Terms and Conditions
1. General conditions and their acceptance
These general conditions regulate the contract between you (hereinafter 'the client' or 'the participant') and Chain Ventures, S.L. (hereinafter 'the company' or 'the promoter'), with CIF B42839530 and address at Calle Aribau, 168, 1º 1ª, 08036, Barcelona, Spain.
Chain Ventures S.L. owns the commercial name ‘Chain Ventures Crypto’ and the domain name Chainventures.io (hereinafter, ‘the web’ or ‘the website’) related to the service opportunities for participation in technological developments oriented to Blockchain.
The completion of the Registration through the use of the "Register" button, attributes the condition of client of the service, and means the express, full and unreserved acceptance of the client of each and every one of the general conditions.
The mere use of the service also means the client's acceptance of the regulations, instructions and privacy policy made available to the client by the company, on this same website.
2. Purpose
These general conditions regulate the provision of the Service by the company to the client, as well as the client's obligations and the conditions of use of the Service.
3. Description of the service
Through the website, we offer an online platform that shows, in an informative and non-contractual way, the technological projects that the company is going to carry out, and for which it requests financing from third party participants.
In no case will the company provide individual or collective financial advice, the investment decision must be made exclusively by the client, after reading the information available on the project on the website.
In the event that the client's decision is to invest in any of the available projects, the complete process of registration, transfer of funds, and formalization of the investment (through the electronic signature of a loan contract), will be carried out in a electronics on the same website.
The client has a private user area, in which he will have detailed information on the evolution of the projects and the returns generated by them.
The Loan Agreement model that customers and the Company may sign through the website, and the terms and conditions of which will be linked, can be consulted on the same website.
4. Conditions of use of the service
- Registry
To access the services of the website, the client must register, registering on the website, providing personal and identifying information and accepting these 'Terms and conditions of the website'. Registration for the use of the website is free.
In the registration process, you must provide a copy of both sides of the DNI or equivalent identification document, and a copy of the certificate that proves the ownership of a bank account in the name of the client.
The company will proceed to validate the data and documents provided, and the verifications being favorable, the client will be enabled as a potential participant in the projects of the company.
- Project financing:
The financing of the project will be carried out under the loan format, with a simple interest rate and return of the capital at the end of the term.
Different participation options can be offered on the same project. The interest rate paid may be different depending on the term of the investment and / or the amount invested. This information, along with the rest of the characteristics of the financing proposal, and the clauses of the Loan Agreement that formalizes the investment, will always be available and accessible on the website, and you can make your query before starting the investment process.
After the client decides to participate in the project and select the amount to be invested, the funds will be entered, by bank transfer from an account they own or through payment with a bank card in their name. In case of not receiving the deposit within the period of time notified to the client on the website during the payment process, the company reserves the right to release the reserved amount, to facilitate the entry of other clients and the achievement of the objective of financing.
Once the receipt of the funds has been confirmed, the client will be advised to proceed with the signing of the loan contract, which will be done electronically on the website. A copy of the loan contract and its annexes will be available in the client's private area for consultation or download. Once the signature is made, the contract will be fully valid and effective.
The validity of the loan contract will be subject to the effective disbursement and receipt of the funds. In the event that such funds do not exist, or they are requested in retrograde, the corresponding loan contract will lose its validity, and the client's registration on the website will be suspended.
If the financing objective is not reached within the established period, the company may consider extending the financing term, or else resort to other financing channels. If it is not possible to achieve the objective, the project will be cancelled, as well as the suspension of the Loan Agreement and the return to the participant of the transferred funds.
- About the decision to participate:
The company does not hold the status of an investment services company, or a credit institution and is not attached to any investment guarantee fund or deposit guarantee fund. The projects announced on the website are not subject to authorization or supervision by the National Securities Market Commission or by the Bank of Spain.
Any decision made by the client will constitute an informed and independent decision, and will imply that the client has carried out the checks, studies and analyzes that it considers pertinent to make the decision.
