BOUNTYRING

TERMS AND CONDITIONS

Last Updated: April 1, 2026

1. ACCEPTANCE OF TERMS

These Terms and Conditions ("Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Skilltech Esports Ventures Ltd. ("Company," "we," "us," or "our"), governing your access to and use of the BountyRing platform, including the BountyRing website located at bountyring.com and the BountyRing downloadable application or any other BountyRing services (collectively, the "Platform").

PLEASE READ THE TERMS AND CONDITIONS CAREFULLY BEFORE YOU START TO USE THE PLATFORM.

By creating an account, accessing, or using the Platform in any manner, you acknowledge that you have read, understood, and agree to be bound by these Terms, our Privacy Policy, Game Rules, and any additional rules, policies, or guidelines referenced herein (collectively, the "Platform Agreements"). If you do not agree to these Terms, you must not access or use the Platform.

THESE TERMS CONTAIN A MANDATORY ARBITRATION PROVISION (SECTION 17) THAT REQUIRES THE USE OF ARBITRATION ON AN INDIVIDUAL BASIS TO RESOLVE DISPUTES. IT DOES NOT ALLOW JURY TRIALS OR CLASS ACTIONS OF ANY KIND. BY ACCEPTING THESE TERMS, YOU WAIVE YOUR RIGHT TO A JURY TRIAL AND TO PARTICIPATE IN A CLASS ACTION.

We reserve the right to modify these Terms at any time. We will notify you of material changes by posting the updated Terms on the Platform with a revised "Last Updated" date. Your continued use of the Platform after such changes constitutes your acceptance of the revised Terms. Changes to the dispute resolution provisions in Section 17 will not apply to any disputes for which the parties have actual notice before the date the change is posted. It is your responsibility to review these Terms periodically.

2. ELIGIBILITY

2.1 Age Requirements

You must be at least eighteen (18) years of age or the legal age of majority in your jurisdiction, whichever is higher, to create an account and use the Platform. In Alabama and Nebraska, the minimum age is nineteen (19). You represent and warrant that you meet the applicable age requirement. If you do not meet these age requirements, you must not access or use the Platform. We reserve the right to request proof of age at any time and to suspend or terminate any account where the User fails to demonstrate eligibility.

2.2 Geographic Restrictions

The Platform is available only to Users physically located in the United States in jurisdictions where skill-based competitions for cash prizes are permitted under applicable law. BountyRing utilizes geofencing technology to verify your physical location each time you attempt to enter a cash-enabled Competition. You may not access cash-enabled Competitions if you are located in a jurisdiction where such activity is restricted or prohibited.

The Platform may only be accessed from within the United States. Users may not access the Platform from outside the United States, including while traveling internationally. The use of virtual private networks (VPNs) or other tools to mask or alter your geographic location is strictly prohibited. Accessing the Platform from a state different from your registered home state may trigger a security review and temporary suspension of account activity pending verification.

Permitted Jurisdictions

As of the date of these Terms, real-money Competitions are available to Users located in the following U.S. states and the District of Columbia: Alabama, Alaska, California, Colorado, Delaware, Florida, Georgia, Hawaii, Indiana, Kansas, Kentucky, Maine, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey (subject to applicable regulatory approvals), New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Texas, Utah, Virginia, West Virginia, Wisconsin, and Wyoming.

Restricted Jurisdictions

Real-money Competitions are not currently available and are prohibited to Users located in the following U.S. states: Arizona, Arkansas, Connecticut, Idaho, Illinois, Iowa, Louisiana, Maryland, Massachusetts, Michigan, Montana, Nevada, Ohio, South Carolina, Tennessee, Vermont, and Washington. Users located outside the United States are not eligible to use the Platform. Users located in restricted jurisdictions may access free-to-play (practice) mode only, where available.

We reserve the right to modify the list of permitted and restricted jurisdictions at any time without prior notice, based on changes in applicable law, regulatory guidance, or our internal compliance assessments. It is your sole responsibility to ensure that your participation in Competitions complies with the laws of the jurisdiction in which you are physically located at the time of play.

2.3 Additional Eligibility Requirements

You may not use the Platform if: (a) you are an employee, officer, director, contractor, or agent of the Company or any of its affiliates, or an immediate family member or household member of such person, unless expressly authorized; (b) you have been previously banned or suspended from the Platform; (c) you are prohibited from entering into contracts under applicable law; (d) you are located outside the United States; (e) you are included on any government-maintained list of prohibited or restricted parties; (f) you are listed on any relevant Politically Exposed Person (PEP) or sanctions list; or (g) you are not capable of entering into, participating in, and complying with the BountyRing Terms and Conditions, policies, and agreements at all times.

