Tradeverse Terms Of Service

Chapter 1. General Terms

Article 1. Purpose

These Terms of Service (these “ToS”) are intended to set forth the conditions, procedures, rights, obligations, and other necessary matters concerning Tradeverse (the “Company”, “we”, or other pronoun cases of “we”) and the user(s) (the “User(s)”, “you”, or other pronoun cases of “you”) of the services operated by the Company (collectively, the “Services”). These ToS shall apply to any and all Services provided by the Company, and you may use any and all Services upon your consent to these ToS.

Article 2. Definitions

The capitalized terms as used in these ToS shall have the respective meanings ascribed to them below:

  1. Website” shall mean http://www.Tradeverse.one which is the corporate website owned and hosted by the Company.

  2. Member” shall mean a User who has entered into a Usage Agreement in accordance with these ToS.

  3. ID” shall mean the combination of numbers, letters, or symbols selected by a Member and approved by the Company for the identification of the Member and the Member’s use of Services.

  4. PASSWORD” shall mean the combination of numbers, letters, or symbols selected by a Member to protect its privacy in communication.

  5. Contents” shall mean data or information expressed in symbols, characters, voice, sound, picture, video, shape, color, image, etc. (or any combination thereof), provided by the Company to the Members. Contents shall include any results created by the Members using features available within the Services.

  6. Paid Services” shall mean any services or features within the Services that require payment for access or use.

  7. Discord 0Auth2 Data” shall mean personal data provided by a Member via Discord 0Auth2 such as email address and ID.

  8. Illegal Copy” shall mean the copying, selling, sharing, or distributing of the Software without acquiring explicit consent of its copyright holder.

  9. Reverse Engineering” shall mean the process of discovering the technical principles of a device or system through structural analysis. This includes, without limitation, disassembling and analyzing software programs or creating a new device with the same functionality without using parts of the original.

  10. A.I. Result Value” shall mean the resulting value generated by artificial intelligence based on the information entered by a User.

Article3. Publication, Effectiveness, and Revision of ToS
  1. These ToS will be posted on the initial service page (front page) of the Services so that Members can easily take note of the contents thereof, which may be made available for review through a linked page.

  2. We may revise these ToS to the extent that it does not violate any relevant laws such as the Act on the Consumer Protection in Electronic Commerce, the Act on the Regulation of Terms and Conditions, the Framework Act On Electronic Documents and Transactions Act, the Electronic Financial Transactions Act, the Digital Signature Act, the Personal Information Protection Act, the Act on Promotion of Information and Communications Network Utilization, the Act on Door-to-Door Sales, and the Framework Act on Consumers of the Republic of Korea.

  3. For any revision of these ToS, we will publicly announce the effective date and reasons for the revision, together with the existing ToS, from at least 7 days prior to the effective date announced until the day just before ("Notice Period”); provided, however, that in the event of a revision unfavorable to the Members, an extended Notice Period of at least 30 days will be applied.

  4. Members will be deemed to have consented to a revision of these ToS if they do not express their rejection within the applicable Notice Period, following our clear announcement that their consent will be presumed in the absence of an express rejection.

  5. Any matters not addressed herein, or the interpretation of the terms hereunder, shall conform to the relevant laws or generally accepted practices.

  6. We may post an ethics guide within the Services which will focus on the prevention of crime and upholding of social ethics (the “Ethics Guide”). Both the Company and Members must adhere to the Ethics Guide, which shall constitute an integral part of these ToS. By giving consent to these ToS, Members shall be deemed to have agreed to the Ethics Guide.

Chapter 2. Usage Agreement

Article 4. Membership Registration and Management
  1. To use the Services, one (the “Applicant”) must first agree to these ToS and apply for membership registration by filling out and submitting our application form (the “Application”). Upon our approval of the Application, a contractual relationship between the Applicant and the Company that governs the Applicant’s use of the Services shall be formed (the “Usage Agreement”).

  2. The Usage Agreement may also be established when the Applicant applies for membership registration through Discord 0Auth2 and we approve it.

  3. Our Services will be provided based on the Discord 0Auth2 information provided by Members during the Application process.

