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Terms of Service.

The ground rules for using our website. Written to be read — not just agreed to.

5 min read
Last Updated · April 24, 2026

These Terms of Service ("Terms") govern your use of the BettorToken website and the informational materials available on it. Use of the website constitutes acceptance of these Terms. If you do not agree, do not use the site.

No Offer or Solicitation

The BettorToken website is provided for informational purposes only. Nothing on this website constitutes an offer to sell or a solicitation of an offer to buy any security, token, or financial instrument. Offers are made solely pursuant to definitive offering documents delivered to verified qualified parties under an NDA.

Eligibility

Our offerings are available only to verified accredited individuals and institutional allocators meeting the accreditation standards of the U.S. federal securities laws. If you are not accredited, you may not participate. The website is provided for educational context regardless of eligibility, but the offerings themselves are not available to you.

No Investment Advice

Content on this website does not constitute investment, legal, tax, or financial advice. You should consult your own advisors before making any decision about our offerings. We make no representation that any offering is suitable for you.

Past Performance

Historical performance information, including the FY1 Annual Differential, was produced under the platform's earlier execution approach; BettorToken's go-forward model is executed through corporate accounts at regulated U.S. prediction-market venues, and prior results are not necessarily indicative of results under the current model. It reflects the completed first fiscal year of SPLT platform operations. Past performance does not guarantee or predict future results. Our offerings involve substantial risk, including the risk of total loss of committed capital.

Accuracy of Information

We use reasonable efforts to ensure website information is accurate and current, but we do not guarantee accuracy or completeness, and this website may contain errors, omissions, or information that has become outdated. Platform NAV, market data, and similar figures are updated at the intervals described on the specific page and may not reflect the most recent value at the moment of your viewing. Definitive terms are contained in the applicable offering documents, which govern in case of conflict with website content.

No Reliance; Definitive Documents Control

No statement, figure, description, or other content appearing on this website constitutes a representation or warranty of the Company. Website content is general information only, is subject to change without notice, and may contain errors, omissions, or information that is no longer current. No person should rely on any content of this website in deciding whether to participate in any BettorToken instrument, enter into any transaction with the Company, or take any other action.

The only representations and warranties on which any person is entitled to rely are those expressly set forth in the Company's definitive documentation for the applicable instrument, including as applicable the offering memorandum, the token purchase or subscription agreement, the note purchase agreement and form of note, and any other agreement executed between that person and the Company. Those documents constitute the complete and exclusive statement of the terms applicable to any participation and supersede all prior and contemporaneous statements, communications, and materials, whether appearing on this website or otherwise. In the event of any inconsistency between this website and the definitive documentation, the definitive documentation controls in all respects.

Nothing in this section is intended to limit any liability that cannot be limited or disclaimed under applicable law, including liability under the antifraud provisions of the U.S. federal securities laws.

Net Asset Value: Nature, Determination, and Limitations

NAV is the Company's own valuation. Net asset value, or NAV, is the price at which BettorToken currently values the SPLT utility credential. It is a valuation determined by the Company in accordance with its stated methodology. It is not a market price. It is not established by any exchange, auction, order book, dealer, or independent pricing service, and it does not represent a price at which any credential can be bought or sold by any person.

NAV reflects the enterprise as a whole, not any single strategy. NAV reflects the Company's assessment of the overall success or failure of the project and of Company activities generally. Those activities include, without limitation, platform operations, analytical results, treasury and digital-asset positions, intellectual property, contractual and litigation matters, operating expenses, capital structure, regulatory developments, counterparty and venue relationships, and any other element of the Company's business model. NAV is not directly tied to, and must not be read as a measure of, the performance of any individual model, strategy, trade, account, venue, program, or project.

NAV may change expansively and without explanation. NAV is subject to change at any time. It may fluctuate expansively, in either direction, for a wide variety of reasons, for reasons the Company does not identify or disclose, or for no articulable reason at all. Changes may be sudden and may be material. Prior NAV values, including any prior fiscal-year result, do not predict, indicate, or constrain future NAV values.

No representation that NAV will appreciate. The Company does not warrant, represent, guarantee, or undertake that NAV will appreciate, that NAV will be maintained at or above any level, that any particular NAV will be available on any future date, or that any credential will have any particular value at redemption or at any other time. Participants may lose some or all of the amount they contribute.

Use of Funds; No Claim on Company Assets

What a purchaser receives. SPLT is a utility credential that grants the holder access to the BettorToken platform and software. A purchaser acquires that access right. A purchaser does not acquire an ownership interest in the Company, a share of any fund, a claim against any Company asset, a security interest, or any right to any specific account, position, revenue stream, or profit.

