Terms of Service

1. Acceptance of Terms

Welcome to Agora (the "Platform"). These Terms of Service ("Terms") constitute a legally binding agreement between you and Agora ("we," "us," or "our") governing your access to and use of our decentralized social finance platform, including our website, services, and applications (collectively, the "Services").

By accessing or using the Platform, creating an account, or engaging in any transactions, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, and all applicable laws and regulations. If you do not agree to these Terms, you must not access or use our Services.

2. Eligibility

To use our Services, you must:

• Be at least 18 years of age or the age of majority in your jurisdiction
• Have the legal capacity to enter into binding contracts
• Not be prohibited from accessing the Services under the laws of any applicable jurisdiction
• Not be located in, or a resident of, any jurisdiction where use of blockchain-based services or cryptocurrency is prohibited
• Provide accurate, current, and complete information during registration

By using our Services, you represent and warrant that you meet all eligibility requirements. We reserve the right to verify your identity and eligibility at any time.

3. Account Registration and Security

3.1 Account Creation

To access interactive features of the Platform, you must register for an account by providing:

• A valid, unique email address
• A secure password
• Verification of your email address through a confirmation link

Upon successful verification, a custodial wallet will be automatically created and associated with your account. You are limited to one account per person.

3.2 Account Security

You are responsible for:

• Maintaining the confidentiality of your account credentials and private keys
• All activities that occur under your account
• Notifying us immediately of any unauthorized access or security breach
• Taking appropriate security measures to protect your account and wallet

We will never ask for your password or private keys. Any unauthorized access resulting from your failure to maintain account security is your sole responsibility.

3.3 Account Termination

We reserve the right to suspend or terminate your account at any time, with or without notice, for violations of these Terms, fraudulent activity, or any conduct we deem harmful to the Platform or other users. You may also request account deletion through your account settings, subject to any outstanding obligations.

4. Custodial Wallet Services

4.1 Wallet Creation and Management

Upon account verification, we automatically create a custodial Solana wallet for you. Your private key is encrypted using your login password and stored securely on our servers. This custodial wallet enables seamless transactions through our Platform interface without requiring external wallet connections or transaction popups for each action.

4.2 Self-Custody Option

You may export your private key from the Settings page at any time to gain full control and self-custody of your wallet. Once exported, you assume complete responsibility for the security and management of your private key. We cannot recover lost or stolen private keys.

4.3 Wallet Funding

You must acquire SOL (Solana) externally through cryptocurrency exchanges (such as Coinbase or Kraken) or other wallets, then transfer it to your platform-managed custodial wallet. We do not provide fiat on-ramp services. You are responsible for any fees associated with acquiring and transferring cryptocurrency.

4.4 Wallet Risks

You acknowledge and accept the risks associated with custodial wallet services, including but not limited to:

• Risk of loss of funds due to security breaches, technical failures, or unauthorized access
• Irreversibility of blockchain transactions
• Volatility of cryptocurrency values
• Possibility of regulatory changes affecting cryptocurrency access or use

5. Creator Token Services

5.1 Token Creation

Creators may launch unique fan point tokens ("Fan Points" or "FPs") through our Platform, which facilitates token creation on Pump.fun's infrastructure. Token creation requires:

• Payment of a $20 USD (or SOL equivalent) platform launch fee
• An initial token purchase of at least $1.00 USD equivalent in SOL
• Provision of token metadata (name, symbol, description, image, social links)

Fan Points are standard Solana Program Library (SPL) tokens created on Pump.fun and governed by Pump.fun's bonding curve mechanism. Token prices are determined by Pump.fun's formula based on SOL reserves and circulating supply.

5.2 Creator Advisory Lock Period

Creators are strongly advised not to sell their initially acquired Fan Points for 3 months (90 days) following token launch. This advisory lock period is displayed on the Platform but is not enforced at the smart contract level. Selling during this period may negatively impact your Greed Rating and community trust.

