본문 바로가기

Provision

Value that goes beyond one project
Culture Bridge,
where we communicate together

테스트 이미지

Provision

Chapter General Rules

Article 1 (Purpose)

The purpose of these Terms and Conditions is to define the rights and obligations and responsibilities of The Company and the user as well as the service use procedures for the members when using the Internet-related services (hereinafter referred to as ‘the service’) including the projects provided in the Internet site of c-bridge.co.kr (hereinafter referred to as ‘the site’) which is being operated by Culture Bridge-SAIDA (hereinafter referred to as ‘The Company’).

Article 2 (Definitions)

The following are the definitions of the terms used in these Terms and Conditions.

  • ‘The Company’ means Culture Bridge-SAIDA.
  • ‘The site’ means c-bridge.co.kr which is a site being operated by ‘The Company’.
  • ‘The service’ means all related services provided by ‘The Company’ that can be used by the user regardless of the kinds of terminals being used (including various kinds of wired and wireless devices such as PC, TV and portable terminals).
  • ‘The user’ means the member and non-member who use the service provided by ‘The Company’ according to these Terms and Conditions being connected to the site.
  • ‘The Member’ means an individual or corporation customer that uses the service provided by ‘The Company’ after concluding a use contract with ‘The Company’ according to these Terms and Conditions being connected to the service of ‘The Company’.
  • ‘The non-member’ means an individual or corporation customer that uses limited service of ‘The Company’ without a membership.
  • ‘The posting’ means texts, photos, videos as well as various kinds of files and links in the form of a sign, character, voice, sound, image, video, etc. posted on the service by ‘the user’ when using the service.
  • ‘The project' means a service opened in the space provided by ’The Company’ for the artist to work on a project for the user.
  • ‘The initiator’ means ‘The Member’ who launches a reward project or an investment project using the service provided by ‘The Company’.
  • ‘The participant’ means ‘The Member’ who pays the initiator a certain amount of money set by the ‘project’ launched in the service provided by ‘The Company’.
  • ‘The reward’ means the goods promised to be given to the participant by the initiator after completion of the project.
  • Except for the terms defined in the foregoing sections, the definition of the terms used in these Terms and Conditions shall be decided by business practices and relevant laws.

Article 3 (Public Announcement and Revision of the Terms and Conditions)

  • ‘The Company’ shall post a notice of the contents of these Terms and Conditions on the site for easy understanding of the user.
  • ‘The Company’ may revise these Terms and Conditions as long as the revised version does not violate relevant laws such as the Financial Investment Services and Capital Markets Act, the Act on the Consumer Protection in Electronic Commerce, etc., the Act on the Regulation of Terms and Conditions, the Framework Act on Electronic Documents and Transactions, the Digital Signature Act, the Act on Promotion of Information and Communications Network Utilization and Information Protection, etc., the Act on Door-to-Door Sales, etc., and the Act on the Consumer Protection in Electronic Commerce, etc.
  • For the revision of the Terms and Conditions, ‘The Company’ shall decide the contents and enforcement date of the revised Terms and Conditions and announce the revision plan on the site clearly stating the revised contents from at least 7 days (30 days for the matters which have significant effect on the rights and obligations of the user) before the planned enforcement date. In addition, ‘The Company’ shall notify the revision plan to the existing members by sending e-mails to the e-mail addresses entered by the existing members in addition to public announcement.
  • It shall be regarded that the user has approved the revised Terms and Conditions if the user does not express the intention to refuse the revised Terms and Conditions though ‘The Company’ clearly notified that it shall be regarded that the user has approved the revised Terms and Conditions if the user does not express the intention to refuse the revised Terms and Conditions from the date of announcement and notification to 7 days after the enforcement of the revised Terms and Conditions at the time of notification to the user according to the foregoing Section 3.
  • The Members may submit an application for withdrawal to ‘The Company’ if they do not agree to the revised Terms and Conditions.

