1. Services (how it works); With the Flits miner service you agree on buying an X percentage of a server; defined as workers (calculation power); equal to “Hashing Power”. An initial payment gives the customer an X amount of workers that will provide the customer with an X percentage of the total yield of the operation.

Important:

1. Within the Flits app Hashing power/ calculating power is defined as “workers”; no rights can be derived from usage of this term outside the app.
2. Hardware is defined as physical servers rented or bought (including mining rigs), providing or running software optimized or dedicated for obtaining crypto currencies not limited to BTC and ETH mining.
3. Third party service providers: Flits makes use of (a) third partie (s) to provide and optimize this feature within the app. Due to this structure Flits does not care full responsibility of this operation and performance of this operation.
4. Technical background*
5. ROI (Return of Investment)*

1. Ownership:
1. Flits will be the legitimate owner of the hardware.
2. The rentability of the operation defined as ROI, will be distributed to the users and investors who have bought workers. The workers represent the share the investor or user has in the total income generated by the investments made by Flits. No rights can be derived from previous yield of the operation.

1. Payment:
1. Initial payment; Usage of this feature will be achieved by buying workers inside the Flits app. With this transaction the customer will receive an X amount of workers providing him with a stake in the total yield of the operation.
2. Fees; After the initial payment a second fee will deducted from the he users monthly earnings defined as “Service Fee”. This fee will be 5% per month.
3. Payment through third party; The payment of the monthly earnings will be conducted from the third party account every two weeks. From these collective earnings the third party will contain the energy costs and service fee.
4. No rights can be derived from previously achieved results of the yield of the entire operation; expressed in ROI. Meaning income, yield and ROI of the investment can vary depending on numerous factors. 5. Flits holds the right at any time to actively hold on to Flits coins inquired by the purchase of workers by users and investors. Flits may do this to protect the Flits (coin) market when there is a risk of extreme volatility or decline in the value of the Flits coin. This may result in a larger spread of investors, which can result in a decline of ROI for the user.

1. Liability: Flits does not hold any user funds and/ or bears any responsibility over the customers after the purchase of the service.

1. Volatility of crypto assets; price decreases may result in losses, Flits can not be held responsible of the performance of third party products and projects.
2. Down-time: Flits can not be held responsible for losses due to downtime and or other factors that may affect effectiveness and performance of the server or rig.
3. Saturation of the network (amount of miners); An increase of miners may result in the decrease of power and thus earnings. Flits can not held ben responsible for these decreases.
4. Rig performance; Flits is the only legitimate owner of the hardware. This hardware will be controlled and optimized by third party providers that also bear responsibility of server performance. Flits can not be held responsible for downtime and other problems that may occur when running the server.
5. Economical value of the miner/ hardware; Flits holds the right to eliminate a server or mining operation when it is not longer economical profitable for the Flits company. Reason to do so are:

1. Energy costs; when costs equal or transcend mining income, this includes 5% fee.
2. Price fluctuations; when the price of a crypto assets decreases Flits holds the right to eliminate the server and bear no responsibility over possible losses.
3. Saturation of the network; when costs equal or transcend mining income due to the saturation of the network.
4. Maintenance ; When a server has not longer any value due to high maintenance costs. When a servers costs exceed of equal income Flits hold the right to eliminate the operation.
5. Elimination is not limited to one of these 4 (four) factors.

Flits will hold the right to make adjustments and changes to this documents at any given time. Customers will be informed of these changes through the Flits application.

Investing and making use of the Flits app is always at a investors own RISK, Flits can not be held responsible for any investment gone wrong of financial due to usage of the Flits Ecosystem or application.

Flits will never advice of suggest investments to users and will only provide the tool set to make investment possible.