Terms of Service

kapiche is a social prediction game. You make predictions on sports, crypto, and news, create and join "pots" (friendly predictions) with other people, and build a public reputation for how accurately you call outcomes (your "Oracle Score") and how reliably you settle up with friends (your "Settle Score").

The core experience is free. Every user gets free daily points, no purchase is ever necessary, and points have no cash value. Part of the discovery feed mirrors real-world questions from a third-party prediction market (currently Polymarket), read-only, so there are always fresh questions that resolve automatically from that third party's published outcome.

If you and people you already know want to put real money on a prediction, kapiche lets you keep track of who owes whom and settle up directly with each other. You pay each other; kapiche never holds, routes, or takes a cut of that money.

To be clear about our role: kapiche is software and a reputation service. It is not a bank, money transmitter, payment processor, or custodian; not a broker, exchange, or investment adviser; not an escrow agent or guarantor of anything between users; not a gambling operator or sportsbook; and not the operator or counterparty of any third-party market it mirrors for discovery.

(a) Points pots (free, public). Points are a free in-app unit. Every user receives free daily points and no purchase is ever necessary to play. Points cannot be purchased, sold, redeemed, exchanged, transferred, withdrawn, or converted to cash or anything of value, and have no monetary value. They exist only to score the game and rank reputation. kapiche takes no cut of any points pot and may grant, adjust, expire, or revoke points at any time. Points are never shown as a dollar amount.

(b) Real-money pots (private, friends-only). Available only inside invite-only Circles among users who already know each other, and denominated in U.S. dollars. All money moves directly between users, peer-to-peer, off the platform, either by wallet-to-wallet USDC transfer (onchain, on Solana) or via a third-party consumer payment app such as Venmo, PayPal, or Cash App. Real-money pots are not open to the public or to strangers.

Some questions in the public feed are mirrored, read-only, from a third-party prediction market (currently Polymarket, via its public Gamma API). On kapiche they are ordinary free points pots and resolve automatically from that third party's published outcome. Your participation in them on kapiche is in free points only.

kapiche does not place, match, route, hold, or take a cut of any order or position on Polymarket, and earns nothing from it. Any external figures we show (such as Polymarket volume or prices) come from that third party, are marked as Polymarket data, may be delayed or inaccurate, and are not kapiche's representation.

kapiche never takes custody or control of your funds. Your money stays in your own wallet, and no transfer happens unless you sign it yourself. kapiche's role is limited to sponsoring the network (gas) fee, recording who owes whom, and showing you the balance that already lives in your own wallet. kapiche does not hold, lock, escrow, or spend your funds, and cannot move them for you.

• When a real-money pot resolves, the Service records who owes whom and lets the parties settle directly with each other.
• For crypto settlements, you sign and send the transfer from your own wallet to the other user's wallet. kapiche may sponsor the network (gas) fee of a transfer you initiate and sign; doing so gives kapiche no ownership, custody, or spending authority over your funds.
• For fiat settlements, you pay the other user inside your own third-party payment app under that provider's terms. kapiche never sees, holds, or routes those funds and is not a party to that payment.
• Proof-of-funds is read-only. If you choose, the Service may display that your public wallet balance is sufficient to cover a pot. This is a read of public blockchain data only, not a hold or reservation; your funds stay entirely in your control.

• The Service only observes and records settlement; it does not adjudicate, enforce, or guarantee it. A pot's referee calls the outcome of the prediction (or, for mirrored markets, the outcome resolves automatically from the third party's published result); this is separate from settlement, which merely records that money changed hands.
• Verified (crypto): the Service reads the public blockchain to confirm a transfer between the parties' wallets and marks the obligation settled.
• Confirmed (fiat): the paying user marks payment sent and the receiving user confirms receipt (mutual attestation).
• Reputation scores are automated, informational signals derived from this activity. They describe past behavior and are not guarantees of any user's future conduct, accuracy, solvency, or willingness or ability to pay. They confer no monetary value, and you rely on them at your own risk. kapiche does not guarantee their accuracy and is not liable for decisions you make based on them.
• Disputes between users are between those users. kapiche may mark an obligation "disputed" or "voided" for reputation purposes but does not decide who is right, recover funds, or compel payment. Enforcement of any real-money obligation is solely between the users involved.

