qBitTensor Labs

TERMS OF USE

Last Updated: April 2, 2026

Effective Date: April 2, 2026

These Terms of Use ("Agreement" or "Terms") govern your access to and use of all products, services, platforms, applications, tools, APIs, software, websites, and related offerings (collectively, the "Services") provided by qBitTensor Labs LLC ("qBitTensor Labs," "Company," "we," "us," or "our"), including but not limited to the Enigma competition platform ("Enigma").

BY ACCESSING OR USING ANY OF THE SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THIS AGREEMENT, OUR PRIVACY POLICY (available at www.qbittensorlabs.com/privacy), AND, IF APPLICABLE, THE ENIGMA OFFICIAL COMPETITION RULES (available at www.qbittensorlabs.com/enigma/rules). IF YOU DO NOT AGREE, YOU MAY NOT ACCESS OR USE THE SERVICES.

If you are using the Services on behalf of an organization, you represent and warrant that you have the authority to bind that organization to these Terms, and references to "you" or "your" include that organization.

1. Definitions

"Authorized Users" means individuals who access the Services under your account credentials.

"Content" means all information, data, text, code, software, images, audio, video, and other materials uploaded, submitted, posted, generated, or otherwise made available through or in connection with the Services.

"Customer Data" means all information, code, content, and data that you upload, submit, store, or process through the Services.

"Documentation" means all written materials, guides, specifications, and instructions provided by qBitTensor Labs relating to the Services.

"Enigma" means the Enigma competition platform operated by qBitTensor Labs (Subnet #63 on Bittensor), including all associated challenges, competitions, validation systems, and prize mechanisms. Use of Enigma is additionally governed by the Enigma Official Competition Rules, available at www.qbittensorlabs.com/enigma/rules.

"Enigma Rules" means the Enigma Official Competition Rules, available at www.qbittensorlabs.com/enigma/rules, which are incorporated into this Agreement by reference.

"Intellectual Property Rights" means all worldwide intellectual property rights, including copyrights, patents, trademarks, trade secrets, moral rights, rights of publicity, and all related rights.

"Third-Party Services" means any products, services, platforms, APIs, or integrations provided by third parties that interact with or are accessible through the Services, including the Bittensor network.

"Usage Data" means information we collect about how the Services are used, including telemetry, performance metrics, logs, analytics, and feature utilization data. Usage Data does not include Customer Data.

2. Access and Use of the Services

2.1 License Grant

Subject to your compliance with this Agreement and payment of all applicable fees, qBitTensor Labs grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Services solely for your internal business or personal purposes in accordance with the Documentation and these Terms.

2.2 Enigma Platform

If you access or participate in Enigma, your use is additionally governed by the Enigma Rules. In the event of any conflict between these Terms and the Enigma Rules, the Enigma Rules shall control with respect to matters specific to competition participation, and these Terms shall control with respect to all other matters.

2.3 Restrictions

You may not, and you agree not to allow others to: (a) copy, modify, adapt, or create derivative works of the Services or any component thereof; (b) reverse engineer, decompile, disassemble, or attempt to extract the source code or underlying algorithms of the Services; (c) sublicense, sell, resell, lease, rent, distribute, or otherwise make the Services available to any third party except as expressly permitted; (d) use the Services to build a competing product or service; (e) circumvent or attempt to circumvent any technical limitations, access controls, security measures, or usage restrictions; (f) use the Services in any manner that violates applicable law or regulation; (g) use the Services to transmit malware, viruses, or other harmful code; (h) use automated means (including bots, scrapers, or crawlers) to access the Services except as expressly permitted; (i) interfere with or disrupt the integrity, performance, or availability of the Services; or (j) access the Services for benchmarking or competitive analysis purposes without prior written consent.

2.4 Accounts and Credentials

You are responsible for maintaining the confidentiality of your account credentials and for all activities that occur under your account. You must notify qBitTensor Labs immediately of any unauthorized use of your account. We reserve the right to suspend or terminate accounts that we reasonably believe have been compromised.

2.5 Acceptable Use

You may not use the Services to: (a) engage in any illegal, fraudulent, or harmful activity; (b) infringe upon or misappropriate the intellectual property rights of any third party; (c) harass, threaten, defame, or discriminate against any person; (d) transmit unsolicited communications or spam; (e) upload or distribute content that is obscene, harmful to minors, or otherwise objectionable; (f) attempt to gain unauthorized access to any systems, networks, or data; (g) impersonate any person or entity; or (h) engage in any activity that could damage, disable, overburden, or impair the Services.

