Legal · Terms

Terms & Conditions

Last updated: June 5, 2026

Welcome to BlokVault. These Terms and Conditions ("Terms") govern your use of our platform and services. By accessing or using BlokVault, you agree to be bound by these Terms.

1. Acceptance of Terms

By creating an account, accessing our platform, or using our services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you may not use our services.

2. Description of Services

BlokVault provides a platform for whiskey investment in premium whiskey collections through blockchain technology. Our services include:

  • NFT-based ownership of whiskey collections
  • Blockchain-based transaction recording
  • Professional storage and insurance services
  • Secondary marketplace for trading whiskey NFTs
  • Investment tracking and reporting tools

3. Eligibility

To use our services, you must:

  • Be at least 18 years of age (or the age of majority in your jurisdiction)
  • Have the legal capacity to enter into binding agreements
  • Not be prohibited from using our services under applicable laws
  • Complete our identity verification process (KYC/AML)
  • Reside in a jurisdiction where our services are legally available

4. Account Registration and Security

You are responsible for:

  • Providing accurate and complete registration information
  • Maintaining the security of your account credentials
  • Immediately notifying us of any unauthorized access
  • All activities that occur under your account
  • Keeping your contact information updated

5. Investment Risks and Disclaimers

Investment Risks

Investing in whiskey through BlokVault involves significant risks, including:

  • Market volatility and potential loss of investment
  • Illiquidity of whiskey investments
  • Storage and insurance risks
  • Regulatory changes affecting the whiskey market
  • Technological risks related to blockchain infrastructure
  • Counterparty and custody risks

No Investment Advice

BlokVault does not provide investment advice, recommendations, or guarantee returns. All investment decisions are your sole responsibility. You should consult with qualified financial advisors before making investment decisions.

6. Fees and Charges

BlokVault charges fees for various services, including:

  • Management fees for storage and insurance
  • Transaction fees for buying and selling NFTs
  • Platform maintenance fees
  • Withdrawal and transfer fees

All fees are disclosed before transactions and may be updated with notice to users.

7. Blockchain and Smart Contracts

By using our platform, you acknowledge and agree that:

  • Blockchain transactions are irreversible
  • Smart contract code governs certain platform functions
  • We are not responsible for blockchain network delays or failures
  • Transaction fees on blockchain networks are your responsibility
  • Blockchain data is public and transparent

8. Prohibited Activities

You agree not to:

  • Use the platform for any illegal activities
  • Attempt to hack, exploit, or disrupt our systems
  • Create multiple accounts to circumvent restrictions
  • Manipulate or attempt to manipulate markets
  • Engage in money laundering or terrorist financing
  • Violate any applicable laws or regulations
  • Infringe on intellectual property rights

9. Suspension and Termination

We reserve the right to suspend or terminate your account if you:

  • Violate these Terms or our policies
  • Engage in prohibited activities
  • Fail to complete required verification procedures
  • Are subject to sanctions or legal restrictions

Upon termination, you may withdraw your investments subject to applicable restrictions and fees.

10. Intellectual Property

BlokVault and its licensors own all intellectual property rights in the platform, including trademarks, copyrights, and trade secrets. You may not copy, modify, or distribute our intellectual property without permission.

11. Limitation of Liability

To the maximum extent permitted by law, BlokVault's liability is limited to the amount of fees paid by you in the 12 months preceding the claim. We are not liable for:

  • Investment losses or market fluctuations
  • Indirect, consequential, or punitive damages
  • Loss of profits, data, or business opportunities
  • Third-party actions or blockchain network issues

12. Indemnification

You agree to indemnify and hold harmless BlokVault from any claims, damages, or expenses arising from your use of our services, violation of these Terms, or infringement of any rights of third parties.

13. Governing Law and Dispute Resolution

These Terms are governed by the laws of New South Wales, Australia. Any disputes will be resolved through binding arbitration in accordance with the rules of the Australian Centre for International Commercial Arbitration (ACICA), except for claims that may be brought in small claims court.

14. Regulatory Compliance

BlokVault operates in compliance with applicable financial regulations. You acknowledge that:

  • Our services may not be available in all jurisdictions
  • You are responsible for compliance with local laws
  • We may be required to report certain transactions
  • Regulatory changes may affect our services

15. Force Majeure

We are not liable for delays or failures caused by circumstances beyond our reasonable control, including natural disasters, government actions, network failures, or other force majeure events.

16. Modifications to Terms

We may update these Terms from time to time. Material changes will be communicated to users with reasonable notice. Continued use of our services after changes constitutes acceptance of the updated Terms.

17. Severability

If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will continue to be valid and enforceable to the fullest extent permitted by law.

18. Redemption and Fulfilment

All physical bottle redemptions are processed and fulfilled by a New South Wales licensed liquor distributor, in accordance with applicable Australian liquor laws and regulations. The distributor handles age verification, packaging, and dispatch from the licensed cellar in Sydney, Australia.

To enable lawful delivery, we share the fulfilment information you provide at redemption — recipient name, shipping address, contact details, and proof of age where required — with the distributor. The recipient must be of legal drinking age in their jurisdiction and may be required to present photo ID and signature on delivery. Bottles cannot be shipped to jurisdictions where the import of alcohol is prohibited.

Import duties, excise taxes, and any other charges levied by the destination country are the responsibility of the recipient and are payable on arrival.

19. Contact Information

If you have questions about these Terms, please contact us at:

By using BlokVault, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.