TERMS OF SERVICE

ACCEPTANCE OF TERMS

By accessing or using the VTT platform (the "Platform"), including the website at vettor.org, the decentralized application (dApp), launchpad, decentralized exchange (DEX), bridge, staking services, and any related services, you agree to be bound by these Terms of Service ("Terms").

If you do not agree to these Terms, you must not access or use the Platform. Your continued use of the Platform constitutes acceptance of any modifications to these Terms.

TOKEN CLASSIFICATION

VTT is designed and intended to function as a utility token under EU Regulation 2023/1114 (Markets in Crypto-Assets Regulation — MiCA). VTT does not constitute a security, financial instrument, or investment product under applicable EU or Italian law.

• //VTT provides access to platform services: gas fees, staking, governance voting, and DEX trading.
• //VTT does not confer equity, dividends, profit-sharing, or ownership rights in any entity.
• //Purchasing VTT does not constitute an investment contract under Directive 2014/65/EU (MiFID II) or Italian D.Lgs. 58/1998 (Testo Unico della Finanza).
• //VTT is not e-money as defined under Directive 2009/110/EC and is not issued at par value against receipt of funds.
• //The classification of VTT may be subject to change based on regulatory developments in your jurisdiction.

DESCRIPTION OF SERVICE

Vettor (VTT) is a blockchain platform for tokenizing real world assets. The Platform provides the following services:

• //Launchpad: a token sale platform where users can purchase VTT tokens using fiat (via Stripe) or cryptocurrency. Tokens are delivered to the buyer's VTT wallet address.
• //DEX (decentralized exchange): an automated market maker (AMM) for trading tokens on the VTT blockchain. Users can swap tokens, provide liquidity, and earn fees.
• //Bridge: a cross-chain bridge enabling transfers between the VTT blockchain and Ethereum (including Base L2). Users can deposit and withdraw VTT and stablecoins.
• //Staking: delegation of VTT tokens to validators for network security, earning block rewards proportional to stake.
• //Governance: on-chain voting for protocol parameters, treasury spending, and asset-level decisions.
• //Wallet: a client-side, non-custodial wallet for generating and managing VTT blockchain key pairs.

ELIGIBILITY

By using the Platform, you represent and warrant that:

• //You are at least 18 years of age or the age of legal majority in your jurisdiction.
• //You are not a resident of, or located in, any jurisdiction subject to comprehensive sanctions (including but not limited to North Korea, Iran, Syria, Cuba, and the Crimea, Donetsk, and Luhansk regions).
• //You are not listed on any sanctions list maintained by the United States (OFAC), European Union, United Kingdom, or United Nations.
• //Your use of the Platform complies with all applicable laws and regulations in your jurisdiction.
• //You have the legal capacity to enter into a binding agreement.

WALLET & SECURITY

The VTT wallet is a non-custodial, client-side wallet. When you create a wallet, a cryptographic key pair (public key and seed phrase) is generated entirely in your browser. Your private key and seed phrase are never transmitted to our servers.

• //Store your seed phrase securely offline. Never share it with anyone.
• //We will never ask for your seed phrase or private key. Any such request is fraudulent.
• //You are responsible for all activity on your wallet, including unauthorized access resulting from compromised credentials.
• //We recommend using a dedicated device or browser profile for managing significant token holdings.

TOKEN SALE

The VTT launchpad facilitates the sale of VTT tokens. By participating in a token sale, you acknowledge and agree:

• //VTT tokens are utility tokens intended for use within the VTT platform (gas fees, staking, governance, trading). They do not represent equity, shares, dividends, or any ownership interest in any entity.
• //The purchase of VTT tokens is not an investment. We make no guarantees regarding the future value, utility, or tradability of VTT tokens.
• //Token prices during the sale are set by the Platform and may differ from secondary market prices.
• //All token sales are final. Refunds are only provided as required by applicable consumer protection laws.
• //Token delivery occurs on the VTT blockchain to the wallet address you provide. Incorrect addresses may result in permanent loss of tokens.
• //We reserve the right to cancel, modify, or pause any token sale round at our discretion.

DEX & BRIDGE

DECENTRALIZED EXCHANGE

The VTT DEX is an automated market maker operating on the VTT blockchain. By using the DEX, you acknowledge:

• //Trades are executed by smart contracts. Once submitted, transactions are irreversible.
• //Price slippage may occur between the time you submit a transaction and its execution.
• //Liquidity providers bear the risk of impermanent loss when providing liquidity to AMM pools.
• //We do not guarantee the availability, liquidity, or pricing of any trading pair.

