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Product Ownership

Ownership of the Product will be transferred to the Purchaser upon registration of the transaction on the blockchain.

Only ownership of the non-fungible token, which is an intangible asset, will be transferred to the Buyer. The acquisition of a Product does not give the Purchaser any ownership rights whatsoever, including intellectual property rights, to the object or graphic work to which the Product is attached. The risk regarding ownership of the Product shall pass to Purchaser upon taking possession of the Product.

An intellectual property right for the object or graphic work in the form of a license may be offered depending on the collection. In this case, PHYSITAL will stipulate the type of license associated with the product on the checkout page.

PHYSITAL guarantees the Purchaser that the NFT does not infringe upon the property rights of third parties on the object or graphic work to which it is attached, nor upon property rights of an intellectual nature, nor upon rights concerning personality attributes, whether these are the rights of the creators of the object or graphic work, or of third parties.

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Last updated 2 years ago