Funds become Company funds. Amounts paid for credentials become general funds of the Company upon receipt. They are not held in trust or escrow for any purchaser, are not maintained in any segregated or separately identified account for any purchaser, are not pooled or invested on any purchaser's behalf, and are not managed as a fund or on a discretionary advisory basis for any person. No separate pool of assets is maintained for the benefit of purchasers.

Sole and absolute discretion over use. The Company has sole and absolute discretion over the use of those funds and may apply them to any purpose it determines appropriate. Purchasers acknowledge and agree that funds may be used, in whole or in part, for activities that carry substantial risk of loss, including without limitation sports wagering, casino gaming, securities and derivatives trading, digital-asset trading and treasury operations, working capital, compensation, professional fees, litigation, and general corporate purposes. Those activities may be conducted through corporate accounts or through accounts held in the names of Company principals. The Company is under no obligation to apply funds in any particular manner, to preserve them, or to segregate them, and it may change its use of funds at any time without notice to or consent from any purchaser.

Credential value. Credential value is determined by the Company and reflects the Company's overall business and its use of funds. It may increase or decrease, and purchasers may lose some or all of the amount paid. The Company gives no assurance that any amount will be returned or that any credential will have any particular value at any time.

Current operating policy. The contractual discretion described above is broad. Separately, as a matter of current company policy, the Company's go-forward sports-market strategy is executed through corporate accounts at regulated U.S. prediction-market venues rather than consumer sportsbook accounts. That policy describes present practice, may change at any time, and does not limit the Company's contractual discretion.

No Secondary Market; Transfer Restrictions

There is no secondary market for SPLT, for the Fixed-Yield Note, or for any other BettorToken instrument. No such market exists, none is expected to develop, and the Company does not intend to create, sponsor, support, make a market in, or facilitate any secondary market. The instruments are non-transferable except as expressly permitted by their definitive documentation, and any purported transfer in violation of those restrictions is void.

No person should participate in reliance on any ability to transfer, resell, pledge, hypothecate, or otherwise dispose of any instrument, or in reliance on the existence of liquidity of any kind. Liquidity is limited to the redemption mechanics, if any, expressly set out in the definitive documentation, and those mechanics are subject to the lock-up periods, windows, notice requirements, conditions, and Company discretion described in those documents. Participants should be prepared to hold to the end of the applicable term and to bear the entire economic risk of the position for its full duration.

Assumption of Risk

You acknowledge and agree that any participation in a BettorToken instrument involves substantial risk, including the risk of loss of the entire amount contributed. You represent that you have the knowledge, experience, and financial capacity to evaluate and bear that risk, that you are capable of bearing a complete loss, and that you are not relying on the Company or any of its personnel for legal, tax, accounting, regulatory, or financial advice. You assume all risk arising from your use of this website and from any decision you make in connection with it.

No Fiduciary or Advisory Relationship

Nothing on this website, and no communication between you and the Company or its personnel, creates any fiduciary, advisory, agency, partnership, joint venture, trust, or similar relationship between you and the Company. The Company does not act as your fiduciary, adviser, or agent, does not owe you any fiduciary duty, and deals with you on an arm's-length basis. Any relationship arising from participation in an instrument is governed exclusively by the definitive documentation for that instrument.

Intellectual Property

All content on the website — including text, design, logos, graphics, analytical methodology descriptions, and software — is the property of BettorToken or its licensors and is protected by U.S. and international copyright, trademark, and patent law. BettorToken has filed a provisional patent application covering aspects of its proprietary analytical methodology. You may view content for personal, non-commercial use; any other use requires written permission.

Acceptable Use

Third-Party Services

Our platform integrates third-party services including Plaid (KYC/AML), DocuSign (execution), MagicLink (SPLT custody), and our third-party accreditation-verification service. Your use of these services is governed by their own terms. BettorToken is not responsible for third-party service outages, errors, or policy changes.

Disclaimer of Warranties

This website and all content, figures, data, tools, calculators, and materials on it are provided "as is," "as available," and "with all faults," without warranty of any kind. To the fullest extent permitted by applicable law, the Company disclaims all warranties, representations, and conditions, whether express, implied, statutory, or arising from course of dealing or usage of trade, including without limitation any warranty of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, completeness, currency, reliability, availability, uninterrupted or error-free operation, or freedom from harmful components. The Company does not warrant that any figure, calculation, or output presented on this website is accurate, complete, current, or free from error, and does not warrant that any defect will be corrected. No advice or information, whether oral or written, obtained from the Company or through this website creates any warranty not expressly stated in these Terms. Some jurisdictions do not allow the exclusion of certain warranties, so some exclusions may not apply to you. Nothing in this section excludes liability that may not be excluded under applicable law.

