IP Terms and Conditions
Read the rules to make sure you agree with everything
User – visitors or customers on our platform
Intellectual Property Rights – Our ownership of the project IP
Services – selling our dNFT, and future platform as a launchpad
Content – our digital data on the platform, app, dapp to our website data
User Content – content user supply on the site
Software – our app, dapp on the website
Underlying Systems – all systems that comprise and makeup our web, dapp, and app frontend and backend
Collectibles – dNFT, NFT, our IP (including future platforms for other dNFT and NFT projects offering their own collectibles)
Token – dNFT/NFT is a form of token, our platform token will be GXZ
Digital Property – dNFT, NFT
Market – We will be launching our own dNFT, NFT (including Digital Collectibles on our platform in the future)
Store – our website for selling dNFT and future tokens
Galactix Zone – The current first project and IP
Galactix Zone Licensors – Future partners
Price – dNFT Price, as set by users or the market
BNB/BSC – Currency to sell/Buy on our platform
Our Intellectual Property
You agree that all right, title, and interest (including all copyright, trademark, service marks, and other Intellectual Property Rights of any kind, whether registered or unregistered) in our Services (whether present or future), and all Content is the property of Intergalactic Social Media, LLC, is protected by the United States and international copyright and trademarks laws. Other than your User Content, we own all proprietary and Intellectual Property Rights in the Galactix Zone App, the Software, and the Underlying Systems, including all information, data, text, graphics, artwork, photographs, trademarks, logos, sound recordings, videos and look and feel, and including any modification, enhancement or derivative work of any of the foregoing.
• Modify any Content;
• use the Content to advertise or promote another product or service;
• commercialize the Content, such as by incorporating it into another product or service; or
• in any way attempt to obtain any intellectual property ownership rights in the Content.
“Galactix Zone” and “Galactixzone.io” are all registered trademarks of Intergalactic Social Media, LLC.
You acknowledge and agree that the Intellectual Property Rights in all Collectibles remain with Galactix Zone. When you buy rights to a Collectible using the Market or the Store:
You agree that you will not, nor permit any third party to:
a) modify the Digital Property in any way;
b) use the Digital Property to advertise, market, or sell any third-party product or service;
c) use the Digital Property in connection with images, videos, or other forms of media that depict hatred, intolerance, violence, cruelty, political matters, X-rated material, or anything else that could reasonably be found to constitute hate speech, infringe upon the rights of others, generally be considered untrue, defamatory, obscene, profane or indecent, or otherwise harm or be reasonably likely to harm Galactix Zone’s names, brands or reputation;
d) use the Digital Property in movies, videos, or any other forms of media, including without limitation the creation or minting of any new non-fungible tokens;
e) sell, distribute for commercial gain (including, without limitation, giving away in the hopes of eventual commercial gain), or otherwise commercialize merchandise that includes, contains, or consists of Digital Property;
f) attempt to trademark, copyright, or otherwise acquire any intellectual property rights in or to the Digital Property; or
g) otherwise utilize the Digital Property for your or any third party’s commercial benefit or personal gain (e.g., crowd-funding or similar activities).
This limited license applies only to the extent that you continue to own the Token.
You also agree to comply with all applicable laws in using, selling or transferring the Token and your use of the associated Digital Property.
If at any time you sell, swap, donate, give away, transfer, or otherwise dispose of your Token for any reason through any means, your rights under this limited license will immediately be revoked and expire with respect to the Digital Property associated with this Token without the requirement of notice, and you will have no further rights in or to such Digital Property.
Any violation of the terms of this limited license automatically voids the rights granted to you hereby.
You acknowledge and agree that as between you and Galactix Zone or the Galactix Zone Licensors, Galactix Zone or the Galactix Zone Licensors own or control all legal rights, title, and interest in and to the Digital Property and all Intellectual Property Rights therein. The rights that you have in and to the Digital Property are limited to those described in this limited license. Except as specifically provided in this limited license, you will have no rights in or to the Digital Property.
You also understand and agree that neither Galactix Zone nor any of the Galactix Zone Licensors are liable in case of any inability for you to access the Digital Property for any reason, including as a result of any downtime, failure, obsolescence, removal, termination or other disruption relating to the storage of or access to any Digital Property. Galactix Zone may use or implement technical measures with respect to the security of the Digital Property and you will not take any action to interfere with, circumvent, disable or otherwise obstruct any such security-related features or other digital rights management functions associated with the Digital Property or reverse engineer or take any other action that may affect the technology associated therewith.
For the avoidance of doubt, your ownership, possession, or control of a Token does not provide you any ownership, copyright, title, or similar interest in any Digital Property.