5.3 Creator Sell Guidelines

After the advisory lock period, creators are encouraged to follow monthly sell limits based on their token's Market Capitalization (MCAP):

• MCAP below $10,000 USD equivalent: 1% of initially acquired FPs per month
• MCAP $10,000 to $100,000 USD equivalent: 2% of initially acquired FPs per month
• MCAP above $100,000 USD equivalent: 3% of initially acquired FPs per month

These guidelines are enforced through our user interface but not at the blockchain level. Excessive selling may result in reduced Greed Ratings and community reputation.

6. Trading and Transaction Terms

6.1 Buying Fan Points

Users may purchase Fan Points through our Platform interface using SOL. Buying is subject to:

• Minimum purchase: $0.01 USD equivalent in SOL
• Sufficient SOL balance for purchase amount, platform fees, and network gas fees

Token amounts received are determined by Pump.fun's bonding curve price at the time of transaction. Purchases increase the token's SOL reserve pool and price according to Pump.fun's formula.

6.2 Selling Fan Points

Users may sell Fan Points through our Platform interface for SOL. Selling is subject to:

• Fan sell guideline: Up to 0.25% of a creator's MCAP per day (UI-guided, 24-hour UTC period)
• Sufficient Fan Points balance for the sell amount
• Sufficient SOL in Pump.fun's reserve pool for the payout
• Network gas fees in SOL

Selling burns Fan Points and decreases the token's SOL reserve pool and price according to Pump.fun's formula.

6.3 Transaction Irreversibility

All blockchain transactions are final and irreversible. We cannot reverse, cancel, or refund transactions once they are confirmed on the Solana blockchain. You are solely responsible for verifying transaction details before confirmation.

6.4 Transaction Delays and Failures

Transactions may be delayed or fail due to network congestion, insufficient gas fees, smart contract errors, or other technical issues beyond our control. We are not liable for failed or delayed transactions. Network fees are non-refundable even if transactions fail.

7. Fees and Charges

7.1 Platform Fees

We charge the following fees for transactions conducted through our Platform interface:

• Transaction Fee: 1% of the SOL value for buy transactions only (no fee on sells)
• Token Launch Fee: $20 USD (or SOL equivalent) charged to creators for initiating token creation

For purchases, our 1% fee is deducted from the SOL amount you pay before the remaining amount is sent to Pump.fun. For sales, there is no platform fee - you receive the full amount from Pump.fun (minus only Pump.fun's fees).

7.2 Third-Party Fees

In addition to our platform fees, the following third-party fees apply:

• Pump.fun Bonding Curve Fee: 1% of transaction value (in SOL) for trades on their bonding curve
• Pump.fun PumpSwap Fee: 0.3% of transaction value (in SOL) for trades on PumpSwap
• Solana Network Gas Fees: Variable fees paid to Solana validators (typically ~$0.00025 per transaction)

7.3 Fee Changes

We reserve the right to modify our fee structure at any time with reasonable advance notice posted on the Platform. Continued use of the Services after fee changes constitutes acceptance of the new fees.

8. Premium Subscription

We offer a premium subscription tier that provides enhanced features, including access to view Greed Ratings for all creators across the Platform. Premium subscriptions are:

• Billed on a monthly recurring basis
• Charged to your selected payment method
• Automatically renewed unless cancelled before the renewal date
• Non-refundable except as required by applicable law

You may cancel your premium subscription at any time through your account settings. Cancellation will take effect at the end of the current billing period. Premium features will remain accessible until the end of the paid period.

9. Gamification Features

9.1 MCAP Tiers

Creators earn titles based on their token's Market Capitalization (SOL value of Pump.fun's reserve pool), ranging from "Sputnik" at $10,000 to "Galactic King" at $1,000,000,000. These titles are visible to all users and update dynamically as MCAP changes.

9.2 Greed Ratings

Creators receive Greed Ratings (Diamond Handed, Gold Handed, Silver Handed, Bronze Handed, Plastic Handed, or Paper Handed) based on their selling behavior relative to monthly sell limits for initially acquired tokens. Ratings are recalculated after each creator sell transaction.

Greed Ratings are only visible to premium subscribers, except that creators can always view their own rating regardless of subscription status.

