Security: Can refer to any note, stock, treasury stock, security future, security-based swap, bond, debenture, evidence of indebtedness, certificate of interest or participation in any profit-sharing agreement, collateral-trust certificate, pre-organisation certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit for a security, fractional undivided interest in oil, gas, or other mineral rights, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities (including any interest therein or based on the value thereof), or any put, call, straddle, option, or privilege entered into on a national securities exchange relating to foreign currency, or, in general, any interest or instrument commonly known as a "security", or any certificate of interest or participation in, temporary or interim certificate for, receipt for, guarantee of, or warrant or right to subscribe to or purchase, any of the foregoing.
Trading: A short-term and volatile process that involves frequent transactions based on the trends in the market. It is relatively short compared to long-term transactions such as mutual funds or bonds. Common examples of trading are stocks, commodities, foreign exchange, or other financial instruments.
Whole (to make whole): pertaining to documents / projects within this digital site, to make whole will be interpreted ONLY as to return to the investor an original invested amount in fiat /crypto money. This means, if an investor initially made the investment using a crypto currency and the crypto currency has gone up or down, the investor will still get the value of the original investment.
Gas Pricing: A necessary cost to perform a transaction on a blockchain. However, not all blockchains charge for transactions and therefore there is no gas fees.
Pay-Out Process: The process of disbursing monetary returns from the NFTRE project.
Non-Fungible Token (NFT): NFTs are digital representations of assets. Each token contains a unique, non-transferable identity to distinguish it from other tokens. For example, an NFT cannot be exchanged for an SC at an exchange, though an NFT can be purchased by a SC.
Stable Coins (SC): All SC’s are CC’s where their price is designed to be ‘pegged’ to fiat money, a an accepted known asset or another CC. The term SC relates to their inherent reduced volatility.
Smart Contract (SMC): A SMC is a self-executing contract containing complete agreement details between parties written directly into lines of digital code. The SMC is placed across a distributed, decentralised blockchain network for application.
Blockchain (BC): BC refers to a digital ledger of transactions that is duplicated and distributed across the entire network of computer systems on a blockchain. Each block in the chain contains a number of transactions, and every time a new transaction occurs on a blockchain, a record of that transaction is added to every participant’s ledger. Furthermore, the BC is an immutable database, and contained data cannot be manipulated or changed in anyway.
Decentralised Finance (DeFi): DeFi refers to ‘decentralised finance’, a general term for a variety of financial applications in cryptocurrency or blockchain technology aimed at displacing financial intermediaries.
Crypto Currency (CC): CC is a digital currency, used as an alternative form of payment via encryption algorithms. CC’s function both as a currency and as a virtual accounting system. CC’s require a digital wallet for use.
Crypto Staking (CS): CS refers to ‘locking-up’ crypto assets so as to obtain rewards - passive income. Rewards are earned by validating transactions on a blockchain.
Yield Farming (YF): YF is chiefly a DeFi investment strategy. It involves lending or staking cryptocurrency or tokens to earn rewards in the form of transactional fees or rates of interest, like traditional earnings from bank interest.
Liquidity Provider (LP): An LP is a user who funds a liquidity pool with crypto assets to facilitate trading on the platform to earn passive income.
Automated Market Maker (AMM): AMM is the underlying protocol used by decentralised exchanges with an autonomous trading mechanism. This eliminates the need for centralised authorities like exchanges and other financial entities. Put simply, it allows two users to transact their assets without any intermediary facilitating the exchange.
Arbitration Agreement: A clause in a set of agreements / terms of conditions that requires parties to resolve disputes through the process of arbitration via an arbitrator. The agreement is legally binding and allows the parties to reach mutual resolutions outside of the court system thereby saving much time and money.
Class Action Waiver: Provisions in an arbitration agreement where one party waives the right to file a class action lawsuit against the other party.
“Digital Blockchain Wallet” means a financial application where Company will deliver a purchaser’s NFT for safekeeping, and where a user may store their digital currency, but also where the NFT will be redeemed / ‘cashed-out’ when a Project has been closed.
“NFT-Active” means an NFT that is currently invested in an on-going Project.
“NFT-Funded” means the Project connected with the NFT has been closed and the investor funds have been liquidated to a users Digital Blockchain Wallet.
“NFT Purchase Certificate” means digital receipt with reservation code indicating the NFT has been paid for.
“NFT Reservation Number” means allocated purchase receipt number that will be used to connect a user to their NFT to their secure communications wallet.
“Hola Phone App” means the Company approved secure communications device where all notices will be sent (privateapp.io).
“Myxpay Digital Blockchain” means the Company approved secure digital blockchain wallet where a users NFT will be delivered, and where the proceeds from the liquidation of an NFT will be sent. Additionally, myxpay serves as a general digital blockchain wallet for users to access their incoming funds or general withdrawal via numerous banking / digital app options (myxpay.net).
“Notices” means weekly notices via group chat to NFT holders where the NFT is NFT-Active.