Terms of Use

These Terms of Use were last updated on October 4, 2023.

This document governs the use of the Edu3Labs NFE Marketplace platform and services. By connecting your wallet to Edu3Labs NFE Marketplace and starting to use our services, you acknowledge that you have read, understood, and accepted the Terms of Use. Throughout the text, the Terms of Use are referred to as "terms," Edu3Labs Technology and Anonymous Company are referred to as "we" or "the company," and NFE Marketplace is referred to as "the platform."

We reserve the right to modify the content of the company's or any platform's Terms of Use to reflect security, legal compliance, regulatory requirements, or updates or changes to functionality or services provided by the platform. It is recommended to review these terms regularly. Users of the platform and services will be subject to any changes made to these terms, and updated terms will become effective immediately after being published on the relevant platform.

PLEASE READ THESE TERMS OF USE CAREFULLY AS THEY CONTAIN IMPORTANT INFORMATION AND AFFECT YOUR LEGAL RIGHTS. BY ACCEPTING, SIGNING, AND/OR USING OUR SERVICES, YOU ACCEPT THESE TERMS AND ALL THE TERMS REFERENCED HERE. IF YOU DO NOT ACCEPT THESE TERMS, YOU SHOULD NOT ACCESS OR USE THE SERVICES.

The mission of Edu3Labs NFE Marketplace is to make learning accessible and enjoyable for everyone. Edu3Labs NFE Marketplace is a next-generation online education platform empowered by NFT and blockchain technology, bringing together content creators (educators, authors, academics, professional experts, etc.) and students seeking education. Unlike other Web2-based applications, Edu3Labs NFE Marketplace enables access to books, academic publications, articles, lecture notes, audiobooks, and much more, all available as NFTs.

Accounts

To engage in various activities on our platform, including content purchasing and accessing or submitting content for publication, you must have an account and to create and maintain your account, you must have a valid MetaMask wallet address. You are responsible for any damage or harm caused by someone using your wallet without your permission, whether to us or someone else. Therefore, you should be cautious about your password. You cannot transfer your account to someone else or use someone else's account. If you request access to an account, we will not provide access to you if you cannot provide the information necessary to prove that the account belongs to you. In the event of a user's death, their account will be transferred to a designated sub-account.

You should never share the secret phrases of your wallet with anyone. You are solely responsible for everything that happens with your account, and Edu3Labs does not interfere with these situations. If you suspect that someone is using your wallet without your permission (or any other security breach), you must immediately notify Edu3Labs Support by providing the information we may require to verify that the account belongs to you.

Content Upload

Content creators must complete KYC verification to create content on the platform. Otherwise, they will not have the right to upload content. Content creators can list their created content in specific quantities, at any time, and in any quantity. Content creators are responsible for the copyright of their content. They should not upload content they do not own, and if they do, they should be aware of potential copyright disputes. Content listing prices are determined by the content creator or the user listing it for sale at that moment.

Content Rights and Rules

Content creators own the copyrights to the content they upload and link their content to their identity through KYC verification. Even if the content is resold in the secondary market, the copyright of the content remains with the original creator. Owning a piece of content in your wallet gives you full ownership rights, but these ownership rights should not be confused with copyright.

To protect content creators and users, the platform enforces a policy on prohibited topics. Not all content that is uploaded will be published on the platform due to these restrictions. While creating content, care should be taken to avoid prohibited topics defined by the platform. Inappropriate content will be rejected and reported by the platform. Edu3Labs reserves the right to restrict content creators who consciously and consistently produce prohibited content.

Content Buy & Sell

Once you connect your wallet to our platform, you can engage in content transactions. You can purchase and watch content listed by content creators and, if you wish, list it for sale in our secondary market. Listing content in the secondary market implies forfeiting the certification of education.

Payments & Refunds

By using our services, you agree to pay the fees for the content you purchase. The transaction fee you need to pay for the network is also included in the notification you receive from your MetaMask wallet, and if you agree to pay the current transaction fee, you can complete the content purchase process by confirming the transaction.

The payment is automatically processed through smart contracts and is traceable transparently on the blockchain network. The platform does not hold the content creator's money but rather enforces the rights specified in the contract. When a content creator sells content, the payment is immediately visible in the MetaMask wallet.

If you encounter any issues with the content you purchase (such as not being able to access the content), please contact the platform through [email protected]. The platform will resolve the situation quickly using the most appropriate method that does not disadvantage the user.

Reference System

The platform includes a reference system model that will be applied exclusively to initial participants. This model will be introduced as a second phase on the platform. Through the reference model, as a content creator, you earn a commission from the sales of another content creator you invite to the platform. There is no change in the commission of the content creator making the sale; the platform shares its portion with you. This system provides an opportunity to earn passive income for a lifetime.

