ASSETIFYR TERMS OF SERVICE
Last updated: 17.07.2026
These Terms of Service
(“Terms”) govern the use of the Assetifyr platform operated by:
Lokacom d.o.o.
Kidričeva cesta 75
4220 Škofja Loka
Slovenia
(EU-based company; European HQ in formation)
(“Company”, “Assetifyr”, “we”, “us”)
1. Scope
These Terms apply to:
- Assetifyr website
- web and mobile applications
- secure asset registry layer
- future marketplace functionalities
- subscription services
- enterprise tools
- marketing packages.
Platform is offered globally.
2. Nature of the Platform
Assetifyr is a digital asset record management system enabling users to:
- create digital records of physical assets
- upload documents and metadata
- store service history
- record secured entries
- facilitate digital transfer logs
- connect with service providers (future marketplace).
Assetifyr is not:
- a legal registry
- a government authority
- a title registry
- a notary
- an escrow agent
- a financial institution
- an insurer
- a marketplace operator guaranteeing
performance.
3. Account Responsibility
Users must:
- provide accurate information
- safeguard credentials
- comply with all applicable laws
- maintain backup copies of critical documents.
The company may suspend or terminate accounts at its sole discretion for security, compliance, or misuse.
4. Subscription & Payment Terms
The platform may offer:
- Home user subscription plans
- Enterprise subscriptions (service companies, producers)
- Marketing packages
- Future marketplace fees.
5.1 Billing
Subscriptions auto-renew unless cancelled.
- Fees are non-refundable unless required by mandatory law.
- Prices may change with prior notice.
- The user bears all taxes.
5.2 Enterprise Contracts
Enterprise clients may sign separate agreements which override these Terms where explicitly stated.
6. Marketplace (Future Feature)
When activated:
6.1 Service providers act as independent contractors.
6.2 Assetifyr:
- does not guarantee service quality
- is not party to service contracts
- is not liable for disputes between users and providers.
6.3 Payments processed via third-party providers are subject to their terms.
7. User Content & Data
Users retain ownership of uploaded content.
Users grant Assetifyr a worldwide, royalty-free license to:
- host
- store
- process
- display
- index
- secure
- improve platform functionality.
The company may anonymise and aggregate data for analytics and product improvement.
8. Prohibited Conduct
Users may not:
- upload fraudulent data
- impersonate others
- infringe IP rights
- manipulate records unlawfully
- reverse engineer platform
- attempt unauthorised access
- use the platform for illegal transactions.
9. Intellectual Property
All software, UI, branding, and technology remain the exclusive property of Lokacom d.o.o.
No rights are granted except a limited usage license.
10. Disclaimers (Strong Limitation Language)
The platform is provided:
“AS IS” and “AS AVAILABLE.”
To the maximum extent permitted by law:
The company disclaims all warranties, including:
- merchantability
- fitness for a particular purpose
- non-infringement
- accuracy
- uninterrupted service
- error-free operation.
We do not guarantee:
- immunity from cyberattacks
- compatibility with all devices
- uninterrupted uptime.
11. Limitation of Liability (Maximum Protection)
To the maximum extent permitted by law:
11.1 Company shall not be liable for:
- indirect damages
- lost profits
- lost data
- loss of business
- reputational damage
- speculative losses
- loss due to incorrect asset records
- disputes between users.
11.2 Aggregate liability cap:
Greater of:
- total fees paid in the last 12 months
OR
- EUR 10 (for free users).
11.3 No liability for:
- network failures
- third-party service providers
- force majeure
- regulatory changes.
12. Indemnification
User agrees to indemnify and hold harmless Lokacom d.o.o. from any claims arising out of:
- user-uploaded content
- false ownership claims
- regulatory violations
- marketplace disputes
- tax liabilities
- IP infringement.
13. Data Protection
Personal data processed under Privacy Policy.
Users uploading third-party data must ensure a lawful basis.
14. Suspension & Termination
The company may suspend access:
- for breach
- for legal compliance
- for AML/sanctions concerns
- for security risks.
Upon termination, the license ends immediately.
15. Governing Law & Jurisdiction
The laws of the Republic of Slovenia govern these Terms.
Disputes shall be subject to the jurisdiction of courts in Slovenia, unless mandatory consumer law provides otherwise.
16. Severability
If any provision is invalid, the remaining provisions remain in force.
17. Force Majeure
The company is not liable for events beyond reasonable control, including:
- cyber incidents
- network failures
- war
- natural disasters
- regulatory bans.
18. Amendments
The company may update the Terms at any time. Continued use constitutes acceptance.
19. Contact
legal@assetifyr.com
Operated by Lokacom d.o.o.