Terms & Conditions

Terms of use

This section (“Terms of Use”) tells you the terms on which you may use this website www.weronin.com  (the “Platform“).

This Platform is a crowdfunding platform that permits prospective investors to independently search and invest in projects on the Platform, based on their own independent decision. By accessing the Platform or using the services, website, applications and software provided through or in connection with the Platform, (the “Service”) in any manner, you become a user (“User”).

You acknowledge that EUROPEAN DIGITAL EXGHANGE S.A.,  is a not a broker-dealer, investment firm, investment bank, financial institution or investment adviser, but is a crowdfunding service provider.

By using this Platform, you indicate that you accept these Terms of Use and that you agree to abide by them.

The Service is offered subject to acceptance of all of the terms contained in these Terms of Use, including the Privacy Policy, Membership Agreement, and any other agreement entered between you and EUROPEAN DIGITAL EXGHANGE S.A.  and all other operating rules, policies, and procedures that may be published on the Platform by EUROPEAN DIGITAL EXGHANGE S.A., each of which is incorporated by reference and each of which may be updated by us from time to time without notice to you or liability for such change. Users are advised to periodically review the Platform for any changes and contact EUROPEAN DIGITAL EXGHANGE S.A. with any questions. If there is a conflict between two versions of the Terms of Use to which you have agreed or been deemed to agree, the more recent version shall take precedence unless it is expressly stated otherwise.  In addition, other services offered through the Platform may be subject to additional terms and conditions adopted by EUROPEAN DIGITAL EXGHANGE S.A. and/or agreement entered between you and EUROPEAN DIGITAL EXGHANGE S.A.. Your use of those services is subject to those additional terms of use and/or separate agreements, which are incorporated into these Terms of Use by this reference. We refer to all of these other agreements as the “Platform Agreements,” because rather than just governing your technical use of the Platform, they set out the substantive terms that govern your relationship with us when you make use of our Platform.

These Terms of Use will continue to apply to you even after you have agreed to a Platform Agreement. However, if it turns out that there is a conflict between the Terms of Use and Privacy Policy and a Platform Agreement to which you have agreed, the Platform Agreement will take precedence.

If you do not agree to these Terms of Use or any other rule / document on the Platform, please refrain from using this Platform.

Information about us

www.weronin.com is a Platform operated by EUROPEAN DIGITAL EXGHANGE S.A., a Romanian legal entity, having its headquarter located at 42A Madrigalului street, Groundfloor, Ap. 4, Bucharest,  registered with Trade Registry of Bucharest under no. J40/5465/25.03.2021,   CUI 43985800, subscribed share capital actually paid-in 90.000 RON (“We”)

Accessing our site

Access to this Platform is permitted on a temporary basis, and we reserve the right to withdraw or amend the service we provide on this Platform without notice. We will not be liable if for any reason our site is unavailable at any time or for any period.

From time to time, we may restrict your access to some or all of this Platform.

You are responsible for making all arrangements necessary for you to have access to this Platform. You are also responsible for ensuring that all persons who access this Site through your internet connection are aware of these terms, and that they comply with them.

Modification and Termination 

We reserve the right, at our sole discretion and without prior notice, to modify or replace these Terms of Use, or change the Platform, stop providing the Platform, applications or services, or create usage limits for the Platform, or change, improve or correct the information, materials and descriptions on the Platform at any time for any reason. We may permanently or temporarily terminate or suspend your access to the Platform without notice or liability, for any reason or for no reason, including if in our sole determination you violate any provision of these Terms of Use. You are solely responsible for checking the Terms of Use periodically for changes. Your continued use of the service following the posting of any changes to the Terms of Use constitutes acceptance of those changes. Upon termination of these Terms of Use or your access to the Platform for any reason or no reason, you will continue to be bound by these Terms of Use which, by their nature, should survive termination, including without limitation ownership provisions, warranty disclaimers, indemnity, and limitations of liability. The information and materials on the Platform may contain typographical errors or inaccuracies. Any dated information is published as of its date only, and We do not undertake any obligation or responsibility to update or amend any such information. You agree that We and our affiliates will not be liable to you or to any third party for any such modification, suspension or discontinuance.

Intellectual property rights

All content and images on the Platform are either the property of, or used with permission by EUROPEAN DIGITAL EXGHANGE S.A.. The use of the content or images by you or anyone authorized by you, is prohibited unless specifically permitted by these Terms of Use or provided elsewhere on the Platform. By providing content on the Platform, you grant us a royalty-free, non-exclusive, worldwide license, under your intellectual property rights, to copy, reformat, index, modify, display, distribute and put to commercial and other uses the Platform. No compensation will be paid with respect to our use such content.

