Terms Of Use

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Terms of Use

Welcome to the GSR Platform! Thank you for choosing us and for following our rules!

1. Accepting These Terms

This document and the other documents that we reference below make up our house rules, or what we officially call our Terms of Use (the “Terms” for short).

The Terms are a legally binding contract between you and GSR Platform.

Please note that Section 11. Disputes with GSR, contains an arbitration clause and class action waiver. By agreeing to the Terms, you agree to resolve all disputes through binding individual arbitration, which means that you waive any right to have those disputes decided by a judge or jury, and that you waive your right to participate in class actions, class arbitrations, or representative actions. *

This contract sets out your rights and responsibilities when you use geysercoin.com, Pattern by GSR Platform, our mobile apps, and the other services provided by GSR (we’ll refer to all of these collectively as our “Services”), so please read it carefully. By using any of our Services (even just browsing one of our websites), you’re agreeing to the Terms. If you don’t agree with the Terms, you may not use our Services. Agree with us? Great, read on!

2. Those Other Documents We Mentioned

GSR Platform Services connects people around the world to create games, advertise, and buy (or sell) electronic financial assets. Here’s a handy guide to help you understand the specific rules that are relevant for you, depending on how you use the Services:

Our House Rules for Everyone. If you use any of our Services, you agree to these Terms, our Privacy Policy, and our Anti-Discrimination Policy.

Our House Rules for Developers. If you use our services to develop, advertise and trade an electronic financial asset you have developed, these rules apply to you. You can read them here.

Our House Rules for Users. If you use our Services to browse or shop, these policies apply to you. You can read them here.

All of these policies are a part of our Terms, so be sure to read the ones that are relevant for you. Of course, you’ll still want to read the rest of this document because it applies to everyone!

3. Your Privacy

We know your personal information is important to you, so it’s important to us. Our Privacy Policy details how your information is used when you use our Services. By using our Services, you're also agreeing that we can process your information in the ways set out in the Privacy Policy, so please read it here.

Both GSR Platform and electronic financical trading (or lottery playing) process members’ personal information (for example, trader name, email address, phone number or social network account's data) and are therefore considered separate and independent data controllers of buyers’ personal information under EU law. That means that each party is responsible for the personal information it processes in providing the Services.

For example, if a member accidentally discloses a buyer’s name and email address another members, the member, not GSR Platform, will be responsible for that unauthorized disclosure.

If, however, GSR Platform and traders (members of the proccess) are found to be joint data controllers of personal information, and if GSR Platform is sued, fined, or otherwise incurs expenses because of something that you did as a joint data controller of member personal information, you agree to indemnify GSR Platform for the expenses it occurs in connection with your processing of buyer personal information. See Section 9. Indemnification (or What Happens If You Get Us Sued) below for more information about your indemnification obligations to GSR Platform.

4. Your Account with GSR

You’ll need to create an account with GSR Platform to use some of our Services. Here are a few rules about accounts with GSR:

A. You must be 18 years or older to use our Services. Minors under 18 and at least 13 years of age are only permitted to use our Services through an account owned by a parent or legal guardian with their appropriate permission and under their direct supervision. Children under 13 years are not permitted to use GSR or the Services. You are responsible for any and all account activity conducted by a minor on your account, and there may be commercial products or services available that you may want to consider to limit a minor's access to material online. For more information, see GSR Platform Minors Policy.

B. Be honest with us. Provide accurate information about yourself. It’s prohibited to use false information or impersonate another person or company through your account.

C. Choose an appropriate name. If you decide to not have your full name serve as the name associated with your account, you may not use language that is offensive, vulgar, infringes someone’s intellectual property rights, or otherwise violates the Terms.

D. You're responsible for your account. You’re solely responsible for any activity on your account. If you’re sharing an account with other people, then the person whose financial information is on the account will ultimately be responsible for all activity. If you’re registering as a business entity, you personally guarantee that you have the authority to agree to the Terms on behalf of the business. Also, your accounts are not transferable.

E. Protect your password. As we mentioned above, you’re solely responsible for any activity on your account, so it’s important to keep your account password secure.

F. Let's be clear about our relationship. These Terms don't create any agency, partnership, joint venture, employment, or franchisee relationship between you and GSR Platform.

5. Your Content

Content that you post using our Services is your content (so let’s refer to it as “Your Content”). We don’t make any claim to it, which includes anything you post using our Services (like shop names, profile pictures, listing photos, listing descriptions, reviews, comments, videos, usernames, etc.).

A. Responsibility for Your Content. You understand that you are solely responsible for Your Content. You represent that you have all necessary rights to Your Content and that you’re not infringing or violating any third party’s rights by posting it.

B. Permission to Use Your Content. By posting Your Content through our Services, you grant GSR Platform a license to use it. We don’t claim any ownership to Your Content, but we have your permission to use it to help GSR Platform function and grow. That way, we won’t infringe any rights you have in Your Content and we can help promote it. . For example, you acknowledge and agree GSR Platform may offer you or GSR Platform members promotions on the Site, from time to time, that may relate to your listings

C. Rights You Grant GSR Platform. (Here’s the legalese version of the last section). By posting Your Content, you grant GSR Platform a non-exclusive, worldwide, royalty-free, irrevocable, sub-licensable, perpetual license to use, display, edit, modify, reproduce, distribute, store, and prepare derivative works of Your Content. This allows us to provide the Services and to promote GSR Platform, your product, or the Services in general, in any formats and through any channels, including across any GSR Platform Services, our partners, or third-party website or advertising medium. You agree not to assert any moral rights or rights of publicity against us for using Your Content. You also recognize our legitimate interest in using it, in accordance with the scope of this license, to the extent Your Content contains any personal information.

That sounds like a lot, but it’s necessary for us to keep GSR Platform going. Consider these examples: if you upload a photo or video of a listing on your GSR Platform account (or any another service), we have permission to display it to our members, and we can resize or enhance it so it looks good to a buyer using our mobile app; and if you have decided to add your product (electronic financial asset) to our platform, we may post it on our home page, in one of our blogs or even on a billboard to help promote your project and GSR Platform.

D. Reporting Unauthorized Content. GSR Platform has great respect for intellectual property rights, and is committed to following appropriate legal procedures to remove infringing content from the Services. If content that you own or have rights to has been posted to the Services without your permission and you want it removed, please follow the steps listed in our Intellectual Property Policy. If Your Content is alleged to infringe another person’s intellectual property, we will take appropriate action, such as disabling it if we receive proper notice or terminating your account if you are found to be a repeat infringer. We’ll notify you if any of that happens.

E. Inappropriate, False, or Misleading Content. This should be common sense, but there are certain types of content we don’t want posted on GSR Platform Services (for legal reasons or otherwise). You agree that you will not post any content that is abusive, threatening, defamatory, obscene, vulgar, or otherwise offensive or in violation of our Prohibited Items Policy, Community Policy, or any part of our Terms. You also agree not to post any content that is false and misleading or uses the Services in a manner that is fraudulent or deceptive.

6. Your Use of Our Services

License to Use Our Services. We grant you a limited, non-exclusive, non-transferable, and revocable license to use our Services—subject to the Terms and the following restrictions in particular:

A. Don’t Use Our Services to Break the Law. You agree that you will not violate any laws in connection with your use of the Services. This includes any local, state, federal, and international laws that may apply to you. For example, it’s your responsibility to obtain any permits or licenses that your shop requires, and to meet applicable legal requirements in applicable jurisdiction(s). You may not offer anything that violates any laws; you may not engage in fraud (including false claims or infringement notices), theft, anti-competitive conduct, threatening conduct, or any other unlawful acts or crimes against GSR Platform, another GSR Platform user, or a third party.

B. Pay Your Bills. You are responsible for paying all fees that you owe to GSR Platform. The participant calculates and pays all value added taxes or VAT independently. Some countries may refer to VAT using other terms, e.g. Goods and Services Tax (GST), but we’ll just refer to VAT, GST, and any local sales taxes collectively as “VAT.”

C. Don’t Steal Our Stuff. You agree not to crawl, scrape, or spider any page of the Services or to reverse engineer or attempt to obtain the source code of the Services. If you want to use our API, please follow our API Terms of Use.

D. Don’t Try to Harm Our Systems. You agree not to interfere with or try to disrupt our Services, for example by distributing a virus or other harmful computer code.

E. Follow Our Trademark Policy. The name "GSR Platform" and the other GSR Platform marks, phrases, logos, and designs that we use in connection with our Services (the GSR Platform Trademarks), are trademarks, service marks, or trade dress of GSR Platform in the US and other countries. If you’d like to use our trademarks, please follow our Trademark Policy.

F. Share Your Ideas. We love your suggestions and ideas! They can help us improve your experience and our Services. Any unsolicited ideas or other materials you submit to GSR Platform are considered non-confidential and non-proprietary to you. You grant us a non-exclusive, worldwide, royalty-free, irrevocable, sub-licensable, perpetual license to use and publish those ideas and materials for any purpose, without compensation to you.

G. Talk to Us Online. From time to time, GSR Platform will provide you with certain legal information in writing. By using our Services, you’re agreeing to our Electronic Communications Policy, which describes how we provide that information to you. It says that we can send you information electronically (such as by email) instead of mailing you paper copies (it’s better for the environment), and that your electronic agreement is the same as your signature on paper.

7. Termination

We don't want you to leave, so each account will be kept as long as it does not violate the GSR Platform terms of use. Termination of your account will not affect the availability of some of your Content that you posted using the Services prior to termination. Oh, and you will still have to pay unpaid bills if you have any when you close your account.

Termination By GSR Platform. We may terminate or suspend your account (and any accounts GSR Platform determines are related to your account) and your access to the Services should we have reason to believe you, your Content, or your use of the Services violate our Terms. If we do so, it’s important to understand that you don’t have a contractual or legal right to continue to use our Services, for example, to sell or buy on our websites or mobile apps. Generally, GSR Platform will notify you that your account has been terminated or suspended, unless you’ve repeatedly violated our Terms or we have legal or regulatory reasons preventing us from notifying you.

If you or GSR Platform terminate your account, you may lose any information associated with your account, including Your Content.

We May Discontinue the Services. GSR Platform reserves the right to change, suspend, or discontinue any of the Services at any time, for any reason, including those laid out in GSR Platform policies under these Terms of Use. We will not be liable to you for the effect that any changes to the Services may have on you, including your income or your ability to generate revenue through the Services.

Survival. The Terms will remain in effect even after your access to the Service is terminated, or your use of the Service ends.

8. Warranties and Limitation of Liability (or the Things You Can’t Sue Us For)

Items You Purchase. We provide the venue; the items in our marketplaces are produced, listed, and sold directly by independent sellers, so GSR Platform cannot and does not make any warranties about their quality, safety, or even their legality. Any legal claim related to an item you purchase must be brought directly against the seller of the item. You release GSR Platform from any claims related to items sold through our Services, including for defective items, misrepresentations by sellers, or items that caused physical injury (like product liability claims).

Content You Access. You may come across materials that you find offensive or inappropriate while using our Services. We make no representations concerning any content posted by users through the Services. GSR Platform is not responsible for the accuracy, copyright compliance, legality, or decency of content posted by users that you accessed through the Services. You release us from all liability relating to that content.

People You Interact With. You can use the Services to interact with other individuals, either online or in person. However, you understand that we do not screen users of our Services, and you release us from all liability relating to your interactions with other users. Please be careful and exercise caution and good judgment in all interactions with others, especially if you are meeting someone in person. This Help article has some good advice about handling in person meetings.

Third-Party Services. Our Services may contain links to third-party websites or services that we don’t own or control (for example, links to Facebook, Twitter, and Pinterest). You may also need to use a third party’s product or service in order to use some of our Services (like a compatible mobile device to use our mobile apps). When you access these third-party services, you do so at your own risk. The third parties may require you to accept their own terms of use. GSR Platform is not a party to those agreements; they are solely between you and the third party.

WARRANTIES. GSR PLATFORM IS DEDICATED TO MAKING OUR SERVICES THE BEST THEY CAN BE, BUT WE’RE NOT PERFECT AND SOMETIMES THINGS CAN GO WRONG. YOU UNDERSTAND THAT OUR SERVICES ARE PROVIDED "AS IS" AND WITHOUT WARRANTIES OF ANY KIND (EXPRESS OR IMPLIED) REGARDING THIRD-PARTY PRODUCTS PRESENTED ON OUR PLATFORM. WE ARE EXPRESSLY DISCLAIMING ANY WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, AND FITNESS FOR A PARTICULAR PURPOSE, AS WELL AS ANY WARRANTIES IMPLIED BY A COURSE OF PERFORMANCE, COURSE OF DEALING, OR USAGE OF TRADE.

WE DO NOT GUARANTEE THAT: (I) THE SERVICES WILL BE SECURE OR AVAILABLE AT ANY PARTICULAR TIME OR LOCATION; (II) ANY DEFECTS OR BUGS WILL BE FIXED IMMEDIATELY; (III) THE RESULTS OF USING THE SERVICES WILL MEET YOUR EXPECTATIONS. YOU USE THE SERVICES SOLELY AT YOUR OWN RISK. SOME JURISDICTIONS DO NOT ALLOW LIMITATIONS ON IMPLIED WARRANTIES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

LIABILITY LIMITS. TO THE FULLEST EXTENT PERMITTED BY LAW, NEITHER GSR PLATFORM, NOR OUR EMPLOYEES OR DIRECTORS SHALL BE LIABLE TO YOU FOR ANY LOST PROFITS OR REVENUES, OR FOR ANY CONSEQUENTIAL, INCIDENTAL, INDIRECT, SPECIAL, OR PUNITIVE DAMAGES ARISING OUT OF OR IN CONNECTION WITH THE SERVICES OR THESE TERMS. IN NO EVENT SHALL GSR PLATFORM AGGREGATE LIABILITY FOR ANY DAMAGES EXCEED THE GREATER OF ONE HUNDRED ($100) US DOLLARS (USD) OR THE AMOUNT YOU PAID GSR PLATFORM IN THE PAST TWELVE MONTHS. SOME JURISDICTIONS DO NOT ALLOW LIMITATIONS ON INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU.

