Terms and Conditions
1. Introduction and Scope of Agreement:
1.1 These General Terms and Conditions (the “Terms”) establish the contractual relationship between the users (“You”, “User”, or “Users”) and CTECHNOLOGIES GAMING DEVELOPMENT - FZCO (“C Technologies”, the “Company”, “We”, “Our”, or “Us”). These Terms govern the rights and obligations relating to the access to and use of our services, including, without limitation, the minting, acquisition, holding, or transfer of NFTs and the use of any applications, dashboards, or interfaces provided by Us (the “Services”).
1.2 The Services are made available through www.carrotfunding.io, app.carrotfunding.io, and any other websites, subdomains, smart contracts, or on-chain interfaces operated or designated by Us (collectively, the “Website”). These Terms constitute a legally binding agreement. Please read them carefully before using any of Our Services.
1.3 By minting, acquiring, or owning any NFT that is not terminated, or by accessing or using any Services made available in connection with such NFT, You confirm that You have read, understood, and agree to be legally bound by these Terms. If You do not agree, do not mint, acquire, hold, or use an NFT Challenge and do not access the Services.
1.4 Your access to and use of the Website and Services is also subject to Our Privacy Policy and Cookie Policy, which are incorporated into these Terms by reference. By accessing or using the Website or Services, You acknowledge that You have read and understood these policies and agree to be bound by them. These Terms, together with the Privacy Policy and the Cookie Policy, constitute the entire agreement between You and the Company. Any reference to these Terms shall be deemed to include the Privacy Policy and the Cookie Policy. In light of the previous policies, You acknowledge and agree that We may observe, monitor, collect, and review simulated trading activity and related data for compliance, evaluation, integrity, research, product development, and platform operation purposes, as further described in these Terms.
1.5 You acknowledge that the Company is not a broker, investment advisor, asset manager, or financial intermediary, and does not solicit investments from Users. You use the Services at your own discretion and risk, and all decisions made in connection with the Services are made solely by You. The Services are not investment services and shall not be considered as such under any applicable laws. We do not provide trading guidance, investment advice, recommendations, or instructions regarding how You should execute any transaction when using the Services. We only provide You with simulating trading rules that must be respected while using Our Services, including the Forbidden Trading Practices and Risk Management Rules as set out in these Terms.
1.6 Minting, acquiring, or owning any of Our NFTs that is not terminated grants You access to a simulated trading environment and a corresponding account funded exclusively with virtual or simulated funds, subject to these Terms. Such simulated trading is provided solely for training, evaluation, and demonstration purposes and does not involve, represent, or provide access to any actual financial assets, capital, liquidity, or live market positions. No real monetary transactions are executed, and any profits, losses, balances, rankings, or performance metrics generated are purely notional, have no real-world value, and do not give rise to any right, claim, or entitlement of any kind.
1.7 We may amend or update these Terms from time to time. We will not notify You before any material changes take effect via the notifications section of the Trader Dashboard or Email, and You agree that it is your sole responsibility to keep checking Our Website to stay updated on any amendments. If You do not agree with the updated Terms, You must cease accessing and using the Services before the effective date of the changes. Your continued access to or use of the Services after the effective date constitutes your acceptance of the updated Terms.
2. Regulatory Classification and Legal Treatment
2.1 You acknowledge that the legal and regulatory treatment of simulated trading programs, performance-based evaluations, and related Services may vary across jurisdictions and may be subject to differing interpretations by regulatory or governmental authorities. 2.2 The Company structures and offers the Services as simulated trading programs for training, evaluation, and demonstration purposes only. The Services shall not constitute financial, investment, brokerage, derivative, or gambling services, and are not intended to be offered or interpreted as such under Applicable Law.
2.3 In the event that changes in Applicable Law, regulatory guidance, or enforcement practices require the Company to modify the manner in which the Services are offered, or reasonably necessitate restrictions on availability in certain jurisdictions, the Company may take appropriate measures to ensure compliance, including modifying, restricting, or discontinuing specific features or Services, in whole or in part.
2.4 You acknowledge that the availability of the Services may be affected by legal or regulatory developments beyond the Company’s control, and that continued access to specific features, Challenges, or payout eligibility is subject to compliance with Applicable Law.
