Terms of Service

TERMS OF SERVICE

LAST UPDATED: October 6th, 2025

IMPORTANT NOTICE: This Agreement is subject to binding arbitration and a waiver of class action rights as detailed in Section 11. Please read the Agreement carefully.

These Terms of Service (the "Terms" or "Agreement") govern your access to and use of the websites and products operated by NockBox Inc. ("NockBox," "we," "us," or "our"), including nockbox.org and pool.nockbox.org (the "Site") and the services provided by us (the "Offerings"). By using the Site or Offerings, you (1) accept and agree to these Terms and (2) consent to the collection and use of information as described in our Privacy Policy. If you do not agree to the Terms, you may not access or use the Offerings.

You also represent that you are (1) not subject to sanctions or otherwise designated on any list of prohibited or restricted parties, including the lists maintained by the U.S. Government (Specially Designated Nationals List and Foreign Sanctions Evaders List of the U.S. Department of Treasury and the Entity List of the U.S. Department of Commerce), and (2) not located in, accessing from, or acting on behalf of persons in prohibited jurisdictions including but not limited to Cuba, Iran, North Korea, Syria, or the Crimea, Donetsk, and Luhansk regions, or any other jurisdiction we designate (see Section 3.7).

1. THE OFFERINGS

1.1 Generally. NockBox offers cryptocurrency mining pool services and related products. Offerings are made available through the Site. Some Offerings require you to create an account. You may access and use the Offerings only in accordance with this Agreement and all applicable laws.

1.2 Third-Party Content and Services. You may access Third-Party Content and Third-Party Services through the Site. Your use is at your own risk and subject to third-party terms. We do not verify, endorse, or control Third-Party Content or Services and disclaim all responsibility for losses resulting from your reliance on them. We reserve the right to change, suspend, remove, or limit any Third-Party Service at any time.

1.3 Support. NockBox may, but is not obligated to, provide support. Support is for informational purposes only and used at your own risk. We are not responsible for impersonation attempts or consequences of relying on support, except in cases of gross negligence. We will never ask for your private keys or secret recovery phrases.

1.4 Service Model. NockBox operates mining pool services. Where the Nockchain protocol permits, mining rewards are paid directly to miner-specified wallet addresses. Where the protocol requires a maturity period before rewards become spendable, rewards may temporarily reside at a pool-controlled address as a protocol-level technical requirement. During this maturity period, the blockchain protocol itself prevents any party (including NockBox) from accessing, transferring, or spending the locked funds. NockBox does not commingle these protocol-locked funds with corporate funds. All distributions are automatic, algorithmic, and executed immediately upon protocol maturity release. We do not offer wallet hosting services, maintain user balance accounts, or provide deposit/withdrawal functionality.

2. CHANGES

2.1 To the Offerings. We may change or discontinue any Offerings at any time. We will use commercially reasonable efforts to communicate any discontinuation through the Site or public channels.

2.2 To this Agreement. We reserve the right to modify this Agreement at any time. It is your responsibility to check periodically for changes. We will communicate material changes through the Site, email (if you have an account), or public channels. Your continued use constitutes acceptance of changes.

3. YOUR RESPONSIBILITIES

3.1 Use of the Offerings. You are responsible for all activities under your use of the Offerings. We are not responsible for unauthorized access, including from fraud or phishing.

3.2 Your Security and Backup. You are solely responsible for properly configuring and using the Offerings and taking appropriate action to secure, protect, and backup your accounts and content. This includes installing updates, securely maintaining passwords and secret recovery phrases, and not sharing credentials. We take no responsibility for theft of secret recovery phrases through intrusion into your devices.

3.3 Log-In Credentials. Log-in credentials are for your use only and may not be sold, transferred, or sublicensed, except to agents and subcontractors performing work on your behalf.

3.4 Blockchain Security Keys. You are solely responsible for the use and security of public/private key pairs. We are not responsible if you share keys or recovery phrases with others.

3.5 Updates. You are solely responsible for downloading, installing, and maintaining the most current version of any Offering. We may release updates from time to time. You understand that using outdated versions may expose you to security vulnerabilities. We will not be liable for any damages arising from your use of superseded versions.

3.6 Identity Verification and Account Restrictions. We reserve the right, at our sole discretion, to require identity verification, Know Your Customer (KYC) procedures, or additional documentation from any user at any time, including but not limited to situations where we determine such verification is necessary to comply with applicable law, detect fraudulent activity, or protect the integrity of our services. Failure to provide requested information within the timeframe specified may result in immediate suspension or termination of your account, including but not limited to: rejection of mining shares, temporary hold on payouts, closure of account access. Payouts held pending KYC verification will be processed upon successful verification or handled according to unclaimed property law if verification is not completed within the statutory dormancy period.