BRIDGE

The cross-chain bridge enables transfers between VTT blockchain and Ethereum. By using the bridge, you acknowledge:

• //Bridge transfers involve smart contracts on multiple blockchains and may take varying amounts of time to complete.
• //Bridge delays may occur due to network congestion, validator processing times, or security checks.
• //Bridge transfers are subject to minimum and maximum amount limits.
• //In rare cases, bridge transfers may fail or require manual intervention. Contact support if a transfer does not complete within the expected timeframe.

PROHIBITED USE

You agree not to use the Platform for any of the following prohibited purposes:

• //Money laundering or terrorist financing.
• //Fraud, deception, or any form of market manipulation.
• //Sanctions evasion or transactions involving sanctioned persons, entities, or jurisdictions.
• //Hacking, exploiting vulnerabilities, or attempting to gain unauthorized access to the Platform or other users' accounts.
• //Distributing malware, viruses, or any harmful software.
• //Engaging in wash trading, front-running, or any form of market abuse.
• //Using the Platform to circumvent KYC/AML requirements.
• //Any activity that violates applicable local, national, or international laws.

We reserve the right to suspend or terminate access to the Platform for any user engaged in prohibited activities, and to report such activities to relevant authorities.

KYC/AML REQUIREMENTS

Certain Platform features require identity verification (Know Your Customer / Anti-Money Laundering compliance) in accordance with EU Anti-Money Laundering Directives (AMLD5 — Directive 2018/843/EU, AMLD6 — Directive 2018/1673/EU) and Italian D.Lgs. 231/2007 (Decreto Antiriciclaggio):

• //KYC is required for launchpad purchases exceeding applicable thresholds as determined by anti-money laundering regulations.
• //KYC may be required for bridge transfers above certain thresholds.
• //KYC is not required for basic wallet creation or on-chain token transfers.
• //Accepted documents: government-issued ID (passport, national ID card, or driver's license) combined with a selfie photograph for identity verification.
• //We reserve the right to reject KYC submissions and refuse service without obligation to disclose the reason for rejection.
• //We may request additional verification at any time if suspicious activity is detected.
• //Providing false, misleading, or fraudulent identity documents is strictly prohibited and may result in permanent account suspension and reporting to competent authorities, including the UIF (Unita di Informazione Finanziaria per l'Italia).

KYC data is collected and processed in accordance with our Privacy Policy. Identity documents are retained for 10 years after the end of the business relationship as required by Italian D.Lgs. 231/2007, Art. 31.

INTELLECTUAL PROPERTY

The Platform, including its design, code, content, logos, trademarks, and documentation, is the intellectual property of Alessandro Vettor and is protected by applicable intellectual property laws. You may not:

• //Copy, modify, distribute, or create derivative works based on the Platform without prior written consent.
• //Use the VTT or VETTOR trademarks, logos, or branding without authorization.
• //Reverse engineer, decompile, or disassemble any part of the Platform, except as permitted by open-source licenses where applicable.
• //Scrape, crawl, or use automated means to access the Platform beyond what is provided by our public APIs.

LIMITATION OF LIABILITY

To the maximum extent permitted by applicable law:

• //The Platform is provided "as is" and "as available" without warranties of any kind, whether express, implied, or statutory.
• //We do not warrant that the Platform will be uninterrupted, error-free, secure, or free from viruses or other harmful components.
• //We are not liable for any direct, indirect, incidental, special, consequential, or punitive damages arising from your use of the Platform.
• //We are not liable for losses resulting from: smart contract bugs, blockchain network failures, bridge delays or failures, token price volatility, regulatory actions, hacking or security breaches, or any third-party service failures (Stripe, Cloudflare, etc.).
• //Our total aggregate liability for any claims arising from or related to the Platform shall not exceed the amount you have paid to us in the 12 months preceding the claim.

Some jurisdictions do not allow the exclusion or limitation of certain warranties or liabilities. In such jurisdictions, our liability is limited to the maximum extent permitted by law.

