Terms & Conditions
See: 1. Introduction 2. Eligibility 3. Account Registration 4. Use of the Platform 5. Intellectual Property 6. Tokens and NFTs 7. Staking and Rewards 8. Governance 9. Fees and Payments 10. Disclaimers 11. Termination 12. Governing Law and Dispute Resolution 13. Miscellaneous 14. Contact Us
Flareporium Private Limited Company ("Flareporium") is a company registered in England and Wales.
Registered Company Number: 16305996
Registered Office: 4th Floor, Silverstream House 45 Fitzroy Street, Fitzrovia, London, United Kingdom, W1T 6EB
Incorporation Date: March 11, 2025
Effective Date: March 13, 2025
Welcome to Flareporium. By accessing or using our platform, you agree to comply with and be bound by the following Terms & Conditions. Please read these terms carefully before using our services.
1. Introduction
All references to "Flareporium", "we", "our", or "us" in these Terms shall refer to Flareporium Private Limited Company. This information is provided for transparency and to fulfill our legal obligations under UK company law.
Flareporium operates on the Flare Network, providing a decentralized ecosystem that includes an NFT Marketplace, Launchpad, staking mechanisms, governance tools, and various other services. These Terms & Conditions ("Terms") govern your access to and use of the Flareporium platform and services.
1.1. Acceptance of Terms
By accessing or using Flareporium, or by interacting with any application on our platform, you agree to be bound by these Terms, our Privacy Policy, and any additional terms applicable to specific services. If you do not agree to these Terms, please refrain from using our platform.
1.2. Changes to Terms
We reserve the right to modify these Terms at any time. Updated Terms will be posted on this page with a revised effective date. Continued use of the platform after changes constitutes acceptance of the new Terms.
2. Eligibility
2.1. Age Requirement
You must be at least 13 years old to use Flareporium. By agreeing to these Terms, you represent and warrant that you meet this age requirement.
2.2. Legal Capacity
You must have the legal capacity to enter into these Terms. If you are using Flareporium on behalf of an organization, you represent that you have the authority to bind that organization to these Terms.
3. Account Registration
3.1. Creating an Account
To access certain features of Flareporium, you may need to create an account. You agree to provide accurate, current, and complete information during the registration process and to update such information to keep it accurate.
3.2. Security
You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. Notify us immediately of any unauthorized use of your account.
4. Use of the Platform
4.1. Permitted Use
You may use Flareporium only for lawful purposes and in accordance with these Terms. You agree not to:
Violate any applicable laws or regulations.
Infringe upon the intellectual property rights of others.
Engage in fraudulent or harmful activities.
Disrupt or interfere with the functioning of the platform.
4.2. Prohibited Activities
The following activities are strictly prohibited:
Activity
Description
Unauthorized Access
Attempting to gain unauthorized access to any part of the platform.
Disallowed Content
Uploading or distributing content that is illegal, offensive, or infringes on rights.
Market Manipulation
Engaging in practices that manipulate market conditions or token prices.
Spam and Phishing
Sending unsolicited messages or attempting to deceive users for personal gain.
5. Intellectual Property
5.1. Ownership
All content, features, and functionalities on Flareporium, including but not limited to text, graphics, logos, and software, are the exclusive property of Flareporium or its licensors and are protected by intellectual property laws.
5.2. User Content
By submitting content to Flareporium (e.g., NFTs, reviews, comments), you grant us a non-exclusive, worldwide, royalty-free license to use, modify, distribute, and display such content within the platform. You retain ownership of your content but are responsible for ensuring it does not infringe on the rights of others.
6. Tokens and NFTs
6.1. $FOTON Token
$FOTON is the native utility token of the Flareporium ecosystem. By purchasing, staking, or using $FOTON, you agree to comply with the following:
Usage: $FOTON is used for staking, rewards, governance, and other platform functionalities as outlined in our Whitepaper.
Risks: Cryptocurrency investments are highly volatile and come with significant risks. Flareporium is not responsible for any losses incurred from the use or trading of $FOTON.
