Terms of Use
Last Updated: March 20, 2025
These Terms of Use ("Terms") are a legal agreement between you ("you") and Degentics ("we," "us," or "our"). They govern your use of the Degentics platform and services ("Services"), which let you create and trade digital assets like cryptocurrencies or tokens ("Digital Assets"). By using our Services, you agree to these Terms. If you don’t agree, don’t use them.
Risk Warning
Digital Assets can swing in value wildly. There’s a big risk of losing money when you buy, sell, or hold them. Make sure this fits your financial situation and risk tolerance. We’re not your advisor or broker—do your own research and consult experts. You’re responsible for any losses from your decisions.
1. What We Do
Degentics provides a platform for creating and trading Digital Assets. Using it binds you to these Terms.
2. Who Can Use It
You can use our Services if you:
- Are a person or entity with full authority to agree to these Terms.
- Are authorized to act for any entity you represent.
- Aren’t in a banned country (e.g., Cuba, Iran, North Korea, Syria, Russia, or places sanctioned by the US, UK, EU, or UN) or breaking any laws by using it.
We can change eligibility rules anytime, with or without notice if laws or urgent reasons require it.
3. Using the Platform
We can refuse or limit your access anytime, no explanation needed. Don’t post anything illegal, abusive, or misleading—doing so can get you banned.
4. Fees
The following are fees charged when you use the degentics.ai platform:
Action | Fee |
---|---|
Dev initial buy on agent tokens | 0.5% of total amount (in SOL) |
Buy or sell while on the bonding curve | 1.5% the total purchase or sale price each trade (in SOL) |
Agent graduation to Radyum | 6 SOL |
We can update fees anytime (see Section 14).
5. Records
We keep your data as needed for your use and to meet legal requirements (e.g., taxes, anti-money laundering rules).
6. Access
You need your own device (like a computer or phone) and internet. Bots or other methods we allow are fine, but extra terms may apply.
7. Transactions
If you act with bad intent (e.g., market manipulation) or there’s an obvious error, we can cancel transactions if legal. We might share your activity info if required by law or these Terms.
8. Instructions
Submit clear, accurate instructions—they’re final once sent. We don’t have to check them but can delay or refuse if suspicious. You authorize us to move Digital Assets per your instructions. Keep enough in your Wallet, or we can refuse.
9. Transaction Limits
We set limits at our discretion.
10. Security
Protect your gear and data—we’re not liable for losses from your failure to do so. Keep login info safe; we’ll never ask for passwords. Report breaches ASAP—we can investigate and share info to fix them.
11. Privacy
Our Privacy Policy explains how we handle your data—it’s part of these Terms.
12. Changes
We can tweak these Terms anytime. We’ll post updates on our site and try to notify you, but urgent changes (e.g., legal needs) might hit instantly. Keep using the Services, and you accept the updates. Stop if you don’t agree.
13. Ending or Limiting Use
We can stop or restrict your access anytime for reasons like:
- You’re ineligible.
- Suspected fraud or illegal use.
- Legal demands.
- Unpaid fees.
We’ll notify you when possible. Open transactions might close, and we can deduct fees from your Wallet.
14. Our IP
Our intellectual property ("Degentics IP"), like the platform and its content, stays ours. You get a limited, personal-use license until we end it.
15. Your IP
You give us a forever, free license to use your intellectual property ("User IP") if it’s part of created Digital Assets or needed for our Services.
16. Created IP
Anything you create here ("Created IP") becomes ours—you’ll help us secure it if asked.
17. Prohibited Uses
Don’t:
- Break these Terms or laws.
- Use it commercially without permission.
- Manipulate markets (e.g., pump and dump).
- Hack, spam, or overload it.
- Spread viruses or fake info.
18. Promises You Make
You confirm:
- You decide based on your own judgment.
- You’re allowed to use this and have all needed approvals.
- Your use won’t break laws or others’ rights (e.g., copyright).
19. Tech Disclaimer
The Services are "as is"—no guarantees of uptime or accuracy. We’re not liable for tech hiccups or third-party site issues. You handle your own gear and connection.
20. Your Liability
You cover our losses from your misuse, breaches, or third-party claims.
21. Our Liability
We’re only liable for intentional misconduct or fraud, capped at fees you paid for the issue-causing transaction. No special damages or third-party dispute liability.
22. Law & Disputes
English law applies unless local law says otherwise. Try resolving issues with us first (30 days). If not, send a "Notice of Claim" to our Support team with your Wallet ID, claim details, and relief sought, then arbitrate via the London Court of International Arbitration (LCIA) in London (English, one arbitrator). Start within a year, or it’s void. No class actions.
23. Contact
Reach us here. We’ll contact you using details you give us or via X.
24. General
- Obey all laws ("Applicable Law" means any relevant rules, regs, or orders).
- Notices are electronic and binding.
- Check our X for updates.
- No transfers without our OK; we can transfer freely.
- English version rules if translated.
- Unavoidable events (e.g., natural disasters, tech failures) excuse delays.
25. Wallets
If we offer a Wallet via our app, it’s run by Privy.io—not our responsibility.
Key Terms:
- Digital Assets: Cryptocurrencies, tokens, or similar digital items on blockchain tech.
- Wallet: Your digital asset storage connected to our platform.
- Degentics IP: Our platform, content, and related rights.
- User IP: Your content or rights you bring to the platform.
- Created IP: New stuff you make here that we own.