Cancelled indicates that a registered Web3+ contract is no longer active or scheduled for processing _

Cancelled is a status label which is applied to registered collaborative engagement or exchange documentation [contracts], and possibly to NEST® services, when such formally dissolved relationships have been agreed to be revoked or removed by relevant, confidentially executing parties.

Reasons and rationales as to why such contract or similarly formalized Web3, real-world contractual agreements can be cancelled include, but are not limited to: i) requests by participants that precede completion activity; ii) NEST® member’s profile account deletion; iii) inactivity as relates to registered collaborative engagement or exchange; iv) non-performance or non-communication held as required or a prerequisite of registered successful completion and the like.

As confirmed by participants, registered collaborative engagements or exchanges may be classified as cancelled within the appropriate, specified time frames following dual member certification.