Blockchain & Cryptocurrency Terms

Last updated: July 9, 2026

1. Definitions

For the purposes of these Blockchain Terms, the following definitions apply:

• "Blockchain" refers to a distributed ledger technology that uses cryptographic techniques to record and verify transactions across multiple computers.
• "Cryptocurrency" refers to digital or virtual currency that uses cryptography for security and operates independently of a central authority.
• "Digital Asset" refers to a cryptographically secured digital representation of value or rights that uses blockchain or similar technology, including but not limited to cryptocurrencies, tokens, and NFTs.
• "Wallet" refers to a software application or hardware device used to store private and public keys for blockchain transactions and to interface with various blockchain systems to enable users to send and receive digital assets and monitor their balance.
• "Smart Contract" refers to self-executing code deployed on a blockchain that automatically implements terms of an agreement when predetermined conditions are met.
• "NFT" (Non-Fungible Token) refers to a unique digital identifier that cannot be copied, substituted, or subdivided, that is recorded on a blockchain and used to certify authenticity and ownership.
• "DApp" (Decentralized Application) refers to an application that runs on a distributed computing system, typically using blockchain technology.
• "Web3" refers to a vision of the internet built on blockchain technologies, emphasizing decentralization, token-based economics, and peer-to-peer interactions.

2. Scope of Services

TerminalStreet LLC ("TerminalStreet," "we," "us," "our") offers various blockchain and cryptocurrency related services, which may include:

• Smart contract design, development, and security auditing
• Decentralized application (DApp) development
• Blockchain integration and oracle services
• Web3 infrastructure and governance systems
• Enterprise blockchain solutions and private networks
• Decentralized finance (DeFi) protocol development
• End-to-end blockchain development and implementation
• Token economics design and implementation
• Consulting and advisory services related to blockchain technologies

The specific services provided to you will be outlined in a separate service agreement or statement of work.

3. Regulatory Status and Compliance

3.1 Not a Financial Service Provider

TerminalStreet is a technology services provider. We are not a bank, securities firm, financial institution, financial service provider, or cryptocurrency exchange. We do not provide custody, exchange, or wallet services for cryptocurrencies or other digital assets unless explicitly stated in a separate agreement.

3.2 Regulatory Landscape

The legal and regulatory framework for blockchain, cryptocurrencies, and digital assets varies by jurisdiction and continues to evolve. Our services are designed to be used in compliance with applicable laws and regulations, but it is your responsibility to:

• Understand and comply with all laws, rules, and regulations applicable to your use of blockchain technologies in your jurisdiction
• Obtain any necessary licenses, permits, or registrations required for your blockchain-related activities
• Adhere to anti-money laundering (AML), know your customer (KYC), and combating the financing of terrorism (CFT) requirements as applicable to your operations
• Pay any applicable taxes on your cryptocurrency holdings, transactions, mining activities, or other blockchain operations

We make no representations regarding the legality of blockchain technologies in your jurisdiction. If you are uncertain about the legal status of any blockchain-related activity, we strongly recommend consulting with a qualified legal professional before proceeding.

3.3 Restricted Activities

You may not use our blockchain services for:

• Any purpose that violates applicable laws, regulations, or sanctions programs
• Money laundering, terrorist financing, or evading taxes
• Market manipulation, fraud, or deceptive business practices
• Activities involving proceeds of criminal activity
• Creating or distributing malware, ransomware, or other harmful code
• Securities offerings that do not comply with applicable securities laws
• Gambling or lottery services without appropriate licenses
• Operating unregistered money transmission services

We reserve the right to refuse service, terminate projects, or report activities to appropriate authorities if we reasonably believe you are using our services for any prohibited purpose.

4. Blockchain Risk Factors

Blockchain and cryptocurrency technologies involve significant risks. By using our services, you acknowledge and accept the following risk factors:

4.1 Market Volatility

Cryptocurrencies and digital tokens are subject to extreme price volatility. The value of digital assets can rise or fall dramatically in a short period, potentially resulting in substantial losses. You should not commit funds to blockchain projects that you cannot afford to lose entirely.

4.2 Technical Risks

Blockchain systems may experience technical vulnerabilities, bugs, or security weaknesses, including:

• Smart Contract Vulnerabilities: Smart contracts may contain bugs, logic errors, or security flaws that could result in loss of funds or other unintended consequences.
• 51% Attacks: Blockchain networks may be vulnerable to attacks if a single entity gains control of a majority of the network's mining or validation power.
• Consensus Failures: Disruptions to a blockchain's consensus mechanism could result in reorganizations, double spending, or chain splits.
• Oracle Manipulation: Smart contracts that rely on external data sources (oracles) may be vulnerable to manipulation or failure of those data sources.
• Cryptographic Weaknesses: Future advances in computing could compromise current cryptographic methods used in blockchain systems.

