Terms of Service
Last updated: 08/08/25
Agreement to Terms
These Terms of Service (the “Terms”) constitute a legally binding agreement between you and LocalFriend, LLC (doing business as “Fantasy Vaults by aiSports”) (“Company,” “we,” “us,” or “our”) governing your access to and use of the Fantasy Vaults website and services (collectively, the “Service”). By accessing or using the Service, you agree to be bound by these Terms. If you do not agree, do not access or use the Service.
The Fantasy Vaults Service
Fantasy Vaults is a platform that enables users to create, fund, join, and distribute season-long fantasy sports prize pools using a secure, blockchain-powered escrow vault on the Flow EVM. Funds are held in smart contracts and may utilize audited third-party vault infrastructure for secure custody. The Service does not include daily fantasy contests, any native tokens, or third-party game integrations. No offers of securities or investment products are made. The Service is provided solely for entertainment and coordination of prize pools among participants.
Beta Software and Risk of Asset Loss
The Service is provided as beta software and involves experimental smart contracts and third-party integrations. By using the Service, you understand and accept the inherent risks of blockchain-based systems, including, but not limited to, smart contract vulnerabilities, protocol failures, network outages, loss of private keys, and potential partial or total loss of funds. You acknowledge that you use the Service at your own risk and that we do not guarantee the security of on-chain or off-chain components. Always deposit only what you can afford to lose.
Relationship to Blockchain
The Service interacts with blockchain technology, including the Flow EVM. You understand and agree that blockchain networks are not under our control, and that transactions may be irreversible and subject to network fees determined by the network (e.g., gas fees). We do not control network fees or network availability, and we are not responsible for failures, delays, or losses caused by the underlying blockchain, wallets, or third-party infrastructure.
Eligibility
You must be at least the age of majority in your jurisdiction and otherwise capable of entering into a binding contract to use the Service. You are solely responsible for complying with all local laws and regulations applicable to your use of the Service, including those related to contests, sweepstakes, and prize pools.
Accounts & Security
Access to the Service may use Web2 or Web3 authentication methods, including third-party providers such as Privy. You are responsible for safeguarding your login credentials and any private keys or wallet access associated with your account. We are not responsible for any loss or damage arising from your failure to secure your account, credentials, or wallets.
Acceptable Use
You agree not to misuse the Service, including by engaging in illegal, fraudulent, or abusive activities; interfering with or disrupting the Service; attempting to circumvent security; or violating the rights of others. We may suspend or terminate access for any conduct that violates these Terms or harms the Service or other users.
Fees, Taxes, and Payments
Certain actions may incur network fees (e.g., gas fees) or application fees, if any are disclosed. You are responsible for all transaction fees and taxes associated with your use of the Service. Contributions to prize pools are non-refundable except as expressly stated in these Terms or as required by law.
Intellectual Property
The Service, including the underlying software, interfaces, text, graphics, logos, and other content, is owned by us or our licensors and is protected by intellectual property laws. Subject to these Terms, we grant you a limited, non-exclusive, non-transferable, revocable license to use the Service for its intended purpose.
Disclaimers
THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. WE DO NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.
Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT WILL WE OR OUR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, DATA, USE, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH THE SERVICE OR THESE TERMS, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. OUR TOTAL LIABILITY FOR ANY CLAIM WILL NOT EXCEED THE AMOUNT YOU PAID, IF ANY, FOR YOUR USE OF THE SERVICE IN THE 12 MONTHS PRECEDING THE CLAIM.
Indemnification
You agree to defend, indemnify, and hold harmless the Company and its affiliates, officers, directors, employees, and agents from and against any claims, liabilities, damages, losses, and expenses, including reasonable attorneys’ fees, arising out of or in any way connected with your access to or use of the Service or violation of these Terms.
No Investment Advice; Not a Financial Service
Nothing in the Service constitutes investment, legal, or tax advice, and no communication or content should be construed as an offer to sell or a solicitation of an offer to buy any security or financial instrument. The Service facilitates prize pools for entertainment and coordination purposes only and is not a broker, exchange, custodian, or money transmitter.
Non-Custodial Nature
The Service uses smart contracts to hold and disburse funds. Except to the extent explicitly executed by the smart contract logic, we do not store, hold, or maintain custody or control of user funds. You are solely responsible for securing your wallets and private keys.
Third-Party Services and Links
The Service may rely on or link to third-party services, networks, tools, or content. We do not control and are not responsible for any third-party services, including their availability, accuracy, security, or legality. Your use of third-party services is at your sole risk and may be subject to separate terms and privacy policies.
Taxes
You are solely responsible for determining and paying any taxes applicable to your use of the Service, including any prizes received. We do not provide tax advice. Please consult your tax advisor regarding your obligations.
Sanctions and Export Controls
You represent that you are not subject to sanctions or located in a restricted jurisdiction and that your use of the Service complies with applicable export control and sanctions laws. We may restrict access where required by law.
Class Action Waiver and Arbitration
To the maximum extent permitted by law, you and the Company agree that any dispute will be brought only in your and its individual capacities and not as a class action or other representative proceeding. If mutually agreed, disputes may be submitted to binding arbitration in [Your Venue] administered by a recognized arbitration provider under applicable rules. Otherwise, disputes shall be resolved in the courts identified below.
Force Majeure
We will not be liable for any delay or failure in performance resulting from events beyond our reasonable control, including acts of God, labor disputes, internet or utility failures, blockchain or network failures, denial-of-service attacks, or acts of government.
Regulatory Compliance
You are solely responsible for ensuring that your use of the Service complies with all applicable laws and regulations in your jurisdiction, including those related to contests, sweepstakes, prize pools, and the use of blockchain technology. We may restrict access to the Service in jurisdictions where use is illegal or requires licensing we do not possess.
Changes to the Service and Terms
We may update or modify the Service at any time. We may also update these Terms from time to time. If we make material changes, we will provide notice by updating the “Last updated” date and, where appropriate, by other means. Your continued use of the Service after the effective date of any changes constitutes your acceptance of the updated Terms.
Termination
We may suspend or terminate your access to the Service at any time, with or without cause, including for any violation of these Terms. Upon termination, your right to use the Service will immediately cease. Blockchain transactions are generally irreversible; termination will not reverse completed transactions.
Governing Law and Dispute Resolution
These Terms are governed by the laws of the State of Indiana, without regard to its conflict of law principles. Any dispute arising out of or relating to these Terms or the Service will be resolved exclusively in the state or federal courts located in Porter County, Indiana, and you consent to personal jurisdiction and venue in those courts. If you and the Company agree, disputes may alternatively be submitted to binding arbitration in Porter County, Indiana, administered by a recognized arbitration provider under its applicable rules.
No Third-Party Beneficiaries
Except as otherwise expressly provided herein, there are no third-party beneficiaries to these Terms.
Assignment
You may not assign or transfer these Terms without our prior written consent. We may assign these Terms without restriction.
Severability and Waiver
If any provision of these Terms is held to be invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the remaining provisions will remain in full force and effect. Our failure to enforce any right or provision will not be deemed a waiver of such right or provision.
Survival
Provisions that by their nature should survive termination shall survive, including, without limitation, ownership provisions, warranty disclaimers, limitations of liability, and indemnity.
Contact Us
If you have questions about these Terms, contact us at cj@localfriendtravel.com or by mail at 192 NW Hills Drive, Valparaiso, IN 46385.