TERMS OF SERVICE

Last Updated: June 2026

Welcome to https://kapexpay.com (the "Site" or "Platform"). These Terms of Service ("Terms") constitute a legally binding contract between you ("User", "you", or "your") and Kapex Pay DAO LLC ("Company", "we", "us", or "our"), a Decentralized Autonomous Organization Limited Liability Company established in the Catawba Digital Economic Zone (CDEZ), North Carolina, USA.

IMPORTANT LEGAL NOTICE: THESE TERMS CONTAIN A MANDATORY BINDING ARBITRATION CLAUSE AND A CLASS ACTION WAIVER. BY USING THIS PLATFORM, YOU AGREE TO RESOLVE ALL DISPUTES INDIVIDUALLY UNDER THE JURISDICTION OF THE CDEZ.

1. ACCEPTANCE OF TERMS AND PRE-OPERATIONAL LIMITATION

By accessing, browsing, or interacting with our website and interface, you acknowledge that you have read, understood, and agreed to be bound by these Terms. The Platform is currently in a PRE_OPERATIONAL / Audit-Only state. No real-world financial transaction capabilities, fiat conversions, or decentralized wallet routing are activated in production. The current environment serves strictly for architecture validation, ledger double-entry stress testing, and reconciliation verification.

2. ELIGIBILITY AND COMPLIANCE

To access or use the Platform, you must be at least 18 years old and possess the legal capacity to form a binding contract. You certify that you are not a citizen, resident, or entity of, or located in, any jurisdiction subject to comprehensive economic sanctions imposed by the U.S. Office of Foreign Assets Control (OFAC), the United Nations Security Council, or other applicable global authorities.

3. SEPARATION OF INTERFACE AND DECENTRALIZED PROTOCOLS

The User explicitly agrees and understands that Kapex Pay DAO LLC currently operates as a PRE_OPERATIONAL technology interface for architecture validation, ledger observation, reconciliation testing, provider readiness, and compliance evidence. No blockchain settlement, decentralized wallet routing, public mainnet execution, custody, exchange, brokerage, lending, or external funds movement is enabled in production. If and when any digital asset or blockchain-related capability is authorized in a future phase, such capability will remain subject to CDEZ guidance, provider approval, legal review, compliance controls, and a formal go-live gate.

4. MANDATORY BINDING ARBITRATION AND CLASS ACTION WAIVER

ALL DISPUTES ARISING OUT OF OR RELATING TO THESE TERMS OR THE USE OF THE PLATFORM SHALL BE RESOLVED EXCLUSIVELY THROUGH BINDING, INDIVIDUAL ARBITRATION. You and Kapex Pay DAO LLC agree to waive the right to a trial by jury. Arbitration shall be conducted strictly under the dispute resolution mechanisms and rules established by the Catawba Digital Economic Zone Authority (CDEZ) in North Carolina. YOU AGREE THAT YOU MAY BRING CLAIMS AGAINST THE COMPANY ONLY IN YOUR INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING.

5. LIMITATION OF LIABILITY AND INTELLECTUAL PROPERTY

All proprietary code, front-end assets, UI/UX designs, reconciliation algorithms, and internal data structures are the sole intellectual property of Kapex Pay DAO LLC. To the maximum extent permitted by applicable law, the Company, its founder German Carmona, and its governance participants shall not be liable for any direct, indirect, incidental, special, or consequential damages resulting from the use or inability to use the Interface.