Last revised: 02 April 2023
Please read these terms carefully as they govern your use of AI Sport Services. As with any asset, the values of Digital Currencies (as defined below) may fluctuate significantly and there is a substantial risk of economic losses when purchasing, selling, holding or investing in Digital Currencies and their derivatives. BY MAKING USE OF AI SPORT SERVICES, YOU ACKNOWLEDGE AND AGREE THAT: (1) YOU ARE AWARE OF THE RISKS ASSOCIATED WITH TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; (2) YOU SHALL ASSUME ALL RISKS RELATED TO THE USE OF AI SPORT SERVICES AND TRANSACTIONS OF DIGITAL CURRENCIES AND THEIR DERIVATIVES; AND (3) AI SPORT SHALL NOT BE LIABLE FOR ANY SUCH RISKS OR ADVERSE OUTCOMES.
By accessing, using or attempting to use AI Sport Services in any capacity, you acknowledge that you accept and agree to be bound by these Terms. If you do not agree, do not access AI Sport or utilise AI Sport Services.
“You” and “your” means you, the person(s) accessing AI Sport Services and/or the party on whose behalf you are doing so.
“AI Sport Operators” refer to all parties that run AI Sport, including but not limited to legal persons, unincorporated organisations and teams that provide AI Sport Services and are responsible for such services. For convenience, unless otherwise stated, references to “AI Sport” and “we” in these Terms specifically mean AI Sport Operators. UNDER THESE TERMS, AI SPORT OPERATORS MAY CHANGE AS AI SPORT’S BUSINESS ADJUSTS, IN WHICH CASE, THE CHANGED OPERATORS SHALL PERFORM THEIR OBLIGATIONS UNDER THESE TERMS WITH YOU AND PROVIDE SERVICES TO YOU, AND SUCH CHANGE DOES NOT AFFECT YOUR RIGHTS AND INTERESTS UNDER THESE TERMS. ADDITIONALLY, THE SCOPE OF AI SPORT OPERATORS
MAY BE EXPANDED DUE TO THE PROVISION OF NEW AI SPORT SERVICES, IN WHICH CASE, IF YOU CONTINUE TO USE AI SPORT SERVICES, IT IS DEEMED THAT YOU HAVE AGREED TO JOINTLY EXECUTE THESE TERMS WITH THE NEWLY ADDED AI SPORT OPERATORS. IN CASE OF A DISPUTE, YOU SHALL DETERMINE THE ENTITIES BY WHICH THESE TERMS ARE PERFORMED WITH YOU AND THE COUNTERPARTIES OF THE DISPUTE, DEPENDING ON THE SPECIFIC SERVICES YOU USE AND THE PARTICULAR ACTIONS THAT AFFECT YOUR RIGHTS OR INTERESTS.
“AI Sport Accounts” refer to the foundational virtual accounts, including main accounts and sub accounts, which are opened by AI Sport for Users to record on AI Sport their usage of AI Sport Services, transactions, asset changes and basic information. AI Sport Accounts serve as the basis for Users to enjoy and exercise their rights on AI Sport.
“AI Sport Services” refer to various services provided to you by AI Sport that are based on Internet and/or blockchain technologies and offered via AI Sport websites (whose domain names include but are not limited to www.aisport.com), mobile app, clients and other forms (including new ones enabled by future technological development).
“AI Sport Platform Rules” refer to all rules, interpretations, announcements, statements, letters of consent and other contents that have been and will be subsequently released by AI Sport, as well as all regulations, implementation rules, product process descriptions, and announcements published within products or service processes.
“Digital Currencies” refer to encrypted or digital tokens or cryptocurrencies or stable coins with a certain value that is based on blockchain and cryptography technologies and are issued and managed in a decentralised form.
“Digital Assets” refer to Digital Currencies, their derivatives or other types of digitalised assets with a certain value.
“Users” refer to all individuals, institutions or organisations that access, download or use AI Sport Services and who meet the criteria and conditions stipulated by AI Sport. If there exist other agreements for such entities as developers, distributors, and Digital Currencies exchanges, such agreements shall be followed.
These Terms constitute a legal agreement and create a binding contract between you and AI Sport Operators.
Certain AI Sport Services are provided to you free-of-charge, while other AI Sport Services, including, without limitation, the AI Sport App Membership (the “Membership“) require payment before you can access them. If you choose to subscribe to the Membership, please review the provisions of the ‘Membership’ Section below, in addition to all of the other provisions of these Terms. If you are not a subscriber of the Membership, then the Membership Section does not apply to you. References to AI Sport Services throughout these Terms include the Membership.
