Terms & Conditions
1. IPO Revenue Split
The Model: The flow shows that for an IPO Sale, the transaction is split directly: 6% to Football Exchange (Business) and 94% to the Prize Pool (Total Payouts).
The T&Cs Correction: I have removed the "15% total fee" mentioned in the previous draft, as the model and source indicate the 6/94 split accounts for 100% of the IPO transaction value.
2. Secondary Market Trades
The Model: The "Secondary Market" node specifies a Total Fee of 10%.
The Split: * 2.5% of the trade goes to the Business (Football Exchange).
7.5% of the trade goes to the Prize Pools.
90% of the trade is retained by the Seller.
The T&Cs Status: This section in the draft was mathematically accurate according to the flow.
3. 2026 Season Constraints
Account Limit: Strictly limited to 1,000 active accounts.
Sign-up Bonus: Each user is credited $5 upon successful registration.
Re-buy Cap: Users can make a maximum of two (2) additional $5 purchases (total $10) via in-app purchase.
Withdrawal Timing: All credits are converted to withdrawable cash only at the conclusion of the season and after annual awards are processed.
Section 3: Transaction Fees & Revenue Distribution
Initial Player Offerings (IPOs): 100% of the funds from IPO purchases are distributed as follows: 6% to Football Exchange for platform operations and 94% directly to the season's prize pools.
Secondary Market Trading: Every trade on the secondary market incurs a 10% transaction fee.
The Seller receives 90% of the total sale price.
The Business receives 2.5% of the trade value.
The Prize Pool receives the remaining 7.5%.
Section 4: 2026 Season Limits & Credits
Platform Capacity: Participation is capped at 1,000 active users for the duration of the 2026 season.
Account Credits: A $5 sign-up bonus is provided to each new account. Users may purchase additional credits up to a maximum of $10 per season (2x $5 re-buys).
Liquidation & Payouts: No mid-season withdrawals are permitted. All account balances and dividends will be realized and available for withdrawal only at the end of the season.
Market Integrity and Anti-Manipulation Policy
1. Prohibited Activities
The Football Exchange maintains a zero-tolerance policy toward any activity that undermines the fair market value of player shares. Users are strictly prohibited from engaging in:
Market Manipulation: Any action intended to artificially inflate or deflate the price of a player stock or create a false appearance of active trading.
Collusive Trading: Coordinating with other users to execute trades that do not reflect genuine market demand.
Exploitative Behavior: Intentionally utilizing system errors, data lag, or "bugs" to gain an unfair financial advantage.
Account Structuring: Attempting to bypass the 2026 season re-buy limits or account caps through the use of multiple identities or "mule" accounts.
2. Monitoring and Enforcement
The Business Admin reserves the right to continuously monitor trading velocity, volume anomalies, and suspicious patterns.
Investigation Period: If suspicious activity is detected, the Company may implement an immediate "System Lockdown" or "Trading Halt" on specific players or user accounts while an investigation is conducted.
Account Suspension: During an investigation, access to deposits, trading, and the "Results" simulation sections may be restricted.
3. Consequences of Market Interference
If a Business Admin determines, at their sole discretion, that a user has acted fraudulently or in an intentionally manipulative manner, the following permanent actions will be taken:
Account Termination: The user’s account will be closed immediately and the individual will be permanently banned from the Football Exchange platform.
Reversion of Shares: All player shares held within the offending account will be voided and reverted back to the IPO pool for redistribution to the general market at the current IPO valuation.
Forfeiture of Funds: Any remaining cash balance, including initial deposits, sign-up bonuses, and accumulated dividends, will be deemed forfeited to cover the costs of market reconciliation and prize pool protection. No withdrawals will be possible from an account closed due to market manipulation or fraud.
Transaction Reversal: The Company reserves the right to reverse any trades found to be part of the manipulative activity, restoring the "Secondary Market" state to its position prior to the interference.
4. Finality of Decision
All decisions made by the Football Exchange regarding market integrity and fraud are final. Documentation of the reversal and the reasoning behind it will be maintained in our internal audit logs for legal and regulatory compliance