WSE Terms of Service
World Stock Exchange Terms of Service
Welcome to this web site is owned and operated by Hope Capital Pty. Ltd., Australia. By visiting and using this web site you will be accepting these Terms of Service (“TOS”). Please read them carefully and if you disagree with the TOS in any way, then do not use this web site. Hope Capital Pty. Ltd. reserves the right to post changes to the TOS on this web site at any time, and by your continuing to use the web site thereafter, you agree to be bound by the new version of the TOS. If any TOS changes are not acceptable, you must stop your use of this web site. In these TOS, ”Hope Capital” and "we" refer to Hope Capital Pty. Ltd., and “User” or "you" refer to each visitor to this web site.
Services Provided
1. WseLive.com "World Stock Exchange" is brought to you by Hope Capital Pty Ltd ACN 109 245 892, Australia ('Hope Capital').
2. Membership, website and services are free and there is no monetary charge to use our services. Hope Capital may change or withdraw the service, or parts of the service, at any time and at its complete discretion.
3. The World Stock Exchange is a fictional securities exchange and bank using third party fictional currency services for the purpose of providing a simulated and educational trading environment based on virtual companies (business operations controlled by anonymous avatars and residents in the virtual world of Second Life for educational and entertainment purposes.
4. By continued use of this service you will be bound by any further or revised terms of service published from time to time on the website.
5. We do not guarantee that access to or use of this web site or any services will be uninterrupted or error free, and Hope Capital shall not be liable for any feature, content and data not being accessible or for any errors and unavailability of this web site and services. The web site and its features may be expanded, limited or modified at any time by Hope Capital to meet the needs of its Users, or for technical or other reasons, without advance notice or reason. We may also in our sole discretion, and at any time, discontinue providing, temporarily or permanently, any or all of the web site, without notice. To access some of the content or features of the web site or its services, Users may need to enhance or update the hardware or software in their computer systems. Hope Capital assumes no responsibility for any failure to access the web site or any services, partially or fully, whether due to the User’s system, the network and telecommunications infrastructure or any other cause.
7. You cannot and may not rely on information provided on the website for deciding whether to acquire or dispose of a financial product, but must make your own investigations and if you consider appropriate, obtain advice.
Minors
We do not provide information or services to minors, and if you are under 18 you may only use this site with the active involvement of a parent, guardian or other supervising adult over the age of 18. The content on this website is rated PG, Parental Guidance is recommended.
No Individual Investment Advice
This web site is designed for educational and entertainment purposes and does not provide individual or customised legal, tax, or investment services. Since each individual's situation is unique, a qualified professional should be consulted before making financial decisions.
Content
1. The information published has been prepared for distribution over the Internet and without taking into account your investment objectives, financial situation, particular needs or tolerance for risk. Accordingly any comments or statements made are not a recommendation that a particular course of action is suitable for you and should not be regarded as investment advice.
2. Fictional services are not real, hold no monetary value and are not a legally recognised asset, investment or financial product, therefore no product or service provided by this website are investments or an investment opportunity.
3. Before making any fictional investment decision on the basis of any reports or information provided you must read all the information provided by each company and make your own investigations regarding the accuracy, reliability and completeness of this information.
4. No warranty is given as to the accuracy of information provided in relation to an offer of any services or financial products provided by third parties or Hope Capital, and you rely on it at your own risk.
5. Hope Capital will not, and does not vet, authorise or endorse the reliability, accuracy or completeness of any information provided on the website, and nor will it vet, authorise, endorse or accredit any advertisers, sellers or sponsors using this service. Hope Capital makes no recommendation as to the merits of any fictional or real investment opportunity referred to in this website.
6. We make no guarantees as to the accuracy, thoroughness or quality of the information on this web site, which is provided only on an “AS-IS” and “AS AVAILABLE” basis at User’s sole risk. Hope Capital shall not be responsible or liable for any errors, omissions or inaccuracies in the web site content. The information and investment strategies provided at this site are neither comprehensive nor appropriate for every individual. Some of the information is relevant only to Second Life and WIC Exchange, and may not be relevant to or compliant with the laws, regulations or other legal requirements of other countries. It is your responsibility to determine whether, how and to what extent your intended use of the information and services will be technically and legally possible in the areas of the world where you intend to use them. You are advised to verify any information before using it for any personal, financial or business purpose. The web site content and services may be modified at any time by us, without advance notice or reason, and Hope Capital shall have no obligation to notify you of any corrections or changes to any web site content.