The AI Sport Services currently provides users with various features and services, including statistical review, contests, handicapper picks, articles, photo galleries, video, and rankings and other interactive and non-interactive features, all of which may be updated, deleted, or otherwise modified from time to time at the discretion of AI Sport.
The information about AI Sport Services may change without notice, and the main purpose of providing such information is to help Users make independent decisions. Nothing on AI Sport websites constitutes legal, tax, or investment advice. You must not, therefore, rely on the content of AI Sport Services when making any investment decisions. You alone will bear the sole responsibility of evaluating the merits and risks associated with the use of any materials provided via AI Sport Services before making any decisions based on such materials. All Users of AI Sport Services must understand the risks involved in Digital Assets, and are recommended to exercise prudence and transact responsibly within their own capabilities.
IN EXCHANGE FOR USING SUCH MATERIALS, YOU AGREE NOT TO HOLD AI SPORT OPERATORS LIABLE FOR ANY POSSIBLE CLAIM FOR DAMAGES ARISING FROM ANY DECISION YOU MAKE BASED ON THE MATERIALS MADE AVAILABLE TO YOU THROUGH AI SPORT SERVICES.
By registering to use a AI Sport Account, you represent and warrant that (i) as an individual, you are at least 18 or are of legal age to form a binding contract under applicable laws; (ii) as an individual, legal person, or other organisation, you have full legal capacity and sufficient authorisations to enter into these Terms; (iii) you have not been previously suspended or removed from using AI Sport Services; (iv) you do not currently have an AI Sport Account; (v) you are a non-U.S User. If you act as an employee or agent of a legal entity, and enter into these Terms on their behalf, you represent and warrant that you have all the necessary rights and authorisations to bind such legal entity; (vi) your use of AI Sport Services will not violate any and all laws and regulations applicable to you, including but not limited to regulations on anti-money laundering, anti-corruption, and counter-terrorist financing.
4.2. AI Sport Account Registration
4.3. User Identity Verification
4.5. Account Security
AI Sport is committed to maintaining the security of User entrusted funds, and has implemented industry standard protection for AI Sport Services. However, the actions of individual Users may pose risks. You shall agree to treat your access credentials (such as username and password) as confidential information, and not to disclose such information to any third party. You also agree to be solely responsible for taking the necessary security measures to protect your AI Sport Account and personal information.You should be solely responsible for keeping safe of your AI Sport Account and password, and be responsible for all the transactions under your AI Sport Account. AI Sport assumes no liability for any loss or consequences caused by authorised or unauthorised use of your account credentials, including but not limited to information disclosure, information release, consent or submission of various rules and agreements by clicking on the website, online agreement renewal, etc.By creating an AI Sport Account, you hereby agree that:
4.6. Timeliness of content
All content on AI Sport Services is presented only as of the date published or indicated, and may be superseded by subsequent market events or for other reasons. In addition, you are responsible for setting the cache settings on your browser to ensure you are receiving the most recent data.
4.7. Modification and Discontinuation
We reserve the right at any time and from time to time to modify, edit, delete, suspend or discontinue, temporarily or permanently AI Sport Services (or any portion thereof) with or without notice. You agree that we shall not be liable to you or to any third-party for any such modification, editing, deletion, suspension or discontinuance of AI Sport Services.
5.1. Your Membership
5.2. Fees, Payments and Renewal
AI Sport is in no way responsible for the content of any site owned by a third-party that may be linked to AI Sport Services via hyperlink, whether such hyperlink is provided by AI Sport or by a third-party. Where AI Sport Services contains links to other sites and resources provided by third-parties, these links are provided for your information only. AI Sport has no control over, and does not prepare, edit, or endorse, the contents of those sites or resources and AI Sport does not makes any representation as to the accuracy, timeliness, suitability for use, or completeness of any of such sites or resources and has not and will not review or update them. You will use any such third-party content at your own risk.
