Terms of Service

Effective 5 August 2026 · Version 1.0

These terms govern your use of Ketju Research, operated by 1732 Studios LLC, a Georgia limited liability company doing business as Ketju Research (“Ketju,” “we,” “us”). By subscribing to or using the service, you agree to them. If you are agreeing on behalf of a firm, you represent that you have authority to bind that firm.

01What Ketju is, and what it is not

Ketju publishes research on decentralised and on-chain finance for financial professionals: versioned protocol verdicts with stated kill criteria, chain and asset sovereignty grades, a live venue board, a weekly digest, and due-diligence materials.

Specifically, Ketju does not:

• provide individualised investment advice, or advice about your particular circumstances or those of your clients;
• manage assets, take custody of assets, or hold client funds;
• execute, route, or recommend the execution of any transaction;
• offer or solicit the purchase or sale of any security, commodity, or digital asset;
• accept compensation from any protocol, issuer, or venue it covers.

Our research is one input to your own process. You remain solely responsible for your investment decisions, for your obligations to your own clients, and for your own regulatory compliance, including any suitability, disclosure, or recordkeeping duties you owe.

02Your clients are yours alone

Without limiting anything else in these terms, we are not responsible or liable for:

• any advice, recommendation, allocation, or decision you make for a client, or the outcome of it;
• any gain, loss, drawdown, tax consequence, or missed opportunity experienced by you or a client;
• whether any asset, protocol, or strategy is suitable for a particular client;
• your disclosures to clients, your client agreements, or your marketing;
• your compliance with the Advisers Act, state registration, custody, books-and-records, or any other regulatory obligation;
• the acts or omissions of any protocol, issuer, venue, custodian, or data provider we write about.

You are not our agent and we are not yours. Nothing we publish is a representation to your clients, and you must not present it as one or suggest that we have reviewed, endorsed, or taken responsibility for any advice you give.

These terms are solely between you and us. No client of yours, and no other third party, is an intended beneficiary of them or acquires any right to enforce them or to bring any claim against us.

03Research, accuracy, and how we handle being wrong

Our verdicts are opinions formed at a point in time from a versioned registry. Market data is sourced from third parties, including DefiLlama, and refreshes on a schedule; it may be delayed, incomplete, or wrong. On-chain conditions can change faster than any publication cycle.

We do not edit errors away. When a verdict changes, we supersede the memo and record what changed rather than silently revising it. That is a deliberate commitment to an auditable record, not a warranty that any verdict is correct. Nothing in our research is a guarantee of any outcome, and past performance of any protocol or asset does not indicate future results.

04Subscriptions, trial, and billing

The Advisor Research Plan is 49 US dollars per advisor per month. New subscriptions begin with a 14-day free trial. Unless you cancel before the trial ends, the subscription converts to a paid monthly term and renews automatically each month until cancelled.

Payments are processed by Stripe. By subscribing you also accept Stripe’s terms. We do not receive or store your full card details. You authorise us, through Stripe, to charge your payment method on each renewal.

You may cancel at any time from the billing portal linked in the terminal. Cancellation takes effect at the end of the current paid period; access continues until then. We do not provide refunds for partial periods, except where required by law. If a payment fails, we may retry it and may suspend or terminate access if it remains unpaid.

We may change pricing on renewal with at least 30 days’ notice to the email on your account. Fees exclude any applicable taxes, which are your responsibility unless we are required to collect them.

05Your account

A subscription covers one named advisor. Sign-in is by a one-time code sent to your email address; that address is your account. Keep access to it secure, do not share your codes, and tell us promptly if you believe your account has been used without your authorisation. You are responsible for activity under your account.

06What you may and may not do with the research

While your subscription is active, you may use Ketju’s research internally at your firm and in your own advisory work, including discussing it with your clients and incorporating its conclusions into materials you prepare for them, with attribution where you quote it.

You may not:

• republish, resell, syndicate, or otherwise make the research available as a product or feed to anyone outside your firm;
• share your credentials, or provide access to people the subscription does not cover;
• scrape, crawl, or bulk-extract the service, or use automated means to access it beyond ordinary reading;
• use the research or its outputs to train, fine-tune, or ground a machine-learning model or AI product;
• reverse-engineer the service, or attempt to defeat any access control.

All content, data compilations, methodology, and software remain our property or that of our licensors. These terms grant a limited, revocable, non-exclusive, non-transferable licence for the duration of your subscription, and nothing more.

07Digital asset risk

Digital assets involve substantial risk, including total loss of capital. Smart contracts can fail or be exploited; assets can be frozen or seized by issuers; liquidity can vanish; protocols and chains can be discontinued; and the regulatory treatment of these assets is unsettled and may change adversely and without warning. You should not act on our research without your own independent assessment.

08Availability

We aim to keep the service available but do not guarantee uninterrupted access. We may modify, suspend, or discontinue features, and may perform maintenance, without liability. We may suspend or terminate your access for breach of these terms or non-payment.

09Disclaimer of warranties

The service and all research are provided “as is” and “as available,” without warranty of any kind, whether express, implied, or statutory, including any implied warranty of merchantability, fitness for a particular purpose, accuracy, or non-infringement. We do not warrant that the service will be error-free, that any verdict is correct, or that any data is complete or current. Some jurisdictions do not allow certain exclusions, so parts of this section may not apply to you.

10Limitation of liability

To the fullest extent permitted by law, neither party is liable for indirect, incidental, special, consequential, exemplary, or punitive damages, or for lost profits, lost revenue, lost data, or trading or investment losses, arising from or relating to the service, even if advised of the possibility.

To the fullest extent permitted by law, our total aggregate liability arising from or relating to these terms or the service will not exceed the fees you paid us in the twelve months before the event giving rise to the claim. These limits apply regardless of the theory of liability and are a basis of the bargain between us.

11Indemnity

You will indemnify and hold harmless 1732 Studios LLC and its members, officers, and personnel from claims, losses, and reasonable legal costs arising from your use of the service, your breach of these terms, or claims by your clients relating to advice or decisions you made.

12Changes to these terms

We may update these terms. If a change is material, we will give notice to the email on your account before it takes effect, and it will apply from your next renewal. Continued use after a change takes effect means you accept it. Superseded versions are dated and retained.

13Governing law

These terms are governed by the laws of the State of Georgia, United States, without regard to its conflict-of-laws rules. The state and federal courts located in Georgia have exclusive jurisdiction, and both parties consent to venue there.

14Contact

1732 Studios LLC d/b/a Ketju Research
8735 Dunwoody Place N, Dunwoody, GA 30350, United States
[email protected]

See also the Privacy Policy.