Commemorative NFT minting terms
20 June 2025
10 YEARS OF ETHEREUM TORCH MINTING TERMS & CONDITIONS
PLEASE READ THESE TERMS & CONDITIONS BEFORE MINTING THE 10 YEARS OF ETHEREUM TORCH
These terms and conditions constitute a binding agreement (the “Agreement”) between you (“You”) and the Ethereum Foundation, a Swiss foundation registered in Zug, Switzerland (the “EF”), governing Your minting and use of the non-fungible token known as the 10 Years of Ethereum Torch (the “NFT”). By initiating the minting transaction, You acknowledge that You have read, understood, and agree to be bound by this Agreement. If You do not agree, do not proceed with minting.
1. Nature of the NFT
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Commemorative Purpose. The NFT is issued solely to commemorate the ten-year anniversary of the Ethereum Genesis Block. It confers no ownership interest, financial right, expectation of profit, reward, dividend, governance right, utility, or any other right of any kind.
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No Consideration. The NFT is minted without charge; You are responsible only for the network transaction gas fees required to execute the minting transaction. EF receives no payment, royalty, or other consideration from Your mint.
2. Intellectual property
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CC BY 4.0 Licence. The artwork embodied in or associated with the NFT is licensed to the public under the Creative Commons CC BY 4.0 International Licence.
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No Ownership Rights Conferred. Minting, holding, or transferring the NFT does not transfer or confer any ownership right, title, or interest in or to the artwork or any other intellectual property of EF.
3. Representations and warranties
You represent, warrant, and covenant that:
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You are at least eighteen (18) years old and have legal capacity to enter into this Agreement;
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You are not: (i) the subject of any economic or trade sanctions imposed or administered by Switzerland, the United States (including the OFAC SDN List), the European Union, the United Kingdom, the United Nations, or any other similar regime; and/or (ii) located, organised, or resident in a comprehensively sanctioned jurisdiction (currently North Korea Crimea, Iran, Syria, Cuba, Donetsk, or Luhansk);
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You are minting the NFT solely for commemorative and personal purposes and not as an investment or with an expectation of profit; and
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You are not acting on behalf of, or for the benefit of, any person or entity that fails to satisfy the foregoing.
4. Disclaimers
THE NFT AND ANY RELATED MATERIALS ARE PROVIDED “AS IS” AND “AS AVAILABLE”, WITHOUT WARRANTIES OF ANY KIND, WHETHER EXPRESS, IMPLIED, OR STATUTORY, INCLUDING WARRANTIES OF TITLE, NON-INFRINGEMENT, MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, OR QUIET ENJOYMENT. EF DOES NOT WARRANT THAT THE NFT OR THE MINTING PROCESS WILL BE ERROR-FREE OR UNINTERRUPTED.
5. Limitation of liability
To the maximum extent permitted by applicable law, EF, its directors, officers, employees, contractors, and agents shall not be liable to You for any indirect, incidental, consequential, special, exemplary, or punitive damages, or for any loss of profits, data, or goodwill, arising out of or related to the NFT or this Agreement, whether based in contract, tort, strict liability, or otherwise. EF’s aggregate liability to You for any direct damages shall not exceed one USD.
6. Termination
EF may terminate this Agreement at any time. EF reserves the right to suspend or terminate minting, or to take reasonable remedial action (including nullification of the NFT) where required by law or regulation.
7. Governing law and jurisdiction
Any dispute, controversy, or claim arising out of or relating to this Agreement, including the validity, invalidity, breach, or termination thereof, shall be resolved by arbitration in accordance with the Swiss Rules of International Arbitration of the Swiss Chambers’ Arbitration Institution in force on the date on which the Notice of Arbitration is submitted in accordance with these Rules. The number of arbitrators shall be one. The seat of the arbitration shall be Zurich unless the parties agree on a different seat. The arbitral proceedings shall be conducted in English.
8. Miscellaneous
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Entire Agreement. This Agreement constitutes the entire agreement between You and EF with respect to the NFT and supersede all prior understandings.
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Severability. If any provision is held invalid or unenforceable, the remaining provisions shall remain in full force and effect.
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No Waiver. Failure or delay by EF to exercise any right shall not operate as a waiver thereof.
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Assignment. You may not assign or transfer Your rights or obligations under this Agreement without EF’s prior written consent.
Page last update: 23 de julho de 2025