RARIO is a platform that allows You to buy, collect, sell, store, or display digital non-fungible tokens containing exclusive digital content such as photographs, digital artefacts and/or videos or related digital assets of one or more sporting moments, sporting activities, related events and its current and former players (“Moments”).
The website https://www.rario.com and its content are copyrighted work belonging to Digital Collectibles Pte Ltd and/or its licensors.
You hereby acknowledge and agree that Rario is a platform and not a financial institution, bank, credit union, trust, hedge fund, broker or investment or financial advisor, and is not subject to the same laws, regulations, directives or requirements applicable to such aforementioned persons. You acknowledge and agree that no oral or written information or advice provided by Rario, its officers, directors, employees, advisors, affiliates or agents (Rario Group), nor any information obtained through the Services (including on the Platform), will or shall constitute investment, or financial advice of any nature whatsoever.
You bear full responsibility for verifying the identity, legitimacy, and authenticity of Moments You purchase on third party platforms from other Users. Notwithstanding indicators and messages that suggest verification, Rario makes no claims about the identity, legitimacy, or authenticity of Moments sold by other Users on the third party platforms.
Rario shall be offering digital non-fungible tokens using an identified technology/network on the Platform in the form of Moments. As described above, these Moments shall be created using photographs, digital artefacts and/or videos or related digital assets of one or more sporting moments, sporting activities, related events and its current and former players
sports players. These underlying digital assets are authentic, and originally owned by the respective players/sporting associations/sports bodies to which Rario has acquired necessary licensing rights.
You need to create an account with Rario to use the Services. When You create an account, Rario may ask Your for some information about Yourself. Rario may require You, in its sole discretion, to provide additional information and/or documents. If You do not provide complete and accurate information and/or documents in response to such a request, Rario may refuse to provide You with the Services. You agree that if You provide any information that is untrue, inaccurate, not current or incomplete, Rario shall have the right to indefinitely suspend or terminate or block access of Your membership on and/or access to the Platform. Rario shall also be entitled to restrict, suspend, terminate or block Your access to the Platform, if so prohibited by applicable laws (including international trade sanction laws).
Use of this Platform is available only to persons who can enter into a legally binding contract under applicable laws.
You understand and agree that access to Your Rario account is limited solely to You. You agree that You will not sell, rent, lease, transfer, or grant access to Your Rario account to any person without prior written permission from Rario.
You understand and agree that You are solely responsible for maintaining the security of Your account and control over any user names, passwords, or any other codes that You use to access the Services. Any unauthorized access to Your account by third parties not attributable to Rario could result in the loss or theft of Moments and/or funds held in Your account and/or any associated accounts, including Your linked bank account(s), wallet(s) and/or credit card(s). You understand and agree that You will not hold Rario or any member of the Rario Group responsible for breach of security of Your account attributable to Your actions, inactions, fault or negligence. You further understand and agree that Rario or any member of the Rario Group is not responsible (and You will not hold us responsible) for any unauthorized access to or use of Your account. You are responsible for monitoring Your account.
You agree to – i) immediately notify the Platform of any unauthorized use / breach of Your password or account and b) ensure that You exit/log out from Your account at the end of each session.
Also, You agree that You will not:
create another account if We have disabled one You had unless You have Rario’s written permission first;
log in or try to log in to access the Service and/or the Platform in any manner through unauthorized third-party applications or clients.
You agree that Rario has the right to immediately suspend Your account, pause or cancel Your access to the Services and/or the Platform, or close Your account if we suspect, in our sole discretion, that:
Your account is being used for money laundering, financing or terrorism or any illegal activity in any jurisdiction;
You have concealed or provided false identification information or other details;
You have engaged in fraudulent activity;
Your usage results in, or threatens to result in, any security breach and/or data breach in respect of the Platform; or
Rario allows You to purchase, collect, sell, store or display Moments using the Platform.
You can purchase Moments in two ways: (a) by buying bundles of Moments from Rario (“Packs”); or (b) by buying individual Moments from Rario
Rario reserve the right to modify the types, prices and numbers of Packs and/or Moments available at its sole discretion.
The User shall bear the exchange-rate risk associated with such purchase at all times.
SECONDARY SALE / TRADING
Users holding Moments/Packs have the ability to sell them on the Platform.
In return for making the Platform available for sale and purchase between the Users, Rario charges a commission on the sale of Moments/Packs of an amount that is always specified in advance to the concerned Users.
