Terms of Service

Dibs

Effective date: 22 September 2026 Last updated: 23 September 2026 Version: 1.1

Part 1. Acceptance

1.1 Welcome to Dibs. This document (the "Terms") is the agreement between you and Dibs ("we", "us", "our") that governs your use of Dibs, its website at https://dibs.fm, its interfaces and programmatic endpoints, its documentation, any channel we run, and every feature that links to or mentions these Terms (all of it together, the "Platform").

1.2 We have tried to write these Terms so that a careful reader without legal training can follow them. They describe what the Platform does, what it does not do, the rules for using it, and how responsibility is divided between you and us. Several Parts limit what we are responsible for and what you can recover from us. Each of those Parts is headed plainly so you can find it.

1.3 You agree to these Terms when you open the Platform, connect a wallet or any other external application to it, sign in through any method the Platform offers, create or attempt to create anything through it, make or attempt a claim, or otherwise use any feature. If you do not agree, please do not use the Platform.

1.4 If you use the Platform on behalf of a company or other body, you confirm that you have authority to bind it, and "you" then refers to you and to that body together.

1.5 We may publish notices, guidelines, policies or supplemental terms that refer to these Terms. They form part of the agreement. If a supplemental term written for a particular feature conflicts with these Terms, the supplemental term governs that feature to the extent of the conflict and no further.

Part 2. Words with special meanings

2.1 Capitalised words carry the meanings set out in this Part wherever they appear. Every definition is meant to be read broadly and in its ordinary commercial sense.

2.2 "Platform" is defined in Part 1 and includes any part of it, as it exists from time to time and as we may expand, reduce, change or withdraw it.

2.3 "Services" means every function, display, tool, data feed, interaction and capability that is offered through the Platform, whether we operate it ourselves or merely make it reachable, and whether or not it carries its own name.

2.4 "Network" means any public, permissionless distributed ledger or similar system on which digital assets are recorded and transferred, together with the software, validators, nodes and participants that operate it. We do not own or control any Network.

2.5 "Launch Service" means any Third-Party Service through which a user, acting from that user's own wallet, causes a digital asset to be created on a Network, and any related program, contract or mechanism of that service that governs how amounts connected with that asset are generated, held, directed or released.

2.6 "User Token" means any digital asset that a user causes to be created on a Network through an interaction initiated from the Platform.

2.7 "Creator Amounts" means any amounts that a Launch Service generates, allocates or makes available in connection with a User Token, by whatever name that service gives them, and that are directed to a Holding Address as described in Part 4. Where the Launch Service is directed to pay a portion of such amounts to a Platform Address, "Creator Amounts" refers to the portion directed to the Holding Address unless the context indicates otherwise.

2.8 "Holding Address" means a Network address that we cause to exist for one User Token and that the Launch Service is directed to pay Creator Amounts into. Amounts at a Holding Address are held for whichever Named Account completes a Claim, not for us. "Platform Address" means a Network address that we control and that the Launch Service is directed, at the time a User Token is created, to pay a fixed portion of that User Token's creator amounts into. Amounts at a Platform Address belong to us. For each User Token to which clause 6.12 applies, the portion directed to the Platform Address is ten percent (10%) of the Creator Fee Amounts, and the portion directed to the Holding Address is ninety percent (90%) of the Creator Fee Amounts.

2.9 "Social Service" means any Third-Party Service that offers public user accounts and the publication of public posts, and through which the Platform allows a person to identify themselves.

2.10 "Named Account" means an account on a Social Service that the person launching a User Token identifies, at the time of launch, as an account that may make a Claim for that User Token.

2.11 "Claim" means the process described in Part 6 by which the holder of a Named Account directs the Creator Amounts of a User Token to a Network address of their choosing.

2.12 "Entitlement Record" means any non-monetary record we keep inside the Platform about who may make a Claim, who has completed one, what has been paid out, and similar matters.

2.13 "Your Material" means anything you submit, upload, type, link, publish or otherwise make available through or in connection with the Platform, including names, symbols, descriptions, images, links, account handles, wallet addresses and the content of any public post you make in connection with a Claim.

2.14 "Third-Party Service" means any Network, Launch Service, Social Service, wallet, application, website, marketplace, venue, data source, communications channel or other service that we do not operate, whether or not you reach it through the Platform.

2.15 "Associated Token" means any freely transferable digital collectible that may at any time be referred to in connection with the Platform, as described in Part 14.

2.16 Headings are for navigation only. "Including", "such as" and "for example" introduce illustrations and never limits. A reference to a document is to that document as amended. The singular includes the plural and the plural the singular.

2.17 "Creator Fee Amounts" means the whole of the amounts a Launch Service generates, allocates or makes available in connection with a User Token as amounts for the creator of that asset, by whatever name that service gives them, before those amounts are divided between a Platform Address and a Holding Address. The ten percent and the ninety percent described in Part 6 are portions of Creator Fee Amounts. "Creator Amounts" remains the portion directed to the Holding Address.

Part 3. Who may use the Platform

3.1 The Platform is offered to adults who are able to enter binding agreements where they live. By using it you confirm that you have reached the age of majority in your place of residence and that no rule that applies to you prevents you from using the Platform or any of its features.

