Terms of Service

Effective date: August 14, 2026

1. Acceptance

These Terms of Service ("Terms") are a binding agreement between you and Ventura Labs LLC, a Texas limited liability company ("Ventura Labs LLC", "we", "us"). They govern your access to and use of the Services defined in §2.

By accessing the Services, connecting a wallet, creating an account, or using an API key, you agree to these Terms. If you do not agree, do not use the Services. You may still use the Protocol directly (§2.2) — these Terms do not restrict that and cannot.

If you accept these Terms on behalf of an entity, you represent that you are authorized to bind it.

2. What these Terms cover — and what they do not

2.1 The Services

"Services" means the software and interfaces operated by Ventura Labs LLC:

• the websites at all-ways.io, test.all-ways.io, and docs.all-ways.io, and any site or application Ventura Labs LLC operates under the venturalabs.ai domain;
• the hosted API at api.all-ways.io and test-api.all-ways.io;
• the exchange application (including Ventura Labs on Allways) and any hosted account, dashboard, or API-key functionality within it;
• the routing service by which a Ventura Labs LLC-operated validator may enter a reservation pool and finalize a reservation on your instruction; and
• any other software or service Ventura Labs LLC expressly offers under these Terms.

2.2 The Protocol — NOT covered by these Terms

"Protocol" means the Allways smart contract deployed on Solana, the Bittensor Subnet 7 network, the open-source client software, and the independent miners and validators participating in them.

The Protocol is not a Ventura Labs LLC service. It is permissionless, open-source software. Anyone may interact with it directly — using their own software, their own keys, and their own validator, or none at all — without using the Services, without an account, and without agreeing to these Terms.

Ventura Labs LLC does not own, operate, or control the Protocol. Ventura Labs LLC does not control the independent miners who fulfill swaps or the independent validators who verify them. Ventura Labs LLC cannot reverse, cancel, freeze, or alter any transaction once submitted to the Protocol.

These Terms govern only your use of the Services. Your use of the Protocol is at your own risk and governed by the software's open-source license.

3. Non-custody

Ventura Labs LLC never takes custody, possession, or control of your assets.

• Swaps settle directly between counterparty wallets. Your assets move from your wallet to the counterparty's address, and the counterparty's assets move to the address you specify. They do not pass through Ventura Labs LLC.
• Ventura Labs LLC does not hold your private keys, seed phrases, or credentials, and cannot access, move, or recover your assets.
• Ventura Labs LLC does not operate an exchange wallet, an omnibus account, or any account holding user funds.
• The Protocol's fee is charged against collateral posted by miners, not deducted from any user's transfer.

You are solely responsible for your wallet, your keys, and every transaction you sign. Loss of keys means permanent loss of assets, and neither Ventura Labs LLC nor anyone else can restore them.

4. Eligibility

You may use the Services only if you:

• are at least 18 years old and have capacity to contract;
• are not located in, ordinarily resident in, or organized under the laws of any jurisdiction subject to comprehensive economic sanctions administered by the U.S. Office of Foreign Assets Control ("OFAC"), and are not accessing the Services from such a jurisdiction;
• are not identified on, and are not owned or controlled by any person identified on, OFAC's Specially Designated Nationals and Blocked Persons List or any other applicable restricted-party list;
• are not located in a jurisdiction Ventura Labs LLC has restricted (§5.3); and
• are not barred from using the Services under any applicable law.

You represent and warrant that each of the above is true every time you use the Services, not only at first access.

5. Prohibited uses, screening, and restricted jurisdictions

5.1 Prohibited uses

You will not use the Services:

• in violation of any applicable law, including sanctions, anti-money laundering, counter-terrorist-financing, tax, or securities law;
• to launder proceeds of crime, finance terrorism, or move proceeds of fraud, theft, ransomware, or any other unlawful activity;
• to evade sanctions or any restriction in these Terms, including by proxy, VPN, false information, or use of another person's account or wallet;
• to interfere with, overload, probe, or attempt to gain unauthorized access to the Services or any related system;
• to scrape, resell, or redistribute the Services or API beyond your permitted plan; or
• to misrepresent your identity, jurisdiction, or the source of your assets.

