Terms of Service

1. Overview of the Services

headline.bet is a mobile application that pairs news stories with prediction markets. Through the App, you can:

• Read curated news stories related to current events.
• View prediction markets operated by Polymarket, a third-party platform.
• Place trades (buy and sell outcome shares) on Polymarket markets.
• Deposit and withdraw funds using third-party payment providers.

headline.bet is a third-party client for Polymarket. We do not create, operate, or control prediction markets. We do not set prices, odds, or outcomes. We do not match buyers and sellers. We do not hold your funds. All trades are executed directly on the Polymarket platform using its Central Limit Order Book (CLOB).

2. Eligibility

To use the Services, you must:

• Be at least 18 years of age (or the age of majority in your jurisdiction, whichever is higher).
• Not be a resident of any jurisdiction where access to prediction markets is prohibited by law.
• Not be located in, or a national or resident of, any country subject to international sanctions (including, but not limited to, those administered by the United States Office of Foreign Assets Control).
• Be capable of forming a binding legal agreement.

By using the Services, you represent and warrant that you meet all eligibility requirements.

3. Account Registration

To access the full functionality of the App, you must create an account. You may register using email, Google, Apple, or X/Twitter authentication. You agree to:

• Provide accurate and complete information during registration.
• Keep your account credentials secure and confidential.
• Notify us promptly of any unauthorised use of your account.

You are solely responsible for all activity that occurs under your account.

4. Wallet and Custody

4.1 Non-Custodial Wallet

When you create an account, a cryptographic wallet is generated on your device. Your private key is:

• Generated locally on your device.
• Stored in your device's secure enclave (iOS Keychain / Android Keystore).
• Encrypted and backed up to enable multi-device access.

You are the sole custodian of your wallet and funds. We do not have access to your unencrypted private key during normal operations. We cannot reverse transactions, recover lost funds, or freeze your wallet.

4.2 Private Key Export

You may export your raw private key at any time through the App's Settings. We strongly recommend that you back up your private key securely. If you lose access to your account and your devices, we may not be able to recover your wallet.

4.3 Smart Contract Wallet

Your in-app wallet is a Safe smart contract wallet on the Polygon network. The wallet address is derived deterministically from your private key. All funds, positions, and transactions are held in and executed through this smart contract wallet.

5. Trading

5.1 Third-Party Platform

All trades placed through the App are executed on Polymarket. By placing a trade, you are interacting directly with Polymarket's infrastructure. Polymarket's own terms of service and rules govern market resolution, order execution, and settlement. We encourage you to review Polymarket's terms before trading.

5.2 No Financial Advice

Nothing in the Services constitutes financial advice, investment advice, trading advice, or any other form of professional advice. We do not recommend, endorse, or express opinions on the outcome of any prediction market. All trading decisions are yours alone.

5.3 Risk of Loss

Prediction market trading involves substantial risk. You may lose some or all of the funds you deposit. Outcome share prices can fluctuate, and markets may resolve against your position. Past performance does not guarantee future results. Only trade with funds you can afford to lose.

5.4 Market Risk Factors

You acknowledge and accept the following risks:

• Market risk: Prices of outcome shares may move against your position.
• Liquidity risk: You may not be able to sell your position at a desired price or at all.
• Resolution risk: Markets are resolved by Polymarket according to their resolution rules. We have no control over or influence on market resolution.
• Smart contract risk: The underlying smart contracts on Polygon may contain bugs or vulnerabilities.
• Regulatory risk: The legal status of prediction markets varies by jurisdiction and may change.
• Blockchain risk: Transactions on the Polygon network are irreversible. Network congestion or outages may delay transactions.

6. Fees

6.1 Service Fee

We charge a service fee of 0.5% on trades executed through the App. This fee is applied to both buy and sell transactions and is collected as a separate on-chain transaction at the time of trade execution.

6.2 Third-Party Fees

Additional fees may be charged by third parties, including:

• Polymarket: May charge its own fees on certain markets.
• Payment providers: MoonPay, Coinbase, and other payment partners may charge fees for deposits and withdrawals. These fees are set by the respective provider and are displayed before you confirm a transaction.
• Network fees: Blockchain transactions on the Polygon network may incur gas fees, though these are typically negligible.

6.3 Fee Disclosure

Full details of our fee structure are available in the App under Settings. We reserve the right to change our fee structure with reasonable notice.

7. Deposits and Withdrawals

7.1 Deposits

You may fund your in-app wallet using:

• Fiat currency (via integrated payment providers such as MoonPay or Coinbase).
• Cryptocurrency (by sending USDC to your wallet address on the Polygon network).

Fiat deposits are processed by third-party payment providers under their own terms, including their identity verification (KYC) requirements.

7.2 Withdrawals

You may withdraw funds from your in-app wallet:

• As cryptocurrency by transferring USDC from your wallet to any compatible address.
• As fiat currency via supported off-ramp providers, where available.

Processing times for deposits and withdrawals vary depending on the method and provider. We are not responsible for delays caused by third-party providers, payment processors, or blockchain network conditions.

7.3 No Liability for Third-Party Services

We are not responsible for the availability, performance, or conduct of third-party payment providers. Any disputes regarding deposits or withdrawals processed by third-party providers should be directed to the respective provider.

