Disclaimer and Terms & Conditions
General Platform Use – Disclaimers & Terms
Use at Your Own Risk: Using the Vantablack Launchpad (the “Platform”) involves significant risks, including the possible loss of all funds or digital assets you contribute. All participation is at your own risk, and Vantablack has no responsibility for any loss of cryptocurrency or other value you may incur while using the Platform. You should only invest funds that you can afford to lose and ensure you fully understand the risks involved in blockchain projects and token sales.
No Financial Advice or Endorsement: All content, materials, and listings on Vantablack are provided for informational purposes only and do not constitute financial, investment, or legal advice. Vantablack does not endorse or recommend any project listed on the Platform, nor do we make any representation that any token sale will be profitable or suitable for you. Vantablack will never encourage you to invest in any project, and we accept no liability for any loss you may incur by choosing to participate in a token sale. You are solely responsible for conducting your own due diligence and consulting professional advisors before making any investment decisions.
Non-Custodial Platform (No Control of Funds): Vantablack is a non-custodial launchpad. This means that we do not hold, manage, or control users’ funds or assets at any time during a token sale. Contributions you make to a project are transferred directly through smart contracts or your own wallet, and Vantablack does not execute or intermediate these transactions. We are not a party to any agreement or transaction between you and any project; any exchanges of tokens or funds are strictly between you and the project’s smart contract or team. Accordingly, Vantablack is not responsible for safeguarding your funds, and we cannot recover funds or tokens if they are lost, stolen, or misdirected on the blockchain.
No Verification or Guarantees: Projects listed on Vantablack are independent third parties, and their token sales are third-party offerings. Vantablack does not guarantee or vet the identity, legitimacy, functionality, or authenticity of any project or token. While we may perform basic screening, we make no warranties or representations about any project’s claims, and listing a project on our Platform does not constitute an endorsement or guarantee by Vantablack. You are solely responsible for verifying the project’s credibility and assessing the risks before participating. In other words, any engagement with a project is at your discretion, and Vantablack will not be liable for any losses or damages arising from your interactions with third-party projects.
User Eligibility and Legal Compliance: By accessing or using Vantablack, you represent and warrant that you are at least 18 years old (or the age of majority in your jurisdiction) and have the full legal capacity to use this Platform. You further confirm that your use of Vantablack is in compliance with all laws and regulations applicable in your jurisdiction. You must not use the Platform if it is illegal to do so in your country or region, or if your use would violate any applicable laws (for example, securities laws or sanctions regulations). The onus is on you to ensure that participating in token sales via Vantablack is lawful in your jurisdiction; by using the Platform, you confirm that you are in compliance with the laws of your jurisdiction. Vantablack may require you to discontinue use or refuse access if we determine that your participation is prohibited by law or our compliance policies.
Platform Provided “As Is” (No Warranties): Vantablack and all related services are provided on an “as is” and “as available” basis without any warranties of any kind, either express or implied. We do not warrant that the Platform will be uninterrupted, timely, secure, or error-free, nor do we warrant that any information provided is accurate or complete. To the fullest extent permitted by law, we disclaim all warranties, including any implied warranties of merchantability, fitness for a particular purpose, and non-infringement. You understand that your use of Vantablack is at your own risk – the availability and functionality of blockchain networks and our Platform may be subject to delays, downtime, cyber-attacks, or technical issues beyond our control.
Limitation of Liability: Under no circumstances will Vantablack or its affiliates, officers, or employees be liable for any indirect, incidental, special, consequential, or punitive damages arising out of or related to your use of the Platform or participation in any project’s token sale. This includes, without limitation, loss of any funds or assets, loss of profits, loss of data, business interruption, or loss of goodwill even if we have been advised of the possibility of such damages. Vantablack’s total liability to you (if any) will be limited to the amount of fees you have paid to us (if applicable) for use of the Platform, and in no event will we be responsible for any loss that is not directly caused by our gross negligence or willful misconduct. By using the Platform, you acknowledge that Vantablack shall not be held responsible for any damages or losses resulting from your use, inability to use the Platform, or from any project interactions.
Right to Refuse Service: Vantablack reserves the right to restrict, suspend, or terminate your access to the Platform or any token sale at any time, for any reason, at our sole discretion. We may refuse or cancel your participation in a launchpad offering if we suspect you are violating these terms, infringing applicable laws, or for any other reason deemed necessary. This includes the right to deny service to certain jurisdictions or users in order to comply with legal requirements or our internal risk policies. We will not be liable for any costs or damages arising from the refusal of service or removal of your access in such cases.
Terms for Projects Launching via Vantablack
The following terms apply to any project (“Project”) that uses the Vantablack Launchpad to conduct a token sale or fundraising campaign. By submitting a project to or launching a token sale on Vantablack, you (“the Project team”) agree to these additional terms and represent that you meet these requirements:
Legal Status & Authority: The Project warrants that it is a legitimately formed entity (e.g. a corporation, DAO, partnership, etc.) that is validly existing and in good standing under the laws of its formation. The Project team has the legal authority to enter into these Terms and to conduct the token sale. All necessary corporate or organizational approvals have been obtained to authorize the Project’s use of the Vantablack Launchpad and the issuance of its tokens. Launching a token sale via Vantablack must be within the Project’s power and not conflict with the Project’s constituent documents or any contracts or obligations binding the Project.
