Terms of Use

Last Updated: 1st December 2025

1. Introduction and Acceptance

1.1. Overview.

These Terms of Use ("Terms") between you ("you", "your", "User") and Ocean Bounty Labs Corporation, company incorporated under the laws of the Republic of Panama with registration number: 155776929, registered address: San Francisco, Calle 74, Midtown Building, 16th Floor, Office 1601, Panama City, Republic of Panama ("Company", "we", "us", "our") govern your access to and use of our App (the "App"), all related services (collectively, the "Service"). For ease of reference, the term "Marketplace" refers to the aggregate of the App and the Service. The Marketplace indexes publicly available blockchain data but does not control, validate, or alter blockchain networks.

1.2. Acceptance of Terms.

By accessing Marketplace, you agree to be bound by these Terms, NFT terms of use and the relevant terms and policies of App Store and Google Play, as well as any additional policies incorporated herein. If you do not agree, please do not access or use Marketplace. Continued use of Marketplace constitutes your express agreement to these Terms.

Our Privacy Policy outlines the processing of any personal data that you provide. We may update the Privacy Policy at any time by posting such updates in the Marketplace. You will find the complete text of the Privacy Policy by the hyperlinks provided in the Marketplace. Please read carefully our Privacy Policy which describes the processing of your personal information.

The processing of personal data is not governed by these Terms but rather derives from, and has its legal basis under, applicable data protection laws and regulations, including the General Data Protection Regulation ("GDPR"). Such processing may, inter alia, be necessary for the performance of an agreement between you and the Company or for taking steps prior to entering into such an agreement. Privacy Policy is provided solely for informational purposes in accordance with applicable privacy laws and regulations.

1.3. Definitions.

The following definitions shall apply to interpret these Terms:

  • "Account" means a registered account created by User on the Marketplace by connecting his personal Wallet or using other means provided for on the Marketplace.
  • "Content" refers to all information, data, text, graphics, and other materials made available through the Marketplace.
  • "Intellectual Property Rights" means all present and future rights related to patents, copyrights, trademarks, trade secrets, and other proprietary rights.
  • "NFT" means a non-fungible token or similar digital item that is secured and authenticated on a public blockchain and is used solely in the game Angland. NFTs are generally governed by smart contracts that define ownership and transferability.
  • "Cryptocurrency" means a digital asset secured by cryptographic protocols that operates on a decentralized, peer-to-peer blockchain network.
  • "Wallet" means a technical tool that enables Users to generate, store, and use cryptographic credentials directly on their own device for the purpose of interacting with blockchain networks. The Company does not have access to, custody of, or control over Users' private keys, recovery phrases, digital assets, or transaction authorizations.

1.4. Eligibility.

To use Marketplace, you must be at least 18 years old and have full legal capacity to enter into binding agreements. If you are under the age of 18 or lack the legal capacity, use the Marketplace with the explicit permission and supervision of your parent or legal guardian. In such cases, your parent or legal guardian must read and agree to these Terms on your behalf and will be responsible for all activities conducted through Marketplace.

If you are a parent or legal guardian permitting a minor or someone without full legal capacity to use the Marketplace, you agree to these Terms on their behalf and assume full responsibility for their compliance with these Terms.

If you are accepting these Terms on behalf of a company or other legal entity, you represent and warrant that you have the legal authority to bind such entity to these Terms. In such cases, the terms "User" "you" and "your" shall refer to both you as an individual and the entity you represent.

1.5. Geographical restrictions.

The Marketplace is not intended for and may not be accessed or used by any person or entity located, incorporated, or ordinarily resident in a jurisdiction subject to comprehensive trade or economic sanctions or other applicable restrictions under the laws of Singapore, the United States, including those administered by the Office of Foreign Assets Control, the European Union, the United Nations, or any other competent authority.

This includes, without limitation, individuals or entities from Singapore, North Korea, Iran, Syria, Cuba, the Crimea, Donetsk and Luhansk regions of Ukraine, Russia, Belarus, or any other territory subject to relevant sanctions or export controls.

