Terms and Conditions
Terms and Conditions
Date: 9th of June 2022
No investment advice
You acknowledge that Art3Labs does not provide investment advice or a recommendation of securities or investments. You should always obtain independent investment and tax advice from your professional advisers before making any investment decisions. We only teach and inform you about opportunities and provide you with the necessary resources to enable you to make investment decisions.
Service built on Stellar network
A ledger that permits trading at any time of the day and with few seconds settling. If you are interested in checking that the transactions are rightly recorded please access any Stellar ledger explorer and proof your public address. Realtime tracking, with ledger updates every 3 to 6 seconds.
Users personal Account Security
A private key is a secret number that is used in cryptography and blockchain networks. A seed phrase is an easier to remember method to derive from it a private key. In consideration of your use of the Site, you agree to (a) maintain the security of your password and identification; there is the necessity to take care of the seed phrase or private key in a way that no person other than yourself can make operations; (b) be fully responsible for all use of your account and for any actions that take place using your account.
Proprietary Rights in Site Content
All content on the Site, including but not limited to designs, text, graphics, pictures, video, information, software, music, sound and other files, and their selection and arrangement, are the proprietary property of the Company with all rights reserved, except the copyright to certain images appearing on the Site may belong to third-parties and we are using such images as a fair and permissible use and or with the consent of the copyright holder.
Links to Other Web Sites and Content.
The Site contains (or you may be sent through the Site or the Services) links to other websites, as well as articles, photographs, text, graphics, pictures, designs, music, sound, video, information, software and other content belonging to or originating from third parties. Such Third Party Sites and Third Party Content are not investigated, monitored or checked for accuracy, appropriateness, or completeness by us, and we are not responsible for any Third Party Sites accessed through the Site or any Third Party Content posted on the Site, including without limitation the content, accuracy, offensiveness, opinions, reliability or policies of or contained in the Third Party Sites or the Third Party Content. Inclusion of or linking to any Third Party Site or any Third Party Content does not imply approval or endorsement thereof by us. If you decide to leave the Site and access the Third Party Sites, you do so at your own risk and you should be aware that our terms and policies no longer govern. You should review the applicable terms and policies, including privacy and data gathering practices, of any site to which you navigate from the Site.
The Site and the Service may be temporarily unavailable from time to time for maintenance or other reasons. The Company assumes no responsibility for any error, omission, interruption, deletion, defect, delay in operation or transmission, communications line failure, theft or destruction or unauthorized access to, or alteration of, User communications. The Company is not responsible for any problems or technical malfunction of any telephone network or lines, computer online systems, servers or providers, computer equipment, software, failure of email or players on account of technical problems or traffic congestion on the Internet or on the Site or combination thereof, including injury or damage to Users or to any other person's computer related to or resulting from participating or downloading materials in connection with the Web and/or in connection with the Service. Under no circumstances will the Company be responsible for any loss or damage, including any loss or damage to any User Content, financial damages or lost profits, loss of business, or personal injury or death, resulting from anyone's use of the Site or the Service, any User Content or Third Party Content posted on or through the Site or the Service or transmitted to Users, or any interactions between Users of the Site, whether online or offline. The Company reserves the right to change any and all content contained in the Site and any Services offered through the Site at any time without notice. Reference to any products, services, processes or other information, by trade name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation thereof, or any affiliation therewith, by the Company.
Governing Law; Venue and Jurisdiction; Arbitration
In the event of the obligor, Art3Labs, bankruptcy
If Art3Labs, the obligor of the ledger securities is declared bankrupt, all artworks will be sold in an auction and the fund investors will receive a proportionate pay out according to their shares.
Using your shares as collateral
You are able to privately use the shares as collateral. Collateral may be posted even without the transfer of the ledger- based security. When those tokens are used as collateral (for debt) the rights of the tokens are the same as traditional shares.