Terms of Use

Carefully read the terms of use. Site usage implies acceptance of these terms.

Please read this Terms of Use (“Agreement”) carefully, as it constitutes legally binding terms and conditions and applies to your use of www.antrocket.com, all corresponding webpages and websites associated with the foregoing URL that are owned and controlled by Innovation Fund, Inc. and all subdomains related to Antrocket (collectively from now on “the Site”). This Agreement describes your rights and responsibilities and states the terms and conditions under which you may use this website. The term “you” as used herein refers to all individuals and/or entities accessing the Site for any reason. By continuing to use the Site, you are indicating your acceptance to be bound by the terms and conditions of this Agreement between you and Antrocket. If you do not accept the terms and conditions stated here, Antrocket will not allow you to use the Site and you should immediately stop using the Site.

Services

Antrocket is an online reward-based crowdfunding platform that encourages users (“Creators”) to promote and present their innovative and creative ideas so that they can raise money by offering rewards to others users (“Backers”) in order to carry them out. Through the Site, e-mail and websites users may post videos, images, projects, data, text, and other information and materials subject to previous content approval.

Term

This Agreement shall remain in full effect while you use the Services. You may terminate your registration or use of Services at any time and Antrocket also may terminate your use or registration to the Services, with or without prior notice, at any time without liability to you or third party.

Eligibility

You must be at least 18 years of age to register for this Site. However, if you are older than 13 years old but younger than 18 years old, you may also register for this Site counting with a parental or legal guardian supervision and consent. If you provide information that is untrue, inaccurate, not current or incomplete, or Antrocket suspects that such information is untrue, inaccurate, not current or incomplete, Antrocket has the right to suspend or terminate your registration and refuse any and all current or future use of the Services, in their sole discretion, with or without notice to you, and without liability or obligation to you.

User Registration

To access and use certain content, features, or functionality of the Services, Antrocket may require that you register for the applicable Services and have a unique username and password combination (“User Credentials”). Once you register for the Services you may support a project (“Backer” or “Fueler”) or list a project for a fundraising campaign (“Creator”). Also it may require providing certain additional information, which may include, without limitation, your email address, date of birth, country of residence, and zip code (collectively, a “User Account”). You represent and warrant that all registration and account information you submit is truthful and accurate and you shall maintain and promptly update the accuracy of such information. You also may view content of the website without registration but with limited access of interaction. If you elect to register for the Services, you are solely responsible for maintaining in strict confidentiality of your User Credentials, and you shall be responsible and liable for any access to or use of the Services by you or any person or entity using your User Credentials, whether or not such access or use has been authorized by you or on your behalf, and whether or not such person or entity is your employee or agent, including, without limitation, any fee-based transactions. It is therefore critical that you do not share your User Credentials with anyone. You agree to notify immediately Antrocket of any unauthorized use of your User Credentials or User Account, or any other breach of security. Antrocket reserve the right to deny access, use and registration privileges to any user of the Services if we believe there is a question about the identity of the person trying to access any account or element of the Services. Antrocket shall not be responsible or liable for any loss or damage arising from your failure to comply with this section.

Privacy Policy

The Privacy Policy available at http://www.antrocket.com/privacy is hereby incorporated into this Agreement by reference as though fully set forth herein.

Access and Use of Services

You are solely responsible for conduct in connection with the Services. You agree not to use the Services for any purpose prohibit by law or by the Terms of Use. You commit that, while using the Services, you shall not:

