# Home
Welcome to nfstay.com - Your gateway to the short-term rental market — without owning property.
## Introduction
At nfstay, our mission is to **make real estate participation accessible to everyone**.\
Traditionally, getting into property meant buying assets, taking on debt, and managing everything yourself.
We’ve flipped that model.
With nfstay, you **join short-term rental deals as a partner**, funding the business behind each unit without owning the property. This:
* Lowers the entry barrier
* Reduces your risk
* Gives you active input and monthly returns
* Allows you to build a global portfolio of high-yield units
No mortgages. No management headaches. Just **real participation, real cashflow**.
## What is nfstay?
nfstay is a **partner-led rent-to-rent platform** designed to connect capital partners with professionally managed short-term rentals.
We lease properties directly from landlords and convert them into high-performing short-let units (like Airbnb, Booking.com, serviced accommodation, etc.). Our company manages 100% of operations — from setup and licensing to guest services and maintenance.
You, as a partner:
* 🔹 Join individual deals with as little as $1,000
* 🔹 Earn returns proportional to your participation
* 🔹 Vote on decisions like improvements, pricing, or changing managers
* 🔹 Receive monthly reporting and payout summaries via your dashboard
This is **not a passive investment**. You’re an **active partner** — but without the time burden of day-to-day operations.
## How Does It Work?
Our process is simple yet powerful. Here’s how each partnership unfolds:
1. **We source and negotiate the property**\
We secure lease agreements directly with landlords — always with subletting permission.
2. **You co-invest alongside others**\
Each deal has a defined capital requirement. Once filled, we onboard the property and go live.
3. **We manage all operations**\
From photography and listings to maintenance and compliance — our team handles it all.
4. **You receive monthly income and insights**\
Profits are distributed monthly, and you’ll have full visibility into performance via our platform.
5. **You vote on key decisions**\
Need a refurbishment to boost returns? Want to switch managers? Every partner gets a say.
## Why nfstay?
With over 20 years of experience in real estate management, we have handled over 150 properties in the past three years, maximizing returns on platforms like Airbnb and Booking.com.
There are many platforms offering real estate opportunities — but here’s why our model stands apart:
* **100+ Units Under Management**\
We’ve operated at scale and know what makes short-lets profitable.
* **True Hands-Off Management**\
No calls from guests. No cleaning. No admin. Just performance.
* **Low Entry, High Yield**\
From just $1,000 you can earn 5–10% returns monthly, depending on the deal.
* **Real-Time Visibility**\
Monthly financials. On-chain reporting. Total transparency.
* **You Stay in Control**\
Unlike typical funds, you retain voting rights and can influence decisions that affect your returns.
Whether you’re a seasoned investor looking to diversify or someone just starting in real estate, nfstay provides an innovative, accessible, and profitable way to enter the property market.
# Abstract
A smarter way to enter the short-term rental space.
nfstay offers anyone a chance to participate in the revenue generated from short-term rental (STR) properties under a **Rent-to-Rent model**, blending the high yield from STRs with the upside potential of Bitcoin. This whitepaper outlines our vision, financial model, and partners benefits.
**MicroStrategy Standard Meets Real Estate**
Inspired by MicroStrategy’s pioneering treasury strategy, nfstay integrates Bitcoin into its real estate Rent-to-Rent structure. By reserving 1.5% of capital raised to maintain a Bitcoin treasury, plus 2.5% of the NET income of all properties, we indirectly expose investors to the hardest asset on the planet.
Key components:
* **Bitcoin Upside**: Investors indirectly benefit from Bitcoin’s price appreciation through STAY appreciation in our treasury-backed ecosystem.
* **Risk Mitigation**: Low-leverage Bitcoin holdings ensure minimal downside exposure.
* **Buyback**: Treasury growth triggers buybacks of our native STAY token, removing supply from circulation and increasing token value.
* **Liquidity Provision for Emergencies:** The treasury ensures that properties meet their financial obligations during an eventual difficult month, providing confidence and stability to investors.
*Learn more about our Treasury* [*here*](/rent-2-rent/treasury)*.*
### The Opportunity
* The **global short‑term rental market** is already at **USD 134.5 billion (2024)** and is expected to reach over **USD 256 billion by 2030**, growing at \~11.4% CAGR.
* By 2034, some estimates exceed **USD 344 billion**, with continued expansion through remote-work-driven travel and platform innovation.
* In the UK alone, the short-term segment is projected to hit **USD 6.17 billion by 2030**, accounting for over 5% of the global market.
* Large institutional firms like **BlackRock** are starting to explore real estate-backed strategies tied to the short‑term rental space, indicating institutional confidence and emerging scale interest
This presents a massive runway, yet most platforms still require property ownership, large capital, or passive exposure. nfstay closes that gap with an accessible, partner-powered structure.
## Our Vision
We believe in a future where participating in the real estate economy is as accessible and flexible as joining a DAO or supporting a creator.
Our mission is to give everyday people a chance to be part of professionally run rental businesses, powered by technology, not gatekeepers.
By combining partner-led decision-making with operational excellence, we’re building a **scalable, global rent-to-rent platform** with aligned incentives across every deal.
We're not here to hype trends, we're here to build a real business that lasts, while giving partners the ability to participate in value creation from day one.
***
# Fractional Partnership
Become our partner and co-operate high-performing short-term rentals around the world.
**Comprehensive Process for Partner Participation**
We’ve designed a clear and compliant process that lets partners join operational short-term rental deals with low entry capital and high transparency. Here’s how it works from start to finish:
**1. Identifying Profitable Properties**
* We source properties with strong short-let potential in strategic locations.
* Each opportunity is screened for occupancy, ADR, seasonality, regulations, and unit economics under a rent-to-rent model.
#### 2. Negotiating a Lease with Subletting Permission
* Once an opportunity is approved, we negotiate a lease directly with the landlord that explicitly allows short-term subletting.
* No purchase is involved. We operate via lease only, which reduces capital requirements and speeds up deployment.
#### 3. Maximizing Returns Through Professional Management
* We furnish, stage, photograph, and list the property on major OTAs.
* We manage pricing, guest comms, cleaning, maintenance, and compliance to maximise occupancy and net income.
#### 4. Listing the Deal in Our Partner Platform
* When a property is ready, we open a “deal” in the platform so partners can review key metrics and participate.
* Each property is its own project with defined capital needs and projected performance.
#### 5. Deal Contract and Governance
* Instead of creating an SPV, each deal runs under a UK-law **Rent-to-Rent Partnership Agreement** between nfstay and the partners.
* The agreement sets out contributions, distributions, decision rights, reporting, and dispute resolution.
#### 6. Digital Partnership Records (Not Property Tokens)
* We do not tokenize the property. Where helpful, we create **on-chain records of partner entitlements** that mirror the off-chain contract.
* These records support transparent allocations, voting, and distribution logic. Rights are governed by the contract, not the chain.
#### 7. Inviting Partners to Join
* Partners can take part from a low minimum, alongside others, until the deal’s required capital is filled.
* Every partner becomes an active participant with voting rights on key property decisions.
#### 8. KYC and AML
* All partners complete **KYC/AML via Veriff** prior to participating.
* We maintain compliance checks and ongoing monitoring aligned with our platform policies.
#### 9. Funding Window and Refund Safeguard
* Each deal has a defined funding window prior to lease activation.
* If the target is not reached in time, **all contributions are refunded in full**. No partial deployment without full readiness.
#### 10. Successful Funding and Monthly Distributions
* When fully funded, we activate the lease, complete setup, and go live.
* **Distributions are paid monthly** based on net income after rent, bills, ops, and reserves, pro-rata to each partner’s participation.
* Payout options include bank transfer and supported stablecoin rails.
#### 11. Active Participation and Voting
* This is not a passive product. Partners **vote** on proposals such as refurb budgets, pricing strategy, or manager changes.
* We schedule regular proposals. Staying active ensures alignment and transparent governance.
#### 12. Payout Options and Treasury Integration
* Partners can:
* Claim monthly income in fiat or supported stablecoin.
* Elect to convert part of distributions into our ecosystem token for platform benefits (optional).
* Reinvest into new deals directly from the dashboard.
* A portion of retained earnings at the platform level supports a **BTC treasury strategy** for long-term strength. This does not affect partner entitlements from each deal.
#### 13. Flexible, Repeatable Participation
* Diversify across multiple properties and cities through **fractional partnerships**.
* At lease end, the landlord’s security deposit (if applicable) is returned and allocated per the partnership agreement.
* Partners may transfer their participation to another approved partner, subject to platform consent.
### TLDR
* **Active partnership, not ownership**. Join rent-to-rent deals with low entry capital and vote on key decisions.
* **Compliant and transparent**. UK-law partnership agreement, Veriff KYC/AML, clear reporting, optional on-chain records.
* **Monthly income**. Distributions based on net property performance, paid monthly in fiat or supported stablecoin.
* **Refund protection**. If a deal isn’t fully funded before activation, everyone is refunded in full.
# Voting System
Empowering Active Partnerships
#### nfstay Voting System: Empowering Active Participation
The nfstay voting system ensures that property partners have direct control over critical decisions regarding their investments. Designed for transparency, fairness, and active engagement, this blockchain-based system provides a seamless way to make collective decisions.
**Key Features of the Voting System**
1. **Blockchain-Based Governance**:
* All voting is conducted on the blockchain, ensuring an immutable, tamper-proof, and transparent record of every decision.
2. **Proportional Voting Power**:
* Your voting power matches your capital contribution to the property deal. Put in 25%, get 25% voting weight on that specific property.
3. **Who Can Create Proposals**:
* Only active partners in a specific deal can create proposals for that property.
* To prevent spam and encourage meaningful proposals, a **$25 fee worth of STAY tokens** is required to create a proposal. This fee supports the ecosystem and is burned to enhance the value of STAY.
4. **Regular Proposals**:
At least one proposal is generated monthly for partners to vote on. Examples include:
* Rental pricing
* Changing the property manager
* Authorizing maintenance or upgrades
* Strategy on reinvestment or payout distribution.
5. **Active Participation Requirement**:
* Partners must vote on proposals to qualify for their monthly rental income distributions.
* If a partner does not participate, their rental income for the period is lost until they resume active engagement, encouraging informed participation.
6. **Majority Rules**:
* Most decisions are made by a simple majority (50% +1 vote).
* Major decisions (e.g., ending lease early, changing partner structure) require **supermajority or unanimous approval**.
7. **User-Friendly Interface**:
* Voting is managed through the nfstay platform dashboard, allowing partners to easily review proposals, cast votes, and monitor outcomes.
8. **Transparency and Accountability**:
* Voting outcomes and the execution of approved proposals are recorded on the blockchain, ensuring complete visibility for all partners.
9. **Dynamic Adjustments**:
* The voting system allows partners to influence operational strategies, including decisions regarding the Treasury, property management, and other relevant aspects.
**How It Works:**
1. **Proposal Creation**:
* A partner with shares in the property drafts a proposal and submits it through the nfstay platform.
* The $25 fee, paid in STAY tokens, is deducted upon submission and subsequently burned, reducing the overall token supply.
2. **Voting Period**:
* The proposal is open for voting, with a set timeframe for partners to cast their votes.
3. **Implementation**:
* Once the voting period ends, the results are recorded on the blockchain, and the approved decision is implemented.
4. **Monthly Engagement**:
* Proposals are structured to ensure regular engagement, keeping all partners informed and involved in the management of their investments.
**Benefits of the Voting System:**
* **Active Partnership**: Partners actively shape the management and performance of their investments.
* **Transparency**: Blockchain ensures that all votes and outcomes are publicly verifiable.
* **Democracy in Action**: Decisions are made collectively, respecting the proportional ownership of each partner.
* **Ecosystem Support**: Proposal fees in STAY tokens contribute to token burns, enhancing the long-term value of the ecosystem.
# Marketplaces
Where Partners Browse & Manage Deals
The **nfstay Marketplace** is where we list new, carefully vetted rent-to-rent partnerships opportunities for our partners. Here’s how the marketplace operates:
{% hint style="info" %}
Please note: A 2.5% Buy fee is applicable when using our NFT Marketplace. The entirety of these fees is allocated to our Buyback & Burn Program, known as the [Incicenator](/decentralised-finance/buybacks-mechanism)
{% endhint %}
#### **Key Features:**
1. **KYC Verification Required:**
* Before participating in any investment, every user must complete a **KYC (Know Your Customer)** verification. This ensures compliance with financial regulations and secures the integrity of the platform. Once KYC is approved, users can proceed to invest and receive their property shares.
2. **Platform Fee and $STAY Token Integration:**
* A **3% platform fee** is charged on all purchases of property shares. This fee is automatically applied at the time of purchase.
* **1.5% of the platform fees** are used to **buy back** our utility token, **$STAY**, helping maintain its value and benefit the nfstay ecosystem. **1.5% of the platform fees** are used to **buy BTC.** Both tokens are then sent to the [**Treasury**](/rent-2-rent/treasury)**.**
* For example, if you invest **$1,000** in property shares, a total of **$1,030** will be charged.
3. **Minimum Investment Requirement:**
* To ensure quality participation, the minimum investment amount per property is set at **$1,000 (one thousand USD)**.
* This allows us to maintain a high standard for property ownership and guarantees meaningful engagement in our projects.
4. **Payment Options:**
* Users can pay for their shares via:
* **Fiat currency** through our trusted payment partner, **Transak**.
