Terms of Use

Effective Date: December 2024

1. Introduction

Welcome to IOLLIN, Inc. (“IOLLIN,” “OLLiN”, “we,” “us,” or “our”), a platform dedicated to empowering communities to support, create, and collaborate on innovative projects. By accessing or using the OLLIN platforms (“Platform”), you agree to comply with these Terms of Use (“Terms”), which govern your relationship with IOLLIN, Inc. and the OLLiN platforms.

These Terms apply to all users, including Project Owners, Supporters, Collaborators, and Fans. By registering, creating content, or engaging with the Platform, you confirm your acceptance of these Terms and any future amendments. If you do not agree, you must discontinue use of the Platform immediately.

2. Account Registration and Verification

To access Platform features, users must create an account and provide accurate, up-to-date information. All users intending to collect funds must pass a mandatory Know Your Customer (KYC) verification process managed by our third-party compliance partners, such as Stripe or Persona.

User Roles:

Project Owners: Users who create and launch projects to collect funds.
Collaborators: Designated by Project Owners to assist in managing projects.
Supporters: Users who contribute funds or engage with projects.
Fans: Users who interact with the Platform but do not own or fund projects.

KYC Requirement for Fund Collection:

Users must successfully complete KYC before initiating fund collection.
Accounts failing KYC verification will be suspended from fund collection or permanently deactivated.

Stripe Verification for Fund Collection:
Users intending to collect funds must successfully verify their accounts through Stripe Connect. This verification includes identity checks, such as government-issued ID, proof of address, and bank account validation. Without this verification, fund collection will be prohibited.

Prohibited Access:
Individuals or entities from prohibited jurisdictions (e.g., Cuba, Iran, North Korea, Syria, and sanctioned regions of Ukraine) are barred from using the platform. Verification through Stripe Connect automatically enforces this restriction.

Users are responsible for securing their account credentials. Unauthorized account access resulting from user negligence may result in loss of Platform privileges or funds, for which IOLLIN bears no responsibility.

3. Platform Features and Functionality

IOLLIN provides the following tools and features to support project success and ensure compliance:

Project Creation and Management: Tools for setting up campaigns, tracking performance, and engaging with contributors.
Analytics Dashboard: Real-time insights into project activity, supporter contributions, and live-stream engagement.
Compliance Monitoring: Automated compliance checks (via Stripe/Persona) and manual oversight by IOLLIN’s Trust & Safety Team to ensure projects adhere to Platform policies and applicable laws.
Compliance Tools: IOLLIN uses a combination of Stripe Connect, Persona, and internal tools to ensure compliance with global sanctions, Know Your Customer (KYC), and Anti-Money Laundering (AML) standards.
Campaign Screening: Campaigns flagged for high-risk activity, connection to prohibited jurisdictions, or policy violations are subject to immediate suspension and further manual review by the Trust & Safety Team.

4. Community Guidelines and Conduct

IOLLIN is committed to fostering a respectful, collaborative environment for all users.

Expected Behavior:

Treat all users with respect and engage constructively.
Comply with Platform policies, community guidelines, and applicable laws.

Prohibited Conduct:

Uploading illegal, harmful, or fraudulent content.
Engaging in bullying, harassment, or discriminatory behavior.
Violating family-friendly standards (e.g., hate speech, graphic violence, or explicit material).
Participating in activities flagged as high-risk by our compliance systems.

Reporting Mechanism:
Users and supporters may report campaigns they suspect of fraud, misrepresentation, or misuse of funds. Reports are reviewed promptly by the Trust & Safety Team.

Transparency and Accountability:
Campaign organizers must agree that:

The funds collected will be used solely for the described purpose.
They will comply with all applicable KYC and sanctions screening requirements.
Violations of these terms will result in immediate suspension and potential legal action.

Violations of these guidelines may result in warnings, suspension, or termination of accounts. Serious breaches, such as fraudulent activity or sanctions violations, will be escalated to the appropriate regulatory authorities.

5. Content Ownership and Restrictions

Ownership of Content:

Project Owners retain ownership of content uploaded to the Platform.
By uploading content, users grant IOLLIN a non-exclusive, royalty-free, perpetual license to use, reproduce, and distribute the content for promotional purposes.

Content Compliance:

Users must ensure uploaded content complies with intellectual property laws and community guidelines.
IOLLIN reserves the right to remove content violating these standards.

6. Termination, Appeals, and Enforcement

Account Termination: IOLLIN reserves the right to suspend or terminate accounts for violations of these Terms, including:

Fraudulent activity,
Inappropriate or harmful content,
Breaches of KYC or AML requirements.

Appeals Process:

Users may submit appeals via Legal@iollin.com.
Appeals are reviewed by the Trust & Safety Team and responded to within 15 business days.

Sanctions Screening:
Users who fail sanctions screening conducted during onboarding or fund disbursement will have their accounts suspended or terminated immediately.

Reversion of Funds:
In the event of fraud or sanctions non-compliance, IOLLIN reserves the right to freeze funds and refund contributors, subject to regulatory guidelines.

Compliance Action: IOLLIN enforces a zero-tolerance policy for serious violations, including reporting breaches to regulatory authorities when required.

7. Compliance with Laws

IOLLIN adheres to all applicable laws governing intellectual property, data protection, and financial transactions. Users are expected to comply with AML, KYC, and sanctions regulations enforced by our compliance partners, including Stripe and Persona.

IOLLIN is committed to full compliance with:
- Global sanctions enforced by OFAC, the EU, and the UN Security Council.
- KYC and AML standards required under U.S. law and facilitated by Stripe Connect and Persona.
- Periodic re-screening of accounts and campaigns to ensure ongoing compliance.
Verification Process:
- Campaign organizers must pass KYC verification during onboarding and prior to fund disbursement.
- Sanctions screening occurs at multiple stages, including account creation, campaign approval, and payment processing.
Prohibited Use:
The platform may not be used to fund activities or entities in sanctioned regions. IP geoblocking and payment restrictions are enforced to prevent such access.

8. Liability and Force Majeure

Limitation of Liability:
IOLLIN is not liable for losses resulting from user error, unauthorized account access, or third-party actions.

Force Majeure:
Delays or interruptions caused by factors beyond IOLLIN’s control (e.g., natural disasters, technical failures) are not the responsibility of IOLLIN.

9. Reporting Violations

Users may report suspicious activity or policy violations through the Platform’s reporting tools or by contacting the Trust & Safety Team at Compliance@iollin.com.

Reporting Compliance Breaches:

Users may report breaches of compliance policies, including campaigns violating sanctions or AML/KYC standards, through Compliance@iollin.com or the in-platform reporting tool.

10. Changes to Terms

IOLLIN may update these Terms to reflect new features, legal requirements, or evolving business practices. Users will be notified via email or Platform alerts of any changes. Continued use of the Platform constitutes acceptance of updated Terms.

11. Campaign Transparency and Usage of Funds

Purpose Verification:
Campaigns undergo a manual review for high-value fundraising or brand-affiliated campaigns. Organizers are required to certify the legitimate use of funds and provide supporting evidence if requested.
Restricted Fund Usage:
Funds collected through the platform must be used solely for the purposes stated in the campaign description. Misuse of funds is grounds for suspension and legal action.
Automated Monitoring:
IOLLIN monitors campaigns using automated systems that flag suspicious or non-compliant activities for manual review.
Sanctions Screening: Funds are held pending sanctions screening during the onboarding process and before disbursement.

12. Contact Information

If you have questions about these Terms or need assistance, please contact:
Email: support@iollin.com
Compliance: compliance@iollin.com
Mailing Address:
IOLLIN, Inc.
9436 W. Lake Mead Blvd, Suite 5 #1146, Las Vegas, NV 89134