Legal

Terms & Conditions

Effective date: [11.1.2026]
Last updated: [11.1.2026]

These Terms and Conditions (“Terms”) govern your access to and use of the Placerion platform, including the website, mobile application, digital collectibles (“Stamps”), Reward System, Referral System, and all related services (collectively, the “Platform”).
By creating an account or using the Platform, you agree to be bound by these Terms.

1. Operator & Introduction

The Platform is operated by Placerion s.r.o., a company incorporated in the Czech Republic, with its registered office at Trojmezní 1877/12, Libeň, 190 00 Prague 9, Czech Republic, ID No.: 235 86 338, registered with the Commercial Register maintained by the Municipal Court in Prague, File No. C 429689 (“Placerion”, “we”, “us”, “our”).

These Terms constitute a legally binding agreement between you and Placerion.
Your use of the Platform is also governed by our Privacy Policy, which forms an integral part of these Terms.

2. Definitions

  • User – any individual who creates an Account or uses the Platform.

  • Account – a user profile created via email/password, Google, Apple, or other supported login methods.

  • Stamp – a digital collectible purchased within the Platform and initially recorded off-chain in the User’s Account. A Stamp may optionally be minted by the User as a non-fungible token (NFT) on a supported blockchain.

  • Off-chain Stamp – a Stamp existing solely within the Platform and not recorded on any blockchain.

  • NFT (On-chain Stamp) – a Stamp that has been minted on a blockchain and transferred to a User’s Wallet.

  • Wallet – a non-custodial cryptocurrency wallet controlled exclusively by the User.

  • Reward System – a program distributing rewards to eligible Users holding minted Stamps.

  • Referral System – a program rewarding Location Partners for referrals.

  • Location Partner – a physical venue offering Placerion Stamps via QR codes.

  • Services – all features and functionalities provided through the Platform.

Placerion may modify, limit, or discontinue Services at any time.

3. Eligibility & User Accounts

  • The Platform is intended for Users 16 years of age or older.

  • You may register using email and password, Google, Apple, or other third-party identity providers supported by the Platform (e.g., Facebook, Discord etc.).

  • You must provide accurate, current, and complete information when creating an Account.

  • You are responsible for maintaining the confidentiality of your login credentials.

  • Accounts are personal and non-transferable.

  • You are fully responsible for all activities conducted through your Account.

  • You represent that you are not subject to economic sanctions, embargoes, or similar restrictive measures imposed by the EU, UN, or other applicable authorities.

Placerion may suspend or terminate Accounts that violate these Terms or applicable law.

4. Nature of Placerion Stamps

4.1 Off-Chain First Model

All Stamps are initially created and delivered as off-chain digital collectibles stored in the User’s Account, regardless of whether the purchase was made using fiat currency or cryptocurrency.

Until minted, a Stamp:

  • exists solely within the Platform,

  • is not a blockchain asset,

  • cannot be transferred outside the Platform.

4.2 Optional Minting

Minting a Stamp as an NFT is:

  • optional,

  • initiated solely by the User,

  • requires a connected Wallet and payment of applicable blockchain network fees.

Once minted:

  • the Stamp becomes an NFT recorded on a blockchain,

  • the User assumes full technical control and responsibility,

  • blockchain transactions are irreversible and beyond Placerion’s control.

Placerion does not guarantee that minting functionality will be continuously available and reserves the right to suspend or restrict minting due to technical, legal, or operational reasons.

Both forms are considered digital collectibles and function within the Platform for viewing and collecting. However, only Stamps that have been minted as on-chain NFTs and are held in a connected Wallet qualify for participation in the Reward System, as further described in these Terms.

Purchasing or holding a Stamp does not grant the User any ownership, access rights, governance rights, or legal interest in Placerion, any Location Partner, or any physical location represented by the Stamp unless stipulated otherwise by Placerion or the Location partner.