7. You acknowledge that information provided by Hope Capital, whether verbally or in marketing and supporting material is simply published by it and is not always prepared by it. Information is provided for guidance only and may not be relied upon as advice.
8. You acknowledge that all account information including fictional currency account balances, interest rates and payments, trading balances, securities, bonds, shares, stocks and account activity logs are used for educational and entertainment purposes only and are not redeemable for any sum of money, legal currency or monetary value from Hope Capital at any time.
9.You agree that Hope Capital has the absolute right to manage, regulate, control, modify, edit and/or eliminate such account information as it sees fit in its sole discretion, in any general or specific case, and that Hope Capital Pty. Ltd. will have no liability to you based on its exercise of such right.
Fictional Services
You acknowledge that all "Fictional" services provided by Hope Capital on the World Stock Exchange are an imaginative creation in a simulated trading environment that are without basis in reality and hold no legal monetary or asset value.
Fictional Currency
Fictional currencies (Money, Currency, Cash, Dollars, Capital, Funds) are used as game tokens and have no monetary value in and of themselves and are therefore not directly taxable as income. You acknowledge that use of the Linden Currency (Linden Dollar, LND$, L$, Lindens) is subject to the Terms of Service provided by Linden Research Inc. located at www.secondlife.com and that use of the World Internet Currency (WIC, WICS, W$) is subject to the Terms of Service by WIC Exchange Pty. Limited. located at www.wicexchange.com
License to Use Content
We grant you a limited personal use license to access, use, display, download, format and print but not own portions of this web site content solely for your own personal, educational, entertainment and non-commercial use, provided that the content is not modified and all proprietary notices are kept intact. You may not reproduce, publish, translate, merge, sell, rent, distribute the content, or create a derivative work of the content on any other web site or as part of any educational, training or reference materials. You may not frame or utilize framing techniques to enclose any content on this web site.
Third Party Content
Any testimonials, opinions, advice, product or service offers, or other information or content made available on or through this web site by third parties (“Third Party Content”) are solely those of their respective providers and not of Hope Capital which does not guarantee the accuracy, completeness, reliability or usefulness of Third Party Content. It is the responsibility of the User to evaluate Third Party Content and Hope Capital shall not be liable for any damage or loss caused by Users’ reliance on or other use of Third Party Content.
Materials Posted by Users
By posting or submitting any material, you will be (a) granting Hope Capital a world-wide fully paid-up non-exclusive license to allow your materials to be edited and displayed by Hope Capital on its web site, and accessed by Users, for the purposes and on the terms in these TOS, (b) agreeing to indemnify and hold harmless Hope Capital and its Users from any claim or demand made by any third party due to or arising out of your materials, and (c) representing that you own or otherwise have the right to post the materials, that the materials are accurate, that use of the materials on the Hope Capital web site does not violate any laws, and that the materials will not cause injury to any person. Hope Capital shall have the right to use your name in connection with your posted materials.
Viruses
Hope Capital does not guarantee that files available for downloading through its web site will be free of infection or viruses or other code that may have contaminating or destructive properties. You are responsible for implementing sufficient procedures and checkpoints to satisfy your particular requirements for integrity, security and accuracy of data input and output, and for maintaining a means external to the site for the reconstruction of any lost data.
Advertisers Are Not Endorsed
Though we seek to partner with quality companies, we are not responsible for the claims or representations made by advertisers and sponsors. Hope Capital does not review, endorse or recommend the products or services of any company mentioned on our site. We will not be liable in any way for damages of any kind resulting out of the misuse of any personal information or data submitted by you to an advertiser or sponsor.
Links
As a convenience to Users, the World Stock Exchange web site and services may provide links to other sites or resources. Because we do not review or have no control over such sites and resources, Hope Capital shall not be responsible or liable for use of or reliance on any content, products, services or information at such sites or resources. Inclusion of any links does not imply any endorsement, affiliation, approval, association or sponsorship by Hope Capital of the linked web sites, resources, their operators or owners. When you select a link, you may be leaving our web site. The information available on third parties’ web sites may have certain restrictions on its use or distribution which differ from these TOS.
