Terms of Use

The short version

• PunchCard is a tool. Community tokens are launched by people using it, not by PunchCard and not by the businesses they name.
• A token that names a business isn’t connected to that business or to PunchCard unless the owner has claimed it, and a claim means the owner collects the fees, not that they endorse the token.
• If you launch a token, you’re responsible for having the right to use the name, logo, photo and listing you choose.
• Nothing here is financial advice, and there are no expectations. Holding a token isn’t an investment in PunchCard or any business and promises no returns. Tokens can lose all their value.

1. What PunchCard is

PunchCard (“PunchCard”, “we”, “us”) makes software, this website and the smart contracts behind it. There are two separate products:

• Tokenized Loyalty Rewards, a curated network of participating businesses on Base.
• The Community Launchpad, which lets people launch tokens on pump.fun (Solana) and holds each token’s creator fees under the published claim rules.

We don’t issue community tokens, we don’t run pump.fun or any blockchain, and we never hold the tokens or SOL people trade with.

pump.fun is a separate service. Tokens are created and traded on pump.fun, which PunchCard isn’t affiliated with and doesn’t control. When you launch or trade a token, you’re also using pump.fun and its Terms of Use and Privacy Policy apply, including its own fees. If these terms and pump.fun’s differ, each applies to its own service.

2. Community tokens are made by users

Whoever launches a token (the “launcher”) picks the business, name, ticker, description and image. We don’t write or pre-approve them, and we can’t promise a token is allowed everywhere.

A token using a business’s name doesn’t mean the business made it, approved it, owns it or is raising money. No token is a share, loan, revenue right or ownership stake in any business or in PunchCard.

3. Launch rules

When you launch a token, you agree that:

• you have the right to use everything you submit (name, ticker, description, image and the business you pick), and it doesn’t infringe anyone’s trademark, copyright or likeness;
• you won’t pretend to be a business or person, or suggest that PunchCard or the business is behind the token when they aren’t;
• you won’t use the launchpad for scams, manipulation, harassment, hateful or illegal content;
• you’re of legal age and allowed to launch and trade tokens where you live, and you’re responsible for your own wallet and taxes;
• you pay the launch fee and network costs shown before you sign, and you get no share of the token’s creator fees;
• you also follow pump.fun’s Terms of Use, since your token is created and traded there.

Disputes about trademarks or likeness are between the rights holder and the launcher. If someone makes a claim against PunchCard because of a token you launched, you agree to cover PunchCard’s resulting costs.

4. Fees and owner claims

• PunchCard’s fees: a small launch fee paid by the launcher, and a service fee on each token’s creator fees, set when the token launches. Both are shown on the launch page and in the published rules.
• Creator fees come from trading. If a token earns any, the business’s share is held under the published claim rules. They aren’t a salary, royalty or payment from PunchCard, and we can’t promise how much there will be, or that there will be any.
• Claiming is optional. An owner can claim the fees, ignore the token, or ask us to remove it from PunchCard’s listings. Claiming collects the business’s share of fees from a token someone else launched; it doesn’t mean the business launched or endorses it, and the owner can still object to the use of their name.
• Claims are reviewed, then final. We check the business’s website and hold every claim for a review period, during which we can stop it. Once a claim completes, the payout wallet is permanent and payments can’t be reversed.
• Unclaimed fees go to the token’s eligible holders under the published rules. That isn’t a dividend or investment return, and amounts may be small or zero.

5. Reports and removals

Is a token using your business, brand or image without permission? Use Report this token on its page, or email hello@punchcard.club with the token address and how you’re connected (for example, that you own the business).

What we can do: remove a token from PunchCard’s listings, stop an owner claim while it’s under review, and free a business’s slot so a legitimate token can launch. We do these at our discretion when a report is credible or the rules were broken.

What we can’t do: tokens live on public blockchains and on venues like pump.fun that we don’t control, so we can’t delete or freeze a token, change its name or image, or stop it trading elsewhere. We review reports as they come in, but we can’t watch every launch.

Asking pump.fun: rights holders can also contact pump.fun about a token’s page there, under its Trademark Guidelines and DMCA Policy.

6. No advice, no expectations, and the risks

• Not advice. Nothing on this site or from PunchCard is financial, investment, legal or tax advice. Do your own research.
• Not an investment. Buying or holding PUNCH or any community token is not an investment in PunchCard or in any business. It gives no ownership, equity, profit share, dividend, interest, voting or other rights.
• No expectation of returns. Don’t buy a token expecting to make money. PunchCard makes no promise, and you shouldn’t expect, any profit, price increase, buyback, burn, holder distribution or listing, whether from our efforts or anyone else’s. Any PUNCH buybacks are at our discretion and may never happen.
• Holder distributions aren’t returns. If unclaimed creator fees are shared with holders under the rules, that comes from trading activity. It isn’t a dividend or yield, and amounts may be small or zero.
• Not an offer of securities. Nothing here is an offer or sale of securities.
• You can lose everything. Community tokens and PUNCH are speculative and can lose all their value. Only use money you can afford to lose.

Blockchain software can fail: bugs (ours or others’), problems or changes at pump.fun or Solana, lost wallets, and transactions that can’t be undone. Our smart contracts are new and haven’t had an independent audit yet; we may pause or upgrade them to fix problems. Test-network tokens have no value.

7. Our responsibility

We work hard to get this right, but the site, software and contracts are provided “as is”, without guarantees. To the extent the law allows, PunchCard and its team aren’t liable for indirect or consequential losses, or for lost profits, tokens or funds, from using the site, the launchpad, any token, pump.fun or any blockchain. Where liability can’t be excluded, it’s limited to the fees you paid PunchCard in the twelve months before the claim.

8. Changes and contact

If we update these terms, the version date at the top changes, and launches and claims record which version you agreed to. Questions? hello@punchcard.club.