3. Eligibility and Trader Requirements:
3.1 By using Our Services or the Website, You confirm and warrant to the Company that You: a. are at least eighteen (18) years old of age and possess the complete legal capacity to enter into the agreement formed by these Terms, and to use Our Services;
b. do not reside in, and will not access the Services from, any jurisdiction where the Services are prohibited or restricted, including by using VPNs, proxies, or other masking technologies; and
c. will provide Us with all the necessary personal information, including identity documents as We may request from time to time, to comply with Anti Money Laundering (“AML”) and Know Your Client (“KYC”) requirements. Furthermore, You expressly warrant that all provided information is complete and accurate.
3.2 You acknowledge that We may request additional information or documentation from You at any time for the purposes of fraud prevention, sanctions screening, AML, and counter-terrorist financing compliance. You agree to promptly provide accurate, complete, and up-to-date information and documentation as requested, including evidence of identity or residency, and to update such information without delay through the Trader Dashboard or otherwise as instructed. If You provide any inaccurate, incomplete, or misleading information, or fail to comply with such requests, We reserve the right to suspend or terminate your access to the Services and the Platform without prior notice and without compensation, to the extent permitted by Applicable Law, and We are not obligated to verify the data.
3.3 You understand that We may suspend or refuse to give You access to Our Services, refund or retain payments where required by Applicable Law or Our internal risk management policies at Our sole absolute discretion. You represent and warrant that You are not a sanctioned person and will not access Our Services from a restricted jurisdiction (including through the use of VPNs, proxies, or other masking technologies).
3.4 You acknowledge and agree that, while You hold an NFT Challenge, access to the associated Challenge is personal to You and may not be shared or made available to any third party, including through the sharing of login credentials, authentication details, or account access of any kind. You are solely responsible for maintaining the confidentiality and security of your credentials and for all activity conducted in connection therewith. Any unauthorized sharing, disclosure, or use constitutes a material breach of these Terms.
3.5 Notwithstanding the foregoing, the NFT itself may be transferred, sold, or otherwise assigned to a third party solely by transferring the NFT to another wallet address or through a supported secondary market. Upon any change of ownership of the NFT, your access to the challenge shall immediately terminate, and the challenge associated with the NFT shall automatically reset to the evaluation stage with zero profit. The sole exception to such a reset applies where, at the time of transfer, the challenge reflects a negative profit during the evaluation stage, in which case such negative profit shall persist.
4. The use of Our Services:
4.1 You may access the Trader Dashboard by creating an account on the Website using one of the registration methods made available by Us from time to time, including: (i) connecting a supported third-party digital wallet (such as MetaMask, Rabby, or similar wallet providers); (ii) signing in through a supported third-party identity or authentication provider; or (iii) creating login credentials directly through the Website.
4.2 Where You create an account by connecting a supported third-party digital wallet, Our smart contracts will mint and deliver any applicable NFTs directly to the wallet address provided by You. Where You create an account using an email address or social login and do not connect an existing digital wallet, We will facilitate the creation of a digital wallet for You using a third-party wallet infrastructure provider (selected by Us). Such wallet is created for your exclusive benefit and ownership, and We do not act as a custodian of, nor do We control, the private keys, recovery mechanisms, or digital assets associated with such wallet, and We do not have the unilateral ability to access, transfer, or dispose of any assets held therein. Any applicable NFTs will be minted directly to the wallet created for You.
4.3 For the avoidance of doubt, the Company does not operate, manage, or control any digital wallet used or created in connection with the Services, except solely for the purpose of minting and delivering applicable NFTs. The Company does not have custody of, or access to, wallet private keys and is not responsible for the security, operation, or use of any wallet, including any loss of access, unauthorized transactions, or interactions with third-party protocols, except to the extent required by Applicable Law.
4.4 Upon successful registration, a user profile will be created and associated with the authentication method(s) used by You (the “Profile Credentials”). You acknowledge and agree that certain Profile Credentials, wallet infrastructure, authentication mechanisms, and related services may be provided, operated, or controlled by third-party providers, including Turnkey, and that your ability to access or use the Trader Dashboard may depend on the availability, security, and proper functioning of such third-party services.
4.5 By creating an account using an email address or social login, You expressly acknowledge and agree to be bound by the terms and conditions of Turnkey, available at https://www.turnkey.com/legal/terms.
4.6 You are solely and fully responsible for maintaining the confidentiality and security of your Profile Credentials, including wallet private keys (to the extent applicable), seed phrases, passwords, authentication devices, and access to the email account used for registration. You are further responsible for all activities conducted through or in connection with your Trader Dashboard, whether or not authorized by You.
4.7 Each NFT represents a limited, revocable, and non-exclusive right to access a specific Challenge and its associated parameters as defined at the time of minting. Access to a Challenge, including any eligibility or progress, is strictly linked to ownership of the relevant NFT and the wallet address holding such NFT, as recorded on the applicable blockchain.
4.8 Each NFT is intended solely as a limited, revocable access credential to the Services and associated Challenge parameters and is not offered or intended as an investment product, security, derivative, or financial instrument. The Company makes no representation regarding the value of any NFT, the existence or liquidity of any secondary market, or the ability to resell an NFT at any price. The Company does not operate or control any secondary marketplace and is not responsible for third-party market activity. Nothing in these Terms shall be construed as creating any expectation of profit from the acquisition, holding, or transfer of an NFT or from the efforts of the Company.
4.9 Ownership of an NFT is determined solely by blockchain records. Access to the associated Challenge is automatically enabled or revoked based on the wallet address holding the NFT. Upon any transfer, sale, or other movement of an NFT to another wallet address, the prior holder’s access shall immediately terminate without notice, and We shall have no obligation to restore access, transfer progress, migrate data, or reinstate any Services.
4.10 NFTs may be minted through the Website using payment, blockchain, and minting solutions provided by independent third-party service providers. Such providers operate independently from Us and are subject to their own terms and conditions, and We do not control or assume responsibility for their operation, availability, or performance.
4.10.1 Blockchain transactions, including NFT minting and transfers, are generally irreversible and may not be cancelled, reversed, or refunded. The Company shall not be responsible for losses resulting from blockchain network failures, smart contract vulnerabilities, third-party infrastructure outages, or user error, except to the extent required by Applicable Law.
4.10.2 We reserve the right to unilaterally change the fees and parameters of the Services at any time, including the parameters for their successful completion. The change does not affect the Services purchased before the change is notified. All programs already purchased retain the parameters shown at purchase, unless a change is required by Applicable Law or to address security, fraud, or platform integrity.
4.11 The Services We offer include, among others: (i) the Free Demo Trial; and (ii) Challenge Evaluation Programs. Each of these may vary in the range and scope of features or tools made available to the User, such as access to specific analytical resources. The Free Trial allows You to access certain Services on a limited basis and for a specified duration, free of charge. Completion of the Free Trial does not grant You access to any additional Services or programs. You acknowledge and agree that the use of any of Our Services does not ensure or guarantee the realization of any financial profit or gain.
4.12 The Challenges offered by Us may consist of one or more sequential phases, as determined by the specific Challenge structure made available on the Website at the time of minting. A Challenge may include, without limitation: (i) an Evaluation Phase, during which You demonstrate your trading performance and compliance with the applicable rules; (ii) one or more Verification Phase(s), if applicable, during which such performance may be further assessed; and (iii) a Carrot Funded Trader Phase, during which You may become eligible for payouts, in each case subject at all times to these Terms and the applicable Challenge parameters. 4.13 Prior to minting one of Our access NFTs, You must select the specific Challenge configuration made available on the Website, including, without limitation, the simulated capital allocation (the “Initial Simulated Capital”) and any other applicable options (collectively, the “Options”). Minting the NFT constitutes your final and binding confirmation of the selected Options and the corresponding Challenge parameters.
4.14 The Options selected prior to minting determine the applicable conditions, limits, and trading objectives that must be satisfied in order to complete the Challenge and, where applicable, any subsequent phase(s). Unless expressly stated otherwise, the selected Options apply consistently across all phases of the Challenge associated with the NFT. 4.15 Once an NFT has been minted, the Options and Challenge parameters associated with such NFT are fixed and may not be modified, amended, exchanged, or substituted at any time. Further information regarding available Options, applicable fees, and corresponding Challenge parameters is published on the Website and forms an integral part of these Terms.
4.16 You acknowledge and agree that the payment of any fee constitutes full and final consideration for access to Challenges and the Services made available thereunder. Upon paying for minting the NFT, the Service shall be deemed to have been fully provided and consumed by You, regardless of the extent to which You subsequently access or use it. Accordingly, all fees are non-refundable.
4.17 Should You initiate or lodge an unjustified complaint, payment dispute, chargeback, or similar claim with your bank, payment service provider, or any third-party payment platform, in connection with a validly paid fee, such action may be treated as a fraudulent or abusive act. In such circumstances, We reserve the right, at Our sole discretion, to immediately suspend or terminate your access to the Services and to refuse the provision of any future Services.
4.18 You acknowledge that in order to use the Services, You must obtain the necessary technical equipment and software at your own cost and risk. The Website is accessible from the most commonly used web browsers, however, We do not guarantee compatibility with any specific software or hardware. Internet access, device acquisition, and relevant software updates are your sole responsibility.
5. Trader Dashboard and Trading Platform:
5.1 You may maintain only one Trader Dashboard. All Services must be accessed and used exclusively through your Trader Dashboard.
5.2 All trading activity conducted through the Platform is simulated. Any balances, profits, losses, rankings, or performance metrics displayed in the Trader Dashboard or Trading Terminal are fictitious, generated solely for evaluation and demonstration purposes, and do not represent real funds, real-market positions, or actual trading outcomes. Simulated performance results are not indicative of real-market performance and do not guarantee or predict future results.
5.3 Upon minting one of Our access NFTs, You will be provided access to the Trading Terminal through the Trader Dashboard, subject to these Terms. The Trader Dashboard and Trading Terminal are secured by your Profile Credentials and/or wallet credentials, which You must not share with any third party.
5.4 You acknowledge and agree that You are solely responsible for all activity conducted through your Trader Dashboard and the Trading Terminal. We shall not be liable for any loss, misuse, or consequences resulting from actions taken using your credentials, whether authorized by You or not. You further acknowledge that your Profile Credentials are linked to a single email address and wallet address and may not be changed after registration.
5.5 You acknowledge that the Services, Trader Dashboard, or Trading Terminal may be temporarily unavailable due to maintenance, upgrades, or other operational reasons. We do not guarantee uninterrupted availability and shall not be liable for any unavailability, interruption, or loss of data or content transmitted through the Platform.
5.6 The Platform may incorporate or provide access to third-party software, infrastructure, data feeds, trading terminals, charting tools, wallet providers, or other services (“Third-Party Services”).The Company does not operate, control, or guarantee the availability, accuracy, performance, or continuity of any Third-Party Services. Use of such services is subject to the respective third party’s terms, conditions, and policies, and the User is solely responsible for reviewing and complying with them.
5.7 You may request closure of your Trader Dashboard by contacting support@carrotfunding.io. Upon confirmation, your access to the Services will be terminated. Such termination does not entitle You to any refund or reimbursement of fees paid and does not affect ownership of any NFTs, which shall remain subject to these Terms.
5.8 The Company reserves the right to modify, suspend, or discontinue any part of the Platform, including features, parameters, or access conditions, at any time and without prior notice.
6. Payment Terms:
6.1 You may purchase an access NFT using fiat or cryptocurrency through the payment methods made available on the Website at the time of purchase. By using any payment method or payment service provider, You acknowledge and agree that such providers operate independently from Us and that your use of their services is subject to their respective terms and conditions. You therefore acknowledge and understand that We are not responsible for any payment delays, and any issues should be addressed with the relevant payment service provider.
6.2 Payment for an access NFT is due immediately at the time of purchase. You are solely responsible for all fees, charges, and costs imposed in connection with the transaction by Us or by the applicable payment service provider, including network fees, processing fees, or conversion fees, and You must ensure that the full amount due for your order is successfully paid. An access NFT will be minted only upon successful receipt of payment.
6.3 We are not responsible for any taxes that may apply to your use of the Services. You are solely responsible for determining, reporting, and paying any taxes, duties, or other governmental charges arising under the laws applicable to You, including in your country of residence or incorporation.
7. Challenges:
7.1 After minting one of Our NFTs, You may activate the associated Challenge by executing the first simulated trade in the Trading Terminal. Challenges are structured evaluation programs designed to assess a User’s trading behavior, risk management, and consistency under predefined conditions. A Challenge shall be deemed successfully completed only if all of the following conditions are satisfied:
You have complied with all applicable Challenge parameters, Trading Rules, Forbidden Trading Practices, and Risk Management Rules described in clause 9;
You have not breached or otherwise violated any provision of these Terms;
All open simulated trading positions have been closed at the time of completion; and
You have not exceeded any applicable limits or thresholds associated with the Challenge configuration selected at the time of minting.
7.2 For the avoidance of doubt, successful completion of a Challenge constitutes only an evaluation outcome and does not, by itself, guarantee access to any subsequent phase, funded account, payout, remuneration, or ongoing relationship with the Company, unless and until such access is explicitly granted by the Company in accordance with these Terms and the applicable Challenge parameters.
8. Profit Sharing and Payout Conditions:
8.1 Subject to successful completion of the applicable Challenge and satisfaction of all requirements under these Terms, You may become eligible to participate in profit sharing in accordance with this Section. Eligibility for profit sharing is conditional and does not constitute an entitlement to payment, compensation, or remuneration of any kind.
8.2 For the avoidance of doubt, any profit sharing is based solely on simulated trading performance metrics as defined by the applicable Challenge parameters and does not represent a return on capital, an investment outcome, or participation in the Company’s revenues or profits.
8.3 Payouts, if applicable, may be processed no more frequently than on a weekly basis through the payment methods made available by Us from time to time, provided that all eligibility conditions have been satisfied and a valid payout request has been submitted in accordance with the applicable procedures.
8.4 Any profits generated in breach of these Terms, including through rule violations, system abuse, or other prohibited practices, shall be deemed invalid and forfeited. In the event of any dispute regarding payout eligibility or calculation, We will determine the outcome, acting reasonably and in good faith based on these Terms, the applicable Challenge parameters, and Our records, and such determination shall be final to the extent permitted by Applicable Law.
9. Trading Rules, Forbidden Practices, and Risk Management
9.1 During simulated trading, You may not engage in the transactions expressly restricted by section 9.6. You agree to follow market standards, including prudent risk management, and You acknowledge that your activity is subject to the technical and operational limitations of the Trading Platform.
9.2 You acknowledge and agree that We have to collect all data generated through your simulated trading activity. We may use such data for purposes including, but not limited to, performance evaluation, research, statistical analysis, product development, and marketing. Any processing or sharing of personal data will be conducted in accordance with applicable data protection laws. Demo trading activity does not constitute investment advice, and You remain solely responsible for your decisions.
9.3 You acknowledge and agree that compliance monitoring, performance evaluation, risk review, and detection of Forbidden Trading Practices may be conducted using automated systems, analytical tools, and manual review. Determinations regarding eligibility, disqualification, Challenge completion, trade exclusion, or payout eligibility may be made by reference to available data, records, and platform integrity controls.
9.4 To protect the integrity, security, and proper operation of the Platform, the Company is not required to disclose detailed methodologies, thresholds, or internal processes used for monitoring or enforcement. Where an appeal process is made available under these Terms, any review shall be limited to assessing the decision for consistency with these Terms and the applicable records, and any determination on appeal shall be made acting reasonably and in good faith.
9.5 We are not liable for inaccuracies, delays, interruptions, or omissions in the market data or information made available on the Trading Platform or through the Trader Dashboard.
Forbidden Trading Practices
9.6 You must not engage in any Forbidden Trading Practices during simulated trading. You may refer to the list of Forbidden Trading Practices on Our Website. You must be aware of Our Forbidden Trading Practices and avoid engaging in any of them. We may determine, acting reasonably and in good faith, whether certain simulated trades, practices, strategies, or situations qualify as or fall within a Forbidden Trading Practice. We may update the list of Forbidden Trading Practices from time to time, and We may also impose restrictions on the use of the Trading Platform from time to time if we reasonably suspect that your simulated trading involves a Forbidden Trading Practice. Your continued use of our Services after any of aforementioned changes constitutes your acceptance of the new definitions and restrictions. 9.7 In addition to avoiding Forbidden Trading practices, you must follow good market practice and Our market standard risk management rules for trading in financial markets set out in clauses 9.11, 9.12, 9.13 and 9.14 (the “Risk Management Rules”). These rules ensure that your simulated trades are replicable with similar execution conditions in typical market behavior and are not designed to circumvent, Our offering. Restrictions may also be imposed by the trading conditions of the Trading Platform that You select in the Order.
9.8 The following trading practices are strictly prohibited during simulated trading:
a. Exploiting, intentionally or unintentionally, technical errors, display inaccuracies, system delays, or malfunctions;
b. Engaging in coordinated, manipulative, or collusive trading activity, whether individually or in cooperation with others, including through the use of multiple accounts, related accounts, shared strategies, or any conduct intended to distort performance metrics, circumvent Challenge parameters, or exploit the Services.
c. Violating these Terms, the Trading Platform rules, or applicable law;
d. Using automated software, high-frequency algorithms, artificial intelligence, or mass data entry tools that confer an unfair advantage;
e. Engaging in trading behavior inconsistent with normal market conduct or that may cause Us financial or reputational harm, including but not limited to, extreme overleveraging, one-sided exposure, or account flipping; or
f. Engaging in any behavior inconsistent with our trading rules, which can be found at the following link: Our trading rules, and which vary based on the chosen trading venue.
9.9 The Services are provided strictly for your personal use. You may neither access, manage, or trade on behalf of another or provide account management or similar services; nor permit any third party to access, manage, or trade on your challenge or Verification accounts. Any violation of this section shall constitute a Forbidden Trading Practice that will result in immediate termination of the challenge and forfeiture of payouts.
9.10 You acknowledge that the purpose of simulated trading activity is the evaluation of trading skill, discipline, and risk management. Trading behavior that is inconsistent with realistic market conditions or prudent risk management may result in disqualification or Challenge failure, even if numerical performance targets are otherwise met.
Risk Management Rules
9.11 You must maintain reasonable and consistent risk management behavior throughout the Challenge and any subsequent phase. Trading behavior that is materially disproportionate to your historical activity or otherwise indicative of abuse, circumvention, or gambling-like conduct is prohibited. Without limitation, You must not:
a. open position sizes materially disproportionate to your prior trading activity; or
b. engage in trading patterns materially inconsistent with your historical behavior in a manner suggestive of abuse or circumvention of Challenge parameters.
For the avoidance of doubt, whether trading behavior is materially disproportionate or inconsistent shall be determined by reference to available data and records, acting reasonably and in good faith.
9.12 If We determine, acting reasonably and in good faith based on available data and records, that You have engaged in a Forbidden Trading Practice or violated any Risk Management Rules or other provisions of these Terms, We may take one or more of the following actions:
a. deem the Challenge or any phase unsuccessful;
b. exclude relevant trades from performance calculations or remove them from account history;
c. adjust leverage, impose additional restrictions, or modify access conditions;
d. suspend or terminate access to the Services; and/or
e. forfeit eligibility for payouts.
9.13 Repeated and/or serious violations may result in permanent exclusion from Our Services and Platforms, without refund or compensation. You may submit a written appeal within seven (7) calendar days of notification of a violation. We will review such appeal in good faith, and Our decision shall be final to the extent permitted by Applicable Law.
9.14 You understand and acknowledge that We may monitor your trading strategies and activity’s data to ensure compliance. We reserve the right to forbid any trading behavior We deem to be inconsistent with Our risk policies, even if not explicitly listed in these Terms.
10. Use of Our Website, Services, and Other Content:
10.1 The Website and all Services, including the Trader Dashboard, their appearance and all applications, data, information, multimedia elements such as texts, drawings, graphics, design, icons, images, audio and video samples, names, and any other content that may form the Website and the Services (collectively referred to as the "Content"), are subject to legal protection pursuant to copyright laws and other legal regulations and are Our sole property. We hereby grant You a limited, non-exclusive, non-transferable, non-assignable, non-passable, and revocable permission to use Our Content for the purpose of using the Services for your personal use and in accordance with the purpose for which the Services are provided. The Content is not sold or otherwise transferred to You and remains Our sole property.
10.2 All trademarks, logos, trade names, and other designations belong to Us, and We do not grant You any authorization to use them.
10.3 You undertake to comply with the applicable laws in your country of residence while using the Services, and to act in accordance with the principles of fair dealing in the performance of the contract and, in particular, not to damage the good reputation and legitimate interests of the Company. You agree to resolve any possible disagreements or disputes in accordance with these Terms and the applicable law.
10.4 Except for the rights expressly set out in these Terms, We do not grant You any other rights relating to the Services and other Content. You may only use the Services and other Content as set out in these Terms.
