What We Provide

We provide software services ("Services") that enable you to accept payments in Supported Digital Assets through:

• Payment links and hosted checkout pages

• Embedded KIRAPAY payment options and facilities

• An Application Programming Interface ("API") for integration with your website or application

• Interfaces for settling payments to your own wallet (you retain exclusive control of private keys)

• Transaction information and management tools via our Dashboard

• Technical transaction-tracking tools

Our Services facilitate direct peer-to-peer transactions between merchants and buyers in 2000+ tokens on 70+ chains. You may access our Services by logging in or linking your crypto wallet(s) to the KIRAPAY dashboard, Pay Links, or various integration options.

What We Do Not Provide

We do not provide:

• Custody services for Supported Digital Assets

• Legal, tax, or accounting advice

• Advice or recommendations regarding the suitability or appropriateness of our Services

Our Services are provided "as is" and "as available" without representation that they are fit for any particular purpose. We do not warrant or guarantee the quality, completeness, timeliness, or availability of our Services, or that they will be free from any Virus. To the greatest extent permitted under Applicable Law, we exclude any fiduciary duty we may owe to you in relation to our Services.

How Our Services Work

The Company offers Services for businesses and individuals to accept direct, peer-to-peer transactions using blockchain technology. We do not buy, sell, or take custody of any cryptocurrency or digital asset, nor do we act as an agent or custodian for any user.

Digital asset transfers are transacted via Smart Contracts and/or Embedded Wallets deployed by the Company. Merchants receive digital assets directly in their designated wallet. We accept no liability to you or any third party for claims or damages arising from transactions conducted using the Services.

Roles and Responsibilities

When using our Services:

• Consumers use the Services to send transactions

• Merchants use the Services to accept transactions

All "Purchase Terms" (the agreement between Consumer and Merchant) are determined solely by the Consumer and Merchant. We are not a party to Purchase Terms and accept no responsibility for ensuring compliance, mediating disputes, or resolving issues related to Purchase Terms, including intellectual property disputes concerning digital content.

Consumers and Merchants are entirely responsible for communicating, agreeing to, and enforcing Purchase Terms, and for resolving any disputes arising from breaches. Merchants must comply with and fulfill Purchase Terms for any digital content, goods, or services they sell.

Transaction Finality

By completing a transaction on the App, Consumers acknowledge that:

• Transactions are made with cryptocurrency via direct peer-to-peer transfer to the Merchant

• Once approved, transactions are secured by blockchain and are irreversible

• The Company cannot reverse transactions or reclaim funds

• The Company cannot resolve disputes due to the irreversible nature of blockchain transactions

Account Security

You must create an Account to use our Services, as part of which we may provide you with a user identification code, password and/or pre-selected answers to security questions. It is your responsibility to keep this information secret and confidential and not to disclose it to any other person. If you think that somebody else might know your user identification code, password and/or pre-selected answers to security questions, or that your Account is in any other way compromised, then you must notify us immediately at support@boomfi.xyz. We are not responsible for any loss as a consequence of the security of your Account being compromised.

We are entitled to rely upon any instruction and/or communication received from, or believed in good faith by us to be from, you, the user identification code provided to you and/or any person providing your password/pre-selected answers, regardless of whether you have actually authorised those instructions/communications. We do not accept any liability for any loss caused by us acting on such an instruction/communication.

We reserve the right to disable any user identification code, password and/or pre-selected answers to security questions at any time if, in our reasonable opinion, you fail to comply with any aspect of this Agreement or if we consider that there may be a security risk.

ELIGIBILITY REQUIREMENTS

General Eligibility

By using our Services, you represent and warrant that:

• Corporate Users: You are duly organized and validly existing under the laws of your jurisdiction, with full authority to enter into this Agreement and receive our Services

• Individual Users: You meet all age, residency, legal capacity, and competency requirements to receive our Services and be bound by this Agreement

• You are not impersonating any other person

• You will provide accurate, complete, and up-to-date information in response to our requests, and keep such information current

Business Authorization

You represent and warrant that:

• You are legally permitted to accept payments in Supported Digital Assets

• You have full authorization to offer your goods or services to Consumers

• You have independently determined that our Services are suitable for your requirements

• You have not received advice from us regarding the merits of entering this Agreement and are solely responsible for determining whether our Services are suitable for you

Compliance & Regulatory Obligations

You represent and warrant that:

