Koond.eu

Terms of Service

These terms govern your use of Koond.eu. By creating an account or using the site, you agree to them.

What Koond.eu is

Koond.eu is a coordination tool that helps retail investors self-organize collective claims when crowdfunding projects default. It replaces ad-hoc chat groups with structured, private tracking of who has joined a claim and what has happened. Koond.eu is not a law firm, does not give legal, financial, or investment advice, and does not represent you in any legal proceeding. We do not verify the accuracy of claims, updates, or other content submitted by users or Claim Admins. Using the platform does not create an attorney-client or any other fiduciary relationship between you and the Koond.eu team.

Eligibility and your account

You must be at least 18 and able to enter into a binding agreement to use Koond.eu. You are responsible for keeping your account secure and for everything done under it. Give accurate information when you register, join a claim, or submit content — the participant roster depends on it, and inaccurate transaction data can genuinely harm a claim’s legal prospects. We may suspend or close an account we reasonably believe is fraudulent, abusive, or in breach of these terms.

Submitting and joining claims

Anyone with an account may propose a claim; the Koond.eu team reviews it and approves or rejects it before it becomes public. Once approved, other users can join by submitting their investment amount, investment date, and transaction reference. We ask that claim titles, descriptions, and updates describe events factually and neutrally — for example, “alleged default on Project X” rather than unsupported accusations. We may edit, reject, or remove content, before or after publication, that we believe is defamatory, unlawful, or does not meet this standard. If you believe a claim, update, company page, or comment is inaccurate or unlawful, email privacy@koond.eu with the page URL and details; we will review it and take appropriate action, which may include correction or removal.

Claim Admins

A Claim Admin is a user assigned by the Koond.eu team to manage one specific claim: posting updates and exporting the participant roster (names, emails, amounts, and transaction references) to hand to the law firm coordinating that claim. A Claim Admin may use that roster only for that purpose, must treat it as confidential personal data, and may not use it for anything unrelated.

No legal, financial, or investment advice

Nothing on Koond.eu is legal, financial, or investment advice, and nothing on the platform guarantees that a claim will lead to legal action, a settlement, or any recovery of funds. Always get independent legal and financial advice before making decisions about your investments or a legal claim.

Disclaimer and limitation of liability

Koond.eu is provided “as is” and “as available,” without warranties of any kind. To the maximum extent permitted by law, the Koond.eu team accepts no liability for any loss, damage, or outcome — direct or indirect — arising from your use of the platform, from content submitted by other users or Claim Admins, or from any legal action or its absence. Nothing in these terms limits liability that cannot be limited under applicable law, including for fraud or for death or personal injury caused by negligence.

Your content and our licence to use it

You keep ownership of the content you submit (claim proposals, updates, links, comments, and similar). By submitting it, you grant Koond.eu a worldwide, royalty-free licence to display, store, and distribute it as part of operating the platform — including as part of the public aggregate statistics and the participant roster described in our Privacy Policy.

Ending your account

You may stop using Koond.eu and ask us to delete your account at any time by emailing privacy@koond.eu. We may suspend or close access for breach of these terms. Closing your account does not retroactively withdraw a roster that was already shared with a law firm before deletion.

Governing law and disputes

These terms are governed by applicable EU law. If you are a consumer resident in the EU, the mandatory consumer-protection rules of your own country still apply, and you may use the European Commission’s Online Dispute Resolution platform at https://ec.europa.eu/consumers/odr.

Changes to these terms

We may update these terms as the service evolves. We will change the “last updated” date above, and where a change is material we will highlight it on the site. Continuing to use Koond.eu after a change takes effect means you accept the updated terms.

Contact

Questions about these terms: privacy@koond.eu.