Terms and Conditions:
If you do not agree to these Terms and Conditions, discontinue using the Platform immediately.
1. Acceptance of Terms and Conditions:
1.2 You are notified that these Terms and Conditions affects your rights and limits our liability. You should read the Terms and Conditions carefully before you use this Platform or any of the Products or Services offered.
1.3 By accessing or using the Platform, Products or Services in any capacity you are confirming your agreement with these Terms and Conditions. If you do not agree to the Terms and Conditions you must leave our site immediately and not conduct any further business with TAFT.
1.4 Our Platform is an online information service, providing you with, inter alia, the Taftoken and Taftoken staking options (“Products and Services”).
2.1 You agree and acknowledge that the use of this Platform and/or the Products and Services is at your own risk.
2.2 Facts and calculations presented in this Platform, future or current, reports, trainings, video material, YouTube videos, any social media posts and any other information provided by TAFT or its associates, subsidiaries, officers, directors, agents, affiliates, partners, employees and legal representatives (“TAFT Team”) are considered general in nature, reasonable at the time and presented in good faith. These facts and calculations are subject to significant uncertainties and contingencies and are illustrative only. Illustrated outcomes are calculated from given input values, which are subject to change without notice and are in no way a guarantee of future performance. Your specific financial position, needs, goals and strategies have not been considered when presenting any facts, calculations or specific Products and Services.
2.3 TAFT and the TAFT Team are not financial advisers nor registered financial service providers and are not offering any financial advice of whatsoever nature. You are advised to seek independent legal, financial and taxation advice and consider your particular investment objective before making a decision to act on any information provided on the Platform or utilising the Products and Services, both future and current.
2.4 The Products and Services, including but not limited to, text, graphics, images, information, and others materials, including all content, discussed on the platform (future or current), in reports, in trainings, in video material, on YouTube videos, or any social media posts may not be suitable for all investors.
2.5 TAFT and the TAFT Team does not accept responsibility for any loss or damage, direct or consequential, caused (including through negligence) whether by TAFT, the TAFT Team, a third party or you, which you, or anyone else, may suffer in connection with or arising from your utilisation of any information provided on the Platform or from the utilisation of the Product and Services (future or current).
2.6 Cryptocurrencies and cryptocurrency markets are largely unregulated and not backed by Governments or other legal entities. The cryptocurrency markets are highly volatile and involves significant risk. Cryptocurrency prices traditionally fluctuate significantly and might result in large swings in value. Due to the significant risk associated with Cryptocurrency markets TAFT does not warrant or guarantee the content of any information provided on the Platform or through the Products and Services, future or current, which materials are supplied in good faith. You are advised to seek independent legal, financial and taxation advice and consider your particular investment objective before engaging in any Cryptocurrency transaction.
2.7 Cryptocurrencies are susceptible to periods of loss of confidence, due to, inter alia, changes imposed by software developers, changes imposed by legislation, Government crackdown, technical problems, hacking or various other external factors, these factors could reduce demand relative to supply and could result in large swings in value or even having the effect that Cryptocurrencies become worthless.
2.8 You agree to indemnify and hold TAFT and the TAFT Team harmless for any losses incurred as a result of technical failures, hacks, Government intervention or any other issue that negatively impacts Cryptocurrencies.
2.9 There may be additional risks that we have not foreseen or identified in our Terms and Conditions. You should carefully consider whether your financial situation and tolerance for risk is suitable for trading in Cryptocurrencies and you should seek independent legal, financial and taxation advice and consider any other risks involved in the Cryptocurrency markets in general.
2.10 We are not required and do not hold an Australian Financial Services License and we specifically do not trade Cryptocurrencies on your behalf.
3.1 You must register for an account to access the platform.
3.2.1 be an individual who is at least 18 years old; or
3.2.2 be a legal entity.
3.3 When applying for an Account you must provide any information requested by TAFT in order for us to provide complete access to the Platform.
3.4 TAFT may terminate your Account and your access to the Product and Services if we determine, in our sole discretion, that you have breached any of the Terms and Conditions contained in this document.
4. Use of the Platform and Account:
4.1 TAFT grants you a non-exclusive, non-transferable, revocable, limited licence to access the Platform and the Products and Services under these Terms and Conditions. The information on the Platform is for your personal, individual use only, and not for commercial or external use.
a) provide any inaccurate, false or incomplete information to TAFT;
b) modify or copy the Products and Services;
c) copy, modify or create a derivative work of, reverse engineer, reverse assemble or otherwise attempt to discover any source code of the Platform or use modified versions thereof;
d) use the Products and Services for commercial purposes or for any public display (commercial or non-commercial);
e) attempt to decompile or reverse engineer any Products and Services;
f) remove or obscure any copyright, trademark, or other proprietary notations from the Platform or any of the Products and Services;
g) sell, assign, sublicense or otherwise transfer your Account or Products and Services or any right to these, accessible through your Platform, to another person or “mirror” the Products and Services on any other server;
h) Use any robot, spider, scraper, or other automated means to access the Platform for any purpose;
i) interfere with or disrupt the Platform, or servers and networks connected to the Platform, or circumvent, disable or otherwise interfere with security-related features of the Platform or features that prevent or restrict use or copying of any Products and Services or that enforce limitations on the use of the Platform;
j) take any action that imposes, or may impose, an unreasonable or disproportionately large load on the Platform infrastructure as TAFT may determine in its sole discretion;
k) knowingly, disseminate or transmit any worms, viruses or harmful, disruptive or destructive files, code, programs or other similar technologies, or otherwise utilize the Platform in any matter that violates any statute , rule or regulation;
l) repost any information from the Platform.
The Limited Licence we offer you in using the Platform will terminate automatically if we deem, in our sole discretion, that you have violated any of the restrictions contained in this clause 4.1 or any of the Terms and Conditions of this document. We furthermore reserve the right to refer any violations in terms of this clause 4 to the relevant law enforcement authority. The termination of your licence will not affect any additional rights or relief to which TAFT may be entitled to by law.
4.2 Upon termination of your license in terms of clause 4.1, all rights granted to you will automatically terminate and immediately revert to TAFT. Further, upon such termination, you agree to destroy any downloaded materials in your possession whether in electronic or printed form.
4.3 Our Platform and our Products and Services are provided “As Is”. TAFT makes no warranties, expressed or implied, and hereby disclaim and negate all other warranties, including without limitation, implied warranties or conditions of merchantability, fitness for particular purpose, or non-infringement of intellectual property or other violation of rights.
4.4 TAFT reserves the right to monitor the location from which you access the Platform and to block access from any jurisdiction in which participation is illegal or restricted.
4.5 You are subject to all laws of the jurisdiction in which you reside and from which you access the Platform and you are solely responsible for obeying those laws. You agree that TAFT and the TAFT Team cannot be held liable if laws applicable to you restrict or prohibit your participation on the Platform.
4.6. Your account is to be used only by you and you are solely responsible for maintaining and protecting the confidentiality and security of your Account (including but not limited to, your log-in credentials, linked e-mail account, phone number and any information you have provided in connection with your Account). TAFT will not be responsible or liable for any unauthorised access to, or use of, your Account (even where you may not be aware of such unauthorised access) except to the extent we have failed to take reasonable steps to secure the Platform.
4.7 If you are creating an Account on behalf of a legal entity you warrant that you are authorised to create an Account and utilise the Platform as an agent for the legal entity. TAFT may, at its sole discretion, require you to produce evidence that you are authorised to act on behalf of the entity and you must provide any information we reasonably request for this purpose.
4.8 The trademarks, service marks, product names, company names and logos used on the Platform are either owned by TAFT or are licensed or used with permission from a third party owner. Any third party, trademark, service mark, product name, company or logo remains the property of the respective owner.
