This agreement has a purpose of regulating the use condition and procedure of the block chain base service and related all other services(referred to as “Service” hereinafter) provided by the SkyKoreaPanax(referred to as “Company” hereinafter), rights and duties among the members and the company and all the other articles. Recently, there occur cases of using the encoding money etc such as bit coin as a vehicle of electronic financial fraud such as smishing and parsing recently. Therefore, the members should without fault pay much attention for themselves in order not any damage to occur due to electronic financial fraud and if investigation by the investigation institution, law making body and administrative office etc or other public power is made due to any electronic financial fraud and thus the freezing of the corresponding account and electronic purses is needed, the Company should be able to freeze up the corresponding account and electronic purses without any consent from the members. If any damage occurs to the Company due to any illegal act of a member, the Company can exercise the legal damage compensation request right to the member. Thus, please abide by the law without fault when you use the company’s service.

1. ① The content of this agreement comes into effect when the mobile and website related to the member subscription of the company has been displayed or announced to the user in other ways and when the user subscribes as a member and agrees on this agreement.
2. ② The Company can revise this agreement in the scope of not violating the Regulation of Standardized Contracts Act and the the law regarding the promotion of information and communication network use and protection of information and the related laws.
3. ③ When the Company revises this agreement, the Company should specify the applied date and the reason of the revision and announce it starting from 7 days before the applied date as the initial screen, popup screen or as an announcement in the Company’s website along with the current agreement. However, if such revision is disadvantageous or if there are any heavy change in the content, the Company should notify it 30 days in advance of the applied date.
4. ④ Even though it is regarded that the members have presented the agreement if the Company has not expressed any intention within 7 days to the members when the Company announces the revision agreement in accordance with the previous clause, if the member has not expressed any refusal intention explicitly, the member is regarded to have agreed upon the revised agreement.
5. ⑤ If the member has expressed the explicit intention that he does not agree with the application of the revised agreement, the Company can not apply the content of the revision and in this case, the member can cancel the use agreement. However, if there are any special circumstances where the conventional agreement can not be applied, the company can cancel the use agreement.

The Company can set any separate announcement, individual agreement, individual agreement, use guide, operation policy and detailed guidelines etc about the service (referred to as “detailed guidelines” hereinafter) and notify them to the members and gain agreement and if the content for which approval has been received from the member among the detailed guidelines conflicts with this agreement, the detailed guideline is applied preferentially. Regarding the articles and interpretations not regulated in this agreement, the specific guideline, related law and the commercial law shall be applied.

The definitions of the terminology used in this agreement are as follows.

1. ① Member : Refers to the person who subscribes as a member after approving this agreement and concluded the service use agreement with the company.
2. ② ID: Refers to that the member sets with a combination of the letters and digits approved by the company for the use of the service and the identification of the member.
3. ③ Encoded money : Information existing electronically in the block chain network such as in the Bit Coin(BTC) and refers to the object utilized as the vehicle of the transaction service.
4. ④ Password : refers to the set in accordance with the combination of the letters and the digits approved by the company and made by the user for the protection of the member information and the verification of the identity of the member.
5. ⑤ Electronic purse : It is the unique information identifiable for the user of the points and the encoded money and is the unique information by which the company permits the use of the account to the user.

• • The user applies for the member subscription by subscribing the member information according to the subscription form set by the company and giving the intention of agreeing upon this agreement.
• • The member subscription shall go in effect at the point when the approval of the company arrives at the member.
• • The use agreement shall be concluded in the member ID unit. When the use agreement has been established, the use applicant will be registered as the member.
• • Such member who has misused other person’s information including his or her name and telephone number or is not using the real name and subscribes falsely can not be protected legally and all the legal, civil and criminal responsibility due to such fraud shall be upon the member totally.
• • The Company can request for the real name verification and member certification to the professional institution according to the types of the user by way of the related laws when the Company needs such request during the application of the use of the service. The company shall not take responsibility for any disadvantages occurring since the user refuses the provision of information to the Company and thus the user verification has not been able to be made.

1. ① The user applied for the member subscription by presenting the intention that he or she agrees on this agreement after subscribing the member information required in the subscription form prescribed by the Company.
2. ② The member subscription shall become in effect at the point when the approval of the company has arrived at the member.
3. ③ The use agreement shall be concluded in the member ID unit. Once the use agreement has been established, the use applicant is registered as a member.
4. ④ Such member who has misused other person’s information including his or her name and telephone number or is not using the real name and subscribes falsely can not be protected legally and all the legal, civil and criminal responsibility due to such fraud shall be upon the member totally.
5. ⑤ If the user is a citizen, immigrant or a resident in the country or region regulated as blacklist country of fund laundry prevention at the FATF(Financial Action Task Force), the service use can be limited and the member shall guarantee each of the following phrases.
   1. 1. Should not be a person, citizen, immigrant or resident of a blacklist country
   2. 2. Shall not use the service during the stay in a blacklist country
6. ⑥ The Company regards all the member information written in the on-line subscription form regarding the application in accordance with the clause 1 as the real data and the user who has not input the real name or real information can not be protected legally and can be restricted to the use of the service. When needed, the Company can request for a real name verification and member certification to a professional institution according to the type of the user by way of the related laws. If any damages occur due to that the user refuses this request of provision of information from the Company, the Company is not held responsible.

1. ① For the use application, the user should record the matters required by the company’s subscribed subscription application form to apply.
2. ② All the member information written in the subscription application form on-line shall be regarded as the real data and the user who has not entered the real name or the real information can not be protected legally and shall be restricted to the use of the service.
3. ③ If it has been revealed that the subscription has been made using information different from the fact or using any false information, the Company can suspend the use of the service temporarily or suspend the service permanently and cancel the use agreement. All the damages occurring due to a third person or the company, the corresponding member do not take any responsibility.

1. ① Agreement about use of the member information
   1. 1. The Company shall use the member’s personal information for the purpose of enforcement of this use agreement and the service provision mentioned in this use agreement,
   2. 2.For the member to use the serviced allied with the company and the company to use the services conveniently, the member information can be supplied to the company and the tied-up corporations. However, the Company should announce in advance the tied-up companies, purpose of provision and the content of information of the member to be provided prior to the provision of the member information and obtain the approval of the member.
   3. 3. The member can read and correct his or her personal information at any time through the member information correction.
   4. 4. When the member subscribes the member information in the use application form and applies for the use to the company in accordance with this agreement, it is regarded that the user has agreed that the Company shall collect, use and provide the member information subscribed in the use agreement in accordance with this agreement.
2. ② Approval of the use application
   1. 1.The Company can approve the member subscription if the member has written correctly all the matters required in the Company’s prescribed subscription application form. However, in case of the number 2 and 3, the Company can retain approval or refuse the approval.
   2. 2.The Company can hold the approval about the use application corresponding to each of the following phrases.
      1. A. When there is no extra facilities
      2. B. When there is technical obstruction
      3. C. Other cases that the approval of the use can not be made due to the Company’s circumstances.
   3. 3. The Company is entitled not to approve the use application about the us applications corresponding to any of the followings.
      1. A. If the name is not the real name
      2. B. When the user has subscribed using another person’s name
      3. C. When the user has applied by writing the false necessary content when applying for the use
      4. D. When the application has been made for the purpose of the degradation of the farewell and the customs of the society
      5. E. When there is any lacking part in terms of the Company’s prescribed use applicati9on condition.

1. ① The use agreement is canceled by way of the canceling by the member or the company.
   1. • The Company can cancel the use agreement or limit the use of the service after announcing by setting an enough period if any of the following applies to the member.
      • - When the member has misused other people’s service ID or password
      • - When the member has obstructed intentionally the operation of the service.
      • - If the name of the subscriber is not the real name.
      • - When the user has used the service with the purpose of degrading the social benefits
      • - When the user has damaged the dignity of other people or gave disadvantages
      • - When the user has transmitted an abundant information or transmitted the marketable information with the purpose of obstructing the stable operation of the service.
      • - When the user has distributed the computer virus program which invokes the destruction of the information or the wrong operation of the information telecommunication facilities.
      • - When the user has used other person’s personal information, user ID or password.
      • - When the user has copied, distributed or used commercially without prior content of the company the information obtained using the Company’s service information.
      • - When the same user used other ID and logged in dually.
      • - When the user has infringed intellectual right of the company, other member or any other third person.
      • - When the user has received the authoritative interpretation from the Election Management Committee regarding the illegal election campaign or if there are any correction requests from an external institution such as the Korea Communication Standards Commission etc.
      • - When the company has collected, stored or disclosed the personal information about the user.
      • - When it is judged that the use of the member’s service is connected to any crime.
      • - When the acts of the member violates other related laws.
2. ② Service use suspension and limitation procedure
   1. 1.When the Company wishes to restrict the use, the Company should set the reason, date and time and the period and notify the corresponding member or its agency in ways such as in writing(e-mail included) or telephone or a message in the home page.
   2. 2.However, when it is acknowledged that the Company should suspend the use of the information urgently, the Company can restrict the use of the service without the procedure of the previous clause.
   3. 3.The member or the agency who has been notified about the suspension of the use of the service, such member or agency can apply for an objection when it has one.
   4. 4.When the company has found out that the reason of the suspension of the use has been solved during the use suspension period, the Company shall release such use suspension measure.
3. ③ Canceling of the use agreement
   1. 1.If the same act goes on more than twice or the reason has not been corrected within 30 days after the Company has suspended the use of the service or has limited the use, the Company can cancel the use agreement.
   2. 2.When the company cancels the use agreement, the member registration is annulled. In this case, the Company shall notify the member and provide the opportunity for the user to explain before the annulment of the member registration.

