Terms of Submission

Terms of Submission for Ideasmarketplace

NOTE: The terms for submission should be in the feedback page. It should show up as a message that they tick before sending the report that states:

“I agree that giving feedback, reports or contributions will conform with Ideasmarketplace terms of submission of feedback, suggestions and ideas”.


The hyperlink above will redirect to the terms that contain the entire content below.



These Terms for Submission of Feedback, Suggestions, and Ideas ("Agreement") apply to you because you are asking Ideasmarket to consider feedback, a suggestion, or an idea.


As you might be aware, Ideasmarket has creative and technical staff dedicated to developing new and innovative Intellectual Property to facilitate the sales and transfer of various forms of Intellectual Property. Ideasmarket also works with several vendors and consultants, each of whom also conducts extensive research and development efforts on behalf of Ideasmarket. Therefore, it is always possible that an Ideasmarket employee or consultant is working on or has already developed the very suggestion or idea you would like to submit to Ideasmarket. It is also possible that Ideasmarket employees or consultants may later develop an idea similar or even identical to the one you submit to Ideasmarket, without having access to your submission, or that your idea has been or will be suggested by another submitter. It is also possible that your idea might already be disclosed in prior publications or might already be in public use.


Therefore, to avoid potential misunderstandings that could arise out of these situations, it is Ideasmarket's practice not to receive or consider any feedback, suggestions, ideas or other submissions on a confidential basis. In other words, Ideasmarket will not promise to keep anything you submit confidentially, nor will Ideasmarket promise to use your suggestion or idea, and Ideasmarket will not compensate you if it does use your suggestion or idea. These conditions govern all information contained in your submission, as well as any subsequent communications (written, electronic, or verbal) you may have with Ideasmarket.


These conditions are intended solely to protect Ideasmarket. Therefore, if you desire, consider consulting a lawyer before submitting your feedback, suggestion, or idea. If you do not agree to all of these terms, do not submit your feedback, suggestion, or idea.


You understand that by submitting your feedback, suggestion, or idea you are representing and warranting to Ideasmarket that you agree to and accept these terms. In particular, you represent to Ideasmarket that:

1.You are the owner of all right, title, and interest in the information (whether it be feedback, a suggestion, or an idea) that you desire to submit to Ideasmarket.

2.You have not relied on, and will not rely, on representations by any Ideasmarket employee that contradict the terms of this Agreement.

3.You are at least 18 years of age.


You understand and agree that:


1.This Agreement applies to your initial feedback, suggestion, or idea, and all other information you have provided or later provide to Ideasmarket, whether orally, electronically, in writing or the form of a physical object.

2.Ideasmarket is not obligated to keep confidential the information contained in your submission, or any information you present in later communications with Ideasmarket.

3.Ideasmarket is free to test, evaluate, use, and commercialize any ideas, suggestions, or information disclosed by you for any purpose whatsoever and without compensation to you.

4.You grant to Ideasmarket an irrevocable, perpetual, worldwide, non-exclusive, royalty-free, unrestricted license to use, copy, distribute, make, exploit, sell, offer for sale, practice, reproduce, modify, adapt, publish, translate, publicly perform, and publicly display, and authorize others to do so, all or any portion of your suggestion or idea in any manner whatsoever, in any medium now known or later developed, without paying or otherwise compensating you, without indicating that it is yours, and without having any obligation or liability to you or any other person or entity.

5.You do not have a confidential, fiduciary or other relationship with Ideasmarket, and no such relationship can arise in the absence of a written agreement signed by a duly authorized officer of Ideasmarket.

6.No Ideasmarket employee has authority to vary the terms of this Agreement except through a writing signed by a duly authorized officer of Ideasmarket.

7.Ideasmarket is in no way obligated to return to you any documents, items or other materials you provide to Ideasmarket.

8.Any disputes that arise between Ideasmarket and you regarding this Agreement or Ideasmarket's use of your submissions will be governed by the Laws of the Federal Republic of Nigeria (without regard to its conflict of law’s provisions), and venue for any actions shall be in Lagos.


Ideasmarket's consideration of your suggestion or idea, and any other information you may choose to disclose, is expressly conditioned on the representations and agreements you have made in this Agreement.