9. Indemnification (or What Happens If You Get Us Sued)

We hope this never happens, but if GSR Platform gets sued because of something that you did, you agree to defend and indemnify us. That means you’ll defend GSR Platform (including any of our employees) and hold us harmless from any legal claim or demand (including reasonable attorney’s fees) that arises from your actions, your use (or misuse) of our Services, your breach of the Terms, or you or your account’s infringement of someone else’s rights.

We reserve the right to handle our legal defense however we see fit, even if you are indemnifying us, in which case you agree to cooperate with us so we can execute our strategy.

10. Disputes with Other Users

If you find yourself in a dispute with another user of GSR Platform Services or a third party, we encourage you to contact the other party and try to resolve the dispute amicably.

Support System. Buyers and sellers who are unable to resolve a dispute related to a transaction on our websites or mobile apps may participate in our support system. GSR Platform will attempt to help you resolve disputes in good faith and based solely on our interpretation of our policies, in our sole discretion; we will not make judgments regarding legal issues or claims. GSR Platform has no obligation to resolve any disputes.

Release of GSR Platform. You release GSR Platform from any claims, demands, and damages arising out of disputes with other users or parties.

11. Disputes with GSR Platform

If you’re upset with us, let us know, and hopefully we can resolve your issue. Due to the fact that the GSR Platform provides access to the use of its services to third-party developers and cannot be fully responsible for the final software product created by third-party developers, all disputes are resolved by contacting technical support and refer to the section Disputes with Other Users

Modifications. If we make any changes to this “Disputes with GSR Platform” section after the date you last accepted the Terms, those changes will not apply to any claims filed in a legal proceeding against GSR Platform prior to the date the changes became effective. GSR Platform will notify you of substantive changes to the “Disputes with GSR Platform” section at least 30 days prior to the date the change will become effective. If you do not agree to the modified terms, you may send GSR Platform a written notification (including email) or close your account within those 30 days. By rejecting a modified term or permanently closing your account, you agree to arbitrate any disputes between you and GSR Platform in accordance with the provisions of this “Disputes with GSR Platform” section as of the date you last accepted the Terms, including any changes made prior to your rejection. If you reopen your closed account or create a new account, you agree to be bound by the current version of the Terms.

12. Changes to the Terms

We may update these Terms from time to time. If we believe that the changes are material, we’ll definitely let you know by posting the changes through the Services and/or sending you an email or message about the changes. That way you can decide whether you want to continue using the Services. Changes will be effective upon the posting of the changes unless otherwise specified. You are responsible for reviewing and becoming familiar with any changes. Your use of the Services following the changes constitutes your acceptance of the updated Terms.

The Terms, including all of the policies that make up the Terms, supersede any other agreement between you and GSR Platform regarding the Services. If any part of the Terms is found to be unenforceable, that part will be limited to the minimum extent necessary so that the Terms will otherwise remain in full force and effect. Our failure to enforce any part of the Terms is not a waiver of our right to later enforce that or any other part of the Terms. We may assign any of our rights and obligations under the Terms.

If you have any questions about the Terms, please email us at support@geysercoin.com.

*In some countries you may have additional rights and/or the preceding may not apply to you.

Last updated on 14 Jan 2021 y

Developer Coin
  • Adding your currency to our platform
  • Adding trade pairs (BTC/ETH/USDT) for your coin/token
  • Creation and management of lotteries with currencies listed on our platform
  • You can create up to 5 lotteries with different parameters
  • The ability to increase the value of your currency on trading floors
  • Attracting new users to your community
  • Listing Cost: 0.01 BTC
Free manager
  • Creation and management of lotteries with your chosen currency
  • You can create up to 5 lotteries with different parameters
  • The ability to increase the value of your currency on trading floors
  • Attracting new users to your community
  • Listing Cost: 166667 GSR (0.005 Bitcoin Equivalent - updated every 10 minutes)

Start
  • Starting rate to get acquainted with the capabilities of the platform
  • Creation and management of lotteries with your chosen currency
  • You can create up to 1 lotteries with different parameters *
  • The ability to increase the value of your currency on trading floors
  • Attracting new users to your community
  • Listing Cost: 50000 GSR (0.0015 Bitcoin Equivalent - updated every 10 minutes)

* Increases the maximum number of created lotteries

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