TERMS OF SERVICE
These Terms of Service (the “Terms”) are a binding agreement between you and Pip World (“Pip,” “we,” “us,” or “our”) governing your access to and use of the Market Mavericks website at mavericks.pip.world, together with its related pages, subdomains, content, software, and any features, analytics, leaderboards, contests, or services made available through that website (collectively, the “Services”). Market Mavericks operates within the Pip ecosystem. These Terms should be read together with our Privacy Policy and Cookie Policy, and the Pip World Terms of Service, which are incorporated by reference and have been made available to you.
All capitalized terms not defined herein shall be deemed to have the meaning ascribed to them under the Pip World Terms of Service.
By accessing or using the Services you confirm that you have read, understood, and agree to be bound by these Terms. If you do not agree, you must not access or use the Services.
1- Nature of Services: The Services Are a Pure Simulation; No Deposits, No Withdrawals, No Real Money; Non‑Redeemable Progression
You agree and understand that:
Market Mavericks is an Artificial Intelligence (AI) powered trading simulation and educational game environment in which you configure and deploy virtual trading “agents” that interact with market data to simulate strategies and measure performance.
No deposit of real funds (fiat or crypto) is accepted, and no withdrawal of any kind is supported, no live market orders are placed, and no custodial relationship arises.
Any balances, gains, losses, Profit or Loss, or prize statements inside the Services are virtual only and exist solely to measure your progress within the game; they are not real funds or represent real world money owed, are not accounts, and cannot be redeemed, withdrawn, transferred for value, or exchanged for any kind of real world value or money.
The Services offered in the form as described above is deliberate and fundamental to the Services; and
The foregoing applies across all gameplay modes, including agent configuration and simulations, time‑boxed trading runs with leaderboards, and XP, badges, and other non‑cash gamified unlocks described in our Service materials; you acknowledge that these mechanics concern status, learning, and progression, and not money or property.
2- Eligibility; Age; Geographic and Sanctions Restrictions
You represent that you are at least eighteen (18) years old, or the age of majority in your jurisdiction if higher, and that you have the legal capacity to enter into these Terms.
You understand that access to the Services is not permitted where unlawful or where we restrict access for compliance reasons.
Consistent with the Pip ecosystem, the Services are not available to persons or entities resident, located, or incorporated in Restricted Jurisdictions, nor to Blocked Persons subject to sanctions; circumvention using VPNs, proxies, or similar technologies is prohibited.
3- Accounts; Security; Integrity and Fair Play
Access and use of the Services requires registration for an account with us and signing up with us. You agree to provide accurate, current, and complete information asked by us and to keep it updated.
You are responsible for all activity under your account and for safeguarding your credentials.
You agree not to undermine the fairness or security of the Services through cheating, exploits, automation, scraping, or identity manipulation.
You acknowledge that multi‑accounting to influence events or leaderboards is prohibited and that we may take remedial action, including device, IP, or account bans, removal of standings, disqualification from events, and prize forfeitures.
4- Nature and Sources of Market Data; Delays; Interruptions; Independent Verification
You understand that progression inside Market Mavericks—including XP, badges, cosmetics, agent boosts, unlockables, and similar items—exists solely inside the Services to reflect your standing and achievements. Such items are licenses only, confer no ownership, have no cash or monetary value, are not legal tender, and are not redeemable for money or property. They are not transferable for value and may be modified, reset, or removed at our discretion consistent with these Terms.
From time to time, we may operate events or trading runs. Event‑specific official rules will govern eligibility and awards.
We may require identity verification to validate eligibility and failure to complete verification may result in disqualification and forfeiture.
Any forward‑looking references in our Service materials to potential future utilities such as genesis packs, NFTs, airdrops, or cash rewards are speculative, not commitments, and remain subject to feasibility, legal review, and separate terms if introduced.
You understand that the current Services are cashless, and non‑redeemable.
5- Virtual Items, XP, Badges, and Prizes; No Cash Value; Not Redeemable
You understand that progression inside Market Mavericks—including XP, badges, cosmetics, agent boosts, unlockables, and similar items—exists solely inside the Services to reflect your standing and achievements. Such items are licenses only, confer no ownership, have no cash or monetary value, are not legal tender, and are not redeemable for money or property. They are not transferable for value and may be modified, reset, or removed at our discretion consistent with these Terms.
