Terms of Use

Welcome to Predik ("the Platform"), a decentralized prediction market platform operating on Base using Yellow Network for gasless trading.

By accessing or using Predik, you accept these Terms of Use, which are binding for any user of the Platform and underlying smart contracts.

1. Nature of Service

Predik is a prediction market platform that uses smart contracts deployed on Base and Yellow Network state channels for gasless trading. Predik operates non-custodially: you maintain control of your funds at all times through your wallet.

2. Acceptance of Terms

By using this Platform, you confirm that you have read, understood, and accepted these Terms of Use. If you do not agree, you must refrain from using the Platform.

3. Eligibility

To use Predik, you represent and warrant that:

• You are at least 18 years old.
• You have the legal capacity to enter into contracts in your jurisdiction.
• You are not located in any of the restricted jurisdictions:
  • Bahamas
  • Botswana
  • British Virgin Islands
  • Cambodia
  • Cayman Islands
  • North Korea
  • France
  • Iran
  • Libya
  • Ontario (Canada)
  • Somalia
  • Sudan
  • Syria
  • Singapore
  • Switzerland
  • Trinidad and Tobago
  • United States of America
  • Zimbabwe
• You comply with all applicable laws and regulations in your jurisdiction.
• You do not use VPN or other means to circumvent geographic restrictions.

4. Associated Risks

The use of decentralized prediction markets carries significant risks, including but not limited to: total loss of funds, price volatility, smart contract failures, and regulatory changes. You assume all risks associated with using the Platform.

5. Limitation of Liability

Predik and its developers:

• Are not responsible for losses arising from transactions on Base or interactions with smart contracts.
• Do not guarantee the availability, accuracy, or continuous operation of the Platform.
• Provide the service "as is" and "as available", without warranties of any kind.

6. Intellectual Property

The content of Predik, including text, graphics, logos, and software, is the property of Predik or its licensors. Unauthorized reproduction is prohibited.

7. Underlying Technology

Predik uses Yellow Network for gasless trading via state channels, and smart contracts on Base for settlement and market resolution. Funds remain under your control at all times.

8. Modifications

We reserve the right to modify these Terms at any time. Changes will be effective upon posting on the Platform. Continued use constitutes acceptance of the new terms.

9. Contact

For inquiries related to these Terms, you may contact us at support@predik.io.