Terms & Conditions

Last updated: 26 Oct 2023

1. Preamble

These terms and conditions apply to the initial sale of NFTs associated to selected art works in the Collections available on AItT Website , in addition to the specific conditions, as indicated in the applicable order form of said NFTs.

By using the Website, you confirm to have read and accepted these Terms & Conditions.

Please refer to AItT’ Privacy Policy for information about how AItT collects, uses and shares personal data.

2. Purchase of NFTs

2.1. NFT offre

AItT offers for sale a limited number of NFTs as shown in the OG Collections on the Website. Per individual Digital Artwork, the Website will display:

- how many NFTs are available for purchase
- the purchase price of each of these NFTs

2.2. Price and payment

The User will pay the price of the specific NFTs in the indicated legal tender or, whenever AItT allows, in Cryptocurrency or fiat (through metamask).

User can purchase NFTs using Cryptocurrency using a MetaMask extension.

2.3. Wallet

In order to purchase NFTs through the Website, the User needs to dispose of a Wallet from MetaMask or any other third party, as the case may be.

The User is solely and entirely responsible for maintaining the security of their Wallet, including without limitation the maintenance of a strong password, and accepts all risks of unauthorized access to their Wallet.

Following the purchase and transfer of an NFT, the User will be solely and entirely responsible for accurate storage of their NFT on a Wallet

2.4. Purchase of NFT

By selecting an NFT and proceeding to buy the NFT through the Website, the User agrees to purchase the selected NFT in return for the purchase price indicated in legal tender on the Website. An order confirmation may be provided by the provider of the Wallet used by the User.

The purchase of the selected NFT is concluded as soon as the User agrees to acquire the NFT in return for the purchase price.

Upon agreement, the payment of the set price in Cryptocurrency will immediately be executed and the selected NFT will be automatically and irreversibly transferred to the Wallet that the User will have communicated to AItT.

The property of the NFT will be transferred from AItT to the User upon receipt by AItT of the purchase price.

2.5. Cryptocurrencies

The value of digital assets relying on the blockchain technology, such as Cryptocurrencies, is extremely volatile. Fluctuations in the value of certain digital assets could materially and adversely affect other digital assets, including the Cryptocurrency that the User used or planned to use to purchase an NFT on the Website, which may also be subject to significant price volatility. AItT cannot be held liable for any losses incurred by Users as a result of the volatility of Cryptocurrencies.

There are risks associated with using an Internet based currency, including but not limited to, the risk of hardware, software and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to information stored within the User’s Wallet. The User accepts and acknowledges that AItT will not be responsible for any communication failures, disruptions, errors, distortions or delays the User may experience when using the crypto assets or related digital assets, however caused.

2.6. Accidental transfer

By the nature of the blockchain technology, transactions involving Cryptocurrencies, NFTs, or other digital assets, just as the sale and purchase of NFTs through the AItT Website, are technically irreversible.

If a User deposits or causes digital assets or NFTs to be deposited into a Wallet with an incorrect address or provides to AItT inaccurate Wallet information, AItT may not have the ability, and is under no obligation or duty, to return such digital assets or NFTs to the User. AItT will not be liable for any losses incurred by the User as a result of the provision of an incorrect Wallet address or inaccurate Wallet information.

2.7. No right of withdrawal

Given the digital nature of the NFTs and the irreversible nature of transactions executed on the blockchain through the Website, the User is not entitled to exercise their right of withdrawal as provided by Directive 2011/83/EU of 25 October 2011 on consumer rights and under the national legal provisions implementing such directive, as amended, and in particular Books VI and XII of the Belgian code of economic law.

By purchasing an NFT through the Website, the User expressly waives their right of withdrawal.

3. AItT liability and warranties

3.1. No warranty of value on a secondary market

AItT cannot guarantee that the Buyer will be able to resell or trade in NFTs purchased on the Website on other websites or platforms or any other Third-Party Services. Therefore, AItT cannot guarantee that nor foresee whether a secondary market for the trade of NFTs purchased on the Website will exist at any time.

The User acknowledges and accepts that the value of NFTs may be derived from the continued willingness of market participants to exchange fiat currency or digital assets for NFTs, which may result in the potential for permanent and total loss of value of a particular NFT should the market for that NFT disappear.

3.2. No warranty of continued service

To the fullest extent allowed by law, AItT does not represent or warrant that: (i) access to or use of the Website will be uninterrupted, timely, secure or error-free; (ii) usage data provided on the Website will always be accurate; (iii) the Website is free of malwares or other harmful components.

3.3. Other risks associated with the use of the blockchain technology and of NFTs

NFTs are intangible digital assets. They exist only by virtue of the ownership record maintained in the Ethereum network. Any transfer of title that might occur in any unique digital asset occurs on the decentralized ledger within the Ethereum platform. We do not guarantee that AItT can affect the transfer of title or right in any digital asset, including NFTs.

Legislative and regulatory changes or actions at the local or international level may adversely affect the use, transfer, exchange, and value of NFTs and may materially adversely affect the development or provision of the services by AItT and the utility of NFTs.

In addition, there are risks associated with using any Cryptocurrency, including but not limited to, the risk of hardware, software and Internet connections, the risk of malicious software introduction and other cybersecurity risks, including the risk that third parties may obtain unauthorized access to information stored within the User’s Wallet. The User acknowledges and accepts that AItT will not be responsible for any communication failures, disruptions, errors, distortions or delays the User may experience when using the Website, the Wallet, NFTs, Cryptocurrencies, Third-Party Services and any other digital assets, however caused.