Terms of Service

Last updated: May 24, 2026

1. Acceptance of Terms

These Terms of Service form a binding legal agreement between you ("you", "User") and Swarming Labs LTD ("Sparkling", "we", "us"), governing your access to and use of the Sparkling website, Sparkling Telegram bot, and associated applications or services (collectively, the "Service").

By accessing or using the Service, you confirm that you have read, understood, and agree to be bound by these Terms and our Privacy Policy.

2. Definitions

• "Assistant" means a rule-based automated strategy you configure within the Service to monitor markets and propose Transactions for your approval.
• "Digital Asset" means any cryptocurrency, token, or other blockchain-based asset supported by the Service.
• "Transaction" means any swap, perpetual position, prediction-market position, transfer, or other on-chain action initiated through the Service.

3. Compliance with Bangladesh Law

You acknowledge and agree that, according to the regulations of the Bangladesh Bank, cryptocurrency is not recognized as legal tender within the territory of the People's Republic of Bangladesh. Transactions involving virtual assets are subject to strict regulations under the Foreign Exchange Regulation Act, 1947, and the Money Laundering Prevention Act, 2012. Your use of this Service is entirely at your own risk as a form of personal digital asset management, and you are solely responsible for ensuring compliance with all applicable local laws.

4. Nature of the Service

Sparkling is a self-custody AI assistant software interface. Sparkling is NOT a bank, broker-dealer, investment adviser, money transmitter, or custodian. We do not hold your funds or private keys. All Transactions require your explicit confirmation. The assistant does not execute Transactions without your approval.

5. Risk Disclosures

You acknowledge and accept the following risks:

• Market Risk: Digital Asset prices are highly volatile. You may lose some or all of your funds. We do not guarantee any profits.
• Smart Contract Risk: Transactions interact with smart contracts on public blockchains, which may contain bugs or vulnerabilities.
• Irreversibility: On-chain Transactions are irreversible once broadcast and confirmed.
• Regulatory Risk: The legal status of digital assets in Bangladesh is restrictive. Engaging in such activities may carry significant legal and financial risks.

6. User Obligations

You agree to comply with all applicable laws and regulations. You will not engage in market manipulation, money laundering, or any activity intended to artificially affect prices or violate local financial regulations.

7. Intellectual Property

The Service, including all software, designs, text, and logos, is owned by Swarming Labs LTD or our licensors. We grant you a limited, non-exclusive, non-transferable license to access and use the Service for your personal, non-commercial use.

8. Limitation of Liability

TO THE MAXIMUM EXTENT PERMITTED BY LAW, SWARMING LABS LTD SHALL NOT BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, OR CONSEQUENTIAL DAMAGES, INCLUDING LOST PROFITS, LOST DATA, OR TRADING LOSSES, ARISING OUT OF OR IN CONNECTION WITH THE SERVICE.

9. Governing Law

These Terms are governed by the laws of the British Virgin Islands. However, you acknowledge that your use of the Service must strictly adhere to the mandatory laws of your jurisdiction of residence, including Bangladesh.

10. Contact

For questions about these Terms, contact:
Swarming Labs LTD
Intershore Chambers, Road Town, Tortola, British Virgin Islands
Email: [email protected]