Terms and Conditions

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Godl Market – Updated Terms & Conditions

GODL MARKET TERMS & CONDITIONS

Last Updated: 3/8/25

These Terms and Conditions (the “Terms”) govern access to and use of the GODL platform and the digital utility token known as GODL. By accessing the platform, acquiring, holding, or using GODL, you acknowledge that you have read, understood, and agree to be bound by these Terms.

  1. Nature of GODL

GODL is a digital utility token designed for access, participation, and internal settlement within supported digital environments. GODL does not represent:

  • ownership of physical gold or any other asset;
  • a security, investment contract, or financial instrument;
  • redemption rights, guaranteed liquidity, or entitlement to value;
  • a stablecoin or asset‑referenced token.

Any references to gold prices are informational and valuation‑based only and do not imply backing, reserves, allocation, or custody of physical gold.

  1. Purpose and Permitted Use

GODL may be used solely in accordance with these Terms and applicable platform rules for:

  • digital access and participation;
  • internal accounting or settlement mechanics;
  • interaction with supported features, subject to eligibility.

GODL may not be used for speculative trading, investment purposes, or as a substitute for fiat currency.

  1. Eligibility

To access GODL or related features, you must:

  • be legally permitted to use digital assets in your jurisdiction;
  • complete all required KYC/AML and sanctions screening;
  • provide accurate and complete information when requested.

We reserve the right to restrict or deny access to any user or jurisdiction at our sole discretion.

  1. Acquisition of GODL

GODL may be accessed through methods made available on the platform from time to time, subject to eligibility and compliance checks. Any promotional pricing, access incentives, or holding periods are discretionary, time‑limited, and subject to change.

No acquisition of GODL constitutes an investment or creates an expectation of profit.

  1. Holding Periods

Certain GODL tokens may be subject to holding or vesting periods depending on how they are issued. Completion of any holding period does not create a right to sell, redeem, or convert GODL.

  1. Sell‑Back Eligibility (Discretionary)

Any sell‑back or liquidity functionality, if offered, is:

  • optional and discretionary;
  • subject to eligibility, compliance, and platform conditions;
  • not guaranteed and may be modified or suspended at any time.

Sell‑back pricing may reference recognised gold benchmarks for informational purposes only and is not guaranteed.

  1. No Physical Gold Rights

GODL does not confer any ownership of, claim to, or entitlement to physical gold. Any physical gold transactions occur, if at all, under separate and independent commercial agreements with third‑party providers and are not part of GODL.

  1. Wallets and Security

You are solely responsible for maintaining the security of any digital wallet, private keys, or credentials used in connection with GODL. Loss of access credentials may result in irreversible loss of GODL.

We do not provide custody services and are not responsible for user‑side security failures.

  1. Fees

Platform fees, spreads, or operational charges may apply to certain activities and will be disclosed where applicable. Fees are subject to change.

  1. Taxes

You are solely responsible for determining and satisfying any tax obligations arising from your interaction with GODL. We do not provide tax advice and do not withhold taxes on your behalf.

  1. User Representations

By using GODL, you represent that:

  • you understand digital assets and associated risks;
  • you are not relying on GODL for investment purposes;
  • your use of GODL complies with applicable laws;
  • you are not located in a sanctioned or prohibited jurisdiction.
  1. Risk Disclosure

Use of GODL involves risks, including but not limited to:

  • regulatory changes;
  • technological failures;
  • loss of access credentials;
  • platform modifications or discontinuation.

You acknowledge and accept all such risks.

  1. Disclaimer of Warranties

GODL is provided “as is” and “as available”, without warranties of any kind. We make no representations regarding availability, functionality, or value.

  1. Limitation of Liability

To the maximum extent permitted by law, we shall not be liable for indirect, incidental, consequential, or punitive damages. Our total aggregate liability shall not exceed the amount you paid to access GODL, if any.

  1. Indemnification

You agree to indemnify and hold harmless the platform and its affiliates from claims arising from your breach of these Terms or misuse of GODL.

  1. Governing Law and Dispute Resolution

These Terms are governed by the laws of the State of Delaware. Any disputes shall be resolved by binding arbitration administered by the American Arbitration Association.

  1. Amendments

We may update these Terms at any time. Continued use of GODL after updates constitutes acceptance of the revised Terms.

  1. Entire Agreement

These Terms constitute the entire agreement between you and us regarding GODL and supersede all prior descriptions or communications.

IMPORTANT NOTICE: GODL is a digital utility token. It is not an investment, does not represent ownership of gold, and provides no guarantees of value or liquidity.