Risk Disclosure & Trading Disclaimer
Effective date: May 31, 2026
The Fridge is early-stage, alpha software. Features — including the On The Counter (OTC) marketplace and any “Buy” action on OpenSea-aggregated listings — are experimental, may contain bugs, and may change or break without notice. NFT and cryptocurrency trading involves substantial risk, including the total loss of your assets. Never transact more than you can afford to lose.
1. No Financial, Investment, Legal, or Tax Advice
The Fridge is a social platform — not a broker, dealer, exchange, investment advisor, money services business, or financial institution. Nothing on the Platform constitutes financial, investment, legal, or tax advice, or a recommendation to buy, sell, or hold any digital asset.
NFTs and cryptocurrencies are highly volatile and speculative. Prices can fall to zero. Past performance does not indicate future results. You are solely responsible for your own decisions and should do your own research and/or consult a licensed professional.
2. Our Role — Non-Custodial Facilitator
The Fridge never takes custody of your NFTs, cryptocurrency, funds, wallet, or private keys. We do not hold, escrow, or control your assets at any point.
- Peer-to-peer (native) OTC trades execute directly between users through the Seaport smart-contract protocol on the Ethereum blockchain. The Fridge is not a party to any trade and does not guarantee that any trade will complete.
- “Buy” on aggregated listings routes you to fulfill an existing, publicly available order listed on OpenSea (a third party). Your own wallet signs and broadcasts the transaction. The Fridge only relays publicly available order and transaction data so your wallet can complete the purchase — the trade itself is between you and the third-party seller.
- The Fridge currently charges a 0% platform feeon trades. Network (“gas”) fees and any third-party marketplace fees still apply and are not set or collected by us.
3. Blockchain Transactions Are Irreversible
Once a transaction is signed by your wallet and confirmed on the blockchain, it is final and cannot be reversed, cancelled, or refunded by The Fridge or anyone else. Always review the full details in your wallet before signing.
Gas fees are paid to the network, not to The Fridge, and are non-refundable — including for transactions that fail or revert (for example, if a listing is purchased by someone else before your transaction confirms).
4. Smart-Contract & Technical Risk
Trades rely on third-party smart contracts (including Seaport) and on blockchain infrastructure that The Fridge does not own or control. Smart contracts may contain bugs or be exploited. Network congestion, reorganizations, outages, failed price estimates, or transaction front-running may delay, alter, or cause the failure of your transaction. You accept these risks when you transact.
5. Third-Party Services & Listings
The Platform aggregates data from, and routes transactions through, third-party services we do not control, including OpenSea (listings and order fulfillment), Alchemy (on-chain and NFT data), wallet providers such as Privy, and blockchain RPC providers. We are not responsible for their availability, accuracy, fees, terms, or actions.
Aggregated listings originate on OpenSea, not from The Fridge. We do not vet, endorse, verify, or guarantee any collection, token, seller, listing, or price, nor that any asset is authentic, properly licensed, or not stolen. Counterfeit, plagiarized, and misrepresented assets exist across all NFT marketplaces. You are solely responsible for verifying what you are buying before you sign.
6. Wallet Security Is Your Responsibility
You are solely responsible for your wallet, private keys, and seed phrases. The Fridge cannot recover lost wallet access, reverse unauthorized transactions, or restore stolen assets.
Be alert to phishing, fake listings, malicious token approvals, and impersonation scams. The Fridge will never DM you, and will never ask for your seed phrase or private key. Only sign transactions you fully understand.
7. Eligibility & Sanctions
By using the Platform to trade, you represent and warrant that:
- You are at least 18 years old and legally able to enter into binding agreements.
- You are not located in, a resident of, or a citizen of any country or region subject to comprehensive economic sanctions, and you are not on any sanctions or restricted-party list (including the U.S. OFAC Specially Designated Nationals list).
- Your use of the Platform is legal in your jurisdiction.
The Fridge does not currently perform identity verification (KYC), anti-money-laundering (AML), or sanctions screening on users or wallets. Complying with all laws and regulations that apply to you is your responsibility.
8. Taxes
You are solely responsible for determining, reporting, and paying any taxes that arise from your activity on the Platform. The Fridge does not provide tax advice and does not generate tax forms or reports on your behalf.
9. No Warranties
THE PLATFORM AND ALL TRADING FEATURES ARE PROVIDED “AS IS” AND “AS AVAILABLE” WITHOUT WARRANTIES OF ANY KIND, EXPRESS OR IMPLIED, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, OR NON-INFRINGEMENT. We do not warrant that the Platform will be uninterrupted, error-free, secure, or that any price, listing, or piece of data is accurate or current.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW, THE FRIDGE SHALL NOT BE LIABLE FOR ANY LOSS OR DAMAGE ARISING FROM:
- changes in the value of any NFT or cryptocurrency;
- smart-contract bugs, failures, or exploits;
- transactions that fail, revert, stall, or are front-run;
- wallet compromise, lost or stolen keys, or unauthorized transactions;
- the failure, downtime, or actions of third parties (including OpenSea, wallet, and RPC providers);
- counterfeit, stolen, or misrepresented assets; or
- the outcome of any peer-to-peer or aggregated trade.
You use the Platform and trade entirely at your own risk.
11. Changes to This Disclosure
The Fridge is evolving, and so will this disclosure. We may update it at any time; when we do, we will revise the effective date above. Your continued use of the Platform after changes are posted constitutes acceptance of the updated disclosure.
12. Related Documents & Contact
This Risk Disclosure supplements, and should be read together with, our Terms of Service and Privacy Policy. If any conflict exists regarding trading risk, this disclosure controls.
- Email: hi@thefridge.io
- X (Twitter): @TheFridgeIo