📃Terms of Service

Please read our terms of service carefully.

Last modified: May 15th, 2023

These Terms of Service (the "Agreement") explain the terms and conditions by which you may access and use the products provided by (referred to herein as "SwapBet", "we", "our", or "us"). The products shall include, but shall not necessarily be limited to, https://wwww.swapbet.xyz a website-hosted user interface ("Application or Dapp") You must read this agreement and document carefully as it governs your use of our products. By accessing or using any of our products, you signify that you have read, understand, and agree to be bound by this agreement in its entirety. If you do not agree, you are not authorized to access or use any of our products and should not use our products. To access or use any of our products, you must be able to form a legally binding contract with us. Accordingly, you represent that you are at least the age of majority in your jurisdiction (e.g., 18 years old in the United States) and have the full right, power, and authority to enter into and comply with the terms and conditions within this agreement on behalf of yourself and any company or legal entity for which you may access or use our application. If you are entering into this agreement on behalf of an entity, you represent to us that you have the legal authority to bind such an entry. You further represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury) or (b) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions by the United States. Finally, you represent that your access and use of any of our products will fully comply with all applicable laws and regulations, and that you will not access or use any of our products to conduct, promote, or otherwise facilitate illegal activity.

NOTICE: This agreement contains important information, including a binding arbitration provision which impacts how disputes are resolved. Our products are only available to you — and you should only access our website — if you agree completely with these terms.

  1. Our Products

1.1a The Application: The application provides a web or mobile-based means of access to our application. The application itself has one version, which comprises of an open-source or source-available and self-executing smart contract that is deployed on the Binance Smart Chain. SwapBet does not control or operate any exchange on any blockchain network. By using the application, you understand that you are not buying or selling digital assets from SwapBet; and that we do not operate any liquidity pools on the application or control trade executions. When traders pay fees for trades, those fees accrue to third party liquidity providers. As a general matter, SwapBet is a liquidity provider for its own token on PancakeSwap. The application is initially deployed on a singular blockchain.

1.1b The Application continued: To purchase $BET you must use a third party non-custodial wallet software, which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service of their wallet platform. We do not have custody or control over any contents of your wallet and have no ability to retrieve, transfer or interact in any way with its contents. By using your third party wallet within our application, you agree to be bound by this agreement and all of the terms incorporated herein by reference.

1.2 Other Products: We may from time to time in the future offer additional products, and such additional products shall be considered a product as used herein, regardless of whether such product is specifically defined in this agreement.

1.3 Third Party Services and Content: When you use any of our products, you may or may not be using the products, services or content of one or more third parties. Your use of such third party products, services or content may be subject to separate policies, terms of use and fees of these third parties, and you agree to abide by and be responsible for such policies and terms of use when applicable.

  1. Modifications of this agreement or our products

2.1 Modifications of this agreement: We reserve the right, in our sole discretion, to modify this agreement from time to time. If we make any material modifications, we will notify you by updating the date at the top of the agreement and by maintaining a current version of the Agreement at https://swapbet.gitbook.io/swapbet/ All modifications will be effective when they are posted, and your continued accessing or use of any of the Products will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to this agreement, you must immediately stop accessing and using our products.

2.2 Modifications of our products: We reserve the following rights, which do not constitute obligations of ours: (a) with or without notice to you, to modify, substitute, eliminate or add to any of the products; (b) to review, modify, filter, disable, delete and remove any and all content and information from any of the products.

3.1 IP Rights: Generally we own all intellectual property and other rights in each of our products and its respective contents, including, but not limited to, software, text, images, trademarks, service marks, copyrights, patents, designs, and its "look and feel." This intellectual property is available under the terms of our copyright licenses and our Trademark Guidelines. Subject to the terms of this Agreement, we grant you a limited, revocable, non-exclusive, non sub licensable, non-transferable license to access and use our Products solely in accordance with this agreement.

