Terms and Conditions

These Terms and Conditions (the “Agreement”) govern your access to and use of SchindlersX.io (the “Marketplace”) operated by Schindler Digital Assets (“Schindler”). By accessing or using the Marketplace, you agree to be bound by these Terms and Conditions. If you do not agree with any part of this Agreement, you may not access the Marketplace.

1. Acceptance of Terms:

By accessing or using the Marketplace, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. Schindler reserves the right to modify or update these Terms and Conditions at any time without prior notice. It is your responsibility to review these Terms and Conditions periodically for any changes.

2. Marketplace Use:

3. The Marketplace provides a platform for the listing and trading of real-world assets (RWAs) in the form of NFTs or tokens. Users may browse listings, make purchases, and engage in related activities.

4. You understand and acknowledge that Schindler is not a party to any transaction between users of the Marketplace. Schindler does not guarantee the accuracy, legality, or quality of any listings or transactions conducted through the Marketplace.

3. Eligibility:

By accessing and using the Marketplace, you represent and warrant that you are at least 18 years old and have the legal capacity to enter into this Agreement. If you are accessing or using the Marketplace on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind such entity to this Agreement.

4. Intellectual Property:

5. All content and materials on the Marketplace, including but not limited to logos, trademarks, text, images, graphics, videos, and software, are the property of Schindler or its licensors and are protected by intellectual property laws.

6. You may not use, reproduce, distribute, modify, or create derivative works of any content or materials on the Marketplace without prior written consent from Schindler.

5. Listing and Transactions:

6. The Marketplace allows users to list their RWAs for sale and engage in transactions with other users. By listing an RWA, you represent and warrant that you have the legal rights and authority to do so.

7. Schindler does not guarantee the availability, quality, or legality of any listed RWAs or the completion of any transactions. Users are solely responsible for their interactions and transactions with other users.

6. Fees and Payments:

7. Schindler may charge listing fees and transaction fees for the use of the Marketplace. The applicable fees and payment terms will be clearly communicated to users before they proceed with any listing or transaction.

8. Users are responsible for providing accurate and up-to-date payment information. Failure to make timely payments may result in the suspension or termination of access to the Marketplace.

7. Privacy:

Your privacy is important to us. Schindler’s Privacy Policy outlines how we collect, use, and protect your personal information. By accessing and using the Marketplace, you consent to the collection and use of your information as described in the Privacy Policy.

8. Limitation of Liability:

To the fullest extent permitted by law, Schindler and its affiliates, directors, officers, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or in connection with the use of the Marketplace or this Agreement.

9. Indemnification:

You agree to indemnify and hold harmless Schindler and its affiliates, directors, officers, employees, and agents from any claims, damages, liabilities, losses, costs, or expenses arising out of or in connection with your use of the Marketplace or any violation of this Agreement.

10. Governing Law and Dispute Resolution:

This Agreement shall be governed by and construed in accordance with the laws of South Africa. Any dispute arising out of or in connection with this Agreement shall be subject to the exclusive jurisdiction of the courts of South Africa.

11. Severability:

If any provision of this Agreement is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

12. Entire Agreement:

This Agreement constitutes the entire agreement between you and Schindlers regarding the use of the Marketplace and supersedes any prior or contemporaneous agreements, understandings, or representations.

If you have any questions or concerns regarding these Terms and Conditions, please contact us at [email protected].

Last updated: 26 August 2023

By accessing and using the Marketplace, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions.