PLEASE READ THIS AGREEMENT CAREFULLY. IT AFFECTS YOUR RIGHTS AND WILL HAVE A SUBSTANTIAL IMPACT ON HOW DISPUTES BETWEEN YOU AND ABD COLLECTIBLES ARE RESOLVED. BY USING THIS SITE OR OBTAINING AN INTEREST IN ANY COLLECTIBLE ORIGINALLY DISTRIBUTED VIA THIS SITE, YOU ACCEPT THE TERMS OF THIS AGREEMENT.

Before you use the Services (including the Website), you must agree to these “Terms of Service” (the “Agreement”), our Privacy Policy at ABD Collectibles LLC, and for any purchases you make, the License Agreement at ABDcollectibles.com

We regularly update and modify the Site. You agree that we may change the operation of the Site in our sole discretion, at any time and without giving notice. We may also modify this Agreement, the Privacy Policy, and the License Agreement at any time. We will post any amendments at ABDcollectibles.com, indicating the date the relevant agreement was last updated. Your continued use of the Service after the “Last Updated” date on any of these agreements will constitute your acceptance of and agreement to the changes. If you are not willing and able to comply with this Agreement as amended, you may not continue to use the Service.

You may not use the Site if you are not at least 18 years old (or have not attained any greater applicable age of majority where you reside), do not agree to be bound by the terms of this Agreement, or your use of the Site would violate any laws or regulations that apply to you.

Overview. The Site allows you to obtain, collect, and sell unique (non-fungible) tokens (each an “NFT”). Ownership of each NFT is linked to a specific license right in identified media segments (referred to as “Collectibles”) linked to the NFT, and those rights may be exercised by the owner of the associated NFT. The media segments making up the Collectibles are owned by entities (“Content Owners”) that have expressly licensed ABD to create and market NFTs related to those media segments. The specific rights in the Collectibles that are granted to you under ABD’s license from the Content Owners are defined and controlled by the License Agreement. Transfers of an NFT between parties are recorded on a blockchain to provide a verifiable record of ownership. When you own an NFT, provided you continue to abide by the terms of this Agreement and the License Agreement, you may showcase and view the Collectible associated with that NFT according to the terms of the License Agreement.

Purchases Outside the Website. Only those transfers of ownership made through the Service will be recognized by ABD as valid and recorded on the Flow blockchain. We reserve the right to disregard any claims of ownership other than those resulting from transfers processed through the Site in connection with user purchases of packs, or in the Marketplace. If you purchase NFTs other than in packs or through the Marketplace, such purchases are made at your own risk; there can be no assurance that you will receive or retain any rights associated with an NFT that someone purports to sell to you outside of ABD’s official channels.

Marketplace. You agree to use due care when making purchases or posting NFTs for sale in the Marketplace. When you make an offer for sale that is accepted by another user, or you purchase an NFT offered by another user, you are entering into a binding legal contract with that user, to which ABD is a third-party beneficiary. All transactions in the Marketplace are final at the time payment is made, regardless of any party’s mistake. Any offers for sale that you post in the Marketplace are irrevocable when they are accepted by another user and the user has submitted valid payment. Any purchases that you make in the Marketplace are irrevocable and non- refundable when you submit your payment information and click to complete the purchase. When an NFT transfer record is submitted to the Flow Network, it is digitally“ recorded on the blockchain and there is no mechanism to delete the transfer record or otherwise reverse the transfer.

General Terms. These terms apply to any purchases you make using the Service(s):

  • You agree to provide current, complete, and accurate purchase and account information for all purchases made via the Website and Services. You further agree to promptly update account and payment information, including email address, payment method, and payment card expiration date, so that we can complete your transactions and contact you as needed. We bill you through an online billing account for purchases made via the Website. Sales tax will be added to the price of purchases as we deem appropriate. We may change prices at any time. All payments shall be in U.S. dollars.
  • ABD reserves the right to correct any errors or mistakes in pricing when it sells NFTs in digital packs or provides other Services, even if ABD has already requested or received payment. ABD also reserves the right to refuse any order placed through the Services.
  • Registration. When you create an account on the Site, you must provide complete, accurate registration information, and you must keep your information (particularly including your email address) updated when changes occur.