4.9 The software, text, images, graphics, data, prices, trades, charts, graphs, video, audio or other similar information used, displayed or otherwise made available on the Platform belongs to TAFT or is available to us under licence. The information should not be copied, reproduced, modified, republished, uploaded, posted, transmitted, collected or distributed in any form or by any means, whether manual or automated.
5. Copyright, Trademark and Confidential Information:
5.1 The Products and Services and any intellectual property rights embodied within the Platform are the property of TAFT or the respective manufacturers or sellers of any particular products or services. You understand that all trademarks, copyrights, and other rights are the property of their respective owners.
5.2 You further understand and agree that all information contained on the Platform is to be considered confidential information, and as such, you agree that you will not share any such confidential information with any other party.
5.3 Unless otherwise stated, none of the Products and Services is permitted to be copied, reproduced, modified, distributed, sold, broadcast, stored or otherwise used without the express, prior written, permission of TAFT or the original copyright holder. You may use the Product and Services solely for your personal, non commercial use, provided that you do not modify any of the Products and Services and that you retain all copyright and other proprietary notices contained on the Platform.
You must e-mail us written notice containing your name and signature to TAFT, describing the nature and location of the content you believe to be infringing and must include the following.
a) A physical or electronic signature of a person authorised to act on behalf of the owner of an exclusive right that is allegedly infringed;
b) Identification of the copyrighted work claimed to have been infringed, or, if multiple copyrighted works are covered by a single notification, a representative list of such works;
c) Identification of the Product and Services that is claimed to be infringing or to be the subject of the infringing activity and that is to be removed or access to which is to be disabled, and information reasonably sufficient to permit TAFT to locate the material;
d) Information reasonably sufficient to permit TAFT to contact you, such as an address, telephone number and electronic mail address;
e) A statement that you believe in good faith that the use of the material, in the manner complained of is not authorised by the copyright owner, its agent or the law;
f) A statement that the information in the notification is accurate and that you are authorised to act on behalf of the owner of an exclusive right that is allegedly infringed.
5.5 Any notices or other communication regarding copyright infringement that are sent in any manner other than what is described above, or that are not relevant to copyright infringement, will receive no response from us. We reserve the right to remove any content alleged to be infringing without prior notice, at our sole discretion, and without liability to us, and/or to terminate your account if it is determined that you knowingly posted infringing content.
6. Storage and Access to Your Information:
6.2 We reserve the right to contact you through any method of communication you provide to us via telephone, in writing or on our Platform and to store any of your data or information provided to us, which includes login and password details.
7. Maintaining Your Account:
a) maintain and properly update any information in your Account and keep such information current, accurate and complete;
b) not allow others to access your Account nor assist others to obtain unauthorised access to any Account;
c) fully cooperate with TAFT in investigating any improper, unlawful or fraudulent access to or use of your Account or any other Account;
d) contact TAFT immediately if you believe your account may be subject to any unauthorised access or other type of fraudulent activity or security breach;
e) not open more that one Account for yourself by using an alias or providing any other falsified information and;
f) not cause or permit any damage to or otherwise interfere with our Platform, including the software and user interface by which you submit your information.
a) infringing the intellectual property rights of us or any third parties;
b) acting in a manner that is inconsistent with or in breach of these Terms and Conditions or
c) attempting or assisting others to attempt to gain unauthorised access to the Platform.
9.1 The Platform is provided without warranty of any kind, whether express, implied, statutory or otherwise and TAFT does not represent that the Platform will be available 100% of the time;
9.2 TAFT makes no guarantees or warranties as to the accuracy, completeness, timeliness or currency of any of the information on the Platform, and hereby disclaims any and all warranties, either express or implied, including but not limited to the implied warranties of merchantability, fitness for a particular purpose, non-infringement, freedom from computer virus or warrant that the functions contained in the Platform will be error-free, that defects will be corrected, or that the Platform or server that makes the platform available will be free of viruses or other harmful components.
