Terms of Service

1. Definitions and Interpretation

• “Company,” “we,” “us,” or “our” refers to the sole proprietor owner and operator of ProlegoPH.
• “Service” means the ProlegoPH prediction market platform, including the website, WebSocket feeds, APIs, and all related services.
• “User,” “you,” or “your” means any person who accesses or uses the Service.
• “Credits” means the virtual units of value held in your account that may be used to participate in prediction markets on the Service.
• “Prediction” or “Bet” means the act of committing Credits to a YES or NO outcome on a market.
• “Market” means a prediction market listing a question with a binary (YES/NO) outcome.

2. Acceptance of Terms and Electronic Consent

By registering an account, clicking “Create account,” or otherwise accessing the Service, you represent and warrant that:

• You are at least eighteen (18) years of age and have full legal capacity to enter into a binding contract under the laws of the Republic of the Philippines.
• You have read, understood, and voluntarily agree to be bound by these Terms of Service, our Privacy Policy, and any additional guidelines or rules posted on the Service.
• Your use of the Service does not violate any law, regulation, or ordinance applicable to you, including but not limited to Philippine Presidential Decree No. 1602 (as amended by Republic Act No. 9287) and other relevant gaming or anti-gambling statutes in your jurisdiction.
• Pursuant to Republic Act No. 8792 (the Electronic Commerce Act of 2000), you consent to the formation of a valid and enforceable electronic contract. Your electronic acceptance of these Terms shall have the same legal effect as a physical signature.

3. Nature of the Service — NOT Gambling

ProlegoPH is a prediction market platform, not a gambling or betting service. The Service facilitates peer-to-peer predictions on future events. Users trade outcomes based on their analysis, knowledge, and judgment. The Service is designed as a forecasting and information aggregation tool. Nothing in these Terms shall be construed as an admission that the Service constitutes gambling, gaming, or betting as defined under Philippine law.

You acknowledge that prediction markets involve substantial risk and uncertainty. There is no guarantee that any prediction will result in a profit. THE VALUE OF CREDITS COMMITTED TO ANY MARKET MAY BE PARTIALLY OR COMPLETELY LOST.

4. Credits and Payments

4.1 Nature of Credits

Credits are virtual units usable solely within the ProlegoPH platform to participate in prediction markets. Credits do not constitute legal tender, currency, securities, stored value, or any financial instrument recognized under Philippine law. Credits are not insured by the Philippine Deposit Insurance Corporation (PDIC) or any other governmental agency.

4.2 Non-Refundability

ALL CREDITS PURCHASED, DEPOSITED, OR OTHERWISE ACQUIRED ARE STRICTLY NON-REFUNDABLE. ONCE CREDITS ARE ADDED TO YOUR ACCOUNT, WHETHER THROUGH PURCHASE, PROMOTIONAL GRANT, OR ADMINISTRATIVE ACTION, THEY CANNOT BE EXCHANGED FOR CASH, REVERSED, OR WITHDRAWN UNDER ANY CIRCUMSTANCES, INCLUDING BUT NOT LIMITED TO ACCOUNT CLOSURE, SERVICE DISCONTINUATION, DISSATISFACTION, OR DISPUTE.

By using Credits to place predictions, you accept that you may lose all Credits committed. The Company shall not be obligated to refund, replace, or compensate you for any Credits lost through market participation, administrative action, technical error, or any other cause.

4.3 Administrative Adjustments

The Company reserves the absolute and sole right to adjust, deduct, revoke, or add Credits to any account at any time, with or without notice, and for any reason or no reason, including but not limited to suspected fraud, abuse, system errors, market manipulation, or violation of these Terms. You waive any claim or cause of action arising from any such adjustment.

5. Market Resolution

The Company, in its sole and absolute discretion, shall determine the outcome of each prediction market. The Company's resolution decision is final and binding. You expressly waive any right to challenge, appeal, or dispute any market resolution, whether through internal review or in any court, tribunal, or arbitral body. The Company shall not be liable for any loss arising from a resolution decision, even if later proven to be factually incorrect.

