These Terms govern the acquisition, ownership, holding, use, transfer, listing, sale, and commercialization of OozGang Digital Collectibles and participation in the OozGang ecosystem, including use of the $OOZ utility token and related ecosystem features.
By acquiring, minting, purchasing, receiving, accepting, holding, listing, transferring, selling, using, or otherwise interacting with an OozGang Digital Collectible, $OOZ, or an OozGang ecosystem feature, you acknowledge that you have read, understood, and agreed to these Terms and any applicable future updates.
If you do not agree to these Terms, you should not acquire, hold, use, list, sell, or otherwise interact with OozGang Digital Collectibles, $OOZ, or OozGang ecosystem features.
1. Definitions
- OozGang
- A handcrafted collection of unique Digital Collectibles, with each piece and its traits created by hand.
- OozGang Collection
- The full set of Digital Collectibles issued under the OozGang name.
- OozGang Ecosystem
- OozGang Digital Collectibles and related official products, utilities, token features, marketplace integrations, rewards programs, experiences, services, and platforms.
- Reversoz
- The Reversoz Digital Collectible collection and associated artwork.
- $OOZ
- A blockchain-based utility token intended for use within the OozGang ecosystem.
- Digital Collectible
- A blockchain-based token associated with specific digital artwork and metadata.
- Artwork / Original Artwork
- The unique artwork associated with an OozGang Digital Collectible, including its combined visual appearance and traits.
- Holder
- The current valid blockchain owner of a specific OozGang Digital Collectible.
- Eligible Holder
- A Holder who satisfies all requirements necessary to receive commercial IP rights under these Terms, including the applicable Reversoz ownership requirement.
- Licensee
- Any Holder, Eligible Holder, or permitted sublicensee granted rights under these Terms.
- Licensor
- OozGang or its authorized representative holding or administering the applicable intellectual property rights.
- Commercial Use
- Any use intended to generate revenue, promote a commercial business, advertise products or services, or otherwise obtain a financial or business benefit.
- Personal Use
- Non-commercial use not primarily intended to generate revenue or promote a commercial business.
- Approved Marketplace
- A marketplace, platform, protocol, smart contract, operator, or other trading venue approved or permitted to interact with OozGang Digital Collectibles.
2. Automatic Acceptance of Terms
Ownership or possession of an OozGang Digital Collectible constitutes acceptance of these Terms.
Acquiring, holding, receiving, claiming, transferring, spending, redeeming, or using $OOZ through an OozGang ecosystem feature also constitutes acceptance of the applicable provisions of these Terms.
A Holder does not need to separately sign these Terms for them to apply.
By continuing to hold or use an OozGang Digital Collectible or participate in an OozGang ecosystem feature following an update to these Terms, the user agrees to the updated Terms to the extent permitted by applicable law.
Blockchain ownership does not transfer ownership of underlying intellectual property. Intellectual property rights granted under these Terms exist solely as a conditional license.
3. Intellectual Property Ownership
All underlying intellectual property rights in OozGang Artwork, traits, collection assets, branding, and related creative materials remain owned by OozGang or the applicable rights holder.
A Holder receives only the limited and conditional licenses expressly provided by these Terms.
No mint, purchase, sale, transfer, or blockchain transaction constitutes an assignment of copyright, trademark rights, or other underlying intellectual property ownership.
All rights not expressly granted are reserved.
Full personal and commercial use rules live in IP & Commercial Use.
4. Enforcement and License Revocation
OozGang may suspend or revoke licensing rights if a Holder, Licensee, or sublicensee violates these Terms.
Enforcement may include license suspension, license revocation, intellectual property takedown requests, marketplace notices, requests to stop unauthorized product sales, or other actions reasonably necessary to protect OozGang intellectual property or the ecosystem.
Revocation of an IP license does not require OozGang to remove, seize, burn, or take possession of a Digital Collectible. Blockchain token ownership and permission to commercially use Artwork are separate rights.
Failure to immediately enforce a provision does not waive future enforcement.
5. Commercial Use Verification
OozGang may request reasonable information necessary to verify compliance with commercial licensing requirements.
This may include verification of OozGang ownership, Reversoz ownership, the Artwork being commercially used, the nature of the Commercial Use, and sublicensee compliance.
Failure to reasonably demonstrate eligibility may result in suspension of commercial licensing rights.
6. Holder-Created Works and License-Back
A Holder retains independent rights they may have in original materials created separately from the underlying OozGang intellectual property.
By publicly displaying or commercially using a derivative work incorporating OozGang Artwork, the Holder grants OozGang a non-exclusive, royalty-free license to display and reproduce that derivative work for non-commercial promotional, historical, community, or collection-related purposes.
7. Third-Party Products and Holder Responsibility
Holder-created products, services, businesses, and content are independent from OozGang unless expressly identified as official OozGang products or services.
Holders are solely responsible for their products, services, advertising, taxes, legal compliance, product safety, customer disputes, and Commercial Uses.
A Holder may not state or imply that OozGang sponsors, guarantees, operates, or endorses their business without written authorization.
8. Indemnification
To the maximum extent permitted by applicable law, each Holder, user, and Licensee is responsible for claims, losses, liabilities, damages, expenses, or disputes arising from their misuse of Artwork, violation of these Terms, Commercial Use, products, services, sublicensing, or infringement of third-party rights.
Holders are responsible for ensuring that employees, contractors, partners, manufacturers, and sublicensees acting under their license comply with these Terms.
9. No Investment Representation
OozGang Digital Collectibles and $OOZ are intended for collectible and ecosystem utility purposes as described in these Terms.
No statement regarding OozGang or $OOZ should be interpreted as financial, investment, tax, or legal advice.
No promise or guarantee of profit, appreciation, liquidity, or financial return is made. Users are responsible for their own decisions regarding acquisition, holding, use, or transfer.
10. Changes to These Terms
OozGang may update, revise, replace, or modify these Terms.
Changes may address technical developments, marketplace changes, royalty enforcement, intellectual property protection, ecosystem features, $OOZ utility, security concerns, or legal and regulatory developments.
Updated Terms become effective when published or otherwise made reasonably available.
Continued ownership, holding, use, or interaction with an OozGang Digital Collectible, $OOZ, or OozGang ecosystem feature following an update constitutes acceptance of the updated Terms to the extent permitted by applicable law.
11. Severability
If any provision is determined to be invalid, unenforceable, or ineffective, the remaining provisions continue in effect to the fullest extent permitted.
Any invalid or unenforceable provision should be interpreted or limited as necessary to most closely preserve its intended purpose.
12. Entire Policy
These Terms constitute the applicable OozGang intellectual property, Holder use, marketplace, and ecosystem policy unless a separate written agreement expressly provides otherwise.
Separate written licenses, partnerships, program rules, or approvals may provide additional rights, restrictions, or exceptions for specifically authorized parties.
No informal statement, social media post, community message, or third-party representation modifies these Terms unless expressly identified as an official amendment or written authorization.
13. Contact
Questions regarding intellectual property use, Commercial Use, reserved categories, $OOZ utility, or licensing approval may be directed to OozGang through its official Twitter/X account or another officially designated communication channel.