Limitation of Liability

To the fullest extent permitted by applicable law, BettorToken Holdings LLC, its affiliates, and their respective members, managers, officers, directors, employees, agents, and representatives shall not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, business opportunity, or anticipated savings, arising out of or relating to this website or these Terms, whether based in contract, tort, negligence, strict liability, warranty, statute, or any other theory, and whether or not the Company has been advised of the possibility of such damages. To the fullest extent permitted by applicable law, the aggregate liability of the Company and the persons listed above for all claims arising out of or relating to this website or these Terms shall not exceed the greater of (a) one hundred U.S. dollars ($100) or (b) the total amount you paid to the Company for access to this website during the twelve (12) months preceding the event giving rise to the claim. These limitations are an essential basis of the bargain and apply even if a limited remedy is found to have failed of its essential purpose. Nothing in this section limits or excludes liability that may not be limited or excluded under applicable law, including liability for fraud, for willful misconduct, or under the antifraud provisions of the U.S. federal securities laws. Some jurisdictions do not allow certain exclusions or limitations, so some of the above may not apply to you.

Indemnification

To the fullest extent permitted by applicable law, you agree to indemnify, defend, and hold harmless BettorToken Holdings LLC, its affiliates, and their respective members, managers, officers, directors, employees, agents, and representatives from and against any and all claims, demands, actions, proceedings, losses, liabilities, damages, judgments, settlements, costs, and expenses, including reasonable attorneys' fees, arising out of or relating to: (a) your use of or access to this website; (b) your breach of these Terms; (c) your violation of any applicable law or regulation or of the rights of any third party; or (d) any information or materials you submit to the Company. The Company reserves the right, at its own expense, to assume the exclusive defense and control of any matter otherwise subject to indemnification by you, and you agree to cooperate with that defense. This section does not require you to indemnify the Company for any liability arising from the Company's own fraud, willful misconduct, or violation of law, or for any liability that may not be indemnified under applicable law.

Dispute Resolution; Binding Arbitration; Class Action Waiver

Please read this section carefully. It affects your legal rights, including your right to file a lawsuit in court and to have disputes heard by a jury or as part of a class.

Informal resolution first. Before commencing any proceeding, you agree to notify the Company in writing at the address in the Contact section, describing the dispute and the relief sought, and to negotiate in good faith for at least sixty (60) days. This process is a condition precedent to commencing arbitration.

Binding arbitration. Except as provided below, any dispute, claim, or controversy arising out of or relating to this website, these Terms, or the relationship between you and the Company in connection with this website, including questions of formation, scope, validity, enforceability, and arbitrability, shall be resolved exclusively by final and binding arbitration administered by a recognized arbitral institution under its applicable commercial rules, before a single arbitrator, seated in Wilmington, Delaware, and conducted in English. Judgment on the award may be entered in any court of competent jurisdiction. The Federal Arbitration Act governs the interpretation and enforcement of this section.

Class action and jury trial waiver. To the fullest extent permitted by applicable law, all disputes shall be arbitrated on an individual basis only. You and the Company each waive any right to bring or participate in a class, collective, consolidated, coordinated, or representative proceeding, and waive any right to a trial by jury. The arbitrator may not consolidate the claims of more than one person and may not preside over any form of representative proceeding. If this paragraph is found unenforceable as to any claim or request for relief, that claim or request shall be severed and heard in a court of competent jurisdiction, and all remaining claims shall proceed in arbitration.

Exceptions. Either party may bring an individual action in small-claims court, and either party may seek injunctive or other equitable relief in a court of competent jurisdiction to protect intellectual property or confidential information. Nothing in this section limits any right you may have to bring a claim before a government agency, including the U.S. Securities and Exchange Commission or the U.S. Commodity Futures Trading Commission, or waives any right that may not be waived under applicable law, including any non-waivable right under the U.S. federal securities laws.

Relationship to definitive documentation. This section governs disputes arising from this website. Disputes arising from participation in any BettorToken instrument are governed by the dispute-resolution provisions of the definitive documentation for that instrument, which control in the event of any inconsistency.

Limitation Period for Claims

To the fullest extent permitted by applicable law, any claim or cause of action arising out of or relating to this website or these Terms must be commenced within one (1) year after the claim or cause of action accrues, or it is permanently barred. This limitation does not apply to any claim for which a shorter or longer period is mandated by law and may not be shortened by agreement, including claims under the U.S. federal securities laws.