From time to time, we may operate events or trading runs. Event‑specific official rules will govern eligibility and awards.
We may require identity verification to validate eligibility and failure to complete verification may result in disqualification and forfeiture.
Any forward‑looking references in our Service materials to potential future utilities such as genesis packs, NFTs, airdrops, or cash rewards are speculative, not commitments, and remain subject to feasibility, legal review, and separate terms if introduced.
You understand that the current Services are cashless, and non‑redeemable.
6- No Financial, Investment, Legal, or Tax Advice
All agent outputs, analytics, dashboards, and standings are provided for educational and informational purposes only and do not constitute financial, investment, legal, accounting, or tax advice.
You should seek independent professional advice before taking any action that could have financial or legal consequences.
7- Fees; Features; Modifications; Availability
We may introduce, modify, suspend, or discontinue features, content, access tiers, or availability (including for maintenance or upgrades) at any time, with or without notice. If we introduce a paid feature, we will disclose and notify you of the charges in advance.
Your continued use after changes are disclosed and notified to you constitutes your acceptance thereof to the continued access and use of the Services with the charges owed to us as liability.
8- Intellectual Property; User Content and Feedback
As between you and us, we own or have the legal rights to use and provide the Services and all associated intellectual property, content, graphics, designs, and software.
We grant you a limited, revocable, non‑exclusive, non‑transferable, non‑sublicensable license to access and use the Services for your personal, non‑commercial educational and entertainment purposes, subject to these Terms.
Where the Services allow you to submit content including but not limited to any textual, visual, audio, or multi-media content, comments, posts, messages, strategy designs, agent blueprints, screenshots, or any other materials (“User Content”), you retain ownership of the User Content but grant us a worldwide, perpetual, irrevocable, transferable, sublicensable, royalty‑free license to host, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, publicly perform, and publicly display such content in connection with operating, improving, and promoting the Services.
You may, from time to time, send us ideas, suggestions, enhancement requests, proposals, comments, bug reports, or other input relating to the Services, whether provided directly to us or posted or submitted through any channel (“Feedback”). You acknowledge and agree that we have no obligation to keep Feedback confidential, that we may already be independently developing materials similar to Feedback, and that we will be free to use Feedback for any purpose without restriction or obligation of any kind. To the maximum extent permitted by law, you hereby irrevocably assign to Pip World LLC (and its affiliates and licensors) all right, title, and interest in and to the Feedback, including all present and future intellectual property and proprietary rights therein, worldwide, without further consideration. If and to the extent any assignment is not effective under applicable law, you grant us an exclusive, perpetual, irrevocable, worldwide, royalty-free, fully paid-up license, with the right to sublicense through multiple tiers, to use, reproduce, modify, adapt, publish, translate, create derivative works from, distribute, perform, display, make, have made, sell, offer to sell, import, and otherwise exploit the Feedback in any manner and for any purpose, without accounting, attribution, or compensation to you.
To the fullest extent permitted by law, you waive and agree not to assert any so-called moral rights (including rights of attribution, integrity, disclosure, and withdrawal) you may have in the Feedback, and you agree to provide any further assurances we reasonably request to perfect, record, or enforce our rights in the Feedback, including executing documents and taking actions at our expense; and you hereby appoint us as your attorney-in-fact solely for the purpose of executing such documents if you fail to do so after reasonable notice. You represent and warrant that you have all rights necessary to submit the Feedback and to grant the foregoing assignment and license, and that the Feedback does not contain third-party confidential information or personal data that you are not authorized to share. We are not obligated to use any Feedback. We are not obligated to use any Feedback.
9- Risks
Simulation‑Only; No Deposits, No Withdrawals; No Real Money.
You acknowledge and agree that the Services constitute a simulated trading and learning environment only. No deposit or withdrawal of fiat currency or cryptoassets is supported; no live orders are placed; and no custodial relationship arises between the Parties.
You understand and agree that any balances, gains, losses, profit/loss tallies, prizes, or similar figures displayed inside the Services are virtual, exist solely to measure in‑Service progress, and are not real money, not accounts, and not redeemable for money or property.
You further acknowledge and agree that simulated performance is hypothetical and may not reflect or predict outcomes in live markets.