engage in or encourage conduct that would violate any applicable law, rule, regulation, judicial or government order or give rise to civil liability or violate or infringe upon any intellectual property, proprietary, privacy, patent, trade secret, copyright, moral, publicity or other rights of any other person or entity;
offer, sell or distribute controlled substances (such as but not limited to steroids, narcotics, tobacco products, prescriptions drugs, marijuana), medical devices or products or services that present a risk to consumer safety, guns, ammunitions, firearms, knives, weapons or accessories regulated by law, stocks, bonds or other securities, real estate, insurance, banking or financial services.
submit, post, email, display, transmit or otherwise make available through the Services any material or take any action that is or is likely to be unlawful, harmful, threatening, abusive, tortious, defamatory, libelous, deceptive, fraudulent, false, misleading, inaccurate, invasive of another’s privacy or publicity rights, harassing, profane, obscene, vulgar or that contains explicit or graphic imagery, descriptions or accounts of excessive violence or sexual acts, contains a link to an adult website or is patently offensive, promotes racism, bigotry, hatred or physical harm of any kind against any group or individual;
submit, post, email, display, transmit or otherwise make available through the Services any material that you do not have a right to make available under any law, rule or regulation or under contractual or fiduciary relationships (such as inside information, proprietary or confidential information learned or disclosed as part of employment relationships or under nondisclosure agreements), or otherwise creates a security or privacy risk for any other person or entity;
engage in or encourage conduct that affects adversely or reflect negatively on Antrocket, its affiliates, or parent company, partners, collaborators, the Services, our goodwill, name or reputation or causes duress, distress or discomfort to us or anyone else, or discourage any person or entity from using all or any portion, features or functions of the Services, or from advertising or becoming a supplier to us in connection with the Services;
submit, post, email, display, transmit or otherwise make available through the Services any material that contains spam, junk mail, chain letters or a software virus, worm, spyware, Trojan horse, or other computer code, file or program designed to interrupt, impair, destroy or limit the functionality of any computer software or hardware or telecommunications equipment;
use the Services for commercial or business purposes, including, without limitation, engaging in barter arrangements, pyramid schemes, advertising, marketing, through or in connection with the Services, whether or not for financial or any other form of compensation or through linking with another website or service;
modify, disrupt, impair, alter or interfere with the use, features, function, operation or maintenance of the Services or the rights or use or enjoyment of the Services by any other user;
impersonate any person or entity or falsely state or otherwise represent your affiliation with a person, or entity;
engage in spamming, flooding, harvesting of email addresses or other personal information, “spidering”, “screen scraping”, “phishing”, “database scraping”, or any other activity with the purposes of obtaining lists of other users or other information;
Antrocket assumes no responsibility for monitoring the Services for inappropriate content or conduct. If at any time Antrocket chooses in its sole discretion to monitor the Services, Antrocket nonetheless assumes no responsibility for user postings, assumes no obligation to modify or remove any user postings, and no responsibility for the conduct of any user. Antrocket reserves the right to investigate and take appropriate legal action against anyone who, in Antrocket sole discretion, violates, or is suspected of violating, this section, including, without limitation, reporting you to law enforcement authorities. Further, you acknowledge, consent and agree that Antrocket may access, preserve and disclose your account and registration information and any other content or information if required to do so by law or if based on a good faith belief that such access, preservation or disclosure is reasonably necessary to (a) comply with the law or legal process; (b) enforce this Agreement; (c) respond to claims that any content or information violates the rights of any third party; (d) respond to your requests for customer or technical service; or (e) protect the rights, property or personal safety Antrocket, users or any third parties including acting in urgent circumstances.

Projects

Antrocket is a reward-based crowdfunding web platform that encourages users (“Creators”) to promote and present their innovative and creative ideas so that they can raise money by offering rewards to others users (“Backers”) in order to carry them out. By creating or backing a project you are bound to this entire Agreement and agree the following:

Creators and Backers agrees to familiarize yourself, and comply with the policies, domestic laws (including common law), state legislation, international laws, statutes, ordinances and regulations regarding your use of our Site, including the listing of Projects and supporting Projects. In particular, you must ensure that your activities, Projects you list, and the balance of your information do not violate any relevant country based fair trading legislation. Notwithstanding successful conclusion of a transaction you must ensure strict compliance with any particular formalities which, if not complied with, will either render a transaction void or unlawful.
All funds for Projects will be collected through an online payment service and/or Antrocket credit/debit card merchant facility. Once a pledge is made, Antrocket will collect the funds from the Backers. If the project meets their goal amount before or at the project deadline, Antrocket will transfer these funds to the Creator after all Antrocket and payment partners’ fees are deduced.
Antrocket shall not be liable for the interactions with any organizations and/or individuals found through the Services. This includes, not limited to, delivery of goods and services, and any other terms, conditions, warranties or representations published on Antrocket.
Antrocket cannot be held liable for the actions of a Creator, Creators are fully responsible for fulfilling obligations implied and stated in any project they create.
Antrocket reserves the right to cancel a project listing and refund all Backers payments at any time for any reason.
Antrocket does not respond for any damage or loss incurred as a result of any dealings on the Antrocket platform, including, but not limited to rewards. In this sense, all dealings are uniquely between you and such individuals or organizations. For this reason, Antrocket is no obliged to become involved in any dispute between Backers and Creators, or between site members and any third party. If a dispute takes place, you release Antrocket employees, partners and successors in rights from reclamations, damages of any kind arising out or related to such dispute and our service.
Antrocket does not guarantee the performance or reliability of the online payment service. Moreover, Antrocket does not guarantee the full receipt of the total funds pledged to a Creator’s Project because of the possible failures of some credit cards.
Both Creators and Backers must also agree and comply with the online payment service policy.
Antrocket will not offer refund after a project has achieved its goal amount.

