1. NATURE OF SERVICE (NON-FINANCIAL DISCLAIMER)
1.1. Simulated Environment Only: Veyon Markets provides educational services and software-based skill evaluations. We are NOT a broker, financial custodian, investment advisor, or financial institution. 1.2. Virtual Funds: All trading activities, credits, and account balances displayed on the platform are purely fictitious (simulated). These virtual assets have no inherent real-world monetary value, are not legal tender, and are not cryptocurrency. They cannot be exchanged directly for fiat currency. 1.3. No Real Trading: At no point does the User trade with real capital on live financial markets. No orders are routed to real exchanges. All execution occurs within a closed-loop simulated environment.

2. ELIGIBILITY & RESTRICTED JURISDICTIONS (GEO-BLOCKING)
2.1. Age Requirement: Services are available strictly to individuals who are at least eighteen (18) years of age. 2.2. Restricted Jurisdictions: Access to and use of our services is STRICTLY PROHIBITED for residents, citizens, or persons located in the following jurisdictions: The United States of America (USA) and its territories; North Korea; Iran; Syria; Russia (Sanctioned regions); Any other jurisdiction where participation in prediction markets or proprietary trading evaluations is restricted by law. 2.3. Liability for Breach: By registering, you certify under penalty of perjury that you are not a resident of a Restricted Jurisdiction. Veyon Markets reserves the right to request proof of residency (KYC) at any time. Any violation of this clause will result in immediate account termination and forfeiture of all fees and rewards.

3. CHALLENGE RULES & EVALUATION
3.1. Service Fees: The “Challenge Fee” paid by the User is a fee for accessing the evaluation software and educational resources. It is NOT a deposit and NOT an investment. 3.1.1. Platform Phases: Veyon Markets currently operates in two phases. The Testnet Phase is free to enter, contains no rewards, and exists for platform testing and demand validation. The MVP Competition Phase is a synchronized 21-day leaderboard competition where top performers earn real cash prizes and the Veyon Verified credential. 3.2. Skill-Based Outcome: Veyon Markets is a merit-based platform. Results are determined solely by the User’s skill, strategy, and risk management abilities. Participation does not constitute gambling. 3.3. Failure Criteria: Users must strictly adhere to the technical objectives (e.g., Daily Drawdown limits, Max Loss limits) specific to each Challenge. These rules are incorporated into these Terms by reference, and any violation of the live parameters constitutes a material breach of this agreement. Violation of any technical rule results in an immediate “Hard Fail” of the Challenge. 3.4. No Refund Policy: All sales are final. No refunds will be granted once the service has commenced (i.e., trading credentials have been issued) or if the User fails the evaluation.

4. PROHIBITED TRADING PRACTICES (ANTI-CHEATING)
Veyon Markets maintains a Zero Tolerance Policy regarding market manipulation and unfair practices. The following activities constitute a material breach of these Terms and will result in immediate disqualification and denial of any payout: 4.1. Exploitation: Use of any software glitches, data latency, or platform errors to secure a risk-free advantage. 4.2. Arbitrage: Strictly prohibited strategies include, but are not limited to: Latency Arbitrage, Gap Trading, and High-Frequency Trading (HFT) aimed at exploiting server delays. 4.3. Account Stacking & Group Hedging: Users are prohibited from coordinating with others or using multiple accounts to hedge positions (e.g., opening opposite positions on two accounts) to bypass risk parameters. 4.4. Unauthorized Bots: The use of AI or automated bots that overload our servers or execute strategies prohibited by the platform rules is strictly forbidden without prior written consent.

