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Terms of Service

Effective Date: April 21, 2026

These Terms of Service (the “Terms”) govern your access to and use of the social predictions platform and related services (collectively, the “Platform”) operated by Prophecy S.A., a company incorporated under the laws of the Republic of Panama (the “Company,” “we,” “us,” or “our”). By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree to these Terms, you may not access or use the Platform.

IMPORTANT NOTICE: THE PLATFORM IS PROVIDED EXCLUSIVELY FOR SOCIAL, ENTERTAINMENT, AND EDUCATIONAL PURPOSES. NO REAL MONEY, CRYPTOCURRENCY, REAL ASSETS, OR ITEMS OF MONETARY VALUE ARE STAKED, WAGERED, LOST, OR EXCHANGED ON THE PLATFORM. ALL PARTICIPATION INVOLVES PROPHECY SOCIAL TOKENS OR PSTs (AS DETAILED FURTHER BELOW) AND SIMULATED ACTIVITY ONLY. THE PLATFORM DOES NOT CONSTITUTE, FACILITATE, OR ENABLE ANY FORM OF FINANCIAL TRANSACTION, INVESTMENT, OR EXCHANGE OF VALUE.

Definitions

“Restricted Person” means any person or entity who: (a) is a citizen, resident, or incorporated, established, organized, or located in, or has a registered office, principal place of business, or principal residence in any Restricted Territory; (b) is subject to economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties, including the lists maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury, the United Nations Security Council, the European Union or its Member States, the United Kingdom, the Republic of Panama or other applicable government authority, or any similar sanctions or restricted-party list maintained by any jurisdiction with authority over the Platform or the Company; (c) acts on behalf of, is owned fifty percent (50%) or more by, is controlled by, or transacts for the direct or indirect benefit of any Restricted Person or any person or entity located in any Restricted Territory; or (d) is a government, instrumentality, or agency of a Restricted Territory, or is owned or controlled by such a government. For purposes of subsection (c), “control” means the power to direct the management or policies of an entity, whether through ownership of voting securities, by contract, or otherwise.

“Restricted Territory” means (a) Iran, Cuba, North Korea, Myanmar (Burma), the Crimea region, the Donetsk and Luhansk regions, the Kherson and Zaporizhzhia regions of Ukraine, (b) any other country or region that is the subject of comprehensive country-wide or region-wide economic sanctions by the United States, the United Kingdom, the European Union, the United Nations or the Republic of Panama, including any jurisdiction that becomes subject to such sanctions after the Effective Date of these Terms; or (c) any jurisdiction in which the use of the Platform is prohibited by applicable law.

Platform Description and Purpose

The Platform is a social predictions market designed to provide users with an interactive, community-driven environment for making predictions about real-world events, including but not limited to sports outcomes, political developments, entertainment results, and other topics of public interest. The Platform operates exclusively for social, entertainment, and educational purposes.

All predictions, outcomes, and activities on the Platform are simulated and involve only PSTs. PSTs have no monetary value, cannot be exchanged for real money or any item of value, and cannot be used, transferred, sold, or redeemed other than with us as the operator of the Platform. The Platform does not involve, facilitate, or permit any form of financial transaction, monetary exchange, or transfer of real assets.

The Platform is designed to foster community engagement, encourage thoughtful analysis of events, and provide users with an entertaining and educational experience. It is not intended for, and must not be used for, any commercial, financial, or speculative purpose.

Eligibility and Account Registration

Age Requirement

You must be at least 18 years of age to access or use the Platform. By using the Platform, you represent and warrant that you are at least 18 years old and have the legal capacity to enter into these Terms.

Jurisdictional Restrictions

You represent and warrant that you are not a Restricted Person and are not accessing the Platform from within any Restricted Territory. You agree that you will not use any technology or mechanism, including virtual private networks (VPNs), proxy services, or other tools, to circumvent or attempt to circumvent any restrictions that apply to the Platform based on your location or status. You are solely responsible for ensuring that your use of the Platform complies with all applicable laws and regulations in your jurisdiction. Each time you access or use the Platform, you reaffirm this representation and warranty. You agree to immediately notify the Company if you relocate to or access the Platform from a Restricted Territory.

Account Registration

To access certain features of the Platform, you may be required to create an account. You agree to provide accurate, current, and complete information during the registration process and to update such information as necessary to maintain its accuracy. You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You agree to notify us immediately of any unauthorized use of your account or any other breach of security.