The Company may delay, cancel, void, or re-resolve any market at any time, in its sole discretion. In the event a market is voided or cancelled, the Company may, but is not obligated to, return Credits to participants. You waive any entitlement to interest, damages, or compensation arising from any delay or cancellation.

6. Prohibited Conduct

You agree NOT to:

• Create or use multiple accounts, or share your account credentials with any other person.
• Use bots, scripts, automated tools, or any form of automation to place predictions.
• Manipulate or attempt to manipulate market prices, including through coordinated trading, wash trading, or any form of market abuse.
• Exploit bugs, glitches, or errors in the Service for any purpose. You must promptly report any such issues to the Company.
• Use the Service for money laundering, terrorist financing, or any illegal purpose.
• Engage in harassment, threats, or abusive behavior toward other users or the Company.
• Reverse engineer, decompile, or attempt to extract the source code of the Service.
• Use the Service if you are located in a jurisdiction where prediction markets are prohibited.

Violation of this section shall result in immediate termination of your account and forfeiture of all Credits therein, without compensation, in addition to any other remedies available to the Company.

7. Account Termination

The Company reserves the right, in its sole and absolute discretion and without prior notice, to suspend, terminate, or restrict your access to the Service, in whole or in part, for any reason or for no reason, including but not limited to violation of these Terms, suspected illegal activity, or extended inactivity. Upon termination, any and all Credits remaining in your account shall be forfeited to the Company, and you shall not be entitled to any compensation, refund, or reimbursement whatsoever.

8. DISCLAIMER OF WARRANTIES — SERVICE PROVIDED “AS IS”

TO THE MAXIMUM EXTENT PERMITTED BY PHILIPPINE LAW, INCLUDING BUT NOT LIMITED TO THE CIVIL CODE OF THE PHILIPPINES (REPUBLIC ACT NO. 386) AND THE CONSUMER ACT OF THE PHILIPPINES (REPUBLIC ACT NO. 7394):

• THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS, WITH ALL FAULTS AND WITHOUT ANY WARRANTY OF ANY KIND, EXPRESS OR IMPLIED.
• THE COMPANY EXPRESSLY DISCLAIMS ALL WARRANTIES, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE, INCLUDING BUT NOT LIMITED TO THE IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, NON-INFRINGEMENT, ACCURACY, RELIABILITY, AND ANY WARRANTIES ARISING FROM COURSE OF DEALING, COURSE OF PERFORMANCE, OR USAGE OF TRADE.
• THE COMPANY DOES NOT WARRANT THAT THE SERVICE WILL BE UNINTERRUPTED, ERROR-FREE, SECURE, OR FREE FROM VIRUSES OR OTHER HARMFUL COMPONENTS.
• THE COMPANY DOES NOT WARRANT THE ACCURACY, COMPLETENESS, OR TIMELINESS OF ANY MARKET DATA, PRICE FEEDS, PROBABILITY CALCULATIONS, OR RESOLUTION OUTCOMES.
• ANY RELIANCE YOU PLACE ON THE SERVICE, ITS DATA, OR ITS OUTCOMES IS STRICTLY AT YOUR OWN RISK.

9. LIMITATION OF LIABILITY

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, INCLUDING ARTICLE 1170 AND RELATED PROVISIONS OF THE CIVIL CODE OF THE PHILIPPINES:

• NO LIABILITY FOR DAMAGES. THE COMPANY, ITS OWNER, OFFICERS, EMPLOYEES, AGENTS, AFFILIATES, SUCCESSORS, AND ASSIGNS (COLLECTIVELY, THE “RELEASED PARTIES”) SHALL NOT BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING BUT NOT LIMITED TO LOSS OF PROFITS, LOSS OF REVENUE, LOSS OF DATA, LOSS OF GOODWILL, BUSINESS INTERRUPTION, OR PERSONAL INJURY, ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OR INABILITY TO USE THE SERVICE, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), STRICT LIABILITY, STATUTE, OR ANY OTHER LEGAL THEORY, EVEN IF THE RELEASED PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES.
• MONETARY CAP. IN NO EVENT SHALL THE AGGREGATE LIABILITY OF THE RELEASED PARTIES FOR ANY CLAIM ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS EXCEED THE TOTAL AMOUNT OF FEES YOU HAVE PAID TO THE COMPANY IN THE SIX (6) MONTHS IMMEDIATELY PRECEDING THE EVENT GIVING RISE TO THE CLAIM, OR ONE THOUSAND PHILIPPINE PESOS (₱1,000.00), WHICHEVER IS GREATER.
• ADEQUATE CONSIDERATION. YOU ACKNOWLEDGE AND AGREE THAT (A) THE LIMITATIONS OF LIABILITY SET FORTH IN THIS SECTION REFLECT A FAIR AND REASONABLE ALLOCATION OF RISK BETWEEN THE PARTIES, (B) THE COMPANY WOULD NOT OFFER THE SERVICE ABSENT SUCH LIMITATIONS, AND (C) YOU HAVE HAD THE OPPORTUNITY TO CONSULT INDEPENDENT LEGAL COUNSEL BEFORE ACCEPTING THESE TERMS. YOU FURTHER ACKNOWLEDGE THAT THE COMPANY IS A SMALL, SOLELY-OWNED ENTERPRISE WITH LIMITED FINANCIAL RESOURCES, AND THAT THESE LIMITATIONS ARE PROPORTIONATE TO THE NATURE AND SCALE OF THE SERVICE OFFERED.
• FORCE MAJEURE. THE RELEASED PARTIES SHALL NOT BE LIABLE FOR ANY FAILURE OR DELAY IN PERFORMANCE DUE TO CAUSES BEYOND THEIR REASONABLE CONTROL, INCLUDING BUT NOT LIMITED TO ACTS OF GOD, NATURAL DISASTERS, PANDEMICS, WAR, TERRORISM, RIOTS, EMBARGOES, GOVERNMENTAL ACTS, INTERNET OUTAGES, POWER FAILURES, OR CYBER ATTACKS.
• ESSENTIAL BASIS. YOU ACKNOWLEDGE AND AGREE THAT THE LIMITATIONS OF LIABILITY SET FORTH IN THIS SECTION ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN YOU AND THE COMPANY, AND THAT THE SERVICE WOULD NOT BE PROVIDED ABSENT SUCH LIMITATIONS.
• DATA PRIVACY EXCEPTION. NOTHING IN THIS SECTION SHALL LIMIT THE COMPANY’S LIABILITY FOR VIOLATIONS OF REPUBLIC ACT NO. 10173 (THE DATA PRIVACY ACT OF 2012) OR ITS IMPLEMENTING RULES AND REGULATIONS, TO THE EXTENT THAT SUCH LIABILITY CANNOT BE LAWFULLY LIMITED UNDER APPLICABLE LAW. THIS EXCEPTION SHALL NOT BE CONSTRUED TO REVIVE OR CREATE ANY OTHER LIABILITY OTHERWISE DISCLAIMED OR LIMITED HEREIN.

10. Indemnification

You agree to indemnify, defend, and hold harmless the Released Parties from and against any and all claims, demands, actions, suits, proceedings, liabilities, damages, losses, costs, and expenses (including reasonable attorneys' fees and court costs) arising out of or in connection with:

• Your use of or access to the Service.
• Your violation of any provision of these Terms.
• Your violation of any applicable law, regulation, or third-party right.
• Any dispute between you and another user of the Service.
• Any fraudulent, misleading, or deceptive act or omission by you.

The Company reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification by you. You shall not settle any claim without the Company's prior written consent.

11. Dispute Resolution — Binding Arbitration and Class Action Waiver

PLEASE READ THIS SECTION CAREFULLY. IT AFFECTS YOUR LEGAL RIGHTS.

11.1 Good Faith Negotiation

Before initiating any formal dispute resolution, you agree to first contact us at [email protected] and attempt to resolve the dispute informally for a period of at least thirty (30) days.