9.3 No Guaranteed Benefits

MCAP tiers and Greed Ratings are purely informational and social reputation indicators. They do not guarantee any financial benefits, returns, or specific outcomes. Past performance does not indicate future results.

10. Intellectual Property Rights

10.1 Platform Content

All content on the Platform, including but not limited to text, graphics, logos, images, software, and design elements, is the property of Agora or its licensors and is protected by copyright, trademark, and other intellectual property laws. You may not copy, reproduce, distribute, modify, or create derivative works without our express written permission.

10.2 User-Generated Content

When you post, upload, or submit content to the Platform, you retain ownership of your content but grant us a worldwide, non-exclusive, royalty-free, sublicensable, and transferable license to use, reproduce, distribute, prepare derivative works of, display, and perform your content in connection with operating and promoting the Platform.

You represent and warrant that you own or have the necessary rights to all content you post and that your content does not violate any third-party rights or applicable laws.

10.3 Token Branding

Creators are responsible for ensuring they have the rights to use all branding elements (names, symbols, images, logos) associated with their Fan Point tokens. We are not liable for any intellectual property disputes arising from creator-submitted token metadata.

11. Prohibited Activities

You agree not to engage in any of the following prohibited activities:

• Violating any applicable laws, regulations, or third-party rights
• Creating multiple accounts or accounts on behalf of others
• Providing false, inaccurate, or misleading information
• Engaging in fraudulent activities, market manipulation, wash trading, or pump-and-dump schemes
• Using bots, scripts, or automated tools to interact with the Platform
• Attempting to circumvent security measures or access restrictions
• Interfering with the proper functioning of the Platform or other users' access
• Uploading viruses, malware, or other malicious code
• Harassing, threatening, or abusing other users
• Posting offensive, defamatory, or illegal content
• Infringing on intellectual property rights of others
• Using the Platform for money laundering or terrorist financing
• Attempting to reverse engineer, decompile, or disassemble any Platform software

Violation of these prohibitions may result in immediate account termination and potential legal action.

12. Risk Disclosures and Disclaimers

12.1 Financial Risks

Trading in cryptocurrencies and blockchain-based tokens involves substantial risk and may result in complete loss of funds. You acknowledge and accept the following risks:

• Volatility: Cryptocurrency and token prices are extremely volatile and unpredictable
• Loss of Capital: You may lose some or all of your invested capital
• Liquidity Risk: Tokens may become illiquid, making it difficult or impossible to sell
• No Guaranteed Returns: There are no guarantees of profits or returns on any investments
• Smart Contract Risk: Bugs or vulnerabilities in smart contracts may result in loss of funds
• Regulatory Risk: Regulatory changes may affect the legality or value of tokens

12.2 Not Financial Advice

Nothing on the Platform constitutes financial, investment, legal, or tax advice. We do not recommend or endorse any specific tokens, creators, or investment strategies. You should conduct your own research and consult with qualified professionals before making any financial decisions.

12.3 Not Securities

Fan Points are marketed as utility and engagement tokens linked to creator access and status, not as securities or investment instruments. However, regulatory classifications may vary by jurisdiction. You are responsible for understanding and complying with applicable securities laws in your jurisdiction.

12.4 Technology Risks

The Platform relies on blockchain technology, smart contracts, and third-party integrations (including Pump.fun), which may experience:

• Technical failures, bugs, or vulnerabilities
• Network congestion or downtime
• Security breaches or hacking incidents
• Changes to third-party services or APIs
• Incompatibility with future technological developments

12.5 No Guarantees

THE PLATFORM AND SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, OR COURSE OF PERFORMANCE. WE DO NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

13. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW:

• IN NO EVENT SHALL AGORA, ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM YOUR USE OR INABILITY TO USE THE SERVICES
• OUR TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR THE SERVICES SHALL NOT EXCEED THE GREATER OF (A) $100 USD OR (B) THE AMOUNT OF FEES YOU PAID US IN THE 12 MONTHS PRECEDING THE EVENT GIVING RISE TO LIABILITY
• WE SHALL NOT BE LIABLE FOR ANY LOSSES RESULTING FROM UNAUTHORIZED ACCESS TO YOUR ACCOUNT, LOSS OF PRIVATE KEYS, BLOCKCHAIN FAILURES, THIRD-PARTY ACTIONS, REGULATORY CHANGES, OR MARKET VOLATILITY

Some jurisdictions do not allow the exclusion or limitation of certain damages, so some of the above limitations may not apply to you.

