CHOK Preseason Terms of Use
Chapter 1. General Provisions
Article 1 (Purpose)
These Terms of Use (the “Terms”) set out the conditions and procedures for using the preseason service that PLUSUP Inc. (the “Company”) provides for a fixed period on the CHOK website (https://chok.market) and application, and the rights, obligations and responsibilities of the Company and members.
Article 2 (Definitions)
(1) The terms used in these Terms have the following meanings.
1. “Service” means the data-based prediction service the Company provides during the Preseason, including viewing reference data and analysis for each question, making predictions with Points, viewing prediction records and statistics, prize draws, and related features.
2. “Preseason” means the limited service period stated at the beginning of these Terms.
3. “Member” means a person who has agreed to these Terms, entered into a service agreement with the Company and received an account. “User” means members and people who use the viewing features without signing up.
4. “Question” means a prediction question posted by the Company, including its options, prediction deadline, resolution criteria, resolution source and reference data.
5. “Reference data” means the information provided for each question to help users form a judgment, such as a fighter's public record and fight history for fight questions or past weather observations for weather questions, consisting of publicly available information or information the Company may lawfully use, and analysis based on it.
6. “CHOK Points” (“Points”) means the in-Service units that the Company grants to members free of charge for making predictions. Points are displayed in units of chUSD.
7. “Prediction” means a member allocating Points to an option of a question to express their forecast and level of confidence.
8. “Automated matching system” means the system (the Company's operating account) that the Company operates to process members' predictions at the prediction probabilities displayed on screen.
9. “Settlement” means updating a member's Points according to criteria announced in advance after the outcome of a question is finalized.
10. “Prediction record” means a record of a member's prediction results, such as prediction history, whether predictions were correct, and accuracy rate.
11. “Prize draw” means an event hosted by the Company that awards merchandise by random draw, regardless of whether or how a member made predictions, their results, Points or prediction records.
12. “Merchandise” means souvenirs, such as hoodies, awarded in prize draws. It does not include cash, gift cards, securities, crypto-assets or tokens, mobile phones, or other items readily convertible to cash.
13. “Sponsor” means a business that supplies merchandise for a prize draw hosted by the Company in exchange for exposure.
(2) Unless otherwise stated, times shown in these Terms and on the Service are in Coordinated Universal Time (UTC).
Article 3 (Effect of the Terms)
(1) The service agreement is formed when a user agrees to these Terms, the Company accepts the sign-up, and an account is created.
(2) Matters not covered by these Terms are governed by applicable law and general commercial practice. Where the meaning of these Terms is unclear, they will be interpreted in favor of the member.
Article 4 (Changes to the Terms)
(1) The Company may change these Terms to the extent permitted by applicable law. The Company will post the changes, the reasons and the effective date on the Service at least 7 days before the effective date. For changes unfavorable to members, the Company will post a notice at least 30 days before the effective date and notify members individually.
(2) Members who do not agree to a change may terminate the service agreement before the effective date.
(3) Changed Terms apply to use from the effective date. Points already settled and confirmed prize wins will not be changed retroactively to the disadvantage of members.
Chapter 2. Sign-up and Accounts
Article 5 (Sign-up and Phone Verification)
(1) Members sign up by verifying an email address or by logging in with a Google account. To receive Points and make predictions, members must complete mobile phone number verification (by text message) as instructed by the Company. Each mobile phone number may be used to verify only one account.
(2) Each person may have only one account. Within the same Preseason, a person may not delete their account and sign up again with the same phone number, or create another account to participate. During the Preseason, the Company does not support recovery of accounts to which access has been lost.
(3) The Company may refuse a sign-up or terminate the service agreement in any of the following cases.
1. The person used another person's name or information.
2. A person who already has an account tries to create another account.
3. A person whose use was restricted for violating these Terms signs up to avoid the restriction.
(4) Users who have not signed up may also view questions, reference data, finalized outcomes, public statistics, members' public profiles and leaderboards. Only members who have completed phone verification may make predictions and enter prize draws.
Article 6 (Account Management)
(1) Members must use their own accounts and may not sell, transfer, lend or share their accounts with others.
(2) Members must notify the Company immediately if they learn that their account has been used without authorization. The Company will take necessary protective measures after verifying the account.
(3) If a member's information changes, the member must update it on the Service or notify customer support.
Article 7 (Notices to Members)
(1) The Company sends individual notices to members through in-Service notifications or the contact information the member registered.
(2) Notices to all members may be given by posting them in the Service's announcements for at least 7 days. However, matters important to an individual member, such as unfavorable changes to the Terms, use restrictions, and prize wins or their cancellation, will be notified individually.
