1. Eligibility & Age Requirements

1.1 Minimum Age Requirements

• You must be at least 18 years of age to create an account and use Sportfolio services.
• Users between 16-17 years may access the platform in read-only mode with parental consent but cannot engage in financial transactions.
• We reserve the right to request age verification documents at any time.

1.2 Legal Capacity

• You must have the legal capacity to enter into binding contracts under Nigerian law and your local jurisdiction.
• You must not be prohibited from using financial services in your country of residence.
• Corporate accounts require proper business registration and authorization documents.

1.3 Geographic Restrictions

• Our services are primarily designed for users resident in Nigeria.
• International users may access the platform but must comply with their local laws regarding online gaming and financial services.
• We reserve the right to restrict access from certain jurisdictions based on regulatory requirements.

2. Account Registration & Security

2.1 Account Creation Process

• You must provide accurate, complete, and current information during registration.
• Each person may maintain only one (1) active account on the platform.
• Know Your Customer (KYC) documentation may be required for higher transaction limits.

2.2 Account Security Responsibilities

• You are solely responsible for maintaining the confidentiality of your login credentials.
• You must immediately notify us of any suspected unauthorized access to your account.
• We recommend enabling two-factor authentication (2FA) when available.
• You are liable for all activities that occur under your account, whether authorized or not.

2.3 Account Information Updates

• You must promptly update your account information when changes occur.
• Failure to maintain current information may result in account restrictions or suspension.
• Bank account details must match the registered account holder's name for withdrawals.

3. Platform Services & Features

3.1 Virtual Player & Club Trading

3.2 SPF Token System

3.3 Event Prediction System

3.4 Outside Betting (Peer-to-Peer Wagering)

3.5 Index Sports Fund (Premium Feature)

4. Financial Transactions

4.1 Deposit Policies

4.2 Withdrawal Policies

4.3 Transaction Security

• All financial transactions are encrypted using industry-standard SSL technology.
• We employ multi-layered fraud detection systems to protect user funds.
• Suspicious activity may trigger additional security checks and account restrictions.
• Transaction records are maintained for regulatory compliance and audit purposes.

5. Fees & Charges

5.2 No Additional Charges

• No Deposit Fees: Sportfolio does not charge fees for deposits (payment provider fees may apply)
• No Withdrawal Fees: No platform fees for standard withdrawal requests
• No Account Maintenance Fees: No monthly or annual charges for basic account maintenance
• No Inactivity Fees: Dormant accounts are not charged maintenance fees

5.3 Fee Transparency

• All applicable fees are clearly displayed before transaction confirmation.
• Fee structures may be updated with 30 days advance notice to users.
• Detailed fee breakdown available in user dashboard and transaction history.

6. Risk Disclosure & Disclaimers

6.1 Market Risk Factors

• Performance Volatility: Player and club prices can fluctuate dramatically based on real-world sports performance.
• Injury Risk: Player injuries may cause sudden and significant price movements.
• Transfer Market Impact: Player transfers and team changes affect virtual asset values.
• External Factors: Weather, referee decisions, and other uncontrollable factors influence outcomes.

6.2 Technical Risk Disclaimers

• System Availability: Platform may experience downtime for maintenance or technical issues.
• Data Accuracy: While we strive for accuracy, sports data feeds may contain errors or delays.
• Internet Connectivity: Users are responsible for their own internet connection and associated risks.

6.3 Regulatory Compliance

• Users are responsible for complying with local laws regarding online gaming and financial services.
• Sportfolio operates under Nigerian jurisdiction but does not provide legal advice to international users.
• Tax obligations on winnings are the sole responsibility of users.

7. User Conduct & Prohibited Activities

7.1 Acceptable Use Policy

• Users must interact respectfully with other community members and support staff.
• All communication should be professional and free from harassment, threats, or discrimination.
• Users should report bugs, issues, or suspicious activity through appropriate channels.
• Fair play and sportsmanship are expected in all platform interactions.

7.2 Strictly Prohibited Activities

7.3 Consequences of Violations

• Warning System: First violations may result in formal warnings and account restrictions.
• Temporary Suspension: Serious violations lead to temporary account suspension (7-30 days).
• Permanent Ban: Severe or repeated violations result in permanent account termination.
• Fund Forfeiture: Fraudulent activity may result in forfeiture of account balance.
• Legal Action: Criminal activity will be reported to appropriate authorities.

8. Intellectual Property Rights

8.1 Sportfolio Proprietary Rights

• All platform software, algorithms, design elements, and content are proprietary to Sportfolio.
• The Sportfolio brand name, logos, and trademarks are protected intellectual property.
• Trading algorithms and pricing mechanisms are trade secrets and confidential information.
• User interface design, graphics, and visual elements are copyrighted material.

8.2 User-Generated Content

• Users retain ownership of their original content but grant Sportfolio usage rights.
• By posting content, you grant us a worldwide, royalty-free license to use, display, and distribute your content.
• User content must not infringe on third-party intellectual property rights.
• We reserve the right to remove content that violates intellectual property laws.

8.3 Third-Party Content

• Sports data, team logos, and player names are used under licensing agreements or fair use provisions.
• Users may not use third-party content outside the platform without proper authorization.
• We respect intellectual property rights and respond to valid DMCA takedown requests.

9. Privacy & Data Protection

9.1 Data Collection & Usage

• We collect personal information necessary for account creation, KYC compliance, and service provision.
• Trading data and platform usage statistics are collected to improve our services.
• Financial transaction records are maintained for regulatory compliance and audit purposes.
• Communication logs may be recorded for customer support and dispute resolution.

9.2 Data Security Measures

• All personal data is encrypted using industry-standard protocols.
• Access to user data is restricted to authorized personnel only.
• Regular security audits and penetration testing are conducted.
• Data breaches will be reported to users and authorities as required by law.

9.3 Third-Party Data Sharing

• Personal data may be shared with payment processors and KYC verification services.
• Regulatory authorities may request data access for compliance investigations.
• We do not sell personal data to third parties for marketing purposes.
• Detailed privacy practices are outlined in our separate Privacy Policy.

10. Dispute Resolution

10.1 Internal Resolution Process

• First Contact: All disputes must first be reported through our customer support channels.
• Investigation Period: We will investigate and respond to disputes within 7-14 business days.
• Evidence Requirements: Users must provide relevant documentation and evidence to support their claims.
• Admin Decision: Final platform decisions are made by our administrative team based on available evidence.

10.2 Escalation Procedures

• Management Review: Unresolved disputes may be escalated to senior management.
• Independent Mediation: For disputes involving significant amounts (>₦500,000), independent mediation may be offered.
• Arbitration: Binding arbitration may be required for complex commercial disputes.

10.3 Legal Jurisdiction

• These Terms are governed by the laws of the Federal Republic of Nigeria.
• Legal disputes will be resolved in competent Nigerian courts.
• International users agree to submit to Nigerian jurisdiction for dispute resolution.

11. Limitation of Liability

11.1 Excluded Liabilities

• Market Losses: Trading losses due to market volatility or performance outcomes.
• Third-Party Actions: Losses caused by payment processors, banks, or external service providers.
• User Error: Losses resulting from user mistakes, forgotten passwords, or misuse of platform.
• Force Majeure: System downtime due to natural disasters, cyber attacks, or government actions.

11.2 User Responsibility

• Users acknowledge they participate in high-risk activities at their own discretion.
• Users are responsible for their own risk management and investment decisions.
• Professional financial advice should be sought for significant investments.

12. Termination & Account Suspension

12.1 User-Initiated Termination

• Users may close their accounts at any time by contacting customer support.
• All open positions must be closed before account termination.
• Withdrawal of remaining funds is processed according to standard procedures.
• Account closure is irreversible and historical data may be archived.

12.2 Platform-Initiated Suspension

• Immediate Suspension: Accounts may be suspended without notice for suspected fraud or violation of Terms.
• Investigation Period: Suspended accounts will be reviewed within 30 days.
• Fund Protection: Legitimate funds in suspended accounts remain protected during investigation.
• Appeal Process: Users may appeal suspension decisions through formal procedures.

12.3 Permanent Termination

• Permanent bans may be issued for severe violations or repeated offenses.
• Terminated users are prohibited from creating new accounts.
• Legal action may be pursued for fraudulent or criminal activity.
• Fund recovery procedures depend on the nature of the termination.

13. Miscellaneous Provisions

13.1 Terms Updates & Modifications

• These Terms may be updated periodically to reflect changes in services or regulations.
• Major changes will be communicated via email and platform notifications 30 days in advance.
• Continued use of the platform after changes indicates acceptance of updated Terms.
• Users who disagree with changes must discontinue use of the platform.

13.2 Severability

• If any provision of these Terms is deemed invalid or unenforceable, the remaining provisions remain in full force.
• Invalid provisions will be replaced with enforceable alternatives that achieve similar objectives.

13.3 Entire Agreement

• These Terms, together with our Privacy Policy, constitute the entire agreement between users and Sportfolio.
• No verbal agreements or promises override the written Terms.
• Any modifications must be agreed to in writing by authorized Sportfolio representatives.