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TERMS & CONDITIONS (Terms of Service)

Last updated: 28.10.2025

1. Who we are and what this document governs

1.1. These Terms (“Terms”) govern your access to and use of the Foresee platform (web interface, smart contracts, service components) (the “Platform”, “we”).

1.2. Related documents: Market Rules, Privacy Policy, Referral Program Rules, Fees/Commissions. In case of conflict, the Terms prevail.

2. Access: age and territory

2.1. The Platform is available only to persons 18+ (or a higher age if required by the law of your location).

2.2. Access and participation are permitted to users physically located in Nigeria, Kenya, or Ghana. We may use technical means to verify location.

2.3. Any attempt to circumvent geo-restrictions (including VPN/proxy/spoofing) is prohibited.

3. Account, wallet, and security

3.1. You connect a compatible crypto wallet to interact with the smart contracts. You are responsible for your devices, keys, and access.

3.2. One user — one control over the account/linked wallets. Sharing access with third parties and creating additional wallets to bypass restrictions is prohibited.

3.3. We may limit/suspend access upon suspicion of a violation.

4. Identification (KYC)

4.1. By default, we do not request users’ personal data regardless of amounts.

4.2. We may, at our sole discretion and at any time, request additional information/checks (including suspension of Claim) upon signs of risk, to comply with legal/operational requirements, or to protect the integrity of the Platform.

5. Token and network

5.1. Settlement is performed in USDT (Polygon). Transactions are irreversible; network fees/gas are borne by the user.

5.2. We are not a bank or a custodian; erroneous transfers (including wrong network/address) are non-refundable.

6. Markets, positions, and operations

6.1. A “Market” describes the event condition and the resolution rules; a “position” is a share/contract on an outcome.

6.2. The minimum forecast amount is shown in the interface and may change. We are not obligated to accept any order; we may set exposure/payout limits, pause, delist markets and/or restrict operations.

6.3. We do not guarantee liquidity, absence of slippage, or instant execution.

7. Outcome resolution

7.1. Resolution criteria and sources are indicated on the market page (Market Rules). If such criteria/sources are not indicated, results are provided by a specialized service via API.

7.2. In case of ambiguity/impossibility of verification/data errors, we may delay resolution or invalidate the market with a return of funds for the affected positions.

7.3. Our resolution decision is final. The maximum compensation for affected positions is a refund of your initial forecast amount.

8. Technical failures and vulnerabilities

8.1. In the event of failures of the network/data origins/smart contracts/interface, we may cancel/recalculate affected operations and/or change the market status.

8.2. Exploitation of bugs, manipulation of the interface/mempool, and front-running of administrative actions are prohibited.

9. Prohibited actions

9.1. Prohibited: fraud, forgery, geo-bypass; multiple wallets to circumvent rules; market manipulation (artificial volume, collusion), attempts to unlawfully influence a real-world outcome; use of stolen/sanctioned funds; money laundering; any bots/scripts/automation (we do not issue an API).

9.2. Sanctions: cancellation/recalculation of operations, withholding of rewards, freezing/declining Claim, access termination, notification of competent authorities.

10. Fees and Claim

10.1. Fees (platform and/or on net winnings) are shown in the interface at the time of operation and may change prospectively. If not shown in the interface, the platform fee is 5%.

10.2. Claim (receipt of funds) is available without limits upon request in the history section; delays are possible due to network confirmations and/or checks under Section 4.

11. Referral program “1%”

11.1. “Net winnings” = payout on a resolved position minus the initial forecast amount minus our fee.

11.2. The referrer receives 1% of the referee’s net winnings for each resolved position. The referral payout may be reduced by the amount of gas.

11.3. Attribution — via referral link/code at initial wallet connection. Self-referral, mutual referrals, and network schemes are prohibited.

11.4. We may conduct reviews/deny accruals in case of suspicion, and we may change/suspend/terminate the program and/or introduce limits at our sole discretion (changes apply prospectively).

12. Intellectual property

12.1. The software, design, texts, market data, and other materials are the property of the Platform/licensors.

12.2. You are granted a limited revocable license for personal non-commercial use. Scraping/copying/distribution without permission is prohibited.

13. Disclaimers and limitation of liability

13.1. The Platform is provided “as is” / “as available” without any warranties. We do not guarantee uninterrupted operation, data accuracy, or absence of errors/vulnerabilities.

13.2. We do not provide investment, legal, or tax advice.

13.3. The maximum aggregate liability of the Platform to you for any claim is limited to the amount of your initial forecast for the relevant disputed position.

13.4. We are not liable for indirect/punitive damages, loss of profits, data loss, or acts of third parties/networks/devices/your actions.

14. Indemnification

14.1. You agree to indemnify us for losses/expenses/claims arising from your breach of these Terms or third-party rights.

15. Termination and changes

15.1. We may suspend/restrict/terminate access in case of violations, risks to the Platform, or for other security/operational reasons.

15.2. We may change the Terms by publishing a new version; continued use of the Platform constitutes acceptance of the changes.

16. Dispute resolution, governing law, and waiver of collective claims

16.1. Pre-arbitration procedure. Before initiating proceedings, you must send us a brief written notice of dispute to the contact details indicated on the Platform’s website, with a description of the issue and your contact details. If the dispute is not resolved within 30 (thirty) days, either party may commence arbitration (or file in small claims court under Section 16.4).

