Terms of Service

1. Account Holder

The parent or legal guardian is the sole account holder on GuardNIL. All funds loaded into the platform remain the property of the parent until explicitly transferred to an athlete's linked bank account. Athletes under 18 may access the platform only through parent-mediated accounts.

2. Not a Bank

GuardNIL is a technology platform, not a bank or financial institution. GuardNIL does not hold funds — funds are held by Stripe, Inc. Balances shown in the GuardNIL wallet are ledger entries and are not FDIC-insured. GuardNIL is not a money transmitter and does not hold a money transmission license.

3. Simulated NIL Contracts

Contracts created on GuardNIL are simulated NIL contracts for educational purposes only. They are not legally binding agreements between any parties. Allowance payments are funded entirely by the parent account holder. GuardNIL does not broker, negotiate, facilitate, or endorse any real NIL deal or endorsement agreement. Nothing on this platform constitutes legal or financial advice.

4. No Guarantee of Athletic Success

GuardNIL makes no representations regarding an athlete's future athletic performance, NIL eligibility, scholarship opportunities, or professional prospects. Use of the platform does not guarantee any athletic, academic, or financial outcome.

5. Acceptable Use

You agree not to:

• Use the platform for any unlawful purpose
• Impersonate any person or entity
• Upload harmful, abusive, or inappropriate content
• Attempt to circumvent platform security or access controls
• Use the platform to facilitate real money transmission outside the approved payment flow

6. Termination

GuardNIL reserves the right to suspend or terminate any account that violates these Terms, misuses the platform, or poses a risk to the safety of other users — particularly minors. Termination does not affect the retention of required records (consent, financial, audit).

7. Arbitration and Dispute Resolution

Any dispute arising from use of GuardNIL shall be resolved by binding arbitration under the rules of the American Arbitration Association, except that either party may bring a claim in small claims court for disputes within that court's jurisdiction. Class action waiver applies to the maximum extent permitted by law.

8. Governing Law

These Terms are governed by the laws of the State of Tennessee. (To be confirmed by counsel.)

9. Changes to These Terms

We may update these Terms from time to time. Material changes will be communicated by email to the parent account holder at least 30 days before taking effect. Continued use after that date constitutes acceptance of the revised Terms.

10. Contact

Questions about these Terms: legal@guardnilu.com