Fresh Produce Auction - Terms & Conditions

Fresh Produce Live Auction — Terms & Conditions

Effective Date: January 15, 2023 Last Updated: June 1, 2024

By downloading or using the Fresh Produce Live Auction application (“the App”) developed by 100 Factories (“we,” “us,” or “our”), you agree to be bound by these Terms and Conditions. If you do not agree with any part of these terms, please do not use the App.

1. Description of Service

The Fresh Produce Live Auction App provides real-time agricultural auction price data and trading volume information sourced from public auction markets. The App is designed as an informational tool and does not facilitate actual buying, selling, or bidding of agricultural products.

2. Use of the App

You agree to use the App only for lawful purposes and in accordance with these Terms. You shall not:

3. Accuracy of Data

While we strive to provide accurate and up-to-date auction data, we make no guarantees regarding the accuracy, completeness, or timeliness of the information displayed. Auction prices and trading volumes are sourced from publicly available data and may be subject to delays or errors. You should not rely solely on the App for financial or trading decisions.

4. Intellectual Property

All content, features, and functionality of the App — including but not limited to its design, layout, graphics, and software — are the exclusive property of 100 Factories and are protected by applicable intellectual property laws.

5. In-App Purchases and Subscriptions

The App may offer in-app purchases or subscription services. All purchases are processed through the applicable app store (Apple App Store or Google Play Store) and are subject to the respective store’s terms and refund policies. We do not directly process payments.

6. Third-Party Services

The App may use or integrate with third-party services including but not limited to:

Each third-party service is governed by its own terms and privacy policy.

7. Disclaimer of Warranties

The App is provided on an “AS IS” and “AS AVAILABLE” basis. We make no warranties, express or implied, regarding the App’s reliability, availability, or fitness for any particular purpose. We specifically disclaim any liability for losses arising from trading decisions made based on information provided by the App.

8. Limitation of Liability

To the maximum extent permitted by applicable law, 100 Factories shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the App, including but not limited to financial losses resulting from reliance on auction data displayed in the App.

9. Changes to the Service

We reserve the right to modify, suspend, or discontinue the App or any part thereof at any time, with or without notice. This includes changes to the data sources, features, and pricing.

10. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the Republic of Korea.

11. Changes to These Terms

We may update these Terms from time to time. We will notify you of any changes by posting the updated Terms and revising the “Last Updated” date. Your continued use of the App after any changes constitutes your acceptance of the new Terms.

12. Contact Us

If you have any questions about these Terms and Conditions, please contact us: