Effective Date: February 10, 2026
This summary is provided for convenience only and does not replace the full Agreement below. In the event of any conflict between this summary and the full Agreement, the full Agreement controls.
Vanta Trading Challenge is an evaluation program that allows you to participate in simulated trading activities on a decentralized network called Subnet 8. You trade using simulated assets—not real money or cryptocurrency—so you never risk your own capital. The Challenge evaluates your trading ability; it does not involve providing services for compensation.
Please read these notices carefully before using the Platform:
By clicking "Confirm Payment and Begin Evaluation," registering an account, paying the Challenge Entry Fee, or using the Service, you acknowledge and agree that:
For EU and UK persons: I expressly request Vanta to start providing the Challenge immediately, before the end of the 14-day withdrawal period. I acknowledge that this may cause me to lose my statutory right to withdraw once performance begins (for digital content), and that for services I lose the right to withdraw once the services are fully performed; if I withdraw after performance begins, I may be required to pay a proportionate amount for what has been provided. I expressly request immediate access to the Challenge and acknowledge that once my Challenge Account is opened, I lose any statutory right to withdraw or receive a refund.
These Terms of Service (this "Agreement") constitute a legally binding agreement between you ("Participant," "you," or "your") and Taoshi VT Services, a Cayman Islands exempted company with limited liability ("Vanta"), governing your access to and use of the Vanta Trading Challenge platform and your participation in the Challenge (collectively, the "Service"). By accessing or using the Service, registering an account, clicking "I Accept," or otherwise indicating your acceptance, you acknowledge that you have read, understood, and agree to be bound by this Agreement in its entirety, and you represent and warrant that you have the legal capacity and authority to enter into this Agreement.
If you do not agree to all of the terms and conditions of this Agreement, you must not access or use the Service.
Please note: There is a binding arbitration and class action waiver in Section 20.
For purposes of this Agreement, the following terms shall have the meanings set forth below:
Vanta Trading Challenge provides an evaluation platform that enables you to participate in simulated trading activities on Subnet 8, a decentralized network. The Challenge is an evaluation program designed to assess your trading ability using Simulated Assets. You pay a Challenge Entry Fee for access, participate in Challenge Trading Activities, and your performance is measured against the criteria published in the Challenge Rules. You never deposit, stake, or risk your own capital. The Challenge does not involve performing services for Vanta and you do not receive any compensation during the Challenge.
Through the Platform, Vanta: provides the user interface for registration and participation in Challenge Trading Activities; processes Challenge Entry Fees through the Payment Processor; facilitates your registration on the Network; evaluates your Challenge Trading Activities against the criteria set forth in the Challenge Rules; determines Pass/Fail outcomes and validates results; and provides support and maintains the Platform.
It is important to understand the distinction between the Platform and the Network. The Platform (Vanta Trading UI) is a centralized service operated by Vanta. The Network (Subnet 8) is a separate, decentralized system operated by independent Validators over which Vanta has no control, ownership, or operational authority. While Vanta facilitates your participation on the Network and has a business relationship with the Network ecosystem, Vanta does not operate, control, or validate transactions on the Network. Issues arising from the Network itself are outside Vanta's control and responsibility.
This Agreement does not create a fiduciary relationship. Vanta does not owe fiduciary duties to Participants beyond the obligations expressly stated in this Agreement.
To use the Service, you represent and warrant that you: are at least eighteen (18) years of age or the age of legal majority in your jurisdiction, whichever is greater; have the legal capacity to enter into this Agreement; are not located in, a citizen of, or resident of any Prohibited Jurisdiction; are not identified on any Sanctions List; are not acting on behalf of any person or entity on a Sanctions List or located in a Prohibited Jurisdiction; are not prohibited from using the Service under Applicable Law; have not previously been suspended or terminated from the Service; and will provide accurate and complete information during registration and maintain its accuracy.
Vanta may require identity verification at any time for compliance, anti-fraud, or account-limit purposes. You agree to provide accurate information, cooperate with verification requests, and update information as needed. Vanta may refuse registration, or suspend or terminate accounts, if verification cannot be completed satisfactorily, if information is inaccurate, or if continued service would violate Applicable Law. Full KYC verification, payment onboarding (including Stripe Connect), and additional compliance procedures may be required only if you are invited to the Network Trader Program. To help Vanta associate multiple Challenge Accounts with a single verified identity and apply account limits, you should use the same email address for all Challenge Accounts you want Vanta to consider together; otherwise, Vanta may be unable to associate them.
You are solely responsible for maintaining the confidentiality and security of your account credentials, including passwords and two-factor authentication. You must use strong, unique passwords and immediately notify Vanta of any unauthorized access. You are responsible for all activities under your account, and Vanta is not liable for Losses arising from unauthorized account access.
By using the Service, you represent, warrant, and covenant that: all information you provide is accurate, complete, current, and not misleading; you are using the Service for your own account and not on behalf of any undisclosed third party; your use of the Service does not violate any Applicable Law, Sanctions, or third-party rights; you have sufficient knowledge and experience to understand the Service and the risks described herein; you are not relying on any statement or representation by Vanta other than those in this Agreement; you understand that the Challenge is an evaluation program with no compensation, payouts, or prizes; you understand that passing the Challenge does not guarantee an invitation to the Network Trader Program; the funds used to pay the Challenge Entry Fee are from legitimate sources and are not proceeds of illegal activity; you have not been convicted of any financial crime, fraud, or money laundering offense; you are not a politically exposed person ("PEP") or, if you are, you have disclosed such status to Vanta; and you will not use the Service or participate in Challenge Trading Activities related to any MNPI while in possession of MNPI.
