Terms of Service

Effective as of January 1, 2026

These Terms of Service ("Terms") govern your access to and use of the Fantasy Stocks mobile application, website located at FantasyStocksApp.com, and related services (collectively, the "Service"), operated by FS Digital Labs, Inc., a Delaware corporation with a principal place of business in Chicago, Illinois, United States of America ("Company," "we," "us," or "our").

By accessing or using the Service, you agree to be bound by these Terms. If you do not agree, do not access or use the Service.

1. Acceptance of Terms

By creating an account, downloading the application, or otherwise accessing or using the Service, you acknowledge that you have read, understood, and agree to be bound by these Terms and our Privacy Policy.

If you use the Service on behalf of an organization, you represent and warrant that you have authority to bind that organization.

2. Eligibility & Age Requirements

You must be at least 13 years old to use the Service.

If you are under 18 years of age, you represent that you have obtained permission from a parent or legal guardian to use the Service.

Users under the age of 16 may receive limited or non-personalized advertising in accordance with applicable law, platform requirements, and our Privacy Policy.

We do not knowingly collect personal information from children under 13. If you believe a child under 13 has created an account, please contact us immediately at [email protected], and we will take appropriate action.

The Service is intended primarily for users located in the United States. Users accessing the Service from outside the United States do so at their own initiative and are responsible for compliance with applicable local laws.

3. Account Registration & Security

To access certain features, you must create an account. You agree to provide accurate, current, and complete information, keep it reasonably current, maintain the security and confidentiality of your login credentials, and promptly notify us of any unauthorized access or use of your account by contacting [email protected].

You are solely responsible for all activity that occurs under your account.

You may not:

4. Description of the Service

Fantasy Stocks is a fantasy-style simulation game that allows users to draft and manage simulated portfolios of stocks, participate in leagues and competitions, view rankings and leaderboards, and interact socially with other users.

The Service may include advertisements, including advertisements provided by third-party partners. Advertisements may be contextual or personalized based on your use of the Service as described in our Privacy Policy.

The Service is not a brokerage, trading platform, investment adviser, or financial institution, and nothing contained within The Service should be construed as investment advice.

5. Game of Skill / Not Gambling / No Real Money Wagering

Fantasy Stocks is a simulation game of skill, not a gambling service.

Users do not wager or stake money on the performance of securities. No real securities are bought, sold, or traded through the Service. No user can win or lose money based on stock market outcomes through the Service.

Subscription fees, if any, are paid solely for access to software features and functionality. They are not contest entry fees, are not tied to the outcome of any league or ranking, and do not constitute wagering or consideration in any gambling sense.

All competitions and leagues are for entertainment purposes only, and no prizes or items of monetary value are awarded.

6. Simulated Gameplay and Pricing Engine Disclosure

Prices, rankings, scoring metrics, and performance calculations displayed within the Service may be derived from delayed market data, proprietary algorithms, simulation models, rounding or normalization logic, or other internal calculations.

These values may differ from real-world market prices, timing, or trading conditions. The Service is not intended to replicate real financial markets, and no representation is made that gameplay results correspond to actual investment outcomes.

7. No Investment Advice / No Fiduciary Relationship

The Service is provided solely for educational and entertainment purposes.

Nothing on the Service constitutes, or should be construed as, investment advice, financial advice, a recommendation to buy, sell, or hold any security, or an offer or solicitation of securities.

We do not act as a broker, dealer, investment adviser, fiduciary, or financial professional. You agree that you do not rely on the Service for real-world financial or investment decisions.

8. Market Data & Third-Party Information Disclaimer

The Service may display market prices, historical data, or other financial information obtained from third-party data providers. We do not guarantee the accuracy, completeness, timeliness, or reliability of such data and disclaim all liability arising from errors, delays, interruptions, or omissions in third-party information.

You agree not to rely on any information provided through the Service for real-world financial decisions.

