Terms and Conditions

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

Yachtland Licensing Agreement

THIS AGREEMENT (the "Agreement") is made and entered into effective as of the date of purchase (the "Effective Date"), by and between Yachtland (hereinafter known as the "Licensor") and the NFT Buyer (hereinafter known as the "Licensee") of the copyrightable permissible work ("Permissible Work").

Definitions

"Agreement" means the entire content of this document. "Yachtland" shall mean and refer to Licensor's creation of a unique digital collectible, also known as a NFT, deployed on the Ethereum blockchain. "NFT" shall mean any blockchain-tracked, non-fungible token, also referred to as a 'token.' "Smart Contract" shall mean lines of code or a transaction protocol that is intended to automatically execute, control or document basic relevant events and actions according to the terms of an agreement. The code and the agreements contained therein exist across a distributed, decentralized blockchain network. "Permissible Work" shall mean the visual, literary, dramatic, artistic, and subject-matter works and content tied to the Yachtland.

Ownership

i. You Own the NFT. Each Yachtland is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying, the Art, completely. 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 Yachtland.

ii. Personal Use. Subject to your continued compliance with these Terms, Yachtland 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 forthe following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your Yachtland / NFT, provided that the marketplace cryptographically verifies each Yachtland owner’s rights to display the Art for their Yachtland 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 Yachtland, provided that the website/application cryptographically verifies each Yachtland owner’s rights to display the Art for their Yachtland 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 Yachtland leaves the website/application.

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

License

Ownership Rights. Licensor represents to be the sole author and creator of the Permissible Work and that the Permissible Work is an original work. Licensor agrees to have the sole and exclusive right to enter into this Agreement and the full warrant and authority to grant the rights granted hereby. Non-Exclusive. Licensee acknowledges and agrees that the license granted herein is non-exclusive and that Licensor may license others to use the Permissible Work. Licensor shall have the right to assign and/or license its rights and obligations under this Agreement and all its right, title, and interest in the Permissible Work without the consent of Licensee.

Ownership Rights. Licensor represents to be the sole author and creator of the Permissible Work and that the Permissible Work is an original work. Licensor agrees to have the sole and exclusive right to enter into this Agreement and the full warrant and authority to grant the rights granted hereby. Non-Exclusive. Licensee acknowledges and agrees that the license granted herein is non-exclusive and that Licensor may license others to use the Permissible Work. Licensor shall have the right to assign and/or license its rights and obligations under this Agreement and all its right, title, and interest in the Permissible Work without the consent of Licensee.

Scope. Licensor grants licensee a non-exclusive in accordance with the terms and conditions of this Agreement, a non-exclusive license to use the Permissible Work in the course of personal and commercial use and purposes. The license covers the nonexclusive right to reproduce, sell and distribute the Permissible Work, including reprints, translations, photographic reproductions, microform, electronic form (offline, online), or any other reproductions of similar nature in accordance with the terms of this Agreement. Licensor grants licensee a non-exclusive worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art. Assignment. This Agreement (including, without limitation, the license granted hereunder) is personal to Licensee and shall not be assigned or transferred by Licensee, except to a new purchaser of all or substantially all of the Permissible Work licensed to the Licensee. Any other attempt on the part of Licensee to assign, sub-license, or transfer Licensee's rights under this Agreement, except as provided herein, shall be invalid and void. Accordance. Licensee desires to obtain, and Licensor has agreed to transfer to and authorize the use of the Permissible Work by Licensee in accordance with the terms and conditions of this Agreement. Licensee's purchase and use of the Permissible Work, in whole or in part, indicates their assent to the terms and conditions of this Agreement; and acknowledgment to have read and be legally bound by the terms of this Agreement. Acknowledged and agreed upon by Yachtland, March 2022.