Terms of Service

Last Updated: June 16, 2025

THE SECTION OF THESE TERMS OF SERVICE ENTITLED “GOVERNING LAW AND DISPUTE RESOLUTION” CONTAINS AN ARBITRATION CLAUSE THAT REQUIRES DISPUTES TO BE ARBITRATED ON AN INDIVIDUAL BASIS AND PROHIBITS CLASS ACTION CLAIMS. IT AFFECTS HOW DISPUTES BETWEEN YOU AND ROYAL ARE RESOLVED. BY ACCEPTING THESE TERMS OF SERVICE, YOU AGREE TO BE BOUND BY THIS ARBITRATION PROVISION. PLEASE READ IT CAREFULLY.

SECTIONS 8 AND 9 CONTAIN BROAD AND STRICT LIMITATIONS OF LIABILITY THAT LIMIT OUR LIABILITY AND INDEMNIFICATION OBLIGATIONS THAT REQUIRE YOU TO INDEMNIFY US IN CERTAIN CIRCUMSTANCES. BY USING THE SERVICES AND / OR OTHERWISE AGREEING TO THESE TERMS, YOU AGREE TO BE BOUND BY SUCH LIMITATIONS OF LIABILITY AND INDEMNIFICATION OBLIGATIONS.

PLEASE READ THESE TERMS CAREFULLY, AS THEY CONTAIN MANY LIMITATIONS, PARAMETERS AND RULES REGARDING YOUR USE THE SERVICES (AS DEFINED BELOW) (COLLECTIVELY, “RULES”), AND SUCH RULES ARE DISPERSED THROUGHOUT THESE TERMS AND NOT CONSOLIDATED INTO ANY SINGLE SECTION.

WE ARE NOT OBLIGATED TO ENSURE THE SAFE RETURN OF YOUR DEPOSITED ASSETS (AS DEFINED BELOW), AND YOU ACKNOWLEDGE AND AGREE THAT WE SHALL NOT BE LIABLE FOR ANY DELAY IN YOUR ABILITY TO REDEEM YOUR ARTIST NFT (AS DEFINED BELOW) AND RETRIEVE YOUR DEPOSITED ASSETS. YOUR ABILITY TO RETRIEVE YOUR DEPOSITED ASSETS DEPENDS ON A NUMBER OF FACTORS, INCLUDING, BUT NOT LIMITED TO, VAULTS (AS DEFINED BELOW) HAVING ENOUGH LIQUIDITY, MARKET VOLATILITY, AND / OR THE RULES AND PARAMETERS OF ANY UNDERLYING THIRD-PARTY SERVICES, THE VAULTS, AND / OR ANY BLOCKCHAIN-BASED SYSTEMS.

Please read these Terms of Service (the “Terms”) and our Privacy Policy (https://www.joinbond.xyz/legal/privacy-policy) (the “Privacy Policy”) carefully because they govern your use of the Bond platform, including, but not limited to, the underlying set of smart contracts, located here [https://github.com/royal-io/artist-token-contracts] that enable the features of the Bond platform (the “Protocol”), the website located at joinbond.xyz and any associated mobile or web based applications (the “Front End,” together with the Protocol, the “Platform”) offered by Royal Markets Inc., a Delaware corporation (“we,” “us,” or “Royal”). To make these Terms easier to read, the Platform and our services offered thereon are collectively called the “Services.”

Agreement to Terms. By accessing or using our Services, you agree to be bound by these Terms. If you don’t agree to be bound by these Terms, do not use the Services. These Terms hereby are hereby incorporated by this reference any additional terms and conditions with respect to the Services posted by Royal to the Platform or otherwise made available to you by Royal, including, but not limited to, the additional terms included on Annex A (the “Boilerplate Terms”) and Annex B (the “Risks”) at the bottom of these Terms. If you are an individual accessing or using the Services on behalf of, or for the benefit of, any corporation, partnership or other entity with which you are associated (“Organization”), then you are agreeing to these Terms on behalf of yourself and such Organization, and you represent and warrant that you have the legal authority to bind such Organization to these Terms. References to “you” and “your” in these Terms will refer to both the individual using the Services and to any such Organization. To the extent the terms contained in the primary body of these Terms conflicts with the Terms contained in the Boilerplate Terms, the terms contained in the primary body of these Terms shall govern.
Definitions.
1. “Artist” means an artist who is eligible to use the Protocol, as determined by Royal in its sole discretion.
2. “Artist NFT” means the NFT representing your Bonded Digital Asset.
3. “Bond” and “Bonding” mean depositing Digital Assets in Vaults through the Protocol in connection with supporting an Artist.
4. “Deposited Asset” means a Digital Asset a user deposited in an Artist’s Vault.
5. “Digital Asset” means, collectively, Fungible Tokens and NFTs.
6. “Fungible Tokens” means any fungible tokens, coins, crypto assets, digital assets or any other assets created, issued, or built on or in connection with any blockchain, cryptographic or other distributed ledger technology.
7. “Inner Circle” means the Perks offered by an Artist on the Platform.
8. “NFT” means any non-fungible tokens, coins, crypto assets, digital assets or any other assets created, issued, or built on or in connection with any blockchain, cryptographic or other distributed ledger technology.
9. “Royal Parties” means Royal and all our past, present and future partners, parents, subsidiaries, affiliates and joint venturers, as well as all of our respective past, present and future its officers, directors, agents, representatives, attorneys, predecessors, successors and assigns, whether acting in the course and scope of employment, and all persons acting by, through, under, or in concert with any of them.
10. “Perks” means the perks, benefits, information and community engagement features provided by Artists as a result of such Supporters reaching certain Bonding thresholds in such Artist’s Vault, determined by each Artist in their sole discretion.
11. “Supporter” means a user who supports an Artist by Bonding to them through the Protocol.
12. “Tip” means a user’s permanent and gratuitous transfer of Digital Assets to an Artist.
13. “Vault” means a decentralized finance smart contract system deployed on a blockchain that manages pooled user funds, automates yield-generating strategies, and enforces rules for deposits, withdrawals, and earnings distribution, including, but not limited to, Morpho vaults. Any reference herein to an “Artist’s Vault” refers to the aggregate number of Digital Assets Bonded to a specific Artist on the Protocol and is not meant to suggest that each Artist will have a dedicated Vault.
14. “Vault Rewards” rewards, yield and / or other benefits generated by participation in a Vault.
15. “Wallet” means a software application, device, or other mechanism used to store, send, receive, or manage private keys and corresponding public keys associated with Digital Assets. A Digital Asset Wallet may be custodial or non-custodial and may reside on hardware, software, or cloud-based platforms, and is used to facilitate the ownership and transfer of Digital Assets on one or more blockchain networks.
Overview of the Platform and the Services. We provide a front-end user interface that allows you to, among other things, connect to and interact with the Protocol. The Platform enables: (i) Supporters to temporarily deposit Digital Assets into Vaults on behalf of Artists; (ii) Supporters to give Tips to Artists; (iii) Artists to claim Vault Rewards, including such rewards generated from Tips (as further described below); and (iv) Artists to provide Supporters Perks.

By Bonding to an Artist, Supporters may gain access to an Artist’s Inner Circle, which allows an Artist to provide Supporters with any benefits they wish to provide, which may include, but is not limited to, private group chats and exclusive content; provided, however, an Artist may choose to limit access to an Artist-specified subset of Inner Circle members. Such benefits are voluntary and solely at the discretion of each Artist, remain subject to change at anytime, and Royal has no control, responsibility or obligations regarding any such Inner Circle related benefits and / or the number of Digital Assets required to reach the Inner Circle or any tier thereof.

Acknowledgements, Understandings and Covenants. In addition to any other acknowledgements, understandings, and covenants dispersed throughout these Terms, you understand, acknowledge, agree and covenant, as applicable, to the following:
1. Bonding, Tips and Inner Circle.
  1. If you’re a Supporter:
    1. In order to Bond to an Artist, you will need to transfer Digital Assets to an Artist’s Vault, in each case as supported by the Protocol. In return, you will receive an Artist NFT will represent each Digital Asset you Bonded to a given Artist. Each Artist NFT will be specific to the applicable Artist to which your Deposited Asset is Bonded to.
    2. Once you’re Bonded to an Artist, you may be able to enjoy their Inner Circle, provided you meet the required criteria set by each Artist, and enjoy the Perks the Artist has chosen to share with you. Royal does not curate or otherwise require Artists to provide any special music, tickets, exclusives, or other benefits or information in their Inner Circle, and Royal shall not be liable to the extent the Artist fails to do so. You may Bond to an Artist and receive absolutely nothing in return, and Royal shall not be liable to the extent you receive nothing in return.
    3. When you Bond to an Artist, you will not receive any sort of financial return whatsoever. You will not generate any yield, earn any rewards, or otherwise generate any sort of financial benefit from Bonding to an Artist. You understand the foregoing and accept that, by Bonding to an Artist, you do not expect any profit, return or other fiscal benefit.
    4. Your Deposited Assets may generate Vault Rewards; provided, however, (i) all Vault Rewards are owned by the Artist to which the underlying Deposited Assets are Bonded to, and (ii) to the extent, due to operation of law, the terms of the underlying Vault or any related third-party service, such Deposited Assets are not deemed to be owned by the Artist, you hereby and without any further action by you, donate all such Vault Rewards to the Artist.
    5. If you decide you no longer want to support an Artist, you can withdraw your Bond by redeeming the Artist NFTs on the Platform. When you redeem the Artist NFTs, you will no longer have access to them and will be returned the corresponding amount of Deposited Assets you initially Bonded. The un-Bonding process may take time and not process instantaneously due to any number of reasons, including, but not limited to, the rules and parameters of any underlying third-party services, the Vaults, and / or any blockchain-based systems. There may not be enough liquidity in the Vaults for you to be able to withdraw your Deposited Assets. You accept any period of time required to withdraw your Deposited Assets regardless as to whether such time is required due to a lack of liquidity, market volatility, and / or as required by the Platform and the rules and parameters of any underlying third-party services, the Vaults, and / or any blockchain-based systems.
    6. When you give a Tip to an Artist, you are making a voluntary, one-time transfer of Digital Assets to that Artist. Tips are not refundable under any circumstances. Giving an Artist a Tip does not entitle you to any Vault Rewards, Inner Circle access, or any other benefit, unless otherwise explicitly offered by the Artist
  2. If you’re an Artist:
    1. You will be entitled to all the Vault Rewards related to any Deposited Assets Bonded to you; provided. To receive the Vault Rewards you’re entitled to, you will be required to claim your Vault Rewards through the Protocol and pursuant to the rules, processes and procedures set forth in the Protocol, the Vaults and or any applicable third-party service.
    2. You are responsible for determining the Perks you offer, and Royal is not obligated to provide any subsidy, funds or any other assistance in connection with the Perks you offer your Supporters; provided, however, Royal may, in its sole discretion, make some features available to you that enable you to deliver Perks through the Front End. Royal is not a party to, and assumes no responsibility for, the delivery, timing, or content of any Perks you offer your Supporters.
    3. Any Tip a Supporter gives you on the Platform will automatically be deposited in your Artist Vault on your behalf, and you will be given corresponding Artist NFTs. In order to receive your Tip, you will be required to redeem your Artist NFTs as a Supporter, in the same manner as a Supporter, and subject to the terms and conditions applicable to a Supporter.
2. No Harm, Circumvention or Gaming the Protocol. You shall not yourself, or cause any third party on your behalf to, take any of the following actions:
  1. That could reasonably be expected to: (i) cause Supporters to lose access to or control over their Deposited Assets; (ii) interfere with Vault redemption mechanics or smart contract operations; (iii) tamper with or disable Vault logic, functionality, or liquidity availability; (iv) impair or delay any Supporter’s ability to redeem an Artist NFT; or (v) reroute Deposited Assets or Vault Rewards in an unauthorized manner.
  2. Engage in or facilitate phishing, wallet draining, impersonation, spoofing, or similar malicious activity;.
  3. Make misrepresentations about the Platform, Vault mechanics, or the nature of Supporter benefits.
  4. Falsely imply that Royal guarantees, endorses, or backs your perks or offers.
  5. Promote the Platform as an investment, profit opportunity, or any form of securities offering.
3. Perks. We do not guarantee the availability, quality, frequency, or content of any Perk, nor are we responsible for their creation, delivery, or accuracy. Perks are offered independently by Artists, and Royal disclaims all liability for any Supporter’s dissatisfaction, reliance, or losses arising from such offerings. Royal does not review, endorse, vet, or validate any representations made by Artists in connection with Perks. Supporters are solely responsible for evaluating the suitability and credibility of any Artist-offered benefit.
4. No Investment Intent; No Securities Offering. Your use of the Platform does not constitute an investment in, or offer to purchase, any security, financial instrument, or investment contract. Artist NFTs, vault mechanics, and yield flows are designed for creator engagement and community support - not profit expectation or speculative return. No part of the Platform constitutes legal, financial, or investment advice, and Royal makes no representation that any part of the Platform complies with the laws or regulations of any jurisdiction relating to securities, commodities, or money services. You acknowledge that Artist NFTs do not confer any right to profits, dividends, ownership, governance participation, or equity in Royal, Artists, or any other entity.
5. Front End and Protocol.
  1. The Protocol is an immutable set of self-executing smart contracts. Whereas we have the ability to create an allow list of Vaults from which Artists may be allowed, in our sole discretion, to select to which Supporter Bonds will be deposited, we do not otherwise control the Protocol and have no way of ever controlling the Protocol, updating the Protocol, or otherwise changing any of the rules governing the Protocol. The Protocol is provided “AS IS,” and your use of the Protocol is at your own risk. Royal shall not be liable for any failures of the Protocol, including, but not limited to, any hacks, vulnerabilities, bugs, or any other issues that may arise in connection with your use of the Protocol.
  2. The Front End provides a web or mobile-based means of accessing the Protocol. The Front End is distinct from the Protocol and is one, but not the exclusive, means of accessing the Protocol. You can directly access the Protocol yourself, or you can access the Protocol through any third-party developed and operated user interface (if any) (a “Third-Party Front End”). If you use a Third-Party Front End, you will be subject to the terms and conditions associated therewith, and Royal shall not be responsible or liable for any Claims (as defined below) arising out of or in connection with your use of such Third-Party Front End.
6. Royal Doesn’t Custody Funds. You always control your Wallet. Royal never holds your Digital Assets, nor does Royal ever take control over the same. When interacting with the Platform, whether that be the Front End or the Protocol, your Digital Assets transfer directly from your Wallet into the Protocol. You’re responsible for signing transactions, verifying what they do, and making sure they go to the right contract address, and you agree that Royal will not be liable for any issues arising in connection with your transfer of Digital Assets on the Platform, including but not limited to, sending Digital Assets to the wrong Wallet and / or smart contract.
7. Vaults. We may use various Vaults from various third-party providers, including, but not limited to, Morpho Vaults, and these Vaults may change from time-to-time in our sole discretion. These Vaults are subject to additional terms and conditions, which you agree to be bound by as further described in Section 10. When a Supporter Bonds to an Artist, the Deposited Assets are held in the Vaults, and we do not have access to, nor can we control, the Deposited Assets while they are Bonded. We may use various Vaults, chosen in our sole discretion, and that, unless set forth on the Platform, we do not promise that a Supporter’s Deposited Assets will be deposited into any given Vault. By participating in the Platform, you understand and agree that:
  1. Vaults Use Smart Contracts. Royal vaults are powered by smart contracts on public blockchain networks. These are autonomous systems that execute logic automatically - not things Royal can pause or reverse. Like all smart contracts, they can contain bugs or be exploited. Royal doesn’t control or audit every contract involved and makes no guarantees about how they work or whether they’ll always perform as expected.
  2. Vault Providers Set the Rules. The third party providers that control and operate the Vaults determine how your Digital Assets are stored, how yield is generated, and how they are withdrawn. They can change, pause, suffer attacks, or go offline - and Royal can’t stop or fix that. You accept these risks. Royal will not be liable for any issues that arise in connection with such Vaults, your Deposited Assets and / or your Vault Rewards.