Ongoing Compliance

Each time you access or use the Platform, you reaffirm the representations and warranties set forth in these Terms. You agree to immediately notify the Company if you become a Restricted Person or if you relocate to or access the Platform from a Restricted Territory. You further agree to promptly notify the Company of any material change in circumstances that would affect your eligibility to use the Platform under these Terms.

Account Suspension and Termination

We reserve the right to suspend or terminate your account at any time, with or without notice, if we believe you have violated these Terms or engaged in conduct that is harmful to the Platform, other users, or the Company, including but not limited to if: (a) you are determined to be a Restricted Person or become subject to sanctions or other restrictions; (b) you access or attempt to access the Platform from a Restricted Territory; (c) you use circumvention tools to evade geographic or eligibility restrictions; (d) we are required to suspend or terminate your access by law, regulation, court order, or government request; or (e) we believe such action is necessary to comply with applicable sanctions laws or to protect our legal interests.

Acceptable Use and Prohibited Conduct

You agree to use the Platform only for lawful purposes and in accordance with these Terms. You agree not to:

  • Use the Platform for any commercial purpose or in any manner that could damage, disable, overburden, or impair the Platform;
  • Attempt to gain unauthorized access to any portion of the Platform, other users’ accounts, or any systems or networks connected to the Platform;
  • Use any automated means, including bots, scripts, or scrapers, to access the Platform or collect information from the Platform;
  • Engage in any conduct that restricts or inhibits any other user’s use or enjoyment of the Platform, or that, in our sole judgment, exposes us or any third party to liability;
  • Impersonate any person or entity, or falsely state or otherwise misrepresent your affiliation with any person or entity;
  • Upload, post, or transmit any content that is unlawful, harmful, threatening, abusive, harassing, defamatory, vulgar, obscene, or otherwise objectionable;
  • Violate any applicable local, state, national, or international law or regulation;
  • Misrepresent your identity, location, age, or any other information relevant to your eligibility to use the Platform, or provide false, inaccurate, or misleading information during account registration or at any time while using the Platform;
  • Engage in any activity that violates economic or trade sanctions administered or enforced by the United States, the United Kingdom, the European Union, the United Nations, the Republic of Panama or any other applicable governmental authority, or transact with any person or entity designated on any sanctions list maintained by such authorities;
  • Use the Platform to engage in any activity that could be construed as financial speculation, investment, or any form of monetary exchange;
  • Attempt to manipulate, exploit, or abuse the Platform’s features, including PSTs, prediction markets, or community features;
  • Create or participate in any secondary market for PST or Platform activity;
  • Buy, sell or transfer accounts or take part in any way in any other off-platform arrangement designed to monetise PST or Platform participation; or
  • Engage in any conduct that disrupts the social, entertainment, or educational purpose of the Platform.

We reserve the right to investigate and take appropriate action against anyone who violates these Terms, including removing content, suspending or terminating accounts, and reporting violations to law enforcement authorities.

PST Disclaimer

THE PLATFORM USES PSTs, AN ON-CHAIN TOKEN THAT CAN ONLY INTERACT WITH PROPHECY CONTRACTS, TO FACILITATE USER PARTICIPATION IN PREDICTIONS AND COMMUNITY ACTIVITIES. PSTs HAVE NO MONETARY VALUE WHATSOEVER AND CANNOT BE USED, TRANSFERRED, OR REDEEMED OTHER THAN WITH US AS THE OPERATOR OF THE PLATFORM. PST CANNOT BE DIRECTLY TRADED BETWEEN USERS.

PSTs are provided solely for entertainment and engagement purposes within the Platform. They do not represent any ownership interest, equity, or financial stake in the Company or any other entity. PSTs cannot be withdrawn, cashed out, or converted into any form of legal tender or valuable consideration. PST is an on-chain token that can only interact with Prophecy contracts and cannot be directly traded between users.

The Company reserves the right to modify, suspend, or discontinue the PST system at any time, with or without notice, and without liability to you or any third party. The Company may adjust, reset, or remove PSTs from user accounts at its sole discretion, including in cases of suspected abuse, manipulation, or violation of these Terms.

YOU ACKNOWLEDGE AND AGREE THAT YOUR PARTICIPATION ON THE PLATFORM INVOLVES NO FINANCIAL RISK, NO POTENTIAL FOR FINANCIAL GAIN, AND NO EXCHANGE OF VALUE. THE PLATFORM IS DESIGNED EXCLUSIVELY FOR SOCIAL INTERACTION, ENTERTAINMENT, AND EDUCATIONAL PURPOSES.

