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Legal

Terms of Use

Version 1.0 · Effective date: 1 October 2026

AVELYTH PLATFORM LTD · Registration No. HE 497254 · Tax Identification No. 60402251T
Arch. Makariou III, 115, 3021 Limassol, Cyprus · [email protected] · +357 97 916299

1. Who we are and what these Terms cover

1.1 Operator. These Terms of Use ("Terms") are a binding agreement between you ("you", "User") and AVELYTH PLATFORM LTD, a private limited company incorporated in the Republic of Cyprus under registration number HE 497254, with its registered office at Arch. Makariou III, 115, 3021 Limassol, Cyprus ("Legends", "we", "us", "our"). We develop and operate software platforms and organise professional events.

1.2 Scope. These Terms govern your use of the website at legends.app (the "Site"), the Legends web and mobile application (the "Platform"), our in-person and online events and sessions (including the InvestHack, Meet the Legends and Demo Day formats), our WhatsApp Business channel, and all related services, content, communications and features (together, the "Services").

1.3 Related documents. These Terms incorporate by reference:

  • our Privacy Policy at legends.app/privacy;
  • for Members, the Legends Codex of Honour, as made available to Members on the Platform (the "Codex");
  • Schedule A (Eligibility Criteria and Verification Standards); and
  • Schedule B (Pre-Payment Acknowledgement).

If these Terms conflict with the Codex, these Terms prevail. If they conflict with the Privacy Policy on a data-protection matter, the Privacy Policy prevails.

1.4 Acceptance. By accessing the Site, registering an Account, applying for Membership, registering for or attending an event, messaging us on WhatsApp, or paying a Membership Fee, you confirm that you have read and agree to these Terms, that you are at least 18 years old, and that you have the legal capacity to enter into a binding contract. If you do not agree, do not use the Services.

1.5 Changes. We may amend these Terms from time to time. We will give registered Users at least 14 days' notice of material changes by email or by prominent notice on the Platform. Changes do not alter the fee or the core scope of a Membership Term you have already paid for, unless required by law or in your favour. Continued use of the Services after the effective date of a change is acceptance of the amended Terms.

2. Definitions

  • "Account" – your user account on the Platform.
  • "AI Matching" – our software, which uses machine learning and large language models, that proposes introductions between Members based on their profiles and stated needs.
  • "Capability Audit" – the onboarding questionnaire in which a Member describes their assets, needs and objectives.
  • "Curated Partner" – a fund, investor or strategic partner we admit to specified events or features without charging a Membership Fee.
  • "Event Attendee" – any guest, prospect, Curated Partner or other non-Member admitted to a Legends event.
  • "Member" – a User who has paid the Membership Fee, obtained a positive Verification Outcome and been admitted to the network.
  • "Membership Fee" – the fee for a Membership Term as displayed at checkout and confirmed in your receipt.
  • "Membership Term" – the period of 12 months from the date of admission, and each renewal period.
  • "Verification Provider" – Persona Identities, Inc. ("Persona"), or another independent identity-verification provider we designate.
  • "Verification Outcome" – the outcome (approve, reject or flag for review) issued by the Verification Provider.

3. Eligibility, application and verification

3.1 General eligibility. You may use the Services only if you are at least 18 years old, able to enter into binding contracts, not subject to sanctions imposed by the United Nations, the European Union, the United Kingdom or the United States, and not located in a jurisdiction where use of the Services would be unlawful.

3.2 Membership categories. Membership is open to natural persons who fall within at least one of the categories in Schedule A: Founder / Co-Founder, Senior Executive, or Investor. We may offer different membership plans (for example for private investors, funds and corporate investors). The plan, its price and any plan-specific conditions are shown at checkout.

3.3 Business purpose. You confirm that you apply for and hold Membership wholly or mainly for purposes relating to your trade, business, profession or investment activity, and not as a consumer. We price and offer Membership in reliance on this confirmation. If you are nonetheless a consumer under the mandatory law of your country of habitual residence, Sections 6.6 and 6.8 apply to you.

3.4 Independent verification. Every applicant must complete identity, sanctions and eligibility verification with the Verification Provider and obtain a positive Verification Outcome before admission. The Verification Provider is an independent third party that applies its own automated checks: identity-document authenticity, face match and liveness, sanctions and politically-exposed-person screening, and business and financial documents against Schedule A. We do not control its decision logic. An adverse Verification Outcome means that at least one criterion you confirmed before payment was not met. Any complaint about the Verification Provider's own process should be raised with it directly, without prejudice to Section 3.5.

