Terms of Service
バージョン 2026-09-14.2(最終更新日:2026年9月14日)
1. Service Content
- Blave, operated by 吾集科技股份有限公司 (WuChi Technology Company Limited; Unified Business Number: 91105094), provides market data, analysis tools, Blave Agent (an AI quant agent), and Blave for Desktop, an application users install on their own computer.
2. Usage Rules
- Users must not engage in any illegal activities or misuse Blave's services.
- Blave reserves the right to modify service content and rules at any time, with announcements posted on the website.
- When these Terms change, the version and date on this page are updated.
- User-Published Content is also governed by Section 8.
3. Disclaimer
- The data and analysis provided by Blave are for reference only and do not constitute investment advice.
- Users assume all trading risks, and Blave is not responsible for any investment losses.
- Blave provides data and tools, not investment advice. WuChi Technology Company Limited is not a licensed securities investment advisory enterprise or futures advisory enterprise.
- The disclaimer above does not apply to losses caused by Blave's intentional misconduct or gross negligence.
- User-Published Content is the user's responsibility and is not reviewed by Blave (see Section 8).
4. Account & Security
- Users must ensure the security of their account information and notify us immediately of any suspicious activity.
- If an account is found to be in violation of the rules, Blave reserves the right to suspend or terminate it.
- For breaches of Section 8, Blave will in principle take down the content under Section 8.6 rather than suspend or terminate the account as a first step.
5. Service Changes & Termination
- Blave reserves the right to adjust or terminate services at any time. If paid users are affected, prior notice and appropriate solutions will be provided.
- Blave may discontinue the public sharing feature. If it does, all published content is unpublished and retained internally under Section 8.8.
6. API Usage Restrictions
The API Plan provided by this Service is strictly limited to personal use only, including academic research, personal projects, learning, and other non-commercial purposes.
You are prohibited from using the personal API Plan for any commercial purposes, including but not limited to:
- Integrating the API into any commercial products or services
- Providing API outputs directly or indirectly to third parties as part of a paid service
- Any use with the intent of generating profit
If you wish to use the API for commercial purposes, you must obtain separate commercial authorization from us — contact info@blave.org.
We reserve the right to review your API usage at any time. If any violation of the above restrictions is discovered, your API access may be terminated immediately, and legal action may be pursued.
7. Blave Agent Infrastructure & Data Access
When using Blave Agent, please be aware of the following:
- Infrastructure Access: Blave Agent runs on AWS instances managed under Blave's AWS account. As the account owner, Blave has technical capability to access your instance.
- Automatic Reporting and Updates: Your instance periodically reports strategy execution status, positions, order records, and system operating status to Blave, which are used for workspace display and anomaly notifications. Blave also automatically updates the Blave Agent software and configuration on your instance, and executes the commands triggered by your actions in the workspace.
- Maintenance Checks: To detect and resolve failures (such as a strategy that stops running, failed orders, or service anomalies), Blave's operations staff and their automated tools may inspect, on a read-only basis, the system logs, service status, scheduled task settings, strategy execution logs, and order records on your instance. Maintenance checks do not modify or delete files, and do not operate your exchange account.
- Access Requiring Your Consent: Unless you explicitly request technical support, Blave will not read your strategy code or your conversations with Blave Agent, and will not manually modify the strategies and files in your workspace.
- Strategy Code: Strategy code is stored in your workspace and is not automatically uploaded to Blave. Code is only transmitted to Blave's storage when you explicitly use the backup or strategy library upload features.
- Reports: Reports produced by Blave Agent are stored in Blave's storage so they can be shown in the workspace, and are deleted when the machine is deleted. A report you choose to publish is also saved as a separate, unchangeable snapshot, handled under Section 8.
8. User-Published Content (Public Sharing of Blave Agent Research Reports)
8.1 Definition
"User-Published Content" means a snapshot of a report that a user chooses to publish through the Blave Agent report sharing feature, viewable by anyone with the link without signing in, including its title, body, charts, data sources, and generation date. Research reports and morning, market-close, weekly, and similar reports can be published. Performance reports (which contain account assets) cannot be published.
