Terms & Privacy Policy

CINEASTE.io TERMS & PRIVACY POLICY

Welcome to CINEASTE.io. These Terms & Privacy Policy are subject to change without prior written notice at any time, at Company’s sole discretion, and such changes shall apply to any purchases made after such changes are posted. Therefore, you should review these Terms & Conditions prior to each purchase, so you will understand the terms applicable to such a transaction. If you do not agree to these Terms & Privacy Policy, do not make any purchases.

PLEASE READ THESE TERMS & PRIVACY POLICIES CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION REGARDING YOUR LEGAL RIGHTS, REMEDIES, AND OBLIGATIONS. THESE INCLUDE VARIOUS LIMITATIONS AND EXCLUSIONS, AND A DISPUTE RESOLUTION CLAUSE THAT GOVERNS HOW DISPUTES WILL BE RESOLVED.

Terms

1 Become a CINEASTE member

By registering on CINEASTE.io at no cost, you officially become a CINEASTE Member. You assume full responsibility for safeguarding the confidentiality of your account, which includes restricting unauthorized access to the device through which you access your account.

2 TOKENs 

2.1 Backer NFT

Backer NFTs are initially minted at a fixed price of 50 USD. These NFTs serve as transferable tokens, granting collectors a proportionate share of the revenue generated by the respective films released through CINEASTE.io.

Additional benefits and experiences may be offered depending on the specific film, further enhancing the value of the Backer NFTs. These may include exclusive content, behind-the-scenes access, or opportunities to engage with the filmmakers. The issuance of Backer NFTs is limited and directly tied to the total value of the online distribution rights that CINEASTE.io secures for each film.

Collectors may claim their share of revenue based on income recognized up until December 31st each year. These will be announced within five business days after the year-end close. On the day of announcement, collectors will be able to claim their share, with gas fees, applicable taxes, and additional fees deducted accordingly.

2.2 $CINE

$CINE is the native token of the CINEASTE.io platform, designed to reward users for promoting films and participating in the platform’s ecosystem. It also offers holders a share in the platform’s revenue, generated through film financing, distribution, and other film-related activities. With a fixed supply of 21 million tokens, $CINE follows a deflationary model similar to Bitcoin, with periodic halvings to ensure long-term value appreciation. The token serves as both an incentive and a governance tool, empowering filmmakers, film enthusiasts, and the broader CINEASTE.io community to collaborate in a decentralized and equitable ecosystem.

While the Token Generation Event (TGE) for $CINE is yet to be determined, any related activities prior to the TGE will be recorded, and participants will be eligible for retroactive rewards. This approach ensures early supporters and contributors are recognized for their efforts through future token allocations.

3 Additional Benefits and Experiences

The NFT collectors may be eligible for certain Additional Benefits and Experiences.

Additional Benefits and Experiences refer to any on-chain or off-chain benefits, such as off-chain perks or experiences. To the extent permitted by applicable laws, you agree to release and refrain from suing for any loss, harm, or damage related to the Additional Benefits and Experiences. Additionally, you waive any claim concerning the provision of Additional Benefits and Experiences in a specific format or at a specific quality standard. You agree to accept any Additional Benefits and Experiences as-is.

4 Price Changes

We reserve the right to adjust pricing for our products&service or any components thereof in any manner and at any time as we may determine in our sole and absolute discretion. Except as otherwise expressly provided for in these Terms, any price changes to products&service will be effective immediately upon publishing on CINEASTE.io.

5 Refunds

All sales of TOKENs on CINEASTE.io are final and non-refundable, due to the unique and irrevocable nature of the digital assets. However, token collectors retain the right to resell their tokens on any marketplace, in accordance with the terms and conditions of the respective marketplace. CINEASTE.io will not provide refunds or exchanges for any purchased tokens under any circumstances.

6 Intellectual Property

The content, software, algorithms, designs, graphics, images, logos, trademarks, and copyrights related to CINEASTE.io's services are either owned by or licensed to CINEASTE.io and are protected by intellectual property laws. You agree not to copy, reproduce, distribute, display, or transmit any part of CINEASTE.io's services or materials without our prior written consent.

