*This license agreement is modeled on and derived from the Yuga Labs license for CryptoPunks issued in 2022.
MAD CYBORGS TERMS
Mad Cyborgs is a collection of unique digital collectible characters represented by non-fungible tokens (such tokens, "Mad Cyborgs NFTs") minted by a smart contract deployed to the Ethereum blockchain (the "Mad Cyborgs Smart Contract"). The Mad Cyborgs Smart Contract associates each Mad Cyborgs NFT with a piece of digital art displaying one of the Mad Cyborgs characters ("Mad Cyborgs Art").
These terms ("Terms") are a legally binding agreement by and between Wizart Labs ("Wizart Labs," "we" or "us"), and any owner of a Mad Cyborgs NFT ("you" or "Owner") governing the parties' rights and obligations with respect to Mad Cyborgs NFTs and Mad Cyborgs Art.
NOTICE REGARDING ARBITRATION AND CLASS ACTION WAIVER:
BY ACCEPTING THESE TERMS, YOU AGREE THAT ANY DISPUTE OR CLAIM BETWEEN YOU AND WIZART LABS WILL, TO THE EXTENT PERMITTED BY APPLICABLE LAW, BE RESOLVED THROUGH INDIVIDUAL ARBITRATION OR ALTERNATIVE DISPUTE RESOLUTION, RATHER THAN THROUGH COURT PROCEEDINGS.
PLEASE REVIEW SECTION 10 (DISPUTE RESOLUTION) FOR FURTHER DETAILS. HOWEVER, IF YOU ARE A RESIDENT OF A JURISDICTION WHERE APPLICABLE LAW PROHIBITS MANDATORY ARBITRATION, THEN SECTION 10 (DISPUTE RESOLUTION) WILL NOT APPLY TO YOU, AND ANY DISPUTES SHALL BE RESOLVED IN ACCORDANCE WITH SECTION 12 (GOVERNING LAW AND FORUM CHOICE).
TO THE EXTENT PERMITTED BY LAW, YOU ALSO AGREE NOT TO BRING OR JOIN ANY CLAIMS AS A CLAIMANT OR CLASS MEMBER IN ANY PURPORTED CLASS, COLLECTIVE, OR REPRESENTATIVE PROCEEDING. THIS DOES NOT AFFECT ANY RIGHTS YOU MAY HAVE THAT CANNOT BE LAWFULLY WAIVED.
1. Ownership.
(a) You Own Your Mad Cyborgs NFT. When you own a digital wallet that holds a Mad Cyborgs NFT, as ¡recorded by the Mad Cyborgs Smart Contract, you hold the exclusive right to hold, sell* (see e), transfer, and execute blockchain transactions involving that Mad Cyborgs NFT ("Your Mad Cyborgs NFT"). Except for the Mad Cyborgs NFTs we own, WizArt Labs have no right or ability to seize, freeze, or otherwise modify the ownership of any Mad Cyborgs NFT. You acknowledge and agree that WizArt Labs, Mad Cyborgs (or, as applicable, its licensors) owns all legal right, title and interest in and to the Art and Name and Likeness, and all intellectual property rights therein. The rights that You have in and to the Licensed NFT and Art are limited to those expressly stated in Section 2 of this Agreement. WizArt Labs and its licensors reserve all rights and ownership in and to the Licensed NFT, Name and Likeness, and Art not expressly granted to You in Section 2 of this Agreement. All purchases of Licensed NFTs, as well as associated charges, are non-refundable. This no-refund policy shall apply at all times regardless of your decision to terminate usage of the Licensed NFT, any disruption to the operations of any components of the Licensed NFT, or any other reason whatsoever.
(b) We Own (but License to You) the IP in Your Mad Cyborgs Art. Wizart Labs and its licensors own all rights, title, and interest in and to the Mad Cyborgs Art including any and all copyrights, trademarks, and other intellectual property rights therein ("IP"). However, we grant you the License (defined below) to use the Mad Cyborgs Art associated with Your Mad Cyborgs NFT ("Your Mad Cyborgs Art") for as long as you hold Your Mad Cyborgs NFT.
