Terms and Conditions
Effective Date: 20th September 2025
Last updated: 6th December 2025
These terms and conditions (the "Agreement" or “Terms”) is the agreement between the user (“User” or “you”) and AI Seer Pte. Ltd. (the “Company”, “we”, “us” or “our”) governing the use of the ArAIstotle application (the "Application"). By clicking "I Agree" or by accessing or using the Application, you acknowledge that you have read, understood, and agree to be bound by this Agreement and any and all Appendices attached to the Agreement. If you do not accept this Agreement, please immediately discontinue your use of and/or access to the Application.
The Company reserves the right to modify this Agreement at any time. If the modifications constitute a material change to the Agreement, the Company will take reasonable efforts to notify the relevant individuals and/or entities.
1. DEFINITIONS AND INTERPRETATION
In this Agreement, the following words and expressions shall have the following meanings:
1.1. “AML” means anti-money laundering;
1.2. “Applicable Laws” means any statutes, regulations, regulatory constraints, obligations or rules in Singapore or any other relevant jurisdiction which has jurisdiction over the User and/or the Company, interpreted in accordance with any guidance, code of conduct or similar document published by any regulatory authority;
1.3. “CFT” means combating the financing of terrorism;
1.4. “Feedback” means the suggestions and/or comments regarding the Application, including the user experience of the Application;
1.5. “Force Majeure Event” means any circumstances beyond the reasonable control of the affected party, including riot, civil unrest, war, act of terrorism, threat or perceived threat of act of terrorism, disaster, earthquake, extraordinary storm, lock-out or other industrial dispute, public internet failure, or changes in Applicable Law, to the extent that those circumstances materially affect the ability of the party relying on those circumstances to perform its obligations under this Agreement;
1.6. “Intellectual Property” or “IP” means any intellectual property (whether registered or unregistered), including trademarks, service marks, rights in trade names, business names, trading and company names, logos or get-up, patents, rights in inventions, registered and unregistered design rights, copyrights, database rights and all other similar proprietary rights in any part of the world (including know-how), including, where such rights are obtained or enhanced by registration, any registration of such rights and applications and rights to apply for such registrations or any extension to such registrations;
1.7. “Personal Data” means data, whether true or not, about an individual who can be identified from that data or from that data and other information to which the organisation has or is likely to have access;
1.8. “SIAC” refers to the Singapore International Arbitration Centre;
1.9. “SIAC Rules” refers to the Arbitration Rules of the Singapore International Arbitration Centre;
1.10 “SIMC” refers to the Singapore International Mediation Centre;
1.11 “UGC” means user-generated content, which is any content in any form or medium, whether now known or later invented, created, uploaded, posted, submitted, shared or otherwise made available by a User through the use of or in connection with the Application.
Throughout these Terms, reference to the singular includes a reference to the plural and vice versa. The terms “including” and “includes” shall be deemed to be followed by the words “without limitation” and/or “but not limited to”, such that any reference to “includes” or “including” in these Terms shall be construed as illustrative and not limiting the generality of the surrounding provisions and/or these Terms as a whole. The headings, titles and section numbers used in these Terms are for convenience of reference only and shall not affect the meaning, interpretation or construction of any provision of these Terms.
2. DESCRIPTION OF THE APPLICATION
2.1. The Company owns and operates the Application, which allows users to upload files and video weblinks or to input data directly into the Application. The Application utilizes artificial intelligence technology to fact-check information input by users, or to extract the relevant facts contained in the uploaded files or videos to determine, based on the artificial intelligence predictive models, whether the facts is or are true, false or unverifiable.
2.2. Due to the current state of artificial intelligence technology and the available datasets used for fact-checking, the Company does not guarantee the accuracy, completeness, or reliability of the fact-checking results. Users should always independently verify the results of the Application using other methodologies.
2.3. The Company reserves the right to add, modify or remove features without consent from the Users and/or notifying the Users.
