Terms & Conditions

Raum Network General Terms and Conditions of Service

Disclaimer and Risk Statement

By reading this document, the Visitor (as defined below) is aware that:

 

Disclaimer

 

The information contained in or provided on or through the Website (as defined below) is not intended to be and does not constitute financial advice, trading advice, or any other type of advice.

 

The Project (as defined below) is a for-profit corporation proceeding to the private sale of Raum Network Tokens (as defined below) for the purpose of financing its business activity. The Project is not a bank, a security firm, an asset manager, a portfolio manager or an investment advisor. The Project is not a financial institution or a financial service provider.

 

Risk Statement

 

Blockchain technology and crypto-assets carry significant risks, including the possible loss of all value allocated in crypto-assets. Such risks arise from the novelty of this technology, the regulatory uncertainty, the possibility of hacking, the high volatility and the information asymmetry characterising the crypto market. Visitors should not purchase crypto-assets with funds they cannot afford to lose. Furthermore, the Visitor is strongly encouraged to seek financial and legal advice regarding the use of crypto-assets and the use of our services.

 

Preamble

 

The Agreement shall govern the use of Raum Network and shall constitute a binding contract between the Visitors , the Users, the Participants, the Project.

By browsing the website, any Visitor (as defined below) acknowledges having read and understood the Agreement and agrees to be bound by its terms and conditions and comply with the Agreement and all applicable laws and regulations. The Visitor’s consent is given once the Visitor participate in any campaign conducted by Raum Network. By continuing to use our website, the Visitors agree to the terms and conditions of the Agreement governing the use of Raum Network, our Privacy Policy and to our Cookies Policy. By giving its consent, the Visitor confirms that its level of English is sufficient to understand the meaning of the terms and conditions of this Agreement as well as all the commitments, warranties, waivers and obligations contained herein.

If the Visitor is browsing the Website on behalf of a business or other entity, the Visitor represents and warrants that the Visitor has the necessary authority to bind that business or entity to the terms and conditions of this Agreement and that the Visitor agrees to this Agreement on behalf of that business or entity.

 

Raum Network has the right to unilaterally modify and/or update the terms and conditions of this Agreement at any time without notice. The continuous use of the Website by the Visitor shall be deemed as acceptance of this Agreement in the last and most updated version. Any Visitor shall periodically check the terms and conditions of this Agreement.

By making use of the Website, the Visitor acknowledges and agrees that: (i) The Visitor is aware of the risks associated with crypto-assets, including but not limited to cybersecurity risks and regulatory risks; (ii) The Visitor shall assume all risks related to the use of MapMetrics and crypto-assets transactions; and (iii) Raum Network shall not be liable for any such risks or adverse outcomes.

It is understood and presumed that, before purchasing Raum Network tokens, the Participant has fully read, understood, and irrevocably accepted the terms and conditions of this Agreement. If any Participant does not agree with this Agreement in general or in any part, such Participant should refrain from using the Website and/or purchasing Raum Network tokens. This Agreement contains important provisions, including an arbitration provision that requires all claims to be resolved by way of legally binding arbitration.

The market value of crypto-assets may fluctuate significantly, and there is a substantial risk of economic losses when purchasing, selling, or holding digital tokens.

If any Visitor does not agree with the terms and conditions of the Agreement, the Visitor should refrain from using the Website.

 

Raum Network Terms of Use

 

AMENDED ON March 1st 2022

 

 

This agreement is made by and between you and operator of Raum Network and has the legal effect as a legal contract. The operator of Raum Network means the legal entity that, recognized by law, operates the networking platform. The operator of Raum Network may be referred to, individually or collectively, as “Raum Network” in this agreement. “Raum Network” means the networking platform operated by Raum Network, including but not limited to the Raum Network website, with the domain name of Raum Network.com, https://www.raum.network/, which is encrypted.

 

Although Raum Network has been committed to maintaining the accuracy of the information provided through Raum Network Services, Raum Network cannot and does not guarantee its accuracy, applicability, reliability, integrity, performance or appropriateness, nor shall Raum Network be liable for any loss or damage that may be caused directly or indirectly by your use of these contents.

