RaisePay Testnet Participation Agreement and License Terms

Raise Finance
7 min readApr 20

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These Raise Finance Testnet Participation Terms of Use (the “Terms”) apply to your access to and use of the websites, platform, technologies, features, and other online products and services (collectively, the “Raise Finance Services”) provided or made available by Raise Finance team (“Company” “Raise Finance” or “we”) in connection with the testnet (“Testnet”).

Agreement to Terms

By accessing or using our Raise Finance Services or by participating in our Testnet, you agree to these Terms or terms as set forth by the Raise Finance team. These Terms constitute a binding obligation between you and Raise Finance. If you do not agree to these Terms, do not use our Raise Finance Services. If you have any questions about these Terms, the Raise Finance Services, or the Testnet, please contact us at cooperation@raisefinance.io.

If you are accessing or participating in the Testnet on behalf of a company (such as your employer) or other legal entity, you represent and warrant that you have the authority to bind that company or other legal entity to these Terms. In that case, “you” and “your” will also refer to that company or other legal entity.

YOUR PARTICIPATION IN TESTNET IS ENTIRELY VOLUNTARY, BUT IF YOU ARE PARTICIPATING IN TESTNET, YOU MUST STRICTLY ADHERE TO THE TERMS.

NOTICE: Please read these Terms carefully as it governs your use of the Testnet.

Changes to Terms

The Company may update the Terms at any time, at its sole discretion. If it does so, the Company will deliver a notice either by posting the updated Terms on its website, on any applicable Raise Finance blog or forum used for sharing of information, or through other communications. It’s important that you review any and all updated Terms. If you continue to participate in Testnet after Raise Finance has posted updated Terms, you are agreeing to be bound by the updated Terms. If you don’t agree to be bound by the updated Terms, then you may not participate in Testnet anymore.

Duration of the Testnet

Testnet will commence on the date prescribed by the Company and continue until terminated by the Company in its sole discretion (“Testnet Period”). Notwithstanding any other information provided by the Company regarding the Testnet (including on its website, blog posts or through other communications (such as forums, Telegram, Discord, or other channels), the Company may change, discontinue, or terminate, temporarily or permanently, all or any part of Testnet, at any time and without notice, at its sole discretion.

Eligibility for Testnet

You may participate in Testnet only if: (a) you are 18 years or older; (b) you are not subject of sanctions administered or enforced by any country or government or otherwise designated on any list of prohibited or restricted parties (including but not limited to the lists maintained by the United Nations Security Council, the U.S. Government, the European Union or its Member States, or other applicable government authority) or a citizen or organized or resident in a country or territory that is the subject of country-wide or territory-wide sanctions (including, without limitation, Cuba, Democratic People’s Republic of Korea, the Crimea, Donetsk, and Luhansk regions, Iran, or Syria);, must not be a U.S. person or citizen.

Security; Wallet

You are responsible for maintaining adequate security and control of any and all passwords, hints, or any other codes that you use to access the Testnet as part of your systems. The Company assumes no responsibility for any losses resulting from any compromise of your systems. or wallet(s).Testnet; Testnet Tokens

No Monetary Value.

In your use of the Testnet, you may accumulate “testnet tokens,” such as through a faucet, which are not, and shall never convert to or accrue to become mainnet tokens or any other tokens or virtual assets. Testnet tokens are virtual items with no monetary value. Testnet tokens do not constitute any currency or property of any type and are not redeemable, refundable, or eligible for any fiat or virtual currency or anything else of value. Testnet tokens are not transferable between users outside of the Testnet, and you may not attempt to sell, trade, or transfer any Testnet tokens outside of the Testnet, or obtain any manner of credit using any Testnet tokens. Any attempt to sell, trade, or transfer any Testnet tokens outside of the Testnet will be null and void.

Modification.

Raise Finance may, in its sole discretion, decide to delete, wipe or otherwise remove the Testnet at any time without notice, including, without limitation, the modification of the presence, amounts, or any other conditions applicable to the Testnet tokens, without any liability to you or other Testnet users. Raise Finance does not guarantee that Testnet tokens will continue to be offered for a specific length of time and you may not rely upon the continued availability of any Testnet tokens. If the Testnet expires or terminates, you acknowledge and agree that your access to and use of your Testnet tokens will be removed, and all accrued Testnet tokens will be deleted from the Testnet system. Testnet tokens will not be converted into any future rewards offered by Raise Finance.

Intellectual Property Rights, Feedback

By participating in our Testnet, you do not gain any rights thereto. All rights, title, and interests in and to our Testnet, including all modifications, improvements, and enhancements made thereto, and all proprietary rights therein, shall be and remain the Company’s sole and exclusive property. The Company welcomes feedback, comments, and suggestions for improvements to the Testnet and related technologies of the RaisePay (“Feedback”).

Prohibited Activities

You will not (in each case except as otherwise contemplated as part of these Terms):

Impersonate any person or entity or misrepresent your affiliation with any person or entity; Share testnet links, Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, creating, encouraging or implementing Sibyl attacks; Sell or resell Raise Finance Services; Participate in the Testnet from a jurisdiction other than the jurisdiction of your residence (as determined by the identity documentation provided by you); encourage or enable any other individual or entity to do any of the foregoing or otherwise violate the Terms.

Compliance with Laws

You agree that to comply with all applicable laws, rules, regulations, and any generally accepted practices or guidelines in the relevant jurisdictions in connection with your participation with Testnet. To the extent required by law, you are solely responsible for obtaining or filing any approval, clearance, registration, permit, or other regulatory authorization and shall comply with the requirements of such authorization.

WARRANTY DISCLAIMERS

THE COMPANY MAKES NO, AND HEREBY DISCLAIMS ALL REPRESENTATIONS AND WARRANTIES OF ANY KIND WITH RESPECT TO OUR TESTNET. THE TESTNET IS PROVIDED “AS IS” AND WITH ALL FAULTS AND WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, THE COMPANY EXPLICITLY DISCLAIMS ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, VALUE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. The Company has made no promises or guarantees with respect to delivery of any future features or functions. Any discussions of any future features or functions, either prior to or following the agreement to these Terms, are for informational purposes only, and the Company has no obligation to provide any such features or functions. You acknowledge that you have not relied on any statement, promise, assurance, or warranty that is not set out in the Terms.YOU ACCEPT AND ACKNOWLEDGE THAT THERE ARE RISKS ASSOCIATED WITH PARTICIPATING IN TESTNET INCLUDING, BUT NOT LIMITED TO, , ERRORS, DISTORTIONS OR DELAYS YOU MAY EXPERIENCE WHEN PARTICIPATING IN TESTNET, HOWEVER CAUSED. THE COMPANY WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKES NO RESPONSIBILITY FOR AND WILL NOT BE LIABLE TO YOU FOR YOUR PARTICIPATION IN TESTNET.

The Company makes no warranty that Testnet will meet your requirements or be available on an uninterrupted, secure, or error-free basis or free of viruses, errors, or defects. The Company makes no warranty regarding the quality, accuracy, timeliness, truthfulness, completeness or reliability of any information or materials offered in connection with Testnet. Any rewards or incentives you received (including any tokens) as part of the Testnet may have no value.

Confidentiality and license

You acknowledge that, in connection with your participation in the Testnet, you may be exposed to data and information, including product, technology, business, and strategy information that is confidential and proprietary to us (collectively, “Confidential Information”). All Confidential Information shall be sole and exclusive property of the Company and may be used by you only for assisting us in resolving any security issue you have reported to us. You may not reveal, publish, or otherwise disclose the Confidential Information to any third party without the prior written consent of the Company, and shall protect the Confidential Information from disclosure using the same degree of care you use to protect your own confidential information of like kind, but in no event using less than reasonable care.

Learn More About Raise Finance on:

RaisePay wallet Testnet : https://www.raisepay.io/

Raise Launchpad Testnet (completed): test.raisefinance.io

Medium, Telegram Announcement channel, Twitter, Discord

Raise Finance does not guarantee any profits or rewards, and any involvement in this project is entirely at the participant’s own risk. Participation in this project is done solely at the discretion of the individual, and any potential risks should be thoroughly evaluated prior to involvement.

By using Raise Finance Application you will be deemed to have:

(I) read the Legal notice and other informational materials about the operation of the Raise Finance Application.

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Raise Finance

Scalable web3 engine to receive payments and raise funds for your game / app / store.