5. PAYOUTS & KYC COMPLIANCE
5.1. Eligibility for Rewards: Performance-based rewards (“Payouts”) are only issued to Users who have successfully completed all evaluation phases without violating any terms. 5.2. Identity Verification (KYC): General Rule: Prior to any payout, the User may be required to undergo a full Identity Verification process (Government ID + Proof of Address + Liveness Check). Failure to provide valid documentation matching the registered account details will result in the rejection of the payout. MVP Phase Exception: During the MVP phase, we operate under a “One Analyst, One Identity” policy. To ensure platform integrity and a fair environment, top performers may only be required to complete a basic verification process before receiving rewards. However, Veyon Markets reserves the right to request full KYC documentation at its sole discretion. 5.3. Verification & Settlement Protocol (MVP Phase): To maintain 100% integrity, every reward is subject to the following validation: Manual Trade Audit: Our risk engine flags any limit breaches in real-time. Before payout, a final manual audit ensures total compliance with our Fair Play and Anti-Hedging policies. Settlement Window: During the MVP phase, rewards are processed manually within 24 hours of the competition’s resolution to guarantee accuracy and security. 5.4. Capital & Reward Transparency: 5.4.1. Proof of Reserves: Veyon Markets maintains a dedicated Reward Reserve Wallet, which is strictly separated from operational funds. This ensures that all performance rewards and competition prizes are liquid and available for distribution. Public Verification: During the MVP phase, the full dedicated reserve address is publicly listed in the official Veyon Documentation (Docs) and can be verified on-chain via Arbiscan at any time to ensure 100% transparency. 5.4.2. Reward Distribution (Phase 1): Once a User successfully completes an evaluation or achieves a qualifying rank: Notification: Confirmation will be sent via the User’s registered Email. Execution: Monetary rewards are issued in stablecoins (USDC/USDT) directly to the User’s registered wallet. Discounts or access codes are issued via email. Service Level Agreement (SLA): We commit to a 24-hour turnaround time for reward processing, starting from the successful completion of the manual trade audit and identity verification. 5.4.3. Future Automation: While Phase 1 relies on manual verification and distribution to ensure accuracy, the User acknowledges that Veyon Markets intends to transition toward an automated, smart-contract-based reward system in future modules. 5.5. Source of Funds: All rewards are paid from Veyon Markets’ own operating capital as a performance incentive. The User has no direct claim against any underlying financial market. 5.6. Taxes: The User is solely responsible for reporting and paying all applicable taxes in their local jurisdiction. Veyon Markets does not provide tax advice or tax documents.

6. DISCLAIMER OF WARRANTIES & LIMITATION OF LIABILITY
6.1. “As Is” Basis: The platform is provided on an “as is” and “as available” basis. We do not guarantee 100% uptime or error-free operation. 6.2. Technical Risks: Veyon Markets shall not be liable for any losses, failed challenges, or missed opportunities arising from: Internet connectivity issues on the User’s end; Third-party service failures (e.g., Discord, Hosting Providers, Data Feeds); Cyber-attacks, DDoS attacks, or Force Majeure events. 6.3. Platform Modifications: We reserve the right to modify trading parameters (e.g., leverage, available assets) at any time to ensure platform stability. 6.4. Data Sources & Third-Party Providers: The User acknowledges that all market data, including price feeds and event outcomes, are sourced directly from the Polymarket ecosystem. These data feeds are delivered on-chain via our strategic partnership with Struct.to. Accuracy: While we strive for 100% precision, Veyon Markets is not responsible for data latency, inaccuracies, or interruptions originating from these third-party providers or the underlying blockchain network.

7. INTELLECTUAL PROPERTY (IP)
All content, software, graphics, logos, and data on the Veyon Markets platform are the exclusive property of the Provider. Unauthorized reproduction, reverse engineering, or use of our brand is strictly prohibited.

8. INDEMNIFICATION
You agree to indemnify, defend, and hold harmless Veyon Markets, its founders, officers, employees, and agents from any claims, liabilities, damages, or expenses arising from your violation of these Terms, your misuse of the platform, or your violation of any local laws.

9. TERMINATION
9.1. General Right: Veyon Markets reserves the right to suspend or terminate your account immediately, without prior notice, if we suspect any violation of these Terms or “Bad Faith” usage of the platform. 9.2. Appeals Process: In the event of an account termination, the User will be notified via email regarding the primary reason for the action. If you believe this was done in error, you may file an appeal by contacting support@veyonmarkets.com. 9.3. Further Clarification: Upon request, our support team will provide additional clarification regarding the suspension, beyond the initial notification, to ensure transparency in our decision-making process.

10. STRATEGIC ROADMAP & PRE-INCORPORATION STATUS
10.1. Current Status: The User acknowledges that Veyon Markets is currently operating in its Pre-Incorporation Phase. The MVP (Module 1) is designed to validate the core technology, gather market intelligence, and establish a track record of transparency and credibility. 10.2. Intent to Incorporate: Following the successful completion of the MVP phase, Veyon Markets intends to proceed with formal legal incorporation and transition into Module 2. This transition will include the deployment of automated systems and expanded institutional partnerships. 10.3. Continuity: All records, performance data, and established user reputations gathered during the MVP phase will be recognized and carried forward into the post-incorporation entity, ensuring continuity for our early-access community.

11. GOVERNING LAW
These Terms shall be governed by and construed in accordance with international commercial law principles and the laws of the jurisdiction in which Veyon Markets is incorporated. Any disputes shall be resolved exclusively in the competent courts of said jurisdiction.

12. RISK DISCLOSURE
12.1. Nature of Risk: Trading and forecasting, even within a simulated environment, involve significant psychological stress and emotional risk. The simulated nature of Veyon Markets does not eliminate the possibility of developing trading habits that may be risky in live financial markets. 12.2. Market Volatility: Prediction markets are inherently volatile. The User acknowledges that outcomes are uncertain, and performance within the Veyon environment is not a guarantee of future success in any real-world financial activity.