Legal Information
Terms of service, privacy policy, and important legal disclosures for the Playlist Token Protocol.
Terms of Service
1. Acceptance of Terms
By accessing or using the Playlist Token Protocol ("Protocol"), you agree to be bound by these Terms of Service ("Terms"). If you disagree with any part of these terms, then you may not access the Protocol.
2. Description of Service
The Playlist Token Protocol is a decentralized platform for music curation and rewards built on the Solana blockchain. The Protocol enables users to:
- • Create and register playlist NFTs
- • Stake $PLAY tokens on playlists
- • Earn rewards based on playlist performance
- • Participate in protocol governance
3. User Responsibilities
Users are responsible for:
- • Maintaining the security of their wallet and private keys
- • Ensuring compliance with applicable laws and regulations
- • Understanding the risks associated with blockchain technology
- • Providing accurate information when creating playlists
- • Respecting intellectual property rights
4. Prohibited Activities
Users may not:
- • Engage in fraudulent staking or voting manipulation
- • Create playlists containing copyrighted material without permission
- • Attempt to exploit or manipulate the protocol's reward mechanisms
- • Use automated systems to artificially inflate metrics
- • Violate any applicable laws or regulations
5. Token Risks
$PLAY tokens are digital assets with inherent risks including price volatility, smart contract vulnerabilities, and regulatory uncertainty. Users should only stake amounts they can afford to lose.
6. Disclaimer of Warranties
The Protocol is provided "as is" without warranties of any kind. We do not guarantee continuous, uninterrupted or secure access to the Protocol.
7. Limitation of Liability
To the maximum extent permitted by law, we shall not be liable for any indirect, incidental, special, consequential, or punitive damages arising from your use of the Protocol.
8. Changes to Terms
We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting. Continued use of the Protocol constitutes acceptance of modified Terms.
Privacy Policy
1. Information We Collect
On-Chain Data
All blockchain transactions are public and permanently recorded on the Solana blockchain. This includes wallet addresses, transaction amounts, and smart contract interactions.
Off-Chain Data
We may collect limited off-chain data including IP addresses, browser information, and usage analytics to improve the Protocol's performance and user experience.
Third-Party Integration Data
When you connect external accounts (like Spotify), we collect only the minimum data necessary to verify playlist performance metrics through our oracle network.
2. How We Use Information
- • To operate and maintain the Protocol
- • To verify playlist performance metrics
- • To prevent fraud and ensure protocol security
- • To improve user experience and Protocol functionality
- • To comply with legal obligations
3. Data Sharing and Disclosure
We do not sell personal information. We may share data:
- • With oracle network nodes for verification purposes
- • When required by law or legal process
- • To protect our rights or the safety of users
- • With service providers who assist in Protocol operations
4. Data Security
We implement appropriate technical and organizational measures to protect your information. However, no method of transmission over the internet is 100% secure.
5. Your Rights
Depending on your jurisdiction, you may have rights to:
- • Access your personal information
- • Correct inaccurate information
- • Request deletion of your information
- • Object to processing of your information
- • Data portability
6. Cookies and Tracking
We use cookies and similar technologies to enhance your experience. You can control cookie settings through your browser preferences.
7. Contact Information
For privacy-related questions or requests, contact us at privacy@playlistprotocol.com
Risk Disclaimers
Financial Risks
High Volatility: $PLAY tokens and blockchain assets are subject to extreme price volatility. You may lose all or part of your investment.
No Guaranteed Returns: Staking rewards are not guaranteed and depend on playlist performance, market conditions, and protocol parameters.
Illiquidity Risk: Staked tokens may be subject to lock-up periods, preventing immediate withdrawal.
Technical Risks
Smart Contract Risk: The Protocol relies on smart contracts which may contain bugs, vulnerabilities, or behave unexpectedly.
Oracle Dependency: The Protocol depends on external data feeds which may be delayed, inaccurate, or manipulated.
Blockchain Risk: The Solana network may experience congestion, downtime, or other technical issues.
Regulatory Risks
Regulatory Uncertainty: Cryptocurrency and DeFi regulations are evolving and may impact the Protocol's operation or your ability to participate.
Compliance Requirements: You are responsible for ensuring your participation complies with applicable laws in your jurisdiction.
Tax Implications: Token transactions may have tax consequences. Consult a tax professional.
Third-Party Integration Risks
Platform Dependency: The Protocol currently integrates with Spotify and other third-party platforms which may change their APIs or terms of service.
Account Risks: Your connected third-party accounts may be suspended, terminated, or compromised, affecting your participation.
Data Accuracy: Third-party data may be inaccurate, delayed, or manipulated, affecting reward calculations.
Important Notice
This Protocol is experimental technology. Only participate with funds you can afford to lose entirely. Past performance does not indicate future results. No investment advice is provided.
For questions about these disclosures, contact legal@playlistprotocol.com