VERIMARX TERMS AND CONDITIONS

Effective Date: February 5, 2026

These Terms and Conditions (“Terms”) govern your access to and use of the VeriMarx website, platform, application programming interfaces (APIs), tools, reports, artificial intelligence systems, software, and related services (collectively, the “Service”).

By creating an account, submitting content, purchasing services, accessing the API, or otherwise using the Service, you agree to be legally bound by these Terms.

If you do not agree, do not use the Service.

1. About VeriMarx

VeriMarx provides AI-based analytical tools that generate informational and probabilistic reports based on user-submitted images and related materials.

IMPORTANT: VeriMarx is not an authentication service.

VeriMarx does not:

  • Certify authenticity

  • Verify provenance

  • Provide appraisals

  • Issue certificates of authenticity

  • Make definitive “real or fake” determinations

All outputs are probabilistic, analytical, and informational only and may be incomplete or inaccurate.

2. Binding Acceptance and Acknowledgments

By using the Service, you expressly acknowledge and agree:

  • VeriMarx reports are probabilistic and informational only.

  • You will not rely solely on reports for commercial, auction, legal, valuation, insurance, or fraud-related decisions.

  • VeriMarx is not a professional authentication provider.

  • You agree to binding arbitration and class action waiver.

  • You grant VeriMarx the rights described in Section 4.

Submission of content constitutes an electronic signature and binding agreement.

3. Eligibility and Accounts

You must be at least 18 years old.

You agree to:

  • Provide accurate account information

  • Maintain credential confidentiality

  • Accept responsibility for activity under your account

VeriMarx may suspend or terminate accounts at its discretion.

4. Submissions and License Grant

4.1 User Representations

By submitting content, you represent:

  • You have the legal right to submit it

  • It does not infringe third-party rights

  • It is not defamatory or unlawful

  • You understand reports are probabilistic

4.2 License to Submitted Images

You retain ownership of submitted images.

However, you grant VeriMarx a perpetual, irrevocable, worldwide, royalty-free, transferable, sublicensable license to:

  • Store, reproduce, and modify images

  • Create derivative works

  • Use images for AI and machine learning training

  • Include images in datasets

  • Use images for commercial, research, marketing, and product development purposes

This license survives termination.

You waive any claim to compensation.

4.3 Platform-Generated Data

All analytical outputs, model improvements, derived metadata, scoring systems, and system enhancements are exclusively owned by VeriMarx.

5. Fees and Refunds

All fees are:

  • Disclosed at checkout

  • Due immediately

  • Non-refundable

Chargebacks are waived except where prohibited by law.

6. No Professional Advice / No Reliance

VeriMarx reports are not expert opinions.

You agree not to rely solely on them for:

  • Buying or selling memorabilia

  • Auction determinations

  • Insurance claims

  • Litigation

  • Fraud allegations

VeriMarx is a decision-support tool only.

7. Defamation and Misuse Restrictions

You agree not to:

  • Publish reports as definitive proof of fraud

  • Accuse third parties based solely on outputs

  • Misrepresent probabilistic results as factual conclusions

You are solely responsible for your use of reports.

8. Prohibited Uses

You may not:

  • Use scraping tools, bots, AI agents, or automation to extract data

  • Reverse engineer or attempt to discover source code

  • Bypass security or rate limits

  • Use outputs to build competing systems

  • Violate applicable laws

Unauthorized automated access is strictly prohibited.

9. No Reverse Engineering of AI Models (Standalone Clause)

You may not:

  • Reverse engineer, decompile, disassemble, or otherwise attempt to derive the structure, training data, model weights, algorithms, or decision logic of VeriMarx AI systems;

  • Use prompt engineering, systematic querying, model probing, adversarial inputs, or output analysis to reconstruct underlying models;

  • Attempt to benchmark, replicate, or create substantially similar AI systems using Service outputs.

All AI systems, architectures, methodologies, and training data are proprietary trade secrets of VeriMarx.

10. Artificial Intelligence Usage Restrictions

Except with written authorization, you may not use any Service content or outputs to:

  • Train machine learning systems

  • Fine-tune large language models

  • Build datasets

  • Develop competing analytics tools

11. API Access and Commercial Licensing

If you access the VeriMarx API:

  • You receive a limited, non-exclusive, non-transferable license for internal business use only.

  • You may not resell, sublicense, or redistribute API access without written agreement.

  • API outputs may not be used to create competing services.

  • VeriMarx may implement rate limits and revoke API access at its discretion.

  • Enterprise API use may require a separate executed agreement.

Violation of API restrictions may result in immediate termination.

12. Auction House Enterprise Addendum

This section applies to auction houses, dealers, and commercial marketplaces (“Enterprise Users”).

Enterprise Users acknowledge:

  • VeriMarx does not replace expert authentication.

  • Reports must not be marketed as certification.

  • Enterprise Users remain solely responsible for representations made to buyers.

Enterprise Users agree to indemnify VeriMarx against claims arising from:

  • Buyer disputes

  • Fraud allegations

  • Misrepresentation claims

  • Consumer protection claims

VeriMarx may require separate enterprise agreements for high-volume use.

13. Intellectual Property

All software, AI models, branding, reports, systems, and databases are owned exclusively by VeriMarx.

No ownership rights are granted to users.

14. DMCA and IP Infringement Policy

If you believe content infringes your rights, submit written notice including:

  • Signature

  • Identification of copyrighted work

  • Location of infringing material

  • Contact information

  • Good-faith statement

  • Statement under penalty of perjury

Send to:
DMCA Agent – VeriMarx
Email: info@verimarx.com

VeriMarx may remove allegedly infringing material and terminate repeat infringers.

Counter-notices must include consent to jurisdiction in Ontario and applicable U.S. federal court.

15. Privacy and International Data Transfers

Use is subject to the Privacy Policy.

EEA/UK data transfers rely on Standard Contractual Clauses.

VeriMarx does not sell personal information.

16. Disclaimers

THE SERVICE IS PROVIDED “AS IS.”

VeriMarx disclaims all warranties, including merchantability and fitness for a particular purpose.

17. Limitation of Liability

To the maximum extent permitted by law:

VeriMarx shall not be liable for:

  • Lost profits

  • Reputational harm

  • Fraud-related business losses

  • Consequential or punitive damages

Total liability shall not exceed amounts paid in the preceding twelve (12) months.

18. Indemnification (Enhanced Fraud Protection)

You agree to defend, indemnify, and hold harmless VeriMarx from any claims, losses, damages, liabilities, penalties, regulatory actions, investigations, settlements, or legal fees arising out of:

  • Your reliance on reports

  • Fraud accusations made by you or third parties

  • Commercial transactions involving analyzed items

  • Auction disputes

  • Consumer protection claims

  • Alleged misrepresentations

  • Violations of law

This obligation applies even if claims allege negligence by VeriMarx, except where prohibited by law.

19. Governing Law and Binding Arbitration

These Terms are governed by Ontario law and, for U.S. users, the Federal Arbitration Act.

All disputes shall be resolved by binding arbitration administered by the American Arbitration Association (AAA).

  • Individual claims only

  • Class actions waived

  • Jury trial waived

Mass arbitration batching (25+ similar claims) shall proceed in staged batches of 10.

U.S. users may opt out within 30 days of first acceptance.

20. Termination

VeriMarx may suspend or terminate access at any time.

Sections relating to IP, AI protections, arbitration, and indemnity survive termination.

21. Changes to Terms

Continued use after updates constitutes acceptance.

22. Contact Information

VeriMarx
Email: info@verimarx.com