Terms & Conditions

These Terms of Use ("Terms") govern your access to and use of our website, Art Collector IQ (the "Website"), and all associated content, functionality, and services (collectively, the "Services") offered on or through the Website. The Services are operated by CanvasArtTech OÜ ("Company," "We," "Us," "Our"), registered in Tallinn, Estonia.

By accessing or using the Website, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use our Services.

1. Our Services

Art Collector IQ provides subscription-based services offering proprietary newsletter reports, various art market data tools, and AI-powered advisory services. Our Services are designed for informational and educational purposes only and are not, under any circumstances, to be considered financial or investment advice.

  • Premium Plan (€25/month, 14-day free trial): Provides in-depth auction reports from top auction houses, market insights, analysis of top-performing artists, and guidance on art acquisitions, focusing on provenance and historical significance.
  • Premium Plus Plan (€90/month, 3-day free trial): Includes all Premium features, plus unlimited access to our artist and auction dashboards, detailed auction data, trend analysis, and access to our specialized AI-powered services: the Artwork Valuation Service and the Auction Advisor Service. This plan offers a comprehensive suite of tools for in-depth market analysis.

2. The Role of Artificial Intelligence (AI)

You acknowledge and agree that core features of our Services, particularly the Artwork Valuation Service and the Auction Advisor Service, are powered by artificial intelligence (AI) and machine learning algorithms. The outputs from these services (such as valuations, reports, and recommendations) are generated automatically based on vast datasets.

Key characteristics of our AI-powered services:

  • Data-Driven: The analysis is based on historical auction data and the information you provide. The quality of the output is directly dependent on the quality and completeness of the input.
  • Probabilistic, Not Definitive: AI-generated results are based on statistical probabilities and pattern recognition, not on human expert opinion or physical inspection. They represent an estimate or a suggestion, not a statement of fact or a guarantee of any outcome.
  • Potential for Inaccuracies: Like any complex software, the AI may produce unexpected or inaccurate results. You are responsible for independently verifying any information you rely on.

3. Intellectual Property Rights

All content provided through the Services, including all text, graphics, logos, reports, data, and software, is the exclusive property of CanvasArtTech OÜ or its licensors. We grant you a limited, non-exclusive, non-transferable license to access and use the Services for your personal, non-commercial purposes, subject to these Terms.

You may not reproduce, distribute, modify, create derivative works of, publicly display, republish, download, store, or transmit any material from our Services, except for temporary copies in RAM incidental to viewing, or one printed copy for your personal, non-commercial use. Any other use is a breach of these Terms and may violate copyright and other laws.

4. Prohibited Uses

You may use the Website only for lawful purposes and in accordance with these Terms. You agree not to use the Website in any way that violates any applicable law, to engage in any conduct that restricts or inhibits anyone's use or enjoyment of the Website, or which, as determined by us, may harm the Company or users of the Website.

5. No Reliance on Information

The information presented on or through the Website is made available solely for general informational and educational purposes. We do not warrant the accuracy, completeness, or usefulness of this information, especially information generated by our AI models. Any reliance you place on such information is strictly at your own risk. We disclaim all liability and responsibility arising from any reliance placed on such materials by you or any other visitor to the Website.

6. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT SHALL CANVASARTTECH OÜ, ITS AFFILIATES, OFFICERS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES (INCLUDING, WITHOUT LIMITATION, DAMAGES FOR LOST PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE LOSSES) ARISING OUT OF OR IN CONNECTION WITH YOUR ACCESS TO, USE OF, OR INABILITY TO USE THE SERVICES.

OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ANY AND ALL CLAIMS ARISING FROM THE USE OF THE SERVICES, REGARDLESS OF THE FORM OF ACTION, IS STRICTLY LIMITED TO THE TOTAL AMOUNT OF FEES YOU PAID TO US FOR YOUR SUBSCRIPTION FOR THE MONTH IN WHICH THE CLAIM AROSE.

This limitation of liability is a fundamental element of the basis of the bargain between you and CanvasArtTech OÜ.

7. Specific Terms for AI-Powered Services

Your use of the Artwork Valuation Service and the Auction Advisor Service is subject to the general Terms above and the following specific conditions.

A. Artwork Valuation Service

  1. AI-Generated Estimate: The valuation provided is an AI-generated estimate of an artwork's potential hammer price at auction, based on comparable sales from select auction houses (Phillips, Sotheby’s, Christie’s) and the images and information you provide. It is an opinion, not an appraisal or a guarantee of value.
  2. Your Responsibility: The accuracy of the valuation depends entirely on the accuracy and completeness of the information you provide (e.g., description, condition, provenance). You are responsible for confirming the values and comparable works presented in the report.
  3. Disclaimer of Warranty: We provide no guarantee or warranty regarding the authenticity, origin, age, or condition of the Artwork. The valuation is provided "as is" without physical inspection.
  4. Limited Use: The Valuation Report is for your personal, informational use only and may not be used for any official purpose (e.g., insurance, legal proceedings, collateral).

B. Auction Advisor Service (New Section)

  1. AI-Generated Advice: The Auction Advisor service provides AI-generated analysis, insights, and strategic suggestions related to artworks appearing in upcoming auctions. This advice is based on historical data, market trends, and the specific characteristics of the artwork.
  2. Not a Bidding Agent: Art Collector IQ is not your agent and is not a party to any auction transaction. Our advice does not constitute a recommendation to bid, a guarantee of winning a lot, or a promise of future appreciation in value.
  3. YOUR RESPONSIBILITY TO VERIFY AUCTION HOUSE TERMS: It is your sole and absolute responsibility to obtain, read, and understand the terms and conditions, conditions of sale, buyer's premium, taxes, and all other relevant rules and policies of the specific auction house where you intend to bid. Art Collector IQ has no affiliation with these auction houses and bears no responsibility for their terms or your compliance with them.
  4. Assumption of Risk: You assume all risks associated with participating in an auction. Decisions on whether to bid, how much to bid, and on which lots are yours alone. You agree to conduct your own due diligence before making any bidding or purchasing decision.
  5. Disclaimer: The advice is generated without human expert review or physical inspection of the artwork. It is provided for educational purposes to supplement your own research.

8. Indemnification

You agree to defend, indemnify, and hold harmless CanvasArtTech OÜ, its affiliates, licensors, and service providers from and against any claims, liabilities, damages, judgments, awards, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising out of or relating to your violation of these Terms or your use of the Services, including your use of any AI-generated content.

9. Governing Law and Jurisdiction

These Terms are governed by the laws of the Republic of Estonia. All disputes arising from or relating to these Terms or the Services shall be resolved exclusively by the Harju County Court in Tallinn, Estonia.

10. Amendments

We reserve the right to amend these Terms at any time by posting the revised version on the Website. All changes are effective immediately when we post them. Your continued use of the Website following the posting of revised Terms means that you accept and agree to the changes.

11. Cancellation and Refunds

  • Subscriptions can be canceled at any time.
  • Premium Plan: You may request a full refund within 14 days of the initial purchase date, provided you have not downloaded or extensively accessed paid content.
  • Premium Plus Plan: Due to the high-value data and immediate access to AI services, you may request a full refund within 24 hours of the initial purchase, provided the AI services have not been used.
  • Refunds are not typically provided for accessed or downloaded content, but exceptions may be made at our sole discretion. To request a cancellation or refund, contact our customer service team.

12. Contact Information

This website is operated by CanvasArtTech OÜ, located at Tornimäe tn 5, Kesklinna linnaosa, Tallinn, Harju maakond, 10145, Estonia.

For all feedback, comments, and other communications relating to the Website, please contact us at: info@artcollectoriq.com.