Usage Policy

Last updated: September 12, 2024

Product Purpose and Compliance

This Usage Policy defines the intended purpose, limitations, and compliance requirements for Offlido's offline storage accessories. Our products are designed exclusively as physical accessories to support offline key-storage systems and do not provide any services related to the purchase, holding, exchange, or trading of cryptocurrencies or digital assets.

By purchasing and using our products, you acknowledge that you understand these limitations and agree to use our accessories only for their intended purpose as described in this policy.

Important Notice: Business not pertaining to the purchase, holding, or exchange of cryptocurrencies. We do not offer additional services such as purchasing, selling, exchanging or trading assets. Totally compliant with local legal requirements.

1. Purpose & Limitations

Intended Use

Offlido accessories are designed exclusively to support offline storage systems for private keys and sensitive data. Our products serve as physical storage and protection solutions that operate independently of any digital services or platforms.

What Our Products Do

  • Provide physical storage solutions for seed phrases and private keys
  • Offer fire and water resistance for stored information
  • Create electromagnetic shielding for device privacy
  • Supply tamper-evident security accessories
  • Support offline backup and recovery procedures

What Our Products Do NOT Do

  • Store, manage, or access cryptocurrency or NFT private keys electronically
  • Provide buying, selling, exchange, or trading services for any digital assets
  • Connect to the internet or any network services
  • Offer wallet software, applications, or digital interfaces
  • Provide investment advice or financial services
  • Generate, validate, or process cryptocurrency transactions
  • Offer custodial services for digital assets
  • Provide recovery services for lost or damaged information

Hardware Wallet Context

While our accessories may be used alongside hardware wallets, it's important to understand that hardware wallets themselves:

  • Store cryptocurrency and NFT private keys offline using secure elements
  • Do not provide buying, selling, exchange, or trading services
  • Require users to manage their own private keys and seed phrases
  • Operate independently of our physical accessories

2. Security Features and Testing Standards

Physical Security Design

Our accessories are designed with multiple layers of physical security, but do not include electronic security features such as:

  • Isolated secure-element chips (these are found in hardware wallets, not our accessories)
  • PIN or passphrase protection (digital security features)
  • Electronic seed phrase generation or validation
  • Firmware or software components

Verified Testing Standards

Our products undergo standardized testing to verify their physical protection capabilities:

  • Fire Resistance Testing: Laboratory tested to withstand temperatures up to 1000°C for specified durations
  • Water Resistance Testing: IP68 rating verification through 24-hour immersion testing at specified depths
  • Electromagnetic Shielding: Verified shielding effectiveness of >60dB across 1MHz-18GHz frequency range
  • Material Specifications: Grade 316 stainless steel meeting ASTM A240 specifications
  • Corrosion Resistance: Salt spray testing according to ASTM B117 standards
  • Impact Resistance: Drop testing from specified heights on concrete surfaces

Testing Limitations

While our products are tested under controlled laboratory conditions, real-world performance may vary based on:

  • Specific environmental conditions and exposure duration
  • Proper installation and usage according to provided instructions
  • Age and condition of the product at time of exposure
  • Combination with other protective measures

3. Legal Requirements and User Responsibilities

Product Compliance

Our physical accessories are manufactured in compliance with applicable UK and EU product safety standards and do not require KYC/AML compliance as they are passive physical storage solutions without electronic components or network connectivity.

User Legal Responsibilities

Users are solely responsible for ensuring compliance with all applicable laws and regulations, including:

  • Import/Export Regulations: Compliance with customs and import/export rules for security accessories in your jurisdiction
  • Local Laws: Adherence to local laws regarding possession and use of security equipment
  • Tax Obligations: Payment of applicable taxes, duties, and VAT on product purchases
  • Data Protection: Compliance with local data protection and privacy laws for stored information
  • Financial Regulations: If using accessories with cryptocurrency storage, compliance with local cryptocurrency regulations
  • Professional Requirements: Meeting any professional or industry-specific security requirements

Regulatory Disclaimers

  • We do not provide legal advice regarding cryptocurrency regulations or compliance requirements
  • Users must consult with qualified legal professionals regarding their specific compliance obligations
  • Regulatory requirements may change, and users are responsible for staying informed of applicable laws
  • Our products do not guarantee compliance with any specific regulatory framework

Prohibited Uses

Our products may not be used for:

  • Any illegal activities or purposes prohibited by applicable law
  • Circumventing legal requirements or regulatory compliance obligations
  • Storing information related to illegal activities
  • Any use that violates export control or sanctions regulations