9.3 TAFT will use reasonable endeavours to ensure that the Platform can normally be accessed by you in accordance with these Terms and Conditions, but you agree that we will not be responsible for temporary interruption in the Platform for reasons outside of our control.
9.4 TAFT reserves the right to, in its sole discretion, make changes to the Products and Services on the Platform or suspend the use of the Platform for maintenance at any time, without notice.
10. Limitation of Liability
a) breach of any warranty under this Agreement or otherwise;
b) breach of any of these Terms and Conditions;
c) breach of any Laws;
e) actual or alleged infringement of any Intellectual Property Rights;
f) disclosure of any Confidential Information;
g) damaged suffered as a result of your use of the Platform by you or any person authorised by you.
a) any inaccurate information published on our Platform or any Site accessible via an advertisement or link;
b) your business dealings with any marketing affiliates, advertisers, companies, and third parties that link to or from our Platform;
c) damages or losses of any kind resulting from your purchase and use of any Products and Services purchased from marketing affiliates or advertisers;
d) any actions you take in reliance upon any information available on the Platform and
e) any other damages, or losses you may incur in connection with your use of the Platform
10.3 To the maximum extent permitted by law, TAFT and the TAFT Team will not be held liable for any fines, penalties, taxes (except GST) and any exemplary, aggravated or punitive damages, liquidated damages or any direct or consequential loss (including but not limited to loss of profit, loss of revenue, loss of business, loss of opportunity, loss of data, loss of contract, loss of production and loss of Cryptocurrency) that you or anyone else might suffer as a result of the use of the Platform.
10.4 TAFT and the TAFT Team will not in any event be liable to you for any claims, losses, actions, costs (including legal costs) or expenses of any kind whatsoever arising out of or in connection with any indirect or consequential loss (including but not limited to any loss of actual or anticipated profits, revenue, savings, production, opportunity, access to markets, goodwill, reputation, publicity, or use) or any remote, abnormal or unforeseeable loss or any similar loss whether or not in the reasonable contemplation of the parties at the time of acceptance of these Terms and Conditions.
10.5 Our total aggregate financial liability in respect of claims based on events arising out of or in connection with your use of the Platform, whether in contract or tort (including negligence) or otherwise, shall in no circumstances exceed $5000.00 (Five Thousand United States Dollars).
a) your negligent or wrongful acts or omissions;
b) your breach of any law, regulation or rules;
c) any damage you cause to our Platform;
d) your use of the Platform or
e) your violation of these Terms and Conditions but you will not be liable for any Loss to the extent such Loss is the direct result of our negligent or wrongful acts or omissions.
12.1 These Terms and Conditions published on the date you view them on our Platform supersedes all prior versions.
12.2 We may maintain Marketing Affiliate Relationships with companies (“Third Party Companies”), whose products or services may be featured on our Platform, and/or in our e-mails, social media posts, and any other method or manner of publication we choose. If you choose to buy or use any products or service from Third Party Companies, we may receive a commission for having referred them to you. However, we offer no guarantees that any product or service descriptions, pricing, or any other information about any such product or service regardless of its source, is accurate, complete, reliable, current, or error-free. Such products and services are provided for entertainment, educational and informational purposes only and does not constitute an endorsement by TAFT of any product or service of the Third Party Companies. TAFT is not affiliated, associated, authorised by, endorsed by, or in any way connected to any Third Party Companies mentioned on our Platform.
In the event of a dispute between you and a Third Party Company, to the maximum extent permitted by law, you release TAFT and the TAFT Team, from and against any claims and damages of any kind, known and unknown, suspected and unsuspected, disclosed and undisclosed, arising out of or in any way connected with such dispute.
12.3 If any of these Terms and Conditions are held to be invalid, unenforceable or illegal for any reason, the remaining parts of the Terms and Conditions will be in full force and effect.
