Terms of service

Terms of service

Terms of service

Updated: 2024-06-08

Updated: 2024-06-08

Updated: 2024-06-08

Purpose and Engagement

At TEONE, we cater to individuals aged 18 and above through our innovative services. To ensure eligibility for our offerings, users must confirm they meet this age criterion. Our services are designed with adults in mind and are not intended for individuals under 18 years old.

For those interested in acquiring NFTs through TEONE, you'll need a compatible digital wallet capable of handling cryptocurrencies. Your wallet should be linked and authorized through our platform. When initiating an order to mint or purchase an NFT, our system orchestrates the transaction seamlessly through the relevant Extension, acting on your behalf. Each NFT you acquire will be promptly transferred to your wallet in accordance with our Terms of Service. It's crucial to prioritize the security of your wallet, including safeguarding your seed phrase, private keys, and password.

You are responsible for covering any transaction fees, taxes, duties, and assessments when making a purchase. Ensure your wallet contains sufficient funds to cover the total cost, including gas fees and other applicable charges. Our pricing and payment terms are clearly outlined at the point of sale or on our platform, and any incurred payment obligations are binding upon purchase. Substituting currencies, whether cryptocurrency or fiat, post-purchase is not permitted. Please note that fluctuations in currency value or fees do not alter or excuse your payment obligations.

TEONE does not oversee NFT transfers beyond the initial transfer to the purchaser via our platform. We disclaim liability for any actions or oversights of third parties, as well as for any damages resulting from your transactions or interactions with them.

Once a transaction is finalized, it's irreversible. We do not offer refunds, and all associated costs are non-refundable. Once an NFT has been successfully sold or transferred, it cannot be returned. Unless explicitly stated otherwise, TEONE does not manage the transfer, storage, ownership, or maintenance of any NFT beyond the initial transfer.

You acknowledge that the value of the NFT, especially on the secondary market, may experience significant fluctuations. Variations in the price or value of other digital assets could have a substantial and adverse impact on the value of your NFT. It's important to understand that we cannot guarantee – and therefore we cannot be held responsible for – whether any NFT will maintain or increase its value (or possess any economic value at all) or have any specific functionality or suitability for a particular purpose.

User Assurances and Responsibilities

By engaging with TEONE's services, you affirm and agree to the following:

You possess adequate expertise, experience, and understanding of NFTs, including their minting, bidding, buying, or selling, and any associated Utility. Before transacting, you have thoroughly evaluated TEONE's services and related matters independently. Your decision-making regarding NFTs and Utility on our platform relies solely on your independent assessment and judgment. You acknowledge the inherent uncertainties surrounding blockchain technologies and digital assets like NFTs and accept full responsibility for your interactions, irrespective of any statements or representations made by TEONE.

Your use of our services will not infringe upon any third-party rights or contravene any existing agreements or laws. You ensure compliance with all legal requirements pertaining to blockchain technologies, token trading activities, and NFT minting. No governmental investigations or legal actions have been or are pending against you in connection with your activities on our platform.

You possess the requisite authority and capacity to enter into and uphold the terms outlined in our agreement. If accepting on behalf of a company or entity, you warrant that you are authorized to bind said entity to these terms.

Ownership, Rights, and Guidelines

Upon lawfully acquiring an NFT from TEONE, you become the rightful owner of that NFT. Ownership is determined through smart contracts, with TEONE recognizing the verified owner as the sole authority over associated transactions via their designated digital wallet.

As the owner of an NFT, you receive specific rights and privileges, including a limited license to access and utilize any associated Garment for personal purposes. However, certain restrictions apply to ensure responsible usage and compliance with our guidelines.

Investment

Acknowledging the subjective nature of digital assets and artwork, including NFTs, you understand that their value is subject to change and can be volatile. TEONE does not guarantee any appreciation in value and bears no responsibility for fluctuations in price or market behavior.

Assets

All content and materials within the TEONE platform, including software components, logos, designs, and text, are proprietary assets owned by TEONE or its affiliates. Unauthorized use or reproduction of TEONE content is strictly prohibited without prior written consent.