Backers

Backers are registered users that support a project listed from a Creator and received a reward from the Creator for their funding. Backers agree to the following:

Backers agree to have a valid payment card or payment method in order to support a project.
Backers agree to provide their payment information when pleading a project. The payment will be collected at the time the pledge is made during the funding campaign. Backers will be charged with the amount they agree to pledge.
Backers give their express consent to Antrocket and its payments partners authorizing or reserving a charge on their payment card or other payment method for any amount up to the full pledge at any time between the pledge and collection of the funds. Once the pledge is made, Antrocket will send an e-mail confirmation notifying that the payment will be collected.
Backers agree to have sufficient funds and credit at the time of the pledge for the pledge amount to be collected.
Backers agree to provide the required information from Creator in order to receive the reward.
Backers can fund in multiple times the same Project at any time during the funding before the goal amount is achieved.
Backers agree to understand that by supporting a Project they do not have any rights in or to that Project, including any ownership, control, or distribution rights, and that the Creator shall be free to solicit other funding for the Project, enter into contracts for the Project, allocate rights in or to the Project, and otherwise direct the Project in its sole discretion.

Creators

Creators are users which use Antrocket platform to promote and present their innovative and creative ideas to raise money by offering rewards to others users that support their Projects. Creators agree to the following:

Creators agree to attempt, in good faith, the fulfillment of each reward with an estimated delivery date.
Creators are required to fulfill all rewards from their successful campaign or return Backers’ money from reward they can’t fulfill.
Creators can cancel or refund a Backers’ pledge at any time for any reason, and by doing so, Creator is not required to fulfill a reward.
Creators cannot take any action in reliance on having the money pledged until they have the ability to withdraw the money.
Creators can require further information from Backers in other to fulfill some rewards requirements such as t-shirt size, color preference, or any other specification and mailing address after the deadline has arrived.

Fees and Payments

Joining the Site is free, however if you are a Project Creator you agree Antrocket to retain a service fee for using the website. If you use a service that may require a fee, you will have the opportunity to review and accept the fees. Once the Backer accept the fees, Antrocket will charge each Backer the amount pledge for the project. All payments and deposits are collected by an online payment service which will accept as method of payment Visa, Mastercard®, American Express®, Paypal Or debit account. From the total goal amount collected, 91% will be distributed by our payment partner to the Creator once the deadline and the goal amount are met. The remaining 9% will be distributed between the payment partners as a transactional fee of 4% and to Antrocket as a Service Fee of 5%. If the amount goal for a Project is not met, Antrocket will notify Backers via e-mail about the unsuccessful Project, giving the opportunity within 60 days after the notification to support another Project of the Backers’ choice in the same or a different category. Backers have up to 60 days after the notification date to ask for a refund. To ask for refund, send an e-mail to refund@antrocket.com with your full name, Antrocket’s user ID, refund amount and mailing address and include in the E-mail Subject the word ‘REFUND’ along with the project name. If you ask for a refund, the value of your payment will be deducted from your credits. After the 60 days term, the remaining credits will be transferred to an escrow account to be donated to projects selected by the Antrocket Community. Antrocket Community will select through an online poll projects to donate the Community Fund contained in the escrow account.

You are responsible for paying all fees and applicable taxes associated with your use of the Site. Antrocket makes no representations regarding the deductibility of any contribution for tax purposes. Please consult your tax advisor for more information. In the event a Project listed is removed from the Site for violating the Terms and Conditions of Use, all fees paid will be non-refundable, unless in its sole discretion Antrocket determines that a refund is appropriate.

