Please read these Terms carefully and make sure that you understand them before you start to use the Website and before you buy any NFTs. By using the Website or purchasing any of our NFTs, you acknowledge being 18 years old or older, accept and agree to be bound and abide by these Terms. If you do not want to agree to these Terms, you must not access or use the Website or purchase any NFTs.

TERMS & CONDITIONS

Crypto Rugs is a collection of digital artworks (NFTs) running on the Ethereum network offered on our Website located at https://develop.cryptorugs.life (the “Website”). This website is only an interface allowing participants to exchange digital collectibles. Users of the website are entirely responsible for the safety and management of their own private Ethereum wallets and validating all transactions and contracts generated by this website before approval. Furthermore, as Crypto Rugs smart contract runs on the Ethereum network, there is no ability to undo, reverse, or restore any transactions.

This website and its connected services are provided "as is" and "as available" without warranty of any kind. By using this website you are accepting sole responsibility for any and all transactions involving Crypto Rugs.

The Website and the NFTs are offered and available to users who are 18 years of age or older only. By using this Website or making an NFT purchase, you represent and warrant that you are of legal age to form a binding contract with the Seller and meet all of the foregoing eligibility requirements. If you do not meet all of these requirements, you must not access or use the Website or purchase any of the NFTs.

We may revise and update these Terms 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 Website and purchase of NFTs thereafter. However, any changes to the dispute resolution provisions set forth below will not apply to any disputes for which the parties have actual notice on or before the date the change is posted on the Website. Your continued use of the Website or any purchase of NFTs following the posting of revised Terms means that you accept and agree to the changes. You are expected to check this page each time you access this Website or purchase an NFT so you are aware of any changes, as they are binding on you.

OWNERSHIP

1. You Own the NFT. Each Crypto Rug is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying Crypto Rug, the Art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Ethereum Network: at no point may we seize, freeze, or otherwise modify the ownership of any Crypto Rug.

​ 2. Personal Use. Subject to your continued compliance with these Terms, you are granted 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 Crypto Rug / NFT, provided that the marketplace cryptographically verifies each Crypto Rug owner's rights to display the Art for their Crypto Rug 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 Crypto Rug, provided that the website/application cryptographically verifies each Crypto Rug owner's rights to display the Art for their Crypto Rug 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 Crypto Rug leaves the website/application. ​

3. Commercial Use. Subject to your continued compliance with these Terms, you are granted 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 would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art. For the sake of clarity, nothing in this Section will be deemed to restrict you from (i) owning or operating a marketplace that permits the use and sale of Crypto Rug generally, provided that the marketplace cryptographically verifies each Crypto Rug owner's rights to display the Art for their Crypto Rug 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 Crypto Rug generally, provided that the third party website or application cryptographically verifies each Crypto Rug owner's rights to display the Art for their Crypto Rug 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 Crypto Rug leaves the website/application; or (iii) earning revenue from any of the foregoing.