* **Cryptocurrency payments**, including **USDC (USD Coin)** and **BNB (Binance Coin)**, offering flexibility for crypto investors. **STAY** coming soon!
#### **After Purchase:**
After joining a deal, you’ll see your contributions, payouts, and property performance in your dashboard. You’ll have tools to:
* Track monthly rental income
* Reinvest earnings into future deals
* Exit your position (see secondary marketplace below)
***
#### nfstay **Secondary Marketplace**
The **nfstay Secondary Marketplace** allows users who have previously purchased shares in property investments to **list and sell their shares** when they wish to exit their investment. This platform provides flexibility for investors by enabling them to trade their shares at a price they set themselves. Here’s how the secondary marketplace operates:
#### **Key Features:**
1. **Sell Your Shares:**
* Investors who have purchased property shares through the nfstay platform can **list their shares for sale** on the secondary marketplace at any time.
* Users can **set their own price** for the shares they wish to sell, giving them full control over the resale value of their investment.
2. **Listing Options:** When listing shares for sale, sellers can choose between two types of sales:
* **Perpetual Sale:**\
The shares will remain on sale **indefinitely** until they are purchased by another investor. This provides flexibility for sellers who are not in a hurry to exit their investment.
* **Timed Sale:**\
Sellers can choose to list their shares for a **specific period of time**. If the shares are not sold within this time frame, the sale will automatically close, allowing the seller to reassess their pricing or hold onto the shares.
3. **Fees:**
* On the secondary marketplace, both the **buyer and seller** are charged a **1.50% fee** for each transaction.
* These fees are lower than those on the primary marketplace and are designed to encourage fluid trading of shares between users.
* **100% of the fees** collected will be used to **buy back** our utility token, **$STAY**, helping to strengthen the ecosystem and create value for token holders.
4. **Payment Options:**
* Buyers can pay for shares using **fiat currency** through our payment partner, **Transak**, or **cryptocurrency**, including **USDC** and **BNB**.
#### Primary Sale Completion Requirement
Before listing property shares on the nfstay Secondary Marketplace, the primary sale for the property must be fully completed. This means that:
1. **Secondary Listing Restriction**:
* Investors who purchase shares during the primary sale cannot list these shares for resale on the secondary marketplace until the property has been fully funded and the primary sale has officially concluded.
2. **Rationale**:
* This ensures that the primary funding goal is met without disruption, maintaining the integrity of the investment process and safeguarding the interests of all partners involved in the property.
3. **Notification**:
* Once the primary sale is completed, users will receive a notification indicating that their shares are eligible for listing on the secondary marketplace.
4. **Encouraging Robust Primary Participation**:
* By prioritizing the completion of the primary sale, nfstay ensures that properties are acquired without delays, and partners can begin earning rental income as soon as possible.
***
#### **After Listing Shares:**
* Once a user lists their shares for sale, the listing will appear on the secondary marketplace for other investors to browse and purchase.
* Sellers can manage and monitor their listings, and buyers will have access to the available shares, along with the option to purchase instantly.
***
The nfstay Secondary Marketplace provides liquidity and flexibility for property investors, offering a user-friendly platform to trade shares at custom prices. This system empowers investors with the ability to exit their positions or expand their portfolios, all while supporting the broader nfstay ecosystem through the **buy back and burn** mechanism for **$STAY tokens**.
# Boost Returns
Increase Your Rewards with $STAY
The **Boost Returns** feature allows investors to enhance their monthly returns by purchasing a **booster**, which supports the **$STAY token** ecosystem and ultimately burns $STAY tokens. By purchasing a booster, partners can increase their rental annual yield by an additional **24%**, adding significant value to their investments without the need for ongoing commitments like staking.
***
#### **How Boosting Works:**
After purchasing property shares, you already receive monthly returns. With the **Boost** feature, you can boost those returns by an additional **24%** for a period of **1 year**, ensuring higher rewards for your existing holdings.
***
#### **Key Rules and Benefits:**
1. **Boost Applies to Current Shares Only:**
* The boost is **only applicable** to the shares you hold at the time of purchasing the booster.
* For example, if you have **$1,000 worth of shares** and buy the booster, the enhanced returns will be based on that **$1,000 investment**. If you buy additional shares in the future, the booster **does not apply** to those extra shares.
2. **One-Time Booster Fee:**
* The booster requires a **one-time fee** of **12%** of the total value of the shares you want to boost. For instance, boosting a **$1,000 investment** will cost you **$120**.
* The fee is **not staked**, but is used to **buy back $STAY tokens**, contributing to reducing the token supply and driving long-term value for the ecosystem.
3. **Booster Validity:**
* The booster is **valid for 1 year**, after which you would need to purchase another booster to continue enjoying the additional 5% returns.
4. **Additional 24% Rewards:**
* The booster adds **24% extra rewards** to your regular returns, paid out in **$STAY tokens**.
* The value of the **$STAY tokens** you receive will depend on the exchange rate at the time of claiming your rewards, offering flexibility in your returns.
***
#### **Managing Your Extra Rewards:**
After receiving your boosted returns in $STAY tokens, you can choose from a variety of options to manage your earnings:
1. **Convert to USDC:**\
You can convert your **$STAY tokens** into **USDC**, a stablecoin tied to the US dollar, for more predictable and stable returns.
2. **Reinvest in Liquidity Pools:**\
Alternatively, you can reinvest your $STAY rewards into our **liquidity pool** for **compounding rewards**, helping you grow your investment even further.
***
By utilizing the **Boost Returns** feature, you not only increase your rental income but also actively contribute to the long-term growth and stability of the **$STAY token ecosystem**, benefiting both your personal investment and the broader community.
# Claim & Reinvest
Claiming Rent and Boosted Rewards
When you invest in property shares with nfstay, you can earn **two types of payouts**: **rent in USDC or STAY** and **boosted rewards in $STAY tokens** (if you've purchased a booster). Let’s break down how you claim these and what options you have for further reinvesting, including exploring the decentralized finance (DeFi) side of the project.
***
#### **1. Claiming Your Monthly Rent in USDC**
* **Rent Payments:**\
When you invest in property shares, you earn monthly rent based on the income generated by those properties. Your share of the rent is automatically distributed in **USDC**, a stablecoin that is pegged 1:1 with the US Dollar, ensuring a stable payout.
* **How to Claim:**\
The USDC rent can be claimed directly from your nfstay dashboard at the end of each monthly period. Simply log in, and your available USDC balance will be ready for withdrawal.
* **Options After Claiming Rent:**
1. **Withdraw:** Partners can opt to receive real-time streaming payouts via **Transak Stream**. Stream supports instant, compliant payouts into fiat bank accounts or crypto wallets, reducing wait times and friction for global partners.
2. **Reinvest in Property Shares:** Use your USDC to purchase more shares in properties listed on the nfstay marketplace.
***
#### **2. Claiming Your Boosted Rewards in $STAY Tokens:**
* **Boosted Rewards:**\
If you’ve purchased a booster, in addition to your monthly rent, you’ll earn **24% yearly (2% monthly) extra rewards** in **$STAY tokens**. These rewards are separate from your rent and are tied to the performance of the **$STAY token** itself.
* **How to Claim:**\
At the end of the month, your boosted rewards will be available in your account. These rewards are distributed in **$STAY tokens**, and the value of these tokens will vary based on the current exchange rate.
* **Options After Claiming $STAY:**
1. **Convert to USDC:** You can sell your $STAY tokens and convert them into USDC if you prefer more stable returns.
2. **Reinvest in Liquidity Pool:** You can also reinvest your $STAY tokens into the nfstay **liquidity pool** for **compounding rewards**. This is separate from property investments and forms part of our **DeFi** ecosystem.
***
#### **Reinvesting in the Liquidity Pool:**
Reinvesting in the liquidity pool is an optional part of the decentralized finance (DeFi) side of nfstay. When you provide liquidity, you’re contributing to a pool of tokens that supports trading activity on decentralized exchanges (DEXs). In return, you earn rewards.
* **Benefits:**\
You can earn **compounding returns** by reinvesting your $STAY tokens into the liquidity pool. These returns are based on fees generated by other users trading on the platform.
* **Risks:**\
Investing in the liquidity pool is different from investing in property shares. The **value of $STAY** can fluctuate based on market conditions, and there is also the risk of **impermanent loss**, where the value of the tokens in the pool may change relative to the market price.
***
#### **Summary:**
* **Rent (USDC):** Earned from property shares and paid out monthly in stable USDC.
* **Boosted Rewards ($STAY):** Earn additional rewards in $STAY tokens if you purchase a booster. Claim these tokens and either hold, sell them or reinvest in the liquidity pool.
* **Liquidity Pool (DeFi):** Separate from property shares, you can provide liquidity to the pool to earn compounding rewards, but this carries additional risk compared to real estate investments.
By understanding both your stable rental income and the more dynamic rewards from $STAY tokens, you can make informed decisions on how best to grow your investment.
# Treasury
Strategic Bitcoin Reserve: The MicroStrategy Standard
Inspired by MicroStrategy’s treasury strategy, nfstay allocates between 10% to 20% of the capital raised to a Bitcoin reserve. This adds an additional layer of value and long-term growth potential for investors.
#### Treasury Use Cases
**1. Bitcoin Upside Exposure**
nfstay’s Bitcoin reserve provides partners with indirect exposure to Bitcoin’s price appreciation. This ensures that, in addition to the stability of real estate, partners benefit from potential long-term gains from the hardest digital asset on the planet.
**2. Token Buyback and Burn**
The treasury operates with 90% of its holdings in Bitcoin (BTC) and 10% in nfstay’s native STAY tokens. When Bitcoin appreciates in value, the treasury rebalances by selling some BTC and buying STAY to maintain the predetermined ratio. This process is executed by a smart contract, ensuring transparency and fairness.
If STAY increases in value and exceeds 10% of the treasury’s portfolio, the smart contract will not sell STAY to rebalance—only BTC has a ceiling of 90%. This mechanism ensures the integrity of STAY’s value while leveraging Bitcoin’s growth potential.
The team reserves the right to adjust the BTC/STAY ratio as market conditions evolve, always aiming to optimize returns for partners.
**3. Liquidity Provision for Exits**
The treasury acts as a contingency liquidity provision mechanism for partners who wish to exit their investment but cannot find sufficient demand in the secondary marketplace. While the secondary market is expected to be active and robust, the Bitcoin reserve ensures that partners can exit with ease, providing confidence and stability to investors.
**4. Cash Facilitation for New Deals**
The Treasury can enable **cash-based deal acquisition**, helping us secure better terms and boosting partner returns. Once new deals fund, the capital returns to the Treasury. Alternatively, BTC can be used as collateral to secure financing, preserving BTC exposure while enabling deal flow.
**5. Strategic Market Opportunities**
The treasury can also be utilized for opportunistic investments that align with nfstay’s mission. For example, acquiring distressed properties or participating in blockchain-related innovations that complement the platform’s vision. This ensures that the treasury remains a dynamic asset, capable of adapting to emerging opportunities.
**6. Enhancement of Protocol**
Beyond financial operations, the treasury is allocated to enhance the nfstay protocol, encompassing various aspects such as research & development, marketing initiatives, and strategic collaborations.
* **Research & Development**: Efforts are focused on refining existing protocols, exploring new technologies, and innovating solutions to enhance user experience and platform functionality.
* **Marketing Strategies**: Initiatives aim to expand nfstay's reach, attract new users, and increase overall awareness of the platform.
* **Strategic Collaborations**: Partnerships with industry stakeholders foster ecosystem growth, drive adoption, and unlock new opportunities for nfstay and its community.
#### Treasury Rules & Conditions
1. **Controlled Management**\
Treasury capital is owned and managed by the nfstay team—not by partners—intended to reinforce ecosystem stability and growth.
2. **Liquidity Constraints**\
10–20% of capital is allocated to the Treasury. While it supports exits, it cannot guarantee immediate liquidity for all partners simultaneously.
3. **Fixed Asset Allocation**\
The ratio remains **90% BTC / 10% $STAY**, rebalanced by smart contract. The team may adjust allocations based on market conditions, always prioritizing partner returns.
4. **Smart Aggregation of Rebalances**\
Automated smart contract ensures transparent rebalancing once BTC exceeds 90% of the Treasury.
5. **Operational Flexibility**\
The nfstay team has discretion over when to trade Treasury assets, aiming to maximize value for partners.
6. **Risk Disclosure**\
The Treasury supports growth and liquidity but doesn’t eliminate investment risk. Partners should consider this as part of overall portfolio decision-making.
7. **Market Volatility**\
Rebalancing actions and investments are subject to market conditions. The team operates prudently but cannot guarantee price performance.
8. **On-Chain Transparency**\
All Treasury operations—including trades, rebalancing, and spending—are immutably recorded on-chain for validation by partners.
9. **Mission-Aligned Investments**\
Treasury usage for strategic investments requires alignment with nfstay’s long-term vision and partner interests.
10. **Protocol Enhancements**\
Funds support continuous improvement of nfstay’s platform, product development, and ecosystem richness.
###
# Utility Token
Learn about the tokenomics of the nfstay's protocol.
