Terms & Conditions
for Aurora Blocks Incubator Program

Welcome to the Aurora Blocks Incubator Program (“Program”), an initiative by Aurora Labs (“Aurora”) to empower entrepreneurs and developers in launching Virtual Chains on NEAR. By participating in this Program, you agree to abide by these Terms and Conditions (“Terms”). Please read them carefully before applying or engaging in any activities related to the Program.

1. Definitions

User and/or You– an individual over 18 years old who can be identified, directly or indirectly, in particular by reference to – an identifier such as a name, an identification number, location information, or an online identifier, or any relevant factors of the individual;

Device means any device that can access the Service using an Internet connection.

Privacy Policy means the terms which set out how we will deal with confidential and personal information received from You via the Website. The Privacy Policy is accessible at https://auroralabs.dev/privacy.

Service refers to Aurora Virtual Chains, the turnkey solution for adopting blockchain in your business.

Third-party Social Media Service means any products, services, data, information, or other content that may be displayed, contained, or made available by the Service and is supplied by a third party.

The Website refers to the domain https://auroracloud.dev/ and https://aurora.dev/incubator.

2. Acknowledgment

These are the Terms and Conditions governing the participation in the Program and define the rights and obligations of applicants and participants.

Acceptance of and compliance with these Terms are mandatory for application and participation in the Program. All applicants and Participants in the Program are subject to these Terms. By applying and participating in this Program, you agree to abide by these Terms.

If you disagree with any part of these Terms, you are not eligible to apply or participate in the Program.

Participation in the Program also requires acceptance of Aurora’s Privacy Policy, which outlines how your personal information is collected, used, and protected. Please review the Privacy Policy carefully before applying.

3. Program Overview

The Program is a results-driven online initiative that supports the development and launch of Virtual Chains on the NEAR Protocol (“Protocol”) via Aurora Labs.

The Program provides participants with funding, mentorship, technical resources, and team-building support to accelerate their projects from ideation to launch.

4. Eligibility

The Program is open to individuals, startups, and companies engaged in blockchain, AI, RWA, decentralized finance (DeFi), and related technologies.

Applicants must be at least 18 years old or meet the legal age of majority in their jurisdiction. Companies must demonstrate legal capacity to comply with Program requirements.

Aurora reserves the right to approve or reject applications at its sole discretion.

5. Applicant Representations

By applying and participating in the Program, you represent and warrant that:

• All application and registration information submitted will be true, accurate, current, and complete;

• you will maintain the accuracy of such information and promptly update such registration information as necessary;

• you have the legal capacity, and you agree to comply with these Terms:

• you are not a minor in the jurisdiction in which you reside;

• you will not apply or participate in the Program for any illegal or unauthorised purpose; and

• your application and participation in the Program will not violate any applicable law or regulation.

If you provide any information that is untrue, inaccurate, out-of-date, or incomplete, Aurora reserves the right to remove applicants and participants from the Program.

6. Program Participation

Application and Selection Process for the Program:

To apply for the Program, applicants must complete and submit the official application form available at Aurora Blocks Incubator Application. The form requires applicants to provide comprehensive details about their project, including but not limited to:

Personal Information: Full name, email, Telegram handle, Twitter, LinkedIn profile, and Aurora wallet address.

Team Details: Roles and backgrounds of each team member.

Project Overview: Project name, Twitter handle, Discord link, website or prototype link, and a concise description of the project.

Development Stage: Current stage of the project and technical details on how the project leverages its own blockchain.

Competitive Landscape: Identification of competitors and the project’s competitive edge.

Problem-Solving and Uniqueness: Explanation of the problem being solved and what differentiates the project.

Traction: Metrics, growth statistics, or other relevant data demonstrating the project's progress.

Blockchain Ecosystem: Disclosure of whether the project has launched in other ecosystems beyond Aurora/NEAR and confirmation of commitment to build and launch on Aurora Virtual Chain.

Token Information: Indication of whether the project requires a token, its intended utility, and any existing or planned token launches.

Success Definition: Applicant’s vision of success for the project.

Program Goals: What the applicant seeks to gain from the incubator.

Funding Status: Details on any raised funding, including amounts, sources, grants, or hackathon prizes.

Referral Source: How the applicant learned about the Program.

