Terms of Service

1.1 Agreement to Terms

These Terms of Service ("Terms," "Agreement," or "TOS") constitute a legally binding agreement between you ("User," "you," or "your") and Alpha DNA Private Limited, a company incorporated in Singapore ("Company," "Unhedged," "we," "us," or "our"), governing your access to and use of the Unhedged raffle platform, including our website, applications, APIs, and related services (collectively, the "Platform" or "Services").

BY ACCESSING OR USING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. IF YOU DO NOT AGREE TO THESE TERMS, YOU MUST NOT ACCESS OR USE THE PLATFORM.

1.2 Eligibility

To access and use the Platform, you must:

• Be at least eighteen (18) years of age, or the age of legal majority in your jurisdiction, whichever is higher;
• Have the legal capacity to enter into binding contracts;
• Not be a resident of, located in, or accessing the Platform from any Restricted Jurisdiction (as defined in Section 4);
• Not be subject to any sanctions administered by the United States, European Union, United Kingdom, United Nations, Singapore, or any other applicable jurisdiction;
• Not be prohibited from using the Platform under the laws of your jurisdiction;
• Comply with all applicable laws and regulations in your jurisdiction regarding raffles, digital assets, and related activities.

1.3 Modifications to Terms

We reserve the right to modify, amend, or update these Terms at any time in our sole discretion. Material changes will be communicated through the Platform or via email to registered users. Your continued use of the Platform after such modifications constitutes acceptance of the updated Terms.

2.1 Platform Overview

Unhedged is an on-chain raffle platform built on Canton Network that allows eligible users to:

• Enter open raffle rounds by transferring an accepted digital asset;
• View raffle pools, entries, round status, and completed results;
• Receive automatic payouts when selected as a winner.

2.2 Accepted Digital Assets

Raffle rounds accept the digital asset shown for that round, which may include Canton Coin ("CC") or another supported token on Canton Network. By using the Platform, you acknowledge that:

• Accepted digital assets are subject to price volatility;
• Transactions are recorded on Canton Network and are generally irreversible;
• You are responsible for the security of your wallet and private keys;
• The Company does not custody or control your wallet or private keys. Assets submitted as raffle entries leave your wallet and are handled according to the raffle rules.

2.3 Raffle Mechanics

• Round Creation: Raffle rounds are opened by the Platform with a defined entry period and accepted asset.
• Entry: Users enter by transferring the accepted asset with the round memo. Confirmed entries remain committed to that round.
• Winner Selection: After a round closes, winners are selected using the Platform's published deterministic selection process.
• Automatic Payouts: Payouts are transferred to selected participants' wallets. No manual claiming is required.
• Cancelled Rounds: If a round cannot complete, entries may be refunded according to the applicable round rules.

2.4 Platform Fees

• Platform Fee: The fee, if any, is disclosed for the applicable raffle round. Current rounds use a zero percent platform fee.
• Network Fees: Canton Network transaction fees ("gas fees") apply to on-chain operations.
• Fee Modifications: We reserve the right to modify fee structures with reasonable notice to users.

3.1 Wallet Connection

The Platform operates on a non-custodial basis. Access requires connecting a compatible wallet (e.g., Loop Wallet). We do not:

• Store, custody, or control your private keys;
• Have the ability to access, freeze, or recover your wallet;
• Bear responsibility for lost or compromised wallet credentials.

3.2 Account Responsibility

You are solely responsible for:

• Maintaining the confidentiality and security of your wallet credentials;
• All activities conducted through your connected wallet;
• Ensuring sufficient balance for raffle entries and network fees;
• The accuracy of information provided to the Platform.

3.3 Know Your Customer (KYC)

We may, at our discretion or as required by law, implement Know Your Customer (KYC) and Anti-Money Laundering (AML) procedures. By using the Platform, you agree to provide requested verification documentation and consent to background checks.

4.1 Restricted Jurisdictions

The Platform is NOT available to users who are residents of, located in, or accessing from the following jurisdictions (collectively, "Restricted Jurisdictions"):

Regulatory Restrictions:

• United States of America (including territories)
• United Kingdom
• France
• Singapore
• Canada (Ontario)
• Australia
• Belgium
• Poland

Sanctioned Jurisdictions:

• Iran
• North Korea (DPRK)
• Cuba
• Syria
• Russia
• Belarus
• Crimea Region

4.2 Geoblocking

We implement technical measures, including IP-based geoblocking, to prevent access from Restricted Jurisdictions. Attempts to circumvent these measures (including through VPNs, proxies, or similar technologies) constitute a material breach of these Terms.

4.3 Prohibited Users

The following persons are prohibited from using the Platform:

• Persons on any sanctions list maintained by OFAC, the EU, UK, UN, or Singapore;
• Politically Exposed Persons (PEPs) in jurisdictions where such participation is prohibited;
• Persons who have been convicted of financial crimes, fraud, or gambling-related offenses;
• Persons acting on behalf of any of the above.

4.4 User Representations

By using the Platform, you represent and warrant that:

• You are not a resident of, located in, or accessing the Platform from any Restricted Jurisdiction;
• You are not a Prohibited User;
• You are using the Platform for your own account and not on behalf of any third party;
• Your use of the Platform does not violate any applicable law or regulation.

5.1 General Risks

YOU ACKNOWLEDGE AND ACCEPT THAT:

• Loss of Funds: A raffle entry does not guarantee a payout. You may lose the full entry amount. Never enter with assets you cannot afford to lose.
• No Guarantees: Past results do not indicate future results. There is no guarantee of selection or return.
• Asset Volatility: The value of CC and other accepted digital assets may fluctuate significantly.
• Smart Contract Risks: The Platform relies on smart contracts that may contain bugs, vulnerabilities, or errors despite auditing.
• Technical Risks: Network congestion, software failures, hacking, and other technical issues may result in delayed or failed transactions, loss of funds, or other adverse outcomes.
• Regulatory Risks: The legal status of raffles involving digital assets varies by jurisdiction and may change. Regulatory actions may affect your ability to use the Platform or access your funds.

5.2 Not Investment Advice

Nothing on the Platform constitutes investment, financial, legal, or tax advice. Raffle participation should not be considered an investment strategy. Consult qualified professionals before making financial decisions.

5.3 Legal Classification

The legal classification of raffles involving digital assets varies by jurisdiction. You are responsible for determining whether your participation is lawful under applicable local laws.

5.4 Disclaimer of Warranties

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

WE DO NOT WARRANT THAT:

• The Platform will meet your requirements;
• The Platform will be uninterrupted, timely, secure, or error-free;
• The results obtained from the Platform will be accurate or reliable;
• Any errors will be corrected.

6.1 Limitation

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE COMPANY, ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AFFILIATES, PARTNERS, OR LICENSORS BE LIABLE FOR:

• ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES;
• ANY LOSS OF PROFITS, REVENUE, DATA, GOODWILL, OR OTHER INTANGIBLE LOSSES;
• ANY DAMAGES ARISING FROM:
  • Your use or inability to use the Platform;
  • Unauthorized access to or alteration of your transmissions or data;
  • Statements or conduct of any third party on the Platform;
  • Smart contract vulnerabilities or failures;
  • Canton Network or blockchain failures;
  • Winner selection or payout outcomes;
  • Price fluctuations of CC or other digital assets;
  • Your failure to maintain wallet security;
  • Regulatory actions affecting the Platform;

REGARDLESS OF THE THEORY OF LIABILITY (CONTRACT, TORT, NEGLIGENCE, STRICT LIABILITY, OR OTHERWISE) AND EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

6.2 Cap on Liability

TO THE EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATING TO THESE TERMS OR THE PLATFORM SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNT OF PLATFORM FEES YOU PAID TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR (B) ONE HUNDRED SINGAPORE DOLLARS (SGD 100).

6.3 Jurisdictional Limitations

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN WARRANTIES OR LIABILITIES. IN SUCH JURISDICTIONS, OUR LIABILITY SHALL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

8.1 Company IP

The Platform, including its software, design, logos, trademarks, and content (excluding user-generated content), is owned by or licensed to the Company and is protected by intellectual property laws. You are granted a limited, non-exclusive, non-transferable license to access and use the Platform in accordance with these Terms.

8.2 Restrictions

You may not:

• Copy, modify, or create derivative works of the Platform;
• Reverse engineer, decompile, or disassemble any aspect of the Platform;
• Remove, alter, or obscure any proprietary notices;
• Use the Platform for any unauthorized or unlawful purpose.

8.3 Feedback

Any feedback, suggestions, or ideas you provide regarding the Platform may be used by us without obligation or compensation to you.

9.1 Termination by User

You may discontinue use of the Platform at any time. Submitted raffle entries remain subject to the applicable round rules regardless of account status.

9.2 Termination by Company

We may, in our sole discretion, suspend or terminate your access to the Platform immediately and without notice if:

• You breach any provision of these Terms;
• You are or become a resident of a Restricted Jurisdiction;
• We are required to do so by law or regulatory order;
• We reasonably believe your continued use poses a risk to the Platform, its users, or the Company;
• We discontinue the Platform or any portion thereof.

9.3 Effect of Termination

Upon termination:

• Your right to access the Platform ceases immediately;
• Submitted raffle entries will be processed according to the applicable round rules;
• Provisions that by their nature should survive termination shall survive.

10.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of Singapore, without regard to its conflict of law principles.

10.2 Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms or the Platform, including the validity, invalidity, breach, or termination thereof, shall be resolved by arbitration administered by the Singapore International Arbitration Centre (SIAC) in accordance with the SIAC Arbitration Rules in force at the time of filing.

• Seat of Arbitration: Singapore
• Language: English
• Number of Arbitrators: One (1)
• Governing Law of Agreement: Singapore law

10.3 Waiver of Class Action

YOU AGREE TO RESOLVE DISPUTES WITH US ON AN INDIVIDUAL BASIS. YOU WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION, CLASS ARBITRATION, OR ANY OTHER REPRESENTATIVE PROCEEDING.

10.4 Time Limitation

Any claim or cause of action arising from or relating to these Terms or the Platform must be filed within one (1) year after such claim or cause of action arose, or it shall be forever barred.

11.1 Entire Agreement

These Terms, together with the Privacy Policy, Risk Disclosure, Acceptable Use Policy, and any other policies incorporated by reference, constitute the entire agreement between you and the Company regarding the Platform.

11.2 Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable, the remaining provisions shall continue in full force and effect.

11.3 Waiver

No waiver of any term shall be deemed a further or continuing waiver of such term or any other term. Our failure to enforce any right or provision shall not constitute a waiver.

11.4 Assignment

You may not assign or transfer these Terms or your rights hereunder without our prior written consent. We may assign our rights and obligations without restriction.

11.5 Force Majeure

We shall not be liable for any failure or delay in performance due to causes beyond our reasonable control, including natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, accidents, pandemics, strikes, or shortages of transportation, facilities, fuel, energy, labor, or materials.

11.6 No Partnership

Nothing in these Terms creates a partnership, joint venture, agency, or employment relationship between you and the Company.

11.7 Notices

Notices to you may be made via the Platform, email, or blockchain transactions. Notices to us should be sent to: [email protected]

11.8 Language

These Terms are drafted in English. If translated into any other language, the English version shall prevail in case of conflict.