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Terms and Conditions

Last updated: November 26, 2025

PLEASE READ THESE TERMS CAREFULLY BEFORE USING POLYSCAN.

1. Acceptance of Terms

By downloading, installing, or using POLYSCAN ("the Software"), you agree to be bound by these Terms and Conditions ("Terms"). If you do not agree, do not use the Software.

These Terms constitute a legally binding agreement between you ("User," "you," "your") and the POLYSCAN project ("we," "us," "our").

2. Software License

2.1 Grant of License

POLYSCAN is licensed under the MIT License. You are granted a free, non-exclusive, worldwide license to:

  • Use the Software for any purpose
  • Copy and distribute the Software
  • Modify and create derivative works
  • Use commercially or personally

2.2 MIT License Terms

Permission is hereby granted, free of charge, to any person obtaining a copy of this software and associated documentation files, to deal in the Software without restriction, including without limitation the rights to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software, subject to the following conditions: The above copyright notice and this permission notice shall be included in all copies or substantial portions of the Software.

3. No Warranty - Important

THE SOFTWARE IS PROVIDED "AS IS", WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE AND NONINFRINGEMENT.

We make NO guarantees that:

  • The Software will be error-free or uninterrupted
  • The Software will meet your requirements
  • Results will be accurate or reliable
  • Defects will be corrected
  • The Software is free of viruses or harmful components

YOU USE POLYSCAN ENTIRELY AT YOUR OWN RISK.

4. Financial Risk Disclaimer - Read Carefully

4.1 Trading Risks

PREDICTION MARKET TRADING INVOLVES SUBSTANTIAL RISK OF LOSS.

  • You can lose some or ALL of your invested capital
  • Past performance does not guarantee future results
  • Markets are volatile and unpredictable
  • Prices can move against you rapidly

4.2 Not Financial Advice

POLYSCAN does NOT provide:

  • Investment advice
  • Financial advice
  • Trading recommendations
  • Tax advice
  • Legal advice

Any signals, alerts, or information displayed are for informational purposes only. They are NOT recommendations to buy or sell.

4.3 Automated Trading Risks

If you use automated trading features:

  • Algorithms can malfunction
  • Errors can result in significant losses
  • Market conditions can change faster than automation
  • You are solely responsible for monitoring your strategies
  • Set appropriate risk limits and stop-losses

4.4 Your Responsibility

YOU ARE SOLELY RESPONSIBLE FOR:

  • All trading decisions you make
  • Understanding the risks involved
  • Any profits or losses incurred
  • Compliance with applicable laws
  • Proper risk management

4.5 Only Risk What You Can Afford to Lose

Never trade with money you cannot afford to lose. Prediction markets are speculative. Only use discretionary funds.

5. Limitation of Liability

5.1 No Liability

IN NO EVENT SHALL POLYSCAN, ITS DEVELOPERS, CONTRIBUTORS, OR AFFILIATES BE LIABLE FOR ANY:

  • Direct, indirect, incidental, or consequential damages
  • Lost profits or revenue
  • Trading losses
  • Data loss
  • Business interruption
  • Any other damages arising from use of the Software

This applies even if we were advised of the possibility of such damages.

5.2 Maximum Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, OUR TOTAL LIABILITY SHALL NOT EXCEED ONE HUNDRED US DOLLARS ($100 USD).

6. User Responsibilities

6.1 Legal Compliance

You agree to:

  • Comply with all applicable laws and regulations
  • Ensure prediction market trading is legal in your jurisdiction
  • Report and pay any applicable taxes
  • Not use the Software for illegal purposes

6.2 Age Requirement

You must be:

  • At least 18 years old, AND
  • The legal age for trading in your jurisdiction

6.3 Security

You are responsible for:

  • Securing your private keys and passwords
  • Protecting your device from unauthorized access
  • Backing up your configuration and data
  • Keeping your software updated

7. Prohibited Uses

You agree NOT to use POLYSCAN for:

  • Market manipulation or wash trading
  • Fraud or deceptive practices
  • Money laundering or terrorist financing
  • Circumventing legal restrictions
  • Any illegal activity
  • Harming other users or markets
  • Exploiting vulnerabilities maliciously

Violation may result in termination of your license.

8. Third-Party Services

8.1 Polymarket

POLYSCAN interacts with Polymarket. You must:

  • Accept Polymarket's Terms of Service
  • Comply with their rules and restrictions
  • Understand they may restrict or ban users

8.2 Blockchain Networks

Transactions occur on Polygon network. You acknowledge:

  • Transactions are irreversible
  • You are responsible for gas fees
  • Network congestion may cause delays
  • Smart contract risks exist

We do not endorse any third-party services. Use them at your own risk.

9. Intellectual Property

  • POLYSCAN is open-source under MIT License. The name "POLYSCAN" and associated branding are proprietary.
  • Market data, prices, and information from third parties belong to their respective owners.
  • Any trading strategies or configurations you create remain yours.

10. Indemnification

You agree to indemnify, defend, and hold harmless POLYSCAN and its developers, contributors, and affiliates from any claims, damages, losses, or expenses (including legal fees) arising from:

  • Your use of the Software
  • Your trading activities
  • Your violation of these Terms
  • Your violation of any laws
  • Your violation of third-party rights

11. Termination

  • Your Right: You may stop using POLYSCAN at any time by uninstalling it.
  • Our Right: We may terminate your license if you violate these Terms.
  • Effect: Upon termination, your license ends, you should delete all copies, and sections on liability and indemnification survive.

12. Modifications

  • We may modify, update, or discontinue POLYSCAN at any time without notice.
  • We may modify these Terms. Changes are effective when posted. Continued use constitutes acceptance.

13. Dispute Resolution

  • Before legal action, you agree to contact us and attempt informal resolution for 30 days.
  • You waive any right to participate in class action lawsuits against us.

14. Contact Information

For questions about these Terms:

Acknowledgment

BY USING POLYSCAN, YOU ACKNOWLEDGE THAT:

  1. You have read and understood these Terms and the Privacy Policy
  2. You understand the substantial risks of prediction market trading
  3. You are solely responsible for your trading decisions
  4. You may lose some or all of your invested capital
  5. POLYSCAN provides no warranty and limited liability
  6. You meet the age requirements
  7. Trading is legal in your jurisdiction

© 2025 POLYSCAN. Open Source Software. MIT License.