The Company may implement geo-blocking, wallet filtering, or other technical or administrative measures to enforce these restrictions. Users are solely responsible for ensuring that their access to and use of the Angland complies with all applicable laws and does not expose the Company to legal or regulatory liability.

2. Scope of Service and Access

2.1. Service Description.

The Marketplace provides a technical interface that enables Users to list, offer, and transfer eligible NFTs directly with other Users on a peer-to-peer basis. All NFT transactions are executed directly between Users via blockchain-based smart contracts. The Company is not a party to any transaction between Users and does not guarantee the outcome, legality, value, or suitability of any NFT.

The Company does not act as:

  • a seller or purchaser of NFTs;
  • an agent or broker for any User;
  • a custodian of digital assets or funds;
  • a fiduciary or advisor of any kind.

All details related to NFTs listed on the Marketplace, including but not limited to pricing, descriptions, and intellectual property disclosures, are provided solely on the Marketplace listing page. Users agree to rely exclusively on NFT Details published on the Marketplace and acknowledge that any representations made outside the Marketplace are not binding.

The Company reserves the right, at its sole discretion, to modify, update, or discontinue any aspect of the Marketplace's services and functionality at any time, with or without prior notice. Any such changes may affect the scope, features, or performance of the Marketplace provided. Your continued use of the Marketplace after such modifications constitutes your acceptance of the updated services and any revised Terms. All detailed terms of Service are provided on the relevant page of Marketplace which shall be considered as part of these Terms.

The Company may, at its sole discretion, deploy bug fixes, error corrections, patches, and other improvements that may materially alter the core functionality of the Marketplace ("Updates"). Any such Updates provided to you will automatically become part of the Marketplace's services under these Terms.

2.2. Personal account.

To access certain features of the Marketplace, Users may be required to create a personal user account within the App by connecting or activating a non-custodial digital wallet made available through the Marketplace's interface.

Users agree to:

  • Securely manage their Wallet credentials and authorize transactions only through trusted devices;
  • Verify all transaction details before confirming on their Wallet interface;
  • Immediately disconnect compromised Wallets and report suspicious activity.

The Marketplace disclaims liability for losses due to User negligence, including sharing private keys, phishing attacks.

The Company disclaims liability for:

  • Wallet malfunctions, unsupported networks, or service interruptions;
  • Disputes between Users.

By creating an Account, you consent to receive electronic communications from the Marketplace, including emails, push notifications, text messages, and other forms of communication. These communications may include:

  • Transactional and account-related notices.
  • Promotional communications that we believe may be of interest to you.

You understand that:

  • Consenting to receive promotional communications is not a condition of using the Marketplace.
  • You can opt out of promotional communications at any time.

Please note that opting out may not apply to important announcements or messages that are necessary for providing the Marketplace.

2.3. NFTs listing.

To list an NFT on the Marketplace, Users shall connect a Wallet and follow the technical steps provided on the Marketplace's interface. By initiating a listing, the User represents and warrants that they are the lawful owner of the digital asset linked to the NFT or are legally authorized to sell, license, or transfer such digital asset on behalf of the owner. The User must provide accurate and complete information about the NFT, including but not limited to the listing price, description of the digital asset, royalty terms, and any intellectual property restrictions.

Listing an NFT may incur fees, including gas fees or the Marketplace service fees disclosed to the User prior to confirmation. All fees are non-refundable, even if the NFT is withdrawn, delisted, or fails to sell. The User acknowledges that blockchain network fees fluctuate independently of the Marketplace and are the User's sole responsibility.

The User may modify or withdraw a listed NFT at any time prior to a confirmed purchase, provided such changes comply with the Marketplace's policies. Withdrawing a listing does not entitle the User to a refund of fees already paid. The Marketplace reserves the right to delist NFTs that violate these Terms, exhibit suspicious activity, or harm the Marketplace's reputation.

2.4. NFT Purchase.

Users may purchase NFTs listed on the Marketplace at a fixed price determined solely by the listing User. All purchases are conducted on a peer-to-peer basis directly between Users, without the Marketplace acting as seller, buyer, agent, broker, custodian, or payment intermediary.

