Web3 Terms of Service vs Standard Terms and Conditions: What Changes
The wallet-connect consent, smart-contract risk, and no-refund-for-on-chain-transaction clauses a Web3 platform's terms need that a standard T&C skips.
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The wallet-connect consent, smart-contract risk, and no-refund-for-on-chain-transaction clauses a Web3 platform's terms need that a standard T&C skips.
A Web3 or NFT platform runs on transactions a company cannot reverse, wallets it never custodies, and assets that may or may not be securities. Here is what the Terms of Service needs to say about each.