  3. Redemptions Aren’t Guaranteed. When a Supporter redeems their Artist NFT, they’re withdrawing their Deposited Assets from the applicable Vault. But that only works if there’s enough Digital Assets available - which depends on the Vault protocol, smart contract state, and how much has been earned or withdrawn already. Royal doesn’t promise your Deposited Assets and / or Vault Rewards will always be immediately redeemable, or that you’ll get exactly what you expect. Royal shall not be liable if you are not able to or delayed from withdrawing your Deposited Assets and / or Vault Rewards.
  4. Yield Is Not Promised. Vaults may generate Vault Rewards or they may not. Sometimes a Vault might even result in your Deposited Assets losing value depending on what happens with the Vault protocol. Royal does not guarantee that any Vault will yield any Vault Rewards.
Eligibility. You may use the Services only if you, and you represent and warrant that you (as applicable):
1. Are at least the age of majority in your jurisdiction (e.g., 18 years old in the United States) and capable of forming a binding contract with Royal;
2. Do not reside in, are not located in, are not incorporated in, and do not have a registered office or principal place of business in any other Prohibited Jurisdiction. “Prohibited Jurisdiction” means China Mainland, Panama, Cuba, Iran, North Korea, Syria, Crimea (Ukraine), Luhansk (Ukraine), Donetsk (Ukraine), Belarus, Burundi, Democratic Republic of the Congo, Iraq, Lebanon, Libya, Nicaragua, Somalia, Sudan, Russia, Venezuela, Yemen, and Zimbabwe;
3. (i) Are not the subject of sanctions administered or enforced by the United States (including without limitation the U.S. Department of the Treasury’s Office of Foreign Asset Control), the United Kingdom, the European Union or any other governmental authority (“Sanctions”) or (ii) organized or resident in a country or territory that is the subject of country-wide or territory-wide Sanctions;
4. Do not, and will not, use VPN software or any other privacy or anonymization tools or techniques, or other means, to circumvent, or attempt to circumvent, any restrictions that apply;
5. Understand the risks associated with using the Services, including, but not limited to, your assumption of all such risks detailed in the Risks;
6. Will not falsify or materially omit any information or provide misleading or inaccurate information requested by Royal in the course of, directly or indirectly relating to, or arising from your activities on or use of the Services, including, but not limited to, at registration or during administration or other due diligence processes, and that if any information provided to Royal becomes incorrect or outdated, you will promptly provide corrected information to Royal;
7. Acknowledge and agree that any Wallet you use in connection with the Services is wholly controlled and owned by you and that Royal does not have any right, title or interest to the Wallet, except as otherwise set forth herein;
8. Will not use the Services in order to conceal or disguise the origin or nature of proceeds of crime or terrorist financing, or to further, any breach of applicable law, or to deal in any unlawful property, funds, or proceeds;
9. Have not, nor have any of your affiliates, directly or indirectly offered, promised, given, or authorized any payment, or offered, promised, given, or authorized the giving of anything else of value, including, but not limited to, any cryptocurrency, to a government official or individual employed by another entity in the private sector in violation of any applicable law;
10. Consent to any and all tax and information reporting under applicable law;
11. Will not, nor will any of your affiliates, use the Services directly or indirectly (i) on behalf of or for the benefit of any person subject to the jurisdiction of a Prohibited Jurisdiction, (ii) in violation of or as prohibited, restricted, or penalized under applicable law, or (iii) in any way that would violate, be inconsistent with, penalized under, or cause the omission of filing of any report required under applicable law;
12. Are not otherwise barred from using the Services under applicable law; and
13. Will accurately and promptly inform us if you know or have reason to know whether any of the foregoing representations or warranties no longer is correct or becomes incorrect.
Fees and Payments. You agree to pay for any products and services we sell or provide on the Platform, without limitation, by submitting the applicable purchase price in the amount and in the form set forth on the Platform. In the event that such payments are made with cryptocurrency, we will have no insight into or control over these payments or transactions, nor do we have the ability to reverse any transactions. Royal Parties will have no liability to you or to any third party for any and all charges, promises, actions, causes of action, covenants, contracts, controversies, agreements, complaints, claims, liabilities, obligations, suits, demands, grievances, arbitrations, costs, losses, debts and expenses, including attorney’s fees, of any nature whatsoever, known or unknown, foreseen or unforeseen (hereinafter, “Claims”) that may arise as a result of any transactions that you engage or any other transactions that you conduct via the applicable blockchain. We will not refund any fees under any circumstances.
Disclaimers. THE SERVICES AND PLATFORM ARE PROVIDED “AS IS,” WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WE EXPLICITLY DISCLAIM ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE. We make no warranty that the Services and Platform will meet your requirements or be available on an uninterrupted, secure, or error-free basis. We make no warranty regarding the quality, accuracy, timeliness, truthfulness, completeness or reliability of any information or content on the Services or Platform.

YOU ACKNOWLEDGE AND AGREE THAT ROYAL MAKES NO REPRESENTATIONS OR WARRANTIES REGARDING THE POTENTIAL REWARDS, TIPS, AND / OR BENEFITS YOU MAY RECEIVE.

Release and Indemnification.
1. You Agree to Indemnify Us and Release Us from Liability. YOU, ON BEHALF OF YOURSELF AND ON BEHALF OF YOUR HEIRS, ESTATE, EXECUTORS, ADMINISTRATORS, AGENTS, BENEFICIARIES, TRUSTEES, LEGAL AND OTHER REPRESENTATIVES, SUCCESSORS AND ASSIGNS, HEREBY IRREVOCABLY AND UNCONDITIONALLY AGREE TO INDEMNIFY, DEFEND, AND HOLD HARMLESS, AND RELEASE AND FOREVER DISCHARGE, ROYAL PARTIES FROM ANY AND ALL CLAIMS THAT RELATE TO, ARISE OUT OF, OR OTHERWISE INVOLVE:
  1. YOUR BREACH OR VIOLATION OF THESE TERMS OR ANY APPLICABLE LAW OR REGULATION;
  2. ANY DAMAGES INCURRED BY ANOTHER USER IN CONNECTION WITH THEIR USE OF THE SERVICES ATTRIBUTABLE TO YOUR ACTIONS, INACTIONS, NEGLIGENCE AND / OR WILLFUL MISCONDUCT;
  3. YOUR NEGLIGENCE AND / OR WILLFUL MISCONDUCT;
  4. ANY REPRESENTATIONS OR OMISSIONS MADE BY YOU TO US, ANY OTHER USERS OF THE PLATFORM AND / OR ANY THIRD-PARTY;
  5. ANY ACTION OR INACTION BY YOU, OR ANY PERSON ACTING ON YOUR BEHALF, THAT RESULTS IN (OR IS ALLEGED TO RESULT IN) A USER OF THE PLATFORM’S ABILITY TO WITHDRAW DEPOSITED ASSETS FROM THE PROTOCOL AND / OR ANY VAULTS;
  6. ANY MISCONDUCT, MISREPRESENTATION, NEGLIGENCE, FRAUD OR VIOLATION OF APPLICABLE LAW;
  7. IF YOU’RE AN ARTIST, ANY ENGAGEMENT, PROMOTION, OR ENDORSEMENT YOU MAKE OUTSIDE THE PLATFORM (E.G., ON SOCIAL MEDIA, IN-PERSON EVENTS, PRESS RELEASES, ETC.) RELATING TO ROYAL AND / OR THE PLATFORM; OR
  8. ANY DISPUTE BETWEEN OR AMONG, AS APPLICABLE, YOU AND ANY OTHER USERS OF THE PLATFORM, INCLUDING, BUT NOT LIMITED TO, ANY DISPUTES BETWEEN AN ARTIST AND SUPPORTER(S) ARISING FROM PROMISES, CONTENT OR CONDUCT RELATED TO YOUR INNER CIRCLE OR TIP CAMPAIGNS.
2. Royal Defense Rights. Royal reserves the right, at its own expense, to assume the exclusive defense and control of any matter for which you are obligated to indemnify Royal. You agree to cooperate fully with Royal in asserting any available defenses and shall not settle any claim without Royal’s prior written consent.
Limitation of Liability.
1. TO THE MAXIMUM EXTENT PERMITTED BY LAW, NEITHER ROYAL PARTIES NOR THEIR RESPECTIVE SERVICE PROVIDERS INVOLVED IN CREATING, PRODUCING, OR DELIVERING THE SERVICES WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE OR SYSTEM FAILURE OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT ROYAL OR ITS SERVICE PROVIDERS HAS BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.
2. TO THE MAXIMUM EXTENT PERMITTED BY THE LAW OF THE APPLICABLE JURISDICTION, IN NO EVENT WILL ROYAL’S TOTAL LIABILITY ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE THE SERVICES EXCEED THE LESSER OF (I) $100 OR (II) THE AMOUNTS YOU ACTUALLY PAID TO ROYAL IN THE TWELVE (12) MONTH PERIOD IMMEDIATELY PRECEDING THE EVENT FIRST GIVING RISE TO SUCH CLAIM.
3. THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN ROYAL AND YOU.
Governing Law. These Terms and any action related thereto will be governed by the laws of Delaware, without regard to its conflict of laws provisions.
Binding Arbitration.
1. You and Royal agree that any dispute, claim, or controversy arising out of or relating in any way to these Terms, your use of the Services, or the relationship between the parties, shall be resolved exclusively through final and binding arbitration, rather than in court, except that either party may assert claims in small claims court in Delaware if those claims qualify.
2. The arbitration shall be conducted by a single arbitrator in accordance with the rules of the American Arbitration Association (“AAA”) applicable to consumer disputes (if you are an individual) or commercial disputes (if you are a business). The arbitration shall be held in Austin, Texas , or another mutually agreed location.
3. The arbitrator shall be empowered to grant whatever relief would be available in a court under law or in equity. The arbitrator’s award shall be final and binding on the parties and may be entered as a judgment in any court of competent jurisdiction.
Class Action Waiver. YOU AND ROYAL AGREE THAT ANY CLAIMS SHALL BE BROUGHT INDIVIDUALLY AND NOT ON A CLASS, COLLECTIVE, REPRESENTATIVE, OR CONSOLIDATED BASIS. THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS AND MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A CLASS OR REPRESENTATIVE PROCEEDING.
Venue for Judicial Proceedings. In the event that the arbitration agreement is found not to apply to you or your claim, you agree that any judicial proceeding (other than small claims actions) shall be brought exclusively in the state or federal courts located in Austin, Texas. You and Royal consent to venue and personal jurisdiction in those courts
Opt-Out Option. You may opt out of this arbitration agreement by sending written notice to support@royal.io within thirty (30) days of your initial acceptance of these Terms of Service. Your notice must include your full name, address, and a clear statement that you wish to opt out of arbitration.

Annex A

Boilerplate Terms

Privacy Policy. Please review our Privacy Policy, located at https://www.joinbond.xyz/legal/privacy-policy. Our Privacy Policy also governs your use of the Services and contains information on how we collect, use and share your information.
Feedback. We appreciate feedback, comments, ideas, proposals and suggestions for improvements to the Services (“Feedback”). If you choose to submit Feedback, you agree that we are free to use it without any restriction or compensation to you.
Network Fees. During your use of the Services, you may be charged fees by applicable blockchain networks (collectively, the “Network Fees”). You, and not Royal, are responsible for paying these Network Fees.
Taxes. It is your responsibility to determine what, if any, taxes apply to your use of the Services, and to report and remit the correct tax to the appropriate tax authority. We are not responsible for determining whether taxes apply to your use of the Services, or for collecting, reporting, or remitting any taxes arising from such use. We encourage you to speak with your personal tax advisor regarding the tax implications of your use of the Service.
Your Wallet and Accounts.
1. In connection with using the Services, you may be required to connect a Wallet and / or create an account. Royal does not know or have access to the private keys to the Wallets you connect to the Services. You are exclusively responsible for maintaining the confidentiality and security of your Wallets, accounts and devices you use to access the Services. You are also responsible for maintaining the security of your accounts and the Wallets you utilize in connection with the Services, including, but not limited to, keeping your account information up to date. You are solely responsible for ensuring that no unauthorized person has access to your account, Wallets, or any device that you utilize in connection with the Services. We are not liable for any loss or damage arising from your failure to protect your account or Wallets. You acknowledge and agree that the Wallet you connect to the Services is personal to you and any sharing of such Wallet with others will subject your account to cancellation without refund. You agree to notify us as soon as you become aware that another person has unauthorized access to your account.
2. These Terms and the Services are not intended to, and do not, create or impose any fiduciary duties on us. To the fullest extent permitted by law, you acknowledge and agree that we owe no fiduciary duties or liabilities to you or any other party, and that to the extent any such duties or liabilities may exist at law or in equity, those duties and liabilities are hereby irrevocably disclaimed, waived, and eliminated.
Changes to these Terms or the Services. We may update the Terms from time to time in our sole discretion. If we do, we’ll let you know by posting the updated Terms on the Platform or may also send other communications. It’s important that you review the Terms whenever we update them or you use the Services. If you continue to use the Services after we have posted updated Terms, then it means that you accept and agree to the changes. If you don’t agree to be bound by the changes, you may not use the Services anymore. Because our Services are evolving over time we may change or discontinue all or any part of the Services, at any time and without notice, at our sole discretion.
Rights.
1. By using the Platform, you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to text, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you post on or through the Platform for our current and future business purposes, including to provide, promote, and improve the services. This includes any digital file, art, or other material linked to or associated with any Digital Assets that are displayed and / or otherwise used to interact on the Platform. You represent and warrant that you have, or have obtained, all rights, licenses, consents, permissions, power and/or authority necessary to grant the rights granted herein for any material that you list, post, promote, or display on or through the Platform. You represent and warrant that such content does not contain material subject to copyright, trademark, publicity rights, or other intellectual property rights, unless you have necessary permission or are otherwise legally entitled to post the material and to grant us the license described above, and that the content does not violate any laws.
2. If you comply with these Terms, Royal grants to you a limited non-exclusive, non-transferable license, with no right to sublicense, to use the Services. Except as expressly permitted in these Terms, you may not (and may not allow a third party to): (i) copy, modify or create derivative works based on the Services; (ii) distribute, transfer, sublicense, lease, lend or rent the Services to any third party; (iii) reverse engineer, decompile or disassemble the Services (unless applicable law permits, despite this limitation); or (iv) make the functionality of the Services available to multiple users through any means. You may not (a) use the Services in any manner that could damage, disable, overburden, or impair the servers and other resources of the Platform and / or any applicable blockchain network, (b) interfere with any third party’s use of a Platform and / or any applicable blockchain network, or (c) to knowingly or intentionally cause any other user’s financial loss, emotional distress, or any other form of harm. You may not attempt to gain unauthorized access to any aspect of the Platform or to information for which you have not been granted access.
