THE FEARZ UNIVERSE
The FEARZ Universe is an NFT trait-generative project distributed on the Tezos blockchain. Our intention is to make this project open and transparent, and to foster the creative spirit that we hope that you will bring to the Universe. We are creators and NFT enthusiasts just like you are. Come on the Telegram or Twitter Channel, contact one of our team members, and we will work to address any questions or concerns you might have.
2. What We Own
The FEARZ Universe is owned and operated by the business partnership "The FEARZ Universe" (Ron Westfehling and Manuel Dixken). All rights not expressly granted to users and owners of The FEARZ NFTs are reserved by the partnership. This includes, but is not limited to, the intellectual property rights relating to the names "The FEARZ Universe", logos, trademarks, the website, the appearance of the user interface, the smart contract code, the generative features in general and all future community Wallets. In addition to owning the IP surrounding the name "The FEARZ Universe", we reserve the exclusive right to use the official The FEARZ Universe logos for future merchandising purposes.
3. You Own Your FEARZ
The initial product launch of The FEARZ Universe is a run of 1,000 individual tokens with generative traits that correspond to pieces of art hosted on IPFS. By purchasing a THE FEARZ NFT on Hic et Nunc, you gain full and complete ownership of your NFT. After purchase of a drop pack you can 'open' it by sending it to our wallet (OpenPack.theFearz.com). You'll receive an unique THE FEARZ NFT within 24 hours.
4. You Own Exclusive Commercial Rights to Your FEARZ
You agree not to use your FEARZ in any project or derivative work. If you have a idea, please ask us beforehand.
5. You Can Make Derivative Works
We want you to feel empowered to create new projects and uses for your FEARZ. You have the right to make derivative works of your FEARZ so long as you own the FEARZ at the time of creation. Additionally, you may assign those rights to other artists, creatives, or third-party projects so long as you own the FEARZ at the time you grant such permissive use.
6. Many Third Party Uses Are Not Restricted
Nothing in these terms are meant to limit you or a third party from (i) owning or operating an NFT marketplace that permits the use or sale of the FEARZ, so long as the marketplace cryptographically verifies the ownership of the NFT to ensure that only the owner can use and display their FEARZ; and (ii) owning or operating a third party website or application that permits the inclusion or involvement of the FEARZ generally, provided that the website or application verifies the ownership of the NFT to ensure that only the owner can use and display their FEARZ. Furthermore, nothing in this TOS is meant to restrict a third party website’s ability to build tools which track traits or sales.
7. Limitations of Liability for Gas, Failed Transactions
Hic et Nunc is a marketplace which is tested and robust. However, difficulties sometimes arise when interacting with their smart contract. You agree to hold The Company harmless for any losses. These potential losses include any gas fees for failed transactions, any excessive gas fees charged due to purchase, and any loss of your NFT.
8. No Guarantees or Future Promises
The FEARZ Universe hopes to continue to develop this project and community. We have released a roadmap outlining some of the future goals we hope to accomplish. While we intend to work towards those goals, sometimes things happen and we cannot guarantee that this original project will sell out entirely nor can we guarantee future developments. You agree that your purchase of a FEARZ from our initial project is all you are guaranteed to receive with your initial purchase. Any future potential airdrops, community gatherings, or other benefits are ancillary to this purchase and not to be taken into consideration with your initial purchase. You agree that you are not relying on any future commitments by The FEARZ Universe in using this site and participating in our NFT launch.
9. FEARZ Are Not Intended as Investments
The FEARZ Universe NFTs are meant to be a fun avatar and Non-Fungible Token for you to collect. They are not meant as investment vehicles. We make absolutely no promise or guarantee that these NFTs will be worth anything. You understand that they have no inherent monetary value, and they should be treated as nothing more than a fun and beautiful collectible.
You are entirely responsible for any tax liability which may arise from reselling your FEARZ.
11. Class Action Waiver
You agree to waive any class action status, and any legal dispute around the The FEARZ Universe project which you may choose to bring can only be done on an individual basis.
The FEARZ Universe project is not targeted towards children. You agree that you are over the age of 18, or above the legal age of your jurisdiction, whichever is greater.
In the event that a legal dispute arises in connection with the The FEARZ Universe project, you agree to bring the case to binding arbitration in accordance with the law on the Berlin District Court.
14. Jurisdiction and Choice of Law
You agree that you will be subject to the jurisdiction of Germany for legal disputes and that all legal proceedings will be initiated in Germany.
The FEARZ Universe does not currently collect cookies, IP addresses or user data in connection with your use of the website and app. However, you understand that the Tezos blockchain network is a public blockchain and all of your transaction history initiated through the website will be published. They also understand that The FEARZ Universe can work with third party apps like Discord or Telegram that collect and store user data.
16. Thank you!
The FEARZ Universe will only be successful with the support of you and the other members of our community. We appreciate you and sincerely thank you for being a part of our introduction. Have fun collecting!