These Terms and Conditions ("Terms") govern the ownership and use of the Legends Awaken II NFT ("NFT").
By purchasing, acquiring, or using a Legends Awaken II 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.
Please read these Terms carefully and ensure you understand all risks before proceeding.
1. Ownership Rights
The Holder of a Legends Awaken II NFT has ownership rights to the NFT token itself. However, ownership of the NFT does NOT grant:
- Intellectual property rights to the artwork, brand, or associated materials
- Equity, shares, or ownership in Cronos Legends
- Voting rights in project decisions (except as specified in community governance)
- Rights to profits, revenue, or future earnings of the project
- Any commercial exploitation rights beyond personal use
The NFT represents a limited license to use the associated digital artwork for personal, non-commercial purposes only.
2. Accessing Utilities
To access the utilities provided by Legends Awaken II NFT, holders must:
- Join our official Discord community
- Verify ownership of the NFT through wallet connection or manual verification by creating a ticket in Discord
- Comply with Discord's Terms of Service and community guidelines
- Maintain ownership of the NFT (utilities transfer with NFT ownership)
The project reserves the right to revoke access for violations of community rules or Terms of Service.
3. Utilities
The following utilities are granted to Legends Awaken II NFT holders. Restrictions or limitations are
indicated for applicable countries. All utilities are subject to availability and may be modified or discontinued.
Exclusive Community Access
Holders will have access to private community channels and events related to the Cronos Legends project, including:
- Private Discord channels
- Exclusive community events
- Early announcements and updates
- Direct communication with the team
✓ No global restrictions for this utility.
Rewards and Possible Staking
Discord Games:
- Reward system where NFT holders can participate to win from a $1,000 pool of $CLG tokens
- Games and competitions hosted in Discord
- Rewards distributed based on participation and performance
Note: Future staking mechanisms are under consideration but not guaranteed.
Regulatory Notice:
Staking activities may be subject to local financial regulations in certain jurisdictions.
Please check your local laws before participating in any staking or reward programs.
In-Game Use
Use your NFT characters in future Cronos Legends games and experiences, including:
- Character representation in games
- Potential gameplay benefits or features
- Integration with future gaming platforms
Note: Game development timelines are subject to change, and gaming aspect is under consideration but not guaranteed. No guarantee of specific game features or release dates.
Digital assets in games may be restricted in certain jurisdictions.
NFT Buybacks & Possible Royalty Share
- NFT Buybacks for Marketing: A $500 fund dedicated to NFT buybacks to support the ecosystem and marketing initiatives
- Potential Royalty Share: NFT holders may receive a share of secondary sales royalties from the collection (subject to implementation)
Disclaimer: Royalty distributions are not guaranteed and depend on project success and market conditions.
Tax Considerations:
Royalties and buyback proceeds may be subject to local tax regulations in your jurisdiction.
Income from NFT sales and rewards may need to be declared and taxed as income or capital gains.
Please consult a tax professional in your country for guidance.
Voting Rights (Community Governance)
Voting processes will be conducted via Discord for community governance decisions, including:
- Community event planning
- Feature suggestions and priorities
- Discord server modifications
Note: Voting does not constitute corporate governance or equity ownership. Final decisions remain with the project team.
Decentralized voting may be restricted in certain jurisdictions.
4. Transferability
Legends Awaken II NFTs can be transferred to third parties through supported blockchain platforms and marketplaces.
The Holder acknowledges and agrees that:
- Any transfer of the NFT will also transfer the associated utilities to the new owner
- The original owner loses all rights and utilities upon transfer
- Transfers are subject to blockchain network fees and platform fees
- We are not responsible for transfers to incorrect addresses or lost NFTs
- You must comply with all local laws regarding the transfer of digital assets
Transfer Regulations:
Transfer of digital assets may be subject to specific regulations in your jurisdiction.
Holders must comply with local laws. Some transfers may trigger tax reporting obligations.
5. No Investment or Security
The Legends Awaken II NFT is NOT:
- An investment contract or security
- A share or equity in any company
- A guarantee of profit or financial return
- Subject to regulation as a financial instrument
This NFT is a digital collectible with associated utilities. You should not purchase with the expectation of profit.
The project team makes no promises or guarantees regarding future value.
6. Disclaimer & Warranty Limitation
The Legends Awaken II project, including any associated utilities or rewards, is provided "AS IS"
and "AS AVAILABLE" without warranty of any kind, either express or implied, including but not limited to:
- Warranties of merchantability
- Fitness for a particular purpose
- Non-infringement
- Uninterrupted or error-free operation
The project team makes no representations regarding:
- Long-term availability of utilities, rewards, or the ecosystem
- Future value or market demand for the NFTs
- Success of any games or projects in development
- Ability to deliver on proposed roadmap items
⚠️ Critical Implementation Notice
The utilities and rewards described in these Terms will only take effect once the Legends Awaken II NFT collection is
fully sold out. There is no guarantee that the collection will sell out or that any utilities will be implemented.
7. Data Protection & Privacy
We are committed to protecting your personal data in accordance with applicable data protection laws and regulations.
