LFG Terms and Conditions
Welcome to LFG!
These Terms and Conditions ("Terms") govern your use of the LFG Core Sale Platform ("Platform"), operated by LFG Incorporated Limited ("LFG"), which facilitates the self-serve purchase and management of third-party Core licenses ("Cores" or "Nodes"). By accessing or using the Platform or purchasing a Node, you agree to be bound by these Terms.
Important: LFG does not manage or operate any Nodes or issue rewards and provides no technical or operational support. LFG only provides the Platform as a sales and configuration service. All responsibilities beyond purchase remain solely with the third-party project ("Issuer"). By using the Platform, you acknowledge that LFG does not perform due diligence on Issuers or their projects, and listing on the Platform does not imply any endorsement, guarantee, or vetting by LFG.
1. DEFINITIONS
1.1 "Platform" means the LFG Node Sale Platform.
1.2 "LFG" refers to LFG Incorporated, the operator of the Platform.
1.3 "Core" or "Node" means a license, token, or NFT granting the right to operate a node or access Issuer-defined utility.
1.4 "Participant" means any individual or entity that purchases a Node via the Platform.
1.5 "Issuer" means the third-party project responsible for managing Node operation, royalties, funding distribution, utility, and rewards.
1.6 "Smart Contract" means the on-chain logic governing Node issuance, referral attribution, funding flows, and any other automated features.
1.7 "Personal Data" means information relating to an identified or identifiable natural person, including names, email addresses, blockchain wallet addresses, or other identifiers collected by the Platform.
2. PLATFORM ROLE & SCOPE
2.1 LFG acts solely as the Platform provider for Core sales and configurations.
2.2 LFG does not operate, support, or provide maintenance for any Core.
2.3 LFG has no responsibility for royalties, pricing tiers, referral terms, or funding models configured by Issuers.
2.4 All operational, reward, funding, or royalty-related matters are solely between the Participant and the Issuer.
2.5 LFG is not a party to any agreement between Participants and Issuers regarding rewards, royalties, staking, utilities, or other benefits, and shall have no liability arising from such agreements.
3. ELIGIBILITY
3.1 You must be at least 18 years of age and legally eligible in your jurisdiction.
3.2 You must not reside in or be a citizen of a sanctioned or restricted region.
3.3 By participating, you affirm compliance with all applicable laws and regulations.
3.4 You are solely responsible for determining whether participation is legal under the laws of your jurisdiction, and you assume all related legal risks.
4. PURCHASE TERMS
4.1 All sales are final to the fullest extent permitted by applicable law. Refunds are only possible if the Issuer has configured a funding target and the Smart Contract automatically provides refunds when that target is not met.
4.2 Payment methods are defined by the Issuer and listed at checkout.
4.3 Core issuance occurs via Smart Contract and is final once confirmed on-chain.
4.4 LFG is not responsible for misdirected payments, incorrect addresses, loss of access due to user error, or refund execution failures.
4.5 LFG does not review, verify, or control wallet addresses provided by Issuers and bears no responsibility for incorrect or fraudulent configurations.
5. CORE OPERATION
5.1 Core (or Node) setup, operation, and uptime are the sole responsibility of the Participant.
5.2 Hardware, software, and internet requirements must be met by the Participant.
5.3 LFG does not provide dashboards, uptime tracking, or monitoring beyond the sale process.
5.4 Issuers are solely responsible for the accuracy of any technical requirements or representations about node operation, and LFG disclaims any liability for misleading or inaccurate Issuer statements.
6. REWARDS, UTILITY & ROYALTIES
6.1 Any rewards, staking rights, utilities, or royalties are issued solely by the Issuer.
6.2 LFG does not guarantee returns, token value, reward continuity, or marketplace enforcement of royalties (e.g., OpenSea policies).
6.3 Issuers configure royalty distribution, wallet splits, and percentages; LFG is not responsible for errors, disputes, or third-party marketplace enforcement.
6.4 All tax obligations arising from rewards, royalties, or resales remain with the Participant.
6.5 Participants acknowledge that rewards or royalties may be deemed securities, taxable income, or otherwise regulated under applicable law, and assume full responsibility for compliance.
7. FUNDING DISTRIBUTION
7.1 Issuers may configure funding thresholds, recipient wallets, and automated disbursement rules.
7.2 If an Issuer configures a funding target, Smart Contract logic may provide automatic refunds to Participants if the target is not reached.
7.3 LFG does not hold, guarantee, or administer refunds; any refund mechanism is defined solely by the Issuer and executed via Smart Contract.
7.4 LFG disclaims liability for failed, incomplete, or erroneous disbursements caused by Issuer configurations or smart contract errors.
8. PRICING & TIERS
8.1 Issuers determine pricing models, including tiered pricing, caps, and automatic adjustments.
8.2 LFG is not responsible for mispricing, tier exhaustion, or failure of automatic pricing mechanisms.
8.3 Participants accept that Core prices may increase, decrease, or sell out per Issuer configuration.
8.4 LFG is not responsible for typographical errors or inaccurate pricing displayed on the Platform.
9. REFERRALS
9.1 Issuers may enable referral logic, discounts, or rewards in the Platform.
9.2 Referral attribution and payouts are executed by Issuer-configured Smart Contracts.
9.3 LFG is not responsible for referral misattribution, failed payouts, or disputes.
9.4 Issuers and Participants agree not to configure or use referral features in ways that violate applicable anti-pyramid, marketing, or consumer protection laws.
10. RISKS
10.1 Core purchases involve risk, including project failure, token devaluation, smart contract bugs, and regulatory uncertainty.
10.1a Risks also include cyberattacks, hacks, loss of private keys, permanent loss of digital assets, and potential legal classification of Cores or Nodes as securities or regulated instruments.
10.2 LFG disclaims all liability for project outcomes, royalties, referrals, pricing, funding flows, or NFT resale activity.
10.3 By purchasing, you assume all risk and waive claims against LFG.
11. LIMITATION OF LIABILITY
11.1 The Platform is provided "as-is" without warranties or guarantees.
11.2 To the maximum extent permitted by applicable law, LFG is not liable for direct, indirect, incidental, or consequential damages, including loss of rewards, royalties, or resale value. This limitation does not exclude liability for fraud, willful misconduct, or liability that cannot legally be excluded.
11.3 LFG does not mediate or resolve disputes between Participants and Issuers.
12. TERMINATION & ACCESS RESTRICTION
12.1 LFG may restrict or terminate Platform access for suspected abuse, fraud, or non-compliance.
12.2 LFG may delist Core offerings or configurations at its sole discretion without notice.
12.3 Termination does not affect obligations accrued before termination, including payment obligations.
13. MODIFICATIONS
13.1 LFG may amend these Terms at any time by publishing an updated version.
13.2 Continued use of the Platform constitutes acceptance of revised Terms. LFG will provide reasonable notice of material changes when practicable, and Participants who disagree with such changes may discontinue use of the Platform.
14. GOVERNING LAW
14.1 These Terms shall be governed by the laws of Hong Kong.
14.2 Disputes shall be resolved through final and binding arbitration in English.
14.3 Nothing in this clause limits any non-waivable statutory rights available to consumers in their jurisdiction.
15. COMPLIANCE & SANCTIONS
15.1 You may not use the Platform for unlawful purposes, including money laundering, sanctions evasion, or terrorism financing.
15.2 LFG may block access or report suspicious activity in compliance with applicable laws.
15.3 LFG reserves the right to require identity verification (KYC/AML) at any time, including after purchase, as a condition of continued access.
16. CONTACT
For legal or compliance inquiries, please contact: legal@lfg.inc