Terms Of Conditions

Introduction

Please read these terms and conditions carefully before using the "CRETA Platform".

These Terms and Conditions constitute a legally binding contract (hereinafter referred to as the &quto;User Agreement&quto;) between the user and [CRETA FZCO, Dubai Digital Park A2, Dubai Silicon Oasis, Dubai UAE] (hereafter &quto;Company&quto;) in relation to access and use of the &quto;CRETA platform&quto; (hereinafter, the User and the Company are each &quto;Party&quto;). , collectively the &quto;Parties&quto;). These terms and conditions apply to the access and use of the &quto;CRETA Platform&quto;, including functions and services related to the creation, ownership, transmission, transaction, and use of digital assets such as games, land, and content within the &quto;CRETA Platform&quto; and interactions between users

You may use the "CRETA Platform" and any related "Services" ("Services") only if you consent to all the terms and conditions under these Terms. By using the "Service", the user confirms that he/she has read, understood, and agrees to these terms and conditions. If you do not agree to these Terms, use of the "Service" is explicitly prohibited and you must immediately stop using it.

Additional terms of use or documents posted by the company on the "CRETA Platform" from time to time are included in these terms and conditions. The company notifies users of amendments to these terms and conditions in the manner in accordance with Article 4. The user is deemed to have acknowledged and agreed to the changes to the revised terms by using the "Service" after the revision date of these terms and conditions.

The "CRETA Platform" and "Services" are not intended to be provided to users in any country, or users in such countries, where their use is prohibited or restricted by law or regulation, or where registration and other requirements must be met within that country. Therefore, users who access the "CRETA Platform" must use the "Service" by themselves in compliance with local laws. The company proposedly refuses to use the "Service" in certain countries where it is prohibited or restricted.

Chapter 1. General Provisions

Article 1 (Purpose)

The purpose of these Terms and Conditions is to stipulate the rights, obligations and responsibilities of the company and users, and other necessary matters regarding the use of the "CRETA Platform" and "Services" provided by the company.

Article 2 (Definition of Terms)

The definitions used in these Terms and Conditions are as follows. The definitions of terms used in these Terms are governed by applicable laws and regulations and general commercial relations, except as provided in this Article.

• "CRETA Platform" is a user-centered multiverse platform created and owned by the company, consisting of "CRETA STUDIO", "CRETA Marketplace", etc, and the company’s website (https://creta.world), and other companies' related mobile apps.
• "Service" means any service included in or related to the "CRETA Platform", and the service provided by the company to users.
• "CRETA STUDIO" refers to an online system that provides users with the ability to create and generate "Assets".
• "CRETA Marketplace" means an online space owned and operated by the company where "Assets" can be transferred and traded, and a system such as a server and database required for its implementation.
• "User" means a customer who uses "Service" and includes individuals, companies, organizations, and institutions.
• "Account" means an account created by the user directly or through the company to identify the user in the "Service".
• "Blockchain" is a technology that stores data in electronic blocks and sequentially connects each block like a chain. It refers to a distributed data storage method that replicates and stores data.
• "Assets" means "Digital Assets" and "Games".
• "Digital Assets" are created in digital form and can be used within the "Game" such as "Land", "User Content", "Cryptocurrency", NFT, other items, and characters, or any element that can be traded within "CRETA Marketplace".
• "Game" means a program, device, equipment, etc. designed to allow entertainment using information processing technology such as computer programs or mechanical devices, or to enhance the effect of learning and exercise, etc. available on the "CRETA Platform" or tradable on the "CRETA Marketplace".
• "Cryptocurrency" refers to a "Blockchain"-based virtual currency that a user acquires on the "CRETA Platform" or that can be used for minting NFTs or paying transaction fees, gas fees, commissions, etc.
• "Land" is a "Digital Asset" produced and developed by the company, and refers to virtual real estate that users can purchase within the "CRETA Platform".
• "Contents" refers to images, text, information, data, video, audio, graphics and other materials, programs, etc. "Contents" consists of "CRETA Contents" and "User Contents".
• "CRETA Contents" refers to any "Contents" included in the company’s "Service" or provided through the "Service", "CRETA Platform", "Software", and all its components and also includes trade names, logos, etc. displayed on or in connection with the "Service".
• ""Software" refers to all programs, software and Software-as-a-Service (SaaS) related to the "Service".
• "User Contents" means "Contents" produced, written, developed, or provided by users in addition to "CRETA Contents".
• "User Assets" refers to "Assets" that users create using "CRETA STUDIO" or upload, link, or provide to "CRETA Platform", including "User Contents".
• "NFT" means a non-fungible token minted on the blockchain.
• "Metadata" refers to data consisting of the title of the "Asset" and a brief description thereof, information on the creator, and the Internet address of the place where the "Asset" is actually stored. "Metadata" may include linked or uploaded URLs, thumbnails, logos, etc.
• "Wallet" is a place where users store and manage "Assets" in digital form created and based on blockchain.
• "CRETA Wallet" refers to the blockchain technology based online electronic wallet service that the Company provides. The users manages all authorities necessary for blockchain service such as private key, password etc. with CRETA Wallet. The service is provided via PC, mobile application, and website and users can use services such as purchase, trade, exchange etc. within the Service.
• "Wallet Address" means the unique identification character of a "Wallet".
• "Private Key" refers to a code (random combination of number and text) that is 1:1 matched with the CRETA Wallet’s address and it is an important key to process all signatures of the CRETA Wallet. Since the private key has a power of signature, it can be used by the third party when exposed externally. Extra care is required for the management.
• "Intellectual Property Rights(IPR)" means any intellectual property and intangible property rights recognized under copyrights (including secondary copyrights), trademarks, design rights, utility models, patents, confidential business info, database rights, trade dresses, and other relevant laws.
• "Ownership" means the right to use, profit and dispose of (sale, trade, donation, bequeath, transfer, or other disposition it deems appropriate), "property" as it is.
• "Owner" means the person who has "Ownership" in the "Asset".
• "Seller" means a user who sells "Assets" on "CRETA Marketplace".
• "Buyer" means a user who purchases "Assets" on "CRETA Marketplace".
• "User information" refers to the user's personal information and transaction information, such as the user's name, company name, title, account, wallet address, and profile.
• "User Game Service" means that a user provides his or her "Game" within the "CRETA Platform" so that other users can play it.
• "Gas Fee" refers to the fee paid to the computer network to execute a transaction on the blockchain network.
• "Third-party Service" means a website, service, or platform of a third party that is not owned or controlled by the company, including "User Game Service".

