Terms & Conditions
TERMS AND CONDITIONS OF SALE AND PURCHASE
These Terms and Conditions of Sale and Purchase (“Terms”) govern the sale and purchase of items from Teamgbnft.com (the “Site”). Please read the terms in full before bidding for, or making any purchases, using our Site. If you do not agree to these Terms, please do not use our Site. We reserve the right to modify these Terms at any time without prior notice, and your use of the Site binds you to the changes made. We do occasionally update these terms so please refer to them in the future.
Terms of Fixed Price Sale and Auctions
You must be 18 years of age to bid in auctions or make purchases. You will be asked to confirm you are 18 years of age or older. If you make a purchase, you are warranting that you are over 18 years of age. We may require you to sign an additional click agreement to participate in an auction or retail sale. We may make changes to auctions or retail sales on the day of the initial auction bid or sale. These changes take precedence over previous announcements, marketing, advertising, and social media, but do not otherwise alter the basic terms and conditions of sale. You understand that all NFTs, physical goods, and services are offered by us and purchased and accepted by you AS IS and WITH ALL FAULTS. We make no warranties or guarantees whatsoever whether written, oral, or implied as to quality, condition or habitability. All information that we publish about an item for auction or retail sale is derived from sources believed to be correct, but there is no guarantee. You will rely entirely on your own information, judgment and inspection in making a purchase. If a legal misrepresentation is determined before a sale is finalized, we reserve the right to cancel the sale and refund any earnest/deposit money paid. You are responsible for the payment of any and all applicable taxes, gas fees, exchange fees, and other third-party expenses in connection with your purchases and sales on the Site.
Your bid is a binding offer to buy the item on which you bid. You do not have the right to cancel a bid. If your bid is the winning bid, you will not have the right to cancel your purchase.
Bids will be denominated in GBP and communicated in the manner designated by us. New bids must be greater than the current highest bid by at least £10.
If you are outbid in the closing 5 minutes of the Auction, you will have 5 minutes to outbid the current highest bid before the auction closes. You will be responsible for monitoring the duration of each auction by referring to the Site. The auction will be extended a maximum of 10 times, at which point, the highest bidder will win the auction. When the auction closes, we will notify the winner by email (to the email address you provide to us) and support you to process a payment transfer via approved payment of ETH, Credit Card, or Wire Transfer.
If the winner does not complete the transaction within 48 hours of notification from us, (A) the winner shall pay us damages equal to the amount of the bid, and we shall have the right to retain any deposit given to us to satisfy those liquidated damages in whole or in part; and (B) the second highest bidder will become the winner at the amount of the second highest bid (the “back-up bidder”). The back-up bidder becomes the winner and is obligated to complete the transaction within 48 hours after we notify said back-up bidder notification. The foregoing liquidated damages provision shall apply to the back-up bidder.
Once payment has successfully cleared, we will release the item to your Account Page on TeamGBNFT.com. You will be able to view your NFT and download certain items on your Account Page. You may request transfer of your NFT to an ETH Wallet of your designation. We will provide you with the required assistance in order to enable this transaction. Applicable gas fees and transactions fees may be charged by your ETH wallet provider. We are not responsible for these or any additional fees.
Fixed Price NFT Sale
Fixed Price NFTs purchased through the Site are limited, numbered editions sold at a fixed-price purchases. Currently, you can purchase items using a credit card, mobile payment application (like ApplePay, PayPal) or by using Crypto. By checking out via Crypto, you can use your Coinbase account or various other Crypto wallets to pay for NFT’s using ETH or the other currencies accepted by Coinbase at that time. Please note that upon starting the purchase process, you will have 10 minutes to complete your purchase before the inventory is released and another user will have the chance to purchase
Following receipt of our confirmation that you are the valid purchaser and your payment has cleared, your NFT and associated items will be released in your TeamGBNFT.com Account. You can view your NFT and download some associated items from your Account page on TeamGB. You may request transfer of your NFT to an Etherium Wallet of your designation. We will provide you with the required assistance in order to enable this transaction. Applicable gas fees and transactions fees may be charged by your ETH wallet provider. We are not responsible for these or any additional fees.
Tangible Items and Experiences
Some NFT’s may include Tangible Items and/or Experiences in addition to the NFT. These Tangible Items and Experiences will be clearly represented on the Auction or Fixed Price Sale page for each NFT.
Tangible Items are physical goods that are included with completed purchase of the NFT and can be exclusive items or memorabilia. Tangible Items will be packaged and shipped to the address listed in your registration unless otherwise arranged via email using firstname.lastname@example.org. Items may take several weeks to ship based on availability and production.
Experiences are prizes that grant you access to participate in exclusive events and once in a lifetime experiences. Upon purchasing an NFT that includes an Experience, we will send further instructions on how to redeem it. Generally, we will ask you to send an email to email@example.com. You must contact us during the redemption period to set up the experience. The redemption period will be listed in your confirmation email.
We take all reasonable steps so that our Site is available 24 hours every day, 365 days per year. However, websites do sometimes encounter downtime due to server and other technical issues. Therefore, we will not be liable if our Site is unavailable to all or any users at any time. We are not responsible for technical problems or transmission issues associated with a bid or purchase. In the event technical problems or unforeseen circumstances interfere with or prevent a bid or sale, it may be necessary for us to withdraw items from bidding or sale, which we shall have the right to do in our discretion. Our Site may be temporarily unavailable due to issues such as system failure, maintenance or repair, or for reasons beyond our control.
When using our Site, you shall not post or send to or from either the Site: (a) content for which you have not obtained all necessary consents; (b) content that is discriminatory, obscene, pornographic, defamatory, liable to incite racial hatred, in breach of confidentiality or privacy, which may cause annoyance or inconvenience to others, which encourages or constitutes conduct that would be deemed a criminal offense, give rise to a civil liability, or otherwise is contrary to the law in any applicable jurisdiction where our Site is being used; (c) content which is harmful in nature including, and without limitation, computer viruses, Trojan horses, corrupted data, or other potentially harmful software or data. We will fully cooperate with any law enforcement authorities or court order requiring us to disclose the identity or other details or any person posting materials to our Site in breach of this Section. You shall not use our Site when such use could distract you from a task and diminish your safety or the safety of others, such as when operating a motor vehicle. You should access our Site only with due regard for your own safety and the safety of others.
All information on our Site is of a general nature and is furnished for your knowledge and understanding and as an information, entertainment and retail purchase resource only. The documents and any related graphics published on this server could include technical inaccuracies or typographical errors. Changes are periodically added to the information contained on our Site. We may make improvements and/or changes to any of the products depicted or described herein at any time. We expressly disclaim any responsibility or liability for any adverse consequences or damages resulting from your use of the Site or reliance on the information from either. THE SITE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS. WE MAKE NO WARRANTIES, EXPRESS OR IMPLIED, REPRESENTATIONS OR ENDORSEMENTS WHATSOEVER WITH REGARD TO ANY PRODUCTS, INFORMATION OR SERVICE PROVIDED THROUGH THIS SITE, INCLUDING, TITLE, NON-INFRINGEMENT, OR ANY OTHER WARRANTY, CONDITION, GUARANTY, OR REPRESENTATION, WHETHER ORAL OR IN WRITING, OR IN ELECTRONIC FORM. TOKNS COMMERCE, INC. AND ITS AFFILIATED BUSINESSES AND INDIVIDUALS DO NOT WARRANT OR ASSUME ANY LEGAL LIABILITY OR RESPONSIBILITY FOR THE ACCURACY, COMPLETENESS OR USEFULNESS OF ANY INFORMATION DESCRIBED WITHIN OR DERIVED FROM OUR SITE OR SERVICE.
Limitation of Liability
YOUR USE OF OUR SITE IS ENTIRELY AT YOUR OWN RISK. TEAMGB AND TOKNS COMMERCE, INC. AND ITS RESPECTIVE AFFILIATED BUSINESSES AND INDIVIDUALS WILL NOT BE RESPONSIBLE TO YOU OR TO ANY THIRD PARTIES FOR ANY DIRECT OR INDIRECT, INCIDENTAL, CONSEQUENTIAL, SPECIAL, OR PUNITIVE DAMAGES OR LOSSES OR INJURY YOU MAY INCUR IN CONNECTION WITH YOUR USE OR INABILITY TO USE THE SITE OR THE SERVICES AND/OR PRODUCTS, OR YOUR RELIANCE ON OR USE OF THE SITE, THE INFORMATION, PRODUCTS OR SERVICES PROVIDED, OR THAT RESULT FROM MISTAKES, OMISSIONS, INTERRUPTIONS, DELETIONS OR ANY FAILURE OF PERFORMANCE, OR ANY OF THE DATA OR OTHER MATERIALS TRANSMITTED THROUGH OR RESIDING ON OUR SITE, REGARDLESS OF THE TYPE OF CLAIM OR THE NATURE OF THE CAUSE OF ACTION, EVEN IF WE HAVE ADVISED OF THE POSSIBILITY OF SUCH DAMAGE OR LOSS.
You agree to defend and indemnify TEAMGB and TOKNS COMMERCE, Inc., together with their affiliated businesses and individuals and all of their officers, directors, employees, volunteers, agents, licensors, and suppliers, harmless from and against any claims, actions or demands, liabilities and settlements including without limitation, reasonable legal and accounting fees, resulting from or alleged to result from, your use of and access to the Site or your violation of these Terms or your violation of any third party right, including without limitation any trademark, copyright or other proprietary or privacy right.
These Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by you.
We make no representations that the content or the Site is appropriate or may be used outside the United Kingdom. Access to the Site and/or the content may not be legal in certain countries outside the United Kingdom. If you access the Site from outside the United Kingdom, you do so at your own risk and are responsible for compliance with the laws of the jurisdiction from which you access the Site. The Site, and its contents, and any disputes arising therefrom shall be construed and interpreted under the laws of the England and Wales. Use of our Site constitutes agreement of the user to the jurisdiction of the state and federal courts located therein.
These Terms, together with other terms or legal notices published by us on the Site, and any other applicable agreements, shall constitute the entire agreement between us concerning your purchase of any items on the Site. If any provision of these Terms is deemed invalid by a court of competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these Terms, which shall remain in full force and effect. No waiver of any term shall be deemed a further or continuing waiver of such term or any other term, and our failure to assert any right or provision under these Terms shall not constitute a waiver of such right or provision.
Our Contact Information: support@teamGBnft.com