Terms of Use

Last revised: April 6, 2023
These Terms of Use (“Terms”) apply to your purchase, sale and display of our non-fungible tokens (“NFTs”). Some purchases of NFTs may include special aspects, such as utility or access. The terms regarding such aspects (“Aspect Terms”) accompany and are set forth in the description of each NFT. To the extent there is a conflict between these Terms and the Aspect Terms, the Aspect Terms control.
These Terms are entered into between you and Maverick Club LLC, located at 1064 Ponce de Leon, Suite 507, San Juan, Puerto Rico 00907 (“Maverick Club”) and 99 Originals, LLC, a Wyoming limited liability company (“99 Originals“ and, together with Maverick Club, “Company,” “we,” or “us”). These Terms expressly incorporate any other instruments or documents referenced herein (such as our Privacy Policy, EU Privacy Policy and California Privacy Policy) and govern your access to and use of this site (the “Site”), as well as all content, functionality and services offered on or through the Site, including the NFTs.
Definitions
“Art” means any digital creation, art, design, and drawings created by its author, and first released to the public by the Creator, that may be associated with a particular NFT that can be transferred to an Owner.
“Attribute“ means each and all constituent elements of the Art, taken independently of the overall Art, including designs and patterns of the background, clothes, earrings, eyes, face accessories, facial features, hairstyle, lips, mouth, necklace, and skin tone.
“Creator” means the entity which released to the public the purchased NFT, and related Art, on behalf of its author.
“NFT” means any blockchain-tracked, non-fungible token, such as those conforming to the ERC-1155, ERC-998 or ERC-721 standards, issued and tradable on a blockchain.
1. Reviewing and Accepting These Terms
Please read these Terms carefully, as they set out your rights and responsibilities when you use this Site to purchase NFTs (the “Services”). When each NFT is sold for the first time, the agreement for sale is between the Company and the initial purchaser. If the initial purchaser decides to sell the NFT through this Site, then this Site serves only as a platform that facilitates transactions between a buyer and a seller, and the Company is not a party to any agreement between such buyer and seller of NFTs or between any other users. The Company is not a broker dealer and is not registered as such with the Securities and Exchange Commission (the “SEC”). The Company is not engaged in the business of buying, selling, or effecting transactions in securities.
When you connect your cryptocurrency wallet to the Site using a trusted service provider, such as MetaMask or Wallet Connect, you accept and agree to be bound and abide by these Terms and all of the terms incorporated herein by reference. By agreeing to these Terms, you hereby certify, represent and warrant that you are at least 18 years of age. If you do not agree to these Terms, you must not access or use the Site.
Please note that Section 17 sets forth an arbitration clause and class action waiver. By agreeing to these Terms, you agree to resolve all disputes through binding individual arbitration, which means that you waive any right to have the dispute decided by a judge or jury, and you waive any right to participate in collective action, whether that be a class action, class arbitration or representative action. You have the ability to opt-out of this arbitration clause by sending us notice of your intent to do so within thirty (30) days of your initial agreement to these Terms.
We reserve the right to change or modify these Terms at any time and in our sole discretion. You agree and understand that by accessing or using the Site following any change to these Terms, you are agreeing to the revised Terms and all of the terms incorporated therein by reference.
Review the Terms each time you access the Site to ensure that you acknowledge and agree to the current Terms and understand how the Terms apply to your activities on the Site.
2. Linking Your Cryptocurrency Wallet
When you link your cryptocurrency wallet, you understand and agree that you are solely responsible for maintaining the security of your wallet and your control over any wallet-related authentication credentials, private or public cryptocurrency keys, non-fungible tokens, cryptocurrencies and/or digital assets that are stored in or are accessible through your wallet. Any unauthorized access to your cryptocurrency wallet by third parties could result in the loss or theft of cryptocurrencies (including NFTs) and/or funds held in your wallet and any associated wallets, including any linked financial information such as bank account(s) or credit card(s). We are not responsible for managing and maintaining the security of your cryptocurrency wallet nor for any unauthorized access to or use of your cryptocurrency wallet or any loss resulting therefrom. If you notice any unauthorized or suspicious activity in your cryptocurrency wallet that seems to be related to or associated with this Site, please notify us immediately.
