TorchpadBeta

Terms of Service

Last updated: February 2025

1. Introduction

Welcome to Torchpad. By accessing or using our platform, you agree to be bound by these Terms of Service. If you do not agree to these terms, do not use the platform.

Torchpad is a decentralized application that provides tools for token creation, bonding curve launches, fair launches, and airdrop distribution on Zilliqa EVM. We do not take custody of your funds or tokens at any time.

2. Eligibility

You must be at least 18 years old and legally able to enter into contracts to use Torchpad. You are responsible for ensuring that your use of the platform complies with all applicable laws and regulations in your jurisdiction.

You represent that you are not a resident of, or located in, any jurisdiction where the use of cryptocurrency platforms is prohibited.

3. Platform Description

Torchpad provides the following services:

  • Token Creation: Create ERC-20 compatible tokens with custom parameters including name, symbol, decimals, and total supply.
  • Bonding Curve Launches: Launch tokens with automated market maker pricing that adjusts based on supply. Tokens can graduate to decentralized exchanges upon reaching market cap thresholds.
  • Fair Launches: Community-first token raises where all participants contribute at the same price, with configurable soft caps, hard caps, and whitelisting.
  • Airdrops: Distribute tokens to multiple recipients in a single transaction.

4. Wallet Connection

To use Torchpad, you must connect a compatible cryptocurrency wallet (such as Torch or MetaMask). You are solely responsible for the security of your wallet, private keys, and seed phrases. Torchpad never has access to your private keys.

All transactions are executed on the blockchain and are irreversible once confirmed. You are responsible for verifying all transaction details before signing.

5. Fees

Torchpad charges platform fees for certain services including bonding curve launches and fair launches. These fees are clearly displayed before you confirm any transaction. All transactions also require gas fees paid to the blockchain network.

Fee structures may change at any time. Current fees are displayed in the application interface.

6. Token Creation and User-Generated Content

When you create a token or launch on Torchpad, you are solely responsible for:

  • The accuracy of all token information you provide
  • Ensuring your token does not infringe on any trademarks or intellectual property rights
  • Compliance with all applicable securities laws and regulations
  • Any claims, damages, or losses arising from your token

Torchpad does not review, endorse, or verify any tokens created on the platform. The presence of a token on Torchpad does not constitute any recommendation or approval.

7. Security Responsibilities

You are responsible for:

  • Maintaining the confidentiality of your wallet credentials
  • All activities that occur through your connected wallet
  • Verifying contract addresses and transaction details before signing
  • Understanding the risks of smart contract interactions

8. Intellectual Property

The Torchpad platform, including its design, code, and branding, is protected by intellectual property rights. You may not copy, reproduce, or create derivative works without permission.

The smart contracts deployed on the blockchain are open source and subject to their respective licenses.

9. Prohibited Activities

You agree not to:

  • Use the platform for any illegal purpose or to violate any laws
  • Create tokens that infringe on trademarks or impersonate other projects
  • Manipulate markets or engage in fraudulent trading practices
  • Attempt to exploit, hack, or disrupt the platform or its smart contracts
  • Use the platform if you are in a restricted jurisdiction
  • Create or promote tokens as securities without proper registration

10. Disclaimers

TORCHPAD IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED. WE DO NOT WARRANT THAT THE PLATFORM WILL BE UNINTERRUPTED, ERROR-FREE, OR SECURE.

We do not provide investment, financial, tax, or legal advice. Any information on the platform is for informational purposes only and should not be relied upon for making financial decisions.

Smart contracts may contain bugs or vulnerabilities. While we strive to ensure security, we cannot guarantee that the contracts are free from defects.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, TORCHPAD AND ITS OPERATORS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, DATA, OR OTHER INTANGIBLE LOSSES.

Our total liability for any claims arising from or relating to these terms or your use of the platform shall not exceed the fees you paid to us in the twelve months preceding the claim.

12. Indemnification

You agree to indemnify and hold harmless Torchpad and its operators from any claims, damages, losses, or expenses arising from your use of the platform, your tokens, or your violation of these terms.

13. Modifications

We may modify these Terms of Service at any time. Changes will be effective upon posting to the platform. Your continued use of Torchpad after changes constitutes acceptance of the modified terms.

14. Definitions

  • "Platform" refers to the Torchpad web application and associated smart contracts.
  • "Token" refers to any ERC-20 compatible token created or traded on the platform.
  • "Wallet" refers to your cryptocurrency wallet used to connect to the platform.
  • "Smart Contract" refers to the self-executing code deployed on the blockchain that powers platform functionality.
  • "Graduation" refers to the process where a bonding curve token's liquidity is migrated to a decentralized exchange.