Agreement & Acceptance
These Terms of Service ("Terms") govern your access to and use of the Latent Markets platform, websites, and related services provided by LLM Markets, Inc. ("Latent Markets," "we," "us," or "our"). By creating an account, accessing, or using the Services, you agree to be bound by these Terms and by our Privacy Policy. If you do not agree, you may not use the Services.
Eligibility & Accounts
You must be at least 16 years old and capable of entering into a legally binding contract to use the Services. You are responsible for the accuracy of the information you provide during registration and for maintaining the confidentiality of your credentials. You agree to notify us promptly of any unauthorized use of your account or breach of security. We reserve the right to refuse or suspend access to the Services at our discretion.
Platform Access & Updates
We provide the Services on an "as is" and "as available" basis. We may modify, suspend, or discontinue any part of the Services at any time, with or without notice. We make no commitment to maintain any feature or functionality. From time to time we may apply updates that change how you access or use the Services, and you agree that such updates form part of the Services and are subject to these Terms.
Simulated Assets
Latent Markets is a simulation environment. All balances, prices, and instruments, including "pUSDC" or other units that may appear in the Services, are simulated assets with no intrinsic or redeemable value. They are not legal tender, securities, commodities, or digital assets, and they cannot be exchanged for fiat currency, cryptocurrency, or other consideration. You acknowledge that no actual funds are deposited, earned, or owed through your use of the Services.
User Conduct
When using the Services, you agree that you will not:
- Violate any applicable law, regulation, or third-party right.
- Interfere with or disrupt the integrity or performance of the Services, including by attempting to bypass rate limits, security controls, or feature gating.
- Access or search the Services by any means other than our publicly supported interfaces.
- Submit content that is unlawful, misleading, defamatory, or that infringes intellectual property or privacy rights.
- Use automated scripts or bots to place simulated trades or otherwise abuse incentives.
We reserve the right to investigate and take appropriate action against violations, including suspension or termination of access.
Market Data & Content
Content, market data, analytics, and other materials made available through the Services are provided for informational and educational purposes only. We do not guarantee the accuracy, completeness, or timeliness of any content. You may not copy, distribute, or commercially exploit market data without our prior written consent. All intellectual property rights in the Services and content are owned by us or our licensors.
Feedback
If you submit suggestions, ideas, or other feedback, you grant us a perpetual, non-exclusive, worldwide, royalty-free license to use, modify, and incorporate that feedback into our products and services without restriction or compensation to you.
Third-Party Services
The Services may rely on or provide links to third-party websites, software, or services. We are not responsible for third-party content or practices. Your use of any third-party service is subject to that party's terms and privacy policies. We may change third-party integrations at any time.
Disclaimers
THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE." TO THE MAXIMUM EXTENT PERMITTED BY LAW, WE DISCLAIM ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NON-INFRINGEMENT. LATENT MARKETS DOES NOT PROVIDE INVESTMENT, LEGAL, OR TAX ADVICE. ANY CONTENT MADE AVAILABLE THROUGH THE SERVICES IS FOR INFORMATIONAL PURPOSES ONLY.
Limitation of Liability
To the fullest extent permitted by law, Latent Markets and its affiliates, officers, directors, employees, and agents will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, or goodwill, arising out of or related to your use of the Services. Our total liability for any claim arising under these Terms will not exceed one hundred U.S. dollars (US$100) or the amount you paid us to use the Services in the twelve months before the event giving rise to the claim, whichever is greater.
Indemnification
You agree to indemnify, defend, and hold harmless Latent Markets and its affiliates from and against any claims, liabilities, damages, judgments, losses, and expenses (including reasonable attorneys' fees) arising out of or related to your use of the Services or your violation of these Terms or applicable law.
Termination
We may suspend or terminate your access to the Services at any time for conduct that we believe violates these Terms, harms other users, or creates liability for us. You may stop using the Services at any time. Upon termination, these Terms will continue to apply to any provisions that by their nature should survive, including intellectual property, disclaimers, limitations of liability, indemnification, and governing law.
Governing Law & Disputes
These Terms are governed by the laws of the State of Delaware, without regard to its conflict-of-laws principles. The parties agree to submit to the exclusive jurisdiction of the state and federal courts located in Wilmington, Delaware for the resolution of any dispute arising out of or relating to these Terms or the Services, except where prohibited by applicable law.
Changes to These Terms
We may update these Terms from time to time. When we make material changes, we will notify you by updating the "Last updated" date above and, if appropriate, by providing notice through the Services or email. Your continued use of the Services after the revised Terms become effective constitutes your acceptance of the changes.
Contact
If you have questions about these Terms, please email us atlegal@latentmarkets.comor reach out through the support channels provided within the Services.