Terms of non-fungible

These terms of non-fungible token issuance and game use (“terms”) form a contract between the owner (“us” or “we”) of the portal from lightningworks (“lightningworks”), and you (“user” or “you”), which you must accept to use any part of lightningworks.

The non-fungible tokens (“nfts”) issued under these terms utilize the blockchain network (the “network”) identified at the official lightningworks website at www.Lightningworks.Io (the “website”), using smart contracts (“smart contracts”) to enable users to hold and transfer the nfts, and subject to further conditions described below, to utilize the nfts in the game (“services”).

Terms and Conditions

Please read these terms carefully before using nfts, lightningworks, the smart contracts, the services, or website. These terms govern your use of the nfts, lightningworks, the smart contracts, the services and the website, unless we have executed a separate written agreement with you for that purpose. We are only willing to make nfts, lightningworks, the smart contracts, the services and the website available to you if you accept all of these terms. By using lightningworks, the smart contracts, the services, the website, or any part of them, or by acquiring nfts, you are confirming that you understand and agree to be bound by all of these terms, including any amended terms. If you do not have authority to agree, or if you do not accept all of these terms, then we are unwilling to make an nft, lightningworks, the smart contracts or the website available to you. If you do not agree to these terms, you may not acquire an nft or access or use lightningworks, the smart contracts, the website or the services.

If you do not agree with these terms or if you are a prohibited person then you are not permitted to acquire the nfts from lightningworks or any other person. By acquiring nfts from lightningworks or any other person you acknowledge that you have fully read, understand and irrevocably accept and agree to be bound by these terms.

Nfts do not represent or confer any ownership right or stake, share, or equivalent rights, or any right to receive intellectual property rights in or relating to lightningworks, any company associated with lightningworks or any affiliate of lightningworks. The nfts are not intended to be or to represent a stock, a loan contract, a commodity, a currency, a share, an instrument creating or acknowledging indebtedness, an instrument giving entitlements to securities, a certificate representing certain securities, an option, a future or a contract for difference in the british virgin islands or in any permitted jurisdictions.

Please review the arbitration provision set forth below carefully, as it will require all persons to resolve disputes on an individual basis through final and binding arbitration and to waive any right to proceed as a representative or class member in any class or representative proceeding. By acquiring an nft or using other services or accessing the website, the game or the smart contracts, you expressly acknowledge that you have read and understand all of the terms of this agreement and have taken time to consider the consequences of this important decision.

Each nft incorporates art and other distinctive elements intended to enhance play of the game but may not be unique. We intend to make a certain number of nfts available to the public via the website. We expect to initially release a series of genesis nft portals. However, we make no representation or warranty that we will release any additional nfts or as to the number of nfts released.

Non-fungible tokens

When you acquire or procure NFTs for use in LightningWorks you must agree to the following NFT-related terms and conditions. Any sale or transfer must provide for the transfer of all of your rights then outstanding with respect to such NFT. Anyone receiving such NFTs from you agrees to and is bound by these Terms. The NFT will remain subject to these Terms in perpetuity, and any purchase, acquisition, possession, or use of the NFTs by a subsequent holder of the NFT will be subject to these Terms.

Applicability

All NFTs acquired or procured by you are subject to these Terms, unless otherwise agreed in writing by us, and by acquiring any NFT you are agreeing to be bound by these Terms.

The use of any NFTs with LightningWorks is subject to these Terms together with any other terms and conditions which may apply to the use of LightningWorks including without limitation Website Terms, Siege worlds Game Terms, our Privacy Policy and any ancillary document relating to the License.

Acquiring NFTs

We may issue NFTs from time to time, either as a stand-alone or with bundles, including for early access or for expansions of LightningWorks. Issuances may be at different prices, including discounted pre-sales, promotional giveaways or reserves for future issuance.

We reserve the right to issue NFTs to affiliates, subject to any restrictions we deem appropriate or to no restrictions.

We may require that you register an account with us to acquire an NFT, and to provide any additional information that we reasonably request.

We may require that you share your Digital Wallet at the time of the order, or nominate a Digital Wallet at a later time, for delivery of any NFTs.

