Terms of Service

SHINZOOM LTD ("LOOTBEAT", "we", "our", or "us") owns and operateshttps://lootbeat.com(the "Site"). For users outside the European Union ("EU"), these Non-EU Terms of Service (the "Terms") govern the legal relationship between you ("you" or "your") and LOOTBEAT regarding services provided through the Site ("Services"), including:

· All content, data, software, media, and interactive features on LOOTBEAT ("Materials");

· User-generated content such as chatroom posts ("Content").

Services include depositing in-store credits ("Credits") to purchase virtual mystery boxes ("Boxes") and experience points ("EXP"). Boxes randomly contain physical items or EXP with a total value equal to or greater than the Box's price. Items/EXP may be redeemed, exchanged, or disposed of per these Terms.

By accessing LOOTBEAT, you affirm that:

· You are at least 18 years old (or the age of majority in your jurisdiction);

· You have the legal capacity to accept these Terms;

· You use the Services voluntarily for personal enjoyment;

· You will provide and maintain accurate account information;

· You alone bear responsibility for tax obligations arising from Service usage under your jurisdiction’s laws.

Your use constitutes full acceptance of these Terms and linked policies. We reserve the right to modify these Terms unilaterally to reflect legal requirements or operational needs. Amendments become effective immediately upon posting, superseding prior versions unless expressly stated otherwise.

We will update the "Last Updated" date at the top of these Terms for material changes. You must:

· Regularly review this page using your browser’s refresh function;

· Verify the revision date;

· Cease using the Services immediately if you reject updated Terms.

Failure to review updates constitutes an affirmative waiver of your right to dispute modified terms. LOOTBEAT assumes no liability for your failure to monitor changes.

For clarity:

· "Including" means non-exhaustive examples.

· Statutes include amendments and successor laws.

· Dates follow "from and including" to "but excluding."

Users may register one LOOTBEAT account subject to compliance with these Terms. Multiple account registrations may result in termination of all associated accounts and forfeiture of acquired EXP/Items. To purchase Boxes/EXP or access paid features, you must maintain a valid payment method. We reserve the right to terminate accounts for:

· Incomplete or false registration information;

· Non-acceptance of these Terms;

· Any violation of account policies.

LOOTBEAT may require government-issued ID or tax identification documentation to access Services. Failure to provide requested verification may result in:

· Restricted platform access;

· Withheld account balances;

· Suspension of item redemption/exchange.

We expressly disclaim responsibility for verifying user authenticity or content accuracy.

Providing false, outdated, or incomplete information constitutes a material breach of these Terms and may lead to:

· Immediate account suspension/termination;

· Civil or criminal liability exposure;

· Conversion to a la carte billing for Services.

Users must promptly update account details to maintain validity.

Prohibited actions include:

· Sharing account credentials;

· Accessing third-party account;

· Permitting unauthorized account use.

You bear full liability for losses arising from credential mismanagement, regardless of authorization status.

Accounts may be closed by emailing [email protected].. Transferring, selling, or sharing accounts voids membership privileges and renders both parties jointly liable for incurred fees.

LOOTBEAT reserves unilateral rights to:

· Suspend or delete accounts without cause;

· Revoke licenses permanently;

· Retain outstanding balances post-termination.

Account data may be irretrievably purged following closure.

Your subscription grants access to LOOTBEAT’s Services, contingent upon your provision of internet connectivity, hardware, and associated costs. Public platform areas are freely accessible under a limited, non-exclusive, non-transferable license for:

· Private, non-commercial use on a single device;

· Viewing free-tier Materials.

Paid features activate an enhanced license allowing:

· Access to premium Materials;

· Use of purchased Services.

All licenses exclude title transfer. Prohibited actions include:

· Material redistribution;

· Unauthorized copying;

· Multi-device or commercial exploitation.

Submitted Content (excluding personal data under our Privacy Policy) is deemed non-confidential. You retain ownership but grant LOOTBEAT:

· A perpetual, global license to use, adapt, and distribute Content;

· Rights to commercial exploitation across media channels;

· Authority to transfer Content to affiliated platforms.

Users receive a non-exclusive license to interact with your Content solely through LOOTBEAT’s functionalities. You bear sole responsibility for Content compliance and consequences of publication.

