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Introduction

Molecule Catalyst is a proprietary crowdfunding platform developed by Linum Labs AG (“Molecule”, “we”, “us”, “our”). Molecule is an application for researchers to fundraise grants for their research projects. It provides a platform where users can discover interesting ideas and support these causes and exchange information with researchers. 

By accessing this website (the “Site”) you acknowledge the legally binding effect of the following terms and conditions (the “Terms of Use”). If you do not consent to these Terms of Use, you may not access any further pages of the Site.

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Restriction of Access

By using the Site and entering into these Terms of Use, you affirm that you are a person of at least 18 years of age or older. Minors (people under the age of 18) are thus excluded from registration. You promise that you have never been suspended from the Site and that you are not accessing the Site from territories where the content is considered legal. If you are using the Site on behalf of an organisation or other legal entity, you confirm to us by doing so that you have the authority to bind it to these Terms of Use.

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Use of the Site and Smart Contracts

In accordance with the Terms of User, we grant you a limited, non-exclusive, non-transferable license to access and use the Site and its features. Molecule may terminate this license at any time for no reason.

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Site Rules

By accessing the Site, you acknowledge and agree that you:

  • Can form a binding contract in your jurisdiction and will comply with all terms outlined in this document.
  • Need to provide accurate and complete information when creating an account and are not allowed to use another user’s account without permission.
  • Are solely responsible for the activity and content submissions that occur while signed into your account.
  • Grant every Molecule Catalyst user a license to access your submitted content and to use, reproduce, distribute, and prepare derivative works of it.
  • Have the necessary licenses and rights to authorise Molecule to use all proprietary rights around your content.
  • Are not allowed to post, upload, transmit, distribute, store, create or otherwise publish any content through the Site that is obscene, indecent, defamatory, libelous, unlawfully threatening or unlawfully harassing, violates any laws or infringes, misappropriates or violates any third party's copyright, patent, trademark, trade secret or other proprietary rights or rights of publicity or privacy.
  • Will not not collect any personally identifiable information for commercial purposes.
  • Will not use any automated system including but not limited to robots, spiders, offline readers, scrapers to access the services of the Site.
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General Risk Factors

Usage of our Site introduces risk factors for which we cannot be held responsible:

  • Molecule has no control over any cryptocurrency network and cannot be held responsible for any harm occurring due to erroneous or fraudulent transactions. Using services involving virtual currencies may impose the risk of substantial losses due to price and liquidity fluctuations.
  • Forks - unknown vulnerabilities in or unanticipated changes to the network protocol, may cause losses for you or other network participants. It is entirely your responsibility when interacting with any smart contracts and you acknowledge that Molecule is not involved as a party in the smart contracts.
  • Access to your assets may be suspended or terminated which could lead to losses due to limited access.

Using the Site, you agree that you assume all the risks associated with this factor, and release Molecule from all liability caused when interacting with the Site, Protocol or Smart Contracts in any way.

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No Liability

To the maximum permitted extent, Molecule, individual directors, employees and agents of Molecule are not liable in any form or way for direct or indirect losses, liability claims, costs, receivables, expenses or damages of any kind, whether they arise from a contract or criminal offence or other legal reason, that result from the use of this Site or in association with it. Liability due to negligence is also excluded.

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No Guarantee

The Site is offered “as is” and “as available”. To the maximum permitted extent, Molecule does not assume any guarantee, either explicitly or implicitly, with regard to the content, information and functionalities of the Site. Molecule does not guarantee the accuracy, timeliness, completeness, reliability or availability of information or results that are from the use of the Site. Molecule does not guarantee that the Site does not contain any viruses or errors.

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No Professional Advice

Any professional information on the Site (eg. medical, legal, financial) is displayed for informational purposes only and it is not Molecule’s intention to provide any advisory services through the Site. No action should be taken based on any information contained in the Site.

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Intellectual Property

Unless otherwise indicated, all intellectual property rights and any content provided in connection with the Site, are the property of Molecule or our licensors or suppliers and are protected by applicable intellectual property laws. We do not give any implied license for the use of the contents of the Site. Our intention is to protect the intellectual property of Molecule as well as of all the researchers that publish their projects on the Site. All rights and information associated with the submitted research projects remain the sole property of the user.

You accept and acknowledge that the material and content contained in or delivered by the Site is made available for your personal, lawful, non-commercial use only and that you may only use such material and content for the purpose of using the Site as set forth in this agreement. Any other use of content from the Site is strictly prohibited and you agree not to infringe or enable others to infringe our intellectual property rights. You may not sell or modify materials derived or created from the Site or reproduce, display, publicly perform, distribute or otherwise use the materials in any way for any public or commercial purpose.

We respect the intellectual property of others, and we ask you to notify us if you believe work has been copied in a way that constitutes copyright infringement and is accessible via the Site.

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Registration

Site visitors can browse most of the content without the need to register. To access certain features the user needs to have a personal MetaMask account. We use this tool for account management and allow user identification through the associated public/private key pairs and personalisation without setting up a separate username and password. This means that Molecule has no control over your MetaMask credentials and does not assume any responsibilities for problems occurring with connecting to that account. Please refer to their Terms of Use for more details. Molecule reserves the right to block registration or login of users at our sole discretion. You confirm that you will immediately notify Molecule if you are aware of any unauthorised use of your account.

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Fundraising

Molecule’s goal is to provide a novel way to crowdfund research experiments. The platform allows certain users (“Researchers”) to list their research proposals and budget expectations (“Projects”) and collect contributions from other users (“Supporters”, “Contributors”, “Backers”). All funds are managed directly through our smart contract infrastructure and never by Molecule itself.

Molecule is not liable for any of your interactions with other users found through our services. You hereby waive all claims against Molecule arising from such interactions. Molecule will not get involved in disputes between Supporters and Researchers and all dealings are directly between them. Molecule is not responsible for any of the actions of a Researcher and only Researchers can be held liable for fulfilling implied obligations. Molecule can at any time suspend a listed project for any reason. It is solely your own choice to contribute to a research fundraising campaign and backing a project does not give you any ownership, control or distribution rights. In return for your contribution you might receive Project Tokens. These cryptographic tokens are automatically distributed through our Site.

The only value these tokens have arise from the collateral stored in the associated Token Bonding Curve. You can always return these tokens in exchange for their current value in collateral. The tokens do not represent any other rights or assets. Molecule does in no case guarantee that a fundraising goal will be met. It is important to notice that contributions to projects are non-refundable. Molecule is not responsible for any contribution transactions and they are only between you, the Researcher and the processor. Molecule makes no representations regarding the deductibility of any contribution for tax purposes. Researchers may designate collected funds to another project that closely adheres with the donor’s original intent if the original undertaking cannot be completed. Researchers can also initiate refunds at their own discretion.

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Fees and Payments

It is generally free to join the Site but we might charge fees for specific services. Before being charged, you will always have the opportunity to review and accept the fees. Specific amounts may be subject to change according to our discretion. The user themself is responsible for paying all the fees and associated taxes. Fees are non-refundable in the case a listing is removed due to violations of the Terms of Use.

All financial transactions that users will engage in are directly handled by the Ethereum network through MetaMask (or other compatible wallets). Therefore, we have no control over any of these payments and do not have the ability to revert any transactions. We will have no liability for any claims due to any transactions you engage with through the Site. Using Ethereum requires the payment of transaction fees to fund the decentralised network of computers. The user needs to cover these costs when conducting transactions associated with the Site.

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Partial Invalidity

If individual provisions of these Terms and Conditions of Use are considered invalid, unlawful or non-enforceable by a responsible court or a responsible authority pursuant to the respective law, this will not restrict the validity, lawfulness or enforceability of the other terms and conditions.

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Applicable Law

These Terms of Use are governed by Swiss Law. Molecule is developed by Linum Labs AG, Rheinhaldenstrasse 101, Schaffhausen, Switzerland, 8200 and the materially responsible courts in Schaffhausen are responsible for the legal judgment of these Terms of Use.

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Updates to these Terms of Use

We may change these Terms of Use, and any of our policies and procedures concerning our practices for managing your information, at any time and without prior notice subject to applicable law. If we make any material changes to our Privacy Policy, we will notify you by sending and prominently posting notice of the changes on the Site. The most recent version date is located at the top of this statement

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Questions and Contact

If you have any questions about Molecule, the Terms of Use or the Site, you can always contact us by email at info@molecule.to.

DISCLAIMER. YOU ACKNOWLEDGE THAT YOU ARE USING THE SITE AND SERVICES AT YOUR OWN RISK. THE SITE, THE SERVICES, AND ANY INFORMATION, CONTENT OR MATERIALS PROVIDED (INCLUDING WITHOUT LIMITATION ANY RESEARCHERS OR CONTRIBUTORS GENERATED CONTENT) ARE PROVIDED "AS IS" AND TO THE FULL EXTENT PERMITTED BY APPLICABLE LAW. MOLECULE, ITS OFFICERS, DIRECTORS, EMPLOYEES AND AGENTS AND THIRD PARTY SERVICE PROVIDERS, HEREBY DISCLAIM ANY AND ALL WARRANTIES, EXPRESSED AND IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY WARRANTIES OF ACCURACY, COMPLETENESS OR RELIABILITY, TITLE, NONINFRINGEMENT, MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE, OR ANY OTHER WARRANTY, CONDITION, GUARANTEE OR REPRESENTATION, WHETHER ORAL, IN WRITING OR IN ELECTRONIC FORM. MOLECULE, ITS AFFILIATES AND SUBSIDIARIES, IF ANY, AND ITS THIRD PARTY SERVICE PROVIDERS, SUPPLIERS, AND VENDORS DO NOT REPRESENT OR WARRANT THAT ACCESS TO THE DAPP INFORMATION, THE SERVICES OR ANY INFORMATION, CONTENT OR MATERIALS PROVIDED IN CONNECTION WITH THE SERVICES (INCLUDING WITHOUT LIMITATION ANY DONOR LISTS OR USER GENERATED CONTENT) WILL BE UNINTERRUPTED OR THAT THERE WILL BE NO FAILURES, ERRORS OR OMISSIONS, OR LOSS OR SECURITY BREACH OF TRANSMITTED INFORMATION, OR THAT NO VIRUSES WILL BE TRANSMITTED THROUGH ACCESS TO OR USE OF THE SERVICES OR DAPP INFORMATION. MOLECULE ASSUMES NO RESPONSIBILITY FOR THE TIMELINESS, DELETION, MIS-DELIVERY OR FAILURE TO STORE ANY CONTENT (INCLUDING, BUT NOT LIMITED TO, ANY FUNDERS OR USER GENERATED CONTENT) OR USER COMMUNICATIONS.

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