4. Risks, Limitations, and Liability

User Risk Acknowledgment

By using our products, you acknowledge and accept the following risks and limitations:

Information Loss Risks

  • Permanent Loss: Loss, damage, or destruction of stored seed phrases, private keys, or other information means permanent loss of access to associated digital assets
  • No Recovery Services: We cannot and do not provide recovery services for lost, damaged, or destroyed information
  • User Responsibility: Users are solely responsible for creating and maintaining backup copies of all stored information
  • Physical Damage: While our products are tested for durability, extreme conditions may still cause damage or information loss

Market and Financial Risks

  • Market Volatility: We are not responsible for changes in the market value of any digital assets
  • Technology Changes: Changes in cryptocurrency protocols or standards may affect the usability of stored information
  • Regulatory Changes: Changes in laws or regulations may affect the legality or usability of stored information

Product Limitations

  • Physical Limits: No physical protection system is 100% effective under all possible conditions
  • Proper Use Required: Products must be used according to provided instructions for optimal protection
  • Environmental Factors: Extreme or prolonged exposure may exceed product specifications
  • Age and Wear: Product effectiveness may decrease over time due to normal wear and aging

Manufacturer Liability Limitations

To the fullest extent permitted by applicable law:

  • We are not responsible for the loss, theft, or compromise of stored information
  • We do not guarantee the recovery or restoration of any stored data
  • We are not liable for any financial losses related to digital assets or market changes
  • Our liability is limited to the replacement cost of defective products under warranty
  • We do not provide insurance or compensation for stored information or associated assets

User Precautions

To minimize risks, users should:

  • Create multiple backup copies of all stored information
  • Store backups in separate, secure locations
  • Regularly verify the integrity of stored information
  • Follow all provided usage instructions and safety guidelines
  • Consider professional security consultation for high-value storage

5. Warranty Terms and Technical Support

Manufacturing Warranty

We provide limited warranties against manufacturing defects for the following periods from date of purchase:

  • Stainless Steel Seed Phrase Plates: 10 years manufacturing defects
  • Fire & Water Resistant Cases: 5 years manufacturing defects
  • Faraday Device Sleeves: 2 years manufacturing defects
  • Security Accessory Kits: 1 year manufacturing defects

Warranty Coverage

Our warranty covers:

  • Defects in materials under normal use conditions
  • Manufacturing defects that affect product functionality
  • Failure to meet published specifications due to manufacturing errors

Warranty Exclusions

Our warranty does not cover:

  • Damage from misuse, abuse, or conditions beyond product specifications
  • Normal wear and tear from regular use
  • Damage from extreme conditions exceeding tested parameters
  • Loss or damage to stored information or data
  • Consequential damages or financial losses
  • Products modified or altered from original specifications

Technical Support

We provide technical support for:

  • Product specifications and technical documentation
  • Proper usage instructions and best practices
  • Warranty claims and replacement procedures
  • Compatibility questions with storage systems

Support Limitations

We do not provide support for:

  • Cryptocurrency wallet software or applications
  • Recovery of lost or damaged information
  • Legal or regulatory compliance advice
  • Investment or financial advice
  • Third-party products or services

6. Shipping, Returns, and Refund Policy

Shipping Information

Standard shipping times and costs:

  • United Kingdom: 1-5 business days, £5.99-£12.99 depending on product size
  • European Union: 5-10 business days, £15.99-£29.99 depending on destination and product size
  • Express Shipping: Available for additional cost, contact for pricing

Taxes and Duties

  • All prices exclude VAT, which will be added at checkout for UK customers
  • EU customers may be subject to local VAT and import duties
  • International customers are responsible for all customs duties and taxes
  • Additional fees may apply for customs clearance

Return Policy

Returns are accepted under the following conditions:

  • Time Limit: Returns must be initiated within 30 days of delivery
  • Condition: Products must be unused and in original packaging
  • Custom Products: Personalized or custom-engraved items cannot be returned unless defective
  • Return Shipping: Customer responsible for return shipping costs unless product is defective

Refund Policy

  • Refunds processed within 5-10 business days after receipt of returned items
  • Refunds issued to original payment method
  • Shipping costs are non-refundable unless product is defective
  • Restocking fee of 15% may apply to opened products

Defective Product Returns

  • Manufacturing defects covered under warranty at no cost to customer
  • We provide prepaid return shipping for defective products
  • Replacement or full refund provided for confirmed defects
  • No restocking fees for defective products

Contact Information

For questions about this Usage Policy or our products, please contact us:

Address

97 Tiverton Rd, Selly Oak
Birmingham B29 6BW, UK