11.2 Binding Arbitration

ANY DISPUTE, CONTROVERSY, OR CLAIM ARISING OUT OF OR RELATING TO THESE TERMS, THE SERVICE, OR YOUR RELATIONSHIP WITH THE COMPANY THAT CANNOT BE RESOLVED INFORMALLY SHALL BE FINALLY SETTLED BY BINDING ARBITRATION ADMINISTERED IN ACCORDANCE WITH REPUBLIC ACT NO. 876 (THE ARBITRATION LAW OF THE PHILIPPINES) OR REPUBLIC ACT NO. 9285 (THE ALTERNATIVE DISPUTE RESOLUTION ACT OF 2004), AS APPLICABLE.

The arbitration shall be conducted:

• By a single arbitrator mutually agreed upon by the parties, or failing agreement, appointed by the Philippine Dispute Resolution Center, Inc. (PDRCI).
• In the English language.
• At a venue within [Owner's City/Province], Philippines, as designated solely by the Company.
• The arbitrator's award shall be final and binding, and judgment may be entered in any court of competent jurisdiction.

11.3 WAIVER OF CLASS ACTION AND JURY TRIAL

YOU EXPRESSLY AND IRREVOCABLY WAIVE ANY RIGHT TO:

• BRING OR PARTICIPATE IN A CLASS ACTION, COLLECTIVE ACTION, OR REPRESENTATIVE PROCEEDING AGAINST THE COMPANY.
• A TRIAL BY JURY IN ANY PROCEEDING.
• CONSOLIDATE OR JOIN YOUR CLAIM WITH THOSE OF OTHER PERSONS.

All claims must be brought in your individual capacity only. The arbitrator shall not have authority to hear class or consolidated claims.

11.4 Governing Law and Exclusive Venue

These Terms shall be governed by and construed in accordance with the laws of the Republic of the Philippines, without giving effect to principles of conflict of laws. To the extent any dispute is not subject to arbitration under applicable law, you irrevocably submit to the exclusive jurisdiction of the courts located in [Owner's City/Province], Philippines, and waive any objection to venue or forum non conveniens.

11.5 Limitation Period

ANY CLAIM OR CAUSE OF ACTION ARISING OUT OF OR RELATING TO THE SERVICE OR THESE TERMS MUST BE COMMENCED WITHIN ONE (1) YEAR FROM THE DATE THE CLAIM ACCRUES. AFTER SUCH PERIOD, THE CLAIM SHALL BE PERMANENTLY BARRED.

12. Intellectual Property

The Service, including its design, layout, source code, algorithms, graphics, logos, trademarks, and all other content, is the exclusive intellectual property of the Company and is protected by Republic Act No. 8293 (the Intellectual Property Code of the Philippines) and applicable international treaties. You are granted a limited, non-exclusive, non-transferable, revocable license to access and use the Service solely for its intended purpose. Nothing in these Terms transfers any intellectual property rights to you.

13. Modification of Terms

The Company reserves the right, in its sole discretion, to modify, amend, or replace these Terms at any time and without prior notice to you. The most current version will be posted on this page with an updated “Last updated” date. YOUR CONTINUED USE OF THE SERVICE AFTER ANY MODIFICATION CONSTITUTES YOUR UNCONDITIONAL ACCEPTANCE OF THE REVISED TERMS. It is your sole responsibility to review these Terms periodically. If you do not agree to any modification, your only remedy is to immediately cease using the Service and close your account.

14. Not Financial Advice

Nothing on the Service constitutes financial, investment, legal, or tax advice. Market prices, probabilities, and outcomes displayed on the Service are for informational and entertainment purposes only. You should consult a qualified professional before making any financial decisions. The Company is not a registered investment adviser, broker, or dealer under Philippine Securities and Exchange Commission (SEC) regulations.

15. Severability

If any provision of these Terms is held to be invalid, illegal, or unenforceable by a court or arbitrator of competent jurisdiction, that provision shall be modified to the minimum extent necessary to make it enforceable, or severed if modification is not possible, and the remaining provisions shall continue in full force and effect. The failure of the Company to enforce any right or provision shall not constitute a waiver of such right or provision.

16. Entire Agreement

These Terms, together with our Privacy Policy and any additional rules posted on the Service, constitute the entire agreement between you and the Company concerning the Service and supersede all prior and contemporaneous agreements, understandings, representations, and warranties, whether oral or written.

17. Contact

For questions about these Terms, you may contact us at:

Email: [email protected]