To complete a purchase, the buyer must initiate and confirm the transaction through the buyer's connected non-custodial digital wallet. Upon successful confirmation of the applicable blockchain transaction, ownership of the NFT will be transferred automatically to the buyer's designated wallet in accordance with the relevant smart contract logic.

Ownership of an NFT grants the buyer only those limited in-game usage rights expressly described in these Terms or in the terms and conditions of Angland. No royalty rights, revenue-sharing rights, intellectual property rights, profit participation, or other financial or economic interests are transferred to the purchaser in connection with an NFT transaction.

All NFT transactions are recorded on the blockchain and, once confirmed, are final and irreversible. The Company cannot cancel, reverse, or refund any completed blockchain transaction. The Company shall not be liable for losses or damages resulting from User error, including but not limited to the selection of an incorrect blockchain network, incorrect wallet address, insufficient gas fees, delayed confirmations, or failure to properly authorize a transaction.

If a transaction fails at the blockchain or smart-contract level and no NFT transfer occurs, any potential recovery of funds depends entirely on the functionality of the applicable blockchain protocol. The Company does not guarantee recovery of any funds.

2.5. Information Accuracy.

While the Company takes reasonable measures to ensure the accuracy of blockchain data displayed on the Marketplace, we do not guarantee the accuracy, suitability, reliability, completeness, performance, or fitness of the Service or its Content. You acknowledge that:

  • Blockchain data is sourced from public, decentralized networks outside our control.
  • The Company is not liable for any loss or damage arising from:
    • Inaccuracies, delays, or omissions in the Content;
    • Your inability to access the Marketplace;
  • Transmission failures of instructions or notifications.

2.6. Third-Party Integrations.

The Marketplace may include features provided by third-party vendors. Use of such features is subject to their terms and conditions, and we are not responsible for their content or performance.

2.7. Acceptable Use Policy.

By using the Marketplace, you agree to adhere to the following acceptable use guidelines. Your compliance with these provisions is a condition of your continued access to and use of the Marketplace:

  • Lawful Use: You shall use the Marketplace exclusively for lawful purposes and in full compliance with these Terms, as well as all applicable local, state, national, and international laws and regulations.
  • Preservation of System Integrity: You agree not to engage in any activity that may harm, disable, overburden, or otherwise impair the Marketplace's infrastructure or its operation. This includes, but is not limited to, initiating any form of denial-of-service attack, distributing malware, or otherwise interfering with the performance of the Marketplace.
  • Unauthorized Access Prohibition: You shall not attempt to gain unauthorized access to the Marketplace, its systems, networks, or any data or resources that you are not expressly permitted to access. Any such attempts may result in immediate legal actions.
  • Compliance with Guidelines: You agree to comply with all usage guidelines, restrictions, and instructions provided by the Company from time to time, whether these are communicated via these Terms or through other official channels.
  • No Endorsement and Preservation of Proprietary Notices: You agree not to imply that any of your statements or actions are endorsed by the Company unless expressly authorized, nor may you remove, alter, or obscure any copyright, trademark, or other proprietary notices appearing on the Marketplace or related materials.
  • Investment Fraud: You are prohibited from promoting fraudulent schemes (e.g., "pump-and-dump" crypto scams, fake airdrops) using Services on Marketplace.
  • Money Laundering: You are prohibited from using Marketplace to obfuscate illicit fund flows or evade sanctions.
  • Phishing or other types of scam: You are prohibited from creating fake websites, emails, or social media accounts mimicking Marketplace to deceive users into connecting Wallets, sharing private keys, recovery phrases, or payment details.
  • Scraping Prohibition: You are strictly prohibited from using bots, crawlers, scripts, or other automated tools to extract, collect, or replicate data from Marketplace without prior written consent. This includes bypassing technical safeguards (e.g., rate limits, CAPTCHA) or overloading our infrastructure. Violations may result in immediate termination of access and legal action under applicable laws.

