Terms of Service

1. Acceptance of Terms

By accessing or using Open Whale ("the Service"), you agree to be bound by these Terms of Service. If you do not agree to these terms, please do not use the Service.

2. Description of Service

Open Whale is a prediction market platform that allows users to create, trade, and settle prediction markets. The platform uses virtual currency (tOWAI) for educational and entertainment purposes.

3. Virtual Currency

tOWAI tokens are virtual currency with no real-world monetary value. They cannot be redeemed, exchanged, or withdrawn for real currency. tOWAI is used solely for participation in prediction markets, competitions, and leaderboards on the platform.

4. User Conduct

You agree not to:

• Create markets with misleading or unresolvable questions
• Manipulate markets through coordinated trading
• Use automated systems to gain unfair advantages
• Harass or harm other users
• Violate any applicable laws or regulations

5. Market Resolution

Markets are resolved by Open Whale administrators based on publicly verifiable information. Resolution decisions are final. We strive for accuracy and fairness in all resolutions.

6. Disclaimer

The Service is provided "as is" without warranties of any kind. Open Whale LLC is not responsible for any losses incurred through use of the platform. Predictions made on the platform are for entertainment purposes only and should not be considered financial advice.

7. Changes to Terms

We reserve the right to modify these terms at any time. Continued use of the Service after changes constitutes acceptance of the new terms.

8. Contact

For questions about these Terms of Service, please contact us through our official channels.