Terms of Use, Policies and Disclaimers

Your affirmative act of using our website located at www.hoopsai.com (and all associated sites linked to it) or services including but not limited to, all generated content and products using hoopsAI technology and services, ("hoopsAI") signifies that you agree to the following terms and conditions of use ("Terms of Use"). If you do not agree, do not use hoopsAI. hoopsAI is the property of hoopsAI Technologies Ltd.. ("us", "we" or "our").

1. Changes to the terms of use

We may change these Terms of Use at any time. If you continue to use hoopsAI after we post changes to these Terms of Use, you are signifying your acceptance of the new terms. You will always have access to our Terms of Use and will be able to check it at any time. By reloading this page, you will have the most up-to-date version available to hoopsAI users.

2. Changes to hoopsAI

We may discontinue or change any service or feature on hoopsAI at any time without notice. We do not guarantee backward compatibility of our services and Application Programming Interface (API) in this case.

3. Ownership of information; License to use hoopsAI; redistribution of data

Unless otherwise noted, all rights, titles, and interests in hoopsAI, and all information made available through hoopsAI or our services, in all languages, formats, and media throughout the world, including, but not limited to, all copyrights and trademarks therein, are the exclusive property of hoopsAI, our affiliates or our Data Providers, as defined in section 6 (disclaimer regarding content) below.

You may not use any data mining, robots or similar data gathering and extraction tools on the hoopsAI content, frame any portion of hoopsAI or its content, sublicense, assign, transfer, sell, loan, or otherwise distribute for payment the hoopsAI content without our prior written consent. You may not circumvent any mechanisms included in the hoopsAI content for preventing the unauthorized reproduction or distribution of the hoopsAI content. 

Except as otherwise expressly permitted by the preceding paragraph, you agree not to sell any of the services or materials in any manner or for any purposes, without the prior expressed written consent of hoopsAI and/or our Data Providers. In addition, you shall not, without the prior expressed written consent of hoopsAI and the relevant Data Providers, make copies of any of the software or documentation that may be provided, electronically or otherwise, including, but not limited to, translating, decompiling, disassembling or creating derivative works.

Except as otherwise expressly permitted by additional agreement, we do not permit commercial usage of any of our services or APIs. We make no warranty and assume no obligation or liability for third party services or software. Please see section 19 (third party software) below for further information.

4. Attribution

hoopsAI grants all users of hoopsai.com, hoopsAI generated content and all other available versions of the site, to use snapshots of hoopsAI content in analysis, press releases, books, articles, blog posts and other publications. In addition, hoopsAI grants the use of all previously mentioned materials in education sessions, the display of hoopsAI content during video broadcasts, which includes overviews, news, analytics and otherwise use or promote hoopsAI content or any products from the hoopsAI website on the condition that hoopsAI attribution is clearly visible at all times when such content and products are used.

Attribution must include a reference to hoopsAI, including, but not limited to, those described herein.

Use of hoopsAI during video or other promotions where hoopsAI attribution is not visible, must include a description of the product used therein. For instance: "Machine generated content by hoopsAI," or simply "by hoopsAI." Font size should not be less than 10 PT = 13PX = 3.4MM.

The use of any hoopsAI products outside the hoopsAI website, without a proper attribution of hoopsAI, is not allowed. This extends to any tools (such as widgets) obtained on the hoopsAI website and utilized on the outside resources, where attribution should remain as was originally designed and intended. Users who disobey this attribution rule herein may be banned permanently, and other legal actions may be taken to ensure compliance. This includes, but is not limited to, cease-and-desist warnings, court orders, injunctions, fines, damages relief, and so on.

5. Third party sites and advertisers

hoopsAI may include links to third party websites. Some of these sites may contain materials that are objectionable, unlawful, or inaccurate. You agree that hoopsAI shall not be held liable for any trading activities or other activities that occur on any website you access through links on hoopsAI. We provide these links as a convenience, and do not endorse the content or services offered by these other sites. Any dealings that you have with advertisers found on hoopsAI content either on hoopsAI or on other sites or companies or individuals are between you and the advertiser and you acknowledge and agree that we are not liable for any loss or claim you may have against an advertiser.

Unauthorized solicitation on hoopsAI is strictly prohibited and may result in penalties, including, but not limited to, temporary or permanent bans of the account found in violation, and any appropriate and available legal action for monetary and other damages.

