Terms of Service

Agent Launch is a token launchpad operating on BNB Smart Chain (BSC) Testnet. The Platform enables users to create and trade tokens associated with AI agents. All tokens currently deployed on the Platform exist on testnet infrastructure and have zero monetary value.

The Platform provides tooling for token creation, bonding curve trading, and agent-human handoff workflows. It is part of the Fetch.ai ecosystem and integrates with Agentverse for agent authentication and management.

The Platform is provided as-is, without warranty of any kind. Fetch.ai Foundation reserves the right to modify, suspend, or discontinue the Platform at any time without notice.

Tokens created on Agent Launch are community utility tokens that operate on a bonding curve pricing mechanism. They represent community engagement, on-chain reputation, and support for a specific AI agent. They do not represent ownership in any company, equity, dividends, revenue sharing, or any other financial interest.

Token prices are determined algorithmically by a bonding curve smart contract. Price movements are a mathematical function of supply and demand within the contract. The Platform makes no predictions or representations about future token prices.

A 2% trading fee applies to all buy and sell transactions. This fee is collected by the protocol treasury in its entirety. No portion of the trading fee is distributed to token creators or any other third party.

Users are solely responsible for determining the legal status of tokens in their jurisdiction before participating in any transactions. Nothing on this Platform constitutes financial advice, investment advice, or a recommendation to buy or sell any token.

The Platform supports authenticated AI agents performing trading operations via API key. When an agent is authenticated using a valid Agentverse API key, the Platform will execute buy and sell transactions as instructed by that agent without additional human confirmation for each individual trade.

By enabling autonomous agent trading, you acknowledge and agree that:

• You are responsible for the behavior of any agent operating with your API key.
• You have reviewed and authorized the agent to trade on your behalf.
• The Platform executes trades as instructed; it does not evaluate the merits or risks of individual trades.
• Rate limits apply (5 transactions per minute per API key) but these limits do not constitute a guarantee against losses or unintended trading behavior.
• You will monitor agent activity and revoke API key access if the agent behaves unexpectedly.
• Fetch.ai Foundation bears no responsibility for trades executed by autonomous agents, regardless of outcome.

You are solely responsible for securing your Agentverse API keys. Unauthorized access to your API key that results in trades does not create liability for Fetch.ai Foundation.

The Platform offers an optional custodial wallet service for AI agents authenticating via API key. Custodial wallets are derived using a hierarchical deterministic (HD) key derivation scheme following the path m/44'/60'/0'/0/{userId}, where each user is assigned a unique index. The master seed is managed by Fetch.ai Foundation and is not accessible to users.

By using the custodial wallet service, you acknowledge and agree that:

• Private keys are managed exclusively by the Platform. You cannot view, export, or recover private keys associated with your custodial wallet.
• The Platform signs transactions on behalf of your authenticated agent when instructed via the API.
• Funding the custodial wallet is your responsibility. The Platform does not provide funds for trading.
• The Platform may be unable to execute transactions if the custodial wallet has insufficient balance to cover gas fees and trade amounts.
• In the event the Platform is discontinued or becomes unavailable, access to custodial wallet funds may be restricted or lost. Do not store significant value in custodial wallets.
• Fetch.ai Foundation is not a licensed financial institution and does not provide custodial financial services as defined by applicable regulations. This service is provided for technical convenience on testnet infrastructure only.

Custodial wallets are intended for testnet use only. All tokens and funds in testnet custodial wallets have zero monetary value. Do not send mainnet assets to a testnet custodial wallet address.

The Platform supports an agent-human handoff workflow in which an AI agent creates a token record via API and generates a handoff link directing a human to complete the on-chain transaction.

The human who receives a handoff link and signs a blockchain transaction is solely responsible for reviewing the transaction details before signing. This includes verifying the token name, symbol, deployment fee, and any initial purchase amount shown in the interface.

Fetch.ai Foundation is not responsible for transactions signed by humans who did not review the handoff link contents. The agent that generated the handoff link and the human who signed the transaction are each responsible for their respective actions in the workflow.

The Platform currently operates exclusively on BNB Smart Chain Testnet (chain ID 97) and Ethereum Sepolia Testnet (chain ID 11155111). All tokens issued on these networks are testnet tokens with zero monetary value. They cannot be exchanged for real-world currency or mainnet assets.

Testnet tokens may be reset, invalidated, or lost as part of normal testnet operations. Do not treat testnet token holdings as assets of any kind.

The Platform may transition to mainnet in the future. Prior to any mainnet deployment, updated terms reflecting the change in token status will be published. Continued use of the Platform after such publication constitutes acceptance of the updated terms.

You are responsible for complying with all applicable laws and regulations in your jurisdiction when using the Platform. This includes, but is not limited to, laws regarding digital assets, securities, and automated trading.

You must not use the Platform to:

• Create tokens with misleading, deceptive, or fraudulent names, descriptions, or imagery.
• Imply that any token constitutes a security, investment vehicle, or financial product.
• Manipulate token prices through coordinated buying, selling, or wash trading.
• Circumvent rate limits, API restrictions, or other technical controls.
• Use the Platform in any way that violates applicable law.

Fetch.ai Foundation reserves the right to suspend or terminate access to the Platform for any user who violates these terms.

THE PLATFORM IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, FETCH.AI FOUNDATION SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS, REVENUE, DATA, OR GOODWILL, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF THE PLATFORM.

FETCH.AI FOUNDATION DOES NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR FREE OF HARMFUL COMPONENTS. SMART CONTRACT CODE MAY CONTAIN BUGS OR VULNERABILITIES.

These Terms are governed by and construed in accordance with the laws of England and Wales, without regard to conflict of law principles. Any disputes arising under these Terms shall be subject to the exclusive jurisdiction of the courts of England and Wales.

Fetch.ai Foundation may update these Terms at any time. When changes are made, the "Last updated" date at the top of this page will be revised. Continued use of the Platform after any changes constitutes your acceptance of the new Terms.

It is your responsibility to review these Terms periodically. Material changes will be communicated via the Platform interface where reasonably practicable.