To access the Challenge and be registered on the Network, you must pay the Challenge Entry Fee displayed at the time of purchase. Different Tiers and Asset Classes may be offered at different price points as shown in the Offer Terms. This fee covers your access to the Challenge and the costs associated with registering you on the Network. Vanta reserves the right to modify the Challenge Entry Fee upon notice; any changes apply only to future purchases. Each Challenge purchase/attempt (including each additional Challenge Account or additional attempt) requires payment of a separate Challenge Entry Fee.
All Challenge Entry Fees are processed by Stripe, Inc. (the "Payment Processor"). By making a payment, you agree to be bound by Stripe's terms of service, acceptable use policy, and privacy policy, which are incorporated herein by reference. You represent that you are authorized to use the payment method provided and that all payment information is accurate. Vanta is not responsible for any errors, delays, declines, fraud, or other issues arising from the Payment Processor's services or your payment method.
You may cancel your registration for a Challenge purchase/attempt and receive a full refund of the applicable Challenge Entry Fee, provided that your Network registration has not yet been approved and your Challenge Account opened. To request cancellation, contact Vanta at the email address provided below. Once your Network registration has been processed (which Vanta will confirm via email), the applicable Challenge Entry Fee becomes non-refundable, except as required by Applicable Law or payment-network rules.
If you are a consumer located in the United Kingdom or European Union, you may have a statutory right to withdraw from this Agreement within fourteen (14) days of purchase under applicable consumer protection laws. By purchasing a Challenge, you expressly request and consent to the immediate commencement of the Service (including registration on the Network and opening of your Challenge Account) before the end of any applicable statutory withdrawal period. You expressly acknowledge and agree that, once performance of the Service has begun (including approval of your registration or opening of your Challenge Account), you lose any statutory right to withdraw from this Agreement and to receive a refund, to the maximum extent permitted by Applicable Law.
After your Network registration has been processed and the cancellation period ended, the Challenge Entry Fee is final and non-refundable under any circumstances (except as required by Applicable Law or applicable payment-network rules), including: your decision not to participate, performance outcomes, failing the Challenge, not receiving an invitation to the Network Trader Program, account suspension or termination, changes to the Service or Network, regulatory changes, Force Majeure Events, or any other reason. You expressly waive any right to chargeback, dispute, or reverse the Challenge Entry Fee after the cancellation period, to the maximum extent permitted by Applicable Law and payment-network rules.
If you initiate a chargeback, payment dispute, or reversal after the cancellation period (other than as required by Applicable Law or payment-network rules), Vanta may immediately suspend or terminate your account. You agree to indemnify Vanta for all costs, fees, and expenses incurred in connection with any chargeback or payment dispute, including administrative fees, Payment Processor fees, and legal costs. Vanta reserves the right to pursue collection through all available legal means and to report fraudulent chargebacks to appropriate authorities.
The Challenge Entry Fee does not include any applicable taxes. You are responsible for all taxes, duties, and governmental charges imposed on the Challenge Entry Fee by any jurisdiction.
During the Challenge, you are a participant in an evaluation program. You are not an employee, independent contractor, partner, joint venturer, member, shareholder, or agent of Vanta. You do not provide services to Vanta during the Challenge. Nothing in this Agreement creates any employment, contractor, or agency relationship during the Challenge stage.
As a Challenge Participant, you are not entitled to any compensation, wages, salary, bonuses, profit splits, prizes, payouts, commissions, or any other form of economic benefit from Vanta during the Challenge. You are not entitled to any employment benefits whatsoever, including health insurance, retirement benefits, paid time off, workers' compensation, unemployment insurance, or severance pay.
You have no authority to bind Vanta to any contract, obligation, or liability, or to make any representation or warranty on behalf of Vanta. You shall not hold yourself out as having any such authority or as being an employee or agent of Vanta.
As a Challenge Participant: you have sole control over when, where, and how you participate in Challenge Trading Activities; Vanta does not provide training, supervision, or direction on trading strategies or methods; you provide your own equipment, software, and internet access; and there are no minimum hours, quotas, or participation requirements (subject to any inactivity rules in the Challenge Rules).
All Challenge Trading Activities and the Network Trader Program use Simulated Assets that have no real-world monetary value. Simulated Assets cannot be redeemed, withdrawn, transferred, or exchanged for any currency, cryptocurrency, or other asset. You never deposit, stake, or risk your own money, cryptocurrency, or assets. The only payment you make is the Challenge Entry Fee for access to the Challenge.
Your participation in the Challenge or the Network Trader Program is not an investment of any kind. The Challenge Entry Fee is payment for access to an evaluation product, not a capital contribution, security, deposit, or investment. You do not acquire any equity, ownership interest, profit-sharing interest, or investment stake in Vanta, the Network, or any other entity.
When Challenge Trading Activities or Network Trader Program activities are conducted on the Network, the Network may emit digital assets (Network Emissions). To the extent any Network Emissions are allocated to Vanta (or its designee) in connection with Challenge Trading Activities, such Network Emissions are the sole and exclusive property of Vanta. Participants do not receive, own, or have any right, title, interest, or claim to Network Emissions, regardless of their designation, value, or any Participant's contribution to generating them.
You acknowledge and irrevocably agree that you have no ownership interest, beneficial interest, equitable interest, claim, demand, or right of any kind in or to any Network Emissions. You waive any claim based on unjust enrichment, quantum meruit, constructive trust, resulting trust, joint venture, partnership, employment, contribution, conversion, or any other legal or equitable theory.
Your Challenge Trading Activities will be evaluated against the performance criteria, rules, and requirements set forth in the Challenge Rules. The Challenge Rules specify, among other things, profit targets, Max Drawdown limits, leverage limits, Tier parameters, Asset Class restrictions, restricted instruments or trading behaviors, and any integrity checks applicable to your Challenge.
A Pass requires meeting all applicable criteria set forth in the Challenge Rules without any disqualifying violations of this Agreement or the Challenge Rules. Vanta will evaluate and validate Challenge Trading Activities and make Pass/Fail determinations. Vanta may disqualify results for prohibited behavior, Technical Artifacts, or any other grounds set forth in this Agreement or the Challenge Rules.
There are no payouts, profit splits, bonuses, prizes, compensation, or any other form of economic benefit during the Challenge. The Challenge is solely an evaluation. Your sole potential benefit from passing the Challenge is the possibility (but not guarantee) of being invited to the Network Trader Program under a separate ICA.
Passing the Challenge is a necessary but not sufficient condition for an invitation to the Network Trader Program. Vanta retains sole and absolute discretion to determine whether to extend an invitation. Factors Vanta may consider include, without limitation, compliance history, KYC status, account limits, aggregate exposure, regulatory considerations, and business judgment. Invitation is conditional on: (a) executing a separate ICA; (b) completing any required KYC verification and Stripe Connect onboarding (if applicable); and (c) ongoing compliance with all applicable requirements. Vanta makes no promises, representations, or warranties regarding the likelihood of receiving an invitation.
Vanta may, in its sole discretion, review Challenge Trading Activities and may adjust, exclude, disregard, re-rank, disqualify, or invalidate any Challenge Trading Activities, performance metrics, rankings, and/or Pass/Fail determinations where Vanta determines that the applicable results are: (i) Non-Replicable; (ii) materially influenced by Technical Artifacts or other anomalies; (iii) inconsistent with the intended purpose, spirit, or integrity of the Challenge; and/or (iv) associated with any actual or suspected violation of Section 10. A Pass determination (if any) is made only based on Validated Results. To the maximum extent permitted by Applicable Law, Vanta's determinations regarding Validated Results are final and binding.
You acknowledge and agree that you have no vested right or entitlement to any particular Challenge Rules, evaluation criteria, performance metrics, ranking, or Pass/Fail methodology, and that none of the foregoing creates any expectation, reliance interest, or obligation for Vanta to maintain any particular rules, objectives, criteria, thresholds, or methodology.
A Participant may purchase and participate in multiple Challenge attempts, whether sequentially or concurrently. Notwithstanding any number of Passes achieved, Vanta may recognize at most one (1) Challenge Account per natural person per Asset Class for purposes of eligibility to proceed to an ICA and/or the Network Trader Program. If you achieve multiple Passes within the same Asset Class, Vanta may, in its sole discretion, designate which Challenge Account (if any) is recognized for eligibility purposes; all other Passes within that Asset Class are void for eligibility purposes. To help Vanta associate your accounts, you must use the same email address for all Challenge Accounts you want Vanta to consider together.
Any descriptions of the Network Trader Program, including descriptions of scaling mechanics, payout frequencies, profit splits, bonuses, drawdown rules, promotion criteria, timelines, or other post-Challenge program terms, whether appearing on Vanta's website, FAQs, marketing pages, dashboards, emails, social media, or any other channel, are provided for informational and illustrative purposes only. Such descriptions are not binding on Vanta and do not form part of this Agreement; do not create any contractual obligation, entitlement, expectation, or reliance interest; may be changed by Vanta at any time without notice to Challenge Participants; and are superseded in their entirety by the terms of the ICA, if and when executed.
You agree to: use the Service only for lawful purposes and in compliance with all Applicable Laws; provide accurate, complete, and truthful information at all times; maintain the security and confidentiality of your account; comply with all Challenge Rules and policies published on the Platform; promptly notify Vanta of any security breach, unauthorized access, or suspected violations; cooperate with Vanta's reasonable requests for information, verification, or investigation; and use the Service in good faith.
Neither you nor any third party acting on your behalf or with your permission may:
Each Platform account and each Challenge Account must correspond to a single natural person. You may create and maintain multiple Challenge Accounts, including multiple attempts (subject to any limits on concurrent active Challenges described in the Challenge Rules or on the Platform). You may not use multiple accounts, email addresses, devices, or payment methods to evade rules, limits, or enforcement actions (including to attempt to obtain more than one ICA invitation per Asset Class). Vanta may impose limits on the number of active Challenge attempts and/or active Challenge Accounts per Participant and/or per Asset Class at any time. Vanta may, in its discretion, merge, suspend, or terminate accounts that Vanta reasonably determines are Related Accounts being used to circumvent account limits.
Vanta may impose limits on Aggregate Exposure, including limits on total simulated capital allocation, notional exposure, risk limits, and/or participation levels per Participant and/or per UBO, and may apply such limits across Related Accounts. You may not engage in Strategy Correlation across multiple accounts or sub-accounts in a manner that Vanta reasonably determines is intended to replicate, clone, mirror, or coordinate Challenge Trading Activities to increase rankings, pass evaluation thresholds, or otherwise game the Challenge. Where Vanta reasonably determines that multiple accounts are Related Accounts and/or that the Challenge is being gamed through aggregation, coordination, or Strategy Correlation, Vanta may require consolidation to a single account, collapse or net results across such accounts, apply caps or reduced limits, re-rank or re-calculate metrics, and/or disqualify or invalidate some or all Challenge Trading Activities.