4.3 No Financial Instrument

Stamps are digital collectibles, not financial instruments, securities, investments, or investment advice.
Placerion makes no guarantees regarding value, liquidity, demand, or future utility.

5. Purchasing Stamps

5.1 Purchase Methods

Users may purchase Stamps using:

  • fiat payment methods (e.g. card, Apple Pay, Google Pay), or

  • supported cryptocurrencies.

Payment method does not affect the initial off-chain status of the Stamp.

5.2 Delivery

Upon successful payment:

  • the Stamp is credited to the User’s Account as an off-chain Stamp,

  • no Wallet is required to purchase or hold an off-chain Stamp.

5.3 Refunds

  • Refunds may be limited or unavailable depending on payment method.

  • Cryptocurrency payments are generally non-refundable.

  • QR codes at physical locations may occasionally malfunction or be inaccessible.

6. Wallets, Minting & Transfers

Placerion is a non-custodial platform.

Users acknowledge that:

  • they control their Wallet and private keys,

  • Placerion cannot access, recover, or reset Wallet credentials,

  • minted NFTs may be transferred, sold, or gifted externally,

  • Placerion is not liable for wallet errors,  incorrect transfers, hacks, loss of keys, or third-party marketplace failures.

  • If a minted Stamp is transferred out of the User’s Wallet, it may lose eligibility for Platform-based benefits.

  • Placerion is not liable for smart-contract failures, blockchain downtime, or network exploits.

  • User bear the risk of theft, loss, or unauthorized access to their Wallet;

  • Placerion cannot recover access to your Stamps, if the User loses the Wallet or private keys.

7. Reward System

7.1 Reward Pool

Each calendar month, Placerion allocates 10 % of Net Profit from Stamp sales to a Reward Pool.

Net Profit” means the amount actually received by Placerion from the Stamp purchasers, converted into CZK or EUR using the exchange rate applied by the relevant payment processor, less amounts deducted by such payment processor and other mandatory deductions (such as card processing fees, currency conversion fees, chargebacks, refunds, blockchain network fees, and similar transaction-related costs).

The Reward System is not an investment product or financial service.

Fraud, artificial activity, or abuse may result in exclusion from rewards.

Placerion may modify, suspend, or terminate the Reward System at any time.

Rewards may be claimed subject to minimum thresholds and payout schedules defined by the Platform.

Eligibility criteria may change.

7.2 Eligibility

A User is eligible for rewards only if:

  • they hold one or more minted Stamps in their connected Wallet,

  • the Stamp is held during the relevant reward period.

Off-chain Stamps are not eligible for rewards.

7.3 Calculation & Claiming

Rewards are distributed proportionally based on holding duration.

  • Full reward share if the Stamp is held for the entire month.

  • Pro-rata share if held only part of the month:

HoldingFactor = days held in month / total days in month

For user U, the monthly reward is:

Reward(U) = RewardPool ×

            ( Σ (1 × HoldingFactorStamp_i of U) )

              -------------------------------------

              ( Σ (1 × HoldingFactorStamp_all users) )

Where:

  • User’s numerator is the sum of their own Stamps’ holding factors.

  • Denominator represents the total holding time of all qualifying Stamps across all Users.

This implements the linear proportional model.

  • Users may request (claim) rewards at any time through the Platform.

  • However, payouts are processed twice per month, specifically on the 15th day of each month and on the last day of each month.

  • The minimum claimable amount is 10 USD (or the equivalent in supported currencies).

  • Each User is responsible for any taxes arising from the receipt of rewards.

8. Referral System (Location Partners)

The Referral System rewards Location Partners (“Referrers”) for bringing new Locations to the Platform.

Definitive Terms:

  • The Referrer receives 10% of Net profit generated by the referred Location’s Stamp sales.

  • Duration: 6 months from the date the Location goes live and activates its first Stamp.


Additional rules:

  • Self-referral is prohibited.

  • Fraud, manipulation, or artificial activity results in immediate disqualification.


  • Attribution is based on the first valid referral recorded by the Platform.

