Common use of Digital Asset Terms Clause in Contracts

Digital Asset Terms. Please note that Digital Assets are available on public blockchains. These Terms of Use solely govern the use of our Services. Digital Assets are directly transferred (whether bought, or sold, or any other form of transfer) between a buyer and a seller and/or creator; furthermore, these Digital Assets may be transferred (whether bought, or sold, or any other form of transfer) without the use of our Service and therefore without agreeing to our Terms. There may also be terms and conditions that apply to the Digital Assets themselves that are directly set between the transferor and transferee as well as the creator with respect to the Digital Asset, including with respect to the use of the Digital Asset’s content, and any rights and obligations, including proprietary rights, associated with a given Digital Asset (“Digital Asset Terms”). We do not set the Digital Asset Terms and are not a party in any such Digital Asset Terms, which are solely between the buyer, seller, and/or creator. The buyer, seller, and/or creator are entirely responsible for communicating, defining, agreeing to, and enforcing the Digital Asset Terms. You are responsible for reviewing such Digital Asset Terms.

Appears in 2 contracts

Sources: Terms of Use, Terms of Use