14. Indemnification

You agree to indemnify, defend, and hold harmless Agora, its affiliates, and their respective directors, officers, employees, agents, and licensors from and against any claims, liabilities, damages, losses, costs, expenses, or fees (including reasonable attorneys' fees) arising from:

• Your use or misuse of the Services
• Your violation of these Terms
• Your violation of any applicable laws or regulations
• Your violation of any third-party rights
• Any content you post or submit to the Platform
• Any unauthorized access to your account resulting from your failure to maintain account security

15. Dispute Resolution and Governing Law

15.1 Governing Law

These Terms shall be governed by and construed in accordance with the laws of the jurisdiction where Agora maintains its principal place of business, without regard to conflict of law provisions.

15.2 Arbitration Agreement

Any dispute, claim, or controversy arising out of or relating to these Terms or the Services shall be resolved through binding arbitration in accordance with internationally recognized arbitration rules. The arbitration shall be conducted in English. The decision of the arbitrator(s) shall be final and binding.

15.3 Exceptions to Arbitration

Either party may seek injunctive or equitable relief in a court of competent jurisdiction to prevent infringement of intellectual property rights or breach of confidentiality obligations.

15.4 Class Action Waiver

You agree that any arbitration or legal proceeding shall be conducted on an individual basis and not as a class action, consolidated action, or representative action. You waive your right to participate in any class action lawsuit or class-wide arbitration.

16. Privacy and Data Protection

Your privacy is important to us. Our collection, use, and disclosure of your personal information is governed by our Privacy Policy, which is incorporated into these Terms by reference. By using the Services, you consent to our collection and use of your information as described in the Privacy Policy.

We implement reasonable security measures to protect your personal information, but we cannot guarantee absolute security. You acknowledge that you provide your personal information at your own risk.

17. Modifications to Terms

We reserve the right to modify these Terms at any time. Material changes will be communicated via email and/or prominent notice on the Platform.

Your continued use of the Services after changes become effective constitutes your acceptance of the modified Terms. If you do not agree to the changes, you must discontinue use of the Services and may request account termination.

The "Last Updated" date at the top of these Terms indicates when they were last revised.

18. Third-Party Services and Links

The Platform integrates with third-party services, including but not limited to:

• Pump.fun (for token creation and bonding curve mechanics)
• Solana blockchain network
• Cryptocurrency exchanges
• External wallet providers

We are not responsible for the content, policies, or practices of third-party services. Your use of third-party services is at your own risk and subject to their respective terms and conditions. Links to third-party websites do not constitute endorsement.

19. Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving its original intent.

20. Entire Agreement

These Terms, together with our Privacy Policy and any other policies or guidelines posted on the Platform, constitute the entire agreement between you and Agora regarding your use of the Services and supersede all prior agreements, understandings, and communications, whether written or oral.

21. Assignment

You may not assign or transfer these Terms or any rights or obligations hereunder without our prior written consent. We may assign these Terms without restriction. Any attempted assignment in violation of this section shall be void.

22. Waiver

Our failure to enforce any provision of these Terms shall not constitute a waiver of that provision or any other provision. Any waiver must be in writing and signed by an authorized representative of Agora.

23. Force Majeure

We shall not be liable for any failure or delay in performance due to circumstances beyond our reasonable control, including but not limited to acts of God, natural disasters, war, terrorism, labor disputes, government actions, internet failures, blockchain network failures, or other force majeure events.

24. Contact Information

If you have any questions, concerns, or complaints regarding these Terms or the Services, please contact us at:

We aim to respond to all inquiries in a timely manner.