While we implement industry best practices in our development process, we cannot guarantee that our code will be entirely free of bugs or vulnerabilities.

4.3 Operational Risks

The operation of blockchain systems involves numerous risks, including:

• Key Management: Loss of private keys or seed phrases typically results in permanent loss of access to digital assets with no recovery method.
• Transaction Finality: Some blockchain transactions may be irreversible, making error recovery impossible.
• Network Congestion: Blockchain networks may experience periods of congestion, resulting in delayed transactions or higher fees.
• Protocol Changes: Changes to blockchain protocols (forks) may affect the functionality of applications or the value of digital assets.
• Third-Party Risks: Interactions with third-party services, such as wallets, exchanges, or protocols, introduce additional risks.

4.4 Regulatory Risks

The regulatory landscape for blockchain technologies is evolving and uncertain:

• New regulations may restrict or prohibit certain blockchain activities
• Changes in regulatory treatment may impact the value, utility, or legality of digital assets
• Regulatory actions may affect the operations of blockchain networks or applications
• Cross-border activities may implicate multiple regulatory regimes with conflicting requirements

We monitor regulatory developments but cannot predict future changes or guarantee that our services will remain compliant with evolving regulations in all jurisdictions.

5. Smart Contract Development and Auditing

5.1 Development Process

For smart contract development services, we follow industry best practices, including:

• Using established, peer-reviewed libraries and patterns when appropriate
• Implementing comprehensive testing procedures
• Following secure coding guidelines specific to the target blockchain platform
• Documenting code functionality and limitations

However, smart contracts inherently carry risks, and we cannot guarantee that our code will be entirely free of bugs or vulnerabilities. You are responsible for thoroughly testing any smart contracts before deployment to a production environment.

5.2 Audit Limitations

For smart contract auditing services, please note the following limitations:

• An audit represents a point-in-time review of code and cannot guarantee the absence of all vulnerabilities
• Audits focus on identifying common vulnerabilities and do not constitute comprehensive verification of correctness
• Audits do not assess business logic appropriateness, regulatory compliance, or economic design
• Any modifications to audited code may introduce new vulnerabilities and would require additional review

We recommend multiple independent audits for high-value or complex smart contracts.

6. Token Design and Issuance

6.1 Regulatory Considerations

Token design and issuance services are provided for technical implementation only. We do not provide legal advice regarding token classification, securities law compliance, or other regulatory matters. You are solely responsible for:

• Determining whether your token may be classified as a security, commodity, or other regulated instrument
• Complying with applicable securities laws, commodities regulations, and other relevant legal requirements
• Obtaining necessary legal opinions regarding your token's regulatory status
• Implementing appropriate compliance measures for token issuance and distribution

We strongly recommend consulting with qualified legal counsel before proceeding with any token issuance.

6.2 Token Economics

While we may provide technical implementation of token economic models, we do not guarantee that such models will:

• Function as intended in all market conditions
• Result in stable token value or prevent manipulation
• Generate any specific level of adoption, utility, or market capitalization
• Be economically sustainable in the long term

You are responsible for conducting thorough economic analysis and modeling of your token system.

7. NFT Development

7.1 Intellectual Property Rights

For NFT-related services, you represent and warrant that:

• You own or have properly licensed all intellectual property rights (including copyright, trademark, and publicity rights) for content associated with any NFTs you create or issue
• Your NFT project does not infringe on the rights of any third party
• You have implemented appropriate terms of service and license agreements for NFT purchasers that clearly specify what rights are being granted

We do not provide legal advice regarding intellectual property rights for NFT projects and recommend consulting with qualified legal counsel.

7.2 Technical Limitations

You acknowledge the following technical limitations of NFT systems:

• NFTs typically reference external content (metadata, images, etc.) that may not be stored on-chain
• The persistence of off-chain content depends on the reliability of external storage systems
• NFT standards and best practices are evolving and may change over time
• Compatibility across platforms, marketplaces, and wallets cannot be guaranteed

We recommend implementing robust content persistence strategies for NFT projects.

8. Decentralized Applications (DApps)

8.1 DApp Architecture

When developing decentralized applications, we aim to implement appropriate degrees of decentralization based on your requirements. However, you acknowledge that:

• Many DApps include centralized components for practical or performance reasons
• The degree of decentralization impacts security, scalability, user experience, and other factors
• Trade-offs between decentralization and other objectives may be necessary

We will consult with you on these trade-offs, but the final architectural decisions are your responsibility.