3.2 You further confirm, each time you use the Platform, that:

(a) you are not a person, and do not act for a person, with whom dealings are restricted or prohibited under any requirement that applies to you or to us;

(b) you are not located in, organised in, or ordinarily resident in a place where use of the Platform or any of its features would be unlawful or would require us to hold an authorisation we do not hold;

(c) any wallet, Social Service account and Network address you use belongs to you or is one you are fully authorised to use; and

(d) your use of the Platform complies with every requirement that applies to you.

3.3 The Platform is made available generally. It is not directed at any particular place, and its availability does not mean that using it is permitted where you are. Establishing that it is permitted is your responsibility.

3.4 We may apply technical measures that limit or prevent access from some places, some accounts or some addresses. Any such measure is a discretionary operational choice. It is not a legal determination about anyone, it is not a representation that access is lawful where no measure applies, and its absence creates no expectation of access.

Part 4. What the Platform is, and what it is not

4.1 The Platform is an interface. In broad terms it does the following:

(a) it lets a person who has connected a wallet prepare and, from that wallet, initiate the creation of a User Token on a Network through a Launch Service, and as part of that same interaction direct the Launch Service to pay the larger portion of that User Token's creator amounts to a Holding Address created for it and the remaining portion to a Platform Address. The portions are displayed alongside the feature before the person signs, are written into the Launch Service's records for that User Token at creation, and cannot be changed afterwards for that User Token by that person, by us or by anyone else. The portion paid to the Platform Address is our compensation for providing the Platform;

(b) it lets that person identify a limited number of Named Accounts for the User Token;

(c) it lets a person who identifies themselves through a Social Service see which User Tokens name their account, publish a public post in connection with a Claim, and, when the conditions presented with the feature are met, make a Claim; and

(d) it displays information about User Tokens, including market and trading information, that originates from Networks and from Third-Party Services.

4.2 The Platform is not a wallet, custodian, exchange, broker, dealer, market maker, adviser, payment service, money transmitter, escrow agent, trustee, fund, issuer or counterparty, and it is not offered as any of these. We do not create User Tokens; users do, from their own wallets and at their own instruction. We do not buy, sell or make markets in any asset. We do not hold anyone's assets except as described in Part 6, and there only as an intermediary record-keeper for whichever Named Account completes a Claim.

4.3 We built the Platform with real care and we work to keep the information it shows accurate and timely. Even so, everything displayed on the Platform is for general information only. Figures, charts, balances, volumes, valuations, rankings, profile details, timings and status indicators may be incomplete, delayed, estimated, derived from third parties, or wrong, and none of them is a statement on which you should rely for any decision.

4.4 The scope of the Platform may change. We may add, alter, limit, pause or remove features and Services at any time, with or without notice, as described in Part 17.

4.5 Allocation of creator amounts. For a User Token to which clause 6.12 applies, the larger portion referred to in clause 4.1(a) is ninety percent (90%) of the Creator Fee Amounts, and the remaining portion is ten percent (10%) of the Creator Fee Amounts. Clause 4.1(a) and clauses 6.12 to 6.21 are to be read together. Those clauses state what the portions are portions of, who each portion is for, and the limits that apply to both.

Part 5. Signing in, wallets and connected accounts

5.1 The Platform offers more than one way to identify yourself, including by proving control of a wallet and by completing an authorisation flow with a Social Service. Each is an access mechanism, not an account we open for you. We keep session records so that you do not have to repeat the process constantly, and we may end any session at any time.

5.2 You are responsible for everything done through any wallet, Social Service account, device or session that you use or that is accessed using your credentials, whether or not you authorised it. Keep your credentials, recovery material and devices secure. Tell us promptly if you believe any of them has been compromised.

5.3 Some access mechanisms cannot be recovered by anyone. If you lose control of a wallet's private material, neither we nor anyone else can restore it, and any Claim directed to an address you cannot control cannot be reversed. Check every address you enter before you confirm it.

5.4 When you identify yourself through a Social Service, the Social Service decides who you are. We rely on what it tells us. We do not verify identity independently, and we are not responsible for that service's decisions, outages, policies or errors. If a Social Service withdraws or changes the identification it gave us, our Entitlement Records may follow, as described in Part 6.

5.5 We aim to keep the Platform available to everyone who uses it fairly. We may nonetheless suspend, restrict or end anyone's access, in whole or in part, at any time and for any reason we consider sufficient, including suspected breach of these Terms, suspected harm to others, a request from a Third-Party Service, or a requirement that applies to us. We are not obliged to explain a suspension, though we will usually try.

Part 6. Creator Amounts, Named Accounts and Claims

6.1 What a Named Account is. Being a Named Account is a record. It means that, according to the Entitlement Records we keep, the holder of that Social Service account is among those permitted to attempt a Claim for a particular User Token. It is a limited, personal, revocable, non-transferable permission to use a feature of the Platform. It is not property, not a currency, not stored value, not a debt owed by us, not a share of anything, not convertible, and not redeemable from us. It has no value outside the Platform and is not offered as having any.

6.2 Being named is not a promise of anything. A Named Account may never receive any Creator Amounts, because none may ever be generated, because another Named Account may complete a Claim first, because the conditions of a Claim may never be met, or for any other reason. Nobody, including the person who launched the User Token, is promising a Named Account anything by naming it.

6.3 How a Claim works. The conditions for a Claim are presented alongside the feature at the time you use it. In general terms they include: identifying yourself through the Social Service as the holder of a Named Account; publishing, from that account, a public post that contains the information the feature specifies; that post remaining publicly visible for the period the feature specifies; and providing a Network address to receive the Creator Amounts. We may change any of these conditions, and add or remove conditions, at any time.

6.4 First completed Claim. Where more than one Named Account exists for a User Token, each may attempt a Claim, but the first Claim that we record as completed fixes the entitlement. From that point only that account may make further Claims for that User Token, and the other Named Accounts cease to be eligible. This outcome depends on timing, on Network conditions, on Third-Party Services and on the conduct of other people, and it cannot be known in advance. Outcomes are final. What happened for one User Token indicates nothing about any other. This feature is offered as part of the Platform's ordinary operation and should be approached with regard to your own circumstances. Where a feature of this kind may not be offered to you, it is not offered to you, and you should not use it.

6.5 Later Claims. Creator Amounts may continue to arrive at a Holding Address after a first Claim. The account that completed the first Claim may make later Claims for those amounts, subject at each time to the same conditions, including that the public post remains visible. If the conditions are no longer met, no further Claim can be made until they are.

6.6 Verification is based on what the public can see. We assess a Claim by reading, through a Social Service, what that service shows to the public at the time we look. A post that has been deleted, hidden, restricted, withheld, made private or otherwise rendered not publicly visible does not satisfy the conditions, whatever its author intended. We are not responsible for how a Social Service classifies, ranks, displays or withholds content.

6.7 Matching is by account, not by name. We match a Named Account to the person signing in by the stable identifier the Social Service gives us for that account wherever we hold one. A display name or handle that later changes hands does not carry the permission with it. Where we hold no stable identifier for a Named Account when it is first used, we may fix one at that time and rely on it afterwards.

6.8 Where the amounts come from. Creator Amounts are generated and released by a Launch Service according to that service's own rules. We do not set, guarantee, top up or underwrite them. Whether any amount exists, how much, and when it becomes available for a Claim depend entirely on the Launch Service, the Network and the trading conduct of unrelated people. A Holding Address may hold nothing, or very little, for a long time or forever. Amounts moved on a Network to complete a Claim are paid from the Holding Address and reduced by whatever the Network charges to move them. Each time the Launch Service releases a User Token's creator amounts, it pays the Platform Address its portion and the Holding Address the rest in the same operation; the Platform Address portion is never part of any Claim, is not held for any Named Account, and is not refundable.

6.9 Records and corrections. Our Entitlement Records are definitive as between you and us, subject to correction by us. Where we consider a record inaccurate, incomplete, obtained by breach of these Terms, or the result of an error, malfunction or unauthorised action, we may correct, reverse, suspend or reissue it. A Claim that has been executed on a Network cannot be undone by us, and we have no obligation to attempt to recover any amount from anyone.

6.10 Tokens you create. If you cause a User Token to be created, you alone are its creator and issuer for every purpose. You choose its name, symbol, description, image and links, and you choose its Named Accounts. You are responsible for all of it, for any costs the Launch Service or the Network charges to create it, for any first purchase you instruct, and for the consequences of anything anyone does with or in relation to that User Token afterwards. We have no obligation to list, display, promote, support or continue to support any User Token, and we may hide or remove one from the Platform at any time.

6.11 Nothing is bought from us. We do not charge you for using the Platform, and we do not sell anything on it. Costs you incur to create a User Token or to move amounts on a Network are charged by the Launch Service and the Network, not by us, and we cannot refund them. If a paid feature is ever introduced, its price and terms will be presented before you commit to it.

6.12 The allocation. Creator Fee Amounts of a User Token created through the Platform are divided, in the same interaction that creates the User Token, between a Platform Address and a Holding Address. Ten percent (10%) is directed to the Platform Address. Ninety percent (90%) is directed to the Holding Address, and that ninety percent is the Creator Amounts of that User Token. The two portions together are the whole of the Creator Fee Amounts, and we do not direct any further portion of the Creator Fee Amounts to ourselves. The percentages are shown alongside the feature before the person creating the User Token signs. By signing, that person instructs the allocation. Once the allocation is written into the Launch Service's records for that User Token, it is fixed for that User Token and cannot be changed afterwards by that person, by us, or by anyone else.

6.13 What the percentages are of. The ten percent and the ninety percent are portions of the Creator Fee Amounts only. They are not portions of the price of a User Token, of the size of any trade, of any amount a person pays to create or acquire a User Token, of any charge the Launch Service or the Network keeps for itself, of the supply of any User Token, or of the Associated Token. If the Launch Service generates no Creator Fee Amounts, there is no ten percent and no ninety percent for any person to receive, and that absence is not a sum we are obliged to replace.

6.14 The ten percent, and the wallet it is paid to. The ten percent is paid to a Platform Address that we control. For each User Token that address is the specific Network address we designate for that User Token. It is written into the Launch Service's records for that User Token at creation, together with the percentages, and from that moment it can be read on the Network. It is not the wallet of the person who creates the User Token, and it is not an address that person chooses. The ten percent is our compensation for making the Platform available. It belongs to us. It is paid for our own account. It is not held for any person, it is not part of any Claim, it is not a deposit, it is not client money, and it is not refundable, including where no one completes a Claim and including where a User Token is later hidden or removed from the Platform. We may hold, transfer or apply it as we decide. We undertake no particular use of it, and we undertake no particular amount of it. The Launch Service pays it directly to the Platform Address. It does not pass through the Holding Address. A Claim cannot reach it, and cannot reach any amount already paid to a Platform Address.

