Search4BTC: Terms of Service

Effective Date: July 1, 2025

Welcome to Search4BTC. These Terms of Service ("Terms") govern your access to and use of the Search4BTC platform ("Platform") and the Search4BTC token ("Token" or "S4B"). By accessing or using the Platform, you ("User" or "Contributor" or "you") agree to be bound by these Terms. If you do not agree, you must not use the Platform.

1. Introduction

Search4BTC is a distributed platform enabling Users to contribute computing power to solve cryptographic Bitcoin puzzles. Users may earn S4B tokens for their efforts and, if a puzzle is solved, share in any associated Bitcoin (BTC) prizes. These Terms define the rights and obligations of Users and Search4BTC.

2. Definitions

"Search4BTC": The distributed platform for solving Bitcoin puzzles.
"Search4BTC Token" or "Token" or "S4B": The Search4BTC utility token used within the Search4BTC ecosystem.
"User" or "Contributor": Any individual or entity using the Platform.
"Bitcoin Puzzle": A cryptographic challenge to find a private key for a Bitcoin address with a BTC prize.
"BTC": Bitcoin, a decentralized cryptocurrency.
"XRPL": The XRP Ledger, on which Search4BTC Tokens are issued.

3. User Agreement

By using the Platform, you agree to:

Provide accurate information, including a XRPL wallet address with trust line set to Search4BTC's issuer address for the purposes of Sign In and S4B token rewards.
Comply with all applicable laws and these Terms.
Refrain from actions that harm the Platform or other Users.
Accept all risks outlined in these Terms.

4. Search4BTC (S4B) Token

4.1 Utility Token Nature

The S4B Token is a utility token designed to incentivize and facilitate participation in the Search4BTC ecosystem. It is awarded to Users for contributing computing power to solve Bitcoin puzzles and serves specific functions within the Platform.

4.2 Not an Investment or Security

The Token is not an investment, security, or equity in Search4BTC or any entity. It does not offer ownership, profit expectation, or financial return. Its purpose is tied solely to Platform participation, not investment.

4.3 No Inherent Worth

The Token has no inherent value outside its utility in the Search4BTC ecosystem. Its worth is limited to its role within the Platform, and Search4BTC makes no claims about its external value.

4.4 Token Use

Tokens may be used within the Platform to:

Track User contributions.
Access potential future features, as determined by Search4BTC.
Redeem for XRP from reserves upon puzzle resolution, subject to the processes and rates outlined in these Terms.

The Token is not redeemable for fiat currency or BTC directly.

4.5 Token Issuance and Economics

S4B Tokens are issued on the XRP Ledger (XRPL) from the Search4BTC issuer address rs4bPCyBXi331JywaAGkSMC6ihGii3SBBp and delivered via payments from the Search4BTC operational address rs4bVWYsTzJfNBs3NNC5b6xBxtR4Mz6oao. Users accrue 0.000040 S4B Tokens for each verified batch completion, representing a proportional share of computational contributions. Token supply adjusts dynamically based on total batches processed, with a fixed cap equal to the size of the target (puzzle) key space range. Search4BTC retains up to 10% of solved BTC prizes as operational reserves for platform sustainability and infrastructure development.

4.6 Token Redemption and Settlements

Upon resolution of the target (puzzle) and deposit of the corresponding funds into the Search4BTC reserve, users may redeem S4B Tokens for XRP by burning them (sending back to the Search4BTC issuer address rs4bPCyBXi331JywaAGkSMC6ihGii3SBBp on the XRPL). Redemptions begin within 24 hours of a puzzle resolution, drawing from XRP reserves funded by liquidated BTC prizes (net of 10% operational deduction). The redemption exchange rate is calculated as Reserve XRP / (Total Awarded S4B - Total Settled S4B). User share is determined proportionally: (User S4B Burned / Total S4B Burned) * Available XRP Reserve. Settlements are executed as batched XRPL Payments, and rates may fluctuate based on reserve growth, awarded S4B increases, or settled S4B changes. It is unknown how off-platform speculation, e.g., spot price on DEX/AMM, will affect these Terms. Search4BTC makes no indication in that regard whatsoever.

5. No Guarantee of Puzzle Solving or Rewards

5.1 Uncertainty of Puzzle Solving

Search4BTC does not guarantee that any Bitcoin puzzles will be solved. Success depends on factors beyond our control, including:

User-contributed computing power.
Puzzle complexity.
Cryptographic unpredictability.

5.2 No Assurance of BTC Rewards

Rewards in S4B Tokens are accrued at a fixed rate of 0.000040 per batch but are subject to XRPL network fees and availability. Upon puzzle resolution, XRP distributions are proportional and net of operational retentions, with no assurance of value due to market fluctuations or unsolved puzzles.

There is no assurance of BTC prizes. Even if a puzzle is solved, reward distribution is not guaranteed and follows Platform-specific rules.

5.3 User Acknowledgment

Users acknowledge that:

Participation offers no financial return guarantee.
The goal is collaborative computation, not profit.

6. Risks and Disclaimers

6.1 General Risks

No puzzles solved, yielding no redeemable rewards.
Token having no value outside the Platform.
Technical failures or disruptions.
Evolving regulatory impacts on blockchain technology.
Fluctuations in redemption rates due to changes in awarded S4B, settled S4B, or reserve XRP levels.
Delays in settlements beyond 24 hours due to XRPL network congestion or operational issues.
Loss of rewards from unburned S4B or unclaimed redemptions post-settlement.

6.2 Disclaimer of Liability

Search4BTC disclaims liability for losses or damages related to:

Platform use.
Compromised keys.
Puzzle-solving outcomes.
Token value or utility.
Technical or security issues.
Lost keys or failed payouts.

6.3 No Warranties

The Platform and Token are provided "as is," without warranties of any kind.

7. Compliance with Laws

Users must ensure their use of the Platform and Token complies with all applicable laws in their jurisdiction, including those related to cryptocurrency and securities.

8. Intellectual Property

Search4BTC or its licensors own all Platform intellectual property (e.g., trademarks, software). Users receive a limited, non-exclusive license to use the Platform per these Terms.

9. Termination

Search4BTC may terminate or suspend User access at any time for reasons including:

Violation of these Terms.
Fraudulent or illegal activity.
Harm to the Platform or Users.

10. Governing Law and Jurisdiction

These Terms are governed by the pervailing, regional laws specific to each User.

11. Changes to Terms

Search4BTC may update these Terms. Users will be notified of material changes by updates to this page, and continued use constitutes acceptance.

12. Entire Agreement

These Terms are the full agreement between Search4BTC and Users, superseding prior understandings.

13. Contact Information

For questions, contact:

Email: admin ( at ) search4btc.com
Website: https://search4btc.com

By using Search4BTC, you confirm you have read, understood, and agreed to these Terms.