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LEGAL

terms of service.

These terms cover your use of the BagDrop website and the BagDrop smart contracts on Robinhood Chain. By using BagDrop you agree to them.

LAST UPDATED 14 NOV 2026

Who we are

BagDrop Social ("BagDrop", "we") is operated by [LEGAL ENTITY NAME]. BagDrop is an independent project and is not affiliated with, endorsed by or sponsored by Robinhood.

Who can use BagDrop

You must be old enough to enter a binding contract where you live, and allowed to use crypto assets there. Some assets, including Stock Tokens, may not be available or legal to hold in your country. You are responsible for following the laws that apply to you.

Your wallet and keys

BagDrop is non-custodial. We never hold your funds, private keys or seed phrase. If you log in with X, Google or email, Reown creates a non-custodial wallet for you. Its key is secured by Reown’s key-management provider, BagDrop never sees it, and you can export it at any time. You are responsible for every transaction you sign.

We will never ask for your seed phrase or private key. Anyone who does is not us.

Gift drops

  • When you create a drop, the tokens move from your wallet into the BagDrop contract and stay there until they are claimed or refunded.
  • A 1% platform fee is taken from the amount you fund when the drop is created. The rest is shared by the people who claim.
  • Each person can claim a drop once. Claims are final.
  • After a drop expires, everything left is returned to the wallet that created it. Refunds can only ever go to that wallet.
  • We may decline to sponsor gas or sign claims for activity that looks like abuse, such as farming with many accounts.

Tips

Tips go straight to the wallet of the person you tip, minus a 1% platform fee. Tips are final and cannot be refunded by us.

Posts and proof-of-bag

You own what you post. You give us permission to show it on BagDrop and in previews when it is shared.

Wallets you connect, and their holdings, are public. Proof-of-bag labels reflect on-chain data when we read it. That data can be delayed or wrong, and a label is not an endorsement of a post.

Not financial advice

Nothing on BagDrop is investment, financial, legal or tax advice. Posts are the opinions of their authors. A verified bag shows that someone holds a token, not that their call is right.

What you can’t do

  • Break the law, or help someone else do it.
  • Run scams, phishing, market manipulation or pump-and-dump schemes.
  • Impersonate other people, projects or BagDrop.
  • Farm drops with multiple accounts or bots.
  • Post illegal, hateful or sexual content involving minors.

What we can do

We can remove posts, hide drops from the feed, stop sponsoring gas and suspend accounts that break these terms. We cannot move tokens held in the BagDrop contract; those rules are enforced by the contract itself, as described in Safety.

Disclaimers and liability

BagDrop is provided "as is". To the extent the law allows, we are not liable for losses caused by market moves, smart contract or network failures, third-party services, or your own mistakes. Read the Risk disclosure before you use BagDrop.

Changes and contact

We may update these terms. The date at the top shows the latest version. Questions: [CONTACT EMAIL] or @BagDropSocial.