Rewards Programs

We may operate rewards programs from time to time. Any such programs shall be subject to these Terms, the additional Rewards Program General Terms and Conditions set out in Annexure A (the “General Rewards T&Cs”) and any specific terms and conditions that we may make available from time to time in connection with one or more specific rewards programs (the “Specific Rewards T&Cs”). In the event of any inconsistency between these Terms, the General Rewards T&Cs and the Specific Rewards T&Cs, the Specific Rewards T&Cs shall prevail over the General Rewards T&Cs and the General Rewards T&Cs shall prevail over these Terms.

User Content and Conduct

User Content

The Platform may allow you to submit, post, or share content, including predictions, comments, messages, and other materials (collectively, “User Content”). You retain ownership of any intellectual property rights in your User Content, but you grant the Company a worldwide, non-exclusive, royalty-free, transferable, sublicensable license to use, reproduce, modify, adapt, publish, translate, distribute, and display your User Content in connection with the operation and promotion of the Platform.

Responsibility for User Content

You are solely responsible for your User Content and the consequences of posting or sharing it on the Platform. You represent and warrant that you own or have the necessary rights to your User Content and that your User Content does not violate any third-party rights or applicable laws.

Content Moderation

We reserve the right, but have no obligation, to monitor, review, or remove User Content that we determine, in our sole discretion, violates these Terms or is otherwise objectionable. We do not endorse any User Content or any opinion, recommendation, or advice expressed therein.

Intellectual Property

Company Ownership

The Platform and its entire contents, features, and functionality, including but not limited to all information, software, text, displays, images, video, audio, design, selection, and arrangement, are owned by the Company, its licensors, or other providers of such material and are protected by copyright, trademark, patent, trade secret, and other intellectual property or proprietary rights laws.

Limited License

Subject to your compliance with these Terms, the Company grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Platform for your personal, non-commercial use. This license does not include any right to: (i) resell or make commercial use of the Platform or its contents; (ii) modify, reproduce, or create derivative works based on the Platform; (iii) use any data mining, robots, or similar data gathering or extraction methods; or (iv) download any portion of the Platform except as expressly permitted by the Company.

Trademarks

The Company’s name, logo, and all related names, logos, product and service names, designs, and slogans are trademarks of the Company or its affiliates or licensors. You may not use such marks without the prior written permission of the Company. All other names, logos, product and service names, designs, and slogans on the Platform are the trademarks of their respective owners.

Privacy and Data Protection

Your use of the Platform is also governed by our Privacy Policy, which is incorporated into these Terms by reference. In the event of any conflict between these Terms and the Privacy Policy with respect to privacy or data protection matters, the Privacy Policy shall control. By using the Platform, you consent to the collection, use, and disclosure of your information as described in the Privacy Policy. Please review the Privacy Policy carefully to understand our practices regarding your personal information.

Disclaimers and Warranties

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, 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, TITLE, AND NON-INFRINGEMENT.

THE COMPANY DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. THE COMPANY DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR RELIABILITY OF ANY CONTENT, INFORMATION, OR MATERIALS AVAILABLE ON THE PLATFORM, INCLUDING PREDICTIONS, OUTCOMES, OR USER CONTENT.

YOU ACKNOWLEDGE AND AGREE THAT THE PLATFORM IS PROVIDED EXCLUSIVELY FOR SOCIAL, ENTERTAINMENT, AND EDUCATIONAL PURPOSES. THE COMPANY MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE ACCURACY OF PREDICTIONS, THE LIKELIHOOD OF ANY PARTICULAR OUTCOME, OR THE EDUCATIONAL VALUE OF ANY CONTENT ON THE PLATFORM.

THE COMPANY DOES NOT GUARANTEE THAT YOUR USE OF THE PLATFORM WILL RESULT IN ANY PARTICULAR EXPERIENCE, OUTCOME, OR BENEFIT. YOUR USE OF THE PLATFORM IS AT YOUR OWN RISK, AND YOU ASSUME ALL RISKS ASSOCIATED WITH YOUR PARTICIPATION, INCLUDING BUT NOT LIMITED TO RISKS RELATED TO THE ACCURACY OF INFORMATION, THE CONDUCT OF OTHER USERS, AND THE OPERATION OF THE PLATFORM.

THE PLATFORM DOES NOT INVOLVE, FACILITATE, OR ENABLE ANY FINANCIAL TRANSACTIONS, MONETARY EXCHANGES, OR TRANSFERS OF VALUE. YOU ACKNOWLEDGE THAT NO REAL MONEY, CRYPTOCURRENCY, REAL ASSETS, OR ITEMS OF MONETARY VALUE ARE AT RISK, AND THAT ALL PARTICIPATION INVOLVES ONLY PSTs AND SIMULATED ACTIVITY.

Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE COMPANY, ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, SUPPLIERS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR IN CONNECTION WITH YOUR ACCESS TO OR USE OF, OR INABILITY TO ACCESS OR USE, THE PLATFORM, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STATUTE, OR ANY OTHER LEGAL THEORY, EVEN IF THE COMPANY HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY’S TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE AMOUNT YOU PAID TO THE COMPANY, IF ANY, FOR ACCESS TO THE PLATFORM IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY. IF YOU HAVE NOT PAID ANY FEES TO THE COMPANY, THE COMPANY’S TOTAL LIABILITY SHALL NOT EXCEED ONE UNITED STATES DOLLAR (USD $1.00).

YOU ACKNOWLEDGE AND AGREE THAT THE PLATFORM IS PROVIDED FOR SOCIAL, ENTERTAINMENT, AND EDUCATIONAL PURPOSES ONLY, AND THAT NO REAL MONEY, CRYPTOCURRENCY, REAL ASSETS, OR ITEMS OF MONETARY VALUE ARE INVOLVED IN YOUR USE OF THE PLATFORM. ACCORDINGLY, YOU ACKNOWLEDGE THAT YOU HAVE NO FINANCIAL EXPOSURE, RISK OF FINANCIAL LOSS, OR POTENTIAL FOR FINANCIAL GAIN IN CONNECTION WITH YOUR USE OF THE PLATFORM, AND THAT ANY CLAIMS ARISING FROM YOUR USE OF THE PLATFORM ARE LIMITED TO NON-MONETARY DAMAGES RELATED TO THE ENTERTAINMENT AND SOCIAL EXPERIENCE PROVIDED BY THE PLATFORM.

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

Indemnification

You agree to indemnify, defend, and hold harmless the Company, its affiliates, and their respective directors, officers, employees, agents, suppliers, and licensors from and against any and all claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys’ fees) arising out of or relating to: (a) your use of or inability to use the Platform; (b) your User Content; (c) your violation of these Terms; (d) your violation of any rights of another party, including any other user; or (e) your violation of any applicable laws or regulations.

The Company reserves the right to assume the exclusive defence and control of any matter subject to indemnification by you, in which event you will cooperate with the Company in asserting any available defences.

Governing Law and Jurisdiction

These Terms and any dispute or claim arising out of or in connection with them or their subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with the laws of the Republic of Panama, without regard to its conflict of law principles.

You agree that any legal action or proceeding arising out of or relating to these Terms or your use of the Platform shall be brought exclusively in the courts of the Republic of Panama, and you irrevocably submit to the personal jurisdiction of such courts. Notwithstanding the foregoing, the Company may seek injunctive or other equitable relief in any court of competent jurisdiction to protect its intellectual property rights or confidential information.

Dispute Resolution and Arbitration

Informal Resolution

Before initiating any formal dispute resolution proceeding, you agree to first contact the Company to attempt to resolve any dispute, claim, or controversy arising out of or relating to these Terms or your use of the Platform (collectively, “Disputes”) informally. You may contact us at support@prophecy.social. We will attempt to resolve any Dispute through good-faith negotiations within sixty (60) days of receiving notice of the Dispute.

Binding Arbitration

If the parties are unable to resolve a Dispute through informal negotiations, the Dispute shall be finally and exclusively resolved by binding arbitration administered by the Panama Conciliation and Arbitration Center (Centro de Conciliación y Arbitraje de Panamá) in accordance with its arbitration rules then in effect. The arbitration shall be conducted in Panama City, Republic of Panama, in the English language, before a single arbitrator appointed in accordance with the applicable rules. The arbitrator’s decision shall be final and binding on the parties, and judgment on the award rendered by the arbitrator may be entered in any court having jurisdiction thereof.

