Prophecy Points Terms and Conditions

Last Updated: April 20, 2026

These Rewards Program Terms and Conditions (these “Terms”) govern your participation in the Prophecy Points rewards program (the “Rewards Program”). The Rewards Program is a cross-venue points and incentive mechanism designed to reward user engagement across social prediction market venues that operate on the Prophecy protocol.

By participating in the Rewards Program, you agree to be bound by these Terms in their entirety. If you do not agree to these Terms, you must not participate in the Rewards Program.

IMPORTANT NOTICE: THE REWARDS PROGRAM IS OPERATED INDEPENDENTLY OF, AND IS ENTIRELY SEPARATE FROM, EACH INDIVIDUAL VENUE. YOUR INTERACTIONS WITH ANY VENUE ARE GOVERNED SOLELY BY THE TERMS APPLICABLE TO THAT VENUE. THE REWARDS PROGRAM OPERATOR HAS NO RESPONSIBILITY OR LIABILITY IN CONNECTION WITH YOUR USE OF ANY VENUE OR ANY ACTIVITY CONDUCTED ON OR THROUGH ANY VENUE.

1. Overview and Nature of the Rewards Program

The Rewards Program enables participants to earn prediction points (“Points”) by completing qualifying activities across social prediction market venues that operate on the Prophecy protocol (each, a “Venue”) during each defined rewards period (each, a “Rewards Period”). Points are aggregated on a cross-Venue basis and may determine eligibility for, and allocation of, Rewards upon conclusion of a Rewards Period.

The Rewards Program is operated independently of, and separately from, each individual Venue. The operator of the Rewards Program is not a party to any transaction, prediction, or activity that takes place on or through any Venue, and assumes no responsibility for the conduct, content, availability, terms, or legality of any Venue or any activity thereon.

Nothing in these Terms modifies or supplements any terms or conditions that govern your relationship with any Venue. Participation in the Rewards Program is separate from, and does not affect, any rights or obligations you may have under any Venue’s terms. Any dispute with a Venue must be resolved directly with that Venue.

2. Eligibility

To be eligible to participate in the Rewards Program and to receive any Rewards, you must:

  • be a natural person of at least 18 years of age, or the age of legal majority in your jurisdiction if higher, and have the legal capacity to enter into binding agreements under the laws of your jurisdiction;

  • not be subject to any economic or trade sanctions administered or enforced by any governmental authority, nor be designated on any list of prohibited or restricted parties maintained by any governmental authority with jurisdiction over the Rewards Program;

  • not be a citizen, resident, or national of, or incorporated or otherwise established in, any jurisdiction in which participation in the Rewards Program or receipt of Rewards is prohibited or restricted by applicable law; and

  • satisfy any additional eligibility or verification requirements that may be specified from time to time.

By participating in the Rewards Program, you represent and warrant, on a continuing basis, that you satisfy all eligibility requirements set out above. You agree to immediately cease participation if you cease to satisfy any eligibility requirement. Eligibility is assessed at all times during participation, including at the time of any Rewards distribution. Determinations of eligibility are made in sole and absolute discretion and are final and binding.

3. Program Structure and Rewards Periods

The Rewards Program operates across one or more Rewards Periods. The dates, duration, qualifying activities, Points allocations, Rewards pool, and distribution methodology applicable to each Rewards Period will be published on the Prophecy Points rewards portal (the “Portal”) at or before the commencement of that Rewards Period. Additional specific terms may be published in connection with any Rewards Period and will form part of these Terms. In the event of any inconsistency between such specific terms and these Terms, the specific terms shall prevail.

Any Rewards Period may be extended, shortened, modified, or terminated at any time, with or without prior notice. No liability arises from any such modification or termination.

4. Prediction Points

Participants may earn Points during a Rewards Period by completing qualifying activities as published on the Portal for that Rewards Period. The qualifying activities and Points values applicable to any Rewards Period may be modified at any time. Any such modification will be communicated through the Portal or official channels.

Each eligible wallet address is treated as a separate participant for all purposes under these Terms. Points are non-transferable and may not be combined, pooled, or aggregated across wallet addresses.

Points have no monetary value whatsoever. Points do not constitute property, currency, a financial instrument, a security, or any item of value. Points cannot be redeemed for cash or any other consideration. Points may not be transferred, sold, assigned, or otherwise disposed of outside the Rewards Program. No legal or equitable right or interest in Points is acquired at any time.

Points exist solely as a mechanism for tracking participation in the Rewards Program for the purpose of determining Rewards eligibility and allocation.

Completion of a qualifying activity does not guarantee the accrual of Points. Technical errors, blockchain network disruptions, or other factors outside reasonable control may prevent Points from being recorded. No liability is assumed for any failure to record Points.

Points may be modified, reduced, cancelled, or rendered void at any time in sole and absolute discretion, including in connection with any abuse, manipulation, or violation of these Terms. Points do not vest or become irrevocable at any time. Upon conclusion of a Rewards Period, Points from that Rewards Period will expire unless expressly stated otherwise in the applicable Rewards Period terms.

5. Leaderboard

The Portal may display a leaderboard ranking participants by cumulative Points accrued during a Rewards Period (the “Leaderboard”). Leaderboard rankings displayed during a Rewards Period are indicative only and subject to change at any time, including following the conclusion of the Rewards Period.

Final rankings for the purposes of Rewards distribution will be determined following the conclusion of the relevant Rewards Period and upon completion of any applicable eligibility verification, fraud review, and disqualification process. Final rankings are determined in sole and absolute discretion and are final and binding. The display of a ranking on the Leaderboard does not constitute a confirmation of eligibility for any Rewards.

6. Rewards

6.1 Nature of SOMI

SOMI tokens (“SOMI”) are digital utility tokens native to the Somnia Network blockchain protocol. No representation or warranty of any kind is made as to the current or future value, price, liquidity, transferability, regulatory status, or utility of SOMI in any jurisdiction.

SOMI distributed to eligible participants as rewards under any Rewards Period (“Rewards”) do not represent any ownership interest, equity, profit entitlement, revenue share, or financial stake in any person or entity. Receipt of Rewards confers no governance rights, dividend entitlements, or economic rights of any kind beyond the utility, if any, of SOMI on the Somnia Network. Rewards are not offered or intended as an investment and must not be treated as such.

The regulatory status of SOMI may vary by jurisdiction. It is your sole responsibility to determine whether receipt, holding, or use of SOMI is lawful in your jurisdiction and to comply with all applicable laws and regulations. No representation is made regarding the lawfulness of SOMI in any jurisdiction.

6.2 Reward Pool and Distribution Methodology

The total Reward pool available for distribution in respect of any Rewards Period, the methodology by which Rewards will be allocated among eligible participants (including any applicable tiers, thresholds, pro-rata calculations, or minimum Points requirements), and the timeline for distribution will be published on the Portal at or prior to the conclusion of the relevant Rewards Period. All such parameters may be modified at any time prior to distribution in sole and absolute discretion.

Participation in the Rewards Program does not guarantee receipt of any Rewards or any particular quantity of Rewards. The existence of a Rewards Period does not create any obligation to distribute Rewards.

6.3 Distribution

Rewards will be distributed, if at all, to the wallet address associated with a participant’s eligible account, subject to completion of all applicable eligibility verification, wallet verification, and fraud review requirements. No liability is assumed for any delay, failure, or error in distribution arising from any cause, including blockchain network issues, smart contract failures, regulatory restrictions, or third-party service provider failures.

Distribution of Rewards to a wallet address discharges in full any obligation in respect of Rewards to the applicable participant. No responsibility is assumed for the security, custody, or management of SOMI following distribution.

6.4 Taxes and Regulatory Compliance

You are solely responsible for: (a) determining whether the receipt, holding, transfer, or disposal of Rewards gives rise to any tax, reporting, or filing obligation in your jurisdiction; (b) satisfying all such obligations; and (c) complying with all applicable laws and regulations in connection with Rewards. No tax, legal, financial, or regulatory advice is provided in connection with the Rewards Program or Rewards. No liability is assumed for any tax, penalty, interest, sanction, or other consequence arising from your receipt or use of Rewards.

7. Venue Independence and Third-Party Relationships

The Rewards Program is operated independently of each Venue. Qualifying activities under the Rewards Program may involve participation in predictions or other activities on Venues; however, the Rewards Program operator is not a party to, and assumes no responsibility or liability in connection with, any such activity or any relationship between you and any Venue.

