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KRAKEN PLATFORM TERMS OF SERVICE

Last Updated: 10/2/2025

Welcome to Krakengames.quest By creating an account or using our services, you agree to be bound by these Terms of Service ("Terms"). Please read them carefully.

1.

Acceptance of Terms

By clicking "I Agree" or by accessing or using the Kraken Platform ("Platform"), you agree to be bound by these Terms and our Privacy Policy.

2.

Definitions

"Platform" : Kraken"s proprietary platform for creating and distributing interactive AI-narrated games.

"User" : Any individual who accesses or uses the Platform, including content creators ("Creators") and players.

"Content" : Any text, images, media, or other materials uploaded or created by Users on the Platform.

"Interactive AI-Narrated Games" : An experience where Content is narrated via an AI system involving on-the-fly generated content based on user interactions.

3.

Eligibility

Users must be at least 18 years old or have reached the age of majority in their jurisdiction to use the Platform.

4.

Account Registration

Users must be at least 18 years old or have reached the age of majority in their jurisdiction to use the Platform.

5.

Grant of License by Creators

5.1.

License to Kraken

By uploading Content to the Platform, Creators grant Kraken an exclusive, worldwide, perpetual license to use, reproduce, adapt, modify, distribute, and otherwise exploit the Content solely for the purpose of creating, distributing, and commercializing Interactive AI-Narrated Games on the Platform.

5.2.

Exclusivity

Creators agree not to license or distribute their Content for use in AI-aided games or experiences on any other platform or medium.

5.3.

Retained Rights

Creators retain ownership of their Content and may use it in any format that does not involve AI-aided games and narration.

6.

Revenue Sharing

6.1.

Standard Revenue Share

Creators will receive 40% of the Gross Revenue generated from their Interactive AI-Narrated Games.

6.2.

Increased Revenue Share

Once a Creator"s game generates $500 in Gross Revenue, the revenue share increases to 50% for subsequent sales.

6.3.

Referral Revenue Share

For purchases made using the Creator"s assigned promo code, the Creator will receive 60% of the Gross Revenue from such sales and the buyer 20% discount on listed price.

7.

Promo Codes

7.1.

Assignment and Use

Creators may receive unique promo codes for distribution outside the Platform. Promo codes must not be shared within the Platform or on Kraken-owned media.

7.2.

Expiration

Promo codes may have expiration dates, which will be communicated to Creators upon issuance.

8.

Payments

8.1.

Payment Schedule

Payments will be made within 45 days after the end of each calendar month in which revenue was earned.

8.2.

Payment Method

Payments will be made via electronic bank transfer or other agreed-upon methods.

8.3.

Currency

All payments will be made in GBP (£). Currency conversions will be based on prevailing exchange rates at the time of payment processing.

9.

Content Standards

9.1.

Prohibited Content

Users must not upload Content that is unlawful, defamatory, obscene, infringing, or otherwise objectionable.

9.2.

Compliance

Users are responsible for ensuring their Content complies with all applicable laws and these Terms.

10.

Intellectual Property Rights

10.1.

Ownership of Platform

Kraken retains all rights in the Platform and its proprietary technology.

10.2.

License to Users

Users are granted a limited, non-exclusive license to access and use the Platform in accordance with these Terms.

11.

User Conduct

Users agree not to:

Violate any laws or regulations.

Infringe upon the rights of others.

Disrupt or interfere with the Platform"s functionality.

12.

Termination

12.1.

By Kraken

Kraken may suspend or terminate a User"s access to the Platform at any time for violation of these Terms or for any other reason at its sole discretion.

12.2.

By User

Users may terminate their account at any time by following the account deletion process.

13.

Disclaimers and Limitation of Liability

13.1.

Disclaimer

The Platform is provided "as is" without warranties of any kind.

13.2.

Limitation of Liability

Kraken"s liability to any User is limited to the amounts paid by that User to Kraken in the 12 months preceding the

13.3.

Exclusions

Kraken is not liable for indirect, incidental, or consequential damages.

14.

Indemnification

Users agree to indemnify Kraken from any claims arising out of their use of the Platform or violation of these Terms.

15.

Privacy

Use of the Platform is subject to our Privacy Policy, which outlines how we collect and use personal data.

16.

Dispute Resolution

16.1.

Governing Law

These Terms are governed by the laws of England and Wales.

16.2.

Jurisdiction

Users agree to submit to the exclusive jurisdiction of the courts of England and Wales.

17.

Changes to the Terms

Kraken may modify these Terms at any time. Changes will be effective upon posting to the Platform, and continued use constitutes acceptance of the new Terms.

18.

Miscellaneous

18.1.

Severability

If any provision is deemed unenforceable, the remaining provisions remain in effect.

18.2.

Entire Agreement

These Terms constitute the entire agreement between Users and Kraken regarding the Platform.

18.3.

No Waiver

Failure to enforce any provision does not constitute a waiver of that provision.

By using the Platform, you acknowledge that you have read, understood, and agree to be bound by these Terms of Service.

© 2025 Kraken