Article 4 (Matters not Defined in The Terms and Conditions)

Matter not defined in these Terms and Conditions or different interpretation of the provisions shall be decided by relevant laws or business practices.

Article 5 (Character and Objective of Service)

  • The service of ‘The Company’ is providing an online platform which helps smooth mutual transactions between its members, and ‘The Company’ does not give or borrow a loan to and from ‘The Member’.
  • The contracting Members shall assume responsibility for the deals made between them. However, ‘The Company’ may provide the documents, etc. necessary for the settlement of the disputes between its Members as far as the law permits.

Chapter 2. Membership, etc.

Article 6 (Membership)

  • A use contract is concluded when a person who wishes to be a Member (hereinafter referred to as the ‘applicant for membership’) applies for membership after agreeing to the contents of the Terms and Conditions and 'The Company' approves the application.
  • It shall be regarded that the ‘applicant for membership’ has agreed to these Terms and Conditions if the ‘applicant for membership’ reads these Terms and Conditions and the Privacy Policy of 'The Company' and presses the ‘Agree’ button or check ‘Yes’.
  • A person who has become a Member under a disguised name cannot assert any right of a Member whatsoever. The account of a person who has become a Member under a disguised name shall be deleted and the person is subject to punishment according to relevant laws.
  • In principle, one Member can have one account. The accounts of a Member who has more than one account can be deleted or the Member can be made to withdraw membership and be prohibited to join the service again. Also, a Member who has more than one account cannot assert any right for the extra accounts more than one.
  • If a person completes the application for the membership of the site, the class of the applicant shall be classified as an 'Unauthorized Member'. The applicant can use all services of the site as a regular Member after completing the authorization procedures sent through e-mail or other transmission methods.
  • If the account remains as an 'Unauthorized Member' for 30 days after signing up for the site, the application for membership shall be cancelled automatically and the account information shall be deleted.

Article 7 (Approval of Application for Use and Restrictions

  • ‘The Company’ shall approve the use of the service by the applicant for membership unless there is a particular problem. However, ‘The Company’ may not give approval or withdraw the membership evan after approval at its own discretion in any of the following situations.
    1. If an application is made under a disguised name
    2. If the applicant for membership lost the qualifications for membership before according to these Terms and Conditions: However, a corporation may be admitted again by the approval of ‘The Company‘.
    3. If false information is entered or the item requested by ‘The Company‘ is not entered
    4. If the application is made for the purpose of harming the stability and order of the society or public morals
    5. If the applicant attempts to use this service for illegal purposes
    6. If the order of e-commerce is threatened by obstruction of the services for others, expropriation of the information of the services for others, etc.
    7. Making the application in violation of the regulations of the Terms and Conditions or 'The Company'
    8. If the application is made by a user who is a competitor of this service
    9. If it is impossible to approve the application due to a reason attributable to the user or the application is made in violation of other rules and regulations
    10. If the application is made by a person below 14 of age
    11. If the application is made with an e-mail account which is valid for only a certain period of time
  • ‘The Company’ may restrict or defer the approval of an application for use of the service in any of the following cases.
    1. If there is no room in the equipment installed for the service of ‘The Company’
    2. If there is a technical problem with the provision of the service
    3. If the applicant is a minor
    4. If it is recognized that there are other reasons similar to the foregoing cases
  • 'The Company' may classify the classes of the Members who use this service and subdivide the usage time, number of use, contents of service, etc. to grade use for each class of Members.

Article 8 (Obligation to Protect Personal Information)

‘The Company’ makes efforts to protect the personal information of its Members according to relevant laws such as the Act on Promotion of Information and Communications Network Utilization and Information Protection, etc. The relevant laws and the Privacy Policy of 'The Company' are applied to the protection and use of personal information. However, the Privacy Policy of 'The Company' is not applied to the linked sites other than the official site of 'The Company'.

Article 9 (Management of the Account and Password of ‘The Member’)

  • ‘The Member’ is responsible for the management of the account and password of ‘The Member’, and a third party may not be allowed to use the account and password of ‘The Member’.
  • ‘The Member’ may not change the account given by ‘The Company’ and may not have more than one account. If it is necessary to change the account due to inevitable reasons, ‘The Member’ shall withdraw and join the service again.
  • In any of the following cases, ‘The Company’ may request ‘The Member’ to change the account of ‘The Member’, and in such a case, 'The Member' shall withdraw and join the service again.
    1. If the account is registered with the telephone number or resident registration number of the user and thus there is a possibility of a violation of privacy
    2. If the account is repellent to others or destructive to public morals
  • ‘The Company’ may restrict the use of a Member’s account if there is a possibility of leakage of personal information or it may be misunderstood as the account of ‘The Company’ or the administrator of ‘The Company’.
  • If ‘The Member’ recognizes expropriation of the account and password or their use by a third party, ‘The Member’ shall report it promptly to ‘The Company’ and follow the guidance of ‘The Company’.
  • In case of the foregoing Section 5, ‘The Company’ shall not be held responsible for any disadvantages if the concerned Member does not report the incident to ‘The Company’ or does not follow the guidance of ‘The Company’ even if the incident is reported.
  • The account of the service provided by ‘The Company’ can be linked to the account of another site being operated by ‘The Company’ with the consent of ‘The Member’.
  • Other matters relating to the management, change, etc. of the personal information of ‘The Member’ shall be decided by the instruction on each service.

Article 10 (Change of Member Information)

  • ‘The Member’ can read and revise his/her personal information anytime on the screen for management of personal information. However, it is not possible to revise the real name, account and birthdate that are necessary for the management of the service.
  • If an item entered at the time of application for membership has been changed, ‘The Member’ shall revise it online or report the changed item to ‘The Company’ through e-mail or other methods.
  • The Company’ shall not be held responsible for any disadvantages if the changed items are not reported to ‘The Company’ according to the foregoing Section 2.

Article 11 (Withdrawal from the Site, etc.)

  • ‘The Member’ may apply for withdrawal from the service or cancellation of the use contract anytime using the withdrawal menu in the site, and 'The Company' shall process it immediately according to relevant laws.
  • If ‘The Member’ withdraws or cancels the use contract, ‘The Company’ shall delete all the data of 'The Member' unless the ‘The Company’ should keep the information of ‘The Member’ according to relevant laws and the Privacy Policy of ‘The Company’.

Chapter 3. Obligations and Responsibilities

Article 12 (Obligations of 'The Company')

  • ‘The Company’ shall not conduct the behaviors that are prohibited by relevant laws or these Terms and Conditions or what is destructive to public morals. ‘The Company’ shall do its best for the provision of consistent and stable services.
  • ‘The Company’ shall establish the security system for the protection of the personal information of its Members so that the Members can use the services safely and shall announce and abide by the Privacy Policy.
  • In preparation for the occurrence of errors in the electronic financial transaction of users, ‘The Company’ shall generate and preserve the records for the confirmation of the electronic financial transaction of users.
  • ‘The Company’ may not give or leak to a third party or use the personal information of the user, bank account information and the contents and performance of electronic financial transaction which it acquires while providing the electronic financial transaction service without the consent of the user unless it is required by law.
  • ‘The Company‘ shall take prompt measures if the opinions or complaints of a Member who uses the service are recognized as justifiable. If it is impossible to take prompt measures, ‘The Company‘ shall notify 'The Member' of the reason for the delay and the time required for processing.
  • ‘The Company’ shall not send advertisement e-mail for pursuit of profit without the consent of ‘The Member’.
  • If ‘The Member’ submits an application for withdrawal, ‘The Company’ shall withdraw the Member promptly after confirmation of membership ID.