3.2 DMCA Complaints: The SwapBet platform uses Third-Party platforms for its usage. These third-party applications are operated independently from us by unrelated third parties, and we have no control over any content, information or other materials contained within such third-party application. If you believe that your copyrighted work is being displayed on a third-party application, has been copied in a way that constitutes copyright infringement. Or that your intellectual property rights have been otherwise violated, you should notify us, as well as that third-party application or api of your infringement claim in accordance with their defined reporting procedures.

Please understand SwapBet never guarantees any holder wins any sweepstakes, or is guaranteed any sort of profit. Consider all investments as high risk.

3.3 Third-Party Resources and Promotions: Our products may contain references or links to third-party resources, including, but not limited to, information, materials, products, or services, that we do not own or control. In addition, third parties may offer promotions related to your access and use of our products. We do not approve, monitor, endorse, warrant or assume any responsibility for any such resources or promotions. If you access or participate in any such promotions, you do so at your own risk, and you understand that this Agreement does not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotions or programs.

3.4 Additional Rights: We reserve the right to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose information or content or information that you may provide.

3.5 Entries and Deposits: All deposits are considered sacrificed and are used to benefit our protocol. You understand by entering. SwapBet does not guarantee any winners nor needs to disclose this information. Those winners selected will be displayed on our website. Deposits can only be made to our rewards wallet for the exact amount issued. We are not responsible for any mistaken entries. Or mistakes made regarding entry payments. We cannot and will not issue refunds. Always double check the sending address, currency and amount.

Your Responsibilities

4.1 Prohibited Activity: ⚠️You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to your access and use of our products:

Intellectual Property Infringement: Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law.

Cyberattacks: Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including, but not limited to, the deployment of viruses and denial of service attacks.

Fraud and Misrepresentation: Activity that seeks to defraud us or any other person or entity, including, but not limited too; providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another or manipulate.

Market Manipulation: Activity that violates any applicable law, rule, or regulation concerning the integrity of our trading market.

Securities and Derivatives Violations: Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including, but not limited to, the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States.

Sale of Stolen Property: Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items.

Data Mining or Scraping: Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from any of our Products.

Objectionable Content: Activity that involves soliciting information from anyone that is otherwise harmful, threatening, abusive, harassing, tortious, excessively violent, defamatory, vulgar, obscene, pornographic, libelous, invasive of another's privacy, hateful, discriminatory, or otherwise objectionable.

Any Other Unlawful Conduct: Activity that violates any applicable law, rule, or regulation of the United States or another relevant jurisdiction, including, but not limited too, the restrictions and regulatory requirements imposed by U.S. law.

4.2 Trading and Smart Contracts: You agree and understand that: (a) all trades you submit through any decentralized non custodial product is considered unsolicited, which means that they are solely initiated by you; (b) you have not received any investment advice from us in connection with any trade, including those you place via PancakeSwap or any Auto Routing AMM; and (c) nobody conducts a suitability review of any trades you submit to any token.

4.3 Non-Custodial and No Fiduciary Duties: Our application is a purely non-custodial application, meaning we do not ever have ask for custody, possession, control or connection of your digital assets at any time. It further means you are solely responsible for the contents and the custody of the cryptographic private keys to the digital asset wallets you hold. You should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how any of our products will operate. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised. This Agreement is not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in this Agreement. You bear full responsibility for verifying all of the following.

4.4 Compliance and Tax Obligations: Our application may not be available or appropriate for use in your jurisdiction. By accessing or using any of our application, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you.Specifically, your use of our application or interactions with our smart contracts may result in various possible tax consequences, such as income or capital gains tax, value-added tax, goods and services tax, or sales tax in certain jurisdictions.It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.

4.5 Gas Fees: Blockchain transactions require the payment of transaction fees to the appropriate network ("Gas Fees"). You will be solely responsible to pay the Gas Fees for any transaction that you initiate via our swap.

4.6 Release of Claims: You expressly agree by using our platform that you assume all risks in connection with your access and use of our application and smart contracts. You further expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of our application."

