Terms and Condition
TERMS & CONDITIONS
Yeti
Secret Society is a collection of digital artworks (NFTs) running on
the Ethereum network. This website is only an interface allowing
participants to exchange digital collectibles. Users 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 the Yeti Secret Society 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 Yeti Secret Society digital
collectibles.
OWNERSHIP
i.
You Own the NFT. Each Yeti is an NFT on the Ethereum blockchain. When
you purchase an NFT, you own the underlying Yeti, 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 Yeti.
ii. Personal Use.
Subject to your continued compliance with these Terms, Yeti Secret
Society Inc. grants you 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 forthe following purposes: (i) for your own
personal, non-commercial use; (ii) as part of a marketplace that permits
the purchase and sale of your Yeti/ NFT, provided that the marketplace
cryptographically verifies each Yeti owner’s rights to display the Art
for their Yeti 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 Yeti, provided that
the website/application cryptographically verifies each Yeti owner’s
rights to display the Art for their Yeti to ensure that only the actual
owner can display the Art, and provided that the Art is no longer
visible once the owner ofthe Yeti leaves the website/application.
iii.
Commercial Use. Subject to your continued compliance with these Terms,
Yeti Secret Society Inc grants you 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 Yetis generally, provided that the marketplace cryptographically
verifies each Yeti owner’s rights to display the Art for their Yeti 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 Yeti generally, provided
that the third party website or application cryptographically verifies
each Yeti owner’s rights to display the Art for their Yeti 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 Yeti leaves the
website/application; or (iii) earning revenue from any of the
foregoing.
iv. Yeti is not a security or time share. Yeti is a club membership NFT that gives you access to member only events.