8.1. Disclaimer of Warranties
TO THE MAXIMUM EXTENT PERMITTED UNDER APPLICABLE LAW, AI SPORT SERVICES, AI SPORT MATERIALS AND ANY PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ONBEHALF OF AI SPORT ARE OFFERED ON AN “AS IS” AND “AS AVAILABLE” BASIS, AND AI SPORT EXPRESSLY DISCLAIMS, AND YOU WAIVE, ANY AND ALL OTHER WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE OR NON-INFRINGEMENT OR WARRANTIES ARISING FROM COURSE OF PERFORMANCE OR COURSE OF DEALING. WITHOUT LIMITING THE FOREGOING, AI SPORT DOES NOT REPRESENT OR WARRANT THAT THE SITE, AI SPORT SERVICES OR AI SPORT MATERIALS ARE ACCURATE, COMPLETE, RELIABLE, CURRENT, ERROR-FREE OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. AI SPORT DOES NOT GUARANTEE THAT ANY ORDER WILL BE EXECUTED, ACCEPTED OR RECORDED. EXCEPT FOR THE EXPRESS STATEMENTS, AGREEMENTS AND RULES SET FORTH IN THESE TERMS, YOU HEREBY ACKNOWLEDGE AND AGREE THAT YOU HAVE NOT RELIED UPON ANY OTHER STATEMENT OR AGREEMENT, WHETHER WRITTEN OR ORAL, WITH RESPECT TO YOUR USE AND ACCESS OF AI SPORT SERVICES. WITHOUT LIMITING THE FOREGOING, YOU HEREBY UNDERSTAND AND AGREE THAT AI SPORT WILL NOT BE LIABLE FOR ANY LOSSES OR DAMAGES ARISING OUT OF OR RELATING TO: (A) ANY INACCURACY, DEFECT OR OMISSION OF DIGITAL ASSETS PRICE DATA, (B) ANY ERROR OR DELAY IN THE TRANSMISSION OF SUCH DATA, (C) INTERRUPTION IN ANY SUCH DATA, (D) REGULAR OR UNSCHEDULED MAINTENANCE CARRIED OUT BY AI SPORT AND SERVICE INTERRUPTION AND CHANGE RESULTING FROM SUCH MAINTENANCE, (E) ANY DAMAGES INCURRED BY OTHER USERS’ ACTIONS, OMISSIONS OR VIOLATION OF THESE TERMS, (F) ANY DAMAGE CAUSED BY ILLEGAL ACTIONS OF OTHER THIRD PARTIES OR ACTIONS WITHOUT AUTHORISATION BY AI SPORT; AND (G) OTHER EXEMPTIONS MENTIONED IN DISCLAIMERS AND PLATFORM RULES ISSUED BY AI SPORT. THE DISCLAIMER OF IMPLIED WARRANTIES CONTAINED HEREIN MAY NOT APPLY IF AND TO THE EXTENT IT IS PROHIBITED BY APPLICABLE LAW OF THE JURISDICTION IN WHICH YOU RESIDE.
8.2. Disclaimer of Damages and Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL AI SPORT, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS BE LIABLE FOR ANY INCIDENTAL, INDIRECT, SPECIAL, PUNITIVE, CONSEQUENTIAL OR SIMILAR DAMAGES OR LIABILITIES WHATSOEVER (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOSS OF DATA, INFORMATION, REVENUE, PROFITS OR OTHER BUSINESSES OR FINANCIAL BENEFITS) ARISING OUT OF AI SPORT SERVICES, ANY PERFORMANCE OR NON-PERFORMANCE OF AI SPORT SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM PROVIDED BY OR ON BEHALF OF AI SPORT AND ITS AFFILIATES, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY EVEN IF AI SPORT HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES EXCEPT TO THE EXTENT OF A FINAL JUDICIAL DETERMINATION THAT SUCH DAMAGES WERE A RESULT OF AI SPORT’S GROSS NEGLIGENCE, FRAUD, WILFUL MISCONDUCT OR INTENTIONAL VIOLATION OF LAW. SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION MAY NOT APPLY TO YOU. NOTWITHSTANDING THE FOREGOING, IN NO EVENT WILL THE LIABILITY OF AI SPORT, ITS AFFILIATES AND THEIR RESPECTIVE SHAREHOLDERS, MEMBERS, DIRECTORS, OFFICERS, EMPLOYEES, ATTORNEYS, AGENTS, REPRESENTATIVES, SUPPLIERS OR CONTRACTORS ARISING OUT OF SERVICES OFFERED BY OR ON BEHALF OF AI SPORT AND ITS AFFILIATES, ANY PERFORMANCE OR NON-PERFORMANCE OF AI SPORT SERVICES, OR ANY OTHER PRODUCT, SERVICE OR OTHER ITEM, WHETHER UNDER CONTRACT, STATUTE, STRICT LIABILITY OR OTHER THEORY, EXCEED THE AMOUNT OF THE FEES PAID BY YOU TO AI SPORT UNDER THESE TERMS IN THE TWELVE-MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM FOR LIABILITY.
