Terms of Service

Effective date: July 16, 2026

Welcome to V3R1. These Terms of Service (the “Terms”) are a binding agreement between you and the operator of V3R1 (“V3R1”, “we”, “us”, or “our”) governing your access to and use of the website at v3r1.app, our prediction market interface, smart contracts we deploy, and any related services (together, the “Service”). By creating an account, connecting a wallet, or otherwise using the Service, you agree to these Terms and to our Privacy Policy. If you do not agree, do not use the Service.

Important: the Service involves real money, blockchain transactions that cannot be reversed, and markets whose outcomes depend on judgment-based resolution. You can lose the entire amount you commit. Read Section 13 (Assumption of Risk), Section 15 (Limitation of Liability), and Section 17 (Arbitration and Class Action Waiver) carefully.

1. Eligibility

To use the Service you represent and warrant that:

  • you are at least 18 years old (or the age of majority where you live, if higher);
  • you have the legal capacity to enter into these Terms;
  • you are not located in, organized in, or a resident of any country or region subject to comprehensive sanctions, and you are not named on any sanctions or restricted-party list maintained by the United States (including the OFAC SDN list) or any other applicable authority;
  • your use of the Service is lawful in your jurisdiction. Prediction markets, real-money trading, and blockchain products are regulated differently around the world, and some jurisdictions restrict or prohibit them. You are solely responsible for determining whether your use of the Service is legal where you live, and the Service is void where prohibited;
  • you are acting for yourself and not on behalf of any third party.

We may refuse, restrict, suspend, or terminate access to the Service in any jurisdiction or for any person at our discretion, including where we believe use would violate law or expose us to legal risk.

2. What the Service is

V3R1 is a software interface to prediction markets that run on a smart contract deployed on the Base blockchain and settle in the USDC stablecoin. Markets pose yes/no questions about defined outcomes, primarily events in published fiction and fandom. Prices are set algorithmically by a constant-product automated market maker based on trading activity, not by us.

The website displays market information, mirrors public blockchain data, and helps you construct transactions. Every trade, pledge, redemption, refund, and claim is a blockchain transaction that you sign with your own wallet and that executes on the public Base network according to the smart contract’s code. We never take custody of your private keys and cannot reverse, modify, or recover transactions once they are confirmed on the blockchain.

Character Scores and similar statistics shown on the Service are derived, informational displays computed from market data. They are not tradable instruments, offers, or predictions by us, and they carry no monetary value.

3. No advice; no brokerage

Nothing on the Service is investment, financial, legal, tax, or gambling advice, or a recommendation to buy or sell anything. Content on the Service (including prices, scores, discussions, and user posts) is provided for information and entertainment. We do not act as your broker, agent, adviser, or fiduciary. You are solely responsible for evaluating every transaction you enter.

4. Wallets and self-custody

Using the money features of the Service requires a self-custodial wallet (for example MetaMask or Coinbase Wallet). Your wallet is yours: you are solely responsible for safeguarding seed phrases and private keys, for the security of the devices you use, and for every transaction signed with your keys. We have no ability to freeze, recover, or restore wallets or funds. Third-party wallet software is not part of the Service and is governed by its own terms.

5. Fees

The current fee schedule for on-chain actions is:

  • buys: 2% of the amount paid, taken before the swap (1% accrues to the market’s liquidity providers and 1% to the V3R1 treasury);
  • sells and winning redemptions: 3.5% of proceeds, paid to the V3R1 treasury;
  • refunds from voided or failed markets and funder liquidity claims: no V3R1 fee.

The fee parameters coded in the smart contract at the time your transaction executes control. We may change fees for future markets or future transactions with notice on the Service. You also pay network (gas) fees to the Base blockchain, which we do not set or receive.

6. Market lifecycle, resolution, disputes, and voiding

Each market states the question it poses and resolution criteria. Markets close for trading, then resolve. Resolution works as follows: a resolution outcome is proposed on-chain by V3R1’s resolver; a dispute window of at least 24 hours (currently 48 hours) follows, during which any user may file a dispute through the Service; after the window, the resolution can be executed and winners may redeem.

