Terms and Conditions
Effective Date: [01-12-2025]
Welcome to Vatom Inc. (“Vatom”, "vatom.com", “we”, “us”, or “our”). These Terms and Conditions (“Terms”) govern your access to and use of our website, services, and immersive Web3 experiences, including virtual spaces, GPS-enabled NFT tokens, reward systems, and digital wallets (collectively, the “Services”).
By accessing or using our Services, you agree to be bound by these Terms. If you are entering into this agreement on behalf of an organization or entity, you represent that you have the authority to bind that entity.
1. Eligibility
Our Services are intended for enterprise clients and authorized representatives. You must be 18 years or older and capable of entering into legally binding contracts to use our Services.
2. Services Overview
Vatom provides immersive advertising experiences using Web3 technologies. Our offerings include but are not limited to:
- Design and deployment of virtual spaces
- Issuance and management of GPS-floating NFT tokens
- Web3-based loyalty and rewards programs
- Integrated digital wallet functionality
- User-generated content platforms and engagement features
Services are rendered on a per-project basis, as agreed in a separate Statement of Work (“SOW”) or Master Services Agreement (“MSA”).
3. User-Generated Content
You or your end-users may submit content (“User Content”) as part of campaign experiences. You retain ownership of your User Content, but you grant Vatom a worldwide, royalty-free, non-exclusive license to use, display, and distribute this content solely for the purposes of delivering the Services.
You are responsible for ensuring that your User Content complies with all applicable laws and does not infringe the intellectual property rights or privacy of any third party.
4. NFTs and Digital Assets
NFTs created or distributed through Vatom’s platform may be subject to additional smart contract terms. Vatom does not provide financial advice or brokerage services and disclaims any responsibility for the market value or performance of such assets.
Users must comply with applicable regulations regarding the use, transfer, and storage of NFTs and digital wallets.
5. Payments and Fees
All Services are billed according to the terms outlined in the relevant SOW or MSA. Invoices are due upon receipt unless otherwise agreed in writing. Late payments may incur interest charges or suspension of services.
6. Data Privacy
We collect and process limited personal data in accordance with our Privacy Policy. Enterprise clients are responsible for ensuring compliance with applicable privacy laws (e.g., GDPR, CCPA) when using Vatom to engage end-users.
7. Intellectual Property
All intellectual property developed by Vatom in connection with the Services—including code, graphics, and proprietary tools—remains the sole property of Vatom, unless otherwise agreed in writing.
8. Acceptable Use
Clients and their end-users agree not to:
- Use the platform for illegal or harmful purposes
- Upload malicious code or compromise platform security
- Violate intellectual property rights
- Mislead, defraud, or impersonate others
Violations may result in suspension or termination of access.
9. Disclaimers
The Services are provided “as is” and “as available.” We do not guarantee uninterrupted access, error-free performance, or that NFTs or rewards will retain value.
10. Limitation of Liability
To the maximum extent permitted by law, Vatom shall not be liable for indirect, incidental, or consequential damages, or loss of profits, data, or business opportunities.
11. Termination
Either party may terminate these Terms or any SOW with written notice. You must cease using the Services upon termination, and any outstanding fees become immediately due.
12. Governing Law
These Terms are governed by the laws of the State of [Insert State], without regard to its conflict of law principles. Any disputes shall be resolved in the courts of [Insert Jurisdiction].
13. Changes to Terms
We may update these Terms from time to time. The latest version will always be available on our website. Continued use of the Services constitutes acceptance of any changes.
Contact
For questions about these Terms, please get in touch with us at:
Email: legal@vatom.com
Address: 1113 Electric Avenue Venice Los Angeles, CA 90291 United States