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Terms of Service

Version 2.0 · Effective 18 September 2026

Please read these Terms of Service carefully before using the CollaFi platform (www.collafi.com), operated by W3B Studio.

1. Acceptance of Terms​

By accessing or using CollaFi (the “platform”), you agree to be bound by these Terms of Service (the “Terms”). If you do not agree, do not use the platform. These Terms take effect on the date shown above and apply to your use from that date.

2. Definitions and Contracting Party​

“CollaFi,” “we,” “us” and “our” refer to W3B Studio, the operator of the CollaFi platform. W3B Studio currently operates as a private online entity and is in the process of formalising its corporate structure. Until incorporation is completed and published, users should understand that no incorporated company is yet named as the contracting party. This is disclosed as a risk in the Risk Documentation.

“You” and “your” refer to the person or entity using the platform. “Loan” means a lending arrangement between a lender and a borrower facilitated by the platform.

3. Platform Description and Custody​

CollaFi is a peer-to-peer NFT lending and borrowing platform built on the Hedera network. It facilitates direct loan agreements between lenders and borrowers using NFTs as collateral and HBAR as the lending currency.

CollaFi is not a party to any loan and does not itself lend or borrow. CollaFi is non-custodial with respect to your wallet: we never hold your private keys, and you control all assets in your wallet at all times.

CollaFi is not non-custodial with respect to loan collateral. While a loan is active, your NFT is held in a Hedera account controlled by CollaFi, and is released to you on repayment or to the lender on default. During that period you are relying on CollaFi’s control and security of that account.

4. Eligibility​

You must be at least 18 years old, and must also meet any higher age requirement in your own jurisdiction, to use CollaFi.

You represent that you are not located in, and are not a resident or national of, any jurisdiction where use of the platform is prohibited, and that you are not subject to any sanctions list. You are responsible for ensuring that your use of the platform complies with all laws that apply to you.

You are using the platform on your own behalf and not for any undisclosed third party.

5. User Responsibilities​

You are solely responsible for maintaining the security of your wallet and private keys. CollaFi cannot recover lost or stolen funds or keys.

You are responsible for: monitoring your own loan deadlines; confirming that each transaction has reached consensus on Hedera before relying on it; associating your account with a collection’s token where Hedera requires it; and verifying that you are interacting with the official platform at www.collafi.com.

You understand and accept that blockchain transactions are irreversible, that lending and borrowing carry financial risk including the potential loss of NFT collateral or lent HBAR, and that missing a repayment deadline results in permanent loss of the collateral with no grace period.

You agree to use the platform in good faith and not to engage in wash trading, market manipulation, or any activity that could harm other users or the integrity of the platform.

6. Loan Terms and Default​

The loan amount is established through the peer-to-peer offer system. The interest rate is set by CollaFi for each collection and is shown on that collection’s page before you make or accept an offer. All loans run for a fixed term of 7 days with no grace period.

Interest is charged for the 7-day term, not per year, and is not reduced by early repayment. Loan records are written to the Hedera Consensus Service. Once a loan is accepted, its amount, rate and term cannot be changed.

If a borrower does not repay in full within the 7-day term, the lender becomes entitled to claim the NFT collateral as full and final settlement of that loan. The realisable value of that collateral may be higher or lower than the amount lent.

7. Fees​

CollaFi charges the fees published on the platform and in the Fee Structure Guide, which forms part of these Terms. Current CollaFi fees include offer creation fees, the loan acceptance fee, the platform’s interest share, and default claim fees.

Separately from CollaFi’s fees, you pay Hedera’s own network fees from your wallet on every transaction, and you may need to pay a token association fee before your account can receive an NFT from a given collection.

If these Terms and the Fee Structure Guide differ on fees, the Fee Structure Guide prevails for the fees in effect when your loan was created. We may change fees on notice through the platform; changes do not affect loans already in progress.

8. Intellectual Property​

All CollaFi branding, logos, designs and content are the property of W3B Studio. You may not reproduce, distribute or create derivative works from them without written permission. We grant you a limited, revocable, non-transferable licence to use the platform for its intended purpose.

You grant us a limited licence to display your chosen public display name on the platform. Where you claim an NFT on default, you receive the token itself; this does not necessarily transfer copyright or commercial rights in the underlying artwork, which vary by collection and remain governed by that collection’s own terms.

9. Limitation of Liability​

The CollaFi platform is provided on an “as is” and “as available” basis, without warranties of any kind. To the maximum extent permitted by law, W3B Studio shall not be liable for any indirect, incidental, special or consequential damages, including loss of funds, loss of NFTs, interruptions or failures of the platform, errors in third-party price data, or failures of notification delivery.

Nothing in these Terms excludes or limits our liability for fraud, wilful misconduct, gross negligence, death or personal injury caused by negligence, or any other liability that cannot lawfully be excluded. If you are a consumer, you keep the benefit of any mandatory protections of the country where you live.

To the extent liability may lawfully be limited, our total liability to you for any claim is limited to the total fees you paid to CollaFi in respect of the loan giving rise to the claim.

10. Suspension and Termination​

Where reasonably necessary to protect users or the integrity of the platform - for example on suspected fraud, manipulation, sanctions exposure, or a legal requirement - CollaFi may suspend or restrict an account, revoke points obtained through misconduct, remove content, or block specific transactions. We will notify the affected user by email with the reason where practicable, and you may appeal by contacting us.

These powers do not extend to varying the amount, rate or term of a loan that is already in progress. Where an account is suspended while a loan is active, the borrower remains able to repay that loan, and collateral continues to be handled according to Section 6.

11. No Financial Advice​

CollaFi does not provide financial, investment, legal or tax advice. All lending and borrowing decisions are made at your own discretion. Interest income, borrowing, defaulted collateral and reward NFTs may each have tax consequences for you; you are responsible for your own tax position and should consult a qualified professional.

Your use of CollaFi is also governed by the Privacy Policy, the Risk Documentation, the Cookie Policy, the Data Processing Addendum, the Data Retention Policy, the Data Subject Rights Procedure, the Children’s Privacy Statement, the Third Party Service Provider List and the Fee Structure Guide, each of which is incorporated into these Terms by reference.

If these Terms conflict with any of those documents or with marketing material, these Terms prevail, except that the Fee Structure Guide prevails on fees as stated in Section 7. By using the platform you acknowledge that you have read and understood the Risk Documentation.

13. Governing Law and Disputes​

These Terms, and any dispute arising from them or from your use of the platform, are governed by the laws of the jurisdiction in which W3B Studio is established once incorporation is completed; until then, by the laws applicable at CollaFi’s principal place of operation. If you are a consumer, you keep the benefit of any mandatory protections of the country where you live, and nothing here prevents you from bringing proceedings in your local courts.

Before starting formal proceedings, please contact us so we can try to resolve the matter; we aim to respond substantively within 30 days. If a dispute is between a lender and a borrower about what occurred in a loan, CollaFi may provide relevant on-chain records but is not itself a party to that dispute.

14. General​

If any provision of these Terms is found unenforceable, the remaining provisions continue in effect. Our failure to enforce a provision is not a waiver of it. You may not assign your rights under these Terms; we may assign ours to a successor of the platform. We are not liable for failures caused by events beyond our reasonable control. Provisions that by their nature should survive termination - including Sections 8, 9, 11 and 13 - survive.

We may update these Terms and will change the version number and effective date above. Material changes will be communicated by email and through the platform. Your continued use after a change takes effect constitutes acceptance of the updated Terms; the version and effective date above tell you which version currently applies.

15. Contact​

For questions about these Terms, or to raise a complaint or a dispute, contact us at info@w3b.studio or via Discord at discord.gg/collafinance. We aim to acknowledge complaints within 7 days and to respond substantively within 30 days.