Terms & disclaimer

Placeholder — pending legal review (devnet)

What Ascending is

Ascending is an experimental social platform where each “take” is an opinion represented by a token that trades on its own on-chain bonding curve. The price of a take reflects nothing but market demand for that opinion.

What it is not

  • It is not gambling. There is no house, no wager, no game of chance, and no counterparty betting against you. Every trade goes through a deterministic bonding curve.
  • It is not a prediction market. Tokens never resolve, settle, or pay out based on any real-world event or outcome. They simply trade on sentiment.
  • It is not an investment. Opinion tokens have no intrinsic value, represent no ownership, equity, debt, or claim, and are not securities.

Risk

Trading opinion tokens is speculative and you can lose the entirety of what you put in. Prices can move sharply. The SOL backing a curve lives in a non-custodial on-chain reserve controlled only by the curve program — the operator cannot access it — but that does not protect you from market losses. Only transact with value you can afford to lose.

Fees

The operator earns a flat fee when a take is minted and a small percentage fee on each buy and sell. Fees are separate from, and never commingled with, the reserve that backs each curve.

Content & conduct

Hateful, threatening, doxxing, or illegal content is prohibited and may be hidden or removed, and wallets may be suspended. Use the report control to flag violations. You are responsible for the takes you mint and the comments you post.

Availability

This deployment runs on Solana devnet with test SOL and no real-money value. Access may be geographically restricted and may require identity verification where required by law.

TODO(legal): full Terms of Service, Privacy Policy, and jurisdiction-specific disclosures to be finalized with counsel before mainnet.