LOOTBEAT guarantees genuine merchandise sourced through authenticated platforms (e.g., StockX). All items undergo rigorous quality inspections to verify authenticity and condition prior to fulfillment. Purchases may include sneakers, apparel, collectibles, and other premium goods, each meeting our strict verification standards.

Purchased Boxes contain:

1. EXP valued greater than or equal to the Box price;

2. Physical item(s) valued greater than or equal to the Box price;

3. A combination of EXP and item(s) with total value greater than or equal to the Box price.

Credits are immediately deducted upon purchase. Box-opening animations are illustrative and do not represent actual revealed items.

While we endeavor to display Box contents accurately, variations in item presentation or packaging may occur. All eligible items are listed under corresponding Box listings. Box outcomes are algorithmically determined through verifiable fairness mechanisms (see our Provably Fair documentation).

Eligible users receive tiered daily rewards (including free Box openings) based on account level. Level progression requires EXP purchases or Box acquisitions. Unclaimed Daily Drops expire without recourse, and higher-tier rewards remain locked until required levels are achieved.

EXP functions as:

· level progression mechanism;

· A gateway to enhanced Daily Drops;

· Non-transferrable virtual currency with fixed market value (as displayed on LOOTBEAT).

Pre-redemption exchanges require payment of:

1. Published exchange fees (subject to unilateral modification);

2. Delivery costs for substituted items.

Exchange options:

· Swap for items of equal or lower value;

· Convert item value (minus fees) to Credits.

To redeem physical items, you must provide accurate delivery and size information. Incomplete or incorrect details may result in:

· Order cancellation with refund;

· Additional charges for corrective measures.

LOOTBEAT disclaims liability for fulfillment delays caused by user-provided data errors.

Displayed delivery fees exclude customs duties. You bear full responsibility for:

- All importation charges;

- Coordinating with local postal authorities.

Our prices and standard shipping fees do not include any import duties, customs taxes, value-added taxes (VAT), goods and services tax (GST), brokerage fees, or other government-imposed charges that may apply when your order enters the destination country (“Import Charges”). You, as the recipient and importer of record, are solely responsible for payment of all Import Charges levied by the customs authorities or other regulatory bodies in your country or region. These charges are determined solely by the laws and regulations of the destination country and are beyond our control.

When your package arrives in your country, the local customs authority or the delivery carrier (such as postal service or courier) will assess whether any Import Charges are due. If charges apply:

· You will normally receive an official notification (usually via email, SMS, or a paper notice delivered with or before the package) from the customs authority or the carrier.

· The notice will include the exact amount due, payment instructions, and a deadline.

· Once payment is confirmed, the carrier will release and deliver your package.

Scammers may send fake emails, text messages, or phone calls claiming to be from “customs,” “postal service,” or our company, demanding immediate payment of alleged fees to release your package. We will never ask you to make any additional payments or provide payment information via unsolicited messages after your order has shipped. Legitimate customs or carrier notifications will:

· Come from official government or carrier domains/email addresses (e.g., customs.gov.xx, ups.com,dhl.com, etc.);

· Never request payment via gift cards, cryptocurrency, wire transfer to personal accounts, or other untraceable methods;

· Provide a verifiable reference number linked to your actual shipment.

If you receive a suspicious message regarding customs fees:

1. Do not click links or reply.

2. Do not make any payment.

3. Report suspected fraud to your local authorities and to our support team.

We strongly recommend that you familiarize yourself with your country’s de minimis threshold (the value below which no duties/taxes are charged) and applicable import regulations before placing an international order. We are not responsible for delays, seizure, return, or abandonment of packages caused by non-payment of Import Charges or failure to complete customs clearance procedures.

By placing an order with us for international delivery, you acknowledge and agree that you are responsible for all Import Charges as described above.

Pre-shipment inquiries regarding origin locations may be directed to [email protected].. Standard delivery timeframe: 3-30 days.

Select luxury items require in-person collection as noted in product descriptions. Failure to collect voids delivery obligations.

For delays beyond our control:

· We will notify you promptly;

· Mitigation efforts will be implemented.

Substantial delays entitle you to cancel with full refund.

Missed deliveries require rescheduling via carrier instructions. Unclaimed items after notification may be refunded without delivery reattempt.