• You are not subject to any financial sanctions, embargoes, or restrictive measures imposed by the UN, EU, UK Treasury, US OFAC, or any governmental authority

• You will comply with all Applicable Law, including sanctions, anti-money laundering, counter-terrorist financing, anti-corruption, anti-bribery, and tax evasion prevention laws

• You are solely responsible for AML, CTF, and sanctions compliance for your Consumers

• You acknowledge you are responsible for your own tax obligations, which depend on your individual circumstances and may change

• You will provide information we request to satisfy our regulatory, compliance, and contractual obligations, including internal risk, fraud prevention, KYC, or onboarding requirements

Important: KIRAPAY does not onboard or monitor your Consumers and does not perform AML, KYC, or sanctions checks on your Consumers on your behalf.

Prohibited Activities

You represent and warrant that you will not:

• Use our Services for any offerings that violate our standards or may be considered immoral, offensive, or harmful

• Interfere with, damage, or disrupt any equipment, network, or software used by any third party provider

• Attempt to circumvent security, interfere with our Services or Dashboard, or introduce any virus into our systems

Legal Acknowledgments

You acknowledge and agree that:

• You waive any right to participate in a class action lawsuit or class-wide arbitration against us or any KIRAPAY Group entity

• You have read, understood, and agreed to our Privacy Policy

You must inform us immediately if you can no longer make any of these representations.

PURCHASE AGREEMENTS

Merchant Responsibilities

You are responsible for ensuring that any Purchase Agreement and any Offerings you provide are in compliance with all Applicable Laws, and for ensuring that:

• You provide Customers with any information that we may require you to provide in connection with you accepting Payments in Supported Digital Assets (including anything which we may require the Customer to be aware of to meet an operational or regulatory requirement)

• You have full and proper right, power, permission and authority to sell Offerings

• Any restrictions, limitations and requirements in relation to the Offerings are clearly and appropriately disclosed and complied with

• You properly disclose your policy on refunds and the existence or any absence of any refund rights

• You acknowledge that Payments in Supported Digital Assets are irreversible. KIRAPAY cannot reverse or refund any Payment and does not guarantee recovery of misdirected transactions

Company Liability

We are not a party to, and do not accept any liability in relation to or as a consequence of, any Purchase Agreement (including as a result of any defect in or lack of performance in relation to any Purchase Agreement).

FEES

Fee Structure

KIRAPAY charges a transaction fee of 1.5% of the transaction amount (calculated before gas fees are deducted).

Please note that additional taxes or costs may exist beyond those we pay or impose, and you are responsible for paying these.

Fee Collection

We will collect all transaction fees directly from the amount received by you from the Customer.

Deposit Fees and Withdrawal Fees will be applied at the time the relevant deposit or withdrawal is processed. These fees apply only to deposit and withdrawal transactions involving your Platform Self-Custodial Wallet.

Set-Off Rights

We shall be entitled to set off any amount owed to us by any person under the terms of this Agreement from time to time against any sum which we owe to that person (in each case, if due and payable), and payment of the net amount shall discharge both sums due.

Termination

On the Termination Date, any outstanding fees payable to us under this Agreement shall become immediately due and payable.

Definitions

To calculate the fees, the following definitions apply:

• Revenue: The gross amount received by Merchants when using our Services to accept transactions

• Gas Fees: The fees that fund the network of computers that run the decentralised blockchain network

• Transaction Fee: The percentage of the Revenue generated from acceptance of transactions using our Services (currently 1.5% of the transaction amount before gas fees). The Transaction Fee may be changed from time to time

Payment Authorization

By using the Services you agree to pay all applicable fees, and you authorise the Company automatically to charge you for any such fees or deduct such fees (including transaction fees) directly.

Transactions received by Merchants do not include any taxes, and the Company shall have no responsibility for any such taxes by whomsoever levied. Each party shall be responsible for all taxes imposed on its income or property.

In addition, interactions with the blockchain may also result in transaction fees or gas fees imposed by the blockchain, which shall also be your sole responsibility.

DATA PROTECTION

Definitions

For the purpose of this section, Controller, Processor, Data Subject, Personal Data, Personal Data Breach, processing, and appropriate technical and organisational measures shall have the meanings given to them in the Data Protection Laws.

Roles and Compliance

The parties acknowledge that for the purposes of the Data Protection Laws, KIRAPAY is the Controller and you are the Processor. Each party agrees to comply with the applicable requirements of the Data Protection Laws.

