Terms of Service for a Web3 or NFT Platform
A Web3 or NFT platform runs on transactions a company cannot reverse, wallets it never custodies, and assets that may or may not be securities. Here is what the Terms of Service needs to say about each.
Terms of service
91% Skip EULAs Before Agreeing (2026 Data)
91% of consumers agree to software terms and EULAs without reading them, and 97% of people ages 18-34 do the same, per Deloitte's Global Mobile Consumer Survey (n=2,000). See the reading-time data behind the number.
15-17 Minutes to Read Terms and Conditions: 2026 Data
It takes 15 to 17 minutes to read the average terms of service document at normal adult reading speed, but people spend just 51 seconds on it, per a peer-reviewed 2020 study (n=543). See 2026 data on reading time by industry, company, and reading speed.