EIOSOFT

Privacy & Legal Policy

Disclaimer

We are following all the rules and regulations Of GDFRA & DIFC Of Dubai;also ICC ,The Financial Action Task Force (FATF),we also follow SEC & CFTC rules and regulations Of US Govt for Digital Currency as well as ROC & SEBI and as well as DeFi Yield Protocol guidelines (UK).

Our group is a member of MEDEF, FACCNY (French American chamber of commerce New York) and Decentralized financial Yield Protocol (UK).& INTERNATIONAL DECENTRALIZED ASSOCIATION OF CRYPTOCURRENCY AND BLOCKCHAIN (IDACB) of 2018 ,Dubai & Abu Dhabi.

All disputes arising under this agreement shall be governed by and interpreted in accordance with the laws of UAE, without regard to principles of conflict of laws. The parties to this agreement will submit all disputes arising under this agreement to arbitration in Dubai, before a single arbitrator under the rules of Arbitration of the International Chamber of Commerce. No party to this agreement will challenge the jurisdiction or venue provisions as provided in this section as per  The Reserve Bank of India (RBI) and the Central Bank of the United Arab Emirates (CBUAE) signed a Memorandum of Understanding (MoU)  in Abu Dhabi, to enhance cooperation and jointly enable innovation in financial products and services.

( https://m.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=55372 )
 

Under https://m.rbi.org.in/Scripts/BS_PressReleaseDisplay.aspx?prid=55372 MoU, the two central banks will collaborate on various emerging areas of FinTech, especially Central Bank Digital Currencies (CBDCs) and explore interoperability between the CBDCs of CBUAE and RBI. CBUAE and RBI will jointly conduct proof-of-concept (PoC) and pilot(s) of bilateral CBDC bridge to facilitate cross-border CBDC transactions of remittances and trade. This bilateral engagement of testing cross-border use case of CBDCs is expected to reduce costs, increase efficiency of cross border transactions and further the economic ties between India and UAE. The MoU also provides for technical collaboration and knowledge sharing on matters related to Fintech and financial products and services.

Under this guidance, the FSRA will, on a case-by-case basis, determine whether a proposed coin /token/Bonds is a security or a commodity. If the FSRA finds the token to be the former, the ICO would be subject to the Financial Services and Market Regulations, but if the token is the latter, the ICO would be unregulated. In addition, the FSRA, on 25 June 2018, through its publication of the Regulation of Crypto Asset Activities in ADGM (ADGM regulations), & also DMCC introduced a regulated activity of “operating a crypto asset business” which includes operation of crypto assets exchange houses, but excludes issuances of ICOs

Dubai Multi Commodities Centre (DMCC) has introduced a regulated activity known as “proprietary trading in crypto-commodities”, suggesting that the DMCC views cryptocurrency as commodities. However, businesses in the DMCC carrying this licence are only permitted to trade on their own behalf (that is, to use their own funds for trading), and establishment of exchange houses and conducting ICOs is still not covered under this licence. Another noteworthy development is the issuance by the DMCC of a licence to a DMCC company enabling such company to be among the world’s first cryptocurrency deep “cold storage” vaults.

As if, The features of DeFitt Coins & fTT Cryptocurrency Bonds are truly unique. This article is intended for reading by those who plan to invest in these coins and wish to participate in the fTT BONDS project.
First, you need to understand what exactly this decentralized platform is and what is the principle of the work of this token.

Decentralized Financial Instrument Trade Token – DEFItt, is at the center of an incentivized, blockchain-enabled sports community and gaming ecosystem. FTT Token aims to become the biggest gaming token on the planet.

Comments

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An anonymized string created from your email address (also called a hash) may be provided to the Gravatar service to see if you are using it. The Gravatar service privacy policy is available here: https://automattic.com/privacy/. After approval of your comment, your profile picture is visible to the public in the context of your comment Powered By EIOSOFT
TECHNOLOGIES PTE LTD

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Cookies

 

If you leave a comment on our site you may opt-in to saving your name, email address and website in cookies. These are for your convenience so that you do not have to fill in your details again when you leave another comment. These cookies will last for one year.
If you visit our login page, we will set a temporary cookie to determine if your browser accepts cookies. This cookie contains no personal data and is discarded when you close your browser.

When you log in, we will also set up several cookies to save your login information and your screen display choices. Login cookies last for two days, and screen options cookies last for a year. If you select “Remember Me”, your login will persist for two weeks. If you log out of your account, the login cookies will be removed.
If you edit or publish an article, an additional cookie will be saved in your browser.

This cookie includes no personal data and simply indicates the post ID of the article you just edited. It expires after 2 days.

Embedded content from other websites :

Articles on this site may include embedded content (e.g. videos, images, articles, etc.). Embedded content from other websites and behaves in the exact same way as if the visitor had visited the other website.
These websites may collect data about you, use cookies, embed additional third-party tracking, and monitor your interaction with that embedded content, including tracking your interaction with the embedded content if you have an account and are logged in to that website.

Who we share your data with :

If you request a password reset, your IP address will be included in the reset email for DEFItt empowers login Zone for our Clients of DEFItt Coins & fTT BONDS.
(CRYPTOCURRENCY).

How long we retain your data :

If you leave a comment, the comment and its metadata are retained indefinitely. This is so we can recognize and approve any follow-up comments automatically instead of holding them in a moderation queue.

For users that register on our website for our Cryptocurrency and our Client’s for DEFItt & fTT BONDS we also store the personal information they provide in their user profile. All users can see, edit, or delete their personal information at any time (except they cannot change their username). Our website administrator ,Eiosoft Technologies Pte Ltd can also see and edit that information as well as SEBI ,ICC & Other International Governing Bodies including GDFRA & DIFC Dubai.

 

What rights you have over your

data :

As a Valued clients of DEFItt Coins been an account on this site, or have left comments, you can request to receive an exported file of the personal data we hold about you, including any data you have provided to us. You can also request that we erase any personal data we hold about you. This does not include any data we are obliged to keep for administrative, legal, or security purposes.

 

Where we send your data :

Visitor comments may be checked through an automated spam detection service powered by Eiosoft Technologies Pte Ltd as per GDFRA & DIFC-Dubai ,UAE.

Express Disclaimer :

The Betting Platform or Gaming Platform as well as the Defi Play for Defitt Coins , fall outside the scope of this White Paper – they are mentioned in this White Paper by way of reference only and are strictly not regulated by the contents hereof.
Risk Factors:
The following is a non-exhaustive disclosure of principal risk factors which are considered to be material by the Company in connection with the Private Placement Event, and the acquisition, holding and/or use of Defitt Coins/ fTT ,as well, to the extent rendered application, the use of the Betting Platform at any moment in time. Participants should consider these risk factors alongside all other information provided in the White Paper and are advised to consult with their own professional advisers (including their financial, accounting, legal, tax, technical or other advisers and experts) before deciding to obtain DEFItt In addition, Participants should be aware that the risks described herein may combine and thus intensify one another. The Company believes that the following risk factors may even affect its own business, as well as the external valuation of fTT (which external valuation is beyond the scope and purpose of the reason behind the Betting Platform /FUND RAISING For various Projects across globe and the Company’s Business).
Most of these risk factors are contingencies that may or may not occur and the Company is not in a position to predict the likelihood of such contingency occurring. By acquiring, holding, and using fTT or DEFItt, the Participant expressly acknowledges and assumes the following risks.
General Suitability of token acquisition:
The acquisition of Defitt from the Company is only suitable for financially sophisticated persons who are capable of evaluating the merits and risks of such an acquisition, or other persons who have been professionally advised with regard to token acquisition and who have sufficient financial resources to be able to bear any losses that may arise therefrom (which may be equal to the whole amount spent in connection with the token acquisition). Such an acquisition should not be seen as an investment or a financial asset.

Risk of losing access to Defitt due to loss of Private key/s, Custodial Error or Participant Error :

A Wallet is necessary to acquire, hold, and dispose of Defitt The Participant hereby understands that he is responsible for setting up the Wallet with a third
party provider to hold Defitt Coins,he is responsible for implementing reasonable measures for securing the Wallet. Accordingly, loss of requisite private key/s associated with the third party Wallet holding Defitt result in loss of such Defitt Coins and any other cryptocurrencies and/or tokens held within. Moreover, any third party that gains access to such private key/s, including by gaining access to login credentials of the Wallet that the Participant uses, may be able to misappropriate the Participant’s DefittCoins. Any errors or malfunctions caused by or otherwise related to the Wallet that the Participant chooses to receive and hold Defitt including the Participant’s own failure to properly maintain or use such wallet or caused as a result of the choice of third party provider for the Wallet may also result in the loss of Defitt Coins Additionally, the Participant’s failure to follow precisely the procedures set forth in the Terms for acquiring and receiving Defitt Coins including but not limited to, the provision of the wrong Wallet address for receiving FCFT may also result in the loss of his Defitt Coins

