Terms of service

These terms govern the use of BidMeme, an advertising marketplace in which coins pay to be shown in the menu bar of people who run the BidMeme Mac app, and those people are paid for verified attention. BidMeme also publishes a page for the coins it can read. By creating an account, installing the app, putting money behind a coin or using a coin page you accept them.

1. Hosts

A host installs the Mac app, signs in with an X account they control, and chooses whether to publish a profile. A host is an independent contractor. Nothing here creates employment, agency, partnership or a joint venture, and a host decides when the app runs, when it is paused, and which coins it will not carry.

• The price per verified hour is an output, not a rate anybody sets: it is everything the pool is spending divided by the hours the network delivers, measured against a trailing average rather than that day's. Every coin pays the same price, and a host is paid up to 70 percent of it.
• A minute is verified only when, for the whole minute, the display was awake, the session unlocked, the screen saver off, there was input in the last three minutes, the status item was visible and not occluded, the coin scheduled for that minute was what it showed, and it had not been paused.
• Hours paid are computed on the server from accepted minutes. Nothing the app reports is trusted as a total. At most 60 minutes an hour and 14 hours a day are accepted, from one device at a time.
• A host is paid for verified attention by the method, on the schedule and after any waiting period the platform publishes at the time. A host nominates where they are paid, and a change to that nomination takes effect only after the published delay.
• Faking attention in any way, including virtual machines, input automation or running several devices under one account, forfeits unpaid earnings and closes the account. Flags hold payouts pending a review by a person.

2. Putting money behind a coin

• Money put behind a coin is advertising spend. It buys display and nothing else. It is not a deposit, it does not bear interest, it is not an investment in the coin or in the platform, and it confers no right to anything but display.
• A coin has a balance and a speed, and each contribution carries its own. A coin's share of the network's bars is its share of the total speed, and nobody owns a coin's number: anyone may add to it.
• Nothing is refunded, because nothing undelivered is ever charged. A coin is charged for the hours actually delivered to it at the price above, and whatever is not spent stays in the pool as that contribution's remaining balance. A contributor may withdraw their own remainder, and only their own, after the published notice period.
• Every contribution carries a maximum price per verified hour. When the price would exceed it, the money is not spent rather than being spent at a worse rate.
• A takeover is bought in whole days, paid up front, at the quoted price. Anyone may take it by beating that quote. If they do, the days not used become balance in the pool for the same coin rather than being refunded.
• What may be advertised, and the standard it must meet, are published and are applied by the platform. The standard is checked on an ongoing basis, and anything that stops meeting it is withdrawn from display. Adult content, political advertising, weapons and anything unlawful where a host sits are refused.
• An API key acts as the account that minted it. Keep it secret; anything done with it is done by you.
• Amounts committed but not earned are returned by the route they arrived, less anything already held or charged.

3. Coin pages, scans and swaps

BidMeme publishes a page for coins it can read, whether or not anyone has paid to show them. A page may carry an automated scan of the coin's contract, figures from a price feed and from the chain, the attention the coin bought if it bought any, and, where it is offered, a way to trade the coin from your own wallet.

• The scan is an automated reading of a contract at one moment, published with its limits. It is not a review of the coin or of the people behind it, not advice and not an endorsement. Paying for display never changes a scan.
• Where a coin has paid for display, its page says so. Its link to the coin's own site is a paid link and is not a recommendation.
• Where a swap is offered, it is a trade you make from your own wallet on a public chain, through routing software provided by a third party that BidMeme does not operate. BidMeme does not hold your funds or your keys, is not a party to the trade, does not set the price and cannot reverse or refund it. What you see is a quote. The chain decides what you receive, within the limit the quote states.
• BidMeme's fee on a swap, where it takes one, is stated on the page before you sign and is included in the quote. BidMeme is paid the same whichever coin is traded.
• BidMeme is not a broker, an exchange, a custodian or an adviser. Nothing on a coin page is a recommendation to buy, sell or hold anything. Trading coins can lose everything you put in. The taxes and rules that apply where you live are yours to follow.
• A page, a scan or a swap may not be offered in every place, may be withdrawn and may change in how it works. Which coins get a page and what a page carries are the platform's decisions.

4. The platform

• BidMeme runs the market, verifies attention, and holds funds in an escrow contract between the two sides. Verification and the anomaly sweep are decided by the server, and every day's payout is published so anyone can recompute it.
• The platform's share is a published percentage of what is spent, taken as its own line in each day's payout rather than as a spread. It is visible in the published tree beside what every bar was paid.
• Nothing is promised about how many bars a coin reaches, what a bar earns, or who sees it. Those follow from what everyone else is spending and from how many hours the network delivers, both of which move.
• The service is provided as is. To the extent the law allows, the platform is not liable for indirect or consequential loss, and its liability to any account is capped at the amounts that account paid or earned in the preceding three months.
• Accounts that break these terms can be suspended or closed. Money already earned by a host in good standing is paid.

5. Changes and law

How placements are sold, how attention is verified, how funds are held, how either side is paid, what a coin page carries and how a swap is routed are mechanisms of the service, not promises of these terms. The platform may change them, and the rules, rates and standards it publishes at the time are the ones that apply. Nothing already earned by a host or already committed to a coin is changed by a change to a mechanism.

Changes to these terms are posted here with a new effective date and, for anything that affects money, sent to the account's sign-in address at least fourteen days before they apply. The law of the operator's place of registration governs; nothing here removes rights a consumer has under the law where they live.