Terms of Service

1. Acceptance of Terms

By accessing or using the TokenKrafter platform ("Platform"), including its smart contracts, website, embedded wallet, trading features, fiat off-ramp, and associated services, you agree to be bound by these Terms of Service ("Terms"). If you do not agree, do not use the Platform.

2. Platform Overview

TokenKrafter provides the following services. Understanding what the Platform does and does not do is important:

• Token creation — deploy custom ERC-20 tokens (basic, mintable, taxable, or partner types) to supported blockchains via our factory smart contracts. Tokens are deployed as minimal proxy clones (EIP-1167) for cost efficiency.
• Token launches — create bonding curve presales (linear, square root, quadratic, or exponential curves) where users can buy tokens at algorithmically determined prices. Launches that reach their hard cap automatically graduate to a decentralized exchange (DEX) with permanent liquidity.
• Trading — swap tokens via DEX integration. The Platform routes trades through third-party decentralized exchanges (e.g., PancakeSwap). The Platform does not operate its own exchange or matching engine.
• Fiat off-ramp — sell crypto to your bank account. USDT is held in a smart contract escrow (not a Platform wallet) during processing. Bank transfers are executed by Flutterwave, a regulated payment processor. The Platform confirms the transaction; if it fails to confirm within the timeout period, you can reclaim your USDT from the escrow contract.
• Embedded wallet (Quick Wallet) — a browser-based wallet created via Google sign-in. Your private keys are generated and encrypted on your device. The Platform stores only encrypted data. See our Privacy Policy for full technical details.

3. Risk Disclaimer

Cryptocurrency and digital assets involve substantial risk. By using the Platform you acknowledge and accept that:

• Digital asset prices are highly volatile and may lose all value.
• Smart contracts, even when audited, may contain undiscovered vulnerabilities that could result in partial or total loss of funds.
• Blockchain transactions are irreversible. Tokens sent to incorrect addresses or lost through user error cannot be recovered by the Platform or anyone else.
• Regulatory changes in any jurisdiction may affect the legality or functionality of tokens created on the Platform.
• Liquidity is not guaranteed. Tokens created or launched via the Platform may become illiquid at any time.
• Bonding curve launches may not reach their soft cap, in which case contributors can claim a refund from the launch contract. The Platform does not guarantee the success of any launch.
• Exchange rates for fiat off-ramp transactions fluctuate. The rate displayed at the time of transaction initiation may differ from the final rate applied.

4. No Financial Advice

Nothing on the Platform constitutes financial, investment, legal, or tax advice. All information is provided for informational purposes only. You should consult qualified professionals before making any financial decisions. The Platform does not recommend, endorse, or guarantee any token, project, or investment outcome.

5. Embedded Wallet (Quick Wallet)

If you use the embedded wallet feature, you understand and agree that:

• The embedded wallet is semi-custodial and supports multiple wallets per account, each with multiple HD-derived accounts. Each wallet's seed phrase is encrypted on your device and stored on our servers in encrypted form. Unlocking requires both the encrypted vault (stored on our server) and your PIN (known only to you). Neither party alone can access any wallet.
• All wallets share a single PIN (minimum 6 digits). Changing your PIN re-encrypts every wallet atomically — either all update or none do. Your PIN is never transmitted to our servers.
• Each wallet has its own set of 3 recovery codes. Recovery codes for one wallet cannot restore another wallet. If you forget your PIN and have lost the recovery codes for a specific wallet, that wallet cannot be recovered by anyone, including the Platform.
• If the Platform becomes permanently unavailable and you have not exported your seed phrases, you will lose access to your wallets and any funds in them. We strongly recommend exporting seed phrases for each wallet as a backup.
• You can export each wallet's recovery phrase or individual account private keys at any time from the Account Panel. Once exported, you can use your keys with any Ethereum-compatible wallet (MetaMask, Trust Wallet, etc.).
• The Platform is not responsible for unauthorized access to your wallets resulting from compromised Google accounts, shared PINs, or device security failures.

6. User Responsibility

You are solely responsible for:

• Conducting your own research (DYOR) before creating, purchasing, or interacting with any token.
• Securing your wallet private keys, seed phrases, PINs, and per-wallet recovery codes. The Platform cannot recover lost credentials. Recovery codes are wallet-specific — losing them for one wallet does not affect your other wallets.
• Understanding the parameters you configure when creating tokens (taxes, limits, supply, bonding curve type) and their implications.
• All gas fees, transaction costs, platform fees, and any losses incurred through your use of the Platform.
• Verifying the accuracy of bank account details entered for fiat off-ramp transactions. The Platform is not liable for funds sent to incorrect bank accounts due to user error.
• Backing up each embedded wallet's seed phrase and recovery codes. The Platform provides export functionality but cannot force you to create backups. Each wallet must be backed up independently.

