Blade Wallet x Le Good Society (“BWLGS”) is a collection of digital collectible artworks tied to nonfungible tokens (“NFTs”) running on the Hedera network. Users are entirely responsible for the safety and management of their own private digital wallets and validating all transactions and contracts generated by this website before approval. Furthermore, as the BWLGS smart contract runs on the Hedera network, there is no ability to undo, reverse, or restore any transactions.
This website and its connected services are provided “as is” without warranty of any kind. By using this website you are accepting sole responsibility for any and all transactions involving BWLGS digital collectibles.
These terms and conditions (the “Terms”) set forth the intellectual property and ownership rights granted by Blade Labs Inc. (together with Blade Labs Holding Pte Ltd., Blade Foundation Ltd., and our subsidiaries or affiliates, referred to as “Blade”) to the recipient of the BWLGS NFT (“You”).
- Ownership. Each BWLGS is an NFT on the Hedera network. When you purchase or obtain an NFT, you own the cryptographic token, but not the underlying BWLGS artwork (the “Art”).
- Personal Use. Subject to your continued compliance with these Terms, Blade grants you a worldwide license to use, copy, and display the 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 BWLGS NFT, provided that the marketplace cryptographically verifies each BWLGS owner’s rights to display the Art for their BWLGS 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 BWLGS, provided that the website and/or application cryptographically verifies each BWLGS owner’s rights to display the Art for their BWLGS 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 BWLGS leaves the website or application.
Commercial Use. Your use, copy, display of the Art and creation of derivative works based upon the Art (“Commercial Use”) is subject to a twenty percent (20%) royalty fee that will automatically be transferred to the owner of the Art. Examples of such Commercial Use, include but are not limited to, the use of the Art to produce and sell merchandise products (T-Shirts, etc.), displaying copies of the Art, or selling the Art on an NFT exchange or marketplace. 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 BWLGS generally, provided that the marketplace cryptographically verifies each BWLGS owner’s rights to display the Art for their BWLGS to ensure that only the actual owner can display the Art; or (ii) owning or operating a third party website or application that permits the inclusion, involvement, or participation of BWLGS generally, provided that the third party website or application cryptographically verifies each BWLGS owner’s rights to display the Art for their BWLGS 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 BWLGS leaves the website and/or application.