2.6 Updates and Modifications

qBitTensor Labs may, at its sole discretion, update, modify, suspend, or discontinue any part of the Services (including Enigma) at any time, with or without notice. We shall not be liable to you or any third party for any modification, suspension, or discontinuation of the Services.

2.7 Usage Data

qBitTensor Labs may collect and use Usage Data to operate, maintain, improve, and secure the Services. We may create aggregated, anonymized, or de-identified data from Usage Data and use it for any lawful purpose, including analytics, benchmarking, and product development.

2.8 Beta Features and Pre-Release Services

From time to time, qBitTensor Labs may make beta, preview, experimental, or pre-release features available ("Beta Features"). Beta Features are provided "AS IS" and "AS AVAILABLE," may contain bugs or errors, and may be discontinued at any time without notice. YOUR USE OF BETA FEATURES IS AT YOUR OWN RISK. qBitTensor Labs makes no warranties regarding Beta Features and shall have no liability arising from your use of them.

3. Customer Obligations

3.1 Compliance

You agree to use the Services only in accordance with this Agreement, the Enigma Rules (if applicable), the Documentation, and all applicable laws, regulations, and industry standards.

3.2 Security

You are responsible for: (a) maintaining the security and confidentiality of your account credentials; (b) ensuring only Authorized Users access the Services under your account; (c) promptly notifying qBitTensor Labs of any security breach or unauthorized access; and (d) implementing reasonable security measures in your own systems and environments.

3.3 Third-Party Services and Blockchain

The Services may integrate with or provide access to Third-Party Services, including the Bittensor network and other blockchain protocols. Your use of any Third-Party Services is subject to the terms and conditions of those third parties. qBitTensor Labs is not responsible for, does not endorse, and makes no warranties regarding any Third-Party Services, including the availability, security, or performance of any blockchain network. You assume all risk associated with your use of Third-Party Services and blockchain technology.

3.4 Dependencies

You are responsible for obtaining and maintaining all hardware, software, network connectivity, cryptocurrency wallets, and third-party services necessary to access and use the Services. qBitTensor Labs is not responsible for any failures or limitations resulting from your equipment or third-party infrastructure.

4. Fees and Payment

4.1 Fees

Certain features or tiers of the Services may require payment of fees. By purchasing a subscription or paid feature, you agree to pay all applicable fees as displayed at the time of purchase. Fees are non-refundable except as required by applicable law.

4.2 Taxes

All fees are exclusive of taxes. You are responsible for all applicable sales, use, value-added, withholding, or similar taxes, except for taxes based on qBitTensor Labs’ net income.

4.3 Changes to Fees

qBitTensor Labs may change its fees at any time by providing reasonable prior notice. Fee changes will take effect at the start of the next billing or renewal period. Your continued use of the Services after a fee change constitutes acceptance of the new fees.

4.4 Payment Processing

Payments may be processed by third-party payment providers. You authorize qBitTensor Labs and its payment processors to charge your selected payment method for all applicable fees. You are responsible for keeping payment information current.

4.5 Late Payment

Overdue amounts may accrue interest at the lesser of 1.5% per month or the maximum rate permitted by law. qBitTensor Labs may suspend your access to the Services for any overdue amounts after providing written notice.

5. Intellectual Property and Feedback

5.1 Ownership of Services

Except for the limited license rights expressly granted in this Agreement, qBitTensor Labs and its licensors retain all right, title, and interest in and to the Services (including Enigma), including all software, algorithms, models, technology, Documentation, trademarks, trade dress, and all related Intellectual Property Rights. No rights are granted to you by implication, estoppel, or otherwise, except as expressly set forth herein.

5.2 Ownership of Customer Data

As between you and qBitTensor Labs, you retain all rights to your Customer Data, except as otherwise provided in Section 5.3 (Assignment of Enigma Submissions). By submitting Customer Data to the Services (other than Enigma competition Submissions), you grant qBitTensor Labs a limited, non-exclusive, worldwide license to use, host, store, reproduce, and process such Customer Data solely to the extent necessary to provide, maintain, and improve the Services.

5.3 Assignment of Enigma Submissions

IF YOU PARTICIPATE IN ENIGMA, BY SUBMITTING ANY CODE, SOLUTION, ALGORITHM, DATA, OR OTHER MATERIAL TO THE ENIGMA PLATFORM (WHETHER WINNING OR NOT) (EACH, A “SUBMISSION”), YOU HEREBY IRREVOCABLY AND UNCONDITIONALLY ASSIGN TO qBitTensor Labs ALL RIGHT, TITLE, AND INTEREST IN AND TO SUCH SUBMISSION, INCLUDING ALL INTELLECTUAL PROPERTY RIGHTS, THROUGHOUT THE WORLD, IN PERPETUITY.