Vanta reserves the right, but has no obligation, to monitor Participant activity, investigate suspected violations, and take any action Vanta deems appropriate, including suspending or terminating accounts, reporting to law enforcement, and pursuing legal remedies. Vanta may use automated systems to detect prohibited activities.
Violation of this Section 10 may result in: immediate suspension or permanent termination of your account; a Fail determination for the current Challenge; disqualification from current and future Challenges; adjustment, exclusion, re-ranking, disqualification, or invalidation of any Challenge Trading Activities, performance metrics, rankings, and/or Pass/Fail eligibility; revocation of any previously issued Pass; civil liability for damages, including consequential damages; referral to law enforcement and cooperation with criminal investigations; injunctive relief; and any other remedies available at law or equity.
The Platform and all Platform Content, including all software, code, algorithms, databases, text, graphics, images, logos, trademarks, service marks, trade names, trade dress, user interfaces, designs, and other materials, are owned by Vanta or its licensors and are protected by copyright, trademark, patent, trade secret, and other Intellectual Property Rights. Vanta and its licensors reserve all rights not expressly granted in this Agreement.
Subject to your compliance with this Agreement, Vanta grants you a limited, non-exclusive, non-transferable, non-sublicensable, revocable license to access and use the Platform solely for the purposes expressly permitted by this Agreement. This license does not include any right to: (a) modify, adapt, translate, or create derivative works; (b) reverse engineer, decompile, disassemble, or derive source code; (c) copy, reproduce, distribute, publish, or display Platform Content; (d) sell, rent, lease, sublicense, or commercially exploit the Platform; (e) use the Platform on behalf of third parties; or (f) remove any proprietary notices. This license terminates automatically upon termination of this Agreement or your account.
Subject to your ongoing compliance with this Agreement, Vanta grants you a limited, non-exclusive, non-transferable, revocable permission to publicly share limited excerpts of Platform Content solely to show your own performance metrics, rankings, or results displayed in your Challenge Account ("Permitted Social Sharing"). Permitted Social Sharing is limited to your own information. All Permitted Social Sharing must be truthful, accurate, and not misleading. You may not present simulated results as actual trading results or imply that simulated results predict real-world outcomes. Each post containing Permitted Social Sharing must clearly and conspicuously include: "Simulated trading using simulated assets; no real trading is conducted on the platform."; "Challenge results are hypothetical and do not guarantee an invitation to the Network Trader Program or any compensation."; "This is not investment advice and not an investment."; and "Vanta has not reviewed or approved this post." Vanta may, in its sole discretion and for any reason, require you to modify or remove any Permitted Social Sharing within 24 hours.
As between the parties, you retain all right, title, and interest in and to User IP, including any proprietary trading models, strategies, algorithms, signals, and code you create before or during your use of the Service, provided that such User IP does not include or incorporate Vanta's Platform, Platform Content, or Confidential Information, and was not created by reverse engineering or misuse of the Platform. All Challenge Data and Derived Data are and shall be the sole and exclusive property of Vanta. You hereby irrevocably assign to Vanta all right, title, and interest in and to Challenge Data and Derived Data worldwide.
To the extent you submit any User Content through the Platform, you grant Vanta a perpetual, irrevocable, worldwide, royalty-free, fully paid-up, sublicensable license to use, reproduce, modify, distribute, display, perform, and create derivative works from such User Content for any purpose, including operating, improving, and marketing the Service.
If you provide any feedback, suggestions, ideas, recommendations, or other input regarding the Platform or Service ("Feedback"), you hereby assign to Vanta all right, title, and interest in such Feedback. Vanta may use Feedback for any purpose without compensation, attribution, or obligation to you.
"Vanta," "Vanta Trading UI," and all related logos, designs, and trade dress are trademarks or service marks of Vanta. You may not use any Vanta trademarks without prior written permission.
If you believe any Platform Content infringes your Intellectual Property Rights, please contact Vanta's designated agent at the contact information below with: (a) identification of the copyrighted work; (b) identification of the allegedly infringing material; (c) your contact information; (d) a statement of good faith belief; (e) a statement under penalty of perjury that the information is accurate and you are authorized to act on behalf of the owner; and (f) your physical or electronic signature. Vanta will respond to valid notices in accordance with Applicable Law.
You agree to maintain the strict confidentiality of all Confidential Information and to use Confidential Information solely for the purpose of using the Service as permitted by this Agreement. You shall not disclose Confidential Information to any third party without Vanta's prior written consent. You shall protect Confidential Information using at least the same degree of care you use to protect your own confidential information, but in no event less than reasonable care.
Confidential Information does not include information that: (a) was publicly available prior to disclosure; (b) becomes publicly available through no fault of yours; (c) was rightfully in your possession prior to disclosure without confidentiality restrictions; (d) is independently developed by you without use of Confidential Information; or (e) is rightfully obtained from a third party without confidentiality restrictions.
You may disclose Confidential Information if required by Applicable Law, regulation, or court order, provided that you: (a) give Vanta prompt written notice (if legally permitted) to allow Vanta to seek a protective order; (b) cooperate with Vanta's efforts to protect confidentiality; and (c) disclose only the minimum information legally required.