Risk of Mining Attacks :

As with other decentralized cryptographic tokens based on
the Binance Smart Chain, (BEP20 tokens) and as well as also Polygon ( Ethereum 2.0) Defitt Coins & fTT Coins are susceptible to attacks by
miners
in the course of validating Defitt Coins & for fTT Coins transactions on the Binance Smart Chain or Polygon
including, but not limited, to double-spend attacks, majority mining power
attacks, and selfish-mining attacks. Any successful attacks present a risk to
the Betting Platform and/or Defitt Coins or fTT BONDS
including but not limited to, accurate execution and recording of transactions as per DeFi Yield Protocol.

The Securities and Commodities Authority (SCA), the securities regulator of the UAE, and Dubai Financial Services Authority (DFSA), the financial regulator of Dubai International Financial Centre, recently announced that they have not issued regulations to govern ICOs and establish cryptocurrency exchange houses in the UAE. In their statements, both financial regulators emphasized the high risk associated with trading in cryptocurrencies, and that investors who carry out these investments do so at their own risk.

The Gaming :

Many sporting bodies & Consumer demand for this product has never been greater, and opportunities for users to engage have never been easier. Furthermore, restrictive regulatory frameworks have never been as susceptible to dissolving, as is evidenced by the U.S. Supreme Court’s recent overruling of the controversial Professional and Amateur Sports Protection Act (PASPA) bill. The DefitT is an exciting proposal because it facilitates this transition to a more open and dynamic global marketplace.

The Team :

Our team is a team of experienced blockchain developers and marketing analysts coming from different countries.The team has a wide portfolio of ERC and NON-ERC based projects.

Disclaimer
We are are following all the rules and regulations Of GDFRA & DIFC Of Dubai;also ICC ,The Financial Antimoney Laundering Task Force, Also, they must follow SEC & CFTC rules and regulations Of US Govt for Digital Currency as well as ROC & SEBI and DeFi Yield Protocol guidelines.

1.0.Taxation on fTT ICO Bonds. (NCD/NCB) –
As per section 193 of the Income Tax Act, 1961 INDIA, also as per the MINISTRY OF Economic Innovation Platform of Federal Law 1 Of 1972 & under GDFRA & Ministry of Economic Affairs,Classic Law 2 Of Entrepreneur Law 2018, No tax deduction at source (TDS) from any securities issued by a company, as if the said Non Convertible Cryptocurrency (ICO) Bonds are as good as like other Non Convertible Debenture, in a dematerialized form and listed on a recognized stock exchange in India. However, BONDS (NCDs/NCB’s) allotted to non‐resident Indians (NRIs) will be subject to TDS as per section 195 of the Income Tax Act, 1961.India) Or As Per Vat & Tax Law OF 2012 ( UAE)
For individual investors, if the ICO – Bonds are sold before its Maturity date the profits will be added to the income of the investor and he/she /its will have to pay taxes at the same rate as per the income tax slab. For any profit made by selling NCDs after a year, tax will be paid at 10%, if indexation is not done or 20% if the indexation is done.

1.1 What are FTT ICO BONDS
A fTT ICO BOND is Non ‐Convertible Debentures/Bonds(NCD/NCB) is a financial instrument issued by EIOSOFT CAPITAL for specified tenure to raise Resources / Funds through public issue or private placement which pegged with its Cryptocurrencies(ICO),mainly Forex Trade Token & DECENTRALIZED FINANCIAL INVESTMENT TRADE TOKEN which cannot be converted into equity. It is a Fixed income Instrument same as Bank Fixed Deposit and can be Traded on stock exchange & Cryptocurrency Exchanges.
Interest can be earned annually / cumulative and on maturity principal amount is paid to the Bonds holder.

2.0 Minimum investment-
Amount invested by a single investor is as decided by the company and varies with the issuances. Usually investors can start investing with amounts as low as Rs 200000/‐.

