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Lumora NFT Marketplace - Terms and Conditions
Effective Date: July 4, 2025
Introduction
Welcome to Lumora, your platform for creating, buying, and selling non-fungible tokens (NFTs). By accessing or using Lumora, you agree to these Terms and Conditions. If you do not agree, please refrain from using our services.
1. Eligibility
- You must be at least 18 years old and have the legal capacity to enter contracts to use Lumora.
- By using our platform, you confirm you meet these requirements and comply with applicable laws.
2. Account Responsibilities
- Registration: You must provide accurate and complete information when creating an account.
- Security: You are responsible for securing your account credentials, including your wallet and password. Lumora is not liable for unauthorized access due to your failure to secure your account.
- Activity: You are accountable for all actions taken through your account.
3. NFT Transactions
- Ownership: Purchasing an NFT grants you ownership of the digital asset as recorded on the blockchain, subject to the creator’s licensing terms (e.g., intellectual property rights).
- Fees: You agree to pay all applicable fees, including transaction fees and blockchain gas fees, as displayed at the time of purchase, sale, or transfer.
- No Refunds: Due to the immutable nature of blockchain transactions, all sales are final unless otherwise required by law.
- Risk: You acknowledge the risks of blockchain technology, including volatility in NFT value and potential technical issues.
4. User Conduct
You agree not to:
- Engage in illegal activities, such as fraud, money laundering, or intellectual property infringement.
- Upload, mint, or sell NFTs containing harmful, offensive, or infringing content.
- Attempt to disrupt, hack, or exploit Lumora’s platform, its servers, or underlying blockchain networks.
- Misrepresent the authenticity or ownership of any NFT.
5. Intellectual Property
- User Content: You retain ownership of the NFTs you create or upload but grant Lumora a non-exclusive, worldwide, royalty-free license to display, promote, and distribute your NFTs on our platform for operational purposes.
- Platform Content: Lumora’s branding, logos, and website content are our property and may not be used without prior written permission.
- Third-Party Rights: You confirm that any content you upload does not infringe on third-party intellectual property rights.
6. Termination and Suspension
- We may suspend or terminate your account if you violate these Terms, engage in illegal or harmful activities, or pose a risk to our platform or users.
- Upon termination, your access to Lumora will cease, but blockchain-based NFT ownership remains unaffected.
7. Limitation of Liability
- Lumora is provided “as is” without warranties of any kind, express or implied.
- We are not liable for:
- Losses due to blockchain failures, hacks, or third-party service interruptions.
- The accuracy, legality, or value of NFTs traded on our platform.
- Any indirect, incidental, or consequential damages arising from your use of Lumora.
- You use Lumora at your own risk, including risks related to cryptocurrency and blockchain technology.
8. Indemnification
You agree to indemnify and hold Lumora, its affiliates, and employees harmless from any claims, losses, or damages arising from your use of the platform, violation of these Terms, or infringement of third-party rights.
9. Governing Law and Dispute Resolution
- These Terms are governed by the laws of [Your Jurisdiction, e.g., Delaware, USA].
- Any disputes will be resolved in the courts of [Your City, State], or through arbitration if agreed upon by both parties.
10. Changes to These Terms
- We may update these Terms periodically. Changes will be posted on our website with an updated effective date.
- Continued use of Lumora after changes constitutes acceptance of the new Terms.