Thank you for using MetaGround services and products (hereinafter referred to as the “Services”). This Terms and Conditions explains the relationship between THE GAME GROUND PTE. LTD. (hereinafter referred to as the "Company" or “We”) providing the Services and MetaGround service members (hereinafter referred to as the "members") using the Services or non-members in relation to the Services. It also includes information that can be helpful to all users who use the Services in using the Services.
If you use the Services or sign up as a member, you are confirming or agreeing to this Terms and Conditions and related operation policies, so please make time for reviewing it carefully.
MetaGround provides the Services through websites and applications including www.metaground.io. MetaGround uses a smart contract that allows users to sell, trade, transmit, display, and exchange (blockchain-based) digital assets and products, NFT CARD (Non-Fungible Token), in a unique (blockchain-based) P2P digital market. MetaGround NFT CARD is an NFT card based on the Klaytn network.
Users can earn real estate NFT cards or trade NFT cards with other sellers by minting NFT card collections classified as real estate-based regional collections within the platform. Each real estate NFT card is graded including rarity, and you can upgrade a grade by strengthening it through items or combining real estate NFT cards. This item pack can also be purchased by minting or traded with other sellers. You can form NFT card-based teams to recover specific regions and win prizes.
MetaGround is an interface that makes it easier to interact with the blockchain and other users using decentralized applications that operate on the blockchain and is not explicitly a trader, contractor, broker, seller, financial institution or creditor.
The Services are not available for those under the age of 18.
To access MetaGround, you need a user account associated with your wallet. You must use a digital wallet such as CYCLUB or another supported e-wallet to collect or purchase items (to purchase and store collectibles). Each collectible is a non-fungible token (NFT CARD).
When connecting your wallet, you must download or install the wallet and register accurate and complete information before connecting your wallet. Details on how to connect your wallet can be found on the MetaGround website's FAQ or other guidance pages. You agree to this Terms and Conditions and the use of the Services by installing the wallet, checking the contents of this Terms and Conditions of Use, and then checking 'I agree' in the consent box, and making a connection.
You are responsible for the account security of the Services and your digital wallet. You agree to notify us immediately at firstname.lastname@example.org if you become aware of any unauthorized use of your password or account associated with us.
You can use your digital wallet to purchase, store and trade cryptocurrencies recognized by us within the MetaGround platform. Transactions occurring within the platform are managed and verified through the Klaytn network.
You agree that access to the Services may be blocked by our sole discretion if you violate this Terms and Conditions or fraud, abuse or illegal activity is suspected.
You can purchase, acquire, collect and display NFT cards through your digital wallet within the Services. Each NFT card is an NFT card of the Klaytn network.
You can purchase NFT cards in the following ways:
a) Randomly acquire NFT cards by purchasing packs within the Services;
b) Purchase NFT cards by selecting the registered NFT cards on the transaction screen.
The Services have different types of packs that you can purchase, and we reserve the right to modify the types, prices and number of packs available in our sole discretion. You can purchase real estate NFT cards with different levels of rarity depending on the type of pack you purchase, and you can also obtain upgraded NFT cards by combining your NFT cards. In the case of upgrade by combining your NFT cards, the existing NFT cards will be incinerated.
NFT cards you hold are your digital asset. This service gives you a certain percentage of profit every time you have NFT cards and check attendance. The interest paid for NFT card holding profit varies by NFT card grade, and the quantity of cards recognized per person is limited. Hold digital assets by combining each card, and increase your digital assets by receiving NFT card holding profit.
Gas rate and fee are paid as follows.
All transactions that occur within the Services are conducted through your digital wallet and Klaytn network. We do not offer refunds for all purchases as we do not have the right to cancel or refund any transaction if it has occurred.
All transactions occurring within the Services are made on the Klaytn network. Every transaction on the Klaytn network will pay a gas fee (transaction fee) to fund the computer network running the decentralized flow network. All transactions made within the Services will incur a platform fee of 3 - 5% including gas fee.
