Privacy & Policy
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Information of NFT Marketplace
An NFT is a unit of data stored on a digital ledger, called a blockchain, which can be sold and traded. The NFT can be associated with a particular digital or physical asset (such as a file or a physical object) and a license to use the asset for a specified purpose.
Digital art was an early use case for NFTs, because of the ability of blockchain technology to assure the unique signature & ownership of NFTs. The digital artwork entitled "Everydays – The First 5000 Days", by artist Mike Winkelmann , also known as Beeple, sold for US$69.3 million in 2021. NFTs can represent digital collectibles like physical card collections, however in a completely digital format. Tickets, for any type of event, have been suggested as a use case for NFTs.
Open source their work and relinquish all rights to it
Some licenses do not grant the right to create merchandise from the digital asset, to issue / sell copies of the original digital asset, or to modify the digital asset underlying the NFT in any way.
Some licenses permit the user to copy the NFT in a way that does not involve selling or using it for commercial gain.
Retrieve the encrypted media content from Litecoin along with all relevant metadata.
If the decrypted video is a bitwise match of the unencrypted video stored on Litecoin, the proof of ownership is established.
Buy & Sell terms & conditions
Risks are transferred immediately in sale whereas in the agreement of sale risks are attached to the seller till the goods are being transferred in the future. The sale is an executed contract whereas agreement to sell is an executory contract:
“Terms and Conditions” means these “General Terms and Conditions for the Sale of Products or Services”, together with any modifications or additional provisions specifically stated in Seller's final quotation or specifically agreed upon by Seller in writing.
They are also essential because they allow each party in a transaction to leave satisfied.
General terms and conditions are provisions set out in writing. Everything related to an agreement is arranged in them.
This agreement can be concluded between various entrepreneurs or between entrepreneurs and customers.
Payment terms are typically associated with invoice payments. They are an agreement that sets your expectations for payment, including when the client needs to pay you and the penalties for missing a payment.
A contract by which a seller transfers or agrees to transfer the ownership of goods to a buyer in exchange for a money price.