Terms of Service
Our terms and conditions
Terms of Service
Last updated February 27, 2025
PART 1 - AGREEMENT TO TERMS
Table of Contents
- Section 1: AGREEMENT TO TERMS
- Section 2: ELIGIBILITY AND COMPLIANCE
- Section 3: LICENSE GRANT AND USE RESTRICTIONS
- Section 4: EVRICA LEGAL SMART CONTRACTS (ELSCs) AND GOVERNANCE
- Section 5: INTELLECTUAL PROPERTY RIGHTS
- Section 6: USER ACCOUNT AND SECURITY
- Section 7: GLOBAL COMPLIANCE AND REGULATORY STANDARDS
- Section 8: LIABILITY, INDEMNIFICATION, AND FORCE MAJEURE
- Section 9: DISPUTE RESOLUTION AND GOVERNING LAW
- Section 10: MODIFICATIONS AND FINAL PROVISIONS
- Section 11: CONTACT INFORMATION
PART 2 - EVRICA DAO CONSTITUTION & GOVERNANCE CHARTER
Table of Contents
- Section 1: DEFINITIONS
- Section 2: LEGALLY BINDING AGREEMENT
- Section 3: DAO GOVERNANCE & STRUCTURE
- Section 4: SMART CONTRACT SECURITY & GOVERNANCE UPGRADEABILITY
- Section 5: DAO COMMUNITY ENGAGEMENT & MODERATION
- Section 6: TREASURY & TOKENOMICS STABILITY
- Section 7: LEGAL ENFORCEMENT OF DAO RULINGS
- Section 8: PRIVACY & SECURITY (ZERO-KNOWLEDGE PROOFS)
- Section 9: EXIT & DISSOLUTION PROCEDURES
Part 1
Agreement to Terms
Section 1: AGREEMENT TO TERMS
This Terms of Service Agreement (“Agreement”) is a legally binding contract between Evrica Technologies Inc. (“Evrica,” “Company,” “we,” “us”) and you (“User,” “you”), governing your access to and use of:
- The Evrica Platform, including its web-based and mobile applications.
- The Evrica Wallet, facilitating digital asset transactions.
- The Evrica Legal Smart Contracts (ELSCs) framework, incorporating jurisdictional compliance and regulatory protections.
- Evrica DAOs, including governance participation, staking mechanisms, and dispute resolution processes.
By accessing or using Evrica’s services, you:
- Confirm that you have read, understood, and agreed to be legally bound by this Agreement.
- Affirm that you meet all eligibility requirements under Section 2.
- Understand that this Agreement contains legally binding arbitration provisions, limitations of liability, and jurisdictional compliance requirements.
If you do not agree to these Terms, you must discontinue use immediately.
Section 2: ELIGIBILITY AND COMPLIANCE
By using Evrica, you represent and warrant that:
- You are at least 18 years old (or the age of legal majority in your jurisdiction).
- You are not a citizen or resident of a restricted jurisdiction as defined in Section 9.
- You are legally capable of entering into this Agreement and complying with applicable laws.
- Your use of Evrica does not violate financial, tax, securities, or anti-money laundering (AML) regulations in your jurisdiction.
Regulatory Compliance Notice
Evrica does not assume responsibility for ensuring that your use of its services complies with the laws applicable in your jurisdiction. Users are responsible for ensuring that their acquisition, sale, or use of EVR tokens and other tokenized assets comply with applicable securities, taxation, and digital asset regulations in their respective jurisdictions. You bear sole responsibility for compliance, including but not limited to:
- Tax reporting obligations
- AML/KYC compliance
- Digital asset and securities regulations
Failure to comply with applicable regulations may result in account suspension or termination.
Section 3: LICENSE GRANT AND USE RESTRICTIONS
A. Limited License
Evrica grants you a non-exclusive, non-transferable, revocable license to use its services solely for their intended purposes and in compliance with this Agreement.
B. Prohibited Uses
You agree not to:
- Exploit or manipulate Evrica Legal Smart Contracts (ELSCs) to bypass compliance enforcement.
- Circumvent, disable, or interfere with security measures or governance mechanisms.
- Use automated means (such as bots or scrapers) to extract or index Evrica’s proprietary data.
- Engage in fraud, money laundering, terrorist financing, or other illicit activities.
- Modify, reverse-engineer, or create derivative works of Evrica’s proprietary technology, ELSCs, or governance models.
Violations may result in immediate account suspension, termination of services, legal action, and the forfeiture of governance privileges.
Section 4: EVRICA LEGAL SMART CONTRACTS (ELSCs) AND GOVERNANCE
A. Distinction from Traditional Smart Contracts
Smart contracts are written in code while operating in a decentralized and immutable manner. Traditionally, smart contracts are:
- Self-executing programs, and
- Stored on a blockchain that automatically enforces and executes the terms of an agreement when predefined conditions are met, without the need for intermediaries.
