This document was last updated on November 24, 2020
These terms and conditions ("Terms", "Agreement") are an agreement between UAB SESTOJI PLANETA ("UAB Sestoji Planeta", “Tipsy TM “,"Tipsy”, “Tipsy App", "Our Platform", "Platform", "us", "we" or "our") holding the legal code 303375275 & VAT code LT100011631718, and you ("User", "Applicant", "you" or "your", “They”, “their”). This Agreement sets forth the general terms and conditions of your use of the Tipsy TM mobile application and any of its functions (collectively”, "Gratitude", "Mobile Application" or "Services").
By using our platform or any of its Services you agree to be bound by this Agreement. If you do not agree to abide by the terms of this Agreement, you are not authorized to use or access our platform and its Services.
Scope of services
Tipsy TM is a supporting social platform for individuals to collect gratitude in public. Individuals can solely or in a group of musicians, painters, trainers, dancers, waiters and any other lawful and ethical activities enjoy the platform functions.
The term “Gratitude” refers to any kind of payment to our platform for supporting an applicant by other users which may result in improvement of the Tipsy index of one or more individual in our PLATFORM. In the case of a divided gratitude between the specified persons, a shared positive coefficient will be applicable relatively.
Our authorized third-parties are licensed to collect funds for us and we will share the gratitude with our deserved applicants in the way is defined in this agreement.
Applicants who are intending to enjoy gratitude in their profile may be asked to provide us with a proper Identification document, in which their legal name and surname being indicated (Passport / National ID), a valid bank account in one of EEA countries (IBAN) in order to receive share-parts through our third-party Payment Service Providers. Also, applicants having an account in a financial institute in which they can legitimately receive funds inside EU/EEA countries, they would be eligible to choose the alternative way if supported by us.
To increase the rate of engagement, and generating more social values through our applicants, the bigger share of gratitude receiving in our platform allocates to the applicant. We Diligently meet the requirements which are set by our lisenced partners. All payment operations including card transactions are operating by certified and authorized entities. In case you wish to enjoy the possibility of receiving Gratitude in Tipsy, the following pricing matrix and the terms and conditions stipulated in this agreement would be applicable.