1. Parties and scope
These Terms of Service ("Terms") govern the use of the Ivy platform, website and related services (the "Platform") operated by Ivy Live ("Ivy", "we"). Every natural person using the Platform ("User", "you") is deemed to have accepted these Terms. If you do not accept them, you should not use the Platform.
Part of the Platform runs on smart contracts on the Kaia blockchain. These contracts are public, designed to be closed to unilateral intervention by Ivy, and operate under their own technical rules. These Terms govern the interface and services provided by Ivy; they cannot change how the blockchain itself works.
2. Definitions
- ivyId: the unique identity representing your account, owned by you on the blockchain.
- Username: the name shown on your profile, held in your wallet as a transferable NFT (ERC-721).
- Wallet: the crypto wallet connected to the Kaia network with which you sign transactions (your own wallet or the embedded wallet created at sign-in).
- KAIA: the native cryptocurrency of the Kaia network; network fees and Platform transactions are paid with it.
- IVY: the token of the Ivy ecosystem, governed by a fixed-supply, ownerless contract.
- SharePool: the smart contract where platform fees are collected and distributed to shareholders.
- Content: the posts, comments, images, videos, prompts, profile information and other materials you upload or share on the Platform.
- Digital Asset: assets represented on chain that you mint or acquire through the Platform, such as NFTs, channels and usernames.
3. Account, identity and verification
You need to create an account to use the Platform. Sign-in and identity management are handled through our third-party identity provider using email, Google, X (Twitter) or a crypto wallet. You alone are responsible for the security of your account and wallet, your recovery keys and wallet access; Ivy cannot access this information and cannot restore your account or assets if they are lost.
Some features (economic interactions such as likes, comments and tips) require identity verification. Verification is carried out through a third-party KYC provider; the process is designed to protect privacy (the link between your identity and your ivyId is blinded and no personal data is written to the chain). Verification is one-time and the fee charged covers the provider's cost; this fee is not refunded even if verification fails.
You must be 18 years old to use the Platform. If it is determined that you are under 18, your account's access to the Platform interface may be terminated.
4. Identity and username NFTs
Your ivyId and your username sit in your wallet as assets on chain. This means:
- You can transfer your username or sell it on the marketplace inside the Platform. Once transferred, the name passes to the control of the new owner.
- Username fees are tiered by character count and fixed in the smart contract. Fees collected are transferred to the SharePool and are not refunded.
- Changing your active username is subject to a waiting period.
- Using a username in a way that infringes the rights of another person, brand or organisation is prohibited; in such a case the visibility of that name in the Platform interface may be restricted.
5. Wallet, onchain transactions and fees
Some actions on the Platform (likes, tips, post fees, transfers, NFT, channel and video operations) are paid transactions that take place on the Kaia blockchain and are paid in KAIA. Regarding these transactions you accept that:
- Transactions are irreversible. Once confirmed, a transaction written to the blockchain cannot be cancelled, reversed or refunded by Ivy. Paid actions, including likes, are permanent.
- In addition to Platform fees, you pay gas (network) fees charged by the network and outside Ivy's control.
- The consequences of sending a transaction to the wrong address, with the wrong amount or on the wrong network are yours. Verifying the address and amount before sending is your responsibility.
- The value of KAIA, IVY and other crypto assets is volatile; Ivy is not responsible for price fluctuations or loss of assets.
- Current fee rates are shown in the Platform interface before the transaction and defined in the smart contracts. Fees in the revenue-generating core contracts are compiled as constants; they cannot be increased unilaterally afterwards.
6. Refunds and taxes
Because of the nature of onchain transactions, no refunds are made. Once you have sent a like, tip, mint or listing fee, there is no technical way to reverse the transaction. Ivy has no obligation to compensate for transactions made by mistake.
Tax obligations relating to income you earn through the Platform are yours, in accordance with the legislation of your country of residence. Ivy does not provide tax advice, does not withhold on your behalf and does not assume your declaration obligations.
7. Content and ownership
You own the Content you share. Ivy obtains a limited, worldwide, royalty-free licence required to host, display and technically transmit your Content on the Platform. This licence is used solely to operate the Platform; selling your Content to third parties or using it commercially outside the Platform would require your separate permission.
You are responsible for the lawfulness of your Content and for it not infringing the rights of third parties. If we receive a notice alleging that you shared or minted someone else's work without permission, we may restrict the visibility of that content in the Platform interface.
Ivy's core principle is that ownership of content and accounts stays with the user: your account belongs to you on the blockchain and cannot be deleted unilaterally. That said, the limited moderation cases described below are reserved.
8. Creator earnings
The creator's share arising from likes, tips, sales and similar interactions is transferred directly to your wallet at the moment the transaction occurs, without accumulating in an intermediary account. Ivy does not hold, block or schedule these amounts.
Distribution rates are fixed in the smart contracts. Ivy has no power to change these rates unilaterally or to cut your share. Equally, Ivy cannot be held responsible for network-related failures that prevent a payment from reaching your wallet.
9. Digital assets, NFTs and royalties
When you mint an NFT through the Platform, the intellectual property rights in the work remain yours unless stated otherwise; the NFT is the on-chain representation of the work. The royalty rate you set at mint time (within the maximum limit) is paid to you automatically on subsequent sales and cannot be changed afterwards.
Buying an NFT gives you ownership of that digital asset, not the intellectual property rights in the work, unless expressly stated otherwise. Listings on the marketplace are created by users; Ivy does not guarantee the originality or value of listed works, or the seller's title.
10. Not investment advice
No content, interface element or document on the Platform constitutes investment, financial, legal or tax advice. Decisions regarding digital assets, including the IVY token, SharePool shares, staking and NFTs, are entirely yours and carry the risk of loss. Past returns or estimated rates shown in the interface are not a guarantee of future results. Before deciding, you should do your own research and, if necessary, consult an independent adviser.
11. Prohibited uses
When using the Platform you agree not to:
- Share content that is unlawful or constitutes a criminal offence;
- Infringe the intellectual property, personality or privacy rights of others;
- Spread content involving child abuse, glorifying violence, containing hate speech or constituting harassment;
- Engage in fraud, impersonation, spam or deceptive manipulation;
- Artificially inflate interaction counts, operate large numbers of fake accounts for that purpose, or attempt to bypass verification;
- Use the Platform for money laundering, sanctions evasion or similar financial crime purposes;
- Endanger the security of the Platform or its infrastructure, carry out automated abuse (bots, scraping), or attempt to exploit the smart contracts outside their intended purpose.
12. Intellectual property
The Ivy name, logo, trademarks and Platform software belong to Ivy or its licensors. Use of brand and visual resources is subject to the rules on the Brand & Press page. These Terms grant you no ownership rights in the Ivy brand.
13. Third-party services
The Platform relies on third-party services for identity verification, KYC, data hosting, error monitoring, video streaming, swaps and blockchain infrastructure. Use of these services may also be subject to the relevant providers' terms. The Kaia network is decentralised infrastructure and is not under Ivy's control. Ivy is not responsible for losses arising in third-party protocols accessed through the Platform (for example swap transactions).
14. Features under development
The Platform is under active development. Some features may be offered experimentally and may be changed or removed without prior notice. Even where smart contracts have been audited, software cannot be guaranteed to be error-free. Your use of the Platform means you are aware of and accept these risks.
15. Disclaimer and limitation of liability
The Platform is provided "as is" and "as available". To the maximum extent permitted by applicable law, Ivy gives no express or implied warranty, including uninterrupted or error-free operation or fitness for a particular purpose. Ivy cannot be held liable for indirect or consequential damages arising from blockchain network failures, smart contract vulnerabilities, third-party service outages, loss of a wallet or key, or losses in the value of crypto assets.
The limitations in this section do not affect your rights under consumer legislation that cannot be waived by contract.
16. Moderation and content removal
Although account ownership stays with the user, in cases of unlawful content, stolen or fraudulent assets, or serious breach of these Terms, Ivy may restrict or remove the display of that content in the Platform interface and may cooperate with competent authorities as required by its legal obligations.
This power is limited to visibility only. Ivy cannot seize the assets in your wallet, transfer them or access your earnings. You accept that data written to the blockchain cannot technically be deleted.
17. Termination of your account
You may stop using the Platform at any time. You can request deletion of your data within the application; however, your on-chain identity, assets and past transactions remain under your control and cannot technically be deleted.
Ivy may suspend your account's access to the Platform interface in cases of serious or repeated breach of these Terms. Even then, your access to the assets in your wallet continues.
18. Force majeure
Ivy cannot be held liable where obligations cannot be fulfilled due to natural disaster, war, cyber attack, infrastructure or blockchain network outage, regulatory change or similar events beyond the parties' control.
19. Changes and notices
Ivy may update these Terms from time to time. Significant changes are announced through the Platform and the update date at the top of the page is refreshed. Continuing to use the Platform after the changes take effect means you accept the current Terms.
Notices to you are delivered through the Platform interface or to the email address linked to your account. You can send your notices to us at the contact address below.
20. Assignment and severability
You may not transfer your rights and obligations under these Terms to third parties without Ivy's written approval. If any provision of the Terms is held invalid, the remaining provisions stay in force. Ivy's failure to exercise a right does not mean it has waived that right.
21. Governing law and disputes
These Terms are subject to the laws of the Republic of Türkiye. Processing of personal data is carried out under Personal Data Protection Law No. 6698 (KVKK), as explained in our Privacy Policy. The courts and enforcement offices of the Republic of Türkiye have jurisdiction over disputes arising from these Terms. The right of users qualifying as consumers to apply to consumer arbitration committees and consumer courts is reserved.
22. Contact
For questions, notices and requests: info@ivy.live · Service provider: Ivy Live