1. Acceptance of Terms
1.1. Binding agreement: By creating an account, connecting a wallet, or otherwise accessing the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and all applicable laws and regulations. 1.2. Modification of terms: We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on the Platform and updating the “Last Updated” date. Your continued use of the Platform after such modifications constitutes your acceptance of the updated Terms. 1.3. Additional policies: Your use of the Platform is also subject to our Verified Markets Policy, Market Resolution Policy, and Privacy Policy, which are incorporated into these Terms by reference.2. Eligibility
2.1. Age requirement: You must be at least 18 years of age (or the age of majority in your jurisdiction, whichever is greater) to use the Platform. By using the Platform, you represent and warrant that you meet this age requirement. 2.2. Jurisdictional restrictions: The Platform is not available to users located in, residents of, or citizens of jurisdictions where prediction markets, blockchain-based trading, or cryptocurrency transactions are prohibited or restricted by law. 2.3. Compliance with local laws: You are solely responsible for ensuring that your use of the Platform complies with all applicable laws, regulations, and rules in your jurisdiction. We make no representation that the Platform is appropriate or available for use in all locations.3. Account registration and security
3.1. Account creation: To use certain features of the Platform, you must create an account with the option to connect a compatible crypto wallet. You agree to provide accurate, current, and complete information during registration. 3.2. Account security: You are solely responsible for:- Maintaining the confidentiality of your account credentials and private keys
- All activities that occur under your account
- Implementing reasonable security measures to protect your wallet and funds
- Immediately notifying us of any unauthorized access or security breach
- You violate these Terms or any applicable policy
- We suspect fraudulent, abusive, or illegal activity
- Required by law or legal process
- Necessary to protect the integrity of the Platform
4. Platform description and non-custodial nature
4.1. Platform overview: blastmarket.io is a permissionless prediction market platform that allows users to trade on future events and create markets. The Platform operates using blockchain technology and smart contracts. 4.2. Non-custodial service: blastmarket.io is a non-custodial platform. We do not hold, custody, or control user funds at any time. All transactions are executed through smart contracts on the blockchain, and you maintain full control and responsibility for your cryptocurrency assets. 4.3. No investment advice: The Platform does not provide investment, financial, legal, or tax advice. All information provided is for informational purposes only. You should consult with qualified professionals before making any financial decisions. 4.4. No guarantee of availability: We do not guarantee that the Platform will be available at all times or free from errors, interruptions, or security vulnerabilities. We reserve the right to modify, suspend, or discontinue any aspect of the Platform at any time without prior notice.5. Trading and market participation
5.1. Trading mechanism: Users can purchaseYES or NO positions representing outcomes of future events. The Platform acts as the counterparty to all trades, providing liquidity through a platform-liquidity model.
5.2. Understanding risks: You acknowledge and accept that:
- Trading on prediction markets involves significant financial risk
- You may lose your entire stake
- Market prices are volatile and can change rapidly
- Past performance does not guarantee future results
- Resolution outcomes are based on objective data sources but may be subject to interpretation or error
- The accuracy of market prices or odds
- The outcome of any market
- The profitability of any trading strategy
- The availability of liquidity for any market
6. Market creation
6.1. Creator responsibilities: When creating a market, you represent and warrant that:- The market question is clear, objective, and verifiable
- You have identified an appropriate and reliable data source for resolution
- The market does not violate any applicable law or these Terms
- You will not manipulate or attempt to influence the market outcome
- Violates our Verified Markets Policy
- Is ambiguous, subjective, or unverifiable
- Poses manipulation risks
- Relates to illegal activities or violates applicable laws