1. ① The member can read and correct his own personal information at any time in the correction screen of the personal information. However, the user may not change the name and date of birth, gender and ID etc which are needed for the maintenance of the service.
2. ② When the written content changes when the member subscribes, the member should correct on-line and notify the company through e-mail or in another way.
3. ③ The Company does not take responsibility about the disadvantages occurred since the user did not notify the company the changed content in clause 2 above.

1. ① All the management responsibility about the ID and the Password is upon the member. Regarding all the results occurring due to the neglect of the management or illegal use of the ID and password conferred to the member, the member should take responsibility and the Company does not take any responsibility for it. However, If it has occurred due to any intentional act or fault of the company, the member does not take responsibility.
2. ② When the user got to know that his own ID has been used illegally, the user should notify that fact to the company and follow the guidance of the company.
3. ③ If the user did not notify the company such fact in case of the clause 2 or if the user has not followed the Company’s guidance although he has notified the company, the company does not take responsibility for any disadvantages occurred.

The Company can provide the information about the product and use guidance for the use convenience about the following service using methods such as wired or wireless phone, electronic mail, LMS or SMS or the SNS etc. In this case, the member can refuse at any time.

1. ① Encoding money-related service
2. ② Service such as event and even-related
3. ③ Other services provided to the member after the company decides.
4. ④ Home-page related service

1. ① The service that the company provides is as follows.
   • 1.1. Encoding money sales service (encoding money purchase, market price information search-related service)
   • 1.2. Payment and payment agency service using the encoding money
   • 1.3. International and domestic purchase agency service using the encoding money
2. ② The types of the service provided by the company can be changed at any time due to the circumstances of the company and the copyright and the intellectual property right about such service provided belong to the Company.
3. ③ The Company only provides the use right only that permits the user to use the account, ID, service and points etc in accordance with the use condition prescribed by the Company and the member can not use such information for other purposes such as commercial or provision of other similar service.

1. ① The Company shall notify the matters about the characteristics, procedure and method of each service according to the types of the service through the service screen and the member should understand the matters related to each service announced and use the service.
2. ② The Company can change part or whole of each individual service provided according to the technical needs or operational needs due to a certain cause. In this case, the Company should notify it the corresponding content in at least 7 day advance. The member does not take responsibility about the damage occurred since the member did not look at the content of the announcement.

1. ① The use of the service shall be provided 24 hours a day 365 days a year unless there are any special technical or task-related impendence in the company. However, such days that are set in advance by the company due to needs such as regular check-up etc, such days can be excepted.
2. ② The Company can divide the service into a certain scheduled scope and set the usable time for each scope. In this care, the Company should notify such content in advance.
3. ③ The Company can suspend the provision of service if any of the following clauses apply. In this care, the Company should notify in advance the suspension of provision of service unless it is an inevitable case.
   • • When it is unavoidable due to constructions etc such as the repair of the service equipment
   • • When the period telecommunication business person prescribed by the Electricity telecommunication business law has suspended the electronic telecommunication service.
   • • In case of the services that are provided using a third party such as the affiliated company not the service provided directly by the Company, and if the third party such as the affiliate company has suspended the service.
   • • Other force majeure etc has occurred.
4. ④ The Company can suspend part or whole of the service or limit it when there are any obstructions in the use of the normal service due to the jam of the use of the service or any obstruction of the service equipment, power failure or any national emergency state.

1. ① The company can limit the use of the payment for the member if any of the following happens.
   • • When it is judged that the purchaser and the seller are the same person
   • • When there is any request from the payment service provider or the publisher
   • • Other cases where the use of payment should be limited due to the Company’s operational policy
2. ② If any of the above happens, the Company shall notify the members the corresponding content in ways such as home page announcement, application and push alarm etc.
3. ③ When a multiple reasons of limitation occur, the release of such limitation can be processed only when all the limitation release conditions have been met.

1. ① The Company can limit or delay the use of the deposit or withdrawal of the member when any of the following applies.
   • • When the subscribed member name and the depositing person’s name are different.
   • • When the use has overpassed the scope of the limitation of use of the service set by the company
   • • When the provision of information is suspected to have been used in any illegal acts, which means that the account of the member was used illegally by any national institutions such as police or tax office etc or any financial institutions.
2. ② The company should notify the corresponding content to the member in the case above and announce through the announcement in the home page.
3. ③ When any reason of limitation of use or delay has occurred, only when the release condition required by the manager or the operator has been satisfied, such limitation or delay can be released.

1. ① The member who wishes to sell or purchase the encoded money through the service provided by the company should register the transaction according to the registration form provided by the company.
2. ② Use of the additional service
   • 1. All the services which are provided to the member by the company in relation to the encoded money are offered for the promotion of convenience of each member individual only as the use right and any type of all the other similar service or commercial use which overpasses the scope of the use right of the service is prohibited.

The responsibility occurred due to any illegal use of the service goes wholly onto the member. Such illegal uses may include the followings.

• • When the member has leased such access media to a third person or has entrusted the use to another person or has transferred the use or provided such use as a security.
• • When the member has used the service illegally often intentionally or through a heavy fault
• • When the member has not notified when the Company has not cooperated for any investigations for the damage investigation due to any illegal use of the service or has obstructed such investigation.
• • When the member did not notify the company the fact that any third party accessed the access media with no right.

1. 1. The company can impose a commission in return to the provision of the service through internet to the purchaser or the seller. The commission has been specified in the Company’s use manual and this can be changed in accordance with the circumstances of the company or the market.
2. 2. 2. The company can stop the service provided when any cause occurs which preclude the service that the company has to provide or when the Company has to replace with a new service.

The Company is making efforts in order to protect the personal information of the member in accordance with what the related law regulates. The personal information of the member can only be used within the scope and purpose that have been agreed upon by the member for the smooth provision of the service. The Company can not provide the personal information of a member to any third party unless the member has agreed separately and the detailed content about this is specified in the personal information process policy.

1. ① The Company does not provide any guarantee for any matters that have not been specified in the agreement in relation to the service. Also, the Company does not guarantee the value of the encoded money that the Company itself has not issued or paid.
2. ② When the company is exempted from responsibilities when it can not provide the service due to reasons such as natural disaster, DDos attach, IDC breakdown, stop of the server operation due to rapid rise of the service connections, network disorder among the institution telecommunication business people or any other type of force majeure. However, this does not apply if such inability has occurred due to any intention or fault of the company.
3. ③ When any disorder occurred inevitably due to problems of the block chain, damage in the encoded money issue management system itself, technical problems, or any faults of the telecommunication service company or regular server checkup, the Company does not take any responsibility for it. However, this does not apply if that has happed due to any faults or intentional act of the Company.
4. ④ The Company does not take any responsibilities for any disorder of the service use due to a cause attributable to a member or the result of it. Also, this does not apply when such case has occurred due to any fault or intentional act of the Company.
5. ⑤ When the Company has made any transactions with the services among members and the third party as a medium, the Company does not take the responsibility for it. However, this does not apply if that has happened due to any fault or intentions of the Company.
6. ⑥ The Company does not take any responsibility unless there is no fault or intentional act of the Company or there is no special regulations in accordance to the related law regarding the use of the service provided by the Company for free.
7. ⑦ The Company can perform regular, irregular or urgent server checkup for the stable provision of the service. If the market price of the encoded money in the national and international encoded money exchange differs from the market price of the encoded money of the selling or purchasing order list on the service after the completion of the server checkup, the company can adjust the functions in accordance with the internal policy to protect the member.
8. ⑧ Anyone who has received or acquired with no right the encoded money possessed by a third party due to any service error, computing disorder or any other cause, the Company should notify such person and take the necessary measures such as retrieving the corresponding encoded money and recovery of the system.
9. ⑨ If the member requests for a damage to the Company, the Company can agree with the member and compensate for the damage of the member in ways such as paying the encoded money or in won currency using the electronic purse of the member.

1. ① The Company is not entitled to take over the right of the member who wishes to sell or purchase the encoded money and any act of the company is not regarded as an agency act of the seller or the purchaser.
2. ②The Company does not take responsibility for any fact of the selling or purchasing intentions or the legality of such intention in relation to the selling or purchase among the members made through the service provided by the Company.
3. ③ The Company only provides the connection(link) to the linked site(Gift voucher mall, paid content provision corporation etc) with the affiliated company to the company which has affiliated with the Company through an agreement and does not get involved in any acts of them and all the responsibility about the operation and management of the service, selling of the product, delivery or refund etc goes to the affiliated company which did such act and the Company does not take any responsibility for it.

1. ① This service use agreement is interpreted and ruled by the law of Republic of Korea and in relation with the tariff system of the Company, if any conflict occurs between the Company and the members, and any lawsuit occurs, the law of the Republic of Korea shall apply.
2. ②In case of the lawsuit occurred between the Company and the members regarding the use of the service, the jurisdictional court selected according to the procedure set by the law.

① This agreement shall go in effect on 1st, April in 2021.