"BISHT," "BISHT Circles," "we," "us," or "our" refers to the operators of bishtcoin.io (collectively, "BISHTcoin" or the "BISHTcoin team"), operating the bishtcoin.io website, the BISHT Circles peer-to-peer bet platform, and related applications and services (collectively, the "Service"). "You," "your," or "user" refers to any person who accesses the Service.
Contact: support@bishtcoin.io
BISHT Circles is a peer-to-peer software platform that lets users create, share, and participate in social bet circles denominated in the $BISHT token, a memecoin issued on the Solana blockchain. The Service provides the technical infrastructure — bet creation tools, an on-chain escrow contract, settlement messaging, and notification emails — that enables users to wager among themselves.
The Service is not:
You may use the Service only if all of the following are true:
You are solely responsible for determining whether your use of the Service is lawful in your jurisdiction. If your local laws prohibit peer-to-peer wagering, online gambling, or cryptocurrency transactions in any form, you are not permitted to use the Service.
To use most features of the Service you must create an account. You may authenticate via email, phone, third-party identity providers (Google, Apple, X), or by connecting an existing self-custodial Solana wallet. We use a third-party authentication provider (currently Privy.io) to manage account creation, session tokens, and embedded wallet generation.
If you authenticate by email or social login, the Service may provision an embedded Solana wallet on your behalf using multi-party computation ("MPC") technology. You are solely responsible for safeguarding your authentication credentials and any seed phrases, recovery codes, or private key shares associated with your wallet. We cannot recover lost authentication credentials beyond the recovery flows offered by our authentication provider.
You agree to provide accurate, current, and complete information during registration and to keep it updated. You are responsible for all activity that occurs under your account.
$BISHT is a memecoin originally launched on pump.fun and trading on the Solana blockchain. By using the Service, you acknowledge:
Every bet on BISHT Circles is created by a user (the "Creator") and joined by other users (collectively, "Participants"). The Service holds participant stakes in escrow for the duration of the bet.
When the bet's deadline passes, the Creator alone selects the winning option. After a one-hour challenge window during which other participants may dispute the result through community channels, the Service automatically distributes the pool to whichever participants selected the winning option, less the protocol fee.
YOU EXPRESSLY ACKNOWLEDGE AND AGREE:
Cryptocurrency, smart contracts, and peer-to-peer wagering carry material risks. By using the Service you represent that you understand and accept all of the following:
The market price of $BISHT and other crypto assets fluctuates rapidly and unpredictably. You may lose the entirety of your stake. You should never wager more than you can afford to lose entirely.
Blockchain transactions are final and irreversible. Sending tokens to the wrong address, signing a transaction with incorrect parameters, or losing access to your wallet generally results in permanent loss of those assets. We cannot recover them.
The Service relies on smart contracts, the Solana blockchain, third-party RPC providers, third-party wallet software, and the BISHT escrow account. Each of these may contain bugs, vulnerabilities, or operational failures that could cause loss of assets. We have not engaged a formal third-party audit of every component, and we make no representation that the Service is free of defects.
The Solana network may experience downtime, congestion, forks, or other disruptions. Third-party services we depend on (RPC providers, email providers, authentication providers) may fail. We are not liable for any losses caused by such events.
Bets depend on the honesty of the Creator. We cannot prevent dishonest settlements. You should only join bets created by people you reasonably trust.
The legal status of cryptocurrencies, peer-to-peer wagering, and decentralized applications varies by jurisdiction and may change without notice. We may suspend, modify, or discontinue the Service in any jurisdiction at any time, including in response to legal or regulatory developments.
You are solely responsible for determining and paying any taxes owed on winnings, losses, gifts, sales, or other use of $BISHT or other crypto assets in connection with the Service. We do not provide tax advice and do not issue tax forms.
Nothing on the Service constitutes financial, legal, tax, or investment advice. Bet at your own discretion.
The Service charges a 3% protocol fee on the total stake pool of each bet, deducted at distribution and routed across four platform-controlled wallets per the published tokenomics policy:
All four destination wallets are public on Solana and verifiable on Solscan. The protocol fee is non-refundable. Quarterly transparency reports detail every burn, community-pool outflow, and operations spend.
You are also responsible for Solana network fees ("gas") for every transaction you sign, typically less than $0.01 per transaction. Network fees are paid in SOL and are not under our control.
Third-party services accessible from the Service (such as fiat-to-crypto onramps operated by MoonPay, Coinbase Pay, or similar) charge their own fees, which are disclosed by those providers. We do not collect or share in those fees.
We may change the protocol fee or its allocation with public notice posted on the Service and the canonical tokenomics policy. Continued use after notice constitutes acceptance.
From time to time, we may credit a small amount of $BISHT (currently 100 $BISHT per new account) to first-time users to enable initial participation. These credits are gifts, not advances or loans, and may be revoked at our sole discretion if we detect abuse, fraud, multi-accounting, or violation of these Terms. Promotional credits have no cash value and confer no rights other than the ability to participate in bets.
You agree not to:
We may suspend, restrict, or terminate your access to the Service at any time, with or without notice, for any violation of these Terms or for any other reason at our sole discretion.
All content, branding, designs, copy, audio, video, code, and other materials made available through the Service (excluding user-generated bet questions and option labels) are owned by BISHTcoin or its licensors and are protected by intellectual property laws. The "BISHT," "BISHT Circles," and "بشت" marks, the cloak silhouette, and the gold-on-black brand identity are trademarks of BISHTcoin.
You may not copy, reproduce, modify, distribute, or create derivative works of any of our content without our express written permission, except that you may share links to public bets via the share buttons we provide.
By submitting a bet question, option labels, or any other user-generated content, you grant us a worldwide, non-exclusive, royalty-free, sublicensable, perpetual license to host, display, reproduce, and distribute that content as part of operating and promoting the Service.
The Service is provided on an "as is" and "as available" basis, with all faults and without warranty of any kind. To the maximum extent permitted by law, we expressly disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose, non-infringement, accuracy, reliability, security, and uninterrupted availability.
Without limiting the foregoing, we do not warrant that:
To the maximum extent permitted by law, BISHTcoin, its members, officers, employees, contractors, agents, and affiliates ("Indemnified Parties") shall not be liable to you for any indirect, incidental, special, consequential, exemplary, or punitive damages, or for any loss of profits, revenue, data, goodwill, or other intangible losses, arising out of or related to your use of the Service, regardless of the legal theory (contract, tort, strict liability, or otherwise) and regardless of whether we have been advised of the possibility of such damages.
Our aggregate liability to you for any and all claims arising out of or related to the Service shall not exceed the greater of (a) the amount of protocol fees you have paid to us in the 90 days preceding the claim, or (b) one hundred U.S. dollars ($100).
Some jurisdictions do not allow the exclusion of certain warranties or limitation of liability for incidental or consequential damages. In such jurisdictions our liability is limited to the maximum extent permitted by law.
You agree to defend, indemnify, and hold harmless the Indemnified Parties from and against any and all claims, liabilities, damages, losses, and expenses (including reasonable attorneys' fees) arising out of or in any way connected with: (a) your use of the Service; (b) your violation of these Terms; (c) your violation of any law or third-party right; (d) any bet you create, join, or settle; (e) any content you submit; or (f) any tax obligations arising from your use of the Service.
We reserve the right to modify, suspend, or discontinue any part of the Service at any time, with or without notice. We are not liable for any modification, suspension, or discontinuation.
We may update these Terms from time to time. Material changes will be communicated through the Service or by email. Continued use of the Service after the effective date of any updated Terms constitutes acceptance.
You may stop using the Service at any time. We may terminate or suspend your access to the Service at any time, with or without cause and with or without notice. Upon termination, the provisions of these Terms that by their nature should survive — including Sections 7, 12, 13, 14, 17, and 18 — will continue in effect.
If your access is terminated, you remain entitled to any $BISHT held in your wallet. We do not seize or freeze user wallets except as required to comply with valid legal process.
These Terms and any dispute arising out of or related to them or to your use of the Service shall be governed by the laws of the State of Delaware, United States, without regard to conflict-of-law principles.
Mandatory binding arbitration.
You and BISHTcoin agree that any dispute, claim, or controversy arising out of or relating to these Terms or to the Service shall be resolved exclusively through final and binding arbitration administered by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules. Arbitration shall take place in Delaware, in English, before a single arbitrator. The arbitrator's award shall be final and may be entered as a judgment in any court of competent jurisdiction.
Class action waiver.
You and BISHTcoin each agree to bring any dispute solely in your or its individual capacity and not as a plaintiff or class member in any purported class, consolidated, or representative proceeding. The arbitrator may not consolidate or join the claims of more than one person.
Exception.
Either party may seek injunctive or equitable relief in a court of competent jurisdiction to protect its intellectual property rights or to prevent ongoing harm.
If any provision of these Terms is held invalid or unenforceable, the remaining provisions remain in full force and effect.
These Terms, together with the Privacy Policy, constitute the entire agreement between you and us regarding the Service and supersede all prior agreements.
Our failure to enforce any provision is not a waiver of that provision.
You may not assign or transfer your rights under these Terms without our prior written consent. We may assign our rights without restriction.
Neither party shall be liable for any failure or delay in performance caused by circumstances beyond its reasonable control, including blockchain network outages, RPC failures, third-party service disruptions, government actions, natural disasters, war, or pandemic.
Notices to us should be sent to legal@bishtcoin.io. Notices to you may be delivered through the Service, by email to the address on file, or to the wallet address registered to your account.