Aurora will evaluate applications based on the following criteria:

Technical and Business Potential: The project’s technical feasibility, innovative use of blockchain, and potential impact on the Aurora ecosystem.

Team Strength: The expertise, experience, and commitment of the founding team.

Market Fit and Competitiveness: The clarity of the problem being solved, market opportunity, and differentiation from competitors.

Growth Trajectory: Demonstrated traction, strategic vision, and scalability potential.

Aurora reserves the exclusive right to select the five (5) projects that will participate in the Program, based on its discretionary evaluation of the applications received. Selection decisions are final and not subject to appeal or dispute.

Selected applicants (“Participants”) will be notified via the contact details provided in their application.

Aurora may request additional documentation or conduct interviews during the selection process.

Participation in the Program requires full engagement in all scheduled activities, including mentorship, technical workshops, and milestone reviews.

Failure to comply with these terms or provide accurate information may result in disqualification from the selection process or removal from the Program.

Failure to comply with Program requirements or deadlines may result in removal from the Program.

Aurora reserves the right to remove participants from the Program for non-compliance with these Terms or disruptive behaviour.

7. Funding and Investment

Participation in the Program does not guarantee funding or investment.

Any funding or investment offered will be outlined in individual agreements between Aurora and Participants.

Technical resources and team-building support are provided to assist participants but do not constitute a guarantee of project success.

8. Intellectual Property

Unless otherwise specified, all Program content and materials, including, but not limited to all source code, databases, functionality, software, website designs, audio, video, text, photographs, and graphics (collectively, the "Content" or “Aurora Materials”), as well as the trademarks, service marks, and logos contained therein (collectively, the "Marks"), are owned or controlled by Aurora or licensed to us and are protected by copyright and trademark laws, as well as various other intellectual property rights and unfair competition laws.

Except as expressly provided in these Terms, no part of the Protocol and the Program and no Content or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise exploited for any commercial purpose whatsoever, without Aurora’s express prior written permission.

You are granted a limited license to access and use the Website, the Protocol and the Program, and to make one personal, non-commercial use-only copy of any part of the content to which you have lawfully had access, download, or print. This is granted as long as you are eligible to participate in the Program. Any ownership rights in the Program, the Content, and the Marks not expressly granted to you are owned by Aurora.

Nonetheless, Participants retain ownership of any intellectual property developed by them prior to or during the Program.

Aurora does not claim ownership of Participants’ projects but may request a non-exclusive, royalty-free license to showcase projects for promotional purposes.

9. Confidentiality

Aurora and Participants agree to maintain the confidentiality of proprietary information shared during the Program.
Participants should refrain from disclosing any proprietary information obtained from other participants or the Program without explicit permission.

10. Warranties

The Program is provided to You "AS IS" and "AS AVAILABLE," with all flaws and defects, and without any warranty of any kind. To the greatest extent permitted by applicable law, Aurora disclaims all warranties, whether express, implied, statutory, or otherwise, concerning the Service, including all implied warranties of merchantability, fitness for a particular purpose, title, and non-infringement, and warranties that may arise out of a course of dealing, course of performance, or otherwise. Without limiting the aforementioned, Aurora gives no assurance that the Program will satisfy Your requirements, produce the intended results, be compatible with other software, applications, systems, or services, operate without interruption, meet any performance or reliability standards, be error-free, or that any errors or defects can be fixed.

Without limiting the foregoing, neither Aurora nor any of the Aurora’s providers make any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Program, or the information, content, and materials or products included thereon; (ii) that the Program will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Program; or (iv) that the Program, its servers, the content, or e-mails sent from or on behalf of Aurora are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You.

Without limiting the foregoing, neither the Company nor any of the company's providers makes any representation or warranty of any kind, express or implied: (i) as to the operation or availability of the Service, or the information, content, and materials or products included thereon; (ii) that the Service will be uninterrupted or error-free; (iii) as to the accuracy, reliability, or currency of any information or content provided through the Service; or (iv) that the Service, its servers, the content, or e-mails sent from or on behalf of the Company are free of viruses, scripts, trojan horses, worms, malware, timebombs or other harmful components.

Some jurisdictions do not allow the exclusion of certain types of warranties or limitations on applicable statutory rights of a consumer, so some or all of the above exclusions and limitations may not apply to You.

11. Indemnification

You agree to defend, indemnify, and hold us harmless, including our subsidiaries, affiliates, and all of our respective officers, agents, partners, and employees, from and against any loss, damage, liability, claim, or demand, including reasonable attorneys’ fees and expenses, made by any third party due to or arising out of:

• Your developments;

• Application and participation in the Program;

• breach of these Terms;

• any breach of your representations and warranties set forth in these Terms;

• your violation of the rights of a third party, including but not limited to intellectual property rights; or

• any overt harmful act toward any other Participant of the Program with whom you connected via the Program.

Despite the aforementioned, we reserve the right to assume the sole defence and control of any matter for which you are required to indemnify us, and you agree to assist us in the defence of such claims at your expense. As soon as we become aware of any such claim, action, or proceeding covered by this indemnification, we will make a reasonable effort to inform you about it.

12. Limitation of Liability

To the greatest extent permitted by applicable law, Aurora shall not be liable for any special, incidental, indirect, or consequential damages of any kind (including, but not limited to, damages for loss of profits, loss of data or other information, business interruption, personal injury, or loss of privacy) arising from the participation in the Program.

Participants acknowledge that they assume full responsibility for their projects and decisions made during and after the Program.

1. Program Termination

   Aurora reserves the right to terminate or modify the Program at any time without prior notice.
   Participants may voluntarily withdraw from the Program by providing written notice to [email protected].

2. Waiver

Except as provided herein, the failure to exercise a right or to require performance of an obligation under these Terms shall not affect a party's ability to exercise such right or require such performance at any time thereafter, nor shall the waiver of a breach constitute a waiver of any subsequent breach.

13. Changes to the Terms & Conditions

At our sole discretion, Aurora reserves the right to amend or replace these Terms at any time.

You agree to be bound by the amended terms by continuing to participate in the Program after such adjustments become effective. If You do not agree to the updated terms in its entirety, please discontinue your participation in the Program.

14. Severability

These Terms are meant to be severable in essence. If any provision of these Terms is found to be invalid or unenforceable in whole or in part in any jurisdiction, that provision shall be ineffective in that jurisdiction to the extent of such invalidity or unenforceability, without affecting the validity or enforceability of the remaining provisions of these Terms in that jurisdiction.

15. Governing law

These Terms, and all disputes and claims arising out of or in connection with these Terms or its subject matter or formation, including non-contractual disputes and claims, are governed by the laws of Gibraltar without regard to its conflict of laws rules. These laws will apply no matter where you live or are located in the world. Notwithstanding the aforementioned, nothing in these Terms, including the aforementioned choice of law provision, affects your rights as a User to rely on any mandatory provisions of the country's law in which you are resident.

You and Aurora: (a) waive the right to have any and all disputes or claims arising from these Terms, your use or access to the Website or any other disputes with Aurora (collectively, “Disputes”) resolved in a court; and (b) waive any right to a jury trial. Instead, you and Aurora agree to arbitrate Disputes that are not resolved informally (as described below) through binding arbitration (i.e. the referral of a Dispute to one or more persons charged with reviewing the Dispute and making a final and binding determination to resolve it) instead of having the Dispute decided by a judge or jury in court).

You and Aurora agree that any dispute will be resolved solely through individual arbitration and will not be brought as a class arbitration, class action or any other type of representative proceeding. Neither party agrees to class arbitration or to an arbitration in which an individual attempts to resolve a dispute as a representative of another individual or group of individuals. Further, you and Aurora agree that a dispute cannot be brought as a class, or other types of representative action, whether within or outside of arbitration, or on behalf of any other individual or group of individuals.

You agree that will notify Aurora, in writing, of any Dispute within thirty (30) days of when it arises so that you and Aurora can attempt, in good faith, to resolve the Dispute informally. Your notice must include (1) your name, postal address, and email address; (2) a description of the nature or basis of the Dispute; and (3) the specific action that you are seeking. If you and Aurora cannot resolve the Dispute within thirty (30) days of Aurora receiving the notice, either you or Aurora may, as appropriate pursuant to this section, commence an arbitration proceeding. You and Aurora agree that any arbitration or claim must be commenced or filed within one (1) year after the Dispute arose; otherwise, you and Aurora agree that the claim is permanently barred (which means that you will no longer have the right to assert a claim regarding the Dispute).

Contact US

If you have any questions about these Terms of Use, You can contact us by email: [email protected].