8. Prohibited Uses

You agree not to use the Services to:

• Violate any applicable law or regulation.
• Engage in fraud, money laundering, or any other financial crime.
• Manipulate markets or engage in wash trading.
• Attempt to gain unauthorised access to our systems or other users' accounts.
• Use automated systems (bots, scripts, or similar tools) to interact with the Services without our written permission.
• Use the Services if you are located in a jurisdiction where prediction markets are prohibited.
• Circumvent any access restrictions, including geographic restrictions.
• Interfere with or disrupt the integrity or performance of the Services.

We reserve the right to suspend or terminate your account if we reasonably believe you have engaged in any prohibited use.

9. Intellectual Property

All content, branding, design, software, and technology comprising the Services (excluding third-party content, news articles, and Polymarket market data) is owned by or licensed to Crypto Forest UAB. You may not copy, modify, distribute, or create derivative works from our intellectual property without our prior written consent.

News content displayed in the App is sourced from third-party publishers and is presented under applicable fair use or licensing terms. Market data is provided by Polymarket.

10. Disclaimers

10.1 “As Is” Basis

The Services are provided on an “as is” and “as available” basis. To the fullest extent permitted by law, we disclaim all warranties, whether express, implied, or statutory, including warranties of merchantability, fitness for a particular purpose, and non-infringement.

10.2 No Guarantee of Availability

We do not guarantee that the Services will be available at all times, uninterrupted, secure, or error-free. We may suspend or discontinue the Services at any time without notice.

10.3 Third-Party Services

We do not control and are not responsible for the services, content, or practices of Polymarket, payment providers, or any other third party. Your use of third-party services is at your own risk and subject to their respective terms.

10.4 Regulatory Status

Prediction markets traded on Polymarket are event contracts regulated as commodity derivatives in certain jurisdictions. The regulatory classification of prediction markets varies by jurisdiction and may change. We make no representations about the legal status of prediction markets in your jurisdiction. It is your responsibility to ensure that your use of the Services complies with all applicable laws.

11. Limitation of Liability

To the fullest extent permitted by applicable law, Crypto Forest UAB and its officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, funds, data, or goodwill, arising out of or in connection with your use of the Services.

Our total aggregate liability for all claims arising out of or relating to these Terms or the Services shall not exceed the total amount of service fees paid by you to us in the twelve (12) months preceding the event giving rise to the liability, or one hundred euros (€100), whichever is greater.

This limitation applies regardless of the theory of liability (contract, tort, strict liability, or otherwise) and even if we have been advised of the possibility of such damages.

Nothing in these Terms excludes or limits liability that cannot be excluded or limited under applicable law, including liability for fraud or wilful misconduct.

12. Indemnification

You agree to indemnify, defend, and hold harmless Crypto Forest UAB and its officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to: (a) your use of the Services; (b) your violation of these Terms; (c) your trading activity; or (d) your violation of any applicable law or the rights of any third party.

13. Modifications to the Services and Terms

13.1 Services

We reserve the right to modify, suspend, or discontinue any aspect of the Services at any time, including adding or removing features, changing supported markets or payment methods, or adjusting fee structures.

13.2 Terms

We may update these Terms from time to time. We will notify you of material changes by posting the updated Terms on the Website and via in-app notification. The “Last updated” date at the top indicates the date of the latest revision. Your continued use of the Services after the effective date of any changes constitutes your acceptance of the updated Terms. If you do not agree with the updated Terms, you must stop using the Services.

14. Termination

14.1 By You

You may stop using the Services and delete your account at any time through the App settings. Before deleting your account, we recommend that you close any open positions and withdraw your funds. Deleting your account does not automatically withdraw your funds — your wallet and any remaining balance will still exist on the blockchain, and you can access them using your exported private key.

14.2 By Us

We may suspend or terminate your access to the Services at any time if we reasonably believe you have violated these Terms, engaged in prohibited activities, or if required by law. Where possible, we will provide notice before termination. In the event of termination, you retain the ability to access your funds using your private key (if previously exported).

15. Governing Law and Dispute Resolution

These Terms are governed by and construed in accordance with the laws of the Republic of Lithuania, without regard to its conflict of laws principles.

Any disputes arising out of or relating to these Terms or the Services shall first be attempted to be resolved through good-faith negotiation. If the dispute cannot be resolved amicably within 30 days, it shall be submitted to the competent courts of the Republic of Lithuania.

Nothing in this section prevents you from exercising any rights you may have under mandatory consumer protection laws in your jurisdiction of residence.

16. General Provisions

• Entire Agreement: These Terms, together with the Privacy Policy, constitute the entire agreement between you and Crypto Forest UAB regarding the Services.
• Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions shall continue in full force and effect.
• Waiver: Our failure to enforce any provision of these Terms shall not constitute a waiver of that provision.
• Assignment: You may not assign your rights or obligations under these Terms without our prior written consent. We may assign our rights and obligations without restriction.
• No Agency: Nothing in these Terms creates a partnership, joint venture, or agency relationship between you and us.

17. Geographic Availability

The Services are not guaranteed to be available or appropriate for use in all jurisdictions. Access to certain features, including prediction market trading, may be limited or unavailable depending on your location.

We do not represent or warrant that the Services comply with the laws of any particular jurisdiction. You are solely responsible for determining whether your access to and use of the Services is lawful in your jurisdiction, and you agree to comply with all applicable local, national, and international laws and regulations.

We reserve the right to limit, suspend, or restrict access to the Services in any jurisdiction at any time, without notice, for any reason, including compliance with applicable laws or third-party requirements.

18. Contact Us

For questions or concerns about these Terms:

Crypto Forest UAB
Email: hello@headline.bet
Support: support@cryptoforest.eu