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PIP Terms & Conditions
1. Definitions
1.1. “PIP" is PIP Corp Limited.
1.2. “Game Rules" appear on the game screen and reiterate the characteristics of that specific game, its rules, and limitations. The distribution of points per Level is revealed for each game separately together with the PIP rules. Each Game Rule forms an integral part of the Terms and Conditions.
1.3. “Player” is an individual having a contractual relationship with PIP by creating an Account on the PIP App. A body corporate cannot be a Player.
1.4. “Account” is an account held by a Player with the strict purpose of participating in the games held by PIP on the PIP App.
1.5. "Website" is pipapp.com.
1.6. “Services” is providing access to and administrating games by PIP through the PIP App.
1.7. “Force Majeure" refers to any occurrence or condition beyond one's reasonable control which leads to a delay or default in the performance of the affected party's contractual obligation and shall, for the purposes of these Terms and Conditions, include Acts of God, government restrictions, wars, outbreak of hostilities, riots, civil disturbances, insurrections, acts of terrorism, fire, explosions, floods, theft, malicious damage, strikes, lockouts, and/or any other cause beyond the reasonable control of the party whose performance is affected.
1.8. “PIP App” shall mean the web app opened by the Player to use the Services.
1.9. “Software” shall mean all software used by PIP to offer and/or operate the Services and/or run the PIP App and the Website.
1.10. “Prize” maximum points can be won by the Player per Level as communicated in the Game Rules. If provided by the Game Rules, the Prize may have some form of monetary value.
1.11. “Inactive Account” an Account which has not recorded any log-in and/or log-out for a period exceeding 3 (three) consecutive months.
1.12. All trademarks, service marks and trade names as well as images, graphics, text, concepts, or methodologies (collectively the “Intellectual Assets”) found on the Website, the PIP App and the material contained therein are the exclusive property of PIP and/or PIP’s suppliers and partners. A Player is not entitled to exploit or otherwise use any Intellectual Asset for whatever purpose, except for what is allowed by law.
1.13. “Number of Levels” maximum number of Markets subject to a game.
1.14. “Lives” number of attempts to play within one game; any loss lowers the number of Lives available to the Player.
1.15. “Time per Trade” is the time interval necessary to run over the Market.
1.16. “Market” is the market selected by the Player for a specific game.
1.17. “Price” is the points required from the Player to enter the game.
2. Account Management Rules
2.1. By opening an Account, the Player agrees that he/she has read, understood, and will be adhering to these Terms and Conditions, incl. any Game Rules.
2.2. PIP may update, amend, edit, and supplement the Game Rules and these Terms and Conditions at any time and with no advance notice to the Players.
2.3. To be registered as a Player and to be assigned an Account, an individual may be required to: a. confirm that the Player is over 18 (eighteen) years of age or any other age of maturity applicable to the Player; and b. provide a valid email address, phone number; and c. provide a username and a password.
2.4. PIP reserves the right to request from the Player proof of age, identity and residency after the Account is created and perform checks to verify the information provided. An Account may be suspended until requested information is provided.
2.5. A Player furthermore warrants and represents:
a. that any information provided while opening the Account is true and correct.
b. not to be a resident of any country where using the Services, participating in the games, or accepting any Prize would be contrary to local laws or regulations. It is the Player’s responsibility to ascertain the terms of and comply with any local laws or regulations to which they are subject;
c. not being a US national and not being a resident of the following jurisdictions: the EEA, Palestine, Syria, Iran, North Korea, the Russian Federation, Belarus;
d. not to be restricted by limited legal capacity;
e. not to be acting on behalf of another person;
f. not to be conducting criminal activities whereby an Account is directly or indirectly involved;
g. not to use a system (including machines, robots, computers, software, or any other automated system) designed to defeat or capable of defeating the PIP App, the Website and/or the Software.
2.6. PIP reserves the right at its own discretion and at all times, to:
a. decline to open an Account and/or to close or suspend an existing Account without any explanation whatsoever;
b. transfer and/or license, without prior notice, data regarding a Player to any other legal entity, in any country, ultimately managed and controlled by its group, subject to PIP guaranteeing that the said data at all times is transferred and managed in accordance with applicable laws, data protection acts, its Privacy Notice and/or similar;
c. forfeit the Prize available on an Account and/or refuse to honour a claim, in the event that, directly or indirectly:
(i) the Game Rules have been violated; and/or (ii) other unauthorised activities have occurred in connection with the operation of the Account;
d. suspend and/or cancel the participation of a Player in the games, promotional activities, competitions, or other Services, whenever PIP is of the opinion that there are legitimate concerns that an Account is, has been, or may be used for illegal, fraudulent, or dishonest practices.
2.7. PIP warrants and represents at all times to:
a. manage the Prizes belonging to Players in a secure and appropriate manner; and/or
b. manage data regarding a Player in accordance with applicable laws, data protection acts, its Privacy Notice and/or similar.
2.8. A Player can only hold one Account at a time. If this rule is breached, PIP reserves the right to block and/or delete all Account(s) held by the violating Player or reallocate all the Prizes to a single Account. No bonus given to the superfluous Account(s) will be reallocated.
2.9. An Account is non-transferable. It is prohibited for Players to sell, transfer, or acquire Accounts from or to other Players. Prizes cannot be transferred between Accounts.
2.10. A Player shall not allow any other individual, including any minor, to use its Account, access and/or use any material or information from the Website, accept any Prize, or access and/or participate in the Services.
2.11. PIP reserves the right to close an Inactive Account if it has not recorded any log-in and/or log-out for a period exceeding 3 (three) consecutive months.
2.12. A Player may close its Account by contacting PIP’s Customer Support via CS@pipapp.com.
2.13. If not claimed in advance, any Prizes in the Account will be cancelled upon closure of the Account.
2.14. PIP will not make any monetary payment to a Player before the Player's identity, age and place of residence have been sufficiently verified.
2.15. PIP reserves the right to charge the Player for administrative costs resulting from claims of the Prize made by the Player, as indicated on the Website.
2.16. It is the sole responsibility of the Player to pay and proceed with all necessary diligence in relation to taxes on any Prize having a monetary value, if and where applicable.
3. Game Rules
3.1. Each game has a group of defined set of characteristics, these include, but are not limited to:
a. Number of Levels
b. Time per Trade
c. Prize
d. Market
e. Lives f. Price
3.2. To start the game the Player selects the direction of his/her prediction by swiping up or down on the Market graph. 3.3. The timer for the game starts when the Player swipes a direction on the Market graph.
3.4. The game screen will turn green to show the portion of the screen, that if the graph finishes in after the time has elapsed, the Player wins. 3.5. The screen will turn red to show the portion of the screen, that if the graph finishes in after the time has elapsed, the Player loses. 3.6. Should the graph finish at the same level as it started, then the Player will win.
3.7. Once the time has elapsed the Player will be awarded a win or a loss. 3.8. In case of a loss: a. If the Player has Lives, a Life will be removed, and the Player will be allowed to replay the Level again.
b. If the Player has no Lives, the game will end.
3.9. If the game ends the Player’s score will be recorded and added to the leader board section of the Website. Only the highest score of the Player will be recorded on the leader board.
3.10. The game continues until the Player runs out of Lives or completes all Levels within a game.
3.11. There are currently 3 (three) leader boards:
a. daily: the leader board opens each day at 00:00 IST and closes at 23.59.59 IST;
b. weekly: the leader board opens each Monday at 00:00 IST and closes Sunday at 23.59.59 IST each week;
c. monthly: the leader board opens on the first day of the month at 00:00 IST and closes at 23.59.59 IST on the last day of each month.
4. Miscellaneous
4.1. The Game Rules have been drafted in English. Translations into other languages are made as a service and in good faith. In the event of discrepancy between the English version and a translation, the English version shall prevail.
4.2. PIP does not provide advice to the Player regarding tax and/or legal matters. Should the Player wish to obtain advice regarding tax and legal matters, they are advised to contact appropriate advisers and/or authorities in the jurisdiction in which they are domiciled and/or resident.
4.3. PIP reserves the right, at all times, to resolve any dispute, at its own discretion, in accordance with principles of equity. These Terms and Conditions are governed by the law of St. Vincent & The Grenadines.
4.4. The Player should take all appropriate measures to protect the data and/or software stored on their computer against all damage of any sort or intrusion that may come from using the Services.
4.5. PIP does not acknowledge or accept any liability whatsoever for damage and/or losses to a Player and/or a third party caused directly and/or indirectly due to any:
a. use of the Services, participating in the games, or accepting any Prize;
b. mistake, misprint, misinterpretation, mishearing, misreading, mistranslation, spelling mistake, fault in reading these Terms and Conditions and the Game Rules;
c. error, technical failure, technical hazard, registration error, manifest error on the Website, in the PIP App and in the Software;
d. cancellation of a game for any reason;
e. Force Majeure and/or any other similar event;
f. violation of the Game Rules;
g. collusion and/or criminal actions of the Players.
4.6. Should the Player’s participation in the Services be interrupted by a failure of the telecommunication system, or of the Player’s computer system, preventing them from continuing to use the Services after they have entered a tournament, PIP shall take all reasonable steps to ensure that its approved computer system enables the Player to resume, upon restoration of the system, participation in the game and Services as at the time immediately before the interruption.
4.7. The Player shall hold PIP, its employees, officers, directors, licensees, distributors, wholesalers, affiliates, subsidiaries, advertising, promotion or other agencies, media partners, agents, and retailers harmless and shall fully indemnify the same from all costs, expenses, liabilities, and damages whatsoever that may arise because of Player's:
a. entry, use or reuse of the Website;
b. use of any Website material;
c. entry, use or reuse of the servers used to provide the Services; d. entry, use or reuse of the PIP App;
e. participation in the games, chat functionalities and Services; or
f. the acceptance of any Prize.
4.8. Under no circumstances, including but not limited to negligence, shall PIP, its Software and the PIP App, software suppliers, subsidiary companies, or affiliates be liable for any direct, indirect, incidental, special or consequential damages resulting from the use of or the inability to use PIP 's or its suppliers’ products, PIP App and/or materials. The Player specifically acknowledges and agrees that PIP is not liable for any defamatory, offensive, or illegal conduct of any Player. If the Player is dissatisfied with any Service, or with any of the present Game Rules, the Player's sole and exclusive remedy is to discontinue using the Services.
4.9. The Player understands that PIP reserves the right to change or remove any of its Services at any time.
4.10. The Player shall review the Game Rules as posted on the Website on a regular basis, and not less than once a month.
1.1. “PIP" is PIP Corp Limited.
1.2. “Game Rules" appear on the game screen and reiterate the characteristics of that specific game, its rules, and limitations. The distribution of points per Level is revealed for each game separately together with the PIP rules. Each Game Rule forms an integral part of the Terms and Conditions.
1.3. “Player” is an individual having a contractual relationship with PIP by creating an Account on the PIP App. A body corporate cannot be a Player.
1.4. “Account” is an account held by a Player with the strict purpose of participating in the games held by PIP on the PIP App.
1.5. "Website" is pipapp.com.
1.6. “Services” is providing access to and administrating games by PIP through the PIP App.
1.7. “Force Majeure" refers to any occurrence or condition beyond one's reasonable control which leads to a delay or default in the performance of the affected party's contractual obligation and shall, for the purposes of these Terms and Conditions, include Acts of God, government restrictions, wars, outbreak of hostilities, riots, civil disturbances, insurrections, acts of terrorism, fire, explosions, floods, theft, malicious damage, strikes, lockouts, and/or any other cause beyond the reasonable control of the party whose performance is affected.
1.8. “PIP App” shall mean the web app opened by the Player to use the Services.
1.9. “Software” shall mean all software used by PIP to offer and/or operate the Services and/or run the PIP App and the Website.
1.10. “Prize” maximum points can be won by the Player per Level as communicated in the Game Rules. If provided by the Game Rules, the Prize may have some form of monetary value.
1.11. “Inactive Account” an Account which has not recorded any log-in and/or log-out for a period exceeding 3 (three) consecutive months.
1.12. All trademarks, service marks and trade names as well as images, graphics, text, concepts, or methodologies (collectively the “Intellectual Assets”) found on the Website, the PIP App and the material contained therein are the exclusive property of PIP and/or PIP’s suppliers and partners. A Player is not entitled to exploit or otherwise use any Intellectual Asset for whatever purpose, except for what is allowed by law.
1.13. “Number of Levels” maximum number of Markets subject to a game.
1.14. “Lives” number of attempts to play within one game; any loss lowers the number of Lives available to the Player.
1.15. “Time per Trade” is the time interval necessary to run over the Market.
1.16. “Market” is the market selected by the Player for a specific game.
1.17. “Price” is the points required from the Player to enter the game.
2. Account Management Rules
2.1. By opening an Account, the Player agrees that he/she has read, understood, and will be adhering to these Terms and Conditions, incl. any Game Rules.
2.2. PIP may update, amend, edit, and supplement the Game Rules and these Terms and Conditions at any time and with no advance notice to the Players.
2.3. To be registered as a Player and to be assigned an Account, an individual may be required to: a. confirm that the Player is over 18 (eighteen) years of age or any other age of maturity applicable to the Player; and b. provide a valid email address, phone number; and c. provide a username and a password.
2.4. PIP reserves the right to request from the Player proof of age, identity and residency after the Account is created and perform checks to verify the information provided. An Account may be suspended until requested information is provided.
2.5. A Player furthermore warrants and represents:
a. that any information provided while opening the Account is true and correct.
b. not to be a resident of any country where using the Services, participating in the games, or accepting any Prize would be contrary to local laws or regulations. It is the Player’s responsibility to ascertain the terms of and comply with any local laws or regulations to which they are subject;
c. not being a US national and not being a resident of the following jurisdictions: the EEA, Palestine, Syria, Iran, North Korea, the Russian Federation, Belarus;
d. not to be restricted by limited legal capacity;
e. not to be acting on behalf of another person;
f. not to be conducting criminal activities whereby an Account is directly or indirectly involved;
g. not to use a system (including machines, robots, computers, software, or any other automated system) designed to defeat or capable of defeating the PIP App, the Website and/or the Software.
2.6. PIP reserves the right at its own discretion and at all times, to:
a. decline to open an Account and/or to close or suspend an existing Account without any explanation whatsoever;
b. transfer and/or license, without prior notice, data regarding a Player to any other legal entity, in any country, ultimately managed and controlled by its group, subject to PIP guaranteeing that the said data at all times is transferred and managed in accordance with applicable laws, data protection acts, its Privacy Notice and/or similar;
c. forfeit the Prize available on an Account and/or refuse to honour a claim, in the event that, directly or indirectly:
(i) the Game Rules have been violated; and/or (ii) other unauthorised activities have occurred in connection with the operation of the Account;
d. suspend and/or cancel the participation of a Player in the games, promotional activities, competitions, or other Services, whenever PIP is of the opinion that there are legitimate concerns that an Account is, has been, or may be used for illegal, fraudulent, or dishonest practices.
2.7. PIP warrants and represents at all times to:
a. manage the Prizes belonging to Players in a secure and appropriate manner; and/or
b. manage data regarding a Player in accordance with applicable laws, data protection acts, its Privacy Notice and/or similar.
2.8. A Player can only hold one Account at a time. If this rule is breached, PIP reserves the right to block and/or delete all Account(s) held by the violating Player or reallocate all the Prizes to a single Account. No bonus given to the superfluous Account(s) will be reallocated.
2.9. An Account is non-transferable. It is prohibited for Players to sell, transfer, or acquire Accounts from or to other Players. Prizes cannot be transferred between Accounts.
2.10. A Player shall not allow any other individual, including any minor, to use its Account, access and/or use any material or information from the Website, accept any Prize, or access and/or participate in the Services.
2.11. PIP reserves the right to close an Inactive Account if it has not recorded any log-in and/or log-out for a period exceeding 3 (three) consecutive months.
2.12. A Player may close its Account by contacting PIP’s Customer Support via CS@pipapp.com.
2.13. If not claimed in advance, any Prizes in the Account will be cancelled upon closure of the Account.
2.14. PIP will not make any monetary payment to a Player before the Player's identity, age and place of residence have been sufficiently verified.
2.15. PIP reserves the right to charge the Player for administrative costs resulting from claims of the Prize made by the Player, as indicated on the Website.
2.16. It is the sole responsibility of the Player to pay and proceed with all necessary diligence in relation to taxes on any Prize having a monetary value, if and where applicable.
3. Game Rules
3.1. Each game has a group of defined set of characteristics, these include, but are not limited to:
a. Number of Levels
b. Time per Trade
c. Prize
d. Market
e. Lives f. Price
3.2. To start the game the Player selects the direction of his/her prediction by swiping up or down on the Market graph. 3.3. The timer for the game starts when the Player swipes a direction on the Market graph.
3.4. The game screen will turn green to show the portion of the screen, that if the graph finishes in after the time has elapsed, the Player wins. 3.5. The screen will turn red to show the portion of the screen, that if the graph finishes in after the time has elapsed, the Player loses. 3.6. Should the graph finish at the same level as it started, then the Player will win.
3.7. Once the time has elapsed the Player will be awarded a win or a loss. 3.8. In case of a loss: a. If the Player has Lives, a Life will be removed, and the Player will be allowed to replay the Level again.
b. If the Player has no Lives, the game will end.
3.9. If the game ends the Player’s score will be recorded and added to the leader board section of the Website. Only the highest score of the Player will be recorded on the leader board.
3.10. The game continues until the Player runs out of Lives or completes all Levels within a game.
3.11. There are currently 3 (three) leader boards:
a. daily: the leader board opens each day at 00:00 IST and closes at 23.59.59 IST;
b. weekly: the leader board opens each Monday at 00:00 IST and closes Sunday at 23.59.59 IST each week;
c. monthly: the leader board opens on the first day of the month at 00:00 IST and closes at 23.59.59 IST on the last day of each month.
4. Miscellaneous
4.1. The Game Rules have been drafted in English. Translations into other languages are made as a service and in good faith. In the event of discrepancy between the English version and a translation, the English version shall prevail.
4.2. PIP does not provide advice to the Player regarding tax and/or legal matters. Should the Player wish to obtain advice regarding tax and legal matters, they are advised to contact appropriate advisers and/or authorities in the jurisdiction in which they are domiciled and/or resident.
4.3. PIP reserves the right, at all times, to resolve any dispute, at its own discretion, in accordance with principles of equity. These Terms and Conditions are governed by the law of St. Vincent & The Grenadines.
4.4. The Player should take all appropriate measures to protect the data and/or software stored on their computer against all damage of any sort or intrusion that may come from using the Services.
4.5. PIP does not acknowledge or accept any liability whatsoever for damage and/or losses to a Player and/or a third party caused directly and/or indirectly due to any:
a. use of the Services, participating in the games, or accepting any Prize;
b. mistake, misprint, misinterpretation, mishearing, misreading, mistranslation, spelling mistake, fault in reading these Terms and Conditions and the Game Rules;
c. error, technical failure, technical hazard, registration error, manifest error on the Website, in the PIP App and in the Software;
d. cancellation of a game for any reason;
e. Force Majeure and/or any other similar event;
f. violation of the Game Rules;
g. collusion and/or criminal actions of the Players.
4.6. Should the Player’s participation in the Services be interrupted by a failure of the telecommunication system, or of the Player’s computer system, preventing them from continuing to use the Services after they have entered a tournament, PIP shall take all reasonable steps to ensure that its approved computer system enables the Player to resume, upon restoration of the system, participation in the game and Services as at the time immediately before the interruption.
4.7. The Player shall hold PIP, its employees, officers, directors, licensees, distributors, wholesalers, affiliates, subsidiaries, advertising, promotion or other agencies, media partners, agents, and retailers harmless and shall fully indemnify the same from all costs, expenses, liabilities, and damages whatsoever that may arise because of Player's:
a. entry, use or reuse of the Website;
b. use of any Website material;
c. entry, use or reuse of the servers used to provide the Services; d. entry, use or reuse of the PIP App;
e. participation in the games, chat functionalities and Services; or
f. the acceptance of any Prize.
4.8. Under no circumstances, including but not limited to negligence, shall PIP, its Software and the PIP App, software suppliers, subsidiary companies, or affiliates be liable for any direct, indirect, incidental, special or consequential damages resulting from the use of or the inability to use PIP 's or its suppliers’ products, PIP App and/or materials. The Player specifically acknowledges and agrees that PIP is not liable for any defamatory, offensive, or illegal conduct of any Player. If the Player is dissatisfied with any Service, or with any of the present Game Rules, the Player's sole and exclusive remedy is to discontinue using the Services.
4.9. The Player understands that PIP reserves the right to change or remove any of its Services at any time.
4.10. The Player shall review the Game Rules as posted on the Website on a regular basis, and not less than once a month.