3.5 Human review. If you believe an adverse Verification Outcome resulted from a factual or technical error (for example a misread document, an incorrect sanctions match or a wrong threshold calculation), you may request human review within 14 calendar days by writing to [email protected], identifying the error and attaching supporting documents. A person not involved in the original outcome will review the request and the evidence and reply in writing within 14 calendar days. This gives effect to your rights under Article 22 of the General Data Protection Regulation ("GDPR"). The review decision is final for our internal purposes, without prejudice to Section 13.

3.6 Verification window. You must complete verification within 14 calendar days of paying the Membership Fee. If you do not, for any reason, the Membership Fee is forfeited and no refund is due. On written request received before the deadline, we may extend the window once by up to 14 further days where you show documented good cause (for example a medical emergency or a verification-platform outage).

3.7 Onboarding window. Within 14 calendar days of a positive Verification Outcome you must log in to the Platform and complete the Capability Audit in full and in good faith. If you do not, the Membership Fee is forfeited and no refund is due. The same extension rule applies.

3.8 Re-verification. Verification is a continuing condition of Membership. We may require re-verification at least once in each 12-month period, and additionally where we reasonably believe your information is out of date, where law or sanctions obligations require it, or where your circumstances have materially changed. You must complete re-verification within 14 calendar days of our notice. Sections 3.4 and 3.5 apply to re-verification. If you do not complete or pass re-verification we may suspend, terminate or decline to renew your Membership, without refund. A failure caused by a platform outage or our own error does not put you in default.

3.9 Guests and Curated Partners. We may require any Event Attendee or Curated Partner to complete identity, sanctions and eligibility screening as a condition of invitation, admission or continued access, whether or not a fee is charged.

3.10 Pre-Payment Acknowledgement. Before paying, every applicant must tick a single, unticked acknowledgement box at checkout confirming their eligibility, the verification process and deadlines, the no-refund rule, the communications and recording consents, and acceptance of these Terms. The text is reproduced in Schedule B. Payment cannot proceed until the box is ticked.

3.11 Account security. You must provide accurate and complete information, keep your login credentials confidential, and tell us immediately at [email protected] of any actual or suspected unauthorised access. You may hold one Account only.

3.12 No right of admission. Submitting an application or paying a fee does not guarantee admission. We may accept or decline any application at our discretion, without giving reasons.

3.13 Continuing eligibility. You confirm that you meet the Eligibility Criteria on application and throughout each Membership Term, and you will tell us promptly in writing of any material change. Loss of eligibility is a ground for termination.

4. The Services

4.1 What we provide. Membership gives access, for the Membership Term, to an integrated programme of: (a) in-person events; (b) online events and sessions; and (c) the Platform, including the Capability Audit, Member profiles, AI-assisted introductions reviewed by our team, opportunity posts, messaging and notifications. The features available may change over time.

4.2 Availability. We will use reasonable efforts to keep the Services available but do not guarantee uninterrupted, timely or error-free operation. The Services may be interrupted by scheduled maintenance, upgrades, third-party outages or events outside our control. We may modify, suspend or withdraw any feature.

4.3 Beta features. Features marked beta, preview or experimental are provided as they are, may contain errors, may be changed or withdrawn at any time, and carry no service commitment.

4.4 Third-party services. The Services rely on third-party providers, including payment processing, identity verification, cloud hosting, messaging (including the WhatsApp Business Platform), video conferencing, scheduling and AI services. The providers we use are described in the Privacy Policy and may change. Your use of a third-party service is subject to that provider's own terms. We are not responsible for third-party services.

4.5 Introduction events and Event Attendees. Membership is by application and invitation. We host free introduction events online and, from time to time, in person. Registering for an event or submitting an application, whether on the Site or through a registration page we designate, is acceptance of these Terms and the Privacy Policy. Attendance at a free event creates no fee obligation and no right to Membership. Selected prospects may attend up to two complimentary introduction events. Every Event Attendee is bound by the provisions of these Terms on conduct, confidentiality, recordings, anti-bypass, liability and disputes, whether or not they later become a Member.

An Event Attendee must not record, photograph, screenshot, copy, circulate or commercially exploit any attendee list, discussion, introduction, presentation or other non-public information obtained at an event, and must not use any contact obtained at an event for unsolicited pitching, bulk outreach, fundraising, recruiting or circumvention of our facilitation role. We may refuse admission to, or remove from, any event anyone who breaches these Terms, poses a safety, legal or reputational risk, or fails screening. Attendance at in-person events is at your own risk and subject to venue rules, save as provided in Section 10.5.

