Terms of Service
Last updated: December 2024
1. Acceptance of Terms
By accessing and using Red Carpet, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to these terms, please do not use our platform.
2. Use of Platform
Red Carpet is a decentralized crowdfunding platform for creative projects. Users must:
- Be at least 18 years old or have parental consent
- Provide accurate and truthful information
- Maintain the security of their wallet and account
- Comply with all applicable laws and regulations
3. Campaign Creation
Campaign creators agree to:
- Provide honest and accurate project information
- Fulfill all promised rewards to backers
- Use funds raised for the stated project purpose
- Communicate regularly with backers about project progress
4. Blockchain Transactions
All transactions on Red Carpet are processed on the blockchain. Users acknowledge that:
- Blockchain transactions are irreversible
- Users are responsible for transaction fees (gas fees)
- The platform does not control blockchain networks
- Smart contract interactions carry inherent risks
5. Fees and Payments
Red Carpet charges platform fees on successfully funded campaigns. All fees are clearly disclosed during campaign creation. Payment processing is handled through blockchain smart contracts.
6. Intellectual Property
Campaign creators retain ownership of their intellectual property. By using the platform, creators grant Red Carpet a license to display and promote their campaigns.
7. Limitation of Liability
Red Carpet is provided "as is" without warranties. We are not liable for:
- Campaign success or failure
- Disputes between creators and backers
- Loss of funds due to user error or blockchain issues
- Third-party services or smart contract vulnerabilities
8. Changes to Terms
We reserve the right to modify these terms at any time. Continued use of the platform after changes constitutes acceptance of the new terms.
9. Contact
For questions about these terms, please contact us at legal@redcarpethq.org