SAFLE TERMS AND CONDITIONS OF USE

These Terms and Conditions of Use (these "Terms") are between you (also referred to herein as "user", "you" and "your") and Dulwich Ventures Limited, a company incorporated in the British Virgin Islands ("Safle", "we", "us" and "our"). These Terms govern your use of the services provided by Safle described below (the "Services"). By accessing the Services made available on https://getsafle.com/ (the "Website") you agree that you have read, understand, and accept all of the terms and conditions contained in these Terms.

We may make changes to these Terms from time to time. If we do this, we will post the revised Terms on the Website and will indicate at the top of this page the date the was last revised. You understand and agree that your continued use of the Service or the Website after we have made any such changes constitutes your acceptance of the new Terms.

  1. INTRODUCTION

    1. Eligibility

      To be eligible to use the Website you must be at least eighteen (18) years of age or older. The Website, interface and Services (as defined below) is strictly NOT offered to persons or entities who reside in, are citizens of, are incorporated in, or have a registered office in any Restricted Territory, as defined below (any such person or entity from a Restricted Territory shall be a “Restricted Person”). If you are a Restricted Person, then do not attempt to access or use the Website. Safle will implement technical measures such as "geoblocking" to ensure that the Website, interface and Services are not available to Restricted Persons. Use of a virtual private network (e.g., a VPN) or other means by Restricted Persons to access or use the Website, interface or Services is prohibited. For the purpose of these Terms, Restricted Territory shall mean Myanmar (Burma), Cote D'Ivoire (Ivory Coast), Cuba, Crimea and Sevastopol, Democratic Republic of Congo, Iran, Iraq, Libya, Mali, Nicaragua, Democratic People’s Republic of Korea (North Korea), Somalia, Sudan, Syria, Yemen, Zimbabwe, or any other state, country or region that is subject to sanctions enforced by the United States, the United Kingdom or the European Union.

    2. Terms

      We reserve the right to disable access to the Website interface at any time in the event of any breach of the Terms, including without limitation, if we, in our sole discretion, believe that you, at any time, fail to satisfy the eligibility requirements set forth in the Terms. Further, we reserve the right to limit or restrict access to the Website interface by any person or entity, or within any geographic area or legal jurisdiction, at any time and at our sole discretion. We will not be liable to you for any losses or damages you may suffer as a result of or in connection with the Website interface being inaccessible to you at any time or for any reason.

    3. Data and Information

      Where requested to provide any information about yourself, you agree to (i) provide accurate, current and complete information about you as may be prompted by any registration forms on the Website or otherwise requested by Safle ("Registration Data"); (ii) maintain and promptly update the Registration Data, and any other information you provide to Safle, to keep it accurate, current and complete; (iii) promptly notify Safle regarding any material changes to information or circumstances that could affect your eligibility to continue to use the Website or Service or the terms on which you use the Website or Service; and (iv) be fully responsible for all your actions on  the Website.

    4. Interface

      The interface hosted on the Website provides a visual representation of the available Services and enables access to the Safle Wallet. You are solely responsible for adhering to all laws and regulations applicable to you and your use or access to the Website and interface thereon. Your use of the Website and Safle Wallet is prohibited by and otherwise violate or facilitate the violation of any applicable laws or regulations, or contribute to or facilitate any illegal activity. We make no representations or warranties that the information, products, or services provided through the Website, are appropriate for access or use in other jurisdictions. We reserve the right to limit the availability of our Website to any person, geographic area, or jurisdiction, at any time and at our sole and absolute discretion.

    5. Access

      You agree and understand that you are not allowed to enter any restricted area of any computer or network of Safle under any circumstances, or perform any functions that are not authorised by these Terms.

  2. THE SERVICE

    1. Safle Wallet

      Safle Wallet is a set of tools built around a decentralised non-custodial blockchain identity wallet that enables secure private key management and seamless experience for dApps, DeFi and NFTs, allowing allows users to generate encrypted private keys and digital asset addresses on the relevant blockchain, browse third party dApps, as well as purchase, store, and engage in transactions relating to digital assets.

      SafleID is a composite blockchain identity wallet that allows users to store their information in a distributed and trustless manner and offers users complete power and ownership over their new digital identity. SafleID comes with a unique handle name for the master account to store and manage more than 700+ digital assets like cryptocurrencies, NFTs and other important digital documents (potentially, using InterPlanetary File System (IPFS) technology in the future), while managing user's keys on the mobile, web browser or on the safe cloud vault.

    2. Safle developer tools

      Safle also provides a variety of interoperable infrastructure-level developer tools on supported blockchain networks, for example customisable flexible APIs allowing developers to manage their nodes on multiple blockchains with dashboard features, gas-efficient transactions, Keyless SDK to enable transaction signing or authentication via password/biometrics, user onboarding and lifecycle management software plugin for Safle Wallet and SafleID integreation, token swaps SDK, data controllers, or proxy contracts. Third party developers and users will be able to utilise these tools to integrate a variety of useful functionalities for their own projects.