It is expressly agreed that payment for the Moments/Packs will be made using the services of payment service providers that Rario partners with (Partner PSP), and such payments shall be additionally subject to the terms of such Partner PSPs. Payment will be made concurrently with the transfer of the Moments/Packs.
The Users shall have to comply with the know your customer (KYC) requirements (including any and all checks required by the Partner PSP) before making the sale. Rario has collaborated with Onfido, an online verification platform for the KYC of the Users.
The selling User shall bear the exchange-rate risk associated with transaction at all times.
If You decide to purchase Moments/Packs in such a secondary sale, You understand that such purchases will be entirely at Your sole risk.
OWNERSHIP OF MOMENTS/PACKS
Rario will have a right to seize, freeze or otherwise modify the ownership of any Moment/Pack if Rario determine that the Moment/Pack has not been rightfully acquired from a legitimate Rario authorised source.
USE OF WEBSITE
You agree, undertake and confirm that Your use of the Platform and/or the Services shall be strictly governed by the following binding principles:
You shall not host, display, modify, publish, transmit, update or share any Moments/Packs that:
belongs to another User and to which You do not have any right to; or
misleading in any way; or
violates any law for the time being in force; or
deceives or misleads the addressee/ users about the origin of the Moments/Packs; or
impersonate another person; or
shall not create liability for us or cause us to lose (in whole or in part) the services of our ISPs or other suppliers; or
are obscene in any manner; or
are against public morality, public interest, public order, national security, national harmony or is otherwise prohibited by applicable laws of Singapore.
You shall not attempt to gain unauthorized access to any portion or feature of the Platform, or any other systems or networks connected to Rario or to any of Rario's servers, computers, networks, or to any of the Services offered on or through the Platform, by hacking, password "mining" or any other illegitimate means.
You shall not probe, scan or test the vulnerability of the Platform or any network connected to the Platform nor breach the security or authentication measures on the Platform or any network connected to the Platform. You may not reverse look-up, trace or seek to trace any information on any other user of or visitor to the Platform, or any other User of the Platform, including any User account not owned by You, to its source, or exploit the Platform or any Service or information made available or offered by or through the Platform, in any way where the purpose is to reveal any information, including but not limited to personal identification or information, other than Your own information, as provided for by Rario.
You agree not to use any device, software or routine to interfere or attempt to interfere with the proper working of the Platform or any transaction being conducted on the Platform, or with any other User’s use of the Platform and/or the Services.
You understand that Rario has the right at all times to disclose any information (including the identity of the persons providing information or materials on the Platform including but not limited to Your KYC details) as necessary to satisfy any law, regulation or valid governmental request. This may include, without limitation, disclosure of the information in connection with investigation of alleged illegal activity or solicitation of illegal activity or in response to a lawful court order or subpoena. In addition, We can (and You hereby expressly authorize us to) disclose any information about You to law enforcement or other government officials, as We, in our sole discretion, believe necessary or appropriate in connection with the investigation and/or resolution of possible crimes, especially those that may involve personal injury.
It is possible that other users (including unauthorized users or “hackers”) may post or transmit offensive or obscene materials on the Platform and that You may be involuntarily exposed to such offensive and obscene materials. It also is possible for others to obtain personal information about You on the public forum due to Your use of the Platform, and that the recipient may use such information to harass or injure You. The Platform does not approve of such unauthorized uses but by using the Platform You acknowledge and agree that the Platform, Rario or any member of the Rario Group is not responsible for the use of any personal information that You publicly disclose or share with others on the Platform. Please carefully select the type of information that You publicly disclose or share with others on the Platform, or from the Platform on other social platforms (including but not limited to Facebook).
It is expressly agreed that payment for the Moments/Packs will be made using the service of Partner PSPs primarily in US Dollars or any other payment modes as indicated by Rario from time to time. Payment will be made concurrently with the transfer of the Moments/Packs.
In case of primary sale or release by Rario, the buying User shall bear the exchange-rate risk on such purchase at all times.
All financial transactions on the Platform will be conducted solely through Partner PSPs. We have no control over these payments or transactions, nor do we have the ability to reverse any payments or transactions. We have no liability to You or to any third party for any claims or damages that may arise as a result of any payments or transactions that You engage through such Partner PSPs.
By buying and selling Moments/Packs on the Platform, You agree to pay all applicable fees, is applicable, as stipulated on the checkout screen at the time of Your purchase. You authorize Rario to automatically deduct fees directly from payments to You and/ or add fees to Your payments to Rario where applicable.
Rario does not provide refunds for any purchases that You might make whether for Moments, Packs, Services or anything else on or using the Platform.