3.7 Sanctions and Geographic Restrictions. By using the Offerings, you represent and warrant that:

(a) You are not located in, ordinarily resident in, or organized under the laws of any comprehensively sanctioned jurisdiction (including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions), nor any jurisdiction we have designated as prohibited for business risk management purposes (currently including Russia and Ukraine);

(b) You are not on any U.S. Government sanctions list including the Specially Designated Nationals (SDN) List;

(d) You understand we employ IP-based geofencing, connection monitoring, and may block access from VPNs, proxies, Tor, or other location-obfuscation technologies;

(e) You will not attempt to circumvent our geographic restrictions or sanctions controls;

(f) We may implement additional geographic restrictions beyond OFAC requirements for business risk management purposes.

Violations may result in immediate account suspension and temporary hold on payouts pending investigation.

3.8 Data Collection for Compliance. We collect and log IP addresses, connection data, and transaction information for compliance with sanctions laws and to monitor for prohibited activity. See our Privacy Policy for details.

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4. TAXES

Each party is responsible for identifying and paying all taxes imposed on that party. We reserve the right to withhold taxes where required.

5. TEMPORARY SUSPENSION

We may suspend your access immediately if we determine:

Your use poses a security risk to the Offerings or any third party
Your use could adversely impact our systems or other users
Your use could subject us or any third party to liability
Your use could be unlawful
You are in breach of this Agreement
For entities, you have ceased normal operations or become subject to bankruptcy proceedings
We detect patterns consistent with pool manipulation, account abuse, or suspicious transaction activity that warrant further review

6. TERM; TERMINATION

6.1 Term. The term commences when you begin using the Offering and remains in effect until termination.

6.2 Termination for Convenience. You may terminate by ceasing use. NockBox may terminate with 30 days' written notice.

6.3 Termination for Cause. Either party may terminate for cause if the other party is in material breach. We may also terminate immediately if (A) we have the right to suspend under Section 5, (B) our relationship with a third-party partner providing technology expires or terminates, or (C) to comply with a regulatory order, law enforcement request, or court order, or to avoid violating law, including where such compliance requires immediate cessation of services without prior notice.

6.4 Effect of Termination. Upon termination all rights terminate immediately. Sections that by their nature should survive will survive.

7. PROPRIETARY RIGHTS

7.1 Your Content. We obtain no rights to Your Content except as provided in this Agreement. You consent to our use of Your Content as necessary to provide the Offerings.

7.2 Offerings License. We or our licensors own all right, title, and interest in the Offerings and related intellectual property. We grant you a limited, revocable, non-exclusive, non-sublicensable, non-transferable license to (a) access and use the Offerings solely in accordance with this Agreement; and (b) copy and use Our Content solely in connection with your permitted use.

7.3 License Restrictions. You may not: (a) modify or create derivative works of Content, (b) reverse engineer the Offerings, (c) scrape data, or (d) resell or sublicense the Offerings. You may not use Our Marks without our prior written consent. You shall not misrepresent or embellish the relationship between us and you.

7.4 Suggestions. If you provide suggestions, we may use them without restriction. You irrevocably assign to us all right, title, and interest in suggestions.

8. INDEMNIFICATION

8.1 General. You will defend, indemnify, and hold harmless us, our affiliates and licensors, and their respective employees, officers, directors, and representatives from any Losses arising from: (a) breach of this Agreement or violation of applicable law by you; or (b) disputes between you and your customers or users. You will reimburse us for reasonable attorneys' fees.

8.2 Intellectual Property. You will defend us against any claim that Your Content infringes third-party intellectual property rights, and will pay any adverse judgment or settlement.

WE PROVIDE NO INDEMNIFICATION FOR INTELLECTUAL PROPERTY CLAIMS AGAINST YOU. You acknowledge and agree that you use the Offerings at your own risk and bear all responsibility for any third-party intellectual property claims arising from your use of the Offerings.

8.3 Process. No party will agree to any settlement involving any commitment other than payment of money without the written consent of the other party.