7. Fees & Transparency

The Platform charges fees for its services. All fees are disclosed before you confirm any transaction:

• Token creation fees — vary by token type (basic, mintable, taxable, partner). All fees are denominated in USDT. You may pay with any token (BNB, USDT, USDC, etc.) — the Platform Router automatically swaps your chosen token to USDT at the current DEX rate. Any surplus from the swap is refunded to you in USDT, not the original token.
• Launch fees — a flat fee (in USDT) is charged for creating a bonding curve launch. During a launch, a 1% buy fee is taken on every purchase and sent to the platform wallet.
• Off-ramp fees — a percentage-based platform fee (displayed before confirmation) is deducted from the USDT amount when processing fiat withdrawals. A small exchange rate spread may also apply.
• Partnership fee — Partner token types (4-7) include a mandatory, non-removable 0.5% fee on all DEX trades (buys and sells) directed to the Platform. This is hardcoded in the smart contract and cannot be changed after deployment. See Section 13.
• Referral commissions — users who refer others earn a percentage of the creation fees generated by their referrals. All referral earnings are denominated and paid in USDT.
• Gas fees — blockchain transaction fees (gas) are paid to the network, not to the Platform. Gas costs vary by network congestion.
• Graduation fees — when a bonding curve launch reaches its hard cap and graduates to a DEX listing, 1% of the raised USDT and 1% of the LP tokens are retained by the Platform. The remaining funds seed the DEX pool with permanently burned LP tokens.

8. Fiat Off-Ramp

The fiat off-ramp (Sell to Bank) operates as follows:

• When you initiate a withdrawal, your tokens are swapped to USDT and deposited into a smart contract escrow. The USDT is not held in a Platform wallet — it is locked in the TradeRouter contract on the blockchain.
• The Platform then initiates a bank transfer via Flutterwave. If the Platform confirms the transaction within the timeout period, the platform fee is deducted and the process completes.
• If the Platform fails to confirm within the timeout period (displayed before you initiate), you can cancel the withdrawal and your USDT is returned to you from the escrow contract. You are never dependent on the Platform to release your funds.
• Bank transfers are processed by Flutterwave, a third-party payment processor. Transfer times and availability depend on Flutterwave and the receiving bank. The Platform is not responsible for delays caused by third-party payment processors or banks.
• This is not a peer-to-peer service. You transact with the Platform, not with other users. There is no counterparty risk from other users.

9. Platform Liability Limitations

The Platform provides tools for token creation, bonding curve launches, trading, and fiat off-ramp. It does not custody funds (on-chain funds are held in smart contracts; fiat processing is handled by Flutterwave). To the maximum extent permitted by law, the Platform and its operators shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of the Platform, including but not limited to loss of funds, lost profits, data loss, or inability to access your embedded wallet. While we limit our liability to the maximum extent permitted by law, we commit to publicly disclosing any security incidents, smart contract vulnerabilities, or service disruptions that affect user funds or data.

10. Prohibited Use

You agree not to use the Platform to:

• Create tokens intended to defraud, scam, or mislead others.
• Engage in money laundering, terrorist financing, or other illicit financial activities.
• Manipulate markets through wash trading, spoofing, pump-and-dump schemes, or coordinated manipulation.
• Impersonate other projects, brands, or individuals through token names, symbols, or metadata.
• Circumvent anti-whale protections or other safeguards through sybil attacks or technical exploits.
• Violate any applicable law or regulation in your jurisdiction.

The Platform reserves the right to restrict access or flag addresses engaged in prohibited activities.

11. Token Creator Responsibility

If you create a token using the Platform, you are the owner and sole operator of that token contract. You are responsible for all configuration decisions (tax rates, trading limits, blacklist usage, minting), ongoing management, and compliance with applicable laws. The Platform is a tool provider and bears no responsibility for how token creators configure or manage their tokens after deployment.

12. Smart Contract Risk

The Platform's smart contracts have been reviewed, but no review eliminates all risk. Smart contracts are immutable once deployed — bugs or vulnerabilities discovered after deployment cannot be patched in existing contracts. Token contracts are deployed as minimal proxy clones (EIP-1167), meaning they share the same implementation logic. A vulnerability in an implementation contract could affect all tokens of that type. You interact with all smart contracts at your own risk. The Platform makes no warranty, express or implied, regarding the security, correctness, or fitness of any smart contract for a particular purpose.

13. Partnership Tokens

Tokens created as "Partner" types (types 4-7) include a mandatory, non-removable 0.5% fee on all DEX trades (buys and sells) directed to the Platform. No partnership fee is charged on peer-to-peer transfers. By creating or purchasing a Partner token, you acknowledge and accept that:

• The 0.5% partnership fee is hardcoded into the smart contract and cannot be removed, reduced, or modified by the token creator or any party after deployment.
• This fee is applied in addition to any user-configured buy/sell/transfer taxes. Partner taxable tokens (types 6-7) have lower maximum tax limits (3.5% buy, 3.5% sell, 2% transfer) so the total maximum take per trade (including the 0.5% partnership fee) does not exceed 4% buy, 4% sell, or 2% transfer — the same headline cap as non-partner taxable tokens.
• The partnership fee is collected by the TokenFactory contract and may be automatically converted to USDT via the configured DEX.
• Token buyers should be aware that every DEX trade incurs this additional 0.5% fee, which affects effective buy/sell prices.
• The Platform is under no obligation to disclose or redistribute partnership fee revenue to token creators or holders.

14. Smart Contract Design Philosophy

TokenKrafter's smart contracts are designed with a set of guiding principles aimed at protecting investors while giving creators meaningful flexibility. These principles are enforced on-chain — they cannot be overridden by the Platform, the creator, or any off-chain process:

• Tax ceiling lock — when a creator launches or lists their token, the current tax rates (buy, sell, transfer) are snapshotted as a per-field ceiling. After this point, the creator can only lower taxes — never raise them above the locked ceiling. If a creator sets taxes to 0% before launching, the ceiling locks at 0% and they can never add tax. The creation wizard warns about this before submission.
• Tax caps — maximum tax rates are capped at 4% buy, 4% sell, and 2% transfer for standard taxable tokens. Partner-taxable tokens are capped at 3.5% buy, 3.5% sell, and 2% transfer (the 0.5% partner fee accounts for the remainder). These caps are hardcoded and cannot be raised.
• Relax-only protection knobs — once trading is enabled, the creator can loosen (or disable) anti-whale protections (max wallet, max transaction, cooldown) but can never tighten them. This prevents a creator from restricting trading after investors have entered.
• Pool-lock anti-snipe gate — all token variants enforce a per-pool trading gate. Before the creator enables trading (or before the bonding curve graduates), no public DEX trades can occur through registered pools. This prevents snipers from buying at the exact moment liquidity is seeded. An optional anti-snipe delay (up to 24 hours) adds a countdown between the enableTrading call and the moment public trading actually opens.
• Pool pre-registration — when a token is created, the creator specifies which DEX base tokens (e.g. WBNB, USDT, USDC) should have pairs pre-registered in the pool-lock gate. Pre-registration ensures the anti-snipe gate covers those pairs from block one, closing the attack vector where a malicious actor creates a pair at a manipulated initial price before the creator's real listing. Pools are one-way — once registered, they cannot be removed.
• Launch failure recovery — if a bonding curve launch fails to reach its soft cap before the deadline, the launch enters a Refunding state. Buyers can claim proportional refunds of their USDT contributions. The creator can reclaim unsold tokens incrementally as buyers refund. After 5 years, any USDT still unclaimed by buyers can be swept to the platform wallet — this aligns with standard unclaimed-property norms and protects buyers who may have lost access temporarily.
• Preflight checks — before a bonding curve launch can activate, the contract runs a preflight check that verifies: the launch has been funded with sufficient tokens, the launch instance is excluded from transfer limits and tax, and the launch instance is authorized to enable trading on graduation. If any check fails, the launch stays in Pending state and cannot accept buyer deposits.
• Platform force-relax — the Platform retains the ability to force-reduce (but never increase) a creator's tax rates, protection limits, and blacklist settings. This is an emergency lever for cases where a creator is using their settings abusively (e.g. extreme tax rates within the cap, targeted blacklisting of legitimate holders). Force-relax also lowers the tax ceiling so the creator cannot restore the reduced rates.
• Graduation mechanics — when a bonding curve launch reaches its hard cap, it automatically graduates to a DEX listing. The contract seeds liquidity by directly transferring both sides into the DEX pair and minting LP tokens to a burn address (0xdead), making the liquidity permanent. The creator's token then has enableTrading called with an optional anti-snipe delay, and the pool-lock gate opens on schedule.

15. Jurisdictional Compliance

The Platform is available globally but does not guarantee that its use is legal in every jurisdiction. You are responsible for determining whether your use of the Platform complies with the laws and regulations of your country, state, or region. The Platform is not available to residents of jurisdictions where the creation, sale, or trading of digital tokens is prohibited. By using the Platform, you represent that you are not located in, or a citizen or resident of, any such restricted jurisdiction.

16. Modification of Terms

The Platform reserves the right to modify these Terms at any time. Changes will be reflected by updating the "Last updated" date above. Continued use of the Platform after changes constitutes acceptance of the updated Terms. It is your responsibility to review these Terms periodically.