5. Conduct

5.1 Acceptable use. You must use the Services lawfully and in accordance with these Terms, the Codex (if you are a Member) and the terms of any third-party service. You must not, and must not allow anyone else to:

  • misrepresent your identity, qualifications, financial standing or affiliation;
  • post or send content that is unlawful, defamatory, harassing, threatening, fraudulent or otherwise objectionable;
  • circumvent security or access controls, scrape or harvest data, introduce malicious code, or carry out security testing without our written authorisation;
  • reverse-engineer any part of the Platform, or use AI Matching outputs to train any model not operated by us;
  • send unsolicited commercial messages or cold-pitch other Members;
  • disclose information about another User to a third party without that User's and our prior written consent;
  • use the Services for money laundering, terrorist financing, sanctions evasion, fraud, market abuse, bribery or any other unlawful purpose;
  • collect images, biometric identifiers or other personal data of other Members;
  • exaggerate your capabilities, business metrics or achievements; or
  • interfere with the operation of the Services or other Users' enjoyment of them.

5.2 Anti-bypass. Our facilitation role is central to the value of the network. You agree that any introduction, lead, opportunity or relationship arising in whole or in part from the Services is sourced through us, even if contact later moves to direct channels. You must not structure communications or transactions to conceal from us a deal, partnership, investment, hire or other commercial outcome that arose from the Services; encourage or help another Member to circumvent our facilitation; or use introductions, Member profiles or relationship data for mass marketing, mass pitching or recruiting. We may investigate suspected bypass and require your reasonable cooperation. Bypass is a fundamental breach and entitles us to terminate without refund and pursue all available remedies.

5.3 Confidentiality. You must keep confidential all non-public information obtained through the Services, including the identities, contact details, profiles and business affairs of other Members; introductions and the reasoning behind them; the content of sessions, meetings and communications; deal terms between Members; and our methods, systems and operational practices. You must not disclose, forward, screenshot, reproduce or share such information with anyone (including employees, advisers or business partners) without our prior written consent and, where relevant, the consent of the Member concerned. This obligation survives termination for five years, and indefinitely in respect of Member identities and our trade secrets.

5.4 Codex of Honour. Members are additionally bound by the Codex as a contractual obligation between the Member and us. Where the Codex is more specific than this Section 5, the Codex applies to Members.

5.5 Reporting. If you witness or suspect a breach of these Terms or the Codex, please report it to [email protected] with dates, parties and evidence. We treat reports confidentially where we can, but cannot guarantee anonymity where fairness to the person concerned or applicable law requires disclosure. Knowingly false reports are themselves a breach of these Terms.

6. Fees, payment and refunds

6.1 Membership Fee. The Membership Fee is the amount displayed at checkout and confirmed in your receipt, in the currency indicated there. We may vary fees at any time, including through promotional or invitation-specific pricing. The fee for a renewal term is the fee in effect at the time of renewal.

6.2 Payment. Payment is processed through Stripe or any other method we designate (including bank transfer for business customers). By providing payment details you confirm that you are authorised to use the payment method and you authorise us and our payment processor to charge the applicable amount.

6.3 Taxes. Fees are exclusive of VAT and other taxes unless stated otherwise at checkout. Cyprus VAT is charged where applicable. Business customers in other EU member states who provide a valid VAT identification number are invoiced under the reverse-charge mechanism. You are responsible for any taxes due in your own jurisdiction.

6.4 Term and renewal. A Membership Term is 12 months. Renewal requires your affirmative acceptance and payment, unless we introduce auto-renewal with clear disclosure at checkout and a reminder sent before the renewal date. We may decline any renewal at our discretion.

6.5 No refunds. THE MEMBERSHIP FEE AND ANY OTHER FEES PAID TO US ARE NON-REFUNDABLE. No full, partial or pro-rated refund, credit or set-off is due in connection with: an adverse Verification Outcome on any ground; lapse of the verification or onboarding window; misrepresentation; termination for cause; suspension; voluntary withdrawal or non-renewal; failure to respond to our communications for more than 30 consecutive days; non-use of the Services; or dissatisfaction with the number, quality, relevance, timeliness or outcome of any introduction, event or other facilitation. The only exceptions are Sections 6.6 and 6.8. You acknowledge that this policy is a material basis of our pricing.