3. TERMS OF USE
3.1. In using the Application, the User hereby represents and warrants the following:
3.1.1. The User is at least 18 years of age or is of legal age to form a binding contract under Applicable Laws in relation to the use and/or operation of the Application;
3.1.2. All information provided by the User is true, accurate and complete;
3.1.3 The User is responsible for complying with all Applicable Laws of the jurisdiction in which the User resides in and/or the jurisdiction from which the User is using the Application, including but not limited to the conduct as specified in section 3.2 below;
3.1.4. The User will, upon request of the Company, provide any additional information deemed necessary by the Company for the purpose of compliance with the Applicable Laws;
3.1.5. The User has carefully reviewed and understood this Agreement.
3.2. While using or accessing the Application, the User agrees not to engage in, or attempt to engage in, any of the following:
3.2.1. Any conduct that results in, or may reasonably result in a breach of this Agreement;
3.2.2. Any conduct that violates any Applicable Laws, including, without limitation:
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Any conduct that infringes any Intellectual Property, including but not limited to trademarks, copyrights, and patents;
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Any conduct that engages in, assists, or facilitates illegal financial Transactions and/or otherwise contravenes any Applicable Laws, regulations or guidelines issued by the relevant regulatory authority related to AML/CFT, fraud, corruption, or any other unlawful conduct;
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Any form of cyberattack or malicious activity against the Company, including but not limited to hacking, phishing, distributing malware, denial-of service attacks, and/or any other attempt to disrupt, damage or otherwise gain unauthorised access to the infrastructure of the Company, directly or indirectly;
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Any use of unauthorised third-party software to access, crawl, mine or otherwise collect information from the Company.
3.2.3. Any conduct that involves the input of non-publicly available personal information, confidential information, sensitive information or trade secrets in the Application; and
3.2.4. Any conduct that allows an authorised third party to access or use the Application, such as sharing login credentials with any third party or allow any third party to access your account.
3.3. The Company reserves the right to take the following actions against Users at the Company’s sole discretion:
3.3.1. Suspend and/or terminate any User’s access to the Application;
3.3.2. Impose any restrictions and/or limitations on the use of the Application on any User;
3.3.3. Pursue all available legal recourse, whether through arbitration, in a court of law or otherwise; and
3.3.4. Any other recourse as the Company deems fit.
3.4. The Company may terminate this Agreement at its own discretion. In such an event, the Company will make reasonable efforts to notify the Users. Termination of this Agreement shall be effective on and from the date specified in the notice to the User. For the avoidance of doubt, termination will not affect any rights or obligations accrued prior to the date of termination.
4. USER-GENERATED CONTENT AND INTELLECTUAL PROPERTY RIGHTS
4.1. Upon upload of any UGC including but not limited to posts, comments, videos, and images, the User hereby grants the Company a non-exclusive, royalty-free, worldwide, limited license to use, modify, delete from, add to, publicly perform, publicly display, reproduce and translate such UGC, including without limitation distributing part or all of such UGC in any media formats through any media channels.
4.2. For the avoidance of doubt, input of data or prompts to the Application does not convey to you any rights of ownership in the Application or the Application results.
4.3. All of the content belonging to the Company is protected by copyright, trademark, patent, and other Applicable Laws. Except as provided by these Terms, the User may not engage in conduct that breaches Intellectual Property rights, including the following:
4.3.1. Copy, modify, translate, publish, broadcast, transmit, distribute, perform, display, or sell any content without the prior written consent of the Company;
4.3.2. Reverse engineer, decompile, disassemble, or attempt to derive the source code of the Application;
4.3.3. Modify, adapt, translate, or create derivative works based upon the Application; and
4.3.4. Remove, alter, or obscure any copyright, trademark, or other proprietary notices contained in the Application;
4.4. The Company shall grant the User a non-exclusive, non-transferable, revocable license to use the Application solely for your personal or internal business purposes, subject to the terms and conditions of this Agreement.
4.5. Any Intellectual Property created in the course of the use of the Application shall be the exclusive property of the Company.
4.6. You shall notify us without undue delay in writing of any breach by you of this section 4 or if you reasonably believe that you may be a breach of this section 4.
5. DISCLAIMERS AGAINST WARRANTY, REPRESENTATION AND LIABILITY
5.1. To the fullest extent permitted by law, the Company disclaims all warranties, including but not limited to, implied warranties of merchantability, fitness for a particular purpose, and non-infringement. The Application does not and shall not be deemed to be providing any legal, financial or medical advice or opinion.
5.2. The Application is provided "as is" and "as available", without any warranties of any kind, express or implied.
5.3. You agree that you use and/or access the Application entirely at your own risk.
5.4. In the course of the use of the Application, there may be links to third-party websites or services that are now owned, operated or controlled by the Company. The Company is not responsible for the content, privacy policies or practices of such third-party websites or services.
