Terms & Conditions

Terms & Conditions

TOYSTERZ  is a collection of digital artworks (NFTs) running on the Ethereum network. This website is only an interface allowing participants to exchange ideas and 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 Toysterz  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 a warranty of any kind. By using this website you are accepting sole responsibility for any and all transactions involving Toysterz digital collectibles.

In terms of IP rights , the IP rights are given with the Metadata rights to the owner of every holder who’s going to mint our NFT. For the secondary Market, when a transaction succeed, the IP rights will be also included in the migration of the NFT.

Toysterz is owned by Elpis Solutions at 100% shares.

OWNERSHIP

i. You Own the NFT. Each Toysterz is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying Toysterz, the Art, completely (Meta-Data + IP Rights). 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 Toysterz.

ii. Personal Use. Subject to your continued compliance with these Terms, Toysterz 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) as part of a marketplace that permits the purchase and sale of your Toysterz / NFT, provided that the marketplace cryptographically verifies each Toysterz owner’s rights to display the Art for their Toysterz to ensure that only the actual owner can display the Art; or (ii) as part of a third party website or application that permits the inclusion, involvement, or participation of your Toysterz, provided that the website/application cryptographically verifies each Toysterz owner’s rights to display the Art for their Toysterz 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 Toysterz leaves the website/application.

iii. Commercial Use. Subject to your continued compliance with these Toysterz 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 Toysterz generally, provided that the marketplace cryptographically verifies each Toysterz owner’s rights to display the Art for their Toysterz 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 Toysterz generally, provided that the third party website or application cryptographically verifies each Toysterz owner’s rights to display the Art for their Toysterz 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 Toysterz leaves the website/application; or (iii) earning revenue from any of the foregoing.