DAMAGE Token – Terms of Use

These Terms of Use ("Terms") govern access to and use of the DAMAGE token ("DAMAGE") and related software functionality made available by Steven Joseph ("the Operator").

The Operator is an individual sole trader and not a corporation, partnership, or financial institution.

By acquiring, holding, or using DAMAGE, you acknowledge that you have read, understood, and agreed to these Terms.

DAMAGE is a cryptographic utility token designed for use within the DamageBDD software ecosystem.

DAMAGE is used exclusively for:

• Metering execution of software-defined behaviour
• Coordinating verification activity
• Recording execution references and settling verification spend
• Accessing or unlocking software functionality

Token ownership does not grant equity, debt, an ownership interest in the Operator's business, a claim on profits, a guaranteed return, or a contractual right of redemption or buyback under these Terms. The technical label “utility token” does not determine every legal classification of a service.

The documented workflows include DAMAGE execution accounting and Lightning-based purchase/top-up integration. External acquisition, a hosted account, an external wallet and a contractor payment are different arrangements. Use the description and terms applicable to the service actually offered.

The payment-flow reference explains those distinctions. No general promise of automatic settlement, price stability, immediate conversion or guaranteed liquidity is made by these Terms.

Documentation is technical information, not financial, investment, tax or legal advice. Coinstore and other third-party providers have their own eligibility rules, custody arrangements, fees and terms. The Operator does not operate Coinstore. A market link does not guarantee listing, liquidity or withdrawals.

Custody depends on the selected workflow. Hosted account documentation includes custodial Aeternity wallets. In an external self-custodial wallet, the user controls the keys. A remote signer has an operator-managed signing boundary even when an application does not hold the key itself.

Before use, establish who controls keys, which actions are authorised, and the available recovery process. Do not assume that paying from a Lightning wallet makes a resulting hosted account self-custodial. Key loss and transaction recovery depend on that arrangement; do not assume that the Operator can reverse a settled transaction or recover an external private key.

Crypto-assets may lose their value, and technical, custody or third-party failures can cause losses. These risks do not remove any responsibility or remedy imposed by applicable law.

DAMAGE exists solely as a mechanism within software systems.

Access to software features may:

• Change over time
• Be gated by protocol rules
• Be limited or discontinued

The Operator makes no guarantee that any specific feature, interface, or integration will remain available.

These Terms do not establish an exemption from registration, licensing or other applicable obligations. The actual service, control of assets and transaction flow must be assessed under the applicable law. A software-only or non-custodial description must not be used for a workflow that includes hosted custody or other materially different functionality.

Use or acquire DAMAGE only where permitted by applicable law and provider terms. Comply with applicable identity-verification, sanctions, tax and record-keeping requirements. Do not bypass geographic or account restrictions. An automated agent needs authority from the responsible account owner to purchase, transfer or spend assets.

For Australian background, see ASIC's digital-asset guidance. Seek qualified advice where needed; these Terms do not determine anyone's regulatory obligations.

Nothing in these Terms excludes, restricts or modifies rights, guarantees or remedies that cannot lawfully be excluded, including applicable Australian Consumer Law guarantees. This qualification also applies to section 8.

DAMAGE and all related software are provided "as is" and "as available".

To the maximum extent permitted by law, the Operator disclaims all warranties, express or implied, including but not limited to fitness for purpose, merchantability, or non-infringement.

To the maximum extent permitted by law, the Operator shall not be liable for any indirect, incidental, consequential, or economic loss arising from use of DAMAGE or associated software.

Aggregate liability, if any, shall be limited to the amount paid directly to the Operator for software access in the preceding 12 months.

Nothing in these Terms creates any partnership, agency, joint venture, or employment relationship between the user and the Operator.

Users act independently and at their own risk.

These Terms may be updated from time to time.

Continued use of DAMAGE after publication of updated Terms constitutes acceptance of those changes.

These Terms are governed by the laws of Australia.

Any disputes shall be resolved exclusively in the courts of the relevant Australian jurisdiction.

For matters relating to these Terms, contact:

Steven Joseph<steven@damagebdd.com> Founder, DamageBDD