Terms of Service
Last updated: September 26, 2026
These Terms of Service ("Terms") govern your access to and use of the Chart Arena game, the chartarena.xyz website, the Chart Arena iOS application, the Chart Arena content channels on third-party platforms (including TikTok, X, YouTube, and Instagram), and all related properties, products, and services (collectively, the "Services"), provided by BlockLive, Inc. ("BlockLive", the "Company", "we", "us", or "our"). By accessing or using the Services, you agree to be bound by these Terms.
Summary
This summary highlights key points but does not replace the full Terms. You are required to read and agree to the complete Terms.
- Service: Chart Arena is a PvP trading-game arena where players compete based on live cryptocurrency price movements. It is entertainment, not investment advice.
- Crypto Mode: A separate, early-access mode lets eligible users trade real perpetual futures on Perpl, a third-party protocol. It is not available to U.S. Persons or Restricted Persons, it is leveraged, and you can lose all of the funds you commit. See Section 19.
- Eligibility: Users must be at least 18 years old, have legal capacity to enter contracts, and not reside in restricted jurisdictions or be subject to sanctions.
- Risks: Cryptocurrency values are highly volatile; smart contracts may contain bugs; transactions are irreversible; no guarantee of profits or continuous service.
- Responsibilities: Maintain wallet security; conduct due diligence; comply with laws.
- Dispute resolution: Legal disputes resolved by binding arbitration in Wilmington, Delaware under American Arbitration Association rules; class-action lawsuits waived.
Important Legal Notice
THIS AGREEMENT CONTAINS DISCLAIMERS OF WARRANTIES, LIMITATIONS OF LIABILITY, RELEASES, A CLASS-ACTION WAIVER, AND A MANDATORY DISPUTE RESOLUTION PROCEDURE FOR ANY AND ALL CLAIMS THAT MAY ARISE HEREUNDER AGAINST BLOCKLIVE, INC., ITS AFFILIATES, MANAGERS, MEMBERS, SERVICE PROVIDERS, PARTNERS, ADVISORS, AND VENDORS (COLLECTIVELY, "COVERED PARTIES"), WHO ARE THE EXPRESS THIRD-PARTY BENEFICIARIES OF THE MANDATORY DISPUTE RESOLUTION PROCEDURE. THE AFOREMENTIONED PROVISIONS ARE AN ESSENTIAL BASIS OF THIS AGREEMENT.
1. Acceptance of Terms
By accessing or using the Services — including the Chart Arena website, mobile applications, smart contracts, content channels, and related interfaces — you agree to be bound by these Terms. If you do not agree to these Terms, do not use the Services.
By using the Services you also agree to the terms of third-party providers, including Privy for wallet authentication and, if you use Crypto Mode, Perpl for perpetual futures trading (see Section 19).
2. Definitions
- BlockLive: BlockLive, Inc., a Delaware-incorporated entertainment infrastructure company.
- Chart Arena: The PvP trading-game and content brand developed and operated by BlockLive.
- Services: The Chart Arena game, websites, mobile applications, content channels, related interfaces, and the smart contracts they interact with.
- User: Any individual or entity accessing or using the Services.
- Wallet: A digital wallet you connect to the Services, including wallets generated through Privy.io.
- Monad: The Layer 1 blockchain on which certain Chart Arena protocols and smart contracts operate.
- Crypto Mode, Perpl, and Perps: Defined in Section 19.1.
- Content: Videos, audio, images, text, and other material produced by BlockLive (including AI-assisted productions) and distributed via the Services or via third-party content channels (TikTok, X, YouTube, Instagram, and others).
3. The Service
Chart Arena is a PvP trading-game arena where players compete in matches based on live cryptocurrency price movements. Matches are entertainment and do not constitute financial advice. The Services may include leaderboards, in-app content, social features, and integrations with third-party platforms used to distribute Chart Arena content.
Chart Arena also includes Crypto Mode, a separate, early-access mode in which eligible users can trade real perpetual futures with their own assets on a third-party protocol. Crypto Mode is governed by Section 19 in addition to the rest of these Terms.