7. Market resolution and disputes
7.1. Resolution process: Markets are resolved according to the resolution criteria and data sources specified at market creation, in accordance with our Market Resolution Policy. 7.2. Oracle-based resolution: Resolution is executed using blockchain oracles (for Tier 2 markets) or verified public data sources (for Tier 3 markets). You agree to accept the outcome as determined by these sources. 7.3. Dispute mechanism: Users may dispute market resolutions within 24 hours if they believe the resolution is incorrect. Disputes require a fee of $25 USDC and must include supporting evidence. Dispute decisions are final and binding. 7.4. Resolution finality: Once the dispute window closes or a dispute is resolved, the market resolution is final and irreversible. We are not liable for any losses resulting from market resolutions, even if later proven to be incorrect. 7.5. Voided markets: We reserve the right to void any market and refund all positions at purchase price if:- The market is found to have ambiguous or unresolved criteria
- The data source is compromised or unavailable
- The market violates applicable laws
- Resolution cannot be fairly determined
8. Fees and payments
8.1. Trading fees: The Platform charges fees on certain transactions, which are disclosed prior to execution. Fee structures may be updated from time to time at our discretion. 8.2. Creator fees: Market creators earn 1% of total trading volume, distributed after resolution and dispute window completion. 8.3. Network fees: You are responsible for all blockchain network fees (gas fees) associated with your transactions. These fees are paid directly to the blockchain network, not to the Platform. 8.4. No refunds: All trades and fees are final. We do not provide refunds except in cases of voided markets or successful dispute resolutions. 8.5. Crypto only: All transactions on the Platform are denominated and settled in cryptocurrency (USDC or other supported tokens). We do not accept fiat currency.9. Prohibited activities
You agree not to: 9.1. Market manipulation: Engage in any form of market manipulation, including:- Wash trading or self-dealing
- Coordinating with others to manipulate prices
- Creating markets you intend to manipulate
- Exploiting inside information
- Providing false information during account creation
- Creating markets with intentionally misleading resolution criteria
- Misrepresenting your identity or affiliations
- Attempting to circumvent security measures
- Exploiting bugs, vulnerabilities, or errors for profit
- Creating multiple accounts
- Conducting denial-of-service attacks
- Money laundering
- Terrorist financing
- Tax evasion
- Gambling in prohibited jurisdictions
10. Intellectual property rights
10.1. Platform Ownership: All content, features, and functionality of the Platform, including but not limited to text, graphics, logos, icons, images, audio clips, data compilations, software, and the compilation thereof (collectively, “Platform Content”), are the exclusive property of the Platform or its licensors and are protected by copyright, trademark, patent, trade secret, and other intellectual property laws. 10.2. Limited license: Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Platform for personal, non-commercial purposes. 10.3. Restrictions: You may not:- Modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any Platform Content
- Reverse engineer, decompile, or disassemble any software or smart contracts used in connection with the Platform
- Remove, alter, or obscure any copyright, trademark, or other proprietary notices
11. Privacy and data protection
11.1. Privacy policy: Your use of the Platform is subject to our Privacy Policy, which describes how we collect, use, and protect your personal information. 11.2. Data collection: By using the Platform, you consent to the collection, use, and disclosure of your information as described in our Privacy Policy. 11.3. Blockchain transparency: You acknowledge that all blockchain transactions are publicly visible and permanent. Information recorded on the blockchain, including wallet addresses and transaction history, cannot be deleted or modified. 11.4. Analytics: We may use third-party analytics services to collect and analyze usage data to improve the Platform.12. Third-party services and links
