ARCADE LOTTO's Terms & Conditions:
Last modified: August 22nd, 2023
These Terms & Conditions (the “Agreement”) explains the terms and conditions by which you may access and use https://arcadelotto.com (the "Website”) and any sub-domains associated with the Website. You must read this Agreement carefully as it governs your use of the Website. By accessing or using the Website, you signify that you have read, understand, and agree to be bound by this Agreement in its entirety. If you do not agree, you are not authorized to access or use the Website and should not use the Website.
NOTICE: This Agreement contains important information, including a binding arbitration provision and a class action waiver, both of which impact your rights as to how disputes are resolved. The Website is only available to you — and you should only access the Website — if you agree completely with these terms.
Introduction
The Website provides access to (a) a decentralized platform on various public blockchains, including but not limited to Polygon (PoS) Network, Chainlink, BNB Chain, Ethereum, etc. that allow users to trade certain compatible digital assets (via the third party "Swap” or the “Bridges”), among other services. The Website is one, but not the exclusive, means of accessing the infrastructure.
To access the Website, you must use non-custodial wallet software, which allows you to interact with public blockchains. Your relationship with that non-custodial wallet provider is governed by the applicable terms of service of that third party, not this Agreement. Wallets are not operated by, maintained by, or affiliated with us, and we do not have custody or control over the contents of your wallet and have no ability to retrieve or transfer its contents. By connecting your wallet to our Website, you agree to be bound by this Agreement and all of the terms incorporated herein by reference.
Modification of this Agreement
We reserve the right, in our sole discretion, to modify this Agreement from time to time. If we make any material modifications, we will notify you by updating the date at the top of the Agreement and by maintaining a current version of the Agreement at https://arcadelotto.com/terms-and-conditions. All modifications will be effective when they are posted, and your continued accessing or use of the Website will serve as confirmation of your acceptance of those modifications. If you do not agree with any modifications to this Agreement, you must immediately stop accessing and using the Website.
Description of Services provided through the Website
The Website provides a multi-faceted optimised layout to be viewed over desktop, laptop, tablet or mobile-based means of accessing the platform.
Eligibility
To access or use the Website, you must be able to form a legally binding contract with us. Accordingly, you represent that you are at least the age of majority in your jurisdiction (e.g., 18 years old in the United States) and have the full right, power, and authority to enter into and comply with the terms and conditions of this Agreement on behalf of yourself and any company or legal entity for which you may access or use the Website.
You further represent that you are not (a) the subject of economic or trade sanctions administered or enforced by any governmental authority or otherwise designated on any list of prohibited or restricted parties (including but not limited to the list maintained by the Office of Foreign Assets Control of the U.S. Department of the Treasury) or (b) a citizen, resident, or organized in a jurisdiction or territory that is the subject of comprehensive country-wide, territory-wide, or regional economic sanctions by the United States. Finally, you represent that your access and use of the Website will fully comply with all applicable laws and regulations, and that you will not access or use the Website to conduct, promote, or otherwise facilitate any illegal activity.
Intellectual Property Rights
ARCADE LOTTO owns all intellectual property and other rights in the Website and its contents, including (but not limited to) software, text, images, trademarks, service marks, copyrights, patents, designs, and its “look and feel.”
By using the Website to list, post, promote, or display winning or even general wallet addresses you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to text, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you post on or through the Website for our current and future business purposes, including to provide, promote, and improve the services. This includes any digital file, art, or other material linked to or associated with any wallet address that are displayed.
You represent and warrant that you have, or have obtained, all rights, licenses, consents, permissions, power and/or authority necessary to grant the rights granted herein for any wallet addresses that you connect, list, post, promote, or display on or through the Website. You represent and warrant that such content does not contain material subject to copyright, trademark, publicity rights, or other intellectual property rights, unless you have necessary permission or are otherwise legally entitled to post the material and to grant us the license described above, and that the content does not violate any laws.
Additional Rights
We reserve the following rights, which do not constitute obligations of ours: (a) with or without notice to you, to modify, substitute, eliminate or add to the Website; (b) to review, modify, filter, disable, delete and remove any and all content and information from the Website; and (c) to cooperate with any law enforcement, court or government investigation or order or third party requesting or directing that we disclose information or content or information that you provide.
Prohibited Activity
You agree not to engage in, or attempt to engage in, any of the following categories of prohibited activity in relation to your access and use of the Website:
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Intellectual Property Infringement. Activity that infringes on or violates any copyright, trademark, service mark, patent, right of publicity, right of privacy, or other proprietary or intellectual property rights under the law.
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Cyberattack. Activity that seeks to interfere with or compromise the integrity, security, or proper functioning of any computer, server, network, personal device, or other information technology system, including (but not limited to) the deployment of viruses and denial of service attacks.
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Fraud and Misrepresentation. Activity that seeks to defraud us or any other person or entity, including (but not limited to) providing any false, inaccurate, or misleading information in order to unlawfully obtain the property of another.
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Market Manipulation. Activity that violates any applicable law, rule, or regulation concerning the integrity of trading markets, including (but not limited to) the manipulative tactics commonly known as “rug pulls”, pumping and dumping, and wash trading.
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Securities and Derivatives Violations. Activity that violates any applicable law, rule, or regulation concerning the trading of securities or derivatives, including (but not limited to) the unregistered offering of securities and the offering of leveraged and margined commodity products to retail customers in the United States.
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Sale of Stolen Property. Buying, selling, or transferring of stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items.
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Data Mining or Scraping. Activity that involves data mining, robots, scraping, or similar data gathering or extraction methods of content or information from the Website.
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Objectionable Content. Activity that involves soliciting information from anyone under the age of 18 or that is otherwise harmful, threatening, abusive, harassing, wrongful, excessively violent, defamatory, vulgar, obscene, pornographic, derogatory, invasive of another's privacy, hateful, discriminatory, or otherwise objectionable.
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Any Other Unlawful Conduct. Activity that violates any applicable law, rule, or regulation of the United States or another relevant jurisdiction, including (but not limited to) the restrictions and regulatory requirements imposed by U.S. law.
Not Registered with the SEC or Any Other Agency
We are not registered with the U.S. Securities and Exchange Commission as a national securities exchange or in any other capacity. You understand and acknowledge that we do not broker trading orders on your behalf. We also do not facilitate the execution or settlement of your transactions, which occur entirely on the public distributed blockchains like Polygon (PoS) Network, BNB Chain, Ethereum, Chainlink, etc. As a result, we do not (and cannot) guarantee market best pricing or best execution through the Website or when using our platform to invest in various lotto pools.
Non-Solicitation; No Investment Advice
You agree and understand that: (a) all transactions you submit through the Website are considered unsolicited, which means that they are solely initiated by you; (b) you have not received any investment advice from us in connection with any transactions; and (c) we do not conduct a suitability review of any transactions you submit.
We may provide information about tokens and/or pools in the Website sourced from third-party data partners through features such as price tickers, blockchain or token explorers or token (which includes Tether's USDT amongst other crypto-currencies such as Polygon (PoS) Network's MATIC, etc.) and/or lists. We may or may not provide warning labels for certain tokens and/or pools. The provision of informational materials does not make transactions in those tokens and/or pools solicited; we are not attempting to induce you to make any purchase as a result of information provided. All such information provided by the Website is for informational purposes only and should not be construed as investment advice or a recommendation that a particular token and/or pool is a safe or sound investment. You should not take, or refrain from taking, any action based on any information contained in the Website. By providing token information for your convenience, we do not make any investment recommendations to you or opine on the merits of any transaction or opportunity. You alone are responsible for determining whether any investment, investment strategy or related transaction is appropriate for you based on your personal investment objectives, financial circumstances, and risk tolerance.
