BnkToTheFuture ®

TERMS AND CONDITIONS OF USE OF THE BNKTOTHEFUTURE.COM ONLINE INVESTMENT PLATFORM

1. INTRODUCTION

   Please read these terms and conditions of use of the BnkToTheFuture Online Investment Platform (Terms) carefully before signing up as a user of any of the products or services (Services) offered on the www.BnkToTheFuture.com website (Website). These Terms will apply to your use of the Website as well as to any Services you use, in addition to any supplemental terms and conditions you may be required to agree to, in order to access those particular Services. The Terms constitute a binding agreement between you, as the user of the Website and any Services and each member of the BF Group (as defined below). Your use of the Website and/or any Services will confirm your acceptance of these Terms. Please note that changes may be made to the Terms from time to time to reflect changes to the Services offered, changes to applicable laws or regulations or other changes that any member of the BF Group considers desirable. Any such changes will be published on the Website and your continued use of the BF Platform shall be your consent to such changes.

2. DEFINITIONS

In these Terms, capitalised terms have the following meanings:

Account	means your user account on the BF Platform, including your User Data and Account Balance.
Account Balance	means, at the applicable time, the balance of funds credited to your Account and held by or on behalf of the BF Group or subsidiaries in one or more client accounts.
Affiliate	means, in relation to any person, any other person that directly or indirectly controls, is controlled by or is under common control with that person.
BF Global	means BF Global, a Cayman Islands exempted company with registered number 344615.
BF Group	means BF Global, the Platform Operator, the Platform Company, BTF Admin, BTF HK and any of their Affiliates from time to time.
BF Platform	means the online investment platform comprised of the Website and the Services operated by the Platform Operator.
BF Staff	means all individuals who represent the BF Group, including, but not limited to, contractors, agents, consultants, partners or other parties working on behalf of the BF Group.
BF Token (BFT)	The membership and rewards crypto tokens issued by the Platform Operator, as more fully described in the white paper at http://bf-token.BnkToTheFuture.com/pdf/whitepaper.pdf.
BF Wallet	means the digital wallet application owned and operated by BF Global.
BTF Admin	means BnkToTheFuture Admin Limited, an English company with registered number 07903799.
BTF HK	means BnkToTheFuture (HK) Limited, a Hong Kong company with registered number 2205217.
Broker Member	means a Member that is authorised to act as a broker dealer for Investor Members to facilitate their investments on the BF Platform, generally to satisfy legal and/or regulatory restrictions in an Investor Member's home jurisdiction.
Control	means the power or authority, whether exercised or not, to direct the business or management of a person, directly or indirectly, whether through the ownership of voting securities, by contract or otherwise.
Digital Wallet	means a digital profile representing a balance of Funds held, that allows the user to hold and transfer such Funds in an electronic format.
Electronic Transactions Law	means the Electronic Transactions Law (as revised) of the Cayman Islands.
Escrow Account	means one or more bank accounts and/or Digital Wallets (as applicable) that are created to hold the Funds of Investor Members during a PItch. The operation of the Escrow Account may be carried out by the Platform Company as a service for the Platform Operator. Or in the case of US Investor Members their Pitch investments will be held by PrimeTrust in a specified Escrow Account set up for a Pitch.
Funding Member	means a Member that is authorised to submit a Pitch on the BF Platform.
Funds	means any fiat currency or any non-fiat electronic currency (including, without limitation, crypto-currencies such as Bitcoin and Ethereum).
HNW Person	means a high net worth person, as defined in the SIBL.
Investment	means an indirect investment in Portfolio Company Securities offered by a Funding Member through the BF Platform, represented by Platform Company Shares.
Investment Agreement	means a standard form investment agreement available on the BF Platform, between an Investor Member and the Platform Company, setting out the terms and conditions on which the Investor Member may make a specified Investment (pursuant to a Pitch or by acquisition from another member on the Secondary Market) and the Platform Company will hold the specified Investment as its nominee.
Investor Member or Investment-Authorised Member	means a Member that has been authorised to make Investments through the BF Platform.
Member	means any person that has established an Account, whether such person is a User, Investor Member, Premium Member, Broker Member, Funding Member or any other category of Member from time to time.
Non-Disclosure Agreement	means a standard form non-disclosure agreement available on the BF Platform, between an Investor Member and the Platform Operator, setting out certain confidentiality terms and conditions that will apply to the Investor Member in relation to a specific Pitch.
Payment Gateway	means any payment method made available to Members by the BF Platform from time to time, which may include, without limitation; credit and debit card payments through third party service provider PrimeTrust.
Payment Information	means any payment data required by the BF Platform and/or any third party Payment Gateway provider to process a Member's payment through that Payment Gateway.
Pitch	means the submission of and investment opportunity in Portfolio Company Securities submitted to the BF Platform by a Funding Member.
Pitch Agreement	means a standard form pitch agreement available on the BF Platform, between a Funding Member and the Platform Operator, setting out the terms and conditions on which the Funding Member may submit a Pitch on the BF Platform.
Platform Company	means BnkToTheFuture Capital SPC, a Cayman Islands exempted segregated portfolio company with registered number 298427 and/or any of its segregated portfolios from time to time, as applicable.
Platform Company Shares	means shares in any segregated portfolio of the Platform Company that are issued to Investor Members to represent their indirect investment, through that segregated portfolio, in Portfolio Company Securities of a single issuer.
Platform Operator	means BnkToTheFuture, a Cayman Islands exempted company with registered number 296093.
Portfolio Company Securities	means any shares or other equity interests, debt securities, blockchain tokens or any other unitised representations of value that may be, or have been, invested in by Investor Members through the BF Platform.
Premium Member	means any Investor Member that, at the applicable time, holds sufficient BF Tokens in its Account to qualify for Premium Services.
Premium Services	means access to certain Services, including, without limitation, access to certain Investments, discounts and rewards, that are only made available to Premium Members from time to time.
Secondary Market	means a facility made available to Investor Members on the BF Platform to facilitate the transfer of existing Investments between Investor Members.
Services	means any products or services offered by, or obtainable from, any member of the BF Group through the Website or which are otherwise made available to Members by any member of the BF Group.
SIBL	means the Securities Investment Business Law (as revised) of the Cayman Islands.
Sophisticated Person	means a sophisticated person, as defined in the SIBL.
Terms	means these Terms and Conditions of Use of the BnkToTheFuture Investment Platform.
User	means a non-Member that accesses the Website and/or a Member that has not been authorised as an Investor Member, Broker Member or Funding Member.
User Generated Content	means any content, in any format, created and/or uploaded to the Website by a User.
Website	means the website at www.BnkToTheFuture.com and any sub-domains thereof (unless expressly excluded by their own terms and conditions).
You	means any person accessing or using the Website and or any Services and Your should be interpreted accordingly.

