Developer Agreement

1. Scope of Work

Developer agrees to build a platform for Frenly Pandas that will allow NFT holders to:

  • Log in only if they own a Frenly Pandas NFT.
  • Claim rewards based on the NFTs they hold, with rewards determined by the Client.

The platform shall include:

  • Admin Panel: Basic analytics (user growth, rewards collected, etc.), reward distribution management, and the ability for the Client to set and edit rewards for each NFT.
  • Frenly Engine (Admin Rewards Portal – ARP): A custom tool that will allow the Client to manage rewards, set reward criteria, and automate reward distribution where possible.
  • Rewards Mechanism: Rewards may be distributed in ETH or in the form of digital content (such as coupon codes or other incentives).

The project is estimated to be completed within 31 days from the signing of this Agreement.

2. Payment Terms

The total discounted cost of the project is $10,000 USD, to be paid as follows:

  • Upfront Payment: $1111 in USD and 55 Frenly Panda NFTs upon signing this Agreement.
  • Upon Completion: An additional 55 Frenly Panda NFTs will be provided upon the delivery and approval of the final platform.
  • Post-Completion Payment: $1111 USD within 45 days after the project is completed and approved.
  • Ongoing Payments: Payments of $1111 USD as revenues are generated, until the total of $10,000 is paid in full.

Payment Method:

  • All payments will be made in Ethereum (ETH) to WiggleWork.eth or via Apple Pay to 303-944-0411.

Hosting Fees:

  • All code must be hosted on Developer’s server for a cost of $20 per month or $200 per year until the full $10,000 is paid in full.
  • After full payment, the Client may continue hosting on Developer’s server at the same rate or transfer the code to another hosting provider of their choice.

3. Revisions and Modifications

Minor revisions to the platform based on the Client’s feedback will be provided at no additional cost if requested within 14 days of completion. Additional changes or features outside the scope of this Agreement may be subject to a separate agreement and fees.

4. Ownership and Licensing

Upon full payment of the $10,000, all source code related to the platform will be provided to the Client.

The Developer grants Frenly Pandas a limited lifetime license to use the platform and Jacob’s proprietary technology implemented for this project. The license is limited to using the technology as-is for this website only and does not grant permission to modify or distribute the underlying technology.

5. Confidentiality

Developer agrees to keep confidential all information relating to the Client’s project, business plans, and the platform itself. Client agrees to keep confidential and not share or publish any code provided. These obligations will remain in effect both during and after the term of this Agreement.

6. Termination

Either party may terminate this Agreement with 30 days’ written notice. In the event of termination, the Client agrees to pay for the work completed up until the termination date, including any relevant NFTs or cash payments due.

7. Governing Law

This Agreement shall be governed by and construed in accordance with the laws of the State of Colorado.

8. Dispute Resolution

In the event of any dispute arising under this Agreement, the Parties agree to first seek mediation. If mediation fails, the dispute will be resolved in a court of competent jurisdiction.