Article 13 (Responsibilities of 'The Company')

  • If ‘The Company’ is the principal agent of the issuance, use or management of the means of authentication, 'The Company' shall assume responsibility for compensation for damages that are inflicted on the user by an accident caused by a fake or false means of authentication used for conclusion of a contract or electronic transmission of transaction instruction.
  • Notwithstanding the foregoing Section, ‘The Company’ shall not assume responsibility for compensation for damages inflicted on the user in any of the following cases.
    1. If damages are inflicted on the user by an accident caused by a fake or false means of authentication when 'The Company' is not the principal agent of the issuance of the means of authentication
    2. If the ‘user’ lends, transfers or delegates the use of the means of authentication to a third party; put it up as collateral; or leaks, exposes or leaves it unattended knowing that a third party may possibly do unauthorized electronic financial transactions using the means of authentication of the user
    3. If damages are inflicted on a corporation ‘user‘ (except a small enterprise according to Section 2 of Article 2 of the Framework Act on Small and Medium Enterprises’) and if ‘The Company’ has fulfilled sufficient duty of care as reasonably required including the establishment of security procedures and observing them thoroughly for the prevention of accidents
    4. If it becomes impossible to use the service due to a problem with the public communication line which is beyond the area of management of ‘The Company’
    5. An accident caused by other problems in the communication service, etc. due to a reason not attributable to ‘The Company’
  • Even if there was a transaction instruction of the user, ‘The Company’ shall not be held responsible for the damage of the user if the transaction cannot be processed or is delayed due to natural disasters, power failure for a reason not attributable to ‘The Company’, fire, communication problem or other acts of God and ‘The Company’ notifies the user of the reason for the impossible processing or delay (including the notification to financial institutions, the company which issued the means of transaction or the online marketing company).
  • If ‘The Company’ is going to stop providing the service temporarily due to the maintenance and replacement of information and communication equipment including computers, ‘The Company’ shall notify the user of the schedule of suspension of service and the reason for the suspension of service in advance on the Website of ’The Company’.

Article 14 (Obligations of ‘The Member’)

  • ‘The Member’ may not do the following behaviors.
    1. Entering false information at the time of application for membership
    2. Expropriating the account, password, etc. of other Members
    3. Trading the account with others
    4. Pretending to be a manager, staff member or a concerned person of ‘The Company’
    5. Changing the client program of ‘The Company‘ without authorization of ‘The Company’, hacking the server of ‘The Company‘, or changing the Website or posted information, in whole or in part, at will
    6. Harming or interrupting the service intentionally
    7. Processing at will, selling, copying, transmitting or distributing the information obtained through the service for purposes other than the service; using it for publication or broadcasting; or providing it for a third party without prior approval of ‘The Company’
    8. Distributing to others what may infringe upon the intellectual property right including the copyright of ‘The Company‘ or a third party by transmission, posting, e-mail or other methods
    9. Distributing to others vulgar or obscene information, sentence, picture, sound or video that violate public order and morals by transmission, posting, e-mail or other methods
    10. Distributing to others what may infringe upon the honor or privacy of others with insulting expression or personal information by transmission, posting, e-mail or other methods
    11. Harassing or threatening other Members or making a certain user painful or uncomfortable continuously
    12. Collecting or storing the personal information of other Members without the approval of ‘The Company‘
    13. A behavior which is objectively suspected to be connected with a crime
    14. A behavior which obstructs the work of ‘The Company’ or brings disgrace on ‘The Company‘
    15. Transferring, giving, or putting up as collateral to a third party the right of access to the service or other status in the use contract without the explicit agreement of ‘The Company’
    16. A behavior which violates these Terms and Conditions or any regulations or conditions set by ‘The Company‘
    17. Other behaviors that violate laws
  • ‘The Member’ shall abide by relevant laws, the regulations of these Terms and Conditions, all other regulations set by ‘The Company’, the instructions on the use of the service, public announcements and the matters that are notified by ‘The Company’.
  • ‘The Member’ may not use the service for business purpose without prior approval of ‘The Company’. The dealings made among Members or between ‘The Member’ and a third party using the service as a medium are irrelevant to ‘The Company’, and ‘The Company’ shall not be held responsible for such dealings.
  • If ‘The Member’ causes damages for ‘The Company’ by violating the foregoing Section 3, ‘The Member’ shall compensate ‘The Company’ for the damages.

