Terms of Service

Last Updated: November 12, 2025
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1. Introduction
These Terms of Service (the “Terms” or this “Agreement”) govern your access to and use of:
- the website located at https://ethlas.com and any related subdomains or subpages (the “Website”), and
- any online services, content, founder or investor portals, and other functionality made available by Ethlas via the Website (together, the “Services”).

In these Terms:
- “Ethlas”, “we”, “us” or “our” means the owner and operator of the Website and Services; and
- “you” or “User” means any person or entity that accesses or uses the Website or Services.

Please read this Agreement carefully before using the Website or Services. By accessing, viewing, or downloading information from the Website or using the Services, you acknowledge that you have read, understood, and unconditionally agree to be bound by this Agreement.

If you do not agree with these Terms, you must not access or use the Website or Services.

‍2. Ethlas as a Venture Studio
Ethlas operates as a venture studio that works with founders and partners to build and support products and companies in the fields of blockchain and artificial intelligence (AI).

Through the Website and Services, we may:
- describe our venture studio model
- showcase portfolio ventures, products, and projects we have built or backed
- provide information and resources for founders, investors, and ecosystem partners, and
- provide access or links to other applications, dashboards, or smart contract-based products operated by Ethlas or its affiliates (collectively, “Ecosystem Products”).

Some Ecosystem Products may involve the use of digital assets or tokens (including but not limited to $ELS and other ecosystem tokens) or interaction with blockchain networks and smart contracts. Those products may be governed by their own separate terms, risk disclosures, and policies. If separate terms apply, they will govern your use of that Ecosystem Product, in addition to – and, where expressly stated, in priority over – this Agreement.
For clarity:Using the Website purely for information about our studio, portfolio, or team does not require you to hold or transact any token (including $ELS).

If you choose to interact with any Ecosystem Product or token, you do so voluntarily and at your own risk and may be subject to additional terms applicable to that product.

3. Changes to These Terms
We may update or modify this Agreement from time to time, in our sole discretion. When we do so, we will update the “Last Updated” date at the top of this page and may provide additional notice where required by law.

Your continued access or use of the Website or Services after any such changes become effective constitutes your acceptance of the revised Terms. If you do not agree with the updated Terms, you must stop using the Website and Services.

‍4. Eligibility and Compliance
4.1 Age and Capacity
The Website and Services are intended for users who are at least 18 years old (or the age of majority in your jurisdiction, if higher). By accessing or using the Website or Services, you represent and warrant that:
- you are at least 18 years of age (or such higher age of majority); and
- you have the legal capacity to enter into a binding contract with us.
If you access or use the Website or Services on behalf of a company or other legal entity, you represent and warrant that you have the authority to bind that entity, in which case “you” and “your” will refer to that entity.

4.2 Sanctions and Restricted Persons
By using the Website or Services, you represent and warrant that:
- you are not subject to economic or trade sanctions imposed by any governmental authority;
- you are not listed on any prohibited or restricted parties list (including lists maintained by the United Nations, the Office of Foreign Assets Control of the U.S. Department of the Treasury, or any similar authority); and
- you are not a citizen, resident, or organized in a jurisdiction or territory subject to comprehensive embargoes or sanctions by British Virgin Isles (BVI), the United States, or other relevant authorities, to the extent such status would prohibit your lawful use of the Services.

You are solely responsible for ensuring that your access and use of the Website and any Ecosystem Products comply with all laws and regulations applicable to you.

‍5. Accounts and Studio Portals
The Website may allow you to create an account or access a portal (for example, a founder, investor, or partner portal) (each, an “Account”).
- Your Account is personal to you or the entity you represent.
- You must not share your login credentials with any other person or create multiple Accounts without our prior consent.
- You are responsible for maintaining the confidentiality and security of your Account credentials and for any activities that occur under your Account.
You agree to notify us promptly of any unauthorized use of your Account or any other breach of security.

We may, in our sole discretion, suspend, restrict, or terminate your Account or access to the Website or Services if we believe you have violated this Agreement or applicable law, or if we consider such action reasonably necessary to protect the integrity of the Website, Services, or our ecosystem.