Upon termination of this Agreement or Vanta's request, you shall promptly return or destroy all Confidential Information and certify such return or destruction in writing upon request.
Vanta collects and processes personal data in accordance with its Privacy Policy, which is incorporated herein by reference and available on the Platform. By using the Service, you acknowledge that you have read and understood the Privacy Policy.
By using the Service, you consent to the collection, processing, storage, and transfer of your personal data as described in this Agreement and the Privacy Policy, including for KYC verification, fraud prevention, compliance, service improvement, and communication purposes.
Your personal data may be transferred to and processed in countries other than your country of residence, including the Cayman Islands, United States, and other jurisdictions where Vanta or its service providers operate. These countries may have data protection laws that differ from your jurisdiction. By using the Service, you consent to such transfers.
Vanta implements reasonable administrative, technical, and physical security measures to protect personal data. However, no method of transmission or storage is completely secure, and Vanta cannot guarantee absolute security. You are responsible for maintaining the security of your account credentials.
Vanta retains personal data for as long as necessary to provide the Service, comply with legal obligations, resolve disputes, and enforce this Agreement. Retention periods vary based on data type and legal requirements.
Please read these risk disclosures carefully. By using the Service, you acknowledge and accept all risks described herein.
Hypothetical and simulated performance results have inherent limitations. Unlike actual trading, simulated trading does not involve financial risk and cannot account for all factors that affect real trading decisions, including the impact of financial risk, liquidity constraints, slippage, and market impact. Results from Challenge Trading Activities are not indicative of future performance in any real trading context. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown or experienced with Simulated Assets in any Challenge Trading Activities.
You acknowledge the following risks related to digital assets: digital assets, including Network Emissions, are highly volatile and speculative and values can fluctuate dramatically, potentially declining to zero; the regulatory status of digital assets is unclear and evolving and regulatory changes could materially affect the Service; digital assets may have no intrinsic value and could become worthless; and tax treatment of digital assets varies by jurisdiction and is subject to change.
You acknowledge the following technology risks: smart contracts may contain bugs, vulnerabilities, or errors that could result in unintended consequences; the Network may experience failures, attacks, forks, congestion, or cessation of operations; the Platform, Network, or related systems may be subject to hacking, cyberattacks, or data breaches; independent Validators may act maliciously, collude, make errors, or fail to perform; Network protocols may change, affecting emissions, rules, or economics; and underlying technology may become obsolete or be superseded.
You acknowledge the following operational risks: the Platform may be unavailable, interrupted, or experience performance issues; the Service depends on third parties (Payment Processor, cloud providers, Network) that may fail or change services; you may not Pass the Challenge and you may not receive an invitation to the Network Trader Program; Vanta may modify, suspend, or discontinue the Service at any time; and payment processing for the Challenge Entry Fee may be delayed, held, or fail due to Payment Processor policies or issues.
You acknowledge the following legal risks: governmental authorities may take enforcement action affecting the Service; laws may change in ways that prohibit or restrict the Service; multiple jurisdictions with different requirements are involved; and your recourse is limited by this Agreement and may be impossible against decentralized networks.
By using the Service, you acknowledge that you understand and voluntarily assume all risks described in this Section 14, including risks not specifically identified. You agree that Vanta shall not be liable for any Losses arising from these risks.
You acknowledge and accept that Challenge Trading Activities occur in a simulated environment and may be affected by Market Data limitations and Technical Errors, including: incorrect, delayed, stale, incomplete, or otherwise inaccurate simulated prices; out-of-sequence timestamps, fills, or event ordering; latency or timing advantages/disadvantages; Validator delays, errors, or disagreements; downtime, congestion, forks, reorgs, or other Network disruptions; mismatches between simulated execution and real-world execution; data corruption, lost messages, duplicated messages, or reconciliation errors; and third-party software, hosting, connectivity, or dependency failures. Any such issues may materially affect your Challenge Trading Activities, metrics, rankings, and your Pass/Fail outcome, and may result in adjustment, exclusion, or invalidation of results.
The Service is provided "as is," "as available," and "with all faults" without warranties of any kind, whether express, implied, statutory, or otherwise. To the fullest extent permitted by Applicable Law, Vanta and its Affiliates, licensors, and service providers disclaim all warranties, including implied warranties of merchantability, fitness for a particular purpose, title, non-infringement, accuracy, reliability, availability, security, and warranties arising from course of dealing, course of performance, or trade usage.
Vanta does not warrant that: (a) the Service will meet your requirements or expectations; (b) the Service will be uninterrupted, timely, secure, or error-free; (c) defects will be corrected; (d) the results from the Service will be accurate or reliable; (e) you will Pass the Challenge or receive an invitation to the Network Trader Program; or (f) the Service will be compatible with your equipment or software.
Vanta makes no warranties regarding third-party services, including the Payment Processor, cloud providers, or the Network. Your use of such services is at your own risk and subject to their terms.
Vanta does not control the Network and makes no warranties regarding its operation, availability, security, emissions, or performance. Vanta is not responsible for Network failures, protocol changes, Validator actions, or any other Network-related matters.
Nothing in the Service constitutes financial, investment, tax, legal, or other professional advice. The Service is for simulated trading and evaluation purposes only. You should consult qualified professionals for such advice.
