Terms of Service

1Acceptance of Terms

By accessing, browsing, or using Baozi.bet (the "Protocol," "Platform," or "Service"), including any associated websites, applications, smart contracts, and interfaces, you ("User," "you," or "your") acknowledge that you have read, understood, and agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must immediately cease using the Protocol.

These Terms constitute a legally binding agreement between you and the Protocol operators. Your continued use of the Protocol constitutes ongoing acceptance of these Terms as they may be modified from time to time.

2Eligibility

By using this Protocol, you represent and warrant that:

• You are at least 18 years of age or the age of majority in your jurisdiction, whichever is higher
• You have the legal capacity to enter into binding agreements
• You are not located in, or a citizen or resident of, any jurisdiction where prediction markets, cryptocurrency transactions, or the activities contemplated by this Protocol are prohibited or restricted by law
• You are not subject to any sanctions administered by OFAC, the United Nations, the European Union, or any other governmental authority
• You will not use the Protocol if doing so would violate any applicable laws in your jurisdiction
• You have independently verified that your use of this Protocol is legal in your jurisdiction

3Description of Protocol

Baozi.bet is a decentralized protocol deployed on the Solana blockchain that provides software tools enabling users to create, participate in, and resolve peer-to-peer prediction markets. The Protocol consists of:

• Smart Contracts: Immutable code deployed on the Solana blockchain that facilitates market creation, betting, and resolution
• User Interface: A web-based interface that allows users to interact with the smart contracts
• Market Layers: Official markets (admin-resolved), Labs markets (community-created), and Private markets (invite-only)

Risk Disclosure

YOU ACKNOWLEDGE AND ACCEPT THE FOLLOWING RISKS:

5No Financial or Legal Advice

Nothing on this Protocol constitutes financial, investment, legal, tax, or any other professional advice. The Protocol does not recommend any particular market, outcome, or trading strategy. All information provided is for informational purposes only.

You should consult with qualified professionals before making any financial decisions. Market odds and probabilities displayed are user-generated and do not represent predictions, recommendations, or advice from the Protocol operators.

User Responsibilities

You are solely responsible for:

• Securing your wallet private keys and seed phrases
• Verifying the accuracy of all transaction details before confirming
• Conducting your own research before participating in any market
• Understanding how prediction markets and pari-mutuel betting work
• Ensuring your use of the Protocol complies with all applicable laws
• Paying any taxes owed on winnings or cryptocurrency transactions
• Understanding the risks outlined in these Terms
• Monitoring your positions and claiming winnings before they expire

Community Labs Markets

• No Verification: Market creators resolve their own markets. We do not verify the accuracy or honesty of resolutions.
• Scam Potential: Creators may intentionally resolve markets incorrectly to profit at bettors' expense.
• No Appeals: There is no dispute resolution process for Labs markets. Resolutions are final.
• No Guarantees: We make no guarantees about the legitimacy, accuracy, or fairness of any community-created market.
• DYOR: Do Your Own Research. Check creator history and reputation before participating.

By participating in Labs markets, you accept these additional risks and release us from any liability related to fraudulent, incorrect, or unfair market resolutions.

Limitation of Liability

In jurisdictions that do not allow the exclusion or limitation of liability for consequential or incidental damages, our liability shall be limited to the maximum extent permitted by law. In no event shall our total liability exceed the amount of fees you have paid to the Protocol in the 12 months preceding the claim.

9Indemnification

You agree to indemnify, defend, and hold harmless the Protocol operators, developers, contributors, affiliates, and their respective officers, directors, employees, agents, and successors from and against any and all claims, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising from or relating to:

• Your use of the Protocol
• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Your violation of any third-party rights
• Any content or markets you create on the Protocol
• Any disputes with other users

10Prohibited Activities

You agree not to:

• Use the Protocol for any illegal purpose or in violation of any laws
• Attempt to manipulate markets through coordinated trading, wash trading, or market manipulation
• Create markets with the intent to defraud other users
• Use bots or automated systems to gain unfair advantages
• Attempt to exploit smart contract vulnerabilities
• Interfere with or disrupt the Protocol's operation
• Use the Protocol to launder money or finance illegal activities
• Circumvent any access restrictions or security measures
• Impersonate other users or entities
• Create markets involving illegal content, violence, or harm

11Intellectual Property

The Protocol's user interface, branding, logos, and documentation are proprietary. The smart contract code may be open source under applicable licenses. Your use of the Protocol does not grant you any ownership rights in our intellectual property.

12Termination

We reserve the right to restrict, suspend, or terminate your access to the user interface at any time, for any reason, without notice or liability. Note that the underlying smart contracts are deployed on a public blockchain and cannot be terminated by us. The provisions of these Terms that by their nature should survive termination shall survive.

Governing Law & Disputes

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction in which the Protocol operators are established, without regard to conflict of law principles.

Any disputes arising from these Terms or your use of the Protocol shall be resolved through binding arbitration in accordance with the rules of a recognized arbitration institution. You waive any right to participate in class action lawsuits or class-wide arbitration.

YOU AND THE PROTOCOL OPERATORS AGREE THAT ANY CLAIMS WILL BE BROUGHT SOLELY IN YOUR INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS ACTION, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING.

Changes to Terms

We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting to the Protocol. Your continued use of the Protocol after any changes constitutes acceptance of the new Terms. We encourage you to review these Terms periodically.

15Contact

For questions about these Terms, please contact us through our official communication channels listed on the Protocol website.