2.1 Basis of Ftt ICO BONDS (NCD/NCB) allotment- Allotment is based on
“First come First serve” basis.

 

  1. Varying Tenures: Redemption periods usually range from 5 to 20 years.
    But in a regular BEP-20 ICO BONDS Is Coming with 5 & 7 years Program. One should choose the tenure on the basis of his/her own personal financial goals and risk appetite.
    3.0 Where are FTT ICO BONDS
    ( NCDs/NCB,s) Can Be bought from and sold to After Its Listing.
    BONDS can be bought and sold through secondary market. They are traded like shares/Debentures .
  2. IS FTT ICO BONDS (NCD/NCB) a Share or a Fixed deposit?
    FTT ICO BONDS is neither a Share nor Fixed deposit. It is similar to Fixed Deposit in the sense that at time of redemption, the return is Fixed.
  3. ARE FTT ICO BONDS (NCDs) Taxable?
    Dematerialized forms of FTT ICO BONDS (NCD/NCB) are not Taxable.
    5.0 Benefits of investing in fTT ICO Bonds (NCDs/NCB’s).
    If one is looking for an investment that generates fixed income periodically, FTT ICO BONDS(NCDs/NCB’s) may be an ideal investment as it offers.
  4. Higher rate of interest as compared to fixed deposits, postal savings or similar investments.
  5. If the bonds are listed, liquidity as one can sell it in the secondary market before its maturity
  6. If listed bond possibility of capital appreciation i.e. one can sell our bond at a price higher than your cost price in the market

5.2 Who Can Invest in fTT ICO Bonds –

Category I (Institutional Category)
• Public Financial Institutions, Statutory Corporations, Commercial Banks, Co‐operative Banks and Regional Rural Banks which are authorized to invest in fTT ICO BONDS (NCDs./NCB’s).
• Provident Funds, Pension Funds, Superannuation Funds and Gratuity Fund, which are authorized to invest in fTT ICO BONDS (NCDs./NCB’s).

• Venture Capital Funds and/or Alternative Investment Funds registered with SEBI.
• Insurance Companies registered with IRDA.
• National Investment Funds.
• Mutual Funds.
Category II (Non Institutional Category)
• Companies; bodies corporate and societies registered under applicable laws in India and authorized to invest in the fTT ICO BONDS (NCDs./NCB’s).

• Public/Private Charitable/Religious trusts which are authorized to invest in fTT ICO BONDS (NCDs./NCB’s).

• Scientific and /or industrial research organizations; which are authorized to invest in the fTT ICO BONDS (NCDs./NCB’s).

• Partnership firms in the name of partners; and Firms.
• Limited Liability Partnership formed and registered under the provisions of the LLP Act, 2008 (No.6 of 2009).

Category III (Individual Category)
• Resident Indian Individuals.
• Hindu Undivided Families through the Karta
Category III .0 (Foreign nationals)
● Non‐Resident Indians (NRI) inter‐alia including any NRIs who are (i) based in the USA, and/or, (ii) domiciled in the USA, and/or, (iii) residents/citizens of the USA, and/or, (iv) subject to any taxation laws of the USA; NOT Under Indian Judicsdution but as per US Law as if its Going to be Globally Listing.
● Persons resident outside;
● Foreign Institutional Investors;
●Foreign Portfolio Investors;
●Qualified Foreign Investors;
●Overseas Corporate Bodies; and Persons ineligible to contract
under applicable statutory/regulatory under US Law .& For Middle East & Gulf Cooperation, its The Classic Entrepreneur Law OF GDFRA statutory/regulatory applicable.

  1. Who is not eligible to invest
    The following categories of persons, and entities, shall not be eligible to participate in the Issue and any Applications from such persons and entities are liable to be rejected:
    (a)Minors without a guardian *;
    *Applicant shall ensure that guardian is competent to contract under Indian Contract Act, 1872
  2. Interest Pay -Out Options: Depending on the requirement of the investors, one could look at different interest pay-out options offered by FTT ICO BONDS.

7.0. Features of fTT ICO BONDS(NON Convertible Bonds).

  1. Higher rate of returns: FTT ICO BONDS s has offering interest rates which were quite attractive as compared to interest on other fixed‐income options.
  2. Flexible tenure: The tenure of fTT ICO BONDS can be any where between 5 years and 20 years, thereby providing better maturity opportunities but in its initial level we are coming only Two offerings “5 years “& “7 years “
  3. Lower credit risk: A Ftt ICO BONDS (NCD/NCB) loses value when interest rate in the system goes up and gains when the interest rate declines. However, when the FTT ICO BOND is held until maturity, one is likely to realize the promised return and the risk due to movement in interest rates is eliminated or minimized.
  4. Professionally rated: FTT ICO Bonds will rated by certified and professional credit rating agencies after its Listing .
  5. Easy liquiditraty: This fTT ICO BONDS are generally listed securities hence one can sell them in the secondary market before maturity.
  6. Capital appreciation: As NCD’s/ NCB’s will be listed securities, it can benefit from the fluctuations in stock market and may have capital appreciation.
  7. No Tax deduction at source: There is no tax deduction at source (TDS) on fTT ICO BONDS , as if it will be offered in DEMAT mode and listed on a stock exchange as per section 193 of the IT Act.
  8. Interest Pay-out Options: One could look at different interest pay-out options offered by DEFITT such as half‐yearly or annual Premium Bonas payments after its Listing.

7.1.1. Is fTT ICO BONDS a NCD or Share or a Fixed deposit?
NCD is neither a share nor fixed deposit. It is similar to fixed deposit in the sense that at time of redemption, the return is fixed but components are same as Non Convertible Debenture/ Bonds as a Cryptocurrency Company we are coming with our Non Convertible Debenture/ICO BONDS.

Process-
1) Clients Allotment & Applications Form
2) Invoice Generations which will mention The Accounts details of IBu where the The Funds will transfer as they are our official Associate Channel Partner’s (IBu Partner) or as per Clients choose of mode of Payment.
3) Payment Transfer to IBu Partner
4) Thanking Mail from Company to Our Valued Clients as if For The Money been Transferred To Our Registered IBu Partner as if Money is with Our IBu.
5) Funds transferred to Eiosoft Capital from IBu Partner.
6) Thanking Mail from Company to Our Valued Clients as if For The Money been Transferred & Credited to Eiosoft Capital from IBu Partner.
7) Within 24 hrs of Money been Credited to Eiosoft Capital, The Digital Copy Of fTT BONDS will be mailed to Clients to Copy Its IBu Partner, From our Registered Email .
6).1.. If a Clients Investing is more than INR INR 2 Cr or $ 2,70,00 under Decentralized financial programs to us under Defi Yield Protocol (Dubai &UK) to take advantage of Decentralized finance transactions. We will also send a POWAS for Opening A Bank Account in Dubai for Client ,on behalf off Clients by US..
7) Once After Digital Copy sent to Client & Hard Copy also be send to Clients by Post .to its Registered Addresses., and After the Digital Copy sent ,Clients User ID & Password will be send by to his registered email ID with a Login Hi – Per Link ..for his wallet ID..which will redirect to our site with a TripeEncrypted with END to End System For Security Reasons.

7).2 .. For The Decentralized financial Clients,Investimg above than $ 2,70,00 once his/her Digital Copy of fTT BONDS of Certificate of Commitment been Mailed to its CONCERN Clients , & duely sign Of “ POWAS “ a special trailer made” .ae ” name sever mail will be created for Clients, By The Company on behalf of Clients which will be the Registered mail I’d of Client in Emirates NBD, Bank .which will take seven to Ten business days time to Activate, DeFi Swipe Card (Debit Card) will received by in a month’s time due Covin 19 ..directly send by Emirates NBD, from Dubai to Clients Registered postal Address.
GOLDEN OFFER

  1. We will Issue the fTT- Eiosoft -Certificate of Commitment, which is
    a fTT ICO Bond as its First CRYPTO NCD.
    1.1AutomaticRedeem & Release for Sale on Completion on,
    Completion of the Lock- in Period of 5 Years or 7years as applicable.
    1.2 Bonus of 2.5 % 16.45% of Purchase Amount will be given to Full Payment
    Investors as Token of Gratitude For DEFItt in Additional.
    1.3 On Redemption of fTT token, Either Double the Original Buying Price
    Which includes the Bonus Amount will be given to FPS Investors Or
    50% of the then prevailing market price at time of Redemption
    whichever is higher .
    1.4 ICO Bond of 7years will be Release data later
    date,with a Certificate of Commitment of 250% which is equivalent to
    2 &½time s of purchase valueplus12 % additional premium Bonus for our FULL PAYPENT SCHEME CLIENTS.
    DEFItt World
    DEFItt & fTT ICO Bonds WORLD-
    • DeFitt Crypto ATM
    • Solar Power City
    • Gaming zone
    • Casino
    • Hotels
    • Clubs
    • On spot exchange
    • Live Restaurants
    • Live game war shows:
    • Robotic wars
    • Shopping Malls
    • Luxury SPA
    • Private Party clubs
    • Fully Secured Campus
    • Fully Temperature Controlled
    • Crypto License Authority
    • DEFItt Bank
    • Water Parks
    • No Tax Zone
    • DEFItt Real Estate exclusive Bonus-

We are delight to launch the first fTT Crypto currency Bonds ecosphere with Government of Ajman & also Soon be in Dubai Where you can shop and utilize your DEFItt Coins, Like in Damac Properties., Capital Club – Dubai ,Desi Night, Mercury Lounge ect.

Earnings

2 Lakhs to 11 Lacks 2 % Premium Bonus with Multiple EMI Payments Options.(DEFItt Coins).

2 Lakhs to 7 Lacks 2.25% & 7 Lacks to 11 Lacks 2.5 % Premium Bonus with Full Payment Scheme Investors. ( DEFItt Coins).

11 Lacks Plus to 16 Lacks 2.5% and 16 lacks Plus 24.50 Lacks 3% Premium Bonus Multiple EMI Payments Options.(DEFItt Coins) .

11 Lacks Plus to 16 Lacks 5% and 16 lacks Plus 24.50 Lacks 5. 5% Premium Bonus with Full Payment Scheme Investors.

25 Lacks + to 2 Cr 4.5 % Premium Bonus Multiple EMI Payments Options (DEFItt Coins).

25 Lacks + to 2 Cr 7 % Premium Bonus Full Payment Scheme Investors(DEFItt Coins).

2 Cr Plus to 7 Cr . 5.25 % Premium Bonus Multiple EMI Payments Options (DEFItt Coins)

2 Cr Plus to 7 Cr . 9 % Full Payments Scheme (DEFItt Coins).

7CR Plus to 12 Cr .6.5% Premium Multiple EMI Payments Options (DEFItt Coins).

7 Cr Plus to 12 Cr .12.45% Full Payments Scheme (DEFItt Coins).

12 Cr Plus to ABOVE 7.5% Multiple EMI Payments Options (DEFItt Coins).

12 Cr Plus to ABOVE 16.45 % for Full Payment Scheme (DEFItt Coins).

Installment will 3 to 5 Equal Amount.

CONCLUSION

Fundamentals of Investment in Stocks/Forex / Virtual Currency /AND SIMILAR FINANCIAL INSTRUMENTS.
When Financial Analysts Recommend the above Financial Instruments for Investing, they First, Analyse the product through a set of four basic elements. They use these Four commonly used financial ratios-price-to-book (P/B) ratio, price-to-earnings (P/E) ratio, price-to-earnings growth (PEG) ratio, and
dividend yield-TO ARRIVE AT THE VALUE & HEALTH OF a Stock/ Virtual currency these financial advisory reports &;TOOLS are powerful AIDS to help summarize THE financial statements THAT REFLECT ON the health of a company or Enterprise.

OUR STATEMENT

Financial statements can be used by analysts and investors to compute financial ratios that indicate the health or value of a company and its shares/
Virtual currency/ Bonds/or similar financial instruments.
P/E, P/B, PEG and dividend yields are four commonly used metrics that can help to analyse a stock’s /Virtual Currency value and outlook ,Here In fTT
BONDS & DEFItt , Our Principal for Calculation analyzed is and valuation to is Based on these Fundamental Financial ELEMENTS.

 

Our Investment Banking Consultant "s

A Misra- Sr Executive Consultant

 

D. Mukherjee 

CEO – Operations , UAE

H.Al.Shihab

Royal Advisory Member

Tyr.P. Potts.
Sr Consultant-Group CEO Office

T.K Dutta
Associate Vice President, Sales & Marketing,

India-(East)

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