You agree to indemnify and hold harmless AI Sport Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees and agents from and against any claims, actions, proceedings, investigations, demands, suits, costs, expenses and damages (including attorneys’ fees, fines or penalties imposed by any regulatory authority) arising out of or related to (i) your use of, or conduct in connection with, AI Sport Services, (ii) your breach or our enforcement of these Terms, or (iii) your violation of any applicable law, regulation, or rights of any third party during your use of AI Sport Services. If you are obligated to indemnify AI Sport Operators, their affiliates, contractors, licensors, and their respective directors, officers, employees or agents pursuant to these Terms, AI Sport will have the right, in its sole discretion, to control any action or proceeding and to determine whether AI Sport wishes to settle, and if so, on what terms.
Please be aware that all official announcements, news and promotions will be listed on AI Sport website. USERS UNDERTAKE TO REFER TO THESE MATERIALS REGULARLY AND PROMPTLY. AI Sport WILL NOT BE HELD LIABLE OR RESPONSIBLE IN ANY MANNER OF COMPENSATION SHOULD USERS INCUR PERSONAL LOSSES ARISING FROM IGNORANCE OR NEGLIGENCE OF THE ANNOUNCEMENTS.
AI Sport may obtain information about your general internet usage by using a cookie file which is stored on the hard drive of your computer, for the purposes of systems administration and statistical analysis. Cookies contain information that is transferred to your computer’s hard drive and help AI Sport to improve the website and to deliver a better and more personalised service to you, including by storing information about your preferences and to recognise you when you return to the website.
It is Users’ responsibility to abide by local laws in relation to the legal usage of AI Sport Services in their local jurisdiction as well as other laws and regulations applicable to Users. Users must also factor, to the extent of their local laws all aspects of taxation, the withholding, collection, reporting and remittance to their appropriate tax authorities. ALL USERS OF AI SPORT SERVICES ACKNOWLEDGE AND DECLARE THAT THEIR FUNDS COME FROM LEGITIMATE SOURCES AND DO NOT ORIGINATE FROM ILLEGAL ACTIVITIES; USERS AGREE THAT AI SPORT WILL REQUIRE THEM TO PROVIDE OR OTHERWISE COLLECT THE NECESSARY INFORMATION AND MATERIALS AS PER RELEVANT LAWS OR GOVERNMENT ORDERS TO VERIFY THE LEGALITY OF THE SOURCES AND USE OF THEIR FUNDS. AI Sport maintains a stance of cooperation with law enforcement authorities globally and will not hesitate to seize, freeze, or terminate Users’ accounts and funds which are flagged out or investigated by legal mandate.
AI Sport is an independent contractor but not an agent of you in the performance of these Terms. These Terms shall not be interpreted as facts or evidence of an association, joint venture, partnership, or franchise between the parties.
In case of any discrepancy between the English and other versions of these Terms, the English version shall prevail. AI Sport reserves the right to alter, revise, modify, and/or change these Terms at any time. All changes will take effect immediately upon being published on AI Sport websites. You are responsible for regularly checking relevant pages on our websites or applications to confirm the latest version of these Terms. If you do not agree to any such modifications, your only remedy is to terminate your usage of AI Sport Services and cancel your account. You agree that, unless otherwise expressly provided in these Terms, AI Sport will not be responsible for any modification or termination of AI Sport Services by you or any third party, or suspension or termination of your access to AI Sport Services.
AI Sport will not be liable for any delay or failure to perform as required by these Terms because of any cause or condition beyond AI Sport’s reasonable control.
You may not assign or transfer any right to use AI Sport Services or any of your rights or obligations under these Terms without prior written consent from AI Sport, including any right or obligation related to the enforcement of laws or the change of control. AI Sport may assign or transfer any or all of its rights or obligations under these Terms, in whole or in part, without notice or obtaining your consent or approval.
If any portion of these Terms is held invalid or unenforceable, such invalidity or enforceability will not affect the other provisions of these Terms, which will remain in full force and effect, and the invalid or unenforceable portion will be given effect to the greatest extent possible.
The failure of one party to require the performance of any provision will not affect that party’s right to require performance at any time thereafter. At the same time, the waiver of one party to seek recovery for the other party’s violation of these Terms or any provision of applicable terms shall not constitute a waiver by that party of any subsequent breach or violation by the other party or of the provision itself.
For more information on AI Sport, you may refer to the company and license information found on AI Sport websites. If you have questions regarding these Terms, please feel free to contact us for clarification at email@example.com.
© 2023 AI SPORTS FUND LIMITED.