The terms on which K1 is provided.
In one paragraph. K1 provides the platform; you and your project partners own the evidence you put on it. Use it honestly and lawfully, keep your credentials to yourself, and treat data-room materials as confidential. The service is provided as-is during its pre-release period. New Jersey law applies.
1. The agreement
These terms are between you and Kunstruction1 K1 LLC (“K1”), Cranford, New Jersey, and govern your use of the K1 platform at k1.construction and its subdomains, the K1 applications, the WhatsApp capture channel, and the investor data room (together, the “Service”). By using the Service you accept them. Where a customer organization has a signed agreement with K1, that agreement prevails over these terms for that organization.
2. Accounts
Accounts are created by invitation from K1 or from a project administrator, and each is personal to a named individual. You set your own password and are responsible for keeping it, and any invitation or access link sent to you, confidential. Tell us at once if you believe your account has been used without your authority. Because every record is attributed to a named person, accounts must not be shared.
3. Your content and evidence
You and your project partners retain all rights in the photos, documents, observations, and other content you submit (“Content”). You grant K1 the licence needed to store, process, hash, display, and export that Content in order to provide the Service to the project. You are responsible for having the right to submit Content, including any consent required to capture images of people or property.
Sealed records are designed not to change. Corrections are made by appending new records that reference the original; K1 will not edit or delete a sealed record at a single party’s request, because its value to every party depends on that. Project data may be exported at any time as a verifiable evidence package.
4. Acceptable use
- Do not submit Content you know to be false, or attempt to misattribute a capture to another person.
- Do not attempt to alter, forge, or circumvent hashes, seals, validation gates, or access controls.
- Do not access another project’s or organization’s data, or probe the Service for weaknesses.
- Do not use the Service to violate any law, contract, or third-party right.
5. Investor data room
Access to the data room is personal, by invitation, and conditional on the confidentiality acknowledgment shown at first entry. Materials in it are confidential to K1, are provided solely to evaluate a potential investment or partnership, and must not be copied, downloaded, forwarded, or disclosed without K1’s written consent. Access is logged and attributable and may be withdrawn at any time. These obligations survive the end of access.
6. AI-assisted features
The Service may use AI to read documents, tag photos, and draft summaries. Such output is a suggestion, is marked as pending until a named person confirms it, and never validates, seals, or authorizes anything by itself. You are responsible for reviewing it before relying on it.
7. Pre-release service
The Service is in a pre-release period, offered to pilot customers and evaluators. Features may change, and we may suspend or modify the Service to protect it or its users. We will give reasonable notice of material changes and support export of your data if the Service is discontinued.
8. Fees
Fees, where they apply, are set out in the customer’s agreement or on the pricing page. Field capture seats are free. Pilot use is free unless agreed otherwise.
9. Intellectual property
The Service, its software, designs, and documentation are K1’s, and are protected by copyright, trade secret, and pending patent rights. Nothing in these terms transfers those rights. Feedback you give us may be used to improve the Service without obligation to you.
10. Warranties and liability
The Service is provided “as is” and “as available”, without warranty of any kind, express or implied, including fitness for a particular purpose. K1 does not warrant that the Service will be uninterrupted or error-free, or that any record will be accepted by any third party, court, or agency. To the fullest extent permitted by law, K1’s total liability arising out of the Service in any twelve-month period is limited to the fees you paid K1 in that period (or one hundred U.S. dollars if none), and K1 is not liable for indirect, incidental, consequential, or punitive damages, or for lost profits, data, or business.
11. Termination
You may stop using the Service at any time. K1 may suspend or terminate access for breach of these terms or to protect the Service or its users. Sections 3, 5, 9, 10, and 12 survive termination.
12. Governing law
These terms are governed by the laws of the State of New Jersey, without regard to its conflict-of-laws rules, and disputes are subject to the state and federal courts located in New Jersey.
13. Changes and contact
We may update these terms by posting a new version here with a new effective date; material changes will be notified to account holders by email. Questions: info@k1.construction.