7 Applications  

You may encounter third-party applications (including, without limitation, websites, widgets, software, or other software utilities) ("Application(s)") that interact with the CINEASTE.io service. These Applications may import data related to your CINEASTE.io account and activity and otherwise gather data from you. These Applications are provided solely as a convenience to you, and CINEASTE.io is not responsible for such Applications. SUCH APPLICATIONS ARE OWNED OR OPERATED BY THIRD PARTIES THAT ARE NOT RELATED TO WITH OR SPONSORED BY CINEASTE.io AND MAY NOT BE AUTHORIZED FOR USE WITH OUR SERVICE IN ALL COUNTRIES. USE OF AN APPLICATION IS AT YOUR OWN OPTION AND RISK.

8 Customer Support

For any assistance, please contact us at: ama#cineaste.io. In line with our Service Level Agreement (SLA), we are committed to responding to all inquiries within five business days.

9 Gas Fees

CINEASTE.io covers the gas fees associated with the initial minting of TOKENs purchased on our platform.

10 Transfers

All subsequent and secondary sales or transfers of the TOKENs are subject to this Agreement. By purchasing, accepting, accessing, or otherwise using the TOKENs, the recipient of the TOKENs (the "Transferee") is deemed to accept all of the terms of this Agreement. The seller of the TOKENs (the "Transferor") is required to provide notice to the Transferee of this Agreement, including a link or other method by which the terms of this Agreement can be easily accessible by the Transferee. Additionally, any additional terms applicable to the sale of TOKENs on the relevant marketplace shall apply. The Transferee's rights to the revenue and additional benefits (if any) will begin on the date they have taken possession of the TOKENs in their Wallets.

11 Prohibited Transfers

The collector agrees not to knowingly transfer the TOKENs to anyone located in a country that is (a) subject to a Singapore Government embargo; (b) designated by the Singapore Government as a terrorist-supporting country; or (c) listed on any Singapore Government list of prohibited or restricted parties ("Prohibited Transferees").

12 Authority

The collector represents and warrants that they have the power, capacity, and authority to enter into and implement this Agreement, including receiving the revenue and any additional benefits.

13 Changes to this Agreement

Changing circumstances outside CINEASTE.io's control may result in (a) provision(s) of this Agreement becoming impossible for CINEASTE.io to perform, or (b) unintended and undesirable outcomes for collectors under this Agreement. In such event, CINEASTE.io may update this Agreement in its sole discretion, provided, however, that such update will intend to primarily benefit the Collectors or be reasonably likely to benefit the Collectors In the event of an update, CINEASTE.io will notify the Collectors by posting the amendment or updated Agreement on the Cineaste Platform and/or may also send other communications providing such notice. It's important that you review the terms of this Agreement whenever updated by CINEASTE.io. Collectors' continued possession or utilization of the TOKENs after the posting of such updated Agreement constitutes an acceptance and agreement to such update. If you do not agree to be bound by such changes, you may transfer your TOKENs.

14 Limitation of Liability

To the maximum extent permitted by applicable law, the Collector forever releases and agrees never to sue CINEASTE.io for any harm arising from the use of the Tokens or Additional Benefits and Experiences. In no event will the Company, its directors, employees, or agents be liable to the Collector or any third party for any indirect, consequential, exemplary, incidental, special, or punitive damages, including lost profits or data, resulting from the purchase or use of any Tokens, products, or services, even if the Company has been advised of the possibility of such damages. Notwithstanding any contrary provisions contained herein, the maximum amount recoverable by the Collector for any claim arising from this Agreement shall be limited to the price of the Token at the time it was first offered for sale on the CINEASTE.io Platform, minus any value from rewards received by the Collector. In no case will the Company's liability to the Collector exceed $1,000. If no payment has been made to the Company for the Token, product, or service, the Collector shall only be entitled to injunctive relief, unless otherwise permitted by law, and shall not be entitled to damages of any kind.

15 Indemnification

The Collector agrees to indemnify CINEASTE.io for any third-party claim arising from any breach of this Agreement or unlawful conduct by the Collector.