Non-Custodial and No Fiduciary Duties
The Website is a purely non-custodial application, meaning we do not ever have custody, possession, or control of your digital assets at any time. It further means you are solely responsible for the custody of the cryptographic private keys to the digital asset wallets you hold and you should never share your wallet credentials or seed phrase with anyone. We accept no responsibility for, or liability to you, in connection with your use of a wallet and make no representations or warranties regarding how the Website will operate with any specific wallet. Likewise, you are solely responsible for any associated wallet and we are not liable for any acts or omissions by you in connection with or as a result of your wallet being compromised.
This Agreement is not intended to, and does not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated. You further agree that the only duties and obligations that we owe you are those set out expressly in this Agreement.
Compliance and Tax Obligations
The Website may not be available or appropriate for use in your jurisdiction. By accessing or using the Website, you agree that you are solely and entirely responsible for compliance with all laws and regulations that may apply to you.
Specifically, your use of the Website may result in various tax consequences, such as income or capital gains tax, value-added tax, goods and services tax, or sales tax in certain jurisdictions. It is your responsibility to determine whether taxes apply to any transactions you initiate or receive and, if so, to report and/or remit the correct tax to the appropriate tax authority.
Skill-Based Nature of Arcade Lotto Gameplay
At Arcade Lotto, we prioritize transparency, fairness, and user engagement. It's essential to understand that our platform is designed as a game of skill, not a game of chance. This distinction is crucial, as it aligns with our commitment to provide a responsible and skill-based gaming environment.
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Analytical Decision Making:
Players must employ analytical skills to study the patterns of ticket purchases, the number of participants in each pool, and the frequency of ticket buying. This analysis allows them to make informed decisions about when and how to participate.
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Strategic Timing:
The timing of ticket purchases plays a pivotal role in Arcade Lotto. Players must decide the optimal time to buy a ticket, considering factors like the current number of tickets sold, the pace at which they are being purchased, and the potential competition.
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Quantity Analysis:
With a limit of 5 tickets available per wallet, players must strategize on the number of tickets they wish to purchase. Whether to go all-in with all five or to buy fewer tickets is a decision based on skillful consideration of the odds and potential returns.
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Ticket Number Prediction:
While the assignment of ticket numbers is automated, players often try to predict potential winning numbers based on past results and trends. This prediction requires a combination of analytical skills and pattern recognition.
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Risk Management:
Just like in strategic games where players must decide when to take risks and when to play safe, Arcade Lotto players must decide how much they're willing to invest based on their analysis of the current pool and potential returns.
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Continuous Learning:
The most successful players in Arcade Lotto are those who continuously learn from past rounds, adapting their strategies based on outcomes and refining their decision-making processes.
In conclusion, while the element of unpredictability exists in Arcade Lotto, as it does in many skill-based games, the outcome is heavily influenced by the strategic decisions made by the player. The platform is designed to reward those who employ skill, analysis, and strategy, distinguishing it from traditional games of chance.
By emphasizing these skill-based elements, Arcade Lotto operates within the realm of skill-based gaming and does not fall under gambling or lottery license requirements.
Assumption of Risk
By accessing and using the Website, you represent that you are financially and technically sophisticated enough to understand the inherent risks associated with using cryptographic and blockchain-based systems, and that you have a working knowledge of the usage and intricacies of digital assets such as ether (ETH), so-called stablecoins, and other digital tokens such as those following the Ethereum Token Standard (ERC-20), or standards of any other digital tokens which are transacted on ARCADE LOTTO.
In particular, you understand that the markets for these digital assets are nascent and highly volatile due to risk factors including (but not limited to) adoption, speculation, technology, security, and regulation. You understand that anyone can create a token, including fake versions of existing tokens and tokens that falsely claim to represent projects, and acknowledge and accept the risk that you may mistakenly trade those or other tokens. So-called stablecoins may not be as stable as they purport to be, may not be fully or adequately collateralized, and may be subject to panics and runs.