    3. Non-custodial nature of smart contracts

      When you access certain features of the Services, the user interface will allow you to access a non-custodial smart contract to perform a variety of transactions. In particular, you confirm that all actions and functions performed via the Safle smart contract are irrevocable. You remain in full control of your digital assets, which are not held or controlled in any way by Safle. Safle does not collect or hold your keys or information - accordingly, if you lose control over these assets, Safle cannot access your digital assets; digital backups; recover keys, passwords, or other information; reset passwords; or reverse transactions. An encrypted backup of certain information associated with the Safle Wallet can be stored on your device in Keystore JSON format. The private key is connected to your digital asset address and, together, they can be used to authorize the transfer of digital assets to and from that digital asset address. You are solely responsible for the safety of your digital assets and your use of the Services, including without limitation for storing, backing up, and maintaining the confidentiality of your private keys, passwords, and information, and for the security of any transactions you perform using the Website. You expressly relieve and release Safle from any and all liability and/or loss arising from your use of the Services.

    4. Service fees

      If you elect to interact with Safle Wallet, all transactions will be conducted solely through the relevant blockchain network. We will have no insight into or control over these payments or transactions, nor do we have the ability to reverse any transactions. With that in mind, we will have no liability to you or to any third party for any claims or damages that may arise as a result of any transactions that you engage in via the Website, or using the smart contracts, or any other transactions that you conduct via the relevant blockchain network.

      The relevant blockchain network typically requires the payment of a transaction fee ("Gas Fee") for every transaction that occurs on the relevant blockchain network. The Gas Fee funds the network of computers that run the decentralised network. This means that you will need to pay a Gas Fee for each transaction that occurs via the Website.

      You also may be subject to certain additional fees and commissions, including fees for transferring, withdrawing or trading digital assets on SAFLE Wallet or on the Website, as notified to you prior to performing any transaction thereon or otherwise interacting with Safle Wallet or the smart contracts. Safle also reserves the right to levy additional fees for access via the smart contracts, the Site or the Website in the future. You agree to promptly pay all aforementioned fees and commissions.

    5. Not an Offering of Banking business, Trust business, Custodial business, Escrow business, Securities or Commodities

      You understand and affirm that Safle is a non-custodial provider of technical smart-contract services which allow users to manage their digital assets. The content of the Website and the Services do not constitute any banking business, trust business, custodial business, escrow business, any offer to buy or sell, or a solicitation of an offer to buy or sell investments, securities, partnership interests, commodities or any other financial instruments in any jurisdiction. The content or the Website and the Services also do not constitute, and may not be used for or in connection with, an offer or solicitation by anyone in any state or jurisdiction in which such an offer or solicitation is not authorized or permitted, or to any person to whom it is unlawful to make such offer or solicitation. In particular, the Services do not constitute any "banking business" within the meaning of any banking laws, "custody" within the meaning of any virtual assets law, or "capital markets products" or "securities" within the meaning of any securities law.

    6. No Advice

      Safle makes no representation or warranty, express or implied, to the extent not prohibited by applicable law, regarding the advisability of participating in digital assets on any blockchain, any financial products, securities, funds, commodity interests, partnership interests or other investments or funding or purchasing loans. Safle is merely a technology service provider allowing you to manage your own digital assets connecting you with various third parties and does not offer fiduciary services, and is not your agent, trustee, advisor or fiduciary.

    7. Taxes

      It is your sole responsibility to determine whether, and to what extent, any taxes apply to any interest received through the Services, and to withhold, collect, report and remit the correct amount of tax to the appropriate tax authorities.

  3. RISK FACTORS

    You acknowledge and agree that the Services are is currently in the initial development stages and there are a variety of unforeseeable risks with utilising the Services or participating in the platform, acquiring, holding or using native SAFLE tokens. In the worst scenario, this could lead to the loss of all or part of your digital assets associated with the Services. IF YOU DECIDE TO UTILISE SERVICES OR ACQUIRE NATIVE SAFLE TOKENS YOU EXPRESSLY ACKNOWLEDGE, ACCEPT AND ASSUME THE BELOW RISKS AND AGREE NOT TO HOLD SAFLE OR ANY OF THEIR RELATED PARTIES RESPONSIBLE FOR THE FOLLOWING RISKS:

    1. Third-party Risk

      The Services rely on whole or partly, on third-party software and the continued development and support of third parties. There is no assurance or guarantee that those third parties will maintain their support of their software, which might have a material adverse effect on the Services. Further, where digital assets locked as collateral for deAssets are deployed by the protocol towards third-party decentralized finance protocols to further generate yield, a failure or security incident in respect of such third-party protocol may result in users losing all or substantially all of their digital assets.

    2. No Insurance

      Digital assets are not legal tender, are not backed by the government, and are not subject to the Deposit Insurance Scheme or protections under any banking or securities laws. Safle is not a bank and does not offer fiduciary services, nor does it offer any security broking services.

    3. New Technical Risk

      The Safle software used for Safle is new. While this software has been extensively tested, the software used for the Services is still relatively new and could have bugs or security vulnerabilities. Further, the software is still under development and may undergo significant changes over time that may not meet users’ expectations.