Introduction

Prone Market, Inc. d/b/a Prone Market (“Prone Market,” “we,” “us,” or “our”) owns and operates the Prone Market website. These Terms of Service (the “Terms”) govern your access to and use of the Prone Market website, including, without limitation, the creation, purchase, sale, exchange, or modification of certain digital assets; our online and/or mobile services, and software provided on or in connection with those services (collectively, the “Service”).

This Service also allows you to sell and buy Crypto Assets (as defined below) through an auction (“Auction”). This page, Auction Rules, contains detailed rules for the auction process. You can only participate in the Auction if you link your digital wallets to supported bridge extensions like Trust Wallet (https://trustwallet.com/). Trust Wallet is an electronic wallet that allows you to buy, store, and transact with Ethereum cryptocurrency.Before you can put your unique digital asset up for auction or make an offer to buy a unique digital asset from another user, you must first download a supported electronic wallet extension and connect and unlock your digital wallets with that extension. When you place an order to sell or buy a one-of-a-kind digital asset, it is routed to the appropriate extension, which completes the transaction on your behalf.

ALL TRANSACTIONS CONDUCTED THROUGH OUR SERVICE ARE FACILITATED AND RUN BY THIRD-PARTY ELECTRONIC WALLET EXTENSIONS, AND BY USING OUR SERVICES, YOU AGREE TO BE BOUND BY THE TERMS OF SERVICE AND PRIVACY POLICY FOR THE APPLICABLE EXTENSIONS. THOSE TERMS ARE AVAILABLE FOR TRUST WALLET AT (https://trustwallet.com/terms-of-services) AND (https://trustwallet.com/privacy-and-policy).

Prone Market IS A WEBSITE. OUR COMPANY IS NOT A BROKER, FINANCIAL INSTITUTION, OR CREDITOR. THE SERVICES ARE ONLY AN ADMINISTRATIVE PLATFORM. Prone Market FACILITATES TRANSACTIONS IN THE AUCTION BETWEEN THE BUYER AND SELLER OF CRYPTO ASSETS OR BETWEEN ANY USERS.

YOU ARE COMPLETELY RESPONSIBLE FOR VERIFYING THE IDENTITY, LEGITIMACY, AND AUTHENTICITY OF ASSETS PURCHASED ON Prone Market. Prone Market MAKES NO CLAIMS ABOUT THE IDENTITY, LEGITIMACY, OR AUTHENTICITY OF ASSETS ON THE PLATFORM, EVEN IF INDICATORS AND MESSAGES SUGGEST VERIFICATION.

We sometimes need to describe additional terms for specific services because we have a growing number of services. If you use the relevant services, the additional terms and conditions that are available with those services will become part of your agreement with us.

PLEASE READ THESE TERMS OF USE CAREFULLY BECAUSE THEY AFFECT YOUR LEGAL RIGHTS. WE WISH TO INFORM YOU THAT THE TERMS CONTAIN AN ARBITRATION AGREEMENT THAT REQUIRES DISPUTES BETWEEN US TO BE SUBMITTED TO BINDING AND FINAL ARBITRATION WITH LIMITED EXCEPTIONS. IF YOU DO NOT OPT OUT OF THE ARBITRATION AGREEMENT: (1) YOU MAY ONLY PURSUE CLAIMS AND SEEK RELIEF AGAINST US ON AN INDIVIDUAL BASIS, NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE ACTION OR PROCEEDING; AND (2) YOU AGREE TO MANDATORY INDIVIDUAL ARBITRATION FOR DISPUTES AND WAIVE YOUR RIGHT TO A JURY TRIAL ON YOUR CLAIMS. PLEASE READ SECTION 15 EXTREMELY CAREFULLY.

YOU AGREE TO BE BOUND BY THESE TERMS AND ALL OF THE TERMS INCORPORATED HEREIN BY REFERENCE BY CLICKING ON THE “I ACCEPT” BUTTON, COMPLETING THE ACCOUNT REGISTRATION PROCESS, USING OUR SERVICES, AND/OR PURCHASING CRYPTO ASSETS BY CLICKING ON THE “I ACCEPT” BUTTON. You may not access or use the Service or purchase the Crypto Assets if you do not agree to these Terms.

Prone Market reserves the right, at our sole discretion, to change or modify these Terms at any time. If we make changes to these Terms, we will notify you by sending an email, providing notice through the Service, or updating the “Last Updated” date at the beginning of these Terms. By continuing to access or use the Service, you confirm your acceptance of the revised Terms and all terms incorporated by reference therein. We recommend that you read the Terms on a regular basis to ensure that you understand the terms and conditions that apply when you access or use the Service. You may not access or use the Service if you do not agree to the revised Terms.

Policy on Privacy

Please see our Privacy Statement for details on how we collect, use, and share personal information about you.

Preferences for Account Registration and Communication
To participate in an Auction for Crypto Assets, you must first create an account on the Service (“Account”). By creating an Account, you agree to (a) provide accurate, current, and complete Account information about yourself, (b) maintain and promptly update your Account information as needed, (c) maintain the security of your password and accept all risks of unauthorized access to your Account and the information you provide to us, and (d) immediately notify us if you discover or suspect any unauthorized access to your Account or the information you provide to us.Multiple accounts of the same user will be blocked by Prone Market.

You also agree not to:

1. create another account if we have disabled the one you previously had unless you have our written permission first;
2. buy, sell, rent, or lease access to your Account or username unless you have our written permission first; share your Account password with anyone;
3. or log in or attempt to log in to the Service through unauthorized third party applications or clients.

Prone Market may request additional information and documents from you at the request of any competent authority or in the event of the application of any applicable law or regulation, including laws related to anti-laundering (legalization) of income obtained through criminal means or counter-terrorism financing. Prone Market may also request additional information and documents if it believes: Your Account is being used for money laundering or other illegal activity; You have concealed or reported false identification information and other details;or Transactions made through your Account were made in violation of these Terms.

In such cases, Prone Market may pause or cancel your Auction transactions at its sole discretion until such additional information and documents are reviewed and accepted as satisfying the requirements of applicable law. Prone Market may refuse to provide you with the Content (as defined in Section 4(A) below) if you do not provide complete and accurate information and documents in response to such a request.

You agree to receive electronic communications from Prone Market by creating an Account (e.g., via email or by posting notices to the Service). These communications, which are part of your relationship with us, may include notices about your Account (e.g., password changes and other transactional information). You agree that any notices, agreements, disclosures, or other communications sent to you electronically will satisfy any legal communication requirements, including but not limited to the requirement that such communications be in writing. You should keep a paper copy or save an electronic copy of any electronic communications you receive from us. We may also send you promotional communications via email, such as newsletters, special offers, surveys, and other news and information that we believe will be of interest to you. You can unsubscribe from these promotional emails at any time by following the unsubscribe instructions included in them.

You agree to the terms of our Privacy Policy by submitting personal data through our Site or Services, and you expressly consent to the collection, use, and disclosure of your personal data in accordance with the Privacy Policy.

You must provide all necessary equipment and software to connect to the Service and services, including, but not limited to, a mobile device capable of connecting to and using the Service and services in cases where the Service includes a mobile component. You are solely responsible for any fees incurred when accessing the Service or services, including Internet connection or mobile fees.

Regardless of anything else in these Terms, the Service and Content may contain software components provided by Prone Market, its affiliates, or a third party that are subject to separate license terms, in which case those license terms will govern such software components. For example, if you click to learn more about any of the Crypto Assets sold through our marketplace, you will see a third-party link to the website where such Crypto Asset originated. The license terms governing the use of such Crypto Asset may be included on such website. If you purchase such a Crypto Asset through our marketplace, you must abide by these terms.

As previously stated, your participation in the Auction is also subject to the Auction Rules, which can be found on this page.