We will undertake reasonable endeavors to deliver any acquired NFTs to your Digital Wallet by any date we provide for delivery. You acknowledge, however, that the delivery date may change for reasons (including for reasons outside or within our control) at our sole discretion.

Risk and title in any NFT transfers to you upon our transfer of the NFT and you are responsible for ensuring your Digital Wallet is accurately linked. If you lose your private key or login or seed phrase for your Digital Wallet you will lose access to your NFTs stored in your Digital Wallet. We encourage the use of secure, offline storage measures for NFTs.

Sales and transfers by you of NFTs

Subject to applicable law, if you transfer your NFT to another, that transaction may involve third party platforms, Networks or Digital Wallets, none of which are associated with us, and may be subject to transaction fees charged by a platform with a portion of that transaction fee allocated to us. Should any transfer be conducted via a third party platform, then third party platform fees and charges may apply to those transactions at the time of the transaction, including fees and charges payable to us.

If at any time you sell or otherwise transfer the NFT for any reason, you acknowledge and agree that you (i) will have no further rights in or to the Art and (ii) shall communicate these limitations and restrictions to any party to whom you transfer the NFT, which limitations and restrictions will be included in the metadata of the NFT comprising the NFT. You shall not remove any limitations or restrictions from the metadata of the NFT.

In no event shall we be responsible for any resales, secondary market sales or other transfers of the NFT or Art or any iterations of the same. Transfer of ownership to an NFT will not guarantee continuing access to the Art to which it relates.

Intellectual property license in NFTs

We grant to the party who Owns an NFT for the time that party Owns the NFT (the “Term”), a non-exclusive, revocable license in respect of the Art associated with the NFT subject always to these Terms.

The License is assignable, transferable, and revocable on the terms of these Terms, and is for your personal, non-commercial use of the NFT (including to sell or transfer on a third-party marketplace) and to display and enjoy the Art associated with the NFT anywhere in the world (as set forth in (a)-(b), the “License”).

Upon your transfer of the NFT you Own, the License transfers to the recipient who then Owns the NFT and will be subject to the License and these Terms. For the avoidance of doubt, the transfer of the License does not constitute a commercial use restricted by the License.

With immediate effect upon your sale of the NFT you Own, your rights under the License shall cease to apply and will no longer be in force and effect. You will no longer be entitled to use the Art (or any reproductions of the Art) upon sale by you of the NFT.

Except as expressly stated in these Terms, nothing in these Terms is intended to, or shall operate to, give you ownership of any Intellectual Property Rights in, or other rights in respect of our Intellectual Property. You acknowledge our title to the Intellectual Property comprising the NFTs, and shall not at any time do or permit to be done any act of thing which you know or should know will in any way impair or otherwise encumber these rights.

There is no transfer of title or ownership of any Intellectual Property or any Intellectual Property rights upon the sale of the NFT under these Terms.

All goodwill that derives from the use of the Intellectual Property shall inure solely to our benefit, and you will not contest or aid in contesting the validity or ownership of any Intellectual Property Rights or take any action in derogation of our rights therein, including, without limitation, applying to register, alone or as part of another trademark, any trademark, trade name, internet domain name, or other designation that is confusingly similar to any Intellectual Property.

We will not be liable for any loss whatsoever related to damage or corruption to the Art, failure of the NFT to reference the Art, or loss of, or other security or persistence issues related to, the Art.

Sanctioned Person refers to any Person or Digital Wallet address that is: (i) specifically listed in any Sanctions List; (ii) directly or indirectly owned 50 percent or more by any Person or group of Persons in the aggregate, or a Digital Wallet associated with such Person or Persons, referred to in any Sanctions List, or government or government official of any Prohibited Jurisdiction; or (iii) that is subject to any government approval or otherwise sanctioned, restricted, or penalized under applicable laws;

Taxes means sales, use, value-added, and other taxes, duties and assessments (except taxes on our income);

Your Jurisdiction means the country or state where you are ordinarily resident or from which you enter into any agreement with us;

Website means www.LightningWorks.io and/or any other related website that is officially posted and authorized as a related website on www.LightningWorks.io from time to time;

Website Terms means the terms and conditions for access or use of the Website (if any) as may be varied from time to time.

contact@lightningworks.io