3. Ownership
You own the NFT that you purchase. All NFTs are stored on and accessible through the Ethereum blockchain. As such, the Company does not maintain the NFTs on this Site and, aside from transferring control of the NFT to the initial purchaser of the NFT, the Company has no control over the transfer, storage, ownership or maintenance of the NFT. You acknowledge and agree you are not purchasing or holding the NFT with a view toward resale or appreciation in value. The NFT is a work of art and not a security.
Unless otherwise indicated in writing by us, the Site, all content, and all other materials contained therein, including, without limitation, our logos, and all designs, text, graphics, pictures, information, data, software, sound files, other files and the selection and arrangement thereof (collectively, “Site Content”) are our property or property of our affiliates, licensors or users, as applicable. Any product or service name, logo or slogan that may appear on the Site or elsewhere are our trademarks, trademarks of our affiliates or trademarks of the respective owner, and may not be copied, imitated or used, in whole or in part, without our prior, written permission.
You may not use any Site Content or link to the Site without our prior, written permission. You may not use framing techniques to enclose any Site Content without our express, written consent. In addition, the look and feel of the Site Content, including without limitation, all page headers, custom graphics and designs, button icons and scripts constitute the service mark, trademark or trade dress of us and may not be copied, imitated or used, in whole or in part, without our prior, written permission.
4. Terms of Sale
By placing an order on the Site, you agree that you are submitting a binding offer to purchase an NFT or other Service. If you are the initial purchaser of a particular NFT or you are purchasing a particular Service, then all amounts due are to be paid to us. If you are not the initial purchaser of a particular NFT, then all associated amounts must be paid to the current holder of the relevant NFT. You also acknowledge and agree that Company receives four percent (4.00%) of every subsequent sale of any NFT (“Royalty”). For example, if you are the initial purchaser, and you sell the relevant NFT for $100.00 to a subsequent purchaser, $4.00 will automatically be transferred to Company and you will receive $96.00. Company has the right to collect Royalties for NFT sales in perpetuity and may use those funds in any manner Company sees fit, including donations to a charity of Company"s choosing. Company may change the Royalty amount at its discretion.
As such, if you sell a NFT on a third-party NFT marketplace, you agree to include a statement substantially similar to the following in the description of the NFT:
“4.00% Royalty Applies. See 99 Originals Terms for details.”
In addition, when you purchase or sell a particular NFT on this Site, you agree to pay all applicable fees associated with the transaction and you authorize us to automatically charge and collect such fees from your payment.
No refunds are permitted except to the extent required by any statutory obligations, warranties or guaranties that cannot be excluded or limited by law.
5. Intellectual Property
Other than Site Content and any intellectually property specifically described in Paragraph 3 herein, all other trademarks, product names and logos on the Site are the property of their respective owners and may not be copied, imitated or used, in whole or in part, without the permission of the applicable trademark holder. Without limiting the foregoing, if you believe that third party material hosted on the Site infringes your copyright or trademark rights, please provide a notice of infringement by contacting us at info@originals.com.
(a) Copyright Notice
Your notice must contain the following information as required by the Digital Millennium Copyright Act (17 U.S.C. §512) (“DMCA”):
(i) the full name and a physical or electronic signature of the person authorized to act on behalf of the copyright owner;
(ii) identification of the copyrighted work claimed to have been infringed (if multiple copyrighted works are covered by your notice, you may provide a representative list of the copyrighted works that you claim have been infringed);
(iii) reasonably sufficient detail to enable us to identify and locate the copyrighted work that is claimed to be infringing (e.g., a link to the page on the Site that contains the material);
(iv) a mailing address, telephone number, and email address where we can contact you;
(v) a statement that you have a good faith belief that the disputed use of the copyrighted work is not authorized by the copyright owner, its agent or the law; and
(vi) a statement made by you, under penalty of perjury, that the information in the notice is accurate and that you are the copyright owner or authorized to act on behalf of the copyright owner.
Please submit your notice by contacting us.
Once you provide us with an adequate notice as described above, we will use our best efforts to respond expeditiously and take whatever action, in our sole discretion, that is deemed appropriate including removal of the disputed copyrighted work from the Site.