Password Protected Areas
1. Some areas of the World Stock Exchange web site (“Password Protected Areas”) are password protected and available only to Users who are registered with World Stock Exchange to have an account. Registration requires Users to fully complete the account registration process. Hope Capital reserves the right to deny or revoke registration or access to Password Protected Areas for any User. Hope Capital takes reasonable measures to ensure the security of the Password Protected Areas but cannot guarantee the absolute security of information or communications in such Password Protected Areas. Users are responsible for maintaining the security of the password they receive from Hope Capital and must notify us if they believe that the security of their password or account has been breached or subject to unauthorized use. Hope Capital will not be liable for any loss or liability incurred as a result of an unauthorized person using a User’s password.
2.You will not reveal your user or account name or password to any other person.
Prohibited Conduct
The following activities are strictly prohibited:
• Spamming, advertising, soliciting, slander or political campaigning
• Personal attacks on or abuse of any members, moderators, or administrators of a forum
• Postings for any unlawful or fraudulent purpose (including links)
• Posting of personal information belonging to other persons
• Phishing
• Posting materials containing viruses or other malicious or destructive code
• Posting of offensive content including profanity, obscenity, racist or pornographic material
• Posting of any materials that are defamatory or infringe any person’s rights
Privacy
This web site may collect personal information from some Users. Because Hope Capital respects the privacy of its Users and their personal information, it has established the Hope Capital Privacy Policy to protect your personal information.
Communications
Hope Capital and its related parties can communicate with the user via all forms of electronic communication including email and instant messaging services and notecards in a virtual world to provide any information relating to your account and the services provided on this website or by Hope Capital. When you visit our web site or send us email, our responses to your communications will be by e-mail. All agreements, notices and communications that we provide to you by email will satisfy all legal requirements that they be in writing and delivered to you. Hope Capital will have the right to disclose any email sent by a User, or any objectionable material, to comply with legal process or to protect the rights or property of Hope Capital, its customers, suppliers and Users.
Proprietary Rights
The World Stock Exchange web site and its content are protected by copyright, trade mark and other proprietary laws.
Services
Although Hope Capital offers services on the World Stock Exchange web site in many parts of the world, certain Hope Capital services may not be available in or suitable for certain countries or locales. We reserve the right to discontinue or to make changes to, any of our services at any time without advance notice.
DISCLAIMER OF WARRANTIES
HOPE CAPITAL DISCLAIMS ALL WARRANTIES, REPRESENTATIONS AND CONDITIONS OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO THE IMPLIED WARRANTIES AND CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NON-INFRINGEMENT, WITH RESPECT TO THE USE OF THIS WEB SITE AND ITS SERVICES, OR THE ACCURACY, COMPLETENESS, TIMELINESS OR CURRENTNESS OF ITS CONTENT, IN ANY WAY AND FOR ANY PURPOSE.
EXCLUSION OF CONSEQUENTIAL DAMAGES
IN NO EVENT WILL HOPE CAPITAL BE LIABLE FOR ANY INCIDENTAL, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY OR INDIRECT DAMAGES ARISING OUT OF THE USE OF OR INABILITY TO USE THIS WEB SITE OR ANY OF ITS SERVICES OR CONTENT, OR LOSS OF DATA, EVEN IF HOPE CAPITAL HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, AND WHETHER BASED ON CONTRACT, TORT, NEGLIGENCE, PRODUCT LIABILITY, STRICT LIABILITY OR OTHERWISE.
EXCLUSION OF LIMITATIONS AND DISCLAIMERS
BECAUSE SOME JURISDICTIONS DO NOT ALLOW THE DISCLAIMER OF WARRANTIES, OR THE EXCLUSION OR LIMITATION OF LIABILITY FOR CONSEQUENTIAL OR INCIDENTAL DAMAGES, IN SUCH JURISDICTIONS HOPE CAPITAL’S LIABILITY IS LIMITED TO THE GREATEST EXTENT PERMITTED BY LAW.
JURISDICTION
1. This agreement is governed by the laws of Victoria, Australia. You submit to the jurisdiction of the Courts of Victoria.
2. The clauses relating to the limits of liability, governing law and legal jurisdiction shall survive the ending of this agreement.
4. You will comply with the laws applicable in your place of residence and in Australia