Legal

Terms of Service

Last updated 2026-10-06 · MIDAS Business Ecosystem

These Terms govern your access to and use of MIDAS Business Ecosystem - including midasbusiness.net, the MIDAS app at midasapp.net and the portals behind them (together, the "Platform") - operated by MIDAS Business Group S.L.. By creating an account or using the Platform you agree to these Terms.

1. Who we are

The Platform is operated by MIDAS Business Group S.L., a company registered in Spain (tax ID B13977913), with registered office at Calle Paraguay 36, 35109 El Tablero, San Bartolomé de Tirajana (Las Palmas), Spain ("MIDAS", "we", "us"). You can reach us at support@midasbusiness.net.

2. Acceptance & eligibility

By registering, accessing or using the Platform you confirm that you are at least 18 years old, have the legal capacity to enter into a contract, and accept these Terms together with our Privacy Policy, Cookie Policy and Refund & Cancellation Policy. If you use the Platform on behalf of a company, you represent that you are authorised to bind that company. Business membership is also subject to the quality standard in section 6.

3. Your account

• Explorer - free and open to everyone aged 18 or over. It is your personal account on MIDAS and the foundation for every other role.
• Representative, Business and Investor - by application or invitation. When we approve an application, the role is added to your existing account.

You are responsible for the accuracy of the information you provide, for keeping access to your e-mail and any password confidential, and for all activity under your account. Notify us immediately of any unauthorised use. We may refuse an application, and suspend or close accounts that breach these Terms or that we reasonably believe pose a risk to the Platform or other members.

4. Plans & billing

Explorer and Representative accounts are free. Business and Investor plans are paid subscriptions, billed in advance on a recurring basis (monthly or yearly) through our payment processor, Stripe. The current plans, prices and any usage-based fees are shown on our pricing page and at checkout before you pay, and may include applicable taxes (IGIC, IVA or VAT).

• Your subscription renews automatically at the end of each billing period until cancelled.
• You authorise us (via Stripe) to charge your payment method for each renewal at the then-current price.
• We may change prices with at least 30 days' notice; changes apply from your next billing period, and you may cancel before they take effect.
• Failed payments may lead to retries, downgrade or suspension of paid features.

Cancellations, refunds and the statutory right of withdrawal are described in our Refund & Cancellation Policy.

5. The MIDAS network - representatives, commissions & payouts

Members can earn commissions by introducing businesses and members to MIDAS, or through QR-based sales and Experiences. If you participate:

• There is no fee to join and nothing to buy to take part.
• Commissions are earned only on actual, settled purchases by paying businesses or guests that are attributed to you - never on recruiting alone - according to the rates shown in your portal, and are recorded in an auditable ledger.
• Earnings are not a salary, wage or guaranteed income. They depend entirely on real activity and may be zero.
• Payouts are made through Stripe Connect. To receive payouts you must complete Stripe's onboarding and identity/KYC verification and provide a valid bank account. We may withhold, delay, adjust, reverse or claw back amounts to correct errors, refunds, chargebacks, fraud or breaches of these Terms.
• You are solely responsible for declaring and paying any taxes and social-security contributions arising from amounts you receive.
• Nothing in these Terms creates an employment, partnership or agency relationship between you and MIDAS.

6. Reputation & standards - the 3.5 rule

MIDAS is a curated, reputation-based business network. Businesses represent one another and the MIDAS brand, so admission and continued membership of businesses are conditioned on verifiable service quality.

• Minimum standard (3.5). A business must maintain a minimum average public rating of 3.5 out of 5 across the review platforms we assess - which may include Google, TripAdvisor and comparable services. Where a business appears on several platforms, we may combine those scores into a single weighted average.
• Newly established businesses. If no meaningful public rating yet exists, we may admit you provisionally and review your standing once sufficient ratings become available.
• Ongoing assessment. We periodically assess publicly available ratings and reviews relating to your business. We assess only information that is lawfully and publicly accessible; we never ask for the login credentials of any third-party platform.
• Falling below the standard, or abuse. If your average rating falls and stays below 3.5, or if we identify abuse, fraud, misrepresentation, or conduct that harms members or the MIDAS brand, we may suspend or remove you. Where circumstances reasonably allow, we will give you notice and a fair opportunity to address the issue first; serious cases may result in immediate removal.
• Human review. A decision to suspend or remove a member is taken under human review and is not made solely by automated means.

Thresholds and the sources we assess may evolve as the network grows; any material change will be notified under section 20. If we suspend or remove you, you will not lose your work - see section 18.

7. Marketplace & dealings with third parties

The Platform connects members, businesses, operators and investors and may surface listings, deals, services and Experiences offered by third parties. Unless expressly stated, MIDAS acts as an intermediary and is not a party to agreements you enter into with other members or third parties. We do not guarantee the quality, legality, safety or accuracy of third-party offerings. You transact with others at your own risk and should carry out your own due diligence.

8. Bookings, vouchers, VIP cards & tickets

• Vouchers, VIP cards and tickets in your MIDAS wallet are issued by the venue or business named on them. That business is responsible for honouring them and for the products and services behind them.
• Each pass shows its own conditions and validity. Vouchers are single-use unless stated otherwise; VIP cards can be used on every visit while they are valid. Passes are personal and may not be sold or transferred unless the issuer allows it.
• Passes are redeemed when the venue scans the code. A business may refuse a pass that is expired, already used, or presented in breach of its conditions.
• Table bookings are made with the venue. Its own cancellation and no-show rules apply and are shown when you book.

