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Welcome to www.playforx.com (“Website”), operated by PXLAB Tech Holdings (“Company,” “we,” “our,” or “us”). By using our Website and services, you agree to the following terms and conditions (“Terms”). If you do not agree with these Terms, please refrain from using our services.
1. Overview of the Service
The Website provides an online platform for organizing and participating in lotteries, either privately among friends (“Private Lotteries”) or publicly accessible to all users (“Public Lotteries”).
- Users can create lotteries with customized parameters.
- At the end of the lottery, a winner is randomly selected.
- Payments are processed through credit/debit cards, cryptocurrency, or wire transfers.
- The winner receives the prize or its monetary equivalent within 72 hours after the lottery ends, subject to the conditions outlined in these Terms.
2. Eligibility
To use our services, you must:
- Be at least 18 years old (or the legal age for gambling in your jurisdiction).
- Comply with all local laws and regulations related to online gambling.
- Provide accurate and truthful information during registration.
We reserve the right to verify your identity and eligibility at any time.
3. Lottery Creation and Participation
a) Creating a Lottery
- Lottery creators set the parameters, including entry fee, timer duration, and prize details.
- Creators earn a 5% commission on the total funds raised in their lottery.
- Creators can choose to either:
- Deliver the product associated with the lottery.
- Allow the winner to receive the prize value in cash.
b) Participating in a Lottery
- Participants enter lotteries by paying the entry fee set by the creator.
- At the end of the timer:
- If the target amount is reached, the winner is randomly selected.
- If only one player participated, the lottery is canceled, and the entry fee is refunded.
c) Prize Distribution
- If the lottery reaches its target amount, the winner is entitled to:
- The product specified by the creator, or
- The prize value in cash, as determined by the creator.
- Winners are paid within 72 hours after the lottery concludes.
4. Payments and Fees
- Payments can be made via credit/debit cards, cryptocurrency, or wire transfers.
- All payments are processed securely, and participants are responsible for any transaction fees incurred.
- Refunds are only issued in the event of a canceled lottery.
- The Company charges a 5% platform fee from the total funds raised in each lottery.
5. Random Selection of Winners
Winners are selected randomly using a fair and transparent algorithm. By participating, you agree to the impartiality of the random selection process.
6. Cancellation and Refunds
- A lottery is canceled if it has only one participant when the timer ends.
- In case of cancellation, all participants will receive a full refund of their entry fees.
7. Responsibilities of Lottery Creators
- Lottery creators are responsible for accurately describing the product or prize.
- Creators must ensure the delivery of the prize or its monetary equivalent within the specified time.
- Misrepresentation of prizes or failure to deliver them may result in penalties, suspension, or legal action.
8. Prohibited Activities
You agree not to:
- Use the platform for illegal activities, including money laundering.
- Manipulate or interfere with the lottery process.
- Create lotteries with false or misleading information.
Violation of these rules may result in account suspension or termination.
9. Limitation of Liability
The Company is not liable for:
- Misconduct or failure of lottery creators to deliver prizes.
- Technical errors, interruptions, or loss of data.
- Financial losses incurred through participation.
Our liability is limited to the amount of fees collected for the specific lottery in question.
10. Data Protection
We handle personal data in accordance with our Privacy Policy. By using the Website, you consent to our collection and processing of your data as outlined therein.
11. Governing Law and Jurisdiction
These Terms are governed by the laws of Costa Rica. Any disputes arising from the use of the Website shall be resolved under the jurisdiction of Costa Rican courts.
12. Modifications to the Terms
We reserve the right to modify these Terms at any time. Changes will be effective upon posting on the Website. Continued use of the Website constitutes acceptance of the updated Terms.
13. Contact Us
For questions or concerns about these Terms, contact us at:
- Email: [Insert Contact Email]
- Phone: [Insert Phone Number]