KIRAPAY shall ensure that it has all necessary appropriate consents and notices in place to enable the lawful transfer of Personal Data for the duration and purposes of this Agreement.

Processor Obligations

You shall:

• Process Personal Data only on KIRAPAY's documented written instructions

• Ensure that you have in place appropriate technical and organisational measures to protect against unauthorised or unlawful processing of Personal Data and against accidental loss or destruction of, or damage to, Personal Data

• Ensure that all personnel who have access to or process Personal Data are obliged to keep the Personal Data confidential

• Not transfer any Personal Data outside of the UK or EEA unless KIRAPAY's prior written consent has been obtained and the following conditions are fulfilled: (i) you have provided appropriate safeguards in relation to the transfer; (ii) Data Subjects have enforceable rights and effective legal remedies; and (iii) you have provided an adequate level of protection to any Personal Data that is transferred

• Assist KIRAPAY in responding to any request from Data Subjects and in ensuring compliance with its obligations under the Data Protection Laws with respect to security, breach notifications, impact assessments, and consultations with supervisory authorities or regulators

• Notify KIRAPAY without undue delay on becoming aware of a Personal Data Breach

• Delete or return Personal Data and any copies you store on your devices or premises to KIRAPAY on termination of this Agreement

• Maintain complete and accurate records and information to demonstrate your compliance with this section

Third-Party Processors

You shall not appoint any third-party processor of Personal Data under this Agreement without our prior written consent. You shall remain fully liable for all acts or omissions of any third-party processor appointed by you pursuant to this clause.

INTELLECTUAL PROPERTY RIGHTS

Our Intellectual Property

Ownership of Materials

We are the owner or licensee of all copyright and intellectual property rights that exist in connection with our Services and Dashboard, including any content provided in connection with them (collectively, the "Materials"). You have the right to use any of these Materials only for the purpose of using our Services. Any other use is expressly prohibited.

Limited License Grant

We and our licensors own and retain all intellectual property rights associated with the Materials. We grant you a limited, personal, non-exclusive, non-commercial, royalty-free, revocable, non-sub-licensable and non-transferable licence to access and use the Materials solely for the purpose of receiving our Services. Any other use is expressly prohibited.

Restrictions on Use

You agree to the following restrictions:

• We expressly reserve all rights in and to the Materials and all content, materials, information and data related to the same. You receive only the limited licence set out above

• You shall not modify, reverse engineer, reverse compile, disassemble, copy, frame, mirror, scrape, rent, lease, licence, loan, republish, display, sell, rent, distribute, transfer, assign, disclose or create derivative works based on the Materials, in whole or in part

• You shall not exploit any intellectual property in relation to the Materials for a commercial purpose

• You shall not attempt to obtain, or assist third parties in obtaining, access to Materials other than as permitted by this Agreement

Our Trademarks

All logos related to us and the Materials are marks of BoomFi or our licensors. You may not copy, imitate, or use our trading names or logos without our prior written consent. All rights, title and interests in and to the Materials, any content thereon or therein and all technology and any content created or derived from any of the foregoing is the exclusive property of us and our licensors.

Your Name, Logo and Trademarks

License to Use Your Marks

You grant to us a non-assignable, royalty-free and non-exclusive right to use your name, trademark(s) and any logo associated with any of them for the purposes contemplated by this Agreement and in any sales materials we generate.

Termination of License

The licence granted by you will automatically terminate on the termination of this Agreement. However, we shall be entitled to continue to use the rights conferred on us to the extent reasonably necessary in the circumstances to enable us to comply with our regulatory or contractual obligations.

LIABILITY

KIRAPAY's Liability

Subject to the exclusions below, KIRAPAY shall be responsible to Merchant only for loss that Merchant suffers as a result of KIRAPAY's gross negligence in performing its obligations under this Agreement. KIRAPAY shall not be liable to the extent that such loss arises as a result of Merchant's breach of this Agreement and/or Applicable Law.

