Terms of Service
Last Updated: January 20, 2025
Important Notice
Please read these Terms of Service carefully before using YesOrNo. By accessing or using our platform, you agree to be bound by these terms.
1. Acceptance of Terms
By accessing and using YesOrNo ("the Platform"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to these Terms of Service, you should not use the Platform.
2. Description of Service
YesOrNo is a decentralized prediction market platform that allows users to create, trade, and settle prediction markets on various real-world events. The platform utilizes blockchain technology and smart contracts on Polygon and Ethereum Layer 2 networks.
Our services include but are not limited to:
- Creating prediction markets using AIGC tools
- Trading on existing prediction markets
- Managing digital assets and positions
- Participating in the $YN token ecosystem
- Accessing market analytics and data
3. User Eligibility
To use YesOrNo, you must:
- Be at least 18 years of age
- Have the legal capacity to enter into binding contracts
- Not be located in a jurisdiction where prediction markets are prohibited
- Comply with all applicable local, state, national, and international laws
4. Account Registration
You may need to create an account to access certain features. You agree to:
- Provide accurate, current, and complete information
- Maintain and update your information
- Keep your account credentials secure
- Accept responsibility for all activities under your account
- Notify us immediately of any unauthorized use
5. Trading and Market Creation
When creating or trading on prediction markets:
- All trades are final and cannot be reversed
- Market creators earn 2.5% of trading fees
- Markets must comply with our content guidelines
- We reserve the right to remove markets that violate terms
- Settlement is based on predetermined resolution criteria
6. Fees and Payments
YesOrNo charges fees for certain transactions:
- Trading fees as displayed on the platform
- Network gas fees for blockchain transactions
- Withdrawal fees for fiat currency conversions
All fees are subject to change with prior notice.
7. Intellectual Property
All content on YesOrNo, including text, graphics, logos, and software, is the property of YesOrNo or its licensors and is protected by intellectual property laws.
8. Prohibited Activities
You agree not to:
- Manipulate markets or engage in fraudulent activities
- Use bots or automated trading without authorization
- Create markets on illegal activities
- Violate any applicable laws or regulations
- Interfere with the platform's operation
- Attempt to gain unauthorized access to systems
9. Disclaimers and Limitations of Liability
THE PLATFORM IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. We do not guarantee:
- Uninterrupted or error-free service
- Accuracy of market outcomes
- Security of funds (though we implement industry-standard measures)
- Availability of specific features
YesOrNo shall not be liable for any indirect, incidental, or consequential damages arising from your use of the platform.
10. Indemnification
You agree to indemnify and hold harmless YesOrNo and its affiliates from any claims, damages, or expenses arising from your use of the platform or violation of these terms.
11. Changes to Terms
We reserve the right to modify these terms at any time. We will notify users of significant changes via email or platform notification. Continued use of the platform after changes constitutes acceptance of the new terms.
12. Termination
We may terminate or suspend your account at any time for violations of these terms or for any other reason. You may also terminate your account at any time.
13. Governing Law
These terms shall be governed by and construed in accordance with the laws of the jurisdiction in which YesOrNo is registered, without regard to conflict of law provisions.
14. Contact Information
For questions about these Terms of Service, please contact us at:
Email: legal@yesorno.com
Email: legal@yesorno.com