Terms of Service
1. Acceptance of Terms
By accessing or using the Grid × Casino Society XRPL Token Commitment Tool (the "Tool"), you ("User") agree to be bound by these Terms of Service ("Terms"). If you do not agree to these Terms in full, you must not use the Tool.
Use of the Tool constitutes acceptance of these Terms, including the limitations, disclaimers, and acknowledgements set out below. These Terms form the entire agreement between you and Grid / Casino Society regarding your use of the Tool.
⚠️ This Tool involves actions that are irreversible on the XRP Ledger. Read these Terms fully before proceeding. You are responsible for the consequences of using this Tool.
2. Service Description
The Tool is a voluntary token commitment interface built on the XRP Ledger's (XRPL) native 3-of-3 multisignature mechanics. It enables Users to commit XRPL-based tokens to a time-gated multisignature wallet that can only release funds when:
- The User's chosen commitment period has elapsed; and
- The User initiates a release request via their Xaman wallet; and
- Grid and Casino Society's automated co-signing scripts process and co-sign the transaction.
The Tool does not involve any form of investment, financial return, interest, or yield. It is a pure time-commitment enforcement mechanism for XRPL tokens.
This Tool is a voluntary commitment device. It enforces a rule you set yourself: you cannot access your tokens until the date you chose. Grid and Casino Society do not determine or influence that date — you do.
3. Roles and Responsibilities
The Tool operates under a 3-of-3 multisignature arrangement with three distinct parties:
You are the owner of the commitment wallet and sole initiator of any release request. You hold one of the three required signatures. You are responsible for maintaining access to your Xaman wallet and the commitment wallet seed phrase you generate.
Important: After the Tool finalises the XRPL SignerList and disables the master key, the original seed phrase for the commitment wallet cannot be used to move funds. Your ability to release tokens depends solely on (i) your Xaman signing wallet, and (ii) the Tool's 3-of-3 co-signing flow after expiry. Do not rely on the seed phrase as a recovery method.
Grid operates automated signing infrastructure that co-signs valid release transactions after the commitment date has elapsed. Grid does not have discretion over when to sign — co-signing is governed purely by the commitment date recorded on creation. Grid holds one of the three required signatures.
Casino Society operates automated signing infrastructure that co-signs valid release transactions after the commitment date has elapsed. Casino Society's role is identical to Grid's: purely time-enforcement, no discretion. Casino Society holds one of the three required signatures.
Neither Grid nor Casino Society hold, manage, invest, trade, or otherwise interact with your tokens. Their sole function is to enforce the time commitment you set, by providing a required co-signature after expiry.
4. Scope of Co-Signatory Authority
Grid and Casino Society CAN:
- Co-sign a valid release transaction after your commitment date has elapsed
- Co-sign valid release transactions to the destination address you specify in your release request and confirm via Xaman
- Be contacted via public channels for support enquiries
Grid and Casino Society CANNOT:
- Co-sign any transaction before your chosen commitment date, under any circumstances
- Co-sign any release to a destination address other than the one you specified and confirmed in your Xaman release request
- Move your tokens to themselves, a third party, or any other wallet
- Unilaterally release your tokens without your own signature
- Override XRPL multisignature requirements
- Access, spend, pledge, or otherwise use your tokens
- Issue refunds of service fees once a commitment setup transaction has been broadcast
5. Service Fees
Use of the Tool requires payment of a service fee of 10 XRP per commitment, payable via Xaman at the time of commitment wallet creation.
Fees cover infrastructure, automated co-signing operations, and XRPL network reserve funding for the commitment wallet.
All service fees are non-refundable once the setup transaction has been submitted to the XRPL network. If the setup process fails before the transaction is submitted, contact support for a manual review.
6. Commitment Period and Release
When you create a commitment, you select a duration of 1–12 months. This duration is recorded on-chain as the commitment expiry date at the time of creation and cannot be changed after finalization.
Upon expiry:
- You must initiate a release request through this Tool using your Xaman wallet
- Grid and Casino Society's automated scripts will process your request and provide their co-signatures
- The XRPL network will validate all three signatures and execute the release transaction
- Tokens are released to the destination address you specify in your release request and confirm via Xaman. Grid and Casino Society will only co-sign after expiry and only for transactions matching the Tool's permitted transaction type.
There is no automatic release. You must actively request your tokens after expiry. There is no expiry deadline for initiating a release — your tokens remain safely in the commitment wallet on-chain for as long as needed.
7. System Availability and Infrastructure
The Tool's automated co-signing infrastructure is operated in good faith by Grid and Casino Society.
In the event of infrastructure downtime:
- Your tokens remain safely on the XRP Ledger — no outage can affect the on-chain state of your commitment wallet
- Release requests may be delayed until infrastructure is restored
- Grid and Casino Society will make reasonable efforts to restore service promptly
If the automated co-signing service is unavailable following your commitment expiry, Grid and Casino Society will restore automated service as soon as reasonably practicable. Grid and Casino Society do not provide discretionary manual de-commitment signing outside the automated rules.