Failure to comply with these acceptable use provisions may result in:

  • Immediate suspension or termination of your access to Marketplace;
  • Technical measures (e.g., IP blocking, bot detection) to prevent further violations;
  • Disclosure of your identity and activities to law enforcement, regulatory agencies, or harmed third parties.
  • Civil claims for losses caused to the Company or third parties;
  • Criminal prosecution under applicable laws;
  • Regulatory penalties for breaches of data protection, financial, or sanctions laws.

The Company reserves the right to recover all reasonable costs incurred in enforcing these Terms, including investigation fees, legal expenses, and damages.

3. Intellectual property rights.

3.1. Company's ownership.

The Marketplace, including any models, interfaces, algorithms, indexes or other software developed by the Company, along with all associated features, functionality, and tools, is protected by copyright, trademark, patent, trade secret, and other intellectual property laws of the Republic of Panama and international jurisdictions. You acknowledge and agree that the App and all related intellectual property rights are the exclusive property of the Company and its licensors. You are prohibited from removing, altering, or obscuring any copyright, trademark, service mark, patent marking, or other proprietary rights notices incorporated in or accompanying the Marketplace.

3.2. Trademarks.

The company name, the company logo, and all related names, logos, product and service names, designs, and slogans are trademarks of the Company or its affiliates or licensors. You must not use such marks without the prior written permission of the Company. All other names, logos, product and service names, designs, and slogans on the Marketplace are the trademarks of their respective owners.

3.3. NFT License.

Ownership of an NFT grants the User a limited, revocable, non-exclusive, non-transferable license to use the associated in-game digital item solely within the Angland for personal, non-commercial gameplay purposes. NFT ownership does not transfer any copyright, trademark, commercial exploitation rights, or rights to derivative works.

3.4. Royalty On Secondary Sale.

Certain NFTs available on the Marketplace may be subject to a creator royalty on secondary sales. Where applicable, 9% (nine percent) of the resale price is automatically allocated to the creator or other designated recipient through the applicable smart contract at the time of resale.

Royalties are enforced solely through blockchain-based smart contract logic. The Marketplace does not calculate, collect, hold, distribute, or guarantee royalty payments and does not control or modify royalty parameters after deployment.

Ownership of an NFT does not confer any right to receive royalties, revenues, profit shares, or other economic benefits. Royalties are payable exclusively to the creator or other recipient specified in the applicable smart contract.

4. Advertising, Promotions, and Third-Party Links

4.1. Advertising.

The Marketplace may display advertisements, banners, and pop-up messages from the Company and its affiliates or partners. By using the Marketplace, you consent to the display and delivery of such advertisements, which may change without notice.

4.2. Third-Party Links.

The Marketplace's Content may contain links to, or otherwise enable access to, third-party websites, resources, services, or content that are not owned, operated, or controlled by the Company. User acknowledges and agrees that the Company does not endorse, monitor, verify, or assume any responsibility for:

  • The availability, accuracy, legality, reliability, security, or business practices of such third-party websites, resources, or services;
  • Any content, products, services, advertisements, or materials available on or through such third-party platforms;
  • Any transactions, interactions, or disputes between Users and such third parties.

Access to third-party websites or services through the Marketplace's Content is provided for convenience only and does not constitute an endorsement, partnership, or affiliation between the Company and any third party. User assumes all risks associated with accessing or using such third-party platforms, and the Company expressly disclaims any liability for any loss, damage, or harm that may arise from such use.

The Company shall not be responsible or liable for any direct, indirect, incidental, consequential, special, or punitive damages, including but not limited to data loss, financial loss, reputational harm, or security breaches, resulting from the use of third-party resources or services. User is advised to review the terms, policies, and practices of any third-party website or service before engaging with them.

5. Disclaimers and Limitation of Liability

5.1. Service Provided "AS IS."

The Marketplace and its services are provided on an "as is" and "as available" basis, without any express or implied warranties of any kind. The Company expressly disclaims all warranties, whether express, implied, statutory, or otherwise, including but not limited to any warranties of merchantability, fitness for a particular purpose, non-infringement, title, or that the Marketplace's Content or services will be accurate, error-free, uninterrupted, secure, or free of harmful components. Users are solely responsible for verifying any information obtained through the Marketplace before relying on it for any purpose.