6.6 Consumers: right of withdrawal. If, contrary to Section 3.3, you contract as a consumer and the mandatory law of your country of habitual residence gives you a right of withdrawal (in the EU, under Directive 2011/83/EU as implemented in Cyprus by the Consumer Protection Law of 2021), you may withdraw from the contract within 14 days of the day it is concluded, without giving reasons, by sending a clear statement to [email protected]. At checkout you may expressly request that we begin providing the Services (including verification and Platform access) during the 14-day period. If you then withdraw, you must pay an amount proportionate to the Services provided up to the day you notify us. If the Services have been fully performed within the 14-day period at your express request and with your acknowledgement that you will lose the right of withdrawal, that right is lost. Nothing in this Section creates a contractual right of refund beyond what mandatory law requires.

6.7 Failed payments. If a payment fails or is reversed (including by chargeback), we may suspend your access, terminate your Account and Membership, and recover the sums owed together with reasonable collection costs. A chargeback or payment dispute raised in bad faith is a material breach of these Terms.

6.8 Statutory rights. Nothing in these Terms excludes, restricts or modifies any right or remedy under the mandatory consumer-protection law of your country of habitual residence that cannot lawfully be excluded, including rights in respect of services not performed with reasonable care and skill or not as described. Where a provision of these Terms conflicts with such a right, the right prevails and the rest of these Terms continues to apply.

7. No guarantee of outcomes; no professional advice

7.1 No outcome guarantee. We provide access to events, sessions and a platform that facilitates introductions. We do not guarantee any number, frequency, quality, relevance or outcome of introductions, matches, events or connections, nor any business result, investment, deal, partnership, employment or financial return. Arrangements between Members, or between a Member and a third party, are entered into at their own risk. We are not a party to them.

7.2 No professional advice. Nothing in the Services is legal, financial, investment, tax, accounting or other professional advice. We are not a financial adviser, investment firm, broker, dealer, crowdfunding service provider or any other regulated firm. Obtain independent professional advice before acting on anything you learn through the Services.

8. Intellectual property and content

8.1 Our intellectual property. The Services, the Platform, AI Matching, the Codex, our software, designs, databases, trademarks (including the LEGENDS name and logo) and all related intellectual property rights belong to us or our licensors. No rights are granted to you except the licence in Section 8.2.

8.2 Licence to you. Subject to your compliance with these Terms, we grant you a personal, revocable, non-exclusive, non-transferable, non-sublicensable licence to use the Services for your own business purposes for the duration of your Account or Membership. You may not resell, sublicense, copy, modify or create derivative works of any part of the Services, use them on behalf of a third party, or remove any proprietary notices.

8.3 Your content. You retain ownership of the content you submit to the Services (profile information, Capability Audit answers, posts, messages, files and feedback). You grant us a worldwide, royalty-free, sublicensable licence to host, store, reproduce, adapt, display and otherwise use that content for the purposes of operating, securing, improving and providing the Services, including generating introductions. This licence lasts for as long as we need it to provide the Services and to meet our legal retention obligations, and continues indefinitely for anonymised or aggregated derivatives from which you cannot be identified. We will ask for your separate consent before using your name, image, likeness or content in marketing or case studies.

8.4 Your warranties. You confirm that you have the rights needed to submit your content and grant the licence above, that your content does not infringe third-party rights or contain unlawful material, and that our use of it under these Terms will not breach any obligation you owe to others.

8.5 Feedback. You assign to us all rights in suggestions, ideas and feedback you provide about the Services, without restriction or compensation.

8.6 Infringement complaints. If you believe material on the Services infringes your rights, write to [email protected] with your contact details, identification of the work and of the allegedly infringing material, a statement of your good-faith belief that the use is unauthorised, and a statement that you are the rights holder or authorised to act. We may remove material at our discretion and may terminate the Accounts of repeat infringers.

9. Communications, recordings and AI

9.1 Privacy. Our Privacy Policy explains how we process personal data, including through the WhatsApp Business Platform, identity verification, session recordings and AI systems. Please read it.

9.2 AI-assisted introductions. Introductions and recommendations are generated with the help of AI Matching, using the information in your profile and Capability Audit, and are reviewed by our team before they reach you. AI outputs may contain errors, omissions or bias. They are a starting point for your own judgment, and we give no warranty as to their accuracy, completeness or suitability. You may ask for a human explanation of any introduction proposed to you, and you may ask to receive introductions on a manual-only basis, where operationally practicable.

9.3 Recording of sessions. Online events, sessions, video meetings and calls organised or facilitated by us, and calls with our team, may be recorded and transcribed for service delivery, follow-up, quality assurance and dispute-defence purposes, as described in the Privacy Policy. We will tell you at or before the start of each recorded session. Where applicable law requires the consent of all participants, recording will not begin unless every participant has consented or has remained in the session after the notice. In-person events may be filmed and photographed; we will tell you at registration or at the venue. By joining or remaining in a session after the notice, you agree to the recording.

9.4 Service communications. We will contact you about your application, verification, Membership, events, introductions, billing, security and conduct matters through the channels you have given us: the Platform (in-app messages and notifications), email, telephone and SMS, WhatsApp, push notifications, and any other channel you have opted into. These are Service Communications, necessary to provide the Services, and you cannot opt out of them while keeping your Membership. You may, however, always stop WhatsApp messages as described in Section 9.5, in which case we will use another channel.

9.5 WhatsApp. We communicate with applicants, Members and event registrants through the WhatsApp Business Platform operated by Meta. We send you WhatsApp messages only if you have messaged us first, given us your WhatsApp number and ticked the WhatsApp opt-in on a form or at checkout, or otherwise opted in. You may stop receiving WhatsApp messages from us at any time by replying STOP, by blocking or reporting our business number within WhatsApp, or by writing to [email protected]. Messages exchanged through WhatsApp are also processed by Meta under WhatsApp's own terms and privacy policy.

9.6 Marketing communications. Newsletters, promotional content, surveys unrelated to your active participation, and information about products beyond your current Services are sent only with your separate opt-in consent (or, for existing customers, where applicable law allows with a right to object). You can withdraw consent at any time through the unsubscribe link in any email, by replying STOP on WhatsApp, or by writing to [email protected], without affecting Service Communications.

9.7 AI voice assistant. Some telephone calls we place, for event reminders, confirmations, screening and follow-up (including sales and marketing), are made by an automated AI voice assistant rather than a human caller. At the start of each call the assistant identifies itself as an automated AI assistant for Legends and says that the call is recorded. You may end the call or ask not to be called again at any time, and we will add you to our do-not-call list. We make AI marketing calls only where we hold the consent required by the law applicable to your telephone number.

9.8 Sharing contacts after breakout rooms. If you opt in at registration ("Connect me with my group"), after a breakout room we will share your registered name, email address, phone number and LinkedIn URL with the other opted-in participants in your room, give you theirs, and send you a short summary of who you met. If you do not opt in, no exchange occurs. Contacts received this way are for personal, one-to-one follow-up only. Adding them to marketing lists, a CRM for outbound campaigns or automated outreach without their separate consent breaches these Terms and may breach data-protection law.

10. Disclaimers and limitation of liability

10.1 "As is". To the extent permitted by law, the Services are provided "as is" and "as available", without warranty of any kind, express or implied, including as to merchantability, fitness for a particular purpose, accuracy, non-infringement, security or uninterrupted operation.

10.2 Excluded losses. To the extent permitted by law, neither we nor our directors, employees, agents, affiliates or service providers are liable for any indirect, incidental, special or consequential loss, or for any loss of profit, revenue, business, opportunity, goodwill or data, arising out of or in connection with these Terms or the Services, whether in contract, tort (including negligence), breach of statutory duty or otherwise.

10.3 Cap. To the extent permitted by law, our total aggregate liability to you for all claims arising out of or in connection with these Terms or the Services, however arising, is limited to the greater of (a) the fees you paid us for the Services in the 12 months preceding the event giving rise to the claim, and (b) EUR 100.

10.4 Member arrangements. We are not a party to, and have no liability for, any arrangement, transaction or communication between you and another Member or third party.

10.5 Carve-outs. Nothing in these Terms excludes or limits liability for death or personal injury caused by negligence, for fraud or fraudulent misrepresentation, for gross negligence or wilful misconduct, or for any other liability that cannot be excluded or limited under applicable law.

10.6 Basis of the bargain. You acknowledge that these limitations are a fundamental part of the bargain between us and that we would not provide the Services on the agreed terms without them.

11. Indemnity

You will indemnify and hold harmless us and our directors, employees, agents and affiliates against all claims, losses, liabilities, fines and reasonable costs (including legal fees) arising out of or in connection with: your use of the Services; your content; your breach of these Terms, the Codex or applicable law; any misrepresentation by you, including of your eligibility; any arrangement, transaction or communication between you and another Member or third party; or your negligence or wilful misconduct. This Section survives termination.

12. Suspension, termination and appeal

12.1 Suspension. We may suspend your access to all or part of the Services immediately and without prior notice where we reasonably believe that you have breached or are likely to breach these Terms or the Codex; your conduct presents a security, legal or reputational risk; suspension is required by law or by a competent authority; we need to investigate suspected misconduct; or you have not completed required re-verification.

