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Here is a chatGPT analysis arguing that the "prestocks" offered on Jupiter are simply an 'illusory contract'. Obviously like all ChatGPT legal analysis, take with a huge grain of salt, but in this case I also agree with it
This means you are quite literally buying nothing when you buy prestocks--you certainly are not 'getting access to preIPO companies' or anything remotely like that. At most I'd say you're in a looser sense potentially 'buying' a claim to sue the issuer (i.e., the company called 'prestocks' which is issuing these) and others for fraud or breaches of various regulations, but even those claims are not completely clear and are purported to be waived by the terms of service.

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