(c) You Own the IP in Your Derivative Mad Cyborgs Works. As between you and Wizart Labs, you own all rights, title and interest in and to any "derivative work," as defined by the United States Copyright Act, based upon Your Mad Cyborgs Art created during the License Term (defined below) ("Derivative Mad Cyborgs Work"); provided, however, that (i) we retain the copyright in the Mad Cyborgs Art underlying any Derivative Mad Cyborgs Work; (ii) your use of any Derivative Mad Cyborgs Work during and after the License Term is subject to these Terms; and (iii) your use of any Derivative Mad Cyborgs Work after the License Term may require a license from the current owner of the Mad Cyborgs NFT.
(d) Utility. Owners may be offered utility, benefits, or entitlements (collectively,"Utility") from time to time, but these Terms do not confer any utility except as granted by the License. Wizart Labs make no assurances of any Utility other than Digital Art & Collectible. Any Utility may be subject to other terms and conditions. Wizart Labs will not be responsible in any manner for any utility offered by any third party.
(d) Proceeds. By minting Mad Cyborgs NFTs, you acknowledge and agree that it is a supportive contribution to the project for the promotion of the Art and the growth of its community, not an investment opportunity.
(e) Smart contract. You acknowledge and agree that certain features and functionalities, as implemented in the associated smart contract, govern the use, ownership, and transfer of the Mad Cyborgs NFTs. By owning a NFT, you agree to accept and comply with all features and conditions encoded in the smart contract and that may or may not be used, enforced, activated or deactivated in the future.
2. License.
(a) Grant. Subject to your acceptance of, and compliance with, these Terms, upon lawfully acquiring Your Mad Cyborgs NFT and, for so long as you hold Your Mad Cyborgs NFT (both dates as recorded by the Mad Cyborgs Smart Contract) (the "License Term"), Wizart Labs grant to you an exclusive, universe-wide, royalty-free, sublicensable license to reproduce, distribute, prepare derivative works based upon, publicly display, publicly perform, transmit, and otherwise use and exploit, Your Mad Cyborgs Art ("License"). The License is intended to be broad, enabling you to make both commercial and non-commercial uses of Your Mad Cyborgs Art, in any and all media, whether existing now or invented later, subject only to the restrictions set forth below.
(b) Restrictions and Reservations.
i. The License extends only to Your Mad Cyborgs Art—meaning, the complete selection and arrangement of all base layers, features, attributes, and other elements that comprise Your Mad Cyborgs Art. Thus, while the License allows you to create and exploit Derivative Mad Cyborgs Works, the License does not grant you rights in any individual element of Your Mad Cyborgs Art, or a license to exploit any individual element separate and apart from Your Mad Cyborgs Art. For example, the License allows you to create three-dimensional renditions of, and to add new clothing to, Your Mad Cyborgs Art, but does not allow you to extract individual features (e.g., hair, accessories) for use in a separate work.
ii. The License does not grant you any rights in or to Wizart Labs' (or any other) trade names, brands, trade dress, or trademarks (e.g., "Mad Cyborgs"), all of which are expressly reserved to Wizart Labs (collectively, "TM Rights"). You hereby agree that any TM Rights you purport to acquire, together with any associated goodwill, shall automatically, immediately, and at your expense be assigned to Wizart Labs. For the sake of clarity, the TM Rights do not include Your Mad Cyborgs Art, in which you may acquire trademark rights through the exercise of your rights in accordance with, and subject to, these Terms and applicable law.
iii. Any application to register a trademark in Your Mad Cyborgs Art must occur during the License Term and be based solely upon the actual use of the Mad Cyborgs Art in commerce and solely for the goods or services in connection with which Your Mad Cyborgs Art has actually been used in commerce in the applicable jurisdiction as of the date of the application. Thus, you may not seek to register a trademark in Your Mad Cyborgs Art on an "intent to use" basis or where you otherwise have not used Your Mad Cyborgs Art in commerce.
iv. You may not use Your Mad Cyborgs Art in a manner that expresses hate or encourages violence towards a person or group based on membership in a protected class, such as race, religion, gender, orientation, or disability.
v. You may not use Your Mad Cyborgs Art in a manner that violates applicable law.
vi. All rights not expressly granted herein are reserved by us.
