“Art” means any art, design, drawing, or other pictorial or graphic work of authorship that may be associated with an NFT that You Own. “NFT” means any blockchain-tracked, non-fungible token, such as those conforming to the ERC-721 standard. “Own” means, with respect to an NFT, an NFT that You have purchased or otherwise rightfully acquired from a legitimate source, where proof of such purchase is recorded on the relevant blockchain. “Ownership” means the legal status of a person or entity that Owns a Purchased NFT.

You acknowledge and agree that Creator (or, as applicable, its licensors) owns all worldwide legal right, title and interest in and to the Art, and all intellectual property rights therein. The rights that You have in and to the Art are limited to those described in this License. Creator reserves all rights in and to the Art not expressly granted to You in this License.

A. General Use.

Subject to and conditioned upon Your continued compliance with the terms of this License, Creator grants You a worldwide, non-exclusive, royalty-free license to use, copy, and display the Art associated with Your Purchased NFTs, 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 NFTs, provided that the marketplace cryptographically verifies each NFT owner’s rights to display the Art associated with their Purchased NFTs 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 NFTs, provided that the website/application cryptographically verifies each NFT owner’s rights to display the Art associated with their Purchased NFTs 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.

B. Commercial Use.

Subject to and conditioned upon Your continued compliance with the terms of this License, Creator grants You a limited, worldwide, non-exclusive, license to use, copy, and display the Art associated with Your Purchased NFTs for the purpose of creating derivative works based upon the Art and commercializing Your own merchandise that includes, contains, or consists of the Art associated with Your Purchased NFTs or derivative works of such Art (“Commercial Use”).

For the sake of clarity, nothing in this Section (b) 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’s rights to display the Art associated with their Purchased NFTs 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’s rights to display the Art associated with their Purchased NFTs 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.

C. Transferability and Sublicensing.

The License granted hereunder is not assignable or transferable except in connection with Your sale of the Purchased NFT, and You acknowledge and agree that upon such sale the License shall be transferred by operation of law and the terms of this License to the person or entity to whom You convey Ownership of the Purchased NFT. While You Own the Purchased NFT, You may sublicense Your rights under this License to third parties, but only on condition that

(i) You provide written notice of all such sublicenses to the new Owner of the Purchased NFT following any change in Ownership of the Purchased NFT, and

(ii) such sublicenses shall be terminable by the new Owner. Following termination of a sublicense, physical embodiments of the Art lawfully made under such sublicenses, such as merchandise in inventory, may continue to be distributed.

You agree not to use the Art associated with Your Purchased NFTs in connection with images, videos, or other forms of media that depict hatred, intolerance, violence, cruelty, or anything else that could reasonably be found to constitute hate speech or otherwise infringe upon the rights of others.

The License granted in Section above applies only to the extent that You continue to Own the applicable Purchased NFT. If at any time You sell, trade, donate, give away, or otherwise transfer Ownership of Your Purchased NFT for any reason, the License granted will immediately be transferred to the new Owner with respect to that NFT as set forth above in Section (c) without the requirement of notice, and You will have no further rights in or to the Art associated with that NFT. If You exceed the scope of the license grant in Section (b) without entering into a broader license agreement with or obtaining an exemption from Creator, You acknowledge and agree that: (i) You are in breach of this License; (ii) in addition to any remedies that may be available to Creator at law or in equity, the Creator may immediately terminate this License, without the requirement of notice; and (iii) You will be responsible to reimburse Creator for any costs and expenses incurred by Creator during the course of enforcing the terms of this License against You.

We may revise and update these Terms of Service from time to time in our sole discretion. All changes are effective immediately when we post them, and apply to all access to and use of the Services thereafter. However, any changes to the dispute resolution provisions set out in Governing Law and Jurisdiction will not apply to any disputes for which the parties have actual notice before the date the change is posted on the Website. Your continued use of the Services following the posting of revised Terms of Service means that You accept and agree to the changes. You are expected to check this page from time to time so You are aware of any changes, as they are binding on You.