We are not responsible for content posted by third parties on our Platform (including content posted by investees and investors), including the content of pitches, pitch videos, images and content in the discussions.  EUROPEAN DIGITAL EXGHANGE S.A. neither warrants nor represents that your use of materials displayed on the Platform will not infringe rights of third parties not owned or affiliated with EUROPEAN DIGITAL EXGHANGE S.A. and no damages will be paid to you by us as a compensation for such actual or prospective infringement you or any third party may claim.

The trademarks, logo and slogans displayed on the Platform, including the mark „ronin”, (collectively the “Trademarks“) are owned by EUROPEAN DIGITAL EXGHANGE S.A. and others. Nothing on this Platform should be construed as granting any license or right to use the Trademarks without written permission of EUROPEAN DIGITAL EXGHANGE S.A. or such third party owner of the Trademarks. Your misuse of the Trademarks, or any other content on the Platform, except as provided in these Terms of Use, is strictly prohibited. You are advised that EUROPEAN DIGITAL EXGHANGE S.A. will aggressively enforce its intellectual property rights to the fullest extent of the law.

You acknowledge, accept and agree that if we receive a notice of a claim of copyright infringement, we may immediately remove the identified materials from our Platform without liability to you or any other party.

Reliance on information posted

Commentary and other materials posted on this Platform are not intended to amount to advice. We are not liable or responsible for any reliance placed on such materials by you or anyone who you may inform of any of its contents.

Eligibility for Use of the Services

As for the individuals, the Service is only available to individuals who are at least eighteen years old. You represent and warrant that if you are an individual, you are at least 18 years old, that you are fully able and competent to enter into the terms and conditions set forth in this and other agreements on the Platform, and that all registration information you submit is truthful, accurate and complete. If you are accessing the Platform and/or using the Services on behalf of an entity, such as your employer or a company you work for or control, you warrant and represent that you have the legal authority to bind that entity to these Terms of Use.

User Profile Registration

You may browse generally without registering with the Platform. For using the Platform and Services, you must complete the registration process by providing us with current, complete and accurate information. You are solely responsible for updating any and all pertinent registration information. Failure to do so shall constitute a breach of the Terms of Use, which may result in immediate termination of your Profile and access to this Platform. You will also choose a password and a user name. EUROPEAN DIGITAL EXGHANGE S.A. reserves the right in its sole discretion to refuse registration of or cancel a User Name, and domain name. You are solely responsible for maintaining the confidentiality of your password and Profile. You agree to notify EUROPEAN DIGITAL EXGHANGE S.A.  immediately in writing of any unauthorized use of your Profile or any other breach of security. You will not share your password, let anyone else access your Profile, or do anything else that might jeopardize the security of your Profile. You will not transfer your Profile to anyone without first getting our written permission. You acknowledge and agree that you are liable for any damages or losses to EUROPEAN DIGITAL EXGHANGE S.A. and other Users by any use of your Profile, either authorized or unauthorized.

You agree that your Profile will be self-directed and that you are solely responsible for all purchases, orders, investment decisions and instructions placed in your Profile. Although the Platform may provide data, information or content provided by third-parties or us relating to investment strategies and/or opportunities to buy and/or sell, you should not interpret any such content as tax, legal, financial, or investment advice by us or a recommendation by us to invest in any offering posted on the Platform. Any decision to invest shall be based solely on your own consideration and analysis of the risks involving a particular offering and is made at your own risk. You acknowledge and agree that you are solely responsible for determining the suitability of an investment or strategy and accept the risks associated with such decisions, which include the risk of losing the entire amount of your principal. We have no special relationship with or fiduciary duty to you and your use of the Platform  or the Services does not create such a relationship. You agree and acknowledge that you are responsible for conducting your own legal, accounting and other due diligence review of the investment opportunities posted on the Platform. You are strongly advised to consult a licensed legal professional and investment advisor for any legal, tax, insurance, or investment advice as the Platform does not provide any of the foregoing advice or recommendations.

User Conduct Guidelines

You represent and warrant that all information that you provide to EUROPEAN DIGITAL EXGHANGE S.A.  or through the Platform is accurate, complete and truthful. EUROPEAN DIGITAL EXGHANGE S.A.  is entitled to rely upon the information you provide as true, accurate and complete without independent verification.  Any due diligence or verification process we may conduct do not exclude, alter or otherwise exonerate you from this warranty and related liability.  We reserve the right to suspend or terminate your Profile if any information provided during the registration process or thereafter proves to be inaccurate, not current or incomplete.