(c) License Back to Wizart Labs. You grant to Wizart Labs an irrevocable, perpetual, non-exclusive, universe-wide, royalty-free, sublicensable license to publicly display and otherwise use Your Mad Cyborgs Art alongside other Mad Cyborgs Art for the purpose of promoting or exhibiting the entire Mad Cyborgs collection.
3. Enforcement.
(a) Copyright Notices. You may include the following copyright notice with Your Mad Cyborgs Art: "@2025 Mad Cyborgs" (the "Mad Cyborgs Copyright Notice"). Subject to your compliance with these Terms, you may include a copyright notice identifying you, or such other person you designate, as the copyright owner of any Derivative Mad Cyborgs Work created during the License Term, provided that you also include the Mad Cyborgs Copyright Notice.
(b) Copyright Registrations Any application to obtain a copyright registration in Your Mad Cyborgs Art shall identify "Wizart Labs" as the copyright owner of the Mad Cyborgs Art. Any application to obtain a copyright registration in a Derivative Mad Cyborgs Work may identify you or such other person you designate as the copyright owner but shall identify Your Mad Cyborgs Art as a preexisting work upon which the Derivative Mad Cyborgs Work is based.
(c) Actions To the extent applicable law authorizes you to bring a claim for infringement based upon the unauthorized use of Your Mad Cyborgs Art, you agree that: (i) any such claim shall be based solely upon the unauthorized use of Your Mad Cyborgs Art, not other Mad Cyborgs Art—for example, on the ground that the other Mad Cyborgs Art is substantially similar to Your Mad Cyborgs Art; and (ii) Wizart Labs may, in their sole discretion, join and, unless it would materially prejudice your rights, elect to take over the control of the prosecution of, any such action.
(d) Disputes Among Owners. Wizart Labs have no obligation to support the resolution of, or resolve any, dispute that may arise between Mad Cyborgs NFT owners.
4. Transfers.
(a) No Decoupling. Except as expressly provided herein, ownership of a Mad Cyborgs NFT and the License are not separable in any way. You may not engage in any transaction or activity that purports to decouple the License from Your Mad Cyborgs NFT.
(b) Termination of License. Upon the transfer of Your Mad Cyborgs NFT to a new Owner, as recorded by the Mad Cyborgs Smart Contract: (i) your License hereunder shall immediately and automatically terminate; (ii) you must discontinue any use of Your Mad Cyborgs Art as a trademark or other source identifier; and (iii) any trademark and corresponding registration obtained in connection with your exercise of the License shall be deemed abandoned unless duly transferred to the new Owner under a separately negotiated written agreement.
(c) Published Mad Cyborgs Works. If, during the License Term, you create and make available to the public a work using Your Mad Cyborgs Art (a "Published Mad Cyborgs Work"), you may, except as set forth in Section 4(b)(ii), continue to use and exploit that Published Mad Cyborgs Work in accordance with these Terms after the License Term; provided, however, that: (i) you will be responsible for any obligations or liabilities arising from your continued use of the Published Mad Cyborgs Work after the License Term; and (ii) this privilege does not allow you to use the Mad Cyborgs Art to create any new works or materials after the License Term. Thus, for example:
• A digital series featuring Your Mad Cyborgs Art that was released during the License Term may continue to run after the License Term, but any creation or distribution of any new episodes featuring the Mad Cyborgs Art would require a license from the new Owner.
• After the License Term, you may sell off existing (at the time of transfer) inventories of merchandise featuring Your Mad Cyborgs Art that were created and offered for sale during the License Term, but the creation or distribution of any new merchandise or inventory featuring the Mad Cyborgs Art would require a license from the new Owner.
5. Owner's Representations and Warranties. Owner represents and warrants that Owner: (a) is over the age of majority and has the legal capacity to enter into these Terms;
(b) will only use and interact with any Mad Cyborgs NFT and Mad Cyborgs Art in accordance with these Terms;
(c) will comply with all applicable law in the exercise of its rights and obligations under these Terms and will not violate any right of Wizart Labs, its licensors, or any right of any third party; and
(d) is not, and will not, knowingly execute a transaction involving a Mad Cyborgs NFT or Mad Cyborgs Art with any person who is, (i) located in a country that is subject to a U.S. Government embargo, or that has been designated by U.S. Government as a terrorist-supporting country; or (ii) listed on any U.S. Government list of prohibited or restricted parties.
6. Warranty Disclaimers.
(a) EACH MAD CYBORGS NFT AND MAD CYBORGS NFT ART IS PROVIDED "AS IS" AND "AS AVAILABLE" WITHOUT WARRANTY OF ANY KIND. WITHOUT LIMITING THE FOREGOING, WIZART LABS EXPLICITLY DISCLAIMS ANY AND ALL WARRANTIES, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, ANY IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT AND NON-INFRINGEMENT, AND ANY WARRANTIES ARISING OUT OF COURSE OF DEALING OR USAGE OF TRADE.
(b) EACH MAD CYBORGS NFT IS AN INTANGIBLE DIGITAL ASSET THAT EXISTS ONLY BY VIRTUE OF THE OWNERSHIP RECORD MAINTAINED ON THE ETHEREUM BLOCKCHAIN. ANY TRANSFER OF OWNERSHIP THAT MIGHT OCCUR IN ANY UNIQUE DIGITAL ASSET OCCURS ON THE DECENTRALIZED LEDGER WITHIN THE ETHEREUM BLOCKCHAIN, WHICH WIZART LABS DOES NOT CONTROL.
(c) WIZART LABS WILL NOT BE RESPONSIBLE OR LIABLE TO OWNER FOR ANY LOSS IN CONNECTION WITH ANY MAD CYBORGS NFT OR MAD CYBORGS ART AND TAKES NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO OWNER FOR, ANY USE OF OR INABILITY TO USE ANY MAD CYBORGS NFT OR MAD CYBORGS ART, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES, OR CLAIMS ARISING FROM: (I) USER ERROR SUCH AS FORGOTTEN PASSWORDS, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED WALLET ADDRESSES; (II) THE BEHAVIOR OR OUTPUT OF ANY SOFTWARE OR HARDWARE; (Ill) DATA LOSS OR CORRUPTION; (IV) ANY FEATURES, DEVELOPMENT, ERRORS, OR OTHER ISSUES WITH BLOCKCHAIN NETWORKS OR WALLETS; (V) UNAUTHORIZED ACCESS TO ANY MAD CYBORGS NFT OR MAD CYBORGS ART; OR (VI) THE ACTS OR OMISSIONS OF ANY THIRD PARTY.
(d) SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES IN CONSUMER CONTRACTS, SO THE ABOVE EXCLUSION MAY NOT APPLY TO YOU.
7. Assumption of Risk. Owner accepts and acknowledges all risks associated with the following:
(a) Mad Cyborgs NFTs and Mad Cyborgs Art may be used in myriad ways. While we strongly encourage transparency, communication, and research prior to acquiring a Mad Cyborgs NFT, including to understand what previous and existing uses have been made of the Mad Cyborgs NFT and Mad Cyborgs Art and how those uses may affect value, any purchase of a Mad Cyborgs NFT is at the purchaser's own risk. Wizart Labs is not responsible for verifying or providing information on how a Mad Cyborgs NFT or its Mad Cyborgs Art have been exploited. Additional documentation from an Owner may be necessary or prudent.
(b) Wizart Labs is not responsible for determining or paying any taxes that apply to any Owner's purchase, sale, or transfer of rights in each Mad Cyborgs NFT. As between the parties, Owner is solely responsible for determining what, if any, taxes apply to such transactions.
(c) Transactions involving Mad Cyborgs NFTs and Mad Cyborgs Art rely on third-party or decentralized platforms, systems, or marketplaces. We do not maintain, control, assume any obligations with respect to such platforms, systems, or marketplaces. To the extent that Wizart Labs provides links or access to third party platforms, sites, or other resources, it does so only as a convenience and is not responsible for the content, products, or services on or available from those third parties or through any content displayed thereon.
8. Indemnity. Owner shall defend, indemnify, and hold Wizart Labs, its licensors, affiliates, representatives, and service providers, and each of them, and all of their respective officers, directors, employees, and agents (the "Indemnified Parties") harmless from and against any and all claims, damages, losses, costs, investigations, liabilities, judgments, fines, penalties, settlements, interest, expenses, and other similar results or occurrences (including attorneys' fees) that directly or indirectly arise from, or are related to or in connection with, any claim, suit, action, demand, or proceeding or other similar occurrence, process, or activity that is initiated, made, brought, or financed by a third party (including any person who accesses or transacts using any Mad Cyborgs NFT or Mad Cyborgs Art, whether or not such person personally purchased a Mad Cyborgs NFT) against the Indemnified Parties, or on account of the investigation, defense, or settlement thereof, arising out of, related to, or in connection with:
(a) your access to or use of any NFT marketplace or third-party services or products;
(b) your breach or alleged breach of these Terms;
(c) your exercise or attempted exercise of the License;
or (d) your actual or alleged violation of applicable law. Counsel to be used in the defense of such claim must be approved by Wizart Labs in writing prior to retention of such counsel and, upon our request, you will allow us to participate in the defense of any such claims. You will not enter into any settlement or compromise of any claim or litigation or that includes an admission of liability without our prior written consent.
9. Limitation of Liability.
(a) TO THE MAXIMUM EXTENT PERMITTED BY LAW, NO INDEMNIFIED PARTY WILL BE LIABLE FOR ANY INCIDENTAL, SPECIAL, EXEMPLARY, OR CONSEQUENTIAL DAMAGES, OR DAMAGES FOR LOST PROFITS, LOST REVENUES, LOST SAVINGS, LOST BUSINESS OPPORTUNITY, LOSS OF DATA OR GOODWILL, SERVICE INTERRUPTION, COMPUTER DAMAGE, OR SYSTEM FAILURE, OR THE COST OF SUBSTITUTE SERVICES OF ANY KIND ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OR FROM THE USE OF OR INABILITY TO USE OR INTERACT WITH ANY MAD CYBORGS NFT OR MAD CYBORGS ART, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE), PRODUCT LIABILITY, OR ANY OTHER LEGAL THEORY, AND WHETHER OR NOT WIZART LABS OR ITS SERVICE PROVIDERS HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, EVEN IF A LIMITED REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE. IN NO EVENT WILL ANY INDEMNIFIED PARTY'S CUMULATIVE LIABILITY HEREUNDER FROM ALL CAUSES OF ACTION AND ALL THEORIES OF LIABILITY EXCEED $100.
(b) BY PURCHASING OR OWNING A MAD CYBORGS NFT, OWNER ACKNOWLEDGES THAT THE EXCLUSIONS AND LIMITATIONS OF DAMAGES SET
FORTH ABOVE ARE FUNDAMENTAL ELEMENTS OF THE BASIS OF THE BARGAIN BETWEEN WIZART LABS AND OWNER.
10. Dispute Resolution.
(a) Mandatory Arbitration of Disputes Any dispute, claim, or controversy arising out of or relating to these Terms or the breach, termination, enforcement, interpretation, or validity thereof, or the use of the Mad Cyborgs NFT or Mad Cyborgs Art ("Dispute") must be resolved solely by binding, individual arbitration and not in a class, representative, or consolidated action or proceeding. Each party waives the right to a trial in court and/or by a jury. This arbitration provision shall survive any termination of the License or these Terms.
(b) Exceptions. As a limited exception to Section 10(a) above:
(i) the parties may seek to resolve a Dispute in small claims court if it qualifies; and
(ii) each party retains the right to seek injunctive or other equitable relief from a court to prevent (or enjoin) the infringement or misappropriation of its intellectual property rights.
(c) The arbitration will be conducted by the London Court of International Arbitration (LCIA) under its rules for arbitration (the "LCIA Rules"), as they are in effect at the time, unless modified by these Terms. The LCIA Rules can be accessed at www.lcia.org or by contacting LCIA at +44 (0) 20 7936 8500. A party wishing to initiate arbitration must submit a written Request for Arbitration to the LCIA and notify the other party as specified under the LCIA Rules. A form Request for Arbitration is available at www.lcia.org. All arbitration hearings will take place in London, United Kingdom, with provisions made for remote appearances where permissible under the LCIA rules, unless both parties mutually agree to a different location. The parties agree that the arbitrator shall have the exclusive authority to decide all issues relating to the interpretation, applicability, enforceability, and scope of these Terms.
(d) Arbitration Costs The payment of all filing, administration, and arbitrator fees will be governed by the LCIA Rules. Wizart Labs will not seek to recover the administration and arbitrator fees for which Wizart Labs is responsible unless the arbitrator determines that your dispute is frivolous. If Wizart Labs prevails in arbitration, Wizart Labs will pay all its attorneys' fees and costs and will not seek to recover these costs from you. If you prevail in arbitration, you will be entitled to an award of attorneys' fees and expenses to the extent permitted by applicable law.
(e) Injunctive and Declaratory Relief. Except as provided in Section 10(d) above, the arbitrator will decide all issues of liability based on the merits of any claim asserted by either party and may only award declaratory or injunctive relief in favor of the individual party seeking such relief and only to the extent necessary to provide the relief warranted by that party's individual claim. If you or Wizart Labs prevail on a claim and seek public injunctive relief (i.e., injunctive relief with the primary purpose and effect of prohibiting unlawful acts that pose a future threat to the public), the entitlement to and extent of such relief must be litigated in a civil court with competent jurisdiction, not in arbitration. The parties agree that litigation of any public injunctive relief claims will be stayed until the arbitration of the individual claims is resolved.
(f) Class Action Waiver. YOU AND WIZART LABS AGREE THAT EACH PARTY MAY ONLY BRING CLAIMS AGAINST THE OTHER IN ITS INDIVIDUAL CAPACITY AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY CLASS OR REPRESENTATIVE PROCEEDING. Additionally, if a dispute is resolved through arbitration, the arbitrator will not consolidate claims from other individuals with those of a party and may not preside over any representative or class proceeding. If this specific provision is deemed unenforceable, the entirety of this Dispute Resolution section will be null and void.
(g) Severability. Except for the provisions outlined in Section 10(f) (Class Action Waiver), if an arbitrator or court of competent jurisdiction determines that any part of these Terms is invalid or unenforceable, the remainder of these Terms will still apply.
11. Amendments. Wizart Labs reserves the right to clarify or amend these Terms by publicly publishing a new version, including but not limited to on https://madcyborgs.com or any successor website.
12. Governing Law and Forum Choice. These Terms, and any action arising out of or relating to them, will be governed by the laws of England and Wales, without regard to its conflict of laws provisions. Except as expressly provided in Section 10 (Dispute Resolution), the exclusive jurisdiction for all disputes will be in the courts located in London, and both you and Wizart Labs waive any objection to the jurisdiction and venue of such courts.
