Terms of Service

The website https://www.letsplaymoney.com/, and webapp app.letsplaymoney.com, collectively the ("Application") is owned and operated by Play Money Studios, Inc. ("Play Money," "we," "our," or "us"). The Application provides a platform that provides accredited investors the ability to learn about and invest in early-stage companies (the "Services").

These Terms of Use (as amended from time to time, "Terms") constitute a binding agreement between you and Play Money. Please read carefully through all sections of these Terms. Your registration with the Application or your access to and use of the Application is subject to these Terms and all applicable laws.Play Money reserves the right to terminate your access to the Application if you violate these Terms. If you do not agree to these Terms, then you may not use the Application. These Terms may be changed by us from time to time without notice to you and the governing version will be posted on the Application. Please review the posted terms on a regular basis as your use of the Application will be governed by the then-current Terms.

1. Your Account

You will be required to register for an account ("User Account") in order to access and use the Application. You will choose, or be provided with, a username and password for your User Account. You are responsible for keeping your username and password confidential. You are responsible for all activities (whether by you or others) that occur under your User Account. You agree to notify us immediately of any unauthorized access or use of your User Account. Play Money cannot and will not be liable for any loss or damage sustained, directly or indirectly by you, arising from your failure to protect your User Account information or any other unauthorized access.

By registering for an account, you represent and warrant that any information submitted to us in connection with such registration is true and accurate in all respects.. You agree not to submit false information or omit any information that would be misleading if omitted when registering a User Account or accessing the Services.

Play Money has the right to disable any username, password, or other identifier in respect of your User Account , whether chosen by you or provided by us, at any time in our sole discretion for any reason, including if, in our opinion, you have violated any provision of these Terms.

2. Data Retention & Deletion Policy

Users may deactivate their accounts via the Account Settings page. Upon deactivation:

  1. The user's profile will be immediately disabled.
  2. User account data will be deleted after 30 days, except where legal retention is required.
  3. Investment transaction records will be retained as mandated by law.
  4. Analytics and tracking data will be anonymized upon account deletion.

For compliance purposes, Play Money may retain certain investment-related data even after an account is deactivated.

3. Authorized User Requirements

In order to register for an account and use the Application, you must satisfy each of these requirements (collectively, the "Investor Requirements").

  • You are an Accredited Investor (as defined in Rule 501(a) of Regulation D promulgated under the Securities Act of 1933, as amended).
  • You are not disqualified from participating in the investment as a bad actor under Rule 506(d) under the Securities Act.
  • You are an individual (no entities, trusts, etc.).
  • You are a U.S. citizen that resides in the United States and is a taxpayer in the United States.
  • You are 21 years of age or older.

Each time you access and use the Application, you represent and warrant that you meet the Investor Requirements. If you do not meet all of the Investor Requirements above, then you may not register with, use or continue to use the Application.

4. Terms Governing Particular Investments

The Application will display available investment opportunities. You may select the opportunities you would like to invest in using the Application. Play Money will facilitate your investment using a SPV (defined below).

In order to have access to and participate in specific investments on the Application ("Investments") through Special Purchase Vehicles (SPVs),. you will be required to enter into separate agreements with individual SPVs which will set forth the particular terms and conditions governing that particular Investment. You are responsible for verifying the accuracy of any information that you may be provided through the Application regarding any other users, deals, opportunities, Play Money, the targeted entity or any other information you obtain through your use of the Application and such information is provided to you "as-is." You agree and acknowledge that you are responsible for verifying information related to the companies you invest in and that you disclaim any liability and hereby waive all claims against Play Money for providing you such information.

When you confirm an investment, you appoint Play Money as your agent in fact for the purpose of auto-signing the SPV documents on your behalf. You agree that when you confirm an investment on the Application, you authorize Play Money and its third-party service providers, Plaid and Astra, to transfer the amount you confirmed for your investment from the bank account that you have linked to your investment account through the Application.

Further, you may not use any form of digital cryptocurrency to invest, and you may only contribute to an investment though an account at a U.S. bank and in U.S. dollars only. We will perform a "Know your Customer" and/or "Know your Business" review for all users of the Application. Further, you agree that the Application can share your participation in an investment deal on the Application publicly.

5. Qualifying as an Accredited Investor.

In some cases, you may be requested to provide information that establishes your classification as an "Accredited Investor" or similar status under applicable securities laws. You agree that all information or self-attestation you provide to Play Money will be true and correct.

If you make such a representation, you agree to indemnify and hold harmless Play Money in the event of a subsequent finding that you did not meet the accreditation requirements at the time of your investment. You acknowledge that it is your responsibility to understand your investor accreditation status and that of any trust or entity on behalf of which you may be acting. We may request additional verification from time to time and reserve the right to block or close accounts where we cannot verify accreditation status.

6. Use Conditions

As a condition of access to and use of the Application:

  • You agree to use the Application only for lawful purposes and in accordance with these Terms and all applicable laws and regulations;
  • You agree not to use the Application to transmit, distribute, store or destroy material (a) in violation of any applicable law or regulation, (b) in a manner that will infringe the copyright, trademark, trade secret or other intellectual property rights of others or violate the privacy, publicity or other personal rights of others, or (c) that is defamatory, obscene, threatening, abusive or hateful.

7. Intellectual Property

You acknowledge and agree that the Application and its entire contents, features and functionality (including but not limited to all information, software, text, displays, images, video, audio, design, presentation, selection and arrangement), are owned by Play Money, its licensors or other providers of such material and are protected by United States and international copyright, trademark, patent, trade secret and other intellectual property or proprietary rights laws.

8. Disclaimer of Investment Advice

Play Money is not acting as your financial advisor, investment advisor, or in any fiduciary capacity, and no communication, through the Application or otherwise, is intended as investment advice.

You acknowledge that you have been advised to consult with your own independent legal, tax and financial advisors before making any investment decisions, and that Play Money does not provide tax or legal advice.

9. Assumption of Risk

You acknowledge and agree that investment in early-stage companies is speculative and involves a high degree of risk, including the risk of loss of your entire investment. By using the Application, you acknowledge that you understand these risks and are able to bear the economic risk of such investments.

10. Termination; Effect of Termination

Play Money may terminate your access to all or any part of the Application at any time, with or without cause, with or without notice, effective immediately. Upon termination of your access, your right to use the Application will cease immediately.

11. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL PLAY MONEY BE LIABLE TO YOU FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES ARISING FROM OR RELATED TO YOUR USE OF THE APPLICATION.

12. General Terms

These Terms constitute the entire agreement between you and Play Money regarding your use of the Application. If any provision of these Terms is found to be unenforceable, the remainder will be enforced to the fullest extent possible, and the unenforceable provision will be deemed modified to the limited extent required to permit its enforcement.

Contact Us

If you have any questions about these Terms, please contact us at hello@letsplaymoney.com

These Terms of Service were last updated on August 22, 2024.