The Galactix Zone Licensor’s underlying rights in the Digital Property will be unaffected when you complete a transaction in the Market or Store via the Galactix Zone App or Website. Neither we nor the Galactix Zone Licensor offers to sell or license the Intellectual Property Rights in the Digital Property or associated Content. You must notify us immediately if you become aware of any actual or potential breaches of Intellectual Property Rights relating to your Account.
• must not modify any Collectible (including, to avoid doubt, the Token or the Digital Property associated with the Collectible);
• must not use any Collectible or associated Content to advertise, market, or sell a product or service, or as a basis for a securities product; agree not to remove, alter, or obscure any copyright, trademark, service mark, or other proprietary rights notices incorporated in or accompanying the Collectible.
You acknowledge that some Galactix Zone Licensors may in certain circumstances have the right to require that Digital Property containing such Galactix Zone Licensor’s Intellectual Property Rights be transferred to a different platform through which the relevant User will be able to continue to access and use the Digital Property. We may disclose the personal information of any impacted Users to any such Galactix Zone Licensor and any such Galactix Zone Licensor may contact impacted Users for the purpose of enabling the ongoing access and use of the Digital Property.
• the right to reproduce User Content by any means and in any form;
• the right to publicly or privately broadcast or make available the User Content (or any product incorporating the User Content), free of charge in all places by any means or process known or unknown at the present time, and in particular via the Internet, pay per view, pay per play, visual and audio, theatrical or television broadcasting, DVD or Blu-ray, and print;
• the right to use the User Content for demonstration, promotion, and advertising for all our Services; and
• the right to produce or order the production of any new product or service from the User Content or from any product incorporating or exploiting the User Content, either reproduced as it stands or modified by us or by any outside party of its choice.
To the extent that you create any User Content on our sites or our Services (for example by uploading a display picture, wall posts, or through interactions with other users), you grant us a non-exclusive, worldwide, transferable, royalty-free, irrevocable, and sublicensable license to exercise all Intellectual Property Rights you have in that User Content including host, use, distribute, modify, run, copy, publicly perform or display, translate and create derivative works of your User Content. To the fullest extent permitted under applicable law, you waive your right to enforce your Intellectual Property Rights in that User Content against us, our assignees, our sublicensees, and their assignees in connection with our, those assignees’, and those sublicensees’ use of that User Content in connection with our provision, expansion, and promotion of our Services.
When you access and use the Market, we act as an intermediary for Users of the Market to transact and are not a party to any agreement to buy or sell the Collectibles listed on the Market. When a User purchases rights to a Collectible and a User agrees to provide that Collectible, they are entering into an agreement directly with each other. We do not act as an agent for any User.
• are not liable or responsible for any guarantees or assurances made by the seller of any listing on the Galactix Zone App;
• have not made, and do not make any representation, guarantee or warranty that any Collectible will meet your requirements or expectations;
• are not liable or responsible for any increase or decrease in value of any Collectible. We have not made, and do not make, any promises (whether explicit, implied, or otherwise) as to the value of any Collectible, including whether the value of the Collectible will increase or decrease in the future. The price of collectible assets can be volatile and subjective, and we cannot guarantee that any Collectibles purchased will retain any value, which may depend on a number of inherently subjective factors beyond our control, including the desirability of a particular Collectible; and
• will not be responsible for the negligence or misconduct of other Users (including where another User has attempted to defraud you, doesn’t have the right to sell a Collectible to you, or fails to complete a transaction).
Where you list a Collectible for sale in the Market you accept that any sale of the Collectible will be final and that you will not be able to cancel the sale or retain ownership in the rights of the Collectible. You enter into a legally binding contract to purchase a Collectible when you commit to buy a Collectible at the Price, your offer for a Collectible is accepted by the seller for a Price or if you have the winning bid in an auction.
You must only place a bid on an auction if you intend to buy the Collectible at a Price. You cannot revoke a bid once it is placed.
Where a Collectible is sold by auction and you place the winning bid, you will be obliged to complete the purchase of the Collectible at the Price and you will not be able to cancel your offer or negotiate a different Price once your bid has been lodged.
You agree not to engage in any “shill bidding” (i.e. placing, or organizing someone to place, fake bids to manipulate price, desirability, or the search position of your listing).
Where we reasonably believe that you have engaged in shill bidding or you have placed inflated bids that disrupt an auction or you have placed the winning bid in an auction and do not complete the purchase, we may restrict your access to the Market (or in the case of serious or multiple offenses, also in relation to other Services (at our sole discretion)).
Prices specified on the Market are set by the User offering the Collectible for sale. Prices are in BNB/BSC. We do not make any warranty or representation that Prices set by Users of the Market are reasonable or reflect the value of a Collectible. We will not provide any refunds or reimbursement for any reason.