Terms, policies and risk disclosures.

Important notice

Terms of Use

1. Who we are

This website is operated by Cockroach Chain LLC, a company registered in the Republic of Panama with registration (folio) number Coming soon and registered office at Coming soon, Panama City (“we”, “us”). Cockroach Chain itself is a decentralised, open-source network run by independent validators. We do not control the network, and no single party can.

2. Eligibility

You must be at least 18 years old (or the age of majority where you live), have full legal capacity, and not be a person or resident of a restricted jurisdiction or on any sanctions list. You are responsible for making sure your use is lawful where you are.

3. Self-custody

Cockroach Chain is non-custodial. You alone control your wallet, private keys and seed phrase. We never ask for them and cannot recover them. Anyone asking for your seed phrase is a scammer.

4. No advice and no guarantee

All content is for general information only. Figures, charts, calculators and examples are illustrations based on current protocol parameters and can change at any time.

5. Acceptable use

You must not use the website or network for money laundering, terrorist financing, fraud, sanctions evasion, market manipulation, illegal goods or services, infringement of others’ rights, or any attack on the network, website or other users.

6. Third-party services

Wallets, exchanges, bridges, explorers, RPC providers and dApps are run by third parties. We do not endorse them and are not responsible for their availability, security, fees or conduct.

7. Intellectual property

Website text, design, the Cockroach Chain name and logo belong to us or our licensors. Open-source code is licensed separately under the licences listed below.

8. Disclaimer of warranties

The website, software and network are provided “as is” and “as available”, without warranties of any kind, including merchantability, fitness for a particular purpose, non-infringement, uninterrupted operation or freedom from errors.

9. Limitation of liability

To the maximum extent allowed by law, we and our directors, employees, contributors and validators are not liable for any indirect, incidental, special, consequential or punitive loss, or for loss of profits, tokens, data or goodwill, arising from your use of the website, software or network. Where liability cannot be excluded, our total liability is limited to USD 100.

10. Indemnity

You agree to indemnify us against claims, losses and costs arising from your breach of these terms or of any law.

11. Governing law and disputes

These terms are governed by the laws of the Republic of Panama. Disputes will be resolved by binding arbitration under the rules of the Conciliation and Arbitration Center of Panama (CeCAP), seated in Panama City, in English. Nothing here limits rights you have under mandatory consumer law.

12. Changes

We may update these terms. The date at the top of this page shows the latest version. Continued use means you accept the updated terms.

Privacy Policy

Data controller

Cockroach Chain LLC, Republic of Panama. Contact contact@cockroachchain.com.

What we collect

• Information you give us: email for updates, validator applications (name, company, contact, node details), support messages.
• Public sale participants only: identity documents, proof of address, date of birth, nationality and wallet address, collected by our KYC provider Coming soon for anti-money-laundering checks.
• Technical data: IP address, browser type, device and pages visited, through essential cookies and privacy-friendly analytics.

Blockchain data is public

Transactions, addresses, balances, stakes and governance votes on Cockroach Chain are public and permanent. We cannot change or delete on-chain data. Avoid linking your identity to an address unless you are comfortable with that being public.

Why we use it

• To run and secure the website (legitimate interest).
• To send updates you asked for (consent; unsubscribe at any time).
• To review validator applications (contract / legitimate interest).
• To meet KYC, AML, sanctions and tax obligations (legal obligation).

Sharing

We share data only with service providers acting for us (hosting, email, KYC, analytics), professional advisers, and authorities where the law requires. We never sell personal data.

International transfers

Data may be processed outside your country. Where required we use appropriate safeguards such as standard contractual clauses.

Retention

Marketing data until you unsubscribe; validator applications for 24 months; KYC records for the period required by AML law (usually 5 years after the relationship ends).

Your rights

Depending on where you live (for example under Panama’s Law 81 of 2019 on personal data protection, the EU/UK GDPR, India’s Digital Personal Data Protection Act 2023, or the UAE Personal Data Protection Law), you may have the right to access, correct, delete, restrict or port your data, withdraw consent and complain to a regulator. Write to contact@cockroachchain.com. These rights do not apply to public blockchain data we do not control.

Children

The website is not meant for anyone under 18 and we do not knowingly collect their data.

Cookie Policy

We use a small number of cookies:

You can change your choice at any time from the cookie banner or your browser settings.

Risk Disclosure

Using Cockroach Chain or holding COCKROACH involves serious risks, including:

• Market risk. The price can fall sharply or to zero. There may be no buyer when you want to sell. Listing on any exchange is not guaranteed.
• Reward risk. Staking rewards are paid in COCKROACH. If the price falls, the value of rewards can be lower than your losses. Rates change with the bonded ratio, yearly step-down and governance.
• Inflation risk. New tokens are created as staking rewards. Holders who do not stake are diluted.
• Slashing risk. Validators that double-sign or stay offline can be slashed, and delegators to that validator lose part of their stake too.
• Liquidity risk. Unbonding takes 7 days, during which tokens earn nothing and cannot be moved.
• Technology risk. Software, smart contracts, precompiles, bridges and wallets can contain bugs or be attacked. Audits reduce but never remove this risk.
• Key risk. Lost or stolen private keys cannot be recovered. Transactions cannot be reversed.
• Governance risk. Token holders can vote to change parameters, upgrade the chain, or freeze addresses. Outcomes may go against your interests.
• Regulatory risk. Laws on digital assets are changing. New rules could restrict the token, the sale, exchanges or staking in your country, or change how they are taxed.
• Concentration risk. Early allocations to team, treasury and investors are large; their sales could affect the price.
• Project risk. Roadmap items may be delayed, changed or never delivered.