5.5. Accordingly, you acknowledge and agree that accessing, and use of, any external third-party websites or services is at your own risk and is subject to terms agreed between you and the relevant third-party. Access to, or use of, any third-party technology affiliated with the Company may be subject to additional terms and conditions under which it is distributed as may be notified to you from time to time.
6. INDEMNIFICATION
6.1. You shall indemnify and hold the Company harmless against any losses suffered (including reputational damage) or incurred by the Company arising out of or in connection with:
6.1.1. your use of the Application; or
6.1.2. any third-party claim that any content generated by or provided by you or on behalf of you in connection with these Terms infringes any third-party Intellectual Property rights.
6.2. The Company shall give the User prompt notice of any claims under this section 6.
7. DATA PROTECTION AND PRIVACY POLICY
7.1. The Company will comply with all Applicable Laws relating to data protection and Personal Data received in connection with the use of the Application.
7.2. By using the Application or entering data into the Application, you consent to the collection, processing, and storage of your data in accordance with the Company’s Privacy Policy, accessible at https://www.facticity.ai/araistotle-privacy-policy and hereby deemed to be part of this Agreement.
7.3. Data entered into the Application will be used to train the underlying artificial intelligence model, and such data may be accessed or reviewed by the Company or its employees, representatives or agents for training or evaluation purposes.
8. GOVERNING LAW AND DISPUTE RESOLUTION
8.1. Any dispute arising out of or in connection with this Agreement, including any question regarding its existence, validity or termination, shall be referred to and finally resolved by arbitration administered by the SIAC in accordance with the SIAC Rules for the time being in force, which rules are deemed to be incorporated by reference in this clause.
8.2. The seat of the arbitration shall be Singapore. The tribunal shall consist of one (1) arbitrator. The language of the arbitration shall be English.
8.3. The parties further agree that following the commencement of arbitration, they will attempt in good faith to resolve the dispute through mediation at the SIMC, in accordance with the SIAC-SIMC Arb-Med-Arb Protocol for the time being in force. Any settlement reached in the course of the mediation shall be referred to the arbitral tribunal appointed by SIAC and may be made a consent award on agreed terms.
9. MISCELLANEOUS
9.1. Severability
If any term (or part of the term) of this Agreement is unlawful or unenforceable under any applicable law, it will, to the extent permitted by such law, be severed from this Agreement and rendered ineffective where possible without modifying the other terms of this Agreement which shall remain valid and enforceable.
9.2. Entire Agreement
This Agreement constitutes the entire agreement between you and the Company concerning the subject matter and supersedes all prior or contemporaneous agreements, understandings, negotiations, or discussions, whether oral or written.
9.3. Subject to Change
This Agreement may be amended by us at any time by posting a revised version on the Company Website. You should check the terms regularly. The revised version shall be effective on and from the date we specify. Should you not agree with the revised version, you should discontinue your use and/or access of the Application
9.4. No Waiver
The failure of the Company to exercise or enforce any right or provision of the Agreement shall not constitute a waiver of such right or provision. If any provision of the Agreement is found by a court of competent jurisdiction to be invalid, the parties nevertheless agree that the court should endeavour to give effect to the parties. intentions as reflected in the provision, and the other provisions of the Agreement remain in full force and effect.
9.5. Communications
All communications (including but not limited to notices) from the Company to you may be made available on the Company website. The Company will not be responsible for your failure to receive such communications if such failure is due to (without limitation): (a) errors, faults or defects in your electronic device or telecommunication service provider; or (b) your failure to regularly check the Company website. We may from time to time designate other acceptable modes of communications and the time by which such notice shall be deemed given.
9.6. Limitation Period
Any claim of any nature by the User against the Company must be commenced within 12 months after the date on which the cause of action arises, following which the User shall have no further claim whatsoever against the Company. This limitation shall not apply to claims arising from fraud, wilful misconduct, or any liability that cannot be excluded or restricted under Applicable Law.
9.7. Force Majeure
9.7.1. Neither party shall be liable for any failure or delay in performing any of its obligations under this Agreement (except for Payment of fees) for so long as, and to the extent that, its performance is prevented, hindered or delayed by a Force Majeure Event.
