Buyer’s Acknowledgements and Representations for NFTs
(a) You acknowledge that the NFT is being sold “as is” and neither we nor the seller provide any
guarantee in relation to the NFT other than what is expressly set forth herein.
(b) You acknowledge that your purchase of the lot means you have full ownership rights in the NFT
itself, including the right to store, sell and transfer your NFT. Your purchase of the lot does not
provide any rights, express or implied, in (including, without limitation, any copyrights or other
intellectual property rights in and to) the digital asset underlying the NFT other than the right to
use, copy, and display the digital asset for your own personal, non-commercial use or in
connection with a proposed sale or transfer of the NFT and any other right expressly contained in
these Conditions of Sale. For the avoidance of doubt, you do not have the right to distribute, or
otherwise commercialize the digital asset, or to represent or imply any sort of sponsorship,
endorsement, affiliation, or other relationship with the seller and/or the creator of the digital asset
without the prior authorization of the seller or the party(ies) that holds such rights. Your rights
and interest in the digital asset or NFT provided by these Conditions of Sale will immediately
terminate upon any subsequent sale, transfer, dispossession, burning, or other relinquishment of
the NFT.
(c) You understand and accept that NFTs are minted by third parties unaffiliated with Christie’s,
and not by Christie’sitself or on Christie’s behalf.
(d) You have conducted adequate due diligence on the smart contract for minting the NFT to confirm
the smart contract executes as it is intended to execute.
(e) You acknowledge and agree that there are risks associated with purchasing, holding, and using
NFTs. By purchasing, holding and using an NFT, you expressly acknowledge and assume all risks
including, but not limited to: seller or buyer user error such as forgotten passwords, mistyped
addresses or incorrectly constructed transactions, incorrectly programmed NFTs, mining attacks,
cybersecurity attacks, weaknesses in Christie’ssecurity, blockchain malfunctions or other technical
errors, telecommunications failure, malicious software, unfavourable regulatory determinations or
actionsin one or more jurisdictions (including with respect to NFTs or cryptocurrencies), taxation of
NFTs or cryptocurrencies, personal information disclosure, uninsured losses, unanticipated risks,
volatility risks, server failure or data loss, corrupted or otherwise inaccessible digital wallets,
unauthorised access to applications, inability to access or transfer the NFT, inability to access or
display the digital asset, risks arising from third-party providers, including third-party providers that may mint the NFT and/or store the digital asset, and any unauthorised third party activities,
including without limitation the introduction use of viruses or other malicious code, the use of
phishing, sybil attacks, 51% attacks, bruteforcing. changes to the protocol rules of the blockchain
(i.e., “forks”), or other means of attack that affect, in any way, the NFT or digital asset. If you have
any questions regarding these risks, please contact us at [email protected].
(f) You acknowledge that you have a sufficient understanding of the functionality, usage, storage,
transmission mechanisms and other material characteristics of, blockchain technology, NFTs,
digital assets, digital wallets, and cryptocurrencies to understand these Conditions of Sale and to
appreciate the risks and implications of purchasing NFTs. You acknowledge that you have obtained
sufficient information to make an informed decision to purchase an NFT, including reviewing the
code of the smart contract, the NFT metadata, and the NFT, as well as the storage system used for
the digital asset, and fully understand and accept the functions of the same. By making a payment
online with Ether or other cryptocurrency, you (i) warrant that you are the lawful holder of the Ether
or other cryptocurrency; and (ii) acknowledge that Christie’s has no liability for your payment not
reaching us, including, but not limited to, instances where payment through the blockchain is
unsuccessful. It is solely your responsibility to confirm with Christie’s and if applicable, your thirdparty wallet provider, that the payment has been accepted.
(g) You acknowledge that we do not guarantee that you will be able to receive, access or view the lot
and/or digital asset. We do not provide any application or other service to enable you to view
receive, access or view the lot and/or digital asset, and that it is your responsibility to procure a
digital wallet or other means to allow us or the seller to transfer the lot to you and for you to access
or view the digital asset upon such transfer.
(h) You acknowledge and represent that there is substantial uncertainty as to the characterization of
NFTs and other digital assets under applicable law. You acknowledge that your purchase of an NFT
complies with applicable laws and regulation in your jurisdiction
