Legal Document

1. Introduction and Acceptance of Terms

These Terms of Use and Service (these "Terms") constitute a legally binding agreement between you ("User," "you," or "your") and Titan Network, an exempted company with limited liability incorporated in the Cayman Islands ("Titan," "we," "us," or "our"), governing your download, installation, access to, and use of the Titan application software, including the Titan Desktop Application, the Titan Browser Extension, the Titan Agent, and any related software, updates, patches, documentation, services, protocols, and network features (collectively, the "Application"), as well as any associated platform, dashboard, wallet, or web interface operated by or on behalf of Titan (the "Platform", and together with the Application, the "Services").

Titan Network may operate through, or in conjunction with, its affiliates and related entities. References in these Terms to "Titan," "we," "us," or "our" refer to Titan Network as the entity that owns and operates the Titan network and platform, and where the context permits, its affiliates and related entities.

PLEASE READ THESE TERMS CAREFULLY BEFORE DOWNLOADING, INSTALLING, OR USING THE APPLICATION. BY DOWNLOADING, INSTALLING, ACCESSING, OR OTHERWISE USING THE APPLICATION OR ANY PART OF THE SERVICES, YOU ACKNOWLEDGE THAT YOU HAVE READ, UNDERSTOOD, AND AGREE TO BE BOUND BY THESE TERMS AND OUR PRIVACY NOTICE. THE INSTALLATION AND LAUNCH OF THE APPLICATION IN ANY FORM CONSTITUTES YOUR FULL AND UNCONDITIONAL CONSENT TO TITAN'S USE OF YOUR DEVICE'S IDLE RESOURCES AND YOUR ACCEPTANCE THAT TITAN BEARS NO LIABILITY FOR THE OPERATION OF THE APPLICATION ON YOUR DEVICE (SEE SECTION 6.5). IF YOU DO NOT AGREE TO ALL OF THESE TERMS, YOU MUST NOT DOWNLOAD, INSTALL, ACCESS, OR USE THE APPLICATION OR THE SERVICES.

These Terms apply to all users of the Services, including without limitation resource providers ("Node Operators" or "Providers"), resource consumers ("Clients"), browser extension users, stakers, validators, and any other participants in the Titan Network ecosystem.

Titan reserves the right to modify these Terms at any time by posting updated Terms on the Platform or within the Application. Your continued use of the Services following any such modification constitutes your acceptance of the modified Terms. It is your responsibility to review these Terms periodically. If any modification is unacceptable to you, your sole remedy is to cease using the Services.

2. Eligibility

By accessing or using the Services, you represent and warrant that:

Titan reserves the right, at its sole discretion, to refuse access to the Services, terminate accounts, or restrict activities for any reason, including without limitation to ensure compliance with applicable laws, regulations, and sanctions regimes.

3. Description of Services

3.1 Overview of the Titan Network

Titan Network is a Decentralised Physical Infrastructure Network ("DePIN") service platform designed to aggregate idle computing resources — including but not limited to bandwidth, storage, compute power, and IP addresses — from globally distributed devices contributed by community members, and to match those resources with enterprise demand. The Network aggregates idle resources from users and organisations, rewarding contributors and offering efficient and reliable services to consumers. The Network is built on a transparent, open-source architecture and is powered by a blockchain-based reward and governance layer built on the Cosmos SDK and Tendermint consensus mechanism.

3.2 The Titan Application

The Application is the software that Users install on their devices (desktops, laptops, mobile devices, servers, or embedded systems) to connect their idle resources to the Titan Network. The Application includes:

3.3 Services Provided via the Network

The Titan Network may be used to provide the following services to enterprise Clients, without limitation:

3.4 Rewards

In consideration for contributing resources to the Titan Network, eligible Users may earn digital tokens or rewards ("Rewards"), which may include $TNT tokens or testnet equivalents (such as TNT4, TTNT, or contribution points). The nature, amount, timing, and distribution mechanics of any Rewards are determined by Titan in accordance with the reward rules and parameters published from time to time on the Platform or in the documentation. Rewards may be subject to lock-up periods, vesting schedules, distribution mechanics, and conversion ratios, each of which may be modified from time to time upon notice to Users. Titan makes no guarantee as to the value, liquidity, convertibility, or availability of any Rewards, tokens, or points.