Report suspected lost items to [email protected].. Refunds require valid proof of non-delivery from shipping providers.

Notify us within 48 hours of receiving damaged or faulty items. Refunds or replacements require:

· Return of defective goods (at our expense);

· Verification of defect claims.

We reserve rights to refuse redemption if:

· Inventory shortages occur;

· Pricing or description errors exist.

Eligible cases may receive Credits equivalent to item value.

Refunds require:

1. Valid eligibility under stated grounds;

2. Full return of items;

3. Payment of return shipping (unless waived).

Refund methods include:

· Partial cash refunds (less fees);

· LOOTBEAT Credits or cryptocurrency;

· Replacement items of equal or greater value.

All Credit purchases are final. No monetary refunds will be issued for redeemed or unused Credits.

In the event of a significant fluctuation in the price of any item (including but not limited to market value changes between purchase and redemption), we reserve the right to renegotiate the transaction terms with you. You shall, upon our request, either:

(a) Pay the additional difference in price; or

(b) Accept a replacement item of comparable value.

We reserve the final right of interpretation in all such matters.

Deposits to your LOOTBEAT account enable purchases of Boxes, EXP, and premium features. All pricing (Boxes/EXP/fees) is displayed at point of purchase.

Items retain only the market value displayed in their current description at time of redemption/exchange, not their acquisition value.

We reserve rights to:

· Impose new fees for platform access/features;

· Adjust pricing daily without prior notice.

You bear responsibility for:

· Timely payment of all charges;

· Penalties from delayed or past-due payments.

Payments are processed through external gateways. You must comply with all processor terms. LOOTBEAT disclaims liability for violations of third-party payment policies.

You must promptly notify our payment partners about:

· Billing address changes.

· Payment method updates.

Failure to maintain current information may result in processing fees or account restrictions.

Account termination may occur for payment disputes initiated through financial institutions.

We may unilaterally revise fee structures, including administrative surcharges, without advance notice.

All purchases (Boxes/EXP/premium features) are final. No returns/exchanges permitted for EXP obtained through Boxes. Refund exceptions require explicit company approval.

Billing errors must be reported to our payment partners within 30 days of statement date. Unreported discrepancies after this period are deemed accepted.

Fraudulent payment instrument usage will:

· Trigger immediate account termination;

· Prompt legal agency notifications.

Your use of LOOTBEAT must strictly comply with these Terms. Prohibited actions include but are not limited to:

Illegal Activities: Violate applicable laws regarding gambling, intellectual property, obscenity, privacy, or data protection.

Non-Compliance: Disregard court orders or legal mandates.

Unauthorized Linking: Create unfair or illegal associations with LOOTBEAT through third-party platforms.

- Post non-English content;

- Share harmful, abusive, discriminatory, or offensive material;

- Engage in harassment, trolling, or disruptive behavior.

Identity Fraud: Impersonate entities or access others’ accounts without authorization.

- Manipulate platform mechanics (cheating/hacking);

- Introduce malware or disrupt operations;

- Reverse engineer or decompile code without legal exemption.

Commercial Misuse: Scrape data, commercialize services, or overload infrastructure.

Violations may result in:

· Account termination or suspension;

· Forfeiture of unredeemed balances/items;

· Legal action (civil or criminal);

· Feature access restrictions.

LOOTBEAT will:

1. Collaborate with law enforcement agencies regarding user misconduct investigations;

2. Disclose user information per valid court orders or subpoenas;

3. Pursue reimbursement from users for compliance costs (legal fees/expenses) arising from their unlawful activities.

You expressly agree to indemnify LOOTBEAT for all costs incurred due to legal proceedings triggered by your platform usage.

The LOOTBEAT Affiliate Program enables users to earn commissions ("Commission") by referring new users via unique referral links/codes. Commissions are calculated as a percentage of referred users' LOOTBEAT purchases.

Participation requires compliance with local laws. Referral assets become invalid upon account closure/termination. LOOTBEAT reserves unilateral rights to modify or terminate the Program without notice.

Permitted promotion channels:

1. Affiliate-owned websites ("Affiliate Sites");

2. Third-party platforms with original content ("Referral Content").

Restrictions:

· Prohibited from embedding codes/links in paid ads without prior authorization;

· Forbidden to use misspelled trademarks or bid on LOOTBEAT-branded keywords;

· Must maintain full control/ownership of promotional assets.

