NFT Terms of Sale

1. Introduction

These Terms of Sale ("Terms") govern the purchase, ownership, and use of non-fungible tokens (NFTs) issued under the Piggycell Charging Hub collection (Symbol: PGC Hub). By purchasing or holding an NFT, you agree to these Terms.

2. Ownership and License

• Purchasing an NFT grants you ownership of the token recorded on the blockchain. However, ownership does not confer any intellectual property rights or commercial usage rights over the underlying artwork, content, or assets associated with the NFT.

• The original creator or issuer retains the copyright and all associated intellectual property rights. You may not use the NFT’s associated content for commercial purposes unless explicitly stated.

• Certain NFTs may come with additional rights or benefits, which will be specified on the individual sale page or within the smart contract governing the NFT.

3. Refund and Cancellation Policy

• Due to the immutable nature of blockchain transactions, all NFT sales are final and cannot be canceled, reversed, or refunded once completed.

• Buyers are responsible for thoroughly reviewing the NFT details before purchase.

• In the event of exceptional circumstances, such as a smart contract malfunction, the issuer may, at its sole discretion, offer remedies or compensation as deemed appropriate.

4. Secondary Sales and Royalties

• NFT owners may resell their NFTs on secondary marketplaces. However, a 5% royalty fee will be automatically deducted and paid to the original creator upon resale, as enforced by the smart contract.

• The royalty percentage and conditions will be transparently disclosed at the point of sale.

5. Limitation of Liability

• The issuer assumes no responsibility for technical or legal issues related to NFT ownership, including but not limited to blockchain network failures, smart contract vulnerabilities, hacking, or loss of access to digital wallets.

• Buyers are solely responsible for securing their digital wallets. Lost or compromised wallets cannot be recovered, and the issuer is not liable for any resulting losses.

6. Governing Law and Dispute Resolution

• These Terms shall be governed by and construed under the laws of [Issuer’s Jurisdiction].

• In the event of a dispute, both parties agree to attempt resolution through direct negotiation. If unresolved, disputes will be settled in accordance with the applicable laws and arbitration procedures of the governing jurisdiction.

7. Amendments and Updates

• The issuer reserves the right to amend these Terms at any time. Any changes will be announced through official channels.

• By purchasing an NFT, you acknowledge and agree to be bound by the most current version of these Terms.