4. Account Registration and Security

To access certain features of the Services, you may be required to create an account ("Account") and provide accurate, complete, and current registration information, including a valid email address and/or a compatible cryptocurrency wallet address. You are solely responsible for maintaining the confidentiality of your Account credentials, private keys, seed phrases, and passwords, and for all activity that occurs under your Account. You agree to:

Titan shall not be liable for any loss or damage arising from your failure to comply with the foregoing obligations. You acknowledge that the loss of private keys or seed phrases may result in the irreversible loss of access to any associated Rewards or digital assets, and Titan shall bear no liability for any such loss.

5. User Conduct and Acceptable Use

You agree that you shall not, and shall not permit any third party to, use the Services to:

Titan reserves the right to investigate and take appropriate action against anyone who, in Titan's sole discretion, violates this Section, including without limitation removing the offending user from the network, suspending or terminating their Account, withholding or confiscating Rewards, and/or reporting such activity to applicable law enforcement or regulatory authorities.

6. Device and Resource Contribution

6.1 Resource Provisioning

By installing and running the Application, you authorise Titan and its ecosystem participants to utilise idle resources on your device, including but not limited to unused bandwidth, storage capacity, processing power (CPU, GPU), and IP addresses, as part of the Titan Network. You represent and warrant that you have all necessary rights and permissions to contribute such resources, including any permissions required from your internet service provider, employer, landlord, network administrator, or any other relevant third party.

6.2 Isolation and Security

The Application employs virtualisation and containerisation technologies (including, without limitation, VMs, Docker containers, LXC/LXD, WASM sandboxes, QEMU-KVM, Hyper-V, and other isolation technologies) to create sandboxed environments for executing tasks on behalf of enterprise Clients. The Titan Agent standardises resources according to the Titan Protocol and provisions isolated environments based on device configuration and client requirements.

YOU ACKNOWLEDGE AND AGREE THAT NO SECURITY TECHNOLOGY IS INFALLIBLE AND THAT THERE ARE INHERENT RISKS ASSOCIATED WITH RUNNING THIRD-PARTY WORKLOADS ON YOUR DEVICE. TITAN DOES NOT GUARANTEE THAT THE ISOLATION MECHANISMS WILL PREVENT ALL POSSIBLE SECURITY INCIDENTS, INCLUDING UNAUTHORISED ACCESS, DATA BREACHES, OR INTERFERENCE WITH YOUR DEVICE OR LOCAL NETWORK.

6.3 Device Requirements

You are solely responsible for ensuring that your device meets the minimum system requirements published by Titan from time to time, and for maintaining adequate internet connectivity, electrical power, and cooling. Titan is not responsible for any damage to your device, network, or infrastructure arising from your use of the Services, including any increased wear, electricity consumption, or network usage.

6.4 Third-Party Workloads

You acknowledge that the resources you contribute may be used by third-party Clients to run workloads, store data, or route traffic. These workloads may be proprietary, closed-source, and opaque to you. While Titan implements validation and trust-scoring mechanisms (including stability scores and ratings assigned to resources pursuant to the Titan Protocol), Titan does not audit, endorse, or control the content of third-party workloads. You assume all risk associated with the execution of such workloads on your device.

6.5 Consent Upon Installation and Launch

BY INSTALLING, LAUNCHING, OR OTHERWISE RUNNING THE APPLICATION IN ANY FORM — INCLUDING BUT NOT LIMITED TO THE TITAN DESKTOP APPLICATION, THE TITAN BROWSER EXTENSION, THE TITAN AGENT, OR ANY OTHER SOFTWARE CLIENT DISTRIBUTED BY OR ON BEHALF OF TITAN — ON ANY DEVICE, YOU EXPRESSLY AND IRREVOCABLY CONSENT TO TITAN'S USE OF YOUR DEVICE'S IDLE RESOURCES (INCLUDING BANDWIDTH, STORAGE, COMPUTE POWER, AND IP ADDRESSES) IN ACCORDANCE WITH THESE TERMS. THIS CONSENT IS DEEMED GRANTED IN FULL UPON THE FIRST INSTALLATION OR LAUNCH OF THE APPLICATION AND REMAINS IN EFFECT FOR THE DURATION OF THE APPLICATION'S PRESENCE ON YOUR DEVICE. TITAN BEARS NO LIABILITY WHATSOEVER FOR ANY CONSEQUENCES ARISING FROM THE OPERATION OF THE APPLICATION ON YOUR DEVICE, INCLUDING BUT NOT LIMITED TO INCREASED ELECTRICITY CONSUMPTION, HARDWARE WEAR AND DEGRADATION, REDUCED DEVICE PERFORMANCE, NETWORK BANDWIDTH USAGE, DATA EXPOSURE, SECURITY INCIDENTS, INTERFERENCE WITH OTHER SOFTWARE OR SERVICES, OR ANY OTHER DIRECT, INDIRECT, OR CONSEQUENTIAL LOSS OR DAMAGE OF ANY KIND. YOU ACKNOWLEDGE THAT YOU HAVE BEEN GIVEN ADEQUATE NOTICE OF THESE TERMS PRIOR TO INSTALLATION AND THAT YOUR DECISION TO INSTALL AND RUN THE APPLICATION CONSTITUTES FULL, INFORMED, AND VOLUNTARY ACCEPTANCE OF ALL RISKS ASSOCIATED THEREWITH.

7. Tokens, Digital Assets, and Rewards

7.1 Nature of Titan Tokens and Rewards

$TNT tokens are utility tokens that may be issued by Titan or its affiliates. $TNT tokens, testnet tokens (TTNT), test points (TNT1, TNT2, TNT3, TNT4), contribution points, and any other tokens, points, or rewards issued or distributed by or through the Platform or the Network (collectively, "Digital Assets") are intended solely as utility and governance mechanisms for accessing, interacting with, and coordinating the Titan Network ecosystem. In particular, Titan Tokens:

DIGITAL ASSETS ARE NOT SECURITIES, INVESTMENT CONTRACTS, EQUITY, DEBT INSTRUMENTS, OR FINANCIAL INSTRUMENTS OF ANY KIND. TITAN MAKES NO REPRESENTATION OR WARRANTY REGARDING THE CURRENT OR FUTURE VALUE, LIQUIDITY, OR CONVERTIBILITY OF ANY DIGITAL ASSETS.

7.2 No Investment Advice

Nothing in these Terms or on the Platform constitutes investment advice, financial advice, trading advice, or any other sort of professional advice. You should consult your own legal, financial, tax, and other professional advisors before engaging in any transaction involving Digital Assets. Titan expressly disclaims any responsibility for any investment decisions made by Users based on information provided through the Services.

7.3 Testnet Tokens

Testnet tokens (including without limitation TTNT, TNT4, and related test points) are issued solely for the purposes of testing the Titan Network and its consensus mechanism. Testnet tokens are NOT financial assets or securities, have no monetary value, and may be cleared, reset, or invalidated at any time at Titan's sole discretion. Any private trading, purchase, or sale of testnet tokens is strictly at your own risk, is not endorsed or facilitated by Titan, and Titan shall bear no liability for losses incurred as a result of any such activity.

7.4 Reward Distribution and Lock-up

Rewards may be subject to: (i) distribution schedules whereby a portion of daily Rewards is immediately available and the remainder is subject to a lock-up period; (ii) conversion mechanics from testnet to mainnet tokens at ratios and on terms to be determined by Titan; and (iii) eligibility requirements, including node uptime, resource contribution value (RCV), pioneer incentive multipliers, and compliance with these Terms. The specific proportions of immediately available and locked Rewards, the applicable lock-up periods, and the conversion mechanics shall be as published from time to time on the Platform or in the documentation and may be modified at any time upon prior notice to Users. Titan reserves the right to modify reward structures, multipliers, distribution schedules, and lock-up periods at any time.