13. Miscellaneous.
(a) The License applies only to the Mad Cyborgs NFT on the blockchain that Wizart Labs, in its sole discretion, may designate, which designation shall apply retroactively. Thus, for example, if a fork or other event purports to result in duplicate Mad Cyborgs NFTs, only the non-fungible token recorded on the blockchain designated by Wizart Labs will be eligible to receive the benefit of the License. Any license purportedly granted hereunder to the owner of a non-fungible token recorded on a blockchain not designated by Wizart Labs is void ab initio.
(b) These Terms will transfer and be binding upon and will inure to the benefit of the parties and their permitted successors and assigns.
(c) These Terms constitute the entire agreement, and supersede any and all prior or contemporaneous representations, understandings and agreements, between the parties with respect to the subject matter of these Terms, all of which are hereby merged into these Terms. Without limitation, the terms of any other document,
publication, course of dealing, or course of trade will not modify these Terms, except as expressly provided in Sections 11 or 13(a) or as the parties may agree in writing.
(d) Failure to promptly enforce a provision of these Terms or any rights related to the Mad Cyborgs NFT or Mad Cyborgs Art will not be construed as a waiver of such provision or rights.
(e) Nothing contained in these Terms will be deemed to create, or be construed as creating, a joint venture or partnership between the parties. Neither party is, by virtue of these Terms or otherwise, authorized as an agent or legal representative of the other party. Neither party is granted any right or authority to assume or to create any obligation or responsibility, express or implied, on behalf or in the name of the other party. Nothing contained in these Terms will be deemed to create any third-party beneficiary right upon any third party whatsoever.
(f) The parties shall execute and deliver to the other party any and all such other instruments in reasonable mutually acceptable form and substance and shall take any and all such other actions as may be reasonably necessary to carry the intent of these Terms into full force and effect.
(g) If any one or more of the provisions of these Terms should be ruled wholly or partly invalid or unenforceable, then the provisions held invalid or unenforceable will be deemed amended, and the arbitrator, court, or other government body is authorized to reform the provision(s) to the minimum extent necessary to render them valid and enforceable in conformity with the parties' intent as manifested herein.
(h) The headings to sections of these Terms are for convenience or reference only and do not form a part of these Terms and will not in any way affect its interpretation.
(i) Neither party will be afforded or denied preference in the construction of these Terms, whether by virtue of being the drafter or otherwise.
(j) For purposes of these Terms, the words and phrases "include," "includes, "including," and "such as" are deemed to be followed by the words "without limitation".
(k) Owner may give notice to Wizart Labs by contacting Wizart Labs at WizArtLabs@gmail.com. Notice is effective upon receipt.
(I) The parties have agreed to contract electronically and, accordingly, electronic signatures or any other forms of acceptance permitted by law, will be given the same effect and weight as original signatures.
DISCLAIMER
The NFTs distributed through this project, including any ERC-1155 or ERC-721 tokens, are intended strictly as digital collectibles and access credentials for community engagement and participation.
They do not represent shares, ownership rights, debt instruments, or any other form of financial security. They are not designed or marketed as investment products, and there is no expectation of profit or financial return for holders.
Any smart contract logic, token-based access mechanisms, or leaderboard-based features are implemented solely as part of gamified, experimental mechanisms, designed to reward community interaction and participation. These features:
- Are subject to change or deactivation,
- Do not guarantee or imply future value,
- Are not tied to external revenue or third-party income.
Participation in this ecosystem is entirely voluntary and for entertainment and digital exploration purposes only.
This project does not offer staking, lending, custodial services, or trading platforms. All tokens are airdropped for free or purchased solely for their access utility, not as financial products.
By engaging with this project, you confirm that you understand and accept that these NFTs are not investment vehicles, and that you assume all responsibility for your interactions with them.