3. INTERPRETATION

   1. Unless the context otherwise requires in these Terms:
      1. the singular includes the plural and the masculine includes the feminine and neuter genders and vice versa;
      2. references to a person include natural persons, companies, partnerships, firms, joint ventures, associations or other bodies of persons (whether or not incorporated);
      3. writing and written includes any method of representing or reproducing words in a visible form, including in the form of an Electronic Record;
      4. a reference to shall shall be construed as imperative and a reference to may shall be construed as permissive;
      5. the term and/or is used to mean both and as well as or. The use of and/or in certain contexts in no respects qualifies or modifies the use of the terms and or or in others. Or shall not be interpreted to be exclusive, and and shall not be interpreted to require the conjunctive, in each case unless the context requires otherwise;
      6. any phrase introduced by the terms including, includes, in particular or any similar expression shall be construed as illustrative and shall not limit the sense of the words preceding those terms;
      7. headings are inserted for reference only and shall not affect construction;
      8. references to any statute or statutory provision include that statute or provision as it may have been, or may from time to time be, amended, modified, re-enacted, or replaced and include references to all by-laws, instruments, orders and regulations for the time being made thereunder or deriving validity therefrom;
      9. sections 8 and 19(3) of the Electronic Transactions Law are hereby excluded; and
      10. any reference to these Terms or to any other terms and conditions, agreement or instrument is a reference to these terms or, as the case may be, the relevant terms and conditions, agreement or instrument as may be amended, restated, supplemented, replaced or otherwise modified from time to time.

4. BF PLATFORM INTELLECTUAL PROPERTY

   1. The company name and stylised logo of BnkToTheFuture®, BnkToTheFuture.com®, BnkToTheFuture®, BnkToTheFuture.com® and BF® are registered trademarks owned by the Platform Operator. All rights to use these registered trademarks are reserved to members of the BF Group.
   2. The Platform Operator owns the copyright in all content displayed on or provided through the Website, other than third party images and descriptions licensed for use on the Website and any User Generated Content. No Website content may be copied, reproduced or revised without the prior consent of the Platform Operator. Copies of Website content may be saved and/or printed for personal use only.
   3. Any User that uploads any User Generated Content to the Website represents that it has the legal right to do so without infringing the intellectual property rights of any other person, and grants BF Group a royalty-free, unlimited duration, irrevocable licence to display and distribute such User Generated Content on the Website and to make use of the content in any manner the BF Group considers appropriate, in its absolute discretion.
   4. Members of the BF Group own and assert their intellectual property rights in the software, processes and Website content and Services that constitutes the BF Platform, except to the extent any such intellectual property rights are licensed from third party providers.

5. USE OF THE WEBSITE

   1. There is no age restriction for browsing the Website, but a natural person must be aged 18 or over to become a Member. Each User is responsible for checking any additional age restrictions that apply to them in their own jurisdiction.
   2. You shall not, and you shall ensure that no person using your Account shall submit any content to or otherwise use the Website or make use of any content or Services displayed on or provided through the Website in any manner that would infringe any patent, trademark, trade secret, copyright, right of publicity, or other intellectual property right of any other person or entity, or violate any law, regulation, court order or contract.
   3. You shall not, and you shall ensure that no person using your Account shall submit any content to the Website that:
      1. you know is false, misleading, non-factual, lacking of official proof and evidence or inaccurate;
      2. is unlawful, threatening, abusive, harassing, racist, prejudice, defamatory, libellous, deceptive, fraudulent, tortious, obscene, offensive, profane, or invasive of another's privacy;
      3. constitutes unsolicited or unauthorized advertising or promotional material or any junk mail, spam, or chain letters;
      4. contains software viruses or any other computer codes, files, or programmes that are designed or intended to disrupt, damage, limit, or interfere with the proper function of any software, hardware, or telecommunications equipment or to damage or obtain unauthorized access to any system, data, password, or other information of the Company or any third party; or
      5. impersonates any person or entity, including any BF Staff member.
   4. You may only use the content or Services displayed on or provided through the Website for your own personal, non-commercial purposes, unless you are a Funding Member (in which case you may submit Pitches in accordance with these Terms and a Pitch Agreement) or a Broker Member (in which case you may act as a broker for Investor Members in accordance with these Terms).
   5. You shall not take any action that imposes or may impose (as determined by the Platform Operator in its sole discretion) an unreasonable or disproportionately large load on the BF Platform's infrastructure; interfere or attempt to interfere with the proper working of the Website or any Services; bypass any measures used to prevent or restrict access to any part of the Website or any Services (or other accounts, computer systems, or networks connected to the Website); attempt to or actually override any security component included in or underlying the Website; run mail list, list serv, or any form of auto-responder or "spam" on the Service; use manual or automated software, devices, or other processes to access, "scrape", "crawl" or "spider" any page of the Website or any Services provided on or through the Website; or perform any activities through the Website that are not expressly permitted by the Platform Operator and/or these Terms.
   6. You shall not directly or indirectly decipher, decompile, disassemble, reverse engineer, or otherwise attempt to derive any source code or underlying ideas or algorithms of any part of the Website or any Services, except to the limited extent applicable laws specifically prohibit such restriction; modify, translate, or otherwise create derivative works of any part of the Website or any Services; or copy, rent, lease, distribute, or otherwise transfer any of the rights that you receive hereunder.
   7. You shall not engage in "framing", "mirroring" or otherwise simulating the Website; and you shall not use any manual or automatic mechanism for monitoring any activity conducted on or through the Website for any purpose, unless expressly permitted by the Platform Operator and/or these Terms.
   8. The Platform Operator does not guarantee the availability of the Website or any Services or that any User Generated Content will be made available on the Website. The Platform Operator reserves the right, at any time, for any reason, and without notice to: (i) cancel, reject, interrupt, remove, or suspend any Pitch; (ii) remove, edit, or modify any content, including, but not limited to, any User Generated Content; and/or (iii) remove or block any User Generated Content.
   9. The BF Group is not responsible for, does not endorse and makes no representation whatsoever as to the truth, accuracy, correctness or otherwise of any User Generated Content.
   10. The inclusion of a link to another website on the Website does not imply any endorsement or control of such website. Unless expressly stated, no websites linked to the Website are under the control of the BF Group. Accordingly, the BF Group assumes no responsibility for the content of any such websites and disclaims liability for any and all forms of loss or damage arising out of the use of them.
   11. While the Platform Operator takes reasonable steps to ensure that the Services correspond with their descriptions on the Website, it takes no responsibility for any variation between such descriptions and the actual Services provided.