Data We Collect:
- Blockchain wallet addresses (public information)
- Discord usernames and IDs (when you join our server)
- Transaction history (public blockchain data)
- Communication with our team (support inquiries)
Your Rights:
- Right to access your personal data
- Right to rectification of inaccurate data
- Right to request data deletion where applicable
- Right to data portability
- Right to object to certain processing
Important: Blockchain data is immutable and cannot be deleted. Wallet addresses and transaction history remain permanently on the blockchain.
8. Force Majeure
The project team shall not be liable for any failure to perform its obligations where such failure results from circumstances beyond reasonable control, including but not limited to:
- Natural disasters, pandemics, or acts of God
- War, terrorism, or civil unrest
- Government actions, laws, or regulations
- Blockchain network failures or congestion
- Cyber attacks, hacks, or system failures
- Market crashes or extreme volatility
- Exchange or platform shutdowns
9. Changes to Terms
The project team reserves the right to modify or amend these Terms at any time for reasons including but not limited to:
- Compliance with new laws or regulations
- Changes to project structure or utilities
- Security improvements
- Clarification of existing terms
Any material changes will be communicated to Holders through:
- Official Discord announcements
- Project website updates
- Social media channels
Continued holding of the NFT after changes constitutes acceptance of the new Terms.
If you do not agree with changes, your only remedy is to sell or transfer your NFT.
10. Limitation of Liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
The project team, its founders, developers, advisors, and affiliates shall NOT be liable for any:
- Direct, indirect, incidental, or consequential damages
- Loss of profits, revenue, or business opportunities
- Loss of data or information
- Financial losses from NFT value depreciation
- Inability to access utilities or rewards
- Smart contract bugs or vulnerabilities
- Hacks, scams, or fraudulent activities by third parties
- Market manipulation or price volatility
- Regulatory actions or legal changes
Maximum Liability: In no event shall our total aggregate liability exceed the original purchase price
you paid for the NFT.
11. Indemnification
You agree to indemnify, defend, and hold harmless the project team, its members, and affiliates from any claims,
demands, damages, or expenses (including legal fees) arising from:
- Your violation of these Terms
- Your violation of any applicable laws or regulations
- Your use or misuse of the NFT
- Your infringement of third-party rights
- Any fraudulent or illegal activities
12. Dispute Resolution & Governing Law
12.1 Governing Law
These Terms shall be governed by and construed in accordance with the laws applicable to digital assets
in the jurisdiction where the project is operated, without regard to conflict of law provisions.
13. Prohibited Activities
Holders are strictly prohibited from:
- Using the NFT for illegal activities, money laundering, or fraud
- Misrepresenting the NFT as a financial investment or security
- Infringing on intellectual property rights
- Creating derivative works without permission
- Manipulating markets or engaging in wash trading
- Violating platform terms of service (Crypto.com/NFT, Discord, etc.)
- Harassing or threatening other community members
- Attempting to exploit bugs or vulnerabilities
Violation of these prohibitions may result in immediate termination of utilities and potential legal action.
14. Severability
If any provision of these Terms is found to be invalid or unenforceable under applicable law,
such provision shall be modified to the minimum extent necessary to make it valid and enforceable.
If modification is not possible, the provision shall be severed, and the remaining provisions shall
continue in full force and effect.
15. Entire Agreement
These Terms constitute the entire agreement between you and Cronos Legends regarding the Legends Awaken II NFT
and supersede all prior agreements, understandings, and representations, whether written or oral.
16. Contact Information
For questions, concerns, or exercising your data protection rights, please contact us through:
- Official Discord server
- Email: contact@cronoslegends.com
📋 Important Information & Risk Disclosure
Please review the following important information regarding your purchase and ownership of Legends Awaken II NFTs:
- Educational Purpose: Nothing in this document constitutes financial, investment, legal, or tax advice. Please consult appropriate professionals.
- Digital Asset Nature: NFTs are digital collectibles. Like all digital assets, their value can fluctuate based on market conditions.
- Utility Implementation: Future utilities, rewards, or features are subject to successful project development and may evolve over time.
- Market Dynamics: The NFT market is dynamic and subject to various factors including technology, regulation, and user adoption.
- Technical Considerations: Blockchain technology continues to evolve. We recommend understanding the technology before participating.
- Regulatory Landscape: Digital asset regulations vary by jurisdiction and may change over time. Stay informed about your local laws.
- Age Requirement: You must be at least 18 years old (or the age of majority in your jurisdiction) to participate.
- Informed Decision: We encourage you to research thoroughly and only participate if you understand NFTs and blockchain technology.
Our goal is transparency. Please make informed decisions and only invest what you're comfortable with in emerging technologies.
📋 Acceptance of Terms
By purchasing, acquiring, or holding a Legends Awaken II NFT, you acknowledge that you have:
- Read and understood these Terms in their entirety
- Understood all risks associated with NFT ownership
- Confirmed you are of legal age in your jurisdiction
- Consulted with appropriate advisors (financial, legal, tax) if necessary
- Agreed to be legally bound by these Terms