The fine print. Terms of Use, Privacy Policy, and Disclaimer for this demo — an experimental, non-commercial system whose credits have no monetary value.
Terms of Use
Last updated: 2026-06-04.
These Terms govern your use of the Bounded Economy demonstration (the hosted app at boundedeconomy.com) and the related open-source software (the "Project"). By using the demo or running the software, you agree to these Terms and to the Disclaimer and Privacy Policy. If you don't agree, don't use it.
1. What this is
The Project is a free, non-commercial, experimental demonstration of an open-source economic design. It is not a financial service, a bank, a payment system, an exchange, or a regulated product. It is offered for research, education, and exploration only.
2. Eligibility
You must be at least 18 years old and able to form a binding agreement. The demo is not directed to children.
3. Accounts and identity
The design uses one verified human, one account. Don't create multiple accounts, impersonate anyone, or misrepresent who you are.
Sign-in may use a passkey (WebAuthn) held on your own device. You are responsible for your device and authenticator. Account or key recovery is not guaranteed — if you lose access, you may lose access permanently.
You are responsible for activity under your account.
4. No real money, no value
The "credits," balances, dividends, and similar units in the demo are demonstration units with no monetary value. They cannot be redeemed, cashed out, transferred outside the system, or converted into money or anything of value, and they are not a currency, security, or investment. See the Disclaimer. Do not use the demo as if it were a real payment, banking, or financial system, and do not rely on it for anything of real-world value.
5. Acceptable use
Don't:
use the Project for any unlawful purpose, or to facilitate one;
attack, overload, disrupt, or attempt to gain unauthorized access to the service or other users' data, except good-faith security testing reported responsibly (see Contact);
attempt to use, market, or represent the credits as real money, an investment, or a financial product;
harass other users or post unlawful, infringing, or harmful content.
We may suspend or remove access, accounts, or content that violate these Terms or threaten the service or its users.
6. Open source and contributions
The software and documentation are licensed under AGPL-3.0 (see LICENSE). Your use of the code is governed by that license. Contributions are accepted under the Developer Certificate of Origin (sign off commits with -s); there is no copyright assignment. The Project is a public good — adopted by communities, owned by none.
7. Privacy and transparency
How data is handled is described in the Privacy Policy. Note that the ledger is designed to be transparent and auditable: your account identifier and your ledger entries are visible to other participants and auditors. Don't put anything sensitive in your name, notes, or transactions.
8. Disclaimers and limitation of liability
The Project is provided "as is," without warranties, and the maintainers and contributors are not liable for any loss or damage arising from your use of it, to the maximum extent permitted by law. The full Disclaimer is incorporated into these Terms by reference.
9. Indemnity
To the extent permitted by law, you agree to hold the Project, its maintainers, and contributors harmless from claims arising out of your misuse of the Project or your violation of these Terms.
10. Changes and termination
We may change these Terms, or change, suspend, or discontinue the demo, at any time. Material changes will be reflected by updating the "Last updated" date. Continued use after a change means you accept it. You may stop using the demo and delete your account at any time.
11. Governing law
These Terms are governed by the laws of [jurisdiction — fill in], without regard to its conflict-of-laws rules, except where mandatory local law applies to you.
12. Contact
Questions, account/data requests, or security reports: open an issue at github.com/boundedeconomy/platform (for sensitive security reports, mark it accordingly or use the repository's private reporting where available).
Privacy Policy
Last updated: 2026-06-04.
This explains what the Bounded Economy demonstration collects and how it's handled. It applies to the hosted demo at boundedeconomy.com. This is an experimental, non-commercial project; we collect as little as possible.
The short version
We collect only what's needed to run the demo: your sign-in email address (used as your account name), your passkey's public key, and your activity in the ledger.
The ledger is transparent by design — your account name (your email address, if you signed in with Google) and transactions are visible to other participants and auditors. Don't enter anything sensitive.
We don't sell your data, show ads, or run third-party advertising trackers.
Demo data may be wiped at any time.
