Terms of Service.

1.1 Catalyst makes the Services available through the Platform, including Challenges, Competitions, Platform Features, and referral and ambassador programs. Catalyst may add, modify, suspend, or discontinue any part of the Services at any time. Sections 1.2–1.6 apply to Challenges; Sections 1.7–1.10 apply to Competitions; Section 11 applies to Platform Features and referral programs.

1.2 Catalyst operates a skill-based trading evaluation service (the Product), in which Customers complete performance evaluations in a simulated environment using real prediction market data.

1.3 The Product does not involve live trading, proprietary trading, or brokerage services. No real financial assets are traded.

1.4 Customers pay a one-time fee for access to the Product, which includes a simulation account and evaluation. There are no subscriptions. Our third-party payment processor may store your payment method in its PCI-compliant vault and return a tokenized reference; Catalyst may add or change processors at any time without notice. You may request removal of a stored payment method by emailing [email protected]. Awards deposited to a Customer's in-platform wallet are a pending obligation by Catalyst to disburse funds on a valid withdrawal request, subject to Section 9. The wallet is not a stored-value, prepaid, or deposit account.

1.5 Service delivery begins at checkout. The Product is digital, with no physical delivery. By purchasing, you request that Catalyst begin performance immediately and acknowledge that you lose any withdrawal or cooling-off right available under applicable law, including EU Directive 2011/83/EU, the UK Consumer Contracts Regulations 2013, the Australian Consumer Law, or equivalent, once performance begins.

1.6 Where the Program Rules for a Challenge provide a reset option, a reset is a one-time payment and a new purchase of the Product. Whether resets are available, and their timing and fees, are set forth in the Program Rules.

1.7 Competitions

Catalyst may offer Competitions, free or paid. Competitions are contests of skill in which participants are ranked on the accuracy and quality of their predictions and simulated trading and staking decisions, and prizes are allocated by finishing position under published, objective criteria. Entry confers no interest in a Challenge and no award under Section 2. Each Competition is governed by its Competition Rules and these Terms.

1.8 Competition entry limit

Unless a Competition's Rules state otherwise, entry is limited to one (1) per natural person. Multiple entries by or for the same person, through separate profiles, emails, phone numbers, names, devices, or otherwise, are prohibited. Catalyst may disqualify any or all such entries and withhold, revoke, or claw back any associated prize, including after standings are published and after a prize is announced or disbursed.

1.9 Competition prizes

Prizes are allocated per the published prize structure and tie-break. Prizes are personal, non-transferable, and non-assignable, with no cash substitution except at Catalyst's discretion. Non-cash prizes are awarded at the approximate retail value stated in the Rules and carry no cash value. Winners are responsible for all taxes. Catalyst may require identity verification (Section 5), tax documentation (Section 9), and execution of an eligibility affidavit, liability release, and, where lawful, a publicity release before releasing a prize. Prizes not claimed within the period stated in the winner notification are forfeited. A Challenge or other non-cash prize must be redeemed within the period stated in the Competition Rules or winner notification, or ninety (90) days from award if no period is stated, after which it expires. Where a prize is supplied by a third party or sponsor, that party is responsible for fulfillment, the prize is subject to the supplier's terms, and Catalyst disclaims all liability for it. Competitions are void where prohibited, and Catalyst may exclude any person or jurisdiction.

1.10 Competition administration

Catalyst may, at its discretion, correct scoring errors, void a round, match, or entry, adjust a Competition period, substitute matchups, or cancel or suspend a Competition where a technical failure, data feed error, cancellation or postponement of an underlying event, suspected manipulation, or other cause beyond its reasonable control compromises integrity. On cancellation or suspension, Catalyst may award prizes on standings at that point or make no award. Standings, scoring, and final results as determined by Catalyst are final and binding.

This Section applies to Challenges only. Competition prizes are governed by Sections 1.7–1.10; Platform Features by Section 11.

2.1 Award structure

Awards are fixed, predetermined cash amounts disclosed at purchase. They are not profit splits, are not tied to simulated profits, and are not based on ongoing performance. There are no partial, prorated, or discretionary awards. All awards are funded solely by Catalyst. Simulated balances, positions, and funds are fictitious; the Customer has no right, title, or ownership interest in any simulated account property.

2.2 Award eligibility

All simulated trading must occur on the Platform; external activity is ineligible. Awards issue only on successful completion of the evaluation requirements, to an active account in good standing not opened with a non-award-eligible code or a method that circumvents the standard purchase process. Awards are paid only to the individual who completed the evaluation and made the original purchase, whose account name must match the KYC-verified identity and payment method (Section 5). Awards are personal, non-transferable, and non-assignable.

