Terms of Service

Last updated: January 2025

1. Acceptance of Terms

By accessing or using Chancy ("the Service"), a decentralized lottery protocol on World Chain, you agree to be bound by these Terms of Service. If you do not agree, do not use the Service.

⚠️ IMPORTANT: This is a decentralized protocol. Users are responsible for complying with all applicable laws in their jurisdiction.

2. Age and Eligibility Requirements

  • You must be at least 18 years old to use this Service
  • You must be legally permitted to participate in games of chance in your jurisdiction
  • You must have a verified World ID (Orb verification required)
  • You are responsible for determining whether participation is legal in your location

3. Prohibited Jurisdictions

The Service is NOT available to residents or citizens of:

  • United States of America and its territories
  • China (PRC)
  • North Korea (DPRK)
  • Iran
  • Syria
  • Cuba
  • Any jurisdiction where lottery participation is prohibited
  • Any OFAC-sanctioned countries

This list may be updated at any time. Check regularly for changes.

4. Nature of Service

Decentralized Protocol: Chancy is a decentralized smart contract protocol. There is no central operator, company, or entity controlling the lottery outcomes.

Entertainment Purpose: This Service is provided for entertainment purposes only. It is not an investment opportunity or financial product.

No Investment Advice: Nothing on this platform constitutes investment, financial, legal, or tax advice.

5. Lottery Rules

  • Maximum one ticket per person per draw (enforced by World ID)
  • Tickets are non-refundable and non-transferable
  • Winners are selected randomly using WitNet oracle
  • 90% of collected funds go to prize pool
  • 5% for infrastructure, 5% for development
  • Draws occur every 24 hours automatically

6. Risks and Disclaimers

YOU ACKNOWLEDGE AND ACCEPT THE FOLLOWING RISKS:

  • Smart contract bugs or vulnerabilities
  • Total loss of funds
  • Regulatory changes that may affect service availability
  • Tax obligations on any winnings
  • Network congestion or technical failures
  • Oracle manipulation or failure

7. NO WARRANTY

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, AND NON-INFRINGEMENT.

8. Tax Responsibilities

Winners are solely responsible for:

  • Reporting winnings to appropriate tax authorities
  • Paying any applicable taxes on prizes
  • Maintaining records of participation and winnings
  • Seeking professional tax advice if needed

9. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, IN NO EVENT SHALL THE PROTOCOL DEVELOPERS, CONTRIBUTORS, OR ANY ASSOCIATED PARTIES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, OR ANY LOSS OF PROFITS OR REVENUES.

10. Dispute Resolution

Any disputes shall be resolved through binding arbitration under the rules of the International Chamber of Commerce (ICC). The arbitration shall be conducted in English and take place in a neutral jurisdiction.

11. Modifications

These terms may be updated at any time. Continued use of the Service constitutes acceptance of modified terms. Check this page regularly for updates.

12. Contact

For questions about these Terms, please visit ourGitHub repository.

By using Chancy, you acknowledge that you have read, understood, and agree to these Terms of Service.