#### nfstay**.com (STAY)**
The **STAY token** it is the blood of our entire protocol. It is designed to be a **medium of exchange** within our Booking Platform, functioning as a credit for reserving stays in any of our properties. Below are the current and future use cases for our **STAY** utility token:
**Contract Address:**\
0x7F14ce2A5df31Ad0D2BF658d3840b1F7559d3EE0
***
#### **Use Cases of the STAY Token:**
**1. Revenue Generation Through Liquidity Provision in Crypto:**\
By supplying liquidity to decentralized exchanges (DEXs) and liquidity pools, investors can earn trading fees and rewards in the form of native tokens. Use STAY to provide liquidity in our **STAY/USDC Liquidity Pool (LP)** to earn rewards.
**2. Boost Your Rewards:**\
Investors can purchase a **booster** to increase in 24% their yearly rewards, which will be paid in $STAY tokens. The booster is a one-time purchase, valid for one year, and costs 12% of the value you wish to boost. This feature helps support the protocol's ecosystem by reducing token supply through the **buy-back and burn** mechanism.
**3. Voting & Governance** \
STAY tokens grant voting power within the nfstay platform. Use your token-backed vote to influence decisions like property upgrades, pricing strategies, or managerial changes—ensuring that partners are aligned with platform direction.
**4. Medium of Exchange for Direct Bookings:**\
Use **STAY** tokens to book stays at any property in the nfstay Portfolio. Currently, STAY can be used in **Liverpool** and **Manchester**, with plans to expand into other major cities globally, adding more value and utility to the community.
**5. Buy Partnership Shares (Coming Soon):**\
In the near future, investors will be able to use STAY tokens to purchase **shares** directly from our marketplace, adding another layer of functionality to our token ecosystem. This will enhance the liquidity and usability of STAY tokens within our platform.
**Note:** The value of the STAY token varies depending on **demand** and **market conditions**.
# Liquidity Pool
Provide Liquidity in our Liquidity Pool (LP) to earn STAY tokens
nfstay Pool available:
* USDC-STAY LP
```
0x2397C1722CCb6934BECF579351685A56030EA8F7
```
In order to provide Liquidity, we first have to purchase either STAY or USDC, depending on which you want to provide liquidity with.
Providing liquidity is possible on nfstay dApp using the ZAP IN button or on [Pancakeswap.finance](https://pancakeswap.finance/). To provide Liquidity on Pancakeswap, head over to the Liquidity section under the "Trade" tab. Connect your wallet (Make sure your Metamask is on the Binance Smart Chain Network). Now you have to choose a valid pair. Token A will be USDC and token B will be STAY.\
If STAY do not show up, please copy/paste the address shown below manually.
**STAY**: 0x7F14ce2A5df31Ad0D2BF658d3840b1F7559d3EE0
Click on "add liquidity" and accept the transaction in your wallet.
Now that you have provided LP, you can head over to nfstay Wallet and deposit your LP's.
***
#### **Reinvesting in the Liquidity Pool:**
Reinvesting in the liquidity pool is an optional part of the decentralized finance (DeFi) side of nfstay. When you provide liquidity, you’re contributing to a pool of tokens that supports trading activity on decentralized exchanges (DEXs). In return, you earn rewards.
* **Benefits:**\
You can earn **compounding returns** by reinvesting your $STAY tokens into the liquidity pool. These returns are based on fees generated by other users trading on the platform.
* **Risks:**\
Investing in the liquidity pool is different from investing in property shares. The **value of $STAY** can fluctuate based on market conditions, and there is also the risk of **impermanent loss**, where the value of the tokens in the pool may change relative to the market price.
# Buybacks Mechanism
A clear overview of how STAY tokens are strategically bought back and removed from circulation to ensure long-term value for partners.
The **6-Year Buyback Projection** table was meticulously calculated to provide transparency into nfstay's financial ecosystem and demonstrate the robust mechanisms supporting the value of the STAY token. Below, we detail the methodology used to derive each value, ensuring that potential investors can understand and trust the financial projections. Additionally, we highlight future growth opportunities and conservative assumptions to emphasize the platform's scalability.
#### **1. Primary Fees**
Whenever a new property deal is launched, partners enter by contributing capital (on average **£12,000 per deal** for a 4-bedroom house, covering deposit, rent, refurb, and sourcing fees).
* A **3% entry fee** is charged.
* That 3% is split equally:
* **1.5% buys BTC** for the Treasury.
* **1.5% buys STAY**, which is then burned.
This means that simply by joining a deal, every partner is helping to increase the scarcity of STAY tokens. Over dozens or hundreds of deals per year, this creates **recurring, predictable buy pressure**.
***
#### **2. Secondary Fees**
Not every partner wants to hold their position until the lease ends. Some may want to exit early for liquidity. That’s where the **secondary marketplace** comes in.
* If a partner sells their shares, a **1.5% fee** applies to the deal value.
* That entire 1.5% goes directly into **buying back STAY**, which is then burned.
So every time liquidity is created for one partner, it simultaneously creates **demand for STAY on the open market**, benefitting everyone.
***
#### **3. Boost Revenue**
Boost is where we expect the largest buyback activity. Here’s how it works:
* A partner with £10,000 in deals can choose to “boost” their earnings.
* To do so, they pay **12% of their capital (£1,200)** upfront — which goes **100% into buying STAY** and burning it.
* In exchange, they receive a **24% bonus return spread over 12 months**.
Because the incentive is strong, we conservatively expect **50% of all partners** to use Boost on their holdings. That means **half of all invested capital is driving 12% worth of buybacks each year**. This makes Boost the most aggressive engine for STAY demand.
***
#### **4. Proposals Creation Fee Buybacks**
Partners aren’t passive — they can actively shape property outcomes by submitting proposals (for example: refurbishing a kitchen, repainting a property, or adjusting strategy).
* To submit a proposal, the partner must pay a **$25 fee in STAY tokens**.
* Those tokens are burned permanently.
This ensures that governance activity itself directly fuels STAY scarcity. As the platform scales to hundreds of properties, the number of proposals will grow significantly.
***
#### **5. Treasury Buyback**
The nfstay Treasury operates with a fixed **90% BTC / 10% STAY** allocation.
* If STAY rises above 10%, the excess is burned.
* If BTC rises above 90% due to appreciation, a portion of BTC is sold to buy STAY, rebalancing the ratio.
Since Bitcoin’s historical annual average growth is **\~30%**, we expect this mechanism to be a **consistent and powerful driver of STAY buybacks**. The stronger BTC performs, the more STAY gets bought and burned.
***
**Treasury Integration:**
1. **BTC Upside = STAY Upside**: Treasury rebalancing ensures that every BTC bull cycle injects further:
* STAY tokens purchased by the Treasury are not burned. Instead, they are held as part of the **90% Bitcoin / 10% STAY reserve strategy**, bolstering the Treasury’s strength and flexibility.
2. **No Selling of Treasury-Owned STAY**:
* As per the Treasury rules, STAY tokens held by the Treasury are **never sold**. This means these tokens are effectively removed from circulation, further enhancing their scarcity.
3. **Vital Source of Buying Pressure**:
* The Treasury’s regular buybacks of STAY tokens from the market create a **significant and ongoing source of buying pressure**, driving demand for the token and contributing to its long-term value appreciation.
***
#### Key Benefits of the Updated Strategy:
1. **Sustained Scarcity**:
* Buybacks of STAY tokens from marketplace fees, booster fees, and proposal fees, ensures a constant reduction in the circulating supply.
2. **Treasury-Driven Demand**:
* The Treasury’s rule to **buy but never sell** STAY tokens effectively removes these tokens from circulation, creating a powerful mechanism for driving demand and scarcity.
3. **Aligned Growth**:
* The combined effects of the Incinerator and the Treasury strengthen the protocol’s tokenomics, aligning incentives for token holders and the ecosystem’s long-term growth.
***
# Contracts & Wallets
Here's our list of contracts:
**Treasury**: 0x6eb06e1078cfbdCF9a3387584a8D934D85Ea1436
**$STAY:** 0x7F14ce2A5df31Ad0D2BF658d3840b1F7559d3EE0
**ROCKS:** 0x6D635dc4a2A54664B54dF6a63e5ee31D5b29CF6e
**LP TOKEN:** 0x2397C1722CCb6934BECF579351685A56030EA8F7
**Printer:** 0xeF0EA46b49f593811D63e1237Cc20f96A8eB7869
**Farming:** 0x3b937d513a3C5ebE5168E3fFdb6028AE6cc32115
**Marketplace:** 0x5bA49a1F0b88fBf55105e3c33904bCf9f62338d1
**ZAPPER:** 0xd81F022452AF5fF85dCFED4AE3AF5220bfC12A91
**Swapper:** 0x8961524Bec200140501d656b48d451f6d1230661
**Referral:** 0xE9a3Ec35d1A589465DbDD4Fb68172a5E50dD4403
# Smart Contract Audit
Our smart contracts are currently being Audited by Cyberscope (https\://www\.cyberscope.io/)
nfstay.com (STAY):
# Roadmap
Our vision
### 2024/25 Roadmap
***Q4 2023:***\
\
✅ Targeting 100 properties\
✅ New NFsTay Dashboard Launch & Referral System \
✅ Addition of 24 Brand new units in Manchester to The Portfolio
***Q1/Q2 2024 -*** Phase 2***:***\
\
Portfolio Worldwide Expansion - Exploring markets beyond the UK (under progress)\
Improvement of Protocol and Integration of the STAY Token (under progress)\
\
***Q3/Q4 2024:***\
\
Targeting 500 properties under management\
Virtual Reality Property Viewings \
Launch of Exclusive NFsTay Debit Card/Ring/Bracelet \
Exclusive Airport Lounge Access\
\
***Q1/Q2 2025:***\
\
Property Management as a Service (under development - beta)\
Property Sourcing as a Service (under development - beta)\
Addition of our own Booking System to the NFsTay Dashboard (under development - beta)
***Q3/Q4 2025:***
Expanding to 10,000 properties, establishing a global presence by 2026.
# Printer
Earn STAY tokens by Staking your ROCKS
```
0xeF0EA46b49f593811D63e1237Cc20f96A8eB7869
```
Welcome to the Printer, where users embark on a journey of earning rewards by staking their ROCK NFTs. Whether you hold just one ROCK or a multitude, our tiered system ensures that every participant is rewarded according to their level of commitment.
We have crafted a dynamic staking system where users can leverage their ROCK NFTs to earn STAY tokens as rewards. This staking mechanism operates across 10 distinct tiers, each offering varying rewards based on the number of ROCK NFTs held by the user.
At each tier, users are presented with an opportunity to enhance their rewards further by opting to boost their rewards by locking STAY tokens (3 weeks locking period). This strategic boost empowers users to maximize their earning potential within the Printer ecosystem and simultaneously diminishing the circulation supply of STAY, giving a positive feedback loop and helping support stability and growth of the STAY token.
In summary, the Printer section of our whitepaper outlines a comprehensive staking system that incentivizes users to stake their ROCK NFTs, with rewards scaling according to the number of ROCKs held. Through strategic boosting and optional STAY token locking, users can optimize their earning potential while actively contributing to the growth and stability of the ecosystem.\
\
***Example:***\
\
Let's delve into a scenario where a user initially acquires one ROCK NFT, placing them in Level 1 of our staking program. Each ROCK NFT is priced at $500, reflecting a total investment of $500 for the user. Additionally, to participate in Level 1, users must acquire a badge priced at $62.50, bringing the total initial investment to $562.50. Despite the seemingly modest investment, their annual reward amounts to 15,000 STAY tokens, a testament to the inclusivity of our rewards system.
However, the opportunities for earning don't end there. Users at Level 1 have the option to boost their staking rewards by locking an additional 12,500 STAY tokens for a duration of 3 weeks. By doing so, their annual reward escalates to 17,500 STAY tokens, showcasing the potential for exponential growth within our ecosystem, even with a single ROCK NFT.
This example underscores our commitment to ensuring that every participant, regardless of their initial investment, has the opportunity to reap meaningful rewards from their engagement with our staking platform. Through the Printer section of our whitepaper, we aim to empower users to take control of their financial future while contributing to the vibrancy of our community.Epoch Duration: 8 hours
**Distribution of STAY during Expansion:** \
\
• LEVEL 1 - Rent Saver (1-5 ROCKS)\
Badge cost: $62.50\
Return in STAYS/year per ROCK: 15,000.00\
APR BOOST: LOCK 12,500.00 STAY\
Return in STAY/year per ROCK with BOOST: 17,500.00
• LEVEL 2 - Studio Pioneer (6-15 ROCKS)\
Badge cost: $187.50\
Return in STAYS/year per ROCK: 17,500.00\
APR BOOST: LOCK 37,500.00 STAY\
Return in STAY/year per ROCK with BOOST: 20,000.00
• LEVEL 3 - Apartment Investor (16-25 ROCKS)\
Badge cost: $312.5\
Return in STAYS/year per ROCK: 20,000.00\
APR BOOST: LOCK 62,500.00 STAY\
Return in STAY/year per ROCK with BOOST: 22,500.00
• LEVEL 4 - Home Strategist (26-35)\
Badge cost: $437.5\
Return in STAYS/year per ROCK: 22,500.00\
APR BOOST: LOCK 87,500.00 STAY\
Return in STAY/year per ROCK with BOOST: 25,000.00
• LEVEL 5 - Development Explorer (36-50 ROCKS)\
Badge cost: $625.00\
Return in STAYS/year per ROCK: 25,000.00\
APR BOOST: LOCK 125,000.00 STAY\
Return in STAY/year per ROCK with BOOST: 27,500.00
• LEVEL 6 - Commercial Dweller (51-75)\
Badge cost: $937.50\
Return in STAYS/year per ROCK: 26,250.00\
APR BOOST: LOCK 187,500.00 STAY\
Return in STAY/year per ROCK with BOOST: 28,750.00
• LEVEL 7 - Luxury Connoisseur (76-100)\
Badge cost: $1,250.00\
Return in STAYS/year per ROCK: 27,500.00\
APR BOOST: LOCK 250,000.00 STAY\
Return in STAY/year per ROCK with BOOST: 30,000.00
• LEVEL 8 - Business Tycoon (101-150)\
Badge cost: $1,875.00\
Return in STAYS/year per ROCK: 28,500.00\
APR BOOST: LOCK 375,000.00 STAY\
Return in STAY/year per ROCK with BOOST: 31,250.00
• LEVEL 9 - Real Estate Mogul (151-250)\
Badge cost: $3125.0\
Return in STAYS/year per ROCK: 30,000.00\
APR BOOST: LOCK 625,000.00 STAY\
Return in STAY/year per ROCK with BOOST: 32,500.00
• LEVEL 10 - The World is Yours (251+)\
Badge cost: $6,250.00\
Return in STAYS/year per ROCK: 32,500.00\
APR BOOST: LOCK 1,250,000.00 STAY\
Return in STAY/year per ROCK with BOOST: 35,000.00
#### Boardroom UI Available information
**Staked ROCKS** indicates a number already deposited into the Printer smart contract by each individual user.\
\
**Locked STAYS** indicates the number of STAY tokens locked for APR BOOST. A countdown timer on the top right hand corner marks the locking period. Each time a user interact (deposit or withdraw) with the BOOST APR smart contract, the Countdown resets to 21 days.\
\
**APR** refers to the simple returns in USD value relative to the number of ROCKS staked. *Note:* *APR fluctuates from time to time and is solely dependent on the* price of STAY*. The APR displayed in the Printer assumes a ROCK* valued at $500.\
\
**Unclaimed Rewards** indicates the number of rewards already earned and waiting to be claimed. The USD amount is based on the current price of STAY. This amount is an estimate as there could be delays on fetching live price from the oracle.
####
###
# Particle Network
An overview of Wallet-as-a-Service solutions and their many advantages.
### Understanding Wallet-as-a-Service
Wallet-as-a-Service represents a **fundamental shift** in how users, especially non-Web3-natives, **onboard and interact with decentralized applications**. Wallet-as-a-Services leverages **non-custodial key management mechanisms to facilitate account creation** through familiar **social accounts**, upon which interaction with these accounts happens through an interface embedded within an application. Onboarding users through traditional means (OAuth) and then keeping on-chain interactions confined within a given application, rather than requiring extension downloads or external applications, enables a user experience (UX) flow that feels familiar and natural to end-users.
The resulting account from this novel onboarding process is generally an Externally-Owned-Account (EOA). However, some Wallet-as-a-Service providers, such as Particle Network, use these EOAs as signers (owners) for smart accounts, thus bringing the power of account abstraction directly to accounts generated via WaaS, further increasing the possibilities for powerful UX.
# Sumsub
A single, secure verification platform that is efficient, compliant, and free of country-specific barriers.
What is KYC compliance?
KYC compliance is a set of measures that regulated entities need to perform to meet AML requirements. These may include certain procedures for identifying and verifying personal information, such as names, addresses, passports or ID cards, and more. These requirements help ensure that financial institutions and other businesses are not facilitating criminal activity. To ensure KYC compliance, companies often use specialized KYC solutions or KYC-as-a-service providers that enable them to automate the process of customer verification.
# Wert.io
Fiat onramp that removes the barriers
Buy Property shares in 60 seconds.\
\
With Wert, our users can to instantly purchase crypto, deposit fiat or top-up a wallet. No deposits, no commissions, sleek UI.\
\
Compliant and regulated - A trusted partner
Wert is a regulated entity with licenses in EU and US. By leveraging Wert’s licenses and approvals we avoid unnecessary regulatory burdens and focus on what’s important — our Property Portfolio growth.
# How-tos
Step 1. Login to your [Binance.com](https://www.binance.com/en) account.
Step 2. Select the buy crypto button at the top left.[ ]()
Step 3. Select the Credit/Debit Card from the dropdown.
Step 4. Select the Fiat currency you would like to deposit and the amount. Then select the cryptocurrency you would like to purchase.
Step 5. Select the continue button.
Step 6. Select the add new card option and enter your card details and billing address. The details will be saved for future purchases.
Step 7. Once you have successfully added your card select continue.
Step 8. Check your transaction details and confirm your order. ***You need to confirm your details within the 10 second window with crypto prices changing constantly if you do not confirm in time you will need to select the refresh button.***
Step 9. You will be redirected to your bank's OTP Transaction Page. Follow the on-screen instructions to verify the payment.
Step 10. Select the wallet dropdown and select Fiat and Spot and you will be able to see the crypto in your Binance wallet.
# Connect Wallet & Safety
# Buy Crypto with CARD
# Mint ROCKS
# How to Stake ROCKS
Please find a step by step guide on how to Stake ROCKS
## 1) Connect Metamask Wallet
Please, click CONNECT on the top hand side. Make sure you are on the BSC (Binance Smart Chain) Network. You will need to confirm the action using your Metamask.
## 2) Go to the Boardroom
Click Boardroom on the Menu\
## 3) Approve ROCKS
Click Approve ROCKS. You will need to confirm the action using your Metamask.
## 4) Staking ROCKS
Please click on the + BUTTON. A pop-up page will show, choose the amount of ROCKS or simply click MAX to choose how many ROCKS to Stake. You will need to confirm the action using your Metamask. If the page is not showing as the screenshot below after a successful approval. Please, simply refresh the page.
## 5) What's next?
Now sit back, relax and wait for the countdown to reach 0. \
Payments are periodically executed every 8 hours. Please refer to the [Boardroom](broken://pages/EclRaSbls8a0jhLpOtxR#boardroom-distribution) page for more details.
# Page
# How to buy crypto on the NFsTay Dashboard
Step 1. Login to your [Binance.com](https://www.binance.com/en) account.
Step 2. Select the buy crypto button at the top left.[ ]()
Step 3. Select the Credit/Debit Card from the dropdown.
Step 4. Select the Fiat currency you would like to deposit and the amount. Then select the cryptocurrency you would like to purchase.
Step 5. Select the continue button.
Step 6. Select the add new card option and enter your card details and billing address. The details will be saved for future purchases.
Step 7. Once you have successfully added your card select continue.
Step 8. Check your transaction details and confirm your order. ***You need to confirm your details within the 10 second window with crypto prices changing constantly if you do not confirm in time you will need to select the refresh button.***
Step 9. You will be redirected to your bank's OTP Transaction Page. Follow the on-screen instructions to verify the payment.
Step 10. Select the wallet dropdown and select Fiat and Spot and you will be able to see the crypto in your Binance wallet.
# How to buy crypto through Binance
Step 1. Login to your [Binance.com](https://www.binance.com/en) account.
Step 2. Select the buy crypto button at the top left.[ ]()
Step 3. Select the Credit/Debit Card from the dropdown.
Step 4. Select the Fiat currency you would like to deposit and the amount. Then select the cryptocurrency you would like to purchase.
Step 5. Select the continue button.
Step 6. Select the add new card option and enter your card details and billing address. The details will be saved for future purchases.
Step 7. Once you have successfully added your card select continue.
Step 8. Check your transaction details and confirm your order. ***You need to confirm your details within the 10 second window with crypto prices changing constantly if you do not confirm in time you will need to select the refresh button.***
Step 9. You will be redirected to your bank's OTP Transaction Page. Follow the on-screen instructions to verify the payment.
Step 10. Select the wallet dropdown and select Fiat and Spot and you will be able to see the crypto in your Binance wallet.
# How to withdraw USDC to Binance from Metamask Wallet
Step 1. Login to your [Binance.com](https://www.binance.com/en) account.
Step 2. Select the wallet button on the right side of the screen and select Fiat and Spot in the dropdown
Step 3. Select the yellow deposit button.
Step 4. Select the Deposit crypto button.
Step 5. Click on select coin and type in BUSD then Under network select "BSC BNB smart chain network(BEP20)".
Step 6. Copy the address by selecting the square icon.
Step 7. Open up your Metamask in the top right corner under extensions.
Step 8. Select BUSD.
Step 9. Under the “ send to” button paste the address you copied from Binance.
Step 10. Select “ asset” and choose BUSD just under that select the amount you would like to transfer you don't have to worry about Gas price and gas limit all you have to do is select next.
Step 11. Go back to Binance and your BUSD will be in your Fiat and Spot Wallet.
# Email
Feel free to contact us directly through our telegram group: or contact us via our e-mail
# NFsTay Joint Venture Terms & Conditions
Please read these Terms carefully before participating in any property partnership through the Platform.
**1. About the Website**
1.1 Welcome to [www.nfstay.com](http://www.nfstay.com) (the 'Website'). This Website is operated by The Nfstay Holdings FZE LLC, a Dubai-registered company (referred to as 'nfstay,' 'we,' 'our,' or 'us'). 1.2 By accessing and using the Website, you signify your agreement to these Terms and Conditions (the 'Terms'). If you do not agree with these Terms, you must immediately discontinue using the Website. 1.3 nfstay reserves the right to update or amend the Terms at its sole discretion. Changes will take effect immediately upon posting. You are encouraged to review the Terms periodically.
***
**2. Acceptance of the Terms**
2.1 By remaining on the Website, you acknowledge that you have read, understood, and agree to be bound by these Terms. 2.2 The "Terms" include:
* These Terms and Conditions
* Our Privacy Policy
* Our Cookie Policy 2.3 The Website operates under the laws of Dubai, UAE. Services provided are not financial or custodial services under UAE law and do not require special licensing. You are responsible for ensuring that access and use of the Website comply with applicable laws in your jurisdiction.
***
**3. Registration to Use the Services**
3.1 Access to certain Services may require account registration ('Account'). 3.2 You may be required to provide personal information, such as:
* A valid email address
* A physical address
* A password 3.3 You warrant that all information provided is accurate, complete, and up to date. 3.4 You must be at least 18 years old and not barred by any jurisdiction from accessing or using the Services.
***
**4. User Obligations**
4.1 As a User, you agree to:
* Use the Services in compliance with applicable laws and the Terms.
* Maintain the confidentiality of your login credentials and immediately notify us of unauthorized access.
* Avoid using the Services for illegal, unauthorized, or commercial purposes unless explicitly approved by nfstay. 4.2 Automated use of the Website or Services is strictly prohibited.
***
**5. The Services**
5.1 nfstay provides:
* Opportunities for fractional ownership of real estate assets.
* A secondary marketplace for transferring ownership interests.
* Strategic Bitcoin reserves as part of the asset model. 5.2 The exact services and their availability may evolve over time. Updates will be reflected on the Website.
***
**6. Third-Party Services and Content**
6.1 In no event shall a description or reference to a third-party product or service (including, but not limited to, providing a description or reference via hyperlink) be construed as an endorsement or promotion of such third-party products or services by nfstay.
6.2 **Third-Party Service Providers**: The platform integrates services from trusted third-party partners to enhance the user experience. While these services are integral to platform functionality, nfstay is not responsible for the performance, availability, or actions of these third parties. Key partners include:
* **Particle Network**: Provides Wallet-as-a-Service (WaaS), enabling seamless onboarding and interaction with decentralized applications. This service uses non-custodial key management mechanisms for account creation via familiar social accounts and integrates a user-friendly interface. Particle Network’s WaaS enhances the experience by leveraging Externally-Owned-Accounts (EOAs) and smart accounts, offering advanced account abstraction features.
* **Sumsub**: Offers Know-Your-Customer (KYC) and Anti-Money Laundering (AML) compliance services. These measures ensure the verification and identification of personal information, such as names, addresses, and ID documentation, to prevent criminal activity. Sumsub automates the customer verification process, ensuring compliance with regulatory standards.
* **Wert**: Facilitates fiat on-ramp services and payment processing. Users can instantly purchase crypto, deposit fiat, or top up their wallets with no deposits or commissions. Wert operates under regulatory compliance with licenses in the EU and US, allowing nfstay to focus on property portfolio growth without undue regulatory burden.
6.3 nfstay retains the exclusive right to add to, modify, or cancel the availability of any third-party service at its discretion.
6.4 Users are solely responsible for their interactions with third-party services. By granting third-party service providers access to your account, you acknowledge that such interactions are at your own risk and do not relieve you of any responsibilities under these Terms.
***
**7. Copyright and Intellectual Property**
7.1 All content on the Website, including text, graphics, code, and design, is protected by copyright and other intellectual property laws. 7.2 You are granted a limited license to use the Website for personal, non-commercial purposes. All other rights are reserved by nfstay.
***
**8. Privacy**
8.1 Your use of the Website is subject to our Privacy Policy, which details how we collect, use, and protect your personal information.
***
**9. Disclaimer**
9.1 The Website and Services are provided "as is" without warranties of any kind. 9.2 nfstay is not liable for:
* Losses resulting from errors, interruptions, or unauthorized access.
* Third-party content or external links.
* Any decision made based on Website content.
***
**10. Limitation of Liability**
10.1 nfstay is not liable for indirect, incidental, or consequential damages, including lost profits or business opportunities.
***
**11. Termination**
11.1 You or nfstay may terminate these Terms at any time. 11.2 nfstay reserves the right to suspend or terminate access to the Website or Services for violations of these Terms.
