Part IV – Payments, Marketplace Reserve & Financial Flows
1. Overview
This section describes the payment mechanisms, marketplace reserve structure, and financial flow architecture used within the 1of10k platform.
The Platform enables Users to acquire marketplace credits (utility tokens) and associated project NFTs through payment methods made available on the Platform interface. Participation unit identifiers are generated only if a User later voluntarily activates a project NFT within a campaign.
Payments may be processed through regulated third‑party service providers. The Platform itself primarily acts as a technology infrastructure facilitating interaction with campaign-related services, rather than as a financial intermediary.
2. Payment Methods
The Platform may support multiple payment methods including, but not limited to:
- credit or debit cards
- bank transfers
- digital payment providers
- supported cryptocurrencies
Available payment methods may vary depending on jurisdiction, regulatory requirements, and technical integrations.
The Platform may add, remove, or modify supported payment methods at any time.
3. Third‑Party Payment Providers
Payments may be processed through external service providers.
Such providers may include:
- licensed payment institutions
- payment service providers (PSPs)
- digital asset payment processors
- regulated financial intermediaries
These providers may perform identity verification, transaction monitoring, and compliance procedures in accordance with their regulatory obligations.
Users may be required to comply with the verification requirements of such providers in order to complete transactions.
4. Marketplace Reserve Structure
Payments received for the purchase of platform credits may be processed through external payment providers and may be allocated within the internal marketplace reserve structure of the Platform for operational coordination purposes.
The marketplace reserve functions as a coordination and operational allocation mechanism used to support the execution of campaigns and platform infrastructure.
Marketplace reserve allocations may support activities including:
- coordination of campaign asset delivery
- operational infrastructure
- platform development
- ecosystem initiatives
The marketplace reserve does not operate as an investment fund, pooled investment vehicle, or collective asset purchase structure on behalf of Users.
5. Internal Wallet Infrastructure
The Platform may operate internal blockchain wallets or technical wallet systems used for operational purposes.
These wallets may support:
- campaign coordination
- smart contract interactions
- marketplace reserve management
- asset distribution procedures
Internal wallets represent technical infrastructure components and do not constitute custodial financial accounts held for Users.
6. Campaign Funding Mechanism
Payments made by Users represent the purchase of marketplace credits within the ecosystem and contribute to the operational structure supporting the Platform and campaign coordination.
Participation payments do not represent a direct purchase of the campaign asset by individual Users.
Instead, users may voluntarily activate previously obtained project NFTs to generate participation unit identifiers that grant eligibility within campaign allocation mechanisms. The Platform may coordinate the acquisition, sourcing, or delivery of campaign assets through its operational structure or through third‑party providers associated with the campaign.
7. Non‑Custodial Structure
Unless explicitly stated otherwise, the Platform does not provide custodial financial services.
The Platform does not:
- hold user funds as deposits
- operate as a bank or payment institution
- maintain custodial investment accounts for Users
Payments are processed by external service providers and integrated into the Platform's operational infrastructure through internal accounting and coordination procedures.
8. Payment Verification and Compliance
The Platform or its payment partners may implement verification procedures necessary for regulatory compliance.
These procedures may include:
- identity verification (KYC / KYB)
- AML screening
- sanctions screening
- transaction monitoring
Access to certain platform functions, including NFT activation mechanisms or campaign-related services, may be restricted until such verification procedures are completed.
9. Refund Policy
Refund policies may vary depending on the nature of the campaign and the stage of participation.
In general, payments for marketplace credits may become non‑refundable once the digital assets (credits or NFTs) have been issued or delivered.
Where refunds are available, the applicable conditions will be described within the campaign disclosure page.
10. Cryptocurrency Payments
Where cryptocurrency payments are supported, Users remain responsible for:
- entering the correct wallet address
- selecting the correct blockchain network
- covering network transaction fees
Blockchain transfers sent to incorrect addresses or networks may result in permanent loss of funds.
The Platform cannot recover such transfers.
11. Digital Asset Conversion
In order to maintain operational stability, the Platform may convert digital assets received through participation into:
- stable digital assets
- fiat currency
Such conversions may occur through regulated third‑party providers.
12. Compliance with Financial Regulations
The Platform may implement compliance procedures necessary to operate within applicable regulatory frameworks.
These procedures may include:
- sanctions screening
- transaction monitoring
- regulatory reporting obligations
- cooperation with payment providers and compliance partners
13. Tax Responsibility
Users remain solely responsible for determining and fulfilling any tax obligations arising from:
- interaction with campaign-related services
- receipt of assets
- transfers of digital assets
Users should seek independent tax advice where necessary.
14. No Financial or Investment Advice
Nothing made available through the Platform constitutes:
- financial advice
- investment advice
- legal advice
- tax advice
- guarantees of economic performance or allocation outcomes
Users remain solely responsible for evaluating the suitability of any interaction with the Platform and should seek independent professional advice where appropriate.
15. Limitation of Responsibility for Third-Party Assets and Providers
The Platform primarily provides technical infrastructure and coordination services.
The Platform is generally not responsible for:
- the condition, legality, authenticity, or quality of assets supplied by third-party providers
- delays, failures, or disputes arising from provider conduct or asset transfers
- incorrect information provided by third-party providers
- campaign interruptions, allocation uncertainties, or campaign cancellations resulting from third-party circumstances
Third-party providers remain responsible for the assets supplied within campaigns and for their ability to legally transfer such assets to allocated participants.
16. No Guarantee of Campaign Outcomes
The Platform does not guarantee:
- campaign completion
- allocation outcomes
- availability of campaigns
- continued availability of digital assets or blockchain networks
- uninterrupted access to platform functions
Participation unit identifiers generated through voluntary NFT activation do not guarantee receipt of any specific asset or campaign outcome.