Terms of Service

1. Introduction

These Terms of Service ("Terms") govern your access to and use of the services provided by Simplytao Inc. ("Company," "we," "our," or "us"), a corporation registered in the Republic of Panama under the laws of Panama. Our services include our website, mobile applications, and platform (collectively, the "Services") operating within the Bittensor ecosystem for trading subnet tokens.

By accessing or using our Services, you agree to be bound by these Terms, as amended from time to time. If you do not agree with any part of these Terms, you must not access or use the Services.

2. Definitions

• SimplyTAO: Refers to the ecosystem comprising SimplyTAO websites (e.g., https://simplytao.ai), mobile applications, clients, applets, and other applications developed to offer SimplyTAO Services, including independently operated platforms within the ecosystem.
• SimplyTAO Operators: All parties that operate SimplyTAO, including legal persons, unincorporated organizations, and teams responsible for providing Services.
• SimplyTAO Services: Services provided by SimplyTAO based on Internet and blockchain technologies, including subnet token trading, account management, and related functionalities.
• Subnet Tokens: Digital assets built on the Bittensor blockchain, tradable through the Services.
• User: Any individual or entity accessing or using the Services.

3. Eligibility and Acceptance

3.1. You represent and warrant that:

• You are at least 18 years of age and have full legal capacity to enter into these Terms.
• You are not a resident, citizen, or entity incorporated in a Restricted Jurisdiction.
• Your use of the Services complies with all applicable laws and regulations in your jurisdiction.
• You have not been previously suspended or banned from using the Services.

3.2. By registering an account or using the Services, you accept these Terms in their entirety. If you do not meet these eligibility criteria, you must immediately cease using the Services.

3.3. We reserve the right to modify these Terms at our sole discretion. Updates will be posted on our website, and continued use of the Services constitutes acceptance of the revised Terms.

3.4. Per Panama's Law No. 45 of 2007, you have the right to revoke your agreement to these Terms within 3 business days from account creation or service initiation, by contacting support@simplytao.ai.

4. Services and User Obligations

4.1. Scope of Services:

SimplyTAO provides a platform for trading subnet tokens within the Bittensor ecosystem. We do not act as a principal in buying or selling digital assets but facilitate peer-to-peer trading.

• Users may browse real-time market and transaction information, submit trading instructions, and complete transactions.
• Users may access account information and utilize platform functions, subject to restrictions based on jurisdiction or account status.

4.2. User Responsibilities:

• Provide accurate, current, and complete information during account creation and maintain updated information.
• Safeguard your account credentials and restrict unauthorized access. You are responsible for all activities under your account.
• Notify Simplytao Inc. immediately of any suspected security breaches or unauthorized access at support@simplytao.ai.
• Comply with all applicable laws, including tax, AML, and CTF regulations.

4.3. We may modify the content, type, or form of Services at our discretion without prior notice.

4.4. To comply with Panama's Law No. 23 of 2015, we may require you to provide additional identification or documentation for KYC/AML purposes. Failure to provide such information may result in account suspension or termination.

5. Fees and Charges

5.1. Fees for using the Services are detailed at https://simplytao.ai/fees. We reserve the right to adjust fees at our discretion, with updates posted on our website.

5.2. Upon termination of your account, you must withdraw all assets within 90 days. A monthly custodian fee of 5% of the remaining assets may be charged thereafter until the balance is zero, at which point the account may be closed.

5.3. You are responsible for all taxes arising from your transactions, and Simplytao Inc. may withhold taxes as required by applicable law, including Panama's tax regulations.

6. Risk Disclosure

6.1. Trading subnet tokens involves significant risks, including:

• High price volatility and potential for substantial losses.
• Limited liquidity, which may prevent selling or exiting positions.
• Technological risks, such as hacks, protocol failures, or smart contract vulnerabilities.
• Regulatory changes that may affect token value or usability.

6.2. You acknowledge that Simplytao Inc. does not provide investment, financial, legal, or tax advice, and you are solely responsible for assessing the suitability of transactions.

7. Limitation of Liability

7.1. The Services are provided "as is" and "as available" without warranties of accuracy, completeness, or fitness for a particular purpose.

7.2. To the fullest extent permitted by law, Simplytao Inc. shall not be liable for any direct, indirect, incidental, or consequential damages arising from:

• Use or inability to use the Services.
• Unauthorized access, data breaches, or loss of assets.
• Errors, delays, or interruptions in service.
• Actions of third parties, including service providers or blockchain networks.

8. Dispute Resolution

8.1. These Terms are governed by the laws of the Republic of Panama.

8.2. Any disputes arising from these Terms shall be resolved through arbitration in Panama City, Panama, under the rules of the Panama Conciliation and Arbitration Center. The arbitration shall be conducted in English, and the decision shall be final and binding.