Droves Waitlist Terms of Use

Version 0.5

Last updated: 26 Sep 2026

Important: Section 12 requires individual arbitration and waives class actions and jury trials, unless you opt out.

These terms cover the Droves waitlist at droves.fun (the "Waitlist"). They are short on purpose. The Waitlist is only a sign-up list. It isn't the Droves product.

Droves is operated by DIG MIAMI, LLC, a Florida limited liability company (Florida document no. L22000122480), with its principal office at 125 South Clark Street, Suite 1175, Chicago, IL 60603 ("Droves", "we", "us"). You can reach us at haydn@droves.fun.

1. Agreeing to these terms

When you join the Waitlist, by email or by connecting a wallet, you agree to these terms. Please also read our Waitlist Privacy Policy. It explains what we collect and why. If you don't agree, please don't join.

2. Who can join

To join, you must:

• be at least 18 years old. The Waitlist is not for anyone under 18;
• not be located in, ordinarily resident in, or organised in a Restricted Jurisdiction, and not be a national of Cuba, Iran or North Korea. The Restricted Jurisdictions are currently Cuba, Iran, North Korea, Syria, Russia, Belarus, the Crimea region of Ukraine (including Sevastopol), the so-called Donetsk People's Republic and Luhansk People's Republic regions of Ukraine, and any other areas of the Donetsk, Kherson, Luhansk and Zaporizhzhia regions of Ukraine that are not under the control of the Government of Ukraine. We may update this list at any time;
• not be on any U.S. sanctions list, including the OFAC Specially Designated Nationals and Blocked Persons List, and not be owned or controlled by anyone who is;
• not use the Waitlist on behalf of anyone listed above; and
• give accurate information and join only for yourself.

We're a U.S. company and must follow U.S. sanctions laws. We may also use your IP address to block access from Restricted Jurisdictions. We may refuse, pause or remove any sign-up at any time, for any lawful reason. That includes sign-ups that look automated, duplicated, fake or abusive.

3. What the Waitlist is, and what it isn't

• It's a list. Joining means we'll email you about the Droves launch and send product updates and news (section 6).
• It isn't an offer. Joining isn't an offer, sale or solicitation of any token, digital asset, security, investment, financial product or service. It isn't a commitment by you, or by us, to buy, sell or back anything.
• No token is promised. We don't promise that Droves, or anyone else, will ever issue a token. We don't promise that any token will be made available to you.
• No rewards or allocation. Joining doesn't give you any allocation, airdrop, discount, points, priority, fee share, reward or other benefit, and doesn't promise any.
• No money involved. Joining is free. We will never ask you for funds, a transaction, a seed phrase or a private key to join. If someone does, it isn't us.
• Not advice. Nothing on the Waitlist is financial, investment, legal or tax advice.
• The product may change or never launch. Droves is still being developed. Its features, timing and availability (including where it is offered) may change. It may launch later than expected, launch in a different form, not be available where you live, or not launch at all.

4. Your number in the founding queue

When you join, we show you your number in the founding queue (for example "You're #1,284 in the founding queue."). It shows the order in which you joined. That's all it is.

• It isn't an allocation, token, discount, reward, role, status or promise of any benefit, and it has no monetary value. "Founding" only means you joined the waitlist before Droves opened.
• It's personal to you. You can't sell, transfer, trade or assign it. Any attempt to do so is void.
• The number is assigned automatically and we don't reuse numbers. We may skip or remove numbers (for example for spam, duplicate or abusive sign-ups) without renumbering anyone else. Referrals never change anyone's number.
• We may change the name, look or meaning of the number, or stop using it.
• Sign-up count. If we show how many people are in the queue, it's the real number of confirmed sign-ups. We may choose not to show it.

5. Referral links and sharing

After you join, you get a personal share link (for example droves.fun/c/<code>), which you can share on X or anywhere else.

• How referral tracking works. If someone opens your link and then joins, we record that they came through your link.
• Their browser keeps the first referral code it sees for 30 days.
• If they join in that time, the code is sent with their sign-up, and we store a record of which code brought them.
• This happens in the background. Nothing on the page shows referral counts or rankings.
• The Privacy Policy explains exactly what's stored and for how long.
• Referrals are recorded only. They don't earn rewards, money, points, priority, a better number, a role or any other benefit, and they don't count towards any current or future Droves programme unless we clearly announce that programme, with its own terms, in advance.
• You can't see who joined through your link, and they can't see who you are from the link. We don't publish referral data. We may change or end referral tracking at any time.
• Share honestly. Don't spam, don't pay or trick people to sign up, and don't make claims about Droves that aren't true. In particular, don't say or suggest that Droves is a guaranteed return, a presale, or a way to get tokens, allocations or rewards. Don't create extra entries to refer yourself. Self-referrals aren't recorded.
• Sharing to X or any other third-party service is between you and that service. Its own terms apply.