DISCLAIMERS:

5.1 ASSUMPTION OF RISK: GENERALLY BY ACCESSING AND USING OUR APPLICATION, YOU REPRESENT THAT YOU ARE FINANCIALLY AND TECHNICALLY SOPHISTICATED ENOUGH TO UNDERSTAND THE INHERENT RISKS ASSOCIATED WITH USING CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS, AND THAT YOU HAVE A WORKING KNOWLEDGE OF THE USAGE AND INTRICACIES OF DIGITAL ASSETS SUCH AS ETHER (ETH), SO-CALLED STABLECOINS (USDC, USDT) AND OTHER DIGITAL TOKENS SUCH AS THOSE FOLLOWING THE ETHEREUM TOKEN STANDARD (ERC-20).IN PARTICULAR, YOU UNDERSTAND THAT THE MARKETS FOR DIGITAL ASSETS ARE NASCENT AND HIGHLY VOLATILE DUE TO RISK FACTORS INCLUDING, BUT NOT LIMITED TO, ADOPTION, SPECULATION, TECHNOLOGY, SECURITY, AND REGULATION. YOU UNDERSTAND THAT ANYONE CAN CREATE A TOKEN, INCLUDING FAKE VERSIONS OF EXISTING TOKENS AND TOKENS THAT FALSELY CLAIM TO REPRESENT PROJECTS, AND ACKNOWLEDGE AND ACCEPT THE RISK THAT YOU MAY MISTAKENLY TRADE THOSE OR OTHER TOKENS. SO-CALLED STABLECOINS MAY NOT BE AS STABLE AS THEY PURPORT TO BE, MAY NOT BE FULLY OR ADEQUATELY COLLATERALIZED, AND MAY BE SUBJECT TO PANICS AND RUNS. FURTHER, YOU UNDERSTAND THAT SMART CONTRACT TRANSACTIONS AUTOMATICALLY EXECUTE AND SETTLE, AND THAT BLOCKCHAIN-BASED TRANSACTIONS ARE IRREVERSIBLE WHEN CONFIRMED. YOU ACKNOWLEDGE AND ACCEPT THAT THE COST AND SPEED OF TRANSACTING WITH CRYPTOGRAPHIC AND BLOCKCHAIN-BASED SYSTEMS SUCH AS ETHEREUM ARE VARIABLE AND MAY INCREASE DRAMATICALLY AT ANY TIME. FINALLY, YOU UNDERSTAND THAT WE DO NOT CREATE, OWN, OR OPERATE CROSS-CHAIN BRIDGES OR ANY OTHER DECENTRALIZED EXCHANGE AND WE DO NOT MAKE ANY REPRESENTATION OR WARRANTY ABOUT THE SAFETY OR SOUNDNESS OF ANY OUTSIDE BRIDGE OR DEX IN SUMMARY, YOU ACKNOWLEDGE THAT WE ARE NOT RESPONSIBLE FOR ANY OF THESE VARIABLES OR RISKS, DO NOT OWN OR CONTROL THESE APPLICATIONS, AND CANNOT BE HELD LIABLE FOR ANY RESULTING LOSSES THAT YOU EXPERIENCE WHILE ACCESSING, ATTEMPTING TO BUY OR SELL OUR ASSET. OR BY USING ANY OF OUR PRODUCTS. ACCORDINGLY, YOU UNDERSTAND AND AGREE TO ASSUME FULL RESPONSIBILITY FOR ALL OF THE RISKS OF ACCESSING AND USING OUR PRODUCT.