9. Your content & community rules

You can publish posts, reels, stories, photos, videos, files, comments, dating profiles and messages ("content"). You keep ownership of your content and grant us a non-exclusive, worldwide, royalty-free licence to host, display and distribute it on the Platform for as long as it is published, and to the audience you chose. You confirm that you have the right to publish it, including the consent of people who appear in it.

You may not publish content that:

• is illegal, or promotes violence, terrorism, hatred or discrimination;
• is sexually explicit, or involves or sexualises anyone under 18;
• harasses, threatens, bullies or impersonates others, or shares their private information without consent;
• infringes intellectual-property or image rights;
• is spam, a scam, misleading advertising or an unauthorised commercial offer.

Reporting and moderation. You can report any post, comment, profile or message in the app. We review reports, may remove content or restrict accounts that break these rules, and tell the people affected why, with a way to ask for the decision to be reviewed, as required by the EU Digital Services Act. Repeated or serious breaches lead to account closure. Notices about illegal content can also be sent to support@midasbusiness.net.

10. Dating

• Dating is for adults aged 18 or over who are looking to meet people in good faith. Your profile must be you - real photos, real age.
• Treat everyone with respect. Unwanted sexual messages, pressure, harassment and offers of paid sexual services are not allowed.
• Swing is only for consenting adults, and consent from everyone involved is required at every step. What is shared in Swing stays in Swing - no screenshots and no sharing outside it.
• Meet in public places first and tell someone you trust where you are going. MIDAS does not run background checks and is not responsible for the conduct of other members, on or off the Platform. Report anything that feels wrong.

11. Online casino

Real-money games and sports betting shown in MIDAS are provided by a licensed third-party operator under its own gaming licence and its own terms, which you accept before you play. MIDAS itself does not take bets or hold player funds. Games shown without an operator account are demonstrations without real money. Gambling is only for adults aged 18 or over, and only where it is legal for you. Play responsibly; help is available at jugarbien.es.

12. Acceptable use

You agree not to:

• use the Platform for unlawful, fraudulent, misleading or harmful purposes;
• infringe others' intellectual-property, privacy or other rights;
• upload malware, attempt to gain unauthorised access, scrape, reverse-engineer or disrupt the Platform;
• misrepresent your identity, attribution codes, reviews, ratings or earnings; or
• circumvent fees, attribution, KYC or any security measure.

13. Intellectual property

The Platform, the MIDAS name and logo, and all associated software, design and content are owned by MIDAS or its licensors and are protected by law. We grant you a limited, non-exclusive, non-transferable, revocable licence to use the Platform for its intended purpose.

14. Third-party services

The Platform integrates third-party services (including Supabase, Vercel and Stripe, and optional integrations you connect). Your use of those services may be subject to their own terms and privacy policies. We are not responsible for third-party services outside our control.

15. Disclaimers

The Platform is provided "as is" and "as available". To the fullest extent permitted by law, we disclaim all warranties, express or implied, including fitness for a particular purpose and non-infringement. We do not warrant that the Platform will be uninterrupted, error-free or secure. Nothing on the Platform - including AI advisors, MIDAS Ascent coaching and investor information - constitutes financial, investment, legal, tax or medical advice.

16. Limitation of liability

To the fullest extent permitted by law, MIDAS shall not be liable for indirect, incidental, special, consequential or punitive damages, or for loss of profits, revenue, data or goodwill. Our total aggregate liability arising out of or relating to the Platform shall not exceed the amounts you paid to us in the twelve (12) months preceding the event giving rise to the claim. Nothing limits liability that cannot be limited under applicable law (including your mandatory rights as a consumer).

17. Indemnity

You agree to indemnify and hold MIDAS harmless from claims, losses and expenses arising from your breach of these Terms, your content, or your unlawful use of the Platform.

18. Suspension, termination & your data

You may close your account at any time, and cancel paid subscriptions as described in the Refund & Cancellation Policy. We may suspend or terminate access if you breach these Terms, if a business falls below the standard in section 6, if required by law, or to protect the Platform or its members. On termination, licences granted to you end; provisions that by their nature should survive (including sections 5, 6, 9, 13, 15-17 and 19) will survive.

You keep your work. If we suspend or close your account, you will not be locked out of what is yours. On request - and except where we are legally prevented - we will package the personal data and business content associated with your account into a downloadable, machine-readable export. This reflects your right to data portability under the GDPR (see our Privacy Policy). We may retain certain records where the law requires it - in particular accounting and tax records.

19. Governing law & disputes

These Terms are governed by the laws of Spain, without prejudice to the mandatory consumer-protection rights of your country of residence in the EU. Disputes shall be subject to the competent courts of Spain, unless mandatory law provides otherwise. EU consumers may also use the European Commission's Online Dispute Resolution platform at ec.europa.eu/consumers/odr.

20. Changes & contact

We may update these Terms from time to time. Material changes will be notified through the Platform or by e-mail at least 30 days before they take effect; the "last updated" date reflects the current version. Continued use after changes take effect constitutes acceptance. Questions: support@midasbusiness.net.

Questions about this document? Contact us at support@midasbusiness.net.