Terms of Service

Last Updated: September 4, 2025

1. Introduction

1.1. These Terms of Service (“ToS”) govern your access to and use of the Leagues.fun platform (the “Game” or “Platform”), including all websites, applications, features, contests, digital assets, content, and related services provided by Takario Labs Inc., a company incorporated in the Republic of Panama (“Company,” “we,” “us,” “our”).

1.2. By browsing the Platform, creating an account, purchasing or receiving digital assets, or participating in the Game, you acknowledge that you have read, understood, and agree to be bound by these ToS and all policies referenced herein (including our Privacy Policy). If you do not agree, you must not use the Platform.

1.3. These ToS apply to the Platform and any subdomains, mobile or desktop applications, and services that link to or reference these ToS.

2. Definitions

• Account — your registered user account on the Platform.
• Contest — any skill-based fantasy contest, competition, or event available on the Platform.
• Digital Assets — blockchain-based assets such as non-fungible tokens (NFTs), utility tokens, credits, or other cryptographic assets used in or issued for the Game.
• Game Assets — has the meaning set out in Annex II, and includes any NFTs or tokenized items intended for in-Platform use.
• Wallet — any compatible cryptographic wallet you control and use to receive, hold, or transfer Digital Assets.
• Wallet Credentials — private keys, seed phrases, passwords, or other means of accessing a Wallet.

3. Eligibility

3.1. You must be at least 18 years old or the age of majority in your jurisdiction (whichever is higher) to use the Platform.

3.2. You are solely responsible for ensuring that your access to and use of the Platform complies with all applicable laws and regulations in your location (including those related to digital assets, contests, and consumer protection).

3.3. We may restrict or suspend access for residents of certain countries or territories as required by law or regulatory guidance.

4. Account Registration & Security

4.1. To use certain features, you must register an Account with accurate and complete information and keep it updated.

4.2. One Account per person. Account sharing, multi-accounting, or creating Accounts for others without authorization is prohibited.

4.3. You are responsible for maintaining the confidentiality of your login credentials and for all activities under your Account.

4.4. We may suspend or terminate Accounts that we reasonably suspect are involved in fraud, misrepresentation, or ToS violations.

5. Platform Access; Third-Party Services

5.1. Access to the Platform may involve third-party services (e.g., Wallet providers, blockchain networks, identity verification, data feeds). We do not control third-party services and are not responsible for their availability, security, or performance.

5.2. Your use of third-party services is subject to their terms and policies. You are solely responsible for fees charged by third parties (e.g., network gas fees).

6. Gameplay Rules

6.1. The Platform offers skill-based fantasy contests across multiple sports. Participants may select players, teams, or other contest inputs and earn points based on real-world performance metrics.

6.2. We will disclose contest formats, scoring systems, eligibility, and entry requirements prior to each Contest. Additional contest-specific rules may apply; in case of conflict with these ToS, contest-specific rules control.

6.3. We may update or rebalance scoring systems and rules for fairness or integrity. Unless otherwise stated, updates apply prospectively.

7. Rewards & Prizes

7.1. Contest or platform participation may grant rewards including in-game credits, Digital Assets (e.g., NFTs), merchandise, access rights, or other benefits.

7.2. Unless explicitly stated, rewards have no cash value and are not redeemable for money.

7.3. We may modify, substitute, or revoke rewards at our discretion (e.g., for fraud prevention, integrity, or technical reasons).

7.4. You are solely responsible for taxes, duties, or fees associated with rewards or Digital Assets.

7.5. Verification Requirements. To receive certain rewards or Digital Assets (including but not limited to NFTs, in-game credits, or other benefits), you may be required to complete identity verification or provide additional documentation as determined by the Company to comply with applicable laws, prevent fraud, or ensure eligibility. Failure to complete verification within the specified timeframe may result in forfeiture of the reward or Digital Asset. The Company reserves the right to withhold or cancel rewards if verification requirements are not met or if there is reasonable suspicion of fraudulent activity.

8. Digital Assets & Blockchain Functionality

8.1. The Platform may issue, distribute, or enable the use of Digital Assets (including NFTs and utility tokens) for gameplay, collection, or access. Digital Assets are intended solely for use within the Platform and do not confer any ownership interest, equity, voting rights, or revenue share in the Company.

8.2. No securities or financial instruments. Digital Assets are not securities, investments, deposits, or financial instruments under any law, including the laws of Panama.

8.3. Irreversibility. Blockchain transactions (e.g., transfers, mints, burns) are final and generally irreversible. The Company cannot reverse or retrieve misdirected transfers.

8.4. No liquidity guarantee. We make no guarantee of liquidity, resale value, or secondary market availability for any Digital Asset.

