● Terms & risks · draft of 2 November 2026

The short version first.

Draft. These terms describe how the software works. A Swiss lawyer must review them before pibot.dev handles real funds or offers anything of financial value. The operator’s legal name and address are still to be added.

1. Who and what

pibot.dev (“Pibot”) is software for building programs for your own hardware: a website, an API, and an agent you run on your Raspberry Pi or other Linux device. Operator: [legal entity, address, register number: to be added].

2. Your owner key and devices

3. Apps, skills and community projects

4. Local AI

Local models can be wrong, and they can sound confident when they are. Check anything that affects safety, money, people or buildings. A model’s suggestion is never an instruction to act; machines only act through the skills and limits you configure.

5. Machine wallets and agentic payments

6. Tokens, stakes and the investment fund: current status

Nothing below is offered, sold or available. It describes a plan that is on hold until it has legal approval. Nothing on pibot.dev is investment advice or an offer of securities.

Planned featureWhy it is on hold
Stakes in mini apps with a share of rewards and voting rightsTokens that pay out profits or carry voting rights are generally treated as securities (asset tokens) by FINMA. In the EU and the US the same applies under their securities laws. Offering them needs a prospectus or an exemption, plus KYC/AML checks.
Swiss Vault token that funds a general investment fundA pooled fund is a collective investment scheme. Access limited to professional investors must follow the legal definitions. In Switzerland, a private person can only opt in as professional with about CHF 500,000 in assets plus the right knowledge, or CHF 2 million (FinSA art. 5), not “over 100k”.
Investment robots that invest on your behalfManaging other people’s money is portfolio management. In Switzerland that needs a FINMA licence (FinIA), with suitability checks for every client.
Licence tokens bought inside mini appsPossible as utility tokens (paying to use an app or device) if they carry no profit rights and aren’t marketed as an investment. This needs a legal opinion per token.

Until then, the free “Back” signal lets people show which apps and machines should be built next. It has no price, no rights and no payouts, and it can’t be transferred.

7. Assembly network

Listings for assemblers, robots, factory space and build requests come from users and are not verified. Deals are between you and the other party. The agreement checklists are general guidance, not legal advice; have contracts reviewed locally, especially in mainland China, where a Chinese-law contract and a registered counterparty matter.

8. What we store

9. No warranty

The software is provided as it is, without warranty, to the extent the law allows. Pibot isn’t liable for losses from hardware, apps, AI output, payments or listings, except where the law doesn’t allow that limit (for example gross negligence or intent). [Governing law and venue: to be added after legal review.]