7.5 Tax Obligations

You are solely responsible for determining what, if any, taxes apply to your receipt, holding, or disposal of Digital Assets and for paying such taxes. Titan does not provide tax advice and shall not be responsible for determining whether taxes apply to your transactions, or for collecting, reporting, withholding, or remitting any taxes arising from any transactions involving Digital Assets.

8. Intellectual Property

8.1 Titan's Intellectual Property

The Services, including the Application (except for open-source components), the Platform, and all associated trademarks, logos, designs, documentation, and proprietary technology (collectively, "Titan IP"), are owned by Titan or its licensors and are protected by intellectual property laws worldwide. These Terms grant you a limited, non-exclusive, non-transferable, revocable licence to use the Application solely for the purposes described herein, subject to your compliance with these Terms. You shall not acquire any ownership interest in any Titan IP, and all rights not expressly granted hereunder are reserved to Titan.

8.2 Open-Source Components

Certain components of the Application, including the Titan Agent, may be released under open-source licences. Your use of such components is subject to the applicable open-source licence terms. Nothing in these Terms limits or restricts your rights under any applicable open-source licence, nor does anything in these Terms grant you any additional rights with respect to open-source components beyond those provided in the applicable open-source licence.

8.3 User Content

By submitting, uploading, or transmitting any content through the Services ("User Content"), you grant Titan a non-exclusive, worldwide, royalty-free, sublicensable, and transferable licence to use, copy, modify, distribute, display, and process such User Content solely in connection with operating and improving the Services. You represent and warrant that you have all necessary rights and permissions to grant this licence and that your User Content does not violate any third party's rights.

9. Privacy and Data Protection

Your privacy is important to us. Our collection, use, storage, and disclosure of personal data is governed by our Privacy Notice, which is incorporated herein by reference. By using the Services, you consent to the collection and use of your information as described in the Privacy Notice.

You acknowledge that the decentralised nature of the Titan Network means that certain data (including device metadata, IP addresses, resource contribution data, and transaction records) may be transmitted across multiple jurisdictions and recorded on a distributed ledger. Titan uses commercially reasonable efforts to protect the confidentiality and security of your personal data, but cannot guarantee the security of data transmitted over the internet or stored on decentralised networks.

10. Disclaimers

THE SERVICES ARE PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, STATUTORY, OR OTHERWISE. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, TITAN AND ITS AFFILIATES, DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, LICENSORS, AND SERVICE PROVIDERS (COLLECTIVELY, THE "TITAN PARTIES") EXPRESSLY DISCLAIM ALL WARRANTIES, INCLUDING WITHOUT LIMITATION:

You acknowledge and agree that your use of the Services is at your sole risk. You are solely responsible for any damage to your device, data loss, or other harm that results from your use of the Services.

Titan does not control, endorse, or assume any responsibility for the actions, products, or content of any third parties, including enterprise Clients whose workloads may be executed on your device. You acknowledge that the digital asset industry is subject to significant regulatory uncertainty, market volatility, and technological risk.

11. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, IN NO EVENT SHALL THE TITAN PARTIES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, PUNITIVE, OR EXEMPLARY DAMAGES, INCLUDING WITHOUT LIMITATION DAMAGES FOR LOSS OF PROFITS, GOODWILL, DATA, DIGITAL ASSETS, USE, OR OTHER INTANGIBLE LOSSES (EVEN IF THE TITAN PARTIES HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES), ARISING OUT OF OR IN CONNECTION WITH:
TO THE MAXIMUM EXTENT PERMITTED BY APPLICABLE LAW, THE TOTAL AGGREGATE LIABILITY OF THE TITAN PARTIES FOR ALL CLAIMS ARISING OUT OF OR RELATING TO THESE TERMS OR YOUR USE OF THE SERVICES SHALL NOT EXCEED THE GREATER OF: (A) THE AMOUNT OF REWARDS ACTUALLY RECEIVED BY YOU FROM TITAN IN THE TWELVE (12) MONTHS PRECEDING THE EVENT GIVING RISE TO THE CLAIM; OR (B) ONE HUNDRED US DOLLARS (US $100.00).

The limitations set forth in this Section shall apply regardless of the form of action, whether based in contract, tort (including negligence), strict liability, or any other legal or equitable theory, and whether or not the Titan Parties were advised of the possibility of such damages. Some jurisdictions do not allow the exclusion or limitation of certain damages, so some of the above limitations may not apply to you. In such jurisdictions, the liability of the Titan Parties shall be limited to the fullest extent permitted by law.

12. Indemnification

You agree to indemnify, defend, and hold harmless the Titan Parties from and against any and all claims, demands, actions, suits, proceedings, losses, damages, liabilities, costs, and expenses (including reasonable attorneys' fees and legal costs) arising out of or relating to:

Titan reserves the right, at its own expense, to assume the exclusive defence and control of any matter subject to indemnification by you, in which event you will cooperate with Titan in asserting any available defences.

13. Sanctions and Compliance

13.1 Sanctions

You acknowledge that Titan is subject to the sanctions regimes applicable to the Cayman Islands, which are the same as the sanctions provisions of the United Kingdom as automatically extended to the Cayman Islands by UK statutory instrument. You represent, warrant, and undertake that:

13.2 Voluntary Compliance Measures

Although Titan's activities as the operator of the Network do not constitute "relevant financial business" for the purposes of the anti-money laundering regime of the Cayman Islands, and accordingly Titan is not required to carry out customer due diligence under the Cayman Islands Proceeds of Crime Act (As Revised) and associated regulations, Titan may nonetheless elect, in its sole discretion, to implement risk-based know-your-customer ("KYC") and sanctions-screening procedures with respect to Users of the Services. You agree to cooperate with any such procedures, including by providing identity verification documents and information as requested by Titan.

13.3 Restricted Jurisdictions

Titan may restrict access to the Services from certain jurisdictions at any time and in its sole discretion. It is your responsibility to ensure that your use of the Services complies with all laws and regulations applicable to you in your jurisdiction of residence and any other applicable jurisdiction.

14. Dispute Resolution and Governing Law

14.1 Governing Law

These Terms and any dispute arising out of or in connection with these Terms or the Services (including non-contractual disputes) shall be governed by and construed in accordance with the laws of the Cayman Islands, without regard to conflict of law principles.

14.2 Arbitration

Any dispute, controversy, or claim arising out of or relating to these Terms, including the breach, termination, or invalidity thereof, shall be settled by binding arbitration administered by the International Chamber of Commerce (ICC) in accordance with its Arbitration Rules then in effect. The seat of arbitration shall be the Cayman Islands (or such other neutral jurisdiction as the parties may agree). The arbitration shall be conducted by a single arbitrator appointed in accordance with the ICC Rules. The language of the arbitration shall be English. The award rendered by the arbitrator shall be final and binding upon the parties and may be entered in any court having jurisdiction thereof.

14.3 Waiver of Class Actions

TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, YOU AGREE THAT ANY DISPUTE RESOLUTION PROCEEDING WILL BE CONDUCTED ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS, CONSOLIDATED, OR REPRESENTATIVE ACTION. YOU HEREBY WAIVE ANY RIGHT TO PARTICIPATE IN A CLASS ACTION LAWSUIT OR CLASS-WIDE ARBITRATION AGAINST THE TITAN PARTIES.

14.4 Injunctive Relief

Notwithstanding the foregoing arbitration provisions, either party may seek injunctive or other equitable relief in any court of competent jurisdiction to prevent the actual or threatened infringement, misappropriation, or violation of intellectual property rights or to enforce confidentiality obligations.