You understand that any statement of “winnings” or “performance” is an in‑Service, non‑cash concept only and creates no right to payment, redemption, or withdrawal against any party.
Market Data, Latency, and Accuracy.
You acknowledge that market data, analytics, news, and other inputs presented in the Services may originate from third‑party sources and may be delayed, interrupted, incomplete, inaccurate, stale, or otherwise unavailable from time to time due to exchange rules, vendor outages, connectivity issues, entitlements, throttling, maintenance, or other causes.
You further acknowledge that charts, order books, quotes, and leaderboard calculations may reflect such limitations, and that you must not rely on any displayed figure without independent verification.
We may modify, replace, or discontinue any data feed or analytic input without notice and with no liability to you.
AI/Model and Configuration Risk.
You acknowledge that agents, prompts, parameters, and other model‑driven features may produce approximate, non‑deterministic, or counterintuitive outputs and may reflect assumptions, constraints, and training artifacts that differ from live trading conditions.
You understand that No output from any agent is advice, a recommendation, or a promise of a specified outcome. You alone are responsible for any decision you make (including any real‑world decision you choose to take outside the Services) based on simulated outputs.
Operational, Security, and Integrity Risks.
You acknowledge the risks of service outages, latency, maintenance windows, platform updates, device or network failures, attacks, account compromise (including through credential reuse or phishing), and integrity enforcement (including anti‑cheat measures, device/IP/geolocation controls, score resets, and disqualification).
You understand that we may suspend, throttle, restrict, or terminate access, or remove or adjust standings and in‑Service items, to protect users, the Services, and event integrity and we will not be liable to you for resulting unavailability or loss of in‑Service status or items, all of which lack any real monetary or non-monetary value.
Contests, Leaderboards, and Prizes.
You acknowledge that contests and leaderboards are subject to official rules that may include eligibility criteria, identity verification, time limits, scoring mechanics, and tie‑break procedures.
You understand and agree that we may void, adjust, or decline awards for suspected rule breaches (including multi‑accounting, automation or exploit use, falsified identity, or other integrity violations).
You agree that where verification is required and not completed, your participation may be invalidated and any prospective award or reward forfeited.
You are solely responsible for any taxes or reporting obligations associated with any permitted award.
Third‑Party Services and Links.
You acknowledge that certain features of the Services may interoperate with or reference third‑party sites, feeds, tools, or services that we do not control. Those third parties may change, suspend, or discontinue their services without notice.
You understand that your use of any third‑party resource is at your own risk and subject to that party’s terms and privacy practices. We make no representation regarding, and accept no responsibility for, any third‑party resource.
Legal, Regulatory, and Geographic Risks.
You acknowledge that access to some or all of the Services may be restricted by law, regulation, sanctions, or our compliance policies and that we may modify features, restrict access, or discontinue availability in any jurisdiction at any time
You agree to cease use and access to the Services immediately, if you become a sanctioned or otherwise ineligible person, and you will not attempt to circumvent restrictions (including by VPN, proxy, or similar obfuscation).
No Fiduciary Duties; No Advisory Relationship
You acknowledge that we owe no fiduciary duties to you and that all information provided through the Services is educational and informational; and that you must not treat any content, output, or data displayed in the Services as financial, investment, legal, tax, or other professional advice. You remain solely responsible for obtaining independent professional advice before acting in any real‑world context.
Future or Optional Digital‑Collectible Features.
You acknowledge that, although the Services are presently tokenless and cashless, if we later introduce optional digital‑collectible or blockchain‑enabled features, such features may involve additional risks (including irreversible transactions, network congestion or failure, forks, protocol errors, loss of private keys, and variable or unexpected fees). Any such feature will be subject to separate terms and may be declined by you without affecting your access to non‑collectible portions of the Services.
Allocation of Risk
The risks described in this Section 9 are material and fundamental to the Services. You voluntarily accept and assume all such risks to the maximum extent permitted by law, and you agree that the Disclaimers (Section 11), Indemnities (Section 12), and Limitations of Liability (Section 13) are reasonable and form an essential basis of the bargain between you and us for a simulation‑only experience.