No Financial Guarantee: Flareporium does not guarantee any financial gains from holding or using $FOTON. The value of $FOTON may fluctuate, and you may lose some or all of your investment.
No Investment Contract: $FOTON is not an investment contract, security, or financial instrument. Flareporium does not offer $FOTON as an investment opportunity, and it is not regulated as such.
6.2. Block Sapiens NFTs
Block Sapiens NFTs are a unique collection within the Flareporium ecosystem. By creating, purchasing, staking, or trading Block Sapiens NFTs, you agree to comply with the following:
Authenticity and Ownership: Ensure that all Block Sapiens NFTs you create or acquire are original and do not infringe on the intellectual property rights of others.
Usage Rights: Ownership of a Block Sapiens NFT grants you certain rights within the Flareporium platform, including staking benefits and participation in governance, as detailed in our Whitepaper.
Risks: The value of Block Sapiens NFTs may fluctuate based on market demand and platform performance. Flareporium does not guarantee any financial gains from owning or trading Block Sapiens NFTs.
No Financial Guarantee: Flareporium does not guarantee any financial returns or benefits from owning or using Block Sapiens NFTs. The value and benefits are subject to change based on platform developments and market conditions.
No Investment Contract: Block Sapiens NFTs are not investment contracts, securities, or financial instruments. Flareporium does not offer Block Sapiens NFTs as investment opportunities, and they are not regulated as such.
Compliance: You agree to comply with all applicable laws and regulations related to digital assets and NFTs when interacting with Block Sapiens NFTs.
6.3. NFT Marketplace
Our NFT Marketplace allows users to create, buy, sell, and trade non-fungible tokens (NFTs). By using the Marketplace, you agree to:
Authenticity: Ensure that all NFTs you create or sell are original and do not infringe on the intellectual property rights of others.
Compliance: Adhere to all applicable laws and regulations related to digital assets and NFTs.
Transaction Fees: Accept the transaction fees as outlined in our Fee Structure.
7. Staking and Rewards
7.1. Staking Mechanisms
Flareporium offers various staking options, including Yield Vault Staking, Oracle Growth Vault Staking, NFT Staking, Governance Staking, and LP Staking. By participating in staking, you agree to:
Terms Specific to Each Staking Pool: Follow the specific terms and conditions applicable to each staking pool, as detailed in our Staking Documentation.
Risks: Acknowledge the risks associated with staking, including potential loss of staked tokens and changes in reward structures.
No Financial Guarantee: Flareporium does not guarantee any returns or financial gains from staking activities. Rewards are subject to platform performance and may vary.
7.2. Reward Distribution
Rewards from staking are distributed based on platform performance and the specific rules of each staking pool. Flareporium reserves the right to modify reward mechanisms as necessary to ensure the sustainability of the ecosystem.
8. Governance
8.1. Decentralized Governance
Flareporium incorporates decentralized governance, allowing $FOTON holders and Block Sapiens NFT holders to participate in decision-making processes. By engaging in governance, you agree to:
Participation: Actively participate in voting and governance activities in good faith.
Compliance: Abide by the outcomes of governance decisions as determined by the majority vote.
No Financial Guarantee: Participation in governance does not guarantee financial rewards or influence over the platform beyond voting rights.
9. Fees and Payments
9.1. Fee Structure
Using Flareporium's Marketplace and Launchpad incurs certain fees:
Service
Fee Percentage
Transaction Fees
4%
Launchpad Fees
8%
Bidding Fees
0%
Listing Fees
0%
Fees are payable in $FLR (Flare Network) or $SGB (Songbird Network) tokens, depending on the network you are connected to during transactions.
9.2. Fee Allocation
Fees collected are distributed as follows:
Allocation
Percentage
Flareporium Team
50%
Flareporium Momentum Reserve
40%
Flareporium Foundation Fund
10%
10. Disclaimers
10.1. No Warranty
Flareporium is provided on an "as is" and "as available" basis. We disclaim all warranties, express or implied, including but not limited to warranties of merchantability, fitness for a particular purpose, and non-infringement.
