Legal Agreement

Terms of Service

Last Updated: January 2025

Important Legal Notice

By accessing this platform, you acknowledge that you understand the distinction between the BETH utility token (used for collateral) and interests in Bethereum Private Credit Fund I, LP (which are securities offered under Regulation D, Rule 506(b)).

1Acceptance of Terms

By accessing or using the Bethereum platform ("Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you may not access or use the Platform.

These Terms constitute a legally binding agreement between you and Bethereum and its affiliates.

2Platform Description

The Bethereum Platform is a hybrid seed capital system consisting of three distinct layers:

Layer 1: BETH Utility Token

A fixed-supply utility token used ONLY as collateral within the platform. BETH is NOT a security, provides NO yield, and carries NO profit expectation.

Layer 2: Private Credit Fund

Interests in Bethereum Private Credit Fund I, LP are securities offered under Regulation D, Rule 506(b) to accredited investors only.

Layer 3: Borrower Credit Facility

Users may pledge BETH tokens as collateral to access credit facilities. Borrowers PAY interest; they do not receive investment returns.

3Eligibility Requirements

Platform Access:

You must be at least 18 years old
You must not be located in a restricted jurisdiction
You must complete identity verification (KYC)

Fund Investment (Securities):

Only accredited investors as defined by SEC Rule 501 may invest
Minimum investment: $50,000
Must have pre-existing substantive relationship with issuer
Must execute subscription agreement and PPM acknowledgment

4BETH Utility Token

LEGAL DISCLAIMER

BETH is a UTILITY TOKEN, NOT A SECURITY. BETH provides NO yield, NO dividends, NO profit sharing, and NO expectation of profit. BETH is used solely as collateral to access credit facilities on the Platform.

Total Supply: 1,000,000,000,000 (1 Trillion) BETH
Fixed supply - no additional minting
Used for collateral pledging only
No guarantee of value or liquidity

5Credit Facility Terms

Borrowers who pledge BETH as collateral agree to:

Maximum Loan-to-Value (LTV): 75%
Liquidation threshold: 85% LTV
Interest rates: 6-10% APR depending on tier
Origination fee: 2% of loan amount
Automatic liquidation if LTV exceeds threshold
Collateral may be seized upon default

6Risk Disclosure

YOU ACKNOWLEDGE AND ACCEPT THE FOLLOWING RISKS:

Loss of Capital: You may lose your entire investment or collateral
Volatility: Digital asset values can fluctuate dramatically
Liquidation: Your collateral may be liquidated without notice
Regulatory Risk: Laws and regulations may change
Smart Contract Risk: Bugs or vulnerabilities may exist
No Guarantee: Returns are not guaranteed

7Prohibited Activities

You agree NOT to:

Use the Platform for money laundering or terrorist financing
Provide false identity or verification documents
Manipulate markets or engage in wash trading
Access the Platform from restricted jurisdictions
Attempt to circumvent security measures
Use automated bots without authorization

8Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, BETHEREUM AND ITS AFFILIATES SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING LOSS OF PROFITS, DATA, OR GOODWILL.

OUR TOTAL LIABILITY SHALL NOT EXCEED THE GREATER OF (A) THE AMOUNT YOU PAID TO USE THE PLATFORM IN THE PAST 12 MONTHS, OR (B) $100.

9Governing Law & Disputes

These Terms shall be governed by the laws of the State of Delaware, without regard to conflict of law principles.

Any disputes shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association.

10Contact Information

For questions about these Terms, please contact:

legal@bethereum.io

By using the Platform, you agree to these Terms