6. NO INVESTMENT ADVICE

   1. The Platform Operator is registered with the Cayman Islands Monetary Authority as an arranger of deals in securities (as defined in SIBL). The BF Platform operated by the Platform Operator is designed to bring together businesses seeking investment finance with investors looking to invest in such businesses. Investor Members are required to make their own assessment of any investment opportunity presented to them on the BF Platform. Neither the Platform Operator nor any other member of the BF Group should be regarded as advising on the suitability of any investment opportunity presented on the BF Platform and, in particular, the presentation of an investment opportunity on the BF Platform should not be regarded as an implied recommendation of such opportunity by any member of the BF Group to Investor Members or any other person.

7. INVESTMENT RISK WARNING

   1. Investments through the BF Platform are speculative and are only available to sophisticated and high net worth investors as defined under Cayman Islands law. You should not make any Investment through the BF Platform if you are not able to bear the loss of your entire Investment.

8. USE OF COMMUNICATION FACILITIES

   1. When submitting any content or making any other communication through the BF Platform or any communications system provided on the BF Platform you must:
      1. not use obscene, offensive, racist, sexist, antisocial and vulgar language;
      2. not behave in a manner that may cause offense to other Users/Members and BF Staff, or behave in an antisocial way such as - online "trolling" or harassing;
      3. refrain from abusive, offensive or threatening behaviour towards other Users/Members and BF Staff;
      4. not submit any content that is unlawful or otherwise objectionable. This includes but is not limited to content that is abusive, offensive, threatening, harassing, prejudice, defamatory, attack on religious beliefs, ageist, sexist, or racist;
      5. not submit any content that is intended to promote or incite hate and/or violence;
      6. not submit any content, express opinions, ideas or beliefs without hard official proof of evidence or without legal validation that may discredit, mislead, or cause loss and harm in any way including, but not limited to, financial or personal loss and harm to any person's reputation;
      7. make all submissions or enquiries in the English language;
      8. only identify yourself by means which do not violate these Terms or any applicable law or regulation;
      9. not impersonate other people, particularly BF Staff;
      10. not use the BF Platform for unauthorised mass-communication such as “spam” or “junk mail”; and
      11. not refer to, intervene in, interfere with or intercept information relating to any ongoing investigation, litigation or dispute carried out by or involving the BF Group. Any dispute and/or litigation shall be strictly between the BF Group and the individual User and shall be kept strictly private and confidential. Any User that breaches this obligation will be liable for any direct or indirect loss or damage to any member of the BF Group, whether financial, reputational or otherwise, together with any costs of recovery from such User.
   2. You acknowledge that the Platform Operator reserves the right to record, monitor and retain copies of any and all communications made through the BF Platform.
   3. You agree that the Platform Operator may communicate with you through your Account or through other means including but not limited to email, mobile devices, smartphone devices and other digital electronic devices, telephone, or delivery services such as courier services and postal services; and that the Platform Operator may contact you to discuss your Account, the BF Platform or any Services. Please review the settings on your Account to control what kind of messages you receive from the BF Platform. You acknowledge and agree that the BF Group accepts no liability associated with or arising from your failure to maintain accurate contact details or other information on your Account, including, but not limited to, your failure to receive critical information about any Services.
   4. The BF Platform offers various forums such as "Questions and Answers" and "Network Updates", where you can post your observations and comments on designated topics and Pitches. The BF Platform also enables sharing of information by allowing Users/Members to post updates, including links to news articles and other information such as other pitches, due diligence, product recommendations, and other content to their profile and other parts of the Website, such as "Company Pages".
   5. Any questions, feedback, suggestions, comments, inquiry and or requests you post on the "Questions & Answers" section of the Website in relation to any Pitch, must not contain any false or unfounded accusation and must not intend to cause harm, damage or loss to the Funding Member that has submitted the Pitch. In the case of criticism, you may provide constructive criticism only without use of vulgar or abusive language, you will avoid criticism that may cause the Funding Member embarrassment, loss, damage or harm, or negatively affect the reputation of its Pitch, unless the criticism is justified and backed by hard or digital evidence to be legally truthful and accurate. Any information, comment and opinion you wish to express or disclose publicly in relation to a Pitch must be backed verifiable evidence or information. Any information disclosed must be factually accurate and truthful, and must not constitute defamation or a disclosure of private and confidential information.
   6. Funding Members that submit a Pitch can create "Company Pages" for free, however, the Platform Operator may close or transfer any "Company Pages", or remove any content, including any Pitch, from the Website at any time without prior notification if the content violates any of these Terms, any third party's intellectual property rights or any other law, regulation, court order or contract.
   7. Please note that ideas you post, due diligence and information you share may be seen and used by other Users/Members, and the BF Group cannot guarantee that other Users/Members will not use the ideas, due diligence and information that you disclose and share on the BF Platform. Therefore, if you have an idea or information that you would like to keep confidential and or don’t want others to use, or may be subject to infringement of third party rights due to you sharing it, do not post it anywhere on the Website. The BF Group is not responsible for any User’s misuse or misappropriation of any content or information you post on any part of the Website.
   8. You are solely responsible for your interactions with other Users/Members and BF Staff. Without any prior notification to you, the Platform Operator may in certain circumstances, prohibit, block or restrict your use of the Website or any Services and/or your communications with other Users/Members through the BF Platform. The Platform Operator reserves the right, but has no obligation, to monitor disputes between you and other Users/Members and to restrict, suspend, or close your Account at any time for any or no reason.
   9. You agree that any translation of these Terms or any other documentation relating to the BF Platform, provided to you by the Platform Operator, is for your convenience only and that the English language versions of these Terms and any such other documentation shall prevail in the event of any inconsistency.
   10. You acknowledge and agree that any communications and information you submit to the BF Platform or through any communication system provided on the BF Platform, such as posting comments and opinions on any Website forum, may be removed or modified in any way by the Platform Operator, without any prior notification, for any reason and without having to provide a reason to you, and you hereby waive your moral right to be identified as the author of such information. Any restrictions you may wish to place upon our use of your communications and information must be communicated to us in advance, yet we reserve the right to reject such terms and associated information.
   11. You acknowledge and agree that any ideas, suggestions, documents, or proposals you submit to the BF Platform through its comment, suggestion or feedback webpages, do not constitute your confidential or proprietary information; and that the BF Group is under no obligation of confidentiality, express or implied, with respect to any such submission, shall be entitled to use or disclose any such submission for any purpose, in any way, in any media worldwide. You irrevocably assign to the BF Group all rights in and to any intellectual property contained in any such submission, and acknowledge that you are not entitled to any compensation or reimbursement of any kind from the BF Group in respect thereof.

9. MEMBERSHIP

   1. All Users must first open an Account on the BF Platform to become a Member. Members are only permitted to open one Account on the BF Platform. If, upon investigation, it is discovered that a Member has attempted to open two Accounts then it is in the entire discretion of BF to terminate the duplicate account created by the Member or to consolidate the same. Creation of more than one Account by a Member is a breach of these terms and could result in all Accounts of the Member concerned being closed. Membership gives a User access to certain Services and rewards as set out in Clause 11, but a Member cannot make Investments on the BF Platform until it becomes an Investor Member.
   2. To become an Investor Member, a Member must also complete the BF Platform's customer due diligence (CDD) process, which is required for the BF Group to comply with its obligations under applicable anti-money laundering, counter-terrorist financing, anti-proliferation financing, anti-bribery and sanctions (collectively AML) laws, rules and regulations. The CDD process for Investor Members involves the Member providing such verification of its identity and source of funds/wealth as the Platform Operator may require, and an Investor Member will be required to update and/or supplement any such CDD periodically, at such intervals as the Platform Operator considers necessary or reasonable to comply with the BF Group's AML obligations. An Investor Member must also verify that it is a HNW Person or a Sophisticated Person, and, if applicable, that it falls within a specific category of professional investor within its jurisdiction. The specific verification requirements from time to time will be displayed in the verification section of your Account. In the Platform Operator's discretion, a Member may be granted Investor Member access to the BF Platform prior to completing the CDD process, but that process must be completed prior to the Investor Member making its first Investment. It is each Investor Member's responsibility to update its CDD information provided to the Platform Operator if any of the details contained therein become out of date.
   3. To become a Premium Member, an Investor Member must hold the minimum amount of BF Tokens as set out in Clause 11 and/or specified on the Website from time to time to unlock Premium Services.
   4. Broker Members are admitted to the BF Platform by separate agreement with the Platform Operator. They are authorised to act as brokers on behalf of Investor Members in certain jurisdictions where local securities regulations prevent those Investor Members making Investments on their own behalf. Where a Member is resident in an applicable jurisdiction the details of the services of the relevant Broker Member will be displayed, as such, the Platform Operator will share data about relevant Investor Members to the Broker Member. An Investor Member that invests through a Broker Member will access Services through the Website as if it were investing directly, but the Broker Member will review and assess whether the Investor Member meets the local requirements to be able to invest. Investor Members may receive communications from Broker Members regarding their due diligence provided and the Broker Member may request additional documentation or information in order to assure it that the Investor Member meets the investment qualification requirements. An Investor Member should endeavour to cooperate with the Broker Member in order to complete the due diligence necessary. At no point will a Broker Member request an Investor Member to make a transfer to it; all financial transactions are done through the Platform Operator and, where relevant, with the Escrow Agent.
   5. To become a Funding Member and submit a Pitch on the BF Platform, a User must open an Account, submit certain information relating to the Pitch, and complete the BF Platform's CDD process. The CDD process for Funding Members and their proposed Pitches, includes verifying the identity of the individual Funding Member and due diligence on the entity offering Portfolio Company Securities. Successful applicants must also enter into a separate Pitch Agreement with the Platform Operator.
   6. In certain circumstances, the Platform Operator (or third party service providers acting on its behalf) will accept self-certifications from Members in relation to their investor status for regulatory purposes, in lieu of full third party certification of such status that may be required by the laws and regulations applicable to other Members. Where self-certification is accepted, the Member submitting the self-certification will be deemed to represent and warrant to each member of the BF Group that all information contained in the self-certification is true, accurate and correct and that no information is omitted that would result in such information being misleading in any way.
   7. You acknowledge and consent to the sharing of your personal data with third party service providers for purposes of screening Members for purposes of legal and regulatory compliance, including, but not limited to, compliance with applicable international and/or national sanctions, and AML compliance. This verification work may be conducted on an ongoing basis. Due to regulatory requirements, the Platform Operator may request additional due diligence from Investor Members from time-to-time which includes matters such as source of funds, proof of address and residency, questionnaires to determine risk. Such requests may be made at any time whilst the Investor Member has an Account with the BF Platform and are an obligation to be undertaken by the BF Platform. Under no circumstances does the Platform Operator accept any liability for any delays that result from imposing due diligence requirements during or after the onboarding process with an Investor Members. Investor Members agree to cooperate in a timely manner regarding the provision of due diligence information.
   8. The BF Platform is provided on an as is basis. At times the BF Platform may experience a high demand which results in congestion of the customer support desk. This may result in a delay in the delivery of support to Investor Members. The Platform Operator endeavours to address enquiries within a reasonable period however does not accept liability for any losses, indirect or otherwise, that results from an Investor Member suffering a loss due to a delay in customer support.
   9. No person who is a direct or indirect competitor of the BF Platform (or any Affiliate of such person) may be a Member and any use of the Website to obtain information or content for any competitive purpose will be a breach of these Terms.

10. PITCHES AND INVESTMENTS

    1. All Members can access general but limited investment information on the BF Platform, but only Investor Members are able to access the full investment section, including the "Pitch Summary" page of the Website and make Investments. Clicking on any Pitch Summary will reveal additional information about the Pitch on its "Pitch Detail" page of the Website. The Pitch will include responses to questions posed by the BF Platform as well as files such as business plans, financial forecasts, slide decks, articles of association, video pitch and any shareholder agreements submitted by the relevant Funding Member. The Pitch will also include information on how much finance the business is seeking, what percentage of its equity it is offering (where applicable) and how long the Pitch will stay active (meaning for how long Investments will be accepted). The detailed Pitch is the information upon which Investor Members make an investment decision with respect to a proposed Investment.
    2. The Platform Operator has reviewed every Pitch published on the Website and taken reasonable steps to check that the information in the Pitch is fair, clear and not misleading. While the Platform Operator takes reasonable care in its review of any evidence provided for factual statements made in any Pitch, it does not audit or endorse it and will not be liable for any failure to identify forged or altered evidence or information or deliberately misleading or inaccurate statements made in any Pitch (except where such failure is the result of its gross negligence). As a result, each Investor Member will be solely responsible for performing its own due diligence on any Pitch, which can be facilitated by joining the "Pitch Investor Zone" on the Website. You should further note that the Platform Operator's approval of a Pitch for publication on the Website, does not constitute its endorsement of any aspirational statements, or statements of opinions or belief made in the Pitch by the entrepreneurs who have submitted it.
    3. The Platform Operator does not provide investment advice. Its approval of a Pitch for publication on the Website does not imply any recommendation by the Platform Operator of the proposed Investment contained in the Pitch. The BF Group will not be liable for any investment losses incurred by an Investor Member that makes an Investment based on the information contained in a Pitch. Investor Members should recognise that all Investments made on the BF Platform are speculative and no Investor Member should make an Investment unless it is prepared to bear the loss of the entire amount invested.
    4. Pitches are made available on the BF Platform for the sole purpose of Investor Members evaluating the Investments proposed therein. Any confidential information contained in a Pitch must be kept confidential and not used for any other purpose, in accordance with the terms of the Non-Disclosure Agreement Investor Members must agree to prior to viewing any Pitch.
    5. An Investor Member must enter into an Investment Agreement and provide its Payment Information at the time it pledges Funds to an Investment pursuant to a Pitch or deposits Funds into its Account for Secondary Market purchases. Payments may be made via any Payment Gateway and will be held in an Escrow Account. Where Funds are submitted for Investment pursuant to a Pitch, they will be held in an Escrow Account for the duration of the applicable funding period and then returned (if the funding goal is not reached) or released to the Platform Company to make the Investment in accordance with the terms of the Investment Agreement. Where Funds are deposited for the purpose of Secondary Market purchases, they will be held in an Escrow Account until applied to a purchase or a withdrawal is requested.
    6. Funding Members cannot cancel their Pitch while it is live on the BF Platform, but the Pitch can be cancelled at the end of its funding period. If a Pitch is cancelled, all Investor Members that have pledge Funds will have those Funds returned.
    7. Upon an Investment being funded through the BF Platform, the Funding Member responsible for the applicable Pitch shall be responsible for ensuring that the investment interests offered pursuant to the Pitch are issued to the Platform Company, as nominee for the investing Investor Members. No member of the BF Group shall be responsible for any losses resulting from a Funding Member's failure to do so, in the absence of any fraud, wilful misconduct or gross negligence on the part of such BF Group member.
    8. The Platform Operator accepts no responsibility for any failure by an Investor Member to successfully make a specific Investment as a result of any incorrect or incomplete Payment Information submitted by the Investor Member or any non-receipt of pledged Funds into an Escrow Account during the applicable funding period (for example, where Funds are sent by bank wire transfer and do not arrive in time). Any Funds pledge pursuant to a Pitch that arrive in an Escrow Account after the end of the applicable funding period will be returned. No interest will be payable on any amounts held in an Escrow Account and any interest that accrues will be retained for the benefit of the Platform Operator.
    9. Any transaction fees payable to a third party provider of a Payment Gateway when Funds are paid into an Escrow Account, returned or withdrawn from an Escrow Account will be payable in addition to the amount of any pledged Investment or deducted from any amount returned or withdrawn, as applicable.
    10. The Platform Operator may charge withdrawal fees on any withdrawal by an Investor Member from its Account at the rate published on the Website from time to time.
    11. A Funding Member that submits a Pitch shall be entitled to reject a proposed Investment by any Investor Member, for any reason or no reason. If a Funding Member rejects an Investor Member's proposed Investment, any pledged Funds submitted by the Investor Member to an Escrow Account in respect of the proposed Investment shall be returned.
    12. Any Funds that are to be returned to an Investor Member from an Escrow Account may, at the Investor Member's request be retained in an Escrow Account. Any Funds so retained will be subject to any applicable withdrawal charge, if later withdrawn.
    13. Any Funds paid into an Escrow Account by an Investor Member by bank wire transfer and subsequently returned or withdrawn, will be repaid to the same bank account from which they were originally sent.
    14. Funding Members should not take any action in anticipation of an Investment being funded through the BF Platform prior to receiving subscription Funds from the Platform Company for the investment interests offered pursuant to the applicable Pitch. No member of the BF Group will be liable to a Funding Member for any losses incurred by a Funding Member in anticipation of funding from a Pitch that does not result in an Investment though the BF Platform.

11. BF TOKEN REWARDS AND LOYALTY PROGRAM

    1. Members will be entitled to receive BF Tokens as rewards (BF Token Rewards) for providing specific services to the Platform (in accordance with offers published from time to time on the Website, to which these Terms will apply) or, in the case of Premium, Premium+ and Premium+ Partners Members, for making qualifying Investments.
    2. Membership gives a User access to reward tiers based on the completion of CDD process, as set out in the table below:

       Account Creation Stage	Verifying using BF ID	Self Certifying using BF ID	Fully Certifying using BF ID
       BF Tokens Reward Amount	1,000	1,000	1,000

    3. Members that successfully complete every step of the CDD process will be provided with an extra bonus of 2,000 BF Tokens.
    4. Members are categorised into rewards tiers based on the number of BF Tokens they hold in their Account or linked BF Wallet, as set out in the table below:

       Membership Type Rewards	BF Member	BF Premium Member	BF Premium+ Member	BF Premium+ Partner (coming soon)
       Minimum no. of BF Tokens to be staked on BF account or linked BF Wallet.	0	10,000	100,000	1,000,000
       BF Tokens Reward for verifying & certifying on BF Identity (BF ID)	Yes	Yes	Yes	Coming soon
       48 hours Priority Access Deals (PAD)	No	Yes	Yes	Coming soon
       50% Discounted Trading fee on BF Secondary Market when paid with BF Tokens	No	Yes	Yes	Coming soon
       BF Tokens Reward of 1,000 BF Tokens for every $1,000 invested on BF Primary Markets.	No	No	Yes	Coming soon

    5. A Premium+ Member will qualify to receive BF Token Rewards if it: (a) holds at least 100,000 BF Tokens in the funds section of its Account and/or linked BF Wallet; (b) invests at least US$1,000 in an Investment (other than a Secondary Market transaction); and (iii) payment is not made by credit or debit card.
    6. Any Member that receives BF Token Rewards may only withdraw any such BF Tokens from its Account if it has made at least one qualifying Investment on the BF Platform.
    7. In the event that a Premium+ Member receives BF Token Rewards in connection with an Investment that is subsequently refunded, whether by repurchase of the Platform Company Shares issued in connection with the Investment, or otherwise, the Premium+ Member's receipt of the refund will be conditional upon its surrender of such BF Token Rewards.
    8. Members hereby acknowledge and agree that:
       1. BF Tokens Reward will be deposited in an Investor’s Account only after the share certificates have been issued and the Pitch has been closed.
       2. There is no BF Tokens Reward for making any investments through Card Payments.
       3. In case of any refunds, the Investor needs to return the BF Tokens received as a reward for the refund to be complete.
       4. The BF Tokens collected as a reward can only be withdrawn after an investor has made at least one (1) investment on the BF platform.
       5. If a BF Premium Member makes an investment between US$1,000 to US$1,999 the BF Tokens Reward would be 1,000BFT, for investments between US$2,000 to US$2,999 the BF Tokens Reward will be 2,000BFT and so on. I.e. 1,000BFT reward for every US$1,000 Invested.
       6. Investing means investing in BF Platform’s primary offerings only.
       7. The BF Group reserves the right to change the terms of the rewards program at any time due to changing market conditions, risk of fraud, or any other factors we deem relevant.
    9. Notwithstanding the provision of this Clause 11, BF Group reserves the right to unilaterally amend the terms applicable to the issue of BF Token Rewards at any time and for any reason.

12. SERVICES

    1. Where applicable, a Service will only be provided once full payment for the Service has been cleared and received, except as otherwise stated in its specific terms and conditions.
    2. All Services are provided pursuant to these Terms and the specific terms and conditions pertaining to the Service.
    3. The Platform Operator makes no representations with respect to any Service, but will exercise reasonable skill and care in the provision of any Service.
    4. If a Service is provided that does not match the Service you have paid for (subject to any reasonable alterations or modifications to such Service that the Platform Operator may implement from time to time), you should contact the Platform Operator within 7 days of purchase. If the Platform Operator does not provide you with the Service you requested within 30 days of such notification, you will be entitled to a refund of the amount paid.

13. LIMITATION OF LIABILITY

    1. To the maximum extent permitted by law, the BF Group accepts no liability for any direct or indirect loss or damage, infringements of third party intellectual property rights and/or other rights, foreseeable or otherwise, including but not limited to any indirect, consequential, special or exemplary damages arising from the use of the Website or any information contained therein by any person. Users should be aware that they use the Website and its content at their own risk. You agree indemnify and hold harmless each member of the BF Group against all damages, losses, costs and fees, including, but not limited to, reasonable legal fees and costs related to all third party claims, charges, and investigations, caused by your failure to comply with these Terms, including, without limitation, your submission of any content that violates third party rights or applicable laws or regulations, and any other activity in which you engage on or through the BF Platform.
    2. No member of the BF Group shall be liable for any damages (including any special, incidental, indirect, punitive or consequential damages) or loss of use, profit, revenue or data to you or any third person arising from your use of any Services, or any platform applications, content or other materials accessed through or downloaded from the BF Platform. This limitation of liability is part of the basis of the bargain between the parties and without it the terms and prices charged would be different. This limitation of liability shall apply to any claim, whether in equity, contract, tort, statute or otherwise; but may be varied in respect of specific Premium Services that are expressly made subject to a different limitation of liability in their applicable terms and conditions.
    3. No member of the BF Group provides business, legal, financial, tax or other advice with respect to any Investment made through the BF Platform or any other Services provided on or through the Website. All training provided on or through the Website is for your information, reference, support and guidance only (even when such training contains guidance on legal, tax or other similar issues), and should not be regarded as constituting advice, other than technical advice on your use of the Website. You will be solely responsible for any investment decision you make in relation to an Investment through the BF Platform and accordingly, if you require advice, you should seek advice from appropriately qualified professional advisors.
    4. No member of the BF Group shall be liable for any loss you incur as a result of another person gaining access to your Account with or without your consent, unless such access results from the fraud or wilful misconduct of the BF Group or any BF Staff member.
    5. Where any limitation of liability in these Terms exceeds the legally permitted limitations in any applicable jurisdiction, the foregoing limitations shall be deemed amended as necessary so that they only operate to limit the liability of the BF Group to the maximum extent permitted by the laws of such jurisdiction. No member of the BF Group shall have any obligation to take any legal action on behalf of Members on the BF Platform against the SPC or any Investee Entities. If BF or related party decides to proceed with legal action against an Investee Entity such action will be at its discretion and costs shall be borne by the Members interested in pursuing such action. BF is under no obligation to seek mediation or dispute resolution or negotiations or settlements with Investee Entities acting on behalf of Members.

14. FUNDING ACCOUNT AND USD*

    1. For US Investors no pre-funding of an Account is possible and all transactions are with the Escrow Account regarding any investment made into a PItch. For non-US Investor Members they are able to pre-fund their Account. Different funding methods are provided to non-US Investor Members. These funding methods may change from time-to-time and the Platform Operator is under no obligation to continue to offer a particular funding method.
    2. Investor Members are offered the ability to fund their account by transferring funds in the currency of their choice to the bank account designated by the Platform Operator. Funds not sent in US Dollars will be converted by the bank or financial institution of the Platform Operator. All Investor Members agree to the exchange rates set by the bank at the time of transaction.
    3. Balances on the BF Platform. Investor Members will have a balance displayed on the BF Platform in “USD*”. The Platform Operator, at its discretion, converts part or all of fiat currencies received into stablecoins. Details about the stablecoins that BF Platform uses can be found on the relevant sections of the BF Platform. All Investor Members should understand the risks associated with stablecoins. Those risks include but are not limited to: the issuer of a stablecoin not having sufficient reserves to satisfy the redemption of a stablecoin, the stablecoin technology suffering a technical fault or being ‘hacked’. Investor Members agree and acknowledge those risks when using BF Platform. In the event that the stablecoins held by BF Platform are subject to a technical or liquidity issue as described above (Stablecoin Loss Event) then it is likely that this will affect the balances of USD* held by the Platform Operator for Investor Members. It is likely that the price of the stablecoin in question will drop and will result in the value of the stablecoin losing its ‘peg’ to USD. If the BF Platform is holding such stablecoins then this will reduce the amount of US Dollar value backing the Accounts of Investor Members. In such circumstances the BF Platform will impose a reduction of the Account balances to adjust to the underlying Stablecoin Loss Event. The Platform Operator retains the right to, in the event of a Stablecoin Loss Event, freeze deposits, withdrawals on the BF Platform to undertake an audit of the statement of accounts and calculation of the impairment of the stablecoin assets while any adjustment is taking place. The Platform Operator disclaims any liability to the greatest extent permissible under the law for the consequences associated with Stablecoin Loss Event that affects the balances on the BF Platform. All Investor Members know and understand the risks associated with stablecoins and proceed with full knowledge and acceptance of the adjustment procedure required in the event of a Stablecoin Loss Event.
    4. In the event that an Investor Member requests a withdrawal from the BF Platform the Investor Member may request the withdrawal in the supported stablecoins on the BF Platform for withdrawal or alternatively in US Dollars. If a fiat withdrawal is requested then the Investor Member will be charged a withdrawal fee as displayed on the BF Platform.

15. CRYPTOCURRENCIES AND CRYPTOGRAPHIC TOKENS

    1. Cryptocurrency is a medium of exchange like traditional fiat currencies, using cryptography to secure the transactions and to control the creation of new units. Cryptocurrency is electricity converted into lines of code with monetary value. In the simplest form Cryptocurrency is digital currency. Bitcoin became the first decentralized cryptocurrency in 2009, and since then numerous cryptocurrencies have been created.
    2. The Platform Operator does not guarantee the value of any cryptocurrency. The value of a cryptocurrency can rapidly increase or decrease at any time. You acknowledge that the price or value of a cryptocurrency may fluctuate and that the conversion rate for converting local fiat currency into cryptocurrency (Conversion Rate) may not be the same Conversion Rate that applies when converting cryptocurrency into local fiat currency. You will always be shown the applicable Conversion Rate for a transaction on the BF Platform prior to consummating the transaction.
    3. You agree to deliver cryptocurrency with a present value equal to your funding commitment, where you have agreed to pay in cryptocurrency, regardless of changes in the Conversion Rate between the time of the commitment and the time of funding. The Services do not involve any extension of credit to you, and no credit is extended to you in connection with your use of the Services. In the event you are entitled to a refund, you will be refunded the same amount of cryptocurrency originally paid, except on pitches where funds are hedged to another currency as may happen in which case the refund will occur in the hedged currency, and the Platform Operator shall have no liability for any losses resulting from a change in the Conversion Rate since that time. No member of the BF Group is responsible for any losses due to any failure or delay in processing any cryptocurrency payment.
    4. A virtual currency network is a network of computers operated by individuals or entities known as miners, who voluntarily participate in the process of confirming transactions on the network. These computers (known as "mining rigs") compile a list or block of pending transactions, verify that each transaction in the block is valid and does not involve an attempt to double-spend coins, and attempt to complete a mathematical algorithm that determines whether the block may be added to the public ledger of confirmed blocks, called the blockchain. Typically, miners receive: (i) an amount of virtual currency as a reward for any confirmed transaction, generated automatically via the virtual currency mining protocol; and (ii) any fees voluntarily included within the block by the individuals who initiated the proposed transaction (miners fees). Since miners verify virtual currency transactions on a voluntary basis, it is customary to include a miners fee to provide an incentive to the miners to add a proposed transaction to the next block for confirmation via the virtual currency network. Any miners fees incurred in connection with contributions to or returns or withdrawals from an Investor Member's Account, will be borne by the Investor Member.

16. CARD PAYMENTS AND BANK TRANSFERS

    1. The BnkToTheFuture platform works with PrimeTrust to provide you with online card payment services. Payments made by card by Investor Members are processed by PrimeTrust. By using card payment as a method of payment you agree to the terms of PrimeTrust including their terms relating to transaction fees and refunds. For information regarding PrimeTrust terms and conditions contact BF Support.
    2. You agree to the sharing of your personal data between the Platform Operator (BnkToTheFuture) and PrimeTrust in connection with your use of the PrimeTrust Payment Gateway and your use of any Services. If you are resident in the European Union, you hereby agree to any of your personal data held by BF being sent outside the European Union for the aforementioned purposes. Further information on the BF Group's use of your personal data is set out in our Privacy Policy, published on the Website.

17. DATA PROTECTION PROCEDURES

    1. All BF Staff members are required to comply with the procedures set out in our Data Protection Procedures Policy, which is published on the Website.
    2. The BF Group (and third parties acting on its behalf) will use your information for the legitimate purposes of:
       1. understanding and meeting your needs and preferences in using the Services;
       2. developing new Services and enhance existing Services;
       3. manage and develop its business and operations;
       4. carrying out any purposes for which you have given your consent; and meeting legal and regulatory requirements.
    3. The BF Group also reserves the right to use aggregated personal data to understand how Users use the Services, provided that no individual can be identified from such data.
    4. The BF Group uses Google Analytics, which is a web analytics tool to help understand how Users engage with the Website. Like many services, Google Analytics uses first-party cookies to track user interactions, as with the BF Platform, where they are used to track information about how Users use the BF Wallet. This information is used to compile reports and help the Platform Operator improve the Website. The reports disclose BF Wallet trends without identifying individual visitors. You can opt out of Google Analytics without it affecting your use of the Website. For more information on opting out of being tracked by Google Analytics across all websites you use, visit https://tools.google.com/dlpage/gaoptout.
    5. The BF Group also use Firebase and Crashlytics, a tool that assists in the collection of anonymous data.
    6. The BF Group will process your personal data legally and fairly and not use it outside the purposes stated in these Terms or on the Website. The BF Group will use its reasonable endeavours to ensure that all your personal data it holds is accurate and up to date.

18. TAXES

    1. You are reminded that it is your responsibility, and not the responsibility of any BF Group member, to pay any taxes due and make any required tax filings in any jurisdiction where you are tax resident, in respect of any Investment income or gains. It is also your responsibility, and not the responsibility of any BF Group member, to reclaim any tax withheld in respect of any Investment income or gains, where you are entitled to do so, and to claim any other type of tax relief to which you may be entitled in respect of any Investment income or gains.

19. TERMINATION

    1. Your Account may be terminated by the Platform Operator at any time, in which case: (i) any balance of your Account, including any amount held in an Escrow Account, will be returned to you without any deduction of withdrawal fees, but after deduction of any other amounts owed by you to any member of the BF Group; and (ii) any underlying securities held by the Platform Company in respect of your Investments will be distributed to you in accordance with the applicable Investment Agreement(s) and, to the extent any such distribution is not possible, will continue to be held by the Platform Company on the terms of the applicable Investment Agreement(s) and these Terms.
    2. You may terminate your account at any time, in which case: (i) any balance of your Account, including any amount held in an Escrow Account, will be returned to you after deduction of withdrawal fees and any other amounts owed by you to any member of the BF Group; and (ii) any underlying securities held by the Platform Company in respect of your Investments will, to the extent possible, be distributed to you in accordance with the applicable Investment Agreement(s) and, to the extent any such distribution is not possible, will continue to be held by the Platform Company on the terms of the applicable Investment Agreement(s) and these Terms.

20. NO WAIVER

    1. No failure to exercise any right or remedy that a person may have under these Terms shall operate as a waiver of that right or remedy.

21. ENTIRE AGREEMENT

    1. These Terms, together with any supplemental terms and conditions you are required to agree to access specific Services on the Website, constitute the entire agreement between you and each member of the BF Group in connection with your use of the Website, the BF Platform and any Services accessed on or through the Website or the BF Platform.

22. GOVERNING LAW AND JURISDICTION

    1. These Terms are governed by the laws of the Cayman Islands and you agree to submit to the exclusive jurisdiction of the Cayman Islands courts in respect of any dispute relating to or arising out of the matters governed by these Terms.