8.5. Regulatory statement. We aim to align with evolving global guidance concerning digital assets (e.g., US SEC interpretations, UK FCA guidance on unregulated tokens, EU MiCA classification). We may modify features or access to comply with laws and regulations.

9. Wallets, Security & User Responsibility

9.1. You are solely responsible for your Wallet and Wallet Credentials. The Company does not custody your Wallet and cannot recover lost credentials or assets.

9.2. You should adopt industry-standard security measures (e.g., hardware wallets, secure backups, offline storage, 2FA). Loss or compromise of Wallet Credentials may result in permanent loss of assets.

9.3. We are not liable for losses arising from unauthorized access to your Wallet, third-party service errors, network congestion, forks, bugs, or other blockchain risks.

10. Fair Play, Conduct & Automated Use

10.1. Fair Play. Cheating, collusion, market manipulation, identity fraud, exploiting bugs, or any method that provides an unfair advantage is prohibited.

10.2. Prohibited Conduct. You agree not to:
(a) upload malware, viruses, or harmful code;
(b) spam, harass, or abuse other users;
(c) list, trade, or promote securities or regulated financial instruments;
(d) interfere with or disrupt the Platform or other users’ use;
(e) impersonate any person or entity.

10.3. Automated Access Ban. You agree not to access, interact with, or use the Platform through automated means (including bots, scripts, scrapers, crawlers, or automated trading systems), unless expressly authorized in writing by us. You must not develop, deploy, or use any software, device, or process that simulates human activity, manipulates gameplay or markets, or provides an unfair advantage. Violations may result in suspension or termination of your Account and forfeiture of associated in-Platform benefits, without limiting other remedies.

10.4. Enforcement & Asset Withdrawal Window. We may suspend or terminate Accounts that violate these ToS. If your Account is suspended, we will attempt to notify you (e.g., in-app and/or email). Unless prohibited by law or enforcement needs, you may have thirty (30) days to transfer eligible assets from your in-Platform Wallet(s) to an external Wallet. Untransferred assets after the window may become permanently irretrievable.

11. User Content

11.1. You are responsible for content you submit or display (e.g., usernames, avatars, messages). Do not post content that is unlawful, infringing, deceptive, defamatory, harassing, hateful, or otherwise violates these ToS.

11.2. We may remove content at our discretion to protect users, comply with law, or enforce these ToS.

11.3. By submitting content, you grant us a non-exclusive, worldwide, royalty-free license to host, display, and use such content in connection with operating and promoting the Platform.

12. Intellectual Property

12.1. The Platform (including software, designs, code, interfaces, text, graphics, artworks, scoring systems, compilations, databases, and trademarks) is owned or licensed by the Company and protected by intellectual property laws. All rights are reserved.

12.2. You may not copy, modify, create derivative works of, translate, reverse engineer, decompile, disassemble, sell, license, lease, distribute, or commercially exploit any part of the Platform, except as expressly permitted by these ToS.

12.3. Independence from Leagues/Teams. Leagues.fun is independent and is not affiliated with, endorsed by, or associated with any professional sports league, team, players’ association, or governing body.

12.4. Real-World Data & Fictionalization Disclaimer.
(a) The Platform may display certain real-world sports data (e.g., player names, statistics, schedules, match results) which may be sourced directly or under license from one or more third-party data providers.
(b) All other in-Game elements—including without limitation team names, badges, avatars, artwork, kit designs, logos, visual assets, and in-Game representations—are original creations of the Company or its licensors.
(c) The Company does not claim any rights to official club logos, trademarks, or proprietary branding of any league, team, or governing body.
(d) Game Assets (including NFTs) are fictionalized digital constructs intended solely for gameplay, collection, or access within the Platform. Game Assets do not represent, reference, or correspond to any real-world individual, athlete, coach, or public figure, whether living or deceased, and are not endorsed by any such person.
(e) Any resemblance of in-Game teams, avatars, or assets to real-world clubs, organizations, branding, or individuals is purely coincidental and unintentional.
(f) If you believe any in-Game content infringes your rights, please contact info@leagues.fun with details so we can assess and, where appropriate, address the issue.

13. Privacy & Data Usage

13.1. By using the Platform, you consent to our collection, processing, and use of personal data as described in our Privacy Policy.

13.2. We may use data for compliance, fraud prevention, analytics, support, game optimization, and marketing (subject to applicable law and your choices).

13.3. We do not sell personal data without your consent, except as required by law.

14. Liability; Warranty Disclaimers

14.1. “AS IS”. The Platform is provided “as is” and “as available,” without warranties of any kind, express or implied (including merchantability, fitness for a particular purpose, title, non-infringement, uptime, accuracy, or uninterrupted access).

14.2. No Gambling. As of the date of these ToS, the services offered do not constitute gambling under the laws of Panama.

14.3. Limitation of Liability. To the maximum extent permitted by law, the Company will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages; loss of profits, revenues, goodwill, data, or other intangible losses; or damages arising from (a) your use of or inability to use the Platform; (b) blockchain/network failures, forks, bugs, or exploits; (c) unauthorized access to your Account or Wallet; (d) actions of third-party service providers; (e) regulatory changes; or (f) force majeure events.

14.4. Cap. To the extent liability cannot be excluded, our aggregate liability shall not exceed the greater of: (i) the total fees you paid to us in the three (3) months preceding the claim, or (ii) USD $100.

14.5. Some jurisdictions do not allow the exclusions/limitations above; in such cases, they apply to the fullest extent permitted.

15. Modifications; Suspension; Termination

15.1. We may update these ToS at any time. Updates are effective immediately for new users and after 30 days for existing users, unless a shorter period is required by law. The “Last Updated” date will reflect changes. We will notify you of material changes (e.g., via email or in-app notice).

15.2. We may suspend or terminate Accounts, Contests, or features at our discretion (e.g., for legal compliance, integrity, technical issues, or ToS violations).

15.3. Upon termination, your right to use the Platform ceases. Certain provisions survive termination (including Sections 8–12, 14, 16–17 and Annexes).

16. Governing Law; Conciliation & Arbitration (Panama)

16.1. These ToS and any non-contractual obligations arising out of or in connection with them shall be governed by the laws of the Republic of Panama, without regard to conflict-of-law rules.

16.2. Conciliation then Arbitration. Any controversy or dispute arising out of or relating to these ToS, their interpretation, application, performance, or termination shall first be submitted to conciliation administered by the Panama Conciliation and Arbitration Centre (CECAP). If unresolved, the dispute shall be finally settled by binding arbitration administered by CECAP in accordance with its procedural rules.

16.3. The seat (legal place) of arbitration shall be Panama City, Republic of Panama. The language shall be English. The tribunal shall consist of one (1) arbitrator. The substantive law shall be the law of Panama. The arbitral award shall be final and binding on the parties.

17. Miscellaneous

17.1. Entire Agreement. These ToS (including Annexes and referenced policies) are the entire agreement between you and the Company regarding the Platform and supersede prior agreements.

17.2. Severability. If any provision is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.

17.3. No Waiver. Our failure to enforce any provision is not a waiver of our right to enforce it later.

17.4. Assignment. You may not assign or transfer your rights or obligations under these ToS without our prior written consent. We may assign these ToS in connection with a merger, acquisition, or sale of assets.

17.5. Force Majeure. We are not liable for delays/failures due to events beyond our reasonable control (e.g., natural disasters, war, labor disputes, internet outages, regulatory actions).

17.6. Export Controls & Sanctions. You represent that you are not located in, under the control of, or a national or resident of any country or on any list subject to sanctions or export restrictions. You agree to comply with applicable export control and sanctions laws.

17.7. Notices. We may provide notices via the Platform, email, or your Account. You may send legal notices to info@leagues.fun.

17.8. Feedback. If you provide ideas or suggestions, you grant us a non-exclusive, perpetual, irrevocable, royalty-free license to use them without restriction or compensation.

18. Contact Information

For questions, concerns, or notices, contact:
Takario Labs Inc.
Email: info@leagues.fun

Annex I – Risk Factors

Important: The purchase, holding, use, or exchange of Digital Assets and participation in the Platform involve significant risks. Not all risks can be or are described here. You should conduct your own research and seek professional advice.

1. Market & Adoption Risks

• Digital Assets are volatile and may lose all value.

• Utility depends on user adoption, gameplay design, and market conditions.

• Reduced participation or interest may diminish rewards, liquidity, or gameplay quality.

2. Regulatory & Legal Risks

• Laws and regulations regarding NFTs, tokens, and digital assets are evolving and may vary by jurisdiction.

• Regulatory actions or guidance can restrict access, require feature changes, or impose compliance obligations.

• The Company may modify, geoblock, or discontinue features to comply with laws. You are responsible for your own legal compliance.

3. Technology & Network Risks

• Underlying networks (e.g., blockchains) may experience bugs, outages, congestion, reorganizations, or forks.

• Smart contracts may contain vulnerabilities that can be exploited.

• Upgrades to protocols or dependencies may affect asset behavior or availability.

4. Security Risks

• The Platform and third-party services may be targeted by hacks, phishing, or exploits.

• Loss or compromise of Wallet Credentials is irreversible and may result in permanent loss of assets.

• No system can be guaranteed secure; residual risk always exists.

5. Operational Risks

• The Platform is under continuous development; features may be added, changed, or removed.

• Third-party providers (data, hosting, node infrastructure) can fail or degrade service.

• Latency or downtime may impact gameplay or transfers.

6. Irreversibility & Transaction Risks

• On-chain transactions are generally final; erroneous or unauthorized transactions cannot be reversed without counterparties’ consent.

• Mistyped addresses, incompatible Wallets, or unsupported networks can result in irretrievable loss.

7. Liquidity & Market Risks

• Secondary markets may be illiquid or unavailable.

• There is no guarantee of resale or price support for any Digital Asset.

8. Governance & Fork Risks

• Disputes among developers or communities can lead to forks, creating multiple chains or token states.

• The Company does not control external network governance and may be unable to support all forks.

9. Counterparty & Third-Party Risks

• Reliance on oracles, data providers, custodians, Wallet software, marketplaces, or other third parties introduces risks beyond our control.

• Failures or misconduct by third parties can cause losses.

10. Speculative Nature; No Profit Expectation

• Digital Assets are intended for entertainment and in-Game use, not for investment or profit.

• You should not purchase assets with an expectation of financial return.

11. Taxation Risks

• Tax treatment of Digital Assets is uncertain and may vary. You are responsible for all tax reporting and payments.

12. Privacy & Data Risks

• Despite safeguards, data breaches, scraping, or unauthorized access may occur.

• Public blockchains may allow on-chain analysis that could be linked to your activity.

13. Force Majeure & Macro Risks

• Economic crises, political instability, pandemics, natural disasters, or major internet disruptions may impact the Platform or asset value.

14. Quantum & Future Technology Risks

• Advances (e.g., quantum computing) could undermine current cryptography. No guarantee exists that mitigation will be timely or effective.

15. Legal Claims & IP Risks

• Third parties may claim that content or features infringe their rights. We may remove content or adjust features to address claims.

• As set forth in Section 12.4, Game Assets are fictionalized and not associated with real individuals, and the Platform does not claim rights to official league/team branding.

Annex II – General Terms on Game Assets

Applies to all users of Digital Assets and Game Assets on the Platform.

A. Purpose and Limitation of Use

A.1. Game Assets are blockchain-based digital items designed solely for use within the Platform (e.g., collectibles, access rights, cosmetics, or gameplay utilities).
A.2. Game Assets do not confer any economic, legal, governance, or voting rights in the Company or its affiliates, and have no rights or utility outside the Platform unless expressly stated.

B. Company’s Use of Proceeds

B.1. Proceeds from the sale of Game Assets may be used by the Company at its sole discretion. Funds are not held in trust or segregated for any user or project.

C. Risk of Loss; Speculative Nature

C.1. Game Assets are speculative and may be volatile or lack value and liquidity.
C.2. Users may lose part or all amounts paid for Game Assets. See Annex I for additional risk disclosures.

D. No Representations or Warranties

D.1. The Company disclaims all warranties (express or implied) regarding title, non-infringement, merchantability, fitness for a particular purpose, or continuous access/support for Game Assets.
D.2. Users must provide compatible Wallet addresses; the Company is not liable for failures due to erroneous addresses, incompatibility, or third-party errors.

E. No Claim, Loan, Equity, or Legal Interest

E.1. Purchasing Game Assets does not grant: ownership, equity, debt claims, revenue rights, IP rights, governance participation, or liquidation rights in the Company or its assets.

F. No Representation of Real-World Individuals

F.1. Game Assets are fictionalized and do not represent, reference, or correspond to any real-world individual, including athletes, coaches, or public figures, whether living or deceased. Any resemblance is coincidental. (See Section 12.4.)

G. User Knowledge and Suitability

G.1. Users should have sufficient knowledge of blockchain technology, Wallets, smart contracts, and the associated risks to evaluate acquisition and use of Game Assets and to bear potential losses.

H. Wallet Security; Private Keys

H.1. Users are solely responsible for securing Wallet Credentials and devices. The Company cannot recover lost keys, replace assets, or reverse transactions.
H.2. Game Assets are non-refundable and may become inaccessible due to user error or Wallet compromise.

I. User Representations and Eligibility

I.1. Individuals: You represent that you are of legal age and capacity, acting on your own behalf.
I.2. Entities: You represent that you are duly organized, in good standing, and represented by an authorized person.
I.3. You warrant that your participation does not violate any applicable laws (including AML, CTF, sanctions, and KYC obligations). We may request documentation to verify your representations.

J. Regulatory Statement

J.1. These terms are designed with reference to evolving guidance from regulatory bodies (e.g., US SEC, UK FCA, ESMA/MiCA). The Company may amend features or access in response to regulatory changes or interpretations.

Final Acknowledgment:
By accessing or using Leagues.fun, you confirm that you have read, understood, and agree to these ToS, including Annex I (Risk Factors) and Annex II (General Terms on Game Assets).