Digital Film Purchase Terms (Web3)

These Terms of Service ("Terms") govern the purchase, use, and distribution of the digital film ("Film") available through the Web3 platform. By purchasing the Film, you agree to comply with these Terms.

1. Digital Film Purchase

• License Grant: Upon purchasing the Film, you receive a non-exclusive, non-transferable license to view the Film. This license is tied to a unique blockchain address (your wallet address) and cannot be transferred or resold without proper transaction via the platform's smart contract.
• NFT Token: When you purchase the Film, you will receive a unique NFT ("Film Token") that represents ownership of the digital copy. The Film Token is stored on the blockchain and serves as proof of your purchase.
• Purchase Process: To purchase the Film, you must connect a Web3 wallet compatible with the platform (e.g., MetaMask) and use cryptocurrency (e.g., ETH) for the transaction. Once the transaction is confirmed, the Film Token will be transferred to your wallet.

2. Blockchain and Smart Contracts

• Smart Contracts: The purchase of the Film is governed by a smart contract that automatically executes and records the transaction on the blockchain. By purchasing the Film, you agree to the terms encoded within the smart contract.
• Transaction Fees: Transactions may incur blockchain network fees (gas fees), which are separate from the Film purchase price and are your responsibility.

3. Ownership and Usage

• Film Ownership: Ownership of the NFT token does not grant ownership of the underlying intellectual property rights of the Film. You do not have the right to reproduce, distribute, or modify the Film without explicit permission from the copyright holder.
• Viewing Rights: You have the right to view the Film for personal, non-commercial purposes. Streaming, downloading, or sharing the Film outside of personal use is prohibited unless expressly authorized by the Film's copyright holder.
• Transferability: You can transfer your Film Token to another wallet or user via a blockchain transaction. The recipient will obtain the same license to view the Film as you held. However, they will not acquire additional rights to the intellectual property of the Film.

4. Resale and Secondary Market

• Secondary Sales: The Film Token can be sold or traded on secondary markets that support NFT transactions. The resale price is determined by the buyer and seller. The platform may charge a fee for facilitating such transactions.
• Royalties: The original creator may receive royalties on secondary sales, as defined in the smart contract. These royalties are automatically paid via blockchain when the Film Token is resold.

5. Restrictions

• No Unauthorized Copying: You may not make unauthorized copies of the Film or its metadata, nor may you upload it to other platforms without permission.
• No Commercial Use: You may not use the Film for commercial purposes, including but not limited to public screenings, broadcasting, or selling.

6. Dispute Resolution and Legal Matters

• Dispute Resolution: Any disputes arising out of the purchase, use, or resale of the Film will be governed by the platform's dispute resolution mechanisms, which may include arbitration or mediation through a decentralized autonomous organization (DAO), if applicable.
• Applicable Law: These Terms are governed by the laws of California and any disputes will be resolved in the appropriate courts of that jurisdiction unless otherwise agreed in writing.

7. Termination

• Termination of Access: The Film Token may be revoked or disabled if the purchaser engages in activities that violate these Terms or the applicable laws.
• Infringement of Rights: If there is evidence of intellectual property infringement or other unlawful activities related to the Film, the Film Token may be disabled or withdrawn without refund.

8. Changes to Terms

We may update or modify these Terms from time to time. Any updates will be posted on the platform, and your continued use of the Film constitutes acceptance of the new terms.

9. Contact Information

For any questions regarding these Terms or the Film purchase process, you can contact us via support@decentralized.pictures