4. Eligibility
4.1 Age
All users must be at least 18 years of age (or the age of majority in their jurisdiction, whichever is higher). Parents or legal guardians cannot create accounts on behalf of minors.
4.2 Legal capacity
Users must have the legal capacity to enter binding contracts and must not be under any guardianship or conservatorship that would restrict that capacity.
4.3 Geographic restrictions
Users must not be residents of jurisdictions where the Services are prohibited by local laws or regulations, jurisdictions under comprehensive international sanctions, or jurisdictions where specific licenses or regulatory approvals are required to use the Services.
Additional restrictions apply to Crypto Mode. Perpetual futures are not available to U.S. Persons or Restricted Persons, as defined in Section 19.
4.4 Sanctions and export controls
Users must not be listed on any sanctions or denied-parties list and must not be acting on behalf of any sanctioned individuals or entities. Users must comply with all applicable export-control regulations.
4.5 Verification
We may require documentation to verify eligibility at any time. False or misleading information regarding eligibility may result in immediate account termination.
5. Risks and Disclaimers
5.1 Assumption of risk
BY ACCESSING OR USING CHART ARENA, 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 DIGITAL ASSETS SUCH AS MONAD, STABLECOINS, AND OTHER DIGITAL TOKENS. YOU UNDERSTAND THAT THE MARKETS FOR DIGITAL ASSETS ARE NASCENT AND HIGHLY VOLATILE DUE TO ADOPTION, SPECULATION, TECHNOLOGY, SECURITY, AND REGULATION FACTORS.
YOU UNDERSTAND THAT SMART CONTRACT TRANSACTIONS AUTOMATICALLY EXECUTE AND SETTLE, AND THAT BLOCKCHAIN-BASED TRANSACTIONS ARE IRREVERSIBLE ONCE CONFIRMED. YOU ACCEPT THAT THE COST AND SPEED OF TRANSACTING ON BLOCKCHAIN NETWORKS ARE VARIABLE AND MAY INCREASE DRAMATICALLY AT ANY TIME.
5.2 No investment advice
The core Chart Arena game is a game: match outcomes are derived from public price data and positions are simulated. Crypto Mode is different. It involves real trading on a third-party protocol, as described in Section 19. Nothing in the Services is investment advice, and BlockLive is not your adviser or fiduciary. You are solely responsible for your own trading decisions and for any decisions you make outside the game. No information, content, or feature provided by the Services should be construed as a recommendation that any particular token is a safe or sound investment.
5.3 Technical and smart-contract risks
Smart contracts may contain undiscovered bugs or vulnerabilities. Security audits do not guarantee the absence of flaws. Smart-contract interactions are irreversible once confirmed. Network congestion may delay or fail transactions; cross-chain bridges and protocols carry additional risks.
5.4 Platform and operational risks
The Services may experience downtime for maintenance, upgrades, or external disruptions. We provide no guarantee of continuous or uninterrupted service.
5.5 Regulatory risks
Regulatory changes may affect Service operation, restrict features, or impact the legal status of digital assets. Compliance and tax reporting are your responsibility.
6. AI-Generated Content and Third-Party Content Integrations
Some Chart Arena Content is produced using artificial-intelligence tools (e.g., text-to-video, generative-music, image-generation models). Where AI-generated content is distributed to third-party platforms whose policies require disclosure of AI provenance (including but not limited to TikTok), BlockLive labels such content via the platform's prescribed mechanism (for example, TikTok's is_aigc flag). Where Chart Arena Content promotes BlockLive's own products or services, we label the content via the platform's branded-content disclosure mechanism (for example, TikTok's brand_organic_toggle flag).
The Services may include programmatic integrations with third-party content platforms (TikTok, X, YouTube, Instagram). These integrations are used solely to publish Content from BlockLive's own production pipeline to BlockLive's own brand accounts on those platforms. We do not provide these integrations to third-party users and do not publish to any user's account other than our own.