6. Disclaimer regarding content

hoopsAI cannot and does not represent or guarantee that any of the information available through our services or on hoopsAI is accurate, reliable, current, complete or appropriate for your needs. Various information available through our services or on hoopsAI may be specially obtained by hoopsAI from professional businesses or organizations, such as exchanges, news providers, market data providers and other content providers, who are believed to be sources of reliable information (collectively, the "Data Providers"). Nevertheless, due to various factors — including the inherent possibility of human and mechanical error — the accuracy, completeness, timeliness, results obtained from use, and correct sequencing of information available through our services and website are not and cannot be guaranteed by hoopsAI. We make no warranty and assume no obligation or liability for scripts, indicators, ideas and other content. Your use of any scripts, indicators, ideas and other content is at your sole risk.

7. Disclaimer regarding investment decisions and trading

Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through hoopsAI or our services.

8. Registered users

Certain services are available only to registered users of the hoopsAI website and require you to sign in with a username and password to use them. If you register as a user (a "Subscriber") of any of the features of hoopsAI, during the registration process you may be prompted to click "Login", "Submit" or a similar button; your clicking on such button will further confirm your agreement to be legally bound by these Terms of Use.

9. Derived Data

Our proprietary derivation consumes raw market data and executes a derivation process to produce the displayed price. Derived market data is sourced and supplied from various sources and can therefore be blended.

The derivation process involves a random process, and at no point is raw data accessible by any client, nor can said data be reverse-engineered in any manner. 

10. Payment and cancellation of service

  1. By ordering any subscription on www.hoopsai.com (including a free trial period) you confirm that you have read and accepted our Terms of Use and you authorize hoopsAI to automatically charge your bank card or PayPal account according to the billing period manually selected by you.

  2. The service is billed in advance on a monthly or 3 month basis. There will be no refunds or credits for partial months of service, or refunds for months unused. 

  3. All billing is recurring, which means you will continue to get billed until you cancel your subscription. You are solely responsible for properly canceling your hoopsAI subscription. 

  4. If you cancel the service before the end of your current paid up period, your subscription will remain active until the next due date. After the due date, if no payment received, your subscription will be stopped. 

  5. We do not offer refunds for initial payments. If you order the service for the first time, please make sure that the order is correct before the payment is made. 

  6. We do not offer refunds for recurring monthly payments. If you have been billed for automatic monthly renewal of the Service, you can cancel the subscription to avoid billing for next months. 

  7. We do not offer refunds for upgrades to a more expensive plan or a longer billing cycle. Remaining days are converted into an equivalent value of days on the new subscription. 

11. Feedback to hoopsAI

By submitting ideas, content, suggestions, documents, and/or proposals ("Contributions") to hoopsAI through our contact webpages, you acknowledge and agree that: (a) your Contributions do not contain confidential or proprietary information; (b) hoopsAI is not under any obligation of confidentiality, expressed or implied, with respect to the Contributions; (c) hoopsAI shall be entitled to use or disclose (or choose not to use or disclose) such Contributions for any purpose, in any way, in any media worldwide; (d) hoopsAI may have something similar to the Contributions already under consideration or in development; (e) your Contributions automatically become the property of hoopsAI, without any obligation of hoopsAI to you; and (f) you are not entitled to any compensation or reimbursement of any kind from hoopsAI under any circumstances. 

12. Indemnity

You agree to indemnify and hold hoopsAI and our subsidiaries, affiliates, officers, agents, employees, partners and licensors harmless from any claim or demand, including reasonable attorneys' fees, made by any third party due to or arising out of your use of the hoopsAI services, your connection to the hoopsAI services, your violation of the Terms of Use, or your violation of any rights of another.

13. Termination

You agree that hoopsAI may, without prior notice, immediately terminate, limit your access to hoopsAI or access to the hoopsAI services. Cause for such termination, limitation of access or suspension shall include, but not be limited to, (a) breaches or violations of the Terms of Use or other incorporated agreements or guidelines, (b)requests by law enforcement or other government agencies, (c) discontinuance or material modification to the hoopsAI services (or any part thereof), (d) unexpected technical or security issues or problems, (e) extended periods of inactivity, (f) and/or engagement by you in fraudulent or illegal activities. Further, you agree that all terminations, limitations of access and suspensions for cause shall be made in hoopsAI's sole discretion and that hoopsAI shall not be liable to you or any third party for any termination of your account, any associated email address, or access to the hoopsAI services.

14. Third Party Software

Our software, website and/or services may include software components supplied by third parties which are utilized by permission of the respective licensors and/or copyright holders on the terms provided by such parties ("Third Party Software"). hoopsAI expressly disclaims any warranty or other assurance to you regarding Third Party Software. Please note that your use of the Third Party Software will be governed by the terms and conditions of use and privacy policies of the Third Party Software providers and not by these Terms of Use.

hoopsAI may update these Rules at any time.