2.3 Award issuance and wallet

Award determination is immediate on completion. Awards are deposited to the Customer's Catalyst wallet within three (3) business days. Withdrawals are processed within five (5) business days of a properly submitted request, subject to Section 9.

2.4 Catalyst's rights and rule violations

Catalyst may deny, withhold, or revoke award eligibility for any violation, breach, fraud, or misconduct, including retroactively if discovered after award determination. A violation is an evaluation failure at the moment it occurs, regardless of when detected; enforcement delays do not waive it or entitle the Customer to continued trading on a failed evaluation. Trades, profits, or eligibility obtained after the violation may be reversed. Catalyst may offset from award amounts any losses caused by the Customer's breach, fraud, or misconduct, and may cancel, revoke, or withhold any award for any violation, whether or not related to the evaluation in which it was earned.

3.1 One profile per person

Each natural person is limited to one (1) profile across the Platform, tied to one name, one email, and one phone number. You may not create, control, operate, or benefit from more than one profile, whether under the same or different names, emails, phone numbers, payment methods, devices, or IP addresses, and whether for a Challenge, a Competition, or any other purpose. This limit is platform-wide and applies across all Services. Within that profile, each Customer is limited to one (1) active evaluation at a time.

3.1.1 More than one profile is a material breach. Catalyst may, at its discretion and without notice, close any or all profiles of the same person, disqualify any entries, void any evaluation result, and withhold, revoke, or claw back any associated award or prize, including retroactively and after it is determined, announced, or disbursed.

3.1.2 Catalyst may determine that profiles are held or controlled by the same person on any reliable evidence, including matching or similar names, emails, phone numbers, addresses, payment instruments, tax IDs, device fingerprints, IP addresses, network infrastructure, hardware or browser signatures, behavioral patterns, or submission timing. Its determination is final, subject only to Section 13.

3.2 Where the Program Rules provide for resets, they are governed by the Program Rules at help.tradecatalyst.com; availability, timing, and fees may change.

3.3 Accounts are for individuals only. No business entity accounts.

3.4 The Customer must pay the one-time evaluation fee at purchase.

3.5 Each profile, and each entry from it, is personal, non-transferable, and non-assignable. Credentials may not be shared.

3.6 Catalyst may act on all instructions received through the Customer's account.

3.7 Catalyst may deny access or block transactions without notice.

3.8 Catalyst may adopt an inactivity policy and close accounts inactive for a period it determines.

3.9 You are responsible for all activity under your profile and for keeping your credentials secure. Notify Catalyst promptly at [email protected] of any unauthorized access to or use of your profile.

4.1 You must be at least eighteen (18), or the age of majority in your jurisdiction if higher.

4.2 You are solely responsible for determining the legality of your use in your jurisdiction. Catalyst makes no representation that the Services are appropriate, available, or permitted anywhere.

4.3 You represent that you are not on any U.S. prohibited-persons list, including the OFAC SDN List; are not in a comprehensively sanctioned country or territory; and are not acting for any sanctioned party.

4.4 Prohibited jurisdictions are enforced via IP, billing address, and country selection at signup; a current list is at help.tradecatalyst.com. Catalyst may restrict availability to any person or jurisdiction.

4.5 Current and former employees, officers, directors, and contractors of Catalyst may not maintain Customer profiles. In addition, current employees, officers, directors, and contractors of Catalyst and its affiliates, agencies, and prize suppliers, and their immediate family and household members, may not win any Competition prize. This does not prevent such a person from being a named participant or competitor within a Competition, provided they do not enter as a Customer and do not influence scoring or administration.

4.6 Competitors may not access the Platform or purchase the Product without Catalyst's prior written consent.

4.7 Customer representations

By purchasing any part of the Services, entering any Competition, creating any profile, or using the Platform, you represent that: (a) you received no guarantee of success or profit; (b) you participate solely for your own benefit, not for anyone else; (c) all information you provide is complete and accurate and you will update it; (d) simulated capital is not real currency and you have no right to it beyond the evaluation; (e) simulated performance is not indicative of real-market results; (f) your profile is under your own legal name, you are its sole beneficial user, and you will not let anyone else operate it; and (g) you hold only one (1) profile across the Platform and have not created another under any other name, email, or identifier.

4.8 If Catalyst determines you were under the required minimum age when you created your profile or used the Services, your profile and any award, payout, or prize are void, and Catalyst may terminate the profile and reverse any award. The entry or evaluation fee is non-refundable except where a refund is required by applicable law.