You acknowledge and agree that: (a) resolution requires judgment, and for markets about fiction it is based on officially published source material as described in the market’s criteria; (b) V3R1 decides outcomes, including whether disputes have merit, and may cancel and re-propose a resolution; (c) V3R1 may void a market (including after close) where the outcome is ambiguous, the premise fails, the criteria cannot be applied, or voiding is otherwise appropriate, in which case participants receive pro-rata refunds under the smart contract rather than a winning payout; and (d) resolution and voiding decisions made in good faith are final and binding. If you do not accept this resolution authority, do not trade.

7. Community funding

Some markets open through community funding: users pledge USDC to a proposed market, and the market activates only if the funding goal and minimum backer count are met by the deadline, with both sides funded. If funding fails, pledges are withdrawable in full under the smart contract. Pledges on activated markets convert to positions and funder liquidity as coded in the contract. Funding a market carries the same risks as trading, including total loss.

8. Accounts and security

Some features require an account. You agree to provide accurate information, keep your credentials confidential, and promptly notify us of suspected unauthorized use. You are responsible for activity under your account. We support and recommend two-factor authentication; if you enable it, store your recovery codes safely, because redeeming a recovery code removes the authenticator from your account. We may suspend or terminate accounts that violate these Terms, that we reasonably believe are compromised, fraudulent, or automated, or where required for legal or security reasons.

9. Prohibited conduct

You agree not to:

  • use the Service where or when it is unlawful for you to do so, or to evade sanctions, money-laundering, or other financial-crime laws;
  • manipulate markets, including wash trading, self-dealing across wallets, coordinated trading intended to distort prices, or trading on non-public knowledge of how a market will be resolved;
  • attack, exploit, or probe the smart contract, the website, or our infrastructure, including denial-of-service, injection, or draining attempts, whether or not “successful”;
  • use bots or scripts to abuse the Service (reasonable read-only API and RPC use is fine);
  • circumvent suspensions, bans, or access restrictions;
  • post content in discussions that is unlawful, infringing, defamatory, harassing, hateful, sexually explicit, spam, or that solicits or scams other users;
  • impersonate any person or misrepresent affiliation;
  • scrape or bulk-collect other users’ data, or use the Service to build a competing dataset of personal information;
  • infringe intellectual property rights.

We may investigate violations, remove content, suspend accounts, block wallets from the interface, and report unlawful activity to authorities. Because blockchain positions are held by your wallet, interface-level enforcement does not modify the smart contract’s on-chain rules.

10. User content

You retain ownership of content you post (discussions, theories, replies, usernames). You grant V3R1 a worldwide, non-exclusive, royalty-free license to host, store, display, reproduce, and distribute that content as needed to operate, promote, and improve the Service. You are solely responsible for your content, and you represent that you have the rights to post it. We may remove or moderate content at our discretion, but we have no obligation to review content and are not responsible for what users post. Opinions in user content are the authors’ own.

11. Affiliate program

V3R1 may grant selected users access to an affiliate program that accrues rewards based on fees from referred activity (currently 1% of referred buy volume). Affiliate access is discretionary and may be modified, paused, or revoked at any time. Rewards are provisional until paid, payouts are processed manually and may require additional verification, and self-referrals, spam, misleading promotion, and referral of prohibited users forfeit rewards. Affiliates are independent parties, not our employees, agents, or partners, and must not make claims on our behalf.

12. Intellectual property and fan-content notice

The Service, including its software, design, branding, and original content, is owned by or licensed to V3R1 and protected by intellectual property laws. We grant you a limited, revocable, non-exclusive, non-transferable license to use the Service as intended by these Terms. The V3R1 smart contract source is published for transparency; no other rights are granted.

V3R1 is an unofficial fan platform. We are not affiliated with, endorsed by, or sponsored by Eiichiro Oda, Shueisha Inc., Toei Animation, or any publisher, studio, or licensor of One Piece or any other franchise referenced on the Service. Character names and franchise references are used only to identify the subjects of markets and commentary. All third-party trademarks and copyrighted works remain the property of their respective owners. Markets concern the outcomes of published events and do not reproduce the underlying works.