5.2. No Guarantee of Uninterrupted Service.

We do not warrant that the Marketplace will be continuous, error-free, secure, or free of viruses, malware, or other harmful components.

5.3. Limitation of Liability.

To the maximum extent permitted by law, in no event shall the Company, its affiliates, officers, directors, employees, contractors, licensors, or agents be liable for any direct, indirect, incidental, special, consequential, exemplary, or punitive damages, including but not limited to lost profits, lost revenues, lost data, business interruption, reputational harm, or any other losses arising out of or in connection with:

  • The use of, inability to use, or reliance on the Marketplace or its Content;
  • Any inaccuracies, errors, or omissions in the Marketplace's Content;
  • Any third-party actions, services displayed on the Marketplace; or
  • Any modifications, discontinuation, suspension, or termination of the Marketplace or its services.

This limitation applies regardless of the legal theory of liability, whether based on contract, tort, negligence, strict liability, or any other cause of action, and whether or not the Company was advised of the possibility of such damages.

In any event, the total aggregate liability of the Company to the User for any and all claims arising within any 12 (twelve) month period shall not exceed the total amount actually paid by the User to the Company during the 12 (twelve) months immediately preceding the event giving rise to the claim. This limitation shall apply regardless of the form of action, whether in contract, tort, including negligence, strict liability, or otherwise, and whether the Company has been advised of the possibility of such damages.

Some jurisdictions may not permit the exclusion or limitation of certain damages; in those cases, the limitations shall apply to the maximum extent permitted.

5.4. Risk Acknowledgment.

By accessing or using the Marketplace, you expressly acknowledge, accept, and assume all risks associated with NFTs, blockchain technology, and digital assets, including but not limited to:

  • NFT and Cryptocurrency Volatility: The value of NFTs, tokens, and other digital items is inherently subjective and volatile, and you may lose financial value permanently.
  • Ownership Disputes: NFTs or digital items visible on the Marketplace may be subject to claims of ownership, authenticity, or intellectual property rights by third parties.
  • Ecosystem Risks: The utility and value of NFTs depend on the adoption, functionality, and growth of blockchain ecosystems, which may fail or evolve unpredictably.
  • Regulatory Uncertainty: Laws governing NFTs, cryptocurrencies, and blockchain technologies are unsettled and may adversely impact the Marketplace's operations or your assets.
  • Tax Obligations: You are solely responsible for determining, reporting, and remitting all taxes arising from Marketplace transactions, rewards, or promotions. You agree to indemnify the Marketplace for any tax-related liabilities or claims.
  • Internet and Security Risks: Use of the Marketplace may expose you to cyberattacks, unauthorized access to your Wallet or Account, or internet disruptions.
  • Third-Party Dependencies: The Marketplace relies on third-party services (e.g., blockchain networks, cloud providers), and disruptions to these services may impair functionality.
  • Content Visibility: The Marketplace reserves the right to hide or restrict access to NFTs, collections, or items affected by technical, legal, or operational issues.

You irrevocably waive any claims against the Marketplace arising from these risks. This list is not exhaustive, and additional risks may exist as described elsewhere in these Terms.

6. Indemnification.

You agree to indemnify, defend and hold harmless the Company, our subsidiaries, affiliates, partners, officers, directors, agents, contractors, licensors, service providers, subcontractors, suppliers, interns and employees, harmless from any claim or demand, including reasonable attorneys' fees, made by any third-party due to or arising out of your breach of these Terms or the documents they incorporate by reference, or your violation of any law or the rights of a third-party using Marketplace.

7. Modification and Termination of Access.

7.1. Modification to Terms.

The Company reserves the exclusive right to amend these Terms at any time. The amended Terms will be published on the Marketplace with a revised "Last Updated" date in the header. Continued use of the Marketplace after the effective date of the revised Terms constitutes your acceptance of the changes. We recommend that you review these Terms periodically.

7.2. Access termination.

The Company reserves the right to immediately suspend or terminate your access to the Marketplace without prior notice if we have reasonable grounds to suspect that you have:

  • Violated the Acceptable Use Policy;
  • Engaged in any illegal activities using the Marketplace; or
  • Violated these Terms in any other way.

8. Governing Law, Jurisdiction, and Dispute Resolution

8.1. Governing Law.

These Terms shall be governed by and construed in accordance with the laws of the Republic of Panama, without reference to any conflict of law principles. This means that regardless of where you reside or use our services, the laws of the Republic of Panama will exclusively apply.

8.2. Initial Negotiations.

In the event of any dispute or claim arising out of or relating to these Terms or your use of the Marketplace, both parties (i.e., you and the Company) agree to first attempt to resolve the matter through good faith negotiations. We encourage open communication and a mutual effort to settle any issues before proceeding further.

8.3. Mediation.

If a resolution cannot be reached through negotiation, both parties agree to submit the dispute to mediation. The mediator shall be chosen by mutual agreement. If you and the Company are unable to agree on a mediator within a reasonable timeframe, the Company will appoint a mediator on behalf of both parties. Mediation is intended to be a non-binding process aimed at facilitating an amicable resolution.

8.4. Binding Arbitration.

If the matter remains unresolved, any dispute, controversy, or claim arising out of or relating to this Agreement shall be referred to and finally resolved by arbitration administered by the Singapore International Arbitration Centre (SIAC) in accordance with the SIAC Rules in force at the time of the arbitration, which Rules are deemed incorporated by reference.

The seat of arbitration shall be Singapore, and the language of the arbitration shall be English.

To ensure cost-efficiency of the procedure:

  • the tribunal shall consist of one arbitrator.
  • the arbitration may, if appropriate, proceed on a documents-only basis without a hearing, or be conducted through online or remote hearings as determined by the tribunal.
  • if the amount in dispute does not exceed USD 1,000,000, or if otherwise appropriate, the dispute shall be conducted under the Expedited Procedure provisions of the SIAC Rules.

All arbitration proceedings shall remain confidential except as required to enforce an award or comply with applicable law.

8.5. Litigation as a Last Resort.

In the unlikely event that both mediation and arbitration fail to resolve the dispute, either party may pursue litigation. Any such litigation shall be brought exclusively in the competent courts of the Republic of Panama.

8.6. Language of Proceedings.

All negotiations, mediation sessions, arbitration hearings, and any subsequent litigation proceedings shall be conducted exclusively in the English language.

8.7. Time Limit for Claims.

Any claim or cause of action arising from or relating to these Terms or the use of the Marketplace must be initiated within one (1) year from the date the cause of action arises. If a claim is not brought within this timeframe, it will be deemed waived and barred.

9. Notices.

Any notices or communications permitted or required under these Terms must be provided in writing by the Company. Such communications may be delivered by:

  • sending an email to the address you have provided to our customer support; or
  • posting on the Marketplace.

For any notice sent via email, the date on which the email is transmitted shall be deemed the date of receipt.

10. Additional Provisions

10.1. Severability.

If any provision of these Terms is found by an arbitrator or court of competent jurisdiction to be invalid, void, or unenforceable, in whole or in part, such provision shall be enforced to the maximum extent permitted under applicable law, and the remaining provisions shall continue in full force and effect.

10.2. Entire Agreement.

These Terms, together with our Privacy Policy and any other documents expressly incorporated herein, constitute the entire agreement between you and the Company regarding the use of the Marketplace.

10.3. Assignment.

The Company may assign or transfer these Terms, in whole or in part, without notice. You may not assign or transfer any rights or obligations under these Terms without our prior written consent.

10.4. 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.

10.5. Headings.

Section headings are for convenience only and shall not affect the interpretation of these Terms.

11. Contact and Support

11.1. Support.

For any questions, concerns, or issues regarding these Terms or the Service, please contact our support team at info@oceanbounty.xyz.

11.2. Feedback.

Any feedback you provide regarding the Marketplace may be used by the Company for improving the Marketplace without any obligation to you.