OVERVIEW
Skyhitz is a music platform that lets users discover and stream tracks, and optionally spend or invest lumens (XLM) against on‑chain entries to earn equity shares. Our backend runs on Cloudflare Workers; on‑chain logic is implemented with Stellar Soroban smart contracts. Media and metadata are stored on Cloudflare R2; search runs on Algolia.
By accessing the apps or using any feature (search, stream, like, download, mine, invest, claim earnings), you agree to these Terms. If you do not agree, do not use Skyhitz.
1. ACCOUNTS & ELIGIBILITY
You must be at least the age of majority where you live. Signing in creates an in‑app Stellar account (keypair). We may refuse or suspend accounts at our discretion.
2. NON‑CUSTODIAL & ON‑CHAIN FINALITY
Transactions are executed on Stellar. Submissions to the network are irreversible once confirmed. Values are shown in XLM; you are responsible for fees and taxes. We do not custody user funds beyond transactions in flight.
3. ACTIONS & ECONOMICS
(a) Micro‑spends (≤ 0.3 XLM per call) — like, download, stream completion — increase contract escrow only; NO shares are granted.
(b) Invest (> 0.3 XLM per call) — increases escrow and TVL; grants equity shares proportional to the stroops invested. Ownership is dilutive: your percentage = shares / tvl and may change as others invest.
(c) Mine — a 1.0 XLM operation that pins media/metadata, then performs two contract invests (an escrow init and an equity invest) and a fee payment to the admin, per our APR partition logic.
(d) Claim earnings — available when escrow exceeds tvl. The claim transfers your pro‑rata earnings and updates on‑chain accounting.
4. CONTENT, RIGHTS & CREATOR WORKFLOWS
You must have rights to anything you upload or request us to pin. External search previews link to third‑party sources under their own licenses.
Creator Claim (roadmap): after manual verification, creators may claim an entry and receive 25% initial shares, boosted to 50% upon post‑claim promotion that meets criteria. Creator Takedown (roadmap): following verification and due diligence, entries can be removed; TVL is returned to users pro‑rata.
Internal Mine/Mint: for exclusive releases with us, initial share split is agreed in writing. To propose, email ar@skyhitz.io.
5. FEES & PRICING
Fees include network fees and Skyhitz commissions described in‑app (e.g., the fee paid during Mine). We may change fees prospectively.
6. ACCEPTABLE USE
Do not infringe IP; do not upload illegal content; do not attempt to attack, scrape, or disrupt the service; do not engage in market manipulation or deceptive behavior.
7. RISK DISCLOSURE & NO ADVICE
Digital assets are volatile and risky. Nothing on Skyhitz is investment, legal, or tax advice. You are solely responsible for your decisions.
8. THIRD‑PARTY SERVICES
We integrate with Stellar, Cloudflare (Workers/R2/Pages), Algolia, Stripe, Postmark, and others. Each provider’s terms and privacy practices apply.
9. DISCLAIMERS & LIMITATION OF LIABILITY
The service is provided “as is”. To the fullest extent permitted by law, Skyhitz disclaims warranties and will not be liable for indirect, incidental, special, consequential, or exemplary damages. Our aggregate liability will not exceed the amounts you paid to us in the 12 months before the claim.
10. CHANGES
We may update these Terms from time to time. Material changes will be announced in‑app; continued use constitutes acceptance.
11. CONTACT
Questions: support@skyhitz.io
SECTION 8 - USER COMMENTS, FEEDBACK AND OTHER SUBMISSIONS
If, at our request, you send certain specific submissions (for example contest entries) or without a request from us you send creative ideas, suggestions, proposals, plans, or other materials, whether online, by email, by postal mail, or otherwise (collectively, 'comments'), you agree that we may, at any time, without restriction, edit, copy, publish, distribute, translate and otherwise use in any medium any comments that you forward to us. We are and shall be under no obligation (1) to maintain any comments in confidence; (2) to pay compensation for any comments; or (3) to respond to any comments.
We may, but have no obligation to, monitor, edit or remove content that we determine in our sole discretion are unlawful, offensive, threatening, libelous, defamatory, pornographic, obscene or otherwise objectionable or violates any party's intellectual property or these Terms of Service.
You agree that your comments will not violate any right of any third-party, including copyright, trademark, privacy, personality or other personal or proprietary right. You further agree that your comments will not contain libelous or otherwise unlawful, abusive or obscene material, or contain any computer virus or other malware that could in any way affect the operation of the Service or any related website. You may not use a false e-mail address, pretend to be someone other than yourself, or otherwise mislead us or third-parties as to the origin of any comments. You are solely responsible for any comments you make and their accuracy. We take no responsibility and assume no liability for any comments posted by you or any third-party.