Terms of Use

Last Updated: July 31, 2025

Introduction

These Terms of Use (“Terms”) form a binding agreement between you (“you” or “your”) and 3-102-940215 S.R.L. based in Costa Rica (“Panana,” “we,” “us,” or “our”). They govern your access to and use of our website at app.panana-predictions.xyz (the “Site”), any related applications or interfaces, and our blockchain-based prediction-market protocol (the “Platform”).

The Site offers two categories of functionality: informational content about prediction markets and current events (“Content Features”) and the ability to interact with our prediction-market smart contracts (“Technology Features”). During our current testing phase, the Platform operates exclusively on testnet, making it available globally for testing purposes.

IMPORTANT NOTICE:

By accessing or using the Site or Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not accept these Terms in full, you are not authorized to access or use our services.

1. Platform Status & Accessibility

Testnet Operation. The Platform is presently deployed only on a testnet environment and is not yet live on any mainnet. Accordingly, anyone, regardless of location, may access the Platform for testing.
Future Mainnet Launch. When we transition to mainnet, we may impose jurisdictional restrictions in line with applicable laws and regulations. We will revise these Terms to reflect any such changes at that time.
No Real-Value Tokens. While on testnet, all trading uses test tokens that carry no real monetary value. You acknowledge that the Platform remains under development, and its features may be altered, enhanced, or removed without prior notice.

2. The Site & Platform

2.1 Description of Services

Content Features: Information, articles, data, charts, tutorials, and other materials about global events and prediction markets.
Technology Features: Smart-contract functionality that enables you to create, trade, and settle event-based contracts (“Contracts”) via your self-hosted Wallet on the blockchain.

2.2 No Exchange or Execution Services

Panana does not operate a centralized cryptoasset or derivatives exchange, nor do we provide trade execution or clearing services. All transactions occur directly between your Wallet and the underlying blockchain; Panana has no control over or involvement in the execution of your trades. Pricing or market data displayed on the Site are for informational purposes only and do not constitute an offer, solicitation, or recommendation to trade.

3. Your Acknowledgements

Informational Purposes Only: All Content Features are provided strictly “as is” for general informational use. We aim for accuracy but make no guarantee that information is complete, current, or free from errors.
No Reliance: You expressly disclaim any reliance on Site content for decision-making. Panana will not be liable for your use of or reliance upon any information on the Site.
Risk Awareness: You understand and accept the inherent risks of interacting with blockchain technology—smart-contract vulnerabilities, front-end exploits, hacks, phishing, market volatility, and the irreversibility of transactions.
Wallet Responsibility: You are solely responsible for securing your Wallet, private keys, and recovery phrases. Panana cannot recover lost keys or reverse transactions.

4. Your Responsibilities & Prohibited Conduct

4.1 Your Representations

You are at least 18 years of age, and if acting on behalf of an entity, possess the legal authority to bind that entity to these Terms.
You are not subject to any economic or trade sanctions (OFAC, EU, UK, UN, or other applicable lists), nor in violation of anti-money-laundering or counter-terrorism financing laws.
You understand the Platform is on testnet only and that all activity involves valueless test tokens.
You have adequate experience, knowledge, and sophistication to use blockchain-based prediction markets and assess the associated risks.
Your access to and use of the Site and Platform comply with all applicable laws and regulations.
You are aware that Contracts are inherently risky and may result in the total loss of any tokens you supply.
You agree that Contract resolution is automated by smart contracts in accordance with each Contract’s predefined rules.

4.2 Prohibited Conduct

Violate these Terms or any applicable law.
Exploit, probe, or reverse-engineer the Site or Platform.
Circumvent security measures or access controls.
Provide false, misleading, or fraudulent information.
Engage in market-manipulation, front-running, wash trading, spoofing, or any fraudulent trading scheme.
Falsely represent testnet tokens as having real monetary value.
Use bots, scripts, scrapers, or any automated means to extract data without permission.
Introduce malicious code (e.g., viruses, worms, trojans).
Attempt unauthorized access to any system, network, or data.

Panana reserves the right to investigate suspected violations and to suspend or terminate access, block wallets, and pursue any legal or equitable remedies.

5. Intellectual Property Rights

Our Ownership. Panana and its licensors retain all rights, title, and interest in the Site, Platform, and all associated content and technology.
Limited License. We grant you a personal, revocable, non-exclusive, non-transferable license to use the Site and Platform solely as permitted by these Terms.
User-Provided Content. By submitting feedback or other content to the Site, you grant Panana a worldwide, royalty-free, perpetual, irrevocable, sublicensable, and transferable license to use, reproduce, modify, publish, and distribute that content for any purpose.

6. Disclaimers & Limitations of Liability

6.1 No Warranties

THE SITE, PLATFORM, AND CONTENT ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED. Panana DISCLAIMS ALL WARRANTIES, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND QUIET ENJOYMENT.

6.2 Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, Panana WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUES, DATA OR USE, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. Panana’s AGGREGATE LIABILITY UNDER THESE TERMS SHALL NOT EXCEED USD 100.

7. Dispute Resolution

7.1 Governing Law

These Terms are governed by the Arbitration Law of the Republic of Costa Rica and the substantive laws of the Republic of Costa Rica, without regard to conflict-of-laws principles.

7.2 Negotiation Period

Before initiating any formal dispute resolution, you and Panana agree to exchange a written notice describing the dispute (the “Initial Notice”). Within 20 days of receipt, the responding party will reply, and the parties will meet remotely in good faith within 45 days of the Initial Notice to attempt a resolution. If unresolved after 90 days, either party may proceed to arbitration.

7.3 Arbitration & Class-Action Waiver

Except for claims seeking public injunctive relief, all disputes will be resolved by final, binding arbitration administered remotely before a single arbitrator. You and Panana waive any right to a jury trial or to participate in a class, collective, or representative action or arbitration.

8. General Terms

Entire Agreement. These Terms (together with any documents expressly incorporated) constitute the complete agreement between you and Panana regarding the Site and Platform.
Assignment. You may not assign your rights or obligations; Panana may assign these Terms without restriction.
Severability. If any provision is deemed invalid or unenforceable, the remainder will continue in full force and effect.
Waiver. Our failure to enforce any right under these Terms does not constitute a waiver of that right.

9. Contact Us

If you have questions, concerns, or requests regarding these Terms or our services, please reach out to us at:

telchion[at]gmail.com