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Decentralized Autonomous Organization

Terms Of Use

Terms of Use for BlockumDAO.org

1. Introduction

Welcome to Blockum DAO, a pioneering Decentralized Autonomous Organization (DAO) that champions the cultivation and support of promising business opportunities and startups on a global scale. Leveraging the power of blockchain technology, Blockum DAO is committed to fostering innovation, facilitating access to funding, and providing a collaborative platform for entrepreneurs and investors worldwide. This document outlines the terms governing your use of the BlockumDAO.org website and all associated services. It serves as a legal agreement between you (the user) and Blockum DAO, dictating the rules and guidelines for accessing and using our digital platform.

2. Acceptance of Terms

By accessing, browsing, or using the BlockumDAO.org website and its related functionalities, you acknowledge and agree to these Terms of Use and consent to abide by all applicable local, national, and international laws and regulations. Should you disagree with any part of these terms, you must immediately discontinue your access and use of BlockumDAO.org. These terms apply to all users of the site, including visitors, registered members, and contributors to the DAO. Your continued use of the site following any changes to these terms constitutes your acceptance of those changes.

3. Governance and Organizational Structure

Blockum DAO embodies a unique governance model that empowers its global community of members to steer the organization’s direction through a democratic and transparent decision-making process. The DAO is structured to ensure inclusivity, allowing members from various jurisdictions to participate in the ecosystem.

  • Proposal and Voting Mechanism: Members have the privilege to propose initiatives, startups, or projects for funding and support. Proposals are subject to a community voting process, where the outcome is determined by the collective input of the DAO’s participants. This ensures that the projects selected for support align with the community’s interests and the DAO’s strategic objectives.
  • International Participation: Recognizing the diverse international composition of our community, Blockum DAO has implemented multilingual support and cross-jurisdictional operational capabilities to accommodate members from different parts of the world. This global approach is pivotal in fostering a rich, inclusive, and collaborative environment conducive to innovation and mutual growth.
  • Organizational Framework: The DAO’s structure comprises various councils and committees responsible for overseeing different aspects of its operations. This includes the Strategic Council, Technical Committee, and Governance Board, each playing a critical role in the DAO’s governance, technical development, and policy-making processes. Members are encouraged to contribute to these bodies, leveraging their expertise and perspectives to drive the DAO’s success on a global stage.

4. Use of the BlockumDAO.org Website

The BlockumDAO.org website provides a dashboard for interacting with smart contracts, enabling community members to explore opportunities to potentially enhance their gains. The focus is on delivering information, tools, and access to functionalities that facilitate member participation in fostering activities and swaps, aiming at the valorization of the partnership ecosystem.

  • Dashboard and Tools: Access to and use of the dashboard and other tools offered on the BlockumDAO.org site must be conducted in accordance with provided instructions, respecting security guidelines and ethical use of the available technologies.

5. Intellectual Property Rights

The content on the BlockumDAO.org website, including text, graphics, logos, and source code, is protected by copyright and other intellectual property laws. Blockum DAO holds all rights to this content.

  • Content Use: Users are permitted to access and use the site content for personal, non-commercial purposes, provided that they do not modify, distribute, transmit, or use the content in a way that infringes upon the rights of Blockum DAO or third parties.

6. User Conduct and Use Restrictions

Users of the BlockumDAO.org website agree not to use the site for any purpose that is unlawful or prohibited by these Terms of Use. This includes, without limitation, the prohibition on:

  • Malicious Use: Using the site to publish or transmit any unlawful, defamatory, abusive content, or that infringes on privacy and rights of others.
  • Prohibited Activities: Engaging in activities that could damage, disable, overburden, or impair the site or interfere with any other party’s use and enjoyment of the site.

7. Limitation of Liability

Blockum DAO shall not be liable for any direct, indirect, incidental, special, or consequential damages resulting from the use or the inability to use the BlockumDAO.org site.

  • Disclaimer of Warranties: The site and all content and services provided through it are made available on an “as is” basis, without warranties of any kind, either express or implied, including, but not limited to, warranties of merchantability, fitness for a particular purpose, and non-infringement.

9. Jurisdiction, Governing Law, and Dispute Resolution

These Terms of Use and any disputes arising under or related to them shall be governed by and interpreted in accordance with the laws of the jurisdiction in which Blockum DAO is registered, adhering to the principles without giving effect to any conflict of laws provisions. Disputes and conflicts under these Terms of Use shall initially be resolved in accordance with the internal resolution mechanisms of Blockum DAO, aimed at a fair and timely resolution.

  • Internal Resolution: Blockum DAO employs specific norms for dispute and conflict resolution, prioritizing internal mechanisms to address and resolve issues amicably within the community. This includes a structured process for raising concerns, mediation by designated community members or committees, and efforts to reach a mutually satisfactory resolution.
  • Legal Proceedings: In instances where an internal resolution is not possible, or a dispute escalates beyond the capabilities of the internal mechanisms, legal action or proceeding relating to the access to, or use of, the BlockumDAO.org site or these Terms of Use shall be instituted in the competent courts of the jurisdiction where Blockum DAO is registered. By using this site, you agree to submit to the jurisdiction of such courts and acknowledge that this represents the final recourse for the resolution of disputes.

10. Contact Information and Communication

For any questions, concerns, or comments about these Terms of Use, the BlockumDAO.org site, or in the unlikely event of a dispute that requires escalation beyond the internal resolution mechanisms of Blockum DAO, users are encouraged to contact Blockum DAO through the provided channels on the website. Blockum DAO maintains an open and responsive line of communication to ensure effective dialogue between the organization and its community.

  • Feedback, Inquiries, and Dispute Notification: Blockum DAO values constructive feedback, inquiries about the site or the Terms, and timely notification of potential disputes. Any feedback, inquiries, or initial notifications of disputes should be directed to the appropriate contact mechanism listed on the BlockumDAO.org website, ensuring that concerns are addressed promptly and efficiently.

FAQ

Blockum DAO is a Decentralized Autonomous Organization dedicated to revolutionizing how startups and promising business opportunities receive funding and support through a community-driven and blockchain-powered ecosystem.
Members propose projects directly on our platform. The community then reviews and votes on these proposals using our blockchain-powered system. Successful proposals receive funding and support from the Blockum DAO community.
The FGOL token is a fostering token that acts as a medium of exchange within the Blockum DAO ecosystem. It’s used for fostering, receiving rewards, and is a key element in connecting investors, startups, and the community.
You become a member by staking FGOL tokens and allocating your LPs (Liquidy Providers Tokens) in the Blockum DAO smartcontract and participating in the community. This involves voting on proposals, submitting projects, and interacting with other members.
Yes, any member of Blockum DAO can submit a proposal. However, the success of the proposal depends on the community’s review and vote.
Blockum DAO leverages blockchain technology for a transparent, secure and democratic process. It’s not just about financing; it is about support, advice and community involvement in a decentralized way, protecting all sides of the transaction, sharing risks and enhancing gains.

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