5.2 Screening

Ventura Labs LLC may screen wallet addresses, IP addresses, and account information against sanctions and restricted-party lists and against blockchain-analytics risk signals, before or during your use of the Services. Ventura Labs LLC may decline to provide the Services, decline to route or finalize a reservation, or suspend or terminate access, at its discretion and without notice, based on that screening or on any suspicion of prohibited use.

Declining service does not affect the Protocol, which Ventura Labs LLC cannot restrict.

5.3 Restricted jurisdictions

Ventura Labs LLC may block or restrict access to the Services from any jurisdiction, at its discretion, including jurisdictions where the Services may require a license Ventura Labs LLC does not hold. The list may change without notice.

6. Risks — read this section

Digital assets and the Protocol carry substantial risk. You may lose some or all of your assets. By using the Services you acknowledge each of the following.

6.1 Delivery is not guaranteed

A miner may fail to deliver. The Protocol's remedy is economic, not preventive: a miner who fails to deliver within the applicable deadline has its posted collateral slashed and paid to you, at a rate intended to exceed the value of the swap. This is compensation for a failed swap, not a guarantee that the swap will succeed, and it depends on the Protocol's timeout and verification machinery functioning as designed.

6.2 Reservation timing and stranded deposits

A reservation is time-limited. If you send source assets after your reservation has expired, or to an address other than the one the reservation names, or in an amount other than the amount it names, your assets may be unrecoverable. Because settlement is wallet-to-wallet and the Protocol cannot hold non-Solana assets, there is no escrow to return them from, and neither Ventura Labs LLC nor any validator can reverse the transfer.

6.3 Verification and timing risk

Swap outcomes depend on independent validators observing and agreeing on what happened on each chain. Network congestion, chain reorganizations, block timestamp behavior, delayed confirmations, or validator unavailability may cause a swap to fail, time out, or be judged differently than you expect, even where you have performed correctly.

6.4 Rate and market risk

Quoted rates change. The rate applicable to your swap is pinned by the Protocol at a specific point in the reservation process; market prices may move substantially before settlement completes. Ventura Labs LLC does not guarantee any rate, does not guarantee a quoted rate is the best available, and does not guarantee any particular execution quality.

6.5 Beta software

The Services and the Protocol are early-stage and under active development. They may contain bugs, including bugs causing loss of assets. Features may change or be withdrawn.

6.6 Counterparty risk

Miners and validators are independent third parties. Ventura Labs LLC does not select, vet, employ, or control them, does not guarantee their performance, and is not responsible for their acts or omissions.

6.7 Irreversibility

Blockchain transactions are final. An error in an address, amount, chain, or asset is generally permanent. Verify every detail before you sign.

6.8 Regulatory and tax risk

The legal treatment of digital assets is unsettled and varies by jurisdiction. You are solely responsible for determining what laws apply to you and for all taxes arising from your activity. Ventura Labs LLC provides no legal, tax, investment, or financial advice, and nothing in the Services is a recommendation to transact.

7. Fees

Fees for the Services, if any, are as disclosed at the point of purchase or in your plan. Protocol-level fees — including the reservation fee and the swap fee charged against miner collateral — are set by the Protocol, are not Ventura Labs LLC revenue, and are not refundable by Ventura Labs LLC.

Network transaction fees are yours. Subscription fees are non-refundable except where required by law.

8. Accounts, API keys, and security

You are responsible for maintaining the confidentiality of your account credentials and API keys and for all activity under them. Notify Ventura Labs LLC at [email protected] promptly of any unauthorized use. Ventura Labs LLC may suspend or revoke credentials at any time to protect the Services.

You will not share, resell, or exceed the rate limits of your API access.

9. Intellectual property

Ventura Labs LLC retains all rights in the Services, including its trademarks, brand elements, and any non-open-source components. Open-source components are governed by their own licenses, which control in the event of conflict. Nothing in these Terms grants you a right to use Ventura Labs LLC's name or marks without prior written permission.

10. No warranties

THE SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE," WITHOUT WARRANTY OF ANY KIND, express or implied, including any implied warranty of merchantability, fitness for a particular purpose, title, or non-infringement.

Ventura Labs LLC does not warrant that the Services will be uninterrupted, timely, secure, or error-free; that data displayed (including rates, miner statistics, and swap status) is accurate, complete, or current; or that any defect will be corrected. Ventura Labs LLC makes no warranty whatsoever regarding the Protocol or any third-party miner or validator.

11. Limitation of liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, Ventura Labs LLC and its members, managers, officers, employees, and agents will not be liable for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or digital assets, arising out of or relating to these Terms or the Services, whether based in contract, tort, strict liability, or any other theory, even if advised of the possibility.

Ventura Labs LLC's total aggregate liability arising out of or relating to these Terms or the Services will not exceed the greater of (a) the amount you paid Ventura Labs LLC for the Services in the twelve months preceding the event giving rise to the claim, or (b) one hundred U.S. dollars ($100).

Ventura Labs LLC is not liable for any loss arising from the Protocol, including miner non-delivery, validator behaviour, smart-contract defects, slashing outcomes, stranded deposits, or chain-level events.

Some jurisdictions do not allow certain limitations; in those, the limitations apply to the fullest extent permitted.

12. Indemnification

You will indemnify and hold harmless Ventura Labs LLC and its members, managers, officers, employees, and agents from any claim, loss, liability, damage, or expense (including reasonable legal fees) arising out of your use of the Services, your violation of these Terms, your violation of any law, or your infringement of any third party's rights.

13. Dispute resolution — arbitration and class waiver

PLEASE READ — THIS SECTION AFFECTS YOUR RIGHTS.

Any dispute arising out of or relating to these Terms or the Services will be resolved by binding individual arbitration administered by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules then in effect, before a single arbitrator, seated in Texas, conducted in English.

Class action waiver. You and Ventura Labs LLC each waive any right to bring or participate in a class, collective, consolidated, or representative action. The arbitrator may not consolidate claims or preside over any representative proceeding. If this waiver is held unenforceable as to a particular claim, that claim proceeds in court and the remainder stays in arbitration.

Jury trial waiver. Each party waives any right to a jury trial.

Exceptions. Either party may bring an individual claim in small-claims court, and either party may seek injunctive relief for infringement or misuse of intellectual property.

Opt-out. You may opt out of this §13 by written notice to 1705 Guadalupe Street, Unit 300, Austin, TX 78701 or [email protected] within 30 days of first accepting these Terms. Opting out does not affect the rest of the Terms.

Limitations period. Any claim must be brought within one year of accrual or be permanently barred, to the extent permitted by law.

14. Governing law

These Terms are governed by the laws of the State of Texas, without regard to conflict-of-laws principles. Subject to §13, the state and federal courts located in Texas have exclusive jurisdiction.

15. Changes

Ventura Labs LLC may modify these Terms at any time. Material changes will be notified through the Services or by posting an updated version with a new effective date. Continued use after the effective date constitutes acceptance. If you do not agree, stop using the Services.

16. Suspension and termination

Ventura Labs LLC may suspend or terminate your access at any time, with or without notice, including for suspected violation of these Terms or applicable law. You may stop using the Services at any time. Sections 3, 6, and 9 through 17 survive termination.

Termination does not affect your ability to use the Protocol, which Ventura Labs LLC does not control.

17. General

Entire agreement. These Terms, plus any plan terms and the Privacy Policy, are the entire agreement between you and Ventura Labs LLC regarding the Services.

Severability. If any provision is unenforceable, it is modified to the minimum extent necessary or severed, and the rest remains in effect.

No waiver. Failure to enforce a provision is not a waiver.

Assignment. You may not assign these Terms without Ventura Labs LLC's written consent. Ventura Labs LLC may assign freely.

Force majeure. Neither party is liable for delay or failure caused by events beyond its reasonable control, including chain outages, network partitions, and governmental action.

No partnership. Nothing here creates a partnership, joint venture, agency, or employment relationship, and nothing makes Ventura Labs LLC your fiduciary, broker, or agent.

Contact. [email protected] · 1705 Guadalupe Street, Unit 300, Austin, TX 78701