User Behavior

By using the platform, you agree that you will not violate any law, contract, or intellectual property and that you are solely responsible for your behaviour and content related to your use of the platform. You also agree that you will not:

  • Use another user's account without their permission,
  • Make a transaction on the platform as if you were another person or organization entirely, wholly or partially owned or controlled by another individual,
  • Distribute spam, including sending unwanted NFTs to other users.
  • Attempt to distribute software that could damage or disrupt the platform in any way or attempt to disable, overload, or impair the operation of the platform in any way,
  • Attempt to bypass any speed-limiting system, route traffic through multiple IP addresses, hide the source of the traffic you send to the platform in any other way, or bypass or disregard the instructions that control access to the platform,
  • Use the platform for any commercial purpose not compliant with these Terms of Use or other instructions,
  • Use the platform for any illegal financial activities, money laundering, financing terrorism, or in connection with violations of any applicable law or regulation, whether related to you or the platform.
  • Use the service for price manipulation, fraud, or other deceptive, misleading, or manipulative activities,
  • Use the platform for illegal activities or with a wallet used for illegal activities, whether directly or indirectly,
  • Use the platform in any way that could adversely affect or interfere with other users' full use of the platform.

Use at Your Own Risk

The platform is accessible to any creator and other users who have passed KYC verification to create and publish content. We enable creators and users to interact for learning and teaching purposes. As with any other platform where people can share content and interact, there may be some glitches. Use of the Edu3Labs NFE Marketplace is at your own risk.

According to our platform model, we only review content in terms of prohibited topics; we do not review or regulate its legal aspects. Moreover, we are not in a position to determine the legal compliance of the content. We do not make any editorial edits to the content presented on the platform, so we do not provide any guarantee that the content is reliable, valid, accurate, or true in any way. The risk of trusting the information provided by educators when accessing content lies with you. This applies to all types of content, including health, fitness, and physical exercise. Due to the inherently challenging nature of such content, you accept the risks and dangers associated with it, including but not limited to illness, physical injury, disability, or death, by accessing this type of content and voluntarily choosing to bear these risks. You are solely responsible for the choices you make before accessing content while accessing content, and after accessing content.

You should be cautious about the types of personal information you share when interacting directly with a content creator or user. For your safety, you should not share your hot wallet secret phrases or other personal information about yourself. We do not hire or employ content creators, and we are not responsible for any interaction between content creators and users. We are not responsible for any dispute, claim, loss, injury, or damage arising from the behaviour of content creators or users or related to them.

When you use our services, you will find links to other websites that we do not own or control. This includes third-party websites that may collect information about you. We are not responsible for the content or other aspects of these third-party sites. You should also read the Privacy Policy document.

Risk Assumption

You acknowledge and agree to the following:

  • The value of an NFT is subjective. NFT prices are subject to volatility as they are traded with any cryptocurrency, and fluctuations in cryptocurrency prices can materially and adversely affect NFT prices. You understand and accept this subjectivity and volatility and acknowledge that your gains may not remain constant.
  • Regardless of whether a successful transaction occurs, you are responsible for all fees associated with using the service, including actions you take on the blockchain. You understand that these fees are final and irreversible.
  • Regulatory regimes governing blockchain technologies, non-fungible tokens, cryptocurrencies, and other crypto-based assets are uncertain, and new regulations or policies may materially and adversely affect the development of the service and the use of NFTs.
  • It is your sole responsibility to determine which taxes apply to your transactions and to withhold, collect, report, and remit the correct amount of taxes to the relevant tax authorities. Edu3Labs NFE Marketplace is not responsible for determining, withholding, collecting, reporting, or remitting taxes applicable to your NFTs or the sale/purchase of your NFTs.
  • Risks are associated with purchasing items related to content created by third parties through peer-to-peer transactions, including but not limited to counterfeit items, mislabeled items, items vulnerable to metadata corruption, and items in smart contracts.
  • You represent and warrant that you have conducted sufficient research before deciding to buy, acquire, transfer, or otherwise interact with any NFT.
  • We do not control public blockchains that you interact with, and we do not control specific smart contracts and protocols that may be an integral part of your ability to complete transactions on these public blockchains. Additionally, blockchain transactions are irreversible, and the platform cannot reverse any transaction on the blockchain.
  • Risks associated with the use of Internet and blockchain-based products include but are not limited to, hardware, software, and Internet connection-related risks, the risk of malicious software, and the risk of third parties gaining unauthorized access to your information.
  • You acknowledge and declare that while using the service, you will not hold the platform responsible for any communication failures, interruptions, errors, corruption, or delays, for any reason.
  • Edu3Labs NFE Marketplace reserves the right to hide or block the sale of your content if it determines that your content is inappropriate, if it finds copyright infringement, or for any other reason.