The Platform permits Users to independently connect with other Users and use the Services by investing in projects they support. However, you are expressly prohibited from doing the following acts: (a) using the Platform, or any services and or tools if you are temporarily, or indefinitely, suspended from using the Platform, services or any tools; (b) collecting personal information about other Users; (c) posting false, inaccurate, misleading, defamatory, or libelous content on the site. We grant you a limited, revocable, non-exclusive, non-transferable license to view and copy  content on the Platform only for personal purposes derived from investment process and using the Services. We grant the operators of public search engines a limited, non-exclusive, non-transferable license to copy materials from the Platform for the purpose of creating publicly available, searchable indices of Platform content. We reserve the right to terminate or limit your access to the Platform and/or the licenses granted herein for any reason and in our sole discretion. You agree not to modify, damage, disrupt, disable, overburden, impair, alter or interfere with the use, features, functions, operation, security or maintenance of the Site or the rights or use and enjoyment of the Platform by any other person or entity in any manner.

You are prohibited from posting or transmitting any material on or through the Site that, in our sole opinion, is or could be offensive, fraudulent, unlawful, threatening, disingenuous, defamatory, obscene, scandalous, inflammatory, pornographic or profane, or any material that could constitute or encourage conduct that would be considered a criminal offense, give rise to civil liability, or otherwise violate any law. We will fully cooperate with any law enforcement authorities or court order requesting or directing us to disclose the identity of anyone posting any such information or materials on the Platform.

EUROPEAN DIGITAL EXGHANGE S.A.  is not obligated under law or regulation to provide its services to every company that applies. We  also   deny our services to any offering which we cannot adequately assess with respect to fraud or investor protection concerns. We are not required to inform companies the reason(s) why we have declined to provide our services. 

Risk warning

You understand the risks of investing on the Platform include but are not limited to:

1. 1. 1. Complete Loss of Capital. Most start-up businesses, and many other businesses, fail and therefore, investing in these businesses may involve significant risks. If you invest in a business displayed on the Platform, it is significantly more likely that you will lose all of your invested capital than you will see any return of capital or a profit. In the event of a business failing you will be liable, as a shareholder in a business, and it is likely that you may lose all, or part, or your investment. If a business you invest in fails, neither the company you invest in nor Edx will pay you back you investment. You should only invest an amount that you are willing to lose and should build a diversified portfolio to spread risk. You should not invest more money in the types of businesses displayed on the Platform than you can afford to lose without altering your standard of living.
      2.  Irrelevance of past performance. Past performance of a business or investment is not an indication of future performance of that business or investment. The value of your investment may go down as well as up due to a number of factors including but not limited to the volatility of world markets, interest rates and capital values. You may not necessarily get back the amount you invested.
      3.  Illiquidity. Almost all investments you make in businesses displayed on the Platform will be highly illiquid. It is very unlikely that there will be a secondary market for the Shares of the Investee Company. This means that you are unlikely to be able to sell your Shares until and unless the Investee Company floats on a stock exchange or is bought by another company; and, even if the Investee Company is bought by another company or floats, your investment may continue to be illiquid. Even for a successful business, a flotation or purchase is unlikely to occur for a number of years from the time you make your investment.
      4. Rarity of Dividends. Businesses of the type displayed on the Platform rarely pay dividends. This means that if you invest in a business through the Platform, even if it is successful you are unlikely to see any return of capital or profit until you are able to sell your Shares in the Investee Company. As explained above, even for a successful business this is unlikely to occur for a number of years from the time you make your investment.
      5. Subsequent Dilution. Any investment you make in a business displayed on the Platform is likely to be subject to dilution. This means that if the business raises additional capital at a later date, it will issue new shares to the new investors, and the percentage of the Investee Company that you own will decline. These new shares may also have certain preferential rights to dividends, sale proceeds and other matters, and the exercise of these rights may work to your disadvantage. Your investment may also be subject to dilution as a result of the grant of options (or similar rights to acquire shares) to employees of, service providers to or certain other parties connected with, the Investee Company.
      6. Diversification. If you choose to invest in businesses of the type displayed on the Platform, such investments should only be made as part of a well-diversified portfolio. This means that you should invest only a relatively small portion of your investable capital in such businesses, and the majority of your investable capital should be invested in safer, more liquid assets. It also means that you should spread your investment between multiple businesses rather than investing a larger amount in just a few.

Policy for Investor Comments

We may make available a Comments section. If so, the present chapter becomes applicable.