6.15 The ninety percent. The ninety percent is directed to the Holding Address so that it can be claimed by the Named Account that completes a Claim for that User Token, on every condition in this Part. A Named Account is an account the person launching the User Token names at launch. The ninety percent is not divided among the Named Accounts named for that User Token. Where more than one Named Account is named, clause 6.4 applies, and only the Named Account that completes the first Claim may receive the ninety percent. The other Named Accounts do not. Directing the ninety percent to a Holding Address is not a credit in any account we keep, not a balance we record as owing, not a debt, not stored value, and not an amount any person can require us to pay. It is not reserved for the person who caused the User Token to be created, unless that person is also the Named Account that completes the Claim. It does not mean that any Creator Fee Amounts will be generated, that a release will occur, or that any Named Account will receive anything. A Named Account may receive nothing, for the reasons in clause 6.2 and for the reasons in clauses 6.12 to 6.21.

6.16 How a release works. When the Launch Service releases Creator Fee Amounts for a User Token, it pays the Platform Address its ten percent and the Holding Address its ninety percent in the same operation, according to that service's own rules. We do not receive the ninety percent and then pay it onwards as money of ours. Until a release happens, Creator Fee Amounts are not at the Holding Address and are not available for a Claim. Whether a release happens, when it happens, and in what amount, depend on the Launch Service and the Network. A delay, a pause, or a release that does not occur is not a failure by us to pay any person.

6.17 Why the amount that arrives may be smaller than a simple percentage. The figures of ten percent and ninety percent describe the allocation we direct. They are not an undertaking that any particular sum will arrive at either address. The Launch Service calculates each portion in its own units and may round, truncate or leave a remainder. Any remainder is governed by that service's rules and is not an amount we owe to anyone. Amounts at a Holding Address may be reduced by Network charges incurred to release further Creator Fee Amounts or to complete a Claim, and by any minimum balance the Network requires that address to keep so that the address can continue to exist. Those reductions are not a further portion taken by us. A completed Claim directs the Creator Amounts then standing at the Holding Address and available to be moved, after those reductions. We have no obligation to add anything so that the person claiming receives a sum equal to ninety percent of any figure.

6.18 Which User Tokens carry this allocation. This allocation applies to each User Token created through the Platform while these Terms describe it and while the feature shows these percentages before the person creating it signs. A User Token created before this allocation was applied follows the direction written for it at its creation, which may send all of its Creator Fee Amounts to its Holding Address and none to a Platform Address. If a User Token is created without this allocation being shown, only the direction written for that User Token applies to it, and these percentages are not read into it. The direction written for a User Token at its creation is the direction that governs that User Token. If the percentages shown before signing for a particular User Token ever differ from the percentages stated in this Part, the percentages shown before signing and written for that User Token are the ones that apply to it, this Part is read for that User Token with those percentages in the place of ten percent and ninety percent, and the difference gives no person a claim to a portion the Launch Service was not directed to pay. If we later apply a different allocation to User Tokens created after a change, we will show that allocation before the person creating the User Token signs, and we will update these Terms so that they describe it. A later allocation does not alter a User Token already created, and it does not move any amount already paid to a Platform Address or to a Holding Address.

6.19 No interest in us, and no duty to make up a shortfall. The ninety percent is not a share of our revenue, not a distribution of profit, not a dividend, not a yield, and not an interest in us, in the Platform, or in any undertaking. It is only a direction of that User Token's own Creator Fee Amounts. Nothing in this allocation is an invitation to create, acquire, hold or promote a User Token, or the Associated Token, in expectation of any amount. This allocation does not make us a trustee, custodian, escrow agent, partner, fiduciary or debtor of any person. Amounts at a Holding Address are dealt with so that a completed Claim can direct them as this Part describes, and not for our own benefit. Amounts at a Platform Address are our own. If the Launch Service pays a different portion, pays late, pays nothing, rounds differently, pauses, redirects, or changes its rules, the result is the result that service produces. We are not obliged to detect that result, to reverse it, or to pay any person the difference between it and ten percent or ninety percent of any figure.

6.20 Acceptance of the allocation. If you cause a User Token to be created, you instruct this allocation for that User Token, where clause 6.12 applies to it, and you accept it, including that the ten percent belongs to us and that the ninety percent is subject to every condition, risk and limit in these Terms. If you make or attempt a Claim, you accept that the Claim can direct only Creator Amounts at the Holding Address, and cannot direct the ten percent, any amount already paid to a Platform Address, or any amount to be added by us.

6.21 Not a charge, and not a sale. The allocation is not a price, not a fee invoiced to you, and not a purchase of anything from us. You do not pay us the ten percent. It arises only out of Creator Fee Amounts, and only if and when the Launch Service generates them. Clause 6.11 continues to apply. Costs a Launch Service or a Network charges to create a User Token, or to move amounts, are not part of this allocation, are not charged by us, and cannot be refunded by us. Any tax or reporting obligation that arises because you cause a User Token to be created, or because you receive Creator Amounts, is yours. We do not withhold on either portion, and we do not advise on it.