This assignment means that qBitTensor Labs becomes the sole owner of all Submissions and may use, reproduce, modify, adapt, distribute, sublicense, commercially license, sell, or otherwise exploit any Submission for any purpose, without restriction, attribution, or additional compensation beyond any prize payment provided in the Enigma Rules. Winning Submissions will be released as open source under AGPL-3.0 through www.qbittensorlabs.com and other platforms; qBitTensor Labs also retains the right to license winning Submissions under additional or alternative terms (including commercial licenses). Full details of the IP assignment, including representations, warranties, and enforcement provisions, are set forth in Section 5 of the Enigma Rules (available at www.qbittensorlabs.com/enigma/rules), which are incorporated herein by reference.

5.4 Feedback

If you provide any feedback, ideas, suggestions, or recommendations regarding the Services ("Feedback"), you hereby grant qBitTensor Labs a perpetual, irrevocable, worldwide, royalty-free, fully paid-up, sublicensable license to use, reproduce, modify, create derivative works from, distribute, and otherwise exploit such Feedback for any purpose without attribution, compensation, or obligation to you.

5.5 Reservation of Rights

All rights not expressly granted in this Agreement are reserved by qBitTensor Labs. Nothing in this Agreement shall be construed to grant you any rights to qBitTensor Labs’ trademarks, service marks, logos, or trade names without prior written consent.

6. Data, Privacy, and Confidentiality

6.1 Privacy

qBitTensor Labs’ collection and use of personal information is described in our Privacy Policy (available at ), which is incorporated into this Agreement by reference. By using the Services, you consent to the practices described in the Privacy Policy.

6.2 Data Retention

qBitTensor Labs retains Customer Data and Usage Data only as long as necessary to provide the Services, comply with legal obligations, resolve disputes, and enforce agreements, as further described in our Privacy Policy.

6.3 Confidential Information

"Confidential Information" means any non-public information disclosed by one party ("Discloser") to the other ("Recipient") in connection with the Services, including business strategies, technical data, product plans, financial information, customer lists, and trade secrets. Confidential Information does not include information that: (a) was already known to Recipient without confidentiality obligation; (b) becomes publicly available through no fault of Recipient; (c) is received from a third party without breach of any obligation; or (d) is independently developed by Recipient without use of Confidential Information.

6.4 Confidentiality Obligations

Each party agrees to: (a) use Confidential Information only as necessary to perform its obligations or exercise its rights under this Agreement; (b) protect Confidential Information using at least the same degree of care it uses for its own confidential information (but no less than reasonable care); and (c) not disclose Confidential Information to any third party except as required by law or with prior written consent.

7. Warranties, Disclaimers, and Indemnification

7.1 Limited Warranty

qBitTensor Labs warrants that the Services will operate in substantial conformity with the Documentation under normal use. This warranty does not cover errors caused by misuse, unauthorized modifications, third-party software, blockchain network issues, or factors outside qBitTensor Labs’ reasonable control.

7.2 Customer Warranties

You represent and warrant that: (a) you have the legal capacity and authority to enter into this Agreement; (b) you have all necessary rights and permissions to use and submit Customer Data; (c) your use of the Services will comply with all applicable laws and regulations; and (d) Customer Data does not infringe or misappropriate any third party’s Intellectual Property Rights.

7.3 Disclaimer

EXCEPT FOR THE EXPRESS WARRANTIES SET FORTH IN THIS AGREEMENT, THE SERVICES (INCLUDING ENIGMA) ARE PROVIDED “AS IS” AND “AS AVAILABLE.” qBitTensor Labs DISCLAIMS ALL OTHER WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING WITHOUT LIMITATION WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, RELIABILITY, AVAILABILITY, COMPATIBILITY, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING OR USAGE OF TRADE. qBitTensor Labs DOES NOT WARRANT THAT THE SERVICES WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. qBitTensor Labs DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR USEFULNESS OF ANY INFORMATION, CONTENT, OR RESULTS OBTAINED THROUGH THE SERVICES. YOU ASSUME ALL RISK FOR YOUR USE OF THE SERVICES AND ANY DECISIONS OR ACTIONS TAKEN BASED ON INFORMATION OBTAINED THROUGH THE SERVICES.