5.1 Identity verification

Identity verification and tax documentation are required at first withdrawal, not at registration. For U.S. Customers eligible for ACH, Catalyst verifies identity directly, collecting full legal name, date of birth, residential address, email, phone, government photo ID, and bank verification through a third-party provider, with manual review of flagged submissions. For international Customers, verification and AML screening are performed by Catalyst's third-party compliance provider, which issues applicable tax documentation. Failure to complete verification or tax documentation results in withholding of any payout. Your registration name must match your KYC-verified identity and payment method; if it does not, Catalyst may withhold or deny any payout and suspend or terminate the account. This Section applies to any recipient of an award or prize, including a Competition prize, whether or not they purchased any part of the Services. See the Privacy Policy for details.

5.2 Sanctions screening

Catalyst screens against OFAC and applicable sanctions lists before any disbursement, with manual review of potential matches, and applies IP geoblocking for prohibited jurisdictions at registration. No award issues to sanctioned or restricted persons or jurisdictions. Catalyst may screen against other restricted-party lists, including the U.S. BIS Entity List, U.S. State Department nonproliferation lists, the EU Consolidated List, the UK OFSI Consolidated List, and the UN Security Council Consolidated List. You represent that you are not (a) in or a resident of any comprehensively sanctioned country or territory, including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions of Ukraine; (b) on any restricted-party list; or (c) owned or controlled by, or acting for, any such person. Catalyst may deny, suspend, or terminate access or withhold any award where it determines that providing services would violate sanctions, export controls, or AML laws.

6.1 Catalyst uses fraud monitoring including device fingerprinting and IP intelligence, duplicate, linked, and multiple-entry profile detection, behavioral risk scoring, velocity and abuse monitoring, chargeback and dispute monitoring, shared device and network analysis, coordinated trading and coordinated entry pattern detection, and manual review.

6.2 You agree to these measures as a condition of using the Platform. See the Privacy Policy for details.

This Section applies to all use of the Services and the Platform. Subsections 7.1–7.9 apply to simulated trading and to Challenges, and to any Competition involving simulated trading or staking. Subsections 7.10–7.13 apply platform-wide to every part of the Services, including every Competition and Platform Feature, whether or not it involves trading. Violation may result in immediate termination of any or all profiles, disqualification from any Competition or Platform Feature, forfeiture, revocation, or clawback of any pending, awarded, or disbursed award or prize, and a permanent ban.

Platform exploitation

7.1 Exploiting the simulated environment for an advantage that would not exist in live prediction market trading, including (a) strategies exploiting conditions inherent to the simulation; (b) reverse-engineering or probing the Platform to find exploitable behaviors; or (c) exploiting any bug, glitch, error, latency, or unintended behavior, whether or not disclosed to Catalyst.

7.2 Using any strategy intended to exploit or create Platform errors, including price display or update-delay errors, or using external or slow data feeds to gain an informational advantage over the Platform's pricing.

7.3 Using AI, bots, ultra-high-speed tools, copy- or mirror-trading software, or mass data-entry tools to manipulate or abuse the Platform, or pre-arranging with other Customers to replicate strategies.

7.4 Using or enabling a VPN, VPS, proxy, smart DNS, Tor, or similar tool that masks, alters, relays, or anonymizes your IP or location while using the Platform. You must access from your actual, unmasked location, regardless of purpose. Separately, circumventing geographic restrictions, concealing your identity or location, evading a suspension or ban, or facilitating promotional code abuse is prohibited.

7.5 Trading for any other person or entity, or sharing awards as part of any business arrangement.

7.6 Coordinated trading across multiple accounts, whether your own or with others, including operating from common devices, IPs, or network infrastructure, or trading alone or with others to manipulate, abuse, or gain an unfair advantage.

Prediction market-specific prohibited conduct

7.7 Any of the following: (a) placing offsetting positions that neutralize exposure, including (i) holding YES and NO on the same market; (ii) holding two or more mutually exclusive outcomes of the same event (a "complete set," where one is guaranteed to resolve YES and the rest NO), such as multiple halftime leaders, first scorers, or match results on one game; or (iii) entering an opposite-side position to lock in simulated profit; (b) exploiting settlement timing or known outcomes to inflate returns; (c) timing trades to known settlements; (d) trading on a real-world outcome after it is publicly known or determinable but before it is reflected in Platform prices; or (e) any other activity designed to meet evaluation targets while avoiding genuine exposure to price movement.

7.8 Wash trading, inflating trade count through non-substantive or de minimis transactions, or correlated hedging across multiple accounts.

