Liability of the Service

Service Content

As a hosting provider, the Service is subject to a limited liability regime as provided by the EU Directive of the 8 june 2000 (2000/31/EC) on E-commerce. Therefore, the Service cannot be held liable for the content released by the Users as well as the contents exchanged between them and gives no guarantee, express or implicit, in this respect. The Service is a third party to Users relationships and thereby excludes any liability in this regard.

Liability limitation

Frak acts an intermediary and Frak is a third party in the Creator relationship with the User. The Service undertakes to implement all the necessary means to ensure the best delivery of the services provided. However, the Service can only be bound by an obligation of best endeavor. In the event of failure of the Service, it shall be liable only for direct and reasonably foreseeable damage, unless otherwise provided by law or regulation. Indirect damages that may result from failure or use of the Service are expressly excluded. In any event, the Service may not, unless otherwise provided by law or regulation, be held liable beyond the amounts invoiced to the User by the Service during the last twelves months.

In particular, the Service shall not be held liable for: breakdowns or malfunctions of the services offered that are not the responsibility of the company; data losses of Users not being imputable to it; an unusual or illegal use of the services offered, by a third party or by a User; direct or indirect damage resulting from the use of the Service offered; a malfunction or cyber attack; an adverse event during the auction, both in the course of the process and at the stage of establishing the floor price and the final price ; any case of force majeure, within the meaning of Article 1218 of the French civil code, including a failure of the Blockchain protocol used to run the Service.

Futhermore, Fraktion does not guarantee that the Services:

  • subject to constant research to improve performance and progress, will be totally free of errors, defects or faults,

  • being standard and not offered according to your own personal constraints, will specifically meet your needs and expectations.

Furthermore, Users are informed that when the value of the Fraktion he/she bought on the Platform is paid in FRK, Frak does not give any guarantee as to the fluctuation and/or depreciation of the value of the Fraktion. Users therefore expressly decline any claim, demand or action related to the fluctuation and/or depreciation of the value of the Fraktion, regardless of the currency or cryptocurrency used.

For all intents and purposes, Collector is reminded that Frak shall not be liable for any loss User may suffer as a result of any failure related to the blockchain.

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