7.4 Indemnification by Customer

YOU AGREE TO INDEMNIFY, DEFEND, AND HOLD HARMLESS qBitTensor Labs AND ITS AFFILIATES, OFFICERS, DIRECTORS, EMPLOYEES, AGENTS, SUCCESSORS, AND ASSIGNS FROM AND AGAINST ANY AND ALL CLAIMS, DAMAGES, LOSSES, LIABILITIES, COSTS, AND EXPENSES (INCLUDING REASONABLE ATTORNEYS’ FEES AND COSTS) ARISING OUT OF OR RELATED TO: (A) YOUR USE OR MISUSE OF THE SERVICES; (B) YOUR VIOLATION OF THIS AGREEMENT OR THE ENIGMA RULES; (C) YOUR VIOLATION OF ANY APPLICABLE LAW OR REGULATION; (D) YOUR CUSTOMER DATA OR SUBMISSIONS; (E) YOUR INFRINGEMENT OR MISAPPROPRIATION OF ANY THIRD PARTY’S RIGHTS; OR (F) ANY DISPUTE BETWEEN YOU AND ANY THIRD PARTY ARISING FROM YOUR USE OF THE SERVICES.

7.5 No Professional Advice

The Services do not constitute and shall not be construed as legal, financial, tax, accounting, investment, or any other form of professional advice. You are solely responsible for evaluating the suitability and accuracy of any information obtained through the Services and for seeking appropriate professional counsel.

8. Limitation of Liability

8.1 Cap on Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL qBitTensor Labs’ TOTAL CUMULATIVE LIABILITY ARISING OUT OF OR RELATED TO THIS AGREEMENT OR THE SERVICES EXCEED THE GREATER OF: (A) THE AMOUNTS PAID BY YOU TO qBitTensor Labs IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM; OR (B) ONE HUNDRED U.S. DOLLARS ($100.00).

8.2 Exclusion of Damages

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT WILL qBitTensor Labs BE LIABLE FOR ANY INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, EXEMPLARY, OR PUNITIVE DAMAGES, OR FOR ANY LOSS OF PROFITS, REVENUE, DATA, CRYPTOCURRENCY, TOKENS, BUSINESS OPPORTUNITIES, GOODWILL, OR ANTICIPATED SAVINGS, REGARDLESS OF THE THEORY OF LIABILITY (WHETHER CONTRACT, TORT, STRICT LIABILITY, NEGLIGENCE, OR OTHERWISE) AND EVEN IF qBitTensor Labs HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.

8.3 Essential Basis

THE LIMITATIONS AND EXCLUSIONS IN THIS SECTION 8 APPLY TO ALL CLAIMS, WHETHER BASED ON CONTRACT, TORT, STRICT LIABILITY, STATUTE, OR ANY OTHER LEGAL THEORY, AND CONSTITUTE A FUNDAMENTAL ELEMENT OF THE BASIS OF THE BARGAIN BETWEEN YOU AND qBitTensor Labs. THE SERVICES WOULD NOT BE PROVIDED WITHOUT SUCH LIMITATIONS.

8.4 Jurisdictional Limitations

Some jurisdictions do not allow the exclusion or limitation of certain damages. In such jurisdictions, qBitTensor Labs’ liability shall be limited to the maximum extent permitted by applicable law.

9. Term, Termination, and Survival

9.1 Term

This Agreement begins when you first access or use the Services and continues until terminated in accordance with this Section.

9.2 Termination by You

You may stop using the Services at any time. If you have a paid subscription, you may cancel renewal through your account settings, and your subscription will continue until the end of the current billing period. No refunds will be provided for partial billing periods.

9.3 Termination by qBitTensor Labs

qBitTensor Labs may suspend or terminate your access to the Services immediately, without prior notice, if: (a) you materially breach this Agreement or the Enigma Rules; (b) you fail to pay any fees when due; (c) your use poses a security risk to the Services or any third party; (d) your account has been inactive for an extended period; (e) we are required to do so by law, regulation, or court order; or (f) we determine, in our sole discretion, that continued provision of the Services to you is impractical or inadvisable.

9.4 Effect of Termination

Upon termination: (a) all rights and licenses granted to you immediately cease; (b) you must stop using the Services and delete all copies of proprietary materials; (c) qBitTensor Labs may delete your account and Customer Data within a reasonable period, subject to legal retention requirements; and (d) all outstanding fees become immediately due and payable.