7.9 Circumventing evaluation targets, rules, loss limits, position size limits, stake caps, or per-round limits applicable to any part of the Services. A loss limit breach is an immediate evaluation failure regardless of later recovery.

Account access

7.10 Permitting any third party to access, operate, or trade on your account, including through remote access software, signal execution, or account management, compensated or not.

Profile integrity and entry integrity (platform-wide)

7.10.1 Creating, controlling, operating, or benefiting from more than one profile, or submitting more than one Competition entry, in violation of Section 3.1 or 1.8.

7.10.2 Registering or participating under a name that is not your own, using another person's identity or information, or providing false or misleading registration or entry information.

7.10.3 Acting with others to submit coordinated entries, picks, or predictions to increase the prize positions, amounts, or awards obtained by any person or group.

7.10.4 Entering or participating in any part of the Services for the benefit of any other person or entity.

7.10.5 Selling, transferring, purchasing, or brokering any profile, entry, entry or standings position, award, or prize.

Competition-specific prohibited conduct

7.10.6 Submitting a pick, prediction, or entry after the lock time, or circumventing any lock, deadline, or entry window by any means, including clock manipulation, request replay, or exploiting client-side state.

7.10.7 Submitting a pick, prediction, or entry on a real-world outcome after it is publicly known or determinable but before the Platform enforces the lock.

7.10.8 Tampering with or interfering with any Competition, its scoring, standings, leaderboard, or any other participant's entry.

7.10.9 Using any script, bot, macro, automated entry tool, or multi-session tooling to submit entries or picks.

Financial and payment integrity (platform-wide)

7.10.10 Funding any purchase with a stolen, unauthorized, or fraudulently obtained payment instrument; providing false or misappropriated payment information; initiating a chargeback or reversal on a charge you authorized; or otherwise seeking access, awards, or refunds through payment fraud. This is in addition to Section 8.4.

7.10.11 Using the Platform, any Services, or any award, wallet, or payout mechanism to launder money, to place, layer, conceal, transfer, or integrate the proceeds of unlawful activity, to finance unlawful activity, or to evade tax, sanctions, or currency controls. You represent that all funds used derive from lawful sources and that you are their lawful owner.

Impersonation and misrepresentation (platform-wide)

7.10.12 Impersonating Catalyst, any Catalyst employee, officer, director, contractor, or agent, or any other user; misrepresenting your identity, affiliation, or authority; or operating any account, profile, page, handle, or communication that falsely purports to be operated by, endorsed by, or affiliated with Catalyst.

Phone verification (platform-wide)

7.10.13 Using a virtual, temporary, disposable, or VoIP phone number, another person's phone number, or any service that generates or relays phone numbers or verification codes, to evade phone verification, to create or maintain more than one profile, or to circumvent Section 3.1.

Conduct toward personnel and other users

7.11 Threatening, harassing, or directing abusive, discriminatory, or violent language toward Catalyst employees, contractors, or support personnel. Catalyst may immediately terminate access without warning.

7.11.1 Threatening, harassing, stalking, defaming, or directing abusive, discriminatory, or violent language toward any other user or participant, including in any Competition, on any leaderboard, or in any Community Space. Catalyst may remove content, disqualify entries, and suspend or terminate access.

General

7.12 Catalyst may determine, at its discretion, that any conduct is uncommercial, intended to game or exploit any part of the Services, not a viable trading or prediction strategy, or not responsible participation, and take any remedial action it deems appropriate.

7.13 Remedial actions include, without limitation: removal of profits, deletion of trades, deletion or voiding of picks and entries, disqualification from any Competition, recalculation of standings, account resets, forfeiture or clawback of any award or prize, suspension or termination of any or all profiles, and permanent bans.

8.1 Refunds are available within fourteen (14) days of purchase if no trades have been placed.

8.2 Once you place any trade, the service is fully performed and the fee is non-refundable.

8.3 No refunds are issued based on the outcome of any Challenge or Competition, including failure to pass, qualify, place, or win.

8.4 An unjustifiable chargeback or payment dispute is a material breach. Catalyst may terminate all services and refuse future service to any Customer who initiates one.

8.5 This Section applies only to parts of the Services for which a fee was paid. Free Competitions carry no fee and no refund right; paid Competitions' refund terms are in their Rules. Platform Feature balances are non-refundable and governed by Section 11.

