Please read the following Terms and Conditions ("Terms and Conditions") carefully. These Terms and Conditions affect your legal rights.
CrownBits Rewards, Inc. ("Company", "our", or "we") offers the CrownBits Rewards Program ("Program") through www.crownbits.io and related websites, software applications, and mobile applications ("Company Properties") under these Terms and Conditions. The Program allows its members the opportunity to earn Bitcoin on purchases made via Company Properties. These Terms and Conditions constitute a legally binding agreement between each individual who enrolls in the Program ("Member" or "you") or otherwise uses any one of the Company Properties. By enrolling in the Program or using any of the Company Properties, you acknowledge that you have read and understood these Terms and Conditions, and will be bound by all of the Terms and Conditions.
The Company may modify these Terms and Conditions at any time, and may or may not provide notice of any such modification. Any and all modifications to these Terms and Conditions will take immediate effect. If you continue to use Company Properties after any such modification to these Terms and Conditions, it shall be deemed that you accept any such modification. If you do not agree to be bound by these Terms and Conditions, do not enroll in the Program and do not use any of the Company Properties. If you do not agree to any modification of these Terms and Conditions, you must immediately cease use of any and all Company Properties, and you acknowledge that all unclaimed Bitcoin you have been credited with is forfeited to the Company.
The Company reserves the right, in its sole discretion, to cancel a Member's Account for the Program in the event of any misuse of the Program. Cancelling a Member's Account for misuse includes, but is not limited to, a violation of the Terms and Conditions, gaming or fraudulently obtaining Rewards (see Section 5.a) from the Company, or a violation of any law or regulation applicable to the Member.
Subject to the Terms and Conditions, the Company hereby grants you a non-exclusive, non-transferable license (without the right to sublicense) to access and use Company Properties for your personal use to access the Program. You agree that you obtain no rights other than the rights and licenses expressly granted in the Terms and Conditions. The Company reserves the right to change, upgrade, or discontinue the Program and any Company Properties, and/or any feature of the Program or Company Properties, at any time, with or without notice. All rights not expressly granted under the Terms and Conditions are reserved by the Company or its licensors.
You agree that you will not attempt to damage, disable, overburden, or impair any Company Properties, or interfere with any other Member's use of any Company Properties. You agree that you will not attempt to gain unauthorized access to any Company Properties and/or derive any financial benefit from the Company through hacking, password mining, reverse engineering, or any other means. In addition to our rights pursuant to these Terms and Conditions, the Company may take any legal action and implement any technical remedies to prevent the violation of this provision and to enforce these Terms and Conditions.
Earnings and Exclusions
Overview: The Company receives compensation from online stores, brands, affiliate programs, firms, merchants and other entities partnered with the Company ("Affiliate Participants") for select Online Purchases and transactions (see Section 5.b) in the Program. The Company issues a portion of this compensation to Members of the Program as Rewards ("Rewards"). Participation in the Program and the opportunity to earn Rewards in the Program are offered at the sole discretion of the Company, and subject to your compliance to these Terms and Conditions.
Online Purchases: In order to earn Rewards through online purchases, you must become a Member of the Program and have an Account created by the Company, be signed in to one of the Company Properties, allow or enable cookies and third-party cookies when using Company Properties, not use any advertisement blocking applications or software, click on any one of the shopping links provided within the Company Properties, purchase a product, service, and/or action that does not constitute Rewards Exclusions (see Section 5.c), and complete your single purchase transaction during the same shopping session you started after clicking on the shopping link. If you block or disable cookies and third-party cookies when using Company Properties, you will not be able to earn Rewards on your purchase transaction, as cookies are necessary to authenticate the user of the shopping links, verify the Member and their Account is eligible to receive Rewards, and track the credit of online purchase transactions. If you visit other websites or use other applications or software including, but not limited to, couponing services, loyalty programs, or financial services prior to completing your single purchase transaction, your purchase might not be observable to the Company and Company Properties, and consequently you might not earn Rewards on your purchase transaction.
Rewards Exclusions: Rewards are earned on net purchase amounts only, excluding taxes, fees, processing, shipping, handling, delivery, tips, gift wrapping, discounts, credits, returns, exchanges, cancellations, and extended warranties or support. Purchases of gift cards are excluded from earning Rewards. Rewards compensation rates and amounts vary by store, product or service category, and from time to time, and may contain exclusions in the terms of the Rewards offered to you. Please review these terms carefully. The Company uses reasonable efforts to maintain an up-to-date list of exclusions, and to ensure that you are provided current and correct Rewards compensation information. The list of exclusions and Rewards compensation information are subject to change without notice, and the Company hereby disclaims any and all liability in connection with any incorrect information or failure to include information on the list of exclusions, or for Rewards compensation rates and amounts.
Calculation of Rewards: The Company calculates your Rewards on the date of your Online Purchases less Rewards Exclusions, whereby the Company records the cash value of compensation anticipated to be paid by Affiliate Participants to the Company, which may or may not be in the same currency as your Online Purchases. The Company will, upon the day the Company completes its reconciliation of compensation from the Affiliate Participants corresponding to your Online Purchases, convert your Rewards portion of the compensation from the currency terms received by the Affiliate Participants to Bitcoin terms. The conversion rate of exchanging the received currency to Bitcoin shall reasonably reflect the spot market rate on the day the Company completes its reconciliation of compensation from the Affiliate Participants corresponding to your Online Purchases. Once your Account has been credited with your Rewards, the value of your Rewards are subject to any adjustments in the currency-to-Bitcoin conversion rate made pursuant to these Terms and Conditions.
Limitation of Rewards: You must redeem your Rewards (see Section 8) if the balance reaches $1000.00 in the domestic currency accompanying your jurisdiction of residence. You will be notified up to 3 times once at the start of every 5 consecutive business days in an electronic form through the email address you provided to the Company to redeem your rewards. At the end of the 15th business day, further notifications will cease. In the event you fail to act on any of these notifications by redeeming your rewards balance such that your new rewards amount would be less than $1000.00 in the domestic currency accompanying your jurisdiction of residence, the Company reserves the right to cease crediting your online purchases.
Affiliate Participants Policies
Any products, services, or actions purchased from any Affiliate Participants through Online Purchases in the Program are governed by and subject to the applicable Affiliate Participants' policies, including any applicable return, exchange, cancellation, processing, shipping, handling, and delivery policies. The policies of Affiliate Participants may or may not affect your opportunity to earn Rewards in the Program, irrespective of any compensation the Company anticipates to receive from Affiliate Participants or the Calculation of Rewards for your Account. You agree that the Company is not an agent of any Affiliate Participant, and that Affiliate Participants operate independently from the Company and the Program. You further agree that your participation in any Affiliate Participants' offers, programs, or promotions, or engagement in correspondence with and Affiliate Participants is solely between you and any Affiliate Participants. The Company does not assume any liability, obligation, ownership, or responsibility for any such offers, programs, promotions, or correspondence, including, without limitation, the withdrawal or modification of any such offers, programs, or promotions. The Company is not liable, obligated, or responsible for any withdrawal of any Affiliate Participants from the Program, or the modification of any Affiliate Participants in the Program, of for any effect the withdrawal or modification of any Affiliate Participants causes for your Rewards.
Bonuses and Other Rewards
The Company may or may not elect to offer bonuses and/or other Rewards for the completion of specific actions. If these Terms and Conditions differ from the terms and conditions accompanying such bonuses and/or other Rewards, the terms and conditions of the bonuses and/or other Rewards will govern how they are earned and paid. The Company reserves the right to deny, withhold, cancel, or debit any bonuses and/or other Rewards earned or paid and/or enact Membership Cancellation at any time if, in its sole discretion, the Company deems any bonuses and/or other Rewards as being earned or paid as a result of any Member action that violated these Terms and Conditions or the terms and conditions accompanying the bonuses and/or other Rewards.
Requirements: In order to redeem or transfer any accrued Rewards outside the Program, as a condition, you must become a Member of the Program and maintain an Active Account (see Section 9). When redeeming Rewards through any method in the Program, you must redeem a minimum Rewards value of $9.00 in the domestic currency accompanying your jurisdiction of residence in Rewards at a time. You may elect to redeem more than $9.00 in the domestic currency accompanying your jurisdiction of residence in Rewards at one time. The Company may modify the minimum redemption amount, or impose a maximum redemption amount at any time, with or without notice, in accordance with these Terms and Conditions. If you elect to redeem your Rewards in Bitcoin terms, you must provide the Company with a valid Bitcoin address. It is your responsibility to ensure the Bitcoin address you provide to the Company is correct. The Company is not liable or responsible for the redemption of any Rewards to a Bitcoin address that you may deem incorrect or invalid. If you elect to redeem your Rewards in gift card terms, you must provide the Company with valid information for the purposes of processing this method of redeeming your Rewards. Gift cards are subject to the terms and conditions of the gift card issuer and the applicable Affiliate Participants' policies. The Company is not liable or responsible for the redemption of any Rewards in gift card terms that you may deem incorrect or in error. All Rewards redemptions will be subject to a deduction of the Company's transaction fees on the day any Rewards redemptions are requested by you. You further agree to provide any additional information to the Company that may be reasonably requested for the purposes of verifying your identity, validating the legitimacy of any of your Online Purchases and/or Rewards redemptions, and ensuring the Company, its Members, and/or you are in compliance with any federal, or provincial/state laws or regulations as a condition for redeeming any Rewards.