16 Violations

CINEASTE.io can terminate the Agreement, stop providing Additional Benefits and Experiences , and/or demand a return of the Tokens in the event that the Collector (a) violates any provision of this Agreement; (b) misuses the intellectual property of any Tokens in a manner contrary to this Agreement or Singapore copyright, trademark, or patent law; and/or (c) engages in any off-chain transactions involving the Tokens.

17 Force Majeure

In the event of unforeseeable, unavoidable, and insurmountable circumstances beyond the reasonable control of CINEASTE.io, including but not limited to natural disasters (such as earthquakes, floods, fires, snowstorms) or government actions (such as war, riots, strikes, civil disorder, or embargoes), CINEASTE.io will not be held responsible for any failure to perform its obligations.

If a force majeure event occurs, CINEASTE.io will notify users in a timely manner and provide sufficient evidence where applicable. During such events, CINEASTE.io reserves the right to suspend or modify its services without liability, and the obligations under this Agreement may be delayed or suspended for the duration of the force majeure event. Once the event has ended, CINEASTE.io will make reasonable efforts to resume services.

CINEASTE.io shall not be liable for any damages or losses resulting from such force majeure events, and no refunds or compensations will be provided due to such circumstances.

18 Dispute Resolution and Governing Law

These terms shall be governed by and construed in accordance with the laws of Singapore, without giving effect to any principles of conflicts of law. Any dispute arising out of or in connection with these terms shall be resolved exclusively by binding arbitration in accordance with the rules of the Singapore Arbitration Act.

19 Disclaimer of Warranties

THE COMPANY MAKES NO WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, WITH RESPECT TO ANY PRODUCTS&SERVIES MADE AVAILABLE ON THIS SITE. THE COMPANY DISCLAIMS ANY AND ALL REPRESENTATIONS AND WARRANTIES, WHETHER EXPRESS OR IMPLIED, INCLUDING WITHOUT LIMITATION IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT. THE COMPANY CANNOT GUARANTEE AND DOES NOT PROMISE ANY SPECIFIC RESULTS FROM THE USE OF PRODUCTS OR SERVICES. THE COMPANY DOES NOT REPRESENT OR WARRANT THAT PRODUCTS, SERVICES, OR ANY PART THEREOF, ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, OR ERROR-FREE OR THAT PRODUCTS OR SERVICES THAT ARE FROM THE SITE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THEREFORE, YOU SHOULD EXERCISE CAUTION IN THE USE ANY SUCH CONTENT OR MATERIALS AND USE INDUSTRY-RECOGNIZED SOFTWARE TO DETECT AND DISINFECT VIRUSES.

PRIVACY POLICY

The CINEASTE.io Privacy Policy is designed to help you understand how we collect and use the personal information you decide to share, and help you make informed decisions when using CINEASTE.io

By using or accessing CINEASTE.io, you are accepting the practices described in this Privacy Policy. If you have questions or concerns regarding this statement, you should contact our team at [email protected]

1.0 Information Collection and Use

When you visit CINEASTE.io you provide us with two types of information: personal information you knowingly choose to disclose that is collected by us and Website use information collected by us as you interact with our Website.

1.1 Personal Data

While using our Service, we may ask you to provide us with certain personally identifiable information that can be used to contact or identify you ("Personal Data"). Personally identifiable information may include, but is not limited to:

• Email address
• First name and last name
• Wallet address

We may use your Personal Data to contact you with newsletters, marketing, or promotional materials, and other information that may be of interest to you. You may opt out of receiving any, or all, of these communications from us by following the unsubscribe link or instructions provided in any email we send.

1.2 Usage Data

We may also collect information on how the Service is accessed and used ("Usage Data"). This Usage Data may include information such as your computer's Internet Protocol address (e.g., IP address), browser type, browser version, the pages of our Service that you visit, the time and date of your visit, the time spent on those pages, unique device identifiers, and other diagnostic data.

1.3 Tracking & Cookies Data

We use cookies and similar tracking technologies to track the activity on our Service and hold certain information.

Cookies are files with a small amount of data, which may include an anonymous unique identifier. Cookies are sent to your browser from a website and stored on your device. Tracking technologies also used are beacons, tags, and scripts to collect and track information and to improve and analyze our Service.

