TERMSOF USE

These Terms of Use ("Terms") govern your use of yay.network ("we," "us," or "our") and apply to all users, members, and others who access the platform. By accessing or using our website, services, or products, including but not limited to participating in any investment deals offered through our syndicate or staking our token (YAY), you agree to be bound by these Terms. Please read them carefully before using our services.

1. Acceptance of Terms

By accessing or using our services, you confirm that you:

• Are at least 18 years old.
• Have read, understood, and agree to be bound by these Terms.
• Meet all legal requirements in your jurisdiction to enter into a legally binding contract.
• Are not prohibited from using our services under applicable laws.

If you do not agree with any part of these Terms, you may not use our services.

2. Changes to Terms

We may update or modify these Terms from time to time at our discretion. Any changes will be effective immediately when we post the revised Terms on the website. It is your responsibility to review these Terms periodically. Continued use of the services after any changes constitutes your acceptance of the modified Terms.

3. Description of Services

YAY Network is a crypto investing syndicate that offers opportunities for users to invest in curated crypto deals. To participate in these investment deals, users must purchase and stake our token, YAY. By staking YAY, users get access to allocations based on the number of tokens they stake.

The platform does not provide financial, investment, or legal advice. All investments carry inherent risks, and we encourage users to conduct their own research and seek professional advice before making any investment decisions.

4.1 Eligibility for Participation

To participate in any investment deal or use our services, you must:

• Pass our Know Your Customer (KYC) verification.
• Comply with Anti-Money Laundering (AML) regulations.
• Stake the required amount of YAY tokens in your account to receive allocations.
• Agree to the terms of each specific investment deal, which may have additional restrictions or requirements.

Important: Our services are not available to citizens or residents of the United States or any other jurisdiction where such services would be restricted or illegal under applicable laws and regulations. By using our platform, you represent and warrant that:

• You are not a U.S. citizen, U.S. resident (including green card holders), or located in the United States.
• You are not using the services on behalf of any U.S. citizen or resident.

Failure to meet any eligibility criteria, including this restriction on U.S. users, may result in the termination of your access to the services or loss of your investment privileges.

4.2 Restricted Jurisdictions

United States, North Korea, Iran, Syria, Cuba, Venezuela, Crimea, Sudan, Myanmar (Burma), Yemen, Lebanon, Democratic Republic of the Congo (DRC), Zimbabwe, Afghanistan, Eritrea, Libya, South Sudan.

Why These Countries are Blacklisted

• AML/KYC Compliance: Many of these countries have been sanctioned due to concerns about terrorism financing, money laundering, or widespread financial crimes, which makes them high-risk jurisdictions under international AML standards.
• International Sanctions: Global organizations such as the United Nations (UN), the U.S. Office of Foreign Assets Control (OFAC), and the European Union (EU) have imposed economic or financial sanctions on these countries, making it illegal or risky to provide financial services (including crypto investments) to residents or entities in these regions.
• Local Legal Restrictions: Some of these countries have internal restrictions on cryptocurrencies, making it difficult or illegal for residents to participate in crypto-related activities.

5.1 KYC Process

• You must provide accurate and up-to-date personal information, including, but not limited to, full name, date of birth, government-issued identification, and proof of address.
• We may request additional documentation at any time to verify your identity.
• You authorize us to share your KYC information with third-party providers for the purpose of identity verification.
• Failure to pass the KYC process will result in restricted access to our services.

5.2 AML Policies

• You confirm that you are using funds obtained through legal means and that you are not involved in any activities that may violate AML regulations.
• You agree to cooperate with any investigation or inquiry we or any regulatory authority may conduct to comply with AML laws.
• We reserve the right to freeze your account, block transactions, or report suspicious activity if we suspect any violation of AML regulations.

6. Use of the YAY Token

The YAY token is the utility token of our platform. It must be purchased and staked in order to participate in investment opportunities. By purchasing, staking, or transacting with the YAY token, you acknowledge and agree to the following:

• The YAY token is not a security, and its value can fluctuate.
• We do not guarantee any return on investment or profits.
• You are responsible for securing your YAY tokens in your wallet and ensuring that your private keys and passwords are safe.

7. Investment Risks

Investing in cryptocurrencies and blockchain-related projects carries significant risk. By participating in any investment deals through our platform, you acknowledge and agree to the following:

• Cryptocurrency investments are volatile, and you may lose all or a portion of your investment.
• Past performance is not indicative of future results.
• We do not provide any guarantees or warranties regarding the success or returns of any investment.
• You are solely responsible for your investment decisions and agree to hold us harmless for any loss or damage arising from your investments.

8. Account Suspension and Termination

We reserve the right to suspend or terminate your account at our discretion if you:

• Violate these Terms.
• Fail to comply with our KYC/AML policies.
• Engage in any suspicious or unlawful activities.
• Provide false or misleading information.

In the event of account suspension or termination, any staked YAY tokens or ongoing investments may be affected, and you may lose access to the platform and its services.

9. Intellectual Property

All content, materials, and intellectual property on yay.network, including but not limited to logos, designs, text, graphics, and software, are owned by or licensed to us. You may not reproduce, distribute, modify, or create derivative works from any content on our platform without our prior written consent.

10. Disclaimers and Limitation of Liability

Our services are provided "as-is" and "as available" without warranties of any kind, either express or implied. We do not guarantee that our platform will be free from errors, interruptions, or security breaches.

To the fullest extent permitted by law, we disclaim all liability for:

• Any direct, indirect, incidental, or consequential damages arising from your use of the platform or investments made through our services.
• Loss of tokens, data, or profits due to hacks, technical failures, or errors.

11. Indemnification

You agree to indemnify, defend, and hold harmless yay.network, its affiliates, officers, directors, employees, and agents from and against any claims, damages, losses, liabilities, and expenses (including legal fees) arising out of or related to:

• Your use of the platform.
• Your violation of these Terms.
• Your breach of any applicable law or regulation.

12. Governing Law and Dispute Resolution

The Agreement and any matters relating hereto shall be governed by, and construed in accordance with, the laws of the Marshall Islands. You irrevocably agree that, subject as provided below, the courts of the Marshall Islands shall have exclusive jurisdiction in relation to any claim, dispute or difference concerning the Agreement and any matter arising therefrom and irrevocably waive any right that it may have to object to an action being brought in those courts, or to claim that the action has been brought in an inconvenient forum, or that those courts do not have jurisdiction.

Nothing in this clause shall limit the right of YAY Network to take proceedings against you in any other court of competent jurisdiction, nor shall the taking of proceedings in any one or more jurisdictions preclude the taking of proceedings in any other jurisdictions, whether concurrently or not, to the extent permitted by the law of such other jurisdiction.

13. Contact Information

If you have any questions about these Terms or require further information, please contact us at: [email protected]