Terms & Conditions

Last updated: August 1, 2025

1. Acceptance of Terms

By accessing and using Bug3 ("the Platform"), you accept and agree to be bound by the terms and provision of this agreement. If you do not agree to abide by the above, please do not use this service.

2. Platform Overview

Bug3 is a decentralized bug bounty platform that connects Web3 projects with security researchers. The platform facilitates:

  • Bug bounty listing and management
  • Security vulnerability reporting
  • Community-driven validation through token-based voting
  • Automated cryptocurrency payouts via smart contracts
  • IPFS-based transparent bug report storage

3. User Responsibilities

Project Owners

  • Must provide accurate project information and clear bounty scope
  • Required to deposit sufficient funds in smart contracts before listing bounties
  • Must respond to valid bug reports within reasonable timeframes
  • Agree to automated payout mechanisms for validated submissions

Security Researchers

  • Must follow responsible disclosure practices
  • Required to provide detailed proof-of-concept for vulnerability reports
  • Must not exploit discovered vulnerabilities beyond demonstration
  • Agree to community validation process for submissions

Community Validators

  • Must vote honestly based on technical merit of submissions
  • Required to hold BUG3 tokens to participate in voting
  • Must not collude to manipulate voting outcomes

4. Platform Fees

Bug3 charges the following fees:

  • 5% commission on all successful bounty payouts
  • Premium subscription fees for advanced analytics and priority listings
  • Job board posting fees for recruitment services

All fees are automatically deducted through smart contracts and are non-refundable except as specified in our Refund Policy.

5. Intellectual Property

Users retain ownership of their submitted content. By using the platform, users grant Bug3 a license to:

  • Store and display bug reports on IPFS and blockchain
  • Use anonymized data for platform analytics and improvements
  • Share vulnerability information with relevant project owners

6. Smart Contract Risks

Users acknowledge and accept the following risks associated with blockchain and smart contract usage:

  • Smart contracts are immutable and may contain bugs
  • Blockchain transactions are irreversible
  • Network congestion may affect transaction timing
  • Gas fees are subject to network conditions
  • Wallet security is the user's responsibility

7. Dispute Resolution

Disputes regarding bug validity are resolved through community voting. For other disputes:

  • Users must first attempt resolution through platform support
  • Unresolved disputes may be subject to arbitration
  • Governing law is the jurisdiction where Bug3 is incorporated

8. Limitation of Liability

Bug3 is not liable for:

  • Financial losses due to smart contract vulnerabilities
  • Disputes between project owners and researchers
  • Network downtime or technical issues
  • Third-party services (MetaMask, IPFS, blockchain networks)

9. Account Termination

Bug3 reserves the right to suspend or terminate accounts for:

  • Violation of terms and conditions
  • Fraudulent or malicious activity
  • Abuse of platform features
  • Legal or regulatory requirements

10. Updates to Terms

Bug3 may update these terms at any time. Users will be notified of significant changes through the platform. Continued use constitutes acceptance of updated terms.

11. Contact Information

For questions about these terms, contact us at:

  • Email: legal@bug3.io
  • Platform: Support section in user dashboard
  • Community: Discord or Telegram channels