Terms of Use - Alphacraft DAO

1. Introduction

Welcome to Alphacraft DAO. These Terms of Use (Terms) govern your access to and use of the Alphacraft DAO website and decentralized application (collectively referred to as the Services). By accessing or using our Services, you agree to be bound by these Terms, our Privacy Policy, and any other applicable policies (collectively, the Agreement). If you do not agree to these Terms, you must not use the Services.

2. Nature of Alphacraft DAO

Alphacraft DAO is a decentralized autonomous organization (DAO) operating on blockchain technology. It is governed by its members through a decentralized governance system. The DAO does not control or operate any centralized version of its protocol and does not act as a financial intermediary.

3. Use of Services

To use the Services, you must:

  • Be legally capable of entering into this Agreement.
  • Use a self-custodial wallet to interact with the DAO.
  • Understand and accept the risks associated with decentralized finance (DeFi) and blockchain technology.

4. Decentralization and User Responsibility

  • Alphacraft DAO does not hold, control, or manage user funds.
  • Transactions executed through smart contracts are irreversible and final.
  • Users are responsible for maintaining the security of their private keys and wallets.

5. Assumption of Risk

By using Alphacraft DAO, you acknowledge and accept the risks, including but not limited to:

  • Smart contract vulnerabilities.
  • Market volatility and potential loss of digital assets.
  • Regulatory uncertainties and compliance risks.
  • Potential cyber threats and security breaches.

6. Governance and Decision-Making

  • Alphacraft DAO operates under a decentralized governance model where token holders vote on proposals.
  • Governance decisions are executed through smart contracts and are final.
  • The DAO does not provide guarantees on the outcomes of governance decisions.

7. Fees and Transactions

  • Transactions on the blockchain may require gas fees, which are non-refundable.
  • Alphacraft DAO does not charge additional service fees beyond those required by the blockchain network.

8. Prohibited Activities

Users must not:

  • Engage in illegal activities using the Services.
  • Attempt to exploit vulnerabilities in the protocol.
  • Use the Services for money laundering, fraud, or illicit financial activities.

9. No Liability and Indemnification

  • Alphacraft DAO is not liable for losses incurred through the use of its Services.
  • Users agree to indemnify and hold harmless Alphacraft DAO and its contributors from any claims or damages arising from their use of the Services.

10. Dispute Resolution

  • Disputes related to Alphacraft DAO shall be resolved through decentralized arbitration mechanisms where applicable.
  • Users waive the right to participate in class-action lawsuits against the DAO.

11. Amendments and Termination

  • Alphacraft DAO reserves the right to modify these Terms at any time.
  • Users are responsible for reviewing updates to the Terms.
  • The DAO may restrict access to users violating these Terms.

12. Governing Law

These Terms shall be governed by the principles of decentralized governance and applicable blockchain regulations.

13. Contact

For any inquiries, please refer to the DAOs governance forum or decentralized support channels.