Further, you understand that smart contract transactions automatically execute and settle, and that blockchain-based transactions are irreversible when confirmed. You acknowledge and accept that the cost and speed of transacting with cryptographic and blockchain-based systems such as Ethereum are variable and may increase dramatically at any time. You further acknowledge and understand that your digital assets may lose some or all of their value while they are supplied to the pools through the Website due to the fluctuation of prices of tokens until the pool fills up and automatically rewards everyone.
Finally, you understand that we do not create, own, or operate cross-chain bridges and we do not make any representation or warranty about the safety or soundness of any cross-chain bridge, including its use for ARCADE LOTTO platform.
In summary, you acknowledge that we are not responsible for any of these variables or risks, do not own or control the platform, and cannot be held liable for any resulting losses that you experience while accessing or using the Website. Accordingly, you understand and agree to assume full responsibility for all of the risks of accessing and using the Website to interact with the platform.
⚠️ Beware of Scammers
The safety and security of our users is our top priority. Please be vigilant and cautious of potential scammers impersonating Arcade Lotto team members. Keep the following points in mind:
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Arcade Lotto team members will never ask for your wallet's secret keys, recovery phrases, personal identity, or any confidential data.
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Be cautious when interacting with users claiming to be team members, especially if they request sensitive information.
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Do not share your confidential data with anyone, even if they claim to be an Arcade Lotto team member.
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If you suspect any suspicious activity, please report it immediately to a moderator within the Discord community.
If you do end up being duped/scammed, Arcade Lotto will not be held responsible and you agree that Arcade Lotto cannot help in any recovery of your user funds. Moreover, you will not make Arcade Lotto an additional party in any legal recourse taken towards recovery of your own personal user funds.
Third-Party Resources and Promotions
The Website may contain references or links to third-party resources, including (but not limited to) information, materials, products, or services, that we do not own or control. In addition, third parties may offer promotions related to your access and use of the Website. We do not approve, monitor, endorse, warrant or assume any responsibility for any such resources or promotions. If you access any such resources or participate in any such promotions, you do so at your own risk, and you understand that this Agreement does not apply to your dealings or relationships with any third parties. You expressly relieve us of any and all liability arising from your use of any such resources or participation in any such promotions.
Release of Claims
You expressly agree that you assume all risks in connection with your access and use of the Website. You further expressly waive and release us from any and all liability, claims, causes of action, or damages arising from or in any way relating to your use of the Website.
Indemnity
You agree to hold harmless, release, defend, and indemnify us and our officers, directors, employees, contractors, agents, affiliates, and subsidiaries from and against all claims, damages, obligations, losses, liabilities, costs, and expenses arising from: (a) your access and use of the Website; (b) your violation of any term or condition of this Agreement, the right of any third party, or any other applicable law, rule, or regulation; and (c) any other party's access and use of the Website with your assistance or using any device or account that you own or control.
No Warranties
The Website is provided on an "AS IS" and "AS AVAILABLE" basis. TO THE FULLEST EXTENT PERMITTED BY LAW, WE DISCLAIM ANY REPRESENTATIONS AND WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING (BUT NOT LIMITED TO) THE WARRANTIES OF MERCHANTABILITY AND FITNESS FOR A PARTICULAR PURPOSE. You acknowledge and agree that your use of the Website is at your own risk. We do not represent or warrant that access to the Website will be continuous, uninterrupted, timely, or secure; that the information contained in the Website will be accurate, reliable, complete, or current; or that the Website will be free from errors, defects, viruses, or other harmful elements. No advice, information, or statement that we make should be treated as creating any warranty concerning the Website. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Website.
Similarly, the DApp or ARCADE LOTTO Decentralized Platform is provided "AS IS", at your own risk, and without warranties of any kind. Although we contributed to the initial code for the platform, we do not provide, own, or control the platform, which is run autonomously without any headcount by smart contracts deployed on various blockchains. Upgrades and modifications to the platform are generally managed in a community-driven way post the 2025 road-map reveal. No developer or entity involved in creating the platform will be liable for any claims or damages whatsoever associated with your use, inability to use, or your interaction with other users of, the Platform, including any direct, indirect, incidental, special, exemplary, punitive or consequential damages, or loss of profits, cryptocurrencies, tokens, or anything else of value. We do not endorse, guarantee, or assume responsibility for any advertisements, offers, or statements made by third parties concerning the Website.