When using the Services, you can request withdrawal to the outside from the connected digital wallet. Our withdrawal fee policy follows the policy of the connected digital wallet.
We may change the platform usage fee if gas rates fluctuate. We will notify you of fee change at least 14 days before the fee (rate) is changed. If you do not agree to the change of the fee (rate), you have the right not to use the Services.
Artworks, designs and drawings (in any form or media, including but not limited to video or photos), intellectual property rights, copyrights, etc. of all related elements of all real estate NFT cards transacted within the Services are copyrighted assets of the Company and licensors. All trademarks, service marks and trade names related to or included in the Services are owned by the Company or licensors. The copyright and ownership of the artworks, designs, and pictures (all contents including videos or photos) of the NFT cards sold in the Services belong to the Company, and when you purchase NFT cards, the copyright and ownership of the original itself are not transferred to the Company. However, within the scope of providing smooth service, the Company provides exhibition rights and distribution rights for NFT cards for which the original is used when using the Services.
Real estate NFT cards purchased through the Services become yours at the moment of purchase. Proof of purchase is recorded on the Klaytn network.
You have no right to reproduce, distribute or commercialize any element of the content and materials (including but not limited to any art) provided by us except as otherwise provided in this Terms of Conditions. You agree not to reproduce or create any similar content, including any of our trademarks or service marks, or any content we provide without our consent.
In the Services, if real estate NFT cards combined, the existing NFT cards may be incinerated. Therefore, when you use the combination function within this service, it is deemed that you have given us the right to delete the content.
You agree to be responsible for your actions and consequences thereof while accessing or using the Services. You agree to use the Services only for purposes that are lawful and appropriate in accordance with this Terms and Conditions and any applicable laws or regulations.
a) Sending, uploading or distributing any content that is illegal, defamatory, harassing, abusive, fraudulent, obscene or otherwise objectionable
b) Distribution of viruses, worms, defects, Trojan horses, corrupted files, or other items of a destructive or deceptive nature
c) Uploading, posting, transmitting or providing contents in any way that infringes the intellectual property rights of others
d) Using the Services to infringe on the legal rights of others (such as privacy and publicity rights) and engage in or promote illegal activities (including but not limited to money laundering)
e) Interfering with other peoples’ use of the Services
f) Abuse of the Services for any unauthorized commercial purpose
g) Modifying, adapting, translating or reverse engineering the Services
h) Removing any copyright, trademark, or other proprietary notices included in the Services, or infringing any rights
i) Creating invalid user accounts by automated means
j) Impersonating another person
k) Using or operating a bot to create an account or make a profit
l) Personally purchasing/selling real estate NFT cards purchased that was purchased in the Services externally
m) If you have infringed on the rights, honor, credit, or other legitimate interests of the Company or others
n) Provision and operation of illegal programs in violation of the Copyright Act, illegal communication and hacking in violation of the Act on Promotion of Information and Communications Network Utilization and Information Protection, distribution of malicious programs, and violation of related laws and regulations such as excessive access rights
o) Personal use of data collected by the Company
p) When there is an act that violates other operation policies, user guides or laws, infringes on the rights of others, or there is a good reason to suspect that such illegal or unfair act has been committed
q) If the Company recognizes that it is necessary to refuse the provision of the Services based on a reasonable judgment
If the contract of use is terminated due to any of the above reasons, all benefits acquired through the Services will be lost, and we may cancel all rights related to you, such as sales, without a notice. We are not obligated to compensate you for these.
If the contract of use is terminated due to any of the above reasons, all member information except for essential information that we must retain in accordance with relevant laws and regulations and personal information processing policies will be deleted.
You may terminate this service use agreement.
You may withdraw your consent to this Terms and Conditions and terminate your use of the Services at any time by unlinking your linked digital wallet, unsubscribing, or discontinuing use of the digital wallet. If you delete your account or withdraw your consent to this Terms and Conditions, you cannot receive refund for any real estate NFT cards you previously purchased through the Services. However, you may stop using it after selling all of your digital assets in the Services and disposing of your digital assets.
We will notify you of any service interruptions or changes.
MetagGound is doing its best to provide stable 24X365 services. All or part of the Services may inevitably be suspended if there are significant operational reasons, such as maintenance, replacement, breakdown, and communications interruption of information and communication facilities including computers and servers.
In addition, all or part of the Services provided may be changed according to operational and technical needs in the following cases or if there is a reasonable reason to believe that there is a reason for corresponding to it:
a) When it is determined that technical management or change of service contents is necessary to provide more stable service;
b) When an illegal act using the Services occurs;
c) If normal service use is disrupted due to power outage, equipment failure, or excessive usage, or if a network failure occurs in a range such as a region;
d) If there is an act of a member that goes against the Company's operating policy;
e) If an unavoidable circumstance in which the Services cannot be provided for business reasons, etc. arises;
f) In case of force majeure, such as natural disasters, national emergencies, and regulations or restrictions in each country's laws and regulations and policy
g) If there is a change in the contents, usage method, and usage time of the Services, we notify the member of the reason for the change and the contents and date and time of the Service to be changed in advance. However, if it is impossible to notice or notify the members due to reasons beyond the Company's control or emergency, etc., the service content may be changed first, and then we will notify members of it.
MetaGround compensates for damages in accordance with relevant laws and regulations in the event that you suffer damages due to our intention or negligence. However, we are not responsible for any damage that is not caused by a natural disaster or force majeure equivalent thereto, or our intention or negligence. In addition, to the extent permitted by laws and regulations, the Company shall not be liable for indirect, special, consequential, disciplinary and punitive damages, and the Company shall not be liable for such damages in the following cases:
a) If the Services cannot be provided due to a natural disaster or a national emergency equivalent thereto;
b) If the use of the Services becomes impossible or a disadvantage occurs due to the observance of administrative dispositions and orders, etc. under laws or de facto of the government institutions;
c) In the event of service failure due to blockchain platform failure or reasons attributable to members;
d) If server failure occurs due to instantaneous increase in service access, etc.;
e) If facts such as falsification or falsehood are confirmed regarding the reliability, accuracy and completeness of information, data, and facts provided by the member in relation to the Services;
f) In the event of damages caused by trading through other channels rather than through the Services;
g) In the event of damages caused by the member's negligence or fault, such as canceling the service contract and depositing digital assets or delivering NFT cards to a wrong account address;
h) If the member's product value changes due to price fluctuations of digital assets;
i) If there is no prior agreement or contract between the Company and the member for the Services is made or a problem occurs outside the scope of the relevant agreement or contract;
j) If damages occur due to restrictions on use and suspension of use according to this Terms and Conditions;
k) Damages caused by a third party's illegal access to or use of the Company's server
l) Damages caused by intentionally or negligently leaking account and transaction information to a third party or allowing a third party to use the Services arbitrarily;
m) If the member does not immediately notify the cause of damages or the fact that the damages have occurred;
n) If the information provided by the member to the Company is not true;
o) Damages caused by other reasons where the Company does not have intention or negligence.
We are not responsible for any failure to obtain the expected benefits or losing them from the use of the Services. To the extent permitted by laws and regulations, the Company make no direct or indirect contract or warranty for any matters not specified in this Terms and Conditions in relation to the Services. In addition, the Company does not guarantee the value of digital assets such as NFT cards created through the Services.
The Company does not guarantee the value of all digital assets related to the Services, including digital assets used for payment service.
If the NFT cards acquired by you using the Services infringes on the rights of a third party, we are not responsible for the damages unless it is the intention or negligence of the Company.
MetaGround complies with applicable laws.
All issues arising out of or in connection with this Terms shall be governed by and construed in accordance with the laws of Singapore. In addition, litigation regarding disputes arising from the Company and the Services shall be brought to the court having jurisdiction over the Company's location of operation.
Effective Date of the Terms and Conditions: December 6, 2021