Kurudy Terms of Service

Introduction

Welcome to Kurudy Inc. (“Kurudy,” “we,” “our,” or “us”), a reward-based crowdfunding platform uniquely dedicated to supporting African–U.S. based companies and Africa-based companies seeking community-backed funding. Kurudy exists to empower founders, creators, and organizations across the African continent and the African diaspora to raise funds by offering rewards—not equity, securities, or financial returns—to their supporters. This aligns with our mission to build economic bridges between Africa and the United States and to provide a safe, transparent digital environment for project-based fundraising.

Kurudy’s Terms of Service (“Terms”) outline the rules governing your use of the platform and describe the rights, responsibilities, and duties that apply to Creators (entrepreneurs or organizations who launch campaigns), Backers (individuals who make pledges), and Kurudy itself (the platform provider). These Terms also detail the platform’s fee structure, content requirements, user obligations, dispute resolution options, data protection standards, and eligibility criteria.

Importantly, Kurudy is not an equity crowdfunding platform, is not a registered investment service, and does not conduct or facilitate securities offerings. All contributions made through Kurudy are pledges toward rewards—not investments, ownership interests, or debt instruments. Rewards may include merchandise, digital assets, experiences, thank‑you acknowledgments, or other non-financial items offered by Creators.

By using Kurudy.com, you acknowledge the following:

• You have read these Terms fully and understand them.
• You agree to all the listed obligations.
• You understand the distinction between reward-based crowdfunding and investment crowdfunding.
• You recognize that Kurudy does not guarantee campaign outcomes or reward fulfillment.
• You are aware that only African–U.S.-based companies and Africa-based companies may launch campaigns on Kurudy.
• You agree that Kurudy reserves the right to exclude, remove, or deny campaigns from companies that are not African or African–U.S.–based.
• By accessing or using Kurudy, you agree to these Terms of Service (“Terms”), our Privacy Policy, and our Disclosure Statement.

COMPLIANCE, VERIFICATION, AND PAYMENT HOLDS

To comply with applicable laws, including AML, OFAC sanctions, counter-terrorist financing laws, and payment processor requirements, Kurudy requires Creators to complete identity and compliance verification before receiving any funds. Kurudy may delay, suspend, restrict, or deny payments while verification is pending or if a compliance concern is identified. Verification approval is a condition precedent to payment.

If you disagree with these Terms, you must refrain from using the platform.

1. Acceptance of Terms

By accessing or using Kurudy in any capacity—including browsing the site, creating an account, pledging funds, or launching a campaign—you agree to comply with all Terms stated herein. You also affirm that:

• You are at least 18 years old.
• You have the legal authority to enter binding agreements.
• You understand that all pledges are voluntary and non-investment-based.
• You provide truthful and accurate information when registering.
• You will abide by platform rules, community standards, and legal requirements.
• You understand Kurudy's mission and eligibility rules regarding African and African-U.S.-based companies.

Kurudy may update these Terms periodically to reflect policy changes, platform evolution, or compliance requirements. When modifications occur, the updated Terms will appear with a new effective date. Continued use of the platform constitutes acceptance of these revisions.

2. Platform Overview and Purpose

Kurudy is a reward-based crowdfunding marketplace that supports entrepreneurship, creativity, and economic empowerment across Africa and the African diaspora. The platform is structured to:

• Allow Creators to present their projects and reward offerings to the public;
• Enable Backers to support these campaigns financially in exchange for promised rewards;
• Provide robust educational tools to help Creators succeed;
• Maintain safe communication channels between Creators and Backers;
• Promote African innovation and strengthen global connections.

3. User Eligibility

4. Third-Party Vendors and Partnerships

Kurudy partners with independent vendors to support platform operations. These may include:

• Payment processors and merchant service providers;
• Identity verification vendors (if required);
• Cloud hosting and security providers;
• Analytics and content distribution networks.

These third-party vendors operate under their own contracts and policies. Kurudy is not responsible for:

• Vendor errors, system outages, or delays;
• Payment processor malfunctions;
• Shipping or logistics handled outside the Kurudy environment.

Users agree to allow these vendors to process data necessary to facilitate pledges, payments, security, and platform activity.

5. Creator Obligations and Conduct Standards

Launching a campaign on Kurudy is a privilege rooted in trust and transparency. Creators agree to uphold the following:

6. Backer Responsibilities and Risks

Reward-based crowdfunding carries inherent uncertainty. Backers must understand and accept:

7. Payment Processing and Platform Fees

Kurudy maintains transparent and fair pricing.

These fees support platform maintenance, vendor costs, cybersecurity, support staff, and improvements.

Kurudy may update fees for new campaigns but will not alter fees retroactively.

8. Refunds, Disputes, and Cancellations

Kurudy's refund policy reflects the realities of reward crowdfunding.

9. Communication Guidelines

Users must communicate respectfully. Prohibited behavior includes:

• Harassment or threats;
• Hate speech or discriminatory language;
• Posting false or misleading information;
• Attempting to manipulate campaign visibility or pledge totals.

Kurudy may remove content or suspend users violating these rules.

10. Account Suspension and Termination

Kurudy may suspend or terminate accounts for:

• Fraud or suspected fraud;
• Misrepresentation of African eligibility criteria;
• Abuse of the platform or other users;
• Failure to fulfill obligations;
• Violations of platform policies.

Campaigns found to misrepresent African ownership will be immediately removed.

11. Data Security, Privacy, and Protection

Kurudy employs modern security practices to protect user data, including:

• Encryption;
• Access controls;
• Regular security audits;
• Monitoring for suspicious activity.

Users acknowledge that:

• No system can guarantee perfect security;
• Users share responsibility for safeguarding login credentials and devices.

12. Intellectual Property Rights

13. Indemnification and Limitation of Liability

Users agree to indemnify Kurudy against claims resulting from:

• Misuse of the platform;
• Fraudulent or deceptive actions;
• Intellectual property violations;
• Failure to fulfill rewards;
• Violation of these Terms.

Kurudy is not liable for:

• Creator failures or misrepresentations;
• Lost data or platform outages;
• Financial losses tied to rewards or pledges.

Kurudy's liability is limited to the total fees paid by the user during the previous 12 months.

14. Modifications to Terms

Kurudy may amend these Terms at any time. Updated versions will be posted with a revised effective date. Continued use indicates acceptance.

15. Contact Information

Kurudy Inc.

• Email: support@kurudy.com
• Hours: Monday–Friday, 9 am–5 pm EST
• Jurisdiction: State of Maryland, United States