Notwithstanding the above, KIRAPAY shall not be liable for any loss arising as a consequence of:

• any action or inaction of any Consumer, including any dispute with any Consumer;

• any Offering Merchant provides to a Consumer, or Merchant's failure to provide an Offering in accordance with a Consumer's expectations (in which case the Consumer may have a right of recourse against Merchant directly);

• any pricing data provided by KIRAPAY;

• any exercise of rights provided to KIRAPAY under this Agreement;

• any inability to access or use KIRAPAY's Services;

• nany risk which Merchant has been informed of materialising;

• any representation made by Merchant;

• (so long as KIRAPAY has acted in good faith) any issue in relation to the transaction-tracking tools KIRAPAY provides;

• a fluctuation of the value of the Supported Digital Assets;

• KIRAPAY's Services being used in relation to any cryptoassets which are not Supported Digital Assets or which are on a protocol KIRAPAY does not support;

• any action or inaction KIRAPAY takes in order to comply with, or prevent a breach of, any Applicable Law;

• any delays or failures relating to blockchain network congestion, transaction confirmation times, or other network-level conditions outside KIRAPAY's control; or

• unforeseeable events and/or events outside of KIRAPAY's reasonable control.

KIRAPAY shall also not be liable for:

• any loss in connection with the terms or performance (including lack thereof) of the Purchase Agreement;

• any loss which constitutes indirect, consequential or special loss; or

• any loss which relates to a risk which Merchant has accepted, or for which KIRAPAY has otherwise explicitly excluded responsibility.

Merchant's Liability

Merchant agrees to indemnify KIRAPAY for any losses to KIRAPAY that arise from:

• Merchant's breach of any Applicable Law or this Agreement;

• Merchant's misuse of KIRAPAY's Services;

• Merchant's breach of the rights of or obligations to any Consumer or any other third party to this Agreement;

• any refund due to any Consumer in relation to any Offering or Purchase Agreement;

• any Purchase Agreement and Offering(s) Merchant provides, including any complaint as a result of such, or otherwise as a result of any cancellation, postponement, rescheduling, or delay or defect in providing any Offering;

• any regulatory inquiry, legal action, litigation, dispute or investigation that relates to Merchant or the Offering Merchant provides; and

• any fees, taxes or costs not imposed by or via KIRAPAY, which KIRAPAY pays on Merchant's behalf.

Losses for the purpose of the above indemnity refer to any loss or damage of whatever nature, whether direct, indirect or consequent, and regardless of whether foreseeable or not (including reasonable attorney fees).

Additional Limitations

KIRAPAY does not have access to Merchant's private keys and cannot reverse, cancel, or recover transactions to or from any Self-Custodial Wallet. Loss of access to a Self-Custodial Wallet may result in the permanent loss of Digital Assets.

KIRAPAY's total liability for damages arising out of or in connection with this Agreement shall not exceed the total Fees paid by Merchant to KIRAPAY under this Agreement in the twelve (12) months preceding the event giving rise to the claim. Nothing in this Agreement shall limit liability for fraud, gross negligence, or wilful misconduct.

VERIFICATION AND FRAUD-PREVENTION MEASURES

General Obligations

You must at all times during the term of this Agreement:

Complete identity verification by providing us with any information we request for the purposes of verifying your identity (including that of any beneficial owners) and conducting checks required to protect yourself and your business from malicious behaviors, fraud, or financial crime in relation to our Services, and permit us to keep a record of such information.

Authorize us to make any inquiries, whether directly or through third parties, that we consider necessary to verify your identity and protect you and/or us against fraud, malicious activities, or other financial crime, and to take any action we deem necessary based on the results of such inquiries.

Service Access and Information Disclosure

You acknowledge that your access to our Services may be altered on an ongoing basis as a result of the information provided under the general obligations above.

You acknowledge that in carrying out these verification inquiries to protect against malicious behaviors, your information may be disclosed by us to identity verification, credit reference, and fraud prevention or financial crime agencies, and that these agencies may respond to inquiries in full. This is an identity check only and should have no adverse effect on your credit rating.

ACCOUNT DEACTIVATION

Deactivation Rights

You may deactivate your Account with immediate effect at any time. We may deactivate your Account by giving you at least 7 Business Days' written notice.

We may also deactivate your Account by written notice to you, such action to take effect immediately, if:

• you are in breach of this Agreement and either (i) that breach is incapable of remedy or (ii) you fail to remedy the breach within 10 Business Days of being required to do so;

• (if you are a body corporate) you are unable to pay your debts as they fall due or a petition for winding up is presented or you shall go into liquidation (save for the purpose of solvent amalgamation or reorganisation), or you enter into an arrangement with your creditors generally, or an administrator, an examiner or any equivalent is appointed over your assets, or you have a receiver appointed over all or any part of your assets, or you suffer any execution over such assets; or

• (if you are an individual) you are unable to pay your debts as they fall due, or you are declared bankrupt, or a creditor issues a bankruptcy petition against you, or you enter into an arrangement with your creditors generally, or a trustee in bankruptcy is appointed.

We may deactivate your Account with immediate effect where:

• this is reasonably beneficial to update or maintain software we use to provide our Services, or to conduct repairs or administrative reviews from time to time;

• we are of the reasonable opinion that we are required to do so by Applicable Law, any court and/or by other authority to which we and/or you are subject in any jurisdiction;

• we reasonably believe that any material information provided by you is materially incomplete, inaccurate or misleading;

• we reasonably believe that our Services are being used in a fraudulent or unauthorised way, or that there is a security issue;

• we have received complaints about you;

• your use of our Services is subject to any (pending) litigation, investigation, or government proceeding and/or we perceive a heightened risk of legal or regulatory non-compliance associated with your use of our Services;

• an event occurs which is outside our reasonable knowledge or control which impacts our Services and makes it impossible or impracticable for us to provide our Services;

• if you fail to pay any fees or make payment due from time to time in connection with this Agreement.

We are not liable for any loss whatsoever as a result of exercising our deactivation rights.

Appeal Process

If your Account has been deactivated, you may appeal this decision by contacting us at support@kira-pay.com. To appeal, you must have completed identity verification and submitted relevant proof. We will endeavor to provide the reason for account deactivation and will review your appeal and respond within a reasonable timeframe.

Effects of Deactivation

On deactivation:

• You will retain access to your own treasury wallets, however your dashboard can no longer be used and all payment links will be deactivated;

• all rights, obligations and liabilities already incurred by the parties prior to the deactivation date shall not be affected.

Deactivation of your Account shall not affect the continued operation or enforcement of any provision of this Agreement which reflects an intention of the parties that it should survive deactivation.

CONFIDENTIALITY

Confidentiality Obligations

Each party agrees to keep Confidential Information received from the other party in connection with the negotiation or performance of this Agreement confidential and use it solely in connection with the performance of this Agreement.

Exceptions

The provisions above shall not apply to the extent that the relevant Confidential Information held by a party is:

• lawfully obtained after the date of this Agreement otherwise than directly or indirectly from the other party to this Agreement and, to the knowledge of the receiving party, is free of any duty of confidentiality;

• in the public domain other than as a result of a breach of this confidentiality clause;

• required to be disclosed by that party pursuant to a statutory or regulatory obligation (provided it gives the other party prior written notice of the intention or obligation to make the disclosure, to the extent permitted by Applicable Law, and it is disclosed only for that purpose);

• disclosed to that party's or that party's group's employees, agents, sub-contractors, professional advisors or auditors under terms of confidentiality and for reasonable purposes related to the performance of this Agreement;

• disclosed with the other party's prior written consent; or

• (in the case of Confidential Information held by BoomFi only) disclosed to another entity in the BoomFi Group, where such disclosure is required or desirable in order for us to fulfil our regulatory or contractual obligations and

MISCELLANEOUS

Modifications to Terms

KIRAPAY reserves the right to amend these terms from time to time. Each time you access our Services, please review these terms to ensure you understand the terms that apply at that time.

Service Updates

KIRAPAY may update and modify our Services from time to time to reflect changes to our products, user needs, and business priorities.

Service Availability

KIRAPAY does not guarantee that our Services, or any content therein, will always be available or uninterrupted. We may suspend, withdraw, or restrict the availability of all or any part of our Services for business and operational reasons. We will endeavor to provide reasonable notice of any suspension or withdrawal.

Merchant is responsible for ensuring that all persons who access our Services through Merchant's connection are aware of these terms and other applicable terms and conditions, and that they comply with them.

Assignment of Rights

KIRAPAY may transfer our rights and obligations under these terms to another organization. We will provide written notice if this occurs and will ensure that the transfer will not adversely affect Merchant's rights under this Agreement.

Prohibition on Automated Data Collection

Merchant shall not conduct, facilitate, authorize, or permit any text or data mining or web scraping concerning our Services or any services provided via, or about, our Services. This includes using (or permitting, authorizing, or attempting the use of):

• Any "robot", "bot", "spider", "scraper" or other automated device, program, tool, algorithm, code, process, or methodology to access, obtain, copy, monitor, or republish any portion of the Services or any data, content, information, or services accessed via the same.

• Any automated analytical technique aimed at analyzing text and data in digital form to generate information which includes but is not limited to patterns, trends, and correlations.

The provisions in this section should be treated as an express reservation of KIRAPAY's rights in this regard, including for the purposes of Article 4(3) of the Digital Copyright Directive ((EU) 2019/790).

This section shall not apply insofar as (but only to the extent that) KIRAPAY is unable to exclude or limit text or data mining or web scraping activity by contract under the laws which apply to us.

No Reliance on Information

The content provided through our Services is for general information only. It is not intended to constitute advice on which Merchant should rely. Merchant must obtain professional or specialist advice before taking, or refraining from, any action based on the content provided through our Services.

Although KIRAPAY makes reasonable efforts to update the information provided through our Services, we make no representations, warranties, or guarantees, whether express or implied, that the content is accurate, complete, or up to date.

Third-Party Applications

Where our Services contain links to other websites and resources provided by third parties, these links are provided for informational purposes only. Such links should not be interpreted as approval by KIRAPAY of those linked websites or information Merchant may obtain from them.

KIRAPAY has no control over the contents of those websites or resources.

RISKS

Price Volatility of Cryptoassets

Fluctuations in the price of cryptoassets generally could materially and adversely affect the amount of fiat money received from Supported Digital Assets. The prices of cryptoassets have historically been subject to dramatic fluctuations and are highly volatile, and there is a chance of a cryptoasset suddenly losing all of its fiat value.

A decrease in the price of a single cryptoasset may cause volatility in other cryptoassets. For example, a security breach that affects purchaser or user confidence in Bitcoin or Ether may affect the industry as a whole and may also cause the price of cryptoassets to fluctuate in a short period of time.

Regulatory Risks

Regulation of cryptoassets and the use of blockchain technologies is currently still being developed and likely to rapidly evolve. Regulation varies significantly between different jurisdictions and is subject to significant uncertainty. Regulators may in the future adopt laws, regulations, guidance or other actions that may severely impact the development, operations and growth of our business and our Services. This may also limit our ability to operate / provide Services in a particular jurisdiction.

Risk of Losing Access to Cryptoassets Due to Loss of Private Key(s)

A private key, or a combination of private keys, is necessary to control and dispose of cryptoassets. Accordingly, loss of requisite private key(s) associated with your digital wallet storing Supported Digital Assets will result in loss of such Supported Digital Assets. Moreover, any third party that gains access to such private key(s), including by gaining access to login credentials of the self-custodial wallet service you use, may be able to misappropriate your Supported Digital Assets.

Any errors or malfunctions caused by or otherwise related to the Self-Custodial Wallet you choose to receive and store Supported Digital Assets with, including your failure to properly maintain or use such Self-Custodial Wallet, may also result in the loss of your Supported Digital Assets. It is your responsibility to obtain, maintain and secure your Self-Custodial Wallet, which must be compatible with holding the Supported Digital Assets you deal in.

Risks Associated with the Blockchain Protocol

Because cryptoassets generally utilise a blockchain protocol, any malfunction, breakdown or abandonment of the blockchain protocol may have a material adverse effect on the cryptoasset linked to that protocol. Moreover, advances in cryptography, or technical advances, such as the development of quantum computing, could present risks to cryptoassets by rendering ineffective the cryptographic consensus mechanism that underpins the blockchain protocol to which they are linked.

Risk of Hacking and Software and Security Weaknesses

Hackers or other malicious groups or organizations may attempt to interfere with our Services in a variety of ways, including malware attacks, denial of service attacks, consensus-based attacks, Sybil attacks, smurfing and spoofing, as well as attacks which overpower the consensus-based mechanism on which the blockchain is built and attacks which interfere with or otherwise cause nodes to malfunction (nodes are computers / hardware devices that help maintain the blockchain).

There is also an inherent risk that the software and related technologies and theories we use could contain a Virus. A Virus could cause, inter alia, complete loss of Supported Digital Assets.

Counterparty Risk

Our Services depend on certain third party providers. Any third party provider may, for example, make an error, be unable to support Supported Digital Assets, go insolvent or otherwise fail to meet its obligations. This may, for example, cause us to be unable to provide our Services (either in accordance with this Agreement or at all), or cause a loss of Supported Digital Assets.

Intellectual Property

Companies, organisations, or individuals, including competitors, may hold or obtain patents, trademarks, or other proprietary rights that would prevent, limit, or interfere with the BoomFi Group's ability to provide its Services. This may require the BoomFi Group to develop or obtain alternative technology, or obtain appropriate licenses under these patents, which may not be available on acceptable terms or at all, hindering the BoomFi Group's ability to provide the Services.