1. Agreement to Terms
By accessing or using the MXEL platform ("Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, do not use the Platform.
MXEL reserves the right to modify these Terms at any time. Continued use after changes constitutes acceptance of modified Terms.
2. Eligibility
To use MXEL, you must:
- Be at least 18 years old
- Have legal capacity to enter into binding contracts
- Not be prohibited from using the Platform under applicable laws
- Comply with all local laws regarding cryptocurrency and financial services
3. Platform Description
MXEL is a cryptocurrency token distribution platform built on the Solana blockchain. The Platform:
- Distributes MXEL tokens to verified content creators based on subscriber metrics
- Distributes MXEL tokens to supporters (patrons) based on their contributions to creators
- Integrates with YouTube, Patreon, and Twitch via OAuth
- Uses dynamic pricing to distribute fixed dollar allocations in token form
4. User Accounts
4.1 Account Creation
You create an account by connecting your Solana wallet and verifying platform accounts (YouTube, Patreon, Twitch). You are responsible for:
- Maintaining the security of your wallet private keys
- All activities that occur under your account
- Ensuring accuracy of information provided
4.2 Account Termination
We may suspend or terminate your account if you:
- Violate these Terms
- Provide false information
- Engage in fraudulent activity
- Abuse or attempt to manipulate the Platform
5. Creator Terms
5.1 Verification Requirements
As a creator, you must:
- Verify ownership of content creator accounts via OAuth
- Announce MXEL availability to your audience
- Maintain active creator status on connected platforms
- Provide accurate subscriber/patron counts
5.2 Token Distributions
- Monthly token allocations calculated based on verified subscriber metrics
- Dollar allocations converted to tokens at current market price
- Distributions subject to verification and fraud prevention checks
- MXEL reserves the right to adjust distribution formulas
5.3 Access Models
Free Creator Path: No cost to join, standard token distributions
Creator-Investor Path: Purchase MXEL tokens for enhanced benefits (higher multipliers, priority support). Token purchases are investments subject to market risk.
6. Patron Terms
6.1 Reward Eligibility
As a patron, you receive tokens when:
- You make verified contributions to creators on supported platforms
- The creator has connected their account to MXEL
- Your patron account is verified via OAuth
6.2 Price Locking
Token quantities are locked at the time of your contribution. You receive tokens equivalent to your dollar contribution value at the locked price, regardless of subsequent price changes.
7. MXEL Token
7.1 Token Details
- Maximum supply: 84 billion MXEL tokens
- Blockchain: Solana (SPL Token standard)
- Progressive minting for security
- Market-determined pricing post-ICO
7.2 Token Risks
WARNING: Cryptocurrency investments carry significant risks:
- Token value may increase or decrease
- You could lose all invested capital
- Market volatility is unpredictable
- Regulatory changes may affect token value
- No guarantee of liquidity or market demand
7.3 Not Financial Advice
MXEL tokens are utility tokens for platform participation. Nothing on this Platform constitutes financial, investment, legal, or tax advice. Consult qualified professionals before making financial decisions.
8. Prohibited Activities
You may NOT:
- Create fake or fraudulent creator/patron accounts
- Manipulate subscriber counts or contribution data
- Use bots, scripts, or automation to abuse the Platform
- Attempt to exploit or hack the Platform
- Violate any applicable laws or regulations
- Engage in money laundering or terrorist financing
- Circumvent security measures or access controls
9. Third-Party Platforms
MXEL integrates with YouTube, Patreon, and Twitch. You must comply with each platform's terms of service. MXEL is not responsible for:
- Changes to third-party platform policies
- Account suspensions or bans on third-party platforms
- Data accuracy from third-party APIs
- Third-party platform downtime or errors
10. Intellectual Property
All Platform content, code, designs, and trademarks are owned by MXEL or licensors. You may not:
- Copy, modify, or distribute Platform content
- Use MXEL branding without permission
- Reverse engineer or decompile the Platform
11. Disclaimers
11.1 Platform "AS IS"
The Platform is provided "AS IS" and "AS AVAILABLE" without warranties of any kind, express or implied, including:
- No guarantee of uninterrupted service
- No guarantee of error-free operation
- No warranty of token value or liquidity
- No guarantee of specific distribution amounts
11.2 Blockchain Risks
You acknowledge risks inherent to blockchain technology:
- Transactions are irreversible
- Network congestion may delay transactions
- Smart contract vulnerabilities may exist
- Private key loss results in permanent token loss
12. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, MXEL SHALL NOT BE LIABLE FOR:
- Loss of tokens or cryptocurrency
- Financial losses from token price changes
- Errors in token distributions
- Platform downtime or service interruptions
- Third-party platform issues
- Unauthorized access to your account
- Indirect, incidental, or consequential damages
Total liability shall not exceed $100 USD or the value of tokens you received in the past 30 days, whichever is greater.
13. Indemnification
You agree to indemnify and hold harmless MXEL from any claims, damages, or expenses arising from:
- Your violation of these Terms
- Your violation of third-party rights
- Your misuse of the Platform
- Your violation of applicable laws
14. Dispute Resolution
14.1 Governing Law
These Terms are governed by the laws of [Your Jurisdiction], without regard to conflict of law principles.
14.2 Arbitration
Any disputes shall be resolved through binding arbitration, except where prohibited by law. You waive the right to participate in class action lawsuits.
15. Regulatory Compliance
You are responsible for compliance with all applicable laws in your jurisdiction, including:
- Cryptocurrency regulations
- Tax reporting requirements
- Anti-money laundering (AML) laws
- Know Your Customer (KYC) regulations
16. Changes to Service
MXEL reserves the right to:
- Modify or discontinue the Platform at any time
- Change distribution formulas or allocation methods
- Add or remove supported platforms
- Implement fees for certain services
We will provide reasonable notice of material changes.
17. Severability
If any provision of these Terms is found unenforceable, the remaining provisions remain in full effect.
18. Contact Information
For questions about these Terms:
- Email: legal@mxel.com
- Website: https://mxel.com/contact
19. Acknowledgment
BY USING THE MXEL PLATFORM, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS OF SERVICE.