8.2 Published by the User; Not Reviewed by Blave
(1) Each report is published only if and when the user individually chooses to publish it. User-Published Content is produced by the user's Blave Agent (an AI agent) at the user's direction. It is the user's analysis and does not represent the views of WuChi Technology Company Limited ("Blave").
(2) Blave does not review User-Published Content before publication and does not guarantee that it is accurate, complete, or lawful.
(3) Blave provides data and tools, not investment advice. WuChi Technology Company Limited is not a licensed securities investment advisory enterprise or futures advisory enterprise. User-Published Content is not a recommendation by Blave to buy or sell any security, futures contract, option, or virtual asset.
8.3 User Representations and Warranties
(1) Each time a user publishes a report or updates a published version, the user must tick to confirm the statements shown in the publish dialog and is responsible for their truth. The version shown at the time of ticking governs. The current statements, restated in the third person, are:
(i) the user has read it; it contains nothing the user does not want public, and no one else's personal data or content the user has no right to publish;
(ii) the content is the user's own views and judgment; the user is responsible for the consequences of publishing it, and Blave has not reviewed it;
(iii) the user is not affiliated with a securities or futures advisory enterprise, received no compensation for publishing it, and will not use it to solicit anyone to the user's referral code, paid strategies, or paid groups.
(2) These warranties cover only content that the user, or the user's Blave Agent acting on the user's direction, added to the report. Licensing of market data supplied by Blave is outside the scope of the user's warranties.
(3) The user agrees that Blave may keep a record of the time of each confirmation, the version of the confirmation text, and the version of these Terms in effect at that time.
8.4 Prohibited Content and Conduct
(1) Users must not publish reports that contain, or use User-Published Content for, any of the following:
(i) buy/sell timing, target prices, entry/exit prices, support/resistance levels, stop-loss/take-profit levels, or long/short directional calls for any named stock, futures contract, or virtual asset;
(ii) soliciting others to use the user's referral code, buy the user's paid strategies listed in the Strategy Library, or join paid groups, courses, or other paid services;
(iii) research that references a paid strategy listed in the Strategy Library;
(iv) other people's personal data, or information the user has no right to disclose;
(v) content that infringes copyright, trademark, or other rights;
(vi) information the user knows to be false, or information spread with the intent to affect market prices;
(vii) circumventing the system restrictions Blave has set under this Section by editing a report, splitting it into several publications, or any other means;
(viii) any other unlawful content or conduct.
(2) A user who chooses to be credited may use only their account display name, and must not add titles such as "teacher" or "analyst," organization names, or contact details to it.
8.5 License and Display
(1) To the extent the user holds rights in the content, the user grants Blave and the service providers it engages (including cloud hosting and content delivery network providers), for as long as the content remains published, a non-exclusive, royalty-free, worldwide license to store, reproduce, back up, publicly transmit, and display the snapshot of the User-Published Content on the public page and in link previews on third-party platforms.
(2) To protect users and readers, the user agrees that, when displaying the content, Blave may remove account, machine, conversation, and other identifying information; present the content in Blave's layout; and add a "Research report" label, Blave's disclaimers, and a reporting link. These changes do not alter the content's arguments or figures, and the user agrees not to assert moral rights against Blave on account of them.
(3) Once the user unpublishes the content or it is taken down, the license no longer covers public display. During the internal retention period in Section 8.8, it covers only storage and use for the purposes listed there.
(4) Publishing does not transfer any rights to Blave.
8.6 Takedown
Blave may take down User-Published Content without notice if Blave believes it may violate this Section or applicable law, or infringe the rights of others, or if a court or competent authority so requires.
8.7 Unpublishing, Updating, and Deleting Reports, Machines, or Accounts
(1) Users may unpublish at any time. Blave then stops serving the link promptly; network caches may continue to show it for a short time.
(2) Updating a published version requires the user to confirm the statements in Section 8.3 again. Later changes the Blave Agent makes to the original report do not affect a snapshot that is already published.