You indemnify LOOTBEAT against liabilities arising from non-compliant promotions.

Grounds for Program termination/commission forfeiture include:

1. Deceptive marketing practices (false claims, trademark misuse);

2. Search engine manipulation or spam techniques;

3. Promoting through unauthorized paid ads or email blasts;

4. Associating referrals with illegal content/activities;

5. Intellectual property infringements;

6. Participation in competing loyalty programs.

Violations may trigger:

· Immediate commission revocation;

· Legal investigations;

· Mandatory content/domain transfers.

Affiliates are prohibited from concurrently promoting:

1. Competing mystery box platforms;

2. Probability-based gaming services;

3. Substantially similar virtual/physical goods marketplaces.

Breaches result in:

· Account suspension;

· Commission liquidation;

· Permanent blacklisting;

All promotions must adhere to:

1. FTC advertising guidelines (U.S. affiliates);

2. Truth-in-marketing laws;

3. Anti-spam regulations.

Non-compliant campaigns void commission eligibility.

· Tier-based commission rates subject to unilateral adjustment;

· Payouts contingent on valid referrals without chargebacks;

· LOOTBEAT may withhold payments for suspicious activity.

Affiliates must:

1. Monitor real-time rates via designated portal;

3. Provide tax documentation upon request.

3. Provide tax documentation upon request

Neither party shall be liable for:

1. Indirect or consequential damages (lost profits/data);

2. Third-party claims arising from Program participation.

Maximum liability cap: $100 USD per incident.

All disputes arising under these Terms shall be governed by Florida law (excluding conflict-of-law principles), with exclusive jurisdiction vested in Orange County courts. Key considerations:

1. Mandatory Venue: Users waive forum non conveniens objections, requiring all litigation in specified Florida courts. This aligns with U.S. jurisdictional practices but may create cross-border enforcement challenges for non-U.S. users.

2. Service of Process: Accepts alternative delivery methods (certified mail/FedEx) to mitigate international notification hurdles.

3. Enforcement Risks: While Florida judgments are binding locally, overseas enforcement depends on reciprocal treaties. For global user bases, arbitration under the New York Convention would typically offer better enforceability.

Users irrevocably waive class actions, a common U.S. contractual practice to limit mass litigation exposure. Notably:

· U.S. courts generally uphold such waivers under AT&T Mobility v. Concepcion;

· May conflict with EU collective redress mechanisms if later expanded to non-EU users.

We reserve rights to injunctive relief beyond monetary damages, critical for protecting IP/trade secrets. Factors supporting enforceability:

1. Requires proof of "irreparable harm" under Florida equity jurisprudence;

2. Compliant with eBay Inc. v. MercExchange standards for preliminary injunctions.

Predefined penalties for breaches must satisfy Florida's reasonableness test:

1. Enforceability Criteria (per FL Statute §687.04):

· Actual damages difficult to calculate

· Amount proportionate to potential losses

2. Risks: Overly punitive clauses may be deemed unenforceable penalties.

Requires reimbursement of legal fees/costs incurred in enforcement, subject to:

1. FL Statute §57.105 limitations on frivolous claims;

2. Fee-shifting must align with "American Rule" exceptions (e.g., contractual provisions).

LOOTBEAT and its Services are provided without warranties of any kind. This includes:

· No guarantee of uninterrupted, secure, or error-free access;

· Exclusion of implied warranties (merchantability, fitness for purpose, accuracy);

· Rights to modify or remove platform content without notice.

You accept full liability for:

1. Malware exposure during platform use;

2. Data loss or system damage from downloaded materials;

3. Consequences of third-party content interactions.

External website links on LOOTBEAT:

· Do not imply platform endorsement;

· Carry inherent risks (content accuracy/security);

· May be disabled without prior notice.

LOOTBEAT disclaims responsibility for:

1. Accuracy or legality of user-uploaded materials (e.g., chat posts);

2. Exposure to offensive or illegal content;

3. Intellectual property violations in community submissions.

We retain rights to:

· Remove objectionable content at our discretion;

· Suspend accounts violating content policies.

Prohibited activities include:

· Using Services for unlawful purposes;

· Hosting or sharing illegal content.

Violations trigger:

· Immediate account termination;

· User indemnification obligations for platform liabilities.

You shall defend and indemnify LOOTBEAT (including its officers, directors, and agents) against:

1. All third-party claims arising from:

· Your misuse of Services/Materials;

· Breaches of these Terms;

· Illegal acts by you or authorized third parties.

1. Associated costs (legal fees/settlements).

Key Obligations:

· Notice Protocol: We will notify you via email of claims; your failure to respond within 15 days forfeits defense rights.

· Cooperation Requirements: You must fund all defense costs; we retain rights to:

· Appoint independent counsel at your expense;

· Settle claims without your consent.

LOOTBEAT disclaims liability for:

· User-generated content violations (defamation/IP infringement);

· Third-party misconduct (fraud/harassment);

· Technical failures causing service interruptions.

No liability shall attach for:

1. Physical/Financial Harm:

· Bodily injury or property damage from platform use;

· Financial losses from transaction errors or cyberattacks.

1. System Vulnerabilities:

· Malware infections via third-party integrations;

· Data breaches from unauthorized access.

3. Compatibility Issues:

· Software or hardware conflicts with our Services.

You irrevocably waive rights to pursue legal action relating to:

· Negligence claims (ordinary or gross);

· Emotional distress allegations;

· Privacy violations (data leaks/identity theft);

· Criminal acts by other users (assault/fraud).

Ambiguities in these provisions shall be construed:

1. Broadly in LOOTBEAT's favor;

2. To maximize immunity under applicable law.

LOOTBEAT® is a registered trademark of SHINZOOM LTD. Unauthorized use of our marks, logos, or domains in any public context is strictly prohibited. Third-party trademarks referenced on the platform remain the exclusive property of their respective owners.

All Materials (excluding user-generated content) constitute proprietary assets protected under copyright law. You may not:

· Reproduce, modify, or distribute Materials without prior written consent;

· Remove or alter copyright/trademark notices;

· Use Materials beyond the scope expressly permitted in these Terms.

LOOTBEAT adheres to the Digital Millennium Copyright Act (DMCA). To report infringement:

1. Submit a valid takedown notice to[email protected]

2. Include:

· Copyright owner identification;

· Infringing material location;

· Statement of good faith belief.

We enforce a Repeat Infringer Policy and will terminate accounts of habitual violators.

These Terms constitute the complete and exclusive understanding between you and LOOTBEAT regarding Service usage, superseding all prior agreements. A printed copy shall serve as admissible evidence in legal proceedings.

You must comply with policies of our service providers (e.g., payment processors). In conflicts, LOOTBEAT’s Terms prevail.

LOOTBEAT may freely assign or delegate rights under these Terms. You require our prior written consent for any transfer.

If any provision is invalid, remaining terms remain fully enforceable, provided core obligations remain intact.

Rights and remedies herein are non-exclusive. Enforcement of one remedy does not waive others under law or equity.

These Terms bind both parties’ successors and assigns but do not grant automatic rights to delegate obligations.

We are excused from delays due to:

· Natural disasters, pandemics, wars, or cyberattacks;

· Infrastructure failures, labor strikes, or government actions.

Valid notice methods:

· Email to your registered address;

· Platform Announcement;

· Overnight courier (effective next business day).

Deemed effective upon delivery or first delivery attempt.

All platform communications are public. Avoid transmitting confidential information.

You authorize LOOTBEAT to send promotional emails until opting out. Such emails are not classified as spam.

Your access to LOOTBEAT constitutes adequate legal consideration for accepting these Terms.

Clicking “I Agree” or similar actions constitute legally binding electronic signatures.

The English version controls. Translations are unofficial and used at your risk.

You warrant compliance with U.S. and international export laws. Prohibited from diverting Materials to embargoed nations.

No partnership, joint venture, or employer-employee relationship is created.

Failure to enforce a right does not waive future enforcement. Invalid clauses are severed without affecting others.

Section titles are for reference only and do not affect interpretation.

LOOTBEAT does not guarantee Service legality outside designated regions. Users accessing from prohibited areas assume full liability.

Service access is void where prohibited. Accounts from banned jurisdictions face immediate termination.