Overview; ownership of the Services
Thank you for your interest in the CoinaPhoto website (the “Site”) (and related mobile applications and embedded viewer) and the search, advertising and other services (collectively, the “Services”) offered by [CoinaPhoto FZ-LLC], a free zone limited liability company established in Dubai Internet City, Dubai, United Arab Emirates (“CoinaPhoto”). All proprietary rights associated with the Services are owned by or licensed to CoinaPhoto.
By using our Services, you agree to these terms and conditions (the “CoinaPhoto Terms”). As used in the CoinaPhoto Terms, “you” or “publisher” means the individual or entity using the Services (and/or any individual, entity or successor entity, agency or network acting on your behalf), “we,” “us” or “CoinaPhoto” means [CoinaPhoto FZ-LLC], and the “parties” means you and CoinaPhoto.
CoinaPhoto Accounts; access to the Services
Your use of certain Services is subject to your creation of a new CoinaPhoto account (an “Account”) and our approval of such Account. You may also use your existing Facebook, Google+, or Twitter account (each a “Third-Party Account”) to access these Services, subject to our approval. We have the right to refuse, terminate or limit your access to the Services for any reason and at any time. By submitting an application to use the Services, you represent that you are at least 18 years of age. You may only have one Account.
When you sign up for an Account, we will send you a verification email to the email address you have provided to verify the information you have provided and your identity. The verification email will contain a link that will enable you to activate your Account. We may introduce additional security or verification procedures relating to Account opening and access from time to time.
Purchasing and Redeeming Tokens
CoinaPhoto permits and encourages you to purchase CoinaPhoto tokens (“Tokens”) for use on the Site. Purchasing and using Tokens is one of the key benefits of the Site, as many of the Site features require the use of Tokens. The Tokens are a non-refundable product and are not currency and do not represent cash, and have no intrinsic value. CoinaPhoto does not maintain bank accounts or similar accounts for users, and your Account is not a bank account. We provide an accounting of your balance of Tokens for convenience purposes, and the amount for which we may agree to redeem them. All cash transactions made through your Account are made by third parties (such as PayPal or through the credit card associated with your Account). The purchase and use of Tokens is a fun way to use the Site, but Tokens have no intrinsic value. The face value or nominal value of each Coin is purely symbolic, and while we will use our best efforts to redeem Tokens for their full face value, we make no guarantee that we will always be willing or able to do so, or that redemption will be available at all times. If we cease carrying on business or cease operating the Site, or if we become insolvent, we may not offer redemption of Tokens and any unredeemed Tokens will be considered forfeited.
The number of Tokens in your Account may increase or decrease due to transactions carried out on the Site. In any 24 hour period, you are limited to transferring a maximum number of Tokens to other users representing a nominal value of US$ 50.00. If at any time your Account holds Tokens with a nominal value greater than US$ 50.00, we will be entitled to redeem Tokens sufficient to reduce your Account’s nominal balance.
Every user account has a daily token redemption limit of 100 Coinaphoto tokens (or equivalent ). Once you have reached this limit, no further token redemption may be possible for a period of up-to 24 hours.
For more information click "Further official information" below.