Terms & Buyer/Seller Disclosures

NFT ART MARKET (NFT ART MKT) — www.nftartmkt.com

Effective Date: [Insert Date]

1. Introduction & Acceptance of Terms

These Terms & Buyer/Seller Disclosures ("Terms") govern your access to and use of the NFT ART MKT website, services, and any related content (collectively, the "Platform").

By accessing the Platform, browsing artworks, submitting inquiries, making offers, purchasing NFTs, or submitting artwork as an artist, you agree to be bound by these Terms. If you do not agree, you may not use the Platform.

2. Role of NFT ART MKT

NFT ART MKT operates as a curated NFT art gallery and professional intermediary.

  • NFT ART MKT is not the artist unless explicitly stated
  • NFT ART MKT does not claim creative ownership of artworks
  • NFT ART MKT represents artists on the business and sales side
  • NFT ART MKT facilitates buyer inquiries, negotiations, and transactions

NFT ART MKT does not provide investment advice, financial advice, or guarantees of value.

BUYER DISCLOSURES

3. No Investment Guarantees

NFT artworks are creative assets, not guaranteed investments.

NFT ART MKT makes no representations or warranties regarding:

Future value

Appreciation

Liquidity

Resale potential

Market demand

Buyers should purchase NFTs for personal, artistic, cultural, or strategic reasons and assume all risk.

4. Pricing & Negotiation

  • Prices may be fixed or negotiable depending on the artwork
  • NFT ART MKT facilitates negotiations on behalf of the artist
  • All pricing discussions are subject to artist approval
  • NFT ART MKT may decline or counter offers at its discretion

No transaction is final until all terms are confirmed and payment is completed.

5. Licensing & Usage Rights

Unless otherwise stated in writing:

  • Purchasing an NFT does not transfer copyright or intellectual property rights
  • Buyers typically receive limited personal-use rights
  • Commercial or licensing rights must be negotiated separately
  • Licensing terms, if applicable, will be disclosed prior to purchase

Buyers are responsible for understanding their usage rights before completing a transaction.

6. Blockchain & Technical Risks

Buyers acknowledge and accept risks associated with blockchain technology, including but not limited to:

Network congestion or failures

Smart contract vulnerabilities

Wallet errors or loss of private keys

Gas fees and transaction delays

Platform or marketplace compatibility

NFT ART MKT is not responsible for losses caused by blockchain-related issues.

7. Delivery & Finality of Sale

  • NFT transfers are coordinated after confirmed payment
  • All sales are final once the NFT is transferred
  • Refunds, reversals, or cancellations are not guaranteed
  • Buyers must provide a valid and compatible wallet address

Incorrect wallet details provided by the buyer are the buyer's responsibility.

SELLER (ARTIST) DISCLOSURES

8. Artist Representation

Artists represented by NFT ART MKT authorize the platform to:

  • Showcase their work
  • Communicate with buyers
  • Discuss pricing and offers
  • Negotiate sales
  • Coordinate transactions and transfers

Specific rights and obligations are defined in the artist's representation agreement.

9. Ownership & Originality

Artists represent and warrant that:

  • They are the original creator or authorized rights holder
  • The artwork does not infringe on third-party rights
  • They have the authority to mint and sell the NFT
  • Submitted works are authentic and original

NFT ART MKT reserves the right to remove content that violates these representations.

10. Pricing Authority

  • Pricing is determined collaboratively between NFT ART MKT and the artist
  • NFT ART MKT may recommend pricing based on market context
  • Artists retain final approval over accepted offers unless otherwise agreed

NFT ART MKT does not guarantee sales at any price point.

11. Fees & Commissions

  • NFT ART MKT earns a commission on completed sales
  • Commission rates are agreed upon prior to listing
  • Fees may vary based on services provided
  • Artists are responsible for applicable taxes

Payment schedules and settlement details are outlined in the representation agreement.

12. Royalties & Secondary Sales

  • Royalty structures depend on blockchain standards and marketplaces
  • NFT ART MKT does not guarantee enforcement of royalties on secondary markets
  • Artists acknowledge limitations of royalty mechanisms

GENERAL TERMS (BUYERS & SELLERS)

13. No Fiduciary Relationship

NFT ART MKT does not act as a fiduciary, broker-dealer, financial advisor, or investment advisor. All users act independently and assume responsibility for their decisions.

14. Limitation of Liability

To the fullest extent permitted by law, NFT ART MKT is not liable for:

Loss of value or profits

Market fluctuations

Blockchain failures

Wallet or transaction errors

Disputes between buyers and artists

Indirect, incidental, or consequential damages

Use of the Platform is at your own risk.

15. Indemnification

You agree to indemnify and hold harmless NFT ART MKT from any claims, losses, or damages arising from:

  • Your use of the Platform
  • Violation of these Terms
  • Infringement of third-party rights
  • Misrepresentation or misconduct

16. Termination & Content Removal

NFT ART MKT reserves the right to:

  • Remove artworks or listings
  • Suspend or terminate access
  • Decline transactions

…at any time, with or without notice, to protect the integrity of the Platform.

17. Governing Law

These Terms are governed by the laws of the jurisdiction in which NFT ART MKT operates, without regard to conflict-of-law principles.

18. Changes to These Terms

NFT ART MKT may update these Terms at any time. Continued use of the Platform constitutes acceptance of updated Terms.

19. Contact Information

For questions regarding these Terms & Disclosures:

📧Email: support@nftartmkt.com

🌐Website: www.nftartmkt.com

Acknowledgment

By using NFT ART MKT, you acknowledge that you have read, understood, and agreed to these Terms & Buyer/Seller Disclosures.