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EngageX Labs Terms and Conditions

Effective Date: February 25, 2025

Welcome to EngageX Labs ("we," "our," or "us"). These Terms and Conditions ("Terms") govern your access to and use of our decentralized influencer marketing platform ("Platform"), including the EngageX Nexus dashboard, Quest campaigns, StakeBoost, LiquidBoost, and any related services. By accessing or using the Platform, you agree to be bound by these Terms. If you do not agree, please do not use the Platform.

1. Acceptance of Terms

These Terms constitute a legally binding agreement between you and EngageX Labs. By creating an account, participating in campaigns, or otherwise engaging with the Platform, you acknowledge that you have read, understood, and accepted these Terms, along with our Privacy Policy and any other policies referenced herein.

We may update these Terms from time to time. We will notify you of any material changes by posting the updated Terms on our website or through other communication channels. Your continued use of the Platform after such changes constitutes acceptance of the revised Terms.

2. Eligibility

To use the Platform, you must:

  • Be at least 18 years old or the age of majority in your jurisdiction.
  • Have the legal capacity to enter into a binding agreement.
  • Not be restricted from using the Platform under applicable laws or regulations.

You are responsible for ensuring your use of the Platform complies with all local, state, national, and international laws applicable to you.

3. Account Creation and Security

3.1 Account Registration

To access certain features of the Platform, you must create an account via the EngageX Nexus. You agree to:

  • Provide accurate, current, and complete information during registration.
  • Maintain the security of your account credentials (e.g., wallet private keys, passwords).
  • Notify us immediately of any unauthorized access to your account.

You are solely responsible for all activities conducted through your account.

3.2 Wallet and Blockchain Integration

The Platform integrates with blockchain wallets (e.g., on BASE, Ethereum). You are responsible for:

  • Safeguarding your wallet's private keys and recovery phrases.
  • Ensuring the security of your blockchain transactions.

EngageX Labs does not store or have access to your private keys and cannot recover lost or stolen funds.

4. Participation in the EngageX Ecosystem

4.1 Quest Campaigns and Promotions

For Brands:

  • Campaign Creation: Brands may create campaigns or promotions by providing necessary details (e.g., title, description, budget) and depositing the specified ad budget into the smart contract.
  • Budget Management: Campaigns continue until the ad budget is depleted. Brands may replenish the budget or start new campaigns.
  • Content Review: Brands may dispute submission grades if they believe the AI sentiment analysis (Klout) misjudged a submission. Disputes are reviewed by the Curating Committee.

For Users (Influencers/Participants):

  • Submission Process: Users may participate in campaigns by creating and submitting content (e.g., posts on X) that meets the campaign's requirements.
  • Grading and Rewards: Submissions are graded by Klout based on sentiment analysis. Rewards are calculated based on engagement metrics and the user's Nexus rank.
  • Disputes: Users may dispute grades they believe are inaccurate. Valid disputes are reviewed by the Curating Committee.

4.2 StakeBoost and LiquidBoost

  • Staking: Users may stake ENGX tokens or ENGX:ETH LP tokens to earn rewards and Aura Points.
  • Curator Responsibilities: To claim rewards, stakers must actively participate as curators, moderating the platform and training the AI agent, Klout.
  • No Lockups: Staking is dynamic with no lockup periods, but rewards are contingent on active participation.

4.3 Aura Points and Nexus Ranking

  • Earning Aura Points: Users earn Aura Points through staking, participating in campaigns, and referrals.
  • Ranking System: Aura Points determine your Nexus rank, which affects your Rate Per Engagement (RPE) in campaigns.
  • Referrals: Users earn 8% of the Aura Points accumulated by their referrals. Abuse of the referral system (e.g., using bots) will result in blacklisting.

5. ENGX Token and Financial Transactions

5.1 Utility of ENGX Token

The ENGX token is a utility token used within the EngageX ecosystem for:

  • Paying fees for campaigns and promotions (with discounts).
  • Subscribing to premium features.
  • Staking in StakeBoost and LiquidBoost.
  • Governance in the future DAO.

ENGX is not a security, equity, or financial investment. Its value is derived solely from its utility within the ecosystem.

