Patent Nest’s Terms of Use

Welcome to patentnest.com. It is a marketplace platform for services related to intellectual properties.

The following terms and conditions (these “Terms of Use”), govern your access to and use of our website, including any content, functionality and services offered on or through www.patentnest.com (the “Site”).

Please read the Terms of Service carefully before you start to use the Site. By using the Site, opening an account or by clicking to accept or agree to the Terms of Service when this option is made available to you, you accept and agree to be bound and abide by these Terms of Service and our Privacy Policy, found here, incorporated herein by reference. If you do not want to agree to these Terms of Service or the Privacy Policy, you must not access or use the Site.

This Site is offered and available to users who are 18 years of age or older. If you are under 18 you may not use this Site or Patent Nest services. By using this Site, you represent and warrant that you are of legal age to form a binding contract with the Company and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Site.

Our Customer Support team is available if you have any questions regarding the Site or Terms of Service. Contacting our Customer Support team can be performed by submitting a request.

Sellers are users who offer to license or sell their intellectual properties i.e. Patents, Trademarks and Copyrights on Patent Nest.

Buyers are users who purchase license or sell their intellectual properties i.e. Patents, Trademarks and Copyrights on Patent Nest.

Overview

Intellectual Property listing may be removed by Bitcix who own Patent Nest for violations to these Terms of Service, which may include (but are not limited to) the following violations and/or materials:

  • Illegal or Fraudulent listing, Copyright Infringement, Trademark Infringement, Patent Infringement
  • Adult oriented listing, Pornographic, Inappropriate/Obscene
  • Intentional copies of intellectual properties
  • Spam, Nonsense, or Violent listing
  • Listings misleading to buyers, including violations of third party terms of service

Listings that are removed for violations mentioned above, may result in the removal of the seller’s account.

Listings that are removed for violations are not eligible to be restored or edited.

Listings may also be deleted from our Search feature due to poor performance and/or user misconduct.

URLs in your Listing text that redirects to third party websites are subject to approval and may be considered inappropriate to use on Patent Nest.

Posting a patent or trademark requires you to have an appropriate listing image related to the service offered.

Listings may contain an approved video uploaded through the listing management tools available on Patent Nest.

Statements on the listing Page that undermine or circumvent these Terms of Service is prohibited.

To protect against fraud, unauthorized transactions (such as money laundering), claims or other liabilities, we do not collect credit information; but allow our payment vendors to collect information for the purpose of collecting payments from buyers on the Site or transferring payments to sellers on the Site.

We are not exposed to the payment information provided to our payment vendors, and this information is subject to the privacy policy applicable to the payment vendor. Please see our Privacy Policy for more information here.

Disputes and Cancellations

We encourage our buyers and sellers to try and settle conflicts among themselves. If for any reason this fails, users can contact Bitcix Customer Support team for assistance here.

Filing a transaction dispute or reversing a payment through your payment provider or your bank is a violation to these Terms of Service. Doing so may get your account temporarily disabled to investigate possible security violations. Note: once you have filed a dispute with your payment provider, the funds will be ineligible for a refund due to our obligations towards the payment provider.

Any necessary exchange of personal information required to continue a service may be exchanged within the order page.

Bitcix Ltd does not provide protection for users who interact outside of the Patent Nest platform or that are actively violating our Terms of Service.

All information and file exchanges must be performed exclusively on Patent Nest’s platform excluding payments.

Rude, abusive, improper language, or violent messages sent to users will not be tolerated and may result in an account warning or the suspension/removal of your account.

Reporting Violations

If you come across any content that may violate our Terms of Service, you should report it to us through the appropriate channels created to handle those issues as outlined in our Terms of Service. All cases are reviewed by our Trust & Safety team. To protect individual privacy, the results of the investigation are not shared. You can review our Privacy Policy for more information.

Violations

Users may receive a warning to their account for violations of our Terms of Service or any user misconduct reported to our Trust and Safety team. A warning will be sent to the user’s email address and will be displayed for such user on the Site. Warnings do not limit account activity, but can lead to your account becoming permanently disabled based on the severity of the violation.

Non-Permitted Usage

Adult Services & Pornography – Patent Nest does not allow any exchange of adult oriented or pornographic materials and listings.

Inappropriate Behavior & Language – Communication on Patent Nest should be friendly, constructive, and professional. Patent Nest condemns bullying, harassment, and hate speech towards others. We allow users a medium for which messages are exchanged between individuals, a system to rate orders, and to engage on larger platforms such as our Community Forum and Social Media pages.

Phishing and Spam – Bitcix Ltd takes the matter its members’ security seriously. Any attempts to publish or send malicious content with the intent to compromise another member’s account or computer environment is strictly prohibited. Please respect our members privacy by not contacting them for commercial purposes without their consent.

Privacy & Identity – You may not publish or post other people’s private and confidential information. Any exchange of personal information required for the completion of a service must be provided in the order page. Sellers further confirm that whatever information they receive from the buyer, which is not public domain, shall not be used for any purpose whatsoever other than for the delivery of the work to the buyer. Any users who engage and communicate off of Patent Nest will not be protected by our Terms of Service.

Intellectual Property Claims – Bitcix Ltd (owner of Patent Nest) will respond to clear and complete notices of alleged copyright, patents or trademark infringement. Our Intellectual Property claims procedures can be reviewed here.

Fraud / Unlawful Use – You may not use Patent Nest for any unlawful purposes or to conduct illegal activities.

Abuse and Spam

Multiple Accounts – To prevent fraud and abuse, users are limited to one active account. Any additional account determined to be created to circumvent guidelines, promote competitive advantages, or mislead Patent Nest community will be disabled. Mass account creation may result in disabling of all related accounts. Note: any violations to Patent Nest’s Terms of Service is cause for permanent suspension of all accounts.

Targeted Abuse – We do not tolerate users who engage in targeted abuse or harassment towards other users on Patent Nest. This includes creating new multiple accounts to harass members through our message or ordering system.

General Terms

Bitcix Ltd and Patent Nest itself reserves the right to put any account on hold or permanently disable accounts due to breach of these terms of service or due to any illegal or inappropriate use of the Site or services.

Violation of Patent Nest Terms of Service may get your account disabled permanently.

Users with disabled accounts will not be able to sell or buy on Patent Nest.

Users who have violated our Terms of Service and had their account disabled may contact our Customer Support team for more information surrounding the violation and status of the account.

Users have the option to enable account Security features to protect their account from any unauthorized usage.

Users must be able to verify their account ownership through Customer Support by providing materials that prove ownership of that account.

Bitcix may make changes to Patent Nest’s Terms of Service from time to time. When these changes are made, Patent Nest will make a new copy of the terms of service available on this page.

You understand and agree that if you use Patent Nest after the date on which the Terms of Service have changed, Patent Nest will treat your use as acceptance of the updated Terms of Service.

User Generated Content

User Generated Content (“UGC”) refers to the content added by users as opposed to content created by the Site. All content uploaded to Patent Nest by our users (Buyers and Sellers) is User Generated Content. Patent Nest does not check user uploaded/created content for appropriateness, violations of copyright, trademarks, other rights or violations. We invite everyone to report violations together with proof of ownership as appropriate. Reported violating content may be removed or disabled.

Furthermore, Patent Nest/Bitcix is not responsible for the content, quality or the level of service provided by the Sellers.

We provide no warranty with respect to the listings, their delivery, and any communications between buyers and sellers.

We encourage users to take advantage of our rating system, our community and common sense in choosing appropriate intellectual properties being auctioned.

By offering to sell or license a trademark, copyright or patents, the seller undertakes that he/she has sufficient permissions, rights and/or licenses to provide, sell or resell the service is offered on Patent Nest. Sellers advertising their intellectual properties online must comply with laws and terms of service of the advertising platform or relevant website used to advertise. Failing to do so may result in removal of the listing and may lead to the suspension of seller’s account.

Sellers must confirm that whatever information they receive from the buyer, which is not public domain, shall be kept confidential and shall not be shared or used for any purpose whatsoever other than for the delivery of the ordered IP to the buyer.

Furthermore, users (both buyers and sellers) agree that unless they explicitly indicate otherwise, the content users voluntarily create/upload to Patent Nest, including listing texts, photos, videos, usernames, user photos, user videos and any other information may be used by Patent Nest/Bitcix Ltd for no consideration for marketing and/or other purposes.

Disclaimer of Warranties

YOUR USE OF THE SITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE IS AT YOUR OWN RISK. THE SITE, ITS CONTENT AND ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITHOUT ANY WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED. NEITHER PATENT NEST/BITCIX NOR ANY PERSON ASSOCIATED WITH PATENT NEST/BITCIX MAKES ANY WARRANTY OR REPRESENTATION WITH RESPECT TO THE COMPLETENESS, SECURITY, RELIABILITY, QUALITY, ACCURACY OR AVAILABILITY OF THE WEBSITE.

THE FOREGOING DOES NOT AFFECT ANY WARRANTIES WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW.

Limitation on Liability

IN NO EVENT WILL PATENT NEST/BITCIX, ITS AFFILIATES OR THEIR LICENSORS, SERVICE PROVIDERS, EMPLOYEES, AGENTS, OFFICERS OR DIRECTORS BE LIABLE FOR DAMAGES OF ANY KIND, UNDER ANY LEGAL THEORY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE, OR INABILITY TO USE, THE WEBSITE, ANY WEBSITES LINKED TO IT, ANY CONTENT ON THE WEBSITE OR SUCH OTHER WEBSITES OR ANY SERVICES OR ITEMS OBTAINED THROUGH THE WEBSITE OR SUCH OTHER WEBSITES, INCLUDING ANY DIRECT, INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO, PERSONAL INJURY, PAIN AND SUFFERING, EMOTIONAL DISTRESS, LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, LOSS OF DATA, AND WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT OR OTHERWISE, EVEN IF FORESEEABLE.

THE FOREGOING DOES NOT AFFECT ANY LIABILITY WHICH CANNOT BE EXCLUDED OR LIMITED UNDER APPLICABLE LAW