Each Venue is operated by an independent third party and is subject to its own terms and conditions, privacy practices, and applicable laws. It is your sole responsibility to review and comply with the terms of each Venue you access. No representation or warranty is made regarding the availability, accuracy, legality, suitability, or quality of any Venue or any content, market, or activity available through any Venue.

Participation in the Rewards Program does not modify or supplement any terms or conditions governing your relationship with any Venue. Points accrued in connection with activity on a Venue are awarded under these Terms solely for the purposes of the Rewards Program and do not create any obligation on the part of any Venue. Any dispute with a Venue must be resolved directly with that Venue.

If a Venue ceases to operate, is removed from the Rewards Program, or becomes unavailable for any reason, Points already accrued in connection with that Venue will be forfeited.

8. Prohibited Conduct

The following conduct is prohibited in connection with the Rewards Program. Engaging in any prohibited conduct may result in immediate disqualification, forfeiture of all accrued Points and Rewards, and suspension or termination of access to the Rewards Program:

  • using automated scripts, bots, macros, or other tools to artificially accrue Points or to simulate qualifying activities;

  • operating, controlling, or coordinating multiple wallet addresses or accounts for the purpose of accruing additional Points or obtaining an unfair advantage;

  • engaging in any form of collusion, coordination, wash activity, or other manipulative conduct in connection with any qualifying activity;

  • exploiting errors, vulnerabilities, or unintended behaviour in the Rewards Program systems, the Portal, or any Venue;

  • providing false, inaccurate, or misleading information in connection with participation, eligibility, or any verification process;

  • transferring, selling, or purporting to transfer or sell Points or any Rewards entitlement;

  • taking any action designed to circumvent geographic restrictions, eligibility requirements, or sanctions screening; and

  • any other conduct that is abusive, fraudulent, manipulative, or inconsistent with the spirit or purpose of the Rewards Program.

9. Disqualification and Suspension

Participation in the Rewards Program may be suspended or terminated, and any or all accrued Points and Rewards may be forfeited, at any time and in sole and absolute discretion, without prior notice, including where:

  • a participant has engaged in any prohibited conduct;

  • a participant ceases to satisfy any eligibility requirement;

  • a participant is or becomes a sanctioned person or is located in a restricted jurisdiction;

  • a participant’s conduct is or may be harmful to the integrity of the Rewards Program or to other participants; or

  • such action is required or appropriate in order to comply with applicable law, regulation, or any order of a governmental authority.

All disqualification and suspension decisions are made in sole and absolute discretion, are final and binding, and are not subject to appeal or challenge. No obligation exists to provide reasons for any such decision.

10. Modification and Termination

These Terms, and the Rewards Program in its entirety, may be modified, suspended, or terminated at any time and for any reason, with or without prior notice. Continued participation in the Rewards Program following any modification to these Terms constitutes acceptance of the modified Terms. If you do not agree to any modification, you must cease participation.

Upon termination of the Rewards Program, all accrued Points will expire and any undistributed Rewards may be cancelled or reallocated in sole and absolute discretion, without liability to any participant.

11. Disclaimers

THE REWARDS PROGRAM IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS WITHOUT WARRANTY OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ALL WARRANTIES, REPRESENTATIONS, AND CONDITIONS ARE EXPRESSLY DISCLAIMED, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE.

NO REPRESENTATION OR WARRANTY IS MADE THAT THE REWARDS PROGRAM WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE FROM BUGS, VIRUSES, OR OTHER HARMFUL COMPONENTS. NO REPRESENTATION OR WARRANTY IS MADE REGARDING THE ACCURACY, COMPLETENESS, RELIABILITY, OR TIMELINESS OF ANY INFORMATION PUBLISHED ON THE PORTAL.

THE REWARDS PROGRAM DOES NOT CONSTITUTE FINANCIAL, INVESTMENT, TAX, LEGAL, OR REGULATORY ADVICE. NOTHING IN THESE TERMS OR IN CONNECTION WITH THE REWARDS PROGRAM SHOULD BE CONSTRUED AS A SOLICITATION OR OFFER TO BUY OR SELL ANY FINANCIAL INSTRUMENT OR AS AN INVITATION TO ENGAGE IN ANY INVESTMENT ACTIVITY.

12. Limitation of Liability

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE REWARDS PROGRAM OPERATOR, ITS AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, EMPLOYEES, CONTRACTORS, AGENTS, OR SERVICE PROVIDERS BE LIABLE TO ANY PARTICIPANT OR ANY OTHER PERSON FOR ANY LOSS, DAMAGE, COST, OR EXPENSE OF ANY KIND, WHETHER DIRECT, INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY, ARISING OUT OF OR IN CONNECTION WITH:

  • participation in, or inability to participate in, the Rewards Program;

  • any accrual, failure to accrue, cancellation, or modification of Points;

  • any distribution, failure to distribute, delay in distribution, or cancellation of Rewards;

  • any modification, suspension, or termination of the Rewards Program or any Rewards Period;

  • any change in the value, liquidity, availability, or regulatory status of SOMI;

  • any activity on or through any Venue, or any act or omission of any Venue;

  • any technical failure, system error, network disruption, blockchain failure, smart contract malfunction, or third-party service failure; or

  • any regulatory action, government order, or change in applicable law.

THIS LIMITATION APPLIES REGARDLESS OF THE LEGAL THEORY ON WHICH ANY CLAIM IS BASED, INCLUDING CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, OR STATUTE, AND REGARDLESS OF WHETHER THE POSSIBILITY OF SUCH LOSS OR DAMAGE HAS BEEN ADVISED.

TO THE EXTENT THAT ANY LIABILITY CANNOT BE EXCLUDED BY APPLICABLE LAW, THE AGGREGATE LIABILITY OF THE REWARDS PROGRAM OPERATOR TO ANY PARTICIPANT IN CONNECTION WITH THE REWARDS PROGRAM SHALL NOT EXCEED ONE THOUSAND UNITED STATES DOLLARS (USD 1,000.00).

13. Indemnification

You agree to indemnify, defend, and hold harmless the Rewards Program operator, its affiliates, and their respective directors, officers, employees, contractors, agents, and service providers from and against any and all claims, demands, actions, losses, liabilities, damages, costs, and expenses (including reasonable legal fees) arising out of or relating to: (a) your participation in the Rewards Program; (b) your breach of these Terms or any representation or warranty made under these Terms; (c) your violation of any applicable law or regulation; (d) your use of any Venue; or (e) any dispute between you and any Venue or third party.

14. Dispute Resolution and Governing Law

14.1 Governing Law

These Terms and any non-contractual obligations arising out of or in connection with them shall be governed by and construed in accordance with the laws of the Republic of Panama, without regard to its conflict of law principles.

14.2 Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms, including the breach, termination, or validity thereof, shall be finally resolved by binding arbitration in Panama City, Republic of Panama, in the English language, in accordance with the arbitration rules of the Panama Conciliation and Arbitration Center then in force. The arbitrator’s decision shall be final and binding upon the parties. Judgment on the arbitration award may be entered in any court having jurisdiction thereof.

14.3 Exceptions to Arbitration

Notwithstanding the foregoing, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent actual or threatened irreparable harm or to protect intellectual property rights.

14.4 Class Action Waiver

You agree that any claim must be brought in your individual capacity and not as a plaintiff or class member in any purported class, collective, or representative proceeding. You expressly waive any right to bring or participate in any class action, private attorney general action, or other representative proceeding in connection with the Rewards Program.

15. General Provisions

15.1 Entire Agreement

These Terms constitute the entire agreement between you and the Rewards Program operator with respect to the Rewards Program and supersede all prior or contemporaneous understandings, representations, or agreements relating thereto.

15.2 Severability

If any provision of these Terms is found to be invalid, illegal, or unenforceable by a court or arbitrator of competent jurisdiction, that provision shall be modified to the minimum extent necessary to make it valid and enforceable, or severed if modification is not possible, and the remaining provisions shall continue in full force and effect.

15.3 Waiver

No failure or delay in exercising any right under these Terms shall constitute a waiver of that right. No waiver of any breach shall be deemed a waiver of any subsequent breach.

15.4 Assignment

These Terms may not be assigned by you without prior written consent. These Terms may be assigned freely by the Rewards Program operator, including to any affiliate or successor, without restriction.

15.5 No Third-Party Beneficiaries

These Terms are for the benefit of the parties only and are not intended to confer any rights or benefits on any third party, including any Venue.

15.6 Force Majeure

No liability arises for any failure or delay in performance under these Terms due to causes beyond reasonable control, including acts of God, war, terrorism, civil unrest, government actions, pandemics, internet or telecommunications failures, or blockchain network failures.

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