16.2. Mandatory individual arbitration. Any disputes, claims, or demands arising out of these Terms or in connection with the Service shall be finally resolved exclusively by individual arbitration administered by AAA/ICDR (American Arbitration Association / International Centre for Dispute Resolution) under the applicable rules (Consumer/Commercial, as the case may be). Seat/legal place of arbitration — New York, New York (USA); venue for hearings — New York, unless the parties agree otherwise in writing; language — English. The arbitrator’s award may be entered in any court of competent jurisdiction.

16.3. Waiver of collective and representative proceedings. Prohibited are: (i) class, group, consolidated, and representative actions or arbitrations; (ii) class arbitration; (iii) actions as a private attorney general. Each dispute is resolved only on an individual basis.

16.4. Small claims court (carve-out). Either party may bring an individual claim in small claims court if it falls within that court’s jurisdictional limits: (a) New York County Small Claims Court, or (b) an equivalent court at your place of residence (where such court exists).

16.5. Interim measures in support of arbitration. Either party may apply to the courts of the State of New York for interim/provisional measures in support of arbitration (including injunctive relief against fraud/abuse) pursuant to CPLR §7502(c), without waiving arbitration.

16.6. Costs and fees. To the maximum extent permitted by law, each party bears its own legal costs and attorneys’ fees, and the arbitrator shall not award fee/cost shifting except where such an award is expressly and mandatorily required by applicable law.

16.7. Mass arbitration filings. If 25 (twenty-five) or more similar notices/claims are filed by the same or coordinated representative, the parties agree to phased, batched proceedings with a limited number of pilot cases, reasonable staging, and a fair allocation of administrative fees/arbitrator compensation to prevent abuse and disproportionate costs. The administrator/arbitrator may set procedural frameworks, timelines, and cost-allocation models to ensure efficiency and proportionality.

16.8. Non-applicability/severability. If the waiver of collective/representative procedures (Section 16.3) is found invalid with respect to a specific claim, that claim shall be heard only in the state or federal courts of New York County, NY, and all other claims shall proceed in arbitration. If other provisions of the arbitration agreement are found invalid, the remainder stays in force.

16.9. Governing law and court for non-arbitrable disputes. These Terms and any non-arbitrable disputes are governed by the law of the State of New York (excluding its conflict-of-laws rules). Exclusive jurisdiction and venue for such disputes are the state and federal courts of New York County, NY, USA. The parties waive trial by jury to the extent permitted by law.

16.10. Right to opt out. You may opt out of the arbitration agreement (Sections 16.2–16.8) within 30 (thirty) days after first agreeing to these Terms by sending a letter to the contact details on the Platform’s website stating your account identifier and a clear statement of opt-out. The opt-out does not affect the remainder of the Terms.

16.11. Rights not subject to limitation. Nothing in this Section deprives you of mandatory consumer rights that cannot be excluded by contract in your jurisdiction; in such case, the provisions apply to the maximum permissible extent.

17. Limits on placement and withdrawal (Claim)

17.1. Establishment and display. The current limits for input and withdrawal (Claim) operations—including the minimum amounts for submitting a forecast and receiving funds, as well as other amount-based, frequency-based, daily, weekly, and monthly withdrawal limits—are set and displayed in the Platform interface and may be changed by the Platform at any time by updating the interface without separate notice; such changes apply prospectively and to operations initiated after publication.

17.2. Minimum forecast amount (input). The minimum amount required to place a position (submit a forecast) is set in the interface and may vary by market, period, user/wallet, or other factors. If no threshold is shown in the interface, no minimum threshold for submitting a forecast applies.

17.3. Minimum amount for withdrawal (Claim). The minimum amount to initiate a Claim is set in the interface and may vary by user/wallet, market, period, or other parameters. If no threshold is shown in the interface, no minimum threshold for Claim applies.

17.3.1. If, after deducting network fees (gas), the amount to be transferred is below the established minimum threshold, the Platform may reject the corresponding Claim or accumulate the amount until the threshold is reached.

17.4. Withdrawal limits (amount and frequency). The Platform may set and modify in the interface per-transaction, daily, weekly, monthly, and aggregate withdrawal (Claim) limits, including restrictions on the number or frequency of requests. When limits are reached or exceeded, a Claim may be rejected, partially fulfilled, or deferred.

17.5. Interface priority. In case of discrepancies between limits shown in the interface and information from any other sources, the limits displayed in the interface at the time the relevant operation is initiated prevail.

18. Claim Period and Unclaimed Funds

18.1. Claim period. The period for initiating a Claim for payouts accrued on resolved positions is set and displayed in the Platform interface and may be changed by the Platform at any time by updating the interface; such changes apply prospectively and to payouts accrued after publication of the updated period.

18.2. Default value. If the Claim period for payouts on positions is not shown in the interface, a default period of 36 (thirty-six) months applies from the date the relevant market is resolved and the payout is reflected in the user’s history.

18.3. Cancellation of unclaimed funds. Upon expiration of the applicable Claim period, unclaimed amounts may be canceled (expire) without any compensation and/or credited in favor of the Platform; the user waives any rights and claims in respect of such amounts.

18.4. Relationship with referral accruals. A special Claim-period rule applies to referral accruals as set out in the Referral Program Rules. In the event of any discrepancy, the shorter period applies.

18.5. Mandatory rules. If the mandatory law of your jurisdiction requires a different treatment of unclaimed amounts, the Platform will apply such treatment to the minimum necessary extent, without altering other provisions of these Terms.

18.6. Relationship with the withdrawal section. The provisions of this section apply in addition to the sections on “Fees and Claim” and “Limits on placement and withdrawal” and do not limit the amount/frequency limits displayed in the interface.

19. Miscellaneous

19.1. The invalidity of any provision does not affect the remainder. Failure to enforce a right is not a waiver.

19.2. Language of priority — English

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