LockItIn Terms of Use

Last updated: December 2025

1. Acceptance

By using LockItIn, you agree to these Terms. If you do not agree, do not use the protocol.

2. What You Are Committing To

You are committing to VERO (The Oracle)'s response (YES / NO / VOID) to a user-provided statement, not to the real-world event itself. Both parties accept the oracle’s determination as final. You understand the oracle system is experimental and may resolve outcomes in ways that seem inaccurate to humans (estimated accuracy currently below 90%).

3. Risk of Forfeiture

You can forfeit 100% of any committed funds. Smart contract, oracle, and blockchain risks may cause additional forfeiture.

4. Legal Compliance

You are solely responsible for ensuring your use complies with applicable laws in your jurisdiction, including digital asset, payments, and consumer protection requirements.

5. No High-Stakes Decisions

You agree not to use LockItIn or its oracle output to make high-stakes decisions that affect a person's material rights or well-being.

6. No Custody, No Guarantees

Funds are controlled by smart contracts. There are no guarantees of uptime, oracle availability, or outcomes. The protocol is provided “as is”.

7. Prohibited Jurisdictions

Access to the token sale is geoblocked for prohibited regions. Users must not bypass geoblocking or participate from restricted jurisdictions.

8. No Securities or Investment Advice

LOCKIT is a governance token, not an investment contract, equity, or promise of profit. Nothing here is financial, legal, or tax advice.

9. Updates

Terms may be updated. Continued use after updates constitutes acceptance of the revised Terms.

For more details, see the Teal Paper and Technical Docs.