If you are a rights holder and believe content on the Service infringes your rights, contact us at captainv3r1@proton.me with: (a) identification of the work claimed to be infringed; (b) identification and location of the allegedly infringing material; (c) your contact information; (d) a statement of good-faith belief that the use is unauthorized; and (e) a statement, under penalty of perjury, that the information is accurate and you are authorized to act for the rights holder. We respond to valid notices, including by removing content and terminating repeat infringers.

13. Assumption of risk

You acknowledge and accept, and agree that you bear, all of the following risks:

  • total loss: amounts you trade, pledge, or otherwise commit can be lost entirely, and positions can become worthless;
  • smart contract risk: contracts can contain bugs or be exploited, and deposited funds can be lost as a result. The V3R1 contract has been tested but no code is guaranteed defect-free, and we do not promise that any audit eliminates risk;
  • blockchain risk: transactions are irreversible; the Base network, RPC providers, or USDC itself can suffer outages, congestion, forks, de-pegging, or failures beyond our control;
  • market risk: prices move with other users’ trading, can be volatile and illiquid, and the price you receive can differ from the price displayed (slippage);
  • resolution risk: outcomes depend on the interpretation of resolution criteria and source material, markets can be voided, and resolution decisions are final;
  • regulatory risk: laws applicable to prediction markets and digital assets are evolving and could adversely affect the Service or your ability to use it, up to and including discontinuation;
  • counterparty and technology risk from third parties we do not control, including wallets, exchanges, data providers, and hosting.

Never commit funds you cannot afford to lose.

14. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, AVAILABILITY, OR UNINTERRUPTED OR ERROR-FREE OPERATION. WE DO NOT WARRANT THAT MARKET DATA, PRICES, SCORES, OR ANY OTHER INFORMATION DISPLAYED IS ACCURATE, COMPLETE, OR CURRENT, THAT DEFECTS WILL BE CORRECTED, OR THAT THE SERVICE OR SMART CONTRACT IS FREE OF VULNERABILITIES. WE MAY CHANGE, SUSPEND, OR DISCONTINUE ANY PART OF THE SERVICE AT ANY TIME. IF WE DISCONTINUE THE SERVICE, WE WILL USE COMMERCIALLY REASONABLE EFFORTS TO ALLOW OPEN MARKETS TO SETTLE OR BE VOIDED SO FUNDS CAN BE WITHDRAWN, BUT ONGOING OPERATION IS NOT GUARANTEED. SOME JURISDICTIONS DO NOT ALLOW CERTAIN WARRANTY EXCLUSIONS, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU.

15. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW: (A) IN NO EVENT WILL V3R1, ITS OPERATOR, OR ANYONE WORKING ON THE SERVICE BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR LOST PROFITS, LOST FUNDS OR POSITIONS, LOSS OF DATA, OR LOSS OF GOODWILL, ARISING FROM OR RELATING TO THE SERVICE, EVEN IF ADVISED OF THE POSSIBILITY; (B) WE ARE NOT LIABLE FOR LOSSES CAUSED BY THE BLOCKCHAIN OR ITS PARTICIPANTS, SMART CONTRACT EXPLOITS OR BUGS, YOUR WALLET OR KEYS, THIRD-PARTY SERVICES, MARKET OUTCOMES, OR RESOLUTION AND VOIDING DECISIONS MADE IN GOOD FAITH; AND (C) OUR TOTAL AGGREGATE LIABILITY FOR ALL CLAIMS RELATING TO THE SERVICE WILL NOT EXCEED THE GREATER OF ONE HUNDRED U.S. DOLLARS (US$100) OR THE PLATFORM FEES YOU PAID TO THE V3R1 TREASURY IN THE TWELVE (12) MONTHS BEFORE THE EVENT GIVING RISE TO THE CLAIM. SOME JURISDICTIONS DO NOT ALLOW CERTAIN LIMITATIONS, SO SOME OF THE ABOVE MAY NOT APPLY TO YOU; IN THAT CASE LIABILITY IS LIMITED TO THE FULLEST EXTENT PERMITTED.

16. Indemnification

You agree to defend, indemnify, and hold harmless V3R1 and its operator from and against any claims, damages, liabilities, losses, and expenses (including reasonable attorneys’ fees) arising from or related to: your use of the Service; your violation of these Terms or of any law; your content; your taxes; or your violation of any third party’s rights. We may assume the exclusive defense of any matter subject to indemnification, in which case you agree to cooperate.

17. Dispute resolution: binding arbitration and class action waiver

Please read this section carefully. It affects your legal rights, including your right to file a lawsuit in court and to have a jury trial.

Informal resolution first: before filing any claim, you agree to contact us at captainv3r1@proton.me with a written description of the dispute and give us 60 days to work toward resolution.

Arbitration: any dispute, claim, or controversy arising out of or relating to these Terms or the Service that is not resolved informally will be settled by binding arbitration administered by the American Arbitration Association under its Consumer Arbitration Rules, before a single arbitrator, rather than in court. The arbitration will be conducted in English, and may proceed remotely (by videoconference or on written submissions) unless the arbitrator decides an in-person hearing is required, in which case venue will be Delaware, USA or another location the parties agree to. The arbitrator has exclusive authority to resolve disputes about the interpretation or enforceability of this section, and judgment on the award may be entered in any court of competent jurisdiction.

Class action and jury waiver: all claims must be brought in the parties’ individual capacity, not as a plaintiff or class member in any purported class, collective, consolidated, or representative proceeding. The arbitrator may not consolidate claims or preside over any form of representative proceeding. YOU AND V3R1 EACH WAIVE THE RIGHT TO A TRIAL BY JURY AND TO PARTICIPATE IN A CLASS ACTION.

Exceptions: either party may bring an individual claim in small-claims court, and either party may seek injunctive or equitable relief in court for actual or threatened infringement or misuse of intellectual property or for unauthorized access to the Service.

Opt-out: you may opt out of this arbitration agreement by emailing captainv3r1@proton.me within 30 days of first accepting these Terms, stating your account email and that you opt out of arbitration. Opting out does not affect any other part of these Terms.

18. Governing law

These Terms and any dispute arising from them or the Service are governed by the laws of the State of Delaware, USA, without regard to conflict-of-laws principles, except that the Federal Arbitration Act governs Section 17. For matters not subject to arbitration, you and V3R1 consent to the exclusive jurisdiction and venue of the state and federal courts located in Delaware, USA. Nothing in this section deprives you of mandatory consumer protections of the place where you live.

19. Taxes

You are solely responsible for determining, reporting, and paying all taxes, duties, and assessments that apply to your activity on the Service, including on any trading gains or rewards. We do not provide tax advice or withhold taxes, and we may report where required by law.

20. Changes to the Service and these Terms

We may update these Terms from time to time. Material changes will be announced on the Service (and, where appropriate, by email) with an updated effective date. Changes apply prospectively. Your continued use of the Service after changes take effect constitutes acceptance; if you do not agree, stop using the Service. We may also add, change, or remove features of the Service at any time.

21. Termination

You may stop using the Service and close your account at any time. We may suspend or terminate your access to the Service (in whole or in part) at any time for violation of these Terms, legal or security reasons, or discontinuation of the Service. Because your positions live on the blockchain, termination of website access does not by itself confiscate on-chain positions; the smart contract’s rules continue to govern settlement, redemption, and refunds. Sections that by their nature should survive termination (including Sections 10, 12 through 19, and 22) survive.

22. Miscellaneous

These Terms, together with the Privacy Policy and any market-specific rules displayed on the Service, are the entire agreement between you and V3R1 about the Service. If any provision is held unenforceable, it will be modified to the minimum extent necessary and the rest remains in effect, except that if the class action waiver is held unenforceable, Section 17 is void. Our failure to enforce a provision is not a waiver. You may not assign these Terms; we may assign them in connection with a reorganization or transfer of the Service. We are not liable for delays or failures caused by events beyond our reasonable control, including blockchain outages, acts of God, war, labor disputes, governmental action, and failures of third-party infrastructure. Nothing in these Terms creates a partnership, joint venture, employment, or agency relationship.

23. Contact

Questions about these Terms: captainv3r1@proton.me. Legal notices to V3R1 must be sent to that address and are effective on receipt.

Also see the Privacy Policy.