Privacy policy and rules for processing personal data

PUBLIC OFFER

Valid from October 10th 2024

This Public Offer (hereinafter referred to as "Offer") is an offer of LOOTE LTD, located at the registered address Arachovas, 3, 3096, Limassol, Cyprus, company number: HE 452854, (hereinafter referred to as "LOOTE LTD"), to establish legal relations with individuals and legal entities (hereinafter referred to as "Customers") who use the services of LOOTE LTD. Hereinafter, the parties to the legal relationship are referred to individually as "Party" and collectively as "Parties".

1. SUBJECT OF THE OFFER
1.1 LOOTE LTD provides the Customer with the services of searching and selecting a counterparty to conclude a deal on the lease of Internet resources (IP-addresses).
1.2 The cost of LOOTE LTD services is determined on the basis of the Customer's request based on the characteristics of the required Internet resources and the duration of the lease.
1.3 The composition of LOOTE LTD services is set forth in Section 3 of this Offer.

2. TERMS AND DEFINITIONS
2.1. Customer — an individual or legal entity who has sent a request to LOOTE LTD by filling out the appropriate form on the site at https://ipm.store/ (hereinafter - the Website) or by electronic message to the address specified in the appropriate section of the Website, in order to use the services of LOOTE LTD.
2.2 Supplier — an owner of Internet resources who has the right of legal possession and disposal of Internet resources and is ready to provide them for rent using LOOTE LTD services.
2.3. Buyer - Customer who has addressed LOOTE LTD with a request and is ready to rent Internet resources from the Supplier offered by LOOTE LTD.
2.4 Services - LOOTE LTD services on search and selection of a counterparty in accordance with the Customer's request, as well as related services.

RIGHTS AND OBLIGATIONS OF THE PARTIES
2.1 To use the Services, the Customer is obliged to:
2.1.1 Send LOOTE LTD request for counterparty selection by filling in the appropriate form on the Website at https://ipm.store/ or by e-mail to the address specified in the relevant section of the Website. A proper request is a request that contains:
- requiered subnetwork characteristics;
- the estimated term of the lease.
2.1.2 At the request of LOOTE LTD provide LOOTE LTD with additional information. The scope and content of additional information is determined by LOOTE LTD considering requirements of current legislation, the current privacy policy, the purpose and content of the transaction to be concluded.
2.1.3 Guarantee completeness and reliability of the provided information. In case of detection of unreliability and/or incompleteness of the provided information LOOTE LTD has the right to refuse to provide Services to the Customer.
2.1.4. Independently monitor the security of the e-mail address used. The Customer is responsible for any actions of third parties, made with the use of e-mail address in correspondence with LOOTE LTD in the process of providing Services, as well as using its Internet connection, as their own.
2.1.5 Do not allow the use of the Services, as well as the use of rented Internet resources for purposes contrary to the applicable laws of the countries of residence of LOOTE LTD, the Buyer and the Supplier.
2.2 LOOTE LTD reserves the right to make changes to this Offer without notifying Customers, and the date of its update will always be indicated in the Offer. The Customer is obliged to regularly monitor all changes made to the Offer. If the Customer does not agree with the new version of the Offer, the Customer must immediately stop using the Services.
2.4 LOOTE LTD reserves the right to update the Website. The updated Website may contain corrections of errors, defects, other innovations.
2.5 LOOTE LTD collects personal data with the Customer's consent and in accordance with the Privacy Policy. Provision of any personal data by the Customer means his consent to their processing by LOOTE LTD for the purposes of execution of the Offer.

3. ENTERING INTO TRANSACTIONS USING SERVICES
3.1 The interaction between the Customer and LOOTE LTD is made by exchange of electronic messages using the e-mail address of LOOTE LTD, specified in the corresponding section of the Website, and the e-mail address of the Customer, specified by him when filling out the form of request on the Website or directly in the e-mail message sent by LOOTE LTD.
3.2 After studying the Customer's request, in the case the Suppliers have Internet resources corresponding to the Customer's request, LOOTE LTD notifies the Customer about the readiness to fulfill the request, indicating the cost of rent and the cost of Services.
3.3 LOOTE LTD has the right to conduct a KYC check on the Customer. Specific conditions of such verification of each Customer are determined by LOOTE LTD independently, considering the Customer's request, the proposed terms of the transaction and other factors that LOOTE LTD considers relevant. If such a decision is made, further use of the Services is possible only in the case the Customer has successfully passed the verification.
3.4 Upon approval of the request, agreement of the cost of renting Internet resources and the cost of Services, and upon successful KYC check, the Buyer shall transfer to the LOOTE LTD deposit the rental fee to be transferred to the Supplier under the transaction, taking into account the cost of Services.
3.5 Along with the transfer of rental fee, the Buyer shall provide an Autonomous System Number (ASN) to accept Internet resources for rent.
3.6 The term of lease of Internet resources under the transactions concluded under this Offer shall be calculated in months. The minimum term of lease of Internet resources is 1 month.
3.7 In order to transfer the Internet resources for lease, the Supplier shall, within 2 days, prepare and submit documents confirming the Buyer's right to own and use the Internet resources, namely: Route Origin Authorization (ROA), IP route, Resource Public Key Infrastructure (RPKI), Letter of Authorization (LOA), information in the RIR about the change of geolocation of the Internet resources.
3.8 Upon the Buyer's request, the Supplier is entitled to provide the reverse DNS (rDNS) of the leased Internet resources within 2 days.
3.9 The term for submission of documents and information in accordance with clauses 3.6, 3.7 of this Offer may be extended by agreement of the Parties. In case of disagreement of the Buyer with the new terms, the funds transferred by the Buyer in accordance with clause 3.4. of this Offer shall be returned to the Buyer.
3.10. At the Buyer's request LOOTE LTD has the right to send requests for geolocation changes to Maxmind, IP2Location, DB-IP geobases on behalf of the Buyer.
3.11. The rental fee transferred by the Buyer in accordance with clause 3.4. of this Offer and to be transferred to the Supplier shall be kept on the LOOTE LTD deposit during the period necessary for the Parties to prepare documents, conclude the transaction and transfer the Internet resources for lease, as well as during the trial period of the Buyer's use of the leased Internet resources. This trial period may not exceed one week.
3.12. After the end of the trial period, in case the Buyer has no motivated comments to the leased Internet resources, the funds, less the LOOTE LTD fee, shall be transferred to the Supplier.
3.13. If the Supplier fails to eliminate the Buyer's motivated remarks within 2 (two) days from the date of their receipt, the Buyer has the right to withdraw from the transaction and submit a request for the return of the transferred funds.
3.14. The Buyer is obliged not later than 3 (three) days before the end of the paid period of rental of Internet resources to transfer to LOOTE LTD the rental fee for the upcoming rental period or to send a refusal of further rental of Internet resources.
3.16. The rental fee transferred by the Purchaser in accordance with clause 3.14. of this Offer shall be promptly transferred to the Supplier.
3.17. After the end of the lease of Internet resources, the Buyer is obliged to remove the announcement of Internet resources (subnets) from its hoster.
3.18. After the end of the lease of Internet resources LOOTE LTD has the right to remove IP-addresses of these Internet resources from blacklists by the Supplier's order.
3.19. The Parties to the transaction and LOOTE LTD have the right to use any means of settlement, not contrary to the current legislation of Cyprus and the countries of residence of the Parties.

4. INTELLECTUAL PROPERTY RIGHTS
4.1 The Website and all related intellectual property objects, including texts, means of individualization, images, databases, audio and video materials, placed on the Website, are the objects of intellectual property rights of LOOTE LTD.
4.2 The Customer is prohibited to reproduce, repeat, copy, sell, use for commercial purposes the materials or content of the Website.

5. RESPONSIBILITY
5.1 LOOTE LTD is responsible for the quality of the Services provided in accordance with this Offer, in terms of selection of the Supplier of Internet resources that meet the requirements of the Buyer, as well as in carriyng out settlements between the Parties.
5.2 LOOTE LTD is responsible for the validity of transactions concluded using the Services:
i) with regard to the Supplier's ownership or legal possession and disposal of Internet resources;
ii) in terms of guarantee of return to the Buyer of funds transferred in accordance with clause 3.4. of this Offer, in case of objective impossibility to use the leased Internet resources, revealed during the trial period. In such case, the funds shall be returned to the Buyer within 2 (two) days from the date of receipt of a request from the Buyer in accordance with clause 3.13. of this Offer.
5.3. LOOTE LTD is not responsible for the failure to provide (poor quality) services for reasons beyond the competence of LOOTE LTD.
5.4. LOOTE LTD is not responsible for the quality of Internet resources, which are the subject of transactions of Customers, after the trial period in accordance with paragraph 3.6. of this Offer.
5.5. LOOTE LTD is not responsible for the compatibility of the Website with the Customer's devices, from which the Customer performs operations with the Website.
5.6. LOOTE LTD is not responsible for the compliance of the Website and LOOTE LTD Services with the Customer's goals.
5.7 The Customer shall be liable for breach of the terms and conditions of this Offer.
5.8. The Customer is familiar and unconditionally agrees that in case the Customer violates the conditions stipulated in clause 2.1.5. of this Offer, the transaction for the lease of Internet resources will be immediately terminated, and the Buyer has no right to demand the return of any funds paid under the transaction.
5.9 The Customer is familiar with and unconditionally agrees that in case of the Buyer's breach of the conditions stipulated in clause 3.17. of this Offer, the Buyer is fully liable for losses and other damage caused to the Supplier by failure to fulfill this obligation.
5.10. The Parties shall not be liable for failure to fulfill their obligations due to force majeure.

6. OTHER CONDITIONS
6.1 LOOTE LTD services are provided "as is", without warranties of quality or fitness for use not expressly provided for in this Offer. LOOTE LTD does not guarantee that the information uploaded by the Customer meets its standards of truthfulness, accuracy or relevance.
6.2 LOOTE LTD has the right to send the Customer messages concerning LOOTE LTD, the Website, the Offer and the Services by e-mail.
6.3 The Parties shall apply the laws and procedural laws of Cyprus with respect to the use of the Website and Services.
6.4 The Parties shall consider proper signing of documents (and attachments) sent by e-mail (as well as by exchange of scanned copies by e-mail). Such documents shall have full legal force.
Appropriate e-mail addresses are: for LOOTE LTD - e-mail addresses specified on the Website; for the Customer - e-mail address specified by him when filling out the form on the Website or directly in the e-mail message sent by LOOTE LTD.

LOOTE LTD.
Company Name:
LOOTE LTD
Company Number: HE 452854
Arachovas, 3, 3096, Limassol, Cyprus