- Limits on amounts:
Limits can be set on the minimum and maximum amount with which the client can participate. Information about the limits can be found in the project file on the Website. The company reserves the right to request the participant to prove their previous experience as a participant in the financing of other projects or business initiatives
Limits can be set on the minimum and maximum amount with which the client can participate. Information about the limits can be found in the project file on the Website. The company reserves the right to request the participant to prove their previous experience as a participant in the financing of other projects or business initiatives
- Costs and commissions:
The transfer of funds to make the investment is exempt from commissions.
There are no costs or commissions, in the formalization, in the period of validity or in the conclusion of the Loan Agreement.
The registration and maintenance of your user account on the website does not carry any commission for registration or maintenance.
- Promotional actions:
El registro y mantenimiento de tu cuenta de usuario en el sitio Web, tampoco lleva aparejada ninguna comisión por alta o mantenimiento.In the case of carrying out promotional actions, the conditions by which they will be governed may be consulted on this same website.
5. Obligations of the client
The user agrees to use the service in accordance with the conditions of the contract including these general conditions, and, in any case, in respect of the rights of third parties, the law, and public order, as well as refrain from using the service. for illegal purposes. The company reserves the right to adopt the measures it deems appropriate in the event that there are indications of fraudulent use of the service, including the adoption of appropriate legal actions.
Clients who voluntarily register on the website must provide truthful information, which allows the identification of the client, the internal procedures of the company, and prevent any fraudulent situation. We reserve the right to cancel a customer registration if it is detected that the registered data is not correct. These data can refer to email, telephone, name and surname.
The client, as far as possible, must keep his registration data updated. These changes can be made effective by contacting our customer service, or from the personal user area, available on our platform.
The customer is solely responsible for the proper custody, preservation and use of his username and password. Any person who enters a valid username and password will be, under the terms described in this condition, duly legitimized for use in front of society in any operation in which they can be used. In the event of loss or misplacement, or if you suspect that the security of your access data may have been compromised, you should contact our customer service so that we can provide you with new access data.
It is up to the client to analyze the characteristics of each project, their prospects for viability and the probability of meeting the estimated profitability of their investment. Likewise, in the event of non-compliance by the company with any of its obligations, the investor will be solely responsible for exercising the corresponding legal actions in defense of his or her interest.
In particular, it is the sole responsibility of the client to comply with their fiscal, tax and administrative obligations in force in their country of residence, as well as the presentation of any declarations and data that are required by virtue of the applicable regulations.
6. Obligations of the company
The website will be available 24/7. There may be anomalies or interruptions in the availability or operation of the service, due to causes not attributable to the company. In this event, the company will make its best efforts to solve the anomaly within 48 hours after the identification of the incident.
The company will publish on the website information about the proposed technological project, its objective, estimated time for completion of the development, and other documents.
The company will publish detailed information on its financing request, as well as the general characteristics of the loan, on the website, making available on the website, the Loan Agreement model and its annexes.
Any information displayed about the projects should not be seen as a recommendation or promotion of reliability, achievement of the objectives proposed by the promoter company or absence of risk of the project.
The company will provide on the website, or in the client's private area, accessible from the same website, periodic information on the development of the project, based on the fulfilment of the milestones and planned objectives, as well as, where appropriate, deviations that are produced in accordance with initial forecasts and estimates.
The company must comply with the terms that have been published on the website and in conditions of transparency with investors.
To resolve any question or incident related to the service, the company makes a contact form available to the client available on the website.
7. Limitation and / or exclusion of guarantees and liability
Due to the interruption, suspension or cancellation of access to the website, as well as the availability and continuity of the operation of the site or the services and / or contents therein, when this is due to a cause beyond the control of the company, whether it comes directly or indirectly from it.
The website may contain hyperlinks or references that link to third-party activities. The company is not responsible for the content, materials, services or any other element of third parties.
8. Industrial and Intellectual Property
All the contents of the website (by way of example and not limitation, databases, texts, brands, trade names, logos, distinctive signs, images, videos, designs, page structure, etc.) are owned by the company.
The use of the website does not confer on the clients any right of exploitation of any kind or their ownership of the contents thereof, as well as their intellectual and / or industrial property.
9. Applicable law
These general conditions will be governed by Spanish legislation.