Developer Agreement for DropChain Inc

Introduction

This Developer Agreement ("Agreement") establishes a legally binding contract between you, the Developer, and DropChain Inc ("Company"). This Agreement governs your use of the Company's Software Development Kits (SDKs), Application Programming Interfaces (APIs), and related services ("Services") for the purpose of developing, deploying, and managing applications within the DropChain Network. By accessing, utilizing, or contributing to the DropChain Network, you affirm your agreement to be bound by and comply with the terms outlined in this Agreement.

1. Definitions

2. Scope of License for Developers

a. License Grant: DropChain Inc hereby grants you a conditional, non-exclusive, non-transferable, and revocable license to access and use its SDKs, APIs, and other provided development tools, strictly for the purpose of developing applications on the DropChain Network. This grant is contingent upon your full compliance with the terms and conditions set forth in this Agreement.

b. Usage Restrictions: As a Developer, you are prohibited from engaging in any form of misuse of the Services. This includes, but is not limited to, infringing upon the intellectual property rights of others, reverse-engineering, unauthorized replication or distribution of the Services, and any other actions that contravene the spirit and purpose of this Agreement. Engaging in unauthorized or improper use of the Services constitutes a violation of this Agreement and will result in the immediate revocation of the granted license.

3. Developer Responsibilities

4. Asset Classification and Compliance

5. Transactions and Dispute Resolution

a. Independent Transactions: All financial transactions between Developers and End Users occur independently and outside the purview of DropChain Inc. Developers and End Users are solely responsible for the terms, execution, and fulfillment of these transactions.

b. Dispute Resolution: In the event of disputes, initial resolution efforts should be pursued directly between the involved parties. If unresolved, DropChain Inc may offer mediation assistance based on available information, but it does not guarantee a specific outcome or resolution.

6. Intellectual Property Rights

a. Developer Content Ownership: Developers retain full ownership and rights to the content they create, particularly within the web2 infrastructure of the DropChain Network. This encompasses all forms of creative and technical output.

b. Promotional License to DropChain Inc: Developers grant DropChain Inc a non-exclusive, royalty-free, worldwide license to use, display, and reproduce their applications for marketing and promotional activities related to the DropChain Network. This license is subject to the developers' proprietary rights and can be revoked under the terms of this Agreement.

7. Liability and Indemnification

8. Reporting and Content Takedown

9. Termination of Agreement

a. Termination Rights:

Company Initiated: DropChain Inc reserves the right to terminate this Agreement at its discretion for any violations or actions by the Developer that are detrimental to the Company's interests, its users, or the DropChain Network.

10. Additional Provisions

a. Updates and Modifications: DropChain Inc may, at its sole discretion, modify or update this Agreement and its associated policies. Such changes will be communicated through appropriate channels and will take effect immediately upon posting. Continued use of the Services following any such changes constitutes acceptance of the new terms.

b. Acknowledgment of Conflict of Interest and Third-Party Content: DropChain Inc acknowledges the potential for conflicts of interest due to its own developments and those by third parties. Additionally, DropChain Inc disclaims any liability for the examination, evaluation, or endorsement of third-party content accessible through its Services.

Conclusion

This Agreement constitutes the full and complete understanding between the Developer and DropChain Inc regarding the use and development of applications on the DropChain Network. It supersedes all previous communications, representations, or agreements, whether oral or written, between the parties concerning its subject matter.