QuantumBit, Inc. (hereinafter referred to as the "Company") and the Media Company (hereinafter referred to as the "Media Company") agree to the following terms and conditions in order to faithfully fulfill their respective responsibilities and obligations in promoting the "QuantumBit, Inc. Business Partnership" (hereinafter referred to as the "Business") based on mutual trust.
Article 1 (Purpose)
The purpose of these terms and conditions is to enhance mutual benefits by stipulating the necessary cooperation matters and rights and obligations between the two parties when using the "Services" provided by the "Company" in the "Advertising Media" provided by the "Media Company".
Article 2 (Definitions)
The meanings of the terms used in these terms and conditions are as follows:
- 1. "Business" refers to the mobile marketing business that induces actions according to the advertiser's requirements through the "Advertising Media" provided by the "Company" and the "Media Company" respectively (such as installing an application, executing it after installation, performing a specific action after installation, and specific actions on the advertiser's webpage).
- 2. "Service" refers to the technology specifications provided by the "Company" to offer advertisements to the "Advertising Media" of the "Media Company", and includes the advertisement service where the "Company" and the "Media Company" share the "Advertising Revenue" generated through user actions such as ad clicks, and all related services.
- 3. "Media Company" refers to businesses or individuals (corporate businesses, individual businesses, individual developers) that have agreed to these terms and conditions by accessing the "Company's" website (https://adbc.co.kr/) and have entered into a usage contract with the "Company" to use the "Service" provided by the "Company".
- 4. "Advertising Media" refers to the services operated by the "Media Company".
- 5. "User" refers to those who encounter advertisements through the mobile services provided by the "Company" and the "Media Company".
Article 3 (Contents of the Service)
"Service" includes all possible mobile services that can be carried out in web and mobile environments, and is divided into rewarded and non-rewarded types. In the rewarded type, a certain reward (in-app currency) is provided to users who participate in the advertisements normally through the Media Company, while the non-rewarded type does not provide rewards to users.
The "Service" is classified as follows:
- 1. CPI: Cost Per Install - Marketing method settled based on the number of actual installs of mobile ads on the user's smartphone or Tablet PC with the user's consent.
- 2. CPE: Cost Per Engagement - Marketing method settled based on the number of users who executed the mobile ads installed on their smartphones or Tablet PCs with the user's consent.
- 3. CPA: Cost Per Action - Marketing method settled based on the number of users who performed the desired action on the mobile ad installed on their smartphones or Tablet PCs with the user's consent.
- 4. CPC: Cost Per Click - Marketing method settled based on the number of actual clicks on mobile ad banners on the user's PC web, smartphone, or Tablet PC.
- 5. CPV: Cost Per View - Marketing method settled based on the number of views of ad pages, stills, or videos on the user's PC web, smartphone, or Tablet PC with the user's consent.
- 6. Video Ads - Marketing method settled based on the number of users who watched the video ad or performed the desired action after watching it on the user's PC web, smartphone, or Tablet PC with the user's consent.
- 7. Other Services - Marketing methods settled based on the number of users who performed specific actions required by the advertiser other than the methods mentioned above.
Article 5 (Scope of Partnership)
The scope of the partnership between the "Company" and the "Media Company" under these terms and conditions includes the advertiser's PC web and mobile marketing fields. The specific scope of the partnership is as follows:
- 1. Joint marketing field of advertising services secured by the efforts of the "Company" and the "Media Company".
- 2. Other new marketing fields planned or agreed upon by the "Company" and the "Media Company".
Article 6 (Scope of the Company’s Responsibilities)
Under these terms and conditions, the "Company" performs the following tasks at its own expense, and tasks not defined in the following items will be conducted in consultation between the "Company" and the "Media Company":
- 1. SDK development, API integration documentation.
- 2. Other tasks agreed upon by both parties.
Article 7 (Scope of the Media Company’s Responsibilities)
Under these terms and conditions, the "Media Company" performs the following tasks at its own expense, and tasks not defined in the following items will be conducted in consultation between the "Company" and the "Media Company":
- 1. Integration / installation of the services provided by the "Company".
- 2. Handling customer VOC related to marketing performed by the "Media Company".
- 3. Other tasks agreed upon by both parties.
Article 8 (Common Responsibilities of the Company and the Media Company)
Under these terms and conditions, the "Company" and the "Media Company" jointly perform the following tasks at their own expense, and tasks not defined in the following items will be conducted in consultation between the "Company" and the "Media Company":
- 1. Both parties may share information for the activation of the "Business".
- 2. Both parties may proceed with tasks not defined in their respective tasks under these terms and conditions or tasks beyond the scope of these terms and conditions through separate consultation.
- 3. Both parties must consider the activation of the "Business" and the convenience of the "User" when performing the tasks defined in these terms and conditions.
If a written contract is necessary, these terms and conditions will be printed in duplicate, signed and sealed by both parties, and each will keep one copy.