Third Party Intellectual Property

Antrocket may, in appropriate circumstances and at its discretion, terminate the accounts of users who infringe the intellectual property rights of others. Antrocket will remove infringing materials in accordance with the Digital Millennium Copyright Act if properly notified that content infringes copyright. If you believe that your work has been copied in a way that constitutes copyright infringement, please provide the Site’s Copyright Agent with a written notification containing at least the following information (please confirm these requirements with your legal counsel, or see Section 512(c)(3) of the U.S. Copyright Act, 17 U.S.C. §512(c)(3), for more information):

an electronic or physical signature of the person authorized to act on behalf of the owner of the copyright interest;
a description of the copyrighted work that you claim has been infringed;
a description of where the material that you claim is infringing is located on the Site, sufficient for the Company to locate the material;
your address, telephone number, and email address;
a statement by you that you have a good faith belief that the disputed use is not authorized by the copyright owner, its agent, or the law; and
a statement by you that the above information in your notice is accurate and, under penalty of perjury, that you are the copyright owner or authorized to act on the copyright owner's behalf.

If you believe that your work has been removed or disabled by mistake or misidentification, please provide the Site’s Agent with a written counter-notification containing at least the following information (please confirm these requirements with your legal counsel or see Section 512(g)(3) of the U.S. Copyright Act, 17 U.S.C. §512(g)(3), for more information):

a physical or electronic signature of the subscriber/user of the Site;
identification of the material that has been removed or to which access has been disabled and the location at which the material appeared before it was removed or access to it was disabled;
a statement made under penalty of perjury that the subscriber has a good faith belief that the material was removed or disabled as a result of mistake or misidentification of the material to be removed or disabled; and
the subscriber's name, address, telephone number, and a statement that the subscriber consents to the jurisdiction of the Federal District Court for the judicial district in which the address is located, or if the subscriber's address is outside of the United States, for any judicial district in which the service provider may be found, and that the subscriber will accept service of process from the person who provided notification under subsection (c)(1)(C) or an agent of such person.

You acknowledge that if you fail to comply with all of the aforementioned notice requirements, your notification or counter-notification may not be valid and that Antrocket may ignore such incomplete or inaccurate notices without liability of any kind. Under Section 512(f) of the Copyright Act, 17 U.S.C. §512(f), any person who knowingly materially misrepresents that material or activity is infringing or was removed or disabled by mistake or misidentification may be subject to liability.

Our designated agent for notice of alleged copyright infringement is:

Antrocket

PMB 486, 1353

Luis Vigoreaux Blvd.

Guaynabo, PR 00966

License to Your Content:

By submitting your content (including user submissions and project) on the Site, you acknowledge that you are publishing your content, and that you may be identified publicly by your username in association with your content.

By submitting your content (including user submissions and Project) on the Site, you hereby do and shall grant, and you represent and warrant that you have the right to grant, Antrocket a worldwide, non-exclusive, perpetual, irrevocable, royalty-free, fully paid, sublicensable (including to other Site users) and transferable license (the “Content License”) to: (i) use, edit, modify, reproduce, distribute, prepare derivative works of, display, perform, and otherwise fully exploit your content in connection with the Site, Antrocket (and its successors and assigns’) business, including for promoting and redistributing part or all of the Site (and derivative works thereof) in any media formats and through any media channels (including third party websites) and (ii) if you are a Creator, use and publish, and to permit others to use and publish, the name(s), trademarks, service marks, slogans, logos or similar proprietary rights, likenesses, and personal and biographical materials of you and the members of your group, in connection with the provision of the service on the Site.
You agree to irrevocably waive (and cause to be waived) any claims and assertions of moral rights or attribution with respect to your content. For clarity, the foregoing license grant to Antrocket does not affect your other ownership or license rights in your content, including the right to grant additional licenses to the material in your content, unless otherwise agreed in writing. You agree to pay all royalties and other amounts owed to any person or entity due to your submission of your content on the Site or the Antrocket exercise of the Content License above.
If you provide Antrocket any feedback or suggestions regarding the Site (“Feedback”), you hereby assign to Antrocket all rights in the Feedback and agree that Antrocket shall have the right to use such Feedback and related information in any manner it deems appropriate. Antrocket will treat any Feedback you provide to Antrocket as non-confidential and non-proprietary. You agree that you will not submit to Antrocket any information or ideas that you consider to be confidential or proprietary.

Third Party Site:

The Site may permit you to link to other websites or resources on the Internet, and other websites or resources may contain links to the Site. When you access third party websites, you do so at your own risk. These other websites are not under Antrocket control, and you acknowledge that Antrocket is not responsible or liable for the content, functions, accuracy, legality, appropriateness or any other aspect of such websites or resources. The inclusion of any such link does not imply endorsement by Antrocket or any association with its operators. You further acknowledge and agree that Antrocket shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any such Content, goods or services available on or through any such website or resource.

Modification:

Any changes to this Terms of Use will be effective upon the earlier of thirty (30) days following our dispatch of an e-mail notice to you or thirty (30) days following our posting of notice of the changes on our Site. These changes will be effective immediately for new users of our Site. It is your responsibility to review this Agreement periodically due to Antrocket reserved right to modify this Agreement from time to time without notice and in its sole discretion at any time by updating this web page. Your continued use of the Site after any modifications by Antrocket shall constitute your acceptance of such modifications.

Security of the Site:

Antrocket maintains physical, electronic, and procedural safeguards and personnel policies that are designed to guard the Site, our systems and our customers' personal information. Unfortunately, no data transmission over the Internet can be guaranteed to be absolutely secure. As a result, while Antrocket strives to protect your personal information, Antrocket cannot ensure or warrant the security of any content you transmit to us, and you do so at your own risk. In the event of a breach of the confidentiality or security of your personal information, Antrocket will notify you as necessary so you can take appropriate protective steps. Unless you indicate otherwise, we may notify you under such circumstances using the email address you provided to us when you registered with the Site.

Notification:

When you visit the Site, use the Services or send emails to Antrocket, you are communicating with us electronically. You consent to receive communications from Antrocket electronically. Antrocket may communicate with you by email or by posting notices on the Site. You agree that all agreements, notices, disclosures and other communications that Antrocket provides to you electronically satisfy any legal requirement that such communications be in writing.

Termination:

Antrocket reserves the right, in its sole discretion, to place limits on, change, suspend, or discontinue the Site (including the availability of any feature, database, or content) at any time, with or without notice to you. Antrocket may also restrict or terminate your access to parts or the entire Site with or without notice or cause, and without liability (which may result in the forfeiture and destruction of all information associated with your account and cancellation of all pledge amounts). If you wish to terminate your account, you may do so by following the instructions on the Site. Any fees paid hereunder are non-refundable. All provisions of the Terms and Conditions of Use which by their nature should survive termination shall survive termination, including ownership provisions, warranty disclaimers, indemnity and limitations of liability.

Warranty Disclaimer:

Antrocket has no special relationship with or fiduciary duty to you. You acknowledge that Antrocket has no control over, and no duty to take any action regarding: which users gains access to the Site; what content you access via the Site; what effects the content may have on you; how you may interpret or use the content; or what actions you may take as a result of having been exposed to the content. You release Antrocket from all liability for you having acquired or not acquired content through the Site. The Site may contain, or direct you to websites containing, information that some people may find offensive or inappropriate. Antrocket makes no representations concerning any content contained in or accessed through the Site, and Antrocket will not be responsible or liable for the accuracy, copyright compliance, legality or decency of material contained in or accessed through the Site.

The site is provided “as is” and “as available” and is without warranty of any kind, express or implied, including the implied warranties of title, non-infringement, merchantability and fitness for a particular purpose, and any warranties implied by any course of performance or usage of trade, all of which are expressly disclaimed. Antrocket, and its related entities, do not warrant that: (a) the site will be secure or available at any particular time or location; (b) any defects or errors will be corrected; (c) any content or software available at or through the site is free of viruses or other harmful components; or (d) the results of using the site will meet your requirements. Your use of the site is solely at your own risk.

Some states do not allow limitations on how long an implied warranty lasts, so the above limitations may not apply to you.

