Terms & Conditions (Terms of Service)
Effective Date: January 1st, 2025
Welcome to Fibonaco Ventures Pvt. Ltd. (“Company,” “we,” “us,” or “our”). These Terms & Conditions (“Terms”) govern your access to and use of our website(s) and our multi-agent AI tool platform, MAI (collectively, the “Services”). By creating an account, signing in, or otherwise using the Services, you agree to these Terms. If you do not agree, do not access or use the Services.
1. Introduction & Acceptance of Terms
1.1 Parties
These Terms are a legally binding agreement between you (“User,” “you,” or “your”) and Fibonaco Ventures Pvt. Ltd.
1.2 Eligibility
You must be at least 16 years of age (or the age of majority in your jurisdiction) to use the Services. By accessing or using the Services, you represent that you have the authority and capacity to enter into these Terms.
1.3 Modifications
We reserve the right to modify these Terms at any time. We will provide notice of material changes (e.g., via email, platform notifications, or an updated date at the top of this page). Continued use of the Services after such changes constitute acceptance of the revised Terms.
2. Description of MAI Platform
2.1 MAI Overview
MAI is a multi-agent AI tool platform that enables developers, organizations, and end users to custom-create digital agents or teams of agents capable of performing various tasks. Users can configure or write prompts, integrate external APIs, and deploy AI-driven workflows to automate digital processes.
2.2 No Guarantee of Results
While MAI is designed to help you streamline processes, we do not guarantee any specific outcome, revenue generation, or level of performance.
3. Accounts & Registration
3.1 Account Creation
To use certain features, you may be required to register an account. You agree to provide accurate, current, and complete information and update it promptly. You are responsible for safeguarding your account credentials.
3.2 Account Use
You are responsible for all activities that occur under your account. If you suspect unauthorized activity, notify us immediately at [email protected]. We are not liable for losses arising from unauthorized use of your account.
3.3 Account Restrictions
We may suspend or terminate accounts for violations of these Terms, for suspected fraudulent activity, or for other reasons at our sole discretion.
4. Developer Tools & User Responsibilities
4.1 Custom Agent Creation
MAI allows you to create custom AI agents by configuring prompts, uploading data, or integrating third-party APIs. You are solely responsible for any code, configurations, or data you provide.
4.2 Third-Party Integrations
Some features may integrate or interact with third-party services (e.g., GitHub, AWS, or payment gateways). Your use of such services is subject to their respective terms and policies. We are not liable for the actions or inactions of these third-party services.
4.3 Compliance with Laws
You agree to comply with all applicable local, state, national, and international laws in your use of MAI. This includes (but is not limited to) data protection regulations, intellectual property laws, and export restrictions.
5. Intellectual Property
5.1 Fibonaco Ventures IP
All text, graphics, logos, trademarks, service marks, software, and other content provided by Fibonaco Ventures through the Services (collectively, “Fibonaco Ventures IP”) are the exclusive property of Fibonaco Ventures or its licensors. Except as expressly authorized, you may not copy, modify, distribute, or create derivative works of Fibonaco Ventures IP.
5.2 User Content
You retain ownership of any data, code, or other material you upload to MAI (“User Content”). By uploading or submitting User Content, you grant Fibonaco Ventures a worldwide, non-exclusive, royalty-free license to use, host, copy, display, and distribute such content for the purpose of operating, improving, and promoting the Services.
5.3 Feedback
If you provide suggestions, ideas, or feedback (“Feedback”) to Fibonaco Ventures, we may use such Feedback without restriction and without compensating you. Feedback is not confidential.
6. AI Features & Disclaimers
6.1 Artificial Intelligence Capabilities
MAI provides AI-driven features, including but not limited to natural language processing, machine learning-based automation, and integration with external AI models. These tools are subject to limitations (e.g., model accuracy, training data bias).
6.2 No Warranty on AI Outputs
AI-generated outputs or agent recommendations (“AI Outputs”) are provided “as is.” While we strive for accuracy, AI Outputs may be incomplete, inaccurate, or offensive. You are responsible for reviewing, verifying, and monitoring any AI Outputs before relying on them.