3. ACCOUNT REGISTRATION AND SECURITY

3.1 Account Creation

To access Competitions, you must create a BountyRing account at no cost. During registration, you are required to provide a valid telephone number, email address, or any other required information, which must be verified. You agree to provide accurate, current, and complete information during registration and to keep your account information updated. Providing false or misleading information is grounds for immediate account termination and other legal procedures according to applicable laws.

3.2 One Account Per User

Each User may maintain only one (1) account on the Platform. Creating or maintaining multiple accounts is strictly prohibited. If we discover that you have registered multiple accounts, are sharing accounts with another individual, or are accessing the Platform through an account that is not your own, all applicable accounts will be terminated without notice or liability to you, and all associated funds may be forfeited, in addition to any other legal procedures according to applicable laws.

3.3 Account Ownership

You acknowledge and agree that you have no ownership right, title, or interest in or to your account. Your account is licensed to you on a limited, revocable basis subject to these Terms. The Company retains all rights in and to all accounts on the Platform.

3.4 Identity Verification (KYC)

Before you are eligible to withdraw any funds from the Platform, you must complete the identity verification process through our secure third-party Verification Partner (Veriff, Persona, or any other verification partner we may use). You will be required to provide a valid government-issued photo identification document, residential address documentation, photographs, or any other information that our Verification Partner may need. The name on your identification must match the name on your BountyRing account and on your payment method. This Know Your Customer ("KYC") verification is required to comply with applicable laws and to protect against fraud, underage use, and money laundering.

We also adhere to Customer Due Diligence ("CDD") protocols for beneficial ownership verification, including verification of bank account ownership, customer identities, and prevention of fraudulent enrollments. We reserve the right to request additional verification documentation at any time and to delay or block transactions until verification is satisfactorily completed.

3.5 Account Security

You are solely responsible for maintaining the confidentiality and security of your account credentials. You agree to notify us immediately of any unauthorized use of your account or any breach of security. The Company will not be liable for any loss or damage arising from your failure to maintain account security. You may not share, transfer, sell, or permit any other person to use your account. You should exercise particular caution when accessing your account from a public or shared device.

3.6 Inactive Accounts

An account that has not been accessed or used for a period of ninety (90) consecutive days will be deemed inactive and will be charged an inactivity fee of five dollars ($5.00) per month. After one hundred eighty (180) days of inactivity, the Company reserves the right to suspend or permanently delete inactive accounts at its sole discretion. Prior to deletion, we will make reasonable efforts to notify you at your registered email address. You acknowledge that deletion of an inactive account may result in loss of access to any information, data, or funds associated with the account. It is your responsibility to withdraw eligible funds before your account becomes inactive.

Notwithstanding the foregoing, any funds remaining in inactive or closed accounts will be handled in accordance with applicable state unclaimed property and escheatment laws.

4. PLATFORM DESCRIPTION AND GAME RULES

4.1 Nature of the Platform

BountyRing is a skill-based competitive gaming platform that allows Users to compete against one another in first-person shooter ("FPS") video game contests ("Competitions"). The outcome of each Competition is determined predominantly by the skill, strategy, and hand-eye coordination of the participants. The Company has structured the Competitions to remove random elements and synchronize all game elements for all players.

BountyRing is not a gambling platform. Competitions on BountyRing are contests of skill in which the outcome is determined by the participants' relative abilities, not by chance. An independent statistical analysis by Dr. Michael Orkin, a nationally recognized authority on gaming statistics, has confirmed that BountyRing Competitions are skill-based and do not contain a material degree of chance.

We may at any time change, add, modify, remove, discontinue, or suspend the Platform, its content, or any part thereof with immediate effect and without notice to you. The Company will not be liable to you for any loss, damage, or liability arising from any change, addition, modification, removal, or suspension of the Platform, its content, or any part thereof. For the avoidance of doubt, you will have no claims with respect to such changes, additions, modifications, removals, or suspensions whatsoever.

4.2 Competition Formats

Practice Mode (Free-to-Play)

Practice mode allows Users to learn the game rules and develop their skills without paying an entry fee. Users in practice mode are not eligible to win cash prizes.

Tournament Mode (Cash-Enabled)

In tournament mode, a minimum of two (2) and a maximum of ten (10) Users compete against each other in a single Competition. The maximum number of players may be subject to reasonable increases at the Company's discretion. Users pay an entry fee to participate and compete for cash prizes.

Challenge Mode (1v1, Cash-Enabled)

In challenge mode, one User challenges another User of their choosing to a one-on-one Competition. The challenge begins after both players agree and join the game room. If either player fails to join within the timeout period (no less than five (5) minutes), the game is canceled and any entry fees collected are refunded.

4.3 Gameplay Rules

All players start each Competition with similar starting conditions, including the same inventory of weapons, ammunition, and abilities. Items spawn evenly across the game map. There is no way to purchase inventory, upgrades, or any gameplay advantage on the Platform. Players earn points by hitting or eliminating other players and lose points when being hit, damaged, or eliminated. The winner is the player who earns the most points during the Competition.

