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Terms & Conditions

Last updated: 17 June 2026

These Terms & Conditions ("Terms") form a binding legal agreement between you ("you", "your", or "User") and Rovum ("Rovum", "we", "us", or "our"), the operator of the website at rovum.net, the token-acquisition portal at app.rovum.net, and all related applications, smart contracts, content, and services (together, the "Services").

By accessing or using the Services, creating an account, connecting a wallet, or acquiring, holding, or transacting in the ROV token ("ROV" or the "Token"), you confirm that you have read, understood, and agree to be bound by these Terms and by our Privacy Policy and Risk Disclosure, each of which is incorporated into these Terms by reference. If you do not agree, you must not use the Services.

These Terms contain a binding arbitration clause and a class-action waiver in the "Governing Law and Dispute Resolution" section. They affect how disputes are resolved. Please read them carefully.

1. Definitions

  • "Account" means the account you register to access certain Services.
  • "Presale" means the staged, pre-launch distribution program through which eligible Users may reserve an allocation of ROV.
  • "TGE" means the Token Generation Event at which ROV is generated and distributed to allocation holders.
  • "Wallet" means a compatible self-custodial digital-asset wallet that you control.
  • "Digital Assets" means cryptocurrencies, stablecoins, tokens, and similar blockchain-based assets.
  • "Applicable Law" means all laws, rules, regulations, and orders applicable to you, to us, or to the Services.

2. Eligibility

To use the Services, you represent and warrant that:

  1. You are at least 18 years old and have the legal capacity to enter into a binding contract.
  2. You are not located in, a citizen or resident of, or accessing the Services from any jurisdiction in which use of the Services or acquisition of the Token is prohibited or restricted, including any country or region subject to comprehensive sanctions administered by the United Nations, the European Union, the United Kingdom, or the United States (including the U.S. Office of Foreign Assets Control, "OFAC").
  3. You are not a person with whom transactions are prohibited under any sanctions program, and you are not acting on behalf of any such person.
  4. Your use of the Services does not violate any Applicable Law to which you are subject.

We reserve the right, but assume no obligation, to restrict or refuse access to the Services from any jurisdiction, and to implement geo-blocking, identity verification, or other controls at our discretion. You are solely responsible for determining whether your use of the Services is lawful in your jurisdiction.

3. Nature of the Token

  1. Utility, not investment. ROV is intended to function as a utility token within the Rovum protocol. It is designed to be used to pay protocol fees, to stake for protocol functions, and to participate in protocol governance. ROV is not a share, equity interest, security, bond, note, fund unit, deposit, or other regulated financial instrument, and it does not represent any ownership interest in, or claim against, Rovum or any other entity.
  2. No promise of profit or yield. Nothing in the Services constitutes a promise, guarantee, or representation of any future value, profit, return, appreciation, dividend, or income from acquiring or holding ROV. Any references to mechanics such as fee rebates, staking, buybacks, or revenue-sharing describe intended protocol functionality, are subject to change, and are conditional on successful development, launch, regulatory compliance, and market conditions.
  3. No reliance. You acknowledge that you are not acquiring ROV with an expectation of profit derived from the efforts of Rovum or any third party.
  4. Forward-looking statements. Roadmaps, timelines, and descriptions of planned features are forward-looking and may change or fail to materialize. See the Risk Disclosure.

4. The Presale

  1. Stages and pricing. ROV may be offered through sequential Presale stages, each at a stated price that may increase over time. Prices, stage thresholds, hard caps, and availability are set at our discretion and may change.
  2. Acceptable payment. The Services may accept specified Digital Assets as payment. You are responsible for sending the correct asset, on the correct network, to the correct address. Transactions on public blockchains are irreversible. Sending an unsupported asset, using the wrong network, or sending to an incorrect address may result in permanent loss for which we bear no responsibility.
  3. Allocation and distribution. A successful, confirmed contribution reserves an allocation of ROV to your Account. ROV is not transferred to you at the time of contribution; allocations are recorded and distributed at or after the TGE, subject to any applicable vesting, lock-up, or distribution schedule.
  4. No guarantee of TGE. We do not guarantee that the TGE will occur, that it will occur on any particular date, or that any feature of the protocol will launch. See the Risk Disclosure.
  5. All sales final. Except where required by Applicable Law, all contributions are final and non-refundable. You bear the full risk of price changes between contribution and any distribution.
  6. Allocation limits. We may impose minimum or maximum contribution amounts and may reject, cancel, or unwind any contribution that we reasonably believe is fraudulent, unlawful, made in error, or in breach of these Terms.

