Terms of Service
Welcome to Bullish Coffee! These terms govern your use of our platform and services. Please read them carefully before using our platform.
1. Introduction
Welcome to Bullish Coffee NFT platform. These Terms of Service govern your use of our platform and the minting of NFTs on the XRP Ledger (XRPL). By accessing or using our platform, you agree to be bound by these terms.
Our platform allows users to mint, buy, sell, and trade non-fungible tokens (NFTs) on the XRP Ledger. We provide a marketplace for digital assets related to coffee, community, and blockchain technology.
If you do not agree with any part of these terms, you may not access or use our platform.
2. NFT Ownership
When you mint an NFT on our platform, you are purchasing a non-fungible token on the XRP Ledger that represents ownership of a digital asset. The NFT is stored on the XRPL and ownership is determined by the wallet address that holds the NFT.
Ownership of an NFT does not grant you ownership of the underlying intellectual property rights to the content linked to the NFT, unless explicitly stated otherwise.
You understand that blockchain transactions are irreversible and we cannot recover NFTs sent to incorrect addresses or lost due to loss of private keys.
Important: Always verify wallet addresses before sending transactions. Store your private keys securely. Bullish Coffee cannot recover lost NFTs or reverse transactions on the blockchain.
3. License to NFT Content
By minting an NFT, you receive a license to use, copy, display, and create derivative works based on the content linked to the NFT for personal, non-commercial use. This license is valid as long as you own the NFT.
For Bullish Coffee Founder, Platinum, and Genesis NFTs, you also receive additional rights and benefits as specified in the NFT description, which may include:
- Access to exclusive community events
- Voting rights on platform development
- Revenue sharing from platform fees
- Early access to new features and NFT drops
The specific rights and benefits for each tier are detailed in the NFT description at the time of purchase.
4. Fees and Payments
All transactions on our platform require payment in XRP. The price for minting an NFT is displayed before confirmation. In addition to our fees, you may be subject to network fees (gas fees) for transactions on the XRPL.
Our platform charges the following fees:
- Minting Fee: Varies by NFT tier
- Marketplace Fee: 2.5% of transaction value for secondary sales
- Withdrawal Fee: Network gas fees only
All fees are subject to change. We will provide notice of any fee changes through our platform.
NFT Tier | Price (XRP) | Benefits |
---|---|---|
Founder | 1000 XRP | All platform benefits, revenue sharing, voting rights |
Platinum | 250 XRP | Premium access, early features, community events |
Genesis | 20 XRP | Basic membership, community access |
5. Risks
You understand that blockchain technology and NFTs are emerging technologies that carry financial risk. We do not guarantee the value or future tradability of any NFT. You accept all risks associated with the purchase of NFTs.
These risks include, but are not limited to:
- Price volatility of XRP and NFTs
- Regulatory changes affecting blockchain assets
- Technical vulnerabilities in blockchain networks
- Loss of access due to lost private keys
- Changes in platform functionality or availability
You should only purchase NFTs with funds that you can afford to lose. We recommend conducting your own research before making any purchases.
6. Platform Rules
You agree not to use our platform for any illegal activities or in any manner that could damage, disable, overburden, or impair our services.
Prohibited activities include:
- Creating, uploading, or trading content that infringes on intellectual property rights
- Using the platform for money laundering or financing illegal activities
- Attempting to manipulate markets or prices
- Harassing other users or engaging in abusive behavior
- Using automated systems or bots without our permission
- Attempting to gain unauthorized access to other users' accounts
Violation of these rules may result in termination of your access to the platform.
7. Intellectual Property
All content on our platform, including but not limited to text, graphics, logos, and software, is the property of Bullish Coffee or its content suppliers and is protected by international copyright laws.
By using our platform, you agree not to copy, modify, distribute, or create derivative works based on our platform content without our express permission.
8. Termination
We reserve the right to terminate or suspend your access to our platform at any time, without notice, for conduct that we believe violates these Terms of Service or is harmful to other users, us, or third parties, or for any other reason.
Upon termination, your right to use the platform will immediately cease. However, all provisions of these Terms which by their nature should survive termination shall survive, including ownership provisions, warranty disclaimers, and limitations of liability.
9. Disclaimer of Warranties
Our platform and services are provided “as is” without any warranties, expressed or implied. We do not guarantee that our platform will be secure or error-free.
We make no warranties or representations about the accuracy or completeness of the content on our platform or the content of any websites linked to our platform.
10. Limitation of Liability
In no event shall Bullish Coffee be liable for any indirect, incidental, special, consequential, or punitive damages, including without limitation, loss of profits, data, use, goodwill, or other intangible losses.
Our liability is limited to the maximum extent permitted by law. In jurisdictions where limitation of liability for certain damages is not permitted, our liability shall be limited to the extent permitted by law.
11. Changes to Terms
We reserve the right to modify these terms at any time. If we make changes, we will provide notice of such changes, such as by sending an email, providing a notice through our platform, or updating the date at the top of these terms.
Your continued use of our platform following the posting of revised Terms means that you accept and agree to the changes.
12. Governing Law
These terms shall be governed by and construed in accordance with the laws of the jurisdiction in which Bullish Coffee is established, without regard to its conflict of law provisions.
Any disputes arising under or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts in that jurisdiction.
Ready to Join the Bullish Coffee Community?
Mint your NFT today and become part of our growing community of coffee and crypto enthusiasts.
Frequently Asked Questions
Due to the nature of blockchain technology, if you lose access to your wallet (private keys), we cannot recover your NFTs. Always keep your recovery phrase in a secure location and never share it with anyone.
Yes, you can sell your Bullish Coffee NFT on our marketplace or any other platform that supports XRPL NFTs. The NFT is yours to trade or sell as you wish.
We currently support XUMM, Crossmark, and GEM Wallet for XRPL transactions. We plan to add support for more wallets in the future.
Royalties are set at 5% for secondary sales of Bullish Coffee NFTs. These royalties help support the continued development of the platform and community.