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Terms & Conditions
i. Overview.
Love Monster is a collection of digital artworks (NFTs) running on the blockchain. Users are entirely responsible for the safety and management of their own private wallets and validating all transactions and contracts generated by this website or external platforms before approval.
ii. Ownership.
Each Love Monster NFT is an NFT on the Blockchain.
When you purchase an NFT, you own the underlying Love Monster NFT art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Blockchain Network. As the original designer and creator of Love Monster NFT art, Maverick Metalabs retains full copyright ownership of all characters created by Love Monster NFT. Maverick Metalabs may display, advertise or promote art that has already been sold without the consent of the purchaser. Purchasing Love Monster NFT art constitutes an agreement between Maverick Metalabs and the buyer.
iii. Personal Use.
Subject to your continued compliance with these Terms, Maverick Metalabs 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 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 Love Monster NFT / NFT, provided that the marketplace cryptographically verifies each Love Monster NFT owner’s rights to display the Art for their Love Monster NFT 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 Love Monster NFT, provided that the website/application cryptographically verifies each Love Monster NFT owner’s rights to display the Art for their Love Monster NFT 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 Love Monster NFT leaves the website/application. Use parameters limit monetization of Love Monster NFT art to $100,000 per Love Monster for each fiscal year, requiring any Love Monster NFT art that is utilized for monetization above that amount to be authorized in writing by Maverick Metalabs. This includes, but is not limited to, TV rights, merchandise, sponsorships, and endorsements. Love Monster NFT art can not be used for endorsement purposes without the written consent of Maverick Metalabs. Violation of these terms will lead to legal action.
iv. Commercial Use.
Subject to your continued compliance with these Terms, Maverick Metalabs 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 Love Monster NFTs generally, provided that the marketplace cryptographically verifies each Love Monster NFT owner’s rights to display the Art for their Love Monster NFT 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 Love Monster NFTs generally, provided that the third party website or application cryptographically verifies each Love Monster NFT owner’s rights to display the Art for their Love Monster NFT 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 Love Monster NFT leaves the website/application; or (iii) earning revenue from any of the foregoing. Use parameters limit monetization of Love Monster NFT art to $100,000 per Love Monster for each fiscal year, requiring any Love Monster NFT art that is utilized for monetization above that amount to be authorized in writing by Maverick Metalabs. This includes, but is not limited to, TV rights, merchandise, sponsorships, and endorsements. Love Monster NFT art can not be used for endorsement purposes without the written consent of Maverick Metalabs. Violation of these terms will lead to legal action.
Maverick Metalabs is entitled to use all of the Love Monster NFT artwork, characters and products and will not need to pay any royalties or revenue earned to the NFT owner. Maverick Metalabs has full creator rights to distribute any and all of the Love Monster NFT artwork in any form it deems appropriate.
v. Disclaimer.
We recommend you consult legal, financial, tax and other professional advisors or experts for further guidance before participating in the purchase of any of our products.
Utility Tokens that are part of our ecosystem are not shares or securities of any type. They do not entitle you to any ownership or other interest in Love monster NFT. They are merely a means by which you may be able to utilize certain services on our platform and ecosystem which is being further developed.
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 Love Monster digital collectibles & Love Monster utility tokens.
No Refunds under any circumstances. All sales are final, and the Company does not offer any money-back guarantees. You recognize and agree that you shall not be entitled to a refund for any purchase under any circumstances.
vi. Amendments to the terms and conditions
We reserve the right to update and amend these Terms and Conditions. Any change or update will become effective from the moment of its publication on the Site.
vii. Important Information
LOVE MONSTER TOKENS,ENERGY TOKENS AND MONSTERVERSE PLOTS (henceforth referred to as "$LMT, $NRG AND MONSTERVERSE") are not intended to constitute securities, units in a business trust, or units in a collective investment scheme or its equivalent or any other regulated products in any jurisdiction.
This Whitepaper is meant to provide more information on the LOVE MONSTER Economy, its utility and its functions, and does not constitute a prospectus or offer document of any sort. This Whitepaper does not constitute or form part of any opinion or any advice to sell, or any recommendation or solicitation of any offer to purchase $LMT & $NRG NOR shall it or any part of it or the fact of its presentation form the basis of, any contract or investment decision. No regulatory authority has examined or approved any of the information set out in this Whitepaper.
PLAYERS ARE RESPONSIBLE FOR ADHERING TO THEIR LOCAL LAWS, JURISDICTIONAL REQUIREMENTS, AND POTENTIAL UNIQUE TAX REPORTING ASSOCIATED WITH SUCH GAME PLAY.
No such action has been or will be taken under the laws, regulatory requirements or rules of any jurisdiction. The publication, distribution or dissemination of this Whitepaper does not imply that the applicable laws, regulatory requirements or rules have been complied with. This Whitepaper, any part thereof and any copy thereof must not be taken or transmitted to any country where distribution or dissemination of this Whitepaper is prohibited or restricted.
The information is subject to change and should not be contrused as a commitment.
Last modified 1yr ago