1. Intellectual Property Rights
1.1 User-Generated Content
As a creator, you retain full ownership of the content you upload to Hitmakr, including but not limited to music, lyrics, and other artistic work. By uploading content, you grant Hitmakr a limited, non-exclusive license to display, distribute, and use your content within the platform. The owner(s) of the ‘DSRC’ hold a non-transferrable ERC-721 token to validate ownership, and can generate ERC-7066 tokens to show partial ownership/permission granted to parties who own special ‘Editions’ of the primary token.
1.2 Platform License Hitmakr maintains ownership of its proprietary technology, branding, and other intellectual property associated with the platform. Unauthorized use of any of Hitmakr’s intellectual property is prohibited.
1.3 Copyright Infringement Policy Hitmakr respects copyright law. If you believe your copyright is being infringed, please contact us with specific details about the alleged infringement. We will take necessary actions, including removing infringing content, if applicable.
2. Content Licensing & Revenue Splitting
2.1 Revenue Sharing
Hitmakr facilitates real-time revenue splits for collaborators. By using this feature, you agree that revenue will be shared according to the agreements set up within the platform and that Hitmakr is not responsible for any disputes regarding revenue distribution between collaborators.
2.2 Licensing Terms
If licensing arrangements are made through Hitmakr, users are responsible for adhering to these agreements. Hitmakr only provides a platform for connecting artists, producers, and labels and does not assume liability for the terms of these agreements.
3. Payment Terms
3.1 Monetization and Fees
Once monetization is activated, certain transactions may incur service fees. Users will be informed about any applicable fees before completing a transaction.
3.2 Payouts and Revenue
Splits Revenue splits and payouts will be processed based on the platform’s operational schedule. Hitmakr is not responsible for delays in transactions resulting from blockchain congestion or technical issues beyond our control.
4. Security & Audits
4.1 Security Measures
We prioritize the security of your data and assets. Hitmakr implements industry-standard security measures to protect user information and transactions on the platform.
4.2 Audit Information
Before enabling full monetization and moving to mainnet, Hitmakr will undergo comprehensive security audits to ensure platform reliability and safety. We aim to create a secure, seamless experience for all users.
5. Dispute Resolution
5.1 Dispute Process
In the event of a dispute, please contact us at staff@hitmakr.com. Hitmakr encourages mediation for conflict resolution before resorting to legal action.
5.2 Governing Law
This agreement is governed by the laws of the United States, and any disputes will be resolved in the United States’ jurisdiction. You agree to submit to the personal jurisdiction of these courts.
6. Limitation of Liability
6.1 Platform Risks
Users acknowledge that using blockchain technology involves inherent risks, including transaction delays, data loss, or potential security breaches. Hitmakr is not liable for any loss or damage resulting from these risks.
6.2 Liability Limitations
To the fullest extent permitted by law, Hitmakr is not liable for any indirect, incidental, or consequential damages arising from your use of the platform. This includes, but is not limited to, loss of data, loss of revenue, or loss of anticipated profits.
Modifications to Terms
Hitmakr reserves the right to update these terms to reflect changes in our services, legal requirements, or user feedback. Users will be notified of significant updates through the platform or via email. Continued use of Hitmakr after changes indicates acceptance of the updated terms.
Contact Information
If you have any questions or concerns regarding these terms or need further assistance, please reach out to us. Thank you for being part of the Hitmakr community. Let’s create, connect, and revolutionize music together!