Part 7. Your Material

7.1 You keep whatever rights you have in Your Material. We do not claim ownership of it.

7.2 So that the Platform can work, you grant us a worldwide, non-exclusive, royalty-free, sublicensable and transferable licence to store, copy, process, adapt, format, display, transmit and distribute Your Material as needed to operate, improve, secure and promote the Platform. This includes showing a User Token's name, symbol, image and description, showing public profile details of Named Accounts as a Social Service presents them, and quoting or linking to a public post made in connection with a Claim. The licence continues for as long as we hold Your Material, including in backups, logs and archives that persist after removal.

7.3 You confirm that you hold every right needed to grant that licence, that Your Material does not infringe anyone's rights and does not break any requirement that applies to you, and that it is not misleading. Where Your Material is recorded on a Network or published on a Social Service, its permanence and reach are governed by that Network or service, not by us, and cannot be undone by us.

7.4 We may, but need not, review, moderate, hide, reformat or remove any of Your Material at any time. Doing so once creates no duty to do so again, and not doing so is not approval.

7.5 Suggestions, feedback and ideas you give us may be used by us freely and without obligation.

Part 8. Third-Party Services

8.1 The Platform connects to, relies on and displays information from Third-Party Services, including Networks, Launch Services, Social Services, wallets and market data providers. We work with services we consider suitable, and we watch how they perform. That care is genuine, and it is also the extent of it: we do not control, operate, endorse, verify or vouch for any Third-Party Service.

8.2 Your dealings with a Third-Party Service are between you and that service, on its terms and at your own election and risk. This includes creating a User Token through a Launch Service, signing a transaction in a wallet, authorising us to learn who you are through a Social Service, publishing a post, and relying on any price, volume or valuation shown.

8.3 A Third-Party Service may change its behaviour, its fees, its rules, its data or its availability, or may act on the assets, accounts or content connected with you, at any time and without our knowledge. A Launch Service may, according to its own rules, alter how Creator Amounts are generated, paused, redirected or released. We are not responsible for any of this and we do not undertake to detect, prevent, reverse or compensate for it.

8.4 We may add, change, replace or withdraw any integration at any time. If an integration is withdrawn, features that depended on it may stop working, and we may be unable to complete Claims that relied on it.

Part 9. Rules of conduct

9.1 Use the Platform honestly and in a way that respects other people. In particular, you agree not to:

(a) impersonate any person or account, or misrepresent your control of any wallet, Social Service account or Network address;

(b) attempt to make a Claim you are not entitled to make, to defeat or manipulate the conditions of a Claim, or to interfere with another person's Claim;

(c) name as a Named Account any account whose holder you have no right to involve, where doing so would be unlawful, or in order to harass, defame or deceive;

(d) create or use a User Token that infringes rights, is unlawful, is intended to deceive, or is designed to harm the Platform or its users;

(e) submit false, misleading, infringing, harmful or unlawful Material;

(f) probe, scan, overload, scrape at scale, reverse engineer, bypass or interfere with the Platform, its security, its rate limits or its integrations, or use automated means to access it except as we expressly permit;

(g) use the Platform to launder proceeds, evade restrictions that apply to you, or otherwise break any requirement that applies to you;

(h) use the Platform to promote a User Token or anything else in a way that is misleading about the Platform, about us, or about what a Claim or a Named Account is;

(i) upload anything that carries malicious code; or

(j) help or encourage anyone else to do any of the above.

9.2 The list above is illustrative and not complete. We may act against conduct of a similar character even if it is not listed.

9.3 We may investigate suspected breaches, preserve and disclose relevant information where we consider it appropriate or where required, and take any action we consider proportionate, including warning, restricting, suspending, correcting Entitlement Records, or ending access. We do not undertake to monitor the Platform, and our decision to act in one case creates no duty to act in another.

Part 10. Our rights in the Platform

10.1 The Platform, including its software, design, text, graphics, layouts, names, marks and the arrangement of its information, belongs to us or to our licensors and is protected by intellectual property rights. Nothing in these Terms transfers any of it to you.

10.2 We grant you a limited, personal, non-exclusive, non-transferable and revocable licence to use the Platform for its intended purpose in accordance with these Terms. All rights we do not expressly grant are reserved. Information that originates on a Network or from a Third-Party Service is subject to whatever rights apply to it there.

Part 11. Forward-looking statements and outside commentary

11.1 From time to time we, or people associated with us, may describe plans, roadmaps, intentions, aims, features under consideration, or expectations, in any medium. Every such statement that is not a statement of present fact is aspirational. It reflects a view at the time it was made, it may change without notice, and it is not a commitment, a promise, a schedule or an undertaking to do, build, deliver, maintain or continue anything.

11.2 People who are not us, including users, holders of any token, commentators, community members and Named Accounts, may say things about the Platform, about User Tokens or about any token. Their statements are theirs alone. We do not review, adopt, endorse or take responsibility for them, and you should not attribute them to us or rely on them.

Part 12. No advice

12.1 Nothing on the Platform, and nothing we or anyone connected with us says or writes, is financial, investment, legal, tax, accounting or other professional advice, or a recommendation to acquire, hold, dispose of, create or promote anything. We do not assess whether anything is suitable for you. Information shown about market activity is descriptive only.

12.2 Any decision you make in connection with the Platform, including whether to create a User Token, whom to name, whether to make a Claim, where to direct any amount, and whether to acquire or dispose of any digital asset, is yours alone. Take independent advice where you think it appropriate. You are responsible for any tax, reporting or other obligation that arises from your activity.

