Legal Document
Terms of Use
Previx — The Information Market
Effective Date: August 24, 2026
1. Introduction and Nature of the Platform
Welcome to Previx ("Platform", "we", "us", "our"). These Terms of Use ("Terms") govern your access to and use of our technology ecosystem and Smart Contracts deployed on the Base blockchain network.
Previx is exclusively a marketplace and technology infrastructure provider ("The Information Market"). Our platform allows users to mint, buy, sell, and settle digital assets (ERC-1155 standard tokens) whose settlement value is tied to the occurrence and verification of real-world events.
Previx acts solely as the technological clearing house. By using the Platform, you interact in a self-directed manner with decentralized smart contracts. We provide the environment (the user interface and the on-screen organization of data), but trading occurs Peer-to-Peer (P2P) or through Automated Market Makers (AMMs) directly on the blockchain.
2. What Previx Is NOT (Directional Risk Disclaimer)
To ensure full transparency about the Platform's economic nature, you expressly acknowledge, understand, and agree that:
We Are Not a Bookmaker or Casino
Previx does not act as the "house" or counterparty in any transaction. We do not set fixed odds. The price of digital assets fluctuates strictly and purely based on the supply and demand of the free market formed by the users themselves.
We Do Not Profit From Your Losses
Previx's business model is 100% neutral with respect to event outcomes. If you lose your capital in a trade, that value does not belong to Previx; it is directed exclusively to the other users who held the winning asset.
We Are Not a Financial Institution or Securities Broker
We do not custody fiat currency (Dollars, Reais, etc.), and we do not issue corporate securities, traditional regulated derivatives, or debt instruments. The Platform is a trading environment for cryptographic digital assets (utility information NFTs).
3. Digital Asset Mechanics, Fees, and Settlement
By interacting with a market on Previx, you agree to the following mathematical and financial mechanics:
Acquiring the Asset
You use USDC balance (a dollar-pegged stablecoin) to acquire tokens representing future scenarios (e.g., "YES" or "NO"). The mathematical sum of a market's fractions will always equal 1 USDC.
Settlement (Resolution)
When the real-world event concludes and the outcome is publicly verified, the smart contract enters the settlement phase. The token corresponding to the scenario that occurred becomes worth the market's total liquidity, while the token for the incorrect scenario becomes worth zero.
The Intermediation and Infrastructure Fee
In exchange for providing the technological environment, contract security, and network stability, Previx charges a fixed Service Fee of 5% on the market's total volume at the time of closing.
Distribution to Winners
The remaining 95% of the market's total liquidity is divided automatically, proportionally, and in full among the holders of the winning digital assets.
4. Payment Processing and Third-Party Gateways
Previx integrates with third-party payment providers (such as Hodpay) to facilitate your onboarding experience, enabling the conversion of local currency directly into the cryptocurrency (USDC) needed to operate on the Platform.
You acknowledge that these conversion transactions (Fiat to Crypto) are processed, validated, and subject to the Compliance and Know Your Customer (KYC) rules exclusive to the third-party Payment Gateway, over which Previx has no management or control.
Previx only stores virtual USDC balances within the decentralized structure. You are solely responsible for the taxation and declaration of capital gains in your jurisdiction of tax residence.
5. Non-Custodial Infrastructure and Third-Party Network Disclaimer
Non-Custody
You acknowledge that Previx is a non-custodial software interface. We do not have access to your private keys, passwords, or wallets. You are solely and exclusively responsible for the security of your funds. Previx cannot, under any circumstances, reverse transactions, recover lost passwords, or access your crypto assets.
Blockchain Network and Oracles
Previx has no control, ownership, or responsibility over the Base blockchain network, Layer 2 (L2) infrastructure, or the internal workings of third-party Oracles. We do not guarantee the continuous availability of these networks. Financial losses arising from network congestion, consensus failures, cyberattacks on the blockchain, or unexpected network fees (gas fees) are the sole risk and responsibility of the user.
6. Restricted Jurisdictions (Absolute Prohibition)
The use of Previx, the purchase of assets, or interaction with our Smart Contracts is STRICTLY PROHIBITED for individuals or entities who reside, are located, are incorporated, or have their principal place of business in the United States of America and its territories, as well as in jurisdictions sanctioned by OFAC, the European Union, or the UN.
No Exceptions: The use of Virtual Private Networks (VPNs) or any IP-masking technology to attempt to circumvent this territorial block is strictly prohibited. Accounts identified violating this rule will have their assets preemptively frozen and access irreversibly blocked.
7. Event Resolution and the "Oracle Clause"
Verification of the outcome of a real-world event for the settlement of digital assets is carried out in an immutable and decentralized manner.
Previx uses Oracles (external data verification systems, whether decentralized or via designated committees) to determine the final outcome of any market.
You expressly agree that the decision issued by the Oracle designated in the smart contract is final, sovereign, and absolute. This decision is not subject to administrative, judicial, or arbitral dispute. Previx is fully exempt from any liability or duty to indemnify arising from interpretive disagreements about market resolutions.
8. Market Integrity, Prohibited Practices, and Data Protection
Previx maintains a zero-tolerance policy against financial manipulation and misuse of our intellectual property. The following is strictly prohibited:
Market Manipulation
Unfair trading practices, including Wash Trading (circular trading), Spoofing (placing fake orders), or Direct Insider Trading (trading in markets where you hold direct power or material influence over the event's final outcome). Previx reserves the unilateral right to audit suspicious transactions, void fees, reverse settlements, confiscate illicit funds, and permanently ban violators.
Data Mining and Extraction (Anti-Scraping)
The use of bots, crawlers, spiders, or any automated tool to collect pricing, volume, or market sentiment information from Previx is strictly prohibited. The use of our raw or aggregated data by financial institutions, hedge funds, market makers, or commercial data distributors is prohibited, except under an express commercial licensing agreement with our company.
9. Indemnification Clause (Hold Harmless)
You agree to defend, indemnify, and hold harmless Previx, its subsidiaries, directors, employees, and partners (including investors and developers) from any claim, damage, obligation, loss, liability, cost, or debt (including, but not limited to, attorneys' fees) arising from: (i) your breach of any term or condition of these Terms of Use; (ii) your misuse of the Platform for unlawful, fraudulent, or money-laundering purposes; or (iii) your violation of any third-party rights or laws applicable to your jurisdiction of residence.
10. Limitation of Liability and Acceptance of Risk
Total Risk of Loss
Assets tied to future information are highly volatile. You understand that you may lose up to 100% of the USDC balance allocated to a contract.
Irreversibility
Once an order is executed on the Base network, it is mathematically irreversible. Previx has no technical means to reverse transactions and does not refund operational failures or user's second thoughts.
Liability Cap
To the maximum extent permitted by applicable law, the aggregate and cumulative liability of Previx, its directors, developers, and affiliates for any damages, losses, lost profits, or platform failures shall not, under any circumstances, exceed the amount of US$ 100.00 (one hundred US dollars). Use of the platform is provided strictly "As Is" and "As Available," without express or implied warranties of any kind.
11. Dispute Resolution and Class Action Waiver
In the event of a controversy or dispute arising from use of the Platform that does not involve the irrevocable Oracle resolution, you and Previx agree to the following jurisdiction and arbitration terms:
Binding Arbitration
Any dispute will be resolved exclusively through individual, binding arbitration, administered under the commercial rules applicable to the jurisdiction of our corporate operating holding company, expressly waiving trial by jury or litigation in courts of general jurisdiction.
Class Action Waiver
You agree that any claim against Previx will be conducted solely in your individual capacity. You expressly waive the right to participate in, initiate, join, or act as a representative in any Public Civil Action, Class Action, or joint representative proceeding against Previx, its founders, investors, or affiliated entities.
12. Deposits, Minimum Trading Activity, and Withdrawal Requests
As an operational security measure to prevent fraud and support anti-money-laundering controls, deposited funds are subject to the following conditions before a withdrawal request:
Minimum of Three Trades
After each deposit, the user must complete at least 3 (three) separate, valid, and effectively executed trades on the Platform before requesting withdrawal of the corresponding balance. Cancelled, rejected, voided, or unexecuted orders do not count toward this requirement.
Artificial Transactions Are Prohibited
Simulated, circular, coordinated, self-directed, or otherwise economically illegitimate transactions made solely to satisfy the minimum count are prohibited. Such transactions may be disregarded and subjected to a security review, without prejudice to other measures provided in these Terms.
Security and Compliance Review
Completing three trades does not guarantee automatic withdrawal approval. Previx may request identity verification, source-of-funds evidence, and additional information, and may temporarily suspend processing when there are indications of fraud, money laundering, illicit financing, account misuse, or an applicable legal obligation.
PIX Deposits, Hodpay, and USDC Acquisition
By making a deposit via PIX, the user acknowledges and agrees that the transaction consists of acquiring USDC through a P2P platform independent from Previx, named Hodpay. Hodpay is responsible for processing the conversion between Brazilian Reais and USDC, as well as for its own registration, identity, and compliance checks.
Withdrawal Method, Matching Ownership, and Processing Time
Funds originating from a PIX deposit may only be withdrawn through the same method, via Hodpay, to a PIX account linked to the same CPF and account holder used for the deposit. Following the request and applicable checks, the estimated processing time is 3 (three) to 5 (five) business days. This period may be suspended during security reviews, registration discrepancies, banking unavailability, or requests for additional documents.
Previx — The Information Market · suporte@previxsolutions.com.br