Article 15 (Notification to Members)

  • ‘The Company’ may send a notification to ‘The Member’ using the e-mail address registered in the service, electronic message, etc. unless there is a separate regulation in these Terms and Conditions.
  • If 'The Member' explicitly refuses to receive the e-mail, ‘The Company’ may send an e-mail if it is necessary to do so in order to fulfill its notice duty stipulated in relevant laws or these Terms and Conditions.
  • For a notification for all Members, 'The Company' may substitute the notification in the foregoing Section 1 by posting the matter on the bulletin board of 'The Company' for 7 days or longer.

Chapter 4. Use of Service

Article 16 (Provision and Change of Service)

  • ‘The Company’ may provide ‘The Members’ with reward type, investment type, loan type and mixed type crowd funding services, etc. When designing the services, ‘The Company’ shall observe relevant laws such as the Financial Investment Services and Capital Markets Act.
  • ‘The Company’ shall provide ‘The Members’ with all the services including the contents and events offered by ‘The Company’. However, ‘The Company’ may grade use of services for each class of Members according to Section 3 of Article 7.
  • If the services are going to be changed, ‘The Company’ shall notify The Members of the changed contents of the service and the effective date by the method stipulated in Article 15.

Article 17 (Management of Postings)

  • ‘The Company’ shall make efforts to prevent forgery, damage or deletion of the postings and materials registered by ‘The Member’.
  • ‘The Company’ may refuse Members’ registration of the postings or materials that include the following contents or may delete, move or change such postings or materials without prior notice.
    1. A content which severly insults other Members or a third party or brings disgrace on them
    2. A content which is destructive to public order and morals or a content linked to such sites
    3. An obscene material or a link to obscene sites
    4. A content promoting illegal copying or hacking
    5. Advertisements pursuing profit or spam postings
    6. A content which is objectively suspected to be connected with a crime
    7. A content which infringes upon the copyright and other rights of ‘The Company’, other Members or a third party
    8. A material which does not fit the character of the concerned bulletin board
    9. Commercial software or Crack file
    10. Violating the purpose of posting by repetitious posting of the same content, etc.
    11. Other matters that violate the regulations of 'The Company' or relevant laws
  • ‘The Company’ may implement detailed guidelines for postings in each service, and the Members shall post materials (including delivery to other Members) according to the guidelines.
  • ‘The Company’ may delete a material posted by ‘The Member’ if it is different from the direction of the service.

Article 18 (Ownership of the Posted Materials)

  • ‘The Company’ shall have ownership of the copyright and other intellectual property rights for the materials produced by ‘The Company’.
  • ‘The Member’ shall have ownership of the copyright for the materials it posted on the screen of the service.
  • ‘The Company’ may use (including free provision of the meta data for outside Websites run by other partner companies of ‘The Company’) a posting whose copyright belongs to ‘The Member’. The data can be used freely on the Websites run by ‘The Company’ regardless of pursuit of profit. If ‘The Member’ agrees to these Terms and Conditions, it shall be regarded that ‘The Member’ has given ‘The Company’ the intellectual property rights necessary for the aforementioned use, and it shall remain valid even after the withdrawal of ‘The Member’.
  • If ‘The Company’ intends to use a posting whose copyright belongs to ‘The Member’ for pursuit of profit by a method other than the method described in the foregoing Section 3, ‘The Company’ shall obtain prior consent of ‘The Member’ via telephone call, fax, e-mail, etc.

Article 19 (Advertising)

  • ‘The Company’ may display advertisements relating to the operation of the service on the screen of the service or the Website or send them through e-mail, message or SMS. However, when sending an e-mail, message or SMS to ‘The Member’, ‘The Company’ shall check the consent of The Members with the receipt of the messages and send the messages only to the Members who expressed their consent.
  • The use of the advertisements displayed on the service by the users or communicating or dealing by participation in the promotion activities of the advertiser in the service is entirely a matter between the user and the advertiser. Any disputes between the user and the advertiser shall be resolved directly by the user and the advertiser. ‘The Company’ may not be held responsible for any matters related to them.

Article 20 (Time of Service)

  • ‘The Company’ shall begin service when ‘The Company’ approves the application of ‘The Member’ for use of service. However, some services will begin on the designated dates.
  • ‘The Company’ may split the service into several categories and set the available service hours separately. In this case, the service hours shall be notified to The Members.
  • This service shall be provided year round 24 hours a day. However, ‘The Company’ may suspend its service temporarily due to technical problems or for technical supplementation or the improvement of the site. In this case, ‘The Company’ shall make a public announcement before or after the incident.

Article 21 (Restriction or Suspension of Service and Withdrawal of 'The Member')

In any of the following cases, ‘The Company’ may restrict or suspend the use of the service by ‘The Member’ or withdraw ‘The Member’.

  • If ‘The Member’ obstructs the operation of the service of ‘The Company’ intentionally or negligently
  • If ‘The Member’ does not fulfill its obligations stipulated in Article 12
  • If ‘The Member’ has more than one account
  • Inevitable construction works for regular inspection, addition and replacement, maintenance inspection or failure of information and communication equipment
  • If a key telecommunications business operator stipulated in the Telecommunications Business Act stops providing service
  • If there is a problem with the use of the service due to national emergency, failure in service equipment, congestion by excessive use of service, etc.
  • Use of vulgar account name or nickname that can harm public morals
  • If a correction request is made by relevant government agency or public institutions
  • If the service has not been used for more than 3 months
  • If the bulletin board is used only for storage of files without any index files
  • If the postings or materials defined in Section 2 of Article 15 are posted or registered
  • If the payment information of others are expropriated or an illegal trading is done

Article 22 (Application for Projects)

  • ‘The Initiator’ can apply for the launching of a project after selecting the type among the reward type, donation type, share type and mixed type crowd funding; a type of project which receives the fund only if the target amount is achieved; and a type of project which receives the collected fund regardless of the amount. ‘The Member’ who intends to initiate a project can make an application for the launching of a project according to the form and procedures provided by ‘The Company’. At this time, the initiator can conclude a separate contract with ‘The Company’ regarding the launching of the project.
  • The applied project shall be reviewed for its correspondence with below criteria and direction of operation set by ‘The Company’. Only the approved projects shall be posted on the Website.
    1. Observance of the regulations and procedures of ‘The Company’ for launching of a project
    2. Use of the form provided by ‘The Company’ for launching of the project
    3. Whether or not the project-related files (image, video, voice file, etc.) requested by ‘The Company’ have been provided
    4. Any matters that violate relevant laws or are destructive to public order or public morals
    5. If there is any matter that may infringe upon the honor of others or give disadvantage to others
    6. Correspondence with the inspection conditions of the project set by ‘The Company‘
    7. Performance of other requests necessary for the launching of the project
  • There shall be no false information, omission of items or misdescription in the contents of the project applied by ‘The Member’ for registration. ‘The Member’ shall take all responsibility for the disadvantages caused by non-observance of this matter by ‘The Member’.
  • ‘The Member’ has all the rights and responsibilities for the contents and files of the project prepared and provided by ‘The Member’. ‘The Company’ may delete the contents of a project registered by ‘The Member’ in any of the following cases without prior notice. In addition, if necessary for the issue, ‘The Member’ may be requested to explain about the project it registered.
    1. If the information of 'The Member' or the project provided by ‘The Member‘ turns out to be false
    2. If the content infringes upon the intellectual property rights and other rights of a third party
    3. If a content not approved in advance by 'The Company' is posted
    4. If ‘The Member‘ posts obscene materials, slander, swearing, libel or illegal personal information or anything equivalent to them in the bulletin board of the Website of ‘The Company’ or linking them to related sites
    5. Illegal change or manipulation of the information of the project by ‘The Member’
    6. Other cases in which it is believed that relevant laws are violated
  • A project whose registration has been approved can be posted on the Website or a Website related to the service even after the deadline for invitation.