• You must be at least 18 years old (or the age of majority in your jurisdiction, if higher) to use the Service, and at least 18 to use any real-money feature.
• Real-money features are geographically restricted. They are not available to users located in Utah (UT), Washington (WA), Hawaii (HI), Idaho (ID), Louisiana (LA), Tennessee (TN), Oklahoma (OK), and Nevada (NV), and may be further restricted by other jurisdictions. We may block, geofence, or disable real-money features based on your location.
• You are responsible for ensuring your use, including any real-money arrangement with friends, is lawful where you are located, and you must not use the Service where it is prohibited.
• No circumvention: you must not use a VPN, proxy, Tor, GPS spoofing, or any other method to disguise your location, age, or identity, or to reach real-money features from a restricted jurisdiction or while underage. Doing so is a material breach of these Terms and may result in suspension or termination.
• Points pots may be available more broadly because points have no cash value.

By using real-money features you acknowledge and accept that:

• Total loss is possible. Real-money pots are at-risk arrangements among friends; you can lose the full amount you put at risk.
• No insurance or protection. kapiche is not a bank and insures nothing. Because money moves directly between you and other people, there is no deposit insurance, chargeback, or reversal, and neither kapiche nor any government agency will reimburse or recover a payment for you.
• Crypto transfers are irreversible. Blockchain transactions generally cannot be reversed, cancelled, or refunded. You are responsible for sending the correct amount to the correct address.
• Counterparty risk is yours. The other user may fail or refuse to pay. kapiche does not guarantee payment and will not cover, advance, or recover it. Reputation scores are the only "enforcement," and they are informational.
• Third-party rails. Wallets, payment apps, on-ramps, and mirrored market data sources are operated by third parties under their own terms; kapiche is not responsible for them.
• No financial/tax/legal advice. You are responsible for any taxes arising from your activity.

You agree not to: use the Service for unlawful gambling, money laundering, or fraud; create real-money pots open to the public or to strangers; misrepresent outcomes, payments, or identities; manipulate or collude to inflate reputation; offer cash or anything of value for points; or attempt to buy, sell, or transfer points. We may suspend or terminate accounts that violate these Terms.

Authentication, wallets, payments, on-ramps, and mirrored market data may be provided by third parties (for example Privy, the Solana network, Venmo, PayPal, and Cash App, our on-ramp provider, and Polymarket for read-only market data). Your use of those services is governed by their terms; kapiche is not responsible for them.

• Pro is an optional monthly subscription that unlocks software features (for example unlimited real-money pots, advanced analytics, larger Circles). Pro is a fee for software features only: it is never a charge on, share of, or condition of any pot or prediction. The current price is shown in the app and may change over time; it is paid in USDC through our non-custodial payment provider and auto-renews monthly from your own wallet until you cancel. You can cancel anytime and keep Pro through the end of the current billing period. Fees are non-refundable except where required by law.
• Cosmetics (avatars, themes, flair, badges) are direct-purchase digital items with no cash value, non-refundable except as required by law, and not tradeable or redeemable for value.
• No fee is ever charged as a percentage of, or deducted from, any pot or transfer between users.

THE SERVICE IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, TO THE MAXIMUM EXTENT PERMITTED BY LAW. KAPICHE IS NOT LIABLE FOR ANY LOSS ARISING FROM USER-TO-USER ARRANGEMENTS, FAILURE OF ANY USER TO PAY, THIRD-PARTY SERVICES (INCLUDING MIRRORED MARKET DATA), REPUTATION SCORES, OR YOUR USE OF REAL-MONEY OR CRYPTO FEATURES. To the maximum extent permitted by law, kapiche’s total liability for any claim relating to the Service is limited to the greater of the total amounts you paid kapiche in the twelve months before the claim or USD 100, and kapiche is not liable for indirect, incidental, special, consequential, or punitive damages. You agree to indemnify kapiche for claims arising from your use or your arrangements with other users.

We may update these Terms; material changes will be notified by posting the updated Terms here and, where appropriate, by email or in-app notice. Governing law: the State of Wyoming, United States, without regard to its conflict-of-laws rules. Any dispute that cannot be resolved informally is resolved by binding individual arbitration seated in Sheridan, Wyoming, and you and kapiche each waive any class action or jury trial, to the fullest extent permitted by law. Entire agreement; severability; no waiver. Contact: legal@kapiche.fun.