If you have a dispute with one or more users, you release us (and our affiliates, directors, suppliers, business partners, and representatives) from any claims, demands, and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes. Disputes between the parties are the responsibility of the parties, and the company is not responsible in this regard.

Edu3Labs NFE Marketplace Rights

You retain ownership of all content you transfer to our platform. You are granted permission to share your content with anyone through any media, including promoting it through the platform or other websites.

As a content creator, your published content continues to be your own. You grant permission for others to reuse and share your published content, but you do not lose any copyright you may have to your content. When you publish content or provide feedback on new features or improvements, you authorize the platform to use, share, distribute, and promote the content in any way we see fit, including making changes or edits as we deem appropriate.

Your content becomes the property of the individual who purchases it through NFT technology, and that individual has the right to list and sell your NFT content again through our platform. Edu3Labs NFE Marketplace reserves the right to place restrictions and regulations on these buy-sell transactions.

Indemnification

If you act in a way that could legally endanger us, we may bring a lawsuit against you. You agree to indemnify and defend Edu3Labs (and its affiliates, directors, suppliers, business partners, and representatives) from any third-party claims, demands, losses, liabilities, and expenses (including reasonable attorney's fees) arising from or related to your (a) content you publish or send, (b) use of the platform, (c) violation of these terms, or (d) any infringement of any third-party rights. Your indemnification obligation continues after the termination of these terms and your use of the platform.

Disclaimer of Liability Statement

The risks associated with your access to the platform and the use of the service are your sole responsibility. You understand and accept that the service is provided "as is" and "as available," and Edu3Labs explicitly disclaims all warranties or conditions of any kind, whether express or implied. The company does not guarantee that (a) the service will meet your requirements, (b) the service will be available without interruption or on time, and (c) the service will be accurate, reliable, complete, or secure. Edu3Labs NFE Marketplace will not be liable for any losses arising from actions taken relying on the service, including materials or information included in the service. While we make efforts to secure your use of the service and interaction with any NFT, we do not represent or warrant that the service is connected or related to any NFT in any way. We do not guarantee the security of any data disclosed online. No advice or information, whether oral or through the service, creates any warranty or representation not expressly stated herein.

Any losses, damages, or claims arising from, but not limited to, the following shall not be attributed to the company: (a) user errors, incorrectly configured transactions, or incorrect addresses; (b) server failures or data loss; (c) unauthorized access or usage; (d) the use of viruses, phishing, brute force, or other unauthorized third-party activities for the service or NFT.

NFTs are only available due to ownership records held on the associated blockchain (e.g., BNB network). Any transfer or sale occurs on the relevant blockchain. The platform is not responsible or liable for continuous loss or injury due to security vulnerabilities, abnormal behavior of the software (e.g., wallet, smart contract), blockchain, or other features of the NFT.

Limitation of Liability

For instance, there are inherent risks in using platform services, such as accessing health and healthy living content (e.g., yoga) that could result in injury. Legally and in more complex language, even if we have been previously informed about the potential for such damages, to the extent permitted by law, we (and our affiliates, suppliers, business partners, and representatives) shall not be liable for any indirect, incidental, punitive, or consequential damages of any kind (including data, income, profit, or loss of opportunity, or physical injury or death). We expressly disclaim all other warranties or representations, specifically related to quality, fitness for purpose, to you, your affiliates, or any other person, unless explicitly stated herein.

Dispute Resolution

Edu3Labs commits to making the highest effort to resolve disputes with users without the need to initiate a formal legal proceeding. If an issue arises between us, you and Edu3Labs must first attempt to reach each other communicate the issue in writing and find an amicable solution. If no resolution is reached, a third party may be necessary to help resolve the dispute. In such cases, the parties reserve the right to bring legal action against each other.

Force Majeure

The company shall not be liable for any damages resulting from any delay or failure to perform its obligations under these terms due to events beyond its reasonable control, including but not limited to fires, strikes, floods, epidemics, power outages, or failures. Such events beyond reasonable control may include, among others: natural disasters or actions of hostile states, actions by any government or government officials, market movements, shifts or fluctuations, computer, server, or internet failures, security breaches or cyberattacks, criminal actions, or failures or defaults caused by the use of various third parties that cannot be reasonably foreseen or prevented by other persons.

Our Relationship

You and we acknowledge that there is no joint venture, partnership, employment, contractor, or agency relationship between us.

Contact

The best way to contact us is through [email protected]. Please feel free to reach out to us with questions, concerns, and feedback about our services.

We are working hard to provide you with the highest quality and secure service. We are delighted to have you as part of our platform. Thank you!