Counter-Notice:
If you believe that a DMCA notice of copyright infringement has been improperly submitted against you, you may submit a counter-notice by contacting us with the following information required by the DMCA:
(i) your physical or electronic signature;
(ii) identification of the copyrighted work that has been removed or to which access has been disabled including a link to the page on the Site that contained the material before it was removed or disabled;
(iii) a statement under penalty of perjury that you have a good faith belief that the copyrighted work was removed or disabled as a result of mistake or misidentification;
(iv) your name, address, e-mail address and telephone number; and
(v) a statement that you: (a) consent to the jurisdiction of the federal district court in the judicial district where your address is located if the address is in the United States, or the United District Court for the Southern District of New York (Manhattan) if your address is located outside of the United States, and (b) accept service of process from the person who provided the DMCA notice of the alleged copyright infringement.
Please submit your counter-notice by contacting us at info@originals.com.
In the event that Company receives a counter-notice in compliance with the above requirements, we will provide the party who submitted the DMCA copyright infringement notice with a copy of the counter-notice, informing them that Company will replace the removed material in ten (10) business days from the date of the counter-notice unless Company first receives notice from the person who submitted the DMCA copyright infringement notice that they have filed an action seeking a court order to restrain the allegedly infringing activity.
PLEASE NOTE THAT WE INTEND TO COMPLY WITH ALL PROVISIONS OF THE DIGITAL MILLENNIUM COPYRIGHT ACT, BUT WILL NOT UNILATERALLY TAKE RESPONSIBILITY FOR POLICING AND REMOVING MATERIAL THOUGHT TO BE INFRINGING.
(b) Trademark Notice
If you are a trademark owner and believe that third party material hosted on the Site infringes your rights, please send us a notice containing the information requested for a DMCA Notice, as described above. Upon receipt of the requested information, we will respond expeditiously and take whatever action, in our sole discretion, that is deemed appropriate including removal of the disputed trademark from the Site.
We hereby grant you a limited, non-exclusive, non-transferable, revocable license to access and use the Site Content. In return, you agree: (i) not to engage, or assist, in any activity that violates any law, statute, ordinance, regulation or sanctions program, including but not limited to the U.S. Department of Treasury&qout;s Office of Foreign Assets Control (“OFAC”), or that involves proceeds of any unlawful activity; (ii) not to engage in any other activity or behavior that poses a threat or causes harm or damage to us, our affiliates, other users or any other third parties (e.g., by distributing a virus or other harmful code, or through unauthorized access to the Site or other users&qout; cryptocurrency wallets); and (iii) not to interfere with other users&qout; access to or use of the Services.
You also agree not to: (i) distribute, publish, broadcast, reproduce, copy, retransmit or publicly display any Site Content; (2) modify or create derivative works from the Site Content, or any portion thereof; (3) use any data mining, robots or similar data gathering or extraction methods on the Site Content; or (4) download any portion of the Site Content, other than for purposes of page caching, except as expressly permitted by us.
Personal Use. Subject to your continued compliance with these Terms, we grant you a worldwide, royalty-free license to use, copy, and display the purchased Art, along with any extensions that you choose to create or use, solely for the following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your NFT, provided that the marketplace cryptographically verifies each NFT owner&qout;s rights to display the Art for their NFT to ensure that only the actual owner can display the Art; or (iii) as part of a third party website or application that permits the inclusion, involvement or participation of your NFT, provided that the website/application cryptographically verifies each NFT owner&qout;s rights to display the Art for their NFT to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the NFT leaves the website/application.
Commercial Use. Subject to your continued compliance with these Terms, we grant you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use include the use of the Art to produce and sell merchandise products (e.g., T-Shirts) displaying copies of the Art. Nothing in this section will be deemed to restrict you from: (i) owning or operating a marketplace that permits the use and sale of NFTs generally, provided that the marketplace cryptographically verifies each NFT owner&qout;s rights to display the Art for their NFT to ensure that only the actual owner can display the Art; (ii) owning or operating a third party website or application that permits the inclusion, involvement or participation of NFTs generally, provided that the third party website or application cryptographically verifies each NFT owner&qout;s rights to display the Art for their NFT to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the Purchased NFT leaves the website/application; or (iii) earning revenue from any of the foregoing.
If you are unsure whether a contemplated use of the Site Content or a NFT and its content would violate these Terms, please contact us at info@originals.com.