To the maximum extent permitted by Applicable Law, in no event shall Vanta or any Indemnified Party be liable for any: (a) indirect, incidental, special, consequential, punitive, or exemplary damages; (b) loss of profits, revenue, income, business, savings, or anticipated benefits; (c) loss of goodwill or reputation; (d) loss of data or information; (e) loss of use or availability; (f) cost of procurement of substitute services; (g) business interruption; (h) personal injury or emotional distress; (i) loss or theft of digital assets; (j) unauthorized access or alteration of data; (k) conduct of any third party; or (l) any other damages whatsoever; arising from or related to this Agreement, the Service, your use or inability to use the Service, or any other matter, regardless of the theory of liability.
To the maximum extent permitted by Applicable Law, Vanta's total cumulative liability for all claims of any kind arising from or related to this Agreement or the Service shall not exceed the greater of: (a) the total Challenge Entry Fees actually paid by you to Vanta in the twelve (12) months immediately preceding the first event giving rise to liability; or (b) one hundred United States dollars (USD $100.00). This limitation applies to all claims in the aggregate, not per claim or per incident.
Vanta shall have no liability whatsoever for any Losses arising from or related to: (a) the operation, performance, availability, security, or failure of the Network; (b) actions, omissions, errors, or misconduct of Validators or other Network participants; (c) changes to Network protocols, consensus mechanisms, emission schedules, or economics; (d) Network forks, reorganizations, or attacks; (e) fluctuations in value, availability, or liquidity of Network Emissions or other digital assets; (f) smart contract bugs, vulnerabilities, or exploits; (g) blockchain failures or congestion; or (h) any other matter related to decentralized infrastructure.
Vanta shall have no liability for delays, errors, holds, or failures in payment processing by the Payment Processor; Payment Processor fees or charges; account suspension or termination by the Payment Processor; or any acts or omissions of third parties, including other Participants, third-party content or services, or unauthorized access by third parties.
Any claim or cause of action arising from or related to this Agreement or the Service must be filed within one (1) year after the claim or cause of action arose, regardless of when you became aware of it, or it shall be permanently barred.
You agree to indemnify, defend, and hold harmless the Indemnified Parties from and against any and all Losses arising from or related to: your access to or use of the Service; your breach of this Agreement; your violation of Applicable Law, Sanctions, or third-party rights; your negligence, willful misconduct, fraud, or bad faith; any User Content you submit; any dispute between you and any third party; your tax obligations; any claim that your activities violate securities, commodities, banking, money transmission, or other financial regulations; any regulatory investigation or enforcement action related to your activities; any claim arising from false, misleading, or incomplete information you provided; any claim arising from your infringement of Intellectual Property Rights; any chargeback, payment dispute, or reversal initiated by you; and any other matter for which you are responsible under this Agreement.
Vanta reserves the right, at its own expense, to assume the exclusive defense and control of any matter subject to indemnification by you. In such event, you shall cooperate fully with Vanta in asserting any available defenses. You shall not settle, compromise, or consent to the entry of any judgment in any claim without Vanta's prior written consent if such settlement imposes any obligation, liability, or restriction on any Indemnified Party; requires any admission by any Indemnified Party; or does not include a complete release of all Indemnified Parties.
This Agreement begins when you accept it and continues until terminated by either party in accordance with this Section 18.
You may terminate this Agreement at any time by discontinuing use of the Service and notifying Vanta at the contact information below. Termination does not entitle you to any refund of Challenge Entry Fees or forgive any amounts you owe to Vanta.
Vanta may suspend or terminate your access to the Service, in whole or in part, immediately and without prior notice, for any reason or no reason, including: your breach of this Agreement; failure to complete or pass identity verification; suspected fraud, manipulation, illegal activity, or other misconduct; requests or requirements of law enforcement or Governmental Authorities; compliance with Applicable Law or Sanctions; modification, suspension, or discontinuation of the Service; extended periods of inactivity; technical, security, or operational reasons; or Vanta's sole business judgment.
Upon termination for any reason: your right to access and use the Service ceases immediately; your license to the Platform is immediately revoked; any pending Challenge attempt is terminated and results in a Fail; any Pass determination not yet acted upon may be revoked at Vanta's discretion; and you must cease all use of Vanta's Intellectual Property and Confidential Information and return or destroy Confidential Information upon request.
If your Challenge Account shows no trading activity, as determined by Vanta in its sole discretion, for twelve (12) consecutive months, Vanta may close your account and terminate your Challenge without further notice. Closure under this Section results in a Fail. Re-entry requires payment of a new Challenge Entry Fee. Vanta may designate stricter inactivity determinations that lead to account termination in the Challenge Rules.
Vanta may modify this Agreement at any time in its sole discretion. Vanta may provide notice of changes via the Platform, email, or other reasonable means, but you are responsible for reviewing updates. Unless otherwise required by Applicable Law, changes may take effect immediately upon posting or at the time indicated by Vanta, and your continued use of the Service after the effective time constitutes acceptance of the modified Agreement.
Vanta reserves the right to modify, update, suspend, or discontinue the Service, in whole or in part, at any time and for any reason, with or without notice. Vanta shall not be liable to you or any third party for any modification, suspension, or discontinuation.
Vanta may modify, update, or replace the Challenge Rules or Offer Terms at any time in its sole discretion. Subject to the exceptions below, the version of the Challenge Rules and the material commercial terms of the Offer Terms in effect at the time a Participant purchases and enters a Challenge shall govern that Participant's Challenge attempt. Notwithstanding the foregoing, Vanta may apply updated Challenge Rules or Offer Terms to an ongoing Challenge attempt where the change: (i) is necessary to address fraud, abuse, circumvention, or gaming; (ii) is required to comply with Applicable Law or regulatory guidance; (iii) is a technical correction, bug fix, or clarification that does not materially disadvantage Participants; or (iv) is otherwise non-material in nature. Updated Challenge Rules apply prospectively to new Challenge purchases and entrants. In the event of a conflict between this Agreement, the Challenge Rules, and the Offer Terms: this Agreement controls all legal terms, rights, and obligations; the Offer Terms control purchase-specific commercial details (Tier, price, and Asset Class selected); and the Challenge Rules control performance criteria and operational mechanics.
Please read this section carefully. It affects your legal rights, including your right to file a lawsuit in court and to have a jury trial.
Before initiating any formal dispute resolution proceeding, you agree to first contact Vanta and attempt to resolve any dispute informally. To initiate informal resolution, you must send a written notice describing the dispute and your proposed resolution to Vanta at the contact information below. The parties shall negotiate in good faith for at least sixty (60) days. If the dispute is not resolved during this period, either party may proceed with formal dispute resolution.
Any dispute, claim, or controversy arising from or relating to this Agreement, the Service, your relationship with Vanta, or the breach, termination, enforcement, interpretation, or validity hereof, including the determination of the scope or applicability of this Agreement to arbitrate, shall be finally and exclusively resolved by binding arbitration, rather than in court, except as otherwise provided herein. The arbitration shall be administered by the International Centre for Dispute Resolution ("ICDR") in accordance with its International Arbitration Rules in effect at the time of arbitration. The arbitration shall be conducted by a single arbitrator selected in accordance with the ICDR Rules. The place of arbitration shall be George Town, Grand Cayman, Cayman Islands. The language of the arbitration shall be English.
The following procedures shall apply to the arbitration: (a) the arbitrator shall have the authority to award any relief that would be available in a court of competent jurisdiction, subject to the limitations in this Agreement; (b) the arbitrator shall issue a written decision including findings of fact and conclusions of law; (c) discovery shall be limited to documents directly relevant to the dispute; (d) the arbitration proceedings and all related documents shall be confidential; (e) the arbitrator's decision shall be final and binding, and judgment may be entered in any court of competent jurisdiction; (f) the arbitrator shall have no authority to conduct class-wide proceedings or consolidate claims.
Each party shall bear its own attorneys' fees and costs, unless the arbitrator determines that a claim or defense was frivolous or brought in bad faith, in which case the arbitrator may award reasonable attorneys' fees to the prevailing party. The parties shall share equally the arbitrator fees and ICDR administrative fees, unless the arbitrator determines a different allocation is appropriate.
You and Vanta agree that any dispute resolution proceedings, whether in arbitration, court, or otherwise, will be conducted only on an individual basis and not in a class, consolidated, collective, representative, or private attorney general action. You hereby knowingly and voluntarily waive any right to participate in a class action, class-wide arbitration, consolidated arbitration, or any other proceeding in which any party acts or proposes to act in a representative capacity. The arbitrator shall have no authority to conduct class-wide proceedings, consolidate claims, or award relief to anyone other than the individual party.
To the fullest extent permitted by Applicable Law, you and Vanta each knowingly and voluntarily waive any constitutional and statutory right to sue in court and to a trial by jury.
If the class action waiver in Section 20.5 is found to be unenforceable as to a particular claim or request for relief, then that claim or request shall be severed and may proceed in court, while all other claims shall proceed in arbitration. If any other provision of this Section 20 is found to be unenforceable, that provision shall be severed and the remainder shall be enforced.
Any claim must be filed within one (1) year after it arose, regardless of when you became aware of it, or it is permanently barred. This limitation applies to all claims regardless of legal theory.
Notwithstanding the foregoing: (a) either party may seek injunctive or other equitable relief in any court of competent jurisdiction to protect Intellectual Property Rights or Confidential Information; (b) Vanta may bring claims in any court of competent jurisdiction to collect amounts owed by you; and (c) either party may bring claims in small claims court if the claim qualifies.
This Agreement and any dispute arising from or relating to it shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to conflict of law principles. Subject to Section 20 (Dispute Resolution), any legal action or proceeding not subject to arbitration shall be brought exclusively in the courts of the Cayman Islands, and you irrevocably consent to the personal jurisdiction and venue of such courts and waive any objection based on inconvenient forum or lack of jurisdiction.
This Agreement and the Service do not constitute an offer or sale of securities, investment contracts, or any other regulated financial instruments in any jurisdiction. The Challenge Entry Fee is payment for access to an evaluation product. It is not a capital contribution, investment, security, deposit, or loan. No compensation, payout, or return of any kind is provided during the Challenge. No regulatory authority has reviewed, approved, or endorsed this Agreement or the Service.
To further clarify the nature of the Service: the Challenge Entry Fee is payment for access to an evaluation program, not an investment; your Challenge results depend solely on your individual performance, not on pooled resources or the performance of other Participants; your Pass/Fail determination is based on your own trading activity and skill, not by the managerial efforts of Vanta or others; and the Challenge provides no financial return of any kind.
Vanta is not a registered investment adviser, broker-dealer, commodity trading advisor, futures commission merchant, commodity pool operator, or any other type of regulated financial services provider in any jurisdiction. Nothing in the Service is investment advice, trading advice, or a recommendation to buy, sell, hold, or trade any security, commodity, or digital asset. Any information provided is for educational purposes only.
All Challenge Trading Activities use Simulated Assets. No real securities, commodities, currencies, cryptocurrencies, or other financial instruments are bought, sold, traded, or exchanged through the Service. The Service is not connected to any real exchange, trading venue, financial market, or order matching system. Performance in Challenge Trading Activities is not indicative of potential performance in real trading.
The Service involves simulated trading only and is not subject to the same regulatory requirements as actual trading in commodity interests, futures, options, or swaps. Hypothetical or simulated performance results have certain inherent limitations. Unlike an actual performance record, simulated results do not represent actual trading. Also, since the trades have not actually been executed, the results may have under-or-over compensated for the impact, if any, of certain market factors, such as lack of liquidity. Simulated trading programs in general are also subject to the fact that they are designed with the benefit of hindsight. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown.
Vanta does not engage in money transmission or money services business activities. All payments are processed by the Payment Processor (Stripe), which is a licensed payment processor. Vanta does not hold, custody, control, transmit, or exchange fiat currency or digital assets on behalf of Participants, except to the extent of receiving Challenge Entry Fees through the Payment Processor.
Vanta maintains an anti-money laundering (AML) compliance program, including KYC verification, transaction monitoring, and suspicious activity reporting as required by Applicable Law. You agree to cooperate with all AML compliance requirements. Vanta may refuse, suspend, or terminate service if it suspects money laundering, terrorist financing, or other illegal activity.
You are solely responsible for all tax reporting and payment obligations arising from your participation in the Challenge (including any tax consequences of the Challenge Entry Fee). Vanta does not provide tax advice; consult a qualified tax professional.
You are solely responsible for determining and complying with all Applicable Laws in your jurisdiction, including laws relating to taxation, anti-money laundering, foreign exchange controls, data protection, licensing, and registration requirements. Vanta makes no representation that the Service is appropriate or available for use in any particular jurisdiction. Accessing the Service from Prohibited Jurisdictions is strictly prohibited.
You agree to comply with all applicable export control laws and Sanctions. You represent that you are not located in a Prohibited Jurisdiction and will not access the Service from such jurisdiction. You will not export, re-export, or transfer the Service or any related technology to any Prohibited Jurisdiction or to any person on any Sanctions List.
This Section applies only if you are a consumer located in the European Union or the United Kingdom.
You have a statutory right to withdraw from this Agreement within fourteen (14) days from the date you purchase a Challenge (the "Withdrawal Period"), without giving any reason, unless an exception applies under Section 23.5.
To exercise your right to withdraw, you must notify Vanta of your decision by an unequivocal statement (for example, by email). Send your withdrawal notice to support@vantatrading.io (or the then-current cancellation contact shown on the Platform). Your notice should include your name, the email used for purchase, purchase date, and (if available) order/receipt ID.
If you validly withdraw in accordance with this Section, Vanta will reimburse you using the same payment method you used (unless you expressly agree otherwise) without undue delay and in any event no later than fourteen (14) days after we receive your withdrawal notice.
The Challenge is provided digitally and may involve the supply of digital content and/or the provision of digital services that can begin during the Withdrawal Period (including registration on the Network and opening/activation of your Challenge Account). If you tick the separate checkbox presented at checkout requesting immediate access, you expressly request Vanta to begin performance of the Challenge during the Withdrawal Period and acknowledge that once performance begins, you may lose your statutory right to withdraw or may be required to pay a proportionate amount for what has been provided up to the time you withdraw. For purposes of this Section, performance is deemed to begin when your Network registration is approved and/or your Challenge Account is opened/activated (whichever occurs first).
You may use the following form, but it is not required:
Nothing in this Section limits any rights you have that cannot be excluded or limited under applicable consumer law.
This Agreement, together with the Privacy Policy, the Challenge Rules, the Offer Terms, and any other documents incorporated by reference, constitutes the entire agreement between you and Vanta regarding the Service and supersedes all prior agreements, understandings, negotiations, representations, and communications. Descriptions of post-Challenge program terms (including on Vanta's website, marketing materials, or FAQs) are not incorporated into this Agreement and are governed by Section 9.8.
If any provision is held invalid or unenforceable, it shall be modified to the minimum extent necessary or severed, and the remaining provisions shall continue in full force.
Vanta's failure to enforce any provision is not a waiver. Waivers must be in writing and signed by an authorized representative. A waiver on one occasion does not constitute a waiver on other occasions.
You may not assign this Agreement without Vanta's prior written consent. Any attempted assignment in violation is void. Vanta may assign this Agreement freely, including in connection with a merger, acquisition, or sale of assets.
Notices to Vanta must be sent to the email address below and are effective when received. Vanta may notify you via the Platform, email to your registered address, or other reasonable means.
Vanta is not liable for failures due to events beyond its reasonable control, including natural disasters, war, terrorism, pandemics, government actions, Sanctions, network failures, blockchain failures, cyberattacks, power outages, or third-party failures.
You consent to electronic execution of this Agreement. Your electronic acceptance has the same legal effect as a physical signature. You waive any requirement for an original signature.
To the extent any provision is prohibited or unenforceable in your jurisdiction, such provision shall not apply to you to the extent prohibited, and the remaining provisions shall remain in effect. Nothing limits any rights you have that cannot be waived under Applicable Law.
Vanta
George Town, Grand Cayman, Cayman Islands
Legal Inquiries: support@vantatrading.io
General Support: support@vantatrading.io
Cancellation Requests: support@vantatrading.io
DMCA Agent: support@vantatrading.io