Part 13. Risks you accept

13.1 The Platform touches technologies and markets that carry real and sometimes severe risks. By using it you acknowledge and accept, among others, the following:

(a) Volatility. The value of any digital asset, including any User Token and the Associated Token, can move rapidly and substantially, can fall to nothing, and can cease to be tradeable. Past movement indicates nothing about future movement.

(b) Independent Networks. Networks are operated by people we do not control. They may be congested, forked, halted, attacked or changed. Transactions on them are generally irreversible. A transaction that is sent may fail, be delayed, or land after everyone assumed it had not.

(c) Launch Services. The rules by which a Launch Service generates, holds and releases Creator Amounts are its own and may change. Authorities within such a service may be able to alter, pause or redirect arrangements that the Platform relies on.

(d) Social Services. The identification we receive, and the visibility of any post, depend entirely on a Social Service and may change, be withdrawn or be wrong.

(e) Races and finality. Where several Named Accounts may attempt a Claim, someone else may complete one first, and the result cannot be undone.

(f) Software. Software has defects. The Platform, wallets, Networks and Third-Party Services may contain errors or vulnerabilities that cause loss.

(g) Hostile third parties. People may attempt to deceive you, impersonate us, copy the Platform, or interfere with Networks, Social Services or the Platform itself.

(h) Legal uncertainty. The treatment of digital assets and related activity differs between places and changes over time, and a change may affect the Platform or your ability to use it.

(i) Unavailability. The Platform may be unavailable, slow, or discontinued, and Entitlement Records may become inaccessible.

(j) Allocation of Creator Fee Amounts. Where Creator Fee Amounts are divided between a Holding Address and a Platform Address, that division is carried out by the Launch Service, not by a payment we make to you. The amount, if any, that the Launch Service generates, the moment it releases it, and whether it follows the direction written for a User Token, are matters for that service and the Network. The portion directed to a Holding Address may be reduced as clause 6.17 describes and may never become claimable. The portion directed to a Platform Address is not available to you.

13.2 You accept these risks knowingly, and you agree that we are not responsible for loss arising from any of them except as Part 19 provides.

Part 14. The Associated Token

14.1 What it is. The Associated Token is a freely transferable digital collectible that exists on a Network we do not own or control. It is not offered by us as, and must not be acquired or understood as, an investment, a security, a share, a unit, a note, a deposit, a loan, a derivative, a managed product, a currency, a payment instrument, a store of value, or an interest of any kind in us, in the Platform, in any User Token, in any Holding Address, or in any asset, revenue, undertaking or entity.

14.2 No rights. Holding the Associated Token gives no ownership, equity, control, vote, distribution, dividend, redemption, repayment, priority, claim on revenue, claim on assets, claim on Creator Amounts, entitlement to any Service, or claim of any kind against us or anyone else. It does not make us your agent, trustee, fiduciary, counterparty, adviser or partner.

14.3 Function. Any function, use or role described for the Associated Token anywhere, by anyone, is indicative and forward-looking and is subject to Part 11. We do not undertake to build, deliver, maintain or continue any function.

14.4 Independent markets and independent participants. Any market for the Associated Token arises from the independent conduct of independent people. Anyone may acquire, hold, accumulate, dispose of, promote, disparage, imitate or otherwise act in relation to it, at any time and in any quantity, without our knowledge, permission or ability to prevent it. That conduct may be automated, coordinated, opportunistic, mistaken, reckless, deceptive or hostile, and its consequences may be sudden, severe and irreversible. Those consequences are outside our control and are not attributable to us. We do not undertake to monitor, counteract, remedy or compensate for the conduct of any other person, and nothing about us should be inferred from what any other holder does.

14.5 Volatility. The Associated Token may move rapidly and substantially in price, may become illiquid, and may cease to trade. Nobody, including us, suggests or implies any level, floor, range, direction or outcome for it.

14.6 Your decision. If you acquire, hold or dispose of the Associated Token, that decision is yours alone. It is not made in reliance on us, on anyone's efforts, or on the continuation of the Platform.

Part 15. Holdings and disposition

15.1 An allocation of the Associated Token may be associated with us or with people connected with us. Some or all of it may be subject to restrictions on transfer or disposal. Where restrictions are applied, their nature, scope, mechanism and duration are at our discretion and may be varied, extended, shortened, released or replaced. We state no particular period, method, proportion, threshold, date or mechanism.

15.2 Portions that are not restricted may be held or disposed of. Our present intention is measured disposal in balanced intervals, with reasonable regard to prevailing conditions and to the wider community, in a manner consistent with good-faith stewardship. Proceeds may be applied to development, maintenance, infrastructure, operations, personnel, security and community purposes.

15.3 This Part states a present general approach. It is subject in full to Part 11. It is not a commitment, schedule, limit, guarantee or undertaking as to timing, quantity, method, proportion, use of proceeds or continuation, it may change, it creates no right, entitlement, expectation or claim for anyone, and it is not intended to induce any decision to acquire, hold or dispose of anything.

Part 16. Information about you

16.1 We collect and process information about you only for purposes connected with operating, securing and improving the Platform and meeting requirements that apply to us. This may include wallet addresses, identifiers and public profile details supplied by a Social Service, the identifiers of public posts made in connection with a Claim, Network addresses you supply, technical information about your device and connection, and records of your activity on the Platform. This Part is the statement of that handling. We do not publish a separate privacy policy.

