Marketplace & Digital Asset Terms
Meta Lordz Digital Assets
1) Meta Lordz Digital Assets include: a) any NFTs, including NFTs representing warriors, equipment and any other NFT used or usable in the Game (the “Meta Lordz NFTs”)
b) any fungible tokens which are issued by us such as Lordz $GOLD (for the avoidance of doubt, this does not include ‘stable-coins’ such as USDT tokens and other digital assets traded by us but not issued by us such as Ethereum tokens) (the “Meta Lordz Tokens”)
c) any item which is not a digital asset existing on a blockchain, and is intended exclusively for use within the Game, such as in-game currency (Lordz $SILVER) and other in-game items (the “Meta Lordz Non-NFT Items”)
2) The Meta Lordz NFTs: a) Are digital representations of characters, items or other elements in the Meta Lordz game and have no other purpose whatsoever
b) Are, by their nature as NFTs, tradeable by their owners with third parties without the consent or involvement of us. A commission will be automatically paid to us when they are traded, based on how the underlying blockchain technology functions, but this does not involve any legal relationship between us and the parties to the transaction (of which we are not one). In the case that the Marketplace is used to arrange a Transaction, that Transaction will be a binding contract between the Buyer and the Seller and we shall not be a party to such a Transaction, but we will be entitled to a platform fee charged as a percentage of the Transaction amount to compensate us for making the Marketplace available
c) Are issued to players exclusively for use in the Game
d) Are issued by us without any warrant or claim, or liability to us in any way, regarding their: i) Quality or characteristics
ii) Value, whether now or in the future
iii) Functionality in the Game or in any other setting
iv) Marketability, whether this relates to liquidity, functioning of the underlying blockchain, marketplace functionality, or otherwise; or
v) Compatibility with any particular blockchain, wallet, device, system, marketplace or any other system or process, except as explicitly stated during the Mint or Transaction
vi) In any other manner whatsoever
3) The Meta Lordz Tokens: a) Do not presently exist but are intended to exist in the future, and no warrant or claim is made by us with respect to the timing, manner, purpose, quantum, process or otherwise regarding the issuance, functioning, trading, utility, eligibility for ownership, or otherwise of such assets.
4) The Meta Lordz Non-NFT Items: a) Are digital representations of items, balances, scores and other elements within the Game
b) Have no financial value whatsoever
c) Are for use solely within the Game for entertainment purposes only and have no other purpose or use whatsoever
d) Are not guaranteed to be exchangeable, either with us or with third parties, though we may from time to time at our sole discretion offer such functionality, on terms which we will solely dictate the terms to
e) Do not exist on a blockchain or in any publicly identifiable or auditable form, but rather exist in our database(s)
f) Are issued by us without any warrant or claim, or liability to us in any way, regarding their: i) Quality or characteristics
ii) Value, whether now or in the future
iii) Functionality in the Game or in any other setting
iv) Marketability
v) Compatibility with any particular wallet, device, system, marketplace or any other system or process
vi) In any other manner whatsoever
Use of the Meta Lordz Digital Assets (the “Assets”)
1) While using the Game and/or the Services, you may be presented with the opportunity to earn, or to be freely given, or to purchase, or to sell, some Assets. The use of these is subject to these terms as updated from time to time.
2) The Assets are solely designed for use with the Game. Although some types of the Assets can be traded with third parties through the Marketplace (at our discretion) or through other means, the only practical use of the Assets is to use them in conjunction with the Game (and related products & services, if any, offered by us) for entertainment purposes only.
3) We reserve the right at our sole discretion to temporarily or permanently modify the ownership, value, characteristics of, entitlement to, or any other aspect regarding, any Meta Lordz Digital Assets (to the extent that this is technically possible for us to achieve), for the purpose of: a) Detecting, mitigating against, investigating or rectifying any actual or suspected: i) Cheating or exploits;
ii) Fraudulent activity;
iii) Suspicious activity;
iv) Activity where we have reason to believe the User may have been untruthful with respect to their age, country of residence, or any other matter;
v) Activity which in our opinion contravenes Clause 5;
vi) Transactions involving money laundering, the financing of terrorism, financing of illegal activity in any jurisdiction, transactions with sanctioned individuals or entities, transactions in, with, or relating to geographies which the governments or regulators of the US, EEA countries, UK, BVI or Cayman Islands consider to be embargoed or sanctioned;
vii) Activity which brings us or any of our products or services into disrepute in our opinion;
viii) Bugs, errors or omissions on our part or on the part of third parties; b) Meeting any requirements from regulators, competent authorities, courts of law, or governments or government agencies in any jurisdiction, for any reason, and the User shall have no recourse in any manner whatsoever in these cases against the action taken. 4) Assets are sold without an investment purpose and without the expectation or purpose of gaining additional value, regardless of whether you do, or you intend to, resell the Assets at some point in the future, whether via the Marketplace or other means.
5) You may not, under any circumstances, take any of the following actions with regards to the Assets, or attempt to do so:
a) use the Assets for commercial purposes, advertising or promotion of a third-party product or service;
b) market merchandise, physical or digital, that represents the Assets;
c) alter the image or data associated with the Asset (except as facilitated by us using the Game or the Services)
d) attempt to claim any additional intellectual property rights relating to the Assets
e) use the Assets in connection with images, videos, or other forms of media that depict hatred, intolerance, violence, cruelty, or anything else that could reasonably be found to constitute hate speech, defamation or otherwise infringe upon the rights of others
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