Guarantee Exclusion

While we strive for excellence, TEONE does not guarantee the perfection or suitability of our services, NFTs, Garments, or any third-party services. We cannot assure that:

Your specific requirements or expectations will be met by using our services.

Our services will always be secure, timely, uninterrupted, error-free, or compatible with other systems.

Any stored data will remain accurate, secure, or reliable at all times.

Errors or defects will be promptly corrected.

To the maximum extent permitted by applicable law, TEONE disclaims all representations, warranties, promises, or guarantees of any kind, whether express or implied, statutory, or otherwise, regarding our services and third-party services.

External Services and Usage Agreements

TEONE acknowledges the presence of third-party services but does not endorse or control them. Our services may grant access to content, software, products, platforms, and services offered by entities other than TEONE ("Third-Party Services"). For example, transactions initiated on our platform may involve third-party digital wallet extensions.

When you choose to interact with Third-Party Services through our platform, you do so at your own risk. Your utilization of our services directs the applicable company or entity to provide Third-Party Services to you. You are solely responsible for your engagements with third parties.

The terms of service and other usage terms associated with Third-Party Services will govern your use when accessed through our platform. TEONE neither endorses nor assumes liability for any Third-Party Services advertised or available through our platform.

TEONE is not a participant in agreements or interactions between you and third parties. Consequently:

TEONE shall bear no responsibility or liability for any Utility offered by third parties in connection with NFTs or Garments, or for any Third-Party Terms associated with such offerings.

TEONE is not a party to agreements between buyers, sellers, or facilitators of secondary sales of NFTs acquired through our platform. We disclaim liability for any damages arising from your transactions or interactions with third parties.

Scrutiny

Should TEONE suspect any potential violations of these Terms of Service (ToS) by you, TEONE reserves the right to initiate investigations into such alleged violations. If, following the investigation, TEONE believes that criminal activity may have transpired, TEONE reserves the right to notify and cooperate with relevant legal authorities. TEONE is authorized, except where prohibited by applicable law, to disclose any information or materials within its possession on or related to the Services, for the following purposes:

To comply with applicable laws, legal processes, or governmental requests.

To safeguard the rights, property, or personal safety of TEONE, its affiliates, its users, the public, and any law enforcement or government officials, as deemed necessary or appropriate at TEONE's sole discretion.

TEONE may request you to furnish additional information and documents as per the directives of competent authorities or to assist TEONE in adhering to applicable laws, regulations, or policies. This may include laws concerning the prevention of money laundering or the combating of terrorism financing. TEONE may also request additional information and documents if it suspects:

Your Wallet or access to the Services is involved in money laundering or other illicit activities.

You have provided false or concealed identification information and other particulars.

Transactions conducted via your Wallet breach these ToS or other applicable terms, laws, rules, agreements, orders, or regulations.

In such instances, TEONE reserves the right, at its sole discretion, to suspend or terminate your transactions through our Services until the requested additional information and documents have been reviewed and deemed compliant with applicable law, regulation, or policy. Failure to provide complete and accurate information and documents in response to such requests may result in TEONE refusing to provide any content, product, service, and/or further access to the Services.

Legal disputes

We aim to settle all disputes amicably outside of court.

Our services and any agreement concluded shall be governed by the substantive law of Sweden.

The courts of Sweden shall have exclusive jurisdiction over any dispute, controversy or claim arising out of or in connection with this agreement, or the breach, termination or invalidity thereof.

The winning party can seek reimbursement for its reasonable expenses and legal fees.

Update of information

We may update the Privacy Policy periodically, so we suggest you regularly review the version posted on our websites. By continuing to access or use our SERVICE after any updates to the Privacy Policy, TEONE will consider that you agree to its terms, including any revisions. You can find the latest version of the Privacy Policy on this page.

Contact Information

For any inquiries about our data practices or if you encounter any challenges accessing the information provided in this Privacy Policy, please feel free to reach out to us: