ASILIF T&C • Updated 28 July 2025

Terms of Use

Please read these Terms and Conditions (“T&Cs”) carefully. They set out the basis on which you may make a Contribution to Asili Coffee Group Foundation (“ASILIF”) and receive BEANYOU and/or intangible Real World Assets (iRWA).

1. Introduction

These Terms and Conditions (the “T&Cs”) govern the basis on which you (the “Contributor”) can make a contribution (a “Contribution”) to Asili Coffee Group Foundation (“we”, “ASILIF”), and the subsequent allocation of BEANYOU tokens and/or intangible Real World Assets (iRWA).

Key Definitions

Collaborating Entity
Entities contracted with ASILIF to provide services/points (including farms). Where none exists, contributions are fully held by ASILIF.
Fiat Money
Government-issued legal tender.
Bean You Points
A non-financial token (derivative of Microshare/MCR) representing non-financial attributes (e.g., ESG actions). Optional in BEANYOU/iRWA transactions.
BEANYOU
A transferable blockchain-based token (on Solana; derived conceptually from Seratio). Does not represent equity, security, or ownership.
Bean You Platform
Planned platform funded by contributions, capable of recording non-financial attributes within transactions.
Bean You Wallet
The initial repository for BEANYOU and Bean You Points.
Intangible Real World Assets (iRWA)
Tokenization of intangible rights (e.g., ESG rights) linked to tangible assets. Not the tokenization of tangible assets.
Social Impact
As measured by the Social Earnings Ratio®. BEANYOU value relates to impact received by participating farms in iRWA.

2. Risks of Making a Contribution

Contributing to a new fundraising model carries inherent risks which you should understand before proceeding.

  1. Software Weaknesses: Early-stage software may contain vulnerabilities (“Glitches”), and the process for receipt/use/ownership may not be error-free.
  2. Regulatory Risk: Regulatory changes could affect BEANYOU, Solana/Ethereum networks, or require substantial modifications, including possible termination.
  3. Abandonment/Lack of Success: The platform or allocation may be paused or discontinued (e.g., due to low interest, funding, or competing projects).
  4. Loss of Private Key: If your key/seed is lost or stolen, associated BEANYOU is permanently unrecoverable.
  5. Theft/Hacking: Attacks may lead to loss of tokens or funds and impede development.
  6. Blockchain Attacks: Double-spend, majority power, selfish-mining, and race-condition risks exist.
  7. Liquidity Risk: Market liquidity is not guaranteed; value may be volatile or fall to zero.
  8. General Economic Risks: Values can rise or fall with market conditions outside our control.

Provided we act in good faith, we do not accept responsibility for these risks to the maximum extent permitted by law.

3. Audit of the BEANYOU Token Code

Experts have audited BEANYOU/iRWA code on a reasonable-efforts basis. While this raises security and accuracy, it is not a warranty that the code is free of weaknesses or bugs, and losses could still occur.

4. Conditions for Making a Contribution

You may not contribute if you are a US person (citizen or permanent resident). By contributing or receiving/using/holding BEANYOU, you represent that:

  1. We have not provided advice on suitability of BEANYOU/iRWA as an investment.
  2. You understand crypto/token functionality, storage, and transmission.
  3. You are legally permitted to receive/hold/use BEANYOU in relevant jurisdictions and to receive software.
  4. You will provide accurate KYC/AML or other documentation as required and keep it updated.
  5. You take sole responsibility for risks, and that contributions are not regulated investments in your jurisdiction.
  6. You will not use BEANYOU/iRWA for illegal purposes.
  7. You waive any right to class action/class-wide arbitration related to contributions or BEANYOU/iRWA.
  8. Your contribution/allocation does not grant equity, shares, or ownership in any entity.
  9. We provide no warranties (including title/merchantability/fitness) and provide BEANYOU/iRWA “as is” and “under development”.
  10. You bear responsibility for any tax implications related to contributions or BEANYOU/iRWA.

5. Procedure for Allocating BEANYOU / iRWA

  • One BEANYOU allocated per US $1.00 contributed (discounts at ASILIF/Collaborating Entity discretion). All contributions are non-refundable.
  • Contribution Period: 01 September 202? 00:01 (UK) — 31 August 2026 23:59 (UK). We may pause for security reasons if needed.
  • Accepted: BTC, ETH, ETC, Fiat Money, MPesa.
  • Minimum contribution: US $5. No cap on total contributions.
  • Official site: www.beanyou.com; use of exchanges/intermediaries is at your own risk.
  • You must supply information necessary to set up a compatible Wallet for delivery.
  • Allocations are recorded/confirmed by email; non-USD contributions are converted using historical rates from leading providers.
  • Target: allocate BEANYOU within 52 weeks of contribution (subject to Section 2 risks).
  • Bean You Points may be issued; target dates for Points and Platform Launch: 31 August 2026.

6. Non-acceptance of a Contribution

We may refuse contributions where acceptance would breach legal/regulatory requirements, be impracticable or against your interests, or risk financial loss. We will endeavour to inform you promptly.

7. ASILIF Project Execution

  • Use of contributions is at ASILIF’s sole discretion to develop/execute the project and platform.
  • Contributors gain no governance rights.
  • Funds shared with a Collaborating Entity may be used at that entity’s sole discretion.

8. Communication

Communications are in English and may be by email (subject to inherent delivery/security risks). We may monitor/record conversations as required by law and retain records as required.

9. Taxation and Other Costs

We do not provide legal, tax, or accounting advice. You are solely responsible for any tax implications arising from contributions, allocations, or transactions related to BEANYOU/iRWA.

10. Exclusion from Liability

Neither ASILIF nor associated developers/auditors/contractors/ founders accept liability for use or inability to use BEANYOU or compatible software/wallets, to the maximum extent permitted by law and where acting in good faith. This does not limit liability for fraud or death/personal injury.

11. Personal Information

ASILIF is the data controller of personal information processed under these T&Cs. We may share data with service providers, advisors, group companies, regulators, law enforcement, tax authorities, courts, and in restructuring scenarios, including outside the EEA with appropriate safeguards.

  • Subject Access Requests (SAR) may be made; a nominal statutory fee may apply.
  • Marketing communications may be sent (subject to consent); you can opt out.

12. Miscellaneous

  • Governing law: England and Wales. Courts of England and Wales have exclusive jurisdiction.
  • If a provision is invalid/unenforceable, the remainder continues in force.
  • Contributions, BEANYOU creation, and iRWA allocation are considered executed in the UK.
  • These T&Cs supersede public statements about BEANYOU/Bean You Platform.
  • No modifications unless expressly stated in writing by us.
  • This document is informational and not a prospectus or regulated securities offering.
  • ASILIF is not FCA-authorised; contributions/BEANYOU are not FCA-regulated products or services.
  • No partnership/joint venture is created by contributing or holding BEANYOU.
  • You may not act for another person (e.g., as agent/trustee) when contributing.
  • No assignment/transfer of your rights/responsibilities without our consent.
  • No third-party rights under the Contracts (Rights of Third Parties) Act 1999.

Further Information

For questions or complaints regarding your Contribution, BEANYOU, or iRWA, contact:

Address: Data Protection Team Bureau, Trinity Chapel, Wesley Place, Nixonsville, CF48 4Rs, UK (registered office)
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