MIDAS Terms of Use

Effective Date: September 1, 2026 | Last Updated: September 1, 2026

Welcome to Midas Lab. These Terms of Use ("Terms") govern your access to and participation in the Midas Lab mobile application, websites, mining services, ecosystem features, and related services operated by Midas Labs ("Midas Labs," "Company," "we," "us," or "our").

MIDAS is being developed as a digital ecosystem designed around community participation, mining, digital utility, and future blockchain-based services. By participating in the Midas Lab, users can contribute to the growth of the ecosystem while taking part in the current Mining phase.

By downloading, registering for, accessing, or using the Services, you confirm that you have read, understood, and agreed to these Terms. If you do not agree with these Terms, please discontinue your use of the Services.

1. Definitions

"App" means the Midas Lab mobile application and its updated or successor versions.
"Services" means the App, websites, Mining functionality, Account functionality, ecosystem features, and other services provided by Midas Labs.
"$MID" means the digital token associated with the Midas Lab and designed to support utility and participation within the MIDAS ecosystem.
"Mining" means the participation mechanism made available through the Services through which eligible Users may earn or accumulate $MID according to the applicable Mining rules.
"Mining Reward" means the amount of $MID attributed to an eligible User through qualifying Mining activity.
"Account" means a registered User account used to access the Services.
"User" / "You" means any eligible individual who accesses or participates in the Services.

2. Acceptance of the Terms

These Terms establish the conditions under which Users may access and participate in the Midas Lab.

Account registration, participation in Mining, use of the App, or continued use of any Service constitutes acceptance of these Terms.

These Terms should be read together with the MIDAS Privacy Policy, which separately governs the handling of personal information.

3. Eligibility

Participation in the Midas Lab is available to individuals who are 18 years of age or older.

You must be at least 18 years old to create and maintain a MIDAS Account.
By registering, you confirm that you satisfy the applicable age requirement.
An Account may not be created or operated for a person below the age of 18.
Midas Labs may apply reasonable eligibility verification measures where required for the proper operation of the Services.

Users are responsible for ensuring that participation in the Midas Lab is appropriate and permitted under the laws applicable to them.

4. The Midas Lab

MIDAS is a developing digital ecosystem focused on building a community-driven network around Mining, digital assets, blockchain technology, and future utility.

The current Mining phase provides eligible Users with an opportunity to participate in the early development and distribution stage of the MIDAS ecosystem.

As the ecosystem develops, Midas Labs may introduce additional technologies, applications, utilities, blockchain functionality, community features, and other ecosystem services.

The structure and functionality of the Midas Lab may naturally evolve as the technology, ecosystem, community, and applicable requirements develop.

5. Mining Participation

Mining is a participation mechanism through which eligible Users may contribute to the growth and distribution stage of the MIDAS ecosystem.

Users may receive Mining Rewards based on the Mining mechanism applicable to their Account and the activity recognized by the Services.

Mining participation does not require Users to become shareholders, members, employees, partners, or owners of Midas Labs.

The Mining system is designed to encourage genuine participation and long-term ecosystem engagement. Accordingly, Midas Labs may maintain reasonable rules relating to activity, eligibility, reward calculation, verification, referrals, and network integrity.

6. Mining Rate and Reward Calculation

Mining rates and reward calculations are determined by the current design of the Midas Lab and may be refined from time to time as the ecosystem develops.

Adjustments may be introduced to support network sustainability, fair distribution, technical development, community participation, security, ecosystem growth, or other operational requirements.

The Mining rate applicable to an Account at one point in time does not create a permanent entitlement to that particular rate.

Similarly, Mining Rewards are calculated according to the rules applicable to qualifying activity and may be subject to applicable verification and network conditions.

7. $MID and Ecosystem Utility

$MID is designed to serve as a digital asset associated with the MIDAS ecosystem and may support various forms of utility as the network develops.

The intended role of $MID may include ecosystem transactions, applications, participation mechanisms, network services, governance-related functionality, or other utilities introduced by the MIDAS ecosystem.

The actual availability of particular utilities may depend on the development stage of the ecosystem, technical implementation, applicable requirements, and the introduction of corresponding Services.

Users should consider $MID primarily in the context of participation in the developing MIDAS ecosystem rather than as a conventional financial product.

8. Participation and Financial Matters

The standard MIDAS Mining experience is designed around participation in the network rather than the provision of an investment product.

Users should not provide money to any person or entity claiming that a payment is required to obtain guaranteed Mining Rewards, guaranteed profits, or guaranteed future benefits from MIDAS.

Participation in Mining should not be understood as purchasing ownership in Midas Labs or acquiring a right to a particular financial outcome.

References to future ecosystem development, potential utility, adoption, market activity, or other future possibilities describe the development direction of the MIDAS ecosystem and should be considered in that context.

9. Future Ecosystem Development

Midas Labs intends to continue developing the MIDAS ecosystem and may introduce new applications, services, utilities, blockchain functionality, partnerships, integrations, and community features over time.

Development priorities may change as technical requirements, community needs, market conditions, regulatory considerations, and ecosystem opportunities evolve.

Any roadmap, proposed feature, anticipated integration, target milestone, or development objective represents the direction of development at the time of publication and may be refined as the project progresses.

10. Account Responsibility

Each User is responsible for maintaining the security and appropriate use of their MIDAS Account.

You must provide accurate information when creating your Account.
You must not impersonate another person or entity.
You must not knowingly provide misleading Account information.
You should maintain appropriate security over your Account credentials.
You should promptly address any suspected unauthorized access to your Account.
You must not knowingly permit another person to operate your Account in a manner that compromises the integrity of the Mining system.

11. Fair Mining Policy

The Midas Lab is built around genuine community participation. To maintain a fair environment for Users, Mining activity should be generated through normal and legitimate use of the Services.

Users must not attempt to artificially increase Mining Rewards through technical manipulation, automated systems, duplicate participation, or other methods that provide an unintended advantage.

Midas Labs may review activity where necessary to maintain the integrity and fairness of the Mining ecosystem.

12. Prohibited Use

Users must not:

Use automated bots or unauthorized scripts to operate Mining functionality;
Operate duplicate Accounts for the purpose of obtaining an unfair Mining advantage;
Manipulate Mining sessions, reward calculations, referrals, or Account functionality;
Exploit technical errors or unintended functionality for personal benefit;
Attempt to bypass security or platform restrictions;
Use modified or unauthorized versions of the App;
Attempt unauthorized access to another User's Account;
Interfere with the operation or security of the Services;
Use the MIDAS brand to conduct unauthorized financial activities or solicitations;
Misrepresent statements made by Midas Labs or present personal opinions as official Company announcements;
Use the Services for unlawful or fraudulent purposes.

13. Account Review and Reward Integrity

Midas Labs may conduct technical or operational reviews where activity appears inconsistent with the normal operation of the Services.

Where a review identifies activity that does not satisfy the applicable Mining requirements, Midas Labs may make appropriate adjustments to the affected Mining records or Account functionality.

These measures are intended to preserve an equitable Mining environment and protect genuine participants from activity that could distort the network's distribution mechanisms.

14. Referrals and Community Participation

Where referral or community participation programs are available, they are intended to encourage genuine user growth and community development.

Referral benefits are subject to the rules applicable to the relevant program and may be adjusted as the ecosystem develops.

Artificial referrals, self-referrals, duplicate Accounts, misleading promotions, or other attempts to manipulate referral mechanisms are not considered genuine participation.

15. Account Suspension or Restriction

Midas Labs may temporarily restrict or suspend an Account where reasonably necessary to protect the integrity, security, or proper operation of the Services.

Such action may be taken where there are reasonable grounds to believe that an Account has been involved in prohibited activity, security issues, manipulation, unauthorized access, or other conduct inconsistent with these Terms.

Where appropriate, Midas Labs may review the relevant activity before determining the appropriate outcome.

