Soneium

Terms of Service

Last updated: December 15, 2024

Welcome to NEET! Please read these Terms of Service ("Terms", "Terms of Service") carefully before using the NEET dApps (the "Service") operated by NEET ("us", "we", or "our").

Acceptance of Terms

By accessing and using the Service, you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

Accounts

When you create an account with us, you must provide information that is accurate, complete, and current at all times. Failure to do so constitutes a breach of the Terms, which may result in immediate termination of your account on our Service. You are responsible for safeguarding the password that you use to access the Service and for all activities that occur under your password. You agree not to disclose your password to any third party. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your account.

Use of Service

You agree to use the Service only for lawful purposes and in accordance with the Terms. You agree not to use the Service:

In any way that violates any applicable federal, state, local, or international law or regulation
To transmit, or procure the sending of, any advertising or promotional material, including any "junk mail", "chain letter", "spam", or any other similar solicitation
To impersonate or attempt to impersonate NEET, a NEET employee, another user, or any other person or entity
To engage in any other conduct that restricts or inhibits anyone's use or enjoyment of the Service, or which, as determined by us, may harm NEET or users of the Service, or expose them to liability

Raffles

Creation and Management

All users can create raffles. Once a raffle is created, it cannot be deleted. The creator of a raffle is responsible for providing accurate and complete details about the raffle, including its purpose, entry fee, and the number of entries required.

Entry and Participation

Participants can enter raffles by purchasing entries. Once the required number of entries is reached, anyone can draw the winner. For example, if a raffle is set to 50/50 entries, once 50 entries are reached, the winner can be drawn.

Cancellation

If the entry goal is not met within the specified timeframe, the raffle can be cancelled. In such cases, participants will be notified, and any entry fees collected will be refunded.

Fees

We charge a platform fee of 5% of the total amount raised in each raffle. By using the Service, you agree to this fee and authorize us to deduct it from the total amount raised before disbursing the remaining funds to the raffle creator.

Winner Selection

Once a raffle's entry goal is met, anyone can draw the winner. The selection process is random and utilizes Verifiable Random Function (VRF) technology to ensure fairness and transparency. We are not responsible for the selection process or any disputes arising from it.

Termination

We may terminate or suspend your account immediately, without prior notice or liability, for any reason whatsoever, including without limitation if you breach the Terms. Upon termination, your right to use the Service will cease immediately. If you wish to terminate your account, you may simply discontinue using the Service.

Limitation of Liability

In no event shall NEET, nor its directors, employees, partners, agents, suppliers, or affiliates, be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses, resulting from your use of the Service.

Changes

We reserve the right, at our sole discretion, to modify or replace these Terms at any time. If a revision is material, we will try to provide at least 30 days' notice prior to any new terms taking effect. What constitutes a material change will be determined at our sole discretion.

Contact Us

If you have any questions about these Terms, please contact us at [email protected].