CHANGES TO THE PLATFORM
We may in our absolute and sole discretion change, update, amend, remove, or discontinue any part of the Site, the Services and the Content at any time without prior notice to You.
Your continued use of this Site after the “Last Updated Date” will constitute Your acceptance of and agreement to such changes.
We reserve the right at any time to satisfy our internal requirement as to Your personal data (for example, by requesting relevant original documents) including for the purposes of preventing fraud and/or anti-money laundering and counter-terrorist financing purposes.
INFORMATION COLLECTION AND USE BY THE PLATFORM
We also log non-personally-identifiable information including IP address, profile information, aggregate user data, and browser type, from Users. This data is used to manage the website, track usage and improve the Services. This non-personally-identifiable information may be shared with third-parties to provide more relevant services and advertisements to members. User IP addresses are recorded for security and monitoring purposes. We may also use a user's e-mail address to send updates, newsletters or news regarding the Services.
You understand and agree that Your access and use of the Platform is subject to certain risks. We state that the policies, standards, systems and procedures at Rario comply with the MAS Technology Risk Management Guidelines, 2021. The policies, standards, systems and procedures are regularly reviewed and updated, taking into consideration the evolving technology and cyber threats.
Price and liquidity of Moments/Packs are extremely volatile and may be subject to fluctuations;
Fluctuations in the price of other digital assets could materially and adversely affect the price of Moments/Packs;
Legislative and regulatory changes or actions may adversely affect the use, transfer, and value of the Moments/Packs;
Moments/Packs are not legal tender and are not backed by any government;
Transactions involving Moments/Packs may be irreversible expect as described in Refund policy, and losses due to fraudulent or accidental transactions may not be recoverable;
Moments/Packs are subject to the risk of fraud, counterfeiting, cyber-attacks and other technological difficulties which may prevent access to or use of Your Moments/Packs.
You understand and agree that You are solely responsible for determining the nature, potential value, suitability and appropriateness of these risks for Yourself. Rario does not give any advice or recommendations regarding the Moments/Packs. You understand and agree that You access and use the Platform at Your own risk. You understand and agree that Rario or any member of the Rario Group will not be responsible for any communication failures, disruptions, errors, or distortions You may experience when using the Services or the Platform.
Intellectual property in, to or of the Content, Moments/Packs, Services, all other trademarks, product names, and logos on the Site are the property of their respective owners and may not be copied, imitated, or used, in whole or in part, without the permission of the applicable trademark holder. Without limiting the foregoing, if You believe that third-party material hosted by Rario infringes Your copyright or trademark rights, please file a notice of infringement by contacting Rario at email@example.com.
In such event, please provide Rario with the following information: (1) an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright interest; (2) a description of the copyrighted work that You claim has been infringed; (3) a description of the location on Site of the material that You claim is infringing; (4) Your address, telephone number and e-mail address; (5) a written statement by You that You have a good faith belief that the disputed use is not authorized by the copyright owner, its agent or the law; and (6) a statement by You, made under penalty of perjury, that the above information in Your notice is accurate and that You are the copyright owner or authorized to act on the copyright owner’s behalf.
Rario’s policy is to suspend or terminate the account of repeat infringers. Rario’s response may depend on relevant aggravating or mitigating circumstances, but generally we will terminate an account if it is the subject of three valid infringement notices.
If purchased Moment/Pack purchased by You contains “Third Party IP” (e.g., licensed intellectual property from the cricketers or any Cricket organization), You understand and agree as follows: (a) that You will not have the right to use such Third Party IP in any way except as incorporated in the Moment/Pack, and subject to the license and restrictions contained herein; (b) that, depending on the nature of the license granted from the owner of the Third Party IP, we may need to (and reserve every right to) pass through additional restrictions on Your ability to use the Moment/Pack; and (c) to the extent that we inform You of such additional restrictions in writing, You will be responsible for complying with all such restrictions from the date that You receive the notice, and that failure to do so will be deemed a breach of this section.
Unless otherwise indicated in writing by us, the Services and all content and other materials contained therein, including, without limitation, the Rario logo and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively, “Content”) are the proprietary property of Rario or its affiliates, licensors or Users, as applicable.