What we collect
Account information — your account identifier. With Google sign-in this is your email address (and the opaque subject id Google provides); in open/sandbox mode it's a display name you choose. The identifier is visible to other participants wherever your activity appears.
Authentication data — if you use a passkey (WebAuthn), we store the public key and credential identifier your device provides. Your biometrics and private keys never leave your device and are never sent to us.
Ledger activity — the transactions, balances, votes, recognition, and similar entries you generate, recorded in the ledger so the system can function and be audited.
Session data — a login session stored in your browser (e.g. local storage) so you stay signed in.
Technical/operational data — our hosting provider may record standard server logs (such as IP address, browser type, and timestamps) for security and to keep the service running.
We do not intentionally collect special-category personal data, and you should not provide any.
Transparency notice (important)
The whole point of the design is a ledger anyone can verify. As a result, your account identifier and your ledger entries are visible to other participants and to auditors, and may be re-verified in their browsers. Treat anything you put into a name, note, or transaction as public. Don't include personal, confidential, or sensitive information.
How we use it
Only to operate, secure, and improve the demo — create and authenticate your account, run the economy, show balances and history, let the books be audited, and prevent abuse. We do not use your data for advertising or sell it to anyone.
Third parties
Hosting — the demo runs on a third-party host (currently Render), which processes the technical/log data above on our behalf.
Passkeys — handled by your own device and operating system; we only receive the public key.
We don't share your data with anyone else except where required by law or to protect the service and its users.
Retention and deletion
This is a demo: data may be reset, altered, or deleted at any time. Playground data is throwaway by design. You can stop using the demo and request deletion of your account and associated entries via Contact (note that, to keep the ledger consistent and auditable, some records may be retained or anonymized rather than erased).
Your choices
You can leave at any time and request access to or deletion of your data via Contact below. Depending on where you live, you may have additional rights over your personal data; we'll honor applicable rights to the extent the law requires.
Children
The demo is not intended for anyone under 18, and we don't knowingly collect data from children.
Security
The ledger is tamper-evident (hash-linked logs, signed checkpoints), but no system is perfectly secure, and this one is experimental. Don't rely on it to protect anything important.
Changes
We may update this policy; the "Last updated" date will change accordingly.
Read this before using the Bounded Economy demo or code.
This is an experiment, not a product
The Bounded Economy is experimental, open-source research software. The hosted demo at boundedeconomy.com exists to let people explore an idea. It is unfinished, may contain bugs, and may change or shut down at any time without notice.
The credits are not money
Balances, "credits," dividends, and any other units shown in the app are demonstration units with no monetary value. They:
are not money, currency, or legal tender;
are not a security, investment, financial instrument, or store of value;
cannot be redeemed, exchanged, cashed out, transferred outside the system, or converted into anything of value;
carry no expectation of profit or return.
Nothing here is an offer, solicitation, or sale of any financial product.
Not advice
Nothing in this software, its documentation, or its research materials is financial, investment, legal, tax, accounting, or professional advice. The economic models, figures, and results are research outputs, not predictions or guarantees about the real world. Do not make any decision in reliance on them. Consult a qualified professional for your own situation.
Provided "as is"
The software and the demo are provided "as is" and "as available," without warranties of any kind, express or implied, including but not limited to merchantability, fitness for a particular purpose, non-infringement, accuracy, availability, or uninterrupted or error-free operation. (This restates, in plain language, the warranty disclaimer that already applies under the AGPL-3.0 license.)
No liability
To the maximum extent permitted by law, the project, its maintainers, and contributors are not liable for any loss or damage of any kind — including lost data, lost "credits," downtime, security incidents, or any direct, indirect, incidental, consequential, or punitive damages — arising from your use of, or inability to use, the software or the demo. You use it entirely at your own risk.
Availability and data
There is no guarantee the demo will be available, preserved, or backed up. Demo and playground data may be reset, altered, or deleted at any time. Do not store anything you cannot afford to lose, and do not enter sensitive personal information (see the Privacy Policy).