‍6. Use of the Website and Services
6.1 Acceptable Use
You agree that you will not:
- attempt to undermine the security or integrity of our systems or networks, or those of any third-party hosting provider;
- use the Website or Services in a manner that could impair their functionality or interfere with another user’s access;
- attempt to gain unauthorized access to any part of the Website or Services, other Accounts, or our underlying systems;
- upload, transmit, or otherwise make available any files, content, or data that:contain viruses, malware, or other harmful code,
- are unlawful, offensive, abusive, defamatory, obscene, or otherwise objectionable, or
- infringe any intellectual property or other rights of any third party;
- reverse engineer, decompile, disassemble, or otherwise attempt to derive the source code of any software used in connection with the Website or Services, except to the extent permitted by law;
- use the Website or Services in violation of any applicable law, including, without limitation, laws relating to sanctions, anti-money laundering, consumer protection, privacy, or financial services; or
- engage in any activity that, in our reasonable judgment, could damage, disable, overburden, or impair the Website, Services, or our reputation.

6.2 Ecosystem Products and Separate Terms
Certain Ecosystem Products (for example, trading protocols, risk dashboards, or other applications we build or support) may:
- run on one or more public blockchains (such as Ethereum, Solana, Base, Arbitrum, BNB Chain, or others), and/or
- be accessed via specialized smart contracts or separate app interfaces.
Where that is the case, your use of those Ecosystem Products may be governed by additional or separate terms of use, risk disclosures, or policies made available in connection with those products.
If there is any inconsistency between this Agreement and the terms applicable to a specific Ecosystem Product, the specific product terms will govern your use of that product to the extent of the inconsistency.

‍7. Digital Assets and $ELS – High-Level Disclosures
Ethlas may from time to time develop, support, or reference digital assets or tokens in its ecosystem, including the $ELS token and other related tokens (collectively, “Ecosystem Tokens”).
For clarity:
- The Website and venture studio Services can be used without holding or transacting any Ecosystem Token.
- Any decision to acquire, hold, stake, use, or otherwise interact with $ELS or any Ecosystem Token is your own decision, made at your own risk, and may be subject to additional terms.

Without limiting any other disclaimers in these Terms:
- Smart contract and protocol risk - Ecosystem Tokens are typically implemented by smart contracts on public blockchains. Smart contracts may contain vulnerabilities or may behave in ways that are unexpected or unintended.Transactions on public blockchains are generally irreversible, and unauthorized or erroneous transactions may not be recoverable.
- Network and fee risk - Transactions may require payment of network transaction fees (e.g., “gas” fees). These fees are determined by the underlying network and can fluctuate significantly.Network congestion, forks, or other technical issues may delay or prevent transactions from being processed.
- Custody and third-party risk - You are responsible for the security of your wallets, keys, and any custodial arrangements you use.Loss of private keys, seed phrases, or device access may result in the permanent loss of your digital assets.
- Regulatory and legal risk - The legal and regulatory treatment of digital assets, including $ELS and other Ecosystem Tokens, is evolving and may change.Such changes could affect the legality, usability, or value of digital assets.
Nothing on the Website or in the Services constitutes
- financial, investment, legal, or tax advice, or a recommendation to buy, sell, or hold any token, security, or other financial instrument.

‍8. Intellectual Property
8.1 Ownership
The Website, Services, and all related content and materials – including text, graphics, user interfaces, visual interfaces, photographs, trademarks, logos, sounds, artwork, computer code, and the design, structure, selection, coordination, expression, “look and feel,” and arrangement thereof – are owned by or licensed to Ethlas and are protected by intellectual property and other laws.
Except as expressly provided in this Agreement, you do not acquire any rights, title, or interest in or to any intellectual property rights in the Website or Services.

8.2 Limited License
Subject to your compliance with these Terms, we grant you a limited, revocable, non-exclusive, non-transferable, non-sublicensable license to:
- access and use the Website and Services for your personal or internal business purposes; and
- view, download, and print reasonable portions of content from the Website for informational, non-commercial use only,
provided that:
- you retain all copyright and other proprietary notices; and
- you do not modify, copy, distribute, transmit, display, perform, reproduce, publish, license, create derivative works from, transfer, or sell any information, software, products, or services obtained from the Website without our prior written consent.

‍9. Data Protection and Privacy
Your use of the Website and Services is also governed by our Privacy Policy, which forms part of this Agreement.
Ethlas will handle any Personal Data (as defined under applicable data protection laws) in accordance with the Privacy Policy and applicable law.
By using the Website or Services, you acknowledge and agree that we may collect, use, and disclose your Personal Data as described in the Privacy Policy.