7. User Responsibilities
Users must:
- Maintain the security of their private keys and wallets.
- Conduct their own due diligence before any in-game transaction.
- Comply with applicable laws and regulations in their jurisdiction.
- Report security vulnerabilities to us responsibly rather than exploiting them.
- Not engage in market manipulation, fraudulent activity, or attempts to disadvantage other players.
- Pay all applicable fees (e.g., network gas fees).
- Not use the Services for purposes prohibited under U.S. export controls.
- Undergo any required KYC/AML verification if requested by BlockLive to ensure compliance with anti-money-laundering laws.
8. Intellectual Property
All Chart Arena branding, artwork, characters, music, software, and code are owned by BlockLive or its licensors. Open-source components are subject to their respective licenses. You retain ownership of any content you create within the Services, but you grant us a non-exclusive, royalty-free license to host, display, and distribute it as part of operating the Services.
9. Prohibited Activities
You agree not to:
- Use the Services for any unlawful, fraudulent, or harmful purpose.
- Bypass or attempt to bypass security mechanisms; exploit software vulnerabilities; reverse-engineer security components; or distribute tools intended to compromise the Services.
- Facilitate money laundering or terrorist financing, transactions with sanctioned entities or jurisdictions, sale of illegal goods or services, tax evasion, financial fraud, wash trading, or pump-and-dump schemes.
- Harass, threaten, or impersonate other users.
- Engage in denial-of-service attacks, transaction spamming, network flooding, or any conduct that degrades service quality for other users.
- Deploy or attempt to deploy malicious smart contracts.
- Use the Services to distribute spam, malware, or unsolicited content.
10. Limitations of Liability
ALL SERVICES ARE PROVIDED STRICTLY ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT ANY REPRESENTATIONS OR GUARANTEES. WE MAKE NO CLAIMS REGARDING UPTIME, SPEED, OR OPERATIONAL EFFICIENCY. THE SERVICES MAY UNDERGO CHANGES, UPDATES, OR MODIFICATIONS WITHOUT PRIOR NOTICE.
UNDER NO CIRCUMSTANCES SHALL WE OR ANY COVERED PARTY BE LIABLE TO YOU FOR ANY INDIRECT, PUNITIVE, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR EXEMPLARY DAMAGES, INCLUDING DAMAGES FOR LOSS OF PROFITS, GOODWILL, USE, DATA, OR OTHER INTANGIBLE PROPERTY, ARISING OUT OF OR RELATING TO ANY ACCESS OR USE OF OR INABILITY TO ACCESS OR USE THE SERVICES, EVEN IF AN AUTHORIZED REPRESENTATIVE OF BLOCKLIVE HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
IN NO EVENT SHALL OUR TOTAL LIABILITY TO YOU FOR ALL DAMAGES (OTHER THAN AS MAY BE REQUIRED BY APPLICABLE LAW IN CASES INVOLVING PERSONAL INJURY) EXCEED ONE HUNDRED U.S. DOLLARS ($100.00 USD) OR THE EQUIVALENT IN LOCAL CURRENCY. ALL IMPLIED WARRANTIES — INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT — ARE EXPRESSLY DISCLAIMED TO THE MAXIMUM EXTENT PERMITTED BY LAW.
10.1 Force majeure
BlockLive is not liable for failures, disruptions, or damages resulting from circumstances beyond reasonable control, including natural disasters, power or internet-backbone outages, regulatory actions, cybersecurity incidents, pandemics, and blockchain-specific events such as hard forks or network-wide failures. We will make reasonable efforts to maintain service during such events and to restore functionality promptly afterwards.
11. Indemnity
You agree to indemnify, defend, and hold harmless BlockLive, its affiliates, and the Covered Parties from any claims, losses, damages, or expenses (including attorneys' fees) arising from your violation of these Terms, your misuse of the Services, or your infringement of third-party rights.