6. Taxes:
We are not responsible for determining the withholding, sales, use, value added, transfer or other taxes, together with any interest and penalties imposed with respect thereto (“Taxes”), that may apply to transactions on this Site. You agree that you are solely responsible for determining what, if any, Taxes apply to your transactions and to withhold, collect, report and remit the correct amounts of Taxes to the appropriate taxing authorities. Unless otherwise indicated on an applicable invoice, amounts due on this Site are exclusive of sale, use, value added or similar Taxes (“Sales Taxes”). Sales Taxes are your sole responsibility. Upon our request, you agree to promptly provide a properly executed Internal Revenue Service Form W-9 or applicable Internal Revenue Service W-8 and any other tax form that is reasonably required by us to comply with our tax reporting obligations.
7. Privacy
You acknowledge and agree to the collection, use and disclosure of your personal information in accordance with our Privacy Policy, which is incorporated into these Terms.
8. Modifications
You agree and understand that we may modify part or all of this Site or the Services without notice, and that we may update these Terms and any other document incorporated by reference therein at any time.
9. Risks
Please note the following (non-exhaustive) set of risks in accessing, purchasing, possessing, selling or using NFTs.
The price and liquidity of blockchain assets, including NFTs, are extremely volatile and may be subject to large fluctuations.
Fluctuations in the price of other digital assets could materially and adversely affect NFTs, which may also be subject to significant price volatility.
Legislative and regulatory changes or actions at the state, federal or international level may adversely affect the use, transfer, exchange and value of NFTs.
NFTs are not legal tender and are not backed by any government.
Transactions in NFTs may be irreversible, and, accordingly, losses due to fraudulent or accidental transactions may not be recoverable.
Some transactions in NFTs shall be deemed to be made when recorded on a public ledger, which is not necessarily the date or time that you initiated the transaction.
The value of NFTs may be derived from the continued willingness of market participants to exchange fiat currency or digital assets for NFTs, which may result in the potential for permanent and total loss of value of a particular NFT should the market for that NFT disappear.
NFTs are software code and, as such are susceptible to viruses, hacks, security breaches, bugs, interoperability failures and other causes of diminution in operation, if not outright performance failure of disablement.
The underlying technology in NFTs is less than fifteen years old and is still in an experimental phase.
You also agree and understand that some of the images, themes, verbiage and other aspects of the content associated with the NFTs contemplated by these Terms might be of a graphic nature, including nudity, sexuality and use of drugs or mind altering substances. You are solely responsible for determining whether such content is appropriate for your use, consumption and/or resale. You represent and warrant that you will not allow such content to be exposed to anyone under eighteen (18) years of age.
10. Disclaimers
EXCEPT AS EXPRESSLY PROVIDED TO THE CONTRARY IN A WRITING BY US, THE SITE AND ANY SITE CONTENT CONTAINED THEREIN, AND ANY AND ALL NFTS LISTED THEREIN ARE PROVIDED ON AN “AS IS” AND “AS AVAILABLE“ BASIS WITHOUT WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE (AND OUR AFFILIATES AND SUPPLIERS) MAKE NO WARRANTY THAT THE SITE WILL: (1) MEET YOUR REQUIREMENTS; (2) BE AVAILABLE ON AN UNINTERRUPTED, TIMELY, SECURE OR ERROR-FREE BASIS; OR (3) BE ACCURATE, RELIABLE, COMPLETE, LEGAL OR SAFE.
WE WILL NOT BE LIABLE FOR ANY LOSS OF ANY KIND FROM ANY ACTION TAKEN (OR TAKEN IN RELIANCE ON MATERIAL OR INFORMATION, CONTAINED) ON THE SITE. WE DO NOT REPRESENT OR WARRANT THAT SITE CONTENT IS ACCURATE, COMPLETE, RELIABLE, CURRENT OR ERROR-FREE.
WHILE WE ATTEMPT TO MAKE YOUR ACCESS TO AND USE OF THE SITE AND SITE CONTENT SAFE, WE CANNOT AND DO NOT REPRESENT OR WARRANT THAT THE SITE, SITE CONTENT, ANY NFTS LISTED ON OUR SITE OR OUR SERVERS ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE CANNOT GUARANTEE THE SECURITY OF ANY DATA THAT YOU DISCLOSE ONLINE. YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND WILL NOT HOLD US RESPONSIBLE FOR ANY BREACH OF SECURITY UNLESS IT IS DUE TO OUR GROSS NEGLIGENCE.
WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKE NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR, ANY USE OF NFTS INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES OR CLAIMS ARISING FROM: (A) USER ERROR SUCH AS FORGOTTEN PASSWORDS OR KEYS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED ADDRESSES; (B) SERVER FAILURE OR DATA LOSS; (C) CORRUPTED WALLET FILES; (D) UNAUTHORIZED ACCESS TO APPLICATIONS; (E) ANY UNAUTHORIZED THIRD PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTE FORCING OR OTHER MEANS OF ATTACK AGAINST THE SITE OR NFTS.
NFTS ARE INTANGIBLE DIGITAL ASSETS. THEY EXIST ONLY BY VIRTUE OF THE OWNERSHIP RECORD MAINTAINED IN THE ETHEREUM NETWORK. ANY TRANSFER OF OWNERSHIP, POSSESSION OR TITLE THAT MIGHT OCCUR IN ANY UNIQUE DIGITAL ASSET OCCURS ON THE DECENTRALIZED LEDGER WITHIN THE ETHEREUM PLATFORM. WE DO NOT GUARANTEE THAT WE OR ANY OF OUR AFFILIATES CAN EFFECT THE TRANSFER OF TITLE OR RIGHT IN ANY NFT.
OWNERSHIP OF A NFT PURCHASED ON THIS SITE SHALL ENTITLE THE OWNER TO MEMBERSHIP IN THE 99 ORIGINALS DECENTRALIZED AUTONOMOUS ORGANIZATION (“DAO”). MEMBERS OF THE DAO ARE ENTITLED TO ONE (1) VOTE FOR EACH NFT PURCHASED ON THIS SITE AND HELD BY SUCH MEMBER. MEMBERS OF THE DAO MAY VOTE FROM TIME TO TIME ON PROJECTS, COLLABORATIONS, AND PROPOSALS ON VARIOUS TOPICS OF MUTUAL INTEREST, WHICH MAY INCLUDE INVESTMENTS IN SECURITIES. NO VOTES, RECOMMENDATIONS, OR ACTIONS OF THE DAO ARE INTENDED TO BE OR SHOULD BE INTERPRETED AS INVESTMENT ADVICE. BY PARTICIPATING IN THE DAO, NFT HOLDERS ACKNOWLEDGE AND AGREE THEY ARE INDIVIDUALLY RESPONSIBLE FOR THEIR OWN INVESTMENT DECISIONS AND WILL CONSULT THEIR OWN LEGAL, ACCOUNTING, AND TAX ADVISERS PRIOR TO MAKING ANY INVESTMENT. THE VOTES BY MEMBERS OF THE DAO ARE ADVISORY ONLY AND NO VOTE BY MEMBERS OF THE DAO SHALL BE BINDING ON THE DAO, COMPANY, OR ANY OF THEIR AFFILIATES ABSENT THE CONSENT AND ACTION OF LOGAN PAUL, THE MANAGER OF COMPANY (“MANAGER”), WHO SHALL HAVE SOLE DISCRETION TO DETERMINE ANY ACTIONS, INCLUDING ANY INVESTMENTS, OF THE DAO. MEMBERS OF THE DAO ACKNOWLEDGE AND AGREE NONE OF MANAGER, THE DAO, OR COMPANY ARE PROVIDING INVESTMENT, FINANCIAL, LEGAL, ACCOUNTING, OR TAX ADVICE TO ANY MEMBERS OF THE DAO, AND ARE NOT AN INVESTMENT ADVISOR, BROKER DEALER, RESEARCH ANALYST, OR OTHER REGISTERED ENTITY OR FINANCIAL PROFESSIONAL. YOU ACKNOWLEDGE AND AGREE NO INVESTMENT ADVISER RELATIONSHIP IS ESTABLISHED BETWEEN ANY OF COMPANY, MANAGER, OR ANY MEMBER BY PARTICIPATION OR MEMBERSHIP IN THE DAO. THE DAO IS A COMMUNITY OF INDIVIDUALS WHO COLLABORATE TO MAKE SUGGESTIONS ON TOPICS OF MUTUAL INTEREST. NO INVESTMENT RECOMMENDATION MAY BE INFERRED AS A RESULT OF THE DAO"S VOTES OR THE DAO"S, MANAGER"S, OR COMPANY"S ACTION OR INVESTMENT IN ANY SECURITY, ASSET, OR PROJECT.
IF THE DAO MAKES AN INVESTMENT IN A SECURITY, ONLY THE MEMBERS OF THE DAO AT THE TIME ANY DIVIDEND OR DISTRIBUTION IS MADE SHALL BE ENTITLED TO A DISTRIBUTION OF PROCEEDS FROM THAT INVESTMENT IN THE EVENT THE DAO OR COMPANY RECEIVE A RETURN ON THE INVESTMENT. ANY DISTRIBUTION OR DIVIDEND SHALL BE CONTINGENT ON THE MEMBER RECIPIENT COMPLETING AND SUBMITTING TO COMPANY A U.S. TAXPAYER IDENTIFICATION NUMBER VERIFICATION ON IRS FORM W-9, FORM W-8BEN, OR OTHER APPROPRIATE DOCUMENT PRIOR TO DISTRIBUTION. IN THE EVENT THE RECIPIENT MEMBER DOES NOT HAVE A U.S. TAXPAYER ID NUMBER, THE DISTRIBUTION MAY BE SUBJECT TO BACKUP WITHHOLDING. BY PARTICIPATING IN THE DAO, EACH NFT HOLDER ACKNOWLEDGES AND AGREES MANAGER SHALL HAVE THE SOLE DISCRETION TO DETERMINE THE TIMING AND EXECUTION OF ANY INVESTMENT, SALE, TRANSFER, LIQUIDATION, AND DISTRIBUTION WITH RESPECT TO ANY ASSETS OF COMPANY AND THE DAO.
EACH NFT HOLDER ACKNOWLEDGES AND AGREES THE DAO IS A PARTICIPATORY COMMUNITY AND NO INVESTMENT ADVICE IS BEING RENDERED OR RECEIVED BY COMPANY, THE DAO, MANAGER, OR ANY MEMBERS OF THE DAO BY PARTICIPATING IN THE DAO. COMPANY SHALL MANAGE THE ASSETS OF THE DAO. NFT HOLDERS SHALL HAVE NO RIGHT TO ANY ASSETS OF THE DAO UNLESS, AND ONLY TO THE EXTENT, MANAGER DETERMINES TO MAKE A DISTRIBUTION OR APPLY PROCEEDS FROM THE ASSETS OF THE DAO. IN NO EVENT SHALL THE DAO, COMPANY, OR MANAGER BE LIABLE TO ANY NFT HOLDER OR MEMBER OF THE DAO. BY PARTICIPATING IN THE DAO, EACH MEMBER ACKNOWLEDGES, AGREES TO, AND REPRESENTS SUCH MEMBER HAS READ AND UNDERSTANDS THE LIMITATIONS DESCRIBED IN THESE TERMS AND AGREES TO HOLD HARMLESS MANAGER, COMPANY, THE DAO, AND THEIR AFFILIATES, EMPLOYEES, DIRECTORS, OFFICERS, MANAGERS, AND MEMBERS FROM ANY COSTS OR LIABILITIES THAT MAY BE SUSTAINED AS A RESULT OF OWNERSHIP OF THE NFT OR PARTICIPATION IN THE DAO.
We are not responsible for sustained casualties due to vulnerability or any kind of failure, abnormal behavior of software (e.g., wallet, smart contract), blockchains or any other features of the NFTs. We are not responsible for casualties due to late report by developers or representatives (or no report at all) of any issues with the blockchain supporting NFTs including forks, technical node issues or any other issues having fund losses as a result.
Nothing in these Terms shall exclude or limit liability of either party for fraud, death or bodily injury caused by negligence, violation of laws or any other activity that cannot be limited or excluded by legitimate means.
SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES IN CONTRACTS WITH CONSUMERS, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.
11. Limitation of Liability
TO THE FULLEST EXTENT PERMITTED BY LAW, IN NO EVENT WILL WE BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY LOST PROFIT OR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES ARISING FROM THESE TERMS, THE SITE, SITE CONTENT, THE SERVICES OR THIRD PARTY SITES AND PRODUCTS OR FOR ANY DAMAGES RELATED TO LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL OR LOSS OF DATA, WHETHER CAUSED BY TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE AND EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. ACCESS TO, AND USE OF, THE SITE, SITE CONTENT, THE SERVICES OR THIRD PARTY SITES AND PRODUCTS ARE AT YOUR OWN DISCRETION AND RISK, AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR MOBILE DEVICE OR LOSS OF DATA RESULTING THEREFROM.
NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, IN NO EVENT SHALL THE MAXIMUM AGGREGATE LIABILITY OF COMPANY ARISING OUT OF OR IN ANY WAY RELATED TO THIS AGREEMENT, THE ACCESS TO AND USE OF THE SITE, SITE CONTENT, NFTS OR ANY SERVICES PURCHASED ON THE SITE EXCEED THE GREATER OF: (A) $100; OR (B) THE AMOUNT YOU HAVE PAID TO US FOR THE SERVICES IN THE LAST TWELVE (12) MONTHS OUT OF WHICH SUCH LIABILITY AROSE.
12. Indemnification
To the fullest extent permitted by applicable law, you agree to indemnify, defend and hold harmless Company, and our respective past, present and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors and assigns (individually and collectively, the “Indemnified Parties”), from and against all actual or alleged third party claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys" fees and expenses) and costs (including, without limitation, court costs, costs of settlement and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract or otherwise (collectively, &ldquot;Claims&rdquot;), including, but not limited to, damages to property or personal injury, that are caused by, arise out of or are related to: (a) your use or misuse of the Site, Site Content, or NFTs; (b) your violation of these Terms; (c) your violation of the rights of a third party, including another user; and (d) your failure to pay any Taxes or Sales Taxes in connection with your transactions on this Site or to provide us with a properly executed tax form described in Section 8. You agree to promptly notify us of any third party Claims and cooperate with the Indemnified Parties in defending such Claims. You further agree that the Indemnified Parties shall have control of the defense or settlement of any third party Claims. THIS INDEMNITY IS IN ADDITION TO, AND NOT IN LIEU OF, ANY OTHER INDEMNITIES SET FORTH IN A WRITTEN AGREEMENT BETWEEN YOU AND US.
13. Governing Law
These Terms of Use, your rights and obligations, and all actions contemplated by, arising out of or related to these Terms shall be governed by the laws of the State of Wyoming, as if these Terms are a contract wholly entered into and wholly performed within the State of Wyoming. YOU UNDERSTAND AND AGREE THAT YOUR USE OF THIS SITE AS CONTEMPLATED BY THESE TERMS SHALL BE DEEMED TO HAVE OCCURRED IN THE STATE OF WYOMING AND BE SUBJECT TO THE INTERNAL LAWS OF THE STATE OF WYOMING WITHOUT REGARD TO ITS CONFLICTS OF LAWS PROVISIONS.
14. Disputes and Arbitration Agreement
Carefully read the following arbitration agreement (“Arbitration Agreement”). It requires you to arbitrate disputes with Company and limits the manner in which you can seek relief from us.
Applicability of Arbitration Agreement. You agree that any dispute or claim relating in any way to your access or use of the Site, to any Services sold or distributed through the Site, including NFTs, or to any aspect of your relationship with Company will be resolved by binding arbitration, rather than in court, except that: (1) you may assert claims in small claims court if your claims qualify; and (2) you or Company may seek equitable relief in court for infringement or other misuse of intellectual property rights (such as trademarks, trade dress, domain names, trade secrets, copyrights and patents).