Delays: Please be aware that the Company's timing in the Calculation of Rewards and subsequent payment of Rewards can vary depending on the policies and reporting schedules of individual Affiliate Participants. The Company reserves the right to delay Calculation of Rewards and payment of Rewards for any Online Purchase in the Program based on changes to Affiliate Participants' policies and reporting schedules at any time. The Company is not liable or responsible for errors or delays in the redemption of Rewards made by partners of the Company.
Account Adjustments: In its sole discretion, the Company may or may not deduct Rewards from your Account in order to adjust for returns, cancellations, or other activities that affect the Calculation of Rewards for Online Purchases in the Program and compensation the Company is paid or anticipates to be paid from Affiliate Participants. Any and all such adjustments will be made in accordance with these Terms and Conditions, any applicable policies and terms of the Company, the terms of the according Affiliate Participants, and any and all applicable federal, or provincial/state laws or regulations. It is the sole discretion of the Company to decide whether any Online Purchase made through any Affiliate Participants qualifies for earning Rewards in the Program. If Online Purchases are made through Affiliate Participants where such Affiliate Participants fail to report to the Company, or fail pay the anticipated compensation to the Company for any reason, the Company reserves the right to cancel any and all Rewards corresponding to such Online Purchases. It is your responsibility to monitor your Account often and confirm that the Company has correctly performed the Calculation of Rewards and paid your Rewards to your Account in accordance with these Terms and Conditions. If you deem that the Calculation of Rewards and/or the payment of your Rewards to your Account has been incorrectly performed, you must contact the Company within ninety (90) days of the Company's payment of your Rewards to your Account. If you do not agree with any adjustments made to the Calculation of Rewards, or payment of Rewards to your Account, your sole remedy is to withdraw from the Program.
Expiration: Your Rewards do not expire. The Company, however, reserves the right to cancel your Account with or without notice if you do not maintain an Active Account (see Section 9), or for any reason set out in these Terms and Conditions. If your Account has been cancelled, you must contact the Company to request the reinstatement of your Account. If the Company reinstates your Account, any and all earned Rewards in your Account at the time your Account was cancelled are also reinstated.
Taxes: Depending on the tax laws in your federal, provincial/state, and local jurisdiction of residence, you may be taxed on your receipt, accrual, or disposition of Rewards, and Bonuses and Other Rewards in the Program. You agree that you are solely responsible for any and all tax liabilities out of the consideration received in connection with any and all Rewards-earning activities and opportunities in the Program.
Maintaining Your Account
Updating Your Account: You agree to keep the information you provide to the Company for your Account up-to-date, complete, and accurate to the best of your knowledge by routinely inspecting the information you provide and updating such information upon any changes that you are aware of. You must provide and update the information you provide to the Company through Company Properties by logging in to your Account and providing your Account login credentials. You agree to keep your Account login credentials confidential, and any and all use of your Account will be deemed by the Company to be by you. The Company is entitled to act on any and all instructions received from your Account, and is not responsible for any Online Purchases, earning of Rewards, or redemption of Rewards made to your Account by someone else who provides the Company your credentials to login to your Account. If your Account becomes compromised, you must immediately update your Account login credentials and notify the Company of your compromised Account. If you fail to immediately notify the Company of any such compromising of your Account, you agree that the Company is entitled to assume that any instruction received from your Account has been authorized by you, and the Company is not obligated to inquire about the propriety of such instruction.
Maintaining Your Active Account: To maintain an Active Account, you must have, within the past twelve (12) months, either logged in to your Account, provided the Company with updated information for your Account, started an online shopping session through any Company Properties, earned Rewards, or redeemed Rewards. If you have not performed any one of these actions within the past twelve (12) months, the Company, except where prohibited by applicable law, reserves the right to debit your Account Rewards $15.00 in the domestic currency accompanying your jurisdiction of residence per month ("Maintenance Fee") to recover the Company's cost of maintaining your Account until you reactivate your Account by either logging in to your Account, providing the Company with updated information for your Account, starting an online shopping session through any Company Properties, earning Rewards, or redeeming rewards, or until your Account Rewards value is equal to zero (0). If your inactive Account Rewards value is zero (0) at the time it begins being inactive, becomes zero (0) after becoming inactive, or is debited to zero (0) by the Maintenance Fee, the Company reserves the right, in its sole discretion, to permanently close your inactive Account and immediately cease maintenance of your Account records and your access to the Program. The Maintenance Fee will not debit your Account Rewards value below zero (0), and will not cause you to owe money to the Company.
The Company may solicit or invite you to provide feedback, reviews, comments, ideas, suggestions, responses, or other information about the Program, Company Properties, and/or the Company. The Company may or may not offer you Bonuses and Other Rewards in exchange for such information. You agree to grant the Company, except where prohibited by applicable law, a nonexclusive, perpetual, irrevocable, royalty-free, and fully sublicensable right to use, reproduce, modify, analyze, adapt, translate, perform, publish, present, distribute, and display such information in any media and for any legal purpose including, but not limited to, the right to use such information in marketing, advertising, and promotional materials, and to improve the Program, Company Properties, and/or other products and services offered or yet to be offered by the Company.
By enrolling as a Member in the Program, you agree that you will not use the Program or Company Properties to transmit any content or engage in communications toward any other Member of the Program, Affiliate Participants, Company Properties, the Program, the Company or its partners, employees, contractors, or agents ("Content Recipients") that are unlawful or promotes unlawful activities, or defames, harasses, abuses, threatens, inflames, or incites violence, or is pornographic, discriminatory, victimizes, offends, or intimidates on grounds of religion, race, ethnicity, nationality, age, gender, sexual orientation, or disability. You agree that you will not use the Program or Company Properties to transmit spam, unauthorized or unsolicited advertising, chain letters, lottery or gambling, or any other unauthorized solicitation personally, by machine, by scripts or software, randomly, or by any other means to any Content Recipients. You agree that you will not use the Program or Company Properties to transmit content or communications that contains or installs any viruses, worms, malware, ransomware, Trojan horses, or any other content that is designed or with the intention to disrupt, damage, deny, or limit the function of or obtain unauthorized access to any systems, data, or other information of any Content Recipients. You further agree that you will not use the Program or Company Properties to transmit content or communications that infringes on any proprietary rights of any Content Recipients, including patents, trademarks, trade secrets, copyrights, right of publicity, or other rights, or impersonates any Content Recipients. The Company reserves the right, in its sole discretion, to remove any and all such content and/or communications that it deems in violation of these Terms and Conditions without notice, and enact Membership Cancellation in accordance with these Terms and Conditions.
The Company or its partners retain ownership of all right, title, and interest in the Program and Company Properties, including all copyrights, patents, trademarks, and other proprietary rights. The Company shall maintain all right, title, and interest in the "CrownBits Rewards" mark, the CrownBits Rewards logo, and all other identifying marks, service marks, proprietary marks, trademarks, and logos of the Company that appear, are displayed, or are used in the Program and Company Properties. These Terms and Conditions do not transfer any Company intellectual property or intellectual property of its partners from the Company to you. These marks may not be used, copied, reproduced, downloaded, modified, or distributed in any way without the express written consent of the Company. Any and all other trademarks not owned by the Company that appear, are displayed, or are used in the Program and Company Properties are the property of their respective owners.
You agree to indemnify the Company and its Affiliate Participants for any and all claims, liability, damages, expenses, losses, and costs including, but not limited to, attorneys' fees and court costs caused by, arising from, or relating to your violation of these Terms and Conditions, or your infringement of any intellectual property or other right of the Company, its Affiliate Participants, or any other party. You further agree to fully cooperate as reasonably required in the Company's defence and/or settlement of any claim. The Company reserves the right, in its sole reasonable discretion, to assume exclusive control over the defence and settlement of any matter that is subject to indemnification by you.