12. Class Action Waiver
To the extent permitted by law, you agree that you will not bring, join, or participate in any class action lawsuit as to any claim, dispute, or controversy you may have against any Covered Party. You agree to the entry of injunctive relief to stop such a lawsuit or to remove you as a participant. This provision is an independent agreement and is not a waiver of your right to pursue a claim individually in binding arbitration as described below.
You may opt out of these dispute-resolution provisions by providing written notice of your decision within thirty (30) days of the date you first access the Services.
FOR PURPOSES OF ANY COURT PROCEEDINGS, YOU AGREE THAT ANY DISPUTE SHALL BE TRIED BEFORE A JUDGE, AND NOT A JURY, AND YOU HEREBY WAIVE ANY RIGHT TO A TRIAL BEFORE A JURY.
13. Dispute Resolution
PLEASE READ THIS SECTION CAREFULLY: IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT AND TO HAVE A JURY HEAR YOUR CLAIMS. IT CONTAINS PROCEDURES FOR MANDATORY BINDING ARBITRATION AND A CLASS-ACTION WAIVER.
13.1 Binding arbitration
Except for disputes where BlockLive or a Covered Party seeks injunctive or equitable relief related to intellectual property, you waive your rights to have Disputes adjudicated in court or before a jury. All Disputes must be resolved by binding arbitration. "Disputes" means any claims, disputes, or controversies that may arise hereunder against BlockLive or the Covered Parties.
13.2 Informal dispute resolution
You must notify us in writing of any Dispute within thirty (30) days of its arising, via email to support@blocklive.io or mail to BlockLive, Inc., 651 N Broad St, Suite 201, Middletown, DE 19709, United States. You agree to engage in a good-faith informal-resolution process, including at least one telephonic conference, before proceeding to formal arbitration.
13.3 Arbitration process
Arbitration will be conducted in Wilmington, Delaware, under the laws of the State of Delaware and the rules of the American Arbitration Association (AAA). A single arbitrator with relevant experience will be appointed. English will be the language of arbitration. Arbitration is private and confidential unless disclosure is legally required.
13.4 No class arbitrations
All Disputes must be brought individually. Class arbitrations, class actions, and representative actions are strictly prohibited.
13.5 Governing law
These Terms shall be governed by the laws of the State of Delaware, USA, without regard to conflict-of-laws principles. The United Nations Convention on the International Sale of Goods is expressly excluded.
14. Modifications
We may update these Terms from time to time. Material changes will be communicated via the Services or by updating the "Last updated" date above. Your continued use of the Services after changes take effect constitutes acceptance.
15. Termination
You may discontinue use of the Services at any time. We may suspend or terminate your access to the Services at any time, with or without notice, including for breach of these Terms. Smart contracts remain operational on the blockchain regardless of individual user termination; your wallet-held assets remain accessible to you directly through the underlying blockchain.
16. Compliance
Users must comply with all applicable laws and regulations in their jurisdiction of residence or operation and in any jurisdiction affected by their use of the Services, including anti-money-laundering, sanctions, securities, and tax-reporting requirements. We may implement KYC/AML procedures as required by law, and users must cooperate.
17. Wallets
Wallets you generate when logging in to the Services are provided by Privy.io and are governed by Privy's terms. We have no custody or control over your wallet or its private keys and assume no responsibility for losses or damages arising from wallet operation. In Crypto Mode we hold a trade-only key for your Perpl account, as described in Section 19.5. That key cannot withdraw or transfer your assets. By using a Privy-provided wallet via the Services, you agree to be bound by Privy's user terms of service.
18. Miscellaneous
Severability. If any provision of these Terms is held invalid, the remainder shall remain in effect.
Entire agreement. These Terms constitute the full agreement between you and BlockLive, Inc.
No waiver. Failure to enforce any right or provision of these Terms is not a waiver of those rights.
Regulatory status. BlockLive is not registered with the U.S. Securities and Exchange Commission, the U.S. Commodity Futures Trading Commission, or any other financial regulator, as an exchange, broker, or in any other capacity. Outside Crypto Mode, BlockLive does not place trading orders for you. In Crypto Mode, our software submits orders to Perpl on your instructions using a trading key you authorize, as described in Section 19.5. Perpl executes and settles those trades on the Monad blockchain.
19. Crypto Mode and Perpetual Futures
PERPETUAL FUTURES ("PERPS") ARE PROVIDED BY A THIRD-PARTY PROTOCOL AND ARE NOT AVAILABLE TO U.S. PERSONS OR RESTRICTED PERSONS, EACH AS DEFINED BELOW. DO NOT ATTEMPT TO ACCESS PERPS FROM WITHIN THE UNITED STATES OR ANY RESTRICTED JURISDICTION. PERPS ARE LEVERAGED, AND YOU CAN LOSE ALL OF THE FUNDS YOU COMMIT.
19.1 What Crypto Mode is
In the core Chart Arena game, positions are simulated and no real assets are traded. "Crypto Mode" is a separate, early-access part of the Services, available by invitation or under other admission criteria we set. It lets eligible users trade real perpetual futures contracts ("Perps") with their own assets on Perpl, an independent third-party protocol on the Monad blockchain ("Perpl"). This Section applies to Crypto Mode in addition to the rest of these Terms, and it controls if the two conflict.
19.2 Eligibility
Crypto Mode and Perps are not available to U.S. Persons or Restricted Persons. We may restrict additional jurisdictions or persons at any time.
"U.S. Person" means: (a) any natural person who resides in, or is located in, the United States; (b) any corporation, partnership, trust, or other entity organized or incorporated under the laws of the United States or any of its states, or that has a registered office or principal place of business in the United States; (c) any agency or branch of a non-U.S. entity located in the United States; and (d) any person acting on behalf of, or for the benefit of, a person described in (a) through (c). "United States" means the United States of America, its territories and possessions, any state of the United States, and the District of Columbia.
"Restricted Jurisdiction" means: (a) Cuba, Iran, North Korea, and the Crimea, Donetsk, and Luhansk regions of Ukraine; (b) any other country or territory subject to a comprehensive embargo or comprehensive sanctions imposed by the United States, the United Kingdom, the European Union, or the United Nations; (c) any jurisdiction from which Perpl restricts access to its protocol or interface, which as of the date of these Terms includes Belarus, Russia, Syria, Ukraine, and the United Kingdom, in addition to the United States and the places listed in (a); and (d) any jurisdiction where accessing or trading Perps is prohibited, or where making Crypto Mode available to you would require a license, registration, or approval that we do not hold.
"Restricted Person" means any person or entity that: (a) resides in, is located in, is organized or incorporated in, or has a registered office in a Restricted Jurisdiction; (b) is a citizen of a jurisdiction described in (a) or (b) of the definition of Restricted Jurisdiction, wherever that person is located; (c) is named on, or is owned or controlled by a person named on, any sanctions list maintained by the United States (including the OFAC Specially Designated Nationals List), the United Kingdom, the European Union, or the United Nations; or (d) is not eligible to use Perpl under the Perpl Terms of Use.
19.3 Your representations
Before your first trade, Crypto Mode asks you to confirm your eligibility and agree to these Terms, and we record that acceptance. Each time you access or use Crypto Mode, you represent and warrant that:
- you are not a U.S. Person or a Restricted Person;
- you are not accessing Crypto Mode from within the United States or any Restricted Jurisdiction;
- you are not accessing Crypto Mode on behalf of, or for the benefit of, any U.S. Person or Restricted Person;
- you will not use a VPN, proxy, or any other technology or technique to circumvent these restrictions or to disguise your location, residence, or citizenship;
- you have read and accepted the Perpl Terms of Use, and you are eligible to use Perpl under them;
- no wallet you use with Crypto Mode is owned or controlled by a person named on a sanctions list; and
- you understand that these representations are material and that BlockLive relies on them in making Crypto Mode available to you.
If any of these representations stops being true, you must stop opening or increasing positions through Crypto Mode and tell us at support@blocklive.io.