RISK DISCLOSURE

By using the Platform, you acknowledge that you understand and accept the following risks inherent to blockchain technology and digital assets:

TOKEN VALUE RISK

Token value may fluctuate significantly or decline to zero. Past performance is not indicative of future results. VTT is not legal tender and is not backed by any government or central bank. Token prices are determined by market supply and demand and are not guaranteed or pegged to any external value. There is no guarantee that VTT will be listed on any centralized exchange.

LIQUIDITY RISK

Liquidity on the DEX may be insufficient for large trades, resulting in significant price impact (slippage). You may not be able to sell or exchange VTT tokens at a desired price or at all. Market depth can vary significantly across trading pairs and time periods.

SMART CONTRACT RISK

The VTT blockchain is experimental software. Smart contract vulnerabilities may result in permanent loss of funds. Despite testing and auditing efforts, smart contracts may contain bugs, vulnerabilities, or unexpected behavior. Smart contract interactions are irreversible once confirmed on-chain.

BRIDGE RISK

Bridge operations involve interaction with third-party blockchains (Ethereum, Base) which are outside our control. Cross-chain bridge transfers involve smart contracts on multiple blockchains and relayer infrastructure. Bridge operations may experience delays, failures, or security incidents that could result in temporary or permanent loss of bridged assets.

The bridge currently operates with a custodial relayer model where bridge funds are held in a single-key custodial arrangement. A compromise of the relayer key could result in loss of all bridged assets. The platform intends to transition to a decentralized multi-signature bridge in a future release, but no timeline is guaranteed. Users should limit their exposure to bridge-related custodial risk accordingly.

REGULATORY RISK

Regulatory changes in your jurisdiction may restrict or prohibit the use, transfer, or holding of VTT tokens. The regulatory landscape for digital assets and blockchain technology is rapidly evolving. Changes in laws or regulations may adversely affect the Platform, restrict access to certain features, or require changes to how the Platform operates. We may be required to cease operations in certain jurisdictions without prior notice.

SEED PHRASE LOSS

Loss of your wallet seed phrase results in permanent, irreversible loss of all assets associated with that wallet. There is no recovery mechanism. No individual or entity, including the Platform operators, can restore access to a wallet without the seed phrase.

NETWORK RISK

Blockchain networks may experience congestion, forks, attacks (including 51% attacks), or other disruptions that could affect transaction processing, finality, or the integrity of on-chain data.

CONSUMER PROTECTION

If you are a consumer within the meaning of Italian D.Lgs. 206/2005 (Codice del Consumo), the following provisions apply:

• //Right of withdrawal (diritto di recesso): pursuant to Art. 59, letter (o) of D.Lgs. 206/2005, the 14-day right of withdrawal does NOT apply to digital content (including crypto tokens) once delivery has started with the consumer's prior express consent and acknowledgment that the right of withdrawal is thereby lost.
• //By confirming a token purchase on the launchpad, you expressly consent to the immediate delivery of VTT tokens to your wallet and acknowledge the waiver of your right of withdrawal.
• //All mandatory consumer protections under Italian and EU law that cannot be excluded by agreement remain fully applicable.

For alternative dispute resolution (ADR), you may contact a consumer ADR body recognized under Italian D.Lgs. 130/2015. For online dispute resolution (ODR), you may use the European Commission's platform at ec.europa.eu/consumers/odr.

GOVERNING LAW

These Terms shall be governed by and construed in accordance with the laws of Italy, specifically the Italian Civil Code and D.Lgs. 70/2003 (Decreto sul commercio elettronico), without regard to conflict of law provisions.

Any disputes arising from or relating to these Terms or the use of the Platform shall be subject to the exclusive jurisdiction of the competent courts of Italy. If you are a consumer resident in the EU, you may also bring proceedings in the courts of your country of residence, in accordance with EU Regulation 1215/2012 (Brussels I bis).

For EU consumers: you may also use the European Commission's Online Dispute Resolution (ODR) platform at ec.europa.eu/consumers/odr to resolve disputes online.

CHANGES TO TERMS

We reserve the right to modify these Terms at any time. When we make material changes, we will update the "Last Updated" date at the top of this page and may notify users through the Platform interface.

Your continued use of the Platform after any changes constitutes acceptance of the revised Terms. If you do not agree with the updated Terms, you must discontinue use of the Platform.

We recommend reviewing these Terms periodically to stay informed of any updates.

CONTACT

If you have questions about these Terms of Service, please contact us: