1. General provisions
These Terms of Service (hereinafter — the "Agreement") govern the relationship between the owner of the VDole investment platform (hereinafter — the "Platform", the "Service") and users of the Service. Registration on the Platform constitutes full and unconditional acceptance of the terms of this Agreement.
2. Definitions
- Service (the VDole Platform) — the technological infrastructure for concluding transactions between entrepreneurs and investors, acting as guarantor of settlements.
- Agent — an entrepreneur (sole proprietor or LLC) registered on the Platform, publishing offers to sell shares of profit of their business.
- Contragent — an investor (individual or sole proprietor) registered on the Platform, acquiring shares of profit of agents' businesses.
- Offer — a condition posted by an agent to sell a specified share of profit for an established price.
- Transaction — a legally significant agreement between an agent and a contragent, concluded through the Service.
- Escrow — a protected settlement mechanism under which a contragent's funds are held until the agent fulfils their obligations.
3. Registration and account
Registration is performed through one of the supported authentication providers (email, Google, Yandex, VK, Mail.ru, Telegram, MAX) or by phone number. The user must provide accurate data and keep it up to date.
One user — one account. Transfer of credentials to third parties is prohibited. The user is responsible for all actions performed using their account.
4. Roles and participation conditions
For agents: the agent confirms their status as a sole proprietor or LLC, provides business registration documents, and completes verification. Agents must publish only accurate information about their business, its financial condition, and the terms of the offer.
For contragents: the contragent confirms majority and legal capacity. The contragent assumes investment risks associated with placing funds in agents' businesses.
5. Publication of offers
The agent independently determines the terms of the offer: the size of the share sold, minimum investment amount, expected yield, and offer duration. The Service verifies the offer's compliance with formal requirements but does not guarantee its economic success.
The Service reserves the right to refuse publication of an offer that violates Russian Federation law, this Agreement, or Platform rules.
6. Escrow settlements and payouts
Funds of contragents directed to pay for shares are credited to the escrow account and held until confirmation of the transaction. Payout to the agent is made when the conditions set by the offer are met.
Dividends are credited to contragents automatically based on the agent's reporting, at intervals specified in the offer. Payments are made to the bank details provided by the contragent.
7. Service fees
The Service charges a fee for transaction execution and dividend payouts. The current fee amount is published in the "Pricing" section and may be changed with at least 30 days' notice to users.
8. Liability of the parties
The Service acts as guarantor of escrow settlements but is not a party to investment transactions and bears no liability for the commercial outcome of agents' activities.
The Service does not guarantee:
- investment yield;
- the agent's performance of obligations beyond the terms of escrow;
- preservation of the value of invested funds in the event of the agent's bankruptcy.
The contragent fully accepts investment risks and independently assesses the advisability of participating in the offer.
9. Taxation
Dividends received are subject to taxation under the Tax Code of the Russian Federation. The Platform generates 2-NDFL certificates and notifications of income received. The obligation to pay taxes rests with the contragent.
10. Prohibited actions
- creation of multiple accounts or use of another person's credentials;
- posting inaccurate information about a business or offers;
- attempts to circumvent the escrow settlement system;
- use of the Service to legalise proceeds obtained by criminal means;
- actions that disrupt the Platform or harm other users.
Violation results in account blocking and may entail liability under Russian Federation law.
11. Dispute resolution
Disputes between the parties are resolved through negotiations. If agreement cannot be reached, the dispute is referred to the court at the Operator's place of incorporation in accordance with Russian Federation law.
12. Changes to the Agreement
The Operator may amend this Agreement. The current version is available at /en/terms. Continued use of the Service after publication of changes constitutes acceptance of the new version.
13. Contacts
For questions about this Agreement, please contact info@vdole.it-joy.ru.