You can instruct your browser to refuse all cookies or to indicate when a cookie is being sent. However, if you do not accept cookies, you may not be able to use some portions of our Service.

2. Use of Data

We use the collected data for various purposes:

• To provide and maintain our Service
• To notify you about changes to our Service
• To allow you to participate in interactive features of our Service when you choose to do so
• To provide customer support
• To gather analysis or valuable information so that we can improve our Service
• To monitor the usage of our Service
• To detect, prevent, and address technical issues

3. Disclosure of Data

We may disclose your Personal Data in the good faith belief that such action is necessary to:

• Comply with a legal obligation
• Protect and defend the rights or property of Cineaste.io
• Prevent or investigate possible wrongdoing in connection with the Service
• Protect the personal safety of users of the Service or the public
• Protect against legal liability

4. Security of Data

The security of your data is important to us, but please note that no method of transmission over the Internet or method of electronic storage is 100% secure. While we strive to use commercially acceptable means to protect your Personal Data, we cannot guarantee its absolute security.

5. Your Rights

We aim to take reasonable steps to allow you to correct, amend, delete, or limit the use of your Personal Data. If you wish to be informed about what Personal Data we hold about you and if you want it to be removed from our systems, please contact us using the contact details provided below.

Under certain circumstances, you have the right:

• To access and receive a copy of the Personal Data we hold about you
• To rectify any Personal Data held about you that is inaccurate
• To request the deletion of Personal Data held about you
• To request the restriction of processing of your Personal Data
• To object to the processing of your Personal Data
• To data portability

If you make a request, we have one month to respond to you. If you would like to exercise any of these rights, please contact us using the contact details provided below.

6. Service Providers

We may employ third-party companies and individuals to facilitate our Service ("Service Providers"), provide the Service on our behalf, perform Service-related services, or assist us in analyzing how our Service is used.

These third parties have access to your Personal Data only to perform these tasks on our behalf and are obligated not to disclose or use it for any other purpose.

7. Links to Other Sites

Our Service may contain links to other sites that are not operated by us. If you click on a third-party link, you will be directed to that third party's site. We strongly advise you to review the Privacy Policy of every site you visit.

We have no control over and assume no responsibility for the content, privacy policies, or practices of any third-party sites or services.

8. Children's Privacy

Our Service does not address anyone under the age of 18 ("Children").

We do not knowingly collect personally identifiable information from anyone under the age of 18. If you are a parent or guardian and you are aware that your Child has provided us with Personal Data, please contact us. If we become aware that we have collected Personal Data from children without verification of parental consent, we take steps to remove that information from our servers.

9. Changes to This Privacy Policy

We may update our Privacy Policy from time to time. We will notify you of any changes by posting the new Privacy Policy on this page.

We will let you know via email and/or a prominent notice on our Service, prior to the change becoming effective and update the "effective date" at the top of this Privacy Policy.

You are advised to review this Privacy Policy periodically for any changes. Changes to this Privacy Policy are effective when they are posted on this page.

10. Contact Us

If you have any questions about this Privacy Policy, please contact us:

Email: [email protected]

11. Governing Law

This Privacy Policy and any disputes arising out of or related to this Privacy Policy shall be governed by and construed in accordance with the laws of Singapore.

12. Consent

By using our Service, you hereby consent to our Privacy Policy and agree to its terms.

13. Severability

If any provision of this Privacy Policy is held to be invalid or unenforceable by a court or other lawful authority, the remaining provisions shall remain in full force and effect.

14. Entire Agreement

This Privacy Policy constitutes the entire agreement between you and Cineaste.io regarding the use of our Service and supersedes all prior agreements and understandings, whether written or oral, relating to the subject matter of this Privacy Policy. We reserve the right to change our Privacy Policy at any time. Non-material changes and clarifications will take effect immediately, and material changes will take effect within 30 days of their posting on this site. If we make changes, we will post them and will indicate at the top of this page the policy’s new effective date. If we make material changes to this policy, we will notify you here, by email, or through a notice on our home page. We encourage you to refer to this policy on an ongoing basis so that you understand our current privacy policy. Unless stated otherwise, our current privacy policy applies to all information that we have about you and your account.