Terms & Conditions

The Lost Ancients are a generative art Non-Fungible Token (NFT) project that exists on the Ethereum blockchain. This project is product of a collaboration between friends and family members, passionate in art, the blockchain, and the direction society is headed. This is a quick disclaimer that you are entirely responsible for your purchase of The Lost Ancients collection as well as handling the NFT after purchasing. By using our website, you agree to follow the terms and conditions of our website and project, as well as accept full responsibility of handling any and all transactions, interactions, and other activities relating to The Lost Ancients.

I. Ownership Terms

1) Upon purchasing a Lost Ancients NFT, the subsequent art piece given to you is under your ownership. Each Lost Ancient is an NFT residing on the Ethereum blockchain. The ownership of your Lost Ancient is completely facilitated by the Smart Contract and the Ethereum Network. There will be no point in time where we may alter, seize, or modify the ownership of an Lost Ancient.

2) Personal Use. In regards to personal use of any Lost Ancients NFT, we grant the holder of any respective Lost Ancient a royalty-free, worldwide license to copy, use and display the respective purchased NFT, along with any derivatives or extensions that you decide to use or create for the following purposes: (I) For your own personal, non-commercial use; (II) As part of a marketplace that permits the purchase and sale of your Lost Ancient / NFT, if the marketplace cryptographically verifies each Lost Ancient's ownership rights to display the Art of their Lost Ancient to insure only the correct entitled owner can do so. (III) As well as part of a third-party website or application that permits the inclusion, involvement, or participation of your NFT while cryptographically verifying the owner rights of each NFT to ensure only the rightful owner can display the Art / Lost Ancient.

3) Commercial Use. Subject to your continued upholding of these terms, we grant you unlimited worldwide license to use, copy, and display the purchase Art for the purpose of creating derivative works based upon the Art. We grant you the right to earn revenue from the use, sale, or display of a Lost Ancient, provided that the marketplace used to facilitate this transaction, cryptographically verifies the ownership rights and verifies the correct and entitled owner of a respective NFT / Lost Ancient is the only individual or entity that can initiate and complete this transaction.

II. Purchasing Terms

All financial transactions conducted through TheLostAncients.com website will be facilitated solely through the Ethereum network. We do not own, control, or influence the Ethereum network or have the ability to reverse any transactions sent through this network. Before purchasing or interacting with our website, it is important to note that the Ethereum Network functions in such a way that every transaction done on the Ethereum Network is subject to something known as a "Gas Fee". We do not control or set the price of this fee. Every transaction will have a gas fee associated with it.