10- User Representations and Warranties
You represent and warrant now and on a continuing basis that:
you meet the eligibility criteria in Section 2 and that you will comply with all applicable laws;
you understand and accept the simulation‑only nature of the Services and agree that you will not attempt to deposit, withdraw, transfer, pledge, or otherwise treat any in‑Service balance, Profit or Loss, or tally as funds or property;
you will not rely on any in‑Service number as money, as an account, or as a promise of payment; and you acknowledge that any statement of winnings inside the Services denotes XP, badges, or comparable non‑cash progression only.
any configurations, prompts, agent parameters, or other inputs you supply are your own or that you possess all rights necessary to supply and license them to us;
your inputs and any User Content will not infringe third‑party rights or violate law; and
that you will immediately cease access and notify us if you become a Blocked Person or relocate to a Restricted Jurisdiction;
the market data and analytics may be delayed, interrupted, or inaccurate; that outages, vendor failures, or exchange rules may affect availability; and that you will independently verify any data or analytics before relying on them. You acknowledge that any interoperability with third‑party services is provided “as‑is” and may be modified, rate‑limited, or withdrawn at any time;
you will not interfere with, probe, or circumvent any security, anti‑cheat, or access controls;
that you will not use automation, scraping, or exploits to obtain an advantage or to manipulate standings;
that you will not impersonate, misrepresent, or multi‑account to influence events or prize allocation; and
that you will comply with any event rules that apply to specific competitions or prize awards, including any identity or eligibility checks we require.
11- Disclaimers
To the maximum extent permitted by law, the Services and all content, features, data, analytics, dashboards, outputs, leaderboards, and communications are provided on an “as is” and “as available” basis, without any express, implied, or statutory warranty, condition, or representation of any kind, including merchantability, satisfactory quality, fitness for a particular purpose, non‑infringement, quiet enjoyment, accuracy, or system integration.
We do not warrant that the Services will be uninterrupted, secure, error‑free, or that defects will be corrected; we do not warrant the timeliness, accuracy, completeness, or reliability of any data or content; and we do not warrant that the Services or servers are free of harmful components. For avoidance of doubt, no element of the Services involves deposits, withdrawals, or custody of real funds; no real trades are executed; and no in‑Service balance or profit or loss is redeemable.
12- Indemnification
To the fullest extent permitted by law, you agree to defend, indemnify, and hold harmless Pip, Market Mavericks, its parents, subsidiaries, and affiliates, and each of their respective directors, officers, employees, contractors, agents, licensors, service providers, successors, and assigns (collectively, the “Indemnified Parties”) from and against any and all complaints, claims, demands, actions, suits, proceedings, investigations, judgments, awards, fines, penalties, liabilities, damages, fees, costs, and expenses of every kind and nature, including without limitation reasonable attorneys’ fees and expert costs, arising out of or relating to: your access to or use of the Services; your configurations, prompts, agent parameters, or operation of any agent; your reliance on data, analytics, outputs, or standings; your User Content and Feedback; your breach of these Terms or of any event rules; your violation of law (including sanctions, export, AML, consumer, privacy, or gambling laws); your infringement, misappropriation, or violation of any intellectual property, privacy, publicity, confidentiality, or other right; your fraud, negligence, or willful misconduct; any dispute between you and any third party relating to the Services; and any tax or reporting liability associated with any in‑game prize or benefit.
We may elect to control the defense (including selection of counsel) of any matter for which you owe indemnity; you will cooperate fully and will not settle without our prior written consent. We may require payment of defense costs on demand as they are incurred, subject to refund if it is finally determined that indemnity was not owed.
13- Limitation of Damages and Liability
To the maximum extent permitted by applicable law, in no event shall any Indemnified Party be liable to you or to any third party for indirect, incidental, special, exemplary, punitive, or consequential damages, or for lost profits, lost revenue, lost data, loss of goodwill, business interruption, procurement of substitute services, or other intangible losses, arising out of or relating to the Services, your use of or inability to use the Services, any data, content, or outputs, any conduct of any user or third party, any decision made or action taken by you based on agent outputs or displayed results, any event participation or prize, or any suspension, termination, modification, or discontinuation of the Services, even if we have been advised of the possibility of such damages.
Additionally, and without limiting the foregoing, the aggregate liability of the Indemnified Parties for all claims shall be USD 10 to the extent permitted by law; where a total disclaimer is not permitted, liability is limited to the lesser of (i) USD 100 or (ii) the fees, if any, that you paid to us for access to the Services in the two (2) months immediately preceding the event giving rise to liability. Some jurisdictions do not allow certain exclusions or limitations; nothing herein excludes or limits liability where such exclusion or limitation is prohibited by law.
For the avoidance of doubt, whatever you “win” or “lose” inside Market Mavericks is purely virtual and does not create any right to payment, any right to redemption or withdrawal, or any debt or obligation on us. We are not liable for any loss, dissatisfaction, or expectation tied to in‑game outcomes or your hoped‑for winnings, which as explained above are XP, badges, or similar non‑cash progression items with no monetary value.
14- Suspension, Throttling, Restriction, and Termination
We may, at any time and in our sole discretion, suspend, throttle, restrict, disable, or terminate your account or access to any or all of the Services, or remove, reset, or forfeit Virtual Items, standings, or event entries, with or without notice, for any reason or no reason. Grounds may include suspected or actual breach of these Terms, evasion of eligibility or sanctions restrictions, cheating or integrity violations (including multi‑accounting), security risks, fraud or abuse, regulatory risk, repeated complaints, or inactivity.
We may implement technical measures (including device, IP, geo, or account‑level restrictions) to preserve integrity, and we may investigate suspected violations and refer matters to governmental authorities.
You understand and agree that we shall have no liability to you for any suspension, termination, unavailability, or modification of access, and the sections of these Terms that by their nature should survive do so.
15- Illustrative Responsibility Scenarios
If you rely on an agent’s simulated outputs to place a real‑world trade on an external platform and subsequently incur loss, that is your independent decision, suitability of which you have independently assessed and are liable and responsible for.
The Services are a simulation and expressly not advice or recommendation.
If a leaderboard reflects delayed or interrupted data or an upstream vendor outage and your standing or position is affected, that is your responsibility; data delay and variance are commonplace and standard events in the relevant industry of our operation.
If you manipulate an event via multi‑accounting or exploits, you are responsible and may be disqualified, banned, and required to forfeit items or standings.
16- Third‑Party Sites and Services
The Services may reference or link to third‑party sites or services that we do not control. We are not responsible or liable for any content, products, services, policies, or actions of third parties.
Your use of third‑party resources is at your sole risk and is subject to those parties’ terms and privacy practices.
17- Governing Law; Dispute Resolution; LCIA Arbitration; No Class Actions
These Terms and any non‑contractual obligations arising out of or in connection with them are governed by and construed in accordance with the laws of England and Wales, without regard to conflict‑of‑laws rules.
Any dispute arising out of or in connection with these Terms, including any question regarding their existence, validity or termination, shall be referred to and finally resolved by arbitration under the LCIA Rules, which are incorporated by reference. The seat (legal place) of arbitration shall be London, England; the Tribunal shall consist of one arbitrator; the language shall be English. Each party agrees to bring claims only in an individual capacity and not as a class, collective, consolidated, or representative action.
18- Changes to the Services or Terms; Electronic Communications
We may modify the Services or these Terms at any time. Unless otherwise stated, changes take effect upon the updated Terms being published on the Site. Your continued use after changes constitutes acceptance of the amended Terms.
You consent to receive notices and other communications electronically, including by publishing them on the Site or by email to the address associated with your account; you should retain copies for your records.
19- Assignment; Force Majeure; Entire Agreement; Severability; Waiver; No Third‑Party Beneficiaries
You may not assign these Terms or any rights or obligations hereunder without our prior written consent; we may assign without prior notification and a requirement to obtain prior consent from you.
We are not liable for any failure or delay due to events beyond our reasonable control, including force majeure and vendor or network outages.
These Terms, together with incorporated policies and any event‑specific official rules, constitute the entire agreement between you and us regarding the Services.
If any provision is held invalid or unenforceable, it will be enforced to the maximum extent permissible and the remainder will continue in full force and effect. Our failure to enforce any provision is not a waiver.
There are no third‑party beneficiaries to these Terms.
Contact
For any queries relating to these Terms, please contact legal@pip.world
Effective Date: 1 August 2025
Last Updated: 1 August 2025