Match length varies based on the number of players (for example, two players results in a five-minute match; ten players results in a ten-minute match). These match length values may be adjusted by the Company. A health timer mechanic encourages active play; if the timer reaches zero while you remain idle, you take damage. Collecting a health pack resets the timer. Timer duration and damage values may vary.

Detailed game rules, including the specific scoring system, point values for kills and deaths, and prize distribution percentages, are displayed in the game room before each Competition begins. By entering a Competition, you agree to abide by the applicable Game Rules, which are incorporated into these Terms by reference.

4.4 Matchmaking and Skill Divisions

Competition entrants may be separated into skill divisions based on standardized metrics, such as kill/death ratio, to facilitate fair and meaningful competition at all skill levels. The Company reserves the right to implement, modify, or discontinue skill-based matchmaking and tiering systems at any time.

4.5 Map Selection

When a Competition's countdown ends and the server is set up, a map is selected for the match. The map selection process is the same for all participants in a given Competition.

4.6 Publicity and Release

By participating in any Competition, unless prohibited by law, you irrevocably grant and authorize the Company and its affiliates the rights to display, publicly perform, exhibit, transmit, broadcast, reproduce, record, photograph, digitize, modify, alter, edit, adapt, create derivative works, exploit, sell, rent, license, otherwise use, and permit others to use, your name, username, image, likeness, age, appearance, avatar, voice, opinions, videos, and photographs, in perpetuity, and all materials created by or on behalf of the Company and its affiliates that incorporate any of the foregoing, in perpetuity, in any medium or format whatsoever now existing or created in the future, in connection with the marketing, promotion, services, activities, offerings, development, exploitation, distribution, and production of the Platform and the Company's business.

5. ENTRY FEES, PRIZES, AND PAYMENTS

5.1 Entry Fees

Entry fees for cash-enabled Competitions range from two dollars ($2.00) to one thousand dollars ($1,000.00) and may be subject to reasonable adjustments. The entry fee for each Competition is clearly displayed before you enter. By joining a cash-enabled Competition, you authorize the Company to debit the applicable entry fee from your account balance.

You may leave a game room and receive an automatic refund of your entry fee only if you are the sole player in the room. Once a second player has joined, your entry fee is committed to the Competition.

5.2 Processing Fees

The Company retains a platform fee from each Competition's total entry fee pool (the "Platform Fee"). The Platform Fee is deducted before prizes are distributed. The applicable Platform Fee percentage or amount is reflected in the prize distribution displayed in the game room under "View Prizes" before each match begins.

5.3 Prize Distribution

Prizes in cash-enabled Competitions are funded by the total entry fees collected from all participating Users, less the Platform Fee. Only the winning User(s) in each Competition will receive a prize. The prize pool distribution structure for each Competition is available in the game room before the match begins.

Final prizes are calculated based on the number of players who successfully load into and start the match. If your game (or another participant's game) fails to start due to a crash or disconnection during the loading phase and you (or such other participant) were not present when the match began, your (or such other participant's) entry fee will be refunded and removed from the prize pool. After the match starts, no refunds are given for disconnections, crashes, or voluntary quits.

5.4 Deposits

You may fund your account using the payment methods available on the Platform. All deposits are processed in U.S. dollars. The Company utilizes third-party payment processors to facilitate transactions. By making a deposit, you agree to the terms and conditions of the applicable payment processor. The Company is not responsible for any errors, delays, or fees imposed by third-party payment processors.

5.5 Withdrawals

All deposited funds must be used in at least one Competition (played at least once) before they are eligible for withdrawal. A minimum withdrawal amount of twenty dollars ($100.00 USD) applies.

Identity Verification and KYC for Withdrawals

All withdrawals require completion of the identity verification process via our Verification Partner, as described in Section 3.4. The name on your government-issued identification must match the name on your BountyRing account and the name on your designated payment method. Your residential address documentation must also match the information on your BountyRing account.

You agree and acknowledge that we reserve the right to perform any verification and KYC checks at any time that we believe are necessary. These verification and KYC checks may include, but are not limited to: source of funds, source of wealth, credit and financial background, fraud and crime prevention, location and residency, and government identifiers and documentation.

You agree to provide us with true, accurate, and complete information, data, and documentation that we may request.

If any of the requested information, data, or documentation you provided contains a mismatch or other discrepancy (e.g., name mismatch, address mismatch), your withdrawal may be delayed or blocked until verification and KYC checks are satisfactorily completed.

Withdrawal Fees

The following fees apply to each withdrawal: (a) a flat processing fee of two dollars ($2.00) per transaction; and (b) a variable processing fee ranging from two dollars ($2.00) to ten dollars ($10.00), determined by our payment processors based on the withdrawal method, your location, and the total withdrawal amount. Initial withdrawals may include an additional compliance verification fee. All fees are deducted from the withdrawal amount.

Withdrawal Processing

Withdrawal requests are subject to a minimum review period of forty-eight (48) to seventy-two (72) hours and are processed within five (5) to seven (7) business days under the Company's standard processing schedule. Withdrawals are not processed on weekends, public holidays, or bank holidays. Certain withdrawals may take longer if flagged for security or compliance review. The Company reserves the right to delay or refuse any withdrawal request pending completion of identity verification, fraud review, or compliance checks. In confirmed cases of fraud, misrepresentation, or refusal to cooperate with KYC procedures, the Company may seize funds, terminate your account, and pursue legal remedies.

5.6 Promotional Funds

Funds received through promotions and/or special offers, including the Refer a Friend Promotion, cannot be directly withdrawn. All promotional funds must be used in at least one Competition before they become eligible for withdrawal. Additional restrictions may apply as set forth in the applicable promotion terms.

If we have reasonable suspicion that you are abusing or attempting to abuse a promotion and/or a special offer or bonus offer (as applicable), or you have engaged in fraudulent or illegal conduct, then we may, at our discretion, deny, withhold, or withdraw from you any promotion, special offer, or bonus offer, either temporarily or permanently, or terminate or suspend your User Account.

5.7 Taxes

You are solely responsible for reporting and paying any applicable federal, state, or local taxes on prizes or winnings. The Company is required to report to the Internal Revenue Service (IRS) aggregate net winnings of six hundred dollars ($600.00) or more in a calendar year and will issue IRS Form 1099-MISC (or such other form as may be required) to any User meeting this threshold. The Company may withhold taxes from prize payments where required by applicable federal, state, or local law, including backup withholding at the applicable rate if you fail to provide a valid taxpayer identification number or if the IRS notifies the Company that withholding is required. You agree to provide any tax-related information that we reasonably request, including a completed IRS Form W-9.

YOU ACKNOWLEDGE, UNDERSTAND, AND AGREE THAT WE DO NOT PROVIDE NOR OFFER LEGAL OR TAX ADVICE.

YOU ACKNOWLEDGE, UNDERSTAND, AND AGREE THAT WE ARE NOT A FINANCIAL INSTITUTION.

6. DISCONNECTIONS, CRASHES, MALFUNCTIONS, ERRORS, AND REFUND POLICY

A player who is not connected to the server by the time the game starts will have their entry fee removed from the prize pool and refunded to their account.

A player whose game crashes or who disconnects during a Competition will not be able to rejoin that Competition. The disconnected player's accumulated points will be retained until the end of the game. A disconnected player may still win a prize if, at the conclusion of the Competition, their total in-game points (minus any applicable penalty points) qualify for a prize.

Disconnected players may receive a points deduction as a penalty. To deter intentional disconnections or game quits, the penalty amount may vary based on each player's behavioral history. Leaving a match mid-game is treated as a disconnection and results in a score penalty.

After a Competition has begun, no refunds are issued for disconnections, crashes, or voluntary exits, regardless of the reason for disconnection.

In the event of a server-side failure, platform malfunction, or general service outage that prevents the completion of a Competition, all entry fees for the affected Competition will be returned to participating Users' accounts.

If you are incorrectly granted a prize as a result of human error, technical error, or any error made by us or on our behalf, or any bug, defect, virus, or error in the Platform, its content, or software, this shall constitute a debt to us and we may deduct the prize from your User Account.

WE RESERVE THE RIGHT TO DECLARE PARTICIPATION IN ANY COMPETITION VOID, PARTIALLY OR IN FULL, IF IN OUR DISCRETION, WE DEEM THAT THERE WAS AN ERROR, SOFTWARE OR SYSTEM MALFUNCTION, MISTAKE, MISPRINT, OR TECHNICAL ERROR IN THE RELEVANT COMPETITION OR COMPETITION RULES, AND WE MAY DEDUCT THE PRIZE GRANTED TO YOU (AS APPLICABLE) FROM YOUR USER ACCOUNT (THIS SHALL CONSTITUTE A DEBT TO US).

For a summary of all refund scenarios, see Sections 4.2, 5.1, and this Section 6.

7. FAIR PLAY AND ANTI-CHEATING POLICY

7.1 Zero-Tolerance Cheating Policy

The Company maintains a zero-tolerance policy for cheating. Any User found to be cheating will be permanently banned from the Platform and will forfeit all funds in their account. Cheating includes, but is not limited to: (a) use of third-party software, aimbots, wallhacks, or other cheat tools; (b) use of bots, macros, or automated scripts; (c) exploitation of in-game glitches, bugs, or errors; (d) unauthorized access to other Users' accounts or the Platform infrastructure; and (e) any other method intended to gain an unfair advantage.