    Wallet. To purchase and store NFTs, you will need a digital wallet that is supported by the Service. Currently the Service supports the Blocto wallet provided by portto Co., Ltd (available at https://blocto.portto.io/en/ ). By using the Blocto wallet, you are bound by the terms and conditions for use of the wallet posted on the portto.io website. The creation, maintenance, and operation of the wallet are transactions directly between you and portto, and they are solely responsible for the wallet and for those transactions with you. ADB is not a party to, or responsible for, any aspect of the creation, maintenance, operation, or security of your wallet.

    3. Taxes

    You must notify us in writing before purchasing any NFTs if you are a resident of any other jurisdiction that will impose sales, use, value-added, or other taxes, assessments, and duties based on your purchase of NFTs or other use of the Services (“Taxes”). For the avoidance of doubt, ABD’s income taxes are not considered Taxes for this purpose.

    4. Benefits and Risks of Acquiring NFTs and Collectibles

  • NFTs are offered on the Site for collecting, for displaying to friends and acquaintances, and for trading as a hobby. They are provided only for consumer enjoyment, use and consumption and not as investments. Our NFTs are not “securities” as defined under the amended versions of the Securities Act of 1933, Securities Exchange Act of 1934, and Investment Company Act of 1940, or under the securities laws of any U.S. state.
  • The value of NFTs representing collectible digital assets is subjective; the license rights they represent may have value to collectors for personal interest, historical or other reasons but have no inherent value.
  • Regulations for virtual currencies, NFTs and blockchain technology are in a state of uncertainty and ongoing development. New government actions, interpretations, and policies may affect the operation of the Site, and the use and value of your NFTs.
  • 5. Intellectual Property Rights

    Trademarks and Service Marks. The trademarks and service marks used on the Site are the property of ABD or our business affiliates. You acknowledge our exclusive right to use those of the trademarks and service marks used herein that belong to ABD, and you agree not to use or seek to register any of our trademarks or service marks (or any confusingly similar marks) anywhere in the world.

    Exclusion. ABD does not grant you any title, interest, or rights other than the foregoing limited license in any element of the Software or Services, content, computer code, data, Media, or any other property whatsoever--except for the express, limited Media rights you receive under the License Agreement upon purchase of an NFT. You may not sell, redistribute, or reproduce any element of the Services, nor may you decompile, reverse-engineer, disassemble, or otherwise convert any part of the Services to a human-perceivable form.

    License Agreement. Each NFT is associated with a specific Collectible. Owning the NFT does not mean you “own” the associated Collectible. Ownership of the underlying media segments in a Collectible is retained by the Content Owners; under the License Agreement, the owner of the NFT is given specific rights to access, display and/or perform the media segments comprising the associated Collectible. All rights and obligations under the License Agreement convey with the NFT; therefore, if you sell trade or give away the NFT, all your rights and obligations under the License Agreement will be automatically transferred to the new owner. Any new owner must comply with the provisions of the License Agreement as a condition of holding the NFT and the associated license rights.

    We are not obligated to pre-screen material posted or submitted by users (“Content”). We may, but have no obligation to, remove Content that violates our policies or this Agreement.

    You will not upload, download, display, perform, transmit, or otherwise distribute any information or content in violation of any party's copyrights, trademarks, patents, or trade secrets. You are solely responsible for any violations of any laws and for any infringements of rights caused by any content you provide, post, or transmit, or that is provided or posted or transmitted using your account.

    7. Infringement Claims - Digital Millennium Copyright Act

    ABD makes a good faith effort to identify any repeat infringers. Those that violate ABD’s internal repeat infringer policy will have their accounts terminated.

    To submit an infringement claim to ABD you must provide a notice including the following information:

  • Identification of the infringing material to be removed, and information reasonably sufficient to permit ABD to locate the material. Please submit the screen name of the user who posted the infringing material, and identify the message, posting or other location of infringing material.
  • A statement that the complaining party has a good faith belief that the use of the material is unauthorized.
  • A physical or electronic signature of the copyright owner (or authorized representative).
  • Send all takedown notices to info@abdcollectibles.com.

