Terms of Service

1. Legal Notice

The platform HoopVerse and its subdomains are operated by Pillar Interactive SAS, a company registered under the laws of France.

Address: 1 Allée Valère Lefebvre, 93340 LE RAINCY, France

Contact: mathis@hoopverse.gg

Hosting Provider: Vercel, Inc.

2. Definitions

• Blockchain: The Base blockchain, a decentralized protocol supported by Coinbase, used for managing transactions related to digital assets.
• Crypto-Asset: Any fungible or non-fungible digital asset operating on a blockchain, including NFTs and tokens.
• Collectibles: Digital assets representing basketball players or franchises in HoopVerse.
• Game: The online basketball management simulation developed by HoopVerse.
• Marketplace: The digital platform for the trading of Collectibles among Users.
• NFT: Non-fungible tokens (NFTs) stored on a blockchain, ensuring scarcity and authenticity.
• Platform: The HoopVerse website and web application.
• User: Any person who accesses or interacts with the Platform.
• Wallet: A smart wallet created automatically upon signup, linked to the User’s account for managing assets.

3. Purpose and Scope

These Terms of Service ("TOS") govern the use of HoopVerse, including the Game, Marketplace, and other services.

Users acknowledge that these TOS regulate only the relationship between them and HoopVerse, excluding any third-party service provider (including blockchain wallet providers).

4. Information on Risks

Participation in HoopVerse involves risks associated with blockchain technologies, digital assets, and in-game economics. Users should understand that:

• The value of digital assets can fluctuate.
• Blockchain transactions are irreversible.
• Users are responsible for their Wallet security.
• HoopVerse provides no financial or investment advice.

Users uncertain about these risks should not engage with the Platform.

5. Acceptance and Amendments

5.1 Acceptance

Users must read and accept these TOS before accessing the Platform. By creating an account or making transactions on the Platform, Users acknowledge full acceptance of these TOS.

5.2 Amendments

HoopVerse may modify these TOS periodically. Users will be notified of significant changes at least 15 days in advance. Continued use of the Platform constitutes acceptance of the revised terms.

6. Access to Services

6.1 Eligibility

Users must have full legal capacity in their jurisdiction. Minors may use the Platform under the supervision of a legal guardian.

6.2 Account Registration

Users must create an account, and a smart Wallet will be automatically generated for them using their existing wallet or through social login options such as email, Facebook, or phone number. The security of the Wallet is the sole responsibility of the User.

6.3 Account Suspension and Termination

HoopVerse reserves the right to suspend or terminate accounts in case of:

• Fraudulent activities.
• Violations of these TOS.
• Illegal activities related to the Game or Marketplace.

7. Characteristics of Services

7.1 Collectibles and NFT Ownership

Users who purchase an NFT fully own the digital asset but do not acquire intellectual property rights over the Player's Content.

7.2 Marketplace Transactions

HoopVerse facilitates NFT transactions but does not control the pricing, valuation, or desirability of assets in the secondary market. A 6.5% fee is applied to all secondary sales conducted on the Marketplace.

7.3 Game Participation

Users may manage basketball franchises, sign players, and engage in competitions. HoopVerse reserves the right to adjust gameplay mechanics, player attributes, competition structures, and economic systems to maintain competitive balance and enhance user experience.

8. User Conduct

Users agree to:

• Comply with applicable laws and regulations.
• Use the Platform in good faith.
• Refrain from disruptive activities, hacking, or fraudulent behavior.
• Avoid offensive, defamatory, or illegal content in interactions.

Violation of these rules may result in account suspension or termination.

9. Intellectual Property

9.1 Platform Content

All elements of HoopVerse (logos, designs, text, game mechanics) are owned by HoopVerse. Users may not copy, distribute, or exploit them without authorization.

9.2 User-Generated Content

By creating team names, logos, or other content, Users grant HoopVerse a royalty-free, transferable license to use and display this content for promotional and gameplay purposes.

10. Liability and Indemnification

10.1 Limitations of Liability

HoopVerse provides the Platform "as is" and makes no guarantees regarding uninterrupted service, security, or profitability of assets. Users assume full responsibility for blockchain transactions and Wallet security.

10.2 Indemnification

Users agree to indemnify HoopVerse against any claims, losses, or damages arising from their misuse of the Platform.

11. Duration, Suspension, and Termination

11.1 Duration

These TOS remain effective as long as the User accesses the Platform.

11.2 Suspension and Termination

HoopVerse may suspend or terminate User accounts due to breaches of these TOS or as required by regulatory changes.

12. Dispute Resolution

Governing Law: These TOS are governed by French law.

Arbitration: In case of disputes, Users must first contact HoopVerse at mathis@hoopverse.gg. If unresolved, disputes may be resolved through mediation or arbitration in France.

13. Miscellaneous

Right of Withdrawal: Due to the nature of digital assets, Users waive their right of withdrawal upon purchasing an NFT.

Contact: For inquiries, Users may reach out to: mathis@hoopverse.gg