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Daniel Barabander
@dbarabander
I am unaware of an area of law with more bang for its buck for crypto apps than a website’s terms of service. I know terms of service are not the most exciting thing in the world, but if done right, they can make a huge difference in legal liability exposure. The key issue apps run into in this area of law is whether the terms are enforceable on the app’s users. So, I looked into tips for increasing the likelihood of enforceability. Here’s a thread with the TLDR.
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Daniel Barabander
@dbarabander
Generally speaking, the “gold standard” for terms of service is a “clickwrap” or “scrollwrap” (I’m treating these as similar things, but different people call these different things). This is when the app presents the full terms, and users click a box saying they’ve read and agree to them. As one court put it: “To ensure that an online agreement passes muster, clickwrap is the safest choice.”
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alli
@alli
slay dan
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Matthew Fox 🌐
@matthewfox
Pure unadulterated gold
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Greg Lang
@designheretic
imo terms are a source of missed opportunity to build brand equity by selectively assuming certain liabilities that could be technically avoided if written to do so—especially vis-à-vis privacy policies Thoughts on the idea? Know any projects that have intentionally assumed legal risk for the sake of customers?
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xh3b4sd ↑
@xh3b4sd.eth
I would like to know what my terms of service should say.
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Andy
@takedown99
The key issue is whether users agree to the terms, making them enforceable and protecting the platform from liability.
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Eduardo Jackson
@stephanie55
Terms of service in crypto apps can have significant legal implications. Enforceability is key for protecting against liability
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Locked In (On Fire)
@chaplino
Thanks for making me smorter 2000 $degen
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Ordi
@zhena
Wo
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