  • Placerion’s determination of eligibility is final.

  • The system may be changed or discontinued at any time.

9. Location Partners

Location Partners are independent entities. Placerion is not liable for:

  • QR placement or accuracy of information provided by the Location,

  • physical access, opening hours, staffing or safety of the location,

  • any issues arising from the user’s visit.


Complaints about the physical venue must be resolved with the Location Partner directly.

10. Intellectual Property

  • All trademarks, software, code, design, databases and materials on the Platform belong to Placerion.

  • Users receive a limited, non-exclusive, non-commercial licence to use Stamp artwork for personal display and sharing.

  • You may not copy, modify, distribute, or exploit Platform content without permission.

  • Users may not scrape, reverse-engineer, replicate or disrupt the Platform.

  • Digital Stamps may contain artwork subject to separate licensing terms.

11. Prohibited Conduct

Users agree not to:

  • violate laws or infringe the rights of others,

  • create multiple accounts for abuse,

  • manipulate the Reward System or Referral System,

  • use bots or automation to purchase Stamps or claim rewards,

  • spoof locations or fraudulently scan QR codes,

  • circumvent security mechanisms,

  • attempt to hack, disrupt, or reverse-engineer the Platform,

  • upload harmful code, spam or phishing,

  • misrepresent their identity,

  • engage in behaviour that harms Placerion, other users, or Location Partners.

Placerion may suspend accounts for violations.

12. Payments, Fees & Taxes

  • Fiat payments are processed by third-party providers (e.g. Stripe).

  • Crypto payments use supported blockchain networks.

  • Users are responsible for gas fees, blockchain fees, and third-party payment charges.

  • Users are fully responsible for compliance with applicable tax laws regarding purchases, transfers, and rewards.

  • Placerion does not provide tax, financial, or investment advice.

13. Limitation of Liability

To the maximum extent permitted by law:

The Platform is provided “as is” and “as available”.
Placerion does not guarantee uninterrupted or error-free operation.

Placerion is not liable for:

  • blockchain failures, smart-contract vulnerabilities, or network congestion,

  • wallet compromise, lost private keys, or incorrect transfers,

  • failure, error or downtime of third-party providers,

  • lost value or liquidity of digital collectibles,

  • technical interruptions, bugs, or maintenance downtime,

  • user mistakes (wrong Wallet address, failed transactions);

  • force majeure events.

Total liability of Placerion in any 12-month period is limited to the amount you paid to Placerion during that period.

Nothing in these Terms shall limit or exclude any consumer rights that cannot be waived under applicable law.

14. Termination

Placerion may suspend or terminate your Account if:

  • you violate these Terms,

  • you violate applicable law,

  • your actions or omissions create a security risk, fraud risk, or legal exposure for Placerion or other Users, or

  • Placerion is legally required to suspend or terminate the Account by a competent authority.

If your Account is terminated:

  • you retain any Stamps already minted and stored in your Wallet, as these are fully under your control;

  • however, access to certain Platform features (including Reward System, statistics, collection views, minting of off-chain Stamps, or other services) may no longer be available.

Placerion may, at its discretion:

  • disable access to the Reward or Referral Systems,

  • revoke rewards not yet paid out, if you violate these Terms or if required by law.

15. Changes to the Terms

Placerion may modify these Terms at any time.
Updated Terms become effective once published.

Your continued use of the Platform after changes means you accept the new Terms.
For significant changes, Placerion may notify you via email or in-app message.

16. Governing Law

These Terms are governed by the laws of the Czech Republic.
Any disputes shall be resolved by the competent courts located in the Czech Republic.

Users may also seek out-of-court dispute resolution where applicable.

17. Contact

Placerion s.r.o.
[email protected]
www.placerion.com

© 2026 Placerion s.r.o., All rights reserved.

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© 2026 Placerion s.r.o., All rights reserved.

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© 2026 Placerion s.r.o., All rights reserved.

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