Terms of use

1. Agreement

These terms govern access to and use of the Token Clear platform, its studies, one-pagers, exports and data interfaces (together, the Service), operated by Token Clear Inc.. By signing in or using the Service you agree to them on your own behalf and on behalf of the organization that authorized your access. If your organization has a signed engagement agreement with Token Clear, that agreement governs where the two conflict.

2. What the Service is, and is not

The Service provides enterprise-value intelligence, scenario modeling and strategic analysis to companies about their own operations. It is not investment advice, a recommendation to buy or sell any security, an offer or solicitation, a valuation opinion, or legal, tax, accounting or regulatory advice, and no fiduciary or advisory relationship is created by its use. Market prices and valuation multiples are set by investors and market conditions.

Modeled figures are scenarios built from disclosed assumptions applied to reported facts. They are not forecasts, projections, price targets or guarantees. Every figure is labeled Reported, Calculated, Benchmark, Assumption or Scenario. Missing inputs are shown as DATA REQUIRED and are never estimated.

3. Accounts and access

Credentials are personal. Keep them confidential, do not share them, and tell us at once if you believe they have been compromised. Your role (viewer, analyst or admin) determines what you may open; attempting to open resources beyond your role is logged and may lead to suspension. Sign-ins, refused requests and access to protected resources are recorded as described in the privacy policy.

4. Acceptable use

You may use the Service only for the internal business purposes of the organization that authorized you. You may not: share studies, exports or data beyond that organization and its professional advisers without written permission; scrape, bulk-download or systematically extract content; probe, scan or test the security of the Service without written authorization; attempt to bypass access controls or derive the scoring configuration; reverse engineer the Service; use it to build a competing product; or use it in violation of law, including securities law.

5. Confidentiality

Analyses prepared for a client, and information a client provides, are confidential to that client. The methodology, scoring configuration and software of the Service are confidential to Token Clear. Each party will protect the other's confidential information with at least reasonable care and use it only as these terms allow.

6. Intellectual property

Token Clear and its licensors own the Service, its software, methodology, designs, documentation and marks, including the marks listed on the legal notices page. Subject to these terms, your organization receives a non-exclusive, non-transferable license to use the studies and exports produced for it, for its internal purposes. Reported facts drawn from public filings remain public; company names and logos belong to their owners and imply no relationship with Token Clear.

7. Data sources and accuracy

Reported facts come from SEC XBRL filings and Form N-PORT at data.sec.gov and from delayed market data. Filings can be restated, taxonomies change, and market data lags. Each study shows the filing period it runs through, the time its market data was taken and its refresh state. We work to keep the data accurate and traceable but do not warrant that it is complete, current or error-free, and you should verify any figure against the source before relying on it.

8. Human approval and activation

No pathway proceeds to activation without explicit human review and approval recorded in the Service. Where a pathway is taken forward, implementation requires separate agreements with the providers involved and professional legal, tax, accounting, regulatory and securities review, which the Service does not provide. Artificial intelligence in the Service adds evidence from public filings and explanations of scores; it does not perform or override valuation arithmetic and does not make decisions.

9. Affiliated businesses

SQRL, Deal Box, Orobit are businesses affiliated with Token Clear. Where a pathway falls in an area in which an affiliate offers services, the pathway carries a disclosure at the point it appears. The analysis is drawn from the company's own filings and scored on the same rules as every other pathway; it does not depend on any affiliate being engaged, and no affiliate is recommended. If your organization pursues activation, providers, affiliated or not, are selected under your organization's own policy; where an affiliate is eligible the relationship is disclosed and your organization may direct the choice.

[For counsel: state here the nature of each affiliation and any economic interest Token Clear would have in an affiliate being engaged, once confirmed by management. No ownership or parent-company designation is made until then.]

10. Third parties and open networks

The Service describes open networks (for example Bitcoin and Lightning) and third-party providers as context. We do not operate them, do not control them and are not responsible for them. Links and references are provided for convenience and are not endorsements.

11. Disclaimer of warranties

The Service is provided as is and as available. To the fullest extent permitted by law we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, non-infringement, and any warranty arising from course of dealing or usage of trade. We do not warrant that any scenario will be achieved or that the Service will be uninterrupted or error-free.

12. Limitation of liability

To the fullest extent permitted by law, Token Clear and its officers, directors, employees, affiliates and licensors will not be liable for any indirect, incidental, special, consequential or punitive damages, or for lost profits, revenue, data or business opportunity, arising from or related to the Service, however caused and under any theory of liability, even if advised of the possibility. Our total liability for all claims arising from the Service will not exceed the fees your organization paid for the Service in the twelve months before the claim or, if none were paid, one hundred US dollars. Some jurisdictions do not allow some of these limitations, in which case they apply to the extent permitted.

13. Indemnity

Your organization will defend and indemnify Token Clear against third-party claims arising from its or its users' breach of these terms or misuse of the Service, to the extent permitted by law.

14. Suspension and termination

We may suspend or end access at any time for breach of these terms, for security reasons, or when the engagement with your organization ends. On termination your license to use the Service ends; your organization's license to use studies already delivered to it continues under the engagement agreement, and the sections on confidentiality, intellectual property, disclaimers, liability and governing law survive.

15. Governing law and disputes

These terms are governed by the laws of the State of Delaware, without regard to its conflict-of-laws rules. [For counsel: confirm venue, any arbitration clause and any class-action waiver.]

16. Changes and contact

We may update these terms; the version date at the top changes when we do, and material changes are notified to your organization's administrator. Continued use after a change is acceptance of it. Contact details are shown at the foot of this page and on the legal notices page.