Terms of Service
Last updated: November 17, 2025
Please read these Terms of Service carefully before using the Icodax platform.
1. Agreement to Terms
These Terms of Service ("Terms") constitute a legally binding agreement between you and ICODAX ("Company," "we," "us," or "our") concerning your access to and use of the ICODAX platform, including our website, applications, and services (collectively, the "Platform").
By accessing or using the Platform, you agree that you have read, understood, and agree to be bound by these Terms. If you do not agree to these Terms, you must not access or use the Platform.
We reserve the right to modify these Terms at any time. We will notify you of any material changes by posting the updated Terms on the Platform and updating the "Last updated" date. Your continued use of the Platform after such changes constitutes your acceptance of the new Terms.
2. Eligibility
To use the Platform, you must:
- Be at least 18 years of age or the age of majority in your jurisdiction
- Have the legal capacity to enter into binding contracts
- Not be prohibited from using the Platform under applicable laws
- Not have been previously suspended or removed from the Platform
- Provide accurate and complete registration information
- Maintain the security of your account credentials
By using the Platform, you represent and warrant that you meet all eligibility requirements. If you do not meet these requirements, you must not access or use the Platform.
3. Account Verification
3.1 Verification Requirement
To unlock full platform features and participate in projects, all users must verify their account. Account verification costs $100 USD per year and must be renewed annually to maintain verified status.
3.2 Benefits of Verification
Verified accounts gain access to:
- Full project participation (skill contributions and financial investments)
- Enhanced voting rights on platform decisions
- Eligibility to submit and lead projects
- Increased trust score within the community
- Priority access to new project opportunities
- Higher earning potential from referral system
3.3 Account Security
You are responsible for:
- Maintaining the confidentiality of your account credentials and wallet private keys
- All activities that occur under your account
- Notifying us immediately of any unauthorized access or security breach
- Ensuring your account information remains accurate and up-to-date
- Safeguarding your USDC POL wallet address and transaction records
4. Platform Services
4.1 Collaborative Project Platform
Icodax is a decentralized resource pooling platform that enables users to contribute skills, funds, time, ideas, services, or networks to collaborative projects. Users can create projects, join existing projects, vote on project decisions, and share in project profits according to their contributions.
4.2 Contribution Types
Skill Contributions
- Users can contribute professional skills (design, development, marketing, etc.) to projects
- All skill applications are manually reviewed and verified by Moderators
- Only Pro-level skills are accepted (not beginner or intermediate)
- Maximum of 10 approved skills per user with 5 pending applications at any time
- Skill value is monetarily assessed and counts as contribution equity
Financial Contributions
- Users can pledge financial contributions to projects
- Must maintain 20% of pledged amount in account balance to qualify
- Project leads review and approve/reject financial pledges
- Approved contributors must fund full amount before project launch
- All transactions conducted in USDC POL (Polygon Network)
4.3 USDC POL Transactions
The Platform exclusively uses USDC (USD Coin) on the Polygon network for all financial transactions. You acknowledge that:
- You are responsible for obtaining and managing your USDC POL tokens
- All deposits, withdrawals, and project funding must be conducted in USDC POL
- Transaction fees (gas fees) on the Polygon network are your responsibility
- Cryptocurrency values may fluctuate
- We do not provide financial, investment, or tax advice
- You should consult with appropriate professionals before making financial decisions
5. Project Submission and Fees
5.1 Project Submission Fee
To submit a project for community review, project creators must pay a non-refundable $10 USD submission fee. This fee prevents spam submissions and ensures only serious projects are proposed. The submission fee does not guarantee project approval.
5.2 Project Requirements
All submitted projects must:
- Be submitted by a verified account holder
- Include clear project description, objectives, and timeline
- Specify funding goals and resource requirements
- Provide realistic ROI projections (maximum 3-month period)
- Demonstrate viability and community benefit
- Comply with all applicable laws and regulations
5.3 Review and Approval Process
Submitted projects undergo a multi-stage review:
- Initial Verification: Platform review of basic requirements and compliance
- Community Review: Users can view, discuss, and vote on pending projects
- Moderator Evaluation: Final review by Icodax Moderators (MODs) for approval
- Public Launch: Approved projects appear in Live Projects section for participation
6. Escrow and Refund System
6.1 Escrow Protection
All financial contributions to projects are held in secure escrow by the platform until the project officially begins. Escrow funds are managed by founding administrators to ensure contributor protection and prevent misuse of funds.
6.2 Automatic Refund Policy
If a project fails to reach its funding goal within the specified timeframe:
- All contributed funds are automatically refunded to contributors' Icodax wallets
- Refunds are processed immediately upon project closure
- No penalties or fees are charged for refunded contributions
- Refunds are issued in the same currency (USDC POL) as original contribution
- All transactions are recorded on blockchain for transparency
6.3 Withdrawal Rights
Contributors may withdraw from projects before official launch under certain conditions. Once a project officially begins, withdrawal may be subject to project-specific terms and community vote approval.
7. Points and Ranking System
7.1 Points System
Users earn points through various platform activities:
| Activity | Points |
|---|---|
| Joining a project (skill or investment) | 500 points |
| Referring a new user | 10 points |
| Referred user joins a project | 100 points |
| Verifying your account | 500 points |
| Referred user verifies account | 100 points |
7.2 User Ranks
The platform uses five rank levels based on points, activity, and registration duration:
7.3 Moderator (MOD) Status
Legend-ranked members with verified accounts who have maintained Legend status for at least 2 years may apply to become Moderators. MODs are responsible for platform governance, project review, skill verification, and community management.