The Rario logo and any Rario product or service names, logos or slogans that may appear on the Service or Service are trademarks of Rario or any member of the Rario Group and may not be copied, imitated or used, in whole or in part, without Rario’s prior written permission. You may not use any metatags or other “hidden text” utilizing “Rario” or any other name, trademark or product or service name of Rario or any member of the Rario Group without Rario’s prior written permission. In addition, the look and feel of the Service and Content, including, without limitation, all page headers, custom graphics, button icons and scripts, constitute the service mark, trademark or trade dress of Rario or any member of the Rario Group and may not be copied, imitated or used, in whole or in part, without Rario’s prior written permission. All other trademarks, registered trademarks, product names and Rario names or logos mentioned on the Service are the property of their respective owners and may not be copied, imitated or used, in whole or in part, without the permission of the applicable trademark holder. Reference to any products, services, processes or other information by name, trademark, manufacturer, supplier or otherwise does not constitute or imply endorsement, sponsorship or recommendation by Rario.
LIMITATION OF LIABILITY:
In no event shall the Rario Persons be liable for any indirect, punitive, incidental, special, consequential damages or any other damages resulting from:
the use or the inability to use the Services or Products;
unauthorized access to or alteration of the User's transmissions or data;
any other matter relating to the Services including, without limitation, damages for loss of use, data or profits, arising out of or in any way connected with the use or performance of the Platform or Service. The Platform shall not be held responsible for non-availability of the Platform during periodic maintenance operations or any unplanned suspension of access to the Platform. The User understands and agrees that any material and/or data downloaded using the Platform is done entirely at Users own discretion and risk and they will be solely responsible for any damage to their mobile or loss of data that results from the download of such material and/or data. To the maximum extend that is permissible under law, the Platform’s liability shall be limited to an amount equal to the Moments purchased from Rario by You in last 7 days.
The Platform shall not be liable for any dispute or disagreement between Users.
GOVERNING LAW AND VENUE
DISPUTE RESOLUTION; BINDING ARBITRATION
Arbitration Fees: Each party will cover its own fees and costs associated with the arbitration proceedings.
Award Enforcement: The award of the arbitrator will be final and binding, and any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. The parties agree that they will not appeal any arbitration decision to any court.
There may be information on the Site that contains typographical errors, inaccuracies, or omissions, including descriptions, pricing, availability, and various other information. We reserve the right to correct any errors, inaccuracies, or omissions and to change or update the information on the Site at any time, without prior notice.
The Site is provided on an as-is and as-available basis. You agree that Your use of the Site and our Services will be at Your sole risk. To the fullest extent permitted by law, We disclaim all warranties, express or implied, in connection with the Site and Your use thereof, including, without limitation, the implied warranties of merchantability, fitness for a particular purpose, and non-infringement. We make no warranties or representations about the accuracy or completeness of the Site’s content or the content of any websites linked to the Site and we will assume no liability or responsibility for any (1) errors, mistakes, or inaccuracies of content and materials, (2) personal injury or property damage, of any nature whatsoever, resulting from Your access to and use of the Site, (3) any unauthorized access to or use of Rario’s secure servers and/or any and all personal information and/or financial information stored therein, (4) any interruption or cessation of transmission to or from the Site, (5) any bugs, viruses, trojan horses, or the like which may be transmitted to or through the Site by any third party, and/or (6) any errors or omissions in any content and materials or for any loss or damage of any kind incurred as a result of the use of any content posted, transmitted, or otherwise made available via the Site. We do not warrant, endorse, guarantee, or assume responsibility for any product or service advertised or offered by a third party through the Site, any hyperlinked website, or any website or mobile application featured in any banner or other advertising, and we will not be a party to or in any way be responsible for monitoring any transaction between You and any third-party providers of products or services. As with the purchase of a product or service through any medium or in any environment, You should use Your best judgment and exercise caution where appropriate.
Rario hereto shall not be liable to You for delay in any performance or for the failure to render any performance under this Agreement or any other Agreement when such delay or failure is a direct result of any present or future statute, law, ordinance, regulation, order, failure to deliver on the part of its suppliers, judgment or decree, act of God, earthquake, epidemic, pandemic, explosion, lockout, boycott, strike, labor unrest, riot, war, shortage of adequate or suitable Internet connectivity, telecommunication breakdown or shortage of adequate power or electricity and other similar events beyond Rario’s control (“Force Majeure Event”).
In the event of any such delay or failure, Rario will use reasonable efforts to promptly notify You of the Force Majeure Event, stating the period of time the occurrence is expected to continue. We will resume the performance of our obligations as soon as reasonably practicable after the removal of the cause.
Rario confirms that the security system of website complies with the PCI standards.
DATA PROTECTION OFFICER
We make all best endeavours to provide You with a pleasant experience. In the unlikely event that You face any issues, please contact us at firstname.lastname@example.org.