Indemnification:

You shall defend, indemnify, and hold harmless Antrocket, its affiliates, and each of its and its affiliates’ employees, contractors, directors, suppliers, and representatives from all liabilities, claims, and expenses, including reasonable attorneys' fees, that arise from or relate to your use or misuse of, or access to, the Service and content, or otherwise from your User Submissions, violation of the Terms of Use, or infringement by you, or any third party using your account, of any intellectual property or other right of any person or entity. Antrocket reserves the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, in which event you will assist and cooperate with Antrocket in asserting any available defenses.

Limitation of Liability:

In no event shall Antrocket, nor its directors, employees, agents, partners, suppliers, or content providers, be liable under contract, tort, strict liability, negligence, or any other legal or equitable theory with respect to the service (i) for any lost profits, data loss, cost of procurement of substitute goods or services, or special, indirect, incidental, punitive, or consequential damages of any kind whatsoever, substitute goods or services (however arising), (ii) for any bugs, viruses, Trojan horses, or the like (regardless of the source of origination), or (iii) for any direct damages in excess of (in the aggregate) one hundred U.S. dollars ($100.00). Some states or countries do not allow the exclusion or limitation of incidental or consequential damages, so the above limitations and exclusions may not apply to you.

Jurisdiction and Governing Law:

We make no representations that the Site, Site Information, the Services or products offered through Site are appropriate, available or legal in any particular location. Those who choose to access the Site, Site Information, or the Services and products offered through Site do so on their own initiative and are responsible for compliance with local laws, if and to the extent local laws are applicable. You agree that these Terms, for all purposes, shall be governed and construed in accordance with the laws of the Commonwealth of Puerto Rico and any action based on or alleging a breach of these Terms must be brought in a state or federal court located in the Commonwealth of Puerto Rico, and both parties agree to submit to the exclusive personal jurisdiction and venue of such courts.

Conflict with Other Agreements:

These Terms are in addition to, and do not nullify, any other agreement between you and Antrocket or any other applicable terms and conditions found on the Site. In the case of any direct conflict between these Terms and any other agreement between you and Antrocket, the provisions of such other agreement shall control but only to extent applicable to the conflicting provisions. You agree to comply with all rules or restrictions that are posted on the Site. Notwithstanding the above, when you leave the Antrocket Site to use the payment partner website in order to make a donation, your use of that service is governed by their Privacy Notice and their User Agreement. In addition, when you leave the Site to use the payment partner website in order to make a donation, your use of that service is governed by their User Agreement and Payment Privacy Notice.

Use of Antrocket Trademarks:

The trademarks, logos, and service marks ("Marks") displayed on the Site are registered trademarks of their respective owners, are the property of their respective owners, and/or are protected by U.S. and international trademark laws and/or common law. Their uses are restricted to programs, events, products or services that Antrocket sponsors or with which we are otherwise affiliated. Antrocket's trademarks may not be used for personal financial gain. Use of the Marks is prohibited without Antrocket's express written consent except as permitted by applicable laws. Nothing contained on the Site should be construed as granting, by implication, estoppel, or otherwise, any license or rights to use the Marks without Antrocket's express written consent.

Property:

Any update, modification or change to Antrocket or Innovation Fund platform belongs to Innovation Fund, Inc.

Separability:

In the event that one or more provisions of these Terms shall, for any reason, be held to be unenforceable, the remaining provisions will remain in full force and effect.

Headings:

The headings used throughout these Terms of Use are solely for the convenience of reference and are not to be used as an aid in the interpretation of these Terms of Use.

No Waiver:

Any delay or failure by you or Antrocket, at any time or times, to require performance of any provision of these Terms of Use shall in no manner affect your or Antrocket right at a later time to enforce such provision. No delay or failure of you or Antrocket in exercising any right hereunder shall constitute a waiver of such right or any other rights hereunder.

Entire Agreement:

These Terms make up the entire agreement between you and Antrocket regarding the Site and supersede any prior agreements.

Assignment:

You may not assign your rights or delegate your responsibilities hereunder without express written permission of Antrocket. Antrocket may, at any time, assign its rights or delegate its obligations hereunder without notice to you.

Third Party Beneficiary Right:

No person not a party to these Terms of Use is intended to be a beneficiary of these Terms of Use, and no person not a party to these Terms of Use shall have any right to enforce any term of these Terms of Use.