9. User Conduct & Prohibited Activities

You agree not to:

You may not use the Service to:

We reserve the right to investigate and take appropriate action, including suspension or termination of accounts, for violations of these Terms.

10. Chat, Social Features & Moderation

The Service may include chat, messaging, or social interaction features. We are not obligated to monitor user communications but reserve the right, in our sole discretion, to review, remove, restrict, or moderate content. Users are solely responsible for their communications. We do not endorse user-generated content and disclaim liability arising from it.

11. User-Generated Content

Users may submit messages, posts, usernames, images, or other content ("User Content").

You represent and warrant that:

You retain ownership of your User Content, but you grant the Company a worldwide, non-exclusive, royalty-free, fully paid, transferable, sublicensable, perpetual, and irrevocable license to host, store, reproduce, modify, adapt, distribute, display, perform, create derivative works from, and otherwise use the User Content in connection with operating, improving, promoting, and providing the Service.

We may remove, disable access to, or refuse to display any User Content at any time in our discretion.

12. Feedback and Suggestions

If you submit ideas, suggestions, feature requests, or other feedback about the Service ("Feedback"), you grant the Company a perpetual, irrevocable, worldwide, royalty-free license to use, reproduce, modify, and incorporate such Feedback into the Service without compensation or attribution to you. You waive any moral rights in such Feedback to the extent permitted by applicable law.

13. Competitions, Rankings & No Real-World Prizes

All leagues, competitions, rankings, and leaderboards are provided for entertainment purposes only. No cash, prizes, or items of real-world value are awarded. Rankings have no monetary value.

If the Company introduces prizes or rewards in the future, they will be governed by separate official rules published at that time.

14. Subscriptions, Fees & Auto-Renewal

Certain features are available through paid subscriptions.

Before you complete a subscription purchase, we will present the material subscription terms clearly and conspicuously, including the price, billing frequency, automatic renewal terms, and how to cancel. By purchasing a subscription, you expressly authorize the Company or its designated payment processor to charge your selected payment method on a recurring basis at the frequency and price disclosed at the time of purchase until you cancel. We will obtain your express affirmative consent to the automatic renewal terms and maintain records of that consent for the period required by applicable law.

We will provide an acknowledgment of your subscription in a form you can retain. That acknowledgment will include the automatic renewal terms, cancellation policy, and information regarding how to cancel. If the offer includes a free trial or promotional period, the acknowledgment will also explain how to cancel before you are charged, if required by law.

Subscriptions automatically renew at the end of each billing period at the then-current price unless you cancel before the renewal date. Unless otherwise stated at purchase, cancellation takes effect at the end of the current paid period, and you will retain access through the end of that period.

How to Cancel

If you purchased a subscription through the Apple App Store or Google Play, you must cancel through the applicable store account settings in accordance with that platform's rules.

If you purchased a subscription directly from us online, you may cancel online, at will, through the cancellation functionality we make available in your account settings or through another reasonably accessible online method that we provide in your subscription acknowledgment, renewal reminder, or other required electronic notice. Where required by law, our electronic notices will include a link or other reasonably accessible electronic method directing you to the cancellation process. We will not require you to take more steps to cancel than were required to enroll, except as otherwise permitted by applicable law.

Free Trials, Promotional Pricing, Renewal Reminders, and Fee Changes

If we offer a free trial or promotional or discounted price that lasts more than 31 days and then converts to a paid or higher-priced subscription, we will send any reminder notice required by applicable law before the paid or higher-priced term begins. For California consumers, unless applicable law later changes, that reminder notice generally must be sent at least 3 days and no more than 21 days before the change takes effect.

For subscriptions with an initial term of one year or longer that automatically renew, we will send any renewal reminder required by applicable law before renewal. For California consumers, unless applicable law later changes, that reminder notice generally must be sent at least 15 days and no more than 45 days before renewal.

If we change the fee for an existing subscription, we will provide advance notice and cancellation information within the time required by applicable law before the new price takes effect. For California consumers, unless applicable law later changes, that notice generally must be provided no fewer than 7 days and no more than 30 days before the fee change takes effect.

One-time purchases, if offered, are final and non-refundable except where required by law.

Refunds for App Store and Google Play purchases are governed by the applicable platform's refund rules and applicable law. Refunds for direct purchases, if any, are subject to applicable law and any refund policy disclosed at the time of purchase.

15. Modification or Discontinuation of the Service

We reserve the right to modify, update, suspend, discontinue, or remove any feature or aspect of the Service at any time, with or without notice, and without liability to you.

16. Beta Features

The Service may include beta, preview, or experimental features. These features may change, malfunction, or be discontinued at any time without notice. The Company makes no guarantees regarding the availability, stability, accuracy, or performance of beta features.

17. Suspension & Termination

We may suspend or terminate your account at any time for any reason, including violations of these Terms, with or without notice.

You acknowledge that you do not own your account or any in-Service features, rankings, or virtual attributes, and access may be revoked without compensation.

18. Privacy Policy

Your use of the Service, including how we collect, use, and share information in connection with advertising, analytics, and third-party services, is subject to our Privacy Policy, available at FantasyStocksApp.com.

19. Third-Party Services

The Service may integrate or include third-party services, software development kits, content, or links, including market data providers, analytics providers, payment processors, and advertising partners.

Your use of third-party services may be subject to those third parties' separate terms and privacy policies. The Company does not control and is not responsible for third-party services, including their availability, security, functionality, content, or data handling. If you access third-party services, you do so at your own risk and subject to applicable third-party terms.

20. Intellectual Property

The Service, including all software, source code, algorithms, designs, graphics, user interfaces, content, trademarks, service marks, logos, and trade names, is owned by FS Digital Labs, Inc. or its licensors and is protected by intellectual property laws.

Fantasy Stocks and all related marks are owned by FS Digital Labs, Inc. All rights not expressly granted are reserved.

You are granted a limited, revocable, non-transferable, non-exclusive license to access and use the Service for personal, non-commercial purposes in accordance with these Terms and, where applicable, the usage rules of the platform through which you access the Service.

21. Electronic Communications

By using the Service, you consent to receive communications from us electronically, including notices, disclosures, agreements, updates, and renewal reminders, via email, in-app notification, or posting to the Service. You agree that electronic delivery of such communications satisfies any legal requirement that such communications be in writing and, where required by law, in a form capable of being retained.

22. Assumption of Risk

You acknowledge that the Service is a simulated game and that your use of it involves inherent limitations and risks typical of online services, including service interruptions, data inaccuracies, delayed or incomplete information, changes to game mechanics, and the possible removal or modification of features. To the fullest extent permitted by applicable law, you assume the ordinary risks arising from your use of the Service.

23. Disclaimers of Warranties

The Service is provided "as is" and "as available." To the maximum extent permitted by law, we disclaim all warranties, express or implied, including warranties of merchantability, fitness for a particular purpose, title, non-infringement, uninterrupted access, error-free operation, and data security.

We do not guarantee that the Service will be free of bugs, downtime, viruses, data loss, or security incidents. We do not guarantee the accuracy, completeness, or timeliness of any market data, scores, rankings, or other information displayed within the Service.

Nothing in these Terms excludes any warranty or other right that cannot be excluded under applicable law.

24. Limitation of Liability

To the maximum extent permitted by law, the Company and its officers, directors, employees, agents, affiliates, licensors, and service providers will not be liable for any indirect, incidental, special, exemplary, punitive, or consequential damages, including damages for loss of profits, revenues, data, goodwill, or business interruption, arising out of or related to your use of, or inability to use, the Service.

Our total cumulative liability to you for any claims arising out of or related to these Terms or the Service will not exceed the greater of: (a) $50, or (b) the total amounts you paid to the Company in the 12 months preceding the event giving rise to the claim.

These limitations apply even if a limited remedy fails of its essential purpose and do not apply to liability for fraud, willful misconduct, or any liability that cannot be excluded or limited under applicable law.

25. Indemnification

You agree to indemnify, defend, and hold harmless the Company and its officers, directors, employees, agents, affiliates, licensors, and service providers from and against any third-party claims, demands, actions, damages, losses, liabilities, judgments, settlements, costs, and reasonable attorneys' fees arising out of or related to: (a) your use of the Service; (b) your violation of these Terms; (c) your infringement or misappropriation of any third-party intellectual property, privacy, publicity, or other rights; or (d) your User Content.

This indemnification obligation does not apply to claims arising from the Company's gross negligence or willful misconduct.

26. Informal Dispute Resolution

Before initiating arbitration or any court proceeding, you agree to first attempt to resolve the dispute informally by sending written notice of your claim to [email protected].

Your notice must include your name, account email address or username, a description of the dispute, and the relief sought. If you are represented by counsel, your notice should also include your counsel's name and contact information.

We may send dispute notices to the email address associated with your account or any other contact information you have provided for legal notices.

The parties agree to attempt good-faith resolution for at least 30 days after the notice is received before either party may initiate formal proceedings.

This Section does not prohibit either party from seeking relief in small claims court for qualifying claims or from seeking temporary injunctive relief where doing so is reasonably necessary to prevent imminent and irreparable harm pending completion of the dispute process.

27. Arbitration Agreement & Class Action Waiver

Please read this section carefully. It affects your legal rights.

This Section 27 and Section 28 are governed by the Federal Arbitration Act and federal arbitration law.

Except as set forth below, any dispute, claim, or controversy arising out of or relating to these Terms or the Service shall be resolved by binding arbitration administered by JAMS pursuant to the JAMS Comprehensive Arbitration Rules & Procedures, subject to the JAMS Consumer Minimum Standards of Procedural Fairness, and, where applicable, the JAMS Mass Arbitration Procedures and Guidelines.

Delegation

The arbitrator, and not any court, shall have exclusive authority to resolve any dispute relating to the interpretation, applicability, enforceability, or formation of this arbitration agreement, including whether any claim is subject to arbitration, except that a court of competent jurisdiction may decide issues relating to the enforceability of the class action waiver or any claim for public injunctive relief to the extent required by applicable law.

Class Action Waiver

All disputes must be brought on an individual basis only. You waive any right to participate in a class action, class arbitration, consolidated proceeding, private attorney general action, or representative proceeding of any kind, except to the extent such waiver is prohibited by applicable law.

If a court finds this class action waiver unenforceable as to any particular claim or request for relief, then that claim or request for relief shall proceed in court and be severed from arbitration. All other claims shall remain subject to arbitration.

Public Injunctive Relief Savings

Nothing in these Terms is intended to waive any non-waivable right to seek public injunctive relief under applicable law. To the extent a claim for public injunctive relief cannot be arbitrated, that claim shall be severed and stayed pending the arbitration of all arbitrable claims, unless applicable law requires otherwise.

Arbitration Fees

If you initiate a consumer arbitration, your filing fee will not exceed the amount required by the applicable JAMS consumer rules or minimum standards. We will pay the remainder of the arbitration fees and costs as required by the applicable JAMS consumer rules, minimum standards, or applicable law.

Location

Arbitration may be conducted by video conference, telephone, based on written submissions, or in person in your county of residence or another mutually agreed location, consistent with the applicable JAMS rules and procedural fairness requirements.

Opt-Out

You may opt out of this arbitration agreement within 30 days of first creating your account by emailing [email protected] with your name, username, and a clear written statement of your intent to opt out. Opting out does not affect any other provision of these Terms.

Exceptions

The following may be brought in court without first going through arbitration: (a) claims eligible for small claims court; (b) claims relating to intellectual property rights; and (c) claims for public injunctive relief to the extent such claims cannot be validly required to proceed in arbitration under applicable law.

Limitations Period

Any claim must be brought within one year after it arises, or, if applicable law does not permit that limitation, within the shortest period permitted by applicable law.

28. Mass Arbitration Procedure

If 25 or more substantially similar demands for arbitration are filed against the Company by or with the assistance or coordination of the same law firm or coordinated counsel, the parties agree that those demands shall be administered as a mass arbitration under the JAMS Mass Arbitration Procedures and Guidelines then in effect, except that the threshold number of demands required to constitute a mass arbitration under these Terms shall be 25 rather than 75.

The JAMS Process Administrator may determine threshold administrative issues, batching, grouping, staging, scheduling, and other non-merits issues consistent with the JAMS Mass Arbitration Procedures and Guidelines, applicable law, and procedural fairness.

Filing fees and other arbitration costs in any mass arbitration will be assessed as provided by JAMS and any applicable JAMS consumer minimum standards or applicable law.

For avoidance of doubt, nothing in this Section authorizes class, collective, consolidated, or representative arbitration.

Nothing in this Section limits any individual claimant's right to pursue an individual claim or to seek individual relief.

29. Governing Law

Except to the extent federal law governs Sections 27 and 28, these Terms are governed by the laws of the State of Delaware, without regard to conflict-of-laws principles.

30. Venue for Non-Arbitrable Claims

Any claims not subject to arbitration under these Terms shall be brought exclusively in the state or federal courts located in the State of Delaware, and you consent to personal jurisdiction in those courts.

31. Export Controls & Sanctions

You may not use the Service if you are located in, or are a national or resident of, any country subject to a U.S. government embargo or comprehensive sanctions, or if you are listed on any U.S. government denied-party, prohibited-party, or restricted-party list. You represent and warrant that you are not subject to any such restrictions.

32. Apple App Store Terms

The following terms apply to any version of the Service accessed through the Apple App Store:

These Terms are between you and the Company only, and not with Apple. The Company, not Apple, is solely responsible for the Service and its content.

The license granted to you is a non-transferable license to use the Service on any Apple-branded product that you own or control, solely as permitted by the Usage Rules set forth in the Apple Media Services Terms and Conditions, including any Family Sharing or volume purchasing terms.

The license is for personal, non-commercial use only, and you must also comply with any applicable third-party terms of agreement when using the Service.

The Company, not Apple, is solely responsible for providing any maintenance and support services with respect to the Service. Apple has no obligation whatsoever to furnish any maintenance or support services with respect to the Service.

To the extent any warranty exists and is not effectively disclaimed, the Company, not Apple, is solely responsible for that warranty. In the event the Service fails to conform to any applicable warranty, you may notify Apple, and Apple may refund the purchase price for the Service to you. To the maximum extent permitted by applicable law, Apple will have no other warranty obligation whatsoever with respect to the Service, and any other claims, losses, liabilities, damages, costs, or expenses attributable to any failure to conform to any warranty will be the Company's sole responsibility.

The Company, not Apple, is responsible for addressing any claims by you or any third party relating to the Service or your possession and/or use of the Service, including: (i) product liability claims; (ii) any claim that the Service fails to conform to any applicable legal or regulatory requirement; and (iii) claims arising under consumer protection, privacy, or similar legislation.

In the event of any third-party claim that the Service or your possession and use of the Service infringes that third party's intellectual property rights, the Company, not Apple, will be solely responsible for the investigation, defense, settlement, and discharge of that claim.

By using the iOS version of the Service, you represent and warrant that you are not located in a country subject to a U.S. government embargo and are not listed on any U.S. government prohibited or restricted parties list.

Apple and its subsidiaries are third-party beneficiaries of these Terms, and, upon your acceptance of these Terms, Apple will have the right to enforce these Terms against you as a third-party beneficiary.

If you are a U.S. government end user, the Service is a "commercial item" as defined in 48 C.F.R. Section 2.101.

Our name, mailing address, telephone number, and email address for questions, complaints, or claims relating to the Service are listed in Section 39.

33. Google Play Terms

These Terms are between you and the Company only, not Google. Google has no responsibility or liability related to the Service or these Terms.

34. DMCA Copyright Policy

We comply with the Digital Millennium Copyright Act ("DMCA"). To report claimed copyright infringement, a copyright owner or its authorized agent must send our designated DMCA agent a written notice that includes:

Current contact information for our designated DMCA agent, including the agent's name or title, physical address or P.O. Box, telephone number, and email address, is posted on the Service in a location accessible to the public. Only DMCA notices should be sent to that contact information.

If you believe material was removed or disabled by mistake or misidentification, you may submit a counter-notification that complies with the DMCA. A valid counter-notification generally must include your contact information, identification of the material that was removed and where it appeared before removal, a statement under penalty of perjury that you have a good-faith belief the material was removed by mistake or misidentification, and a statement that you consent to the jurisdiction of the federal district court for the judicial district in which your address is located, or, if your address is outside the United States, for any judicial district in which we may be found, and that you will accept service of process from the person who submitted the original notification or that person's agent.

We reserve the right to terminate the accounts of repeat infringers in appropriate circumstances.

35. California Consumer Notice

Under California Civil Code section 1789.3, California residents are entitled to the following specific consumer rights information:

The provider of the Service is FS Digital Labs, Inc. Our mailing address, telephone number, and email address are listed in Section 39.

Information regarding current charges for paid services is provided at the time of purchase and, where applicable, in your account, subscription settings, or renewal notices. We will provide the consumer information required by applicable law at the time of contracting and thereafter as required by applicable law.

If you have a complaint regarding the Service and cannot resolve it directly with us, you may contact the Complaint Assistance Unit of the Division of Consumer Services of the California Department of Consumer Affairs in writing at 1625 North Market Blvd., Suite N-112, Sacramento, CA 95834, or by telephone at (800)952-5210.

We will respond to complaints within a reasonable time and will work in good faith to resolve complaints you submit to us.

36. Survival

The following sections survive any termination or expiration of these Terms: User-Generated Content (Section 11), Feedback and Suggestions (Section 12), Intellectual Property (Section 20), Electronic Communications (Section 21), Assumption of Risk (Section 22), Disclaimers of Warranties (Section 23), Limitation of Liability (Section 24), Indemnification (Section 25), Arbitration Agreement & Class Action Waiver (Section 27), Mass Arbitration Procedure (Section 28), Governing Law (Section 29), Venue for Non-Arbitrable Claims (Section 30), DMCA Copyright Policy (Section 34), California Consumer Notice (Section 35), General Provisions (Section 37), and any other provisions that by their nature should survive.

37. General Provisions

These Terms and the Privacy Policy constitute the entire agreement between you and the Company regarding the Service and supersede all prior or contemporaneous agreements relating to the Service.

If any provision of these Terms is held invalid or unenforceable, that provision will be enforced to the maximum extent permitted and the remaining provisions will remain in full force and effect.

You may not assign or transfer these Terms or any rights hereunder without our prior written consent. The Company may assign these Terms without restriction, including in connection with a merger, acquisition, sale of assets, or by operation of law.

Failure by the Company to enforce any provision of these Terms shall not be construed as a waiver of the right to enforce it in the future.

The Company is not liable for delays or failures in performance resulting from causes beyond its reasonable control, including acts of God, war, terrorism, labor disputes, internet outages, governmental action, natural disasters, epidemics, pandemics, or failures of third-party services.

Nothing in these Terms is intended to limit any non-waivable consumer rights you may have under applicable law.

38. Changes to the Terms

We may update these Terms from time to time. If we make material changes, we will notify you via email, in-app notice, or by posting updated Terms to the Service at least 30 days before they take effect, unless a shorter notice period is required or permitted by applicable law.

Continued use of the Service after the effective date of the updated Terms constitutes your acceptance of the updated Terms.

39. Contact Information

Mailing Address: