Welcome to Kenostod Blockchain Academy. By accessing or using our website, platform, API, educational materials, or any related services (collectively, the "Services"), you agree to be bound by these Terms of Service ("Terms"). Please read them carefully.
1. Acceptance of Terms
By using Kenostod Blockchain Academy's Services, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy. If you do not agree to these Terms, you must not use our Services.
2. Proprietary Technology & Intellectual Property
⚠️ IMPORTANT: Proprietary Features
The following features and technologies are proprietary to Kenostod Blockchain Academy and protected by intellectual property rights:
2.1 Protected Features Include:
- Proof-of-Residual-Value (PoRV) Consensus Mechanism - Our innovative blockchain consensus algorithm
- Residual Value Token (RVT) System - NFT-based perpetual royalty distribution system
- Wealth Builder Program - Complete educational reward and token utility system
- Social Recovery System - Blockchain wallet recovery mechanism
- Transaction Reversal System - Time-limited transaction cancellation feature
- Computational Job Distribution System - AI/ML workload distribution for value generation
- Buy-and-Burn Deflationary Mechanism - Automated token supply management
- Enterprise Client Management System - Corporate training and licensing platform
- Merchant Payment Gateway with 4-Tier Incentive Program
- All associated APIs, code, algorithms, and documentation
2.2 Educational Use Only
Unless you have obtained a separate commercial license, you may use our Services solely for:
- Personal educational purposes
- Learning blockchain technology concepts
- Non-commercial testing and experimentation
- Academic research (with proper attribution)
2.3 Prohibited Commercial Use
WITHOUT A VALID COMMERCIAL LICENSE, you may NOT:
- Use any of our proprietary features in commercial products or services
- Reproduce, modify, or create derivative works based on our technology
- Sell, license, or monetize any part of our proprietary systems
- Reverse engineer or extract our algorithms or code for commercial purposes
- Use our API for commercial applications without authorization
- Integrate our features into third-party commercial platforms
3. Commercial Licensing
If you wish to use any of our proprietary features for commercial purposes, you MUST:
- Contact us to discuss licensing options
- Obtain a written commercial license agreement
- Pay all applicable licensing fees
- Comply with all terms of the commercial license
For licensing inquiries, please visit our Commercial Licensing page.
4. User Accounts & Responsibilities
4.1 Account Security
You are responsible for:
- Maintaining the confidentiality of your wallet private keys
- All activities that occur under your account
- Notifying us immediately of any unauthorized use
4.2 Prohibited Activities
You agree NOT to:
- Violate any laws or regulations
- Infringe on intellectual property rights
- Attempt to gain unauthorized access to our systems
- Interfere with or disrupt our Services
- Use our Services for fraudulent purposes
- Harass, abuse, or harm other users
- Transmit malware, viruses, or harmful code
5. KENO Token — Knowledge Utility Token (KUT)
5.1 Utility Token Classification
KENO is classified as a Knowledge Utility Token (KUT) — a utility token earned through completing educational courses on the Kenostod Blockchain Academy platform. KENO is deployed as a BEP-20 token on Binance Smart Chain (contract: 0x65791E0B5Cbac5F40c76cDe31bf4F074D982FD0E).
KENO is NOT a Security
KENO does NOT represent equity, debt, profit-sharing rights, or ownership in Kenostod Blockchain Academy LLC or any other entity. KENO is NOT an investment contract. No promise or guarantee of financial return is made or implied. KENO is designed for educational utility, platform access, governance participation, and arbitrage access within the Kenostod ecosystem.
5.2 Token Utility
KENO provides the following utility within the Kenostod ecosystem:
- Educational achievement recognition (250 KENO earned per course completed)
- Access to Flash Arbitrage Loan (FAL) features
- Governance voting rights on platform proposals
- Graduate verification and credential access
- Platform feature access and participation
5.3 No Investment Advice
Nothing on this platform constitutes financial, investment, legal, or tax advice. Digital assets carry significant risk. Always do your own research and consult with qualified professionals before making financial decisions.
5.4 No Guarantees
We make no guarantees about:
- The future value of KENO tokens
- Any financial outcomes from token ownership
- The security of blockchain transactions
- The availability of the platform at all times
5A. Regulatory Compliance
5A.1 Company Registration
Kenostod Blockchain Academy LLC is a registered limited liability company in the State of Wyoming, USA (Registration ID: 2026-001863120).
5A.2 Money Services Business
Kenostod Blockchain Academy LLC is registered with the Financial Crimes Enforcement Network (FinCEN) as a Money Services Business (MSB Registration: MRX26-00001866).
5A.3 AML/KYC Compliance
We maintain Anti-Money Laundering (AML) and Know Your Customer (KYC) compliance programs in accordance with the Bank Secrecy Act. This includes:
- Identity verification for users engaging in monetary transactions
- Transaction monitoring and suspicious activity reporting
- OFAC sanctions screening
- Recordkeeping in accordance with applicable regulations
- Cooperation with law enforcement and regulatory authorities
5A.4 User Obligations
Users must provide accurate identity information when required, comply with all applicable laws in their jurisdiction, and cooperate with our compliance procedures. We reserve the right to suspend or terminate accounts that fail compliance checks or are associated with prohibited jurisdictions.
6. Wealth Builder Program
Participation in the Wealth Builder Program is subject to:
- Verification of course completion and quiz scores
- Anti-fraud measures and duplicate prevention
- Compliance with program rules and eligibility requirements
- Our right to modify, suspend, or terminate the program at any time
7. API Usage
API access is subject to:
- Rate limits and usage restrictions
- Licensing requirements for commercial use
- Compliance with our API documentation
- Our right to revoke access for violations
8. Disclaimer of Warranties
OUR SERVICES ARE PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING BUT NOT LIMITED TO:
- Warranties of merchantability
- Fitness for a particular purpose
- Non-infringement
- Accuracy or completeness of content
9. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, KENOSTOD BLOCKCHAIN ACADEMY SHALL NOT BE LIABLE FOR:
- Any indirect, incidental, special, or consequential damages
- Loss of profits, data, or business opportunities
- Damages arising from unauthorized access to your account
- Any damages exceeding the amount you paid us in the past 12 months
10. Indemnification
You agree to indemnify and hold harmless Kenostod Blockchain Academy, its owners, employees, and affiliates from any claims, damages, losses, or expenses arising from:
- Your violation of these Terms
- Your violation of any law or third-party rights
- Your unauthorized commercial use of our proprietary features
- Your use of our Services
11. Modifications to Terms
We reserve the right to modify these Terms at any time. Changes will be effective immediately upon posting. Your continued use of the Services after changes constitutes acceptance of the modified Terms.
12. Termination
We may terminate or suspend your access to our Services immediately, without prior notice, for:
- Violation of these Terms
- Suspected fraudulent activity
- Unauthorized commercial use
- Any other reason at our sole discretion
13. Governing Law
These Terms shall be governed by and construed in accordance with applicable international laws and the laws of the jurisdiction where Kenostod Blockchain Academy operates.
14. Dispute Resolution
Any disputes arising from these Terms or use of our Services shall be resolved through binding arbitration, except where prohibited by law.
15. Severability
If any provision of these Terms is found to be unenforceable, the remaining provisions shall remain in full force and effect.
16. Entire Agreement
These Terms, together with our Privacy Policy and any commercial license agreements, constitute the entire agreement between you and Kenostod Blockchain Academy.