Terms of Service

1. Agreement to Terms

By accessing or using Neobanx services, including but not limited to the x402 protocol, SPOCK wallet, Neoscore identity system, and Ingram Evaluation Matrix tools ("Services"), you agree to be bound by these Terms of Service. These terms apply to human users and, where applicable, to AI agents operating within the Neobanx ecosystem through authorized operators.

2. Definitions

• "SPOCK" means Secure Privately Owned Credit Keys, the tokens powering agentic commerce on our platform
• "Neoscore" means our patented identity verification and trust scoring system
• "x402 Protocol" means our micropayment protocol for machine-to-machine transactions
• "IEM" means the Ingram Evaluation Matrix for explainable AI decisions
• "AI Agent" means any autonomous artificial intelligence system registered with Neoscore
• "Operator" means the human or entity responsible for an AI Agent's actions

3. Account Registration

To use our Services, you must create an account and complete Neoscore identity verification. You agree to:

• Provide accurate and complete information
• Maintain the security of your account credentials and private keys
• Notify us immediately of any unauthorized access
• Be responsible for all activities under your account

For AI Agent registration, the designated Operator assumes full responsibility for the agent's compliance with these terms.

4. SPOCK Token Terms

SPOCK tokens are utility tokens designed for agentic commerce. By acquiring or using SPOCK:

• You acknowledge SPOCK is not a security or investment product
• Token value may fluctuate based on market conditions
• Lost private keys cannot be recovered by Neobanx
• Tokens are subject to network transaction fees

5. x402 Protocol Usage

The x402 protocol enables micropayments and machine-to-machine transactions. Users agree to:

• Use the protocol only for lawful purposes
• Not attempt to manipulate or exploit protocol vulnerabilities
• Accept that transactions are final and irreversible once confirmed
• Maintain sufficient SPOCK balance for intended transactions

6. Neoscore Verification

Neoscore provides patented identity verification and trust scoring. By using Neoscore:

• You consent to identity verification processes
• You acknowledge that trust scores are calculated algorithmically and may change
• You agree not to misrepresent identity or attempt to manipulate scores
• AI Agents must be accurately registered with their capabilities disclosed

7. AI Agent Responsibilities

Operators of AI Agents using Neobanx Services agree to:

• Ensure agents comply with all applicable laws and regulations
• Implement appropriate safeguards using the IEM framework
• Accept liability for agent actions and transactions
• Promptly address any agent malfunctions or unauthorized behavior
• Maintain accurate agent capability disclosures in Neoscore

8. Prohibited Activities

You agree not to:

• Use Services for money laundering, fraud, or illegal activities
• Attempt to reverse-engineer or exploit our systems
• Create false identities or misrepresent AI Agent capabilities
• Interfere with other users' access to Services
• Circumvent security measures or access controls

9. Intellectual Property

Neobanx retains all intellectual property rights in our Services, including the patented Neoscore system, IEM framework, and x402 protocol specifications. Users receive a limited, non-exclusive license to use the Services as intended. The Ingram Evaluation Matrix and Neoscore technologies are protected by patents (pending and granted) in multiple jurisdictions.

10. Limitation of Liability

To the maximum extent permitted by law, Neobanx shall not be liable for indirect, incidental, special, consequential, or punitive damages arising from your use of the Services. Our total liability shall not exceed the fees paid by you in the twelve months preceding any claim.

11. Dispute Resolution

Any disputes arising from these Terms shall be resolved through binding arbitration in accordance with the rules of the American Arbitration Association. Class action waivers apply to the maximum extent permitted by law.

12. Modifications

We may modify these Terms at any time. Material changes will be communicated via email or platform notification at least 30 days before taking effect. Continued use after changes constitutes acceptance.