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Terms of Service

Last updated: June 2, 2026 · Draft v1.0

This document is a draft prepared for R7. It should be reviewed by a qualified lawyer before public launch or before handling real user funds at scale.

1. Agreement to Terms

These Terms of Service (“Terms”) are a legally binding agreement between you (“User,” “you,” or “your”) and R7 Opinion Markets (“R7,” “we,” “us,” or “our”), governing your access to and use of the R7 website, Telegram Mini App, mobile web experience, smart contract features, wallet features, and related services.

By accessing or using R7, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree, you must not use the Service.

2. Eligibility

You must be at least 18 years old, or the age of majority in your jurisdiction, whichever is greater, to use R7.

You are responsible for ensuring that your use of R7 is legal where you live. R7 may restrict, suspend, or terminate access where required by law, compliance review, security controls, or platform policy.

3. Description of R7

R7 is a Telegram-native opinion market platform. Users can participate in YES/NO opinion markets where outcomes are determined by participant vote count, not by external real-world events.

R7 is not a traditional prediction market. Prediction markets generally resolve based on whether an external event happens. R7 opinion markets resolve based on what eligible participants vote for by market close.

In R7, vote count determines the winning side. Stake amount does not determine the winning side. Stake amount may affect how rewards are shared among users on the winning side.

R7 markets may use smart contracts, wallet infrastructure, and blockchain transactions on TON / The Open Network. User-facing markets are intended to use USDT as the primary staking and reward asset where supported.

4. Opinion Markets, Not Prediction Markets

When you participate in a market, you are not betting on whether an external event objectively happens. You are participating in a market where the outcome is based on the majority vote of eligible participants.

Market outcomes may not reflect objective truth. The crowd may be wrong. Outcomes may be influenced by participant sentiment, timing, trends, or group belief.

R7 is designed as an opinion market product. However, legal treatment may vary by jurisdiction. You are responsible for understanding and complying with the laws that apply to you.

5. Account, Telegram, Device, and Verification

R7 may use Telegram authentication, Telegram Mini App data, device security, wallet metadata, and verification tools to help protect the Service.

R7 may use one-account, one-device, one-wallet, or one-vote protections to reduce bots, duplicate accounts, manipulation, spam, fraud, and unauthorized access.

You agree not to bypass or attempt to bypass R7’s verification, security, device, or wallet rules.

6. Wallet Model and Non-Custodial Direction

R7 is being designed to support an embedded non-custodial wallet model.

In an embedded non-custodial wallet model, a wallet may be created or restored inside the R7 experience, but the user remains responsible for approving transactions. R7 does not receive or store private keys or seed phrases for non-custodial wallets and cannot move funds from a non-custodial wallet without user approval through the wallet provider or signing mechanism.

Until migration is fully complete, some legacy, test, administrative, or transitional wallet flows may operate differently. R7 may clearly label wallet mode where applicable.

R7 will not ask you to share your seed phrase or private key. Never share private keys, seed phrases, passkeys, one-time codes, or wallet recovery credentials with anyone.

7. How R7 Markets Work

Markets may be created by authorized users, creators, administrators, automated systems, or smart contract flows approved by R7.

To participate in a market, you may choose YES or NO and stake the supported asset, such as USDT, subject to the applicable market rules.

One eligible user is intended to have one vote. Stake size may affect reward distribution but does not give the user more votes.

A user may change side only once after the first vote, unless a specific market states otherwise. Side changes are only allowed before market close.

R7 markets may run for a defined period. The default duration may be 24 hours unless a market, creator setting, admin setting, or smart contract rule provides otherwise.

If YES has more eligible votes than NO, YES wins. If NO has more eligible votes than YES, NO wins. If YES and NO have the same eligible vote count, the market is a tie.

8. Ties, Rewards, and Claims

If a market ends in a tie, there is no winner. Eligible original stakes are refunded according to the market rules, and the creator earns no creator reward.

If a market resolves with a clear winner, users on the winning side may be eligible to claim rewards. Rewards may be shared among winning participants according to stake amount, after applicable deductions, fees, or creator rewards.

Claims may require a user-approved wallet transaction. You are responsible for reviewing and approving any claim transaction.

9. Creator Earnings and Fees

Unless otherwise stated, when a market resolves with a clear winner, the creator may earn 0.25% of the winning pool and 0.5% of the losing pool.

Creator earnings are paid only when there is a clear winner. If the market ends in a tie, the creator earns nothing from that market.

R7 may charge platform fees, transaction fees, creator fees, protocol fees, or other fees in the future. Any applicable fee structure should be shown in the app, smart contract rules, market details, or official documentation.

10. Risks

You may lose all or part of the assets you stake in a market. No outcome, return, reward, or profit is guaranteed.

R7 outcomes are based on participant votes. The outcome may not reflect objective truth.

Blockchain transactions may be delayed, fail, execute unexpectedly, or become irreversible. Smart contracts may contain bugs, vulnerabilities, or design limitations.

USDT and other supported assets may involve issuer risk, blockchain risk, liquidity risk, regulatory risk, depegging risk, transfer risk, and counterparty risk.

R7 may experience downtime, maintenance, bugs, indexing delays, API failures, wallet provider issues, Telegram issues, RPC issues, or other interruptions.

11. Prohibited Conduct

You agree not to use R7 for illegal activity, violate applicable law, create multiple accounts to gain unfair advantage, bypass one-user or one-device protections, manipulate markets, use bots without authorization, exploit smart contracts or APIs, or interfere with the Service.

R7 may investigate and restrict activity that appears suspicious, abusive, fraudulent, illegal, or harmful.

12. Content and Market Moderation

R7 may review, reject, remove, hide, delay, restrict, or modify markets, usernames, metadata, images, links, or other content.

You are responsible for content you submit. You grant R7 a non-exclusive, worldwide, royalty-free license to host, display, reproduce, and use your submitted content as needed to operate, promote, improve, and protect the Service.

13. Blockchain and On-Chain Data

Some R7 activity may be recorded on public blockchains. Public blockchain data may include wallet addresses, transactions, smart contract interactions, market addresses, token transfers, timestamps, and other metadata.

Blockchain transactions may not be removable, reversible, or editable by R7.

14. Maintenance and Availability

R7 may enter maintenance mode, limit access, disable features, pause transactions, or restrict functionality to protect users, perform upgrades, fix bugs, comply with legal requirements, or respond to security events.

R7 does not guarantee uninterrupted availability.

15. Intellectual Property

The Service, including its design, branding, software, content, graphics, logos, text, interfaces, smart contract integrations, and other materials, is owned by R7 or its licensors and is protected by intellectual property laws.

The R7 name, logo, and branding are trademarks or service marks of R7 or its affiliates.

16. Disclaimers

THE SERVICE IS PROVIDED “AS IS” AND “AS AVAILABLE.”

R7 does not guarantee that the Service will be uninterrupted, error-free, profitable, secure, or free from smart contract bugs. Nothing in the Service is financial, investment, legal, tax, or professional advice.

17. Limitation of Liability

To the maximum extent permitted by law, R7 and its officers, employees, contractors, agents, affiliates, service providers, and licensors shall not be liable for indirect, incidental, special, consequential, exemplary, or punitive damages, including loss of profits, data, goodwill, digital assets, opportunity, or business interruption.

To the maximum extent permitted by law, R7’s total aggregate liability for any claim shall not exceed the greater of the amount of fees you paid directly to R7 in the twelve months before the claim or 100 USDT.

18. Indemnification

You agree to indemnify, defend, and hold harmless R7 and its officers, employees, contractors, agents, affiliates, service providers, and licensors from claims, damages, losses, liabilities, costs, and expenses arising from your use of the Service, violation of these Terms, violation of law, market activity, content, wallet activity, misuse of R7, or violation of another person’s rights.

19. Suspension and Termination

R7 may suspend, restrict, or terminate your access to the Service at any time if R7 believes you have violated these Terms, created risk, violated law, abused the Service, attempted fraud, or threatened the safety, security, or integrity of R7.

20. Changes to the Service and Terms

R7 may modify, suspend, discontinue, or replace any part of the Service at any time.

R7 may update these Terms from time to time. Material changes may be communicated through the Service, website, Telegram, email, or other appropriate methods.

21. Governing Law and Dispute Resolution

These Terms are governed by the applicable laws of Nigeria, unless otherwise required by applicable law.

Any dispute arising from or relating to these Terms or the Service shall be resolved by the courts of competent jurisdiction in Nigeria, unless applicable law requires otherwise.

Class actions and class-wide proceedings are waived to the maximum extent permitted by law.

22. Contact

If you have questions about these Terms, contact R7 Support at support@r7app.xyz or visit https://r7app.xyz/contact.