Last updated: January 10, 2025
Welcome to Ubiquitus.org ("Ubiquitus," "we," "us," or "our"), an experimental Universal Basic Income platform. By accessing, using, or creating an account on our website and services, you agree to be bound by these Terms of Service ("Terms"), our Privacy Policy, and all applicable laws and regulations. If you do not agree to these Terms, you must not use our services.
These Terms apply to all users, including but not limited to visitors, registered users, contributors, and payment recipients.
Core Service: Ubiquitus operates an experimental Universal Basic Income (UBI) distribution system that provides regular payments to verified participants.
AI Fund Management: We employ artificial intelligence systems to manage and grow the UBI fund through automated trading and portfolio optimization.
Payment Processing: We facilitate payments through third-party services including Venmo, PayPal, and other approved payment processors.
Community Platform: We provide a platform for users to track their participation, view impact data, and engage with the UBI community.
Age Requirement: You must be at least 18 years of age to participate in Ubiquitus services.
Jurisdiction: Services are currently available only to residents of the United States with valid payment processor accounts.
Account Limits: Each individual is permitted only one account on Ubiquitus. Creating multiple accounts will result in immediate termination of all associated accounts.
Verification Requirements: To receive payments, users must complete our verification process, which includes providing accurate personal information and completing micro-payment verification through approved payment processors.
Accurate Information: You agree to provide true, accurate, current, and complete information during registration and verification processes.
Account Security: You are responsible for maintaining the confidentiality of your account credentials and for all activities under your account.
Prohibited Activities: You may not:
Contribution Structure: All contributions to the UBI Fund are voluntary donations. Contributions are not investments and do not guarantee returns or specific payment amounts.
Non-Refundability: All contributions are final and non-refundable once processed, except as required by applicable law.
Payment Distribution: UBI payments are distributed based on available funds and our distribution algorithm. Payment amounts and frequency may vary and are not guaranteed.
Payment Processing Fees: Third-party payment processor fees may apply to both contributions and distributions.
Tax Responsibilities: Recipients are responsible for reporting payments as income and paying applicable taxes. We may provide tax documentation as required by law.
Automated Trading: The UBI fund is managed using artificial intelligence systems that make automated trading decisions. These systems involve significant risks including:
No Investment Advice: Our AI fund management does not constitute investment advice. Fund performance is not guaranteed and may result in losses.
Risk Acknowledgment: By participating, you acknowledge that the experimental nature of AI-driven fund management carries inherent risks that could affect payment amounts or availability.
Data Collection: We collect personal information necessary to operate our services, as detailed in our Privacy Policy.
Financial Data: We may collect and store financial information necessary for payment processing and verification.
Data Security: We implement industry-standard security measures to protect your data, but cannot guarantee absolute security.
Data Sharing: We may share data with payment processors, regulatory authorities, and service providers as necessary to operate our services.
Experimental Platform: Ubiquitus is an experimental platform exploring Universal Basic Income concepts. The platform, payment amounts, and availability are not guaranteed and may change or discontinue at any time.
No Guarantee of Payments: Participation does not guarantee receipt of payments. Payment availability depends on fund performance, user verification, and platform operations.
Service Evolution: Our services, including AI systems and payment mechanisms, may evolve, change, or be discontinued based on performance, regulatory requirements, or other factors.
Platform Content: All content on Ubiquitus, including text, graphics, logos, software, and AI algorithms, is our property or that of our licensors and is protected by intellectual property laws.
User Content: You retain ownership of content you provide but grant us a non-exclusive license to use it for platform operations.
Feedback: Ideas, suggestions, or feedback you provide may be used by us without obligation or compensation to you.
Payment Processors: We integrate with third-party payment services (Venmo, PayPal, etc.) that have their own terms and privacy policies.
External Dependencies: Our services may depend on third-party APIs, market data providers, and other external services.
No Control: We are not responsible for the availability, terms, or privacy practices of third-party services.
Service Changes: We reserve the right to modify, suspend, or discontinue any aspect of our services at any time with or without notice.
Account Termination: We may terminate or suspend accounts for violations of these Terms, suspicious activity, or other reasons at our discretion.
Effect of Termination: Upon termination, your right to use our services ceases immediately, though certain provisions of these Terms will survive.
Service "As Is": Our services are provided "as is" without warranties of any kind, either express or implied.
Limitation of Damages: To the maximum extent permitted by law, we shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or other intangible losses.
Maximum Liability: Our total liability to you for all claims shall not exceed the lesser of $1,000 or the amount you have contributed to the platform in the 12 months preceding the claim.
You agree to indemnify, defend, and hold harmless Ubiquitus, its officers, directors, employees, and agents from any claims, damages, obligations, losses, liabilities, costs, or debt arising from your use of our services, violation of these Terms, or infringement of any third-party rights.
Compliance Requirements: We operate in compliance with applicable financial regulations, anti-money laundering laws, and tax reporting requirements.
Cooperation with Authorities: We may be required to provide information to regulatory authorities, law enforcement, or tax agencies as required by law.
Regulatory Changes: Changes in applicable laws or regulations may require modifications to our services or these Terms.
US-Based Service: Our services are operated from the United States and subject to US laws and regulations.
Export Restrictions: Our technology and services may be subject to US export control laws and may not be available in all jurisdictions.
Governing Law: These Terms are governed by the laws of the State of California, United States, without regard to conflict of law principles.
Arbitration: Any disputes arising from these Terms or our services shall be resolved through binding arbitration administered by the American Arbitration Association, except for claims involving intellectual property or injunctive relief.
Class Action Waiver: You agree to resolve disputes individually and waive the right to participate in class actions or collective proceedings.
Electronic Communications: You consent to receive communications from us electronically, including via email or platform notifications.
Important Notices: We may send important notices regarding your account, payments, or changes to our services.
Marketing Communications: You may opt out of marketing communications while still receiving essential service notifications.
Platform Access: We strive to make our platform accessible but cannot guarantee compatibility with all devices or assistive technologies.
Technical Requirements: Use of our services requires a compatible device, internet connection, and supported web browser.
We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, government actions, internet outages, or third-party service failures.
Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force and effect.
Entire Agreement: These Terms, together with our Privacy Policy and any additional agreements, constitute the entire agreement between you and Ubiquitus.
Modification Rights: We reserve the right to modify these Terms at any time. Material changes will be communicated to users via email or platform notification.
Continued Use: Your continued use of our services after changes become effective constitutes acceptance of the modified Terms.
Review Responsibility: You are responsible for regularly reviewing these Terms for updates.
Questions and Support: For questions about these Terms, our services, or to report issues, please contact us at [email protected].
Legal Notices: Legal notices should be sent to our registered address or email as specified on our platform.
Response Time: We strive to respond to inquiries within 48 hours during business days.