Terms and Conditions

Last updated: November 2020

These Terms and Conditions ("Terms", "Terms and Conditions") govern your relationship with http://www.concordia.ventures website and Concordia Ventures Mobile App mobile application (the "Service") operated by Novumware Ltd. ("us", "we", or "our"). Please read these Terms and Conditions carefully before using our website and Concordia Ventures Mobile App application (the "Service"). Your access to and use of the Service is conditioned on your acceptance of and compliance with these Terms. These Terms apply to all visitors, users and others who access or use the Service. By accessing or using the Service you agree to be bound by these Terms. If you disagree with any part of the terms then you may not access the Service.


If you wish to purchase, participate, pledge, back or support any product, digital tokens, or service made available through the Service ("Purchase"), you may be asked to supply certain information relevant to your Purchase including, without limitation, your credit card number, your passport and other personally identifiable information, your billing and/or residential address(es), and your digital wallet addresses. We may also request for more information as we deem fit.

You represent and warrant that: (i) you have the legal right to use any credit card(s) or other payment method(s) in connection with any Purchase; and that (ii) the information you supply to us is true, correct and complete.

By submitting such information, you grant us the right to provide the information to third parties for purposes of facilitating the completion of Purchases. We may use the information you supply to check against third party Anti-Money Laundering (“AML”) service providers in order to ensure compliance as required by local laws.

We reserve the right to refuse or cancel your Purchase at any time for certain reasons including but not limited to: product or service availability, failed AML checks, errors in the description or price of the product or service, error in your order or other reasons as we deem fit.

We reserve the right to refuse or cancel your order if fraud or an unauthorised or illegal transaction is suspected.

You agree to bear all bank transfer fees and any other cryptocurrency gas fees (for the fastest transaction) as maybe charged.

You agree to use the Service and make any Purchase not for illicit purposes.

Each product, digital token and service will have its own set of Terms and Conditions (“Product’s T&Cs”) for the sale of such. Hence, you will need to read and agree to the Product’s T&Cs before you make a Purchase. If you do not agree to any terms and conditions of the Product’s T&Cs, you may not make a Purchase.

Each product, digital token and service are available on a as-is basis. We are not responsible for the quality, delivery timeline, fitness and purpose of the same.

Availability, Errors and Inaccuracies

We and the respective owners (“Content Owners”) of the products , digital tokens and services are constantly updating our offerings of products and services on the Service. The products or services available on our Service may be priced incorrectly, described inaccurately, or unavailable, and we may experience delays in updating information on the Service and in our advertising on other web sites .

We cannot and do not guarantee the accuracy or completeness of any information, including prices, product images, specifications, availability, and services. The Content Owners reserve the right to change or update information and to correct errors, inaccuracies, or omissions at any time without prior notice.

Notice of High Risk for Purchases

You understand that any Purchase done within the Service carries a high risk of losing the entire Purchase amount which could arise due to many reasons. Hence, You shall waive all rights to seek any legal remedy on your own or through any class action litigation in order to recover the Purchase Amount from Us.

Nothing in this Agreement nor any conversation and communication made by the respective Content Owner or from Us, verbal or non-verbal, shall imply a positive or punitive return on investment from the Purchase Amount used to purchase the product, digital tokens and service or that the purchased product, digital token or service will carry forth its intended usage.

You further warrant that by losing the entire Purchase amount, it will not adversely affect your livelihood, obligations and dependents.

For avoidance of doubt, you hereby expressly state to Us that you understand and fully bear all consequences for any Purchase made by you through the Service and that the Purchase represents a financially high risk activity and that You shall fully bear all losses which may be incurred from this Purchase.

Contests, Sweepstakes and Promotions

Any contests, sweepstakes or other promotions (collectively, "Promotions") made available through the Service by the Content Owners may be governed by rules that are separate from these Terms. If you participate in any Promotions, please review the applicable rules as well as our Privacy Policy. If the rules for a Promotion conflict with these Terms, the Promotion rules will apply.

Content From You As A Content Owner

Our Service allows you, the content owner, to post, link, store, share and otherwise make available certain information, text, graphics, videos, or other material ("Content"). You are responsible for the Content that you post to the Service, including its legality, reliability, and appropriateness.

By posting Content to the Service, you grant us the right and license to use, modify, publicly perform, publicly display, reproduce, and distribute such Content on and through the Service. You retain any and all of your rights to any Content you submit, post or display on or through the Service and you are responsible for protecting those rights. You agree that this license includes the right for us to make your Content available to other users of the Service, who may also use your Content subject to these Terms.

You represent and warrant that: (i) the Content is yours (you own it), and (ii) the posting of your Content on or through the Service does not violate the privacy rights, publicity rights, copyrights, contract rights or any other rights of any person, company or organization.

Disbursement Of Funds To Content Owner

We reserve the right to disburse the funds in proportion to the total funds raised over a period of time to Content Owner based on the risk assessment which we will conduct on the Content Owner. If you are a Content Owner providing the Content on and through our Service, you agree to comply with all Know-Your-Customer regime which we will conduct. If the KYC fails or has an unsatisfactory result, to our sole and absolute discretion, we reserve the right to withhold, or refund the Purchase to the users. You agree to yield all fund disbursement decisions to us. In addition, you agree to allow us to offset any fund raised for additional audit and KYC checks through third parties in order for us to better assess the legitimacy of your Content.


When you create an account with us, you must provide us with information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service.

You are responsible for safeguarding the password that you use to access the Service and for any activities or actions under your password, whether your password is with our Service or a third-party service.

You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorised use of your account.

Copyright Policy

We respect the intellectual property rights of others. It is our policy to respond to any claim that Content posted on the Service infringes the copyright or other intellectual property infringement ("Infringement") of any person.

If you are a copyright owner, or authorised on behalf of one, and you believe that the copyrighted work has been copied in a way that constitutes copyright infringement that is taking place through the Service, you must submit your notice in writing to the attention of "Copyright Infringement" of [email protected] and include in your notice a detailed description of the alleged Infringement.

You may be held accountable for damages (including costs and attorneys' fees) for misrepresenting or falsely claiming that any Content is infringing your copyright.

Cryptocurrency Wallets in the Service

The Service provides you with cryptocurrency wallets ("Wallets") as a means of convenience in order to facilitate your Purchase. However, our Wallets are not designed to be a permanent storage for your cryptocurrencies. We do not warrant that the Wallets will not be hacked, misused, mishandled, inaccessible through loss of private keys, subject to any other adverse situations which will result in the partial or total loss of your cryptocurrencies. By transferring your cryptocurrencies to our Wallets, you hereby specifically indemnify us from any losses which maybe incurred.

Intellectual Property

The Service and its original content (excluding Content provided by Content Owners), features and functionality are and will remain the exclusive property of Novumware Ltd. and its licensors. The Service is protected by copyright, trademark, and other laws of both the British Virgin Islands and foreign countries. Our trademarks and trade dress may not be used in connection with any product or service without the prior written consent of Novumware Ltd.

Links To Other Web Sites

Our Service may contain links to third-party web sites or services that are not owned or controlled by Novumware Ltd.

Novumware Ltd. has no control over, and assumes no responsibility for, the content, privacy policies, or practices of any third party web sites or services. You further acknowledge and agree that Novumware Ltd. 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 use of or reliance on any such content, goods or services available on or through any such web sites or services.

We strongly advise you to read the terms and conditions and privacy policies of any third-party web sites or services that you visit.


We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms.

Upon termination, your right to use the Service will immediately cease. If you wish to terminate your account, you may simply discontinue using the Service.

Limitation Of Liability

In no event shall Novumware Ltd., nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from (i) your access to or use of or inability to access or use the Service; (ii) any conduct or content of any third party on the Service; (iii) any content obtained from the Service; and (iv) unauthorized access, use or alteration of your transmissions or content, whether based on warranty, contract, tort (including negligence) or any other legal theory, whether or not we have been informed of the possibility of such damage, and even if a remedy set forth herein is found to have failed of its essential purpose.


Your use of the Service is at your sole risk. The Service is provided on an "AS IS" and "AS AVAILABLE" basis. The Service is provided without warranties of any kind, whether express or implied, including, but not limited to, implied warranties of merchantability, fitness for a particular purpose, non-infringement or course of performance.

Novumware Ltd. its subsidiaries, affiliates, and its licensors do not warrant that a) the Service will function uninterrupted, secure or available at any particular time or location; b) any errors or defects will be corrected; c) the Service is free of viruses or other harmful components; or d) the results of using the Service will meet your requirements; e) the Service will be free from malicious attacks or hacks especially of note to the database and cryptocurrency wallets.

Governing Law

These Terms shall be governed and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law provisions.

Our failure to enforce any right or provision of these Terms will not be considered a waiver of those rights. If any provision of these Terms is held to be invalid or unenforceable by a court, the remaining provisions of these Terms will remain in effect. These Terms constitute the entire agreement between us regarding our Service, and supersede and replace any prior agreements we might have between us regarding the Service.

Fees For Using The Service

All Content Owners shall pay the fees ("Service Fees") in order to put up Content on the Service. All Service Fees paid are non-refundable for any or no reason whatsoever. Even if a Content Owner has paid a year's Service Fees in advance, there will be no refund for any remaining unused months. We reserve the right to amend the Service Fees at anytime without notice. For existing Content Owners who have already paid the Service Fees, any changes to the Service Fees will only be effected twelve months later from the date of notice.


We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material we will try to provide at least 30 days notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion. You shall undertake to regularly check the last updated date of this Agreement and to read the entire Agreement if there are any new revisions incorporated into the existing Agreement.

By continuing to access or use our Service after those revisions become effective, you agree to be bound by the revised terms. If you do not agree to the new terms, please stop using the Service.

Contact Us

If you have any questions about these Terms, please contact us at [email protected]