Terms of Service

These terms are a contract between you and Ready Player X India Private Limited, Gurgaon, Haryana, India ("BlackFlame", "we", "us") for your use of blackflame.in and api.blackflame.in. By signing in you agree to them. If you do not agree, do not use BlackFlame.

1. Who can use BlackFlame

• You must be 18 or over.
• You must sign in with a social account you own. Sign in with YouTube today; Instagram sign-in follows and supports professional accounts only.
• One account per person. Your BlackFlame handle is created from your social account's username. Handles are derived at signup and cannot be changed.

2. Your account

You are responsible for keeping your social account secure. Anyone who can sign in to your Google account can sign in to BlackFlame as you. You can end your current session from your Profile ("Log out"); sessions also end 30 days after sign-in.

3. Creator coins and pricing

• Every account has one creator coin. Each coin's price comes from QRP, BlackFlame's pricing engine. The price depends only on how many of that coin are in circulation: buys mint new coins and move the price up, and sells burn coins and move it down. Nobody sets the price by hand, not the creator and not BlackFlame. There is no exchange and no counterparty; you trade against the coin's treasury.
• Prices you see are quotes. The price you get is the price at the moment the trade executes, which may differ slightly from the quote.
• Coins are units of a creator's treasury on BlackFlame. They are not shares, do not carry ownership of the creator or of BlackFlame, and give you no right to any revenue.

4. Fees

Of the amount you pay, 4.0% is split three ways: 1.0% is set aside for the creator, 1.0% goes to BlackFlame, and 2.0% goes into that coin's Daily Vault. The remaining 96.0% goes into the coin's treasury, which backs every holder's ability to sell. The buy price also sits 0.5% above the mid price; this spread is shown as its own line in the fee breakdown.

When you sell, 1.0% goes to BlackFlame and 2.0% goes into the coin's Daily Vault, so you receive 97.0% of the sale value in BFD. There is no creator fee on a sell. The sell price sits 0.5% below the mid price, shown as its own line.

Fees are shown before you confirm.

5. Trades are final

A confirmed trade cannot be cancelled or reversed by you. BlackFlame may reverse a trade only to correct a system error, in which case the amounts are returned to where they were and the reversal is recorded in the audit log and shown on the trade's outcome. Trades settle immediately (T+0).

6. Daily Vault

Each coin's Daily Vault is distributed every day at 12:00 noon IST to holders who have held that coin continuously for the previous 24 hours and have nothing unclaimed in their Daily Vault at that moment, in proportion to their holding. Your share is yours to claim; claims are all-or-nothing across every coin you hold. Selling does not claim for you. Unclaimed amounts do not expire, but an unclaimed balance at noon means no share that day.

The Daily Vault is a share of fees, not interest or a return on anything.

7. Things you may not do

• Sign in with an account you do not own, or use someone else's invite code.
• Run more than one account, or use scripts, bots or automation against the site or API.
• Manipulate a coin's price (for example, coordinated buying and selling with others).
• Interfere with the service, its rate limits, or other users.

We may suspend or close accounts that break these rules.

8. No advice

Nothing on BlackFlame is financial, legal or tax advice. Prices move both ways, and you can get back less than you put in. Decide for yourself.

9. Availability and changes

BlackFlame is provided "as is". We work to keep it running but do not promise uninterrupted service, and we may change, pause or withdraw features. We will give reasonable notice of material changes to these terms by updating this page and noting it on the site.

10. Liability

To the extent permitted by law, BlackFlame is not liable for indirect or consequential loss, or for loss caused by events outside our reasonable control.

11. Governing law

These terms are governed by the laws of India, and disputes go to the courts at Gurugram, Haryana.

12. Privacy

How we handle your data is in our Privacy Policy.

The Privacy Policy forms part of these terms.

13. Contact

support@blackflame.in