Hifiverse.io — Last updated: 29 April 2026 · Effective: first data-licensing deal (planned Year 2 Q1–Q2) · Version 1.0 (DRAFT — PRE-LAUNCH)
This document is a pre-launch draft. The final version will be published when the first data-licensing deal is signed. Until launch, no party is bound by these terms.
This Data Licensing Master Agreement ("DLMA") is the umbrella contract under which Timelapse Games EOOD ("Hifiverse") licenses data products to enterprise customers ("Licensee"). It is read together with one or more Order Forms that set out the specific data product, licence scope, pricing, term and any custom terms.
Where the DLMA conflicts with an executed Order Form, the Order Form prevails for the deal it governs.
2.1 Manufacturer Residual-Value Reports. Quarterly reports listing how each model in a brand's catalogue is holding value on the secondary market over time. For manufacturers selling on Hifiverse, these reports are included within the manufacturer seller subscription. For other licensees, they are quoted per Order Form. Includes a quarterly PDF, a CSV data feed and a dashboard view.
2.2 Insurance Data Licensing. A licensed feed of valuation data for use by specialty insurers and brokers writing cover on hi-fi collections. Updated weekly. Pricing typically €50,000–€500,000 per year. Offered to insurers regulated in their home jurisdiction.
2.3 Manufacturer category-trend analytics. Aggregated, anonymised category-level analytics for brand strategy and category management.
2.4 White-label dashboards. A reskinned dashboard surfacing Hifiverse data inside a partner's own customer portal.
2.5 Custom data feeds. Bespoke data extracts that fit a customer's specific use case.
We do not licence: personal data of users; individual-listing detail with seller identity; Authentication reports not made public by the customer; moderation and safety data; DAC7 or DSA Article 30 data.
3.1 Internal Use. Data may only be used inside the Licensee's own legal entity and any wholly-owned subsidiaries identified in the Order Form. The data may not be embedded in customer-facing products, redistributed, sold or sublicensed, or used to train a third-party machine-learning model. Data may be reproduced in internal reports, board packs and audit packs.
3.2 Single Application. Data may be embedded in one specific customer-facing product or service named in the Order Form, with attribution. The licence does not extend to other products of the Licensee, to affiliates' products, or to white-label resale. Data may be cached but must be refreshed at the cadence the Order Form requires.
3.3 Enterprise. Data may be used across multiple products and services within a defined corporate group, including derived works, subject to the Order Form. Where the Order Form contemplates onward redistribution to specific named third parties, redistribution is permitted only to those named third parties and only under flow-down terms substantially the same as this DLMA.
4.1 Term. Annual contracts by default. The Order Form may set a longer term (typically 24 or 36 months for Enterprise).
4.2 Renewal. Auto-renewal for successive 12-month periods unless either party gives 90 days' notice before the renewal date.
4.3 Pricing and payment. Set in the Order Form. Default payment method is Stripe Invoicing or wire transfer. Invoices are net 30 days unless otherwise agreed.
4.4 Price changes. At renewal we may update pricing; we give at least 90 days' notice.
4.5 Termination for cause. Either party may terminate immediately for material breach not cured within 30 days of written notice; insolvency; or failure to pay an undisputed invoice within 30 days of due date.
4.6 Termination for convenience. Either party may terminate without cause on 90 days' notice. Where the Licensee terminates without cause, prepaid fees are not refundable. Where Hifiverse terminates without cause, prepaid fees for the unused portion are refunded pro-rata.
4.7 Effects of termination. On termination: the licence ends; the Licensee stops surfacing the data in customer-facing products; the Licensee deletes raw data within 30 days (except records retained by law); accrued payment obligations survive.
Permitted: analytical and decision-support use; inclusion in internal models and customer-facing products as the Order Form permits; caching; citation in editorial or marketing materials with attribution.
Prohibited:
Where the Licensee surfaces Hifiverse data in a customer-facing product, the attribution is:
Data licensed from Hifiverse — hifiverse.io
The attribution must be visible to the end user, placed near the data it attributes, and linked to a Hifiverse landing page. For Internal-use deals, no external attribution is required.
The data is provided as is and as available. Hifiverse does not warrant the accuracy, completeness, currency or fitness of any data point for any specific use, valuation, decision or transaction. Valuations are advisory only.
The Licensee remains responsible for its own commercial decisions. Where the Licensee uses the data to set trade-in offers, insurance premiums or residual values, the Licensee makes those decisions.
Where the Licensee identifies a material error, Hifiverse will investigate and, where appropriate, issue a correction in the next regular update or earlier. Material historical errors affecting prior decisions by the Licensee are corrected retrospectively where technically practical.
Hifiverse may audit the Licensee's use of the data not more than once per 12-month period (more often if there is reasonable suspicion of breach). The Licensee may audit Hifiverse's compliance with data-protection and security obligations not more than once per 12-month period.
Hifiverse owns and retains all rights in the data, the methodology, the documentation, the SDKs and tooling. The Licensee receives only the licence rights set out in the DLMA and the Order Form.
The data products do not contain personal data of Hifiverse users. Where any personal data is exchanged (e.g., in white-label dashboards where the Licensee's end users authenticate against Hifiverse identity), a separate data-processing agreement under GDPR Article 28 applies.
Hifiverse maintains encryption in transit, access controls, audit logging and incident response. The Licensee maintains equivalent measures and notifies Hifiverse at info@hifiverse.io within 72 hours of becoming aware of a security incident affecting Hifiverse data.
Each party protects the other's confidential information with at least the same care as its own confidential information. The pricing and commercial terms of every Order Form are confidential.
12.1 No provision excludes liability that cannot lawfully be excluded (fraud, gross negligence, wilful misconduct, death or personal injury caused by negligence).
12.2 Cap. Subject to section 12.1, each party's aggregate liability in any 12-month period is limited to the fees actually paid by the Licensee in the 12 months preceding the event giving rise to the claim.
12.3 Carve-outs from the cap. Payment obligations; breach of the licence-scope rules; IP indemnification; confidentiality breach; unlimited-liability heads in section 12.1.
12.4 No consequential damages. Neither party is liable to the other for indirect, consequential, special, exemplary or punitive damages, lost profits or business interruption.
12.5 No reliance for valuation. The Licensee waives any claim against Hifiverse arising solely from the Licensee acting on a Hifiverse data point that turned out to differ from realised market price.
13.1 Hifiverse indemnifies the Licensee against third-party claims that the data, as delivered, infringes a third party's IP rights, subject to the cap in section 12.2.
13.2 The Licensee indemnifies Hifiverse against third-party claims arising from the Licensee's use of the data in breach of the DLMA or Order Form.
Bulgarian law. The exclusive forum is the Sofia City Court, Sofia, Bulgaria.
This document is published as a pre-launch draft. Data-licensing operations begin commercially only when the first Order Form is signed.