Arbitration Rules and Forum. The Federal Arbitration Act governs the interpretation and enforcement of this Arbitration Agreement. To begin an arbitration proceeding, you must send a letter requesting arbitration and describing your claim to by contacting us. The arbitration will be conducted by JAMS, an established alternative dispute resolution provider. Disputes involving claims and counterclaims under $250,000, not inclusive of attorneys" fees and interest, shall be subject to JAMS" most current version of the Streamlined Arbitration Rules and procedures available at http://www.jamsadr.com/rules-streamlined-arbitration/; all other claims shall be subject to JAMS" most current version of the Comprehensive Arbitration Rules and Procedures, available at http://www.jamsadr.com/rules-comprehensive-arbitration/. JAMS" rules are also available at jamsadr.com or by calling JAMS at 800-352-5267. If JAMS is not available to arbitrate, the parties will select an alternative arbitral forum. If the arbitrator finds that you cannot afford to pay JAMS" filing, administrative, hearing and/or other fees and cannot obtain a waiver from JAMS, Company will pay them for you. You may choose to have the arbitration conducted by telephone or video conference or based on written submissions, or you may request to meet in-person for arbitration in Los Angeles, California. You agree that any judgment on the award rendered by the arbitrator may be entered in any court of competent jurisdiction. Authority of Arbitrator. The arbitrator shall have exclusive authority to: (a) determine the scope and enforceability of this Arbitration Agreement; and (b) resolve any dispute related to the interpretation, applicability, enforceability or formation of this Arbitration Agreement including, but not limited to any claim that all or any part of this Arbitration Agreement is void or voidable. The arbitration will decide the rights and liabilities, if any, of you and Company. The arbitration proceeding will not be consolidated with any other matters or joined with any other cases or parties. The arbitrator shall have the authority to award monetary damages and to grant any non-monetary remedy or relief available to an individual under applicable law, the arbitral forum"s rules and the Agreement (including the Arbitration Agreement). The arbitrator shall issue a written award and statement of decision describing the essential findings and conclusions on which the award is based, including the calculation of any damages awarded. The arbitrator has the same authority to award relief on an individual basis that a judge in a court of law would have. The award of the arbitrator is final and binding upon you and us. You agree that, to the extent monetary or non-monetary remedy or relief is granted, such request for relief may be enforced as needed by any court of competent jurisdiction.
Waiver of Jury Trial. YOU AND COMPANY HEREBY WAIVE ANY CONSTITUTIONAL AND STATUTORY RIGHTS TO SUE IN COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY. You and Company are instead electing that all claims and disputes shall be resolved by arbitration under this Arbitration Agreement, except as otherwise indicated in this Section 14. An arbitrator can award on an individual basis the same damages and relief as a court and must follow this Arbitration Agreement as a court would. However, there is no judge or jury in arbitration, and court review of an arbitration award is subject to very limited review.
Waiver of Class or Other Non-Individualized Relief. ALL CLAIMS AND DISPUTES WITHIN THE SCOPE OF THIS ARBITRATION AGREEMENT MUST BE ARBITRATED ON AN INDIVIDUAL BASIS AND NOT ON A OR COLLECTIVE CLASS BASIS, ONLY INDIVIDUAL RELIEF IS AVAILABLE, AND CLAIMS OF MORE THAN ONE (1) CUSTOMER OR USER CANNOT BE ARBITRATED OR CONSOLIDATED WITH THOSE OF ANY OTHER CUSTOMER OR USER. If a decision is issued stating that applicable law precludes enforcement of any part of this subsection"s limitations as to a given claim for relief, then that claim must be severed from the arbitration and brought in the state or federal courts located in the State of California. All other claims shall be arbitrated.
30-Day Right to Opt Out. You have the right to opt out of the provisions of this Arbitration Agreement by contacting us and sending written notice of your decision to opt out within thirty (30) days after first becoming subject to this Arbitration Agreement. Your notice must include your name and address, the cryptocurrency wallet address you used to transact on this Site (if you have one), and an unequivocal statement that you want to opt out of this Arbitration Agreement. If you opt out of this Arbitration Agreement, all other parts of this Agreement will continue to apply to you. Opting out of this Arbitration Agreement has no effect on any other arbitration agreements that you may currently have, or may enter in the future, with us.
15. Severability.
Except as provided herein, if any part or parts of this Arbitration Agreement are found under the law to be invalid or unenforceable, then such specific part or parts shall be of no force and effect and shall be severed and the remainder of the Arbitration Agreement shall continue in full force and effect.
16. Survival of Agreement.
This Arbitration Agreement will survive the termination of your relationship with Company.
17. Modification.
Notwithstanding any provision in these Terms to the contrary, we agree that if Company makes any future material change to this Arbitration Agreement, you may reject that change within thirty (30) days of such change becoming effective by contacting us.
18. Severability
If any term, clause, or provision of these Terms is held invalid or unenforceable, then that term, clause, or provision shall be severable from these Terms and will not affect the validity or enforceability of any remaining part of that term, cause, or provision or any other terms, clause, or provision of these Terms.
19. Entire Agreement
These Terms comprise the entire agreement between you and us relating to your access to and use of the Site, Site Content and any NFTs you have purchased, and supersede any and all prior discussions agreements, and understandings of any kind. Except as otherwise provided herein, these Terms are intended solely for the benefit of the parties and are not intended to confer third party beneficiary rights upon any other person or entity.