The purpose of the Comments section is to provide a communication channel for investors and potential investors to engage with one another, and with the entrepreneurs.

The Comments section allows investors to ask the entrepreneurs questions about the projects and allows investors to exchange ideas, opinions and feedback with other investors. The communication channel is not curated by EUROPEAN DIGITAL EXGHANGE S.A.

Users are encouraged to participate in the communication channels so long as comments adhere to the following guidelines. All comments are reviewed by us and a log is kept for all flagged comments. The following types of comments (without limitation) are not permitted and will be removed:

• SPAM or any content unrelated to the projects, in any respect.
• Direct or indirect solicitation of or promotion with respect to offerings on other sites.
• Profanity or derogatory language based on presumed race, sex, age or national origin or sexual preference or otherwise coarse or inappropriate language or violates our Terms of Use.
• Comments from Users of the Platform, or any services and or tools, if they are temporarily, or indefinitely, suspended from using the Site, services or any tools.
• Comments which attempt to collect personal information about other Users.

If we see a comment and suspect it violates our policy, it will be flagged and we may remove such comment.

No Representations or Warranties

To the extent permissible under law, and in addition to any other disclaimer and exclusions of liability under this Terms of Use, EUROPEAN DIGITAL EXGHANGE S.A. assumes no liability or responsibility for (i) any errors or omissions in the content of the Platform and (ii) any damage you may have for inappropriate operation/functioning of the Platform. EUROPEAN DIGITAL EXGHANGE S.A. does not endorse or represent the completeness, reliability or accuracy of any content or information distributed through or accessed from the Platform, and has not performed any investigation into such information. EUROPEAN DIGITAL EXGHANGE S.A.  shall not be liable for any investment decisions made based upon such information. You agree that any reliance upon any content or information distributed through or accessed from the Platform is at your sole risk. EUROPEAN DIGITAL EXGHANGE S.A. is entitled to rely upon the information provided by its Users. You acknowledge and agree that EUROPEAN DIGITAL EXGHANGE S.A. does not provide any representation, warranty or assurance that the projects on the Platform are made in accordance with the applicable laws. Each entrepreneur, and not the Platform, is responsible for ensuring that any project is done in accordance with the applicable laws. We make no representation or warranties regarding the legality or compliance of any project offered on our Platform. EUROPEAN DIGITAL EXGHANGE S.A. has not reviewed all of the links provided on the Platform and is not responsible for the content of any off-Platform pages. Clicking on hyperlinks and visiting any off-Platform pages is solely done at your own risk.

EUROPEAN DIGITAL EXGHANGE S.A. DISCLAIMS ALL WARRANTIES OR CONDITIONS, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY AND/OR FITNESS FOR A PARTICULAR PURPOSE OF THE PLATFORM. THE PLATFORM, SERVICES AND/OR TECHNOLOGIES PROVIDED ARE PROVIDED STRICTLY ‘AS IS’ AND ‘WITH ALL FAULTS’ AND WITHOUT WARRANTIES, LIABILITIES OR CONDITIONS OF ANY KIND. WITHOUT LIMITING THE FOREGOING, THERE ARE NO WARRANTIES OF TITLE, NON-INFRINGEMENT OR OF RESULTS OBTAINED WITH RESPECT TO USE OF PLATFORM, ANY SERVICES OR TECHNOLOGIES PROVIDED BY EUROPEAN DIGITAL EXGHANGE S.A..

Information about you and your visits to our Platform

We process information about you in accordance with our  Privacy Policy. By using this Platform, you consent to such processing and you warrant that all data provided by you is accurate.

Viruses, hacking and other offences

You must not misuse this Platform by knowingly introducing viruses, trojans, worms, logic bombs or other material which is malicious or technologically harmful (together “Viruses”). You must not attempt to gain unauthorised access to our Platform, the server on which our site is stored or any server, computer or database connected to this Platform. You must not attack this Platform via a denial-of-service attack.

By breaching this provision, you may commit a criminal offence. We will report any such breach to the relevant law enforcement authorities and we will co-operate with those authorities by disclosing your identity to them. In the event of such a breach, your rights to use this Platform will cease immediately.

By using the Platform, you are aware that it may contain Viruses. We will not be liable for any loss or damage caused by a denial-of-service attack or Viruses that may infect your computer equipment, computer programs, data or other proprietary material due to your use of this Platform or to your downloading of any material posted on it, or on any website linked to it.

The Service is controlled and operated from facilities within Romania. We make no representations that the Service is appropriate or available for use in any other jurisdictions. Accessing the Service is prohibited from territories where the content on the Platform is prohibited.

