NFT Purchase Agreement

Token Ownership

When you purchase an NFT, you are purchasing ownership of the unique digital token recorded on the blockchain. The token serves as a verifiable proof of ownership and may be associated with digital content.

Intellectual Property Rights

All intellectual property rights in the Associated Content remain with the Creator. The NFT represents token ownership only, not a transfer of copyright or other intellectual property rights. Commercial use of the Associated Content requires a separate commercial license.

Personal, Non-Commercial Use

As an NFT owner, you may:

• View and display the Associated Content for personal, non-commercial purposes
• Display the Associated Content in virtual galleries or personal collections
• Transfer or sell the NFT to another party (subject to this Agreement)
• Prove ownership of the NFT through blockchain verification

Limitations on Use

You may NOT:

• Use the Associated Content for any commercial purpose (including advertising, promotions, or sales) without obtaining a separate commercial license
• Copy, distribute, or sell copies of the Associated Content
• Create derivative works based on the Associated Content (a separate commercial license is required)
• Claim authorship or intellectual property ownership of the Associated Content
• Modify, alter, or remove any watermarks or attribution on the Associated Content
• Sublicense or authorize any third party to use the Associated Content in any way

Obtaining Commercial Rights

If you wish to use the Associated Content for commercial purposes, you must purchase a separate commercial license through the Platform. NFT ownership may entitle you to preferential terms for commercial licensing at the Creator's discretion.

NFTs of Derivative Works

Some NFTs represent derivative works based on other original works. Derivative NFTs are labeled as such on the Platform. The rights you receive are the same as for original NFTs (personal, non-commercial use only). The derivative creator has obtained authorization from the original creator to mint the NFT. The Platform verifies that the on-chain authorization record status within the Platform's system is correct; however, this does not constitute an independent guarantee of the originality, intellectual property ownership, or legal validity of the associated content.

How to Purchase

1. Browse available NFTs on the Platform
2. Select the NFT you wish to purchase
3. Review the NFT details and this Agreement
4. Complete payment using supported payment methods
5. The NFT will be transferred to your connected wallet

Payment Methods

NFTs may be purchased using credit card via Stripe. All payments are processed securely through the Platform. You are not required to hold cryptocurrency to purchase NFTs.

Gas Fees

StoryForMoney covers blockchain gas fees on your behalf by charging a "Web3 Blockchain Technology Service Fee". You are not required to pay gas fees directly or hold cryptocurrency for gas. For specific fee rates, please refer to the Fee Schedule page. The Platform reserves the right to adjust fee rates with at least 14 days' prior notice published on the Platform.

Wallet Requirement

To receive an NFT, you must have a compatible blockchain wallet. The Platform integrates Coinbase Smart Contract Wallets, which you can register and use with your email address. The Platform does not custody any wallets — your wallet is managed by Coinbase's smart contract infrastructure.

Risk Acknowledgment

By purchasing an NFT, you acknowledge that you understand and accept the inherent risks associated with blockchain technology and digital assets.

Known Risks

These risks include but are not limited to:

• Blockchain transactions are irreversible once confirmed
• The value of NFTs may fluctuate significantly or become worthless
• Blockchain networks may experience congestion, errors, or attacks
• Smart contracts may contain bugs or vulnerabilities
• Regulatory changes may affect NFT ownership or trading
• Loss of wallet credentials may result in permanent loss of the NFT
• The Platform does not guarantee the availability or functionality of any blockchain network

Content Availability

While the NFT record exists on the blockchain, the availability of the Associated Content may depend on external storage systems (such as IPFS). We do not guarantee permanent availability of the Associated Content.

Content Removal

If the Associated Content is removed from the Platform for any reason, the NFT record remains on the blockchain, but you may lose access to view or display the Associated Content through the Platform.

What Are Smart Contracts

Smart contracts are self-executing program code deployed on the blockchain, used to handle operations such as NFT minting, transfers, and trading. Once deployed, smart contracts execute automatically according to their predefined logic without human intervention.

Smart Contract Risks

• Smart contracts may contain code vulnerabilities or errors
• Smart contracts generally cannot be modified once deployed
• Malicious contracts may result in loss of assets
• Contract execution results may differ from expectations

Contract Auditing

The Platform makes every effort to ensure that the smart contracts it uses have undergone security audits, but cannot guarantee that contracts are completely free of vulnerabilities. Users should be aware of the inherent risks associated with interacting with smart contracts.

Third-Party Contracts

Certain NFTs on the Platform may be minted by third-party smart contracts. The Platform is not responsible for the security, functionality, or reliability of third-party contracts.

Minting Process

NFT minting is the process of creating an NFT on the blockchain. When a creator publishes content on the Platform and chooses to enable NFT sales, the Platform mints NFTs on the Polygon network. Each NFT is assigned a unique token ID and associated with the corresponding content metadata.