10.5 You may use the Website, Services, and Content solely for their intended purpose as made available by the Company. Any use of the Services for unauthorized, abusive, deceptive, or unlawful purposes is strictly prohibited. Without limitation, You must not:
a. interfere with, disrupt, compromise, or attempt to bypass the security, integrity, or proper functioning of the Website or Services, including by exploiting errors, bugs, or vulnerabilities;
b. circumvent or attempt to bypass any access, geographic, or technical restrictions;
c. reverse-engineer, decompile, disassemble, modify, or attempt to derive the source code, logic, or structure of the Website, Services, or related systems;
d. access, scrape, collect, or extract data from the Services using automated means without prior written authorization;
e. use the Services or Content for unauthorized commercial purposes or in violation of these Terms or Applicable Law.
Any prohibited use may result in suspension or termination of access in accordance with these Terms.
10.6 The provisions of this section 9 are not intended to deprive You of any of your consumer rights which cannot be excluded by law.
11. Disclaimers:
11.1 You acknowledge that the Services may involve interactions with blockchain networks, smart contracts, and distributed ledger technologies, which are subject to inherent technical and operational risks. These risks may include, without limitation, network congestion, forks or reorganizations, validator or sequencer failures, RPC or node outages, smart contract vulnerabilities, protocol changes, cryptographic attacks, or third-party exploits.
11.2 Blockchain transactions, including NFT minting, transfers, and other on-chain interactions, are generally irreversible and may not be cancelled, reversed, or refunded once initiated or confirmed. You are responsible for verifying all transaction details prior to submission, including wallet addresses and transaction parameters.
11.3 The Company does not guarantee the security, accuracy, availability, or uninterrupted operation of any blockchain network, smart contract, or third-party infrastructure used in connection with the Services. To the maximum extent permitted by Applicable Law, the Company shall not be liable for losses or damages arising from blockchain network failures, smart contract defects, protocol changes, third-party exploits, or user error.
11.4 YOU ACKNOWLEDGE THAT OUR SERVICES AND OTHER CONTENT ARE PROVIDED ON AN “AS IS”AND “AS AVAILABLE” BASIS WITH ALL THEIR ERRORS, DEFECTS, AND SHORTCOMINGS, AND THAT THEIR USE IS AT YOUR SOLE RESPONSIBILITY AND RISK. TO THE MAXIMUM EXTENT PERMITTED BY THE MANDATORY LAWS OF THE UNITED ARAB EMIRATES, WE DISCLAIM ANY STATUTORY, CONTRACTUAL, EXPRESS, AND IMPLIED WARRANTIES OF ANY KIND, INCLUDING ANY WARRANTY OF QUALITY, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NONINFRINGEMENT OF ANY RIGHTS.
11.5 TO THE EXTENT PERMITTED BY THE MANDATORY PROVISIONS OF THE APPLICABLE LAWS, YOU ACKNOWLEDGE THAT WE ARE NOT RESPONSIBLE FOR ANY HARM, INCLUDING ANY INDIRECT, INCIDENTAL, SPECIAL, PUNITIVE OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFIT, LOSS OF DATA, PERSONAL OR OTHER NON-MONETARY HARM OR PROPERTY DAMAGE CAUSED AS A RESULT OF USE OF THE SERVICES OR RELIANCE ON ANY TOOL, AVAILABILITY, FUNCTIONALITY, INFORMATION OR ANY OTHER CONTENT AVAILABLE IN CONNECTION WITH THE USE OF THE SERVICES OR ELSEWHERE ON THE WEBSITE. WE ARE NOT RESPONSIBLE FOR ANY PRODUCTS, SERVICES, APPLICATIONS, OR OTHER THIRD-PARTY CONTENT THAT YOU USE IN CONNECTION WITH THE SERVICES. IN CASE OUR LIABILITY IS INFERRED IN CONNECTION WITH THE OPERATION OF THE WEBSITE OR PROVISION OF THE SERVICES BY A COURT OF JUSTICE OR ANY OTHER COMPETENT AUTHORITY, THIS LIABILITY SHALL BE LIMITED TO AND SHALL NEVER EXCEED THE AMOUNT CORRESPONDING TO THE FEE THAT YOU PAID BY FOR THE SERVICES IN CONNECTION WITH WHICH YOU HAVE INCURRED THE LOSS.
11.6 We reserve the right to modify, change, replace, add, or remove any elements and/or functions of the Services at any time without any compensation or prior notice. We are not responsible for Our failure to provide You with the purchased Services if that failure occurs due to serious technical or operational reasons beyond Our control, in the case of any crisis or imminent crisis, natural disaster, war, insurrection, pandemic, a threat to a large number of people, or other force majeure events, and/or if We are prevented from providing the Services as a result of any obligations imposed by law or a decision of a public authority.
11.7 C Technologies is not a financial services provider; We are not registered with the U.S. Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), or any other U.S. or foreign financial regulator. You understand that all Our Services are provided for information and education purposes only and are not intended to be nor shall be construed as financial advice or solicitation.
12. Liability and Indemnification:
12.1 We shall not be held liable for any losses that You incur, any downtime, delays or malfunctions of Our Website, or any failures of third-party services.
12.2 To the extent permitted by any applicable laws, You agree to indemnify, defend, and hold harmless C Technologies, its affiliates, officers, directors, employees, and agents from and against any third-party claim, damages, demand, loss, liability, cost, or expense (including reasonable legal fees) arising out of or in connection with:
a. your breach of these Terms, the Privacy Policy, or the Cookie Policy;
b. your violation of applicable laws, including but not limited to, financial crime, AML, sanctions, or consumer protection laws;
c. your use of the Services, including any violation of the Forbidden Trading Practices or any misuse of accounts or intellectual property; and
d. any content, data, or trading activity that You have submitted through the Services.
This indemnity shall not apply to the extent a claim or loss results from Our willful misconduct or gross negligence. We reserve the right, at Our own expense, to assume exclusive defense and control of any matter subject to indemnification, and You agree to cooperate with such defense.
13. Termination of Account:
13.1 The agreement formed by these Terms shall be effective and shall remain in force for the duration of your use of the Services, or access to the Website, or for so long as You remain the holder of the NFT, whichever occurs last. Upon the transfer of the NFT, this Agreement shall automatically terminate and all your rights of access to the Challenge shall immediately cease, except for the clauses that are reasonably expected to survive the termination of this Agreement.
13.2 You understand that We may suspend or terminate accounts at Our sole absolute discretion, especially in case : (i) You breach any of our trading rules, these Terms, or any applicable laws; (ii) You are deemed a suspect fraud, collision, or system abuse; or (iii) in case of any regulatory or legal requirements that compel termination. You understand that any termination might revoke your privileges or pending profits, however, it will not affect your right of ownership of Our NFT. 13.3 You understand and acknowledge that any You shall not be eligible to any compensation or damages in case of termination of your account and revoke of your access to the challenge for any reason whatsoever.
14. Dispute Resolution and Governing Law:
14.1 These Terms and the agreement that they form are governed by the laws of the United Arab Emirates without regard to conflict of law principles.
14.2 Any dispute, controversy, or claim arising out of or in connection with these Terms, including any question regarding their existence, validity, interpretation, performance, or termination, shall be referred to and finally resolved by arbitration under the Rules of the Dubai International Arbitration Centre (“DIAC”), which rules are deemed to be incorporated by reference into this section. The seat and legal place of arbitration shall be Dubai, United Arab Emirates. The tribunal shall consist of one (1) arbitrator appointed in accordance with the DIAC Rules. The language of the arbitration shall be English. The award shall be final and binding on the parties and may be enforced in any court of competent jurisdiction.
15. Communication:
15.1 You acknowledge and agree that any statements, materials, communications, community content, promotional materials, examples, illustrations, or marketing content (including on social media) are provided for general informational purposes only and do not form part of these Terms or create any binding obligation, representation, or guarantee. These Terms, together with the Privacy Policy and Cookie Policy, exclusively govern your use of the Services. In the event of any inconsistency between such materials and these Terms, these Terms shall prevail.
15.2 Affiliates, partners, ambassadors, influencers, and other third parties are not authorized to make representations, commitments, warranties, or assurances on behalf of the Company, and the Company shall not be responsible for any statements or conduct of such third parties.
15.3 You understand and acknowledge that all communication from C Technologies or its partners in connection with the provision of Services will only take place through the Trader Dashboard or your e-mail address, which You registered with Us, from the official channels of the Company.
15.4 Our only official contact e-mail address is support@carrotfunding.io, and You may send any notices on such address.
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