Dunesonic LLC Terms & Conditions
Welcome to Dune, the Artist Trading Platform designed to revolutionise the way artists and fans interact and engage in the music industry. By accessing or using the Dune platform, you agree to be bound by the following terms and conditions:
1. Introduction
Dune is a centralised artist trading platform that provides a marketplace for artists and fans to trade artist stakes based on real-time streaming data from major DSPs (Digital Service Providers). The platform is accessible through iOS, Android, and web applications.
2. Eligibility
To use Dune, you must be at least 18 years old and capable of forming a binding contract with us. By using Dune, you represent and warrant that you meet these eligibility requirements.
3. Account Registration
You may need to register an account to access certain features of Dune. When registering, you agree to provide accurate and complete information and to keep your account credentials secure. You are responsible for all activities that occur under your account.
4. Artist Stakes
Dune allows users to trade artist stakes, which link directly to real-time streaming data from major DSPs. The value of artist stakes may fluctuate based on various factors, including but not limited to streaming metrics, and artist popularity.
5. Financial Risks
While Dune aims to provide a safe and responsible trading environment, it is important to acknowledge that owning artist stakes involves speculation, and money can be both made and lost. Dune does not guarantee any returns, and users should carefully consider their financial situation and risk tolerance before engaging in trading activities. Dune stakes are not considered to be an investment vehicle and there are no expectations of profits.
6. Intellectual Property
By using Dune, you agree to respect the intellectual property rights of artists and other users. You may not use the platform to infringe upon the copyrights or trademarks of others. As an artist by claiming your profile to monetise streaming data you agree to the terms and conditions and allow any and all use of imagery for the purposes of displaying stats and stake prices on the Dune platform.
7. Privacy
Dune respects your privacy and handles personal data in accordance with its Privacy Policy. By using Dune, you consent to the collection, use, and disclosure of your personal information as described in the Privacy Policy.
8. Prohibited Activities
You agree not to engage in any of the following prohibited activities while using Dune:
Violating any laws or regulations
Interfering with the operation of Dune or other users' use of the platform
Uploading or sharing content that is illegal, harmful, or infringes upon the rights of others
Engaging in fraudulent or deceptive practices
Not to offer or accept funds outside the platform in exchange for the offer of stakes.
9. Modification and Termination
Dune reserves the right to modify or terminate the platform at any time, with or without notice. We may also suspend or terminate your access to Dune if we believe you have violated these terms and conditions or for any other reason.
10. Disclaimer of Warranties
Dune is provided on an "as is" and "as available" basis, without any warranties of any kind, express or implied. We do not guarantee the accuracy, reliability, or availability of the platform.
11. Limitation of Liability
In no event shall Dune be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the platform.
12. Governing Law
These terms and conditions shall be governed by and construed in accordance with the laws of the state of Delaware, without regard to its conflict of law principles.
13. Client Funds
All funds both user and artist are held in a segregated client account in USD. Withdrawal requests may be limited and will be handled as quickly as possible and may be subject to delays in your respective jurisdiction. Amounts may vary and may subject to currency conversion at the time of transaction. Dune does not guarantee any amount displayed will match the transfer exactly due to these conditions outside Dune's control. As an artist you agree to maintain the required 20% portion of total market capitalisation being maintained in the wallet in order to facilitate liquidity of your stake marketplace.
14. Stake Sales
As an artist by using the Dune platform to claim your profile and commence the sale of stakes to users, you agree to these terms and conditions.
Risk Disclosure Statement
Important Notice to Users:
Purchasing and trading in digital assets, including but not limited to “stakes” associated with music streaming performance, involves significant risk. This Risk Disclosure Statement is provided to help you understand the nature of these risks so that you can make informed decisions before engaging in any transactions on our platform.
1. Market Risk and Volatility
The value of stakes is tied to streaming data from third-party platforms and may fluctuate significantly over time. Increases or decreases in an artist’s or track’s streaming performance can lead to sharp and unexpected changes in the value of related stakes. As such, prices may rise or fall quickly. There is no guarantee that the value of a stake will increase or that you will recover the amount originally purchased.