13. Unstaking Terms and Conditions:
13.1 TAF STRONGBOX Short-term-21 DAY unstaking penalties
Unstaking penalties - apply only when unstaking on a short-term period. We burn only based on the amount being unstaked. Reward tokens are not subject to burn when withdrawing rewards. Once rewards are staked however, they are added to the staked amount and therefore subject to the same benefits and penalties.
- Max burn is 20% then linearly the percentage drops each day.
- Burn % = 0.2 x (A-B)/A
- A = total num of committed days
- B = num of days from stake to unstake request
committed period is Short Term (21 days) and user wants to unstake after 01 days.
- Burn % = 0.2 x (21-01) / 21 = 0.19
- In this case, we would burn 19% of the users staked tokens when unstaking after 1 day. You would burn as detailed below.
10,000 tokens * 19% = 1900 tokens. You would be able to withdraw the remainder of 8100 tokens. You can only unstake the total amount of tokens committed and not a percentage. As such if you commit 10,000 tokens to the contract you can only early unstake that total amount and not a percentage of that total.
13.2 TAF STRONGBOX Long-term unstaking penalties
Unstaking penalties apply only when unstaking on a long-term period. We burn only based on the amount being unstaked. Reward tokens are not subject to burn when withdrawing rewards. Once rewards are staked however, they are added to the staked amount and therefore subject to the same benefits and penalties.
- Max burn is 80% then linearly the percentage drops each day.
- Burn % = 0.8 x (A-B)/A
- A = total num of committed days
- B = num of days from stake to unstake request
committed period is 1 year (365 days) and user wants to unstake after 30 days.
- Burn % = 0.8 x (365-30) / 365 = 73.42
- In this case, we would burn 73.42% of the users staked tokens when unstaking.
5,000 * 73.42% = 3,671 tokens and you would be able to withdraw the remainder [after 10 days], 1,329. And lastly, 5,000 would remain staked.
13.3 Administration Fees
There is no fee when you deposit, but there is a 1% fee when you add to your staking and your rewards auto compounds, a 2% admin fee will be charged when you unstake your funds or withdraw your rewards.
14. Modification of Terms and Conditions:
14.1 TAFT reserves the right to change, amend, modify, add or delete any of these Terms and Conditions, at any time, in an exercise of our sole discretion. These amendments, modifications, additions or deletions apply to your use of the Platform as soon as they are displayed on the Platform (whether or not you are aware of those amendments, modifications, additions or deletions). The most current version of the Terms and Conditions will be available on the Platform and will supersede all previous versions. Your continued use of the Platform following the changes to the Terms and Conditions signifies that you accept and agree to the changes. Should you reject any of the changes or updates to the Terms and Conditions, you must discontinue use of the Platform immediately. Unless specifically stated otherwise, any new features, Products or Services added to the Site will be subject to the Terms and Conditions. Some new Products and Services may separately and additionally require your acceptance of new or additional terms before use.
15. Governing Law:
15.1 Your use of the Platform are governed by the laws of Queensland, Australia;
15.2 You irrevocably submit to the exclusive jurisdiction of the courts of Queensland, Australia
16. Entire Agreement:
These Terms and Conditions and any document incorporated by reference herein constitutes the entire Terms and Agreement between you and TAFT and govern your use of our Platform, superseding any prior agreements.
“Account” means the Account you register with on our Platform.
“TAFT Team” means TAFT, its associates, subsidiaries, officers, directors, agents, affiliates, partners, employees and legal representatives.
“Cryptocurrency” means coins, tokens, crypto, digital currency, or digital assets listed by us on our Platform from time to time.
a proprietary company;
an unlisted public company;
a listed public company;
an association; or
“Limited Licence” means the non-exclusive, non-transferable, revocable, limited licence granted to you upon registration.
“Platform” means the Website and online information service made available by us from time to time.
“Products and Services” means TAFToken and TAFToken staking options.
“Terms and Conditions” means these terms and conditions.
“We, us or our” means TAFT.
“You or your” means any user of the Platform.