Terms of Service

Effective Date: January 1, 2025 | Last Updated: January 1, 2025

1. Acceptance of Terms

By accessing or using Omnimarket at https://www.omnimarket.bet (the "Platform"), you agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms, you must not use the Platform.

2. Eligibility

To use Omnimarket, you must:

  • Be at least 18 years of age (or the legal age of majority in your jurisdiction)
  • Be legally permitted to participate in prediction markets and online betting activities in your jurisdiction
  • Not be located in a jurisdiction where prediction markets or online betting is prohibited
  • Comply with all applicable local, state, national, and international laws and regulations

Important: It is your sole responsibility to ensure that your use of the Platform is legal in your jurisdiction. Omnimarket does not provide legal advice and is not responsible for your compliance with local laws.

3. Platform Description

Omnimarket is a decentralized prediction market platform that provides users with access to real-time markets on various topics including politics, finance, technology, and global events. The Platform integrates with Polymarket smart contracts deployed on the Polygon blockchain.

4. Risk Disclosure

⚠️ IMPORTANT RISK WARNING

Trading on prediction markets involves significant financial risk, including the potential loss of all funds you deposit or wager. Market outcomes are uncertain and speculative. You should only participate with funds you can afford to lose.

By using Omnimarket, you acknowledge and accept that:

  • All markets are speculative and outcomes are uncertain
  • You may lose some or all of your deposited funds
  • Past performance does not guarantee future results
  • Market liquidity may vary and affect your ability to enter or exit positions
  • Smart contract risks exist, including potential bugs or exploits
  • Blockchain network congestion may delay transactions
  • Omnimarket makes no guarantees of accuracy, liquidity, or profitability

5. Non-Custodial Service

Omnimarket is a non-custodial platform. We do not hold, control, or have access to your funds or private keys. All assets remain in your self-custodied wallet at all times. You are solely responsible for:

  • Securing your wallet and private keys
  • Maintaining access to your authentication credentials
  • All transactions initiated from your wallet
  • Any losses resulting from unauthorized access to your wallet

Omnimarket cannot recover lost funds, reverse transactions, or restore access to lost wallets.

6. Prohibited Activities

You agree not to:

  • Use the Platform for any illegal or unauthorized purpose
  • Engage in market manipulation, fraud, or deceptive practices
  • Attempt to gain unauthorized access to the Platform or other users' accounts
  • Use bots, scripts, or automated tools without authorization
  • Interfere with the Platform's operation or security
  • Violate any applicable laws, regulations, or third-party rights
  • Create multiple accounts to circumvent restrictions or abuse promotions
  • Engage in money laundering or terrorist financing

7. Market Resolution

Markets on Omnimarket are resolved based on Polymarket's resolution mechanisms. Omnimarket does not control or influence market outcomes. Resolution disputes are handled according to Polymarket's policies. By participating, you agree to accept the final resolution as determined by the underlying smart contracts.

8. Fees and Costs

Trading on Omnimarket may incur fees, including but not limited to:

  • Blockchain network transaction fees (gas fees)
  • Trading fees charged by liquidity providers
  • Spread costs between buy and sell prices

Fees are subject to change based on network conditions and market dynamics. You are responsible for all fees associated with your transactions.

9. No Guarantees

Omnimarket is provided "as is" without warranties of any kind, express or implied. We do not guarantee:

  • Uninterrupted or error-free operation
  • Accuracy of market data or odds
  • Availability of specific markets or liquidity
  • Compatibility with all devices or browsers
  • Protection against all security threats

10. Limitation of Liability

To the maximum extent permitted by law, Omnimarket and its affiliates, officers, directors, employees, and agents shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to loss of profits, data, or funds, arising from your use of the Platform.

Our total liability to you for any claims arising from your use of the Platform shall not exceed the amount of fees you paid to us in the 12 months preceding the claim, if any.

11. Indemnification

You agree to indemnify, defend, and hold harmless Omnimarket and its affiliates from any claims, damages, losses, liabilities, and expenses (including legal fees) arising from:

  • Your use of the Platform
  • Your violation of these Terms
  • Your violation of any laws or third-party rights
  • Your trading activities and market participation

12. Termination

We reserve the right to suspend or terminate your access to the Platform at any time, with or without notice, for any reason, including but not limited to:

  • Violation of these Terms
  • Fraudulent, abusive, or illegal activity
  • Risk to Platform security or integrity
  • Legal or regulatory requirements

Upon termination, your right to use the Platform ceases immediately. Termination does not affect your on-chain positions or wallet holdings.

13. Governing Law and Dispute Resolution

These Terms shall be governed by and construed in accordance with the laws of [Jurisdiction], without regard to its conflict of law provisions. Any disputes arising from these Terms or your use of the Platform shall be resolved through binding arbitration in accordance with [Arbitration Rules], except where prohibited by law.

14. Changes to Terms

We may modify these Terms at any time. Changes will be posted on this page with an updated "Last Updated" date. Continued use of the Platform after changes constitutes acceptance of the updated Terms. Material changes will be communicated via the Platform or email.

15. Responsible Gaming

Responsible Participation

Omnimarket encourages responsible participation in prediction markets. If you believe you have a gambling problem, please seek help from organizations such as the National Council on Problem Gambling (1-800-522-4700) or visit www.ncpgambling.org.

16. Contact Information

If you have questions about these Terms, please contact us:

Email: legal@omnimarket.bet
Website: https://www.omnimarket.bet
Support: Via our in-platform support form

By clicking "AUTHENTICATE WITH X" or using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.