Evrica Legal Smart Contracts (ELSCs) are legally enforceable, compliance-layered smart contracts that incorporate:
- Jurisdictional recognition and legal obligations
- Dispute resolution mechanisms aligned with the New York Convention on International Arbitration
- Compliance with regulatory frameworks, including the U.S. SEC, Swiss FINMA, MAS, FSRA, and AML Directives
B. Legal Enforceability and Dispute Resolution
- All ELSC-based transactions are final and legally binding under the Evrica DAO Constitution & Governance Charter as outlined in Part II of this Agreement.
- Disputes shall first be addressed through DAO arbitration, with final resolution subject to applicable laws of identified jurisdiction as identified upon registration in DAO Registration Agreement.
Section 5: INTELLECTUAL PROPERTY RIGHTS
A. Ownership
Evrica retains all rights, title, and interest in:
- Evrica Legal Smart Contracts (ELSCs)
- Proprietary governance algorithms and APIs
- Evrica branding, trademarks, and patents
B. License Restrictions
You may not:
- Use Evrica’s proprietary technology for unauthorized commercial purposes.
- Replicate, distribute, or create derivative works of Evrica’s ELSC infrastructure without prior written approval.
Unauthorized use may result in legal action, injunctive relief, and financial penalties.
Section 6: USER ACCOUNT AND SECURITY
- Evrica does not store, recover, or replace lost private keys.
- You are solely responsible for securing your private keys and authentication credentials.
- Unauthorized access resulting from user negligence is not considered Evrica’s liability.
Section 7: GLOBAL COMPLIANCE AND REGULATORY STANDARDS
Evrica complies with Financial Action Task Force (FATF) AML/KYC standards and is legally recognized in:
- United States: SEC and FinCEN compliance
- Switzerland: FINMA compliance
- European Union: AMLD5 and AMLD6 directives
- Singapore: MAS regulatory oversight
- United Arab Emirates: FSRA and VARA digital asset compliance
Users must adhere to all jurisdictional regulations before engaging with Evrica’s platform.
Section 8: LIABILITY, INDEMNIFICATION, AND FORCE MAJEURE
A. Limitation of Liability
Evrica is not liable for:
- Market volatility, token price changes, or economic losses
- Errors, vulnerabilities, or technical failures in smart contracts
- External cyberattacks, network disruptions, or force majeure events
B. Indeminification
You agree to defend, indemnify, and hold harmless Evrica, its officers, and affiliates against any claims arising from:
- Misuse of the platform
- Unauthorized modifications to ELSCs
- Violations of compliance obligations
C. Force Majeure
Evrica shall not be liable for any failure or delay in performance resulting from circumstances beyond its reasonable control, including regulatory actions, governmental restrictions, cyberattacks, or global events including, but not limited to, natural disasters or market volatility.
Section 9: DISPUTE RESOLUTION AND GOVERNING LAW
All disputes shall be resolved through binding arbitration in Delaware, USA, under the rules of the American Arbitration Association (AAA). In cases where DAO arbitration decisions require enforcement outside of Delaware, Evrica DAO shall align with the Swiss FINMA DAO Framework and international arbitration bodies, including the UNCITRAL Model Law on International Commercial Arbitration.
- The New York Convention on International Arbitration
- The European Union Online Dispute Resolution (ODR) framework
- The UNCITRAL Model Law on Electronic Commerce
DAO arbitration rulings shall be enforceable in jurisdictions with mutual legal assistance treaties (MLATs) and bilateral arbitration recognition agreements, including U.S.-EU, Switzerland-UAE, and Singapore-U.S. frameworks.
Section 10: MODIFICATIONS AND FINAL PROVISIONS
- Evrica reserves the right to modify, amend, or update these Terms in response to regulatory or technological developments.
- Any material changes to these Terms shall be subject to DAO governance voting procedures.
Section 11: CONTACT INFORMATION
For any inquiries regarding these Terms, please contact:
Email: legal@evrica.app
Evrica Technologies Inc.800 North State Street Suite 304
City of Dover, County of Kent, 19901, State of Delaware
United States
Part 2
Evrica DAO Constitution & Governance Charter
Section 1: DEFINITIONS
For clarity and legal precision, the following definitions apply throughout this document:
- Evrica DAO – The core governance entity overseeing the Evrica ecosystem, responsible for constitutional governance, economic frameworks, and legal smart contract enforcement.
- Governing DAO – A sectoral or regional DAO that enforces governance policies, compliance rules, and dispute resolution mechanisms within a defined industry or jurisdiction.
- Community DAO – A user-driven governance body that manages treasury allocations, domain registrations, and localized decision-making processes.
- Trust Score – A reputation-based system that determines a user’s governance influence, arbitration rights, voting power, and financial privileges within the ecosystem.
- Staking – The act of locking EVR tokens in governance pools to participate in decision-making, treasury management, and dispute resolution.
- Arbitration – The structured resolution process for disputes within Evrica DAOs, carried out through multi-tiered governance mechanisms and binding smart contract enforcement.
- Evrica Legal Smart Contracts (ELSC) – Self-executing digital agreements that enforce governance decisions, treasury allocations, and compliance policies autonomously.
- Treasury – A decentralized financial reserve governed by DAO participants, responsible for funding governance initiatives, dispute resolution, and network security.
- Compliance Enforcement – The decentralized mechanism through which DAOs ensure regulatory adherence, penalize misconduct, and maintain network integrity.
- Binding DAO Rulings – Final decisions made by DAO governance structures that carry full enforceability within the Evrica ecosystem, with the potential for recognition in traditional legal systems.
Section 2: LEGALLY BINDING AGREEMENT
A. DAO Governance and Binding Agreements
- Your participation constitutes legal acceptance of DAO-enforced governance rules, smart contract execution, and decentralized compliance mechanisms.
- Evrica DAO holds supreme authority over governance, policy enforcement, and compliance through its multi-tiered DAO network.
- All DAO transactions, smart contract interactions, and governance decisions are final, immutable, and legally enforceable.
B. Jurisdiction and Regulatory Compliance
- Evrica does not guarantee legal permissibility in all jurisdictions. Users must ensure compliance with their local financial, tax, and regulatory laws.
- Governing DAOs function as sector-specific and jurisdictional compliance enforcers, ensuring lawful operations across different legal frameworks.
- Users engaging in cross-border financial transactions within Evrica’s infrastructure bear full responsibility for legal compliance.
C. Arbitration and Dispute Resolution
- DAO Arbitration is the exclusive dispute resolution mechanism within the Evrica ecosystem.
- If a dispute falls beyond DAO jurisdiction, it shall be resolved through binding arbitration in Delaware, USA, under American Arbitration Association (AAA) rules.
- DAO rulings and smart contract-based decisions are legally enforceable and may be recognized in traditional legal frameworks through Evrica Legal Smart Contracts (ELSCs).
Section 3: DAO GOVERNANCE & STRUCTURE
Evrica DAO operates under a multi-tiered governance hierarchy to ensure structured decision-making, compliance enforcement, and transparent economic participation.
A. DAO Hierarchy and Classification
1. Evrica DAO (Core Constitutional Authority)
- Supreme governance entity setting ecosystem-wide policies, economic models, and compliance frameworks.
- Oversees sectoral and regional DAOs, ensuring universal adherence to protocol-wide standards.
- No single entity or individual may control more than 15% of the total governance voting power within Evrica DAOs. Stakeholders exceeding this threshold must delegate excess voting rights proportionally among verified independent
2. Governing DAOs (Sectoral & Regional Authorities)
Industry-Specific DAOs enforce governance and compliance for:
- Decentralized Finance (DeFi) DAO.
- Real Estate & Asset Tokenization DAO
- Intellectual Property & Legal Contracts DAO
- AI & Data Governance DAO
- Healthcare & Biotech DAO
- Energy & Sustainability DAO
- Supply Chain & Trade Finance DAO
- Etc.
3. Community DAOs (Operational & Public Governance Bodies)
- Manage treasury distributions, domain registrations, and community-driven governance.
- Governance participation occurs through staking-based decision-making, voting, and arbitration.
Section 4: SMART CONTRACT SECURITY & GOVERNANCE UPGRADEABILITY
A. Smart Contract Security & Audits
Evrica Legal Smart Contracts (ELSCs) are audited, tested, and secured against vulnerabilities, ensuring compliance, legal enforceability, and dispute resolution integrity.
- All governance smart contracts undergo periodic security audits by independent third-party firms.
- Security vulnerabilities, if discovered, trigger an emergency governance vote to execute a smart contract upgrade.
B. Governance Upgrade Mechanisms
ELSCs are upgradeable through DAO governance voting procedures, enabling protocol enhancements, compliance updates, and dispute resolution mechanism improvements.
- Governance upgrades must pass a ⅔ majority vote from Governing DAOs before implementation.
- Upgrade proposals must be audited and made publicly available for review before execution.
Section 5: DAO COMMUNITY ENGAGEMENT & MODERATION
A. Community Participation & User Responsibility
- Evrica’s DAO Community Platforms (forums, discussion boards, social channels, and decentralized governance platforms) are provided for open discussion, governance participation, and decentralized decision-making.
- By engaging in Evrica DAO communities, you acknowledge and accept full liability for your contributions, discussions, proposals, votes, and shared content.
- Users must ensure their interactions align with Evrica DAO’s constitutional governance, Governing DAO rules, and all applicable regulatory frameworks.
B. Rules of Conduct & Content Moderation
To maintain a secure and constructive governance environment, users must adhere to the following Community Standards:
- Respectful Conduct: No harassment, hate speech, threats, or defamatory remarks.
- Integrity & Transparency: No misleading information, impersonation, or fraudulent activities.
- Governance Compliance: All discussions and proposals must align with Evrica DAO and Governing DAO regulations.
- No Illegal Activity: Any promotion of money laundering, financial crime, or regulatory evasion is strictly prohibited.
- Data Privacy Respect: No sharing of private or sensitive data (yours or others’) in public forums.
C. Moderation & DAO Governance Oversight
- Evrica and its Governing DAOs reserve the right to monitor and enforce community rules, but do not bear liability for user-generated content.
- Community discussions and governance proposals may be subject to DAO-led review and arbitration, but content moderation shall not infringe on lawful privacy rights or decentralized participation.
- Evrica maintains the right to suspend, restrict, or ban users violating community standards, particularly in cases of:
- Governance Manipulation or Sybil Attacks
- Fraudulent or Non-Compliant Token Activities
- Threats to Platform Integrity or Security
D. Privacy & Non-Intrusion Commitment
- Evrica does not actively monitor or censor DAO discussions unless violations of governance rules, compliance policies, or security threats arise.
- Evrica’s moderation does not extend to private DAO-based communications (e.g., direct user-to-user interactions, encrypted chats).
- Users acknowledge that community engagement is public, decentralized, and operates under DAO-led governance principles, meaning content may be reviewed, voted on, or flagged by other participants in line with DAO governance structures.
E. Liability Disclaimer & User Accountability
- Evrica assumes no responsibility for disputes, damages, or legal issues arising from DAO community interactions.
- Users are solely responsible for the consequences of their statements, votes, and governance participation, including but not limited to:
- Regulatory compliance of proposals submitted to the DAO.
- Financial decisions influenced by discussions within Evrica’s community platforms.
- Public reputation or liability stemming from user engagement.
- Evrica is not liable for third-party content, misinformation, or disputes occurring within DAO discussions, and users agree to indemnify Evrica against any claims related to community engagement.
F. Enforcement & Appeal Process
- Users subject to moderation actions, community restrictions, or governance-related bans may request a DAO governance review, which will be resolved through DAO arbitration.
- Governance penalties or suspensions may be appealed through the Evrica DAO’s dispute resolution mechanisms, subject to governance voting procedures.
Section 6: TREASURY & TOKENOMICS STABILITY
EVR tokens serve as governance, staking, and utility tokens within the Evrica ecosystem. They do not constitute securities, shares, or ownership interests in Evrica Technologies Inc. Token holders do not have claims to the company’s profits, dividends, or legal ownership rights.
- All treasury reserves are secured in multi-signature wallets controlled by DAO-approved keyholders.
- Large treasury movements require ⅔ majority approval from Governing DAOs.
B. Treasury Investment Yield Strategies
- The Evrica DAO Treasury may allocate up to 10% of its reserves into stablecoin yield strategies for sustainability.
- Treasury allocations for investment must be approved through governance and remain publicly auditable.
Section 7: LEGAL ENFORCEMENT OF DAO RULINGS
- DAO arbitration decisions are legally binding within the Evrica ecosystem.
- Recognition in traditional legal systems is supported through:
- Evrica Legal Smart Contracts (ELSCs)
- Jurisdictional Arbitration Recognition (New York Convention on Arbitration 1958)
- Regulatory Compliance Alignment (Swiss FINMA DAO Framework)
Section 8: PRIVACY & SECURITY (ZERO-KNOWLEDGE PROOFS)
- Evrica DAO integrates Zero-Knowledge Proofs (ZKPs) for governance voting, ensuring voter anonymity.
- Multi-Party Computation (MPC) wallets secure treasury keyholders to prevent single-point failures.
Section 9: EXIT & DISSOLUTION PROCEDURES
- If Evrica DAO transitions to a new blockchain, a ⅔ majority vote is required.
- Treasury reserves may be liquidated under U.S. and Swiss financial regulations for fair redistribution.
- A final DAO vote is required before closure.
- Users must manually claim migrated EVR tokens and tokenized assets within six (6) months of an announced DAO blockchain transition. After this period, unclaimed assets will be securely held in the Evrica DAO treasury for governance-approved allocations