Minting Requirements

• Content must comply with Platform guidelines and Terms of Service
• Creator must hold valid rights to the content being minted
• Creator must have a registered Coinbase smart contract wallet linked to their Platform account
• Minting fees (if any) must be paid prior to minting

NFT Metadata

Each NFT contains metadata including the content title, creator information, creation date, and a reference to the associated digital content. Metadata is stored on-chain or via decentralized storage (e.g., IPFS). The Platform does not guarantee the permanent availability of off-chain metadata storage.

Right to Transfer

You may transfer or sell your NFT to another party. Upon transfer, the new owner becomes subject to this Agreement and receives the same limited rights you had.

Transfer Process

NFT transfers are recorded on the blockchain. The Platform currently does not provide a secondary marketplace for NFT resale. If you wish to transfer or resell your NFT, you will need to do so through external channels (e.g., third-party marketplaces or direct blockchain transactions). The Platform bears no responsibility for any transactions conducted outside the Platform.

Transfer Restrictions

You may not transfer NFTs as part of any fraudulent, deceptive, or manipulative scheme. The Platform reserves the right to restrict transfers that violate our Terms of Service.

Limited Exceptions

Refunds may be considered only in cases of:

• Technical errors on our Platform resulting in incorrect charges (e.g., you were charged an amount different from the displayed price)
• Duplicate charges due to Platform error (e.g., you were charged twice for the same NFT purchase)
• Payment was successfully processed but the NFT was not delivered to your wallet due to Platform technical issues

Platform Disclaimer

THE PLATFORM PROVIDES THE NFT MARKETPLACE ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE MAKE NO WARRANTIES, EXPRESS OR IMPLIED, REGARDING THE PLATFORM, NFTS, OR ASSOCIATED CONTENT, INCLUDING WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR NON-INFRINGEMENT.

Creator Responsibility

Creators are responsible for ensuring they have the right to mint their content as NFTs. The Platform only verifies the authorization record status within its system and does not independently guarantee the originality, intellectual property ownership, or legality of NFT-associated content.

No Endorsement

The availability of an NFT on the Platform does not constitute an endorsement or recommendation by StoryForMoney. You are responsible for conducting your own research before purchasing.

User Compliance Responsibilities

• You shall comply with all applicable laws and regulations regarding cryptocurrencies and NFTs in your jurisdiction
• You shall independently understand and fulfill your tax obligations related to digital assets
• You shall not use the Platform for money laundering, terrorist financing, or any other illegal activities
• You shall not circumvent any sanctions or export control regulations

Restricted Regions

Users from sanctioned countries or regions are prohibited from using the Platform's blockchain transaction features. The Platform reserves the right to restrict access for users from specific regions.

Disputes with Creators

Disputes between Purchasers and Creators should first be resolved through direct communication. The Platform may, at its sole discretion, mediate disputes, but is under no obligation to do so.

Amicable Negotiation

Any disputes arising from this Agreement between you and the Platform shall first be resolved through amicable negotiation.

Arbitration

If negotiation fails, either party may submit the dispute to JAMS for arbitration in Wilmington, Delaware. Small claims (USD $25,000 or less) shall be resolved through JAMS Streamlined Arbitration Rules conducted online. The arbitration award shall be final and binding on both parties.

Alternative Clause for Mainland China Users

If your place of residence is in Mainland China (People's Republic of China), disputes arising from this Agreement shall be submitted to the China International Economic and Trade Arbitration Commission (CIETAC) for arbitration in Shanghai in accordance with its then-effective arbitration rules. The language of arbitration shall be English and Chinese. The arbitration award shall be final and binding on both parties.

Governing Law

This Agreement shall be governed by the laws of the State of Delaware, United States, without regard to its conflict of laws principles. For Mainland China users, mandatory provisions of the laws of the People's Republic of China shall take precedence in CIETAC arbitration proceedings where applicable.

Account Termination

If your Platform account is terminated, you retain ownership of the NFTs already in your wallet (NFT records exist on the blockchain and are not affected by your Platform account status). However, you will lose access to the following Platform features:

• Viewing and displaying NFT-associated content through the Platform
• Verifying and showcasing NFT ownership through the Platform pages
• Receiving Platform notifications regarding your NFTs (such as creator updates, events, etc.)
• Using any NFT-related value-added services provided by the Platform

You may still independently verify NFT ownership through a blockchain explorer and transfer your NFTs through external channels.

Survival

Provisions regarding intellectual property rights, disclaimers, limitation of liability, and indemnification survive any termination of this Agreement.

Entire Agreement

This Agreement, together with our Terms of Service and Privacy Policy, constitutes the entire agreement regarding NFT purchases.

Amendments

We may amend this Agreement at any time. Material changes will be notified 30 days in advance. Continued purchase of NFTs after changes take effect constitutes acceptance.

Severability

If any provision of this Agreement is found unenforceable, the remaining provisions shall remain in full force and effect.

Assignment

You may not assign this Agreement without our consent. The Platform may assign this Agreement in connection with a merger, acquisition, or sale of all or substantially all of its assets, provided that the assignee assumes all obligations hereunder and users are notified at least 30 days in advance.