Terms of Service

1. Agreement to Terms

By accessing or using LEAP Protocol ("Platform"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, you may not access the Platform.

LEAP is a blockchain-powered marketplace for invoice factoring that connects businesses seeking working capital with investors looking for secured, short-term investment opportunities.

2. Eligibility

To use LEAP, you must:

• Be at least 18 years old
• Have the legal capacity to enter into binding contracts
• Complete our identity verification (KYC) process
• Not be located in a jurisdiction where our services are prohibited
• Not be on any sanctions lists or prohibited persons lists

Business accounts must be registered legal entities in good standing.

3. Account Registration

You must provide accurate, complete, and current information during registration. You are responsible for safeguarding your account credentials and for all activities under your account. Notify us immediately of any unauthorized access.

4. Platform Services

For Businesses (Sellers)

• You may list outstanding invoices for sale through auction or fixed-price listings
• All invoice information must be accurate and truthful
• You represent that you have the legal right to sell the invoices
• You agree to the AI-powered verification and fraud detection process
• Fees apply to successful transactions as specified in our fee schedule

For Investors (Buyers)

• You may bid on or purchase invoices listed on the Platform
• Investment decisions are made at your own risk
• AI risk scores and ratings are informational only, not guarantees
• You understand that invoice investments carry risk of non-payment
• Returns are not guaranteed

5. Fees and Payments

LEAP charges fees for successful transactions as outlined in our current fee schedule. All fees are non-refundable unless otherwise stated. We reserve the right to modify fees with reasonable notice.

Payments are processed through smart contracts on the blockchain. You are responsible for any gas fees or network costs associated with blockchain transactions.

6. Blockchain Transactions

You acknowledge and agree that:

• Blockchain transactions are irreversible once confirmed
• You are solely responsible for your wallet security
• Lost private keys cannot be recovered by LEAP
• Smart contract execution is automatic and binding
• Network congestion may affect transaction timing

7. Prohibited Activities

You agree not to:

• Submit fraudulent invoices or falsified information
• Manipulate bidding or pricing mechanisms
• Use the Platform for money laundering or illegal activities
• Attempt to circumvent security measures
• Interfere with the Platform's operation
• Violate any applicable laws or regulations
• Infringe on intellectual property rights

8. Risk Disclosure

9. Intellectual Property

The Platform, including its design, features, and content, is owned by LEAP Protocol and protected by intellectual property laws. You may not copy, modify, distribute, or create derivative works without our written permission.

10. Disclaimers

THE PLATFORM IS PROVIDED "AS IS" WITHOUT WARRANTIES OF ANY KIND. WE DISCLAIM ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT. WE DO NOT GUARANTEE UNINTERRUPTED OR ERROR-FREE SERVICE.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, LEAP SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR INVESTMENTS, REGARDLESS OF THE CAUSE OF ACTION.

12. Indemnification

You agree to indemnify and hold harmless LEAP, its officers, directors, employees, and agents from any claims, damages, losses, or expenses arising from your use of the Platform or violation of these Terms.

13. Dispute Resolution

Any disputes arising from these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall take place in New York, NY. You waive any right to participate in class actions.

14. Governing Law

These Terms shall be governed by and construed in accordance with the laws of the State of New York, without regard to its conflict of law provisions.

15. Termination

We may terminate or suspend your account at any time for violations of these Terms or for any other reason at our discretion. Upon termination, your right to use the Platform ceases immediately. Provisions that should survive termination will remain in effect.

16. Changes to Terms

We reserve the right to modify these Terms at any time. We will provide notice of material changes. Your continued use of the Platform after changes constitutes acceptance of the modified Terms.

17. Contact Information

For questions about these Terms, please contact us at: