Legal Disclaimer
Last updated: 12 May 2025
This Legal Disclaimer (the “Disclaimer”) governs (i) your access to and use of the websites at https://mastersoftrivia.com, https://mot.army and any sub-domains (collectively, the “Site”), (ii) the Masters of Trivia online and mobile applications (the “Platform”), and (iii) the digital consumptive-use token “MOT” (the “Token”). The Site, Platform and Token are owned and operated by Intelligent Games LLC, a Wyoming limited-liability company (“Company,” “we,” “us,” or “our”).
1. Definitions
“Consumptive Use” – use of the Token solely to obtain, utilize, or redeem goods, services, or digital content on the Platform, and not for speculative or investment purposes.
“User” – any natural person or legal entity that accesses the Site, downloads or uses the Platform, acquires, holds, or uses the Token, or otherwise interacts with Company services.
“Applicable Law” – all statutes, regulations, rules, and decisions of any competent jurisdiction that may apply to the User or the Company.
2. Regulatory Classification
1. Wyoming Utility Token Act
The Token is structured to qualify as a consumptive-use utility token under the Wyoming Utility Token Act, Wyo. Stat. §34-29-101 et seq.
2. Not a Security or Financial Product
The Token:
- is not a security, investment contract, derivative, swap, commodity, note, or other regulated financial instrument;
- has not been registered with, approved by, or filed with the U.S. Securities and Exchange Commission (“SEC”), the Commodity Futures Trading Commission (“CFTC”), any state securities commission, or any foreign regulator;
- shall not be offered or sold as such.
3. No Public Offering
Nothing on the Site, Platform, white paper(s), social-media channels, or elsewhere constitutes—or is intended to constitute:
- an offer to sell or the solicitation of an offer to buy any security, or
- an invitation to invest in the Company or the Token.
3. Purpose and Limited Utility
The Token’s sole purpose is to enable Consumptive Use on the Platform, including but not limited to:
- unlocking quizzes, game modes, or premium content
- paying entry fees for trivia contests or tournaments
- redeeming in-app rewards or merchandise
- accessing future features expressly designated by the Company
4. Absence of Ownership, Equity, or Governance Rights
Holding the Token does not and shall never:
- confer shares, partnership interests, membership interests, or any other equity in the Company
- entitle a User to dividends, revenue share, distributions, or any other economic or voting right
- create a creditor, lender, or beneficiary relationship with the Company
- grant governance, management, or control rights over the Platform or Company assets
5. No Expectation of Profit or Liquidity
The Token is not designed for appreciation in value, resale, or secondary-market trading. Users must not acquire Tokens with any expectation of:
- profit, capital gain, or economic return
- maintenance or creation of secondary-market liquidity
- participation in the efforts, successes, or management of the Company
Any secondary trading that may occur is wholly independent of the Company and at the sole risk of the parties involved.
6. Eligibility; Restricted Jurisdictions
You must not access the Site, use the Platform, or acquire Tokens if:
- you are located in, incorporated in, or a citizen or resident of a country or territory where digital-asset activity is prohibited or restricted (e.g., [insert list / OFAC-sanctioned jurisdictions])
- you are on any sanctions, embargo, or terrorism-related list published by the United States, the European Union, the United Kingdom, or the United Nations
- doing so would violate Applicable Law
You are solely responsible for determining your eligibility and for all consequences of non-compliance.
7. KYC / AML / CTF Compliance
We reserve the right to conduct Know-Your-Customer (KYC), Anti-Money-Laundering (AML), and Counter-Terrorism-Financing (CTF) checks. We may refuse, suspend, or cancel Token allocations or Platform access at any time to comply with Applicable Law or internal compliance policies.
8. Risk Factors (Non-Exhaustive)
By acquiring or using Tokens, you affirm that you fully understand and accept the following risks, among others:
| Category | Example Risks |
|---|---|
| Regulatory | Classification changes, new laws, enforcement actions, exchange delistings |
| Technology | Smart-contract bugs, blockchain re-org/fork, consensus failures, node downtime |
| Security | Private-key loss, wallet compromise, hacking, phishing, Sybil attacks |
| Market | Extreme volatility, illiquidity, price collapse, slippage, front-running |
| Operational | Platform discontinuation, codebase errors, third-party service failure |
| Force Majeure | Acts of God, war, political unrest, pandemic, regulatory prohibition |
| Tax | Uncertain tax treatment, withholding obligations, reporting requirements |
You may lose some or all value of the Token without recourse.