  4. Member are obligated to promptly update their information provided during the Application process in case of any changes.

Article 5. Approval of Application
  1. The Company may refuse approval of an Application in the following cases:

    • if it would cause harm to other Users;

    • if the Application is made with the intent to disrupt public order or decency;

    • if the Application involves transferring or reselling the right to use the Services;

    • if the Applicant’s membership was revoked due to a violation of these ToS within the past one-year period; and

    • if the accuracy and integrity of Discord 0Auth2 information provided cannot be verified.

Chapter 3. Obligation of the Parties

Article 6. Company’s Obligations
  1. The Company shall not engage in any acts prohibited by law or these ToS, or acts contrary to public order and morals, and shall do its utmost to provide goods or services continuously and stably as stipulated in these ToS.

  2. The Company shall implement a security system to protect personal information so that Members can use the Services safely, and shall disclose and comply with its privacy policy (the “Privacy Policy”).

  3. If the Company deems the opinions or complaints raised by Members to be legitimate, it shall address them immediately. However, if immediate resolution is difficult, the Company shall inform the Members of the reason thereof and the schedule for handling the issue.

Article 7. Member’s Obligations
  1. Members must familiarize themselves with and adhere to these ToS, the Company’s notifications, and the Website usage guidelines, and must not engage in the following actions:

    • providing false information when applying for or changing Services;

    • misusing another person’s information or payment methods;

    • altering information posted by the Company to disrupt the Services;

    • collecting, storing, posting, or distributing other Members’ personal and account information without permission;

    • copying, disassembling, imitating, or modifying the Services through reverse engineering, decompiling, disassembling, or any other processing activities;

    • using hacking, automatic connection programs, or other abnormal methods to use the Services, causing server overload and disrupting the Company’s ordinary provision of Services;

    • lending or transferring accounts to third parties or granting access rights to third parties;

    • transmitting or posting information (such as computer programs or bugs) that the Company prohibits;

    • inappropriate use of the Services such as engaging in gambling or inducing gambling, inputting, exchanging, posting obscene or vulgar information, linking to obscene sites, or transmitting or distributing words, sounds, writings, pictures, or videos that cause shame, disgust, or fear to others;

    • posting identical or similar content repeatedly on the bulletin board with the intent to spam;

    • using Services outside the original intended purpose such as copying or distributing information obtained through the Company’s Services without the Company’s consent for commercial purposes, advertisements, promotions, political activities, election campaigns, or other purposes;

    • infringing on the Company’s or third parties’ intellectual property rights such as copyrights;

    • damaging the reputation of the Company or third parties or interfering with their business; or

    • engaging in other illegal or improper activities.

  2. Members must comply with relevant laws, these ToS, the usage guidelines, the precautions related to the service announced by the Company, and any notifications from the Company, and must not interfere with the Company’s business operations.

  3. Members are responsible for managing their own ID, password, payment information, etc. and the Company is not liable for any issues arising from the Member’s negligence in managing such information.

Chapter 4. Provision and Use of Services

Article 8. Use of Services
  1. Members must use the Services in compliance with the provisions of these ToS.

  2. Members can use the Services from the time the Company accepts their Application for use. However, some Services may only be available upon meeting specified conditions or on designated dates.

  3. The Services are available 24 hours a day, 365 days a year, in principle. However, the Services may be temporarily suspended for business or technical reasons. In such cases, the Company will provide prior notice. If prior notice is not possible due to unavoidable circumstances, the Company will notify Members without delay afterward.

  4. The Company may set or change the types and number of devices through which each Member can access the Services.

  5. Members must adhere to the following Fair Use Policy (“FUP”) regarding the Company’s Services:

    • the FUP is a policy that ensures Members use Services that permit unlimited use in a reasonable and responsible manner;

    • Members must choose the appropriate plan according to their profession and business size. The Company prohibits malicious usage such as abnormal API expansion, bot creation, and account sharing;

    • if activities that reasonably suggest abnormal usage, such as excessive usage and sharing account login details with others, are detected, the account may be blocked or permanently deleted without prior notice. No refunds will be issued in such cases.