You acknowledge and agree that it is solely your responsibility to be aware of the applicable laws and regulations of your country of residence.

The content, material and information contained on the Platform is not addressed to anyone (i) in any jurisdiction where such Services are against the law; (ii)  to whom it is unlawful to make available such Services.

Linking to our site and scrapping

You may not link to this Platform without our prior written permission.

You may not scrape content from this site and repost such content, either manually or automatically, without our prior written consent.

This site must not be framed on any other site without our prior written permission.

We reserve the right to withdraw linking, scraping and framing permission without notice.

Links from our site

Where this Platform links to other sites and resources provided by third parties, these links are provided for your information only. We have no control over the contents of those sites or resources, and accept no responsibility for them or for any loss or damage that may arise from your use of them.

Our liability

To the extent permitted by law and without prejudice to any other limitation and exclusion of liability provided for by any Platform Agreement, we hereby expressly exclude:

– All conditions, warranties and other terms which might otherwise be implied by statute or law.

– Any liability for any direct, indirect or consequential loss or damage incurred by any User in connection with our Platform or in connection with the use, inability to use, or results or the use of this Platform, any websites linked to it and any materials posted on it, including, without limitation any liability for any actual or prospective:

• Loss of income or revenue;
• Loss of business;
• Loss of profits or contracts;
• Loss of anticipated savings;
• Loss of data;
• Loss of goodwill;
• Wasted management or office time;​
• and for any other loss or damage of any kind, however arising and whether caused by tort (including negligence), breach of contract or otherwise, even if foreseeable.

This does not affect our liability for death or personal injury arising from our liability for fraud or fraudulent misrepresentation, nor any other liability which cannot be excluded or limited under applicable law.

Indemnification

You agree to indemnify, defend and hold us, and any of our successors and assigns, and any of respective officers, directors, employees, agents, representatives, licensors, advertisers, suppliers, and operational service providers harmless from and against any and all claims, actions, losses, expenses, damages and costs (including reasonable attorneys’ fees), resulting from any breach or violation of these Terms of Use by you or arising from your use of the Platform.

Notification Procedures

We may provide notifications, including those regarding modifications to these Terms of Use, whether such notifications are required by law or are for marketing or other business related purposes, to you via email notice, written or hard copy notice, or through posting of such notice on our Platform, as determined by us in our sole discretion. We reserve the right to determine the form and means of providing notifications to visitors. Note that you may opt out of certain means of notification as described in these Terms of Use. We are not responsible for any automatic filtering you or your network provider may apply to email notifications we send to the email address you provided to us.

Your use of electronic signatures to sign documents legally binds you in the same manner as if you had manually signed such documents. The use of electronic versions of documents fully satisfies any requirement that such documents be provided to you in writing. If you sign electronically, you represent that you have the ability to access and retain a record of such documents. You agree that you are responsible for understanding these documents and agree to conduct business by electronic means.

You agree that you any confirmation of a checkbox on our Platform or execution of any Platform Agreement by confirming a checkbox encompasses your consent and legally binds you in the same manner as if you had manually signed such documents.

Integration and Severability

The failure of EUROPEAN DIGITAL EXGHANGE S.A.  to enforce any right or provision of these Terms of Use will not constitute a waiver of future enforcement of that right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of EUROPEAN DIGITAL EXGHANGE S.A.. These Terms of Use and other referenced materials are the entire agreement between you and EUROPEAN DIGITAL EXGHANGE S.A.  with respect to the Service, and supersede all prior or contemporaneous communications and proposals (whether oral, written or electronic) between you and EUROPEAN DIGITAL EXGHANGE S.A. with respect to the Service and govern the future relationship. Except as expressly set forth in these Terms of Use, the exercise by either party of any of its remedies under these Terms of Use will be without prejudice to its other remedies under these Terms of Use or otherwise. If for any reason a court or arbitral, as applicable, of competent jurisdiction finds any provision of these Terms of Use invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms of Use will remain in full force and effect and enforceable.

Text Messaging

If you provide your mobile phone number to us, by doing so you consent to receive text message alerts from us containing product, event, or promotional information in a text or SMS message (“Text Messages”). You can unsubscribe from receiving Text Messages at any time by replying “STOP” to one of our Text Messages or notifying us.

Jurisdiction and applicable law

The Bucharest courts will have non-exclusive jurisdiction over any claim arising from, or related to, a visit to our site although we retain the right to bring proceedings against you for breach of these conditions in your country of residence or any other relevant country. These terms of use are governed by Romanian law.

Thank you for visiting our website.