16.2 We keep information for as long as it is needed for those purposes or for as long as a requirement that applies to us calls for. Copies may persist in backups, logs and archives for a time after deletion. Information may be processed in places other than where you are.

16.3 Information recorded on a Network, including transactions to and from a Holding Address, is public and permanent, and is outside anyone's control including ours. Information published on a Social Service is governed by that service.

16.4 We may disclose information where we believe in good faith that disclosure is required, is appropriate to protect the Platform or its users, or is necessary to enforce these Terms.

Part 17. Availability, changes and discontinuation

17.1 We work to keep the Platform running and to give notice of significant changes where we reasonably can. The Platform is nonetheless offered as available. We may modify, suspend, limit, pause or permanently cease the Platform, any Service, any feature, any integration, or any Entitlement Record, in whole or in part, at any time and for any reason, with or without notice, and without liability to you.

17.2 If the Platform ceases, Entitlement Records may become inaccessible and features that depend on us may stop, including the ability to make a Claim through the Platform. Amounts on a Network remain on the Network according to its rules and the rules of the relevant Launch Service.

Part 18. Disclaimers

18.1 We built the Platform carefully and we maintain it with attention to its security, accuracy and function, using practices we consider appropriate to its nature and scale. Those efforts are real, and they are also the whole of what we offer: they are not a guarantee of any result.

18.2 To the fullest extent permitted, the Platform and everything provided through it are made available as is and as available, with all faults, and without any warranty or condition of any kind, whether express, implied or statutory. Without limiting that, we disclaim every implied warranty and condition of merchantability, satisfactory quality, fitness for a particular purpose, title, quiet enjoyment, non-infringement and accuracy, and every warranty arising from course of dealing, performance or usage of trade.

18.3 In particular, and without limitation, we do not warrant that: the Platform will be uninterrupted, timely, secure or error-free; any information shown is accurate, complete or current; any User Token will be created, listed, traded or valued in any way; any Creator Amounts will exist, accumulate or be claimable; any Claim will be verified, completed or completed first; any Social Service will identify you or display your post in any particular way; any Third-Party Service will act in any particular way; or any defect will be corrected.

18.4 Some places do not allow certain warranties to be excluded. Where a warranty or condition cannot lawfully be excluded, it applies to the minimum extent the law requires and for the minimum period the law requires, and nothing in this Part takes it away.

Part 19. Limits on our responsibility

19.1 We take our obligations seriously and we intend to meet them. The following limits describe the boundary of what we can be responsible for, given that so much of what the Platform touches is operated by other people and beyond our control.

19.2 To the fullest extent permitted:

(a) we are not liable for any indirect, incidental, special, consequential, exemplary or punitive loss or damage, or for any loss of profit, revenue, business, opportunity, expected saving, goodwill, reputation, data, use or value, however arising and whether or not foreseeable, and whether the claim is framed in contract, tort including negligence, breach of statutory duty, strict liability or otherwise, even if we were told the loss might happen;

(b) we are not liable for any loss arising from or connected with: any Network or its participants; any Launch Service, including any change to how Creator Amounts are generated, held, paused, redirected or released; any Social Service, including its identification of any person and its treatment of any post; any wallet or other Third-Party Service; the act or omission of any third party, including any independent participant, market actor, automated system, malicious actor or provider of a Third-Party Service; any User Token or anything anyone does in relation to one; the outcome of any Claim, including another Named Account completing a Claim first; any address you supplied; any unauthorised access to your wallet, account or device; any inaccuracy in information displayed; or any suspension, modification or discontinuation of the Platform;

(c) our total aggregate liability arising out of or in connection with these Terms and the Platform, for all claims together, will not exceed one hundred United States dollars (USD 100). Because we do not charge you for the Platform, this figure is a nominal cap and not a reference to any amount paid, and it applies for the twelve months preceding the event giving rise to the first such claim and to every claim thereafter;

(d) we are not liable for any loss arising from or connected with the allocation of Creator Fee Amounts in clauses 6.12 to 6.21, including the amount the Launch Service generates or does not generate, the time or manner of any release, any rounding, remainder or Network charge, any amount paid to a Platform Address, the identity of the Named Account that completes a Claim, any inability to complete a Claim, or any expectation that any person would receive any amount.

19.3 These limits apply even if a remedy fails of its essential purpose and even if we were aware of the possibility of the loss.

19.4 Nothing in these Terms excludes or limits liability that cannot lawfully be excluded or limited, including liability for fraud or fraudulent misrepresentation, for death or personal injury caused by negligence, or for wilful misconduct or gross negligence where the law does not permit such liability to be limited. Where a limit in this Part is not permitted, it applies to the greatest extent that is permitted.

Part 20. Your indemnity

20.1 You agree to indemnify, defend and hold harmless Dibs, its affiliates, and their respective officers, directors, employees, contractors, agents, licensors and representatives from and against every claim, demand, action, proceeding, loss, liability, damage, cost and expense, including reasonable legal fees, arising out of or connected with: your use of the Platform; Your Material; any User Token you create or cause to be created, including its name, symbol, image and description, and anything anyone does in relation to it; any Named Account you identify; any Claim you make or attempt; any address you supply; your breach of these Terms; your infringement of anyone's rights; your dealings with any Third-Party Service; or your failure to meet any requirement that applies to you.

20.2 We may assume the exclusive defence and control of any matter subject to this indemnity, at your expense, and you will cooperate with us. You will not settle any such matter without our prior written consent.

Part 21. Events beyond our control

21.1 We are not responsible for any failure or delay caused by events or circumstances beyond our reasonable control, including failures of Networks, Launch Services, Social Services, hosting, connectivity or power; changes to protocols or to third-party rules or interfaces; attacks, intrusions or other hostile conduct; actions of authorities; changes in requirements that apply to us; labour disputes; and natural events. Where such an event continues, we may suspend or end affected Services without liability.

Part 22. Ending the relationship

22.1 You may stop using the Platform at any time. We may suspend or end your access to all or part of the Platform at any time, with or without cause and with or without notice.

22.2 When access ends, any licence we granted you ends, and your ability to use the Platform, including to make a Claim through it, ends. Entitlement Records may be retained, corrected or removed at our discretion. Anything already recorded on a Network stays on the Network.

22.3 Parts 2, 4.5, 6.1, 6.2, 6.4, 6.8, 6.9, 6.10, 6.11, 6.12, 6.13, 6.14, 6.15, 6.16, 6.17, 6.18, 6.19, 6.20, 6.21, 7, 8, 10, 11, 12, 13, 14, 15, 16, 18, 19, 20, 21, 22, 23 and 24 survive the end of the relationship, together with any other provision that by its nature should survive.

Part 23. Disputes and general provisions

23.1 Talk to us first. If you have a concern, please send it as a direct message to @dibsdotfm on X (https://x.com/dibsdotfm) describing it. Both of us will try in good faith to resolve it informally for at least thirty days before starting any formal process, unless urgent relief is needed to prevent irreparable harm.

23.2 Governing law. These Terms, and any dispute arising out of or in connection with them or the Platform, are governed by the law of the place where we have our principal place of business, without regard to its conflict of law rules, and subject to any rights you have under the law of the place where you live that cannot be excluded by agreement.

23.3 Forum. Any dispute that is not resolved informally will be resolved in the courts of that same place.

23.4 Individual basis. To the fullest extent permitted, disputes are resolved individually and not as a class, collective, consolidated or representative proceeding. If that restriction cannot be enforced for a particular claim, that claim is severed and resolved in the applicable forum, and the restriction continues to apply to everything else.

23.5 Time limit. To the fullest extent permitted, any claim must be brought within one year of the events giving rise to it, failing which it is permanently barred.

23.6 Changes to these Terms. We may change these Terms at any time by publishing the revised version on the Platform and updating the version and date at the top. Changes take effect when published unless the revision states otherwise. Continued use after a change is acceptance of it. If you do not accept a change, stop using the Platform.

23.7 Severability. If any provision is found unenforceable, it is modified to the minimum extent needed to make it enforceable, or severed if that is not possible, and the remainder continues in full effect.

23.8 Waiver. A failure or delay by either of us to enforce a provision is not a waiver of it or of any other provision.

23.9 Assignment. You may not assign or transfer these Terms or any right under them without our written consent. We may assign or transfer them, in whole or in part, to any affiliate or successor, or in connection with any reorganisation, merger or sale, without your consent.

23.10 Entire agreement and non-reliance. These Terms, with any supplemental terms that refer to them, are the entire agreement between you and us about the Platform and replace every earlier agreement, understanding and communication about it. You confirm that in agreeing to these Terms you have not relied on any statement, representation, assurance or warranty that is not written in them, including anything said in any community channel, social post, announcement, interview, document or conversation, whether by us or by anyone connected with us or claiming to speak for us, and you waive any claim based on such reliance to the fullest extent permitted. Nothing in this clause limits liability for fraud.

23.11 No partnership. Nothing in these Terms creates a partnership, joint venture, agency, employment, trust or fiduciary relationship between you and us.

23.12 Notices. We may give you notice by publishing on the Platform or by any contact detail you have given us. You may give us notice by direct message to @dibsdotfm on X (https://x.com/dibsdotfm).

23.13 Language. These Terms are written in English. Any translation is for convenience only, and the English version prevails.

23.14 Third parties. Except for the persons indemnified under Part 20, nobody other than you and us has any right to enforce these Terms.

23.15 Headings. Headings are for convenience and do not affect interpretation.

Part 24. Contact

24.1 Questions about these Terms may be sent by direct message to @dibsdotfm on X (https://x.com/dibsdotfm). We read what we receive and aim to reply within a reasonable time, though we cannot commit to a particular response time, and correspondence does not change these Terms.

⚠️ PLEASE READ AND REMEMBER

YOU USE THE PLATFORM AT YOUR OWN RISK.

The Platform is provided as is and as available. No outcome, result, availability, continuity or value is promised to anyone, by anyone, at any time. Tokens created through the Platform are created by their users, not by us. Being named on a token promises nothing; a claim may be completed by someone else first, and completed claims are final. Where a token's creator amounts are divided, ten percent is directed to an address we control and belongs to us, and ninety percent is directed to a holding address for the named account that completes a claim. That ninety percent is not split among everyone who was named, it may never arise, and it is not a sum we owe. Independent third parties, including the networks, launch services and social services the Platform relies on, act independently and are not our responsibility. Decisions you make are yours. Please proceed only on that basis, and only so far as you are comfortable doing so.

Dibs - Terms of Service, version 1.1, effective 22 September 2026, updated 23 September 2026.