    Disputing a Take Down

  • A description of the material that has been taken down and the original location of the material before it was taken down.
  • Your name, address, and telephone number, and a statement that you consent to the jurisdiction of the federal district court for the judicial district in which the address is located (or if you are outside of the United States, that you consent to jurisdiction of any judicial district in which the service provider may be found), and that the you will accept service of process from the person or company who provided the original infringement notification.
  • 8. General Account Terms

  • Be a human 18 years or older who has the legal capacity to enter a contract. Accounts registered or operated by minors, “bots” or other automated methods are not permitted.
  • Maintain the security of the device(s) you use to access the Service(s) and your account and password.
  • Use the Service(s) only for legal and authorized purposes. You must not use the Service(s) in a way that violates any laws or regulations in your jurisdiction.
  • Violate ABD’s acceptable use policies (as determined in ABD’s sole discretion from time to time) for selection of your username and for all content, communications, and behavior relating to the Service. For example, physical abuse, violation of any party’s intellectual property rights, and communication with another user or any of our authorized representatives or customer service personnel that is profane, unlawful, threatening, abusive, libelous, defamatory, pornographic, obscene, ethnically or racially offensive, threatens abuse or retribution, contains slurs and/or is otherwise objectionable in our sole discretion, are grounds for immediately terminating your access to the Service.
  • Reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service(s) without ABD’s express written permission.
  • Disclose in any public posting the contact information of another account holder.
  • Engage in unauthorized framing of the Website.
  • Make improper use of our support services or submit false reports of abuse or misconduct.
  • Interfere with, disrupt, or create an undue burden on the networks or services connected to the Website and/or used to provide the Services.
  • Sell or otherwise transfer your account.
  • Use the Website as part of any effort to compete with us or otherwise use the Website and/or the Content for any revenue-generating endeavor or commercial enterprise, other than purchases and sales of digital collectibles in compliance with the terms of this Agreement.
  • Attempt to bypass any measures of the Website designed to prevent or restrict access to the Website, or any system used to provide the Services.
  • Delete copyright or other proprietary rights notice from any Content.
  • Upload or transmit (or attempt to upload or to transmit) viruses, Trojan horses, or other material, including excessive use of capital letters and spamming (continuous posting of repetitive text), that interferes with any party’s uninterrupted use and enjoyment of the Services or modifies, impairs, disrupts, alters, or interferes with the use, features, functions, operation, or maintenance of the Services.
  • Except as may be the result of standard search engine or Internet browser usage, use, launch, develop, or distribute any automated system, including without limitation, any spider, bot, cheat utility, scraper, or offline reader that accesses the Services, or using or launching any unauthorized script or other software.
  • If we believe, in our sole discretion, that you have violated any provisions of this Agreement, we reserve all of the following rights: (1) to take legal action ourselves, (2) to refer any matter to police agencies and/or government regulators, (3) to cooperate in our sole discretion with law enforcement agencies and courts (whether they request information or compel its production by subpoena or other court order), (4) to provide information in our sole discretion regarding any user to government agencies, law enforcement personnel, and courts, including our identity records relating to the user, and (5) to void or reverse any transaction and to confiscate any NFTs involved in the transaction, if any aspect of the transaction or your actions violated any provision of this Agreement.

    You can cancel your account at any time by logging into your account or contacting us using the contact information provided below. If you are unsatisfied with our services, please email us at info@abdcollectibles.com.

    Upon termination of your account for any reason, your account may be deactivated and/or deleted. You may no longer be able to access your account or the Site, access any information you have posted on the Site, or view media using the Site. We may delete your Collectibles’ images and descriptions (and the associated Media) from the Site. Cancellation or termination of your account will not entitle you to any refunds for Collectibles or anything else you purchased through your account. However, you will retain ownership of any Collectibles that you have legitimately purchased in compliance with applicable law and all provisions of this Agreement.

    ABD endeavors to provide reliable access to the Website. However, our Services are subject to various modes of failure and loss of data, some of which are beyond ABD’s control. Further, because user information, passwords, and other key data are transmitted over publicly accessible networks (such as mobile data communications networks and the internet) as well as being stored on servers connected to these networks, there is an inherent risk that this information will be intercepted or improperly accessed by third party actors.

    You agree that you have had whatever opportunity you deem necessary to investigate the Services, and the laws, rules, or regulations that may be applicable to NFT transactions and that you are not relying upon any statement of law or fact made by ADB relating to the legality of these transactions.

