TERMS & CONDITIONS (Terms of Service)

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.

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

2.2. The Platform is not available to persons located in, or resident of, a Restricted Jurisdiction. The current list of Restricted Jurisdictions is published at foresee.events/restricted and forms part of these Terms. We may update that list at any time, and the version in force at the moment you access the Platform applies. We may use technical means, including IP-based geolocation, to verify your location.

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

2.4. If you are located in a Restricted Jurisdiction you may not place new forecasts. We will not cancel or confiscate winnings on positions that were already settled, or that were placed before your jurisdiction was added to the list.

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.

4.1. 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.

5.1. Settlement is performed in USDT on the Polygon network, and transactions are irreversible. Network fees (gas) for operations inside the Platform — placing a forecast and claiming winnings — are paid by the Platform. You do not need POL or MATIC to use Foresee. Fees charged outside the Platform, for example by an exchange or by your own wallet when you move funds, are not ours and remain your responsibility.

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

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.

6.4. Creating a market costs $1. If moderation asks for changes, you may edit and resubmit at no additional cost. If a market is rejected outright, the fee is not returned. You may create markets after you have placed 5 forecasts.

7.1. How an outcome is determined depends on who created the market. (a) Markets created by the Platform, including sports, are resolved automatically from independent data providers via API. (b) Markets created by users are resolved by Foresee moderation. (c) Markets created by a Trusted Partner are resolved by that partner, who declares the source of the outcome when the market is published and may rely only on that source at resolution.

7.2. Resolution criteria and sources are shown on the market page. In case of ambiguity, impossibility of verification, or data errors, we may delay resolution or void the market and return funds for the affected positions.

7.3. For markets resolved by a Trusted Partner, participants on the losing side may dispute the declared outcome within the window shown in the interface. A dispute suspends the payout until Foresee has reviewed the declared outcome against the published source. We then either uphold the outcome or void the market and refund all participants equally.

7.4. Outside the dispute procedure in 7.3, our resolution decision is final. The maximum compensation for affected positions is a refund of your initial forecast amount.

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.

9.1. 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.

10.1. 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.

11.1. “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).

12.1. 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.

13.1. 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.

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

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.

16.1. 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.

17.1. 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. Winnings on resolved positions are paid in full, and no network cost is deducted from them. Referral and creator rewards are paid from the Platform's own funds, and the amount transferred may be reduced by the applicable network cost as shown in the interface. If after that reduction the amount is below the minimum threshold, the Platform may defer the transfer and 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.

18.1. Winnings on resolved positions. Payouts on resolved positions are held by the smart contract and belong to you. They do not expire and are not subject to cancellation by the Platform.

18.2. Rewards paid from Platform funds. Referral rewards are available for Claim for 12 (twelve) months from the date of accrual. Creator rewards are available for Claim for 6 (six) months from the date of accrual. After the applicable period, unclaimed rewards may be cancelled without compensation. The applicable periods are shown in the interface.

18.3. 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.

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