6. Emails

If you join with an email address (or add one later), we'll send you:

• service emails: confirming your sign-up, resending your number when you ask, and replying to your requests;
• launch news: telling you when Droves opens; and
• product updates and news about Droves.

Every email that isn't a service email includes an unsubscribe link, and you can unsubscribe at any time. Unsubscribing doesn't remove your place in the founding queue. Your number and entry stay unless you ask us to delete them (section 9). If you unsubscribe, we'll only send you service emails. That means we won't tell you when Droves opens. If you join with a wallet only, we can't email you unless you add an email address.

7. Connecting a wallet

If you join with a Solana wallet, we ask you to sign a message to prove the wallet is yours. This isn't a transaction and costs nothing. We never ask for, and never receive, your private key or seed phrase. You are responsible for your wallet and its security. Wallet addresses are public on the blockchain. The Privacy Policy explains how we handle yours.

8. Acceptable use

Don't:

• sign up with bots, scripts or fake or disposable identities, or create multiple entries;
• interfere with the Waitlist, get around rate limits or bot checks, or try to access data that isn't yours;
• use the Waitlist to break any law, including sanctions laws; or
• copy or misuse the Droves name, logo or content, except to share your own sign-up in the normal way.

9. Leaving the Waitlist

You can leave at any time. Email privacy@droves.fun and ask us to delete your entry. When you leave, your number is retired and isn't given to anyone else. The Privacy Policy explains what happens to your data, including referral records.

10. Changes, and the end of the Waitlist

We may change these terms. If we make a material change, we'll update the "Last updated" date and, where appropriate, tell you by email. Changes to the arbitration agreement follow section 12.4(k). We may change, pause or close the Waitlist at any time.

When Droves launches, separate Droves Platform Terms will govern the product. You'll need to accept those terms before you can use it. The Platform Terms may be offered by us or by the successor or affiliate described in section 13. Nothing in these Waitlist terms gives you a right to use the product.

11. Our intellectual property

Droves, the droves logo, "The market before the market." and the site content belong to us or our licensors. You don't get any rights in them, except to view the site and share your own sign-up.

12. Disclaimers, liability and disputes

12.1 No warranties. The Waitlist is provided "as is" and "as available". To the fullest extent the law allows, we disclaim all warranties, express or implied, including merchantability, fitness for a particular purpose, title and non-infringement. We don't promise that the Waitlist will be uninterrupted, error-free or secure, or that Droves will launch.

12.2 Limitation of liability. To the fullest extent the law allows, we (and our affiliates, members, managers, employees and contractors) won't be liable for any indirect, incidental, special, consequential, exemplary or punitive damages, or for any loss of profits, data, opportunity or goodwill, arising out of the Waitlist. Our total liability for all claims relating to the Waitlist won't exceed US$100. Some places don't allow some of these limits. Where that's the case, they apply only to the extent allowed.

12.3 Governing law. These terms are governed by the laws of the State of Florida and applicable U.S. federal law (including the Federal Arbitration Act for section 12.4), without regard to conflict-of-laws rules.

12.4 Disputes: informal resolution, then individual arbitration. Please read this section carefully. It affects your legal rights, including your right to go to court.

(a) Talk to us first. Before either of us starts an arbitration or a small-claims case, the side with the dispute must send the other a written notice describing it and the outcome it wants. Send notices to us at haydn@droves.fun. We'll send notices to you at the email address on your waitlist entry, if there is one. We'll both try in good faith to resolve the dispute informally for 30 days after the notice is received. During those 30 days, any time limit for bringing the claim is paused.

(b) Binding individual arbitration. If the dispute isn't resolved within 30 days, any dispute, claim or controversy between you and us arising out of or relating to these terms, the Waitlist or your waitlist entry (including whether this section applies to a dispute) will be resolved by binding individual arbitration, not in court, except as set out in (c), (d) and (i). The Federal Arbitration Act governs this section. The arbitration will be administered by the American Arbitration Association ("AAA") under its Consumer Arbitration Rules in effect when the arbitration is started (available at adr.org). The seat of arbitration is Miami-Dade County, Florida. Hearings will be held by video or phone, or decided on written submissions, wherever possible, so you won't normally need to travel. A single arbitrator will decide the dispute, apply the governing law in section 12.3, and may award any individual relief a court could award, but only to you or us individually and only to the extent needed to resolve your individual claim.

(c) Small claims. Instead of arbitration, either of us may bring an individual claim in a small-claims court that has jurisdiction, as long as the claim stays in that court and is brought only on an individual basis.

(d) Intellectual property. Either of us may go to the courts named in (i) to ask for an injunction or other equitable relief to stop the actual or threatened infringement or misuse of intellectual property.

(e) Fees. Filing, administration and arbitrator fees are paid as set out in the AAA Consumer Arbitration Rules and fee schedule, which limit what an individual consumer pays. We'll pay the fees those rules require the business to pay. Each side pays its own lawyers' fees and costs, unless the arbitrator awards them under applicable law or the AAA rules.

(f) CLASS ACTION WAIVER. YOU AND WE EACH AGREE TO BRING DISPUTES ONLY IN OUR INDIVIDUAL CAPACITIES, AND NOT AS A PLAINTIFF, CLAIMANT OR CLASS MEMBER IN ANY CLASS, COLLECTIVE, CONSOLIDATED OR REPRESENTATIVE ACTION OR ARBITRATION. THE ARBITRATOR MAY NOT COMBINE MORE THAN ONE PERSON'S CLAIMS OR PRESIDE OVER ANY CLASS, COLLECTIVE OR REPRESENTATIVE PROCEEDING, EXCEPT AS SET OUT IN (h).

(g) JURY TRIAL WAIVER. YOU AND WE EACH WAIVE ANY RIGHT TO A JURY TRIAL. THIS APPLIES IN ARBITRATION AND, TO THE EXTENT THE LAW ALLOWS, IN ANY CASE THAT GOES TO COURT.

(h) Mass filings. If 25 or more similar arbitration demands are filed against us, or by us, by or with the help of the same law firm or coordinated group, the AAA will administer them in batches of up to 100 demands, with one arbitrator per batch, under the AAA's rules for multiple or mass filings where they apply. The fees for each batch will be charged as if it were a single case, where the AAA rules allow. Any time limit for bringing a claim in a later batch is paused until that batch starts. Both sides agree to cooperate in good faith to set up the batches. This doesn't stop anyone from settling their own claim individually at any time.

(i) Opting out. You can opt out of arbitration by emailing haydn@droves.fun within 30 days after the date you first join the Waitlist. Include your name, the email address or wallet address you joined with, and a clear statement that you want to opt out of arbitration. Opting out doesn't affect any other part of these terms. If you opt out, or if a dispute isn't subject to arbitration, it will be decided exclusively by the state courts in Miami-Dade County, Florida, or the U.S. District Court for the Southern District of Florida, and each of us submits to the jurisdiction of those courts.

(j) If part of this section doesn't apply. If the class action waiver in (f) is found unenforceable for any claim, or for any request for relief, that claim or request (and only that one) will be separated from the arbitration and decided by the courts named in (i), after any individual claims have been arbitrated. The rest of this section will still apply. If any other part of this section is found unenforceable, the rest of it will still apply.

(k) Changes to this section. If we change this section, the change won't apply to any dispute you or we have already given notice of, and you can reject the change by emailing haydn@droves.fun within 30 days after it takes effect; if you do, the version of this section you last agreed to will keep applying to you.

(l) Survival. This section continues to apply after you leave the Waitlist, after the Waitlist closes, and after these terms end.

13. General, and transfer to a successor

These terms and the Privacy Policy are the whole agreement about the Waitlist. If any part is unenforceable, the rest still applies (section 12.4(j) governs severability of the arbitration agreement). If we don't enforce a term, that isn't a waiver.

Assignment. You can't transfer these terms or your place in the founding queue. We may assign or transfer these terms, your waitlist entry and our rights and obligations under them to any affiliate, or to any successor entity that operates Droves (for example a company formed to run the Droves platform), or as part of a merger, reorganisation, financing or sale of all or part of the Droves business. The new operator will be bound by these terms and the Privacy Policy for your existing entry. We'll tell you about the change by email or on this page.

These terms are written in English.

14. Contact

DIG MIAMI, LLC (operating Droves) · 125 South Clark Street, Suite 1175, Chicago, IL 60603 · haydn@droves.fun