Term & Conditions

AIM Community Shop E-commerce Platform Policy

Effective Date: [May 20, 2025]
Version: 1.0

1. Introduction

The AIM Community Shop is a decentralized e-commerce platform designed to empower community-driven trade using blockchain-based payment gateways. This policy governs the use of the platform, ensuring transparency, security, and equitable participation among buyers, sellers, and service providers.

2. Platform Governance

  • The platform is operated and maintained by the AIM Community DAO (Decentralized Autonomous Organization).

  • Decisions on feature development, upgrades, and moderation policies are made through community voting using governance tokens.

  • A rotating council of elected moderators oversees compliance and resolves flagged issues.

3. User Eligibility and Conduct

3.1. Eligibility

  • Users must be at least 18 years old or the age of majority in their jurisdiction.

  • Registration requires a valid wallet address and adherence to Know-Your-Customer (KYC) requirements if mandated by law.

3.2. Code of Conduct

  • Users agree to engage in honest trade, respect intellectual property, and refrain from illegal or unethical activities.

  • Hate speech, fraud, harassment, and sale of prohibited goods (e.g., weapons, narcotics, counterfeit items) are strictly forbidden.

4. Decentralized Payment Gateway

4.1. Supported Tokens

  • The platform supports decentralized payment through select cryptocurrencies and stablecoins (e.g., ETH, USDT, AIM token).

  • Additional tokens may be added via community governance.

4.2. Smart Contracts

  • All transactions are facilitated by smart contracts, ensuring trustless payment and automatic escrow when needed.

  • Funds are held in escrow until transaction conditions are met (e.g., delivery confirmed, time-locked release).

4.3. Fees

  • A small transaction fee (configurable by governance) is collected to sustain platform operations and community funds.

5. Listings and Transactions

  • Sellers are responsible for the accuracy of product descriptions, pricing, and delivery terms.

  • Buyers are expected to confirm the receipt of goods and release payments from escrow accordingly.

  • Review and rating systems are in place to build trust and reputation.

6. Dispute Resolution

  • Disputes between buyers and sellers are initially mediated via community-based arbitration.

  • Users can propose arbitrators from the community pool, who are then confirmed via DAO voting.

  • If resolution fails, parties may escalate to third-party mediation services integrated with the platform.

7. Data Privacy and Security

  • The platform minimizes data collection, storing only non-sensitive metadata (e.g., wallet addresses, transaction hashes).

  • KYC data (if required) is encrypted and stored off-chain with zero-knowledge verification where possible.

  • Users are responsible for securing their wallets and private keys.

8. Compliance and Legal Considerations

  • The AIM Community Shop complies with applicable international e-commerce and financial regulations.

  • Users must comply with local laws regarding the purchase and sale of goods or services.

  • AIM DAO is not liable for losses resulting from unauthorized access, smart contract bugs, or regulatory changes.

9. Amendments and Governance

  • This policy may be amended through DAO proposals and community voting.

  • Major updates will be announced via official channels and take effect after a 7-day notice period.

10. Contact and Support

  • For assistance, users can reach out via the official community forum or submit requests through the support portal on the platform.

This policy aims to ensure fair, transparent, and decentralized trade for all members of the AIM Community. By using the platform, you agree to abide by its terms.

Main Menu