General Terms and Conditions

1. General Provisions

• 1.1. The Sharez.io platform (“Sharez”) is operated by Sharez, a company registered in Hong Kong, providing technical infrastructure for private investors (“Investors”) to jointly invest in assets (“Assets”). Traders (“Traders”) are supported to sell these assets in the market.
• 1.2. The contractual relationship between Sharez and users (“Users”) is governed solely by German law, excluding the United Nations Convention on Contracts for the International Sale of Goods. Users acknowledge this choice of law by using the platform.
• 1.3. Upon receipt of investment funds, Sharez is registered as the legal owner of the asset, while physical assets remain with the trader for operational sales.
• 1.4. Profits from asset sales are distributed 50% to the trader and 50% to the investors. Sharez acts solely as an intermediary.
• 1.5. Sharez reserves the right to expand, modify, or discontinue the platform at any time, with significant changes communicated to users.

2. Scope of Application

• 2.1. These terms govern all legal relationships between Sharez and platform users, covering interactions, transactions, and communications.
• 2.2. Additional terms may apply for specific features or services and will be communicated to affected users.
• 2.3. Sharez assumes no liability for third-party content on the platform.

3. Registration and Access to the Platform

• 3.1. Registration is required to use the platform. It is only available to individuals of legal age and capable of acting or legally competent entities.
• 3.2. Users must provide truthful information and promptly update any changes to their data.
• 3.3. Sharez reserves the right to refuse registrations or block accounts violating platform guidelines.
• 3.4. Multiple registrations or false information may result in account suspension and legal consequences.

4. Use of the Platform and Sharez’s Role

• 4.1. Sharez provides a technical platform for coordinating investments and facilitating communication between investors and traders.
• 4.2. Economic forecasts provided are non-binding and for informational purposes only.
• 4.3. Sharez may monitor transactions and take action against abuse or illegal activity.

5. Ownership and Securities

• 5.1. Sharez registers as the legal owner of assets upon investment completion.
• 5.2. Custody and management of assets are the trader’s responsibility.
• 5.3. Investors have no rights to the physical assets until sales are completed.

6. Risks and Liability Disclaimer

• 6.1. Investments involve significant risks, including market volatility and total loss.
• 6.2. Sharez makes no guarantees regarding investment security or success.
• 6.3. Liability is limited to intent or gross negligence.
• 6.4. Users must ensure invested funds come from lawful sources.
• 6.5. Legal violations will be reported to relevant authorities.

7. Profit Distribution and Payouts

• 7.1. Profits are distributed 50% to traders and 50% to investors, after costs.
• 7.2. Payouts are made to platform wallets and can be transferred to verified bank accounts.
• 7.3. Sharez may delay payouts if legal uncertainties arise.

8. Technical Availability and Maintenance

• 8.1. Sharez strives to maintain platform availability and will communicate planned maintenance in advance.
• 8.2. Sharez is not liable for unforeseen technical disruptions or force majeure.

9. Data Protection

• 9.1. Sharez processes personal data according to data protection laws, detailed in the privacy policy.

10. Contract Duration and Termination

• 10.1. The agreement is for an indefinite period, with users able to terminate with one month’s notice.
• 10.2. Sharez may terminate contracts immediately for significant violations.

11. Final Provisions

• 11.1. German law exclusively applies.
• 11.2. Invalid provisions do not affect the remaining terms.
• 11.3. The place of jurisdiction is Hong Kong, where permissible.