9.1 Pre-withdrawal requirements

No payout is processed until the Customer completes, to Catalyst's satisfaction, (a) all applicable KYC under Section 5 and (b) all required tax documentation, including IRS Form W-9 for U.S. persons or the applicable W-8 series for non-U.S. persons, and any additional forms required by the payout processor or law. Catalyst may withhold any payout, in whole or part, pending completion.

9.2 U.S. Customers receive disbursements through Catalyst's third-party payout processor by the payout methods it makes available, which may include ACH to a verified bank account.

9.3 International Customers receive disbursements through Catalyst's third-party payout processor. Catalyst does not custody digital assets or provide cryptocurrency services.

9.4 Catalyst's disbursement obligation is fulfilled on initiating the transfer to its third-party payout processor, after which Catalyst has no further liability, to the extent permitted by law, for timing, delivery method, currency conversion, or fees. As of these Terms, the processor is Dots (dots.dev), which also conducts KYC and AML screening, stores tax documentation (W-9 and W-8), and remits IRS Form 1099 reporting on Catalyst's behalf where required. By requesting a withdrawal, you authorize Dots to collect and process your information for these purposes, subject to Dots' privacy policy and terms. Catalyst may change processors on notice.

9.5 Any dispute over disbursement after transfer to the processor is directed to the processor. Catalyst will assist reasonably but bears no independent liability.

9.6 This Section applies to every award Catalyst issues, including commissions, cash or non-cash, however described. For any non-cash award, Catalyst's obligation is fulfilled on issuing or crediting it.

9.7 A payout credited to your wallet must be claimed by completing all required identity verification and tax documentation (Section 5) and submitting a withdrawal request within ninety (90) days of the credit date. Any payout not claimed within that period is forfeited, and Catalyst is not obligated to give notice before forfeiture.

9.8 Catalyst and its payout processor may withhold or deduct any tax required by law, including backup withholding and withholding on payments to non-U.S. persons, and reduce your payout accordingly. Amounts withheld are treated as paid to you.

9.9 Catalyst may set and change a minimum withdrawal amount and a withdrawal or processing fee, disclosed before you submit a withdrawal request.

9.10 Payouts are issued in U.S. dollars or, for international recipients, in the currency the payout processor makes available for their country. Conversion rates and fees are set by the payout processor.

10.1 Nothing here prevents you from posting honest reviews or truthful opinions about Catalyst, including rights under the Consumer Review Fairness Act (15 U.S.C. § 45b) and similar laws. Catalyst reserves all remedies for statements that are knowingly false and materially defamatory.

10.2 This Section does not restrict (a) truthful statements in response to a subpoena or court order, (b) good-faith reports to a regulator, or (c) statements made in dispute resolution under Section 13.

11.1 Catalyst may issue promotional or discount codes ("Promotional Codes"), which are personal, non-transferable, and may not be sold, published, or distributed without consent.

11.2 Promotional Codes may carry additional terms, expiration dates, and usage limits stated at issuance.

11.3 Catalyst may void, revoke, or modify any Promotional Code at any time, including for suspected abuse, fraud, or violation.

11.4 Promotional Codes may not be combined, stacked, or applied retroactively unless expressly permitted.

11.5 Catalyst may terminate any Customer profile, and forfeit, revoke, or claw back any award or prize, for promotional code abuse, multiple profile creation, or multiple entry, including creating multiple profiles or entries to exploit promotional offers, prize pools, or Competition prize structures.

11.6 Platform Features

Catalyst may make available features that assign or display points, experience points, credits, levels, tiers, streaks, badges, achievements, status designations, leaderboard positions, virtual items, or any similar balance, indicator, or reward, whether cosmetic or redeemable ("Platform Features"). They are offered at Catalyst's discretion and governed by these Terms and any rules published for the feature at help.tradecatalyst.com; these Terms control over any conflict.

11.7 No value; no property right

Platform Features, including any points balance, have no cash value and are not currency, stored value, deposits, or property, and confer no ownership or vested right. They cannot be bought, sold, transferred, gifted, assigned, inherited, pledged, redeemed for cash, or exchanged for value, except where Catalyst expressly permits redemption in the feature's published rules. Any balance is a limited, revocable license. Catalyst is not obligated to offer redemption.

11.8 Modification

Catalyst may create, modify, revalue, expire, suspend, or discontinue any Platform Feature, balance, earning rate, or redemption option at any time, with or without notice and without liability, and may set and change expiration, earning caps, redemption caps, and eligibility.

11.9 Forfeiture and correction

All balances and status are forfeited immediately and without compensation on closure or termination of your profile for any reason, on material breach, or on a determination under Section 7. Catalyst may reverse, adjust, or void any balance or status obtained in error, through a fault, or through conduct prohibited under Section 7.

