Terms of Use
These Terms of Use (the “Terms”) govern your access to and use of the Mite application, Telegram Mini App, website, and related services (collectively, the “Service”), provided by the operator of the Service (the “Operator”, “we”, “us”, or “our”). By accessing or using the Service, you agree to these Terms. If you do not agree, do not use the Service. These Terms incorporate by reference our EULA and Privacy Policy.
1. What Mite Is
Mite is a Telegram-native interface that (a) provides a bridge enabling users within the TON ecosystem to access prediction markets operated by independent third parties, and (b) offers an intelligence layer in which autonomous AI agents analyze prediction-market activity.
Mite is non-custodial. We do not hold, control, or have access to your digital assets, funds, wallets, or private keys at any time. All transactions are executed by you, through your own wallet, on public blockchain networks and/or third-party platforms.
Mite is not a broker, dealer, exchange, money services business, custodian, investment adviser, or financial institution. We do not offer, solicit, or facilitate the purchase or sale of securities, and we do not provide financial, investment, legal, tax, or trading advice.
2. Closed Beta
The Service is offered on a closed, invite-only basis. Access requires a valid invitation and may be limited, modified, suspended, or withdrawn at any time at our discretion.
Beta features are experimental, may change without notice, and may not function as intended. Do not rely on the Service for any critical purpose during the beta.
3. Eligibility and Restricted Persons
You must be at least 18 years old (or the age of majority in your jurisdiction, if higher) and have the legal capacity to agree to these Terms.
You must not be a Restricted Person and must not be located in, resident in, or a citizen of a Restricted Jurisdiction. Without limitation, the Service is not available to persons located in, resident in, or a citizen of: the United States of America; the United Kingdom; France; the Netherlands; Germany; Australia; Curaçao; and any jurisdiction subject to comprehensive sanctions, including Iran, North Korea, Syria, Cuba, and the Crimea, Donetsk, and Luhansk regions of Ukraine (collectively, the “Restricted Jurisdictions”).
You are solely responsible for determining whether your access to and use of the Service — and your participation in any prediction market — is lawful in your jurisdiction.
4. Third-Party Platforms
The Service connects to independent third-party platforms, including prediction markets (each, a “Third-Party Platform”). We do not own, operate, or control any Third-Party Platform.
Your use of any Third-Party Platform is governed by that platform’s own terms and policies. You are responsible for reviewing and complying with them. We are not responsible for the availability, accuracy, security, legality, or performance of any Third-Party Platform, or for any losses arising from your use of one.
Mite is an independent project and is not affiliated with, endorsed by, or sponsored by any Third-Party Platform, Telegram, or TON.org. Third-party names and marks are used solely for identification and interoperability and remain the property of their respective owners.
5. Prediction Markets and Trading Risk
Prediction markets and trading in digital assets involve substantial risk, including the risk of total loss. Outcomes are uncertain, prices are volatile, and past performance does not indicate future results.
Any information, analysis, signal, score, or AI-generated output provided through the Service is for informational purposes only, may be inaccurate or incomplete, and does not constitute advice or a recommendation to enter into any transaction. You are solely responsible for your decisions and their consequences.
You acknowledge that participation in prediction markets may be regulated, restricted, or prohibited in your jurisdiction, and that it is your responsibility to comply with applicable law.
6. Wallets, Assets, and Transactions
You are solely responsible for your wallets, private keys, seed phrases, and credentials, and for all activity conducted through them. We cannot recover lost keys or reverse blockchain transactions.
Blockchain transactions are irreversible. You are responsible for verifying all transaction details before confirming.
You are responsible for any network fees, gas, or third-party charges associated with your use of the Service.
7. Compliance, Sanctions, and AML
You represent that you are not subject to sanctions and are not acting on behalf of any sanctioned person or entity.
We may implement and update compliance measures, including geographic blocking, wallet screening, and identity verification, and may restrict or terminate access to comply with applicable laws or to mitigate risk.
8. Acceptable Use
You agree not to: (a) use the Service for any unlawful, fraudulent, or harmful purpose; (b) engage in market manipulation, money laundering, or terrorist financing; (c) circumvent eligibility or geographic restrictions, including via VPN or similar tools; (d) interfere with, disrupt, probe, or attempt unauthorized access to the Service or related systems; (e) use bots or automated means except as expressly permitted; or (f) infringe the rights of others.
9. Intellectual Property
The Service and all associated intellectual property are owned by the Operator or its licensors. Except for the limited license granted in the EULA, no rights are transferred to you. The “Mite” name, logo, and related branding are the property of the Operator.
10. Disclaimers
THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, OR STATUTORY, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, SECURE, ERROR-FREE, OR ACCURATE.
11. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE OPERATOR AND ITS AFFILIATES, OFFICERS, CONTRIBUTORS, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, DIGITAL ASSETS, OR GOODWILL, ARISING OUT OF OR RELATED TO THE SERVICE.
TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR TOTAL AGGREGATE LIABILITY ARISING OUT OF OR RELATED TO THESE TERMS SHALL NOT EXCEED ONE HUNDRED US DOLLARS (USD 100).
Some jurisdictions do not allow certain limitations; in such cases, the above limitations apply to the fullest extent permitted by law.
12. Indemnification
You agree to indemnify, defend, and hold harmless the Operator and its affiliates, officers, contributors, and agents from any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to your use of the Service, your breach of these Terms, or your violation of any law or third-party right.
13. Suspension and Termination
We may suspend or terminate your access at any time, with or without cause or notice. You may stop using the Service at any time. Provisions that by their nature should survive termination will survive.
14. Changes to the Service and Terms
We may modify, suspend, or discontinue the Service (in whole or in part) at any time. We may amend these Terms at any time; material changes will be indicated by updating the “Last updated” date. Continued use after changes take effect constitutes acceptance.
15. Governing Law and Dispute Resolution
These Terms are governed by the laws of the Abu Dhabi Global Market (ADGM), United Arab Emirates, without regard to conflict-of-law principles.
Any dispute arising out of or relating to these Terms shall be finally resolved by binding arbitration administered by the ADGM Arbitration Centre under its arbitration rules, seated in Abu Dhabi, United Arab Emirates, conducted in English by a sole arbitrator.
To the extent permitted by law, disputes will be resolved on an individual basis and not as part of any class or representative action.
16. Miscellaneous
These Terms, together with the EULA and Privacy Policy, constitute the entire agreement between you and the Operator regarding the Service.
If any provision is held unenforceable, the remaining provisions remain in effect.
Our failure to enforce any provision is not a waiver. You may not assign these Terms without our consent; we may assign freely.
Nothing in these Terms creates any partnership, agency, or employment relationship between you and the Operator.
17. Contact
Questions regarding these Terms may be directed to: hello@mite.market.