2. Third-Party Data Risks
Stake values are derived from music streaming data provided by external third-party services. While we strive to ensure accuracy, we do not control or audit this data. As a result, stake valuations may be subject to inaccuracies, delays, interruptions, or errors in the collection, transmission, or interpretation of such data. We do not accept liability for any losses that may arise from reliance on data affected by such issues.
3. Liquidity Risk
Digital asset markets, including the stake marketplace, may experience periods of low liquidity, which could affect your ability to buy or sell stakes at a desirable price or within a reasonable time frame. There is no assurance that a market will exist for any particular stake at any given time or that any buy/sell orders will be filled at any price displayed at the time the order was placed.
4. No Guarantee of Returns
Past performance, popularity, or streaming success of a song or artist does not guarantee future performance or returns. Trading stakes is speculative in nature and involves a risk of loss.
5. Platform and Technology Risks
Our platform may be subject to technical issues including outages, bugs, or cyberattacks, which could impact the availability or functionality of the stake trading system. Additionally, trades or valuations could be disrupted due to maintenance, updates, or unforeseen failures.
6. Regulatory and Legal Risk
The regulatory framework surrounding digital assets and music-based financial instruments is evolving. Future changes in law, regulation, or policy could impact your ability to trade stakes or affect their value. Dune stakes do not meet the criteria as set by the 'Howey test' to be considered an investment or security. Stake values are decided by outside factors and not supply or demand. Dune Stakes have limited real-world value and transactions within the platform are also limited. Stakes are not to be considered an investment vehicle.
7. User Responsibility
You are solely responsible for your purchases and decisions. You should carefully assess your financial situation, risk tolerance, and goals before trading stakes. You should not trade stakes with funds you cannot afford to lose.
By using our platform, you acknowledge that you have read, understood, and accept the risks outlined above. If you are unsure about the suitability of this type of product for your personal circumstances, you should seek advice from an independent financial advisor.
---
**Privacy Policy for The Dune App**
**Last Updated: [05/2025]**
Welcome to The Dune App! We value your privacy and are committed to protecting your personal information. This Privacy Policy explains how we collect, use, store, and share your information when you use our website and app.
**1. Information We Collect**
We collect the following types of information from our users:
- **Personal Information**: This includes names, addresses, and payment information. This data is collected through our online forms and within our app.
- **Profile Information**: Information used to create your profile on our app, which is a stock market for music artists.
**2. How We Use Your Information**
We use the collected information to:
- Create and manage your profile on The Dune App.
- Process transactions and manage your account.
- Improve our services and user experience.
- Communicate with you about updates, promotions, and other information related to our services.
**3. How We Store and Protect Your Information**
Your data is stored on secure servers. We implement appropriate security measures to protect your personal information from unauthorized access, alteration, disclosure, or destruction.
**4. Sharing Your Information**
We may share your information with third parties within the music industry to enhance our services. We do not sell, trade, or otherwise transfer your personal information to outside parties, except as described in this policy.
**5. Cookies and Tracking Technologies**
We do not use cookies or other tracking technologies to monitor our users.
**6. Your Rights, Choices & Copyrwrite Claims**
You have the right to access, correct, or delete your personal information at any time. If you wish to exercise these rights or have any questions about our privacy practices, please contact us through our website or the App. The DUNE app displays data from third party DSP’s. These service providers collate data from streaming services for the purposes of the monitor and display of streaming metrics. This data is in the public domain and DUNE does not profit from its display moreover DUNE pays for the data and the right to its use in agreement with third parties and their fair use policies. DUNE displays publicly accessible data from third party DSP’s via their online API (application process interface). Should an artist wish for their profile to be removed this request should be made with the third parties (a full list of data sources is available upon request). This will remove all relative data available to the DUNE API and DUNE will facilitate in the complete removal of the artist profile from the platform.
**7. Changes to This Privacy Policy**
We may update this Privacy Policy from time to time. Any changes will be posted on this page with an updated revision date. We encourage you to review this policy periodically to stay informed about how we are protecting your information.
**8. Contact Us**
If you have any questions or concerns about this Privacy Policy or your personal information, please contact us at:
- **Email**: [info@theduneapp.com]
Thank you for trusting The Dune App with your personal information. We are committed to ensuring your privacy and protecting your data.