Terms of Service

1. WHO WE ARE

CaveBro DAO is a decentralised autonomous organisation operating on the Base blockchain. References to "CaveBro DAO", "we", "us", or "the DAO" refer to the collective of $LOCAL token holders and the founding development team. CaveBro DAO is not a registered legal entity in any jurisdiction.

2. ELIGIBILITY

By using this website or participating in any CaveBro DAO activities, you represent and warrant that:

• You are at least 18 years of age.
• You are not a citizen, resident, or entity organised in the United States of America.
• You are not a citizen or resident of any jurisdiction where participation in token sales or NFT mints is prohibited by law, including but not limited to: the United States, Canada, China, North Korea, Iran, Syria, Cuba, and Sudan.
• You are not on any sanctions list maintained by the United Nations, European Union, or any national government.
• You have the legal capacity to enter into a binding agreement under the laws of your jurisdiction.
• You are accessing this site for your own personal use and not on behalf of a restricted person.

3. NATURE OF $LOCAL TOKEN

$LOCAL is a utility token on the Base blockchain. It is designed to be used within the CaveBro ecosystem to:

• Purchase gift codes redeemable for Pro subscriptions within CaveBro apps.
• Participate in governance voting on the CaveBro DAO Snapshot space.
• Earn staking rewards through the CaveBro staking contract.

$LOCAL is not a security, investment contract, or financial instrument. It does not represent equity, ownership, revenue share, or any claim against CaveBro DAO or any of its founders. Purchasing $LOCAL does not constitute an investment and you should have no expectation of profit from the efforts of others.

The value of $LOCAL may go to zero. You may lose the entire amount you spend acquiring $LOCAL tokens. Do not acquire $LOCAL with funds you cannot afford to lose.

4. NATURE OF CAVEBRO GENESIS NFT

The CaveBro Genesis NFT is a digital collectible on the Base blockchain. Holding a Genesis NFT grants:

• Lifetime Pro subscription access across all current and future CaveBro ecosystem apps, subject to those apps remaining part of the ecosystem.
• Access to $LOCAL presale allocation at founding pricing.
• Governance voting weight within the CaveBro DAO as described in the DAO Constitution.
• OG status recorded on-chain.

The Genesis NFT does not grant:

• Equity or ownership in any legal entity.
• Revenue share or profit distribution.
• Intellectual property rights over any CaveBro artwork, software, or brand.
• Any legally enforceable right to continued ecosystem participation if the DAO votes to wind down.

NFTs are transferable. Benefits follow the wallet holding the NFT at time of verification. CaveBro DAO is not responsible for NFTs purchased on secondary markets at any price.

5. NO WARRANTIES

This website, the $LOCAL token, the Genesis NFT, and all associated smart contracts are provided "as is" without any warranty of any kind, express or implied. We do not warrant that:

• The smart contracts are free of bugs, vulnerabilities, or exploits.
• The website will be continuously available.
• Any app will remain in the CaveBro ecosystem indefinitely.
• $LOCAL will maintain any particular value or liquidity.
• The DAO will continue to operate indefinitely.

6. ASSUMPTION OF RISK

By participating in CaveBro DAO activities, you acknowledge and accept the following risks:

• Smart contract risk: Bugs or exploits in the token, staking, or burn contracts could result in loss of funds.
• Regulatory risk: Laws governing tokens, NFTs, and DAOs are evolving. Future regulation could adversely affect the value or usability of $LOCAL or Genesis NFTs.
• Market risk: The price of $LOCAL and Genesis NFTs is subject to extreme volatility. You may lose all value.
• Liquidity risk: There may be insufficient liquidity to sell $LOCAL or NFTs at any given time.
• Technology risk: Base network outages, upgrades, or failures could affect access to your tokens or NFTs.
• Governance risk: DAO decisions are made by token holders and may not align with your interests.

7. LIMITATION OF LIABILITY

To the maximum extent permitted by applicable law, CaveBro DAO, its founders, contributors, and affiliates shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of or inability to use this website, the $LOCAL token, or the Genesis NFT, including but not limited to loss of funds, loss of data, or loss of profits.

In no event shall the total liability of CaveBro DAO to you exceed the amount you paid in the transaction giving rise to the claim.

8. INTELLECTUAL PROPERTY

The CaveBro DAO name, brand, manifesto, website, and artwork are the intellectual property of the founding team. Purchasing a Genesis NFT grants you a personal, non-commercial licence to display the associated artwork. It does not grant you the right to commercialise, reproduce at scale, or create derivative works for commercial purposes.

9. GOVERNING LAW AND DISPUTES

These Terms shall be governed by and construed in accordance with generally accepted principles of international commercial law, to the extent that no specific jurisdiction applies. Any disputes arising from these Terms shall be resolved by binding arbitration, and you waive any right to participate in class action proceedings.

10. CHANGES TO THESE TERMS

We reserve the right to update these Terms at any time. Continued use of the website or services after changes are posted constitutes acceptance of the updated Terms. The "Last updated" date at the top of this page will reflect the most recent revision.

11. CONTACT

For questions regarding these Terms, reach out via the CaveBro DAO Discord or the official X/Twitter account.

CaveBro DAO · $LOCAL · Base · Nothing leaves your device