Co-signing is provided on a best-efforts basis, subject to system availability, third-party infrastructure dependencies, and legal compliance obligations. Grid and Casino Society do not guarantee that co-signing will occur at a specific time after expiry.
8. Token and Wallet Limitations
The Tool is designed exclusively for XRPL-based tokens (fungible tokens issued on the XRP Ledger). The following limitations apply:
- Not for XRP: The Tool is not designed or intended for committing XRP itself. Only XRPL-issued tokens should be deposited.
- Deposit window: Tokens must be deposited before the multisig is finalized in Step 4. Once the 3-of-3 multisig is applied and the master key is disabled, no further deposits are possible.
- One commitment per wallet: Each generated commitment wallet is for a single commitment. Do not reuse commitment wallet addresses.
- Seed phrase responsibility: You are solely responsible for saving your commitment wallet seed phrase during setup. Important: after the master key is disabled, the seed phrase cannot be used to move funds and is not a recovery path. It is retained only as a record of wallet origin. Your primary safeguard is maintaining uninterrupted access to your Xaman signing wallet (see Section 9).
9. No Recovery — Loss of Access is Permanent
⚠️ If you lose access to your signing wallet and your commitment wallet seed phrase, your tokens are permanently inaccessible. There is no recovery.
The 3-of-3 multisig architecture requires your signature as one of the three. Grid and Casino Society hold only two of the three required signatures and cannot produce a valid release transaction without your participation — this is a hard cryptographic constraint of the XRPL protocol.
Grid and Casino Society cannot:
- Override or bypass the multisig requirement
- Access your tokens without your signature
- Reconstruct your signing credentials
- Issue a release transaction on your behalf
Your sole safeguard is:
- Maintaining uninterrupted access to your Xaman signing wallet — this is the only credential that can authorise your signature in the 3-of-3 release transaction
If you lose access to your Xaman signing wallet, you will be unable to release your tokens regardless of any other information you hold. The seed phrase for the commitment wallet cannot be used to move funds after the master key is disabled — it is not a recovery path. This is not a limitation of the service — it is the security guarantee the service provides.
10. XRP Ledger Dependency
The Tool operates entirely on the XRP Ledger, a public, decentralised blockchain. Grid and Casino Society have no control over the XRP Ledger network itself. By using this Tool, you accept:
- XRPL transactions are irreversible once confirmed
- XRPL network fees (drops) are consumed by each transaction
- XRPL consensus may delay transaction confirmation under network congestion
- Changes to XRPL protocol rules, fees, or reserve requirements are outside the control of Grid or Casino Society
- The XRPL network's public verifiability means all commitment wallet activity is publicly visible on-chain
11. No Custody — No Fiduciary Duty
Grid and Casino Society are time-enforcement co-signatories only. They do not:
- Take custody of, hold, or manage your tokens
- Act as a trustee, escrow agent, or financial intermediary
- Owe any fiduciary duty to you in respect of your committed tokens
- Hold, manage, or invest XRP or tokens on your behalf
Your tokens are held in a wallet you created, on a public blockchain, accessible only by the 3-of-3 multisig arrangement you agreed to. At no point do your tokens leave the XRP Ledger or enter the control of Grid or Casino Society.
Grid and Casino Society do not "accept" or "transmit" funds on behalf of users. The Tool provides non-custodial software that facilitates XRPL multisignature configuration and conditional co-signing only.
12. Not Financial Advice
Nothing in this Tool, its documentation, or any communications from Grid or Casino Society constitutes financial, investment, tax, or legal advice. The Tool is a technical utility. You are solely responsible for your own financial decisions, including the decision to commit tokens using this Tool.
Grid and Casino Society are not licensed financial advisers, investment managers, or regulated financial institutions in any jurisdiction.
13. Limitation of Liability
To the maximum extent permitted by applicable law:
- Grid and Casino Society shall not be liable for any loss of tokens due to User error, including but not limited to: sending tokens to the wrong address, losing your Xaman wallet access, losing your seed phrase, or entering incorrect commitment parameters
- Grid and Casino Society shall not be liable for any loss arising from XRPL network failures, congestion, forks, or protocol changes
- Grid and Casino Society's total aggregate liability under these Terms shall not exceed the service fee paid by you for the specific commitment in question
- Grid and Casino Society shall not be liable for any indirect, consequential, special, or punitive damages of any kind
14. User Representations
By using the Tool, you represent and warrant that:
- You are of legal age and have full legal capacity to enter into these Terms in your jurisdiction
- Your use of the Tool complies with all applicable laws and regulations in your jurisdiction
- The tokens you commit are legally owned by you and are not subject to any legal restriction, court order, or third-party claim
- You understand the irreversible nature of XRPL transactions and the commitment you are making
- You have read and understood these Terms in full before proceeding
15. Compliance; Prohibited Use; Refusal of Service
You may not use the Tool for any unlawful purpose or in violation of any applicable laws, regulations, or sanctions programmes, including but not limited to those administered by OFAC (Office of Foreign Assets Control) or equivalent authorities.
