Terms Of Service
Please read carefully before using the MagicBid Website or the MagicBid Services. These Terms of Use (“Terms”) are a legal agreement between You, a “Publisher Partner” and MagicBid, LLC., (“MagicBid”). By accessing the MagicBid website, currently located at MagicBid.AI (the “Website”) and using any of the MagicBid Services (as defined below) accessible through the Website, You agree to, and are bound by, the terms and conditions of these Terms and the Privacy Policy of MagicBid for as long as you continue to use the Website or MagicBid Services.If you do not agree to be bound by these terms, do not use the site or the MagicBid Services.If you are an individual user, in order to utilise and register for the MagicBid Services, you must be at least 18 years old. By using the MagicBid Services, you represent and warrant that you are at least 18 years old.We reserve the right to modify the Terms at any time. Such modified Terms will become effective and will apply to your use of the MagicBid Services upon our posting such Terms to the Website. Your continued use of our MagicBid Services after a modification has been posted shall be deemed to constitute acceptance by you of any modified Terms. It is your sole obligation to review the Terms and to be aware of any modifications.
1. Description of the MagicBid Services
MagicBid provides an ad mediation solution aimed at optimising mobile advertisements for publishers and software developers on end users’ mobile applications and websites (collectively, the “MagicBid Services”). MagicBid Services allow You, as a Publisher Partner, to offer and sell elements of an application that You designate for placement of ads (“Your Inventory”) to any advertiser, demand side platform, or advertising network, who bids to buy Inventory listed by You.2. Your Account
Your account is for your personal use only. You are responsible for the confidentiality of your login information, including your username and password, via whatever method you choose to access the MagicBid Services, and for all use of the MagicBid Services by users using your login information. You may not authorise others to use your account, and you may not assign or otherwise transfer your account to any other person or entity. You will immediately notify MagicBid of any unauthorised use of your login information, or any unauthorised access to your account. You acknowledge that MagicBid is not responsible for third party access to your account that results from theft or misappropriation of your usernames and passwords.3. Conditions, Restrictions and Obligations for Publisher Partners.
You will not provide inaccurate, misleading or false information to MagicBid. If information provided to MagicBid subsequently becomes inaccurate, misleading or false, you will promptly notify MagicBid of such change. You will not harass, annoy, intimidate or threaten any MagicBid employees or agents engaged in providing any portion of the MagicBid Services to you.Your right to use the MagicBid Service is subject to any limitations, conditions and restrictions established by us from time to time, in our sole discretion. We may alter, suspend or discontinue any aspect of the MagicBid Services at any time. In addition, we may impose limits on certain features and aspects of the MagicBid Services or restrict your access to parts or all of the MagicBid Services without notice or liability and for any reason. MagicBid reserves the right to terminate your use of the MagicBid Services if you misuse the MagicBid Services in any way, or act in an inappropriate, unlawful or illegal manner, in our sole and absolute discretion.You shall not authorise or encourage any third party to generate fraudulent impressions of or fraudulent clicks on any advertisement, including but not limited to, through repeated manual clicks, the use of robots or other automated query tools and/or computer generated search requests, and/or the fraudulent use of other search engine optimization MagicBid Services and/or software. You must have an active application that is currently published in the App Store, Google Play or Amazon Store. If at any point the application is removed from those platforms, but impressions generated from MagicBid ads continue, You acknowledge, understand and agree that You may not receive earnings derived from such impressions.4. Licenses
You may list assets including but not limited to mobile sites, applications, and device platforms (“Mobile Properties”) and make them available for advertisement. You hereby grant MagicBid the right to access, index, store and cache requests made from your mobile websites (“Mobile Property”) to the MagicBid Services, including by automated means. You allow MagicBid to access your applications to serve MagicBid’s personalised advertisements. You are prohibited from using the MagicBid Services in an app that offers any real monetary value to the end users. You will have the ability to block any offers and/or advertisements before they are made available to Users.5. Fees
Subject to your compliance with these Terms, MagicBid will pay you a portion of the revenues actually received by MagicBid from advertisers for Advertisements displayed on your advertising inventory via the MagicBid Services, as determined by MagicBid from time to time in its sole discretion. The compensation payable to you shall be based on a percentage of the Net Revenue (“Net Revenue Share”). Net Revenue Share is determined dynamically for each impression and is based on terms negotiated programmatically between MagicBid and the advertiser. Payments will be calculated solely based on records maintained by MagicBid, and no other measurements or statistics of any kind will be accepted or have any effect. Payments to you may be withheld to reflect or adjusted to exclude any amounts refunded or credited to advertisers and any amounts arising from invalid activity, as determined by MagicBid in its sole discretion. Invalid activity is determined by MagicBid in all cases and includes, but is not limited to, (i) spam, invalid impressions or invalid clicks on ads generated by any person, bot, automated program or similar device, including through any clicks or impressions originating from your IP addresses or computers under your control; (ii) clicks solicited or impressions generated by payment of money and false representation; (iii) clicks or impressions co-mingled with a significant amount of the activity described in (i) and (ii) above, or (iv) any breach of these Terms by you.6. Terms of payment
Within forty-five (45) days after the end of each calendar month during the term of the MagicBid Services, MagicBid will provide you a written or electronic report, or will enable you to access such reports online, showing the bases for calculating the Net Revenue Share for such month. If you dispute any payment made in connection with the MagicBid Services, you must notify MagicBid in writing within forty-five (45) days of any such payment. Failure to so notify MagicBid shall result in the waiver by you of any claims related to such disputed payment. To ensure proper payment, you are solely responsible for providing and maintaining accurate contact and payment information associated with your account. You agree to pay all applicable taxes or charges imposed by any government entity in connection with your use of the MagicBid Services.Regular payouts, which are the standard payouts we issue every month by default, MagicBid agrees to issue the payment on a net 45 term basis. This payout includes revenue calculated at the last second of the last day of the month.If you choose our immediate payout option, MagicBid agrees to issue the payment within 5 business days from the date of the request or MagicBid will issue a delay notice. If opting for our immediate payout option, MagicBid will charge a 4% fee.You must have an active application that is currently published in the App Store, Google Play or Amazon Store. If at any point the application is removed from those platforms, but impressions generated from MagicBid ads continue, You acknowledge, understand and agree that You may not receive earnings derived from such impressions.7. Incentivized Traffic
Incentivized traffic is when a publisher compensates end users for watching an Advertisement and/or taking a particular action by providing a virtual benefit – from in-app currency to redeemable points and artefacts.As a publisher using MagicBid’s Services, You agree that the sole and exclusive format for Incentivized Traffic shall be rewarded ad format. All other reward formats are prohibited. In addition, publishers are prohibited from using rewarded ads to offer monetary rewards of any kind, including, but not limited to, cash or gift cards. Under no circumstances may end users be rewarded by any “real world” monetary value unless allowed in writing by MagicBid on a case-by-case basis, subject to screening requirements, special economic terms, additional contractual terms, and provided that such monetary value will never:- Involve cash, in any currency, or cryptocurrencies;
- Incentivize and reward the download of other applications.