Governing Law

These Terms are governed by the laws of the State of Delaware, without regard to conflict-of-laws principles. Any dispute arising from the website or these Terms shall be resolved exclusively in the state or federal courts located in Delaware, and you consent to the personal jurisdiction of those courts.

Severability and Reformation

If any provision of these Terms is held invalid, illegal, or unenforceable in any respect, that provision shall be modified to the minimum extent necessary to make it valid, legal, and enforceable while preserving its intent to the greatest extent permitted, and if it cannot be so modified, it shall be severed. The remaining provisions shall continue in full force and effect. The invalidity of a provision in one jurisdiction does not affect its validity in any other jurisdiction.

Survival

All provisions that by their nature should survive termination or expiration shall survive, including without limitation the provisions governing no reliance, net asset value, no secondary market, assumption of risk, no fiduciary relationship, intellectual property, disclaimer of warranties, limitation of liability, indemnification, dispute resolution and class action waiver, limitation period, governing law, and these general provisions.

Entire Agreement

These Terms, together with the Privacy Policy and the Risk Disclosures posted on this website, constitute the entire agreement between you and the Company with respect to this website and supersede all prior and contemporaneous understandings, agreements, representations, communications, and materials, whether written or oral, relating to this website. For the avoidance of doubt, participation in any BettorToken instrument is governed exclusively by the definitive documentation for that instrument, which contains the complete and exclusive statement of the terms of that participation and controls over these Terms and over any content on this website in the event of any inconsistency.

No Waiver

No failure or delay by the Company in exercising any right, power, or remedy under these Terms operates as a waiver of it, and no single or partial exercise precludes any further exercise. Any waiver must be in writing and signed by an authorized representative of the Company, and applies only to the specific instance and purpose for which it is given.

Force Majeure

The Company shall not be liable for any failure or delay in performance arising from causes beyond its reasonable control, including without limitation acts of God, natural disasters, fire, flood, epidemic or pandemic, war, terrorism, civil unrest, labor disputes, governmental, regulatory, judicial, or exchange action or restriction, changes in law, sanctions, failures or interruptions of the internet, telecommunications, electrical, hosting, custodial, banking, or venue systems, cyberattack, or the acts or omissions of third-party service providers, counterparties, custodians, or venues.

Assignment

You may not assign or transfer these Terms or any rights or obligations under them, by operation of law or otherwise, without the Company's prior written consent, and any attempted assignment without such consent is void. The Company may assign these Terms in whole or in part, without restriction and without notice, including in connection with a merger, reorganization, sale of assets, or change of control. These Terms bind and inure to the benefit of the parties and their permitted successors and assigns.

Electronic Communications and Records

By using this website or communicating with the Company electronically, you consent to receive communications, disclosures, notices, and records from the Company in electronic form, and you agree that all such electronic communications satisfy any legal requirement that they be in writing. You agree that electronic signatures, acceptances, and records have the same legal effect as handwritten signatures and paper records to the fullest extent permitted by applicable law. You may withdraw this consent by contacting the Company, in which case the Company may discontinue providing access to this website or to any electronic service.

No Third-Party Beneficiaries

These Terms are for the sole benefit of you and the Company and their permitted successors and assigns. Nothing in these Terms confers any right, benefit, or remedy on any other person, except that the affiliates, members, managers, officers, directors, employees, agents, and representatives of the Company are intended third-party beneficiaries of the provisions limiting liability, disclaiming warranties, requiring indemnification, and governing dispute resolution, and may enforce those provisions directly.

No Partnership or Agency

Nothing in these Terms or on this website creates any partnership, joint venture, agency, employment, or franchise relationship between you and the Company. Neither party has authority to bind the other or to incur obligations on the other's behalf.

Interpretation

Headings are for convenience only and do not affect interpretation. "Including" and "such as" mean "including without limitation." These Terms shall not be construed against the Company as drafter. If these Terms are translated into another language, the English version controls.

Termination and Suspension of Access

The Company may suspend, restrict, or terminate your access to this website at any time, for any reason or for no reason, without notice and without liability. The Company may modify, suspend, or discontinue any part of this website, including any figure, feature, or content, at any time and without notice.

Changes to These Terms

We may update these Terms to reflect changes in our practices or legal requirements. The "Last Updated" date above reflects the most recent revision. Continued use of the website after changes constitutes acceptance.

Contact

Questions about these Terms may be directed to legal@bettortoken.com.

System Status · Live
Operations All Systems Nominal
SPLT NAV Published · $1.0352
USPTO Non-Provisional in Progress
Unaudited Records Engagement Active