10.2. Limitation of Liability
To the fullest extent permitted by law, Flareporium shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, arising from:
Your use or inability to use the platform.
Any unauthorized access to or use of our servers and data.
Any content obtained from Flareporium.
Any conduct or content of any third party on the platform.
10.3. No Financial Guarantee
Flareporium does not guarantee any financial gains or returns from using the platform, purchasing $FOTON, or engaging in staking and NFT activities. All financial activities involve risks, and you may lose some or all of your investment.
10.4. No Investment Contract
Nothing in these Terms constitutes an offer or solicitation to buy or sell any security, financial instrument, or investment contract. $FOTON and NFTs are not regulated as securities, and Flareporium does not provide any investment advice.
10.5. Indemnification
You agree to indemnify, defend, and hold harmless Flareporium, its affiliates, officers, agents, and employees from any claims, liabilities, damages, losses, and expenses, including reasonable attorneys' fees, arising out of or in any way connected with your access to or use of the platform, your violation of these Terms, or your infringement of any rights of another.
11. Termination
11.1. Termination by You
You may terminate your account and cease using Flareporium at any time by following the account deletion procedures outlined in our Account Management section.
11.2. Termination by Flareporium
We reserve the right to suspend or terminate your access to Flareporium, without prior notice or liability, for any reason, including but not limited to:
Breach of these Terms.
Engaging in prohibited activities.
Violating any applicable laws or regulations.
Protecting the rights, property, or safety of Flareporium, its users, or the public.
12. Governing Law and Dispute Resolution
12.1. Governing Law
These Terms are governed by and construed in accordance with the laws of the jurisdiction in which Flareporium is registered, without regard to its conflict of law principles.
12.2. Dispute Resolution
Any disputes arising out of or relating to these Terms or your use of Flareporium shall be resolved through the following process:
Negotiation: Attempt to resolve the dispute amicably through good-faith negotiations.
Mediation: If negotiation fails, engage in non-binding mediation with a mutually agreed-upon mediator.
Arbitration: If mediation is unsuccessful, the dispute shall be settled by binding arbitration in accordance with the rules of the jurisdiction in which Flareporium is registered.
12.3. Class Action Waiver
You agree that any arbitration shall be conducted only on an individual basis and not as a class, consolidated, or representative action. You waive your right to participate in any class action lawsuit or class-wide arbitration.
13. Miscellaneous
13.1. Entire Agreement
These Terms, along with our Privacy Policy and any additional terms applicable to specific services, constitute the entire agreement between you and Flareporium regarding your use of the platform.
13.2. Severability
If any provision of these Terms is found to be unenforceable or invalid, that provision will be limited or eliminated to the minimum extent necessary, and the remaining provisions will remain in full force and effect.
13.3. Waiver
No waiver of any term or condition of these Terms shall be deemed a further or continuing waiver of such term or condition or any other term or condition.
13.4. Assignment
You may not assign or transfer your rights or obligations under these Terms without our prior written consent. Flareporium may assign these Terms without restriction.
14. Contact Us
If you have any questions or concerns about these Terms, please contact us at:
Email: Flareporium@gmail.com
Website: https://www.flareporium.xyz
Appendix: Definitions
For clarity, here are definitions of key terms used in these Terms & Conditions:
Term
Definition
$FOTON
The native utility token of the Flareporium ecosystem used for staking, rewards, governance, etc.
NFT
Non-Fungible Token, a unique digital asset representing ownership of a specific item or content.
Marketplace
Flareporium's platform for buying, selling, and trading NFTs and other digital assets.
Launchpad
A platform within Flareporium that facilitates the creation and launch of new NFT collections.
Staking
The process of locking up tokens to support network operations and earn rewards.
Governance
The system allowing token and NFT holders to participate in decision-making processes.
Flare Network
The blockchain network on which Flareporium operates.
$FLR
Flare Network's native token used for transactions and operations within the network.
$SGB
Songbird Network's native token used for transactions within the Songbird ecosystem.
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