Last Updated: March 2026

1. Introduction and Acceptance

These Terms of Use (the "Terms") govern your access to and use of the Spark Protocol, including all associated interfaces, smart contracts, tools, and services (collectively, the "Platform"), operated by Spark DAO LLC, a Marshall Islands DAO LLC (MIDAO-10249-26) (referred to as "Spark", "we", "us", or "our").

By accessing or using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms. If you do not agree, you must immediately cease all use of the Platform.

Spark reserves the right to modify these Terms at any time. Continued use of the Platform after any such modification constitutes your acceptance of the revised Terms. It is your responsibility to review these Terms periodically.

2. Definitions

"IdeaCoin" means any treasury-backed digital token deployed through the Spark Protocol, where the underlying treasury may be redeemable by token holders according to the specific parameters set at the time of creation. IdeaCoins are experimental digital assets and are not investments, securities, or financial products.

"Ideator" means any individual or entity that submits an idea for funding through the Spark Platform.

"Builder" means any individual or team selected through the Platform's governance mechanisms (including futarchy-based decision markets) to develop an idea that has been funded.

"VibeFund" means the community-driven funding mechanism through which Platform users may acquire IdeaCoins to fund ideas before a builder team is selected or assembled.

"Governance Mechanism" means any on-chain decision-making process used by the Platform, including but not limited to futarchy-based markets operated through third-party infrastructure such as Combinator.trade.

"Interface" means any web-based, mobile, or other user interface provided by Spark to interact with the Platform's underlying smart contracts and protocols.

"Treasury" means the pool of digital assets held in connection with a specific IdeaCoin, managed through multi-signature wallets or equivalent on-chain mechanisms.

"Liquidity Pool" means any automated market maker pool, including pools on Meteora (DAMM v2), Omnipair (GAMM), or any other decentralized exchange infrastructure integrated with the Platform.

3. Eligibility and Prohibited Jurisdictions

3.1 Age and Capacity

You must be at least 18 years of age and have the legal capacity to enter into a binding agreement in your jurisdiction of residence to use the Platform.

3.2 Prohibited Jurisdictions

The Platform is not available to residents, nationals, or persons located in, incorporated in, or otherwise established in the following jurisdictions ("Prohibited Jurisdictions"): Belarus, Burundi, the Central African Republic, the Democratic Republic of Congo, the Democratic People's Republic of Korea, the temporarily occupied regions of Ukraine, Cuba, Iran, Libya, the People's Republic of China, the Russian Federation, Somalia, Sudan, South Sudan, Syria, the United States of America, Venezuela, Yemen, and Zimbabwe.

This list may be updated from time to time to reflect changes in applicable sanctions regimes, regulatory requirements, or partnership obligations (including but not limited to requirements imposed by Paxos and the Global Dollar Network).