These are the terms that 11:FS Foundry Limited(company number 11418349) and 11:FS Group Limited (company number 10103078) (together “11:FS”) contract with you the bidder and/or buyer (“you”, “your”) of an 11:Money NFT Collection package (each a “Package”) in the 11:FS Money Collection. By making a bid or a purchase in the 11:Money auction and sale (“11:Money Auction”) you agree to be bound by these terms. Please read them carefully.
11:FS is offering for sale:
1 Mint NFT Package (available by auction)
1 Silver NFT Package (available to purchase)
1 Bronze NFT Package (available to purchase)
Each Package will contain a Non-Fungible Token (“NFT”) representing a unique digital artwork (“Artwork”) and a number of additional items as described for each Package at https://11money-nft-campaign.webflow.io/ (“Extras”).
All NFTs, Artwork and Extras are sold ‘as-is’ and 11:FS makes no warranty or representation to you in respect of the NFTs, the Artwork or any of the Extras.
The Mint NFT Package is sold subject to auction and will be subject to a reserve of 1 Ether. 11:FS reserves the right to amend the reserve at any time. You acknowledge that the price of Ether can be volatile and can go up or down. The value of the Ether price to be paid for the Mint NFT Package will be fixed as at the date and time of the close of the 11:Money Auction. The Silver and Bronze Packages can be purchased for the prices displayed at https://11money-nft-campaign.webflow.io/. There is one of each Package available.
All proceeds of the 11:Money Auction will be paid to Corso Technologies, Inc. d/b/a Aerial (https://aerial.is/) to offset the carbon footprint of the 11:Money Auction.
You can participate in the11:Money Auction using the third party platform https://opensea.io/11FS. You will need to register for an OpenSea account and have an associated cryptowallet.
Your participation is subject to OpenSea’s terms of use, available at https://opensea.io/tos. The NFT’s will not be issued, minted or tokenized by 11:FS.
To be able to participate in the11:Money Auction, you must:
be at least 18 years
if you are acting on behalf of a company or anotherlegal entity, have authority to do so (and we will assume you do);
not live in a sanctioned country or be an individual subject to any sanctions:
not be a competitor of 11:FS (as determined by 11:FS in its absolute discretion).
The 11:Money Auction opens at 6pm on Monday 28th June 2021 and closes at 6pm on Wednesday 30th June 2021. No further bids or purchases will be accepted after this time.
All bids are final and cannot be amended, reduced or taken back. 11:FS isn’t responsible for any errors you make in bidding so please make sure your bid is accurate before you submit it.
Subject to these terms, at the close of the 11:Money Auction, the highest bid accepted for the Mint Package will be the successful bid and, if that is your bid, you will become the buyer of the Mint Package.
11:FS reserves the right to withdraw any Package from the 11:Money Auction at any time. 11:FS hopes that your participation in the 11:Money Auction runs smoothly but sometimes technical problems beyond our reasonable control can occur. 11:FS doesn’t accept any liability for any such difficulties or errors.
If you are a successful purchaser or bidder, the NFT will be transferred to you automatically via the OpenSea platform.
You agree to provide 11:FS with all the information and documentation11:FS reasonably requests in order to be able to provide you with the Extras.
Artwork
For the avoidance of doubt, 11:FS is not selling any trademarks, copyright or other intellectual property associated with the Artwork. 11:FS is only selling the ownership right to the NFT and grants you a limited, worldwide, non-assignable, non-sublicensable licence to display and utilise the Artwork.
You have the right to sell, trade, transfer or use the Artwork for any purposes (unless the purpose is illegal or is, in the opinion of 11:FS, detrimental to 11:FS, any member of its group, its employees or its business).
Extras
Extras are redeemable directly with 11:FS and must be claimed within 30 days of the end of the 11:Money Auction. Extras are non-transferable.
The venture time with David M. Brear and Ewan Silver may be held at 11:FS’ offices in London or remotely, at 11:FS’ sole discretion.
11:FS has final editorial control on any advert prepared for Fintech Insider and any advert must be for a business which, in the opinion of 11:FS, is aligned to the Fintech Insider audience and is not a competitor of 11:FS.
You must arrange and pay for your own travel and accommodation when attending the After Dark event.
11:FS reserves the right to amend the format of 11:FS Foundry beta access at any time
Please see our privacy policy for how 11:FS process, store and handle your data: https://11fs.com/privacy-policy.
So far as permitted by law, the maximum amount that 11:FS will be liable to you for, for any losses incurred by you in connection with the 11:Money Auction or the purchase of a Package, is equal to the amount of the purchase price paid by you.
The intellectual property (including copyright) in all images, videos, illustrations and materials produced by 11:FS in relation to the NFTs, the Artwork and the Extras is and will remain at all times the property of 11:FS.
11:FS reserves the right to amend these terms and any amendments will be published at https://11money-nft-campaign.webflow.io/.
Any tax or other charges payable by you as a result of participating in the 11:Money Auction will be your responsibility. You should seek professional advice prior to participating in the 11:Money Auction if this is a concern. If 11:FS is required to pay any taxes or charges as a result of selling a Package to you, you will, if requested by 11:FS in writing, reimburse 11:FS for an amount equal to the total of all such taxes and charges within 45 days of a written request.
If 11:FS reasonably believes you have breached these terms, 11:FS may (in 11:FS’ sole discretion), exclude you from the 11:Money Auction.
These Terms (including non-contractual provisions) are governed by and construed in accordance with the laws of England and Wales.