Terms and Conditions

1. Introduction

Purpose: These Terms and Conditions govern the use of the RichConfirmed platform. By participating in any bidding process or securing a position on the RichConfirmed leaderboard, you agree to be bound by these Terms.
Scope: This agreement applies to all users who engage in bidding, purchase positions, and make payments.

"Platform": Refers to the RichConfirmed website and any associated apps or services.
"Bidder": Any user who places a bid to secure a position on the leaderboard.
"Winner": A bidder who successfully secures a position on the leaderboard after completing the payment process.
"Position": A spot on the leaderboard, ranked by the amount bid.

Users must be at least 18 years of age to participate in the bidding process.
By participating, you represent that any funds used to bid are legally obtained, and your participation does not violate any local or international laws.

4.1. Bid Placement: Bids are placed via the platform and are binding once confirmed. The minimum bid for each position is specified (e.g., Position 10 starts at €500, Position 1 starts at €250,000).
4.2. Irrevocability: Once a bid is placed, it cannot be withdrawn or modified.
4.3. Multiple Bids: Users may place multiple bids, but each must comply with the position’s minimum bidding requirement. Only the highest bid will be considered for securing a position.
4.4. Automated Systems: Bidders are prohibited from using automated systems (bots or scripts) to place bids. Doing so will result in disqualification.
4.5. Closing the Auction: The auction closes at a specific time, and the highest bid at that time wins the corresponding position.

5.1. Payment Deadline: After winning a bid, the bidder has 12 hours to complete the payment via bank transfer or bitcoin to secure their position. The payment must include the bidder’s full name or the social media username they use on the RichConfirmed platform in the payment reference. Failure to include the correct reference may result in the payment not being processed correctly, and the position will be offered to the next highest bidder.
5.2. Payment Failure: If the payment is not completed within 12 hours, the next highest bidder will be offered the position.
5.3. No Refunds: All payments are final and non-refundable. Bidders acknowledge that by placing a bid, they are committing to securing a position. No refunds will be issued except in cases of fraud or technical error as outlined in Section 7.
5.4. Proof of Payment: All payments are subject to verification. RichConfirmed may request documentation to confirm the payment.

6.1. Public Display: Winners’ Instagram usernames, profile pictures, and links will be displayed on the RichConfirmed leaderboard for the duration of their hold on a position.
6.2. Additional Exposure: By securing a position, winners grant RichConfirmed the right to feature their profiles on RichConfirmed’s social media accounts, including but not limited to Instagram, TikTok, YouTube, and Threads, and other marketing materials.
6.3. Transparency: Winners agree that their payment details (without sensitive information) may be publicly displayed to ensure transparency in the bidding process.
6.4. Content Removal: If a winner’s social media profile is found to violate platform rules or ethical standards (e.g., promoting hate speech or illegal activities), RichConfirmed reserves the right to remove the profile from the leaderboard without refund.

7.1. Anti-Fraud Measures: RichConfirmed employs systems to detect and prevent fraudulent activities. Any user suspected of fraud will be banned from the platform, and their bids will be invalidated.
7.2. Disputed Payments: If a payment is disputed or reversed, RichConfirmed reserves the right to remove the corresponding profile from the leaderboard.
7.3. Security Breach: In the event of a security breach affecting bidding or payment systems, RichConfirmed will take immediate steps to resolve the issue and reserves the right to delay or restart an auction if necessary.

RichConfirmed reserves the right to suspend or terminate user access to the platform, with or without notice, for violation of these terms or any illegal or unethical conduct.

9.1. Limitation of Liability: RichConfirmed is not responsible for any loss of data, failure to secure a bid, or monetary loss resulting from platform downtime, user error, or technical issues.
9.2. No Guarantees: While RichConfirmed guarantees exposure through its platform and social media for winners, it does not guarantee any specific financial or social return for securing a position.
9.3. Third-Party Interactions: RichConfirmed is not liable for any actions or consequences arising from interactions between users outside of the platform (e.g., social media harassment, online conflicts).
9.4. Limitation of Responsibility for Social Media Impact: RichConfirmed is not responsible for any potential loss of followers, engagement, or negative impact on a participant's social media accounts as a result of participation in the auction or securing a position on the leaderboard. By participating, users acknowledge that their social media presence may fluctuate, and they will not hold RichConfirmed liable for any changes in their follower count, reputation, or online engagement. The sole service provided by RichConfirmed is the advertising space on the leaderboard, along with exposure through its social media channels as outlined in these terms. Participants agree that they are not entitled to any compensation or claims against the company beyond the advertising services provided.

All content on the platform, including logos, design elements, and text, is the intellectual property of RichConfirmed. Unauthorized reproduction or use is prohibited.

11.1. Informal Resolution: In the event of a dispute regarding the bidding process or payment, users must first contact RichConfirmed customer service to attempt an informal resolution.
11.2. Legal Proceedings: If a resolution cannot be reached, all disputes will be governed by the laws of Greece and resolved in the courts of Athens, Greece.

RichConfirmed reserves the right to modify these Terms and Conditions at any time. Users will be notified of any changes via email or platform announcements. Continued use of the platform after changes are posted constitutes acceptance of the modified terms.

These Terms and Conditions are governed by the laws of Greece without regard to its conflict of laws principles.