Effective 24 September 2026.
These terms govern your use of peelbid. Please read them in full. If anything is unclear, write to hello@peelbid.com.
1.1peelbid (“peelbid”, “we”, “us”) operates a marketplace at peelbid.com where owners offer advertising space on objects they own and brands bid to place artwork on that space. Payments settle in USDC through smart contracts on public blockchains.
1.2We operate the marketplace and act as arbiter as set out in section 10. We are not a party to the agreement between an owner and a brand. We do not own the objects, and we do not print or apply anything.
1.3By joining the waitlist, creating an account, listing, bidding or funding a campaign, you accept these terms.
3.1You must be at least 18 years old and able to enter into a binding contract.
3.2You sign in with a code sent to your email or through a connected account. A wallet may be created for you. You are responsible for your account and for any wallet you use. We cannot reverse a transaction you sign.
3.3During early access, listing, bidding, opening Auctions, posting briefs and applying to them are available to invited accounts only.
4.1Early access opens in waves. We decide who is invited and when. A position on the leaderboard informs that decision but does not bind it.
4.2Peels are promotional points. They cannot be bought, sold or transferred, have no monetary value, and are not a token, security or investment.
4.3Quests are described on the Pass page. A post submitted for a weekly quest must be your own, published from the X account connected to your Pass, in the week for which it is submitted.
4.4We may withhold or remove Peels earned by posts that are deleted, copied, automated, misleading or without substance, and Peels obtained by any attempt to game the programme, including through multiple accounts.
4.5Any benefit described for Pass holders beyond early access, including any share of protocol fees, is discretionary and subject to applicable law. It is not a right unless we confirm it to you in writing.
5.1You confirm that the object is yours, or that you have permission to advertise on it. Leased vehicles, company equipment and shared property usually require someone else’s permission. Obtaining it is your responsibility.
5.2You print and apply the artwork at your own cost. Use material suitable for the surface and for the full length of the Campaign. Before printing, obtain written confirmation from your printer that the material is removable and safe for that surface. Damage to your property is at your own risk.
5.3Local rules are your responsibility, including advertising tax and permits, which commonly apply to vehicles.
5.4Your Listing must be accurate, including the object, the Panel sizes and where the object is used.
6.1The following are not carried, and are removed without notice:
6.2Crypto brands are permitted: an exchange, a wallet, a protocol or a conference, for example. Token sales and promises of return are not. No calls to buy a token, no percentages, no price predictions, and nothing that reads as an investment solicitation.
7.1An Owner opens bidding on a Panel for a fixed period. Bidding runs on the auction contract and the highest monthly rate leads. A Bid placed in the last 15 minutes extends the Auction by 15 minutes.
7.2Each Bid locks a Deposit of 10% of the Bid, and not less than 10 USDC. If you are outbid, your Deposit becomes available for you to withdraw at any time.
7.3When bidding ends, the Owner has 7 days to approve or decline the leading Bid and need not give a reason. If the Owner does neither, the Auction closes and the leading bidder’s Deposit is returned.
7.4A Bid is a commitment. If your Bid is approved, you must pay the balance within 48 hours. If you do not, your Deposit is paid to the Owner and the Campaign does not start.
7.5You warrant that you own, or are licensed to use, everything in your artwork, including logos, images, typefaces and text. The artwork’s fingerprint is recorded on-chain with your Bid.
8.1Paying the balance creates and funds the Campaign in the escrow contract in a single transaction. Funds are held by the contract, not by us.
8.2The Owner must apply the placement and submit a first Proof within 14 days of funding. If the Owner does not, the Brand may reclaim the full amount.
8.3Funds are released in Instalments, each against a Proof. Proofs are reviewed, and their fingerprints are recorded on-chain.
8.4The Brand has 7 days after each Proof to dispute that Instalment. If it does not, the Instalment may be released by anyone, including the Owner directly through the contract, without depending on us.
8.5If a Proof is not submitted when due, the Brand may reclaim that Instalment.
8.6Once the placement has started, the Brand may request a Spot check no more than once every 30 days. The Owner has 48 hours to respond. A missed Spot check is recorded and may be considered in a dispute.
9.1Our fee is 8% of each amount paid to the Owner, deducted before it reaches the Owner. No fee is taken from any amount returned to a Brand.
9.2Network fees are paid by whoever sends a transaction. We may cover a first transaction for a new Owner at our discretion.
10.1A dispute freezes only the disputed Instalment. The rest of the Campaign continues.
10.2As Arbiter, we may: (a) release a frozen Instalment to the Owner; (b) return it to the Brand; (c) divide it between them; or (d) terminate the Campaign, returning every amount not yet released to the Brand. Amounts already released are final.
10.3Each decision states its reasons and the name of the person who made it, and is shared with both parties when it takes effect.
10.4We decide in good faith on the evidence available, including Proofs and Spot checks. We are not a court, and either party may pursue its rights through the courts. To the extent permitted by law, we are not liable for the outcome of a decision.
10.5On mainnet, a decision takes effect only with the approval of two of three keys held by us.
11.1We may remove a Listing, refuse a Bid, or suspend or close an account where these terms are breached or someone is at risk of harm. We will give our reasons.
11.2We may pause the contracts in an emergency. While they are paused, releases and new activity may be delayed.
11.3We cannot reverse a released Instalment, and we cannot move funds held in escrow other than through the powers in section 10.
12.1The contracts have not been independently audited. For that reason, Campaign sizes are limited in code to 500 USDC per Campaign and 5,000 USDC across the platform. These limits are constants and cannot be raised without deploying new contracts.
12.2Blockchain transactions are public, permanent and irreversible. Networks, wallets and stablecoins carry risks outside our control, including outages, defects, and changes in the value or availability of USDC.
13.1A Brand grants the Owner a licence to reproduce the artwork on the Panel for the Campaign, and grants us a licence to display it for the purpose of operating the marketplace. Publicly, we show bid history without artwork.
13.2If a third party claims rights in any artwork, we will refer them to the Brand.
14.1The service is provided as it is. We do not guarantee that a Listing will receive Bids, that a Brand will pay, or that a placement will perform.
14.2To the extent permitted by law, we are not liable for indirect or consequential loss, or for loss arising from transactions you sign, the conduct of other users, or the operation of blockchains and third-party services.
15.1peelbid is operated from Türkiye and these terms are governed by Turkish law. This will change when a company is formed, and we will update this section before it does.
16.1We may update these terms. Material changes will be posted on this page and emailed to account holders. Changes do not apply retroactively to a Campaign already funded.
hello@peelbid.com. A person reads every message. See also the Privacy Policy.