Class Action Waiver

YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDINGS WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. YOU AND THE COMPANY EXPRESSLY WAIVE ANY RIGHT TO PURSUE DISPUTES ON A CLASS-WIDE BASIS OR IN ANY PROCEEDING IN WHICH EITHER PARTY ACTS OR PROPOSES TO ACT IN A REPRESENTATIVE CAPACITY.

Exceptions

Notwithstanding the foregoing arbitration requirement, either party may seek equitable relief (including preliminary or permanent injunctive relief) in any court of competent jurisdiction to protect its intellectual property rights or confidential information. Additionally, either party may bring claims in small claims court if the claim qualifies and remains in such court. These exceptions shall not be subject to the arbitration requirement set forth above.

Termination

Termination by You

You may terminate your account and cease using the Platform at any time by contacting us at support@prophecy.social or by following the account closure procedures available on the Platform.

Termination by the Company

We reserve the right to suspend or terminate your access to the Platform, with or without notice, for any reason or no reason, including but not limited to: (i) your violation of these Terms; (ii) your engagement in conduct that is harmful to the Platform, other users, or the Company; (iii) our cessation of the Platform or any part thereof; or (iv) as required by law or at the request of law enforcement or other government authorities.

Effect of Termination

Upon termination of your account, your right to access and use the Platform will immediately cease. All provisions of these Terms that by their nature should survive termination shall survive, including but not limited to ownership provisions, warranty disclaimers, indemnification obligations, limitations of liability, and dispute resolution provisions. Termination of your account does not relieve you of any obligations incurred prior to termination. The Company retains the right to retain and use any User Content, data, or information submitted prior to termination to the extent permitted by applicable law and our Privacy Policy, including for compliance, analytics, service improvement, and other legitimate business purposes.

No Refunds

Because the Platform operates exclusively for social, entertainment, and educational purposes and does not involve any financial transactions, monetary exchanges, or transfers of value, no refunds, reimbursements, or compensation of any kind will be provided upon termination of your account or cessation of your access to the Platform.

Modifications to Terms

We reserve the right to modify or update these Terms at any time, in our sole discretion. If we make material changes to these Terms, we will notify you by posting the updated Terms on the Platform and updating the “Effective Date” at the top of these Terms. We may also provide additional notice, such as by sending you an email notification or displaying a prominent notice on the Platform.

Your continued use of the Platform after the effective date of any modifications to these Terms constitutes your acceptance of the modified Terms. If you do not agree to the modified Terms, you must cease using the Platform. We encourage you to review these Terms periodically to stay informed of any updates.

General Provisions

Entire Agreement. These Terms, together with our Privacy Policy and any other policies or guidelines incorporated by reference, constitute the entire agreement between you and the Company regarding your use of the Platform and supersede all prior or contemporaneous understandings, agreements, representations, and warranties, whether written or oral, regarding the Platform.

Severability. If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, such provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable while preserving its intent, or, if such modification is not possible, such provision shall be severed from these Terms. The remaining provisions of these Terms shall continue in full force and effect.

Waiver. No waiver by the Company of any term or condition set forth in these Terms shall be deemed a further or continuing waiver of such term or condition or a waiver of any other term or condition. Any failure by the Company to assert a right or provision under these Terms shall not constitute a waiver of such right or provision.

Assignment.You may not assign or transfer these Terms or any rights or obligations hereunder, by operation of law or otherwise, without the Company’s prior written consent. The Company may assign or transfer these Terms or any rights or obligations hereunder, in whole or in part, without restriction. Subject to the foregoing, these Terms shall bind and inure to the benefit of the parties and their respective successors and permitted assigns.

No Third-Party Beneficiaries. These Terms are for the sole benefit of the parties hereto and their respective successors and permitted assigns, and nothing in these Terms, express or implied, is intended to or shall confer upon any other person or entity any legal or equitable right, benefit, or remedy of any nature whatsoever.

Force Majeure. The Company shall not be liable for any failure or delay in performing its obligations under these Terms due to causes beyond its reasonable control, including but not limited to acts of God, 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.

Headings. The headings and captions used in these Terms are for convenience only and shall not affect the interpretation of these Terms.

Contact Information

If you have any questions, concerns, or complaints regarding these Terms or the Platform, please contact us at support@prophecy.social.

