TERMS & CONDITIONS

EL COCO is a collection of digital artworks (NFTs) running on the Ethereum network. This website is only an interface allowing participants to mint 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 EL COCO 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 EL COCO digital collectibles.

OWNERSHIP i. You Own the NFT. Each EL COCO is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying EL COCO, 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 EL COCO. ii. Personal Use. Subject to your continued compliance with these Terms, ELCOCO.xyz 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 for the following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your EL COCO / NFT, provided that the marketplace cryptographically verifies each EL COCO owner’s rights to display the Art for their EL COCO 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 EL COCO, provided that the website/application cryptographically verifies each EL COCO owner’s rights to display the Art for their EL COCO 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 EL COCO leaves the website/application. iii. Commercial Use. Subject to your continued compliance with these Terms, ELCOCO.XYZ 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 (Coffee Mugs 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 EL COCO generally, provided that the marketplace cryptographically verifies each EL COCO owner’s rights to display the Art for their EL COCO 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 EL COCO generally, provided that the third party website or application cryptographically verifies each EL COCO owner’s rights to display the Art for their EL COCO 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 EL COCO leaves the website/application; or (iii) earning revenue from any of the foregoing.