Terms and Conditions
Introduction
Welcome to The Price Perception Challenge. By participating in our challenge and using our website, you agree to comply with and be bound by the following Terms and Conditions. Please review these terms carefully. If you do not agree with any part of these terms, you should not participate in the challenge or use our website.
Participation
Eligibility:
- Participation in The Price Perception Challenge is voluntary and open to individuals who are at least 18 years old or have the consent of a parent or guardian.
Challenge Details:
- The challenge involves choosing to give either $0.99 or $1 via Venmo. The goal is to explore the psychological impact of price perception and to see how long it takes to reach $1 million for each option.
Use of Venmo
Payment Processing:
- All payments and contributions are processed through Venmo. By participating, you agree to Venmo's terms and conditions and privacy policies. We do not store or manage any payment information.
Charitable Contributions:
- 25% of all contributions will go to charity. We will ensure that these funds are allocated properly and transparently.
Privacy
Data Collection:
- We do not collect any personal information on our website. The only personal information associated with your participation is through your contributions made via Venmo.
Data Security:
- As we do not collect or store personal information, there is no risk of data breaches from our end. For information on Venmo’s data security practices, please refer to Venmo’s privacy policy.
Intellectual Property
Content Ownership:
- All content on our website, including text, graphics, logos, and images, is the property of The Price Perception Challenge or its content suppliers and is protected by intellectual property laws.
Use of Content:
- You may not use, reproduce, or distribute any content from our website without our prior written permission.
Limitation of Liability
No Guarantees:
- We make no guarantees regarding the outcomes of the challenge or the accuracy of information provided on our website.
Indemnification:
- By participating in the challenge, you agree to indemnify and hold harmless The Price Perception Challenge, its affiliates, and its contributors from any claims arising out of your participation.
Amendments
Changes to Terms:
- We may update these Terms and Conditions from time to time to reflect changes in our practices or for other operational, legal, or regulatory reasons. We will notify you of any significant changes by posting the new Terms and Conditions on our website.
Governing Law
Jurisdiction:
- These Terms and Conditions are governed by and construed in accordance with the laws of [Your Country/State], and you irrevocably submit to the exclusive jurisdiction of the courts in that State or location.
Contact Us
If you have any questions or concerns about these Terms and Conditions, please contact us at Robert@priceperceptionchallenge.com.
Effective Date:
These Terms and Conditions are effective as of 7/17/2024.