Use of the Drop Technologies Inc. NFT enables you to access, view and experience non-fungible tokens (“NFTs”). Before using the NFT, carefully read this Terms of Use (“Agreement”), which is a legal agreement between you and Drop (“Drop”, “we”, “us”, or “our”), and sets forth the terms and conditions under which you agree to use and we agree to provide the NFT. By using the NFT, you accept this Agreement, which may be modified by us from time to time. If you do not agree to this Agreement, then do not use the NFTs utility. The #SummerofDrop22 NFT has no cash value. Buying, selling, and trading cryptocurrency involves risks. You should consult a qualified, licensed advisor before engaging in any transaction. Past performance is no guarantee of future results
NFT Utility Terms:
- The benefits and utilities of the #SummerofDrop22 NFT begin on June 21, 2022 and conclude on September 22, 2022 “the utility period”;
- The benefits and utilities of the #SummerofDrop22 NFT include:
- 10% back on travel and entertainment purchased made at a list of preselected merchants on a debit or credit card that is linked to your Drop account;
- $1,000 spending cash towards initiatives that help users make Summer memories that is to be redeemed via the Drop SummerofDrop22 concierge at <dropsummerconcierge@joindrop.com>
- Choice of one of two in-app collectibles, choose from either a Shopping or Gaming collectible;
- Access to exclusive events and giveaways
- NFT owners must remain Drop card-linked members for the duration of the utility period in order to receive any and all benefits tied to #SummerofDrop22 NFT ownership;
- Any and all utility and benefit tied to the #SummerofDrop NFT expires on September 22, 2022. Any unused benefits or utilities will be forfeited if not used by September 22, 2022;
- NFT owners can receive 10% back on Travel & Entertainment expenses made at predetermined merchants, the full list can be found here. There is a lifetime cash back limit of 750,000 Drop Points
- $1,000 memory bank to be used towards Summer 2022 initiatives and to be activated via the Summer of Drop concierge at <dropsummerconcierge@joindrop.com>, Drop has the right to deny requests at their own and sole discretion;
- There is no set amount of giveaway or getaways that an NFT holder is entitled to
- You must be the active owner of the #DropofSummmer22 NFT in order to be eligible to receive its benefits and utilities. If a #SummerofDrop22 NFT is traded or sold during the utility period, it is both the seller and buyer’s responsibility to notify Drop of the change in owner by contacting, <dropsummerconcierge@joindrop.com> within 24 hours of the transaction being finalized. Drop cannot be held liable and will not be responsible for any disputes related to the selling, trading or transfer of the #SummerOfDrop22 NFT and its benefits.
Privacy. Accepting this Agreement means that you also agree to our Privacy Policy, available at https://www.earnwithdrop.com/privacy, which describes the information we collect, how that information may be used and shared and the choices you have about certain uses of information.
Ownership, Licenses, and Restrictions. NFTs and the content contained therein are the property of Drop Technologies Inc. or its licensors. NFTs and all content, materials, and software incorporated therein are protected by copyrights, patents, trademarks, trade secrets, and other intellectual property laws and proprietary rights. Your use of the NFT does not grant you ownership of or any other rights with respect to any content, code, data or other materials that you may access on or through the NFT. We reserve all rights that are not expressly granted to you in these Terms.
Source code for parts of the NFT may be available for use, modification, and distribution under certain open source licenses.
Branding. All trademarks, service marks, trade names, logos, domain names, and any other features of Drop Technologies Inc. brand are the property of Drop. Drop does not grant any branding rights to you, and you may not remove or alter any copyright, trademark, or other intellectual property notices pertaining to Drop.
Termination. We may limit, suspend, terminate or discontinue NFTs or any of its features, utilities, benefits or content, at any time, for any reason, without notice. Upon any such activity, whether by you or us, you may no longer have access to information accessible through NFTs or your account, and you acknowledge that we will have no obligation to maintain or forward any such information to you or to any third party. You agree that we will not be liable to you or to any third party for any such suspension, termination or discontinuation of Digital Collectibles including you not being able to access Digital Collectibles or other information accessible through the Digital Collectibles.
Disclaimer of Warranties. NFTs are provided ‘as is’, without warranties, express or implied, of any kind by either drop or its licensors. Drop and its licensors make no warranty, either express or implied, as to the accuracy, availability, completeness, usefulness, security, reliability, interoperability, or that NFTs will be uninterrupted, virus free, or compatible with your device or that it will meet your expectations at all.
Indemnification. You agree to indemnify, defend and hold Drop harmless from any claim, proceeding, loss, damage, liability or expense of any kind arising out of or in connection with the following: (a) your use or misuse of NFTs; (b) your alleged or actual breach of the Agreement; © your alleged or actual violation of applicable rules, laws or regulations; (d) your negligence or willful misconduct; or (e) your alleged or actual infringement of the intellectual property or other rights of third parties.
Export Compliance. NFTs may be subject to U.S. export control laws and regulations. You represent that you are not a citizen of an embargoed or sanctioned country nor are you a prohibited or restricted end user under applicable U.S. export laws, regulations and lists.