8. Project Risks and Warnings
IMPORTANT: Participating in projects on Icodax involves significant risks. You should carefully consider the following before contributing:
Financial Risks:
- You may lose all or part of your financial contributions
- Projects may fail to generate revenue or profits
- There is no guarantee of return on investment
- ROI period is maximum 3 months but not guaranteed
- Market conditions may negatively impact project outcomes
- Cryptocurrency values are volatile and may decrease
- Transaction fees and gas costs may reduce returns
Project Execution Risks:
- Projects may not be completed as planned or within expected timeframes
- Project creators may abandon projects or fail to deliver promised results
- Team members may not have necessary skills or experience
- Projects may face unforeseen technical, legal, or operational challenges
- Collaborative decision-making may lead to conflicts or delays
Technology Risks:
- Smart contracts may contain bugs or vulnerabilities
- Blockchain networks may experience congestion or technical issues
- Wallet security breaches may result in loss of funds
- Platform downtime may affect ability to participate
- Polygon network disruptions may delay transactions
Regulatory and Legal Risks:
- Cryptocurrency regulations vary by jurisdiction and may change
- Projects may face legal challenges or regulatory scrutiny
- Tax implications vary by location
- You are responsible for compliance with applicable laws
⚠️ WARNING: Only contribute resources you can afford to lose. Icodax does not guarantee project success, profitability, or return of contributions. You are solely responsible for evaluating projects and making informed decisions. We strongly recommend consulting with financial, legal, and tax professionals before participating.
9. User Conduct and Prohibited Activities
You agree not to engage in any of the following prohibited activities:
- Violating any applicable laws, regulations, or third-party rights
- Posting false, misleading, or fraudulent content
- Impersonating any person or entity or misrepresenting your affiliation
- Harassing, threatening, or abusing other users
- Posting spam, advertisements, or unsolicited promotional content
- Attempting to gain unauthorized access to the Platform or other users' accounts
- Interfering with or disrupting the Platform's operation
- Using automated systems (bots, scrapers) without permission
- Engaging in market manipulation or fraudulent voting practices
- Money laundering or financing illegal activities
- Posting content that is illegal, obscene, defamatory, or infringes intellectual property rights
- Attempting to circumvent security measures or exploit vulnerabilities
Violation of these prohibitions may result in immediate termination of your account and legal action.
10. Intellectual Property Rights
10.1 Platform Content
The Platform and its content (including text, graphics, logos, images, software, and design) are owned by ICODAX and protected by intellectual property laws. You may not copy, modify, distribute, or create derivative works without our express written permission.
10.2 User Content
You retain ownership of content you post on the Platform ("User Content"). By posting User Content, you grant us a worldwide, non-exclusive, royalty-free license to use, reproduce, modify, adapt, publish, and display your User Content for the purpose of operating and promoting the Platform.
10.3 Content Responsibility
You are solely responsible for your User Content and represent that you have all necessary rights to post it. We do not endorse or guarantee the accuracy of User Content and are not liable for any User Content posted by third parties.
11. Disclaimers and Limitations
11.1 "As Is" Basis
THE PLATFORM IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, EITHER EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.
11.2 No Investment Advice
We do not provide investment, financial, legal, or tax advice. Any information on the Platform is for informational purposes only and should not be construed as professional advice. You should consult with appropriate professionals before making any decisions.
11.3 Third-Party Content
The Platform may contain links to third-party websites or services. We are not responsible for the content, accuracy, or practices of third-party sites and do not endorse them.
11.4 No Guarantee of Results
We do not guarantee that projects will be successful, profitable, or achieve their stated goals. Participation in projects involves risk, and you may lose your contributions.
12. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, ICODAX AND ITS OFFICERS, DIRECTORS, EMPLOYEES, AND AGENTS SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING BUT NOT LIMITED TO:
- Loss of profits, revenue, or data
- Loss of cryptocurrency or digital assets
- Business interruption
- Loss of goodwill or reputation
- Any other intangible losses
OUR TOTAL LIABILITY TO YOU FOR ALL CLAIMS ARISING FROM OR RELATED TO THE PLATFORM SHALL NOT EXCEED THE AMOUNT YOU PAID TO US IN THE TWELVE (12) MONTHS PRECEDING THE CLAIM, OR $100, WHICHEVER IS GREATER.
13. Indemnification
You agree to indemnify, defend, and hold harmless ICODAX and its officers, directors, employees, agents, and affiliates from and against any claims, liabilities, damages, losses, costs, or expenses (including reasonable attorneys' fees) arising from or related to:
- Your use of the Platform
- Your violation of these Terms
- Your violation of any rights of another party
- Your User Content
- Your conduct on the Platform
14. Dispute Resolution
14.1 Informal Resolution
If you have a dispute with us, you agree to first contact us at hello@icodax.com and attempt to resolve the dispute informally for at least 30 days before initiating any formal proceedings.
14.2 Arbitration
Any dispute that cannot be resolved informally shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. The arbitration shall be conducted in English and the arbitrator's decision shall be final and binding.
14.3 Class Action Waiver
You agree that any dispute resolution proceedings will be conducted only on an individual basis and not in a class, consolidated, or representative action.
15. Miscellaneous
15.1 Entire Agreement
These Terms, together with our Privacy Policy, constitute the entire agreement between you and ICODAX regarding the Platform and supersede all prior agreements.
15.2 Severability
If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions shall remain in full force and effect.
15.3 Waiver
Our failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
15.4 Assignment
You may not assign or transfer these Terms without our prior written consent. We may assign these Terms without restriction.
16. Contact Information
If you have any questions about these Terms of Service, please contact us:
Email: legal@icodax.com
Support: hello@icodax.com
Website: https://icodax.com
By using the Icodax platform, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.