9. DISCLAIMERS; RISKS

9.1 DISCLAIMER. THE OFFERINGS ARE PROVIDED "AS IS." EXCEPT TO THE EXTENT PROHIBITED BY LAW, WE AND OUR AFFILIATES AND LICENSORS (A) MAKE NO REPRESENTATIONS OR WARRANTIES OF ANY KIND REGARDING THE OFFERINGS, THIRD-PARTY CONTENT, OR THIRD-PARTY SERVICES, AND (B) DISCLAIM ALL WARRANTIES, INCLUDING ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, THAT THE OFFERINGS WILL BE UNINTERRUPTED, ERROR FREE OR FREE OF HARMFUL COMPONENTS, AND THAT ANY CONTENT WILL BE SECURE OR NOT LOST OR ALTERED.

9.2 RISKS. OUR OFFERINGS RELY ON EMERGING TECHNOLOGIES WITH INHERENT RISKS. YOU ACKNOWLEDGE THAT:

You understand the risks of cryptographic and blockchain-based systems
You are financially and technically sophisticated enough to use these systems
Blockchain transactions are irreversible
Private keys and recovery phrases must be kept secret
Digital copying or storing your recovery phrase may increase risk of theft
You are solely responsible for transactions you cryptographically sign
Digital assets present market volatility, technical, regulatory, and cybersecurity risks
Blockchain protocols may contain bugs resulting in loss of functionality or funds
We do not control blockchain protocols, third-party smart contracts, or third-party services
You alone are responsible for your transactions with blockchain protocols

10. LIMITATION OF LIABILITY

10.1 Exclusion of Consequential Damages. NEITHER WE NOR OUR AFFILIATES SHALL HAVE ANY LIABILITY FOR LOST PROFITS, REVENUES, GOODWILL, OR INDIRECT, SPECIAL, INCIDENTAL, CONSEQUENTIAL, COVER, BUSINESS INTERRUPTION OR PUNITIVE DAMAGES, WHETHER IN CONTRACT OR TORT, EVEN IF ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THE FOREGOING DISCLAIMER WILL NOT APPLY TO THE EXTENT PROHIBITED BY LAW.

10.2 Limitation of Amount. EXCEPT FOR CLAIMS RELATING TO BREACH OF PROPRIETARY RIGHTS (SECTION 7) AND INDEMNIFICATION (SECTION 8), OUR AGGREGATE LIABILITY SHALL NOT EXCEED THE TOTAL AMOUNT PAID BY YOU FOR THE OFFERINGS IN THE TWELVE MONTHS PRECEDING THE FIRST INCIDENT, OR, IF NO FEES HAVE BEEN PAID, $100. WE SHALL HAVE NO LIABILITY EXCEPT TO THE EXTENT DAMAGES ARE DETERMINED BY FINAL JUDGMENT OF A COURT OR ARBITRATOR.

11. BINDING ARBITRATION AND CLASS ACTION WAIVER

PLEASE READ THIS SECTION CAREFULLY – IT MAY SIGNIFICANTLY AFFECT YOUR LEGAL RIGHTS, INCLUDING YOUR RIGHT TO FILE A LAWSUIT IN COURT.

11.1 Binding Arbitration. Any Claim relating to this Agreement, the Site, or your use of the Offerings will be resolved by binding arbitration rather than in court, except you may assert Claims in small claims court if they qualify.

The arbitration will be administered by JAMS pursuant to the JAMS Consumer Arbitration Minimum Standards and JAMS Streamlined Arbitration Rules & Procedures (available at https://www.jamsadr.com/rules-clauses/).

If you are a consumer, your filing fee will not exceed $250, and NockBox will pay all other JAMS fees and costs. The arbitration hearing will be conducted remotely or in the county of your residence, unless you choose otherwise.

This Agreement shall be governed by Texas law. The Federal Arbitration Act applies. The arbitrator's decision shall be final, binding, and non-appealable.

Judgment may be entered in any court having jurisdiction. Neither party shall sue the other except as provided herein; any such suit may only be brought in Federal District Court or Texas state court in Travis County, Texas. The arbitrator, not any court, shall have exclusive authority to resolve disputes relating to interpretation, applicability, unconscionability, arbitrability, enforceability, or formation of this Agreement. If a Claim proceeds in court rather than arbitration, we and you waive any right to a jury trial. Either party may bring suit in court to enjoin infringement or misuse of intellectual property rights.

11.2 Class Action Waiver. YOU AND WE AGREE THAT EACH MAY BRING CLAIMS AGAINST THE OTHER ONLY ON AN INDIVIDUAL BASIS, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING. Unless both parties agree, no arbitrator or judge may consolidate more than one person's Claims or preside over any representative or class proceeding. If a court decides applicable law precludes enforcement of any limitation in this paragraph as to a particular Claim, then that Claim (and only that Claim) must be severed and may be brought in court. If any court or arbitrator determines the class action waiver is void or unenforceable, the arbitration provisions shall be deemed null and void.

11.3 30-Day Right to Opt Out. You may opt out by sending written notice to support@nockbox.org with subject line LEGAL OPT OUT within 30 days of first use, otherwise you shall be bound to arbitrate disputes. If you opt out, we will also not be bound by these provisions.

12. MISCELLANEOUS

12.1 Assignment. You will not assign this Agreement without our prior written consent. Any assignment in violation is void. We may assign this Agreement (a) in connection with a merger, acquisition, or sale of assets, or (b) to any affiliate; upon assignment, the assignee is substituted for us and we are fully released.

12.2 Entire Agreement. This Agreement and the Policies constitute the entire agreement regarding the subject matter. If inconsistent with any Policy, this document controls. Modifications must be in writing.

12.3 Force Majeure. Neither party will be liable for delays or failures from causes beyond reasonable control, including acts of God, utilities failures, cyber attacks, earthquakes, pandemics, blockages, embargoes, riots, acts of government, terrorism, or war.

12.4 Export and Sanctions Compliance. You must comply with all applicable import, export, sanctions, and anti-boycott laws. You may not use any Offering if subject to U.S. sanctions or sanctions imposed by the country where you are using the Offering.

12.5 Independent Contractors. We and you are independent contractors. This Agreement does not create a partnership, joint venture, agency, or employment relationship.

12.6 Eligibility. You must be at least 18 years of age to use the Offerings.

12.7 Notice. We may provide notice by posting on the Site, sending email to your account, or using public channels. Notices are effective upon posting or sending. You must contact us by email at support@nockbox.org.

12.8 No Third-Party Beneficiaries. This Agreement does not create third-party beneficiary rights except as specified herein.

12.9 No Waivers. Our failure to enforce any provision is not a waiver. All waivers must be in writing.

12.10 Severability. If any portion is held invalid, the remaining portions remain in full force. Invalid portions will be interpreted to effect intent or severed.

12.11 Copyright Infringement Claims. Copyright owners should provide written notice with: signature of authorized person, description of copyrighted work, description of infringing material location, contact information, good faith belief statement, and accuracy statement under penalty of perjury. Contact: Email: support@nockbox.org, Subject Line: Copyright Notification.

13. DEFINITIONS

"Content" means data, text, audio, video, images, software, and documentation.

"Digital Assets" means any digital asset (including virtual currency) which is a digital representation of value based on a cryptographic protocol.

"End User" means any individual or entity that directly or indirectly accesses or uses Your Content or the Offerings under your account.

"Losses" means claims, damages, losses, liabilities, costs, and expenses (including reasonable attorneys' fees).

"Our Marks" means trademarks, service marks, trade names, logos, and other designations of NockBox and affiliates or licensors.

"Policies" means the Acceptable Use Policy, Privacy Policy, and other policies referenced in this Agreement.

"Privacy Policy" means the policy at https://www.nockbox.org/privacy-policy, as updated periodically.

"Third-Party Content" means Content made available by third parties on the Site or with the Offerings.

14. ACCEPTABLE USE POLICY

You agree not to, and not to allow third parties to, use the Offerings:

To violate or encourage violation of legal rights of others
To engage in, promote, or encourage illegal activities including fraud, money-laundering, or terrorist activities
For any unlawful, invasive, infringing, defamatory, or fraudulent purpose
To distribute viruses, worms, Trojan horses, corrupted files, hoaxes, or destructive items
To interfere with, disrupt, or negatively impact the Offerings, Third-Party Content, or equipment used to provide the Offerings
To disable, interfere with, or circumvent any aspect of the Offerings
To use robots, spiders, crawlers, scrapers, or automated means to access the Offerings or extract data
To use another user's account without authorization
To reproduce content from our website without prior consent
To use our data for any AI, machine learning, automated data collection, or dataset creation purposes, including model training, testing, distribution, or commercial use, without prior written permission, except as permitted by law (including fair use). This restriction applies to all forms of data, even if modified, scraped, or obtained through third parties.
To provide false, inaccurate, or misleading information
To generate, distribute, or facilitate unsolicited mass email, promotions, or advertising
To use the Offerings to access other products in a manner violating their terms
To use VPNs, proxies, Tor, or other technologies to circumvent our geographic restrictions or sanctions compliance controls (note: VPN use that does not circumvent geo-restrictions may be permitted)

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15. OFFERING SPECIFIC TERMS

The provisions below apply to specific Offerings and supplement all other Terms. If you do not use the Offering, these provisions do not apply.

15.1 NockBox Pool

NockBox Pool is a cryptocurrency mining pool service for mining NOCK. By using NockBox Pool, you acknowledge and agree that:

Service Model:

Mining rewards are earned and distributed according to Pay Per Last N Shares (PPLNS) or variation thereof
Currently based on last 20,000 shares submitted
We may change the share calculation method, number of shares, or payout model at our discretion
There may be delays in distribution as we process payouts

Fees:

Pool fees are dynamic and range from 3% to 25% based on performance vs. competitors
Fees are displayed at pool.nockbox.org
We may change fee structure, calculation method, or rates at any time
We may negotiate different fees with specific partners
Regular weekly fee adjustments require no notice; structural changes require 24-hour notice

Payment Errors:

If software errors, protocol bugs, or system malfunctions cause overpayment to your wallet, you authorize us to offset the excess against future payouts or request return to a specified address. If underpayment occurs due to system error, we will remit the shortfall promptly once verified. We are not obligated to make duplicate payments caused by user error or blockchain-level issues beyond our control.

Wallet Address Changes:

Wallet address changes apply prospectively only. Shares submitted before a wallet address change remain associated with the previous address for payout calculation purposes. You are responsible for ensuring your registered wallet address is correct and accessible.

Unclaimed or Failed Payouts:

If a payout fails due to invalid wallet address, blockchain rejection, or technical failure beyond our control, we will make reasonable efforts to notify you at your registered email address. We will hold the amount and permit correction of wallet information. If we cannot complete delivery after the applicable statutory dormancy period (typically three years for intangible property under Texas law), we will comply with Texas unclaimed property laws, including required due-diligence notices and remittance to the Texas Comptroller. We will not automatically forfeit unclaimed rewards.

Your Responsibilities:

You are responsible for reporting and paying all applicable taxes
You shall comply with all applicable laws and regulations
You are responsible for preparing necessary equipment and related expenses
You are responsible for properly configuring mining equipment and wallet
You provide a valid NOCK wallet address (pubkey) that you control

Service Nature:

NockBox Pool is provided "as is"
Mining difficulty and rewards may fluctuate based on network conditions
We do not guarantee mining profitability or any level of rewards
We do not guarantee uninterrupted or error-free operation

Blockchain Maturity:

The Nockchain blockchain protocol enforces a 100-block confirmation period (maturity lock) before mined rewards become accessible. This is a protocol-level security feature built into the blockchain itself, not a NockBox policy or business practice. During this maturity period:

The cryptocurrency is locked by the blockchain protocol
Neither NockBox nor miners can access, transfer, or spend the funds
NockBox has no ability to override or accelerate this protocol requirement
Payouts are processed automatically once the blockchain releases the funds

Non-Custodial Service:

We operate non-custodial services
We do not have access to the security key controlling access to your rewards
You acknowledge responsibility for safeguarding your security key
We are not responsible for any failure by blockchain networks to transfer rewards or for loss or transfer to incorrect wallet address

Prohibited Activities:

You agree not to engage in activities that could harm pool operation
You agree not to use unauthorized mining equipment or engage in pool hopping
We reserve the right to reject shares and ban accounts for suspected pool hopping or gaming attempts
Engaging in or attempting money laundering, terrorist financing, or other illicit financial activity through the pool
Providing false wallet addresses or attempting to redirect rewards after payout
Using automated attacks or exploits to manipulate share validation

Connection Limits:

Up to 15 simultaneous connections permitted (may be increased for institutional users)
Connections may be miners or proxies

Share Difficulty:

Set automatically based on performance
Only valid shares are accepted

Fork and Chain Split Handling:

In the event of a blockchain fork, we will follow the chain we determine to be most-worked at our sole discretion. Our determination of the "most-worked chain" is made in good faith based on technical analysis and industry standards, but is ultimately at our sole discretion. We are not liable for any losses resulting from our chain selection.
We are not responsible for rewards from orphaned blocks due to chain reorganizations
We are not responsible for mining on abandoned chains

51% Attacks:

Nockchain is an independent blockchain not controlled by NockBox
We are not responsible for 51% attacks or other consensus-level attacks on the network
We are not responsible for protocol vulnerabilities or network failures

By using NockBox Pool or any Offering, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.

Last Updated: October 6th, 2025

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