16. Account Termination

Midas Labs may terminate an Account where continued access is inconsistent with these Terms, applicable law, platform requirements, or the proper operation of the Midas Lab.

Termination may also occur where an Account has been used for fraudulent, abusive, automated, deceptive, or materially unauthorized activity.

Any Mining records associated with activity that does not satisfy the applicable participation requirements may be reviewed and treated accordingly.

17. Changes to the Midas Lab

As a developing technology ecosystem, MIDAS may evolve through software updates, infrastructure improvements, changes to Mining mechanisms, new utilities, revised reward structures, network upgrades, and other technical developments.

Midas Labs may make such changes when reasonably appropriate to support the continued development, security, efficiency, sustainability, or functionality of the ecosystem.

Continued participation in the Services means that Users acknowledge the evolving nature of the Midas Lab.

18. Third-Party Services and Integrations

The MIDAS ecosystem may interact with third-party wallets, exchanges, blockchain infrastructure, authentication services, marketplaces, applications, or other external platforms.

These services operate independently and may establish their own requirements, availability, fees, technical conditions, and policies.

Midas Labs may facilitate or support integrations with third-party services but does not control the independent operation of those services.

19. Digital Asset and Technology Considerations

Users acknowledge that blockchain technology and digital assets operate within a rapidly developing technological environment.

Network conditions, software updates, market activity, technical developments, third-party infrastructure, regulatory frameworks, and other external factors may influence how particular ecosystem features operate.

Users are responsible for using appropriate care when interacting with digital assets, wallets, blockchain networks, and third-party platforms.

20. Regulatory and Legal Requirements

The MIDAS ecosystem operates in an environment where laws and regulatory requirements concerning blockchain technology and digital assets may develop over time.

Midas Labs may introduce reasonable changes to the Services where necessary to respond to applicable legal, regulatory, technical, or operational requirements.

Users are responsible for complying with the laws applicable to their own participation and use of digital assets.

21. Taxes and Personal Obligations

Users are responsible for understanding and fulfilling any tax, reporting, or other personal obligations that may arise from their participation in Mining or their subsequent use of digital assets.

Midas Labs does not provide individualized tax or financial advice through the Services.

22. Intellectual Property

The MIDAS name, logos, trademarks, App, website designs, software, interfaces, graphics, documentation, content, and other materials associated with the Services are owned by or licensed to Midas Labs unless otherwise stated.

Your use of the Services does not transfer ownership of any intellectual property to you.

You may use the Services only for their intended purposes and in accordance with these Terms.

23. Community Content and Feedback

Where the Services provide opportunities to submit feedback, suggestions, ideas, or other community contributions, Users remain responsible for the material they submit.

Midas Labs may use reasonable feedback and suggestions provided by Users to improve the MIDAS ecosystem without creating any obligation to adopt or implement a particular suggestion.

24. Official MIDAS Communications

Midas Labs may communicate information regarding the Midas Lab through its official website, App, social channels, community channels, announcements, and other authorized communication methods.

Development information, ecosystem updates, technical announcements, and future plans may be refined as the project develops.

Users should rely on official Midas Labs channels when verifying information concerning the Midas Lab.

25. Unauthorized Representations

No community member, referral participant, influencer, third-party promoter, or other person is authorized to make commitments on behalf of Midas Labs unless expressly authorized by the Company.

Statements concerning guaranteed financial outcomes, unauthorized fundraising, private arrangements, or other commitments made independently by third parties do not form part of these Terms or create obligations for Midas Labs.

26. Service Availability

Midas Labs aims to provide reliable and continuously improving Services. From time to time, temporary interruptions may be necessary for maintenance, upgrades, security improvements, infrastructure changes, or other operational requirements.

Midas Labs may also modify or temporarily limit particular features where reasonably necessary to maintain the quality, security, or functionality of the ecosystem.

27. Disclaimer

Information provided through the Services is intended to support participation in and understanding of the MIDAS ecosystem.

Information regarding future development, ecosystem functionality, Mining mechanisms, potential utilities, or other forward-looking matters represents information available at the relevant time and may develop alongside the project.

Users should make their own independent decisions regarding participation and should seek appropriate professional advice where their individual circumstances require it.

28. Limitation of Liability

To the maximum extent permitted by applicable law, Midas Labs and its directors, officers, employees, affiliates, contractors, and service providers shall not be responsible for indirect, incidental, special, consequential, or similar losses arising from circumstances outside the Company's reasonable control or from a User's breach of these Terms.

This includes circumstances involving third-party services, blockchain infrastructure, technical interruptions, unauthorized Account activity, changes in applicable laws or regulations, or actions undertaken independently by a User.

Nothing in these Terms limits any liability that cannot lawfully be limited under applicable law.

29. Indemnification

To the maximum extent permitted by applicable law, you agree to indemnify and hold harmless Midas Labs, its directors, officers, employees, contractors, affiliates, and service providers from claims, liabilities, losses, damages, and reasonable expenses arising from your violation of these Terms, misuse of the Services, unlawful activity, or infringement of another person's rights.

30. Force Majeure

Midas Labs shall not be responsible for circumstances beyond its reasonable control, including natural events, government actions, regulatory changes, network disruptions, infrastructure failures, telecommunications failures, cyber incidents, blockchain-related events, or other circumstances that materially affect the Company's ability to provide the Services.

31. Changes to These Terms

Midas Labs may update these Terms from time to time to reflect changes in the MIDAS ecosystem, Services, technology, legal requirements, or operational practices.

The updated version will display a revised "Last Updated" date.

Continued use of the Services following the effective date of updated Terms constitutes acceptance of the revised Terms. Users who do not agree with an updated version should discontinue use of the Services.

32. No Waiver

A delay or failure by Midas Labs to enforce any provision of these Terms does not constitute a waiver of that provision or prevent the Company from enforcing it at a later time.

33. Severability

If any provision of these Terms is determined to be invalid or unenforceable, the remaining provisions will continue to apply to the maximum extent permitted by applicable law.

34. Entire Agreement

These Terms, together with the MIDAS Privacy Policy and any additional terms expressly incorporated into the Services, constitute the agreement governing your use of the Midas Lab.

35. No Transfer of Rights

Your Account and participation rights are personal to you unless Midas Labs expressly provides otherwise. You may not transfer contractual rights or obligations under these Terms without appropriate authorization.

Midas Labs may transfer or assign its rights and obligations where appropriate in connection with corporate restructuring, acquisition, merger, financing, sale of assets, or continued operation of the MIDAS ecosystem.

36. Governing Law and Dispute Resolution

These Terms shall be interpreted in accordance with the laws applicable to Midas Labs and its Services, subject to mandatory rights and requirements that cannot lawfully be excluded.

Users are encouraged to contact Midas Labs first regarding any concern or dispute and provide the Company with a reasonable opportunity to review and address the matter.

37. Relationship Between the User and Midas Labs

Participation in the Midas Lab does not establish an employment, partnership, agency, brokerage, fiduciary, or joint venture relationship between a User and Midas Labs.

Participation in Mining or holding $MID does not by itself provide ownership or equity rights in Midas Labs.

38. Continued Ecosystem Participation

MIDAS is being built as a long-term digital ecosystem with continued development driven by technology, community participation, ecosystem utility, and network growth.

By participating in the Mining phase, Users acknowledge that they are participating during an active stage of ecosystem development and agree to follow the rules applicable to the Services as they evolve.

39. Contact Us

If you have questions regarding these Terms, Mining participation, your Account, or the Midas Lab, you may contact Midas Labs through its official communication channels.

Company: Midas Labs
Website: https://midasmine.com
Privacy Email: privacy@midasmine.com

By continuing to use the MIDAS Services, you acknowledge that you have read, understood, and agreed to these Terms of Use and the rules governing participation in the MIDAS ecosystem.