12.1. Third-party services: The Platform may integrate with or rely on third-party services, including blockchain networks, oracles, wallet providers, and data sources. We are not responsible for the availability, accuracy, or performance of these third-party services. 12.2. External links: The Platform may contain links to third-party websites or resources. We do not endorse and are not responsible for the content, products, or services offered by third parties. 12.3. Smart contracts: The Platform uses smart contracts deployed on blockchain networks. You acknowledge that smart contracts are immutable once deployed and may contain bugs or vulnerabilities. 12.4. Oracle reliance: Market resolutions depend on data provided by blockchain oracles and third-party data sources. We are not responsible for inaccuracies, delays, or failures in oracle data.13. Disclaimers and limitations of liability
13.1. AS-IS BASIS: THE PLATFORM IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR COURSE OF PERFORMANCE. 13.2. NO WARRANTY: WE DO NOT WARRANT THAT:- THE PLATFORM WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE
- DEFECTS WILL BE CORRECTED
- THE PLATFORM OR SERVERS ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS
- RESULTS OBTAINED FROM USE OF THE PLATFORM WILL BE ACCURATE OR RELIABLE
- ANY SMART CONTRACTS ARE FREE FROM BUGS OR VULNERABILITIES
- CRYPTO AND BLOCKCHAIN TECHNOLOGY
- PREDICTION MARKET TRADING
- SMART CONTRACT VULNERABILITIES
- MARKET VOLATILITY AND PRICE FLUCTUATIONS
- POTENTIAL LOSS OF FUNDS DUE TO TECHNICAL FAILURES, HACKS, OR USER ERROR
- ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES
- LOSS OF PROFITS, REVENUE, DATA, OR USE
- LOSS OF CRYPTO OR DIGITAL ASSETS
- DAMAGES RESULTING FROM UNAUTHORIZED ACCESS TO YOUR ACCOUNT OR WALLET
- DAMAGES ARISING FROM THIRD-PARTY SERVICES, ORACLES, OR BLOCKCHAIN NETWORKS
14. Indemnification
You agree to indemnify, defend, and hold harmless blastmarket.io, its affiliates, and their respective directors, officers, employees, agents, and licensors from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys’ fees) arising from:- Your use of the Platform
- Your violation of these Terms
- Your violation of any applicable law or regulation
- Your violation of any rights of a third party
- Any markets you create or content you submit
- Your negligence or willful misconduct
15. Dispute resolution and governing law
15.1. Governing law: These Terms shall be governed by and construed in accordance with the laws of the British Virgin Islands, without regard to its conflict of law provisions. 15.2. Arbitration agreement: Any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Platform shall be resolved through binding arbitration, rather than in court, except that you may assert claims in small claims court if your claims qualify. 15.3. CLASS ACTION WAIVER: YOU AGREE THAT ANY ARBITRATION OR PROCEEDING SHALL BE LIMITED TO THE DISPUTE BETWEEN YOU AND BLASTMARKET.IO INDIVIDUALLY. TO THE FULL EXTENT PERMITTED BY LAW:- NEITHER YOU NOR BLASTMARKET.IO WILL PARTICIPATE IN A CLASS ACTION OR CLASS-WIDE ARBITRATION
- CLAIMS FROM MULTIPLE USERS CANNOT BE ARBITRATED OR LITIGATED JOINTLY OR CONSOLIDATED
16. General provisions
16.1. Entire agreement: These Terms, together with our Privacy Policy and other incorporated policies, constitute the entire agreement between you and blastmarket.io regarding the Platform and supersede all prior agreements and understandings. 16.2. Severability: If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect, and the invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable. 16.3. Waiver: Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision unless acknowledged and agreed to in writing. 16.4. Assignment: You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign these Terms without restriction. 16.5. No third-party beneficiaries: These Terms do not create any third-party beneficiary rights. 16.6. Headings: Section headings are for convenience only and do not affect the interpretation of these Terms. 16.7. Survival: Provisions that by their nature should survive termination shall survive, including but not limited to Sections 10 (Intellectual Property), 13 (Disclaimers), 14 (Indemnification), and 15 (Dispute Resolution). 16.8. Force majeure: Neither party shall be liable for any failure or delay in performance due to events beyond their reasonable control. 16.9. Notices: We may provide notices to you via email, posting on the Platform, or other reasonable means. You agree that electronic notices satisfy any legal requirement for written notice. 16.10. Language: These Terms are drafted in English. In the event of any conflict between an English version and a translation, the English version shall prevail.17. Contact information
If you have any questions about these Terms, please contact us at: Email: terms@acentocapital.comWebsite: https://blastmarket.io