    We do not warrant that the information we provide or that is provided by wallet or blockchain providers is accurate, reliable, or correct; that the Services will meet your requirements; that the Services will be available at any time or location; that the Services will function in an uninterrupted manner or be secure; that any defects or errors will be corrected; or that the services are free of viruses and other harmful components. Any subject matter downloaded or otherwise obtained through the Service is downloaded at your own risk – you are solely responsible for any damage to your property or loss of data that results from such download. We make no representations or warranties about the time required to complete the processing of a transaction.

  • Your use of or inability to use Service(s).
  • Your failure to secure your device(s) and your account information.
  • Any modification, price change, suspension, or discontinuance of the Service(s).
  • Damage to your device(s) while using the Service(s).
  • Actions taken by ABD in response to violations of the Terms of Service, Privacy Policy, License Agreement and ABD’s other policies, as amended from time to time.
  • The technical operating and transmission features of the Service(s), including without limitation the transfer of unencrypted content over various networks.
  • Each exclusion and limitation of our liability stated herein applies to all forms of damages or losses, whether direct, indirect, incidental, special, consequential, or exemplary, and including but not limited to, damages for loss of profits, goodwill, reputation, use, cost of procuring substitute goods or services, personal injury, diminution of value or any other intangible losses (even if ABD has been advised of the possibility of such damages).

    You acknowledge and agree that we have relied on the representations, warranties, disclaimers, and limitations of liability in this agreement (which reflect a reasonable and fair allocation of risk between the parties and form an essential part of the bargain) in entering this Agreement and allowing you to access the Site. We would be unable to provide the Site without these provisions.

    11. Indemnification

    12. External Links

    13. Force Majeure

    14. Adults Only

    15. Privacy Policy

    16. Disputes and Arbitration Procedures

    As an alternative, you may file a claim in small claims court, if your claims qualify and so long as the matter remains in such court and advances only on an individual (non-class, non- representative) basis.

    YOU AND ABD MAY BRING CLAIMS AGAINST THE OTHER ONLY ON AN INDIVIDUAL BASIS AND NOT IN A CLASS ACTION OR OTHER REPRESENTATIVE STATUS. THE ARBITRATOR MAY NOT CONSOLIDATE OR JOIN MORE THAN ONE PERSON'S OR PARTY'S CLAIMS OR PRESIDE OVER ANY CONSOLIDATED, REPRESENTATIVE, OR CLASS PROCEEDING. THE ARBITRATOR MAY AWARD RELIEF ONLY TO THE INDIVIDUAL PARTY SEEKING RELIEF FOR THAT PARTY’S INDIVIDUAL CLAIMS. YOU EXPRESSLY WAIVE ANY RIGHT TO A JURY TRIAL.

    The arbitration will be conducted by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules as modified by this Agreement. The AAA's rules are available at www.adr.org.

    If you and ABD are unable to resolve the claims in the Notice within 30 days after the Notice is sent, either party may initiate arbitration proceedings. A form for initiating arbitration proceedings is available at www.adr.org. In addition to filing this form with the AAA in accordance with its rules and procedures, the party initiating the arbitration must mail a copy of the completed form to the opposing party. You may send a copy to ABD at the following address: 65 West Easy Street #102, Simi Valley, CA 93065. If ABD initiates an arbitration it will send a copy of the completed form to the email address on file for your ABD account. Payment of all filing, administration and arbitrator fees will be governed by the AAA's rules. Settlement offers shall not be disclosed to the arbitrator.

    The arbitrator will decide all claims consistent with applicable law and will honor privileges recognized by law. The arbitrator shall not be bound by rulings in prior arbitrations involving other users. The arbitrator's award shall be final and binding; judgment on the award may be entered in any court having jurisdiction thereof.

    YOU CAN REJECT THE ARBITRATION REQUIREMENT HEREIN BY MAILING ABD A WRITTEN NOTICE POSTMARKED NO LATER THAN 30 DAYS AFTER THE DATE YOU OPEN YOUR ACCOUNT FOR THE FIRST TIME.

    17. General Terms

    You agree that regardless of any statute or law to the contrary, any claim or cause of action arising out of or related to use of the Site, this Agreement, or the Privacy Policy must be filed within one (1) year after such claim or cause of action arose or be forever barred.