19.4 Third-party protocol and our role
Perps are offered, matched, executed, and settled by Perpl, not by BlockLive. BlockLive provides software that lets you send your own trading instructions to Perpl. We do not operate Perpl, and we do not control its order book, prices, funding rates, liquidations, or settlement.
Your assets stay in your own wallet and your own Perpl account. We do not hold or custody your assets, and we cannot withdraw or transfer them.
BlockLive is not an exchange, clearing organization, or custodian, and it is not registered or licensed with any regulator as a broker, dealer, futures commission merchant, introducing broker, commodity trading advisor, or in any similar capacity. We do not provide investment, legal, or tax advice, and we do not assess whether Perps are suitable for you.
Orders are matched anonymously on Perpl's order book. BlockLive, its affiliates, and its personnel may trade on Perpl for their own accounts, and those orders may be matched with yours in the same way as any other participant's.
Your use of Perpl is governed by the Perpl Terms of Use and the Perpl Privacy Policy. They form a separate agreement between you and Perpl. You accept them when you sign Perpl's sign-in message, whether you do so in Chart Arena or on Perpl. Collateral for Perps is AUSD, a stablecoin issued by a third party under its own terms, which allow the issuer to freeze or restrict it.
We do not control Perpl, AUSD or its issuer, the Monad blockchain, or Privy. We are not responsible for their acts, omissions, failures, or changes to their terms.
19.5 How your orders are placed
When you enable trading in Crypto Mode, you sign a message with your wallet that registers a trading key for your Perpl account, and your wallet signs an on-chain Perpl transaction ("order forwarding") that allows orders submitted with that key to reach the Perpl smart contract for your account.
We generate the trading key and store it encrypted on our servers. It has trade permission only: it can place, change, and cancel orders in your Perpl account. Under Perpl's rules it cannot withdraw or transfer your funds. Deposits, withdrawals, and transfers always require a signature from your own wallet.
You authorize and instruct us to use the trading key to submit orders to Perpl for your account:
- when you use an order control in Crypto Mode;
- to carry out the take-profit, stop-loss, and other protective orders that you set. We may place them on Perpl as trigger orders, which Perpl holds and executes against its mark price, and we replace or cancel those trigger orders when your position changes. Our servers also watch Perpl's mark price and, if a protective level is reached while the position is still open, submit a closing order automatically. Both can happen while you are offline, and we may first cancel an order of yours that is resting in that market; and
- when you start an automated feature that we make available to you. It places orders under the rules shown to you when you start it, until you stop it or it stops under those rules or our safety controls. When it stops, it may place orders to close the positions it opened. Some automated features also place orders on a second venue, using a separate key that you authorize.
We do not use your trading key to trade at our own discretion, other than to close positions opened by an automated feature when that feature stops. We may decline or limit an order, for example to apply in-game limits on position size or leverage.
Protective orders, whether held on Perpl as trigger orders or submitted by our servers, are provided on a best-efforts basis. They depend on Perpl, our servers, the price feed, and the network. They may execute late, partially, at a worse price than your trigger, or not at all. They are not guaranteed stops.
You can revoke a trading key at any time on Perpl (currently at app.perpl.xyz/apikeys), or turn off order forwarding for your Perpl account directly on-chain from your own wallet, outside Chart Arena. You can also email support@blocklive.io, and we will stop using your key and delete it from our live systems. Encrypted backup copies may remain, so revoke the key on Perpl to make it unusable everywhere. Revoking the key stops us from placing, changing, or backstopping your protective orders. Trigger orders already on Perpl are handled under Perpl's rules, and you can view and cancel them on Perpl. Your Perpl account remains accessible to you directly through Perpl, subject to Perpl's terms.
19.6 Fees
BlockLive does not currently charge a fee on Perps trades. Perpl charges its own trading fees and funding payments, and blockchain network fees apply to on-chain transactions. If we introduce a fee, we will show it to you before you trade.
19.7 Risks of Perps
Perps involve a high degree of risk and are not suitable for everyone. Only trade with funds you can afford to lose entirely. By using Crypto Mode, you acknowledge and accept that:
- Leverage. Leverage magnifies gains and losses. A small price move against you can wipe out the margin you committed to a position.