9. Taxation
The tax characterization of digital assets is uncertain. You are solely responsible for:
- determining what taxes apply to your Token acquisition, ownership, or disposal, and
- filing, withholding, collecting, reporting, and remitting the correct taxes to the appropriate authorities.
10. No Warranties; Limitation of Liability
- “AS IS” Basis
The Site, Platform, and Token are provided “as is” and “as available” without warranties—express, implied, or statutory—including merchantability, fitness for a particular purpose, title, or non-infringement. - Limitation
To the maximum extent permitted by law, the Company, its managers, employees, contractors, and affiliates shall not be liable for any indirect, incidental, consequential, special, exemplary, or punitive damages, nor for lost profits, data, goodwill, or opportunity, arising out of or in connection with the Token, Platform, or Site, even if advised of the possibility of such damages. - Aggregate Cap
In no event shall our aggregate liability—whether in contract, tort (including negligence), strict liability, or otherwise—exceed the greater of (a) USD 100 or (b) the total amount you paid (if any) directly to the Company for Tokens giving rise to the claim.
11. Indemnification
You agree to indemnify, defend, and hold harmless the Company and its affiliates from any claim, demand, loss, damage, cost, or expense (including reasonable attorneys’ fees) arising from or related to:
- your use or misuse of the Token, Platform, or Site
- your breach of this Disclaimer or any Applicable Law
- your violation of the rights of any third party
12. Forward-Looking Statements
This Site, Platform, or related materials may contain “forward-looking statements” (e.g., anticipated features, road-map milestones, or expansion plans). These statements are subject to uncertainty and may differ materially from actual results. We disclaim any obligation to update forward-looking statements, except as required by law.
13. Intellectual-Property Rights
All trademarks, service marks, logos, content, code, and other intellectual property displayed on the Site or Platform are the property of the Company or its licensors. No license or right—express or implied—is granted to any User, except as strictly necessary for Consumptive Use of the Token or normal use of the Platform under applicable terms of service.
14. Modifications
We may amend, update, or replace this Disclaimer at any time. Continued use of the Site, Platform, or Tokens after the effective date of a revised Disclaimer constitutes acceptance of the changes. If you do not agree, you must cease all related activity and, if permissible, dispose of your Tokens.
15. Governing Law; Dispute Resolution
This Disclaimer and any dispute arising out of or relating to it shall be governed by and construed in accordance with the laws of the State of Wyoming, without regard to conflict-of-laws rules.
Any dispute that cannot be resolved informally shall be submitted to binding arbitration under the rules of the American Arbitration Association, seated in Cheyenne, Wyoming. Each party waives the right to a jury trial and the right to participate in a class or representative action.
16. Severability
17. Entire Agreement
This Disclaimer constitutes the entire agreement between you and the Company concerning the Token, Platform, and Site, and supersedes all prior or contemporaneous understandings, whether oral or written.
IF YOU DO NOT AGREE WITH ANY PART OF THIS DISCLAIMER, DO NOT USE THE SITE, DO NOT ACCESS THE PLATFORM, AND DO NOT ACQUIRE OR HOLD MOT TOKENS.
About
Legal Disclaimer: MOT is a consumptive-use token issued by Intelligent Games LLC under the Wyoming Utility Token Act (House Bill 70). It is not a security or financial product, is not registered with the U.S. Securities and Exchange Commission or any other regulatory authority, and is not offered or sold as an investment. Holding MOT confers no ownership, equity, profit-sharing, or governance rights. The token is intended solely for use within the Masters of Trivia platform and must not be acquired with any expectation of profit, resale, or appreciation in value. MOT tokens are non-convertible to fiat and for in-app use only. Use involves risk and requires compliance with applicable law [Read full disclaimer].
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