7.2 Smurfing and Skill Misrepresentation

You may not create or use alternate accounts, lower-level accounts, or engage in any form of skill misrepresentation ("smurfing") to manipulate skill-based matchmaking, tiers, or Competition outcomes. Intentionally performing below your true skill level, whether through deliberate losses, tanking, or sandbagging, is prohibited. Discovery of smurfing or skill misrepresentation may result in termination of all associated accounts and forfeiture of funds.

7.3 Collusion and Match Fixing

You may not collude with other players, coordinate with opponents, or engage in any form of match fixing. This includes, but is not limited to: (a) agreeing to predetermine the outcome of a Competition; (b) sharing information or coordinating actions in a manner that undermines fair competition (such as intentionally feeding kills to a specific player); (c) conspiring with other players to manipulate results; or (d) accepting or offering anything of value in exchange for influencing the outcome of a Competition.

7.4 Platform Integrity Measures

The Platform incorporates the following measures to promote fair play: (a) all walls are transparent to prevent wall-hack cheats, so all players can see all other players through walls; (b) all players start with identical weapons, ammunition, and abilities, with no upgrades or purchases available; (c) a report system is available for Users to report abuse or suspected cheating via the support system; (d) the Company utilizes behavioral analysis to monitor gameplay and detect suspicious activity; and (e) each Competition may include a monitor to help identify rule violations.

7.5 Consequences of Violations

If a player triggers a cheating suspicion based on our behavioral analysis or other detection methods, we reserve the right to cancel their account, and the player will forfeit all funds in their account. Disconnection abuse, verbal misbehavior, harassment, threats, hate speech, and other inappropriate actions may also result in a permanent ban, with forfeiture of all account funds.

In the event of a ban due to cheating, there is no guarantee of refunds to other players who participated in Competitions with the banned player. The Company reserves the right to evaluate and issue refunds on a case-by-case basis at its sole discretion.

7.6 Wagering on Others

BountyRing does not support staking, spectator wagering, or any form of wagering on another User's performance. You may only participate in and wager on your own gameplay. Any attempt to facilitate third-party wagering through the Platform is prohibited and may result in account termination.

8. PROHIBITED CONDUCT

In addition to the prohibitions set forth elsewhere in these Terms, you agree not to: (a) use the Platform for any unlawful purpose or in violation of any applicable law or regulation; (b) create or maintain multiple accounts, or use another person's account; (c) use any automated system, software, bot, spider, or script to interact with the Platform; (d) attempt to reverse-engineer, decompile, disassemble, or otherwise derive the source code of the Platform or any component thereof; (e) interfere with, disrupt, or place an undue burden on the Platform, its servers, or its infrastructure, including through denial-of-service attacks; (f) harvest, collect, or store personal information of other Users; (g) engage in collusion, match-fixing, smurfing, or any form of coordinated unfair play; (h) use the Platform to launder money or for any other fraudulent purpose; (i) circumvent or attempt to circumvent geographic restrictions, geofencing, or any other security or compliance measures, including through VPN usage; (j) transfer, sell, trade, or otherwise convey your account or account funds to any third party; (k) engage in abusive, threatening, harassing, discriminatory, or otherwise inappropriate conduct toward other Users or Company personnel; (l) use the Platform for any commercial purpose not expressly authorized by the Company, including advertising, solicitation, or spam; (m) introduce any viruses, trojan horses, worms, logic bombs, or other malicious or technologically harmful material; or (n) partake in any activity or action the Company deems, in its sole discretion, to be against the spirit or intent of the Platform.

9. INTELLECTUAL PROPERTY

9.1 Company Intellectual Property

The Platform, including all content, features, functionality, software, text, graphics, logos, trademarks, and other intellectual property displayed on or through the Platform (collectively, "Company IP"), is owned by the Company or its licensors and is protected by United States and international copyright, trademark, patent, trade secret, and other intellectual property laws.

Subject to your compliance with these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Platform for your personal, non-commercial use. You shall not reproduce, copy, distribute, sell, assign, lease, delegate, transfer, modify, reverse engineer, decompile, disassemble, create derivative works of, publicly display, publicly perform, republish, download, store, or transmit any Company IP, except as incidental to normal use of the Platform (such as temporary copies stored in RAM or cached by your browser).

9.2 Third-Party Disclaimers

BountyRing is not endorsed by, directly affiliated with, maintained, authorized, or sponsored by any third-party game publisher or developer. All game titles, trade names, trademarks, artwork, and associated imagery referenced on the Platform are the trademarks and/or copyright material of their respective owners. Any reference to third-party products or services is for identification purposes only and does not imply endorsement or affiliation.

9.3 Copyright Complaints (DMCA)

If you believe that any content on the Platform infringes your copyright, please submit a notice of claimed infringement to [email protected] containing: (a) a description of the copyrighted work; (b) a description of the infringing material and its location on the Platform; (c) your contact information; (d) a statement that you have a good faith belief that the use is not authorized; (e) a statement under penalty of perjury that the information in your notice is accurate; and (f) your physical or electronic signature. The Company will terminate the accounts of repeat infringers in appropriate circumstances.

10. USER CONTENT, INTERACTIVE CONTENT, RELIANCE, AND CONTENT STANDARDS

10.1 User Content License

"User Content" means any content that you create, submit, post, display, transfer, or transmit through the Platform, including chat messages, personal web pages, message boards, forums, profile information, reports, feedback, and other interactive features. You retain ownership of your User Content, but by submitting User Content, you grant the Company a worldwide, non-exclusive, royalty-free, perpetual, irrevocable, and sublicensable license to use, reproduce, modify, adapt, publish, translate, distribute, and display such User Content in connection with the operation, promotion, and improvement of the Platform.

10.2 Content Standards

All User Content must comply with applicable laws and must not: (a) contain defamatory, obscene, indecent, abusive, offensive, harassing, violent, hateful, inflammatory, or discriminatory material; (b) promote sexually explicit or pornographic material, violence, or discrimination based on race, sex, religion, nationality, disability, sexual orientation, age, or any other protected characteristic; (c) infringe any patent, trademark, trade secret, copyright, or other intellectual property or proprietary right; (d) violate the legal rights of others, including rights of privacy and publicity; (e) be likely to deceive any person; (f) promote illegal activity or advocate, promote, or assist any unlawful act; (g) impersonate any person or misrepresent your identity or affiliation; or (h) involve unauthorized commercial activities, advertising, or solicitation.

10.3 Reliance

The content and information presented on the Platform is available for general information purposes only. The Company does not represent, warrant, assure, or guarantee the accuracy or completeness of any information. Your reliance on the information is at your sole discretion and at your own risk. The Company disclaims all liability or responsibility arising from your reliance, in whole or in part, on information provided by third parties, including materials provided by the Platform or any other third-party users or service providers.

The content and information presented on the Platform are the opinions and the responsibility of the person or party providing it. The Company is not liable to you or any third party for the accuracy or completeness of any information.

10.4 Monitoring and Removal

The Company reserves the right, but has no obligation, to monitor, review, edit, or remove any User Content at its sole discretion and without prior notice. We may disclose your identity or information to any third party who claims that your User Content violates their rights. We are not responsible for the content or accuracy of any User Content posted by you or any other User.

11. REFER A FRIEND PROMOTION

The Platform may offer a Refer a Friend Promotion, subject to separate Promotion Terms and Conditions published on the Platform. The Promotion allows you to earn a certain amount (e.g., five dollars ($5.00)) for each Referred Friend who registers through your unique referral link and deposits at least fifteen dollars ($15.00) within thirty (30) days of registration, subject to the eligibility requirements and restrictions in the Promotion Terms.

Key restrictions include: (a) referral links may only be sent to close friends and family and may not be posted publicly or distributed through advertisements; (b) the referred individual must not be located in a Restricted Territory or have an existing account; (c) all promotional funds cannot be directly withdrawn and must be used in at least one Competition before withdrawal; and (d) the Company may cancel, suspend, or modify the Promotion at any time. The Promotion Terms and Conditions, and these Terms and Conditions, govern all aspects of the Promotion.

12. RESPONSIBLE PLAY

The Company is committed to promoting responsible play. While BountyRing is a skill-based platform and not a gambling product, we recognize that cash competitions require responsible use. We encourage all Users to play within their financial means and to take breaks as needed.

If you feel that your use of the Platform is becoming excessive or problematic, you may contact [email protected] to request voluntary self-exclusion or account restrictions, including deposit limits or cooling-off periods. The Company reserves the right to implement responsible play measures, including limiting entry fees, imposing deposit caps, or restricting access, where it deems appropriate.

13. DESKTOP APPLICATION / LAUNCHER TERMS

If you download and use the BountyRing desktop application or launcher (the "Application"), the following additional terms apply:

(a) The Application is licensed, not sold, to you. Your use of the Application is subject to these Terms and any applicable end-user license agreement.

(b) Use of the Application requires a compatible desktop computer, internet access, and may require certain minimum hardware or software specifications. You are responsible for obtaining and maintaining such equipment and services, and for any associated costs.

(c) We may send you notifications and in-application messages related to the Platform. You may adjust notification preferences through the Application settings.

(d) We may update the Application from time to time. You agree to accept and install updates as they become available. Failure to update may result in reduced functionality or inability to access certain features.

(e) In the event that a mobile application is released in the future, separate terms and conditions will apply to the use of such mobile application.

14. DISCLAIMERS

THE PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. THE COMPANY DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES, MALWARE, OR OTHER HARMFUL COMPONENTS.

THE COMPANY DOES NOT GUARANTEE ANY SPECIFIC RESULTS FROM YOUR USE OF THE PLATFORM. YOUR PARTICIPATION IN COMPETITIONS IS AT YOUR OWN RISK. THE COMPANY MAKES NO REPRESENTATION OR WARRANTY REGARDING THE OUTCOME OF ANY COMPETITION OR THE CONDUCT OF OTHER USERS.

THE COMPANY DOES NOT UNDERTAKE TO REVIEW ALL GAMEPLAY FOR CHEATING AND CANNOT ENSURE THAT ALL INSTANCES OF CHEATING WILL BE DETECTED OR THAT ALL CONCLUSIONS REGARDING CHEATING WILL BE CORRECT. YOU UNDERSTAND AND ACCEPT THAT OTHER USERS MAY CHEAT, THAT WE MAY FAIL TO DETECT SUCH CHEATING, AND THAT WE MAY MAKE INCORRECT DETERMINATIONS REGARDING CHEATING, AND THAT THE COMPANY SHALL HAVE NO LIABILITY IN CONNECTION WITH ANY OF THE FOREGOING.

NO ADVICE OR INFORMATION, WHETHER ORAL OR WRITTEN, OBTAINED FROM THE COMPANY OR THROUGH THE PLATFORM SHALL CREATE ANY WARRANTY NOT EXPRESSLY STATED IN THESE TERMS.

15. LIMITATION OF LIABILITY

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE COMPANY, ITS DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AFFILIATES, OR LICENSORS BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, ARISING OUT OF OR RELATED TO: (A) YOUR ACCESS TO OR USE OF, OR INABILITY TO ACCESS OR USE, THE PLATFORM; (B) ANY CONDUCT OR CONTENT OF ANY USER OR THIRD PARTY ON THE PLATFORM, INCLUDING CHEATING BY OTHER USERS; (C) ANY CONTENT OBTAINED FROM THE PLATFORM; (D) UNAUTHORIZED ACCESS, USE, OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT; OR (E) ANY ERRORS, INACCURACIES, OR OMISSIONS IN ANY CONTENT OR INFORMATION ON THE PLATFORM.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE COMPANY'S TOTAL AGGREGATE LIABILITY TO YOU FOR ALL CLAIMS ARISING OUT OF OR RELATED TO THESE TERMS OR YOUR USE OF THE PLATFORM SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNTS YOU HAVE PAID TO THE COMPANY IN ENTRY FEES IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM; OR (B) ONE HUNDRED DOLLARS ($100.00).

SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OR LIMITATION OF CERTAIN DAMAGES, SO SOME OR ALL OF THE ABOVE LIMITATIONS MAY NOT APPLY TO YOU. IN SUCH JURISDICTIONS, THE COMPANY'S LIABILITY SHALL BE LIMITED TO THE MAXIMUM EXTENT PERMITTED BY LAW.

16. INDEMNIFICATION

You agree to indemnify, defend, and hold harmless the Company and its directors, officers, employees, agents, affiliates, successors, and licensors from and against any and all claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees) arising out of or related to: (a) your use of the Platform; (b) your violation of these Terms or any Platform Agreement; (c) your violation of any applicable law or regulation; (d) your User Content; (e) your violation of any third-party rights; or (f) any dispute between you and any third party.

17. DISPUTE RESOLUTION

17.1 Governing Law

These Terms and any dispute arising out of or related to these Terms or your use of the Platform shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law principles.

17.2 Informal Resolution, Support, Complaints, and Claims

Before initiating any formal dispute resolution proceeding, you agree to first contact us at [email protected] and attempt to resolve the dispute informally for at least thirty (30) days. Most disputes can be resolved without formal proceedings.

If you have a complaint or claim, please contact our Support team. You must include: (i) a detailed explanation of your complaint or claim (as applicable); (ii) your username and your full name associated with your User Account; (iii) the email associated with your User Account at the time you send the complaint or claim (as applicable); and (iv) all relevant information and supporting materials relating to your complaint or claim (as applicable), including any relevant dates, times, and screenshots. In addition, you hereby agree to provide us with any additional information and supporting materials that we may request with respect to your claim or complaint (as applicable). Customer Support will review your claim or complaint (as applicable) and will seek to provide you with its decision within thirty (30) days of your submission. Failure to provide to us any of the information, details, and supporting materials referred to in this Section in a timely manner may result in a delay in our ability to identify, review, and respond to your complaint or claim.

17.3 Binding Arbitration

If informal resolution is unsuccessful, any dispute, controversy, or claim arising out of or relating to these Terms, the Platform, or the breach, termination, or validity thereof shall be finally settled by binding arbitration administered by the American Arbitration Association ("AAA") in accordance with its Consumer Arbitration Rules then in effect. The arbitration shall be conducted in New York, New York, before a single arbitrator. The arbitrator's award shall be final and binding and may be entered as a judgment in any court of competent jurisdiction.

