Terms of Use

Last Updated: 2025-03-18

Introduction

Welcome to LEA, a blockchain-powered investment platform designed to connect investors and project owners through decentralized funding and governance. LEA is a technology platform facilitating decentralized transactions and governance but does not provide financial services or investment advisory. By accessing or using our platform, you agree to comply with these Terms & Conditions.

User Eligibility

To use LEA, you must:

  1. Be at least 18 years old and possess the legal capacity to enter into a binding agreement.
  2. Comply with all applicable local laws and regulations regarding cryptocurrency transactions, including any tax reporting obligations that may arise from using digital assets.
  3. Not be located in any jurisdiction where participation in blockchain-based investments is restricted, including but not limited to regions under economic sanctions or with strict cryptocurrency regulations.
  4. Ensure that your use of LEA does not contravene any legal obligations in your country of residence.

Investment & Staking Risks

  1. Investing and staking in blockchain projects involve financial risks, including but not limited to:
  2. Market volatility: The value of digital assets can fluctuate significantly due to changes in market demand, regulatory shifts, or macroeconomic factors.
  3. Smart contract vulnerabilities: Despite rigorous security audits, no blockchain system is entirely immune to bugs, hacking attempts, or unforeseen exploits.
  4. Regulatory changes: Governments and financial institutions worldwide continue to develop their stance on cryptocurrencies, and legal changes could impact your ability to use or withdraw tokens.
  5. Liquidity risks: Certain assets may experience low trading volumes, making it difficult to buy or sell at desired prices.
  6. Project failure risks: Projects funded on LEA are subject to execution risks, including financial mismanagement, operational challenges, and market competition.
  7. LEA does not guarantee investment returns, and users assume full responsibility for their financial decisions.

Project Owner Responsibilities

  1. Project owners seeking funding through LEA must:
  2. Provide accurate, transparent, and up-to-date project details, including objectives, milestones, and financial structures.
  3. Comply with all relevant financial and regulatory requirements, including licensing or legal obligations in their operating jurisdictions.
  4. Use funds exclusively for the stated project objectives and maintain full accountability for expenditure.
  5. Accept that funding decisions are subject to community voting and that they cannot be guaranteed support from stakers or investors.
  6. Provide regular progress updates to the LEA community, ensuring transparency and ongoing trust.
  7. Recognize that failing to meet commitments or misleading the community may result in loss of reputation and difficulty securing future funding.

DAO Governance & Community Participation

  1. LEA operates as a Decentralized Autonomous Organization (DAO), where token holders participate in decision-making. Users agree to:
  2. Respect community governance decisions and acknowledge that voting outcomes are final.
  3. Follow fair voting practices without manipulation, including avoiding vote buying or using multiple wallets to influence outcomes.
  4. Accept that governance proposals and funding decisions are subject to change based on community consensus, and no individual has unilateral control over the ecosystem.
  5. Acknowledge that LEA, as a DAO, does not have the ability to suspend or terminate user accounts, as the platform is designed to operate in a decentralized manner without administrative intervention.
  6. Engage constructively in governance discussions and adhere to community guidelines to maintain a fair and transparent decision-making process.

Token Usage & Compliance

  1. Utility: LEA tokens ($LEA) are used for governance, staking, and transaction fees within the platform.
  2. Non-equity nature: Tokens do not represent ownership, equity, or legal claims against LEA or any associated entity.
  3. Regulatory compliance: Users must comply with AML (Anti-Money Laundering) and KYC (Know Your Customer) requirements where applicable and ensure that their transactions are in compliance with their country’s financial laws.
  4. Withdrawal restrictions: Before the public ICO launch, fund withdrawals will not be available. After the ICO, tokens can be freely traded within the ecosystem and external exchanges, subject to market conditions and liquidity.
  5. Tax obligations: Users are responsible for reporting and paying any applicable taxes related to their participation in staking, trading, or governance.

Prohibited Activities

Users must not engage in:

  1. Fraudulent activities: Including misleading investment claims, impersonation, or misrepresentation of projects.
  2. Market manipulation: Activities such as wash trading, pump-and-dump schemes, or artificial price inflation of tokens.
  3. Unauthorized access: Attempting to breach LEA’s smart contract infrastructure, tampering with platform code, or exploiting system vulnerabilities.
  4. Illegal financial practices: Including money laundering, financing of illicit activities, or violating international financial regulations.
  5. Spam and abuse: Using the platform for unsolicited promotions, irrelevant content, or disruptive behaviors.
  6. Any action that violates applicable laws or platform rules.

Liability & Disclaimers

  1. LEA provides the platform “as is” without warranties of any kind, including but not limited to the implied warranties of merchantability and fitness for a particular purpose.
  2. LEA is not responsible for investment losses, regulatory issues, or smart contract vulnerabilities that may impact token functionality.
  3. User security: Users are responsible for their own security practices, including protecting private keys, securing wallets, and using best practices for blockchain transactions.
  4. Force majeure clause: LEA is not liable for losses resulting from force majeure events, including regulatory bans, cyberattacks, market crashes, or unforeseen technical failures that may impact platform operations.

Privacy & Data Handling

  1. LEA collects and processes minimal user data required for platform operation, ensuring a privacy-first approach.
  2. Users consent to data collection practices as outlined in our Privacy Policy, and any modifications will be communicated in advance.
  3. LEA does not sell or share personal data with third parties without explicit user consent, except where required by law or compliance regulations.
  4. Users interacting with third-party services through LEA are responsible for reviewing and accepting those services’ privacy policies independently.

Dispute Resolution

  1. Any disputes arising from platform usage shall first be addressed through community-based mediation, allowing token holders to deliberate and resolve conflicts transparently.
  2. If unresolved, disputes shall be settled through arbitration in a neutral jurisdiction mutually agreed upon by the disputing parties.
  3. Jurisdiction: As a DAO, LEA does not impose jurisdictional governance but adheres to the regulatory framework applicable to users based on their country of origin. Users are responsible for ensuring compliance with local laws before participating.

Changes to Terms of Use

LEA reserves the right to update these Terms & Conditions at any time to reflect changes in platform functionality, legal requirements, or governance decisions. Users will be notified of significant changes through the platform.

By using LEA, you acknowledge that you have read, understood, and agreed to these Terms & Conditions.

For further inquiries, contact: [support@getlea.org]