ioubase

Terms of Use

Last updated: December 28, 2025

1. Acceptance of Terms

By accessing or using IOUbase ("the Platform"), you agree to be bound by these Terms of Use ("Terms"). If you do not agree to these Terms, you may not access or use the Platform. These Terms constitute a legally binding agreement between you and IOUbase.

2. Description of Service

IOUbase is a loyalty platform that enables creators to gift digital tokens to their fans and followers. The Platform provides tools for:

  • Creating and managing digital token systems for creators
  • Gifting tokens to fans and subscribers
  • Allowing fans to unlock perks using tokens
  • Tracking token balances and transaction history

3. Account Registration

To use certain features of the Platform, you must create an account. You agree to:

  • Provide accurate, current, and complete information during registration
  • Maintain and promptly update your account information
  • Keep your password secure and confidential
  • Accept responsibility for all activities that occur under your account
  • Notify us immediately of any unauthorized use of your account

4. Creator Responsibilities

If you become a creator on the Platform, you agree to:

  • Honor all perks offered to your community members
  • Clearly communicate the terms and conditions of your perks
  • Maintain sufficient capacity to fulfill perk redemptions
  • Not offer perks for illegal goods or services
  • Comply with all applicable laws and regulations
  • Be solely responsible for the relationship with your fans

5. User Conduct

You agree not to:

  • Use the Platform for any unlawful purpose
  • Attempt to gain unauthorized access to the Platform or other accounts
  • Interfere with or disrupt the Platform's infrastructure
  • Engage in fraudulent activities or misrepresent your identity
  • Violate any applicable local, state, national, or international law
  • Harass, abuse, or harm other users

6. IMPORTANT: Nature of Tokens - Legal Disclaimers

PLEASE READ THIS SECTION CAREFULLY. Tokens on IOUbase are digital representations of loyalty points issued by creators. You understand and explicitly agree to ALL of the following:

  • TOKENS HAVE NO CASH VALUE. Tokens cannot be exchanged for cash, refunded, or converted to any form of legal tender under any circumstances. They have zero monetary value.
  • TOKENS ARE NOT CURRENCY, SECURITIES, OR STORED VALUE. Tokens are not money, cryptocurrency, securities, investments, or any form of stored monetary value. They are digital representations of potential perks or benefits as determined solely by the issuing creator.
  • PERKS ARE DISCRETIONARY. Any perks, rewards, or benefits offered by creators in exchange for tokens are entirely at the creator's sole discretion. Creators may modify, discontinue, limit, or change the terms of perks at any time without notice.
  • IOUBASE IS LEDGER SOFTWARE, NOT A FINANCIAL SERVICE. IOUbase provides software for tracking token balances and transactions. We are NOT a bank, payment processor, money transmitter, financial institution, or fiduciary. We do not hold, manage, guarantee, or have any responsibility for any monetary value.
  • NO INVESTMENT OR RETURN EXPECTED. Tokens should not be acquired with any expectation of profit, appreciation, investment return, or future value of any kind.
  • CREATOR RESPONSIBILITY. The value and redeemability of tokens depend entirely on the issuing creator. IOUbase has NO control over and is NOT responsible for the fulfillment of perks by creators.
  • TOKENS ARE NON-TRANSFERABLE. Tokens cannot be transferred, sold, or traded between users.
  • ALL TRANSACTIONS ARE FINAL. All token transactions (gifts, redemptions) are final and cannot be reversed.

7. LIMITATION OF LIABILITY - IMPORTANT

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

  • IOUBASE SHALL NOT BE LIABLE for any indirect, incidental, special, consequential, punitive, or exemplary damages, including but not limited to damages for loss of profits, goodwill, use, data, or other intangible losses.
  • IOUBASE SHALL NOT BE LIABLE for any damages arising from: (a) your use or inability to use the Platform; (b) any conduct or content of any creator or third party on the Platform; (c) any perks obtained from creators; (d) unauthorized access, use, or alteration of your transmissions or content.
  • IOUBASE IS NOT RESPONSIBLE for any creator's failure to honor perks, provide services, or fulfill any promises made to you.
  • IOUBASE IS NOT RESPONSIBLE for any losses, damages, or harm resulting from your interactions with creators or other users.
  • IN NO EVENT shall IOUbase's total liability to you exceed the amount you paid to IOUbase (if any) in the twelve (12) months preceding the claim, or $100 USD, whichever is less.

8. Tax Obligations

Users are solely responsible for their own tax obligations. You acknowledge and agree that:

  • You are responsible for determining whether any tax obligations apply to your use of tokens or perks
  • You are responsible for reporting and paying any applicable taxes to the appropriate authorities
  • IOUbase does not provide tax advice and makes no representations regarding tax treatment of tokens or perks
  • Creators are responsible for their own tax reporting obligations
  • You should consult with a qualified tax professional regarding your specific situation

9. Disclaimer of Warranties

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, SECURE, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS.

WE MAKE NO WARRANTIES OR REPRESENTATIONS ABOUT THE ACCURACY, RELIABILITY, COMPLETENESS, OR TIMELINESS OF ANY CONTENT, INFORMATION, SOFTWARE, TEXT, GRAPHICS, LINKS, OR OTHER ITEMS ON THE PLATFORM.

10. Indemnification

You agree to indemnify, defend, and hold harmless IOUbase and its officers, directors, employees, agents, licensors, suppliers, and affiliates from and against any and all claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to:

  • Your violation of these Terms
  • Your use of the Platform
  • Your violation of any rights of a third party
  • Your violation of any applicable laws, rules, or regulations
  • Any content you submit, post, or transmit through the Platform
  • Any interactions between you and other users or creators

11. Fees and Payments

IOUbase may charge subscription fees for creator accounts. Any applicable fees will be disclosed before you complete a transaction. We reserve the right to modify our fee structure with reasonable notice to users. All fees are non-refundable unless otherwise stated.

12. Intellectual Property

The Platform and its original content, features, and functionality are owned by IOUbase and are protected by international copyright, trademark, patent, trade secret, and other intellectual property laws. You may not copy, modify, distribute, sell, or lease any part of the Platform without our express written permission.

13. Termination

We may terminate or suspend your account and access to the Platform immediately, without prior notice or liability, for any reason, including if you breach these Terms. Upon termination, your right to use the Platform will immediately cease. Any tokens in your account at the time of termination will be forfeited and will have no value.

14. Dispute Resolution and Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms or the Platform shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. You agree to waive your right to a jury trial and to participate in class action lawsuits.

15. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of Delaware, United States, without regard to its conflict of law provisions.

16. Severability

If any provision of these Terms is held to be unenforceable or invalid, such provision will be changed and interpreted to accomplish the objectives of such provision to the greatest extent possible under applicable law, and the remaining provisions will continue in full force and effect.

17. Changes to Terms

We reserve the right to modify these Terms at any time. We will notify users of any material changes by posting the new Terms on the Platform and updating the "Last updated" date. Your continued use of the Platform after such changes constitutes your acceptance of the new Terms.

18. Contact Us

If you have any questions about these Terms, please contact us at:

Email: legal@ioubase.com

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