Terms of Service

Last updated: August 18, 2025

Please read these Terms of Service ("Terms", "Terms of Service") carefully before using the Nerix platform (the "Service") operated by Nerix ("us", "we", or "our").

1. Acceptance of Terms

By using Nerix, you agree to these Terms. If you don't agree, don't use the platform.

2. Platform Description

Nerix is a gamified Web3-based AI security research and bug bounty platform. We provide AI vulnerability testing through interactive game mechanics, security reporting, and crypto rewards for validated findings.

3. Game Mechanics & Fee Structure

Our platform uses gamified mechanics including iterations, cooldowns, message limits, and dynamic fee structures. Each game has specific parameters detailed in individual game documentation. Fees may vary per game and increase based on participation patterns.

4. User Requirements

You must be at least 18 years old. You're responsible for your wallet security, submissions, and following local laws. We're not liable for lost funds due to user error.

5. Risks

Crypto transactions are risky and irreversible. You may lose funds due to volatility, network issues, or user mistakes. Participate at your own risk.

6. Rewards

Rewards are distributed according to game-specific mechanics and validation criteria. Payments are made in BNB but we may change currencies. Reward calculations follow predetermined formulas per game iteration. All blockchain transactions are final.

6.1 Taxes

You are solely responsible for reporting and paying any taxes related to rewards and platform use.

7. Your Submissions

You own your reports but give us rights to review and use them for security research. We can reject any submission. Our decisions on rewards are final.

8. Third-Party Services

We use external services like blockchain networks and APIs. Their terms may apply and we're not responsible for their issues.

9. Platform Changes

We can modify or suspend the platform anytime. Critical updates may happen without notice.

9.1 Availability & Force Majeure

Service may be unavailable due to maintenance, outages, or events beyond our control (force majeure). We disclaim liability for such unavailability.

10. Prohibited Activities

Don't submit false reports, exploit vulnerabilities maliciously, use bots, circumvent cooldown periods, manipulate game mechanics, break laws, or interfere with other users.

10.1 Enforcement

We may suspend or terminate accounts, withhold rewards, reverse benefits, or report unlawful activity to authorities for violations.

11. Intellectual Property

The platform is our property. You keep rights to your content but give us license to use it for platform operations.

12. Privacy

See our Privacy Policy for data handling details. Blockchain data is public and permanent.

13. Disclaimers

Platform provided 'as is' with no warranties. We're not liable for damages. Maximum liability is limited to recent rewards received.

14. Compliance (KYC/AML & Sanctions)

We may request identity verification and screen users to comply with AML/CTF and sanctions laws. We may restrict or terminate access where required by law.

15. Termination

We can terminate your access anytime for any or no reason. You keep already distributed rewards but lose platform access.

16. Changes

We may update these Terms anytime. Continued use means acceptance of changes.

17. Disputes & Governing Law

These Terms are governed by the laws of Delaware, USA.

17.1 Arbitration

All disputes will be resolved by binding individual arbitration seated in Delaware, USA. Class actions and jury trials are waived to the fullest extent permitted by law.

18. Contact

Questions? Contact hello@nerixai.com

Contact Information

If you have any questions about these Terms of Service, please contact us through our support channels.