12.2 Termination by us. We may terminate your Account and Membership at any time on written notice. We may terminate immediately and without liability for: material breach of these Terms or the Codex; failure of verification or re-verification; lapse of the verification or onboarding window; chargeback, payment reversal or non-payment; a confirmed sanctions match; misrepresentation; or conduct we reasonably determine to be harmful to the network, its Members or its reputation.

12.3 Termination by you. You may close your Account at any time by writing to [email protected] or through your Account settings, where available. Closing your Account does not entitle you to a refund except under Sections 6.6 and 6.8.

12.4 Effect of termination. On termination your right to use the Services ends immediately; we may delete your Account, profile and content subject to the retention periods in the Privacy Policy; any sums you owe become immediately due; and the provisions of these Terms that by their nature should survive (including Sections 5.2, 5.3, 8, 10, 11, 13 and 14) survive.

12.5 Appeal. If we terminate for cause (other than for an adverse Verification Outcome, a confirmed sanctions match or fraudulent misrepresentation), you may appeal within 14 calendar days by writing to [email protected] and stating the factual or procedural grounds of your appeal. A person not involved in the original decision will reply in writing within 14 calendar days and may confirm the termination, substitute a lesser sanction, or reverse the termination. Using this process is a precondition to bringing any claim about the termination under Section 13.

13. Governing law and disputes

13.1 Governing law. These Terms, and any non-contractual obligations arising out of or in connection with them, are governed by the laws of the Republic of Cyprus. The United Nations Convention on Contracts for the International Sale of Goods does not apply.

13.2 Internal resolution first. Before starting proceedings, you must notify the dispute in writing to [email protected]. Both parties will then attempt in good faith to resolve it through direct discussion for at least 30 days.

13.3 Courts. The courts of the Republic of Cyprus have exclusive jurisdiction over any dispute arising out of or in connection with these Terms or the Services. Either party may nonetheless seek interim or injunctive relief in any court of competent jurisdiction.

13.4 Consumers. If you are a consumer, Section 13.3 does not deprive you of the protection of the mandatory law of your country of habitual residence or of your right to bring or defend proceedings in the courts of that country. EU consumers may also contact the European Consumer Centre in their country of residence.

14. General

14.1 Entire agreement. These Terms (including Schedules A and B), the Privacy Policy, the Codex and any written agreement signed between us form the entire agreement between you and us on their subject matter.

14.2 Severability. If any provision is held invalid or unenforceable, it will be modified to the minimum extent necessary to make it enforceable or, if that is not possible, severed, and the remaining provisions continue in full force.

14.3 Waiver. No delay or failure by us to exercise a right is a waiver of it. Waivers must be in writing.

14.4 Assignment. You may not assign or transfer these Terms without our prior written consent. We may assign them to an affiliate, successor or acquirer and will notify you if we do.

14.5 Force majeure. We are not liable for any delay or failure to perform caused by events beyond our reasonable control.

14.6 Notices. Notices to you will be sent to the email address on your Account or given by prominent notice on the Platform, and are deemed received 24 hours after sending. Notices to us must be sent to [email protected].

14.7 Language. These Terms are provided in English. The English version prevails over any translation.

14.8 Electronic acceptance. Accepting these Terms electronically, including by ticking a box, clicking "I accept", creating an Account or paying the Membership Fee, constitutes a valid and binding electronic signature under Regulation (EU) No 910/2014 (eIDAS) and the laws of Cyprus.

14.9 Relationship. These Terms do not create a partnership, joint venture, agency, employment or fiduciary relationship between you and us.

14.10 No regulated services. The Services consist of the operation of a software platform and the organisation of professional events. They do not constitute investment advice, brokerage, portfolio management, crowdfunding services, payment services or any other regulated financial activity in Cyprus or elsewhere. Where a feature would require licensing for residents of a particular jurisdiction, we may restrict or withdraw it for those residents.

14.11 Third parties. Except for the persons indemnified under Sections 10 and 11, no third party has any right to enforce these Terms.

15. Operator information and contact

Provided in accordance with the Cyprus Electronic Commerce Law of 2004 (Law 156(I)/2004) and Directive 2000/31/EC.

AVELYTH PLATFORM LTD
Private limited company incorporated in the Republic of Cyprus
Registration No.: HE 497254 (Department of the Registrar of Companies and Intellectual Property)
Tax Identification No.: 60402251T
Registered office: Arch. Makariou III, 115, 3021 Limassol, Cyprus
Email: [email protected]
Phone: +357 97 916299
Website: https://legends.app

All notices, complaints, appeals, verification-review requests, data-subject requests and other communications should be sent to [email protected]. Outbound messages may be sent from [email protected], from our WhatsApp Business number +357 94 916301 and from the designated channels of our team members acting on our behalf.