9.5 Survival

The following Sections survive termination: Definitions (1), Fees and Payment (4), Intellectual Property and Feedback (5), Data, Privacy, and Confidentiality (6), Warranties, Disclaimers, and Indemnification (7), Limitation of Liability (8), this Section 9.5, and General Provisions (10).

10. General Provisions

10.1 Governing Law and Venue

THIS AGREEMENT IS GOVERNED BY THE LAWS OF THE STATE OF DELAWARE, WITHOUT REGARD TO ITS CONFLICT OF LAW PRINCIPLES. ANY DISPUTES ARISING UNDER OR RELATED TO THIS AGREEMENT WILL BE RESOLVED EXCLUSIVELY IN THE STATE OR FEDERAL COURTS LOCATED IN NEW CASTLE COUNTY, DELAWARE, AND EACH PARTY CONSENTS TO THE PERSONAL JURISDICTION OF SUCH COURTS.

10.2 Arbitration

AT qBitTensor Labs’ SOLE ELECTION, ANY DISPUTE ARISING OUT OF OR RELATED TO THIS AGREEMENT MAY BE SUBMITTED TO BINDING ARBITRATION ADMINISTERED BY THE AMERICAN ARBITRATION ASSOCIATION UNDER ITS COMMERCIAL ARBITRATION RULES. THE ARBITRATION SHALL TAKE PLACE IN WILMINGTON, DELAWARE. JUDGMENT ON THE ARBITRATION AWARD MAY BE ENTERED IN ANY COURT OF COMPETENT JURISDICTION. YOU AGREE THAT ANY ARBITRATION SHALL BE CONDUCTED ON AN INDIVIDUAL BASIS AND NOT AS A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION.

10.3 Class Action Waiver

TO THE MAXIMUM EXTENT PERMITTED BY LAW, YOU AGREE TO RESOLVE ALL DISPUTES ON AN INDIVIDUAL BASIS AND WAIVE ANY RIGHT TO BRING OR PARTICIPATE IN ANY CLASS, COLLECTIVE, CONSOLIDATED, OR REPRESENTATIVE ACTION OR PROCEEDING.

10.4 Assignment

You may not assign or transfer this Agreement without qBitTensor Labs’ prior written consent. qBitTensor Labs may freely assign this Agreement in connection with a merger, acquisition, corporate reorganization, or sale of all or substantially all of its assets. Any attempted assignment in violation of this provision is void.

10.5 Force Majeure

Neither party will be liable for any delay or failure in performance caused by events beyond its reasonable control, including natural disasters, war, terrorism, pandemics, epidemics, government actions, labor disputes, power failures, internet disruptions, blockchain network outages, cyberattacks, or acts of God.

10.6 Notices

Notices under this Agreement must be in writing. qBitTensor Labs may provide notices to you by email, through the Services, or by posting on www.qbittensorlabs.com. You must send notices to qBitTensor Labs at the contact information provided on our website.

10.7 Remedies

A breach of confidentiality, intellectual property, or data protection obligations may cause irreparable harm, and the non-breaching party shall be entitled to seek injunctive or other equitable relief without the necessity of proving actual damages or posting a bond.

10.8 Waiver

A party’s failure to enforce any right or provision under this Agreement does not constitute a waiver of that right or provision. Any waiver must be in writing and signed by the waiving party.

10.9 Severability

If any provision of this Agreement is held unenforceable, invalid, or illegal, the remaining provisions will remain in full force and effect. The unenforceable provision will be modified to the minimum extent necessary to make it enforceable while preserving the parties’ original intent.

10.10 Entire Agreement

This Agreement, together with the Privacy Policy (), the Enigma Rules (), and any other terms expressly incorporated by reference, constitutes the entire agreement between you and qBitTensor Labs regarding the Services, and supersedes all prior and contemporaneous agreements, understandings, representations, and warranties, whether written or oral.

10.11 Changes to Terms

qBitTensor Labs reserves the right to update or modify these Terms at any time. If we make material changes, we will provide notice (for example, by email or through the Services). Your continued use of the Services after the effective date of any changes constitutes your acceptance of the updated Terms. If you do not agree with the changes, you must stop using the Services.

10.12 No Third-Party Beneficiaries

This Agreement does not create any third-party beneficiary rights. No person or entity other than the parties to this Agreement shall have any right to enforce any provision herein.

10.13 Electronic Signatures

You agree that your electronic acceptance of this Agreement (including by clicking “I Agree,” creating an account, or using the Services) constitutes a legally binding signature and agreement to these Terms.

10.14 Headings

Section headings are for convenience only and shall not affect the interpretation of this Agreement.