Terms of Service
Last updated: March 2026
Please read these Terms of Service carefully before using the GoFogo platform. These terms govern your participation in penny auctions, purchase and use of bid credits, and claiming of prizes. GoFogo is a blockchain-based platform — some of these terms differ from traditional online services because auction outcomes are determined by on-chain smart contracts, not by a company employee or server.
- •By connecting a wallet to GoFogo and using the platform in any capacity — including purchasing bid credits, placing bids, or claiming prizes — you agree to these Terms of Service in full.
- •If you do not agree to these terms, do not use the platform.
- •These terms may be updated from time to time. Continued use of the platform after an update constitutes acceptance of the revised terms.
- •GoFogo is a trustless penny auction platform. Auction logic — including bid processing, timer resets, winner determination, and prize payouts — is executed by smart contracts on the Fogo blockchain. GoFogo does not control auction outcomes.
- •GoFogo is currently operating on Fogo mainnet. Platform features may change as the platform develops.
- •Participation requires a compatible wallet and bid credits. GoFogo does not provide investment advice or financial services.
- •Bid credits are purchased in packs and are consumed when used to place bids. Bid credits are non-refundable once placed in an auction, regardless of whether you win.
- •Bid credits have no cash value and cannot be redeemed for currency. They may only be used to place bids on the GoFogo platform.
- •GoFogo may offer promotional bonus credits at its discretion. Bonus credits are subject to the same non-refundable terms as purchased credits.
- •Bid credit purchases are final. GoFogo does not issue refunds for unused credits except where required by applicable law.
- •Each bid you place in an auction: (1) consumes one bid credit from your balance, (2) increases the auction price by the increment specified for that auction, (3) resets the countdown timer, and (4) makes you the current leading bidder.
- •Auctions continue until the countdown timer expires with no new bids. The most recent bidder at that moment wins the auction.
- •The use of bots, automated bidding tools, or any software to place bids without direct manual input is prohibited. GoFogo reserves the right to void bids and cancel winnings resulting from automated activity.
- •GoFogo reserves the right to cancel or void an auction in the event of a smart contract error, platform exploit, or other technical failure. In such cases, affected bid credits will be restored.
- •If you win an auction, you are obligated to complete checkout at the final auction price. Winning obligates purchase.
- •Prize claims must be completed within 30 days of winning. Unclaimed prizes after this period may be forfeited.
- •For physical prizes, you must provide accurate shipping information. GoFogo is not responsible for prizes lost due to incorrect shipping details.
- •For on-chain digital prizes (NFTs, tokens), prizes are delivered to the wallet address that won the auction. Ensure you control the winning wallet address before bidding.
- •Final auction prices are determined on-chain and are not subject to dispute or reversal by GoFogo.
- •You may not use GoFogo if you are located in a jurisdiction where participation in penny auctions or blockchain-based platforms is prohibited by law.
- •You must be at least 18 years old (or the legal age of majority in your jurisdiction) to use GoFogo.
- •You may not create multiple accounts or wallets to abuse promotional offers.
- •You may not attempt to exploit, hack, or manipulate the platform, smart contracts, or any connected infrastructure.
- •GoFogo reserves the right to suspend or permanently ban accounts found in violation of these terms.
Blockchain Considerations
- •All bids, purchases, and prize payouts are recorded on the Fogo public blockchain and are permanently visible. By participating, you acknowledge that your wallet address and auction activity are public.
- •Blockchain transactions are irreversible. Once a bid is placed and recorded on-chain, it cannot be undone.
- •GoFogo operates gasless bidding — the platform abstracts gas fees for bid transactions. However, wallet connection and bid credit purchases may involve network transactions that are subject to standard blockchain conditions.
- •GoFogo is not responsible for loss of funds resulting from your own wallet mismanagement, including loss of private keys.
- •GoFogo is provided 'as is' without warranties of any kind, express or implied.
- •GoFogo is not liable for losses resulting from: smart contract bugs or exploits beyond our control, network downtime or congestion, wallet software failures, or your own errors in auction participation.
- •GoFogo's total liability to you for any claim arising from use of the platform shall not exceed the amount you paid for bid credits in the 30 days preceding the claim.
- •Auction outcomes are determined by smart contract logic. GoFogo employees cannot alter, reverse, or override on-chain outcomes. This is a feature, not a limitation.
- •These terms are governed by and construed in accordance with applicable law. Dispute resolution terms will be specified in a future update as the platform develops its legal structure.
- •If any provision of these terms is found unenforceable, the remaining provisions remain in full effect.
- •GoFogo reserves the right to update these terms at any time. The current version is always available at gofogo.fun/terms.