Grid and Casino Society may refuse to provide access to the Tool, or refuse to co-sign a transaction, if required by law, regulation, court order, or applicable sanctions programmes, or where there is reasonable suspicion of fraud, theft, money laundering, or abuse of the Tool. Any refusal will be limited to what is legally required or reasonably necessary for security purposes.
You represent that you are not located in, or a resident of, any jurisdiction subject to comprehensive sanctions, and that your use of the Tool does not violate any export control or sanctions laws applicable to you.
16. Changes to These Terms
Grid and Casino Society reserve the right to update these Terms at any time. Updated Terms will be published at this URL with a revised effective date. Your continued use of the Tool after an update constitutes acceptance of the revised Terms.
Changes to these Terms do not retroactively alter the terms applicable to commitments already created — the Terms in effect at the time of your commitment creation govern that commitment.
17. Governing Law and Disputes
These Terms are governed by and construed in accordance with the laws of the State of Wyoming, USA, without regard to conflict of law principles. Grid Services is in the process of formal registration as a Wyoming LLC. Wyoming is chosen for its comprehensive and crypto-friendly digital asset legislation, including explicit legal recognition of blockchain-based assets. These Terms will be updated upon completion of that registration.
Any dispute arising out of or in connection with these Terms shall first be submitted to good-faith informal resolution by contacting Grid and Casino Society via their official public channels. If informal resolution fails after 30 days, the dispute shall be referred to binding arbitration under the rules of the American Arbitration Association (AAA) Commercial Arbitration Rules. The seat of arbitration shall be Wyoming, USA. The language of arbitration shall be English.
Nothing in this clause prevents either party from seeking urgent injunctive or other equitable relief in any court of competent jurisdiction.
18. Privacy
The Tool does not collect personal data beyond what is inherent to its operation. By using the Tool, you acknowledge:
- Wallet addresses you use are recorded in Firestore to enable the Tool's functionality and are publicly visible on the XRP Ledger by design
- Commitment data (token amounts, dates, wallet addresses) is stored in Firestore and displayed publicly as part of the Tool's transparency features
- ToS acceptance (timestamp and wallet address) is logged when you accept these Terms
- Analytics and server logs may capture standard technical data (IP address, browser type, page visits) via Firebase and Google Analytics infrastructure
No sensitive personal data is knowingly collected. XRPL wallet addresses are pseudonymous public identifiers. Grid and Casino Society do not sell or share data with third parties for marketing purposes.
19. Intellectual Property
The Tool, its design, code, branding, and documentation are the intellectual property of Grid and Casino Society. Nothing in these Terms grants you any right to copy, modify, distribute, or commercialise any part of the Tool or its branding without prior written permission.
The XRPL protocol itself is open source and governed by its own licence terms. Grid and Casino Society make no claim over the XRPL protocol.
20. Third-Party Services
The Tool relies on third-party infrastructure and services including:
- Firebase / Google Cloud — for hosting, database, and authentication services
- Xaman (XUMM) — for transaction signing via the user's Xaman wallet
- XRP Ledger public nodes — for blockchain interaction and price data
- XRPL block explorers (e.g. xrpscan.com) — for transaction verification links
Grid and Casino Society are not responsible for the availability, accuracy, or conduct of any third-party service. Your use of third-party services is subject to their respective terms and privacy policies.
21. Termination and Suspension
Grid and Casino Society reserve the right to suspend or terminate access to the Tool at any time for any reason, including but not limited to legal compliance, infrastructure changes, or cessation of operations.
Termination of the Tool does not affect existing commitments on the XRPL. Your tokens remain in the multisignature wallet on-chain regardless of whether the Tool's interface is operational. In the event of permanent cessation of co-signing services, Grid and Casino Society will provide reasonable notice and make best efforts to ensure all expired commitments are co-signed prior to shutdown.
22. Risk Disclosures
By using the Tool you acknowledge the following risks:
- Token issuer risk: The value and validity of XRPL tokens is determined by their issuer. Grid and Casino Society make no representation as to the value, legitimacy, or future of any token committed using this Tool.
- Market risk: The market value of committed tokens may decrease to zero during the commitment period. The Tool does not protect against market movements.
- Regulatory risk: Laws and regulations governing digital assets vary by jurisdiction and may change. You are responsible for ensuring your use of the Tool is lawful in your jurisdiction, now and in the future.
- Smart contract / protocol risk: Bugs or changes in XRPL protocol rules could affect multisignature functionality. Grid and Casino Society are not liable for XRPL protocol failures.
- Infrastructure risk: Co-signing infrastructure may experience downtime. Release may be delayed but not permanently blocked (see Section 7).
23. Contact
For support, recovery requests, or general enquiries:
- Grid: gridxrpl.xyz | @gridxrpl on X
All support requests are handled in the order received. Response times are not guaranteed but Grid and Casino Society aim to respond to all enquiries within 5 business days.