Legal Hub · ChessVS, Inc.

Legal

Last updated: 2026-05-08 · v2.0 · Subject to change
This is the legal hub for ChessVS. The four documents below — Terms of Service, Privacy Policy, Token Disclaimer, and the Restricted Jurisdictions list — together govern your use of chessvs.club, the ChessVS game, and any interaction with the ChessVS Protocol. Each document is published separately so you can review the one most relevant to you.
00 Document Index

ChessVS is operated by ChessVS, Inc., a Delaware C-Corporation. The ChessVS Protocol is a separate, decentralised smart contract system deployed on Base L2 that ChessVS, Inc. helps build but does not control once deployed.

Important: ChessVS is currently in pre-launch phase. The Terms and Privacy Policy linked above are working versions and apply to all waitlist registrations, Discord community participation, and early-access activities. The Token Disclaimer and Restricted Jurisdictions list apply once on-chain features are live. Comprehensive, attorney-reviewed versions will be published prior to public launch and TGE.
03 Token Disclaimer

This section applies to on-chain features of the ChessVS Protocol — specifically the CVS governance token, FOCUS in-game reward, and any cards or packs implemented as on-chain assets. By interacting with any ChessVS Protocol smart contract, you agree to the terms in this section in addition to the general Terms of Service.

CVS Governance Token

CVS is a governance and utility token. It provides voting rights in protocol governance and access to in-game features including Season Pack purchases. CVS is not a security, investment contract, or financial instrument. Holding CVS does not entitle users to dividends, profits, or any share of company revenue.

FOCUS Reward Token

FOCUS is a closed-loop in-game reward earned exclusively through gameplay. It cannot be purchased with real money. FOCUS has no supported fiat off-ramp, no CVS bridge, and burns on use. Neither CVS nor FOCUS constitutes an investment in ChessVS, Inc. or any affiliate.

US Persons: US persons (as defined by SEC Rule 902(k)) are expressly prohibited from participating in any CVS token sale, presale, or TGE activities. US persons may access gameplay features only. See the Restricted Jurisdictions section below.

Packs & Cards

All card packs involve random card assignment. Published odds are available at chessvs.club/odds and encoded on-chain in BattleCard.sol. By purchasing a pack you acknowledge that: (a) odds are disclosed and independently verifiable, (b) purchasing packs does not guarantee specific cards, (c) the pity counter system guarantees Epic at pack 8 and Omega at pack 50 within a wallet's cumulative count for Grand and Season Packs, (d) pack purchase is entertainment, not gambling or investment.

FOCUS-denominated packs do not involve real money. CVS-denominated packs involve tokens with market value — users in jurisdictions where this may constitute regulated activity should not participate.

Fair Play & Anti-Cheat

Use of chess engines, manipulation of ELO rating, collusion, bot usage, and account smurfing are expressly prohibited. The protocol reserves the right to: (a) retroactively recalculate ratings and FOCUS balances for confirmed violations, (b) suspend or permanently ban wallets from economic features, (c) void tournament results where manipulation is confirmed, (d) burn FOCUS tokens minted during confirmed manipulation periods.

Users agree that the protocol's decisions on anti-cheat enforcement are final, subject only to the formal dispute resolution process outlined in the governance framework. General acceptable-use rules — including engine assistance during competitive matches, multi-accounting, account transfers, and harassment — are detailed in the Terms of Service §07.

Limitation of Liability — Token Activities

To the maximum extent permitted by law: (a) ChessVS, Inc. and the protocol Foundation are not liable for loss of token value, smart contract bugs, or blockchain network failures, (b) the protocol is provided "as is" with no warranty of uptime, performance, or token value, (c) liability is capped at the greater of $100 USD or fees paid to the protocol in the 30 days prior to the claim.

Smart contract risk: Users acknowledge that smart contracts may contain bugs or vulnerabilities. Despite audits, no contract is guaranteed bug-free. The protocol maintains a bug bounty programme — responsible disclosure is rewarded. Exploits are not. General service-level disclaimers and limitations of liability for the off-chain ChessVS service are detailed in the Terms of Service §10.

04 Restricted Jurisdictions

ChessVS gameplay is available globally. However, certain economic features — specifically CVS token purchases, Season Packs, presale participation, and TGE activities — are restricted or require additional compliance steps in certain jurisdictions. This list is maintained and updated regularly.

This list applies to CVS token activities only. Gameplay, FOCUS earning, Grand Packs, Club Packs, and Discord participation are not restricted. If your jurisdiction appears as "Restricted," you can still play chess and earn FOCUS — you cannot purchase CVS packs or participate in token sales.
Restricted
United States
US persons geo-blocked from all token sales at launch. FTC loot box guidance pending. No US CVS pack sales until legal clarity obtained.
Restricted
Belgium
Belgian Gaming Commission classifies certain loot box mechanics as gambling. CVS packs geo-blocked for Belgian users.
Restricted
Netherlands
Dutch KSA loot box regulations apply to packs with real-money value. CVS packs restricted pending further legal review.
Restricted — OFAC
North Korea
OFAC sanctioned. All token activities prohibited. Gameplay access subject to further review.
Restricted — OFAC
Iran
OFAC sanctioned. All token activities prohibited.
Restricted — OFAC
Syria
OFAC sanctioned. All token activities prohibited.
Restricted — OFAC
Cuba
OFAC sanctioned. All token activities prohibited.
Partial — Review Pending
China
Crypto token trading restricted under PRC regulations. Gameplay accessible. CVS activities subject to ongoing legal review.
Partial — KYC Required
United Kingdom
FCA crypto asset registration requirements apply. CVS pack purchases require enhanced KYC above threshold values. Gameplay unrestricted.
Permitted
European Union
MiCA-compliant. Belgium and Netherlands restricted (see above). All other EU member states permitted subject to standard KYC.
Permitted
Singapore
MAS Digital Payment Token framework applies. Standard KYC required for CVS activities above threshold.
Permitted
UAE
DIFC / ADGM virtual asset framework. Permitted with standard compliance.
All wallet addresses interacting with presale, TGE, and withdrawal functions are screened against the OFAC SDN list, EU sanctions list, and UN consolidated sanctions list at time of interaction. Flagged wallets are blocked from all economic functions. Existing gameplay progress is not retroactively voided on sanctions flag.

This list is updated as regulatory guidance evolves. Last reviewed: May 2026. For questions about your jurisdiction, contact legal@chessvs.club.

ChessVS, Inc. · Delaware C-Corp · legal@chessvs.club · Last updated 2026-05-08