3. Royal and its licensors exclusively own all right, title and interest in and to the Services and its entire contents, features, and functionality, including all associated intellectual property rights. You acknowledge that the Services are protected by copyright, trademark, and other applicable laws. You agree not to remove, alter or obscure any copyright, trademark, service mark or other proprietary rights notices incorporated in or accompanying the Services. Royal’s name and all related names, logos, product and service names, designs, and slogans (“Royal Branding”) are trademarks of Royal, its associates, or licensors (collectively, “Associates”). Except as otherwise set forth herein, you may not use any Royal Branding without the prior written permission of Royal. All other names, logos, product and service names, designs, and slogans on the Services are the trademarks of their respective owners.
4. Portions of the Services may include source code governed by the Business Source License 1.1 (“BSL”). Such code is made available under the terms of the BSL and subject to its restrictions. The Change License Date, Initial Development Commit, and Change License (e.g., MIT, GPL, or other open-source license) are available at: [https://github.com/royal-io/artist-token-contracts]. By using such components, you agree to comply with the applicable BSL terms.
User Generated Content. The Platform may contain comments, chat messages, social media posts, discussions, predictions, analysis, or other content generated by users (collectively, “User Content”). Users expressly acknowledge and agree that all User Content reflects solely the opinions of the users who posted such content. The Platform does not endorse, verify, or validate any User Content. No user of the Platform, regardless of their background, credentials, or status, is authorized to provide financial, investment, legal, or professional advice on behalf of the Platform. Users must understand that participating in or relying upon any User Content is done at their own risk.
General Prohibitions and Royal’s Enforcement Rights. In addition to any other prohibitions set forth in these Terms, you agree not to do, and not to allow a third party to do, any of the following:
1. Use, or allow a third party to use, the Services in a manner that: (i) infringes, misappropriates or violates a third party’s patent, copyright, trademark, trade secret, moral rights or other intellectual property rights, or rights of publicity or privacy; (ii) violates, or encourages any conduct that would violate, any applicable law or regulation or would give rise to civil liability; (iii) is fraudulent, false, misleading or deceptive; (iv) is defamatory, obscene, pornographic, vulgar or offensive; (v) promotes discrimination, bigotry, racism, hatred, harassment or harm against any individual or group; (vi) is violent or threatening or promotes violence or actions that are threatening to any person or entity; or (vii) promotes illegal or harmful activities or substances;
2. Use, display, mirror or frame the Services or any individual element within the Services, Royal’s name, any Royal trademark, logo or other proprietary information, or the layout and design of any page or form contained on a page, without Royal’s express written consent;
3. Access, tamper with, or use non-public areas of the Services, Royal’s computer systems, or the technical delivery systems of Royal’s providers;
4. Attempt to probe, scan or test the vulnerability of any Royal system or network or breach any security or authentication measures;
5. Avoid, bypass, remove, deactivate, impair, descramble or otherwise circumvent any technological measure implemented by Royal or any of Royal’s providers or any other third party (including another user) to protect the Services;
6. Attempt to access or search the Services or download content from the Services using any engine, software, tool, agent, device or mechanism (including spiders, robots, crawlers, data mining tools or the like) other than the software and/or search agents provided by Royal or other generally available third-party web browsers;
7. Send any unsolicited or unauthorized advertising, promotional materials, email, junk mail, spam, chain letters or other form of solicitation;
8. Use any meta tags or other hidden text or metadata utilizing a Royal trademark, logo, URL or product name without Royal’s express written consent;
9. Use the Services, or any portion thereof, for any commercial purpose or for the benefit of any third party or in any manner not permitted by these Terms;
10. Forge any TCP/IP packet header or any part of the header information in any email or newsgroup posting, or in any way use the Services to send altered, deceptive or false source-identifying information;
11. Attempt to decipher, decompile, disassemble or reverse engineer any of the software used to provide the Services (unless applicable law permits, despite this limitation);
12. Interfere with, or attempt to interfere with, the access of any user, host or network, including, without limitation, sending a virus, overloading, flooding, spamming, or mail-bombing the Services;
13. Collect or store any personally identifiable information from the Services from other users of the Services without their express permission;
14. Impersonate or misrepresent your affiliation with any person or entity;
15. Violate any applicable law or regulation; or
16. Encourage or enable any other individual to do any of the foregoing.

Royal is not obligated to monitor access to or use of the Services or to review or edit any content. However, we have the right to do so for the purpose of operating the Services, to ensure compliance with these Terms and to comply with applicable law or other legal requirements. We reserve the right, but are not obligated, to remove or disable access to any content at any time and without notice, including, but not limited to, if we, at our sole discretion, consider it objectionable or in violation of these Terms. We have the right to investigate violations of these Terms or conduct that affects the Services. We may also consult and cooperate with law enforcement authorities to prosecute users who violate the law.

Third-Party Services. We may (i) contract with third-parties, including those providing Wallets, Vaults, decentralized exchanges and other services related to the Services, (ii) refer you to such third-parties and (iii) provide links to third-party websites (or other online properties that are not owned or controlled by Royal) or services that are not under the control of Royal (collectively, “Third-Party Services”). In addition to these Terms, you may be bound by any additional terms required by providers of Third-Party Services, which shall include, but are not limited to, the Terms Of Use applicable to the use of the Morpho Vaults located at: https://cdn.morpho.org/documents/Morpho_Terms_of_Use.pdf. Royal makes no representations about and accept no liability for, any Third-Party Services. Royal is not responsible for the reliability of any Third-Party Services, the services offered thereby, or for their privacy and security policies and procedures. You acknowledge and agree that Royal has no liability whatsoever with respect to any Third-Party Services.
Termination. We may suspend or terminate your access to and use of the Services, at our sole discretion, at any time and without notice to you. Provisions that, by their nature, should survive termination of these Terms shall survive termination. By way of example, all of the following will survive termination: any obligation you have to pay us or indemnify us, any limitations on our liability, any disclaimers, any terms regarding ownership or intellectual property rights, and terms regarding disputes between us.
Risks. You understand all risks (collectively, the “Risks”) associated with using the Services and holding, transferring, engaging with or otherwise using Digital Assets, including, but not limited to, the risks of / that:
1. Interacting directly or indirectly with blockchains and blockchain-based smart contracts. These technologies, especially Digital Assets, are inherently volatile and blockchain-based systems may experience errors, bugs, cyberattacks, smart contract vulnerabilities, forks, attacks, downtime, or failures; potentially leading to a total loss of your Digital Assets or funds.
2. The immutability of Digital Asset transfers. Digital Asset transfers are permanent and immutable. Once confirmed, transactions (including programmed data associated with a Digital Asset transfer) cannot be undone by you, or us. Double-check before finalizing any transaction.
3. Loss of Wallet access, through any means including lost private keys, forgotten passwords, or hardware failure, results in permanent loss of all associated assets.
4. All technical risks, including, but not limited to, failure of the Platform and / or any third-party software used in connection with the Platform or linked to through the Platform and smart contract failures or vulnerabilities that may result in immediate and total loss of all Digital Assets.
5. General risks associated with dealing in blockchain-based Digital Assets, including, but not limited to, (i) extreme price volatility and potential complete loss of value, (ii) regulatory uncertainty, and (iii) market manipulation.
Use of the Services in Your Jurisdiction. Royal makes no representations or warranties that use of the Services is appropriate for use in any jurisdictions. You use the Services at your own risk and are responsible for compliance with applicable laws. The Platform is intended for global access, except in jurisdictions that are subject to sanctions by the United States or other applicable regulatory authorities. You may not access or use the Platform if you are located in, or a citizen or resident of, any jurisdiction where such access would be unlawful or require registration.
General Terms.
1. These Terms constitute the entire and exclusive understanding and agreement between Royal and you regarding the Services, and these Terms supersede and replace all prior oral or written understandings or agreements between Royal and you regarding the Services. If any provision of these Terms is held invalid or unenforceable by an arbitrator or a court of competent jurisdiction, that provision will be enforced to the maximum extent permissible and the other provisions of these Terms will remain in full force and effect. You may not assign or transfer these Terms, by operation of law or otherwise, without Royal’s prior written consent. Any attempt by you to assign or transfer these Terms, without such consent, will be null. Royal may freely assign or transfer these Terms without restriction. Subject to the foregoing, these Terms will bind and inure to the benefit of the parties, their successors and permitted assigns.
2. Notices or other communications provided by Royal under these Terms will be given (i) via email, or (ii) by posting to the Services. For notices made by email, the date of receipt will be deemed the date on which such notice is transmitted.
3. Royal’s failure to enforce any right or provision of these Terms will not be considered a waiver of such right or provision. The waiver of any such right or provision will be effective only if in writing and signed by a duly authorized representative of Royal. Except as expressly set forth in these Terms, the exercise by either party of any of its remedies under these Terms will be without prejudice to its other remedies under these Terms or otherwise.
4. You acknowledge and agree that in entering into these Terms and using the Services you have not relied and are not relying on any representations, warranties or other statements whatsoever, whether written or oral (from or by us or any person acting on our behalf) other than those expressly set out in these Terms (or other related documents explicitly referred to herein) and that you do not have any right or remedy rising out of any representation, warranty or other statement not expressly set out in these Terms.
Contact Information. If you have any questions about these Terms or the Services, please contact Royal at support@royal.io.

Annex B

Assumed Risks

By using the Services, you acknowledge, understand, and agree that engaging in transactions involving Digital Assets carries significant risks. You confirm that you have read, understood, and accepted the below risks. You understand that this Annex does not represent a complete list of all potential risks associated with Digital Asset transactions or the Services and that you should conduct your own due diligence and seek independent advice if necessary. You agree that you assume full responsibility for all risks related to your use of the Services, including, but not limited to those set forth below, and that Royal Parties are not liable for any loss or damage arising therefrom.

Market Risk. The value of Digital Assets can be extremely volatile. Prices can fluctuate significantly in a short period due to factors including but not limited to speculation, adoption, technology, regulation, or market sentiment. You may lose the entire value of your assets and / or you may not be able to regain access to your Digital Assets in time to take advantage of any financial opportunities.
Regulatory Risk. Digital Assets may be subject to regulatory scrutiny or legal changes in one or more jurisdictions. Laws and regulations can change rapidly and may impact the legality, tax treatment, or use of Digital Assets. You are responsible for complying with all applicable laws.
Custodial and Wallet Risk. You are solely responsible for maintaining the security of your private keys, wallet credentials, and account information. Loss of access to your wallet (e.g., due to loss of keys or credentials) may result in the permanent loss of your assets.
Technology and Security Risks. Transactions on the Platform may be affected by system failures, software bugs, vulnerabilities, cyberattacks, or other technological issues. Smart contracts and blockchain protocols may contain undetected flaws or be exploited by malicious actors.
Network Risk. Digital Asset transactions depend on blockchain networks that are decentralized and outside of Royal’s control. Delays, forks, congestion, or failures in these networks may result in transaction failures, loss of funds, or execution at unfavorable prices.
Liquidity Risk. Some Digital Assets may have limited liquidity, making it difficult or impossible to buy, sell, or convert them at desired times or prices. You may be unable to exit a position or realize value.
Counterparty Risk. When engaging with third-party protocols, liquidity pools, decentralized finance platforms or service providers through the Services, you bear the risk that such counterparties may fail to perform, become insolvent, or act fraudulently.
Tax Risk. The tax treatment of Digital Assets is uncertain and may vary by jurisdiction. You are solely responsible for determining and fulfilling any tax obligations arising from your use of the Services and any Digital Asset transactions.
Risk of Total Loss. You acknowledge that using the Services may result in the loss of some or all of your Digital Assets, including through market movements, operational errors, protocol failures, or user mistakes. You accept full responsibility for such outcomes.