***
**12. Indemnity**
12.1 You agree to indemnify nfstay against any claims, losses, or liabilities arising from your use of the Website or breach of these Terms.
***
**13. Dispute Resolution**
13.1 In the event of a dispute:
* Notify the other party in writing of the dispute's nature and desired resolution.
* Attempt resolution through negotiation within 14 days.
* If unresolved, mediation may be sought via the Dubai Chamber of Commerce.
***
**14. Governing Law and Jurisdiction**
14.1 These Terms are governed by Dubai law, with disputes subject to the exclusive jurisdiction of Dubai courts.
***
**15. Severability**
15.1 If any part of these Terms is deemed unenforceable, the remaining provisions shall remain in effect.
***
**16. Independent Legal Advice**
16.1 Both parties confirm they have had the opportunity to seek legal advice and agree that these Terms are fair and reasonable.
# Privacy Policy
Last revised: March 2023
This Privacy Policy constitutes a part of The Nfstay Holdings’s Terms and Conditions (the “Terms”). The terms used in this Privacy Policy shall have the same meanings as in the Terms except as otherwise provided herein.
This Privacy Policy explains how The Nfstay Holdings and The Nfstay Holdings Operators collect, use, process, disclose, share, transfer, and protect personal information obtained through The Nfstay Holdings and its partners. The terms “we,” “us,” and “our” refer to The Nfstay Holdings and The Nfstay Holdings Operators. When we ask for certain personal information from users, it is because we are required by applicable laws or government orders to collect such information or it is relevant for our specified purposes. Please refer to the separate Cookies Policy for the exact use of cookies.
Please carefully read the full content of this Privacy Policy. When visiting the The Nfstay Holdings website [www.nftstay.com](http://www.nftstay.com) regardless of whether or not you register for or log in, you acknowledge, understand, and consent to all articles described in this Privacy Policy. We will not use your personal information for any purpose not covered in this Privacy Policy, the Cookies Policy or the Terms without prior notification to you and your consent.
This Privacy Policy has incorporated elements from the General Data Protection Regulation (GDPR) as we act in accordance with its personal information processing rules within the European Economic Area (EEA). We utilize standard contract clauses, rely on the European Commission's adequacy decisions about certain countries, as applicable, and obtain your consent for these data transfers to third countries if required by applicable laws.
1\. TYPES OF DATA WE COLLECT
The types of Personal Data that we collect directly from you or third parties depend on the circumstances of collection and the nature of the service requested or transaction undertaken. It may include (but is not limited to):
(a) personal information that links back to an individual, e.g., name, date of birth, and other personal identification numbers;
(b) contact information, e.g., address, phone number and email address and Binance, Etherium or other network wallet address;
(c) technical information, e.g., IP address for API services and logins
(d) statistical data, e.g., hits to the website.
2\. HOW DO WE COLLECT PERSONAL DATA?
This Privacy Policy covers any Personal Data provided to us:
(a) when you engage with our products and services;
(b) when you create an account with us;
(c) under any other contractual agreement or arrangement;
Some of the other ways we may collect Personal Data shall include (but are not limited to):
(a) communications with you via telephone, letter, fax, and email;
(b) when you visit our website;
(c) when you contact us in person;
(d) when we contact you in person;
(e) when we collect information about you from third parties (such as the social graphs available from social media companies); and other channels including our support helpdesk.
(f) Possible extrapolation of other information by processing the data.
3\. WHAT OTHER DATA DO WE COLLECT?
From our website and services, we collect your Personal Data in the following ways:
(a) IP address
We use your IP address to help diagnose problems with our server and to administer our website. IP addresses are not linked to personally identifiable information.
(b) Cookies
A cookie is an element of data that a website can send to your browser, which may then store it on your system. We use cookies on some of our pages to store your preferences and record session information. The information that we collect is then used to ensure a more personalized service level for our users.
Please refer to our Cookie Policy for the exact information on how we use cookies.
Information collected from cookies is used by us to evaluate the effectiveness of our site, analyze trends, and manage the platform. The information collected from cookies allows us to determine such things as which parts of our site are most visited and difficulties our visitors may experience in accessing our site.
With this knowledge, we can improve the quality of your experience on the platform by recognizing and delivering more of the most desired features and information, as well as by resolving access difficulties. We may also use cookies and/or a technology known as web bugs or clear gifs, which are typically stored in emails to help us confirm your receipt of, and response to our emails and to provide you with a more personalized experience when using our site, or allow third-party service providers to do this.
Your continued use of this site, as well as any subsequent usage, will be interpreted as your consent to cookies being stored on your device.
Log in information can potentially be saved in cookies. Therefore it is important that you prevent unauthorized access to your password and your computer. If you use a shared computer, you should always log out properly and clear the browser for cookies.
(c) User feedback form
Our feedback form requires you to give us contact information (e.g. your name and email address) so that we can respond to your comments. We use your contact information from the registration form to send you information about our company. Your contact information is also used to contact you where necessary.
(d) Site tracking
We also use third-party service provider(s), to assist us in better understanding the use of our site. Our service provider(s) will place cookies in the memory of your computer and will receive information that we select, for example, how visitors navigate around our site, what pages are browsed and general transaction information. Our service provider(s) analyzes this information and provides us with aggregate reports. The information and analysis provided by our service provider(s) will be used to assist us in better understanding our visitors’ interests in our site and how to better serve those interests. The information collected by our service provider(s) may be linked to and combined with information that we collect about you while you are using the platform. Our service provider(s) is/are contractually restricted from using information they receive from our Site other than to assist us.
4\. WHAT DO WE USE YOUR PERSONAL DATA FOR?
We may use your Personal Data for the following “Core Purposes”:
(a) to enable us to provide our services and perform our services to you;
(b) to protect the safety and well being of yourself and/or other customers;
(c) to investigate and respond to claims and inquiries from you;
(d) for business development purposes such as statistical and marketing analysis, systems testing, maintenance and development, customer surveys or to help us in any future dealings with you, for example by identifying your requirements and preference;
(e) to comply with any legal or regulatory requirements; and/ or
(f) for all other purposes ancillary to any of the purposes stated above.
Ancillary to these “Core Purposes”, we reserve the right to use your data in the following ways:
(g) to communicate offers, products, services and information on products and activities;
(h) marketing/cross-marketing and communicating with you in relation to products and services offered by us and our service partners as well as our appointed agents; and/or
(i) for all other company-related purposes ancillary to any of the purposes stated above.
5\. ACCESSING / CORRECTING / UPDATING YOUR PERSONAL DATA
Depending on your country of residence and its legislation, you may have the right to request from us a copy of your personal data, as well as to delete your personal data, make amendments to it or restrict its processing. We will endeavour to provide the information back to you as soon as practicable. However, we also reserve the right to validate all requests for the authenticity of the request.
You may be requested to provide us with your personal data, such as KYC documents in specific situations to comply with legal and regulatory requirements or in case of a dispute between you and The Nfstay Holdings. In such cases The Nfstay Holdings expects you to provide us with such requested information for further processing and actions.
We hope to ensure that you are fully aware of the data protection rights that you enjoy. Unless otherwise required by law or government orders, each User has the following rights:
5.1 Right of Access
You have the right to access or obtain copies of your personal information. We may charge a reasonable fee for providing the access service.
5.2 Right to Rectification
You have the right to correct your personal information that you deem inaccurate. You also have the right to ask us to complete the personal information that you deem incomplete within a reasonable limit.
5.3 Right to Erasure (Right to be Forgotten)
You have the right to request the erasure of your personal data under certain circumstances.
5.4 Right to Restriction of Processing
Under certain circumstances as required by law or as specifically reminded by us, you have the right to request us to restrict the processing of your personal information; however, you understand that such restriction of the processing may prevent us from providing you with some of the The Nfstay Holdings Services.
5.5 Right to Object
Under certain circumstances as required by law or as specifically reminded by us, you have the right to object to the processing of your personal information; however, you understand that such objection to the processing may prevent us from providing you with some of the The Nfstay Holdings Services.
5.6 Right to Data Portability
Under certain circumstances as required by law or as specifically reminded by us, you have the right to request us to transmit the personal information that we collect to another body, or directly to you. We may charge a reasonable fee for providing the transmission service.
6\. WITHDRAWING CONSENT
Please note that it is obligatory for the Company to process your Personal Data for the Core Purpose as stated above, without which some services or features provided by The Nfstay Holdings may be affected. If we do not have your consent to process your Personal Data for Ancillary Purposes, we will not be able to keep you updated about our future, new and/or enhanced services and products.
Nevertheless, you may stop receiving promotional activities by:
(a) unsubscribing from the mailing list(s);
(b) editing the relevant account settings to unsubscribe; or
(c) sending a request via our Contact Us form on [www.airrock.io](http://www.airrock.io)
7\. TO WHOM DO WE DISCLOSE YOUR PERSONAL DATA?
We will not trade or sell your Personal Data to third parties. Your Personal Data shall only be disclosed or transferred to the following third parties appointed or authorised by the Company for the fulfilment of the Purpose of (a) data warehouses; (b) IT service providers; (c) data analytics and/or marketing agency; (d) legal bodies as permitted or required by law such as in compliance with a warrant or subpoena issued by a court of competent jurisdiction; and/or (e) regulatory authorities applicable to you; and/or (f) safety and security personnel. In addition to the above, your Personal Data may also be disclosed or transferred to any of the Company’s actual and potential assignees, transferees or acquirers (including our affiliates and subsidiaries) or our business, assets or group companies, or in connection with any corporate restructuring or exercise including our restructuring to transfer the business, assets and/or liabilities. We shall take practical steps to ensure that their employees, officers, agents, consultants, contractors and other third parties mentioned above who are involved in the collection, use and disclosure of your Personal Data will observe and adhere to the terms of this Privacy Policy.
8\. HOW LONG WILL WE RETAIN YOUR PERSONAL DATA?
The Company may store data in global hosting providers with servers across various regions and we shall take all reasonable steps to ensure that all Personal Data is destroyed or permanently deleted when no longer required for the Purpose of the company, and prepare a disposal schedule for inactive data after a 24 month period.
The Nfstay Holdings implements various security measures to ensure that your personal data is stored safely and is not compromised in any way. At the same time, The Nfstay Holdings cannot in good faith guarantee that a data breach is not possible since no security measure is able to provide absolute protection. It is advised for Users to take their own safety measures such as 2-Factor Authentication or other measures not provided by The Nfstay Holdings. If you suspect that your account information or your personal data has been compromised, you should contact The Nfstay Holdings Support as soon as possible.
9\. LINKS TO THIRD PARTY WEBSITES
We may link this website and/or our applications to other companies’ or organizations’ websites (collectively, “Third Party Sites”). This Privacy Notice does not apply to such Third Party Sites as those sites are outside our control. If you access Third Party Sites using the links provided, the operators of these sites may collect your personal information. Please ensure that you are satisfied with the privacy statements of these Third Party Sites before you submit any personal information. We try, as far as we can, to ensure that all third party linked sites have equivalent measures for the protection of your personal information, but we cannot be held responsible legally or otherwise for the activities, privacy policies or levels of privacy compliance of these Third-Party Sites.
10\. ADDITIONAL INFORMATION OR ASSISTANCE
Please note that this Privacy Policy may be amended from time to time in accordance with applicable laws and regulations and such variations may be applicable to you.
For further inquiries or complaints in relation to our handling of your Personal Data or our Privacy Policy or if you wish to access, update or amend your Personal Data as mentioned above please contact us at
# Cookies Policy
Last revised: March 2023
About this Policy
Our Privacy Policy explains our principles when it comes to the collection, processing, and storage of your personal information. This policy explains the use of cookies in more details, such as what cookies are and how they are used. However, to get a full picture of how we handle your privacy this policy should be read together with our Privacy Policy.
What are cookies?
Cookies are text files, containing small amounts of information, which are downloaded to your browsing device, such as your computer, mobile device or smartphone, when you visit our website or use our services. Cookies can be recognised by the website that downloaded them — or other websites that use the same cookies. This helps websites know if the browsing device has visited them before.
We use two types of cookies: persistent cookies and session cookies. A persistent cookie lasts beyond the current session and is used for many purposes, such as recognizing you as an existing user, so it’s easier to return to us and interact with our services. Since a persistent cookie stays in your browser, it will be read by us when you return to one of our sites or visit a third-party site that uses our services. Session cookies last only as long as the session (usually the current visit to a website or a browser session).
Do I need to accept cookies?
No, you do not need to accept cookies. But, please be advised that if you do not accept cookies the service might be difficult or impossible to use.
You can adjust settings on your browser so that you will be notified when you receive a cookie. Please refer to your browser documentation to check if cookies have been enabled on your computer or to request not to receive cookies. As cookies allow you to take advantage of some of the Website’s essential features, we recommend that you accept cookies. For instance, if you block or otherwise reject our cookies, you will not be able to use any products or services on the website that may require you to log in.
What are the cookies used for?
Functional Cookies
Functional cookies are essential to provide our services as we want to provide them. They are used to remember your preferences on our website and to provide an enhanced and personalised experience. The information collected by these cookies is usually anonymised, so we cannot identify you personally. Functional cookies do not track your internet usage or gather information that could be used for selling advertising. These cookies are usually session cookies that will expire when you close your browsing session, but some are also persistent cookies.