5.2 NO WARRANTIES: OUR APPLICATION IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ANY REPRESENTATIONS AND WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING, BUT NOT LIMITED TO, THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. YOU ACKNOWLEDGE AND AGREE THAT YOUR USE OF EACH OF OUR PRODUCTS IS AT YOUR OWN RISK. WE DO NOT REPRESENT OR WARRANT THAT ACCESS TO ANY OF OUR PRODUCTS WILL BE CONTINUOUS, UNINTERRUPTED, TIMELY, OR SECURE; THAT THE INFORMATION CONTAINED IN ANY OF OUR PRODUCTS WILL BE ACCURATE, RELIABLE, COMPLETE, OR CURRENT; OR THAT ANY OF OUR PRODUCTS WILL BE FREE FROM ERRORS, DEFECTS, VIRUSES, OR OTHER HARMFUL ELEMENTS. NO ADVICE, INFORMATION, OR STATEMENT THAT WE MAKE SHOULD BE TREATED AS CREATING ANY WARRANTY CONCERNING ANY OF OUR PRODUCTS. WE DO NOT ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY ADVERTISEMENTS, OFFERS, OR STATEMENTS MADE BY THIRD PARTIES CONCERNING ANY OF OUR PRODUCTS.SIMILARLY, THE APPLICATION IS PROVIDED "AS IS", AT YOUR OWN RISK, AND WITHOUT WARRANTIES OF ANY KIND. ALTHOUGH WE CONTRIBUTED TO THE INITIAL CODE FOR THE APPLICATION, WE DO NOT PROVIDE, OWN, OR CONTROL THE CODE, THIS CODE IS RUN AUTONOMOUSLY BY SMART CONTRACTS DEPLOYED ON VARIOUS BLOCKCHAINS. NO DEVELOPER OR ENTITY INVOLVED IN CREATING THE PROTOCOL WILL EVER BE LIABLE FOR ANY CLAIMS OR DAMAGES WHATSOEVER ASSOCIATED WITH YOUR USE, INABILITY TO USE, OR YOUR INTERACTION WITH OTHER USERS OF, THE PROTOCOL, INCLUDING ANY DIRECT, INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE OR CONSEQUENTIAL DAMAGES, OR LOSS OF PROFITS, CRYPTOCURRENCIES, TOKENS, OR ANYTHING ELSE OF VALUE. WE DO NOT ENDORSE, GUARANTEE, OR ASSUME RESPONSIBILITY FOR ANY ADVERTISEMENTS, OFFERS, OR STATEMENTS MADE BY THIRD PARTIES CONCERNING ANY OF OUR PRODUCTS. ANY PAYMENTS OR FINANCIAL TRANSACTIONS THAT YOU ENGAGE IN WILL BE PROCESSED VIA AUTOMATED IMMUTABLE SMART CONTRACTS. ONCE EXECUTED, WE HAVE NO CONTROL OVER THESE PAYMENTS OR TRANSACTIONS, NOR DO WE HAVE THE ABILITY TO REVERSE ANY PAYMENTS OR TRANSACTIONS. NOR DO WE REFUND, REISSUE OR PROVIDE RELIEF FOR ANY TRANSACTION OF OUR TOKEN. BY USING OUR PLATFORM AND ENGAGING IN CRYPTOCURRENCY TRADING. YOU UNDERSTAND THE INHERENT RISKS.

5.3 NO INVESTMENT ADVICE: WE ARE NOT ATTEMPTING TO INFLUENCE YOU TO MAKE ANY PURCHASE AS A RESULT OF ANY INFORMATION PROVIDED ON THIS DOCUMENT OR ANY OF OUR SOCIAL MEDIA PLATFORMS. ALL SUCH INFORMATION PROVIDED BY ANY OF OUR PRODUCTS IS FOR INFORMATIONAL PURPOSES ONLY AND SHOULD NOT BE CONSTRUED AS INVESTMENT ADVICE OR A RECOMMENDATION THAT A PARTICULAR TOKEN IS OR IS NOT A SAFE OR SOUND INVESTMENT. YOU SHOULD NOT TAKE, OR REFRAIN FROM TAKING, ANY ACTION BASED ON ANY INFORMATION CONTAINED IN ANY OF OUR PRODUCTS. BY PROVIDING TOKEN INFORMATION FOR YOUR CONVENIENCE, WE DO NOT MAKE ANY INVESTMENT RECOMMENDATIONS TO YOU OR OPINE ON THE MERITS OF ANY TRANSACTION OR OPPORTUNITY. YOU ALONE ARE RESPONSIBLE FOR DETERMINING WHETHER ANY INVESTMENT, INVESTMENT STRATEGY OR RELATED TRANSACTION IS APPROPRIATE FOR YOU BASED ON YOUR PERSONAL INVESTMENT OBJECTIVES, FINANCIAL CIRCUMSTANCES, AND RISK TOLERANCE.

Last updated