Terms of Service
DRAFT — pending counsel review, not yet in force
1. The service
FightForFunds operates head-to-head fundraising competitions ("Fights") between verified fundraisers. Donations are made in USDC and held in an on-chain escrow contract on the Sui network until the Fight resolves.
2. The core rule
When a Fight ends, the side with the larger total receives the entire combined pot minus a 3.5% platform fee. Donations made to the losing side are redirected to the winning side's verified recipient wallet. Donations are final and non-refundable except where a Fight is cancelled, in which case original donations are recoverable on-chain by the donating wallet.
3. Eligibility
You must be 18 or older and located in a supported jurisdiction (currently California, Texas, Florida, Illinois, and Georgia). Geofencing is enforced at the network edge; circumventing it with a VPN is a violation of these terms. Donors above cumulative thresholds must complete identity verification.
4. Not gambling, not investment
Donations are gifts to the prevailing cause under the redirect rule. Donors receive no money, prizes, or financial return under any outcome, and no chance-based mechanic exists: outcomes are determined solely by donation totals.
5. Settlement timing
Fiat purchases close 30 minutes before each Fight deadline. Funds that settle after the deadline are automatically refunded to the sender and do not count toward any side.
6. Fees
The platform fee is 3.5% of the final pot, deducted at distribution and capped at 5% by the escrow contract itself. There are no other donor-facing fees; network gas is sponsored by the platform.
7. Fundraiser obligations
Fundraisers must be verified, provide truthful campaign content, and hold written authorization to fundraise for the stated cause. Misrepresentation results in removal and may result in a Fight being frozen or cancelled by the platform's emergency controls (maximum freeze: 7 days).
8. Disputes and liability
The on-chain contract state is the authoritative record of every Fight. Platform liability is limited to the maximum extent permitted by law. Disputes are resolved in the operator's jurisdiction of incorporation.