11.10 Referral, affiliate, and ambassador programs

Catalyst may operate such programs, governed by these Terms and the published program terms, which control as to commission rates, attribution windows, payment timing, and mechanics. Participation may require Catalyst's invitation or approval. Catalyst may modify, suspend, or terminate any program or enrollment at any time.

11.11 Referral abuse

Prohibited and constituting conduct under Section 7: referring yourself; creating, using, or directing any profile to generate a referral credit, commission, or balance for yourself or anyone acting with you; referring anyone who does not independently intend to use the Services; generating referrals through incentivized traffic, misleading claims, unauthorized bidding on Catalyst brand terms, spam, or impersonation; and rebating any part of a commission to the referred person as an inducement, unless expressly permitted.

11.12 Clawback

Catalyst may withhold, reverse, or claw back any referral or affiliate commission, and forfeit any associated balance or status, where the underlying transaction is refunded, charged back, or reversed, or where the referral or balance results from conduct prohibited under this Section or Section 7, retroactively and after payment.

11.13 Taxes

You are responsible for all taxes on any commission, reward, prize, or redemption. Catalyst may require identity verification (Section 5) and tax documentation (Section 9) before paying.

11.14 Participants in any referral, affiliate, or ambassador program must comply with the FTC Guides Concerning the Use of Endorsements and Testimonials and all applicable disclosure laws, and must clearly and conspicuously disclose their affiliate or paid relationship with Catalyst in any promotion. Additional obligations are set forth in the applicable program terms.

12.1 Not a broker-dealer; not investment services

Catalyst is not a broker-dealer, FCM, CTA, CPO, investment adviser, designated contract market, or exchange, and does not trade securities or prediction market contracts for Customers. The Product is not investment advice and is provided for educational and informational purposes only, not as financial, legal, regulatory, tax, or other professional advice.

12.2 Regulatory characterization

(a) Challenges. Each Challenge is a skill-based performance evaluation. Customers pay for access to evaluation infrastructure and assessment on the Platform. Outcomes and award eligibility are determined solely by the Customer's demonstrated skill, judgment, risk management, and adherence to objective criteria disclosed at purchase. No chance, randomness, or luck determines whether a Customer passes or receives an award; the predominant factor is skill. Each Challenge does not match participants against one another; each evaluation is assessed independently against fixed criteria. Awards are fixed, predetermined amounts paid for demonstrated skill, not prizes distributed by chance or relative ranking. Each Challenge is not a sweepstakes, lottery, raffle, contest, game of chance, prediction market, sports betting or daily fantasy product, or gambling of any kind, and no purchase is a wager, bet, or stake, under any applicable law, including UIGEA (31 U.S.C. §§ 5361-5367), the Wire Act (18 U.S.C. § 1084), or any state gambling, lottery, prize-promotion, or skill-game statute. Each Challenge is not available where paid skill-based evaluations with cash awards are prohibited or require a license Catalyst does not hold. Determining legality in your jurisdiction is your responsibility (Section 4.2). This Section 12.2(a) applies to Challenges only.

(b) Competitions. Each Competition is a contest of skill. Outcomes are determined by the accuracy of predictions and the quality of simulated trading and staking decisions against published, objective criteria, and prizes are allocated by finishing position under a published structure and tie-break. No winner is selected at random and no prize is allocated by chance. Where a Competition is free to enter, no purchase or consideration is required to enter or win, and purchasing from Catalyst does not improve any chance of winning. Participants stake only simulated, non-redeemable balances, which have no cash value and cannot be bought, deposited, redeemed, or withdrawn. No Competition is a wager, bet, stake, lottery, raffle, sweepstakes, sports betting or daily fantasy product, or gambling under any applicable law, including UIGEA and the Wire Act. Competitions are void where prohibited. Determining legality in your jurisdiction is your responsibility. If any Competition requires a purchase or other consideration to enter, Catalyst will offer a free alternate method of entry with an equal chance of winning, and no purchase will be necessary to enter or win.

12.3 Simulated performance disclaimer

12.4 Disclaimer of warranties

12.5 Limitation of liability

12.6 Force majeure

Catalyst is not liable for any failure or delay from causes beyond its reasonable control, including acts of God, natural disasters, pandemic, war, terrorism, government action, power or internet failure, or third-party service disruptions.

12.7 Testimonials and results

Catalyst may share customer results, testimonials, success stories, Competition standings, and winners' names, handles, and results in its marketing and channels. Individual results vary by skill, experience, and market conditions. All trading is simulated and does not guarantee live-market performance. Where a customer received any benefit for a testimonial, Catalyst will disclose the relationship.

12.8 Platform risk

The Platform runs over the internet on interrelated systems subject to failure. You accept that: (a) the Platform may have downtime, latency, data-feed delays, price errors, order failures, or other disruptions; (b) during unavailability you may be unable to enter, modify, or cancel trades or access data; (c) executions, order priority, and account data may be lost or corrupted; (d) Platform imperfections, including erroneous prices, create no entitlement to trades at erroneous prices and do not waive Section 7; and (e) Catalyst bears no liability for any effect of disruptions or failures on your use of the Services. You assume these risks.

13.1 Governing law

These Terms are governed by Delaware law, without regard to conflict-of-law principles.

13.2 Mandatory arbitration

Any dispute arising out of or relating to these Terms, the Platform, or the Product is resolved exclusively by binding arbitration administered by JAMS, seated in Wyandotte County, Kansas, under JAMS' Streamlined Arbitration Rules then in effect. Arbitration may be by phone, video, or in person. The award is final and binding and may be entered in any court of competent jurisdiction. If you are a consumer where mandatory pre-dispute arbitration is unenforceable (including the EEA, UK, and certain Canadian provinces), this provision does not apply and disputes are resolved in the courts of your country of residence.

13.3 Class action waiver

YOU AND CATALYST MAY BRING CLAIMS ONLY IN AN INDIVIDUAL CAPACITY, NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. If this waiver is held unenforceable as to any claim, Section 13.2 is null and void as to that claim, which proceeds in a court of competent jurisdiction in Wyandotte County, Kansas. This waiver is material and non-severable from this Section 13.3, applies to the maximum extent permitted, and its validity is decided by a court, not an arbitrator.

13.4 Jury trial waiver

13.5 Prevailing party

The prevailing party in any arbitration or proceeding relating to these Terms may recover reasonable costs and attorneys' fees.

13.6 Equitable relief

Either party may seek injunctive or equitable relief in a court of competent jurisdiction to prevent irreparable harm pending arbitration.

13.7 Delegation

The arbitrator has exclusive authority over disputes about the interpretation, applicability, enforceability, or formation of this arbitration agreement, except that the validity, enforceability, and interpretation of the Class Action Waiver (13.3) are decided by a court, not an arbitrator.

13.8 Limitations period

To the extent permitted by law, any claim arising out of or relating to these Terms, the Platform, or the Product must be brought within one (1) year after the claim arose, or it is permanently barred.

14.1 You will indemnify, defend, and hold harmless Catalyst and its officers, directors, employees, agents, affiliates, and licensors from all claims, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees) arising out of or in connection with (a) your use of the Platform or Product; (b) your violation of these Terms; (c) your violation of any law; (d) any infringement of intellectual property rights; or (e) any dispute over your payment method.

15.1 By using the Platform, you grant Catalyst a worldwide, perpetual, royalty-free license to use, reproduce, modify, analyze, distribute, and create derivative works from all trading data, pick, prediction, and entry data, standings and scoring data, activity data, and behavioral data from your use of the Platform or the Services ("Trading Data," as described in the Privacy Policy) for Catalyst's internal purposes, including product development, risk modeling, fraud prevention, platform improvement, machine learning and algorithm training, research, and business intelligence, subject to applicable privacy law and the Privacy Policy. This license survives termination. For Trading Data that is personal information, it is subject to your data-deletion rights under the Privacy Policy.

15.2 Catalyst may share Trading Data with affiliates and service providers solely for the Section 15.1 purposes, and may use de-identified or aggregated Trading Data for any lawful purpose, including licensing, provided it cannot reasonably identify any Customer.

15.3 These activities may be performed automatically without further notice or consent.

15.4 See the Privacy Policy for details.

16.1 All content, functionality, software, code, designs, text, graphics, logos, and trademarks on or associated with the Platform are the exclusive property of Catalyst or its licensors and are protected by IP laws.

16.2 You have a personal, nonexclusive, nontransferable, revocable, limited right to use the Platform and Product solely for your personal, non-commercial use of the Services under these Terms.

16.3 You may not reverse engineer, decompile, disassemble, scrape, or derive the source code, algorithms, pricing logic, data feeds, or underlying technology, or use automated means to access, monitor, or copy any content except as Catalyst authorizes in writing.

16.4 You may not reproduce, distribute, modify, create derivative works from, publicly display, or exploit any Platform content without consent.

16.5 Catalyst's name, logos, and marks are trademarks or common-law marks, some pending registration. No use is permitted without authorization.

17.1 Any feedback, suggestions, or ideas you provide about the Platform ("Feedback") become Catalyst's exclusive property. You assign to Catalyst all right, title, and interest in any Feedback, including all IP rights, without compensation.

18.1 Catalyst may operate community spaces, including Discord servers, social channels, forums, and comment sections ("Community Spaces"). User content there, including trading ideas and commentary, is the user's own and does not represent Catalyst's views or endorsement.

18.2 Catalyst does not verify or assume responsibility for user content. Participation is at your own risk, and nothing posted by a user is investment advice.

18.3 Catalyst may, but need not, monitor, edit, or remove content in Community Spaces and may set and enforce community guidelines.

18.4 By posting in any Community Space, you grant Catalyst a worldwide, perpetual, royalty-free, non-exclusive license to use, reproduce, modify, distribute, and display that content in connection with the Platform and Community Spaces.

19.1 The Platform may integrate with or rely on third-party products, services, or content. Catalyst is not responsible for and makes no warranties about them, including availability, accuracy, or security.

19.2 Your use of any third-party service is governed by that third party's terms, not these Terms.

19.3 The Platform relies on third-party market data, including Polymarket's public API. Catalyst does not guarantee the availability, accuracy, timeliness, or continuity of any third-party data and is not responsible for any data error, delay, interruption, change, or discontinuation, or for any resulting effect on simulated prices, trades, evaluations, standings, or payouts.

20.1 Catalyst may modify these Terms at any time. For material changes, Catalyst will give at least thirty (30) days' advance notice by email, in-Platform notice, or posting. Non-material changes are effective on posting. Customers who do not agree to material changes may withdraw any available wallet balance before the effective date.

20.2 Continued use after any modification is acceptance. If you do not agree, discontinue use.

21.1 You may terminate your account at any time by contacting Catalyst. No fees are refunded on termination.

21.2 Catalyst may terminate or suspend your access at any time, with or without cause, and will give notice where practicable. On termination without cause, earned, undisbursed award amounts in your wallet remain payable, subject to Section 9.

21.3 The following survive termination: Sections 1.7–1.10 (Competitions), 2 (Challenges: Evaluation and Award Structure), 3.1 (One Profile per Person), 3.9 (Account Responsibility), 7 (Prohibited Conduct), 9.7 (Payout Claim Window), 10 (Non-Disparagement), 11.6–11.14 (Rewards and Referrals), 12 (Disclaimers and Liability), 13 (Dispute Resolution), 14 (Indemnification), 15 (Data and Content Licensing), 16 (Intellectual Property), 17 (Feedback Assignment), and 18 (User-Generated Content and Community Spaces).

22.1 English language. All communications are in English. These Terms are in English, and the English version controls over any translation.

22.2 Entire agreement. These Terms, with the Privacy Policy and any referenced policies, are the entire agreement on the Platform and Product and supersede all prior agreements and representations.

22.3 Severability. If any provision is invalid or unenforceable, the rest remains in effect.

22.4 Waiver. Failure to enforce any right is not a waiver.

22.5 Assignment. You may not assign these Terms without Catalyst's consent. Catalyst may assign without restriction.

22.6 Notices. Catalyst may give notice by posting on the Platform, by email, or by other reasonable means. You must keep your contact information current.

22.7 No agency. These Terms create no partnership, joint venture, employment, franchise, or agency relationship, and you cannot bind Catalyst.

22.8 Headings. Headings are for convenience only.

22.9 Text messages (SMS/MMS). Catalyst may send you (a) service messages, including one-time verification and security codes and account and transactional alerts, which are part of the Services and which you may need to receive in order to register, verify, secure, or use your account; and (b) if you separately opt in, promotional messages. Consent to receive promotional messages is not a condition of purchasing any product or service. You must provide a valid mobile number that you own and control, and you authorize Catalyst and its messaging providers to send messages to that number for these purposes. Message frequency varies; message and data rates may apply. Reply STOP to opt out of promotional messages and HELP for help; opting out of service or security messages may prevent you from verifying or accessing your account. Carriers are not liable for delayed or undelivered messages. For how we handle mobile data, see the Privacy Policy.

22.10 Email. Catalyst may send you (a) service and transactional emails, which are part of the Services and which you may need to receive to use your account; and (b) if you opt in, marketing emails, which you may unsubscribe from at any time using the link in the email. Consent to marketing email is not a condition of purchase. Catalyst sends email in accordance with the CAN-SPAM Act and applicable law.

For questions regarding these Terms, please contact: