures, audio, video, source code and all other information, are owned by the company and this platform or partnered third parties. One must not copy, imitate, adapt, transmit, publish, display, or in any other way infringe intellectual property rights without written consent of the right holder. the user must not publish any content contained in this platform to any other platform or server. Any unauthorized use of the contents of this platform is illegal, and the company or corresponding right holder has the right to pursue legal liability.

4.4.2 The user must not resell or commercially exploit the platform or its contents; the user must not conduct any derivative use of the platform or its contents; the user must not, for commercial interests, download or copy account information or use any data collection tools to collect data from the use of the platform.

5. User privacy terms

5.1 The user agrees that this platform collects and stores user information including but not limited to information provided by the user, transaction information, and user activities on the platform. The main purpose of the collection of user data is to improve the efficiency and quality of services.

5.2 The platform does not provide the public or third parties with registration information of the users and private contents users stored on the platform, except in the following situations :

(1) Prior authorization is obtained from the user

(2) following laws and regulations

(3) under the request of government agencies

(4) For the interests of the general public

5.3 The platform may cooperate with third parties to provide relevant services to the users. In this case, if the third party agrees to assume the same responsibilities as the platform to protect user data, the platform may provide user data to the third party.

5.4 The platform automatically tracks user activities on the platform and collects relevant data. The platform has the right to commercially utilize such data without sacrificing user privacy.

5.5 The user agrees that the company and the platform may use data collection tools on certain webpages hosted by the platform.

6. Disclaimer of liabilities

6.1 For the special nature of the Internet, the company cannot guarantee that the services provided by the platform will not be interrupted. Such interruptions can be caused by, including but not limited to, flawed hardware or software, equipments provided by third-parties, system breakdown, computer viruses, cyber attack, power failure, earthquake, tsunami, and other uncontrollable situations. The company or the platform shall not be liable for any loss incurred by the above mentioned situations.

6.2 The company is not obligated to monitor any contents posted on the platform, hence does not guarantee the authenticity of such information. If the user chooses to use services and information on the platform, he/she will have to bear any incurring legal liabilities and consequences. The company does not assume any responsibilities for such matters.

6.3 The company is not responsible for services provided by any third parties.

6.4 The contents on this platform may involve third-party information or third-party platforms. The authenticity, reliability, and validity of such information or third-party platforms are the responsibilities of the relevant third parties. The user may use this information or third-party services. The company does not assume any liabilities for such information or services.

6.5 In any case, the total amount of compensation for breach of contract (if any) is not more than the total amount charged to users.

7. Risk tips

7.1 The user understands and accepts that any transaction made through this platform cannot avoid the following risks. The platform cannot and does not bear responsibilities for the following situations:

(1) Macroeconomic risks: Changes in the market may cause abnormal price fluctuations which may cause the user monetary loss;

(2) Policy risks: Changes in relevant laws, regulations, and related policies and rules may cause the user monetary loss;

(3) loss caused by uncontrollable situations such as earthquake or tsunami;

(4) Any loss caused by the the behavior of the user, including but not limited to: improper operation, forgetting or revealing passwords, password cracking by others, computer system used by the user being invaded by a third party, malicious or improper operation performed by others authorized by the user;

7.2 The above tips does not reveal all risks and market situations involving the platform and the user. Before making a transaction, the user should fully understand the transaction and relevant risks, and take full responsibility for that transaction once it’s made.

8. Other

8.1 The laws of the People's Republic of China apply to the conclusion, execution, interpretation and dispute resolution of this Agreement. The terms of this agreement are separable. Partial invalidity does not affect the effectiveness of other parts. The platform has the final power of interpretation of this agreement.

8.2 If you are a registered user of the platform, the terms of this Agreement will be valid throughout your’s use of the platform, until you log out of the platform or your account is cancelled.

8.3 If there is any dispute, it should be settled through friendly negotiation. If negotiation fails, the dispute shall be submitted to the court with jurisdiction over where the company is located.