Terms of Service

What the rail is

Foinse operates a settlement rail for compute. Providers list capacity. Desks buy credits at 0.8x of provider face value. Agents spend against quota keys metered to the second. Every movement is recorded on one ledger, and every ledger line carries a grade label: live, live-attested, attested, fixture-mechanism, or fixture.

Foinse is not a bank, not a money transmitter, not a securities exchange, and not a cloud provider. Credits are claims on compute capacity. They are not currency, not securities, and not investments.

Credits

Credits are sold at 0.8x provider face value. A credit entitles the holder to spend against listed provider capacity through the rail, subject to availability and the grade of the underlying line. The FK1 rail conserves exactly: credits in equal credits out plus toll, every time. Foinse does not create credits. No credit exists on the ledger without a corresponding provider line.

Quota keys

Quota keys authorize spend against credits and are metered to the second. You are responsible for every key issued under your account and for every agent that holds one. Revoke keys you no longer control. Spend recorded against a valid key is final.

Tolls

Movement on the rail pays a toll: 5% in, 5.5% out, posted per ledger line. The toll funds the rail. The full toll terms are at toll terms and are part of this agreement.

Grades

Every ledger line is labeled with a grade: live, live-attested, attested, fixture-mechanism, or fixture. Fixture and fixture-mechanism lines are test or demonstration mechanisms, not settled production capacity, and are labeled as such. Nothing is presented on the rail without a grade. You are responsible for reading the grade before you rely on a line.

Acceptable use

Use of the rail is subject to the acceptable use policy, which is part of this agreement. Unlawful use, resale outside the rail, and abuse of quota keys are prohibited.

Accounts

You must provide accurate account information and keep credentials under your control. You are responsible for activity under your account. Foinse may suspend or terminate an account that breaches these terms, the acceptable use policy, or applicable law.

Settlement finality

A settled ledger line is final. The rail conserves exactly, so there is no reversal mechanism that would break conservation. Disputes are handled through the process described in the processing documentation, and any correction is recorded as a new line, not a rewrite of history.

Disclaimers

It is provided as is, without warranty of any kind, express or implied. See risk disclosures before committing funds.

Limitation of liability

To the maximum extent permitted by law, Foinse AI LLC is not liable for indirect, incidental, special, consequential, or punitive damages, or for lost profits, lost compute, or lost data, arising from use of the rail. Aggregate liability is limited to the tolls you paid to Foinse in the twelve months before the claim.

Governing law

These terms are governed by the laws of the State of Texas, without regard to conflict-of-laws rules. Disputes will be brought in the state or federal courts located in Texas, and you consent to their jurisdiction.

Changes

Foinse may update these terms. Material changes are posted on this page with a revised date. Continued use of the rail after a change is acceptance of the revised terms.

Contact

Questions about these terms: contact.

Last revised: 2026.