The following terms and conditions (these "Terms of Service"), govern your access to and use of the Crowdholding website, including any content, functionality and services offered on or through crowdholding.com (the "site", “app”, or “platform”), by Crowdholding Ltd. as applicable.
This Site is offered and available to users who are 13 years of age or older. If you are under 13 you may not use this Site or the Crowdholding services. By using this Site, you represent and warrant that you are of legal age to form a binding contract with the Company and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Site.
'Crowdholders' are users on crowdholding.com.
'Entrepreneurs' / 'businesses' / 'project owners' / 'Crowdfounders' (from here on - "Crowdfounders") are users on crowdholding.com that launch a project.
'YUP' are tokens used to reward the community.
Activity may be removed by Crowdholding for violations to these Terms of Service, which may include (but are not limited to) the following violations and/or materials:
Illegal or Fraudulent services, Copyright Infringement, Trademark Infringement
Copyright Infringement, Trademark Infringement. Report violations to us via email@example.com
We aim to share 5% of our revenue with our Crowdholders. Payouts will be determined once crowdholding.com begins generating revenue from sales.
Crowdholding ltd. reserves the right to set the initial payout date.
Extra terms to be added later in beta
Don't do anything nefarious
Crowdholders must understand the inherent risk of investing either time or money in projects or businesses. If a business fails and no revenue is generated, Crowdholders will not receive any payment or reward, other than the satisfaction of helping an awesome community.
The exact nature of YUP is being refined over the course of the beta. Please see our FAQ
Crowdholding reserves the right to put any account on hold or permanently disable accounts due to breach of these terms of service or due to any illegal or inappropriate use of the Site or services.
Violation of Crowdholding’s Terms of Service may get your account disabled permanently.
Users with disabled accounts will not be able to sell or buy on Crowdholding.
Users who have violated our Terms of Service and had their account disabled may contact our Customer Support team for more information surrounding the violation and status of the account.
Users have the option to enable account Security features to protect their account from any unauthorized usage.
Users must be able to verify their account ownership through Customer Support by providing materials that prove ownership of that account.
Disputes should be handled initially between users, but otherwise by contacting the Crowdholding team via firstname.lastname@example.org
Crowdholding may make changes to its Terms of Service from time to time. When these changes are made, Crowdholding will make a new copy of the terms of service available on this page.
You understand and agree that if you use Crowdholding after the date on which the Terms of Service have changed, Crowdholding will treat your use as acceptance of the updated Terms of Service.
Fraud / Unlawful Use
You may not use Crowdholding for any unlawful purposes or to conduct illegal activities.
To prevent fraud and abuse, users are limited to one active account. Any additional account determined to be created to circumvent guidelines, promote competitive advantages, or mislead the Crowdholding community will be disabled. Mass account creation may result in disabling of all related accounts. Note: any violations to Crowdholding’s Terms of Service is cause for permanent suspension of all accounts.
We do not tolerate users who engage in targeted abuse or harassment towards other users on Crowdholding. This includes creating new multiple accounts to harass members through our message or ordering system.
You may not buy, sell, or trade Crowdholding accounts.
User Generated Content
User Generated Content ("UGC") refers to the content added by users as opposed to content created by the Site. All content uploaded to Crowdholding by our users is User Generated Content. Crowdholding does not check user uploaded/created content for appropriateness, violations of copyright, trademarks, other rights or violations. We invite everyone to report violations together with proof of ownership as appropriate via email@example.com. Reported violating content may be removed or disabled.
Crowdholding is not responsible for the quality of content provided by Crowdholders. We provide no warranty with respect to the content, or any communications between users. We encourage users to take advantage of our rating system, our community and common sense in choosing appropriate activities.
By using the platform, users undertake that they have sufficient permissions, rights and/or licenses to provide, the content offered on Crowdholding.
Note that it is our policy in appropriate circumstances to disable and/or terminate the accounts of users who are repeat infringers.
Unless clearly stated otherwise, content is submitted, the Crowdfounder is granted all intellectual property rights, including but not limited to, copyrights for the work delivered from the content, and the Crowdholder waives any and all moral rights therein. If a Crowdfounder intends to use the content for anything outside the scope of the specified project, additional permission must be obtained from the content originator.
Commercial Use License: By contributing content to Crowdholding, you provide the Crowdfounder with a “Commercial Use License”: a perpetual, exclusive, non-transferable, worldwide license to use the content for Permitted Commercial Purposes. All intellectual property rights of the content are hereby assigned to the Crowdfounder. “Permitted Commercial Purposes” means any business related use, such as (by way of example) advertising, promotion, creating web pages, integration into product, software or other business related tools etc., and strictly excludes any illegal, immoral or defamatory purpose. This License is subject to Crowdholding’s Terms of Service. There is no warranty, express or implied, with the content, including with respect to fitness for a particular purpose. Crowdholding will not be liable for any claims, or incidental, consequential or other damages arising out of this license, or the content.
Crowdholding has not reviewed all of the sites linked to its website and is not responsible for the contents of any such linked site. The inclusion of any link does not imply endorsement by Crowdholding of the site. Use of any such linked website is at the user's own risk.
Disclaimer of Warranties
YOUR USE OF THE SITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE IS AT YOUR OWN RISK. THE SITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER CROWDHOLDING NOR ANY PERSON ASSOCIATED WITH CROWDHOLDING MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY OR AVAILABILITY OF THE WEBSITE. THE FOREGOING DOES NOT AFFECT ANY WARRANTIES WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
Limitation on Liability
IN NO EVENT WILL CROWDHOLDING, ITS AFFILIATES OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE WEBSITE, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE WEBSITE OR SUCH OTHER WEBSITES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT OR OTHERWISE, EVEN IF FORESEEABLE. THE FOREGOING DOES NOT AFFECT ANY LIABILITY WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.
These terms and conditions are governed by and construed in accordance with the laws of United Kingdom and you irrevocably submit to the exclusive jurisdiction of the courts of the United Kingdom.
We reserve the right to modify these terms and conditions. Crowdholding is in beta as of March 2017, and as such, many changes to these terms can be expected in the near future. We will endeavour to notify users of any significant changes, but please check back to our policies page to monitor updates.
Customers will be provided with a referral code link that can be utilized for endorsing our services while tracking referrals and commissions. The referral code link can be accessed from the Account Page within the Crowdholding platform.
How will referrals be awarded?
Referrals will be awarded via direct transfer to your ETH wallet.
How do I earn the account Reward?
It's simple! Anyone you refer to Crowdholding that signs up using your unique referral link will receive 160 YUP tokens in Reward immediately after unlocking their account by adding a valid payment method. In return for helping us spread the word,
we'll give you 160 YUP tokens for each friend that signs up. There is no limit to how many friends you can refer, but there is a limit to the amount of Rewards you can earn per week :)
When do I receive my account Reward?
You will receive your account Rewards after the Referred User completes the sign-up process and the Referred Business passes the Reward Criteria.
You are eligible to earn a referral incentive (“Referral Reward”) for each Referred User that you refer to the Crowdholding Platform (subject to certain maximum limits and the other terms in these Referral Program Rules).
You may invite your family and friends to become new Users directly through the Crowdholding Platform. For each “Referred User” you will receive 160 YUP tokens and your referral receives 160 YUP tokens. For each “Referred Business” you will get
4,000 YUP tokens and the business receives 4,000 YUP tokens. To receive your unique referral link, sign-up on www.crowdholding.com and navigate to your Account where you will find “User Referral” link. If you wish not to sign-up on Crowdholding,
but still want to invite users to join the platform, you can email firstname.lastname@example.org
a. General. You are eligible to earn a referral incentive (“Referral Reward”) for each Referred User and Referred Business that you bring to the Crowdholding Platform (subject to certain maximum limits and the other terms in these Referral Program
Rules). The Reward Criteria are set by Crowdholding in its sole discretion and are subject to change at any time. The Reward Criteria may vary by market or within a particular market. Crowdholding, at its sole discretion, may make available certain
promotions with different Reward Criteria or Referral Rewards to other Users or prospective Users. These promotions, unless offered to you, shall have no bearing whatsoever on your Agreement or relationship with Crowdholding.
b. Earning Rewards for Referred Users. As discussed above, in order to be eligible for a Referral Reward for a new User, the person must have never previously created an account on www.crowdholding.com. If these conditions are met, the person shall
be considered your “Referred User”. New Users you refer will receive 160 YUP tokens (“Referral Reward”) upon creating their new Crowdholding account. All terms and conditions for the distribution and use of Referral Reward are determined by Crowdholding
in its sole discretion.
c. Maximum Rewards for Referred Users. The maximum amount of Referral Rewards that Crowdholding will pay for Referred Users is 16,000 YUP tokens per week. For example, if the Referral Reward is 160 YUP tokens per Referred User and you generate
230 Referred Users in a single week, the maximum you can earn is 16,000 in YUP tokens for such week. You may not create multiple Crowdholding accounts to circumvent the Referral Reward maximum, and Crowdholding may withhold or deny any amounts
above the maximum Referral Reward. Crowdholding reserves the right to change this maximum amount, and it is your responsibility to review the Referral Program Rules for the current maximum limits.
d. Earning Rewards for Referred Businesses. When you refer a new Business to the Crowdholding Platform you may be eligible for a Referral Reward if the Business is approved and satisfies the Reward Criteria. In order to meet the Reward Criteria,
the referred user must have never previously created an account on www.crowdholding.com. As a standing rule, the new Business applicant must complete their Business application and become approved to launch a project on the Crowdholding Platform
within 30 days of starting the application in order to be eligible to complete the Reward Criteria. In addition, the Reward Criteria for new Business always includes launching 1 task on the Crowdholding Platform within 10 days of becoming approved
to launch. The applicable Reward Criteria may vary by time, market, and promotion. Crowdholding will confirm the applicable Reward Criteria for the Referred Business (if any) upon submission of their Business application.
e. Maximum Rewards for Referred Businesses. Crowdholding reserves the right to set a maximum amount of Referral Rewards you can earn per week (or any other time increment) for referring new Business to the Crowdholding Platform. It is your responsibility
to review the Referral Program Rules for the current maximum limits.
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