Agreement and Who We Are
These Terms govern your use of the Sova website and private-alpha demo (the "Services"). By using the Services you agree to them; if you do not agree, do not use them.
The demo is provided by the Sova project team ("Sova," "we," "us," "our") as a research and technology demonstration built on the Sova protocol, non-custodial software that never holds or controls user funds. Sova is open-source software maintained by its contributors: no company has been incorporated to operate it, and no operating entity exists yet. If and when one is, it will assume these Terms and we will update this page to name it.
Demonstration and Testnet Status
Sova is currently a demonstration on a public test network. It is not a live financial product.
- Tokens used in the demo carry no real monetary value; all activity is simulated.
- The demo is for evaluation only and may be changed, reset, or discontinued at any time without notice, and data may be lost.
- Behavior on testnet does not guarantee identical behavior on any future mainnet.
- Do not send real assets to any address associated with the demo; they may be permanently lost.
What Sova Is and Is Not
Sova provides software that lets you create demo payment links and invoices and interact with public smart contracts. We do not touch your money.
Sova is not a bank, money services business, money transmitter, payment institution, custodian, broker, dealer, exchange, lender, or investment adviser, and is not registered or licensed as such. We do not custody or control funds, execute transactions on your behalf, set or guarantee token values, or act as an intermediary, escrow agent, or fiduciary. Nothing here is financial, investment, tax, or legal advice.
Eligibility and Unsupported Regions
By using the Services you represent that you are at least 18, have capacity to agree, and:
- are not a United States person and are not located in the United States;
- are not located in, resident in, or organized under the laws of any comprehensively sanctioned territory (including Cuba, Iran, North Korea, Syria, and the Crimea, Donetsk, and Luhansk regions); and
- are not subject to sanctions or on any restricted-party list (UN, EU, UK, or US OFAC).
The Services are also not offered in regulated markets, including the European Economic Area and the United Kingdom, where doing so requires a licence or a local company, which Sova does not have. Availability there depends on a licensed partner or a future entity and its registrations. We may use technical measures to give effect to these restrictions.
Your Keys, Your Funds
The Services are non-custodial. You alone control your keys and accounts through your own smart account and passkey, and you authorize every transaction. We cannot access, move, freeze, or recover your accounts or credentials; if you lose access to them, we cannot restore them. Safeguarding them is your responsibility.
Confidential Mode and Encryption
Confidential mode is our privacy setting, active today and on by default. When enabled, payment amounts and balances stay confidential through Fully Homomorphic Encryption (FHE) so that we cannot read them. On-chain we publish only a public invoice identifier; invoice details — client and service names, descriptions, due dates, and payer contact information — are not written to the blockchain; they are stored off-chain in our database, where they are currently readable by us under standard security controls. Before the production launch of the protocol, we will add client-side encryption for data stored in our database so that we will no longer be able to read it. You acknowledge that FHE is emerging technology that may have undiscovered limitations; that on-chain encryption uses keys you control and that we cannot decrypt; that on-chain metadata (hashes, timestamps, addresses) remains public; and that no encryption is guaranteed against all future advances.
Acceptable Use
You agree not to use the Services to break the law or to:
- facilitate money laundering, sanctions evasion, fraud, or other financial crime;
- exploit, attack, reverse engineer (beyond what open-source licenses permit), or disrupt the Services or smart contracts; or
- circumvent eligibility, security, or geographic controls, including by misrepresenting your location.
Risk, Disclaimers, and Liability
The Services are provided "as is" and "as available", without warranties of any kind, to the maximum extent permitted by law. You accept the risks of using experimental blockchain software, including smart-contract bugs, the emerging nature of FHE, network instability, reliance on third-party infrastructure we do not control, and an evolving regulatory landscape.
To the maximum extent permitted by law, Sova, the people who build and operate the demo, and their affiliates are not liable for any indirect, incidental, special, or consequential damages, or any loss of assets or data, arising from your use of the Services. Where liability cannot be excluded, our total aggregate liability is limited to USD 100. Nothing here limits liability that cannot be limited by law, including any mandatory consumer rights you have.
Governing Law and Disputes
Please contact us first; most issues are resolved informally within 30 days. Because no operating entity has been formed yet, these Terms do not yet designate a governing law or a forum for disputes. When an operating entity assumes these Terms, we will update this section to state its governing law and where disputes will be resolved. Until then, any dispute will be handled in English and in good faith. Nothing here deprives you of any mandatory consumer-law rights available where you live.
Changes, Assignment, and Contact
We may update these Terms as the project develops; when changes are material we will update the date above and, where appropriate, notify you. Continued use means you accept the revised Terms. If an entity is formed to operate Sova, these Terms transfer to it and we will tell you; you may not transfer yours to anyone else. If any provision is unenforceable, the rest remain in effect. Questions: contact@getsova.xyz.