 

1. Agreement and Execution

 

The content of this agreement includes main body of this agreement and various rules that have been posted or may be posted from time to time by Raum Network. All of the rules shall be an integral part of this agreement, and shall have the same legal effect as the main body of this agreement. Unless otherwise expressly provided, any service provided by Raum Network and its affiliates (hereinafter referred as “Raum Network Service”) shall be bound by this agreement. In case of any inconsistency between relevant terms of service agreement of the specific Raum Network Services and the contents of this agreement, the respective applicable terms of such specific Raum Network Service shall prevail. You shall carefully read through this agreement before using any Raum Network Service, and pay close attention to the content written in bold font. You may consult Raum Network if you have any question with regard to this agreement. However, regardless whether you have carefully read through this agreement before using Raum Network Service, you shall be bound by this agreement as long as you use Raum Network Service. You shall not claim to void or rescind this agreement on the ground that you did not read this agreement or you did not receive any respond from Raum Network to your consultation. You hereby promise to accept and observe this agreement. If you do not agree to this agreement, you shall immediately stop registration/activation or stop using Raum Network Service. Raum Network may make or amend this agreement and various rules from time to time as needed without any individual notice to you. The amended agreement and rules shall come into effect immediately and automatically upon being announced on the website. If you do not agree to the relevant amendment, you shall immediately stop using Raum Network Service. If you continue using Raum Network Service, you shall be deemed as having accepted the amended agreement and rules. Raum Network reserves interpretation rights to all of the terms hereof.

 

2. Registration and Account

 

2.1 Eligibility of Registrants

 

You hereby confirm that you are an individual, legal person or other organization with full capacity for civil rights and civil conducts when you complete the registration or actually use Raum Network Service in any other way allowed by Raum Network. If you do not have the said capacity, you and your guardian shall undertake all the consequences resulted therefrom, and Raum Network shall have the right to cancel or permanently freeze your account, and claims against you and your guardian for compensation. With no prejudice, Raum Network may refuse, in its discretion, to open an account for you.

 

2.2 Registration and Account

 

You shall be bound by this agreement once you have filled in information, read and agreed to this agreement and completed the registration process following the instructions on the registration page or you have filled information, read and agreed to this agreement and completed the activation process following the instructions on the activation page, or upon your actual use of Raum Network Service in a way permitted by Raum Network. You may log in Raum Network by your email address or mobile number that you have provided or confirmed or any other means permitted by Raum Network. You must provide your real name, ID type, ID number and other information required by the laws and regulations. If any information you have provided during the registration is inaccurate, Raum Network will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you. Raum Network accounts can only be used by the person whose name they are registered under. Raum Network reserves the right to suspend, freeze, or cancel accounts that are used by persons other than the persons whose names the accounts are registered under. Raum Network will also not take legal responsibility for these accounts. Considering the platform risks, maintenance expenses and other internal control reasons, Raum Network has the right to cancel or permanently freeze the registered accounts with no transaction for a certain period.

 

2.3 User’s Information

 

During the registration or activation, you shall accurately provide and timely update your information by following the instructions on the relevant page according to the laws and regulations in order to make it truthful, timely, complete and accurate. If there is any reasonable doubt that any information provided by you is wrong, untruthful, outdated or incomplete, Raum Network shall have the right to send you a notice to make enquiry and demand corrections, remove relevant information directly and, as the case may be, terminate all or part of Raum Network Service to you. Raum Network will not take any responsibility and any loss, direct or indirect, and adverse consequence resulted therefrom will be borne by you. You shall accurately fill in and timely update your email address, telephone number, contact address, postal code and other contact information so that Raum Network or any other user will be able to effectively contact you. You shall be solely and fully responsible for any loss or extra expenses incurred during the use of Raum Network Service by you if you cannot be contacted through these contact information. You hereby acknowledge and agree that you have the obligation to keep your contact information effective and to take actions as required by Raum Network if there is any change or update.

 

2.4 Account Security

 

You shall be solely responsible for the safekeeping of your Raum Network account and password on your own, and you shall be responsible for all activities under your log-in email, Raum Network account and password (including but not limited to information disclosure, information posting, consent to or submission of various rules and agreements by clicking on the website, online renewal of agreement or online purchase of services, etc.). You hereby agree that: a) you will notify Raum Network immediately if you are aware of any unauthorized use of your Raum Network account and password by any person or any other violations to the security rules; b) you will strictly observe the security, authentication, dealing, charging, withdrawal mechanism or procedures of the website/service; and c) you will log out the website by taking proper steps at the end of every visit. Raum Network shall not and will not be responsible for any loss caused by your failure to comply with this provision. You understand that Raum Network needs reasonable time to take actions upon your request, and Raum Network will not undertake any responsibility for the consequences (including but not limited to any of your loss) that have occurred prior to such actions.

 

3. Raum Network Service

 

Through Raum Network Service and other services provided by Raum Network and its affiliates, members may post deal information, access to the pricing and dealing information of a deal and carry out the deal, participate in activities organized by Raum Network and enjoy other information services and technical services. If you have any dispute with other members arising from any transaction on Raum Network, once such dispute is submitted by one or both of you and the other member to Raum Network for dispute resolution, Raum Network shall have the right to make decision at its sole discretion. You hereby acknowledge and accept the discretion and decision of Raum Network. You acknowledge and agree that, Raum Network may, on requests from governmental authorities (including judicial and administrative departments), provide user information provided by you to Raum Network, transaction records and any other necessary information. If you allegedly infringe upon any other’s intellectual rights or other legitimate interests, Raum Network may provide the necessary ID information of you to the interest holder if Raum Network preliminarily decides that the infringement exists. All the applicable taxes and all the expenses in relation to hardware, software, service and etc. arising during your use of the Raum Network Service shall be solely borne by you. By using this service you accept that all trade executions are final and irreversible. By using this service you accept that Raum Network reserves the right to liquidate any trades at any time regardless of the profit or loss position.

 

4. User’s Guide of Raum Network Service

 

You hereby promise to observe the following covenants during your use of Raum Network Service on Raum Network: All the activities that you carry out during the use of Raum Network Service will be in compliance with the requirements of laws, regulations, regulatory documents and various rules of Raum Network, will not be in violation of public interests, public ethnics or other’s legitimate interests, will not constitute evasion of payable taxes or fees and will not violate this agreement or relevant rules. If you violate the foregoing promises and thereby cause any legal consequence, you shall independently undertake all of the legal liabilities in your own name and hold Raum Network harmless from any loss resulted from such violation. During any transaction with other members, you will be in good faith, will not take any acts of unfair competition, will not disturb the normal order of online transactions, and will not engage in any acts unrelated to online transactions. You will not use any data on Raum Network for commercial purposes, including but not limited to using any data displayed on Raum Network through copy, dissemination or any other means without prior written consent of Raum Network. You will not use any device, software or subroutine to intervene or attempt to intervene the normal operation of Raum Network or any ongoing transaction or activities on Raum Network. You will not adopt any action that will induce unreasonable size of data loading on the network equipments of Raum Network. You will not engage in n-degree arbitrage trading to exploit the inefficiencies of the market, or any involved inmarket manipulation (such as pump and dump schemes, wash trading, self-trading, front running, quote stuffing, and spoofing or layering, regardless of whether prohibited by law) . You acknowledge and agree: Raum Network shall have the right to unilaterally determine whether you have violated any of the covenants above and, according to such unilateral determination, apply relevant rules and take actions thereunder or terminate services to you, without your consent or prior notice to you. As required to maintain the order and security of transactions on Raum Network, Raum Network shall have the right to close relevant orders and take other actions in case of any malicious sale or purchase or any other events disturbing the normal order of transaction of the market. If your violation or infringement has been held by any effective legal documents issued by judicial or administrative authorities, or Raum Network determines at its sole discretion that it is likely that you have violated the terms of this agreement or the rules or the laws and regulations, Raum Network shall have the right to publish on Raum Network such alleged violations and the actions that having been taken against you by Raum Network. As to any information you may have published on Raum Network that allegedly violates or infringes upon the law, other’s legitimate interests or this agreement or the rules, Raum Network shall have the right to delete such information without any notice to you and impose punishments according to the rules. As to any act you may have carried out on Raum Network, including those you have not carried out on Raum Network but have had impacts on Raum Network and its users, Raum Network shall have the right to unilaterally determine its nature and whether it constitutes violation of this agreement or any rules, and impose punishments accordingly. You shall keep all the evidence related to your acts on your own and shall undertake all the adverse consequences resulted from your failure to discharge your burden of proof. Raum Network reserves the right to freeze user’s account provided any violation to the User’s Guide stipulated herein. If your alleged violation to your promises causes any losses to any third party, you shall solely undertake all the legal liabilities in your own name and hold Raum Network harmless from any loss or extra expenses. If, due to any alleged violation by you to the laws or this agreement, thus Raum Network incurs any losses, or is claimed by any third party for compensation or suffers any punishment imposed by any administrative authorities, you shall indemnify Raum Network against any losses and expense caused thereby, including reasonable attorney’s fee.

 

5. Scope and Limitation of Liability

 

Raum Network will provide Raum Network Service at an “as is” and “commercially available” condition. Raum Network disclaims any express or implied warranty with regards to Raum Network Service, however, including but not limited to applicability, free from error or omission, continuity, accuracy, reliability or fitness for a particular purpose. Meanwhile, Raum Network disclaims any promise or warranty with regards to the effectiveness, accuracy, correctness, reliability, quality, stability, completeness and timeliness of the technology and information involved by Raum Network Service. You are fully aware that the information on Raum Network is published by users on their own and may contain risks and defects. Raum Network serves merely as a venue of transactions. Raum Network serves merely as a venue where you acquire coin related information, search for counterparties of transactions and negotiate and conduct transactions, but Raum Network cannot control the quality, security or legality of the coin involved in any transaction, truthfulness or accuracy of the transaction information, or capacity of the parties to any transaction to perform its obligations under the transaction documents. You shall cautiously make judgment on your own on the truthfulness, legality and effectiveness of the coin and information in question, and undertake any liabilities and losses that may be caused thereby. Unless expressly required by laws and regulations or any of the following circumstances occurs, Raum Network shall not have any duty to conduct preliminary review on information data, transaction activity and any other transaction related issues of all users: Raum Network has reasonable cause to suspect that a particular member and a particular transaction may materially violate the law or agreement. Raum Network has reasonable cause to suspect that the activities conducted on Raum Network by a member may be illegal or improper. You acknowledge and agree, Raum Network shall not be liable for any of your losses caused by any of the following events, including but not limited to losses of profits, goodwill, usage or data or any other intangible losses (regardless whether Raum Network has been advised of the possibility of such losses): use or failure to use Raum Network Service, unauthorized use of your account or unauthorized alternation of your data by any third parties, expenses and losses incurred from purchase or acquisition of any data or information or engagement in transaction through Raum Network Service, or any alternatives of the same. your misunderstanding on Raum Network Service. any other losses related to Raum Network Service which are not attributable to Raum Network. In no event shall Raum Network be liable for any failure or delay of service resulted from regular equipment maintenance of the information network, connection error of information network, error of computers, communication or other systems, power failure, strike, labor disputes, riots, revolutions, chaos, insufficiency of production or materials, fire, flood, tornado, blast, war, governmental acts or judicial orders. You agree to indemnify and hold harmless Raum Network, its contractors, and its licensors, and their respective directors, officers, employees and agents from and against any and all claims and expenses, including attorneys’ fees, arising out of your use of the Website, including but not limited to out of your violation this Agreement.

 

6. Termination of Agreement

 

You hereby agree that, Raum Network shall have the right to terminate all or part of Raum Network Service to you, temporarily freeze or permanently freeze (cancel) the authorizations of your account on Raum Network at Raum Network’s sole discretion, without any prior notice, for whatsoever reason, and Raum Network shall not be liable to you; however, Raum Network shall have the right to keep and use the transaction data, records and other information that is related to such account. In case of any of the following events, Raum Network shall have the right to directly terminate this agreement by cancelling your account, and shall have the right to permanently freeze (cancel) the authorizations of your account on Raum Network and withdraw the corresponding Raum Network account thereof: after Raum Network terminates services to you, you allegedly register or register in any other person’s name as Raum Network user again, directly or indirectly; the main content of user’s information that you have provided is untruthful, inaccurate, outdated or incomplete; when this agreement (including the rules) is amended, you expressly state and notify Raum Network of your unwillingness to accept the amended service agreement; any other circumstances where Raum Network deems it should terminate the services. After the account service is terminated or the authorizations of your account on Raum Network is permanently froze (cancelled), Raum Network shall not have any duty to keep or disclose to you any information in your account or forward any information you have not read or sent to you or any third party. You agree that, after the termination of agreement between you and Raum Network, Raum Network shall still have the rights to: keep your user’s information and all the transaction information during your use of Raum Network Service. Claim against you according to this agreement if you have violated any laws, this agreement or the rules during your use of Raum Network Service. After Raum Network suspends or terminates Raum Network Service to you, your transaction activities prior to such suspension or termination will be dealt with according to the following principles and you shall will take care of on your own efforts and fully undertake any disputes, losses or extra expenses caused thereby and keep Raum Network harmless from any losses or expenses: Raum Network shall have the right to delete, at the same time of suspension or termination of services, information related to any un-traded coin tokens that you have uploaded to Raum Network prior to the suspension or termination. If you have reached any purchase agreement with any other member prior to the suspension or termination but such agreement has not been actually performed, Raum Network shall have the right to delete information related to such purchase agreement and the coins in question. If you have reached any purchase agreement with any other member prior to the suspension or termination and such agreement has been partially performed, Raum Network may elect not to delete the transaction; provided, however, Raum Network shall have the right to notify your counterparty of the situation at the same time of the suspension or termination.

 

7. Privacy Policy

 

Raum Network may announce and amend its privacy policy on the platform of Raum Network from time to time and the privacy policy shall be an integral part of this agreement.