This document establishes the relationship between the Beehive Wallet LLC management (hereinafter referred to as Beehive), the developers (organizers, owners, listing fee payer) of cryptocurrencies (hereinafter referred to as the Developer) and describes the conditions and the procedure for deleting cryptocurrencies (or tokens, hereinafter referred to as the Coin) from the Exchange.
Beehive employees expect to receive from the Developers prompt and comprehensive information that is necessary for the uninterrupted and fair use of the Coin in general operations on Beehive.
If there is no notification of the events listed below, the Coin can be removed from Beehive:
Attacks on the blockchain of the developer's Coin
The website or coin explorer is not accessible
Coins will be removed from Beehive in the following cases:
The Developer stops supporting the Coin
Network instability for a sustained period of time
The developers are suspected of unethical or fraudulent activity
The Developer’s failure to compensate losses suffered by the users of Beehive as a result of an attack on the blockchain Coins, or errors in the Coin software
Violation of a Third Party's Intellectual Property Rights by the Developer.
The Developers of a cryptocurrency are obliged to compensate losses incurred by Beehive due to attacks on the cryptocurrency’s blockchain. Beehive reserves the right to freeze a cryptocurrency wallet until losses have been fully compensated or to delist a cryptocurrency from Beehive in the event of refusal to provide compensation. Should the Developers violate any of their obligations, which leads to users making claims against the administration of Beehive, they are obliged to respond to all claims which the administration of Beehive has brought to their attention.
Prior to the removal of a Coin from Beehive, a period of up to 30 days is set during which users can withdraw their assets. For coins with a broken blockchain an extended period will be set to allow for the potential to move the Coins.
In the event the Coin is delisted, the listing fee is NOT refunded to the Developer.