Legal
These Token Terms of Use and the accompanying Risk Disclaimer (together, these “Terms”) govern the acquisition, holding, and use of the VLTG (“Voltage”) digital utility token issued in connection with the EUC Dojo ecosystem operated by EUC Dojo LLC (the “Company,” “we,” “us,” or “our”). By acquiring, holding, or using VLTG, or by accessing any Company property where VLTG is used, you (“you” or the “Holder”) acknowledge that you have read, understood, and agreed to these Terms. If you do not agree, do not acquire, hold, or use VLTG.
These Terms consolidate and supersede the Company’s prior VLTG Token Risk Disclosure and VLTG Terms of Service sections. VLTG is a utility token. It is not offered as, and is not, an investment.
1. Nature of VLTG
VLTG is a digital utility token deployed on the Base blockchain as an ERC-20 token. VLTG is designed and intended to function as a means of accessing features, benefits, and experiences within the EUC Dojo ecosystem, and as a form of payment accepted by the Company for its own eligible goods and services. VLTG is not intended to constitute a security, investment contract, share, bond, note, derivative, or other financial instrument under the laws of any jurisdiction.
VLTG does not represent and does not confer: any equity, ownership, or shareholding interest in the Company; any right to dividends, interest, revenue, or a share of Company profits; any voting or governance right over the Company; or any debt, claim, or other financial entitlement against the Company. Holders should not expect to profit from holding VLTG, and no such profit is promised, implied, or guaranteed.
The Company makes no representation that VLTG qualifies as a non security under the laws of any jurisdiction. You are solely responsible for determining the legal status and treatment of VLTG in your own jurisdiction before acquiring, holding, or using it.
2. Definitions
3. Eligibility
To acquire, hold, or use VLTG in connection with the Ecosystem, you represent and warrant that you: are at least 18 years old and have full legal capacity to agree to these Terms; are not located in, organized under the laws of, or a resident of any jurisdiction subject to comprehensive sanctions, and are not a person with whom dealings are prohibited under applicable sanctions laws (including any list maintained by the U.S. Office of Foreign Assets Control); and will comply with all laws applicable to you in connection with VLTG. The Company may condition, suspend, or deny access to Utility where eligibility cannot be reasonably established.
4. Utility and Permitted Uses
Subject to these Terms, VLTG may be used within the Ecosystem, which may include, as offered by the Company from time to time:
Where the Company accepts VLTG as payment, it does so for its own goods and services within the Ecosystem; VLTG is not issued or promoted as a general purpose currency or medium of exchange. The rate at which the Company accepts VLTG is set by the Company and may change at any time.
Utility is provided on a discretionary basis. The Company may add, modify, limit, suspend, or discontinue any Utility at any time, for any reason, without liability. The availability of any particular Utility is not a promise of value and should not be relied upon as a basis for acquiring VLTG for profit.
5. Acquisition of VLTG
VLTG may be obtained through the open market or a DEX, through airdrops or other distributions, or as a reward for participation, where and as offered. Where VLTG trades on a DEX or other secondary venue, the Company is not a party to, and is not the counterparty to, such transactions; price is determined solely by the market. The Company does not guarantee the availability, price, liquidity, or continued listing of VLTG on any venue.
6. No Investment; No Expectation of Profit
You acknowledge and agree that you are acquiring and holding VLTG for its Utility and personal use within the Ecosystem, and not as an investment or with any expectation of profit. You are not relying on the managerial or entrepreneurial efforts of the Company or any third party to generate a profit or increase in value from your VLTG. Any market price of VLTG is set by third parties on the open market and is outside the Company’s control.
7. No Refunds
VLTG applied toward any discount, entry, access, or other benefit is consumed at the time of use and is non refundable. Acquisitions of VLTG on the open market or a DEX are final and are not refundable by the Company.
8. Wallets and Self Custody
You are solely responsible for the security and custody of your Wallet, private keys, and VLTG. The Company does not custody Holder tokens, cannot freeze, reverse, or recover tokens, and has no ability to recover tokens sent to an incorrect address or lost due to user error, compromised keys, or third party failure. On chain transactions are irreversible. You are responsible for maintaining secure backups and exercising caution when transacting.
9. Taxes
You are solely responsible for determining and satisfying any tax obligations arising from acquiring, holding, using, transferring, or disposing of VLTG. The Company does not provide tax advice.
10. Compliance with Laws
You are responsible for complying with all laws, rules, and regulations applicable to you, including securities, tax, anti money laundering, and sanctions laws of your jurisdiction. The Company may take steps it deems reasonably necessary to comply with applicable law, including restricting access to Utility.
11. Prohibited Conduct
You agree not to: use VLTG or the Ecosystem for any unlawful purpose; engage in market manipulation, wash trading, fraud, or deceptive practices involving VLTG; use VLTG in violation of sanctions laws or from a prohibited jurisdiction; or attempt to circumvent eligibility, program rules, or anti abuse measures. The Company may suspend or revoke access to Utility for violations.
12. Intellectual Property
The Voltage and EUC Dojo names, logos, and brand assets are the property of the Company. Holding VLTG does not grant any license to use the Company’s intellectual property except as expressly permitted in writing.
13. Disclaimers
VLTG AND ALL UTILITY ARE PROVIDED “AS IS” AND “AS AVAILABLE,” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON INFRINGEMENT. THE COMPANY DOES NOT WARRANT THAT VLTG WILL HAVE ANY VALUE, THAT ANY UTILITY WILL BE CONTINUOUSLY AVAILABLE, OR THAT THE UNDERLYING TECHNOLOGY WILL BE UNINTERRUPTED OR ERROR FREE.
14. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE COMPANY AND ITS MEMBERS, MANAGERS, OFFICERS, AND AGENTS WILL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, VALUE, DATA, OR TOKENS, ARISING FROM OR RELATING TO VLTG OR THESE TERMS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. IN NO EVENT WILL THE COMPANY’S AGGREGATE LIABILITY EXCEED THE AMOUNT, IF ANY, YOU PAID THE COMPANY DIRECTLY FOR VLTG.
15. Indemnification
You agree to indemnify and hold harmless the Company and its members, managers, officers, and agents from any claim, loss, liability, or expense (including reasonable attorneys’ fees) arising from your acquisition, holding, use, transfer, or disposition of VLTG, your violation of these Terms, or your violation of any law. This obligation survives termination of these Terms.
16. Presale Participants
Holders who acquired the right to receive VLTG through the Company’s private placement pursuant to a Simple Agreement for Future Tokens (“SAFT”) remain bound by the terms of their SAFT, including any transfer restrictions and securities law acknowledgments contained therein. In the event of a conflict between a SAFT and these Terms with respect to such tokens, the more restrictive transfer terms govern.
17. Changes to These Terms
The Company may update these Terms from time to time. Updated Terms become effective upon posting or other reasonable notice. Your continued holding or use of VLTG after an update constitutes acceptance of the updated Terms.
18. Governing Law and Dispute Resolution
These Terms are governed by the laws of the State of Florida, without regard to conflict of laws principles. Any dispute arising out of or relating to these Terms or VLTG will be resolved by binding arbitration administered in the State of Florida under the rules of a recognized arbitration body, on an individual basis only; you and the Company waive any right to participate in a class or representative proceeding. Nothing in this Section prevents either party from seeking injunctive relief in a court of competent jurisdiction.
19. Entire Agreement; Severability
These Terms constitute the entire agreement between you and the Company regarding VLTG Utility and supersede prior understandings on that subject. If any provision is held unenforceable, the remaining provisions remain in full force and effect.
Digital tokens involve significant risk. By acquiring, holding, or using VLTG, you acknowledge and accept the risks below. You should be prepared to lose the entire amount used to acquire VLTG.
A. Not a Security; No Investment Advice
VLTG is intended to function as a utility token, not a security or investment. Nothing in these Terms, the VLTG Whitepaper or Litepaper, the Company’s website, or any communication from the Company constitutes financial, investment, legal, or tax advice, or an offer or solicitation to buy or sell a security. Consult your own advisors before acquiring VLTG.
B. No Guarantee of Value; Risk of Total Loss
The Company makes no representation or warranty regarding the value of VLTG. VLTG may have no value at any time, and you may lose all funds used to acquire it. The Company does not guarantee any return.
C. Volatility
The market price of VLTG, if any, may fluctuate widely and unpredictably due to factors entirely outside the Company’s control, including market sentiment, liquidity, and broader cryptocurrency market conditions.
D. Regulatory Uncertainty
The legal and regulatory treatment of digital tokens is evolving and uncertain, and varies by jurisdiction. Future laws, regulations, or enforcement positions may adversely affect VLTG, including its classification, your ability to hold, transfer, or use it, and the Company’s ability to support it. The classification of VLTG could change over time.
E. Smart Contract and Technology Risk
VLTG is an ERC-20 token deployed on the Base blockchain. Smart contracts and blockchain networks may contain bugs or vulnerabilities and may be subject to exploits, hacks, forks, congestion, or outages. While the Company takes reasonable precautions, it cannot guarantee that the underlying technology is free from defects or that funds will be secure.
F. Liquidity Risk
There is no guarantee that a market or secondary market for VLTG will exist at any time. You may be unable to sell, transfer, or otherwise dispose of VLTG when desired, or at any particular price.
G. No Intrinsic Value
VLTG is not backed by any asset, currency, or guarantee. Its only function is the Utility the Company makes available within the Ecosystem, which may change or be discontinued.
H. Self Custody and Irreversibility
You are solely responsible for your Wallet and private keys. Lost keys or tokens sent to an incorrect address cannot be recovered by anyone, including the Company. On chain transactions are final and irreversible.
I. Third Party, DEX, and Bridge Risk
Any acquisition or transfer of VLTG through a DEX, bridge, or other third party service is subject to the risks, terms, and failures of those services, over which the Company has no control.
J. Tax Risk
Acquiring, holding, using, or disposing of VLTG may have tax consequences. You are solely responsible for understanding and meeting your tax obligations.
K. Forward Looking Statements
Any statements regarding plans, roadmaps, or future Utility are forward looking and not guarantees. Actual outcomes may differ materially, and the Company is under no obligation to realize any described feature or plan.
By acquiring, holding, or using VLTG, you confirm that you have read and understood these Terms and this Risk Disclaimer, that you are acquiring VLTG for its Utility and not as an investment, and that you accept all risks described herein. EUC Dojo LLC strongly recommends that you consult a qualified attorney experienced in digital asset and securities law regarding your particular circumstances.