Acknowledgment

BY ACCESSING OR USING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS. YOU FURTHER ACKNOWLEDGE AND AGREE THAT THE PLATFORM IS PROVIDED EXCLUSIVELY FOR SOCIAL, ENTERTAINMENT, AND EDUCATIONAL PURPOSES, AND THAT NO REAL MONEY, CRYPTOCURRENCY, REAL ASSETS, OR ITEMS OF MONETARY VALUE ARE INVOLVED IN YOUR USE OF THE PLATFORM. ALL PARTICIPATION INVOLVES ONLY PSTs AND SIMULATED ACTIVITY, AND THE PLATFORM DOES NOT CONSTITUTE, FACILITATE, OR ENABLE ANY FORM OF FINANCIAL TRANSACTION, INVESTMENT, OR EXCHANGE OF VALUE.

Annexure A

Rewards Program General Terms and Conditions

1. Overview

We, or our affiliates, may, from time to time, operate one or more promotional or incentive programs (each, a “Rewards Program”) designed to encourage use of the Platform as a skills-based, informational, and entertainment-focused experience. Rewards Programs may include, without limitation, the allocation of PSTs or other incentives (collectively, “Rewards”) to eligible users based on qualifying conditions and/or activities carried out through the use of the Platform. Users of the Platform and participants in the Rewards Programs never risk anything of value.

Participation in any Rewards Program is voluntary and subject at all times to these Rewards Program General Terms and Conditions (the “General Rewards T&Cs”) and any specific terms and conditions that we may make available from time to time in connection with one or more specific Rewards Programs (the “Specific Rewards T&Cs”), which form part of and are incorporated by reference into the Prophecy S.A. Terms of Service (and together with these General Rewards T&Cs and the Specific Rewards T&Cs, the “Applicable Terms”).

2. Eligibility

To be eligible to participate in a Rewards Program, a user must:

  • be a user of the Platform and in good standing;
  • satisfy any specified minimum conditions, balances, activities, or verification and/or compliance requirements; and
  • not be subject to any restriction, suspension, or exclusion under applicable law or under the Applicable Terms.

We reserve the right, in our sole discretion, to determine eligibility and to exclude or disqualify any user we believe to have engaged in any abusive, fraudulent, or manipulative activity or conduct inconsistent with the spirit of the Rewards Program.

3. Rewards Calculation and Distribution

The manner in which Rewards are calculated, accrued, and distributed shall be as described on our website or in the Applicable Terms. Unless otherwise specified, Rewards shall:

  • have no cash value and may not be redeemed for fiat currency;
  • be non-transferable and non-assignable; and
  • be subject to modification, expiration, or forfeiture in accordance with the Applicable Terms.

We do not guarantee that meeting any particular conditions or performing any particular activity will result in the accrual of Rewards, and all calculations and determinations shall be made by us in our sole and absolute discretion regarding Rewards and shall be final and binding. You do not own, and take no legal rights or interest in any Rewards provided to you under any Rewards Program.

4. Modification and Termination

We may, at any time and in our sole and absolute discretion, modify, suspend, or terminate any Rewards Program, including the methods of earning or redeeming Rewards, the value or nature of Rewards, or the duration of the Rewards Program, without prior notice.

Upon termination of a Rewards Program, all unused, unredeemed, or unallocated Rewards may be cancelled or rendered void, at our discretion, without liability to any user.

5. Taxes and Compliance

Users are solely responsible for determining and complying with any tax obligations arising from the receipt, accrual, or redemption of Rewards. We make no representation or warranty regarding the tax treatment of any Rewards and shall not be liable for any loss, liability, or penalty resulting from any tax treatment applied by a tax authority.

6. Fraud, Abuse, and Forfeiture

We reserve the right to withhold, cancel, or reverse Rewards if we determine, in our sole and absolute discretion, that they were obtained through error, abuse, manipulation, exploitation of system vulnerabilities, or any prohibited conduct. In such cases, we may also suspend or terminate the user’s account and recover any improperly obtained Rewards or related gains.

7. No Guarantee or Representation

Rewards are offered at our sole and absolute discretion and are not guaranteed to continue or retain any specific form, value, or utility. We do not warrant that Rewards will have or maintain any market value, or that they may be transferred, sold, or exchanged outside of the Platform. We reserve the right to cancel, terminate and/or suspend any Rewards Program at any time, for any reason, and you understand that upon the cancellation, termination or suspension of any Rewards Program you may lose any and all access to any Reward.

8. Limitation of Liability

To the maximum extent permitted by applicable law, we shall not be liable for any loss, damage, or claim arising from or in connection with participation in any Rewards Program, including any modification, suspension, or termination thereof.