Regulatory Compliance and Token Legality: The Project is solely responsible for complying with all laws and regulations applicable to its token sale, both in its home jurisdiction and in any jurisdiction where tokens are offered. You represent and warrant that your use of the Vantablack Launchpad and the offering of your tokens will not violate any applicable law or regulation, including but not limited to securities laws, commodities laws, financial services laws, anti-money laundering (AML) and counter-terrorism financing regulations, sanctions, or any other relevant rules. The Project should obtain any necessary legal opinions, licenses, or regulatory approvals before launching, to confirm the token sale’s legality and the proper classification of your token (e.g. as a utility token and not an unregistered security). If the Project is operating in a jurisdiction that restricts token sales or requires specific registration, it is the Project’s responsibility to ensure those requirements are met. The Project also confirms that neither the Project nor any of its team members are subject to sanctions or legal prohibitions that would prevent the token sale’s execution.
Project’s Responsibility & No Vantablack Liability: When launching on Vantablack, the Project acknowledges that Vantablack is a technology platform/facilitator and is not a broker, fiduciary, or agent of the Project or its contributors. The Project’s token sale is conducted through smart contracts directly between the Project and the participants – Vantablack is not a counterparty to any transaction and is not a custodian of any funds. All funds raised are delivered directly to the Project’s control (for example, to a smart contract or wallet owned by the Project), and at no point does Vantablack have custody of or control over those funds. The Project is entirely and solely responsible for the conduct and outcome of its token sale, including handling of participant funds, token distribution, and any project deliverables or promises made to contributors. Vantablack shall not be liable for the Project’s performance or any misuse of funds – the Project assumes full responsibility for any losses, claims, or damages incurred by participants as a result of the token sale or the Project’s subsequent operations. In summary, Vantablack is absolved from any liability related to the Project’s token sale; any disputes or issues from the sale are strictly between the Project and its participants.
Use of Proceeds & Honest Representation: The Project agrees to use any funds raised through Vantablack strictly for the purposes and objectives communicated to its community and contributors (for example, as stated in the Project’s whitepaper, roadmap, or other documentation). The Project shall honestly and accurately represent its initiative, token characteristics, and terms of the sale so that participants can make informed decisions. All information provided (including but not limited to whitepapers, marketing materials, technical descriptions, tokenomics, team credentials, etc.) must be true, up-to-date, and not misleading. The Project must promptly update any information that becomes outdated or incorrect. No material changes to the Project’s plans, token parameters, or sale terms may be made during an active fundraising campaign without prior notice and approval. In particular, the Project shall not unilaterally modify any aspect of its token sale on the Vantablack platform (e.g. changing token supply, price, schedule, or investor rights) without Vantablack’s prior written consent, especially if such changes could affect contributors’ decisions. The Project will be liable to its participants for any unauthorized changes or misinformation. Vantablack reserves the right to remove or suspend a token sale if the Project is found to have misrepresented information or deviated from the stated terms without approval.
Intellectual Property and Content License: By submitting your project to Vantablack, you grant Vantablack the right to use and display the Project’s name, logo, branding, and any content you provide about the Project (“Project Content”) for the purpose of operating the Platform and promoting your token sale. You represent and warrant that you own or have obtained all necessary rights and permissions to all Project Content you upload or submit to Vantablack. You retain ownership of your Project Content; however, you hereby grant Vantablack a non-exclusive, worldwide, royalty-free license to use, reproduce, modify, publish, and display this content as needed to provide our services and to promote the Project’s offering on the Platform. This may include featuring your project on the Vantablack website, social media, or other marketing channels. Vantablack may also share Project Content with third-party partners or service providers as necessary to support the launch. The Project agrees that Vantablack’s use of your content as permitted by this license does not infringe any third-party rights. If any of the provided content is found to violate any laws or rights (e.g. copyright/trademark infringement or offensive/unlawful material), Vantablack may remove or decline to post such content. It is the Project’s responsibility to ensure that all submitted content is accurate, lawful, and does not mislead users.
KYC/AML and Participant Eligibility: Vantablack does not automatically conduct KYC (Know Your Customer) or AML (Anti-Money Laundering) checks on behalf of projects. It is the Project’s responsibility to determine whether KYC/AML verification of its contributors is required by law or desired for the Project’s own risk management. If, for example, the Project’s local regulations or the jurisdictions of its expected investors mandate identity verification, the Project must implement appropriate KYC/AML procedures at its discretion. Vantablack may provide technical integration or referrals for third-party KYC providers if needed, but we do not mandate KYC for all token sales on the Platform by default. The Project should also enforce any necessary geographic restrictions on participation (e.g. excluding residents of certain countries where token sales are not allowed) in compliance with applicable laws. Any failure to comply with legal requirements (such as selling tokens to prohibited persons or regions, or not performing required checks) is the sole responsibility of the Project. Vantablack will not be responsible for any legal consequences arising from the Project’s token sale participant eligibility or KYC/AML compliance obligations.
Indemnification: The Project agrees to indemnify, defend, and hold harmless Vantablack, its owners, affiliates, officers, employees, and agents from and against any and all claims, damages, liabilities, losses, or expenses (including reasonable attorneys’ fees) arising out of or related to: (a) the Project’s use of the Platform; (b) the Project’s token sale and any interactions with participants; (c) any breach of these Terms by the Project; or (d) any violation of law or regulation by the Project. In essence, if Vantablack incurs any loss or faces any legal action due to the Project’s actions, omissions, or token sale, the Project will bear the cost and responsibility. This indemnity obligation will survive the conclusion of the token sale and any termination of the Project’s relationship with Vantablack.
Disclaimer: The above terms and conditions are meant to protect both the user and the Platform. By using Vantablack or launching a project on it, you acknowledge that you have read, understood, and agree to all the above disclaimers and terms. Vantablack may update or modify these terms from time to time, and continued use of the Platform constitutes acceptance of any revised terms. If you do not agree with these terms or cannot comply with them, you should not use the Vantablack Launchpad.
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