The arbitrator shall have the exclusive authority to resolve any dispute relating to the interpretation, applicability, enforceability, or formation of these Terms, including whether a claim is subject to arbitration. The arbitrator may grant any relief that would be available in a court of law.

By agreeing to these Terms, and to the extent permitted by applicable law, you and the Company agree that any and all past, present, and future disputes, claims, or causes of action between you and the Company arising out of or relating to these Terms, the Platform Agreements, the Platform, its content, or any other dispute between you and the Company, whether arising prior to or after your agreement to this Section, will be resolved by binding arbitration as set forth herein.

The Company shall pay all arbitration costs and fees, including the arbitrator's fees, except for the initial filing fee required of the consumer under the AAA Consumer Arbitration Rules.

17.4 Class Action Waiver

YOU AND THE COMPANY AGREE THAT EACH PARTY MAY BRING CLAIMS AGAINST THE OTHER ONLY IN YOUR OR ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS, CONSOLIDATED, OR REPRESENTATIVE PROCEEDING.

Unless both you and the Company agree otherwise in writing, the arbitrator may not consolidate or join more than one person's claims and may not preside over any form of consolidated, representative, or class proceeding.

17.5 Jury Trial Waiver

TO THE EXTENT PERMITTED BY LAW, YOU AND THE COMPANY EACH WAIVE THE RIGHT TO A TRIAL BY JURY IN ANY ACTION OR PROCEEDING ARISING OUT OF OR RELATED TO THESE TERMS OR THE PLATFORM.

17.6 Time Limitation

Any cause of action or claim arising out of or related to these Terms or the Platform must be commenced within one (1) year after the cause of action accrues. Otherwise, such cause of action or claim is permanently barred.

17.7 Exception for Small Claims

Notwithstanding the foregoing, either party may bring an individual action in small claims court for disputes within the court's jurisdictional limits.

17.8 Confidentiality

Except as may be required by law, neither party may disclose the negotiation, existence, content, or results of any arbitration hereunder without the prior written consent of both parties.

18. TERMINATION

The Company may suspend or terminate your account and access to the Platform at any time, with or without cause and with or without notice, including for violation of these Terms or any Platform Agreement or Policy. Upon termination, your right to use the Platform will immediately cease.

You may terminate your account at any time by contacting [email protected]. Upon termination, you may request withdrawal of any remaining eligible funds in your account, except as provided in Section 7 (forfeiture upon ban), subject to the withdrawal requirements, fees, and identity verification procedures described in Section 5.5.

The Company reserves the right to withhold funds in cases of suspected fraud, cheating, violation of these Terms, or pending investigation. Banned Users forfeit all funds in their accounts as described in Section 7.

Any provisions of these Terms that by their nature should survive termination shall survive, including but not limited to Sections 9, 10, 14, 15, 16, 17, and 19.

19. GENERAL PROVISIONS

19.1 Entire Agreement

These Terms, together with the Privacy Policy, Game Rules, Promotion Terms and Conditions, and any other Platform Agreements referenced herein, constitute the entire agreement between you and the Company regarding your use of the Platform and supersede all prior agreements and understandings.

19.2 Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court of competent jurisdiction, the remaining provisions shall continue in full force and effect. The invalid provision shall be modified to the minimum extent necessary to make it valid and enforceable while preserving the parties' intent.

19.3 Waiver

The failure of the Company to enforce any provision of these Terms shall not constitute a waiver of that provision or any other provision. No waiver shall be effective unless made in writing and signed by an authorized representative of the Company.

19.4 Assignment

You may not assign or transfer these Terms or any rights or obligations hereunder without the prior written consent of the Company. The Company may assign these Terms without restriction, including in connection with a merger, acquisition, or sale of assets.

19.5 Force Majeure

The Company shall not be liable for any failure or delay in the performance of its obligations under these Terms due to circumstances beyond its reasonable control, including acts of God, natural disasters, war, terrorism, riots, embargoes, acts of civil or military authorities, fire, floods, pandemics, epidemics, strikes, shortages, or failures of third-party services, telecommunications, or infrastructure.

19.6 Notices

Notices to Users may be provided through the Platform, by email to the address associated with your account, or by other reasonable means. Notices to the Company must be sent to: [email protected].

19.7 Headings

The section headings in these Terms are for convenience only and have no legal or contractual effect.

19.8 Relationship of the Parties

Nothing in these Terms shall be construed to create a partnership, joint venture, agency, or employment relationship between you and the Company.

20. CONTACT INFORMATION

If you have any questions about these Terms, please contact us at:

Skilltech Esports Ventures Ltd.
Email: [email protected]

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