6.3 Potential Bias & Limitations
AI models can inadvertently embed biases present in training data. Fibonaco Ventures disclaims responsibility for biased or discriminatory AI Outputs. You should exercise caution and employ oversight when using AI-based features.
7. Confidentiality & Data Protection
7.1 Confidential Information
“Confidential Information” includes non-public information you or Fibonaco Ventures share in the context of using MAI. Each party agrees to use reasonable efforts to protect the other’s Confidential Information and not disclose it to third parties without explicit permission.
7.2 Data Privacy
Please review our Privacy Policy to understand how we collect, store, and process personal data. By using the Services, you consent to these practices.
7.3 Security Measures
We implement industry-standard security measures to protect user data. However, no system is entirely secure, and we cannot guarantee absolute security against unauthorized access.
8. Fees & Payment
8.1 Subscription or Usage Fees
Some functionalities of MAI may require payment of subscription or usage fees. The pricing and payment terms will be disclosed during the sign-up or upgrade process.
8.2 Late Payments
Unpaid invoices may result in suspension or termination of Services. A late payment fee may be charged as allowed by law.
8.3 Refund Policy
Fees are generally non-refundable unless otherwise stated in a specific plan or required by applicable law.
9. Disclaimers of Warranty
9.1 “As Is” and “As Available”
The Services, including MAI, are provided on an “as is” and “as available” basis, without any warranty of any kind (express or implied). We do not guarantee that the Services will be uninterrupted, error-free, or completely secure.
9.2 No Endorsement
We are not responsible for any User Content, AI Outputs, or third-party integrations. We do not endorse or control the accuracy, reliability, or legality of content or actions taken within the Services.
9.3 Jurisdictional Disclaimers
Some jurisdictions may not allow the exclusion of certain warranties. If so, some of the above exclusions may not apply.
10. Limitation of Liability
To the maximum extent permitted by law, Fibonaco Ventures and its co-founders, directors, employees, and agents will not be liable for any indirect, incidental, consequential, or punitive damages, nor for any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, or goodwill. In no event shall the total liability of Fibonaco Ventures exceed the amounts paid by you to Fibonaco Ventures in the twelve (12) months preceding the claim (or USD $100 if no fees have been paid).
11. Indemnification
You agree to indemnify, defend, and hold harmless Fibonaco Ventures, its co-founders, and associated entities from any claims, damages, losses, or expenses (including reasonable attorneys’ fees) arising out of or related to:
- Your violation of these Terms or any applicable law.
- Your content, data, or code uploaded or processed via MAI.
- Your infringement of any third-party right, including intellectual property or privacy rights.
12. Termination
12.1 By User
You may terminate your account or stop using the Services at any time. To delete your account, follow the instructions in your profile or contact [email protected].
12.2 By Fibonaco Ventures
We may terminate or suspend your access immediately if we determine you have violated these Terms, or if we need to discontinue the Services for business or legal reasons.
12.3 Effect of Termination
Upon termination, your right to use the Services will cease immediately, and any licenses granted to you shall end. Certain clauses (e.g., Intellectual Property, Disclaimers, Limitation of Liability, Indemnification) will survive termination.
13. Governing Law & Dispute Resolution
These Terms shall be governed by and construed in accordance with the laws of [Insert Governing Jurisdiction—e.g., the Republic of India or the State of New York], without regard to its conflict of law provisions. Any dispute arising from or relating to these Terms will be subject to the exclusive jurisdiction of the courts in [Insert Jurisdiction], and each party irrevocably submits to the personal jurisdiction of such courts.
14. Miscellaneous
14.1 Entire Agreement
These Terms, together with our Privacy Policy and any additional written agreements (e.g., Order Forms, subscription plans), constitute the entire agreement between you and Fibonaco Ventures regarding the Services.
14.2 Assignment
Fibonaco Ventures may assign its rights or obligations under these Terms at any time. You may not assign or transfer these Terms without our prior written consent.
14.3 Waiver
Failure to enforce any provision of these Terms shall not constitute a waiver of such provision.
14.4 Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions will remain in full force and effect.
For questions or support, contact us at [email protected].