Terms and Conditions

Last updated: February 18, 2025

1. Introduction

Welcome to AltFolio, a fractional ownership platform for exclusive collectibles such as lego sets, luxury watches, and memorabilia. These terms govern your use of the platform, services, and any related transactions. By accessing or using our website (www.altfolio.com) and services, you agree to comply with and be bound by the following Terms and Conditions. Please read them carefully.

2. Eligibility

By using AltFolio, you confirm that:

  • You are at least 18 years old.
  • You have the legal capacity to enter into a binding agreement.
  • You are not restricted from investing under applicable laws.

3. User Account and Registration

  • You must register an account to access AltFolio’s services.
  • You agree to provide accurate and complete information during the registration process.
  • You are responsible for maintaining the confidentiality of your login credentials.
  • You agree to notify AltFolio immediately of any unauthorized account activity.

4. Purchase and Ownership

  • AltFolio facilitates fractional ownership of alternative assets, meaning you own a proportional share ("token") rather than the full asset. Your ownership is recorded securely and digitally.
  • The minimum purchase amount is INR 1000, but specific asset offerings may have different minimums.
  • AltFolio does not guarantee returns — market values fluctuate, and past performance is not indicative of future results. Investors should be aware that all investments carry risk, including the potential loss of principal.
  • AltFolio does not provide any investment, financial, or tax advice. All users are expected to conduct their own research and consult a financial advisor before making investment decisions.
  • Buyers can sell their tokens via our peer-to-peer (P2P) marketplace. The ability to sell depends on the availability of willing buyers and prevailing market trends, meaning liquidity is not always guaranteed.

5. Asset Management and Custodianship

  • All collectibles and alternative assets are securely stored, insured, and maintained by AltFolio.
  • Investors do not have physical possession of the asset but can track ownership digitally.
  • If a full asset is sold, proceeds are distributed among fractional owners based on their investment share.

6. Fees and Charges

AltFolio may charge platform or transaction fees, including but not limited to:

  • Fees for launch of new assets and initial issue of fractional shares ("tokens").
  • Transaction fees when buying or selling tokens on our peer-to-peer (P2P) marketplace.
  • Asset management, storage, insurance or maintenance fees.

All applicable fees and costs will be clearly disclosed before transactions occur.

7. Risk Disclaimer

  • Investing in collectibles carries certain risks, including but not limited to market fluctuations, illiquidity, and demand variations. Investors should be aware that the market for collectibles can be volatile, and there is no assurance of profitability or asset appreciation.
  • Alternative assets may take longer to sell compared to traditional stocks or bonds. Investors should consider their liquidity needs before committing capital, as immediate liquidation may not always be possible or could result in selling at a discount.
  • AltFolio does not provide financial or investment advice. Each investor has unique financial goals, risk tolerance, and investment strategies, and it is their responsibility to evaluate whether an investment aligns with their objectives before proceeding.

8. Refund and Withdrawal Policy

  • Investments are non-refundable once processed.
  • Users can sell their shares on the AltFolio marketplace but cannot request direct refunds.
  • If a full asset is liquidated, users will receive proceeds based on their share.

9. Security and Data Privacy

  • AltFolio prioritizes user security and uses encryption to protect financial transactions and personal data.
  • You consent to the collection and processing of your personal information in accordance with our Privacy Policy.
  • We do not sell or share user data with third parties without consent.

10. Platform Conduct and Prohibited Activities

You agree NOT to:

  • Engage in fraudulent transactions or misrepresent investments.
  • Attempt to hack, manipulate, or disrupt AltFolio's platform.
  • Use automated systems (e.g., bots, scrapers) without authorization.
  • Violate any local, national, or international laws while using the platform.

11. Termination of Account

  • AltFolio reserves the right to suspend accounts that violate these terms or engage in suspicious activities.
  • Users can close their account at any time, subject to outstanding investments and obligations.

12. Changes to Terms and Conditions

  • AltFolio may update these Terms and Conditions at any time.
  • Users will be notified of major changes via email or platform notifications.
  • Continued use of the platform after updates constitutes acceptance of new terms.

13. Governing Law and Dispute Resolution

  • These terms are governed by the laws of Bhopal, India.
  • In case of disputes, users agree to first attempt amicable resolution.
  • If unresolved, disputes will be handled through binding arbitration in Bhopal, India.

14. Contact Us

If you have any questions or concerns regarding these Terms and Conditions, please contact us using the form here