Overview:

• Purpose: The Memorabilia Event allows celebrities to share their assets with fans by hosting events where unique items are auctioned to the highest bidder.
• Charitable Contribution: A percentage of the proceeds from each event will be donated to different charitable organizations as specified by the celebrity.

Participation:

• Eligibility: Participants must be registered and verified users of the Sbisiali app or sbisiali website to bid on or host Memorabilia Events.
• Bidding and Payment:
  • Bidding: Bidders acknowledge that they are placing a binding bid and commit to paying the bid amount if they win the auction.
  • Bidding Process: Users can participate by placing bids on memorabilia items during the specified event period.
  • Winning Bidder: The highest bidder at the end of the event period will be declared the winner and will be notified through the Sbisiali app or website.
  • Payment: The winning bidder agrees to pay the bid amount within the specified timeframe.

    Payment options will be provided through the Sbisiali platform.

  • Non-payment: Failure to complete the payment within the designated timeframe may result in the cancellation of the winning bid, and the item may be offered to the next highest bidder.

Hosting Events:

• Celebrities' Responsibilities: Celebrities hosting Memorabilia Events are responsible for providing accurate information about the item, setting starting bids, and specifying the charitable organizations benefiting from the event.
• Verification: Sbisiali reserves the right to verify the authenticity of the items featured in Memorabilia Events to ensure a genuine and transparent experience.
• Transparency: Sbisiali will provide transparent reports on the funds raised and the distribution to charitable organizations at a suitable time for Sbisiali management.

Responsible Use:

• Participants must engage in the Memorabilia Event feature responsibly and respect the rights and privacy of others.
• Prohibited Content: Events featuring illegal, harmful, or inappropriate content are strictly prohibited.

Liability:

• Sbisiali's Role: Sbisiali acts as a platform to facilitate Memorabilia Events and is not responsible for the authenticity, quality, or delivery of items.
• Indemnification: Users agree to indemnify and hold Sbisiali harmless from any claims or liabilities arising from their participation in Memorabilia Events.

Termination:

Sbisiali's Discretion: Sbisiali's Discretion: Sbisiali reserves the right to terminate or suspend access to the Memorabilia Event feature at its sole discretion, without notice, for any reason.