Token Disclaimer

COCKROACH is the native token of Cockroach Chain. It is used to pay gas, to stake and secure the network, and to vote in on-chain governance.

• It is not issued as an investment, and buyers should not expect profit from the efforts of others.
• It carries no equity, debt, dividend, revenue-share, redemption or buy-back right, and no claim against any company or person.
• There is no maximum supply. New tokens are created by staking rewards and some are removed by fee burns. Supply figures shown on this site are projections.
• Token allocation, vesting and lock-up terms are published in the tokenomics documentation and may be updated before genesis.
• Any reference to price (including the USD 10.00 public sale price) is the sale price only, not a valuation or a prediction of market price.

Public Sale Terms

Status

No sale is open yet. Dates, caps and final terms will be published in a separate Token Sale Agreement. If anything here differs from that agreement, the agreement prevails.

Eligibility and KYC

Every buyer must pass identity verification (KYC), anti-money-laundering, source-of-funds and sanctions screening before buying. We may refuse or cancel any purchase without giving a reason.

Restricted jurisdictions

The sale is not offered to citizens, residents or entities of: the United States and its territories; any country or region under comprehensive UN, US (OFAC), EU or UK sanctions (including Cuba, Iran, North Korea, Syria and the Crimea, Donetsk and Luhansk regions); Coming soon; or any place where the sale would be unlawful or require a licence or registration we do not hold. Using a VPN or nominee to get around this is prohibited.

European Union

The sale will not be offered to the public in the EU/EEA unless a crypto-asset white paper has been prepared and notified as required under the Markets in Crypto-Assets Regulation (MiCA).

Payment, delivery and refunds

Accepted payment methods, delivery timing and any lock-up or vesting will be stated in the Token Sale Agreement. Purchases are final and non-refundable except where the agreement or mandatory law says otherwise.

Use of funds

Sale proceeds will be used for development, security audits, ecosystem growth, exchange liquidity and operations, as described in the tokenomics documentation.

Staking and Validator Terms

• Staking is done directly on-chain from your own wallet. We never hold your tokens.
• Validator commission is fixed by the protocol at 10% for all validators.
• Unbonding takes 7 days for everyone.
• Standby validators with a minimum self-stake of 5,000 COCKROACH earn rewards only for hours in which they submit a valid heartbeat. Jailed or tombstoned validators earn nothing.
• Validators are independent operators, not our employees or agents. You choose whom to delegate to at your own risk.
• Validators must follow the laws that apply to them, including any licensing, tax and data-protection rules in their own country.
• Rewards shown in calculators are estimates before gas-fee income and do not account for slashing, downtime, price changes or tax.

Governance and Network Actions

Cockroach Chain is governed by COCKROACH stakers through on-chain proposals. Passed proposals can change parameters (including reward rates, gas settings and burn share), upgrade software, spend from the community pool or freeze specific addresses.

• Address freezes are used against stolen funds, sanctioned addresses or exploits. A freeze stops future transfers; it does not reverse past transactions.
• Neither we nor any single validator can freeze, move or reverse funds on our own.
• Proposals by the team are suggestions only; holders decide. We are not responsible for governance outcomes.

Developer and Testnet Terms

• Testnet tokens have no monetary value, cannot be sold, and may be reset at any time. Do not buy or sell them.
• Code samples, SDKs and documentation are provided “as is”. Audit your own contracts before deploying to mainnet.
• You are solely responsible for the contracts and applications you deploy and for complying with laws that apply to them.

Open-Source Licences

Cockroach Chain is built on open-source software. We keep all copyright notices and publish our modifications in our public repository Coming soon.

Full licence texts and the NOTICE file are included in the source repository. The Cockroach Chain name and logo are not covered by these licences.

Sanctions and Anti-Money-Laundering

Cockroach Chain LLC follows Panama’s anti-money-laundering law (Law 23 of 2015). We screen sale participants and validator applicants against UN, US (OFAC), EU, UK and other applicable sanctions and watch lists. We may report suspicious activity to Panama’s Financial Analysis Unit (UAF) or other competent authorities and cooperate with lawful requests from authorities. Governance may vote to freeze addresses linked to sanctions or crime.

Tax and Regulatory Notes

You are responsible for your own taxes. Rules differ by country; some examples:

• Panama: Cockroach Chain LLC is taxed on a territorial basis; income from outside Panama is generally not taxed there. This does not affect the tax you owe in your own country.
• India: income from transferring virtual digital assets is taxed at 30% with no loss set-off, and 1% TDS applies on transfers above the threshold. Staking rewards may be taxed as income when received. Service providers dealing in VDAs must register with FIU-IND.
• United Arab Emirates: virtual-asset activities in or from Dubai may need a licence from the Virtual Assets Regulatory Authority (VARA); other emirates and free zones have their own regulators.
• European Union: public offers and crypto-asset services are regulated under MiCA.
• United States: the sale is not offered to US persons.

These notes are general and may be out of date. Get advice from a qualified tax or legal professional in your country.

Forward-Looking Statements

Roadmaps, projections, supply charts, reward schedules and other statements about the future are plans and estimates, not promises. Actual results may differ materially because of technical, market, regulatory and governance factors. We have no duty to update them.

Contact and Legal Entity