iOlliN Rules and Regulations
Effective Date: June 2024
iOlliN Rules and Regulations
iOlliN is a platform dedicated to empowering entrepreneurs and fostering innovation through crowdfunding and community engagement. To ensure a positive and productive environment, all projects on iOlliN must adhere to the following rules:
Project Creation
- Creation Requirement: Projects must aim to create something that brings positive value to others, whether a product, service, idea, event, experience, or innovation. Each project should have a clear plan and a definitive end goal.
Honesty and Transparency
- Honest Representation: Entrepreneurs, Supporters, and the community of users and projects must present accurate and clear information. Entrepreneurs must also be transparent about their objectives and progress.
- Products: Demonstrations must reflect the product’s current state without misleading imagery, CGI, or special effects.
- AI: Projects using AI must disclose how they will be used and ensure creative contribution.
- Services: It must be clear how the funds will be used and what service will be offered or generated by the project.
- Community: Projects that focus on a community element must clearly state how they will use the funds and how their project will benefit others.
Fundraising Limitations
- Charity Fundraising: Projects cannot raise funds for charity. Nonprofits can launch projects, but funds must support the project itself.
- Equity and Investment: Projects cannot offer equity, revenue sharing, or investment opportunities.
Prohibited Items
- Prohibited Projects: Projects must not include illegal, heavily regulated, or potentially dangerous items, nor Giving Backs not created by the Project Entrepreneur. This includes:
- Health and medical claims
- Contests, coupons, gambling, and raffles
- Energy food and drinks
- Offensive material
- Genetically modified organisms
- Live animals
- Alcohol
- Financial and credit services
- Political fundraising
- Pornography
- Discriminatory content
- Unoriginal products
- Resale items
- Substances like drugs, nicotine, and tobacco
- Weapons and replicas
General Guidelines
- Project Approval: iOlliN reserves the right to make final decisions on project appropriateness based on these rules.
By adhering to these guidelines, iOlliN aims to create a supportive and innovative community for all its members.
Regulations
In addition to our core rules, the following regulations ensure a safe, fair, and productive environment on iOlliN:
- User Conduct: All users must engage respectfully and professionally. Harassment, discrimination, and abusive behavior are strictly prohibited.
- Intellectual Property: Projects must respect intellectual property rights. Unauthorized use of copyrighted material, trademarks, or other proprietary information is prohibited.
- Compliance with Laws: All projects and activities on iOlliN must comply with local, national, and international laws and regulations.
- Financial Transparency: Creators must provide transparent and accurate financial information regarding the use of funds and project expenses.
- Environmental Responsibility: Projects should consider their environmental impact. iOlliN encourages sustainable practices and includes a Carbon Offset Program to mitigate the environmental footprint of cryptocurrency transactions.
- Accountability: Project creators are accountable for delivering on their promises. Failure to fulfill project commitments can result in penalties, including suspension or termination of accounts.
- Data Privacy: iOlliN values user privacy. Personal data must be handled responsibly and in accordance with privacy laws and regulations.
- Feedback and Support: Entrepreneurs must remain open to feedback and provide regular updates to their supporters. Engaging with the community is essential for building trust and transparency.
By following these regulations, iOlliN aims to foster an innovative, respectful, and sustainable community for entrepreneurs and supporters alike.