Chapter 3. The Service and Predictions
Article 8 (Service Content and Preseason Operation)
(1) During the Preseason, the Company provides the following services.
1. Questions, reference data and analysis
2. Predictions and settlement using Points
3. Prediction records and statistics
4. Prize draws
5. Other features the Company determines and announces
(2) The Preseason is operated for a limited period. The Company has not decided whether or how it will operate a regular season or follow-up service after the Preseason. If it does, it will do so under separate terms or notices. Preseason Points, prediction records and participation history do not guarantee any benefit or status in any follow-up service.
(3) The Service is free. The Company does not receive money or any other consideration from members for making predictions, receiving Points or entering prize draws.
(4) During the Preseason, the Company determines the number and types of questions and the scope of reference data, and provides the details of each question on that question's page.
Article 9 (Questions and Reference Data)
(1) The title of a question is a short summary of the question. Outcomes are determined according to the resolution criteria and resolution source shown on the question page before predictions are made. If the title and the resolution criteria differ, the resolution criteria prevail.
(2) The Company provides reference data for each question. Reference data is based on publicly available information, such as official fight results and public weather data, or information the Company has the right to use lawfully, and the Company indicates the sources.
(3) Reference data and analysis are only information to help users form a judgment and do not guarantee any outcome. They may contain delays, errors or omissions, which the Company will correct promptly once identified.
(4) The Company does not create questions on topics that may raise legal issues, such as election results or the outcome of trials of real persons, or on topics whose outcomes depend essentially on chance, such as short-term price movements.
Article 10 (Points)
(1) The Company grants base Points to members who complete phone verification after signing up, and may grant additional Points for free activities such as daily check-ins and inviting friends. The amounts and criteria are announced on the Service in advance.
(2) Points are in-Service points that the Company grants free of charge. Members cannot buy Points for money or any other consideration, and the Company does not sell Points or grant them together with paid products.
(3) Points cannot be exchanged for or redeemed as cash, gift cards, merchandise, crypto-assets or tokens, or anything else of monetary value. Point balances, prediction results and prediction records do not affect the chance of winning a prize draw or the type of merchandise.
(4) Members cannot send, gift or transfer Points to other members. The Service has no feature for exchanging Points between members.
(5) The chUSD display unit only indicates a quantity of Points. Points are not currency, electronic money or crypto-assets, and are not exchangeable for or pegged to the US dollar or any dollar-linked asset. Wherever Points are displayed, the Company also states that they are virtual points with no cash value.
(6) At the end of the Preseason, after open questions are settled or voided, all Points expire. The Company will announce the expiry date at least 7 days in advance. Preseason Points do not carry over to any follow-up service.
(7) The Company does not promise or suggest the issuance, airdrop or any other distribution of crypto-assets or tokens on the basis of Points, prediction records or rankings, and does not use them as the basis for any distribution.
Article 11 (Making and Matching Predictions)
(1) Predictions are matched only with the Company's automated matching system. Members cannot choose a counterparty, and no Points or predictions are transferred between members.
(2) The automated matching system sets prediction probabilities in a manner disclosed by the Company in advance, and the Company explains its operating principles on the Service. The Company does not charge members any consideration or fee for making or matching predictions. Points remaining with the Company as a result of settlement by the automated matching system are not Company revenue. The Company earns revenue only through means unrelated to prediction outcomes, such as advertising and sponsorship.
(3) Members may not make predictions using automated means such as macros, bots, external programs or APIs not permitted by the Company. The Company does not provide members with automated prediction features or APIs for making predictions.
(4) People who can influence or know in advance the outcome of a question, such as fighters competing in the fight that is the subject of the question, staff of their team or gym, organizers and officials of the event, and the Company's staff who create or resolve questions, may not make predictions on that question. If it is confirmed that such a person made predictions in violation of this paragraph, the Company may void those predictions and any resulting changes in Points, and take measures under Article 18.
Article 12 (Resolution and Settlement)
(1) The Company resolves outcomes according to the resolution criteria and sources stated for the question and, once an outcome is finalized, settles according to criteria announced in advance.
(2) If a voiding event stated for the question occurs, such as cancellation or postponement of the fight, a change of opponent, a no-contest, or missing resolution data, the Company will void the question and return the allocated Points.
(3) Members who disagree with a settlement result may submit an objection to customer support within 7 days from the day after the outcome is finalized. The Company will review the data and inform the member of the result, and will correct any error it finds. The Company will not refuse to correct an obvious error solely because this period has passed.
Article 13 (Prediction Records and Rankings)
(1) The Company enables members to view their own prediction records (prediction history, whether predictions were correct, changes in Points, and so on).
(2) The Company may operate leaderboards based on prediction records. The ranking criteria and the information displayed are explained on the leaderboard page.
(3) Members' profile pages, activity feeds and leaderboards display the items indicated on the Service, such as nickname, profile image, prediction history and changes in Points, and can be viewed by users who are not members. The Company does not display email addresses or phone numbers. Members who have not set a nickname are shown with a partially masked identifier.
(4) Prediction records, rankings, titles and badges only indicate prediction performance within the Service. The Company does not award merchandise, additional Points or any other economic benefit based on rankings or prediction records, and rankings do not affect eligibility for or the chance of winning prize draws.
(5) The Company may publish on the Service statistics that aggregate members' predictions so that no individual can be identified (such as the distribution of predictions by option and changes in prediction probabilities).
Chapter 4. Prize Draws
Article 14 (Hosting and Announcement of Prize Draws)
(1) Prize draws are hosted by the Company. Sponsors supply merchandise to the Company in exchange for exposure on the Service, and the merchandise becomes the Company's property upon delivery. Sponsors are not involved in selecting winners, handling winners' information or running the event.
(2) The Company runs each event under the announced conditions and will not later add conditions unfavorable to members who have already entered.
Article 15 (Entry and Drawing)
(1) Eligibility to enter is set in the event announcement as one of the following: all members who signed up during the Preseason; members who made at least one prediction during the Preseason; or members who checked in on at least 7 days and made predictions on at least 5 questions during the Preseason.
(2) Each member may enter each event once. All entrants have an equal chance of winning, and the number of predictions, whether predictions were correct, Point balances, rankings and check-in days do not affect the chance of winning.
(3) Draws are conducted using the random method announced by the Company. The Company keeps draw records, including the time the entrant list was fixed, the draw method and the results, and will review and respond to any objection.
(4) Employees, affiliated fighters and staff of sponsors, their family members, and staff responsible for creating or resolving questions or conducting draws may not enter.
Article 16 (Winning and Delivery of Merchandise)
(1) The Company notifies winners individually. Winners must submit the information needed to receive the merchandise (name, mobile phone number and shipping address) within 14 days from the day after notification. The Company explains the purpose of collection and the retention period before submission.
(2) The type and quantity of merchandise and the delivery area are stated in the event announcement. Receiving merchandise may require tax reporting or payment in the winner's country or region of residence, and the Company will include this in the winning notice to the extent it is aware.
(3) The Company sends merchandise, directly or through a delivery provider, to shipping addresses within the delivery area and bears ordinary shipping costs. If the shipping address is outside the delivery area, the Company will agree with the winner on how to receive the merchandise.
(4) If a winner does not submit the required information by the deadline, was not eligible to enter, or is found to have entered by fraudulent means, the Company may cancel the win after giving the reason. Whether cancelled merchandise is redrawn is set in the event announcement.
(5) If it becomes difficult to supply the merchandise, the Company may substitute merchandise of equal or greater value and will explain the reason and the substitute.
(6) Members may not transfer the right to receive a prize to others.
(7) The Company receives and handles inquiries about damaged, misdelivered or undelivered merchandise.
Chapter 5. Member Obligations and Use Restrictions
Article 17 (Prohibited Conduct)
Members must not engage in any of the following conduct.
1. Using another person's name or account, or creating and using multiple accounts
2. Buying or selling accounts, Points, prediction records or prize rights outside the Service for money or any other consideration, or brokering or advertising such transactions
3. Using questions or outcomes of the Service to make wagers of money or property outside the Service, or soliciting or advertising such wagers
4. Using automated means such as macros or bots, or exploiting system errors
5. Using non-public resolution or draw information or job authority, or making predictions on questions on which the member may not predict under Article 11(4)
6. Selling paid prediction information, or drawing other users to external chat rooms or websites
7. Promoting Points or use of the Service in connection with crypto-assets, tokens or airdrops
8. Advertising illegal gambling, crypto-assets, money lending or the like, harassing other users, or posting content that infringes the rights of others
9. Interfering with the operation of the Service, or collecting Service data in bulk without permission
Article 18 (Detection of and Measures Against Abuse)
(1) To detect abuse such as multiple accounts, automated means and off-Service trading, the Company reviews usage records and monitors external advertisements for trading Points or accounts.
(2) The Company does not conclude that abuse has occurred based solely on automated detection. Staff review usage records together with the member's explanation before deciding. The Company may ask members with unusually high activity to verify their phone number again.
(3) Depending on the severity of the violation, the Company may issue a warning, restrict predictions, correct improperly obtained Points and records, cancel prize wins, or terminate the service agreement. Corrections are limited to the scope related to the violation.
(4) The Company notifies the member individually of the reason for and scope of any measure and how to object. Where urgent action is needed to prevent further harm, the Company may act first and notify the member immediately afterward.
(5) Members may object to a measure. If the measure is found to be in error, the Company will lift it immediately and restore the affected Points and records.
Article 19 (Posts)
(1) Members retain the rights to the content they post, and grant the Company permission to display and store it to the extent necessary to operate the Service.
(2) If the Company receives a request alleging that a post infringes another person's rights, such as through invasion of privacy or defamation, the Company will, following the procedures set by applicable law, delete the post or temporarily hide it for a set period, and notify the requester and the poster. The poster may object to the temporary measure and request that the post be restored.
(3) The Company may delete or hide posts that violate Article 17.
Chapter 6. Changes, Termination and Account Deletion
Article 20 (Changes, Suspension and End of the Preseason)
(1) The Company may change or suspend all or part of the Service for operational or technical reasons or to comply with law. The Company will announce the reasons and schedule for changes or suspensions that affect members in advance, or promptly afterward if advance notice is not possible.
(2) The Company provides the Service after completing any filings, confirmations or other procedures required by applicable law, and may change the Service or suspend some features at the request of law or the relevant authorities.
(3) At the end of the Preseason, the Company will settle or void open questions and then close the prediction feature. Points will then expire under Article 10(6).
(4) Members may view their prediction records for 3 months from the end of the Preseason.
(5) Because Points have no monetary value, no compensation is provided if Points expire or become unusable due to a change, suspension or termination of the Service. However, the obligation to deliver merchandise to confirmed winners remains.
Article 21 (Account Deletion and Termination)
(1) Members may delete their accounts at any time through the Service or customer support.
(2) When a member deletes their account, the member's Points expire, and prediction records remain only as statistics that do not identify individuals. Public nickname displays are deleted or made unidentifiable. However, records of matched predictions written to the blockchain remain and are not deleted, as described in the Privacy Policy.
(3) A member who deletes their account after a win is confirmed keeps the right to receive the merchandise. A member who deletes their account before the draw is excluded from the draw.
(4) If a member seriously violates Article 17, the Company may terminate the service agreement following the procedure in Article 18.
Chapter 7. Miscellaneous
Article 22 (Protection of Personal Information)
The Company protects members' personal information in accordance with applicable law and the Privacy Policy. Agreeing to these Terms alone does not constitute consent to any processing that requires separate consent under applicable law.
Article 23 (Intellectual Property and Third-Party Names)
(1) Rights in the Service's software and design, and in compilations of reference data and analysis, belong to the Company or the rightful owners. Users may not copy, distribute or commercially use them without the right holder's permission.
(2) The names of events, fighters and teams shown in questions and outcomes are factual references used to identify the fights. Except where the Company states otherwise, such as in an event announcement, they do not mean that those organizations or fighters sponsor, endorse or recommend the Service.
(3) The Company does not use logos or emblems of events or clubs without the right holder's permission.
Article 24 (Limitation of Liability)
(1) The Company and members will compensate each other under applicable law for damage caused by their own fault.
(2) The Company is not liable for damage arising from causes not attributable to the Company, such as natural disasters or telecommunications network failures.
(3) Reference data, analysis and prediction statistics are provided for information only and do not solicit investment, financial transactions or wagering.
(4) This Article does not limit liability for the Company's intentional misconduct or gross negligence, or liability that cannot be excluded under applicable law.
Article 25 (Dispute Resolution, Governing Law and Jurisdiction)
(1) Members may make inquiries or raise objections through the customer support contact posted on the Service, and the Company will investigate and inform them of the result. Members may use legal remedies without first going through the Company's internal process.
(2) These Terms are governed by the laws of Japan. However, this does not limit the protection of any mandatory consumer protection provisions of the laws of the member's country or region of residence that cannot be excluded by agreement.
(3) Lawsuits concerning disputes between the Company and a member shall be filed with a court that has jurisdiction under applicable law. When the Company files a lawsuit against a member, it will do so in a court of the member's country or region of residence.
Supplementary Provision
These Terms take effect on November 10, 2026. Article 12(3), Article 16, Article 18, Article 20(4) and (5), Article 21(3), Article 24 and Article 25 remain in effect after the Preseason ends until the related matters are completed.