Terms of use
Money4intellect end-user agreement
Please read carefully the following legally binding agreement between Money4inetllect and you. By clicking “I agree” button when registering you acknowledge that you have read and agreed to be bound by the terms and conditions of this agreement. Make sure you fully understand the contents of this agreement. If you have any doubts about your rights and obligations resulting from the acceptance of this agreement, please consult a legal attorney in your jurisdiction.
1. Definitions
The following words and terms, when used with this agreement, shall have the following meanings, unless the context clearly indicates otherwise.
Quiz game - is online gaming platform offered at www.money4intellect.com and fully owned by Money4Intellect Ltd.
Player's Account - is a personal account opened by an individual and maintained with us to enable that person to use online platform for games.
System - is a combination of program means together with websites, questions and players databases that provide gaming process.
Login - user nickname chosen during the registration.
Player - an individual who has accepted and agreed with game rules; registered in the system; and joined or started a new game.
Game - is the process of giving answers to questions by several players according to given rules.
Waiting time period - is time between the initiated game by one of the players and when the game actually starts.
Deposit entry level fee - is defined as the deposit amount for a player to initiate or join a game. All deposit entry level fees are fixed and determined by the administration.
Winner - is the player who wins the game according to the rules.
Prize pool - is the amount of each player’s deposit entry level fee times the number of players and minus 10% system commission.
2. Subject Matter of Agreement
This agreement covers the arrangements between Money4intellect and you in relation to your use of online platform when playing ‘play-for-real deposit amount'.
3. Legal Requirements
We do not offer a gambling activity, which is game of chance or game of skill. Online quiz game is about testing players’ knowledge and where the winning outcome depends entirely upon intelligence of the players and quickness with which he answers questions. Probability attached to gambling is eliminated. Furthermore, under Swiss Federal Games and Casino Act where games of skill and games of chance are defined as for onsite or facility casino games, quiz game Money4intellect cannot be considered as a gambling activity. In addition, as opposed to gambling activity where a portion of the prize is distributed in such a way that one player’s success can or does reduce the other players’ chances of winning, in a quiz game Money4intellect the entire prize pool amount is awarded to a single winner.
Thus, the availability of quiz game for real prizes does not construe an offer or invitation by us to play quiz game in any country in which such use is illegal. Use of quiz game for prizes is void wherever prohibited by any applicable law. You accept sole responsibility for determining whether or not your use of our quiz game is legal in the country where you live.
4. Using our System
4.1 You are prohibited:
4.1.1 to make copies, to distribute and translate any user information provided on our websites without special written permission.
4.1.2 to enter, access or attempt to access or otherwise bypass our security system; or interfere in any way with our system. If we notice that user attempts to get access to our Security system or by any means tries to bypass our security system, we would have to block your account and inform authorities.
User agrees that the company is not responsible for loses caused by any user’s actions.
5. Security
5.1. Our company is incorporated under the laws of Dominica and regulated by the laws of that country for purpose of operating quiz game, under the name www.money4intellect.com
5.2 Company allows access to play game through secured networks suing encryption of the user name and password. You cannot play the game without passing our customer security login.
5.3 You may not use our online platform for any commercial use or on behalf of another person. Any use of our platform by you is for own private purposes only.
5.4 You must keep your Username and Password confidential and should not disclose it to anybody. You shall be responsible for all transactions conducted in relation to your Player Account using your Password. Every person who identifies him/herself by entering your correct Username and Password is assumed by us to be you and all transactions where the Username and Password have been entered correctly will be regarded as valid.
5.5 You will not allow any third party to use your Player's Account and other Player's Account or means of payment to access the game.
5.6 It is your responsibility to ensure that you understand the rules and procedures of the game before you start playing.
6. User Responsibilities
6.1 Company makes no representation or warranty with respect to legality or otherwise to access and use the game in your country of residence and it is solely your responsibility to determine whether such access and use is legal. We further warrant in that respect that it does not intend to enable you to contravene any applicable law.
6.2 You shall not transfer in any way your rights under this agreement without our prior written agreement.
6.3 You are fully responsible for all taxes, fees and other costs incidental to and arising from your winnings.
6.4 You are responsible to pay all commissions of electronic payment systems when depositing and withdrawing amounts from/to your account.
6.5 You agree that we will handle all financial transactions in order to withdraw prizes from your account. You hereby agree that Payment Processor reserves the right to withhold any payments should the Payment Processor have reason to believe or may suspect that you may be engaging in fraudulent, collusion, unlawful or improper activity.
6.6 You accept that you are solely responsible for the supply and maintenance of all the computer equipment and telecommunications networks and internet access services that you need to use in order to access Quiz game. We will not be liable in any way whatsoever for any losses caused to you by the internet or any telecommunication service providers which you have used to access our website.
6.7 You will not commit any acts or display any conduct that damages our reputation.
7. Guarantee
7.1 Company guarantees to a winner instant transfer of prize pool to player's account.
7.2 Company guarantees to withdraw requested prize pool from player's account within and maximum up to 24 hours except weekends and public holidays.
7.3 Company guarantees full compensation of lost or disappeared prizes from player's account due to system failure.
7.4 Company guarantees that our system does not collect any other commissions except 10% commission fee from prize pool.
8. Your warranties and Representations
You warrant and represent that:
8.1 All details which you have given in the process of registration are accurate.
8.2 You are not depositing amounts into the game originating from criminal activities.
8.3 The debit/credit cards details supplied by you during registration process are those of the registered account holder and card has not been reported as lost or stolen.
8.4 You are not one of our employees as you will not be entitled to any of your winnings.
8.5 When opening player account you may not provide any information or make any statement to us which is untrue, false, incorrect or misleading.
9. Changes to this agreement
9.1 The company can make changes to this agreement or Game Rules or Privacy Policy at any time.
9.2 The changes will take effect from the date specified when they occur. It is important, therefore, that you visit our website from time to time and check to see whether or not there is a notification of change.
10. Reservation of rights
10.1 We reserve the right to offer bonuses and promotions. Each such offer will be subject to specific terms and conditions which will be valid for a limited period of time.
10.2 In case you have certain claims regarding the quality of questions (correct or incorrect answer), you have the right to send e-mail to the administration, clearly indicated where mistake was found. If such mistake is proved user will receive extra bonus. The amount will be determined by administration.
10.3 In the event of disputes related to defining a winner, company’s decision will be final.
11. Term
This agreement is effective from the moment of acceptance by clicking “I agree” button. To avoid any doubts it is agreed that you are bound by this agreement if you use our website.
12. Notices
12.1 You agree to receive e-mails from us.
12.2 Any questions concerning this Agreement should be addressed to info@money4intellect.com