BY CREATING AN ACCOUNT, TICKING THE ACKNOWLEDGEMENT BOX, PAYING THE MEMBERSHIP FEE OR OTHERWISE USING THE SERVICES, YOU CONFIRM THAT YOU HAVE READ AND AGREE TO THESE TERMS, INCLUDING THE ELIGIBILITY AND VERIFICATION STANDARDS IN SCHEDULE A, THE NO-REFUND POLICY, THE LIMITATION OF LIABILITY, THE INDEMNITY AND THE CHOICE OF CYPRUS LAW AND COURTS.

Schedule A — Eligibility Criteria and Verification Standards

This Schedule forms part of the Terms. It sets out the objective Eligibility Criteria for Membership and the documents verified by the independent Verification Provider. Every applicant confirms eligibility under at least one Category before payment.

A.1 Universal requirements (all Members)

  • Valid, unexpired government-issued photographic identification (passport or national identity card), with successful liveness and deepfake checks.
  • No match on UN, EU, UK (HM Treasury OFSI) or US (OFAC) sanctions lists.
  • A real, active business or investment entity that is at least 12 months old.
  • A qualifying role at that entity, evidenced by documents.
  • Documented financials meeting the relevant Category threshold.
  • Name consistency across identification, business and financial documents (automated cross-match).
  • Age 18 or over (verified from the identification document).

A.2 Founder / Co-Founder Category

  • Threshold: annual revenue of USD 1,000,000 or more, or total credits to operating bank accounts of USD 250,000 or more over the most recent three consecutive months.
  • Role: owner, partner, director or shareholder of the operating business.
  • Company age: 12 months or more.
  • Documents: passport or national ID; certificate of incorporation or trade licence; financial proof (business bank statements for the last three months, or annual audited financial statements, or annual company report or tax filing).

A.3 Senior Executive Category

This Category applies to C-level executives, managing directors, vice-presidents, general managers and equivalent role-holders. The salary threshold is regional and is determined by the Verification Provider on the basis of the country selected at application.

A.3.1 Zone A (premium markets). Threshold: USD 15,000 or more per month, evidenced by USD 45,000 or more in aggregate salary deposits over the most recent three months on a personal bank statement. Zone A comprises: United Arab Emirates, Saudi Arabia, Qatar, Bahrain, Kuwait, Oman; United States, Canada; United Kingdom, Switzerland, Luxembourg, Norway, Denmark, Ireland, Sweden, Netherlands; Singapore, Hong Kong, Japan, Australia; Israel.

A.3.2 Zone B (all other markets). Threshold: USD 7,500 or more per month, evidenced by USD 22,500 or more in aggregate salary deposits over the most recent three months on a personal bank statement. Zone B comprises every country not listed in Zone A, including Cyprus.

A.3.3 Documents and cross-checks. Qualifying titles: Chief Executive Officer, Chief Operating Officer, Chief Financial Officer, Chief Technology Officer, Chief Marketing Officer, Chief Revenue Officer, Managing Director, Vice-President (VP, SVP, EVP), General Manager, or equivalent. Documents: passport or national ID; employment letter on company letterhead, signed and dated within the last six months, showing full name and qualifying title; certificate of incorporation or trade licence of the employer (12 months or older); personal bank statements for the last three months showing salary deposits at or above the applicable Zone threshold. Automated cross-checks: identification name equals employment-letter name; employment-letter company equals registered company; employment-letter title is a qualifying title; salary deposits meet the Zone threshold.

A.4 Investor Category

  • Threshold: USD 1,000,000 or more in deployable capital, portfolio value, fund balance or assets under management. This threshold is global.
  • Role: partner, general partner, principal, director, fund manager or managing partner of the investment entity, or an individual investing their own capital at or above the threshold.
  • Entity age (where applicable): 12 months or more, active.
  • Documents: passport or national ID; fund registration or investment-firm licence showing the applicant's name in a qualifying role (or, for individuals investing their own capital, evidence of the investment account); financial proof (portfolio or brokerage statements for the last three months, or fund bank statements for the last three months, or fund annual report or audited accounts).

A.5 Verification outcomes

  • Approve: all documents authentic, all names match, all thresholds met, no sanctions match.
  • Reject: a sanctions match; a fake, tampered or forged document; liveness failure; deepfake detected; expired identification; name mismatch; role not qualifying; company under 12 months old; financial document outside recency limits; or financial threshold not met.
  • Flag for review: politically-exposed-person match; adverse media; partially illegible document; company aged six to twelve months; minor name or company variation; employment letter aged six to twelve months; or financial amount within 10% of the threshold. Flagged cases are reviewed manually, normally within 24 hours.

A.6 Changes to the Eligibility Criteria

We may modify the Eligibility Criteria, Zone lists and thresholds by publishing an updated Schedule A on the Site and, for existing Members, by direct notice. Changes apply to new applications from the published effective date and to existing Members from their next renewal.

Schedule B — Pre-Payment Acknowledgement

This Schedule reproduces the acknowledgement presented to every applicant at checkout, above the "Pay" button. The acknowledgement is made at checkout, not in this document. It is shown as a single unticked box, and payment cannot proceed until it is ticked.

B.1 Acknowledgement text

By ticking the box at checkout, the applicant confirms and agrees to each of the following:

  • Eligibility. I meet at least one of the Legends Eligibility Criteria in Schedule A of the Terms of Use: Founder / Co-Founder (USD 1M+ annual revenue or USD 250k+ business credits in three months); Senior Executive (Zone A: USD 15k+ per month; Zone B: USD 7.5k+ per month, with my country assigned during verification); or Investor (USD 1M+ deployable capital, portfolio or assets under management).
  • Verification. I will complete identity and eligibility verification with Legends' independent verification provider (Persona) within 14 days of payment, including a government ID, a live selfie, a business document and a financial document.
  • Onboarding. I will log in to the Legends Platform and complete the Capability Audit within 14 days of a positive verification outcome.
  • Re-verification. I understand that Membership is subject to periodic re-verification, at least once in each 12-month period, to be completed within 14 days of notice.
  • No refund. If the verification provider rejects me on any ground, or if I miss the verification or onboarding deadline, I will not receive a refund of the Membership Fee. I understand that the Membership Fee is otherwise non-refundable, subject only to any non-waivable statutory right under Sections 6.6 and 6.8 of the Terms of Use.
  • Accuracy. I understand that providing false, misleading or fraudulent information is a ground for immediate termination without refund, and that a payment dispute raised in those circumstances would be in bad faith.
  • Communications, recordings and data. I agree that Legends may contact me about my application and Membership through the Platform, email, telephone and SMS, WhatsApp (if I have opted in), push notifications and any other channel I have provided; that sessions, meetings and calls organised by Legends may be recorded and transcribed as described in the Terms of Use and Privacy Policy; and that my personal data will be processed in accordance with the Privacy Policy.
  • Terms accepted. I have read and accept the Legends Terms of Use and Privacy Policy at legends.app, and on admission I will be bound by the Codex of Honour.

B.2 Visible refund notice (displayed next to the box)

NON-REFUNDABLE. VERIFICATION IS MANDATORY AND IS CARRIED OUT BY AN INDEPENDENT PROVIDER (PERSONA). IF YOU ARE REJECTED, MISS THE 14-DAY VERIFICATION OR ONBOARDING DEADLINE, ARE UNRESPONSIVE FOR MORE THAN 30 DAYS, ARE TERMINATED FOR CAUSE, OR MISREPRESENT ANY INFORMATION, NO REFUND WILL BE ISSUED, SUBJECT ONLY TO YOUR NON-WAIVABLE STATUTORY CONSUMER RIGHTS (TERMS OF USE, SECTIONS 6.6 AND 6.8).

B.3 Consumer early-start request (second, separate box, shown only to applicants who indicate they are consumers)

"I expressly request that Legends begin providing the Membership, including verification and Platform access, immediately and before the end of the 14-day withdrawal period. I understand that if I withdraw within 14 days I will pay a proportionate amount for the services provided until then, and that if the services are fully performed within that period I will lose my right of withdrawal."

The applicant's request and acknowledgement are recorded with a timestamp and confirmed in the order or welcome email. This box is separate from, and not bundled with, the box in B.1.

B.4 Procedural conditions

The acknowledgement box: (a) is unticked by default; (b) must be ticked before the "Pay" button activates; (c) displays the full text of B.1 inline at checkout, not behind a link or tooltip; and (d) is reproduced in the post-payment confirmation email together with the verification and onboarding deadlines.

B.5 First-login re-confirmation

On first login after a positive Verification Outcome, the Platform shows a short banner restating the Capability Audit deadline, the recording notice in Section 9.3 of the Terms, and the Codex of Honour, and asks the Member to confirm.