Read this before participating
This disclosure describes material risks of Hecto Predictions Phase 1. You may lock $HECTO to one or more of five fixed company/question pairs during a 10-day window. One pair has an equal 20% chance to be drawn; valid lockers on the drawn pair may share an admin-set CC pool proportionally. A position may not be drawn and may receive no CC. No reward is guaranteed.
Read the Terms, Privacy Policy, round rules and wallet confirmations before use. This disclosure is not exhaustive and does not provide investment, legal, tax, accounting or other professional advice.
Current implementation boundary
Authentication and eligibility use configured Hecto services. The $HECTO adapter can submit live requests when the approved wallet and Canton configuration are available and the member confirms the operation. Verify every wallet prompt and authoritative ledger record; an interface state, animation or notification is not final proof of a transaction.
The configured administration service enforces server-verified roles, round cutoffs and frozen snapshots, records cryptographic draw evidence, and persists allocation and settlement-reference records. It does not send CC. A displayed pool, result, allocation or recorded settlement reference is not proof of payment or a legal entitlement.
$HECTO lock and custody risk
Digital assets may be volatile, illiquid, restricted or lose all value. A live lock can be irreversible or delayed, may require network or provider fees, and depends on wallet, Canton participant, contract and configuration correctness. Lost credentials, phishing, malware, wrong signatures, provider outages and network failure can result in loss or inability to act. Hecto will never request a seed phrase or private key.
Draw, timing and prize-pool risk
Each of the five pairs is intended to have exactly a 20% chance. Lock size does not alter that chance; it changes only the potential proportional allocation if that same pair is selected. The intended calculation is your valid locked $HECTO on the selected pair divided by all valid locked $HECTO on that pair, multiplied by the authoritative CC pool. Rounding, zero totals, eligibility, corrections, cancellations, invalid positions and settlement rules can affect the outcome.
Device clocks, network delay, transaction finality, cutoff enforcement, data defects, security events, legal restrictions or operational review can prevent or delay a lock, unlock, draw or settlement. The server-controlled draw and durable audit records reduce, but do not eliminate, these risks. Randomness, settlement controls and operational procedures require independent review before any distribution is enabled.
No company ownership or endorsement
Reference companies and their marks are used for identification and question context. A lock, draw result or reward allocation does not give you shares, corporate voting, dividend, information, redemption or governance rights in any referenced company. Hecto may have no relationship with a referenced company, and company information can be incomplete, delayed or incorrect.
Legal, regulatory and tax risk
Chance-based promotions, prizes, gaming, digital assets, token transfers, payments, privacy, sanctions and distributed-ledger activity are regulated differently across jurisdictions and can change. A live service may require licences, age or location controls, KYC, restrictions, reporting, tax withholding or a different design; it may not be available in your location. Seek independent advice before participating in any live activity.
Technology, provider and data risk
Software, wallet SDKs, APIs, smart contracts, cryptography, Canton infrastructure, email, hosting, data sources and service providers can fail or contain vulnerabilities. A defect can show the wrong balance, position, cutoff, chance, draw or reward. Hecto does not guarantee third-party availability, security, solvency, liquidity, pricing or performance.
Your acknowledgment
By continuing, you acknowledge that Phase 1 has five fixed pairs, a 10-day window and an equal 20% draw per pair; $HECTO amount does not improve the draw chance; a potential CC allocation is proportional only on the selected pair and is not guaranteed; recording an allocation or settlement reference does not transfer CC; and future product phases are not promised. Questions may be sent to legal@hecto.inc.
