NFT Purchase Terms and Conditions

1. Overview

These terms and conditions govern the purchase of Non-Fungible Tokens (NFTs) through the Coinsamba platform. By purchasing any NFT through our marketplace, you agree to comply with these terms.

Important Disclaimers

• All NFTs available for purchase on the Coinsamba platform are created by independent users and are not the responsibility of Coinsamba.
• Coinsamba charges a 1% fee on each NFT sale to cover platform usage costs.
• NFT content may include sensitive, inappropriate, or adult material not suitable for all audiences.
• All sales are final and non-refundable once the blockchain transaction is confirmed.

2. Buyer Responsibilities

As a buyer, you are responsible for:

• Verifying the legality of NFTs in your jurisdiction before purchase
• Understanding that you will not proceed with purchases if NFTs are illegal in your area
• Ensuring you have sufficient funds in your wallet for the purchase and gas fees
• Conducting your own research on the NFT collection and creator
• Understanding the risks associated with blockchain transactions

3. Platform Fees

Fee Structure

Coinsamba charges a 1% platform fee on all NFT sales. This fee is automatically deducted from the sale price and covers:

• Platform maintenance and development
• Security and fraud prevention
• Customer support services
• Infrastructure costs

4. Transaction Terms

All NFT purchases are processed through blockchain smart contracts. Key transaction terms include:

• Finality: All transactions are final once confirmed on the blockchain
• Gas Fees: Buyers are responsible for all network gas fees
• Transfer Time: NFT ownership transfers immediately upon transaction confirmation
• Wallet Requirements: A compatible Web3 wallet is required for all purchases

5. Content Responsibility

Coinsamba does not create, moderate, or control NFT content. All NFT collections are created by independent users. Buyers should be aware that:

• Content may be inappropriate, offensive, or unsuitable for some audiences
• Coinsamba is not responsible for copyright infringement or intellectual property violations
• Users should report inappropriate content through official channels
• Content removal is not guaranteed and may not be technically possible

6. Legal Compliance

Buyers must ensure their NFT purchases comply with all applicable laws in their jurisdiction. This includes but is not limited to:

• Anti-money laundering (AML) regulations
• Know Your Customer (KYC) requirements where applicable
• Tax obligations related to digital asset purchases
• Import/export restrictions on digital goods
• Local regulations regarding cryptocurrency and digital assets

7. Risk Acknowledgment

By purchasing NFTs through Coinsamba, you acknowledge and accept the following risks:

• NFT values can be highly volatile and may decrease significantly
• There is no guarantee of future value or marketability
• Smart contract vulnerabilities may exist
• Blockchain networks may experience congestion or downtime
• Regulatory changes may affect NFT ownership or trading

8. Limitation of Liability

Coinsamba's liability is limited to the maximum extent permitted by law. We are not liable for:

• Financial losses related to NFT value fluctuations
• Technical issues with blockchain networks
• Disputes between buyers and NFT creators
• Content-related issues or intellectual property violations
• Loss of access to wallets or private keys

9. Dispute Resolution

In case of disputes related to NFT purchases, the following process applies:

• Contact Coinsamba support through official channels
• Provide detailed information about the transaction and issue
• Allow reasonable time for investigation and response
• Understand that blockchain transactions cannot be reversed

10. Contact Information

For questions about these terms or issues related to NFT purchases, please contact us through our official support channels. We aim to respond to all inquiries within 48 hours.