Terms & Conditions
Last Updated: December 9, 2024
By accessing or using Cognisys Labs and participating in activities associated with the $ETHICS token, you agree to comply with the following Terms and Conditions. If you do not agree, you must refrain from using our platform or participating in related activities.
1. Introduction
Cognisys Labs is an open-sourced initiative exploring ethical AI decision-making by deploying state-of-the-art AI models into ethical dilemmas. Participants can earn badges and $ETHICS tokens for engaging in challenges.
2. Eligibility
To participate in Cognisys Labs activities: You must be at least 18 years old or the legal age of majority in your jurisdiction. Participation must comply with local laws and regulations. Cognisys Labs is not available in jurisdictions where such activities are prohibited or restricted.
3. Nature of the $ETHICS Token
No Intrinsic Value: The $ETHICS token has no inherent or guaranteed value. It is designed as a reward mechanism for participation and contribution within the Cognisys Labs ecosystem. It does not represent currency, a financial instrument, or an investment. Not an Investment: $ETHICS tokens are not offered or sold as securities or any other form of investment. Ownership of $ETHICS tokens does not imply any rights to profits, dividends, or future benefits. No Guarantees: There is no guarantee of liquidity, tradability, or transferability for $ETHICS tokens. Their use is limited to within the Cognisys Labs platform, as determined by the platform’s governance.
4. Use of the Platform
Participants agree to use the platform ethically and responsibly. By participating, you confirm that: You will not engage in fraudulent activities, including manipulating AI behavior or other users. You will respect the open-source nature of the project and the community’s rules. Cognisys Labs reserves the right to revoke access to users who violate these terms.
5. On-Chain Participation and Transparency
All contributions, submissions, and interactions are logged on-chain. By participating, you agree that: Your wallet address and actions will be publicly visible on the blockchain. Cognisys Labs is not responsible for the security or management of your wallet or associated private keys.
6. Limitation of Liability
Cognisys Labs, its affiliates, and contributors shall not be held liable for: Any losses or damages arising from your participation in the platform or holding of $ETHICS tokens. Changes in the value, functionality, or availability of $ETHICS tokens. Technical failures, security breaches, or disruptions to the platform.
7. Intellectual Property
Cognisys Labs is open-sourced under [insert applicable license, e.g., MIT License]. Contributions to the platform may be used for research, development, and community benefit. By participating, you grant a non-exclusive, royalty-free license for your submissions to be used within the ecosystem.
8. Amendments
Cognisys Labs reserves the right to modify these Terms and Conditions at any time. Changes will be effective immediately upon posting. Continued participation after modifications constitutes acceptance of the revised terms.
9. Governing Law
These Terms and Conditions shall be governed and construed under the laws of Switzerland. Any disputes arising from participation in Cognisys Labs will be resolved exclusively in the courts of Switzerland.
10. Contact Us
If you have questions about these Terms and Conditions, please contact us on X
Acknowledgment
By participating in Cognisys Labs or holding $ETHICS tokens, you acknowledge that you understand and accept these Terms and Conditions.