(3) Content is treated as unpublished in the following cases:
(i) the user deletes the original report: that report is unpublished;
(ii) the user's Blave Agent machine is deleted, whether by the user, automatically when the balance reaches zero under the billing rules, or because the user launches a new machine to replace it: all of the user's content is unpublished;
(iii) the user deletes their account: all of the user's content is unpublished.
If a machine is stopped for insufficient balance but not deleted, published content is not affected.
(4) Blave cannot recall or control content that third parties have reposted, screenshotted, or downloaded, or that third-party platforms have cached, while it was published.
8.8 Internal Retention
After content is unpublished or taken down, Blave keeps the snapshot (including earlier versions of it) and the publication record (including the user identifier, publication and unpublication times, the reason for unpublication, and confirmation records) internally for 180 days. They are used only to handle disputes and reports and to cooperate with investigations by courts or competent authorities, are not made public again, and are deleted when the period ends. If the law requires a longer period, or a dispute or investigation is still pending when the period ends, they are kept until it concludes. This Section also applies when content is unpublished because a machine or account is deleted under Section 8.7(3).
8.9 Reader Reports
(1) Anyone who believes User-Published Content may violate this Section or applicable law, or infringe the rights of others, may tell Blave through the channels listed on the site's "Contact Us" page; the "Report this content" link on each public page leads there. Blave will handle reports within a reasonable time.
(2) Personal data provided in a report is processed under Blave's Privacy Policy.
(3) A report does not necessarily lead to a takedown; Blave decides whether to take content down under this Section.
8.10 Responsibility
(1) Users are responsible under applicable law for their User-Published Content and for any damage arising from it.
(2) Readers make their own trading decisions based on User-Published Content and bear their own gains and losses. Blave is not liable for readers' losses arising from such decisions, except where caused by Blave's intentional misconduct or gross negligence.
9. Blave for Desktop
Blave for Desktop is an application you install on your own computer. When using it, please be aware of the following:
- Where It Runs: the AI agent, your strategies, backtests and order placement all run on your own computer. Blave for Desktop is currently available for Macs with Apple Silicon (arm64) and requires macOS 13.0 or later.
- What It Installs: on first run, the desktop app creates a Blave folder in your home directory, sets up a bundled Python environment inside it, and downloads the Python packages it needs from the public package index. Your strategies, records and the keys you configure live in that folder, not inside the application.
- Automatic Updates: the desktop app checks for a new version 30 seconds after launch and every 4 hours after that, and downloads a new version in the background when one is available. It never restarts itself: a downloaded update is installed when you quit the application, or when you choose to restart and update. An update is not installed while automatic trading is running, it never moves you to an earlier version, and its signature is verified before installation. An update replaces the Blave-supplied files in your workspace; any of those files you have modified are backed up first. Your strategies, your records and the keys you configured in the workspace are not affected.
- Trading With Your Own Keys: the desktop app uses the exchange API keys you configure on your own computer and places real orders under your own exchange account. You decide whether to start trading, which strategies to run and how much to allocate; trading risk and outcomes remain yours under Section 3.
- Running on Your Own Computer: automatic trading runs only while your computer is awake, Blave is open and the network is reachable. Sleep, closing the lid, shutting down or quitting Blave stops order placement; open positions stay at the exchange, and the desktop app does not close them for you. After you reopen the application, automatic trading stays paused until you start it again. Orders you have placed at the exchange yourself, such as stop orders, are unaffected by this computer.
- Third-Party AI Tools: you may choose to use Claude Code or Codex installed on your own computer. Those tools are supplied by their own providers, run under your own account with them, do not pass your conversations through Blave's servers, and are governed by your terms with that provider. If you choose to use Blave's AI instead, these Terms apply and usage is charged to your Blave credit balance.
- Cloud Machines: a Blave Agent cloud machine you start from the desktop app is governed by Section 7.
- Personal Data: how the desktop app collects and processes personal data is set out in Section 9 of the Blave Privacy Policy.
- Availability: Blave does not warrant the continuous availability of your computer, operating system, network or third-party tools; outcomes arising from an interruption of automatic trading caused by those factors are governed by Section 3.
- Software License: the Blave for Desktop software is provided under the Apache License 2.0; the third-party components bundled with it are provided under their respective licenses.