RISKS AND DISCLAIMERS
PLEASE READ THIS SECTION CAREFULLY.
BY ACCESSING THE PLATFORM, YOU ACKNOWLEDGE THAT YOU ARE FINANCIALLY SOPHISTICATED AND HAVE THE TECHNICAL KNOWLEDGE NECESSARY TO UNDERSTAND THE RISKS INHERENT TO CRYPTOCURRENCY AND PREDICTION MARKETS.
A. No Warranty ("As Is" and "As Available")
THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS, WITHOUT WARRANTY OF ANY KIND. TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, WHALE PREDICTION EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO:
WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT.
WARRANTIES THAT THE SERVICE WILL BE UNINTERRUPTED, SECURE, OR ERROR-FREE.
WARRANTIES REGARDING THE ACCURACY OR RELIABILITY OF ANY MARKET DATA, ODDS, OR "SMART MONEY" ANALYTICS DISPLAYED ON THE INTERFACE.
B. Smart Contract and Technology Risks
You acknowledge that the Platform facilitates interaction with decentralized smart contracts, which are experimental technologies.
Code Vulnerabilities: Smart contracts may contain bugs, vulnerabilities, or logic errors that could result in the unintended execution of code or the total loss of funds.
Hacks and Exploits: The Underlying Venues (e.g., Polymarket, Kalshi, UMA) are subject to the risk of malicious cyberattacks, including re-entrancy attacks, oracle manipulation, and economic exploits.
UI Risk: Whale Prediction is a web interface. A discrepancy may exist between the data displayed on the UI (e.g., your balance) and the actual state of the blockchain. In the event of a conflict, the blockchain state prevails.
C. Regulatory and Legal Risks
The regulatory landscape for prediction markets and cryptocurrencies is evolving rapidly and varies significantly by jurisdiction.
Regulatory Action: Legislative and regulatory changes or actions at the state, federal, or international level (e.g., by the US CFTC, SEC, or FATF) may adversely affect the use, transfer, exchange, and value of crypto-assets.
Service Termination: We may be forced to restrict, suspend, or terminate your access to the Platform at any time to comply with a subpoena, court order, or new regulation in your jurisdiction.
Geo-Blocking Updates: We may update our list of Restricted Jurisdictions without prior notice. If your country is added to this list, you may be required to close your positions immediately or forfeit access to the UI.
D. Financial and Market Risks
Prediction markets are high-risk, speculative financial instruments.
Binary Nature (Total Loss): Most prediction markets are binary (Yes/No). If your prediction is incorrect at the time of expiration, the value of your position will be $0.00. You should never trade with funds you cannot afford to lose entirely.
Liquidity Risk: Markets on the Underlying Venues may have low liquidity. You may be unable to sell your position ("exit") before the event occurs, or you may be forced to sell at a price significantly lower than the theoretical fair value ("Slippage").
Volatility: The value of the collateral assets (e.g., USDC, ETH, SOL) and the Outcome Tokens may fluctuate significantly due to market sentiment, technical issues, or macroeconomic factors.
E. Third-Party Protocol Risk
Whale Prediction is an aggregator, not the issuer.
Dependency: We rely on the continuous operation of third-party protocols (Polymarket, Kalshi, etc.). If an Underlying Venue halts trading, pauses withdrawals, or becomes insolvent, Whale Prediction cannot recover your funds.
Oracle Failure: If the Oracle mechanism (e.g., UMA) fails, reports incorrectly, or is manipulated by a "51% attack," the market may resolve to the wrong outcome. You accept this risk and agree that Whale Prediction is not liable for Oracle failures.
F. User Error
You are solely responsible for your actions. We are not liable for losses resulting from:
Lost Keys: Loss of your private keys, seed phrases, or access to your Social Login account.
Wrong Address: Sending funds to the wrong wallet address or a smart contract that cannot process the transaction.
Unintended Orders: Clicking the wrong button or inputting the wrong trade amount due to negligence or lack of attention.
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