- Liquidation. Perpl may liquidate your position automatically and without notice when your margin falls below its requirements. Any liquidation price shown in Chart Arena is an estimate.
- Funding. Perpl sets periodic funding payments. They can be a continuing cost of holding a position and can reduce your margin.
- Auto-deleveraging. In stressed markets Perpl may reduce or close positions, including profitable ones, at prices it determines.
- Prices. Liquidations, protective orders, and profit and loss use Perpl's prices. These can differ from the chart, from in-game displays, and from other venues.
- Protocol risk. Perpl is an early-stage protocol. It can suffer bugs, exploits, downtime, or oracle failures. It can refuse, delay, or limit orders and withdrawals, and it can restrict your access under its own terms.
- Stablecoin risk. AUSD can lose its peg, or be frozen or restricted by its issuer.
- Trading key and server risk. Your trading key stays valid until you revoke it. Anyone who obtained it could trade your Perpl account to a loss, even though they could not withdraw from it. Our servers, or the networks they rely on, can fail at the moment you want to open or close a position.
- Game features. In-game states such as health, knockouts, stages, and badges do not change your real position. A knockout does not close a real position, and real losses stay in your Perpl account.
- No protection scheme. Your assets are not covered by deposit insurance or any investor-compensation scheme, and we do not guarantee or backstop them.
- Information, not advice. Charts, indicators, alerts, market intelligence, digests, leaderboards, and share cards are for information and entertainment only. They are not recommendations, and past results do not predict future results.
- Taxes. You are responsible for any tax on your trading.
19.8 Game features and virtual items
In-game elements in Crypto Mode, including stages, purses, health, badges, cards, experience points, gems, and ranks, are game features. They have no monetary value and cannot be redeemed, sold, or withdrawn. A "purse" is a limit on position size for a stage. It is not a prize, a pot, or money held for you.
19.9 Compliance and restrictions on access
Sections 4, 9, and 16 apply in full to Crypto Mode. We may require identity, residence, or other eligibility verification as a condition of access. We may screen wallet addresses against sanctions lists and for illicit activity, and we may use geolocation or other measures to enforce this Section. We are not obliged to use any of these measures, and the absence of a technical block does not mean that your access is permitted.
If we reasonably believe that you are a U.S. Person or a Restricted Person, that any of your representations is untrue, or that the law, a regulator, or Perpl requires it, we may, without notice: (a) limit your use of Crypto Mode to reducing and closing positions, cancelling orders, and withdrawing; (b) stop using, disable, or delete the trading key we hold for you; or (c) suspend or terminate your access to Crypto Mode. Where the law allows, we will aim to leave you able to close your positions and withdraw. Your assets remain in your own wallet and Perpl account.
Perpl makes its own eligibility decisions and may restrict or suspend you independently of us.
19.10 Early access
Crypto Mode is an early-access feature. Admission is personal to you, places may be limited, and features may be changed, limited, or withdrawn at any time. Crypto Mode is provided "as is" and "as available", as described in Section 10.
19.11 Release
YOU ACKNOWLEDGE THAT PERPS TRADING CARRIES SUBSTANTIAL RISK OF LOSS. TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU RELEASE BLOCKLIVE AND THE COVERED PARTIES FROM ALL LOSSES, DAMAGES, AND CLAIMS ARISING FROM OR IN CONNECTION WITH YOUR USE OF CRYPTO MODE, INCLUDING LOSSES FROM LIQUIDATION, LEVERAGE, MARKET MOVEMENTS, PROTECTIVE ORDERS THAT FAIL TO EXECUTE, PROTOCOL FAILURES, AND THE ACTS OF THIRD PARTIES.
20. Contact
To contact BlockLive:
- General support: support@blocklive.io
- Privacy inquiries: privacy@blocklive.io
- Mail: BlockLive, Inc., 651 N Broad St, Suite 201, Middletown, DE 19709, United States