15. Termination and Suspension

You may stop using the Services and terminate your Account at any time by uninstalling the Application and notifying Titan (if applicable). Titan may suspend or terminate your access to the Services, in whole or in part, at any time and for any reason (or no reason), including without limitation if:

Upon termination: (i) all rights and licences granted to you under these Terms shall immediately cease; (ii) you must promptly uninstall and delete all copies of the Application; (iii) any accrued but unpaid or locked Rewards may be forfeited or remain subject to lock-up at Titan's discretion; and (iv) Sections 7, 8, 10, 11, 12, 13, 14, 16, 17, 18, and 19 shall survive termination.

16. Risk Factors and Acknowledgements

By using the Services, you acknowledge and accept the following risks:

17. Force Majeure

Titan shall not be liable for any failure or delay in the performance of its obligations under these Terms to the extent such failure or delay is caused by events beyond its reasonable control, including but not limited to acts of God, natural disasters, epidemics, pandemics, war, terrorism, riots, government actions, sanctions, embargoes, power failures, internet outages, cyberattacks, blockchain network congestion, protocol failures, smart contract exploits, changes in law or regulation, and any other circumstances beyond Titan's reasonable control.

18. Third-Party Services and Links

The Services may contain links to or integrations with third-party websites, applications, protocols, smart contracts, or services (collectively, "Third-Party Services"), including decentralised exchanges, wallets, bridges, and other DeFi protocols. Titan does not control, endorse, or assume any responsibility for any Third-Party Services or their content, privacy practices, or terms. Your interactions with Third-Party Services are solely between you and the applicable third party, and you access and use Third-Party Services at your own risk. Titan shall not be liable for any loss or damage arising from your use of any Third-Party Services.

19. General Provisions

19.1 Entire Agreement

These Terms, together with the Privacy Notice and any other policies, guidelines, or rules referenced herein, constitute the entire agreement between you and Titan with respect to the subject matter hereof and supersede all prior or contemporaneous communications, agreements, and understandings, whether written or oral.

19.2 Severability

If any provision of these Terms is held by a court or arbitrator of competent jurisdiction to be invalid, illegal, or unenforceable, such provision shall be modified to the minimum extent necessary to make it enforceable, and the remaining provisions of these Terms shall continue in full force and effect.

19.3 Waiver

The failure of Titan to enforce any right or provision of these Terms shall not constitute a waiver of such right or provision. Any waiver of any provision of these Terms shall only be effective if in writing and signed by an authorised representative of Titan.

19.4 Assignment

You may not assign or transfer these Terms or any rights or obligations hereunder, by operation of law or otherwise, without the prior written consent of Titan. Titan may freely assign or transfer these Terms, in whole or in part, to any affiliate or to any third party, without restriction. Subject to the foregoing, these Terms shall be binding upon and inure to the benefit of the parties and their respective successors and permitted assigns.

19.5 Notices

Titan may provide notices to you by posting on the Platform, sending an email to the address associated with your Account, or through the Application. You are deemed to have received such notice upon posting, transmission, or delivery (as applicable). Notices to Titan must be sent to the address set out in Section 20.

19.6 No Third-Party Beneficiaries

These Terms do not create any third-party beneficiary rights in any individual or entity that is not a party to these Terms, except that the Titan Parties are intended third-party beneficiaries of Sections 10, 11, 12, and 13.

19.7 Language

These Terms are drafted in the English language. In the event of any conflict between the English version and any translation, the English version shall prevail.

19.8 Relationship of the Parties

Nothing in these Terms shall be construed to create a partnership, joint venture, agency, franchise, or employment relationship between you and Titan. You are an independent contractor and not an employee, agent, or representative of Titan. You have no authority to bind Titan in any respect.

19.9 Headings

The section headings in these Terms are for convenience only and shall not affect the interpretation of these Terms.

20. Contact Information

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

Titan Network
Harbour Place, 2nd Floor, 103 South Church Street,
P.O. Box 472, George Town, Grand Cayman KY1-1106
Cayman Islands

Email: legal@titannet.io

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