Disclosures
Educational simulation
Agora is an educational simulation. Nothing here is a security, an offer, an investment product, or investment advice. All trading uses fictional dollars in your account.
No athlete ownership
No user owns any athlete, their income, or their name, image, and likeness. Tokens on this demo represent simulated units only.
High-school data is fictional
Every high-school athlete on this platform is invented. No real minor's identity, statistics, or commercial data appears anywhere.
Minor safeguards
Athletes under 18 are analytics-only: no price, no token, no trading interface - enforced in the data model, not just the UI.
College data
College athletes are real public figures shown with approximate public season statistics for demonstration.
Commercial values
All commercial and NIL figures are 0–100 indexes, never dollar valuations.
Ledger
The settlement ledger is a server-side simulation using real SHA-256 hash chaining. It is not a public blockchain deployment.
Analytics
Agora records coarse product analytics to understand how people find and use the site during launch: page views, referrers, approximate country and region from the network edge, and browser family, tied to a random first-party id. No IP addresses are stored and no precise location or personal profile is built.
Paid competition
Season Exchange is planned as a paid, season-long paper-trading contest. It is still paper trading: an entry fee funds the prize pool and operations, no securities are bought or sold, and no balance can be withdrawn. Entry, eligibility, prizes, and geographic limits require qualified legal review before any paid launch.
Attorney review
All legal, securities, COPPA, and NIL-compliance language requires qualified attorney review before any production launch.