Article 4 (Notice to Users)

• When the company notifies the user, unless otherwise provided in these terms and conditions, can use reasonable methods such as sending an e-mail to the e-mail address provided by the user to the company, social media message, text message (SMS), pop-up screen within the “Service”, etc. to notify users.
• If the company notifies all users, unless otherwise stipulated in these terms and conditions, the company may post on the bulletin board within the “Service” or post a pop-up screen, etc., in lieu of the notification in paragraph 1 above.
• When the contents of a notification for all users are relevant to the following, the users will be individually notified based on clause 1 in a manner sufficiently comprehendible by the user, along with notifications based on clause 2
• Content unfavorable to users
• Content that affects user's rights or obligations

Chapter 2. Obligations of Parties

Article 5 (Obligations of the Company))

• The company shall not engage in any acts prohibited or contrary to these Terms and Conditions, and shall endeavor to provide the "Service" continuously and reliably.
• The company operates a security system to protect personal information so that users can use the "Service" safely, and announces and complies with the personal information processing policy.
• The company shall have the necessary personnel and systems to properly handle the complaints or damage relief requests of users and users arising out of the use of the "Service".
• The Company shall handle any opinions or complaints raised by the user in connection with the use of the "Service" if it considers it to be justified. For comments or complaints raised by users, we will communicate the processing process and results to the users through e-mail.

Article 3 (Publishing and Revision of Terms)

• The company publishes the contents of these terms and conditions on the webpage within the “Service” or on the connected page so that users can easily understand.
• The company may revise these terms and conditions at any time to the extent that it does not violate the relevant laws.
• When the company revises the terms and conditions, the reason for the amendment and the date of application shall be specified, and the user will be notified from 30 days before the effective date to the day before the effective date.
• Absence of explicit disagreement or unconditional usage of services by the user is regarded as consent to the updated Terms of Service, when the company updates its Terms based on clause 3 and notifies the user that any absence of express consent to the update until a day before the update comes to effect, constitutes a consent
• If the user does not agree to the application of the amended terms, the company cannot apply the amended terms and conditions, and in this case, the user may terminate the use contract. However, if there are special circumstances in which the existing terms and conditions cannot be applied, the company may terminate the use contract.

Article 6 (Obligations of the User))

The user shall not perform the following actions:

• Registration of false content when applying or changing
• Information theft
• Changes of Information posted by the company
• Transmit or post information other than the information prescribed by the company (computer programs, etc.)
• Infringement of "Intellectual Property Rights" or other rights of the company and/or third parties
• Damage the reputation of the company and/or third parties or interfere with their work
• Disclose or post obscene or violent messages, videos, voices, or other information on the service that violates the law and social order
• Use of the "Service" for commercial purposes without the consent of the company
• Using the "Service" in an unusual way, such as creating, producing, purchasing, or selling "Assets"
• Using the "Service" to exchange and receive "Assets" for speculative purposes, etc., to trade outside the original purpose of the "Service"
• Ponzi scheme or similar deposit taking
• Other unlawful or unjust conduct
• The user shall comply with the relevant laws and regulations, the provisions of these Terms and Conditions, the precautions announced

by the company in connection with the "Service", and other matters notified by the company, and shall not engage in any act that interferes with the work of other companies.

Chapter 3. Assets

Article 7 (Assets)

• The user may create "Assets" using "CRETA STUDIO" in accordance with these Terms and Conditions ("Land" can only edit "Metadata"), upload or link "Assets" to the "CRETA Platform", and use them to post, store their holdings, transmit, buy, sell, etc. on the "CRETA Platform" (hereinafter referred to as "Use, etc.").
• When a user creates an "asset" using "CRETA STUDIO", the user must comply with the specifications such as "metadata" set by the company.
• The user shall ensure that the "User Assets" and/or its "Metadata" do not contain any content that may fall under Article 21 prohibited acts.
• The "User Assets" shall be unique, and the user shall not create, provide upload links or use the "User Assets" anywhere other than the "CRETA Platform".
• The Company may, at its discretion, refuse to create, provide or use the user's "User Assets", provide upload links, etc., or take measures such as restricting, suspending, or deleting them.
• Except as otherwise provided in these Terms, the company does not claim "ownership" of the "User Assets".
• By creating, uploading, linking, and using "User Assets" on the "CRETA Platform", the uUser shall store, copy, temporarily store, encode, save, playback, record, sell, distribute, transmit, broadcast, synchronize, apply, modify, edit, translate, create secondary works, display, perform, release and publish, download, use, publicize, etc. for the purpose of "Service", grants the users a non-exclusive, irrevocable, royalty-free, perpetual, worldwide license. The company may use "User Assets, etc." for the company's activities, the provision of the "CRETA Platform", the "Services", or for the advertising, marketing and promotion thereof, without limitation in any medium or format (including activities in any form that takes place in the currently known means or media, and in any form currently known technology or apparatus, or provided after it has been developed). The user grants the company the right (but has no obligation) to display, use, store and process information about "User Information" and "User Assets, etc." in connection with the "Company's License Rights". The user agrees that the company may not display the user's full name in the use of the user's "User Assets, etc." The company may, at its discretion, sublicense or transfer all or part of the above rights (the "company's License Rights") to a third party.
• The User agrees not to exercise any rights relating to "Intellectual Property Rights", "Ownership" and attribution thereof, including moral rights in connection with "User Assets, etc.", to the company and any third party who has sublicensed or transferred the "Company's License Rights" from the company and the company.

Article 8 (Land)

• Users can purchase "Land" on the "CRETA Platform".
• The "Owner" of the "Land" may edit the "Metadata" within the "Land" to change the name, description, URL link, thumbnail image and logo, etc. In this case, Article 7(2) and (3) shall be used in accordance with the provisions of the paragraph.

Article 9 (Intellectual Property Rights)

• The website is our proprietary property and all source code, databases, functionality, software, website designs, audio, video, text, photographs, graphics on the website and the trademarks, service marks, and logos contained in this website are owned or controlled by us or licensed to us and are protected by copyright and trademark laws and various other intellectual property laws of the United Arab Emirates.

No part of the Website and no Content or Marks may be copied, reproduced, aggregated, republished, uploaded, posted, publicly displayed, encoded, translated, transmitted, distributed, sold, licensed, or otherwise. All the CRETA Contents are intellectual property rights of CRETA, including the selection and placement of "CRETA Contents", belong to the company or the third party who provided it to the company and shall be protected by applicable laws and regulations.

• By using the "Service", the user may come across with "CRETA Contents". The company grants the user a limited, non-exclusive, sub licensable or non-transferable license to use the "CRETA Content" for the use of the "Service", to the extent permitted by the "Service", only in the manner provided by the "Service". Your use of the services shall not, under any circumstances, be construed as granting you the "title" to "CRETA Contents" or assigning "intellectual property rights" to "CRETA Contents" and any derivative works associated therewith. Except as expressly permitted by these Terms, you may not store, copy, temporarily store, encode, save, playback, record, sell, distribute, transmit, broadcast, sync (or synchronize), apply, modify, edit, translate, create a secondary work, display, perform, release and publish, download, use, publicize, rent, transfer, distribute, license, sublicense, etc., for any purpose whatsoever, without the prior written permission of the company. Commercial use of "CRETA Contents" without the prior written permission of the company is strictly prohibited.
• The Company may update "CRETA Contents" at any time and at its discretion without noticing the user. These Terms apply to the updated version, and the user agrees to it.
• Decompile, reverse engineering, disassembly, translation or reduction of the "Software" into human-readable forms is prohibited.

Article 10 (Disclaimer of Warranty, Limitation of Damages)

CRETA makes no warranty or representation of any kind, either express or implied, including but not limited to warranty of title or non-infringement or implied warranty of merchantability, fitness for a particular purpose, non-infringement, or other violation of rights in relation to the availability, accuracy, validity, reliability, or content of these pages and/or the site. Company shall not be liable for any direct, indirect, incidental, or consequential damages, lost profits or for business interruption arising out of the use of or inability to use this website, even if CRETA has been advised of the possibility of such damages.

Article 11 (NFT)

• If the user allows the "User Assets" to be sold on the "CRETA Marketplace" by uploading them, the user shall, in principle, mint and sell the "User Assets" as NFTs.
• The user may mint NFTs according to the method prescribed by the company for his or her "User Assets". However, the user must have the legally valid right and authority to mint NFTs on "User Assets", such as having "intellectual property rights" for "User Assets" or obtaining permission from the copyright holder for "User Assets".

Article 12 (User Assets)

• The user agrees to assume all risks associated with the "User's Assets".
• The user warrants and represents each of the following:
• The user has the legally valid capabilities, qualifications, rights, and authority necessary to make, upload, connect, provide, or use "User Assets" or license them under these Terms and Conditions.
• The creation, upload, connect or use of "User Assets", granting and using the "Company's license rights" in accordance with these Terms and Conditions, etc., shall not infringe on the "intellectual property rights" and other rights of third parties.
• The content of the "User Assets" and its "Metadata" (including the "Metadata" of the "Land" edited by the user) does not violate these Terms.
• The user has not, and will not enter into any contract contradictory to or inconsistent to these Terms.
• There is nothing that could limit or interfere with the acquisition and exercise of the company's rights under these Terms.
• The user is solely responsible for making copies of and maintaining copies of his or her "Assets". Except as otherwise provided in accordance with these Terms, the company shall not be obliged to store a copy of the "Assets" for later use by such users or other users.
• The company may take appropriate measures such as deleting or disabling the "User Assets" from the "Service" when the "User Assets" fall under any of the following subparagraphs, and may delete or restrict the use of the user's account of the "User Assets" if necessary.
• If the "User Assets" receives appropriate notice that it infringes the rights of the third party, such as "intellectual property rights", etc., and it is determined that there is a possibility of infringement.
• If it is determined that the "User Assets" are in violation of these Terms and Conditions
• When the obligation to delete "User Assets" occurs in accordance with relevant laws and regulations, etc.
• When the "User Assets" are requested or ordered by the Government Regulatory Authority to take action, such as deletion.
• If there is any other justifiable reason

Chapter 4. Use of Service

Article 13 (Conclusion of Use Contract)

• By initiating the use of the "Service" by the user, the company and the user shall be deemed to have concluded a contract for the use of the "Service".
• The user may open an account in accordance with the due process prescribed by the company.
• The company may restrict or refuse to open an account if the user falls under any of the following subparagraphs:
• If the user has ever had his or her account deleted in violation of these Terms
• User information is false or did not provide the required information
• Violates these Terms or the due process established by the company or uses any unlawful means
• Wish to open an account to use for any illegal or fraudulent purpose
• If you are a user whose use of the "Service" is restricted by applicable laws or under this Agreement
• The company may request additional information or request identity verification to verify the user's information if necessary.

Article 14 (Change and Management of User Information)

• Change of user information
• The user may view and modify his/her user information at any time through the "Service". However, the account ID required for the management of the "Service" cannot be modified.
• If the user's information changes, the user shall either modify it directly in accordance with the method permitted by the "Service", or notify the company of the change.
• The user shall bear the disadvantage caused by the user's failure to reflect the changed user information or not notifying the company due to reasons attributable to the user.
• Management of user information
• The company may restrict the creation or use of the user's account if there is a risk of leakage of personal information, is misleading to be someone other than the user himself, is contrary to anti-social or moral, violates the rights of third parties, is likely to be mistaken for the company and the company's operator, or otherwise similar.
• The company shall regard the user as a user without any verification procedure if the account and password entered by the user match those registered with the company.
• The user is responsible for safely keeping all information necessary for accessing the account, including password, to ensure unauthorized access by third parties who do not have his/her permission.
• The user shall notify the company immediately if the user becomes aware that his/her account access information has been lost, stolen or disclosed to a third party. The company may immediately take measures such as suspension of the use of the account.
• The company shall not be liable for damages caused to the user due to the loss, theft or disclosure of access information such as the user's account password. However, this shall not be the case if it is caused by the company's intention or negligence.

Article 15 (Provision of “Service” etc.)

• The company provides the following "Services" to the user. The "Service" may be added or changed depending on the circumstances of the company.
• The user may create "Assets" using "CRETA STUDIO" in accordance with these Terms
• Users may sell your "Assets" to other users on the "CRETA Marketplace" in accordance with these Terms and Conditions, and users may purchase "Assets" sold by other users.
• The user may provide the \User Game Service" to allow other users to play his or her "Game" on the "CRETA Platform" or play the "Game" of another user using the "User Game Service" provided by another User.
• Other: The user may purchase "Land" on the "CRETA Platform" and may acquire "Cryptocurrency" according to the method prescribed by the company.
• In principle, the company shall provide "Service" 24 hours a day, throughout the whole year. However, the company may divide the "Service" into a certain region or scope and separately specify the available time by region or scope.
• Notwithstanding Paragraph 2, the company may suspend all or part of the "Service" in each of the following cases. In this case, the company shall notify the reason and period of the suspension in advance by means of a pop-up screen in the "Service" or a notification by the method specified in Article 4. However, if there are unavoidable circumstances that cannot be announced in advance, it may be notified after the fact. The company shall not be liable for the suspension of the "Service" in accordance with this Paragraph.
• For system operations is needed, such as regular system checks, server expansion and replacement, network instability, backup, etc.
• If it is impossible to provide normal "Service" due to power outages, failures of "Service" facilities, overload of "service" use, repair/maintenance or inspection of facilities by telecom operators, etc.
• In the event of a war, incident, natural disaster or similar national emergency, fire, accident, hacking, etc., circumstances beyond the company's control;
• If the provision of the "Service" is not possible or restricted due to reasons such as failure or inspection of the "Third party service" associated with the "Service"

Article 16 (Changes in “Service”)

• The company may change the contents of the "Service" and the operational and technical matters in order to provide a stable "Service".
• If the company changes the "Service", the company will notify the user in advance by specifying the changes and the effective date. However, if there is an unavoidable reason why the company cannot notify in advance, it may be notified after the fact.
• If the user does not agree to the change of the "Service", the user may terminate the use contract by deleting the user account.

Article 17 (User Game Service)

• Users may provide “User Game Services” and enable other users play their “Games” on the “CRETA Platform”. “Users who wish to provide “User Game Services” must obtain the prior approval of the company in accordance with the procedures and methods prescribed by the company.
• The user who provides the "User Game Service" may determine the "Contents" to be included in the corresponding "Game" and impose its own terms and conditions and policies. If another user uses the "User Game Service", it is deemed that a contract for the use of the " User Game Service" has been signed between the users. The company shall not assume any responsibility or obligation in connection with the "User Game Service".
• The Company may, at its discretion, refuse to provide the "User Game Service" or take measures such as restricting, suspending, or deleting it.

Article 18 (Cryptocurrency)

• Within the “CRETA Platform”, only the "Cryptocurrency" allowed by the company can be used.
• In principle, the user must purchase a “Cryptocurrency” via a separate "Cryptocurrency" exchange operated by a third party. However, users can acquire “Cryptocurrency” using “Services” such as “Assets” trade, “User Game Service” etc. within the “CRETA Platform”.
• The company does not support the cashing out of "Cryptocurrency". In order for the user to cash out the "Cryptocurrency", the user must use a separate "Cryptocurrency" exchange operated by a third party.

Article 19 (The Use of CRETA Marketplace)

The Company may provide online wallet service via web or application for digital asset management. Information such as the password, private key, and recovery phrase etc. are required to use for the CRETA Wallet Service. The Company does not separately save or manage password etc. and it is technically impossible for Company to restore. Therefore, to use CRETA Wallet, the user is responsible for storing, and managing all information required to use CRETA Wallet. The Company does not bear any liability such as restoring the information etc.

The digital asset management includes but is not limited to store, transfer, exchange, trade, financial service etc. and the Service may expand through an update etc. THE COMPANY DOES NOT GUARANTEE COMPLETENESS OF INTEGRITY OF SERVICES THAT INCLUDE DIGITAL ASSET STORING, SENDING, EXCHANGING, TRADING, FINANCIAL SERVICES ETC. AND DOES NOT GUARANTEE LOSS OR REWARDS OCCURRED THROUGH THE SERVICE. USERS AGREES THAT ALL SERVICES MAY SUSPEND OR CHANGE AT ALL TIMES DEPENDING ON THE BLOCKCHAIN NETWORK, TECHNOLOGY, ENVIRONMENT, AND SEVERAL CIRCUMSTANCES. WHEN USING THE SERVICE, IT IS CONSIDERED TO BE AGREED TO THE CONTENTS SPECIFIED IN THIS DOCUMENT.

THE TAX TREATMENT OF DIGITAL ASSET TRANSACTIONS IS UNCERTAIN, AND IT IS THE MEMBER’S RESPONSIBILITY TO DETERMINE WHAT TAXES, IF ANY, ARISE FROM THESE TRANSACTIONS. MEMBERS ARE SOLELY RESPONSIBLE FOR REPORTING AND PAYING ANY APPLICABLE TAXES ARISING FROM STAKING THROUGH THE COMPANY'S SERVICE AND ALL RELATED TRANSACTIONS, AND ACKNOWLEDGE THAT THE COMPANY DOES NOT PROVIDE INVESTMENT, LEGAL, OR TAX ADVICE TO A MEMBER IN CONNECTION WITH SUCH ELECTION TO PARTICIPATE. USERS SHOULD CONDUCT THEIR OWN DUE DILIGENCE AND CONSULT ADVISORS BEFORE MAKING ANY INVESTMENT DECISION INCLUDING WHETHER TO PARTICIPATE IN SERVICE AND RELATED TRANSACTIONS.

Article 19 (The Use of CRETA Marketplace)

• The user may sell or purchase "Assets" in the "CRETA Marketplace". The company does not guarantee the delivery of the "Assets" and does not guarantee that other users will purchase or use the "Assets".
• The sale price for all "Assets" traded on the "CRETA Marketplace" shall be set at the amount determined by the "Seller" or in the manner determined by the "Seller", and it is deemed that the "Buyer" agrees to purchase at the "Sales Price" when purchasing. The company does not guarantee the adequacy of the selling price.
• A contract for the transaction of "Assets" shall be concluded between the users in accordance with the methods and procedures prescribed by the company, and the specific terms and conditions of the transaction shall be in accordance with the contents of the contract.
• When the user sells "Assets" on the "CRETA Marketplace", he/she acknowledges and agrees to each of the following:
• The user may download "Assets" from the "CRETA Platform" operated by the company or from the "Third Party Services" linked to or included therein.
• The "Seller" may grant rights and authorities to the "Buyer" only to the extent of the rights and authorities it holds with respect to the "Assets". However, in the case of NFTs, unless the "Seller" expressly restricts its rights and rights, the "Ownership" of the "Assets" subject to the NFT shall be deemed to have been transferred to the "Buyer", and the disposal of the NFTs such as resale is permitted.
• The "Seller" shall not exercise the right and authority to use such "Asset" within the scope of the rights and authorities conferred on the "Buyer" (which, in NFT, refers to the rights and powers established in NFT).
• When the user purchases "Assets" from the "CRETA Marketplace", the user acknowledges and agrees to the following:
• The "Seller" or the third party holds the "Intellectual Property Rights" in respect of the "Assets", and the "Intellectual Property Rights" are not transferred to the "Buyer". Therefore, the "Buyer" may not use the "Assets" for commercial purposes, such as reproduction, creation of secondary works, etc.
• The rights and authorities granted to the "Buyer" (in the case of NFTs, this refers to the rights and authorities established in NFTs) may vary by "Asset".
• The "Buyer" has the right and authority to use "Assets" only within the scope of the rights granted to the "Buyer" (which in NFT refers to the rights established in NFT), and within that scope, "Assets" can be used, profitable and disposed of. The "Buyer" shall not exercise its rights and authorities beyond its rights and powers and shall not engage in any act that violates the "Intellectual Property Rights" and other rights of the "Seller" or a third party. Any "Buyer" who violates this may be subject to legal liability.
• If the user trades "Assets" as "Cryptocurrency" on the "CRETA Marketplace", all transactions must be carried out only through the blockchain network on which the "Cryptocurrency" was minted. In addition to "cryptocurrency", the company may support other payment methods such as cash, card payment, etc. However, the company has no control over these payments or transactions, nor does it have the ability to cancel transactions. The company shall not be liable to the user or any third party for any claim or damage that may arise as a result of the transactions performed by the user on the "CRETA Marketplace".
• The transaction of "Assets" between users shall be lawfully carried out in accordance with these Terms. Any person who purchases or transfers "Assets" in a manner other than formally supported by the company and/or in a manner that violates applicable laws and regulations may not be guaranteed any rights or authorities under this Section.
• The company is only the operator of the "CRETA Marketplace", is not a party to the transactions between the users, and does not bear any liability for the objects of the transaction and the transactions. The Company makes no representations or warranties regarding transactions with "Assets" between users, including the existence or absence of the lawful authority or rights of the "Seller", the accuracy and truthfulness of the information about the "Assets" such as "User Information", "Metadata", etc., the originality, legality, and adequacy of the transaction price. The company shall not be liable for any dispute that may arise as a result of the transaction between the "Seller" and the "Buyer".

Article 20 (Provision of information and the Publication of Advertisements)

• The company may provide the user with various information deemed necessary during the user's use of the "Service" by means of announcements, e-mails, social media messages, etc. However, the user may unsubscribe from e-mails at any time, except for transaction-related information in accordance with relevant laws and regulations, and answers to customer inquiries, etc.
• If the information of Paragraph 1 is to be transmitted by telephone or simulated transmission device, it will be transmitted with the prior consent of the user. However, it is excluded from replying to the user's transaction-related information and customer inquiries.
• The company may display advertisements on the "Service" screen, etc., in connection with the operation of the "Service", and may provide it to users who have consented to receive it by means of e-mail or social media message.
• The company shall not be liable for any loss or damage incurred by the user as a result of the user's participation in promotional activities with advertisers on the "Service" or through the "Service", or as a result of communication or transaction with advertisers.

Article 21 (Fees, etc.)

• The company may charge a fee for the user's use of the "Service" as follows. The user shall pay the fee accordingly.
• The user shall create "Assets" using "CRETA STUDIO", mint NFTs, trade "Assets" in the "CRETA Marketplace", or pay the "Gas Fees" incurred when using other "Services".
• If the user trades "Assets" on the "CRETA Marketplace", a portion of the transaction amount shall be paid to the company as a commission.
• If the user obtains revenue through the "User Game Service", a portion of the revenue shall be paid to the company as a commission.
• Specific fees, person responsible for fees, etc. shall be in accordance with the operation policy notified separately by the company.

Article 22 (Chargebacks, etc.)

• The user cannot cancel the completion of the transaction on the blockchain network, such as the completion of the creation of the "Asset" using the "CRETA STUDIO", the completion of the NFT minting, the completion of the transaction of the "Asset" on the "CRETA Marketplace", or the payment of "Cryptocurrency" for the use of the "User Game Service"
• The return of "Assets" by mutual agreement for the cancellation of transactions between users shall be treated as a new transaction and may be subject to fees in accordance with these Terms and Conditions. Unless it is due to reasons attributable to the company, fees already paid, etc., will not be refunded under any circumstances.

Article 23 (Prohibited Acts)

The user shall not perform the act of using the "Service" for the each of the following purposes:

• Except as permitted by these Terms, decompile, disassemble, reverse engineering, copy, transmit, or otherwise use the "CRETA Platform" in any unlawful or fraudulent manner;
• Systematically search for "Contents" provided or contained in the "Service" and directly or indirectly create or compile any collection, editing, database or directory without the written permission of the company;
• Disrupt or overburden the network connected to the "Service" or the "Service" itself.
• Unauthorized intrusion into the "Service" or the company's systems or networks;
• Disable the security and authentication means of the "Service" or the company's systems or networks
• Unlawful, harassing, abusive, threatening, harmful, invasive of another's privacy, vulgarity, defamation, insult, falsehood, intentional misleading, pornography, obscenity, racism, hatred, bigotry, loathing, slander, or any other act that is mentally damaging or offensive;
• Promoting, advocating, or supporting a crime or illegal activity, such as providing educational information about illegal activities, linking them, or inflicting physical harm;
• Infringement of "Intellectual Property Rights", "Ownership", personal information self-determination rights, publicity rights and other rights of the company or a third party
• Registration and acquisition of "intellectual property rights" for "Assets" without the consent of the legitimate right holder
• Cause abnormal fluctuations in the selling price or value of an "Asset" through repeated transactions with a specific user
• Make any unsolicited or unauthorized advertising, promotional materials, junk mail, spam, lucky letters, illegal multi-level sales or other forms of solicitation, offer, or linkage
• Stating or implying that the company provides, sponsors or warrants in any way the user or the "User Assets" and/or its "Metadata" (including the "Metadata" of the "Land" edited by the User);
• The act of stealing the name (e.g., the act of a minor user stealing the name of a third party and using the "Service")
• Creating, soliciting, providing, making connections, etc. of gambling, casino-style games or probability games
• Making, providing, or linking assets that contain harmful contents to minors
• Acts that negatively affect the "Service", such as interfering with the provision or use of the "Service" or causing a disability;
• Other Illegal Acts

Article 24 (Personal Information Protection)

The company strives to protect the personal information of users in accordance with relevant laws and regulations. The protection and use of personal information within the "CRETA Platform" is subject to the relevant laws and regulations and the company's Privacy Policy. However, the company's personal information processing policy does not apply to "Third Party Services".

Article 25 (Cookies)

We employ the use of cookies and/or similar technologies: web beacons, browser analysis tools, server logs, pixels, and mobile identifiers. By accessing our system, you agree to use cookies and/or similar technologies in agreement with the Privacy Policy. Most interactive mobile applications use cookies to retrieve their users’ details for each visit. Cookies and similar technologies are used by the company to enable the functionality of certain areas to make it easier for you and any other registered accounts of Company. Some of our affiliate/advertising partners may also use cookies and/or similar technologies.

Chapter 5. Restrictions on Use and Risks, etc

Article 26 (Restrictions on Use, etc.)

• In accordance with the laws and policies of certain countries, the use or transaction of blockchain-based "Services" or certain "Assets", "User Game Services", etc. may be prohibited or restricted. In this case, the company will restrict the provision of the "Service" to users in the relevant countries. Users from that country must also not access or use the “Service”.
• If the user falls under any of the following subparagraphs, the company may take measures such as warning the user, restricting the use (suspension of use, suspension of permanent use), and termination of the use contract.
• violates any prohibition under Article 21;
• If you are or reasonably suspect that you are engaged in illegal activities such as money laundering, unfair transactions, or criminal activities;
• If any other user violates any of the obligations of these Terms
• If the user continues to not log in for more than 1 year, the company may restrict the use for the purpose of protecting the user's information and the efficiency of the operation.
• In the case of restrictions on the use of "Services" under this Article, the company shall notify the user of such restrictions in accordance with the method prescribed in Article 4.
• The user may file an objection to the restriction of use under this Article in accordance with the procedures prescribed by the company. If the company acknowledges that the objection is justified, the company should immediately resume the use of the "Service".

Article 27 (Risks Associated with Assets and Transactions)

• The price of "Assets", including "Cryptocurrency" and NFTs, is very unstable and can fluctuate rapidly. Due to this reason, the "Buyer" of the "Asset" can suffer a large loss. The company does not guarantee the value of the "Asset".
• The company does not guarantee the originality, authenticity, integrity, integrality of rights, accuracy of information, etc. of the "Assets".
• The "CRETA Platform" is not obliged to store, save or manage the user's "Assets", and the user shall store, save and manage his or her "Assets" in the wallet he or she uses, at his or her sole responsibility. "Assets" exist by records maintained on the blockchain that supports the "CRETA Platform", and all transfers of "Assets" occur only on that blockchain network.
• The information recorded on the blockchain is difficult to delete, and as a result, it may not be possible to cancel the transaction or delete the user's information.
• Depending on the upgrade of the blockchain network, the change of the hardfork, etc., the suspension of operations, etc., there may be unintended negative effects on the "Assets".
• The regulation of blockchain, "Cryptocurrency", NFT, etc. is uncertain, and the new regulations or policies will have a substantially negative impact on the use, development of "Assets", which may affect the potential usefulness or value, stability, etc. of "Assets". This means that the “Service”, in whole or in part, may be changed or terminated in whole or in part in accordance with the directives, recommendations or applicable laws and regulations of government regulators.
• There are risks associated with the use, transmission, and storage of Internet-based "Assets", including, but not limited to, system and communication risks such as hardware, software, and networks, the influx of malicious software, unauthorized access to third party information or wallets, and other hacking risks.

Article 28 (Confidentiality)

• You must not directly or indirectly disclose or make available any and all confidential or proprietary information (“Confidential Information”) in whole or in part to any third party, except as expressly permitted by Company and in accordance with these Terms relating to:
• The business, affairs, customers, clients, suppliers, or plans, intentions, or market opportunities of Company or of any of Company’s group companies;
• The operations, processes, product information, know-how, technical information, designs, trade secrets or software of Company, or of any of the Company’s group companies;
• Any information, findings, data or analysis derived from Confidential Information;
• Any other information that is identified as being of a confidential or proprietary nature.
• Information is not confidential if it is, or becomes, generally available to the public other than as a direct or indirect result of the information being disclosed by Company in breach of these Terms (except that any compilation of otherwise public information in a form not publicly known shall still be treated as Confidential Information);
• By using Company System, you agree to keep the Confidential Information secret and confidential and not use and/or exploit the Confidential Information except as instructed by Company and these Terms;
• You agree not to share, disclose and/or publish any Confidential Information shared to you by Company through Company Mobile App, email and/or any other Company platform(s) (i.e. in person and/or online) to any other third party (i.e. service provider, competitor, broker, landlord, and/or otherwise) unless authorized by Company. You understand that any reputational damage and/or caused by you to Comapny, its employees, services and other third-party member(s) may result in an investigation and termination of your use and access to Company’s system.
• Without prejudice to any other rights or remedies that Company may have, you acknowledge and agree that damages alone would not be an adequate remedy for any breach of these Terms. Accordingly, Company shall be entitled to the remedies of interim measures for any threatened or actual breach of these Terms by you;
• You shall be liable for the actions or omissions of any of your representatives, attorneys and/or their representatives in relation to the Confidential Information as if they were the actions or omissions of yourself;

You may only disclose Confidential Information to the minimum extent required by an order of any court of competent jurisdiction or any regulatory, judicial, governmental or similar body or any taxation authority of competent jurisdiction

Prohibited Use

By using Company system, you agree on behalf of yourself, not to disrupt, violate, modify, prepare derivative works of, or reverse engineer our services, knowingly or negligently use our services in a way that abuses or disrupts our reputation, our networks, or any other registered accounts and/or services.

Article 29 (Termination of Use Contract, etc.)

• The user may terminate the use contract at any time by deleting the user account.
• The company may restrict the user's use of the "Service" and request correction from the user if the user violates these Terms. If the user does not correct it within a considerable period of time or repeatedly commits the same violation more than 2 times, the company may terminate the use contract by deleting the user's account. In this case, the company will notify the user by means in accordance with Article 4.
• When the termination of the use contract is completed, all the user's information will be deleted except for the information that the company must hold in accordance with relevant laws and regulations or the information necessary for the operation of the "Service". All benefits obtained by the user through the use of the "Service" will be forfeited. The company shall not compensate for this separately, and the user shall not object to it.
• 4. Notwithstanding the preceding paragraph, if the company terminates the use contract in accordance with Paragraph 2, the company may keep the user's information for a certain period of time for the purpose of receiving and processing the user's objection.

Article 30 (Restriction on Responsibility)

• Nothing in these Terms and Conditions shall infringe on the legal rights that the user may have as a consumer of the "Service". If some countries, states, provinces and other jurisdictions do not allow the exclusion of certain warranties or the limitation of liability set forth in this Article, this Article may not fully apply to you. Instead, the exclusion of warranties or limitations of liability under this Article in that jurisdiction shall apply only to the extent permitted by the laws of that jurisdiction.
• The "Service" and any "Contents" and other "Assets" (hereinafter referred to as "Services, etc.") are provided by the company "as is" and "as available". The company makes no representations or warranties of any kind, express or implied, regarding the "Services, etc.," including the performance, quality, speed, operation, merchantability, suitability for a particular purpose, accuracy, integrity, harmlessness, etc. of the "Service etc." The user expressly agrees that the use of the "Service, etc." is entirely at the user's own risk.
• To the extent permitted by applicable law, the company makes no direct or indirect arrangements or warranties regarding any matter not specified in these Terms and Conditions in relation to the "Service". In addition, the company does not guarantee the value of the "Assets".
• The company shall not be liable for the failure or loss of the expected profit by the user using the "Service". To the maximum extent permitted by applicable law, the company shall not be liable for any loss of profits or indirect, incidental, punitive, special or consequential damages arising out of or in connection with these Terms.
• To the fullest extent permitted by applicable law, the company's total liability arising out of or in connection with these Terms shall not exceed US$100. These limitations and exclusions regarding damages also apply in the event that the remedy fails to provide adequate compensation.

Article 30 (Restriction on Responsibility)

Between the user and the company, the user is solely responsible for paying all taxes incurred as a result of the use of the "Service" (Exclude taxes levied on the company on the revenue from fees received by the company) imposed by the Government Regulatory Authority, now or in the future, as follows:

• The user shall pay or repay any tax or other charges incurred in any country, federal, state, provincial or other jurisdiction. The user may be charged various customs duties or other import or export taxes in accordance with applicable laws, treaties, etc., as well as charges imposed accordingly, the "Services" performed, or the amounts charged upon purchase or payment, etc., now or in the future, in accordance with the authority of a national, state, local or other taxing jurisdiction.
• The user may not deduct any such taxes, duties or charges from the amount paid to the company in accordance with these Terms.
• The user is responsible for reporting all the funds received to the appropriate taxing authority.

Chapter 6. Etc.

Article 32 (Force Majeure, Etc.)

If damage occurs to the user due to the following reasons, the company shall not be liable for the damage.

• If it falls under any one of the paragraphs of Article 13(3)
• When the restriction of use is made in accordance with Article 23, etc.
• In the case of asset and transaction risk under Article 24
• When there are no special provisions in the relevant laws regarding the use of "Services" provided free of charge
• If another user commits an illegal act or violates these Terms or the company's policies
• When other companies cannot control, prevent or circumvent

Article 33 (Compensation for Loss)

• The company shall not be liable for damages caused to the user due to reasons for which the company is not responsible. Even if damage is caused to the user due to reasons attributable to the company, the user may bear all or part of the liability in the event that any of the following subparagraphs is true.
• If the user knows the cause of the damage or the fact that the damage has occurred, but has not immediately notified the company.
• If the user's information, such as account or wallet information, is leaked to a third party due to the user's intention or negligence, or the user has a third party use an account, wallet, etc.;
• If there is any intention or negligence of the user in the occurrence of other damages,
• If the user causes damage to the company due to the reasons attributable to the user, the user shall compensate for the damage caused to the company.
• If the Company is obliged to compensate the user for damages, the company may compensate the user for damages by agreeing with the user and paying the "Cryptocurrency" to the user's wallet.

Article 34 (Disclaimer of Warranty, Limitation of Damages)

The company makes no warranty or representation of any kind, either express or implied, including but not limited to warranty of title or non-infringement or implied warranty of merchantability, fitness for a particular purpose, non-infringement, or other violation of rights in relation to the availability, accuracy, validity, reliability, or content of these pages and/or the site. The Company shall not be liable for any direct, indirect, incidental, or consequential damages, lost profits or for business interruption arising out of the use of or inability to use this website, even if Company has been advised of the possibility of such damages.

Article 35 (Indemnification)

You agree to indemnify, defend, and hold harmless the Company and our parent, subsidiaries, affiliates, partners, officers, directors, licensors, service providers, suppliers, interns and employees, harmless from any claim and/or demand, including reasonable attorneys’ fees, made by any third-party due to or arising out of your breach of these Terms or the documents they incorporate by reference, or your violation of any law or the rights of a third-party.

Article 36 (Governing Law and Dispute Resolution)

• In respect of disputes arising between the company and the user, United Arab Emirates, Dubai shall be the governing law.
• For any dispute arising between the company and the user, the parties agree to first attempt to negotiate informally for at least 30 days before initiating arbitration. Such informal negotiations begin with either party giving the other written notice.
• The parties agree that if the parties are unable to resolve the dispute through informal negotiation, any dispute shall be resolved only by arbitration at [Dubai International Arbitration Centre (DIAC)] in accordance with the [Arbitration Rules of Dubai International Arbitration Centre]. The arbitrator shall be [1 Arbitrators] and the language of the arbitration shall be [English]. The arbitration decision is final, binding on the parties, and enforceable.
• The parties agree that all arbitrations shall be conducted solely in their individual capacity, not as a class action or other representative action, and the parties expressly waive their right to bring a class action or file a class action
• In any case, any dispute (or cause of litigation) arising out of or in connection with the use of the "Service" shall be filed within one year after the cause arises.

Article 37 (Etc.)

• Even if the Company fails to exercise or fails to exercise its rights under these Terms and Conditions, it shall not be deemed to have waived that right.
• Even if any part of these Terms is found to be invalid in accordance with applicable laws and regulations, the remainder of these Terms and Conditions shall remain in full force and effect.
• If there is a difference between the English version and other translations, the English version will be considered priority

Article 38 (Third Party Service)

• Services" may include links and functions that may access the "Third Party Services" (hereinafter referred to as "Links, etc."). The “Third Party Service" is subject to the third Party's own Terms and Conditions and policies.
• The company is not responsible for "Third Party Services". Links, etc., do not imply any representations or endorsements, sponsorships, or affiliations with the company's "Third Party Services". Take caution before using the "Third Party Services" or initiating any transactions with connected third parties on the “Services”. Under no circumstances will the company investigate, monitor or verify the technology, content, advertising, products and/or services available in the "Third Party Service", or the accuracy, adequacy, or completeness of any transactions between the user and the third Party through the User and the “Service”.
• The company shall not be a party to any dispute between the user and the third party in connection with the "Third Party Service" under any circumstances, and shall not be liable for the "Third Party Service".