Scope
The FAME Marketplace (Hereinafter referred to as “Marketplace”) aims to provide a federated space for embedded finance, to promote the monetization and accessibility of data. The Marketplace Terms and Conditions (hereinafter “Terms”) relate to any products, core or non-core services, to the website, or any other element provided on the Marketplace, which Participants may, directly or indirectly, benefit from.
These ‘Terms’ apply whenever the Marketplace is visited or used by a Participant. Please read these terms carefully before engaging in any activity on the Marketplace, as participation of any kind within the Marketplace is considered as an acceptance of the Terms.
The Marketplace reserves the right to make any changes to the ‘Terms’ from time to time, and without prior notice. These terms will be provided in English.
Definitions
Data assets are data products that are constructed, maintained and made available on the Marketplace by an Offeror. A User can discover and freely decide to purchase these products and use them with respect to these Terms.
FAME Marketplace (‘Marketplace’) is an information service that establishes a federated marketplace for Data assets, to promote the valorisation, monetisation and accessibility of data and related services. It includes all the services, products and elements present, from time to time, on the website.
Offeror is a Participant that holds the right, including the relevant Intellectual Property Rights (IPRs), to make Data assets, such as data sets, available on the Marketplace pursuant to the ‘Terms’.
Offering(s) means any raw data provided in a structured or unstructured form, including Data assets, AI/ML models, analytical insights, or other services/products that are available, from time to time, on the Marketplace.
Participant is an entity, individual, or organisation acting on a professional basis that engages in the Marketplace, or any part thereof, in accordance with the Terms.
User is a Participant that intends to make use of the services and products available in the Marketplace pursuant to these Terms.
1. Access to the Marketplace
- 1.1 Participants can only gain access to the Marketplace upon admittance to the Marketplace, which occurs pursuant to the FAME Onboarding Procedure.
- 1.2 Any admitted applicant who participates on the Marketplace agrees to be bound by these Terms.
- 1.3 The Terms apply also to Marketplace visitors.
2. Scope of Service
- 2.1 The Offerings are made available on the Marketplace to Participants without a guarantee of continuity. The Offering should be accepted ‘as is’ and the Marketplace cannot be held responsible for any defect or discrepancy between the description of the Offering and its actual properties.
- 2.2 The Marketplace is federated and is set to decentralise any exchange or correspondence between the Participants.
- 2.3 A User may gain access to the Offerings in accordance with the terms set by the Offeror, possibly in line with the Suggested Transaction Terms.
3. Subscription Plan [CURRENTLY FREE TO USE]
For the duration of the FAME project, access to the Marketplace is provided free of charge.
4. Functioning of the Marketplace
- 4.1 The Marketplace aims to enhance a Participant’s experience and will do everything within its capacity to facilitate the findability and access to Offerings.
- 4.2 The Marketplace strives to ensure that the Offerings are provided in a fair, transparent, and non-discriminatory manner, including with regard to pricing and terms of service.
5. Acceptable Use Policy for the Marketplace
All Participants within the Marketplace, with their best efforts, agree to refrain from and prevent others from:
- 5.1 Conducting any illegal or fraudulent activity through the Marketplace or through any content (including Offerings) made available on the Marketplace.
- 5.2 Harming, threatening, or harassing any third party.
- 5.3 Publishing offensive or abusive content.
- 5.4 Using the Marketplace for any illegal activity, including but not limited to the theft or corruption of data, damaging information systems or devices, or altering software.
- 5.5 Supporting or promoting terrorism, violence, or any other activity aimed at causing harm.
- 5.6 Sharing any illegal content or information, such as, but not limited to, content related to sexual abuse or the abuse/exploitation of minors.
6. Right to Moderation Content
The Marketplace retains the right to remove any content, or description thereof, that might, directly or indirectly, be deemed inappropriate, offensive, illegal, or in violation of the Terms and/or the FAME Core Values.
7. Notice and Action Mechanism
- 7.1 A ‘notice and action’ system is integrated into the Marketplace to facilitate content moderation.
- 7.2 Where any Participant becomes aware of content deemed illegal or inconsistent with the Terms, they are required to submit a detailed report to the Marketplace through the available reporting form, without undue delay.
8. Enhancement of the Service
The Marketplace may use any non-personal data generated through the use of the platform for the purpose of enhancing its functioning and provision of service.
9. Representations and Warranties
- 9.1 The Marketplace is provided “as is” without any express or implied warranties, including but not limited to warranties of merchantability, fitness for a particular purpose, or title.
- 9.2 The Marketplace makes no guarantee that the Platform will operate uninterrupted or error-free, or that any errors will be corrected.
- 9.3 A Participant waives all warranties and accepts that the Marketplace shall not be liable for any loss, damage, or expense, including but not limited to consequential damages, lost profits, or lost data resulting from its use or misuse.
- 9.4 A Participant agrees to indemnify and hold harmless the Marketplace from any claims or damages resulting from its direct or indirect use.
10. Right to Withdrawal
- 10.1 Participants, in general, hold the right to withdraw from the Marketplace at any time, pursuant to any established procedure.
- 10.2 An Offeror retains the right to withdraw from the Marketplace.
- 10.3 A User reserves the right to cancel their subscription and terminate their access to the Marketplace.
- 10.4 Any Offering made available on the Marketplace, or any data generated through its use, will remain accessible until activities related to security and service maintenance are completed.
11. Restriction of Access
- 11.1 For security reasons, some or all services—including Marketplace functionalities or services related to the Offerings—might be suspended at any time without prior notice.
- 11.2 For specific and imminent security reasons, any or all Participants might be suspended from the Marketplace without prior notice.
- 11.3 The Marketplace reserves the right to restrict access to the available Offerings, temporarily or permanently, where a Participant breaches any of these Terms.