Article 23 (Revision of Project)

  • Until ‘The Company’ approves the project, revision of project can be done only within the scope approved by ‘The Company’ after submitting the revision items to ‘The Company’.
  • Once a project is approved, the items in the project page cannot be changed, cancelled or deleted any more. If the Member who applied for the project revises, changes or deletes an item at will which is prohibited to change, The Members participating in the project may take legal action such as a claim for damages. ‘The Company’ shall not be held responsible for the resulting disadvantages.

Article 24 (Cancellation of Project)

  • It is possible to cancel the project anytime before the approval of the project by requesting ‘The Company’ to cancel the project. However, it is necessary to pay ‘The Company’ the charge for the use until the cancellation of the project.
  • It is not possible for the initiator to cancel the application for the launching of the project freely after the approval of the project until it is closed.
  • It is not allowed to cancel the project after successful closing of the project unless there is a particular objective reason recognized by ‘The Company’. Even if cancellation can be made, it is necessary to pay the charge stipulated in Article 33.
  • The revision of the project shall be notified through updating, and the Members can check it anytime.

Article 25 (Payment Methods)

'The Member' can make payment on the site by the methods set by ‘The Company’ (credit card, real-time account transfer, virtual account, etc.). Consumer information shall be sent to the payment agency according to relevant laws for accurate and safe processing of payment.

Article 26 (Cancellation of Payment and Refund)

  • The regulations on cancellation of payment and refund have been established according to relevant laws such as the Act on the Consumer Protection in Electronic Commerce, etc.
  • ‘The Company’ may establish the regulations on cancellation of payment and refund based on separate Terms and Conditions and the conditions of utilization according to the character of individual services. In this case, the regulations on cancellation of payment and refund in the individual Terms and Conditions and the conditions of utilization shall have priority.
  • Other matters on cancellation of payment and refund not stipulated in these Terms and Conditions shall be decided by the Consumer Injury Compensation Rule.

Article 27 (Project participation and refund)

  • The company should give out the reward even if the project goal of the participant is not reached. Therefore, while the project is in progress it cannot be canceled or refunded.
  • But, there will be a refund if the reward item doesn’t get sent to the participant after participation for more than a year.

Article 28 (Charge for Cancellation and Refund)

  • ‘The Member’ shall pay the charge for handling refund if the cancellation is made due to the simple change of mind of ‘The Member’.
  • The charge for cancellation and refund may vary based on the method of payment. The method of imposition of the charge for cancellation and refund shall be decided by a separate regulation on cancellation of payment and refund.

Article 29 (Success of a Project)

  • The success and failure in the type of project which receives the fund only if the target amount is achieved is judged by the amount of funding paid by the deadline designated by ‘The Member’. It is a success if the amount of funding is more than the target amount, and a failure if the amount of funding is less than the target amount.
  • There is no success or failure in a type of project which receives the collected fund regardless of the amount. The collected amount is delivered to the initiator.
  • The amount of the final funding of the project is subject to change by the last-minute cancellation and change just before the deadline of funding.
  • If a project fails to raise the necessary amount of funds, the initiator of the project may not claim any right to the collected amount of money. ‘The Company’ shall cancel the amount paid by the participants in a lump sum according to the procedures announced in advance.

Article 30 (Delivery of Funding Money)

  • In relation to the payment of the collected money, ‘The Company’ may request the submission of the documents, etc. that can prove the identification of the initiator such as a copy of the ID, a copy of the bankbook, a copy of the resident registration and business license. The initiator has to submit other materials requested by ‘The Company’ to be paid the funds without a problem.
  • In principle, the funds shall be remitted to the bank account of the initiator. Remittance to another bank account my be approved according to the procedures set by ‘The Company’.
  • ‘The Company’ shall pay the amount of funds after deducting the charge. A tax bill shall be issued for the amount of charge. The initiator has to pay the tax for the received funds.
  • Remittance shall be made to the bank account designated by the initiator within 15 days from the date of request after the ending of the fund-raising.
  • ‘The Company’ and the initiator shall do their best for transparent delivery of the funds and use of the funds appropriately for its original purpose.

Article 31 (Use of Funds)

The project initiator shall use the funds that he receives after successful funding only for the performance and completion of the project promised by the initiator, the expenses for the dispatch and delivery of the promised products, etc. and shall assume all the responsibilities for the disadvantages caused by nonfulfillment of such activities.

Article 32 (Provision of Reward)

  • The project initiator ought to fulfill the promise between 'The Member' and another Member and also between 'The Member' and a third party as well as provision of product options for the participants, etc. generated by the registration of the project. The concerned Member shall assume all the responsibilities for the disadvantages caused by nonfulfillment of such promises.
  • The project initiator ought to post the contents, quantity and date of provision of the goods to be given to the participants on the site at the time of registration of the project and fulfill it according to the contents of the posting when the collection of the amount of the goods succeeds. If 'The Member' does not fulfill the obligation or fulfills differently from what was posted or fulfills only a part of the obligation intentionally, the concerned Member shall take all legal responsibilities for the retrieval of the participated amount of money by 'The Company', claim for compensation for damages by the participants, etc.
  • The project initiator ought to respond faithfully to the inquiries of the participants about the project and the goods to be provided for the participants.

Article 33 (Charge)

  • ‘The Member’ can join the site and initiate and participate in projects using the service without charge. If a project succeeds, the charge shall be imposed on the initiator.
  • The rates of charge are different between the type of project which receives the fund only if the target amount is achieved and the type of project which receives the collected fund regardless of the amount.
  • The initiator can conclude a separate contract with ‘The Company’ for the decision of the rate of charge.
  • If ‘The Company’ is going to impose a charge for the use of other services, ‘The Company’ shall announce the criteria for imposition of the charge and other details on the site 7 days before the implementation of the program.

Article 34 (Provision of Translation Service)

This service may include a translation provided by Google which denies any explicit or implicit guarantee for marketability, accuracy of adequacy for a certain purpose and non-invasive character and reliability.

Chapter 5. Other Matters

Article 35 (Limited Responsibility)

  • If ‘The Company’ restricts or stops provision of service or withdraws ‘The Member’ for the reasons stipulated in Section 2 of Article 17 and Section 1 of Article 21, ‘The Company’ shall not be held responsible for the compensation for damages of ‘The Member’.
  • ‘The Company’ has no responsibility for compensation for damages caused by poor statement of ‘The Member’ about personal information including e-mail address or insufficient performance of the obligation to update personal information according to Section 2 of Article 9.
  • ‘The Company’ does not guarantee the veracity, accuracy or reliability of the information, data, fact, etc. posted on the site by ‘The Member’. The materials posted by a Member shall be used at the discretion of each Member, and 'The Company' shall not be held responsible for the results of the usage of the materials whatsoever.
  • ‘The Company’ has no obligation to mediate the disputes among Members and between ‘The Member’ and a third party which occur with the medium of the service. 'The Company' shall not assume responsibility for the damages inflicted on ‘The Member’ or a third party by the intention or negligence of ‘The Member’ in relation to the use of the service unless it is stipulated otherwise in relevant laws.

Article 36 (Compensation for Damages)

The user shall compensate ‘The Company’ for damages if damages are inflicted on 'The Company' due to the user’s breach of its obligations stipulated in these Terms and Conditions.

Article 37 (Governing Law and Competent Court)

  • ‘The Company’ and ‘The Member’ shall make efforts for amicable settlement of the disputes over the provision of the service.
  • If a lawsuit is filed for settlement of disputes despite the foregoing Section, the court which has competence over the location of business of ‘The Company’ shall be the competent court for the settlement of the disputes.
  • The law of the Republic of Korea shall be the governing law in the settlement of disputes between ‘The Company’ and the user.