9.7.2. The affected party shall promptly notify the other party in writing of the start of the Force Majeure Event (and in any case, no later than ten (10) days of becoming aware of the Force Majeure Event) and shall use all reasonable endeavours to limit the effect of the Force Majeure Event on the performance of its obligations.
9.8. Contracts (Rights of Third Parties) Act
A person who is not a party to this Agreement has no right under the Contracts (Rights of Third Parties) Act 2001 to enforce anything in this Agreement (except as expressly described in this Agreement).
9.9. Relationship of Parties
Nothing in these Terms shall constitute or be considered to constitute an agency, partnership or joint venture between the Company and you and neither party shall have any authority to bind the other in any way.
9.10. Feedback and Complaints
You may provide Feedback directly to the Company by entering Feedback directly into the Application result section; or clicking the relevant icon(s) to either agree or disagree with the results of the Application. By providing any Feedback, you agree that the Company may utilize Feedback to improve the Application and its underlying models, and you grant the Company a perpetual, irrevocable, worldwide, royalty-free license to use, reproduce, distribute, and otherwise exploit the Feedback for any purpose without further reference to you.
9.11. Communication
All information and communication we share will be provided in English. However, there may be instances where information we provide may be also translated into other languages for convenience purposes. In the event of any discrepancies between information provided in English and any other language, the English version shall prevail.
APPENDIX 1: AML/CFT Policy
1. DEFINITIONS AND INTERPRETATION
In this Appendix 1, the following words and expressions shall have the following meanings:
1.1. “Board” refers to the Board of Directors of the Company;
1.2. “Compliance Officer” refers to the suitably qualified AML/CFT/CPF officer appointed by the Chief Executive Officer of the Company;
1.3. “CPF” means counter proliferation financing;
1.4. “Policy” means this AML/CFT Policy; and
1.5. “Senior Management” refers to individuals within the Company who hold an executive and/or managerial position of authority such that they are responsible for formulating or approving policy and/or are part of the core leadership team capable of committing the Company to material obligations individually or jointly.
Throughout this Appendix 1, reference to the singular includes a reference to the plural and vice versa. The terms “including” and “includes” shall be deemed to be followed by the words “without limitation” and/or “but not limited to”, such that any reference to “includes” or “including” in thesis Appendix 1 shall be construed as illustrative and not limiting the generality of the surrounding provisions and/or this Appendix 1 as a whole. The headings, titles and section numbers used in these Terms are for convenience of reference only and shall not affect the meaning, interpretation or construction of any provision of this Appendix 1.
Terms not otherwise defined in this Appendix 1 shall have the same meaning as is found in the Agreement.
2. Board and Compliance Officer
2.1. The Company continuously seeks to strengthen its internal operations and procedural controls in order to act in the best interests of Users. The Board and Senior Management must practise high standards of compliance themselves, and within their business lines.
2.2. Ultimate responsibility for compliance with applicable laws and regulations rests with the Board.
2.3. The Board shall appoint a Compliance Officer and ensure that the Compliance Officer has adequate resources and timely access to all User records and other relevant information which they require to discharge their functions.
3. Employees
3.1. The Company shall take all appropriate steps to ensure that its employees and Officers (whether in Singapore or elsewhere) are regularly and appropriately trained on:
a) AML/CFT/CPF regulations, and in particular, due diligence measures as well as detecting and reporting of suspicious transactions;
b) prevailing techniques, methods and trends relating to AML/CFT/CPF; and
c) the Company’s internal policies, procedures and controls on AML/CFT/CPF and the roles and responsibilities of employees and Officers in relation to AML/CFT/CPF.
3.2. While the Company will provide every employee with adequate and appropriate training at least annually on identifying and handling the specific ML/TF/PF risks that the Company faces, it is the responsibility of each employee to comply with all policies and procedures set out in this Policy and to ensure that the services provided on behalf of the Company are honest, efficient, and fair.
4. Policy Owner
4.1. The Compliance Officer is responsible for updating this Policy. The Policy will be updated at least annually and as and when needed to reflect changes in the operations of the Company, or the regulatory environment in which the Company operates.
4.2. If you have any questions regarding this Policy, please contact enquiries@aiseer.co.
4.3. We may be required by anti-money laundering or other forms of regulations, and as part of our internal policies, to make background checks or verification checks on the source of any funds placed on deposit by our customers. In the event that our background or verification checks do not provide us with sufficient information about you, we may request further information from you from time to time and you agree to promptly provide such information when requested to do so. We reserve the right to suspend or terminate your access to and use of the Platform or any Services should we be unable to satisfy ourselves that in respect of any background or verification checks.