Limitation of Liability
UNDER NO CIRCUMSTANCES SHALL WE OR ANY OF OUR OFFICERS, DIRECTORS, EMPLOYEES, CONTRACTORS, AGENTS, AFFILIATES, OR SUBSIDIARIES BE LIABLE TO YOU FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING (BUT NOT LIMITED TO) DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE PROPERTY, ARISING OUT OF OR RELATING TO ANY ACCESS OR USE OF THE INTERFACE, NOR WILL WE BE RESPONSIBLE FOR ANY DAMAGE, LOSS, OR INJURY RESULTING FROM HACKING, TAMPERING, OR OTHER UNAUTHORIZED ACCESS OR USE OF THE INTERFACE OR THE INFORMATION CONTAINED WITHIN IT. WE ASSUME NO LIABILITY OR RESPONSIBILITY FOR ANY: (A) ERRORS, MISTAKES, OR INACCURACIES OF CONTENT; (B) PERSONAL INJURY OR PROPERTY DAMAGE, OF ANY NATURE WHATSOEVER, RESULTING FROM ANY ACCESS OR USE OF THE INTERFACE; (C) UNAUTHORIZED ACCESS OR USE OF ANY SECURE SERVER OR DATABASE IN OUR CONTROL, OR THE USE OF ANY INFORMATION OR DATA STORED THEREIN; (D) INTERRUPTION OR CESSATION OF FUNCTION RELATED TO THE INTERFACE; (E) BUGS, VIRUSES, TROJAN HORSES, OR THE LIKE THAT MAY BE TRANSMITTED TO OR THROUGH THE INTERFACE; (F) ERRORS OR OMISSIONS IN, OR LOSS OR DAMAGE INCURRED AS A RESULT OF THE USE OF, ANY CONTENT MADE AVAILABLE THROUGH THE INTERFACE; AND (G) THE DEFAMATORY, OFFENSIVE, OR ILLEGAL CONDUCT OF ANY THIRD PARTY.
Dispute Resolution
We will use our best efforts to resolve any potential disputes through informal, good faith negotiations. If a potential dispute arises, you must contact us via our Discord Support by submitting a support ticket request so that we can attempt to resolve it without resorting to formal dispute resolution. If we aren't able to reach an informal resolution within sixty days of your Discord Support Ticket, then you agree to resolve the potential dispute by way of agreeing to accept the losses incurred (if any) and move on with your day to day life.
Governing Law
You agree that the terms of this Agreement govern any Dispute between you and us. You further agree that the Website shall be deemed to be globally accessible, and that cannot be a reason for you to use and access this Website if the services offered are illegal in your jurisdiction.
Force Majeure
Arcade Lotto shall not be held liable for any delays, failures, or interruptions in the platform's services due to circumstances beyond its reasonable control, including but not limited to natural disasters, acts of God, war, terrorism, civil unrest, labor disputes, power/blockchain outages, or internet disruptions.
Gas Fees
Blockchain transactions require the payment of transaction fees to the appropriate network (“Gas Fees”). Except as otherwise expressly set forth in the terms of another offer by ARCADE LOTTO, you will be solely responsible to pay the Gas Fees for any transaction that you initiate.
Privacy Policy Terms
By using the Arcade Lotto platform, users agree to the collection, use, and storage of their personal information as required for platform functioning. Users must review the Privacy Policy to understand how their information is collected, used, and protected.
Entire Agreement
These terms constitute the entire agreement between you and us with respect to the subject matter hereof. This Agreement supersedes any and all prior or contemporaneous written and oral agreements, communications and other understandings (if any) relating to the subject matter of the terms
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