Terms of Service

Terms of Service

BVI Paradise Crowdfunding Terms and Conditions

Thank you for considering BVI Paradise Crowdfunding ("BVI Paradise," "we," "us," or "our") as a platform to raise funds for your project. Before using our platform, please carefully read these Terms and Conditions of Service ("Terms"), as they govern your use of the BVI Paradise website, located at https://fundme.bviparadise.com ("Site"), as well as any services provided by BVI Paradise, including, without limitation, access to our platform and customer support.

Acceptance of Terms

By using the Site or any of our services, you agree to be bound by these Terms, as well as our Privacy Policy, which is incorporated herein by reference. If you do not agree to these Terms or our Privacy Policy, please do not use our platform.

Eligibility

You must be at least 18 years old and have the legal capacity to enter into binding contracts to use our platform. By using the Site, you represent and warrant that you meet these requirements.

User Content

You are solely responsible for any content you submit or make available on our platform, including, without limitation, project descriptions, images, and videos (collectively, "User Content"). By submitting User Content, you grant BVI Paradise a non-exclusive, royalty-free, perpetual, irrevocable, and fully transferable right to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, and display such User Content throughout the world in any media.

Project Approval

We reserve the right to approve or reject any project submitted to our platform at our sole discretion. We may reject any project that we determine violates these Terms, is fraudulent or illegal, or fails to meet our quality standards.

Fees

We charge a platform fee of 5% of the total funds raised, plus payment processing fees charged by our third-party payment processor. You will be responsible for all applicable taxes and fees associated with your use of our platform.

Payment Processing

All funds raised through our platform will be processed through our third-party payment processor. You agree to comply with the terms and conditions of our payment processor, which may include providing additional information or documentation.

Disbursement of Funds

BVI Paradise will disburse funds to you, net of our platform fee and any payment processing fees, within 7-10 business days of the project end date, provided that you have submitted all necessary information and documentation and complied with these Terms.

No Guarantee

BVI Paradise does not guarantee that your project will be successful in raising funds. We make no representations or warranties regarding the success of your project or the accuracy or completeness of any information on our platform.

Indemnification

You agree to indemnify and hold harmless BVI Paradise and its affiliates, officers, directors, employees, and agents from and against any and all claims, damages, liabilities, costs, and expenses (including reasonable attorneys' fees) arising from or related to your use of our platform, your breach of these Terms, or any User Content you submit.

Disclaimer of Warranties

BVI Paradise provides its platform "as is" and without any warranty or condition, express, implied, or statutory. We specifically disclaim any implied warranties of merchantability, fitness for a particular purpose, and non-infringement.

Limitation of Liability

In no event will BVI Paradise be liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from or related to your use of our platform, even if we have been advised of the possibility of such damages. Our total liability to you in connection with your use of our platform will not exceed the total amount of fees paid to us by you in the 12 months preceding the event giving rise to the liability.

Intellectual Property

BVI Paradise retains all right, title, and interest in and to the Site and all content and materials provided on the Site, including, without limitation, text, graphics, logos, images, and software. You agree not to reproduce, modify, distribute, or create derivative works based on any content on our platform without our prior written consent.

Termination

We may terminate your access to our platform at any time for any reason, including, without limitation, your breach of these Terms or our belief that you have engaged in fraudulent or illegal activity.

Governing Law

These Terms will be governed by and construed in accordance with the laws of the British Virgin Islands, without giving effect to any principles of conflicts of law.

Dispute Resolution

Any dispute arising from or related to these Terms will be resolved exclusively through binding arbitration in the British Virgin Islands in accordance with the rules of the British Virgin Islands International Arbitration Centre.

Changes to Terms

We may modify these Terms at any time by posting revised Terms on our Site. Your continued use of our platform following any such modification constitutes your acceptance of the modified Terms.

Entire Agreement

These Terms and our Privacy Policy constitute the entire agreement between you and BVI Paradise regarding your use of our platform and supersede all prior or contemporaneous communications and proposals, whether oral or written, between you and BVI Paradise.

If you have any questions or concerns about these Terms or our platform, please contact us at [email protected].

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