Terms of Service for [swapnix.com] – Ring Exchange Platform

1. Scope of Agreement
These Terms of Service ("Terms") govern the use of the ring exchange platform [
swapnix.com] ("the Platform"), operated by [swapnix Inc.], located in the State of Delaware, United States. The Platform allows registered users to engage in non-commercial item or service exchanges organized in circular ("ring") trade structures.

2. Function of the Platform
The Platform provides technical infrastructure to facilitate contact and coordination among users interested in participating in ring exchanges.
A
ring exchange involves multiple users where each user provides an item or service to one participant and receives something from another.

A ring exchange only becomes binding once all involved users have explicitly confirmed their participation. Until such full agreement is reached, no contractual obligation exists.

3. No Contractual Role of the Platform
[swapnix.com] is not a party to any exchange agreement made between users. The Platform merely provides a coordination service and does not mediate, enforce, or guarantee any part of the transaction.

4. No Warranty or Guarantee
The Platform makes
no representations or warranties of any kind regarding:

  • The quality, condition, legality, or ownership of any item or service offered,
  • The performance of users in honoring the exchange, or
  • The accuracy of any information posted by users.
  • Users accept all risks associated with entering into exchanges through the Platform.

5. User Responsibilities
Each user is solely responsible for:

  • The accuracy and legality of the item or service they offer,
  • Fulfilling their part of the exchange after final confirmation,
  • Complying with all applicable local, state, and federal laws, including those governing ownership, safety, and the legality of exchanged items.

6. Binding Effect After Mutual Agreement
Once all users involved in a ring exchange have
explicitly confirmed their participation (e.g., by clicking a confirmation button), the exchange becomes binding.
Users may not withdraw after confirming unless all other participants in the same exchange consent to the withdrawal.

7. Limitation of Liability
To the maximum extent permitted by Colorado and U.S. law, [swapnix.com] and its operators shall not be liable for any damages arising from or related to:

  • Non-performance or fraud by any user,
  • Defective or unsafe items or services,
  • Loss, theft, or miscommunication during or after the exchange.
    Users agree to indemnify and hold [Platform Name] harmless from any claims related to exchanges they enter into through the Platform.

8. Prohibited Conduct
Users may not use the Platform to:

  • Post or exchange illegal or restricted items,
  • Harass, defraud, or deceive other users,
  • Infringe on any third-party rights (e.g., copyrights, trademarks).

Violations may result in immediate suspension or permanent ban from the Platform.

9. Fees
Use of the Platform is currently free of charge. We reserve the right to introduce fees for certain features or services in the future. In such cases, we will inform users in advance and obtain explicit consent before any charges apply.

10. Changes to the Terms
[swapnix.com] reserves the right to update these Terms at any time. Users will be notified of any material changes, and continued use of the Platform after such notice constitutes acceptance of the updated Terms.

11. Governing Law and Venue
These Terms shall be governed by the laws of the State of Colorado, without regard to conflict of law principles. Any legal disputes shall be resolved in the appropriate courts located in Colorado.

12. Severability
If any provision of these Terms is held to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.