THE COMPANY EXPRESSLY DISCLAIMS, TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, ALL WARRANTIES OF ANY KIND AS TO THE PROGRAM, COMPANY PROPERTIES, AND ALL INFORMATION, PRODUCTS, SERVICES, AND OTHER CONTENT WHICH MAY OR MAY NOT BE PROVIDED BY OTHER PARTIES INCLUDED IN OR ACCESSIBLE FROM THE PROGRAM OR COMPANY PROPERTIES, EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF TITLE, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. THE PROGRAM AND ALL COMPANY PROPERTIES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. THE COMPANY MAKES NO WARRANTY AS TO THE QUALITY, ACCURACY, CURRENTNESS, COMPLETENESS, RELIABILITY, OR VALIDITY OF THE PROGRAM OR COMPANY PROPERTIES, INCLUDING, WITHOUT LIMITATION, PRODUCT OR SERVICE SEARCH RESULTS, PRODUCT OR SERVICE DESCRIPTIONS, PRODUCT OR SERVICE AVAILABILITY, PRODUCT OR SERVICE PRICING INFORMATION, ACCOUNT TRANSACTION RECORDS, OPINIONS, STATEMENTS, RECOMMENDATIONS, REVIEWS, OR OTHER INFORMATION OR MATERIALS DISPLAYED, UPLOADED, DISTRIBUTED, OR ACCESSIBLE IN CONNECTION WITH THE PROGRAM OR COMPANY PROPERTIES. THE COMPANY DOES NOT WARRANT THAT THE PROGRAM OR COMPANY PROPERTIES OR FUNCTIONALITY THEREOF WILL BE RELIABLE OR UNINTERRUPTED, ERROR-FREE, TIMELY, SECURE, ACCURATE, OR THAT DEFECTS WILL BE CORRECTED, OR THAT THEY WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS, OR THAT THEY WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS. THE COMPANY DOES NOT WARRANT, GUARANTEE, OR MAKE ANY REPRESENTATIONS REGARDING THE QUALITY OR ACCURACY OF THE COMPANY'S MARKETING, ADVERTISING, OR PROMOTIONAL MATERIALS FOR ANY PRODUCTS OR SERVICES OFFERED BY THE COMPANY, OR PROVIDED BY ITS AFFILIATE PARTICIPANTS IN CONJUNCTION WITH THE PROGRAM. NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED BY YOU FROM THE COMPANY OR THROUGH COMPANY PROPERTIES WILL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS AND CONDITIONS.
Limitation of Liability
YOU AGREE THAT, TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, UNDER NO CIRCUMSTANCES WILL THE COMPANY OR ITS AFFILIATE PARTICIPANTS BE LIABLE FOR ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, STATUTORY, PUNITIVE, OR EXEMPLARY DAMAGES INCLUDING, BUT NOT LIMITED TO, DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. YOU FURTHER AGREE THAT UNDER NO CIRCUMSTANCES WILL THE COMPANY'S TOTAL LIABILITY TO YOU FOR ALL DAMAGES AND LOSSES ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PROGRAM EXCEED THE TOTAL REWARDS YOU HAVE EARNED THROUGH THE PROGRAM WITHIN THE PREVIOUS TWELVE (12) MONTHS.
Under the applicable law of some jurisdictions, particular warranties, or the limitation or exclusion of liability for particular warranties and/or liabilities may not be allowed to be excluded. In accordance with the extent of such laws, some of the limitations in Section 16.a may not apply to you.
These Terms and Conditions are effective when you accept them, and remains in effect until you or the Company terminate your membership in the Program and close your Account. You may terminate these Terms and Conditions at any time by immediately ceasing your use of the Program and any and all Company Properties. The Company may, in its sole discretion, terminate these Terms and Conditions and your use of the Program and any and all Company Properties at any time, with or without notice, and for any reason or no reason. The Company may also, in its sole discretion, at any time, and with or without notice, discontinue, cancel, suspend, modify, or limit access to any and all parts of the Program and/or Company Properties or functionality thereof. You agree that the Company will not be liable for any termination, suspension, modification, or limitation of your access or use of the Program and Company Properties. If the Program is terminated, effective the date of termination your right to access and use the Program and Company Properties, and earn and redeem Rewards, will also terminate. Accordingly, any Rewards that have not been redeemed by the date of termination of the Program will be forfeited to the Company.
Governing Law and Dispute Resolution
These Terms and Conditions are governed by and construed in accordance with the laws of the State of Delaware. You agree to submit to the exclusive jurisdiction and venue of the courts as determined by the Company.
You agree that the sole and exclusive forum and remedy for any and all disputes, claims, or controversies that cannot be resolved informally with the Company, and that relate in any way to or arise out of the Program, will be final and binding arbitration. You further agree to the exception that if you have infringed upon or violated or threatened to infringe upon or violate any intellectual property right of the Company or its Affiliate Participants, or any privacy or publicity rights, arbitration is not an adequate forum and remedy at law, and that the Company, its Affiliate Participants, and/or its partners may seek injunctive or other appropriate relief.
If any part or provision of these Terms and Conditions shall, to any extent, be declared invalid or unenforceable by a court of competent jurisdiction, then the remaining parts or provisions of these Terms and Conditions shall continue to be valid and enforceable to the fullest extent permissible under applicable law.
The headings in these Terms and Conditions are for the sole purpose of convenience only, and shall in no way affect the interpretation of these Terms and Conditions.
These Terms and Conditions constitute the entire agreement between you and the Company, and supersedes any and all prior agreements, communications, and understandings, written or oral, with respect to the Program, Company Properties, and any and all prior versions of these Terms and Conditions.
Last Updated: May 8, 2023
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