  6. Matters regarding the use of Services not specified in these ToS will be governed by the Company’s policies posted on the Website or otherwise notified separately.

  7. The Company does not provide Services to users under the age of 14 and does not collect personal information from them.

Article 9. Paid Services
  1. The Company may provide all or part of its Services to Members for a fee (each a “Paid Service”). Specific details regarding Paid Services will be determined by the Paid Service notices or separate Paid Service operation policies.

  2. The Company will clearly indicate the following items through the relevant Paid Service notices or separate Paid Service operation policies:

    • the name or title of the Paid Service;

    • the content of the Paid Service, usage methods, fees, payment methods, and other usage conditions;

    • conditions and procedures for refunding Paid Service fees; and

    • matters concerning the suspension and modification of paid services.

  3. Members who wish to use Paid Services must comply with the Paid Service notices or Paid Service operation policies. In the event of a conflict between the terms of these ToS and the Paid Service notices or Paid Service operation policies, the terms of the Paid Service notices or Paid Service operation policies will take precedence.

Article 10. Suspension of Service Provision
  1. The Company may suspend the provision of all or part of the Services in the following cases:

    • suspensions of services by facilities-based telecommunication businesses under the Telecommunications Business Act;

    • when it is impossible to provide Services due to a power outage;

    • when the suspension is unavoidable due to relocation, maintenance, or construction of facilities;

    • when normal Service provision is difficult due to a failure of Service facilities or a surge in Service usage;

    • when a national emergency equivalent to war, incidents, natural disasters, or similar events occurs or is likely to occur; or

    • when normal Service provision is difficult due to issues with external partners, including problems with ‘Discord’, iwinv (cloud), servers, or other service providers used by the Company.

  2. The Company may conduct regular inspections necessary for Service provision, and the regular inspection times will be announced in advance on the Service provision screen.

  3. The Company may conduct emergency inspections if the Services are unstable or urgent improvements are needed, and in such cases, the inspection times will be announced in advance within respective Services.

  4. The Company will compensate Members for damages incurred due to temporary Service interruptions caused by the Company’s intentional or negligent acts, in proportion to the degree of the Company’s fault. However, this does not apply if the Service interruption is due to reasons listed in Paragraph 1 of this Article or if the Company proves that there was no intentional or negligent act on its part regarding the Service interruption.

  5. The Company may discontinue Services due to significant business reasons such as business transfer, division, merger, termination of content provision contracts, or a substantial deterioration in Service profitability. In such cases, the Company will notify Members of the discontinuation date and reasons at least 30 days prior to the discontinuation date via the initial screen of the app, its linked screen, the Company Website, or other Service provision screens.

Article 11. Member Withdrawal and Loss of Eligibility
  1. Members may request to terminate the Usage Agreement (“Withdrawal”) at any time, and the Company will process the Withdrawal immediately, subject to prior verification of the Member’s identity.

  2. If a Member falls under any of the following, the Company may restrict or suspend their membership or terminate the Usage Agreement:

    • when false information was registered at the time of Application;

    • when the Member fails to fulfill their payment obligations for the Company’s Services or other related debts;

    • when the Member interferes with the use of the Services by others or misuses their information;

    • when the Member uses the Services to engage in activities prohibited by law, these ToS, or public order and morals;

    • when the Member engages in a pattern of repeated registration and withdrawal within a short time frame, such as one week; or

    • any other situation comparable to the foregoing where the Company determines that the restriction, suspension, or termination is needed to prevent Service abuse and ensure a fair experience for all Users.

  3. When the Company takes restrictive measures as prescribed in Paragraph 2 of this Article, it will notify the Member of the following:

    • the reason for the restriction;

    • the type and duration of the restriction; and

    • the method to file an objection to the restriction.

  4. The Company may suspend the use of the Services for the account in question until investigations are complete for the following reasons:

    • when a legitimate report is received that the account has been hacked, stolen, or used in a crime; or

    • when temporary measures are required for other reasons equivalent to the above.

  5. If the same action is repeated more than twice after the Company has restricted or suspended membership eligibility (“Eligibility”), or if the reason is not corrected within 30 days, the Company may revoke Eligibility.

  6. If the Company revokes Eligibility, the membership registration will be cancelled. In such case, the Company will notify the Member and provide a period of at least 30 days to explain before the cancellation thereof.

  7. If a Member violates these ToS and the Company imposes sanctions as prescribed in this Article, the Company will not compensate for any damages incurred by the Member due to the inability to use the Services, nor will it provide any refunds or compensation related to the Member’s use of Paid Services.

Article 12. Provision of Information

The Company may provide various information that it deems necessary for Members during their use of the Services through methods such as email or postal mail. However, if the information is of an advertising nature, the Company will obtain the Member’s consent for receipt thereof.

Article 13. Advertising
  1. The Company may display advertisements in relation to the operation of the Services on Service screens, the Website, or via email.

  2. The Company’s Services may include banners or links that connect to advertisements or Services provided by others.

  3. In cases where advertisements or Services provided by others are connected through banners or links as prescribed in Paragraph 2 of this Article, the Company does not guarantee the reliability or stability of the Services provided in those areas, and the Company is not responsible for any damages incurred by the Member due to such connections.

Article 14. Management of Posts
  1. The Company may review content to determine its legality or compliance with AI ethics regulations and may delete or refuse to post content that is reasonably judged to violate Company policies or laws.

Article 15. Attribution of Copyrights and Other Rights
  1. The Company retains all rights, titles, and interests in and to the Services and Contents; provided, however, that Members shall own the intellectual property rights to the specific portions of the Contents they create during their use of the Services, such as strategies.

  2. The Company does not guarantee that the results created by Members using the Services or the various information exposed during the creation process do not infringe on the copyrights or other intellectual property rights of third parties.

  3. The Company may use the posts made by Members within the Services and the results created using the Service’s functions for exposure within the Services, Service promotion, Service operation, improvement, and research purposes for new Service development by storing, copying, modifying, publicly transmitting, exhibiting, distributing, and creating derivative works.

  4. Except as explained in the Service ToS and Privacy Policy, the Company does not share Members’ files and data with any third party.

  5. Members guarantee that the text, images, and other materials they input during the Service use do not infringe on the intellectual property rights or other rights of third parties. If a Member violates this guarantee and a lawsuit, objection, claim, or any other dispute arises between a third party and the Member or the Company, the Member must compensate the Company for damages incurred according to their degree of responsibility.

  6. This Article remains effective while the Company operates the Service and continues to apply after a Member withdraws.

  7. In accordance with Article 103 of the Copyright Act, if a rights claimant provides proof of infringement to the Company and requests the suspension of reproduction and transmission of the infringing content, the Company may suspend the reproduction and transmission.

Chapter 5. Order and Payment for Goods

Article 16. Payment
  1. By clicking the “Purchase,” “Pay,” or “Confirm” button for a Paid Service, the Member agrees to this Agreement and the posted purchase conditions, thereby forming a Paid Service Usage Agreement and making the payment. The charging and payment of the fees are generally governed by the policies or methods determined by the payment method selected by the Member.

  2. Members may pay for Paid Services using various card payment methods, such as prepaid cards, debit cards, and credit cards. The Company does not charge any fees to the Member’s payment method other than for the Paid Services.

  3. Unless otherwise notified within the service, the Paid Service will commence from the time the Member makes the payment.

  4. The usage fee will be automatically charged on a monthly basis through the payment method registered by the Member. The payment will be automatically processed on the same date the following month, and the usage period will be automatically renewed. If the specified payment date does not exist in a particular month, the payment will be made on the last day of that month.

  5. If a Member switches to a higher-tier Paid Service (i.e., a Service with a higher usage fee) during the use of a Paid Service, the usage fee for the higher-tier Paid Service will be charged from the date of the switch. The previously paid usage fee for the previous Paid Service will not be refunded. Specific details related to this will follow the Company’s Paid Service notices or separate Paid Service operating policies.

  6. The Company does not provide Services to users under the age of 14 and does not collect personal information from them.