Essential or ‘Strictly Necessary’ Cookies
These cookies are essential to providing our services. Without these cookies, parts of our website will not function. These cookies do not track where you have been on the internet and do not remember preferences beyond your current visit and do not gather information about you that could be used for marketing purposes. These cookies are usually session cookies which will expire when you close your browsing session.
Analytical Performance Cookies
Analytical performance cookies are used to monitor the performance of our website and services, for example, to determine the number of page views and the number of unique users a website has. Web analytics services may be designed and operated by third parties. The information provided by these cookies allows us to analyse patterns of user behaviour and we use that information to enhance user experience or identify areas of the website which may require maintenance. The information is anonymous, cannot be used to identify you, does not contain personal information and is only used for statistical purposes
Advertising Cookies
These cookies remember that you have visited a website and use that information to provide you with content or advertising which is tailored to your interests. They are also used to limit the number of times you see an advertisement as well as help measure the effectiveness of the advertising campaign. The information collected by these cookies may be shared with trusted third-party partners such as advertisers.
We may update this Cookie Policy from time to time for operational, legal or regulatory reasons.
If you have any questions regarding our policy on cookies please contact
# Disclaimer
Please read the following information before participating in any offerings or services provided by nfstay. This notice applies to all individuals interacting with our platform, website or app.
#### **Risk Assessment and User Responsibility**
Investing in fractional ownership through nfstay is a serious financial decision. While the platform is designed to offer an accessible entry point into real estate investments backed by tangible assets and the Strategic Bitcoin Reserve, users must perform their due diligence before participating. \
\
nfstay operates as a general partnership and not as a passive investment vehicle. This means that every co-owner is an active partner, with a direct and ongoing role in managing the property. Through our platform, all major decisions—whether related to tenant approval, property management strategies, or significant renovations—are made collectively by the co-owners through a democratic voting system. Each partner has an equal voice, ensuring transparency and control over the property’s future. Unlike passive investments where investors relinquish control, nfstay empowers co-owners to take part in the daily operations and strategic direction of their assets. Our easy-to-use technology enables seamless participation, allowing every partner to engage in key decision-making processes. This ensures that co-ownership is collaborative and active, making nfstay a true general partnership where all partners share equal responsibility for the property’s success. While nfstay facilitates co-ownership, it is important to note that nfstay is not a registered investment advisor, broker-dealer, or financial planner. The content and materials available on this platform, including property details and investment projections, should not be interpreted as offers to sell, solicitations to buy, or recommendations regarding any security or investment opportunity. Users are solely responsible for determining whether an investment aligns with their individual financial goals, risk tolerance, and portfolio strategy. Given the risks associated with real estate investments—such as market volatility, liquidity challenges, and potential loss of capital—nfstay strongly encourages users to consult with licensed financial planners, legal counsel, or tax professionals before making any decisions based on the opportunities presented on the platform. nfstay does not guarantee the performance, appreciation, or capital returns of any real estate investment offered. By participating in co-ownership or fractional ownership opportunities, users acknowledge the inherent risks, including fluctuations in property values, tenant risks, regulatory changes, and broader economic factors that may influence investment performance. Additionally, all co-ownership agreements facilitated by nfstay are designed to comply with relevant UK regulations, including the Financial Services and Markets Act (FSMA), and adhere to robust anti-money laundering (AML) and know-your-customer (KYC) standards. Independent legal and regulatory oversight, provided by Frederik Lund, ensures nfstay operates in full compliance with industry best practices. By accessing or using the platform, users agree to nfstay’s Terms of Service, Privacy Policy, and all applicable disclosures related to the specific investment products being considered.
* **Real Estate Investments**: Investments in fractional ownership via nfstay are backed by real estate assets and our Strategic Bitcoin Reserve. However, as with any investment, returns are subject to market performance, property management outcomes, and other external factors. Past performance does not guarantee future results.
* **DeFi and Utility Token Participation**: If a user opts to reinvest rental proceeds or funds into our utility token or participate in decentralized finance (DeFi) opportunities, they are entering a highly speculative and volatile space. DeFi activities, including providing liquidity or trading tokens, require advanced knowledge of blockchain technology, tokenomics, and market behaviors. Users should:
* Conduct comprehensive research and risk assessments.
* Understand the implications of interacting with DeFi platforms, including potential loss of funds.
* Be aware of the complexity of providing liquidity and the risks of impermanent loss or market downturns.
nfstay does not provide financial advice and strongly recommends consulting with independent legal and financial professionals before engaging in any DeFi activity.
***
#### **Regulatory and Legal Compliance**
1. **Non-Securities Statement**: nfstay’s offerings, including fractional ownership shares and utility tokens, are not considered securities under applicable laws. These offerings are not regulated financial instruments and are not subject to the oversight of financial regulatory authorities in any jurisdiction.
2. **Non-Investment Representation**: Users confirm that they are participating for purposes aligned with nfstay’s services and not for speculative or immediate resale. Participation in the platform’s utility token or DeFi opportunities should not be viewed as an investment in securities or a financial guarantee.
3. **Geographical Restrictions**: The following countries are restricted from participating in nfstay’s services due to regulatory or legal prohibitions:
* North Korea
* China
* Syria
* Iran
* Sudan
* Russia
* Belarus
* Other territories where digital asset ownership or transactions are prohibited.
Users from these regions are prohibited from engaging with our platform. nfstay is not responsible for violations of local laws or regulations by users.
***
#### **Forward-Looking Statements**
Some statements in our materials or communications may include forward-looking views regarding the platform's growth, strategic initiatives, or market potential. These statements are subject to risks, uncertainties, and market variables, and actual outcomes may differ significantly. Users should not rely solely on forward-looking statements and must exercise their own judgment.
***
#### **Liability Disclaimer**
nfstay, its affiliates, and partners are not liable for:
* Losses resulting from reliance on platform information, including errors, omissions, or inaccuracies.
* Market volatility, user mismanagement of accounts, or unforeseen changes in market conditions.
* Losses incurred in DeFi activities, including impermanent loss, failed transactions, or hacks.
All services are provided "as is" without warranties of any kind.
***
#### **Third-Party Service Providers**
nfstay integrates services from trusted third-party providers to enhance platform functionality. These providers include but are not limited to:
* **Particle Network**: Wallet-as-a-Service for seamless, non-custodial account management.
* **Sumsub**: KYC and AML compliance services.
* **Wert**: Fiat on-ramp and payment processing services.
While these providers are integral to our platform, nfstay is not liable for their performance, actions, or service availability. Users engaging with third-party services do so at their own discretion.
***
#### **Important Notices**
* **Token Reinvestment Risks**: Users choosing to reinvest in our utility token must fully understand the associated risks, including potential loss of capital, and ensure they are legally permitted to do so in their jurisdiction.
* **Prohibited Use**: Any misuse of the platform or services, including bypassing restrictions or engaging in unauthorized transactions, will result in account suspension and potential legal action.
* **Legal and Financial Advice**: Users are strongly advised to seek independent legal and financial consultation before participating in nfstay services or related activities.
# Property Service Accommodation Joint Venture Agreement
Please read carefully before proceeding with your allocation.
***
Preamble
Please read this Agreement carefully before confirming your allocation. By confirming your participation in a deal listed on the NFsTay platform, you agree to be bound by the terms set out below.\
\
This Agreement governs your participation as a Partner in a specific serviced accommodation deal made available through the NFsTay platform. Each deal is project-specific and operates on a deal-by-deal basis. Your Contribution is not pooled with the contributions of Partners in other deals, and this Agreement does not constitute a token sale, a sale of cryptocurrency, a security, shares in NFsTay or Airbrick Finance, ownership of real estate, or a passive investment product. It is an active partnership tied to the operational performance of one identified property.
***
#### Section 1: Parties and Overview
This Agreement is entered into between:
**(1) NFsTay Holdings FZ-LLC** ("**NFsTay**" or "**the Company**"), a free zone limited liability company incorporated in the United Arab Emirates, acting as the operator of the NFsTay platform and as facilitator of partner onboarding, governance, allocation, and distribution; and
**(2) The Partner**, being the natural or legal person who has confirmed participation in a specific deal listed on the platform at hub.nfstay.com or any successor URL.
NFsTay and the Partner are each referred to as a "Party" and together as the "Parties".
NFsTay operates an active serviced accommodation business under the NFsTay brand, including, where appointed, through its affiliated property management company **Airbrick Finance Ltd** ("**Airbrick**"), a company incorporated in England and Wales. Airbrick is a related entity within the NFsTay group and is the default property manager for UK deals, subject to Section 8.
This Agreement applies to a single, identified deal. A separate Agreement applies to each further deal in which a Partner chooses to participate.
***
#### Section 2: Deal Details and Property Listing
The specific commercial terms of the deal are set out on the deal page on the NFsTay platform (the "**Deal Page**"). The Deal Page forms an integral part of this Agreement and includes, as applicable:
* Property identification and location
* Funding requirement and Hard Cap
* Minimum and maximum Contribution per Partner
* Initial deal term and any rollover or extension mechanics
* Indicative use of funds
* Default property manager
* Fee schedule (platform, management, administrative)
* Distribution frequency and method
* Reserve policy
* Forecast figures, if shown, identified as illustrative only
Where any term of the Deal Page conflicts with this Agreement, the Deal Page prevails for matters of commercial detail (figures, dates, fees), and this Agreement prevails for matters of legal interpretation.
Forecast or area-comparable figures shown on the Deal Page are illustrative and based on current market conditions for similar properties. They are not a forecast of Partner income, and they are not guaranteed.
***
#### Section 3: Definitions
In this Agreement:
* **"Agreement"** means this document together with the Deal Page and any annexes.
* **"Allocation"** means the proportional accounting interest of a Partner in the Net Income of the deal, calculated as Contribution divided by total Contributions accepted into the deal.
* **"Contribution"** means the capital amount contributed by the Partner to the deal in accordance with Section 5.
* **"Deal"** means the specific serviced accommodation arrangement described on the Deal Page.
* **"Gross Revenue"** means all rental and ancillary income received in respect of the property during the deal term.
* **"Net Income"** means Gross Revenue less rent payable to the landlord, utilities, cleaning, maintenance, platform and management fees, taxes, reserves, and other operating costs reasonably attributable to the deal.
* **"Partnership Unit"** means an internal accounting unit used to record a Partner's Allocation. Partnership Units are not securities, not tokens, not transferable digital assets, and have no existence independent of this Agreement.
* **"Platform"** means the NFsTay platform operated at hub.nfstay.com or any successor URL.
* **"Property Manager"** means the entity appointed from time to time to manage the property, being Airbrick by default and subject to Section 8.
* **"Reserve"** means amounts retained from Gross Revenue to fund deposits, contingencies, void periods, and operational continuity.
***
#### Section 4: Nature of the Partnership
The Partner is entering into an active project-specific partnership. By participating, the Partner expressly acknowledges that:
* The Partner does **not** acquire ownership, title, or any leasehold interest in the underlying property.
* The Partner does **not** acquire shares, equity, or any ownership interest in NFsTay, Airbrick, or any other group entity.
* The Partner does **not** purchase any token, cryptocurrency, digital asset, or financial instrument.
* The Partner's Contribution is **not** pooled with capital from other deals. Each deal is funded, accounted for, operated, and settled separately.
* The Partner is expected to participate actively, including by exercising governance rights under Section 7.
* This Agreement is not a security, a collective investment scheme, a fund, a managed investment product, or a regulated financial product, and nothing in this Agreement should be construed as such.
* The Partner has decided to participate based on their own independent judgment and risk assessment, not on the basis of any solicitation, projection, marketing material, informal message, or chat communication.
The Partner's economic interest is solely a contractual right to receive a proportional share of Net Income from the specific deal, on the terms set out in this Agreement, for the duration of the deal.
***
#### Section 5: Partner Contribution and Use of Funds
The Partner agrees to contribute the amount specified by the Partner on the Deal Page (the "**Contribution**"), subject to acceptance by NFsTay.
NFsTay may decline a Contribution, in whole or in part, at its sole discretion, including where:
* The Hard Cap for the deal has been reached;
* KYC, AML, or sanctions checks are not satisfactory;
* The Partner has not provided required documentation;
* The Partner is resident in, or a national of, a jurisdiction where the deal cannot lawfully be offered.
If a Contribution is declined before allocation, the corresponding amount will be returned to the Partner using the same payment channel where reasonably practicable, less any costs incurred. Once a Contribution is accepted and an Allocation is recorded, the Contribution is final, locked for the deal term, and non-refundable, subject only to the express provisions of this Agreement.
The Contribution may be applied by NFsTay or the Property Manager to any purpose reasonably connected with the deal, including:
* Landlord deposits, advance rent, and lease commitments
* Furnishing, fit-out, and setup costs
* Compliance, licensing, and onboarding costs
* Operating reserves and contingencies
* Working capital for the operation of the property as serviced accommodation
* Reasonable administrative costs of structuring and recording the deal
NFsTay is not required to ring-fence the Contribution in a separate account, but it will maintain accurate records of Contributions and use of funds at the deal level.
***
#### Section 6: Partnership Units and Allocation
Each accepted Contribution is recorded as one or more Partnership Units, representing the Partner's proportional Allocation in the Net Income of the deal. Partnership Units are an internal accounting mechanism only.
Partnership Units:
* Have no value independent of this Agreement;
* Are not securities, shares, tokens, cryptocurrency, or transferable digital assets;
* Cannot be sold, traded, transferred, or assigned, except as expressly permitted under Section 15;
* Confer no right to the underlying property;
* Confer no right to a refund or return of capital, save as expressly set out in this Agreement;
* Confer governance rights only as described in Section 7.
The fact that NFsTay may use blockchain or smart-contract infrastructure to record Allocations or automate distributions does not change the nature of the Partnership Units, which remain a contractual accounting interest only. See Section 11.
***
#### Section 7: Active Partnership and Governance
This Agreement creates an active partnership. Partners are expected to engage with governance and operational matters relating to the deal.
**7.1 Governance rights**
Subject to the limitations below, Partners may vote on:
* Replacement of the Property Manager (see Section 8);
* Material operational decisions affecting the deal, where put to vote by NFsTay or the Property Manager;
* Continuation, extension, or wind-down of the deal at the end of its initial term;
* Material changes to the fee structure outside the schedule disclosed at the Deal Page;
* Other matters NFsTay reasonably considers appropriate to put to a Partner vote.
**7.2 Voting power**
Voting power is proportional to a Partner's Allocation in the deal.
**7.3 Voting thresholds**
Unless otherwise specified on the Deal Page or in this Agreement:
* Ordinary matters require a simple majority of Allocations voting (50% + 1).
* Replacement of the Property Manager requires a majority of at least 60% of all Allocations entitled to vote (not just those voting).
* Decisions to wind-down the deal early require at least 75% of all Allocations entitled to vote, and must, in any case, be subject to existing landlord, regulatory, and contractual obligations.
**7.4 Limits on governance**
Partners may not vote on:
* The sale or transfer of the underlying property (which is not owned by the partnership);
* Matters that would put NFsTay or the Property Manager in breach of any law, lease, regulation, license, or third-party contract;
* The personal contractual rights of NFsTay under this Agreement, including its right to its fees accrued up to the date of any vote.
NFsTay may decline to put a proposal to a vote where it reasonably considers the proposal to be unlawful, abusive, frivolous, contrary to landlord obligations, or outside the scope of the deal. Where it does so, it will provide a brief reason to the proposing Partner.
**7.5 Partner obligations**
Each Partner agrees to:
* Engage with governance proposals where reasonably possible;
* Not use governance rights to harass, intimidate, or harm NFsTay, Airbrick, the landlord, guests, employees, or other Partners;
* Maintain confidentiality of operational information shared in connection with the deal.
***
#### Section 8: Property Management and Replacement of Manager
**8.1 Default manager**
Airbrick Finance Ltd is the default Property Manager for UK deals. For deals outside the UK, the default Property Manager will be identified on the Deal Page and may be NFsTay, an affiliate, or an appointed third party.
**8.2 Manager duties**
The Property Manager is responsible for the day-to-day operation of the property, which may include landlord liaison, listing, pricing, guest management, cleaning, maintenance, compliance, revenue collection, and reporting. The Property Manager will perform these duties with reasonable skill and care.
**8.3 Replacement by Partner vote**
Partners may, by the threshold set out in Section 7.3, vote to replace the Property Manager. Where a valid vote to replace is passed:
* The existing Property Manager's role will end on a reasonable transition date, taking into account landlord obligations and operational continuity;
* The replacement Property Manager must be a bona fide, properly insured, lawfully operating manager that has agreed in writing to the operational and reporting standards required by NFsTay;
* NFsTay continues in its role as platform operator, governance facilitator, and distribution facilitator, even where Airbrick or another affiliate is replaced as manager.
**8.4 Consequences of replacement**
Where Airbrick is replaced as Property Manager:
* Airbrick's day-to-day management duties cease, along with its right to charge management fees from that point forward;
* Airbrick will hand over reasonable operational records to facilitate continuity;
* NFsTay platform fees and administrative costs continue to apply.
**8.5 Third-party manager risk**
Where Partners vote to appoint a third-party Property Manager:
* The Partner accepts that NFsTay does not control and cannot guarantee the conduct, solvency, performance, or compliance of that third party;
* NFsTay is not liable for any default, error, fraud, delay, or failure of any third-party manager appointed pursuant to a Partner vote;
* NFsTay will use reasonable efforts to integrate the third-party manager into its reporting and distribution flow, but is not obliged to extend operational risk or financial cover for that manager's actions.
***
#### Section 9: Fees, Costs and Reserves
**9.1 Fees**
The fees applicable to the deal are set out on the Deal Page and may include:
* A platform fee charged by NFsTay for operation of the platform, governance facilitation, and distribution mechanics;
* A management fee charged by the Property Manager for day-to-day operations;
* Administrative costs (accounting, reporting, payment processing, compliance);
* Pass-through costs (utilities, cleaning, maintenance, statutory charges, taxes).
Fees are deducted from Gross Revenue before calculation of Net Income.
**9.2 Reserves**
NFsTay or the Property Manager may retain a reasonable Reserve from Gross Revenue to cover void periods, repairs, deposits, end-of-lease obligations, dilapidations, and other contingencies. Reserve policy is set out on the Deal Page or otherwise communicated through the Platform. Unused Reserves at the end of the deal are included in the final settlement under Section 14.
**9.3 Updates**
Routine adjustments to fee structures during the deal term will be communicated through the Platform. Material increases to fees outside the originally disclosed schedule will be subject to Partner vote under Section 7.
***
#### Section 10: Income, Net Income and Distributions
**10.1 Calculation**
Net Income is calculated at the deal level, after deduction of operating costs, fees, taxes, and Reserves under Sections 9.1 and 9.2.
**10.2 Distribution**
Net Income, where positive, is distributed proportionally to Partners based on their Allocation, in accordance with the frequency stated on the Deal Page (typically monthly or quarterly).
**10.3 No guarantee**
Distributions depend entirely on the operational performance of the deal. NFsTay does not guarantee any distribution, any specific yield, any rate of return, or the preservation of capital. There may be periods in which no Net Income is generated and no distribution is made.
**10.4 Holdback**
A reasonable holdback period (as stated on the Deal Page, typically 14 days from acceptance of Contribution) may apply before a Partner first becomes entitled to distributions.
**10.5 Currency and method**
Distributions are made in the currency and via the method stated on the Deal Page, which may include bank transfer in local currency or, where supported, transfer of stable-value digital assets (such as USDC) for accounting and operational efficiency only. The use of any such mechanism does not constitute crypto investment by the Partner — see Section 11.
**10.6 Set-off**
NFsTay may withhold or set off against any distribution any amount the Partner owes to NFsTay or the Property Manager under this Agreement, including under Section 18 (taxes) and Section 20 (liability).
***
#### Section 11: Technology, Blockchain Infrastructure and Payment Details
**11.1 Technology as infrastructure only**
NFsTay may use blockchain, smart-contract, or distributed ledger technology purely as backend infrastructure to:
* Record Allocations transparently;
* Automate the calculation and routing of distributions;
* Provide a secure, auditable record of platform activity.
This use of technology is operational only. It is the mechanism by which the partnership is administered, not the substance of what the Partner is acquiring.
**11.2 No crypto investment, no token purchase**
For the avoidance of any doubt, and to address the most common Partner question on this point:
* The Partner is not buying a cryptocurrency, a token, an NFT, a digital asset, or any speculative instrument.
* The Partner has no economic exposure to the price movement of any cryptocurrency or digital asset.
* The Allocation is a contractual accounting interest in the Net Income of one specific real-world serviced accommodation deal.
* Any "share" or "unit" terminology used on the Platform refers to the Partner's proportional Allocation, not to a tradable security or digital asset.
* Where stable-value tokens such as USDC are used in distribution, they function purely as a digital cash equivalent for payment efficiency, and only where the Partner has expressly opted to receive distributions in that form.
The Partner should consider their own tax position carefully, including whether their local tax authority treats stable-value distributions differently from fiat distributions, and may elect to receive distributions in fiat where supported.
**11.3 Payment and wallet details**
The Partner is solely responsible for:
* Providing accurate bank account or wallet details for distributions;
* Maintaining security of any wallet, private key, or banking credentials;
* Notifying NFsTay promptly of any change in payment details.
NFsTay is not liable for losses, delays, or misdirected distributions arising from incorrect, outdated, or compromised payment details provided by the Partner. Distributions made to the payment details on file are deemed to discharge NFsTay's distribution obligation.
**11.4 Payment processors and infrastructure**
NFsTay relies on third-party payment processors, banks, blockchain networks, and booking platforms. NFsTay is not liable for delays, failures, fees, or losses caused by any such third-party infrastructure outside its reasonable control.
***
#### Section 12: Risk Disclosure and No Guarantee
The Partner expressly acknowledges and accepts the following risks. This list is not exhaustive.
* **Operational risk** — actual occupancy and revenue may be materially lower than illustrative projections; the property may underperform; costs may exceed expectations.
* **Market risk** — short-term rental demand, pricing, and regulation are sensitive to economic, seasonal, and policy conditions.
* **Regulatory risk** — local rules on short-term rentals, licensing, taxation, and platform listings may change and may affect the deal materially or render it commercially unviable.
* **Landlord risk** — see Section 13.
* **Third-party risk** — booking platforms, payment processors, cleaning and maintenance contractors, and other suppliers may fail, delay, or err.
* **Liquidity risk** — the Partner's Contribution is locked for the deal term; there is no guaranteed exit and no secondary market.
* **Total loss risk** — the Partner may lose some or all of the Contribution. The Partner has independently determined that they can bear this loss.
* **Technology risk** — software, platform, and network errors may occur and may affect record-keeping or distribution timing.
* **Force majeure** — see Section 21.
NFsTay does not guarantee any return, any yield, any rate of distribution, the preservation of capital, the continuation of the deal, or the availability of any future deal.
***
#### Section 13: Landlord, Lease and Third-Party Risk
The deal is, by its nature, a Rent-to-Rent / serviced accommodation arrangement. The underlying property is owned by a third-party landlord, not by NFsTay, Airbrick, or the partnership.
The Partner acknowledges that:
* The landlord may breach, terminate, or refuse to renew the lease for reasons outside NFsTay's reasonable control;
* A landlord's mortgage lender, insurer, or local authority may impose restrictions affecting use of the property;
* A landlord may sell the property or change its use;
* Disputes with the landlord may result in early termination of the deal;
* Statutory or regulatory action may restrict or prevent serviced accommodation use of the property.
NFsTay will use reasonable efforts to manage the landlord relationship professionally and to mitigate landlord-related risk, but is not liable for landlord conduct or for any consequence of a landlord-driven termination.
If the deal is terminated due to landlord-driven events, Section 14.4 applies to final settlement.
***
#### Section 14: Term, Extension, Rollover and Termination
**14.1 Term**
The deal term begins on the date Allocations are recorded for the deal and ends on the expiry of the underlying lease, subject to extension or rollover.
**14.2 Extension and rollover**
Where the underlying lease is renewed, extended, or rolled over with the landlord's agreement, the Partner's Allocation continues for the extended term on the same economic basis, unless materially different terms are notified to Partners and approved under Section 7.
**14.3 Termination events**
The deal may end due to:
* Expiry of the lease without renewal;
* Landlord termination, breach, or sale;
* Regulatory or licensing changes affecting the property's use;
* A determination by NFsTay, acting reasonably, that the deal is no longer commercially viable;
* A Partner vote to wind down the deal, subject to Section 7.3 and existing obligations;
* Insolvency events as set out in Section 14.5.
**14.4 Final settlement**
On termination of the deal, NFsTay will, within a reasonable period:
* Calculate final Net Income;
* Settle outstanding obligations (landlord exit costs, dilapidations, contractor invoices, statutory amounts, fees);
* Release any unused Reserve to Net Income;
* Distribute the remaining Net Income, if any, to Partners proportionally to their Allocation.
A final statement will be issued through the Platform. Distribution of the final settlement amount discharges NFsTay's obligations to the Partner in respect of the deal.
**14.5 Insolvency / dissolution**
If NFsTay becomes insolvent or is dissolved before final distribution, the assets attributable to the deal that remain legally available, after creditors of the deal, will be distributed pro rata among Partners in proportion to their Allocation. Partners rank with general unsecured creditors of NFsTay save where applicable law provides otherwise.
**14.6 NFsTay's right to terminate the Partner's participation**
NFsTay may terminate a Partner's participation in a deal where the Partner:
* Provides false or misleading KYC information;
* Becomes subject to sanctions or appears on a relevant watchlist;
* Engages in fraud, money laundering, or other unlawful conduct;
* Materially breaches this Agreement and fails to cure within 14 days of written notice (where curable).
In such cases, NFsTay may freeze distributions, return the remaining net Allocation balance (where lawful and practicable), and refer the matter to relevant authorities. Termination under this clause does not relieve the Partner of accrued liabilities.
***
#### Section 15: Exit, Refunds and Transfers
**15.1 No refunds**
Once accepted, Contributions are non-refundable except as expressly provided in this Agreement (e.g. Sections 5, 14.4, 14.5).
**15.2 Lock-up**
Allocations are locked for the deal term. There is no guaranteed exit before termination.
**15.3 Transfers**
Allocations are not freely transferable. A Partner may request to transfer their Allocation to another verified Partner or qualifying party only with the prior written consent of NFsTay, which may be withheld at NFsTay's reasonable discretion (including for KYC, sanctions, regulatory, or commercial reasons). Any approved transfer is subject to:
* Full KYC/AML compliance by the transferee;
* Execution of this Agreement (or an equivalent assumption document) by the transferee;
* Payment of any reasonable administrative fee.
**15.4 No secondary market**
NFsTay does not operate a secondary market for Allocations. The Partner acknowledges that no liquid market exists or is intended to exist.
***
#### Section 16: Partner Representations and Warranties
The Partner represents and warrants, on the date of this Agreement and on each date a Contribution is made, that:
1. The Partner has the legal capacity and authority to enter into this Agreement, and where the Partner is an entity, the Agreement has been duly authorised.
2. The Partner is not resident in, or a national of, any jurisdiction in which participation in the deal would be unlawful or would require NFsTay to be authorised, registered, or licensed and is not so authorised or licensed.
3. The Partner is not on any sanctions list and is not acting on behalf of any sanctioned person.
4. The Contribution is from lawful sources and is not the proceeds of any unlawful activity.
5. The Partner has read and understood this Agreement and the Risk Disclosure in Section 12, and is participating with full awareness that some or all of the Contribution may be lost.
6. The Partner has made an independent decision to participate, has not relied on any informal communication, projection, marketing material, WhatsApp or chat message, video, social media post, or oral statement, and has had the opportunity to seek independent legal, tax, and financial advice.
7. The Partner acknowledges that this is an active partnership and not a passive investment, security, collective investment scheme, fund, token sale, or crypto investment.
8. The Partner is participating for their own account and not as nominee, agent, or trustee for any undisclosed third party, save where disclosed and accepted by NFsTay.
9. The Partner accepts that returns, if any, depend solely on the operational performance of the specific deal.
10. The Partner will engage with governance and KYC obligations as reasonably required.
***
#### Section 17: Company Representations and Warranties
NFsTay represents and warrants that:
1. NFsTay is duly incorporated and validly existing under the laws of the United Arab Emirates.
2. NFsTay has the corporate authority to enter into and perform this Agreement.
3. NFsTay will operate the platform, facilitate governance, and administer distributions with reasonable skill and care.
4. Where NFsTay or Airbrick acts as Property Manager, the Property Manager will perform its duties with reasonable skill and care and in accordance with applicable law.
5. NFsTay has implemented reasonable systems for KYC, AML, and record-keeping appropriate to its operations.
6. Information provided by NFsTay on the Platform is, to the best of its knowledge at the time of publication, accurate in all material respects, save that forecast and illustrative figures are not guarantees and are subject to the risks set out in Section 12.
NFsTay gives no other representations or warranties, express or implied. All implied terms, conditions, and warranties (including as to merchantability, fitness for purpose, or expected return) are excluded to the fullest extent permitted by law.
***
#### Section 18: Taxes, Reporting and Indemnity
**18.1 Partner responsibility**
The Partner is solely responsible for determining and meeting any tax obligations arising from their Contribution, Allocation, distributions, or any disposal of Allocation, in any jurisdiction. This includes, without limitation, income tax, capital gains tax, VAT, withholding tax, and any local equivalent.
**18.2 No advice**
NFsTay does not provide tax advice. Tax treatment varies by jurisdiction and personal circumstances. Partners are urged to seek independent tax advice.
**18.3 No withholding by default**
NFsTay does not by default withhold taxes from distributions. Where withholding is required by law in any jurisdiction, NFsTay may deduct the required amount and remit it to the relevant authority, in which case the Partner's distribution is reduced accordingly and NFsTay's obligation is fully discharged.
**18.4 Reporting**
NFsTay may be required to share Partner information with tax, regulatory, or law enforcement authorities. The Partner agrees to provide accurate information to enable any such reporting.
**18.5 Indemnity**
The Partner agrees to indemnify and hold harmless NFsTay, Airbrick, their respective directors, officers, employees, affiliates, and agents against all claims, losses, taxes, penalties, fines, and reasonable costs (including reasonable legal fees) arising from:
* Any breach by the Partner of this Agreement;
* Any inaccuracy in the Partner's representations or warranties;
* Any failure by the Partner to comply with applicable laws (including tax and AML laws);
* Any third-party claim arising from the Partner's misuse of the Platform or governance rights.
***
#### Section 19: KYC, AML and Compliance
**19.1 Verification**
The Partner must complete identity verification ("KYC") and any additional checks NFsTay reasonably requires, including source-of-funds, source-of-wealth, sanctions, and PEP screening. NFsTay may use third-party verification providers.
**19.2 Ongoing obligations**
The Partner agrees to:
* Provide accurate, complete, and current information;
* Promptly update NFsTay of any change in identity, residence, control, beneficial ownership, or sanctions status;
* Cooperate with reasonable additional checks during the deal term.
**19.3 Refusal and termination**
NFsTay may decline a Contribution, freeze distributions, or terminate the Partner's participation where KYC or AML requirements are not satisfied, where the Partner becomes sanctioned, or where NFsTay reasonably suspects unlawful activity. In such cases, return of any remaining net Allocation balance is subject to applicable law.
**19.4 Reporting obligations**
NFsTay may report suspicious activity to relevant authorities without notice to the Partner where required by law.
***
#### Section 20: Limitation of Liability
**20.1 Excluded losses**
Subject to Section 20.4, NFsTay (and its directors, officers, employees, affiliates, and agents, including Airbrick where acting as Property Manager) shall not be liable to the Partner for:
* Loss of profit, anticipated profit, business, opportunity, goodwill, or anticipated returns;
* Indirect, consequential, special, exemplary, or punitive losses;
* Loss arising from market conditions, occupancy fluctuation, demand changes, or pricing;
* Loss arising from regulatory, licensing, or tax changes;
* Loss arising from landlord conduct, lease termination, or third-party manager conduct (including managers appointed by Partner vote);
* Loss arising from third-party suppliers, payment processors, banks, booking platforms, or blockchain networks;
* Loss arising from the Partner's incorrect or compromised payment details;
* Loss arising from delays or interruptions caused by force majeure (Section 21);
* Loss arising from the Partner's reliance on informal communications, marketing, or projections.
**20.2 Cap on liability**
To the fullest extent permitted by law, the aggregate liability of NFsTay (together with all its affiliates, directors, officers, employees, and agents) to the Partner under or in connection with this Agreement, in contract, tort (including negligence), under statute, or otherwise, is limited to the amount of the Partner's Contribution to the deal in respect of which the claim arises, less any distributions already received by the Partner in respect of that deal.
**20.3 Allocation of risk**
The Partner acknowledges that the limitations and exclusions in this Section reflect a fair allocation of risk between the Parties given the nature of the deal, the fees charged, and the Partner's right to make an independent decision under Section 16.
**20.4 Carve-outs**
Nothing in this Agreement excludes or limits liability for:
* Fraud or fraudulent misrepresentation;
* Wilful misconduct or deliberate breach;
* Death or personal injury caused by negligence;
* Any other liability that cannot lawfully be excluded or limited under applicable law.
***
#### Section 21: Force Majeure
Neither Party is liable for any delay or failure to perform any obligation under this Agreement (other than payment obligations already accrued) where such delay or failure results from causes outside its reasonable control, including without limitation: acts of God, natural disaster, fire, flood, earthquake, pandemic, epidemic, war, terrorism, civil unrest, government action, sanctions, lockdowns, strikes, supplier failure, internet, blockchain or platform outages, cyberattacks, or other events of force majeure.
The affected Party will notify the other Party of the force majeure event and use reasonable efforts to mitigate it. If the event continues for a sustained period and prevents performance of the deal, NFsTay may, acting reasonably, terminate or restructure the deal in accordance with Section 14.
***
#### Section 22: No Advice and No Reliance
NFsTay does not provide investment, legal, tax, or financial advice. Anything published on the Platform, in marketing materials, in chat groups, on social media, or in informal communications is for general information only.
The Partner expressly acknowledges that they have not relied on:
* Any forecast, projection, illustrative figure, or area-comparable data shown on the Platform;
* Any statement made in WhatsApp, Telegram, or any other chat or social channel;
* Any oral statement, video, podcast, webinar, or testimonial;
* Any historical performance figures of other deals.
The Partner has independently evaluated the deal and accepted the risks. Nothing said outside this Agreement modifies it.
***
#### Section 23: Assignment, Restructuring and Successors
**23.1 Partner**
The Partner may not assign, transfer, charge, or otherwise dispose of any rights or obligations under this Agreement except in accordance with Section 15.
**23.2 NFsTay**
NFsTay may, on reasonable notice through the Platform, assign, transfer, novate, or restructure its rights and obligations under this Agreement to:
* Any affiliate within the NFsTay group;
* Any successor entity following corporate reorganisation, merger, or sale;
* Any acquirer of all or substantially all of the relevant business or assets,
provided that the assignee assumes NFsTay's obligations under this Agreement. The Partner consents in advance to any such assignment, transfer, novation, or restructuring.
**23.3 Group restructuring**
NFsTay may restructure the relationship between NFsTay Holdings FZ-LLC, Airbrick Finance Ltd, and other group entities (including by introducing a new platform entity or new property management company) provided the Partner's economic position in any active deal is not materially adversely affected.
***
#### Section 24: Amendments and Platform Updates
**24.1 Amendments by NFsTay**
NFsTay may make amendments to this Agreement that are:
* Required by law, regulation, or court order;
* Necessary to correct errors, ambiguities, or inconsistencies;
* Reasonable updates to operational, technology, or compliance terms;
* Beneficial to the Partner or commercially neutral.
NFsTay will notify Partners of such amendments through the Platform.
**24.2 Material changes**
Material changes to economic terms of an active deal — including the fee schedule outside the originally disclosed range, the deal term, or the basis of distribution — require Partner approval under Section 7.
**24.3 New deals**
The version of this Agreement in force at the time a Partner accepts a new deal applies to that new deal. Earlier deals continue under the version in force at the time of their acceptance, subject to permitted amendments.
**24.4 Continued participation**
Continued participation in the Platform after notification of a permitted amendment constitutes acceptance of that amendment.
***
#### Section 25: Notices and Communications
**25.1 Method**
All notices and communications between the Parties may be made electronically, including via the Platform, email, or other digital channel reasonably maintained by NFsTay for this purpose.
**25.2 Effective date**
A notice is deemed received:
* If sent through the Platform, when posted to the Partner's account;
* If sent by email, on the day of transmission to the email address on file (or, if sent after 6pm UAE time or on a non-business day, on the next business day).
**25.3 Partner contact details**
The Partner must keep their contact details current. NFsTay is not liable for failure of any notice resulting from outdated contact details.
**25.4 Disputes**
Any dispute notice must be sent to NFsTay in writing, with reasonable detail of the issue, within 30 days of the Partner becoming aware of the relevant facts, before any formal dispute resolution step under Section 26.
***
#### Section 26: Governing Law and Dispute Resolution
**26.1 Governing law**
This Agreement, and any non-contractual obligations arising out of or in connection with it, are governed by the laws of the United Arab Emirates, as applied in the Emirate of Ajman.
**26.2 Good faith resolution**
The Parties will first seek to resolve any dispute amicably through written communication and good-faith discussion for a period of at least 30 days from the date of the dispute notice under Section 25.4.
**26.3 Arbitration**
If the dispute is not resolved within 30 days, it shall be finally resolved by arbitration administered by the **International Chamber of Commerce (ICC)** under the **ICC Rules of Arbitration** in force at the time of the request for arbitration.
* **Seat of arbitration**: Dubai, United Arab Emirates, unless the Parties agree otherwise in writing.
* **Number of arbitrators**: One, unless the value in dispute exceeds USD 1,000,000, in which case three.
* **Language**: English.
* **Confidentiality**: The arbitration, the award, and any documents disclosed in connection with the arbitration are confidential, save where disclosure is required by law or to enforce the award.
**26.4 Award**
The arbitral award is final and binding on the Parties. Judgment on the award may be entered in any court of competent jurisdiction.
**26.5 Costs**
Each Party bears its own costs unless the tribunal determines otherwise. The tribunal may award costs (including reasonable legal fees) against the non-prevailing Party.
**26.6 Interim relief**
Nothing in this Section prevents either Party from seeking urgent injunctive or interim relief from any court of competent jurisdiction where necessary to protect its rights.
**26.7 No class actions**
Each dispute is to be resolved on an individual basis. The Partner agrees not to participate in any class, collective, or representative action against NFsTay.
***
#### Section 27: Entire Agreement, Severability and Survival
**27.1 Entire agreement**
This Agreement, together with the Deal Page and any annex referenced on the Platform, constitutes the entire agreement between the Parties in respect of the deal and supersedes all prior agreements, understandings, statements, and representations.
**27.2 Severability**
If any provision of this Agreement is held to be invalid, illegal, or unenforceable in any jurisdiction, that provision will be deemed modified to the minimum extent necessary to make it valid and enforceable, or, if not possible, severed. The remaining provisions remain in full force.
**27.3 Survival**
Provisions that by their nature are intended to survive termination — including Sections 12 (Risk), 18 (Taxes & Indemnity), 20 (Liability), 22 (No Reliance), 26 (Governing Law and Disputes), and 27 — survive termination of this Agreement.
**27.4 No waiver**
Failure or delay by NFsTay to enforce any right under this Agreement does not constitute a waiver of that right.
**27.5 Language**
This Agreement is drafted in English. Translations are provided for convenience only; in case of discrepancy, the English version prevails.
**27.6 Counterparts and electronic execution**
This Agreement may be executed electronically, including by clickwrap acceptance through the Platform, and such acceptance has the same legal effect as a signed paper agreement.
***
#### Section 28: Digital Signature
By confirming participation through the Platform, the Partner acknowledges that they have read, understood, and accepted this Agreement, and that they wish to be bound by its terms.