Fund Verification: Service Terms

Effective date: 2026-03-23 · Last updated: 2026-07-02

1. Service description

Chain Daddy provides an optional fund verification service ("Fund Verification") for deal offers. Fund Verification checks the on-chain balance of a buyer's wallet at a specific block and creates a signed attestation of the result.

2. Nature of verification

2.1. Fund Verification is a point-in-time balance check, not a guarantee, escrow, or hold on funds.

2.2. A passing verification confirms that, at a specific block number, the wallet held a balance meeting or exceeding the required threshold. It does not guarantee that funds will remain available at deal completion.

2.3. Verification results are informational. They do not constitute financial advice, credit checks, or underwriting.

3. Attestation

3.1. When verification passes, Chain Daddy signs a cryptographic attestation containing the verification details. This attestation is:

• Stored off-chain in Chain Daddy's database
• Referenced on-chain via a hash in the deal contract
• Independently verifiable by calling verifyFundAttestation() on the smart contract

3.2. The attestation signer key is dedicated to fund verification and is separate from Chain Daddy's administrative keys.

4. Limitations

4.1. Not an escrow or guarantee. Fund Verification does not lock, reserve, or custody any funds. The buyer retains full control of their wallet at all times.

4.2. Point-in-time only. Balances can change between verification and deal completion. Re-verification at claim time provides updated information but is also point-in-time.

4.3. RPC dependency. Verification relies on third-party blockchain RPC providers. Temporary RPC outages may prevent verification. This is not a service failure.

4.4. Soft enforcement. Fund verification is a soft check. It does not block deal progression at the smart contract level. The smart contract remains the authority on deal execution.

4.5. Currency volatility. The required verification percentage adjusts based on 60-day currency volatility. This is a risk-adjusted threshold, not a guarantee against price movements.

5. Liability

5.1. Chain Daddy is not liable for deals where a verified buyer subsequently lacks sufficient funds. Fund Verification is a tool for informed decision-making, not a financial guarantee.

5.2. Chain Daddy is not liable for temporary unavailability of Fund Verification due to RPC provider outages, price API outages, or infrastructure maintenance.

5.3. The maximum liability for Fund Verification service errors shall not exceed the facilitation fees paid for the relevant deal.

6. Data handling

6.1. Verification records (wallet address, balance, attestation hash) are stored in Chain Daddy's database and retained for the lifetime of the associated deal.

6.2. Wallet addresses are masked in system logs (first 6 + last 4 characters visible).

6.3. On-chain attestation hashes are publicly visible on the blockchain.

7. Availability

7.1. Fund Verification targets 99.5% availability as measured over rolling 30-day windows.

7.2. Scheduled maintenance windows will be communicated via the platform status page.

7.3. Deal offers can be submitted without fund verification. Unverified offers are clearly marked in the deal management interface.