5. Accounts and Registration

  1. You may need to register an Account and provide accurate, current, and complete information. You must keep it up to date.
  2. You are responsible for safeguarding your Account credentials and for all activity that occurs under your Account. Notify us immediately of any unauthorized use.
  3. We may suspend, restrict, or terminate your Account at our discretion, including for suspected breach of these Terms or Applicable Law.

6. Wallets and Transactions

  1. Self-custody. The Services are designed to be non-custodial. You are solely responsible for your Wallet, your private keys, your seed phrase, and the security of your devices. We never have custody of your private keys and cannot recover them, reverse transactions, or restore lost access.
  2. Network conditions. Blockchain transactions are subject to network fees ("gas"), congestion, delays, and failures that are outside our control.
  3. Irreversibility. Once submitted and confirmed, blockchain transactions cannot be reversed, cancelled, or refunded by us.
  4. Third-party wallets. Wallet software and connection tools are provided by third parties and are governed by their own terms. We are not responsible for them.

7. Identity Verification (KYC/AML)

We may be required, or may choose, to verify your identity and the source of your funds, and to conduct know-your-customer ("KYC"), anti-money-laundering ("AML"), counter-terrorist-financing, and sanctions-screening checks. You agree to provide requested information and documentation promptly and to cooperate with such checks. We may suspend or refuse access, freeze an allocation, or report to authorities where required by Applicable Law or where we reasonably suspect unlawful activity.

8. Acceptable Use

You agree that you will not, and will not assist or permit any third party to:

  1. Use the Services for any unlawful, fraudulent, or deceptive purpose, including money laundering, terrorist financing, tax evasion, or sanctions evasion.
  2. Use the Services in or from any prohibited jurisdiction, or circumvent any geo-block, access control, or verification measure.
  3. Engage in market manipulation, wash trading, or any practice intended to artificially affect the price or perceived demand for ROV.
  4. Interfere with, disrupt, or compromise the integrity or security of the Services, or attempt to gain unauthorized access to any system or data.
  5. Introduce malware, conduct denial-of-service attacks, scrape, or use bots, except as expressly permitted.
  6. Impersonate any person or misrepresent your affiliation, or infringe the intellectual-property or other rights of any person.
  7. Use the Services to offer, market, or resell ROV in a manner that would require registration or licensing that has not been obtained.

9. Intellectual Property

The Services, including all software, text, graphics, logos, the Rovum name and brand, designs, and documentation, are owned by us or our licensors and are protected by intellectual-property laws. We grant you a limited, revocable, non-exclusive, non-transferable license to access and use the Services for their intended purpose. All rights not expressly granted are reserved. You may not copy, modify, distribute, reverse-engineer, or create derivative works except as permitted by Applicable Law or with our prior written consent.

10. Third-Party Services and Content

The Services may integrate with or link to third-party websites, protocols, oracles, exchanges, price feeds, wallet providers, and other services. We do not control and are not responsible for third-party services or content, and your use of them is at your own risk and subject to their terms.

11. Disclaimers

  1. "As is." The Services are provided "as is" and "as available", without warranties of any kind, whether express, implied, or statutory, including warranties of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, or availability.
  2. No advice. Nothing in the Services constitutes financial, investment, legal, tax, or other professional advice. You should obtain independent advice before acquiring ROV or using the Services.
  3. Availability. We do not warrant that the Services will be uninterrupted, secure, timely, or error-free, that defects will be corrected, or that the Services or the servers and networks that make them available are free of harmful components.
  4. Digital-asset risk. You acknowledge the inherent risks of Digital Assets and distributed-ledger technology described in the Risk Disclosure.

12. Limitation of Liability

To the maximum extent permitted by Applicable Law:

  1. We will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or anticipated savings, or for any loss arising from your use of (or inability to use) the Services, the volatility or loss of value of ROV, loss of private keys, unauthorized access, or any blockchain or third-party failure, even if advised of the possibility of such damages.
  2. Our aggregate liability arising out of or relating to the Services or these Terms will not exceed the greater of (a) the total amount you paid to us for the specific transaction giving rise to the claim in the three (3) months preceding the event, or (b) one hundred U.S. dollars (USD 100).
  3. Some jurisdictions do not allow certain limitations of liability; in those jurisdictions our liability is limited to the maximum extent permitted by law.

13. Indemnification

You agree to indemnify, defend, and hold harmless Rovum and its affiliates, officers, directors, employees, contractors, and agents from and against any claims, liabilities, damages, losses, and expenses (including reasonable legal fees) arising out of or related to: (a) your use of the Services; (b) your breach of these Terms or Applicable Law; (c) your violation of the rights of any third party; or (d) any tax obligations arising from your transactions.

14. Taxes

You are solely responsible for determining, reporting, and paying any taxes, duties, levies, or assessments applicable to your acquisition, holding, sale, or other dealing in ROV and your use of the Services. We are not responsible for withholding or remitting taxes on your behalf unless required by Applicable Law.

15. Changes to the Terms and the Services

We may modify these Terms at any time. Material changes will be indicated by updating the "Last updated" date and, where appropriate, by additional notice. Your continued use of the Services after changes take effect constitutes acceptance of the revised Terms. We may also add, change, suspend, or discontinue any part of the Services, including features of the protocol, at any time.

16. Suspension and Termination

We may suspend, restrict, or terminate your access to all or part of the Services at any time, with or without notice, including where we reasonably believe you have breached these Terms, where required by Applicable Law, or to protect the Services or other Users. Sections that by their nature should survive termination (including Sections 9 through 20) will survive.

17. Force Majeure

We will not be liable for any failure or delay in performance resulting from causes beyond our reasonable control, including acts of God, natural disasters, war, terrorism, civil unrest, labor disputes, governmental action, changes in law, blockchain network failures, forks, congestion, outages, cyberattacks, or failures of third-party infrastructure.

18. Governing Law and Dispute Resolution

  1. Governing law. These Terms and any dispute arising out of or in connection with them are governed by the laws of the State of Delaware, United States, without regard to conflict-of-laws principles.
  2. Informal resolution. Before commencing any formal proceeding, you agree to first contact us at legal@rovum.net and attempt in good faith to resolve the dispute informally for at least thirty (30) days.
  3. Binding arbitration. Any dispute not resolved informally will be finally resolved by binding arbitration administered by the American Arbitration Association (AAA) under its rules then in effect, seated in New York, New York, United States, conducted in English, before one (1) arbitrator. Judgment on the award may be entered in any court of competent jurisdiction.
  4. Class-action waiver. To the extent permitted by Applicable Law, disputes will be conducted only on an individual basis and not as a class, collective, consolidated, or representative action. You waive any right to participate in a class or representative proceeding.
  5. Exceptions. Either party may seek injunctive or equitable relief in a court of competent jurisdiction to protect its intellectual-property or confidential-information rights.
  6. Mandatory local rights. Nothing in this section deprives you of the protection of mandatory consumer-protection provisions of the law of the country in which you are resident, where Applicable Law so requires.

19. Notices

We may provide notices to you by posting on the Services, by email to the address associated with your Account, or by other reasonable means. You may contact us at legal@rovum.net.

20. Miscellaneous

  1. Entire agreement. These Terms, together with the Privacy Policy and Risk Disclosure, constitute the entire agreement between you and us regarding the Services and supersede any prior agreements.
  2. Severability. If any provision is held invalid or unenforceable, the remaining provisions remain in full force, and the invalid provision will be modified to the minimum extent necessary to make it enforceable.
  3. No waiver. Our failure to enforce any provision is not a waiver of our right to do so later.
  4. Assignment. You may not assign or transfer these Terms without our prior written consent. We may assign these Terms freely, including in connection with a merger, acquisition, or sale of assets.
  5. No partnership. Nothing in these Terms creates any partnership, joint venture, agency, or employment relationship between you and us.
  6. Language. These Terms are drafted in English. Any translation is provided for convenience only; the English version controls.

Contact: For questions about these Terms, email legal@rovum.net. The only official addresses for Rovum are rovum.net and app.rovum.net. Always verify the URL. Rovum will never contact you first asking for your seed phrase or private keys.