Article 17. Cancellation of Purchase, etc.
  1. A Member who has entered into a contract with the Company for the purchase of a Paid Service may cancel the purchase within 7 days from the later of the payment date or the date the content becomes available, provided that the Paid Service has not been used at all.

  2. The right to cancel a purchase is limited for Services for which cancellation is restricted by relevant laws, such as the Consumer Protection Act in Electronic Commerce. However, if the relevant laws require the Company to take measures to restrict the right to cancel a purchase, the Company will take such measures.

  3. Notwithstanding Paragraphs 1 and 2 of this Article, if the purchased paid content differs from the advertised content or is not provided as per the purchase agreement, the Member may cancel the purchase within 3 months from the date the content becomes available or within 30 days from the date the Member became aware or could have become aware of the issue.

  4. When a Member cancels a purchase, the Company will verify the purchase details through the provider of the payment method. The Company may contact the Member using the information provided by the Member to confirm the legitimate reason for the cancellation and may request additional evidence. The Company may suspend the transaction or cancel the transaction if verification is not possible until the confirmation is completed.

  5. Other matters related to refunds due to reasons not specified in this Article, such as cancellation or early termination, will follow the Company’s Paid Service notices or separate Paid Service operating policies.

Article 18. Refunds of Overpayments
  1. If an overpayment occurs, the Company will refund the overpaid amount to the Member. However, if the overpayment is due to the Member’s fault without any intentional misconduct or negligence by the Company, the actual costs incurred for the refund will be borne by the Member within a reasonable range.

  2. The Company may cancel the payment or refund the amount through the payment method chosen by the Member.

  3. The Company may contact the Member using the information provided by the Member to process the refund of overpayments and may request the provision of necessary information.

Article 19. Refunds
  1. Members may request a service refund from the Company.

  2. The method for calculating the refund amount is as follows:

    • Monthly Payment: full refund if requested within one week.

    • Annual Payment: full refund if requested within one week.

    • Partial refund if requested between one week and one month, calculated based on the number of days used (at the original price).

      Monthly Subscription Refund Amount Annual Subscription Refund Amount
      Monthly subscription fee – (Monthly subscription fee ÷ 30 × number of days used) Annual subscription fee - (Annual subscription fee ÷ 30 × number of days used)
    • No refund if requested after six months for annual payments.

  3. The refund amount is calculated based on the date the Member requested the refund.

  4. The Paid Service is terminated on the date the refund is requested.

  5. The default method for card payment refunds is card cancellation. The refund is processed by requesting the payment processor to cancel the card payment within 3 business days after the Member’s refund request. If the request is made after 6 PM on a Friday, it may be processed the next business day, excluding holidays and Sundays.

Chapter 6. AI Ethics Regulations

Article 20. AI Ethics Regulations
  1. All members of the Company value AI ethics and adhere to their own AI ethics regulations. These AI ethics regulations have been established to prevent and mitigate issues that may arise while using Tradeverse’s Services.

  2. Tradeverse aims to create AI that is user-friendly and helpful. In this process, the Company prioritizes deriving accurate expressions and protecting personal information, while striving to prevent the generation of incorrect or biased information.

Article 21. Obligations of Users Using Tradeverse
  1. Members must not use Tradeverse for malicious purposes. Additionally, Members must not cause reputational risk to Tradeverse through malicious use. Malicious use typically includes generating biased outcomes, such as unfairly discriminatory opinions or unjust value judgments, through intentional input values during the use of Tradeverse. It also includes any other issues caused by the malicious use of Tradeverse by Members.

  2. When disclosing AI-generated results (hereinafter referred to as ‘AI results’) to the public via social networking services (SNS) or other methods, and notifying third parties, Members must ensure that the output data does not contain copyright infringement, violent expressions, explicit content, discriminatory language, or any other inappropriate information that may infringe on third-party rights or cause harm, disadvantage, or discomfort. In the event of legal or ethical issues, or any disputes with third parties related to the AI results, Members will be held responsible to the extent of their fault.

  3. Members must immediately inform Tradeverse of any ‘problematic or potentially problematic results’ they encounter while using Tradeverse. By doing so, members are obligated to actively cooperate with Tradeverse to improve the relevant aspects.

  4. Members who fail to comply with these regulations may have their usage suspended or restricted without prior notice, in accordance with Chapter 4.

  5. The input and output values provided by Members may be used to improve Tradeverse’s engine for better service provision and for model evaluation purposes.

Article 22. Scope of Application of AI Ethics Regulations

The AI Ethics Regulations of Tradeverse are subject to continuous revision, and the Company will announce any changes.

Chapter 7. Miscellaneous

Article 23. Damages and Indemnification
  1. If either the Company or a Member violates these ToS and causes damage to the other party, the party responsible for the violation shall be liable for compensating the damages. However, this does not apply if there is no intentional misconduct or negligence.

  2. The Company shall not be liable for damages incurred by Members due to the following reasons, which occur without intentional misconduct or negligence by the Company:

    • If Services are unavailable due to maintenance, replacement, regular inspection, construction, or other similar reasons for the Service facilities.

    • If Services are disrupted due to intentional misconduct or negligence by the Member.

    • If the reliability or accuracy of posts made by other Members is insufficient.

    • If transactions or disputes arise between Members or between a Member and a third party through the Service.

    • If the benefits expected by the Member from using the Services are not realized.

    • If Member information is leaked due to the Member’s failure to manage their account password, mobile device password, or passwords provided by open market operators.

    • If a Member is unable to use all or part of the content due to changes in the mobile device, mobile device number, operating system (OS) version, international roaming, or changes in telecommunication providers.

    • If a Member deletes content or account information provided by the Company.

    • If there is illegal access or use of the server by a third party, or abnormal access interference using programs.

    • Other reasons equivalent to the above, for which the Company is not responsible.

  3. The Company does not guarantee the legality, originality, exclusivity, reliability, accuracy, truthfulness, usability, or suitability for a specific purpose of the AI-generated results. The Company is not responsible for any failure of Members to achieve the expected benefits from using the service, nor for any damages arising from the results obtained through the service.

  4. The Company does not guarantee the accuracy or reliability of the information, materials, or content posted by Members on the bulletin board.

  5. The Company does not guarantee the reliability or accuracy of information, materials, or facts posted by Members or found through searches or recommendations within the service.

  6. If the Company incurs damages due to a Member’s violation of these ToS, the Member who violated these ToS shall compensate the Company for the damages incurred according to their degree of responsibility.

Article 24. Notification to Members
  1. The Company may send notification to Members using their email address, mobile phone number, text messages, and other similar methods.

  2. For notifications to a large, unspecified number of Members, the Company may substitute individual notifications by posting them on the Website for at least 7 days. However, individual notifications will be provided for matters that significantly affect a Member’s personal transactions.

Article 25. Governing Law and Dispute Resolution
  1. These ToS, well as any legal claim that might arise between the Company and any of the Members, shall be governed by and construed under the laws of Korea without giving effect to conflict of law principles.

  2. The Company and the Members shall exercise good faith effort as necessary regarding any disputes arising from the use of Services.

  3. In the undesirable event of a legal dispute between the Company and any Member, Seoul Central District Court located in Korea shall have exclusive jurisdiction as the court of first instance. Members agree to submit to the personal jurisdiction of, and agree that it is not unduly burdensome for the Members to decide on the proper venue in, Seoul Central District Court. Notwithstanding, solely to the extent that applicable local law prevents certain disputes from being resolved in courts of Korea, Members can file those disputes in their local courts. Likewise, if applicable local law prevents a Member’s local court from applying laws of Korea to resolve these disputes, then these disputes will be governed by the applicable local laws of the Member’s country, state, or other place of residence. For all other cases, the terms under the foregoing paragraph shall apply.

  4. To ensure that disputes are dealt with soon after they arise, Members agree that regardless of any statute or law to the contrary, any claim or cause of action they might have arisen out of or related to use of Services or the ToS must be filed within the applicable statute of limitations or, if earlier, within one (1) year after the pertinent facts underlying such claim or cause of action could have been discovered with reasonable diligence. Otherwise, such cause of action is permanently barred.

[Addendum]

  1. These ToS shall become effective on and as of June 1, 2024.