5. Restricted Jurisdictions
The Application may not be available in certain jurisdictions where the provision of such services would be unlawful or where regulatory approvals are required. The Company reserves the right to restrict, suspend, or terminate access to the Application in such jurisdictions at its sole discretion.
APPENDIX 2: Staking Services Terms and Conditions
1. DEFINITIONS AND INTERPRETATION
In this Appendix 2, the following words and expressions shall have the following meanings:
1.1. “Base Network” means the blockchain network known as Base, an Ethereum Layer-2 scaling network developed by Coinbase Technologies Inc. designed to support the execution of smart contracts;
1.2. “Digital Tokens” refers to any digital representation of value that:
a) is expressed as a unit;
b) is not denominated in any currency, and is not pegged by its issuer to any currency;
c) can be transferred, stored, or traded electronically; and
d) as supported by the Company from time to time for use in connection with the Staking Services.
1.3. “Early Unstaking” means the unstaking of Staked Digital Tokens within the Selected Time Period;
1.4. “Reward Digital Tokens” refers to the Digital Tokens claimable by the User as rewards for the User’s participation in the Staking Services;
1.5. “Selected Time Period” refers to the minimum time period during which Staked Digital Tokens must remain staked before Reward Digital Tokens may be claimable by the User as determined by the Staking Protocol;
1.6. “Staked Digital Tokens” refers to the Digital Tokens that a User locks or commits through the Staking Services;
1.7. “Smart Contract” refers to the smart contract designed by the Company and deployed on the Base Network to implement the Staking Services;
1.8. “Staking Platform” means the smart-contract system comprising the Smart Contract as deployed on the Base Network through which the Staking Services are executed;
1.9. “Staking Protocol” refers to the smart-contract logic, technical rules, and governance parameters embedded within the Smart Contract which govern the operation of the Staking Services; and
1.10. “Staking Services” refers to the optional services made available by the Company through the Application under which eligible Users may commit Digital Tokens through the Staking Platform, and as a result of the operation of the Staking Protocol, may become entitled to claim Reward Digital Tokens which accrue solely in accordance with protocol-level rules. For the avoidance of doubt, the Staking Services do not involve the Company providing, promising or paying any form of interest, yield or return to the Use.
Throughout this Appendix 2, reference to the singular includes a reference to the plural and vice versa. The terms “including” and “includes” shall be deemed to be followed by the words “without limitation” and/or “but not limited to”, such that any reference to “includes” or “including” in this Appendix 2 shall be construed as illustrative and not limiting the generality of the surrounding provisions and/or this Appendix 2 as a whole. The headings, titles and section numbers used in this Appendix 2 are for convenience of reference only and shall not affect the meaning, interpretation or construction of any provision of this Appendix 2.
Terms not otherwise defined in this Appendix 2 shall have the same meaning as is found in the Agreement.
2. General
2.1. The Application may allow eligible Users to access staking functionalities supported by the relevant underlying protocol. Users may commit their Digital Tokens solely for purposes determined by that protocol, and any Reward Digital Tokens that may accrue do so exclusively as a result of protocol-driven mechanisms. The Company does not generate, pay, distribute, or otherwise provide any form of return, yield, interest, or reward to Users. Any Reward Digital Tokens reflected to a User’s account represent outputs originating from the underlying protocol and not from the Company’s assets, operations, or discretion. The Company does not guarantee the availability, amount, or timing of any such protocol-generated rewards.
2.2. The Staking Services made available by the Company through the Application are entirely optional. Users are not required to participate and may discontinue their participation at any time by unstaking their Staked Digital Tokens, subject to any applicable conditions under the Staking Protocol.
3. Eligibility
3.1. To be eligible for the Staking Services, and for Reward Digital Tokens to become claimable under the Staking Protocol, the User is required to:
a) connect the User’s Digital Token wallet to the Staking Platform; and
b) approve the Smart Contract.
3.2. The User’s eligibility may also be subject to jurisdictional limitations and other restrictions determined by the Company in its sole discretion from time to time.
4. Disclosure of Risk
4.1. Participation in the Company’s Staking Services is inherently risky and may result in a complete and total loss of the Staked Digital Tokens. The User must not use the Staking Services unless the User has carefully assessed and accepted the risks associated with the Staking Services and the general risks in dealing with Digital Tokens and has determined that the Staking Services are suitable for the User’s specific circumstances and risk profile.
4.2. By electing to participate in the Staking Services, the User acknowledges and agrees that:
a) the User possesses the requisite knowledge and/or experience in relation to Digital Tokens to understand the nature of the Staking Services and the risks associated therewith;
b) Digital Tokens and the market of Digital Tokens is a progressing field and faces many challenges not limited to high volatility, lack of liquidity, speculation, technology and security risks;
c) the Staked Digital Tokens and any Reward Digital Tokens are not deposits, savings, investment products or similar products and are not subject to any regulatory or consumer protection scheme or arrangement for protection against losses, including any deposit insurance scheme;
d) the Smart Contract and Staking Protocol underlying the Company’s provision of Staking Services may be susceptible to defects, vulnerabilities, or other operational risks that may adversely affect the operation of the Staking Services or result in the partial or total loss of Staked Digital Tokens;
e) the Company may be impacted by regulatory changes, whether known or unforeseen, and any inquiry, directive, or action taken by a regulator may impair, restrict, or prevent the provision of the Staking Services and may result in a total financial loss to the User;
f) some third-party blockchain (or similar) network protocols may subject Staked Digital Tokens to “slashing” in the event the transaction validator associated with those Staked Digital Tokens incorrectly validates or fails to validate a transaction. “Slashing” may refer to the reduction or confiscation of a validator’s assets because of such improper actions. Slashing may result in a partial or total loss of the User’s Staked Digital Tokens and/or any corresponding Reward Digital Tokens
g) the provision of Staking Services by the Company should not be construed as an express or implied endorsement of the Staking Services by the Monetary Authority of Singapore; and
h) the Company does not act as the User’s trustee, custodian, or investment adviser and no fiduciary relationship shall exist between the User and the Company, and the Company has no trust or other obligations in respect of the Users’ Staked Digital Tokens other than those expressly specified under this Agreement.
i) no amount of Staked Digital Tokens or Reward Digital Tokens is guaranteed by the Company or any other person, and nothing in this Appendix 2 or the Agreement shall be construed as the Company undertaking to pay any interest, yield, return, profit or other amount in respect of the User’s Staked Digital Tokens.
5. Staking and Unstaking
5.1. The User may select the type and amount of Digital Tokens from the User’s respective Digital Token wallet that the User wishes to commit to the Staking Services, subject to any limits or conditions imposed under this Agreement, or as may be determined at the sole discretion of the Company. Staked Digital Tokens shall not be used for any other purpose or be withdrawn by the User while such Staked Digital Tokens remain staked or until the unstaking process has been completed.
5.2. Users participating in the Staking Services may elect to stake Digital Tokens across multiple, independent staking periods, each of which may differ in duration, type or amount of Staked Digital Tokens. Staking periods do not automatically migrate, renew, or consolidate, and the User acknowledges and agrees that the User is responsible for monitoring and managing each staking period individually. Users may not stake Digital Tokens where the staking period has already ended, and the staking period may not be modified once the Digital Tokens have been staked.
5.3. The User may request to unstake some or all of the Staked Digital Tokens at any time, subject to the terms of this Agreement and any limits imposed by the Company. Without limiting the generality of the foregoing:
a) there is no guarantee that the User will be able to unstake any Staked Digital Tokens, including where the Company elects to pause, suspend, or otherwise disable the Staking Services in the event of an emergency or for any reason deemed necessary by the Company;
b) partial unstaking of Staked Digital Tokens is not permitted; and
c) for the duration of the unstaking process, the Staked Digital Tokens subject to unstaking shall not be available for trading, transfer, withdrawal, or any other use until the unstaking process has been fully completed.
5.4. Early Unstaking occurs when the User unstakes Staked Digital Tokens within the Selected Time Period applicable to the relevant Staked Digital Token. The Selected Time Period is determined by the parameters of the Staking Protocol as selected by the User.. The User acknowledges and agrees that the Early Unstaking of Staked Digital Tokens shall render the User ineligible to earn or receive any Reward Digital Tokens associated with the relevant Staked Digital Tokens.
6. Custody of Staked Digital Tokens
6.1. The Staking Protocol operates on a non-custodial basis such that the User retains absolute and exclusive control over the User’s Staked Digital Tokens at all times. The Company cannot prevent the User from unstaking the Staked Digital Tokens, nor can the Company take custody of, transfer, or otherwise exercise any control over the User’s Staked Digital Tokens.
6.2. For the avoidance of doubt, even if the Staking Services are paused, suspended, or otherwise disabled, the User will still be able to withdraw the User’s Staked Digital Tokens, subject to the applicable unstaking process.
7. Reward Digital Tokens
7.1. The Company facilitates the User’s participation in the Staking Services by providing the Staking Platform through which the User interacts with the Smart Contract. Where the Staking Protocol records that the User has participated in a successful validation process or other protocol-defined event in respect of the applicable Digital Token network, the User may, subject to the Staking Protocol, become entitled to claim Reward Digital Tokens granted by that network. Any such Reward Digital Tokens are determined and allocated exclusively in accordance with the Staking Protocol and not by reference to any assets, operations or discretion of the Company.
7.2. The Staking Protocol determines the conditions under which Reward Digital Tokens may accrue, which may include parameters such as the size of any protocol-defined reward pool, the total amount of Staked Digital Tokens participating in the relevant protocol and the duration for which Digital Tokens remain staked. These parameters are protocol-driven and may change from time to time as a result of updates, governance decisions or other factors affecting the applicable network. The Company does not set, calculate, guarantee or commit to any rate, return, yield or other reward outcome.
7.3. The annual percentage yield applied under the Staking Protocol is designed to adjust dynamically in response to real-time conditions. As a result, the amount and type of any Reward Digital Tokens may fluctuate to reflect market conditions or to mitigate volatility in the value of the relevant Reward Digital Tokens. Accordingly, the User acknowledges and agrees that:
a) the Company may, in its sole discretion and from time to time, withdraw any Reward Digital Token from a reward period, or vary the type of Reward Digital Tokens distributed to reflect the dynamic annual percentage yield applied by the Staking Protocol;
b) the Company’s exercise of such discretion may affect the amount or type of Reward Digital Tokens the User may receive; and
c) the Company does not guarantee the availability, continuity, or issuance of any particular Reward Digital Tokens.
7.4. The Staking Protocol is designed such that Reward Digital Tokens do not automatically compound. The User further acknowledges and agrees that the claiming of any Reward Digital Tokens earned must be claimed manually and shall be the sole responsibility of the User.
APPENDIX 3: Subscription Feature Terms and Conditions
1. DEFINITIONS AND INTERPRETATION
In this Appendix 3, the following words and expressions shall have the following meanings:
1.1 “Business Day” means any day other than a Saturday, Sunday, national public holidays as designated by the government of Singapore or any day on which banking institutions in Singapore are authorised or obligated by law to close.
1.2. “DPT” shall mean Digital Payment Token as defined in the Payment Services Act 2019.
1.3. “Scheduled Downtime” means any period scheduled to perform system maintenance, backup and upgrade functions or otherwise for the purpose of provision of the Services such that access to the Subscription may be temporarily unavailable to the User;
1.4. “Services” means the Subscription and/or any other products and services that may be offered from time to time by the company.
1.5. “Subscription” means the optional, paid tier of the Application offered by the Company.
1.6. “Subscription Fee” means the fee payable by the User to the Company for the provision of the Subscription, exclusive of taxes and disbursements.
1.7. “Unscheduled Downtime” means any period that the Application and/or the Subscription are not accessible to the User, excluding Scheduled Downtime;
Throughout this Appendix 3, reference to the singular includes a reference to the plural and vice versa. The terms “including” and “includes” shall be deemed to be followed by the words “without limitation” and/or “but not limited to”, such that any reference to “includes” or “including” in this Appendix 3 shall be construed as illustrative and not limiting the generality of the surrounding provisions and/or this Appendix 3 as a whole. The headings, titles and section numbers used in these Terms are for convenience of reference only and shall not affect the meaning, interpretation or construction of any provision of this Appendix 3.
Terms not otherwise defined in this Appendix 3 shall have the same meaning as is found in the Agreement.
For the purposes of this Appendix 3, the Agreement applicable to any “Application” shall apply equally, mutatis mutandis, as if all references to “Application” were references to “Subscription”, and all corresponding rights and obligations shall be construed accordingly.
2. General
2.1. By purchasing, activating, or using the Subscription, the User agrees to be bound by this Appendix 3.
2.2. The Company hereby warrants that the Company shall be responsible for maintaining the infrastructure required to provide access to the Subscription. The Company will take reasonable steps to ensure that access to the Subscription will be available at least 99.9% of the time during each calendar month, excluding Scheduled Downtime.
2.3. Where there is Unscheduled Downtime, the Company shall make reasonable efforts to respond within one (1) Business Day and restore access to the Subscription within eight (8) hours.
2.4. The Company may conduct regular maintenance to ensure the proper functioning and performance of the Subscription. The Company may also perform emergency maintenance without prior notice if required to address critical issues such as security vulnerabilities and/or system failures. The Company will make reasonable efforts to notify the User should such emergency maintenance be required to be performed.
2.5. The Company may regularly release updates to improve the functionality and performance of the Subscription. These updates will be applied automatically, and the User’s continued use of the Subscription constitutes their acceptance of such updates as part of their access to the Subscription.
3. Subscription Payment Terms
3.1. The Subscription Fee for the Subscription is US Dollars (“USD”) 7.99 per billing cycle. For the avoidance of doubt, the Subscription Fee is denominated in USD solely for convenience. Payment shall be made exclusively by way of DPT.
3.2. The amount of DPT required for each payment will be calculated at at the time the payment is initiated or processed, based on the prevailing USD/DPT exchange rate. The Company retains the discretion to use any price aggregator, oracle, or DPT exchange API to determine the USD/DPT rate.
3.3. The User shall be responsible for all network fees, where applicable, in connection with the transfer of DPT. The User hereby understands and accepts that it is the User’s responsibility to ensure that there is DPT sufficient to cover the Subscription Fee as well as any other applicable fees such as network fees.
3.4. Auto-renewal
By purchasing a Subscription, the User hereby grants the Company authorisation to automatically charge the relevant Subscription Fee at the start of each subsequent billing period. The User further understands and agrees that the User will take all necessary steps to ensure that the Company’s DPT instrument (typically a smart contract) is granted the necessary authorisation to generate and execute the transaction for the aforementioned purposes.
3.5. Failed transactions
Generally, this transaction will occur around 24 hours prior to the expiration of the current billing period. Where the transaction fails due to insufficient DPT balance, network issues or lack of authorisation, the Company will attempt to execute the transaction again for a period of three (3) days.
3.6. The User hereby understands and accepts that all transactions are final. Any transactions executed in relation to the Subscription is non-refundable and the User shall not be entitled to any refunds, partial or otherwise.
4. Termination
4.1. Users may terminate their Subscription by contacting the Company via email at enquiries@aiseer.co. To avoid being charged for the next billing cycle, the User must notify the Company at least 5 Business Days prior to the end of the User’s current billing cycle.
4.2. Users will be required to settle all outstanding payments before termination of their Subscription is effected. The Company will confirm the termination of the User’s Subscription by way of email within 30 Business Days.
4.3. The Company reserves the right to take the following actions against Users at the Company’s sole discretion:
a) Suspend and/or terminate any User’s access to the Subscription;
b) Impose any restrictions and/or limitations on the use of the Application on any User;
c) Pursue all available legal recourse, whether through arbitration, in a court of law or otherwise; and
d) Any other recourse as the Company deems fit.
4.4. The Company may terminate this Subscription at its own discretion. In such an event, the Company will make reasonable efforts to notify the Users. Termination of this Subscription shall be effective on and from the date specified in the notice to the User. For the avoidance of doubt, termination will not affect any rights or obligations accrued prior to the date of termination.
5. Disclaimers
5.1. The User acknowledges that DPTs may be subject to extreme price volatility, such as sudden and significant increases or decreases in value. Such volatility may be caused by market conditions, regulatory developments, technological changes and/or other factors outside of the Company’s control.
5.2. The Company does not represent or warrant that any DPT will maintain any particular value, as such DPTs are subject to market fluctuations. Any price information and/or exchange rates provided by the Company are for informational purposes only and shall not constitute a representation or binding obligation on the part of the Company.
5.3. The User understands that any transaction involving DPTs may result in partial or total loss of value, and that the Company shall not be liable for any losses, damages or claims, direct or indirect arising from price changes, market volatility or the performance of any DPT. The User assumes full responsibility of all such risks in line with section 6 of the Agreement.