Terms and Conditions

Introduction

These Terms and Conditions ("Terms") govern the ownership and use of the Legends Awaken NFT ("NFT"). By purchasing, acquiring, or using a Legends Awaken NFT, you ("Holder") agree to be bound by these Terms. These Terms are subject to the local laws of the respective country and will be enforced accordingly.

1. Ownership Rights

The Holder of a Legends Awaken NFT has ownership rights to the NFT associated with the project. However, ownership of the NFT does not grant any rights, either express or implied, to the intellectual property or any associated materials of the Legends Awaken NFT project beyond the utilities outlined in these Terms.

2. Accessing Utilities

To access the utilities provided by Legends Awaken NFT, holders must join our Discord community. This will grant you access to exclusive events, airdrops, and community privileges, including:

3. Utilities

The following utilities are granted to Cronos Legends NFT holders. Restrictions or limitations are indicated only for applicable countries using their abbreviations (e.g., UK, US, DE, CN):

Exclusive Community Access:

Holders will have access to private community channels or events related to the Legends Awaken project. There are no global restrictions for this utility.

Staking and Rewards:
Restrictions:
UK US DE CN IT

Restricted. Subject to local financial regulations regarding staking activities. In the US, staking may be considered a financial service and could be subject to SEC regulations. In Germany and Italy, financial authorities may regulate staking. In China, all staking activities are prohibited.

Instructions:

Staking will be conducted on Cronos network DApps. To stake, you must transfer your NFT to your decentralized Cronos wallet.

In-Game Use:
Restrictions:
CN

Restricted. Digital assets in games are heavily regulated or prohibited in China.

Instructions:

To participate in any game, you must transfer your NFT to your decentralized Cronos wallet.

Royalty Share:
Tax Regulations:
UK FR IT US JP AU

Subject to local tax regulations. Royalties must be declared and may be taxed accordingly. In the US, royalty income is taxable and must be reported to the IRS. In Australia, royalty payments may be subject to withholding tax.

Voting Rights:
Restrictions:
CN KR

Restricted. Decentralized voting mechanisms are limited due to local governance regulations.

Instructions:

Voting processes will be conducted via Discord.

4. Transferability

Legends Awaken NFTs can be transferred to third parties through supported platforms. The Holder acknowledges that any transfer of the NFT will also transfer the associated rights and utilities to the new owner.

Transfer Regulations:
US JP KR

Transfer of digital assets may be subject to specific regulations, such as the Financial Services Agency in Japan or the SEC in the US. Holders must comply with local laws.

5. Disclaimer

The Legends Awaken project, including any associated utilities or rewards, is provided "as is" without warranty of any kind. The project team makes no representations regarding the long-term availability of utilities, rewards, or the Legends Awaken NFT ecosystem.

⚠️ Important Notice

The above utilities and rewards will only take effect once the Legends Awaken NFT collection is fully sold out.

Consumer Protection:
US UK EU

Local consumer protection laws may apply, and any warranties or representations could be subject to additional requirements.

6. Changes to Terms

The project team reserves the right to modify or amend these Terms at any time. Any changes will be communicated to the Holders through official channels.

Regulatory Compliance:
US UK EU

Any changes will be made in compliance with local regulations.

7. Liability

The project team shall not be liable for any damages, including financial losses, resulting from the purchase, use, or transfer of Legends Awaken NFTs.

Liability Limitations:
US JP EU

Local laws may impose additional liability limitations, and Holders should be aware of their rights under those jurisdictions.

8. Governing Law

These Terms will be governed by and construed in accordance with the laws of the applicable jurisdiction.

Legal Framework:
UK US FR JP

Local regulations may impose additional rules or limitations based on the country's legal framework.