Terms of Use

Last updated: December 2024

1. Acceptance of Terms

By accessing or using Prediction Market, you agree to be bound by these Terms of Use. If you do not agree to these terms, please do not use our platform.

2. Eligibility

You must be at least 18 years old and legally able to enter into contracts to use our platform. By using our services, you represent and warrant that you meet these requirements and that your use complies with all applicable laws in your jurisdiction.

3. Platform Description

Prediction Market is a decentralized platform where users can trade on the outcomes of real-world events using cryptocurrency. Users buy and sell YES/NO tokens that represent positions on event outcomes.

4. Risks

Trading on prediction markets involves significant risk. You may lose some or all of your invested funds. Cryptocurrency and blockchain technologies are experimental and subject to technical risks, regulatory uncertainty, and market volatility. You should only trade with funds you can afford to lose.

5. User Responsibilities

You are responsible for maintaining the security of your wallet and private keys. You agree not to use the platform for any illegal purposes, market manipulation, or any activity that could harm other users or the platform.

6. Market Resolution

Markets are resolved based on the outcome of real-world events as determined by our oracle system. Resolution decisions are final. In rare cases of ambiguity or dispute, we reserve the right to void markets and return funds to participants.

7. Fees

Trading on our platform may be subject to fees, including transaction fees and blockchain gas fees. All applicable fees will be disclosed before you confirm any transaction.

8. Intellectual Property

All content, trademarks, and intellectual property on this platform are owned by or licensed to Prediction Market. You may not use, reproduce, or distribute any content without our prior written permission.

9. Disclaimer of Warranties

The platform is provided "as is" without warranties of any kind. We do not guarantee that the platform will be uninterrupted, secure, or error-free.

10. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including loss of profits or funds, arising from your use of the platform.

11. Modifications

We reserve the right to modify these terms at any time. Changes will be effective immediately upon posting. Your continued use of the platform after changes constitutes acceptance of the modified terms.

12. Governing Law

These terms shall be governed by and construed in accordance with applicable laws, without regard to conflict of law principles.

13. Contact

For questions about these Terms of Use, please contact us through our official channels.