‍10. Third-Party Websites and Services
The Website and Services may contain links to, or integrations with, third-party websites, applications, or services that are not owned or controlled by Ethlas.
- We do not endorse, control, or assume any responsibility for any third-party content, websites, products, or services.
- Your use of any third-party site or service is at your own risk and may be subject to separate terms and policies.
Ethlas shall not be liable for any loss or damage arising from your use of, or reliance on, any third-party site, service, or content.

‍11. No Investment, Financial, or Professional Advice
All information provided on or through the Website or Services is for general informational purposes only.
- Nothing on the Website or in the Services constitutes or should be construed as investment, financial, legal, tax, or other professional advice.
- No content on the Website is an offer to sell or the solicitation of an offer to buy any securities, tokens, or other financial instruments in any jurisdiction where such offer or solicitation would be unlawful.
You are solely responsible for evaluating any information provided and for making your own independent decisions regarding any interaction with Ethlas, our ventures, or any digital assets.

‍12. Warranties and Disclaimers
To the maximum extent permitted by applicable law, the Website and Services are provided on an “as is” and “as available” basis, without any warranties of any kind, whether express, implied, statutory, or otherwise, including but not limited to any implied warranties of merchantability, fitness for a particular purpose, title, or non-infringement.
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Without limiting the foregoing, Ethlas does not warrant that:
- the Website or Services will be uninterrupted, timely, secure, or error-free;
- any information or content provided through the Website or Services is accurate, complete, or up to date; or
- any defects or errors will be corrected.
You acknowledge and agree that your use of the Website and Services is at your own risk.

‍13. Limitation of Liability
To the maximum extent permitted by applicable law:
- Ethlas, its affiliates, and their respective directors, officers, employees, agents, contractors, and licensors shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or business opportunities, arising out of or in connection with your access to or use of (or inability to use) the Website, Services, or any Ecosystem Products, whether based on contract, tort, negligence, strict liability, or any other legal theory, even if we have been advised of the possibility of such damages; and
- in no event shall Ethlas’ aggregate liability arising out of or relating to this Agreement or your use of the Website or Services exceed the greater of:
(a) the total amount, if any, paid by you to Ethlas specifically for access to paid features of the Services during the twelve (12) months prior to the event giving rise to the claim; and
(b) one hundred US dollars (US$100).
Some jurisdictions do not allow the exclusion or limitation of certain damages, so some of the above exclusions and limitations may not apply to you. In such cases, the liability of Ethlas shall be limited to the fullest extent permitted by applicable law.

‍14. Indemnity
You agree to indemnify, defend, and hold harmless Ethlas, its affiliates, and their respective directors, officers, employees, agents, contractors, and licensors from and against any and all claims, demands, actions, proceedings, losses, liabilities, damages, costs, and expenses (including reasonable legal fees) arising out of or relating to:
- your access to or use of the Website, Services, or any Ecosystem Products
- any breach or alleged breach by you of this Agreement; or
- any violation by you of any applicable law or the rights of any third party.

‍15. Geographic and Jurisdictional Restrictions
The information and content on the Website are not intended for distribution to, or use by, any person or entity in any jurisdiction where such distribution or use would be contrary to law or regulation, or which would subject Ethlas to any registration or licensing requirement within such jurisdiction.
If you choose to access the Website or Services from outside of British Virgin Isles (BVI), you do so on your own initiative and are solely responsible for compliance with any applicable local laws.

‍16. General Provisions
Entire Agreement. This Agreement, together with any supplemental terms referenced herein (including our Privacy Policy and any specific terms for Ecosystem Products), constitutes the entire agreement between you and Ethlas regarding the subject matter hereof.

‍Severability. If any provision of this Agreement is held to be invalid or unenforceable, that provision will be enforced to the maximum extent permissible and the remaining provisions will remain in full force and effect.

‍No Waiver. No waiver of any term of this Agreement shall be deemed a further or continuing waiver of such term or any other term.

‍Assignment. You may not assign or transfer this Agreement or any rights or obligations hereunder without our prior written consent. We may freely assign or transfer this Agreement, in whole or in part, without restriction.

‍Governing Law and Dispute Resolution. This Agreement and any dispute arising out of or in connection with it shall be governed by and construed in accordance with the laws of the British Virgin Isles (BVI), without regard to conflict-of-laws principles. You agree to submit to the exclusive jurisdiction of the courts of British Virgin Isles (BVI) with respect to any dispute arising out of or relating to this Agreement, subject to any mandatory arbitration or other dispute resolution provisions set out in any supplemental terms, if applicable.