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iOlliN Terms of Use

1: Introduction

Welcome to iOlliN, Inc., a pioneering platform that merges the worlds of crowdfunding, Semi-Fungible Tokens (SFTs), and e-commerce to bring your innovative ideas, social causes, and entrepreneurial dreams to life. By accessing or using iOlliN, online, on tablet, mobile or any other device, you agree to abide by these Terms of Use, along with any amendments made over time. This agreement is binding upon registration, use, or access of our services.

2: Account Registration and Use

To join iOlliN’s community, users must register an account, providing accurate and current information. You are responsible for maintaining the confidentiality of your account and password and for all activities that occur under your account. iOlliN reserves the right to suspend or terminate accounts that violate our Terms of Use, engage in fraudulent activities, or otherwise disrupt the community environment.

  1. Projects and SFT Marketplace

Project Launch and SFT Sales: iOlliN offers a unique platform where entrepreneurs can tokenize their innovative ideas, social causes, or business ventures into Semi-Fungible Tokens (SFTs) for crowdfunding purposes. To launch a project, entrepreneurs must provide a clear, honest, and comprehensive description of their initiative, including objectives, benefits for supporters, and the purpose of the funds. Projects can encompass a wide range of categories including social causes, business ideas, products, or services intended for market entry.

Supporting Projects: Supporters play a crucial role in bringing these visions to life by purchasing SFTs. This act of support is not just a transaction but a vote of confidence in the entrepreneur’s vision. The purchase of SFTs is governed by transparent terms, ensuring supporters are fully informed of the project’s scope and their role within it.

  1. User Roles and Interactions

Entrepreneurs: Defined as individuals or entities launching projects to sell SFTs, entrepreneurs are responsible for the authenticity and legality of their projects. They are required to fulfill any promises made in their project descriptions and to engage with their supporters transparently and respectfully.

Supporters: Individuals who purchase SFTs to fund a project are termed supporters. They are encouraged to engage with projects that align with their interests and values. Supporters must adhere to the platform’s guidelines, respecting the community and the projects they choose to back.

Both entrepreneurs and supporters are bound by iOlliN’s terms to ensure a positive, productive, and safe environment for all users. Engagements on the platform should foster a spirit of innovation, support, and community building.

  1. Funding Mechanics

Funding Goals and SFT Sales: Projects on iOlliN are funded through the sale of Semi-Fungible Tokens (SFTs), each representing support for the project’s goals. Entrepreneurs set a static funding goal by determining the number of SFTs available for sale. Once all SFTs for a project are sold, entrepreneurs must launch a new project for additional funding. This model ensures clarity and commitment to project milestones.

Overfunding, Refunds, and Rewards: In the event a project attracts more interest than anticipated, entrepreneurs are encouraged to communicate clearly with supporters about the use of additional funds. While iOlliN facilitates the initial sale of SFTs, the platform encourages direct resolution of refund requests between entrepreneurs and supporters. Entrepreneurs are also responsible for defining and fulfilling rewards, detailed in the project’s “Giving Back” section, as a token of appreciation to supporters.

  1. Intellectual Property Management

User-Generated Content and IP Rights: iOlliN respects the intellectual property rights of all creators and users. Entrepreneurs retain ownership of the content they upload, but must ensure they have the necessary rights to use and tokenize this content. Supporters acknowledge that purchasing SFTs does not grant them ownership of the project’s underlying intellectual property, unless explicitly stated by the entrepreneur.

Compliance and Quality Assurance: To maintain the integrity of the platform, iOlliN employs a community-driven rating system for projects. While iOlliN facilitates the tokenization process, it does not actively monitor for IP compliance post-listing. Users are encouraged to report any suspected infringement, and iOlliN reserves the right to take appropriate action, including removal of content and suspension of accounts in violation of IP laws.

  1. Regulatory Compliance

iOlliN is committed to adhering to all applicable laws and regulations governing digital assets, e-commerce, intellectual property, data protection, international trade, and crowdfunding. Our platform continuously monitors changes in legal frameworks to ensure full compliance and to safeguard our users and their activities.

  • Digital Asset Regulation: We follow strict guidelines to ensure that the sale and purchase of SFTs comply with securities laws and financial regulations.
  • E-Commerce Laws: Transactions on iOlliN adhere to consumer protection standards, ensuring transparency and fairness in the buying and selling process.
  • Intellectual Property Rights: Our platform respects the intellectual property of all users and provides mechanisms for the protection and proper use of such property.
  • Data Protection and Privacy: iOlliN is dedicated to protecting user data in accordance with GDPR, CCPA, and other privacy laws, implementing robust security measures.
  • International Trade and Crowdfunding Regulations: We comply with regulations affecting cross-border sales and crowdfunding activities, ensuring that our platform remains a trusted space for global innovation and support.
  1. Data Use and Privacy

The privacy and security of our users’ data are of utmost importance to iOlliN. We collect personal identification information, financial data, user-generated content, and interaction data solely for the purpose of facilitating platform operations, personalizing user experience, and improving our services.

  • Data Collection and Use: Information collected is used to support and enhance user interactions and to comply with legal obligations.
  • Data Protection: We employ advanced security measures, including encryption and access controls, to protect user data against unauthorized access and breaches.
  • User Rights: Users have rights over their data, including the right to access, correct, and delete their information, in line with applicable data protection laws.
  • Sharing and Protection: Any sharing of data with third-party services adheres to strict privacy standards, ensuring that these services comply with our security requirements and privacy laws.
  1. Third-Party Integrations and Services

iOlliN integrates with select third-party services to enhance the platform’s functionality and user experience. These integrations are carefully chosen to align with our operational standards and user needs.

  • Data Sharing with Third Parties: When sharing user data with third-party services, iOlliN ensures the sharing is necessary, minimal, and in accordance with our privacy policy. Users will be informed of such integrations and will have control over their data sharing preferences.
  • Protection and Compliance: All third-party services integrated with iOlliN are required to comply with our security standards and privacy laws, protecting user data against unauthorized access and breaches. Regular audits and reviews are conducted to ensure ongoing compliance.
  1. Changes to Terms and Platform Evolution

iOlliN is committed to continuous improvement and adaptation to meet the evolving needs of our users and to comply with regulatory changes.

  • Updates to Terms of Service: Our Terms of Use and Privacy Policy may be updated periodically to reflect changes in our practices or legal requirements. Users will be notified of any significant changes through email and platform notifications, ensuring transparency and user awareness.
  • Platform Changes: As iOlliN evolves, we may introduce new features, retire existing ones, or modify our services. These changes will be communicated to our users in a timely manner, with clear information on how the changes might affect their use of the platform.
  1. Termination and Account Cancellation

iOlliN reserves the right to terminate accounts or suspend access to the platform for users who violate our Terms of Use or engage in prohibited activities. Users may also choose to cancel their accounts at any time.

  • Termination by iOlliN: Accounts may be terminated for violations including, but not limited to, intellectual property infringement, fraud, or harassment. iOlliN will provide notice to the affected user unless immediate action is required.
  • User-Initiated Cancellation: Users wishing to cancel their accounts can do so by contacting customer support. Information on the process and implications of account cancellation, including data retention and deletion, will be provided.
  1. Contact Information and Support

iOlliN, Inc. is dedicated to providing a supportive and responsive environment for all users. Should you have any questions, concerns, or need assistance, our customer support team is available to help.

  • Contacting Support: Users can contact iOlliN’s support team through [email protected] and, if available, phone support.
  • Feedback and Suggestions: iOlliN welcomes feedback and suggestions from our users to improve our platform and services. You can submit your questions and feedback to [email protected].

Mailing Address:

iOlliN, Inc.

9436 W. Lake Mead Blvd, Suite 5 PMB 1146

Las Vegas NV 89134

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