8.2 DApp Operation

Operating a DApp involves ongoing considerations, including:

• Governance mechanisms for protocol updates and parameter changes
• Managing user expectations regarding decentralization and censorship resistance
• Responding to potential exploits or vulnerabilities
• Adapting to changes in underlying blockchain protocols

We can provide guidance on operational best practices, but ongoing operation and governance of your DApp are your responsibility.

9. Blockchain Integration Services

For blockchain integration services, you acknowledge that:

• Blockchain networks may experience downtime, congestion, or reorganizations
• Transaction finality varies across different blockchain systems
• Integration with external blockchain systems introduces dependencies on third-party infrastructure
• Changes to blockchain protocols may require updates to integration code
• Transaction fees and confirmation times can fluctuate based on network conditions

We will implement appropriate error handling and resilience measures, but cannot guarantee uninterrupted operation of blockchain integrations.

10. Upgrades and Maintenance

For ongoing maintenance and upgrade services:

• We will make commercially reasonable efforts to monitor relevant blockchain ecosystems for security vulnerabilities, protocol changes, and emerging best practices
• For upgradeable smart contracts, we will implement secure upgrade mechanisms that protect user assets and maintain appropriate transparency
• We will communicate significant changes or vulnerabilities in a timely manner

Specific maintenance and upgrade responsibilities will be outlined in your service agreement.

11. Disclaimer of Warranties

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, OUR BLOCKCHAIN SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.

WE DO NOT WARRANT THAT:

• BLOCKCHAIN SYSTEMS WILL FUNCTION WITHOUT INTERRUPTION, ERROR, OR SECURITY VULNERABILITIES
• SMART CONTRACTS WILL FUNCTION AS INTENDED IN ALL CIRCUMSTANCES
• BLOCKCHAIN NETWORKS OR PROTOCOLS WILL CONTINUE TO OPERATE OR MAINTAIN THEIR VALUE
• REGULATORY FRAMEWORKS WILL REMAIN FAVORABLE TO BLOCKCHAIN ACTIVITIES
• BLOCKCHAIN TECHNOLOGIES WILL BE SUITABLE FOR ANY PARTICULAR PURPOSE

YOU ASSUME ALL RISKS ASSOCIATED WITH USING BLOCKCHAIN TECHNOLOGIES.

12. Limitation of Liability

IN ADDITION TO THE LIMITATIONS OF LIABILITY IN OUR GENERAL TERMS OF SERVICE, WE SPECIFICALLY DISCLAIM LIABILITY FOR:

• LOSS OF DIGITAL ASSETS DUE TO SMART CONTRACT VULNERABILITIES, PRIVATE KEY LOSS, OR BLOCKCHAIN NETWORK ISSUES
• FAILURE OF BLOCKCHAIN NETWORKS, PROTOCOLS, OR INFRASTRUCTURE
• UNFAVORABLE REGULATORY DETERMINATIONS OR ENFORCEMENT ACTIONS
• MARKET VOLATILITY OR DEVALUATION OF DIGITAL ASSETS
• THIRD-PARTY SERVICES THAT INTERACT WITH BLOCKCHAIN SYSTEMS WE DEVELOP

OUR AGGREGATE LIABILITY RELATED TO BLOCKCHAIN SERVICES WILL BE LIMITED AS SPECIFIED IN OUR GENERAL TERMS OF SERVICE.

13. Governing Law and Dispute Resolution

These Blockchain Terms shall be governed by and construed in accordance with the laws of the State of Wyoming, without regard to its conflict of law provisions. Any disputes arising under or in connection with these Blockchain Terms shall be resolved according to the following escalation process:

• Direct Resolution (5 business days): Contact our blockchain team at [email protected]
• Management Review (10 business days): Unresolved disputes escalate to management review
• Technical Expert Review: Complex blockchain disputes may be referred to independent blockchain experts
• Mediation: Parties may request mediation through qualified blockchain technology mediation services
• Arbitration: Any dispute not resolved through the steps above will be resolved by binding individual arbitration administered by JAMS, with a class-action waiver and a 30-day opt-out right, as set out in the "Dispute Resolution and Arbitration" section of our Terms of Service, which governs disputes under this document. Individual small-claims actions and claims for injunctive relief for intellectual-property violations are excepted, as provided there.

14. Modifications

We reserve the right to modify these Blockchain Terms at any time. Changes will be effective upon posting to our website. Your continued use of our blockchain services after any modifications indicates your acceptance of the updated terms.

15. Contact Information

If you have any questions about these Blockchain Terms, please contact us at:

[email protected]