5.2 Token Sales and Airdrops

  • Private and Public Sales: Participation is subject to eligibility criteria and jurisdictional restrictions (e.g., exclusion of certain countries).
  • Airdrops: Early supporters and active participants may receive airdrops based on Aura Points earned.

5.3 Tax and Fees

  • Transaction Tax: A 5% tax is applied to buy and sell transactions on DEXs, allocated to various funds (e.g., StakeBoost, LiquidBoost, Treasury, Marketing).
  • Quest Fees: A portion of campaign budgets may be allocated to platform fees.

6. Intellectual Property

6.1 Ownership

  • Platform Content: All content, trademarks, logos, and intellectual property on the Platform are owned by EngageX Labs or its licensors.
  • User-Generated Content: By submitting content (e.g., campaign submissions), you grant EngageX Labs a non-exclusive, worldwide, royalty-free license to use, display, and distribute such content for Platform purposes.

6.2 Restrictions

You may not:

  • Copy, modify, or distribute Platform content without permission.
  • Use EngageX Labs' trademarks or logos without prior written consent.

7. User Conduct and Prohibited Activities

You agree not to:

  • Engage in fraudulent activities, including manipulating engagement metrics or abusing the referral system.
  • Submit content that is unlawful, defamatory, obscene, or violates third-party rights.
  • Use bots, scripts, or automated tools to interact with the Platform without authorization.
  • Attempt to reverse-engineer, hack, or disrupt the Platform's operations.

Violations may result in account suspension, blacklisting, or legal action.

8. Dispute Resolution and Curating Committee

8.1 Submission Disputes

  • User Disputes: If you believe your submission was misgraded, you may file a dispute for review by the Curating Committee.
  • Brand Disputes: Brands may dispute submissions they believe were incorrectly graded.

8.2 Curating Committee

  • Comprised of StakeBoost and LiquidBoost participants.
  • Responsible for reviewing disputes, rating non-text submissions, and training Klout.
  • Misconduct by curators can be reported, potentially reducing their rewards.

9. Limitation of Liability

To the maximum extent permitted by law, EngageX Labs shall not be liable for:

  • Any indirect, incidental, or consequential damages arising from your use of the Platform.
  • Losses due to blockchain network failures, smart contract vulnerabilities, or wallet security breaches.
  • Inaccuracies in sentiment analysis or grading by Klout.

You acknowledge that blockchain technology and decentralized systems carry inherent risks, and you assume full responsibility for your participation.

10. Indemnification

You agree to indemnify and hold harmless EngageX Labs, its affiliates, and their respective officers, directors, employees, and agents from any claims, damages, or liabilities arising from:

  • Your violation of these Terms.
  • Your use of the Platform.
  • Any content you submit or actions you take on the Platform.

11. Governing Law and Jurisdiction

Due to the decentralized and global nature of the EngageX platform, these Terms shall be governed by and construed in accordance with the laws of Singapore, a jurisdiction recognized for its progressive approach to blockchain technology and decentralized systems.

Any disputes arising from or relating to these Terms or your use of the Platform shall be resolved through binding arbitration in Singapore, in accordance with the rules of the Singapore International Arbitration Centre (SIAC). Arbitration is chosen as a flexible and internationally recognized method for resolving disputes in a manner that respects the global and decentralized characteristics of the Platform.

By using the Platform, you agree to submit to the jurisdiction of Singapore for the purposes of arbitration and acknowledge that this choice of law and arbitration body provides a clear and neutral legal framework for all users, regardless of their location.

EngageX Labs reserves the right to update the governing law or arbitration body as the project evolves, in response to changes in the regulatory environment or operational needs. Any such changes will be communicated to users through updates to these Terms.

12. Termination

We reserve the right to suspend or terminate your access to the Platform at any time, for any reason, including but not limited to violations of these Terms. Upon termination, your right to use the Platform ceases immediately.

13. Miscellaneous

  • Severability: If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force.
  • Waiver: Failure to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision.
  • Entire Agreement: These Terms, together with the Privacy Policy and any other referenced policies, constitute the entire agreement between you and EngageX Labs.

Contact Us

For questions or concerns regarding these Terms, please contact us at: