Term of Business
www.defiforyou.uk is a secured online internet web-based domain name that provides a digitalised decentralised online intermediary and trusted conduction platform for a co-operative peer to peer trade with one another to acquire goods and financial services using the DEFI Blockchain barter platform where common goods and services are exchanged using a virtual token coupon which is valued in the major worldwide currency exchanges with an apportioned value for each currency. Our systems protect consumers and businesses from risks inherent in financial products. Our interregulated counsel regulates an ethos of ‘just and fair’ policy to its dynamic business framework as it copiously embraces the future collectively with its ever-growing popularity and people's support and conviction.
The digital platform is used by users with a double coincidence of wants ( a seller and a buyer). The Defi For You digital platform is a decentralised, open-source that allows trades to conduct themselves using digital token coupon coin as a currency of exchange as the common denominator against which all products can be measured. Users accept the token which has a varying exchange value in line with daily market valuations and fluctuations. The users accept the token as legal tender and as a medium of exchange. The token coupon qualities are that they are divisible, portable, generally acceptable, and sufficient in quantity. They serve as a unit of account ( A common denominator of which all goods and services are valued) and store of value and security. Tokens acquired today at www.defiforyou.uk can be stored in the knowledge that they can be exchanged later. Defi for you is the token treasurer and supervises and regulates the token which was nationalised in 2020. Whose functions it is to protect and maintain the stability and supply of the currency. Users are provided access to the DAPP Decentralised Application that works on android and apple devices. Intermediaries have been replaced by ’SMART’ contracts that execute rules automatically and run without downtime, fraud, control, or interference from a 3rd party. We are a program that is an easily accessed ‘Open Sourced’ program that allows other cryptocurrencies to use its currency platform that enables established and not yet established tokens to join the platform. In the same way, we use the established functionality that we enjoy.
An open global platform that identifies who are our users policy and removing uncertainty. User-controlled portable identify. Selectively reveal different attributes used to facilitate trade or interaction. By revealing the cryptographic proof that you can do what you say you can do. Knowing who you are dealing with and having recourse if things go wrong. Who are you dealing with? Reviews ratings and checkmarks are the attestations about our identifies that we use to lower uncertainty about who we are dealing with. This allows you to control a user-controlled portable Identity. Revealing the cryptographic proof that these details are correct and verified. Transparency and trust of the transfer of goods or services. Blockchain allows writing code binding contracts between individuals and guaranteeing that the contracts will bear out without a 3rd party enforcer.
This is the point where information is moved from the real world to the blockchain.
When you start the process of operating and functioning your affairs using decentralised platforms you have become responsible for all of your private logins and accessibility to your wallet that enables value actions at your will. Then it is your responsibility to keep your wallet details safe because if you lose them you cannot access your crypto wallets. So when you start make sure that you answer these questions:
Ask yourself - Have I got a back up of all my usernames and passwords in the event that I lose or damage my hardware? In the event of my death or incapacity to function then have I passed my access to funds and critical information by way of a recorded last will and testament or contractual trust. If you have not done these things then you should make them a priority. Otherwise, you are accepting the risks attached to lots of data forever in the event that you lose your access details.
The domain is hosted and functions 100% through the blockchain which is a digital ledger that is secure and cannot be altered once data is entered into it. Defi for you All running through blockchain technology that provides our user with securitised anonymity. The platform uses Smart Cybersecurity which isn’t about layers, It’s About Continuous Prevention. Advanced AI Cybersecurity. We store all user's ID in a securitised file which is held for the entire history of blockchain and is date stamped and stored in a digital safe and is only accessed in the event of criminal or terrorist activity.
Each party wishes to disclose to the other party Confidential Information in relation to the Purpose. Each party wishes to ensure that the other party maintains the confidentiality of its Confidential Information. In consideration of the benefits to the parties of the disclosure of the Confidential Information, the parties have agreed to comply with the following terms in connection with the use and disclosure of Confidential Information.
1.1 All users agree to act fairly and complete the agreed transaction in time and in line with the agreed terms to maintain and sustain humanity's economic principles of fair and balanced transactions.
1.2 Parties agree to adhere to the terms of the agreed contract
The following definitions and rules of interpretation in this clause apply in this agreement:
Any information relating to the business of the disclosing party which is not publicly available including, but not limited to, any information:
(a) specifically designated by the disclosing party as confidential;
(b) supplied to the disclosing party by any third party in relation to which a duty of confidentiality is owed or arises;
(c) which should otherwise be reasonably regarded as possessing a quality of confidence or as having a commercial value in relation to the business of the disclosing party; or
(d) that relates to the fact that discussions and negotiations are taking place concerning the Purpose and the status of those discussions and negotiations, but not including any information that:
(e) is or becomes generally available to the public other than as a result of its disclosure by the Recipient or its Representatives in breach of this agreement or of any other undertaking of confidentiality addressed to the party to whom the information relates (except that any compilation of otherwise public information in a form not publicly known shall nevertheless be treated as Confidential Information); or
(f) was lawfully in the possession of the Recipient before the information was disclosed to it by the Disclosing Party.
Disclosing Party: a party to this Agreement which discloses or makes available directly or indirectly Confidential Information.
Purpose: To disclose detailed and understandable company, and or companies, and or members information relating to trade on the defi for you platform.
Recipient: a party to this agreement which receives or obtains directly or indirectly Confidential Information.
Representative: employees, agents, officers, advisers, and other representatives of the Recipient.
2.1 The Recipient shall keep the Disclosing Party’s Information confidential and, except with the prior written consent of the Disclosing Party, shall:
(a) not use or exploit the Confidential Information in any way except for the Purpose;
(b) not disclose or make available the Confidential Information in whole or in part of any third party, except as expressly permitted or inferred by the reasonableness of the agreement;
(c) keep the Disclosing Party’s Confidential Information in a secure manner and shall ensure that no unauthorised party may gain access to the Confidential Information.
2.2 The Recipient may disclose the Disclosing Party's Confidential Information to those of its Representatives who need to know this Confidential Information for the Purpose, provided that it:
(a) informs its Representatives of the confidential nature of the Confidential Information before disclosure;
3.1 From the date of this agreement, it is expressly agreed that the identities of any individual or entity and any other third parties including, without limitation, suppliers, customers, financial sources, manufacturers and consultants and associates known by the enterprise or introduced by the enterprise, discussed and made available by the Disclosing Party in respect of the Purpose and any related business opportunity shall constitute Confidential Information and the Recipient or associated entity or individual shall not, (without the prior written consent of the Disclosing Party):
(a) directly or indirectly initiate, solicit, negotiate, contract, or enter into any business transactions, agreements or undertaking with any such third party identified or introduced by the Disclosing Party; or
(b) seek to by-pass, compete, avoid or circumvent the Disclosing Party in respect of any business opportunity that relates to the Purpose by utilising any Confidential Information or by otherwise exploiting or deriving benefit from the Confidential Information.
3.2 The Recipient covenants that any financial gain made by it, or any associated party, from a breach of clause 3.1 shall be held on trust for the benefit of the Disclosing Party and then be transferred to a nominated account of the Disclosing Party, until which time such outstanding amount shall incur interest at the rate of 4% per annum above the Bank of England’s base rate from time to time. Such interest shall accrue on a daily basis from the due date until actual payment of the overdue amount, whether before or after judgment and the Recipient shall pay the interest together with the overdue amount.
3.3 Clause 3.2 does not affect the Disclosing Party’s ability to also claim damages should the covenants in clause 3.1 be breached in any way.
4.1 Each Disclosing Party warrants that it has the right to disclose its Confidential Information to the Recipient and to authorise the Recipient to use such Confidential Information for the Purpose.
4.2 Each Recipient shall indemnify and keep fully indemnified the Disclosing Party at all times against all liabilities, costs (including legal costs on an indemnity basis), expenses, damages, and losses (including any direct, indirect or consequential losses, loss of profit, loss of reputation and all interest, penalties and other reasonable costs and expenses suffered or incurred by the Disclosing Party) arising from any breach of this agreement by the Recipient and from the actions or omissions of any Representative of the Business Consultant.
4.3 The Instructor warrants that any Marketing Materials provided by or on its behalf to Introducer are and shall be accurate in all material respects and not misleading in any material respect.
5.1 If either party decides not to become, or continue to be involved in the Purpose with the other party it shall notify the other party in writing immediately. The obligations of each party shall, notwithstanding any earlier termination of negotiations or discussions between the parties in relation to the Purpose, not include clause 3.1.
5.2 Termination of this agreement shall not affect any accrued rights or remedies to which either party is entitled. This includes Section 3, clauses 3.1 (a) and (b), 3.2, 3.3.
Except as otherwise provided in this agreement, no party may assign, sub-contract, or deal in any way with any of its rights or obligations under this agreement or any document referred to in it.
Any notice or other communication required to be given under this agreement shall be in writing, shall be delivered by email, and shall be deemed to be received at the time of successful transmission to the commonly used email address of the other party.
Nothing in this agreement is intended to or shall be deemed to, establish any partnership or joint venture between any of the parties, constitute any party the agent of another party, nor authorise any party to make or enter into any commitments for or on behalf of any other party.
A person who is not a party to this agreement shall not have any rights under or in connection with it.
10.1 This agreement and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims) shall be governed by and construed in accordance with English law.
10.2 The parties irrevocably agree that the courts of England and Wales shall have exclusive jurisdiction to settle any dispute or claim that arises out of or in connection with this agreement or its subject matter or formation (including non-contractual disputes or claims).
11.1 This Agreement constitutes the entire agreement between the parties and supersedes and extinguishes all previous agreements, promises, assurances, warranties, representations, and understandings between them, whether written or oral, relating to its subject matter.
11.2 Each party acknowledges that in entering into this Agreement it does not rely on, and shall have no remedies in respect of, any statement, representation, assurance or warranty (whether made innocently or negligently) that is not set out in this Agreement.
11.3 Nothing in this clause shall limit or exclude any liability for fraud.
12.1 No variation of this Agreement shall be effective unless it is in writing and signed by the parties (or their authorised representatives).
This Agreement to be executed as of the date written above. Each party has received a copy of this Agreement signed by all parties listed below. This agreement binds all parties, their agents, and affiliates which might not have been mentioned within this agreement but are directly involved with the potential acquisition(s) / transactions.
'Authorisations' means any necessary global permissions, consents, authorisations, owner authentication, licences and approvals (including all corporate and regulatory consents) that are from time to time required for Introducer to lawfully perform its obligations under this Agreement. Authorised shall be construed accordingly.
'Business Day' means a day other than a Saturday, Sunday, or public holiday in England when banks in London are open for business.
'Confidential Information' means all confidential and proprietary information (irrespective of the form of communication) obtained by or on behalf of, a party (the Receiving Party) from the other party (the Disclosing Party), other than information which (i) was or becomes generally available to the public other than as a result of a breach of this Agreement by the Receiving Party, (ii) was or becomes available to the Receiving Party from a source other than the Disclosing Party, provided that such source is not known by the Receiving Party to be obligated to keep such information confidential, or (iii) is independently developed by the Receiving Party without the use of any such information received under this Agreement. Confidential Information of Enterprise for this purpose will include any and all confidential and proprietary information relating to their business, including financial data, figures, business documents or information, marketing data or plans, sales figures, projections or estimates, customer lists, investor lists, tax records, personnel history, accounting procedures, compensation levels, promotions, all other similar work product, financial arrangements, the terms of any agreements or documents, the amount and nature of the capital, assets and net worth owned or controlled, the identities of any other persons or entities who participate in any investment which is made; any comments, views or opinions; and any other non-public information including details of prospective investors or other persons with whom they maintain business or professional relationships;
'Commission' means the sums calculated in accordance with Clause 11, and 11.1 in accordance with Schedule 2 particulars.
'Data Protection Law' means the General Data Protection Regulation (Regulation 2016/679), the Data Protection Act 2018, and all applicable laws, regulations, and instruments relating to the processing of Personal Data and privacy (including guidance issued by the Information Commissioner), as such laws, regulations and instruments may be amended or replaced from time to time (including, in the event of the United Kingdom leaving the European Union, pursuant to the European Union (Withdrawal) Act 2018 and/or the Data Protection Act 2018).
'Introduction' means the provision to the Instructor of the contact details of a Potential Purchaser of the Shares or any of them. Introduce, Introduces and Introduced shall be interpreted accordingly.
'Marketing Materials' means, with respect to the Shares any investor presentations and other marketing materials or other information or directions relating to the Shares provided by or on behalf of the Instructor from time to time.
'Nominee' is any natural person, corporate or unincorporated body, whether or not having separate legal entity (including their affiliates, subsidiary undertakings, parent undertaking, connected or associated entities) used or procured or introduced by the Potential Purchaser in order to purchase any of the Shares.
'Personal Data' and 'processing' bear the respective meanings given to them in the applicable Data Protection Law.
'Potential Purchaser' means a person, firm, company, or unincorporated body interested in purchasing the Shares.
'Shares' means the shares identified in Schedule 2Part A.
1.2 A reference to writing or written includes e-mail.
1.3 Any words following the terms including, include, in particular, for example or any similar expression shall be construed as illustrative and shall not limit the sense of the words, description, definition, phrase or term preceding those terms.