Terms & Conditions

About Art of Science

Art of Science Chip Art NFTs created and sold by Disruptify Inc, a company based in Ras al Khaimah, UAE, under the terms and conditions outlined on this page.

Art of Science Chip Art NFTs are a set of 2,750 digital artworks (Non-Fungible Tokens, or “NFTs”) that operate on the Ethereum blockchain. An individual token is referred to here as a “AOS”. This website, https://artof.science, provides a user interface for participants to purchase NFTs, as well as to interact with any NFTs they own. During the sales period, individuals will be able to purchase AOSs on this website at a price of 0.07 ETH each using an electronic Ethereum wallet. Transactions made via the website and associated Ethereum smart contracts are managed and confirmed via the Ethereum blockchain. We do not cover the transaction fee of the Ethereum network (“Gas Fee”) and will not be liable for the acts or omissions of any third parties, nor will we be liable for any damage that you may suffer as a result of your transactions or any other interaction with any third parties including MetaMask, web browsers such as Google Chrome, and the Ethereum network. The Art of Science website and related services are provided “as is” and “as available” without any type of warranty. Participants acknowledge that, given that the Art of Science smart contract operates on the Ethereum network, there is no mechanism to undo, reverse, or reinstate any transactions. The actual AOSs are too large to be stored on the blockchain, so we took a hash of the composite image of all AOS NFTs and embedded it into the Smart Contract. Initially all data will be hosted on a private secure server to prevent the secrets of “unrevealed” AOSs from being discovered; 6 months after first mint (or the last AOS version is uncovered, whichever is sooner) we will transfer all data to IPFS. We will support such storage until at least December 31, 2031.

Your Responsibilities

By using the website and related services, you accept sole responsibility for:

  • All transactions involving Art of Science collectables
  • The safety and maintenance of your Ethereum wallet and the private key to access it
  • Checking the validity of transactions and contracts from this website prior to approval
  • Downloading your NFT Art on or before December 31, 2031, after which we may no longer support the storage of the actual NFT Art.
  • Determining what, if any, taxes apply to any transactions related to the Art of Science project, which may vary for different owners based on their place of residence for tax purposes
  • Paying any taxes due to the relevant authorities

Participant Ownership and Rights

  • Participants own their NFTs. Each AOS is a non-fungible token on the Ethereum network. Token ownership is completely managed by our smart contract and the Ethereum blockchain. We are unable to take over, freeze, or change the ownership of any of the AOSs.
  • Personal use. As long as you comply with these terms and conditions, Disruptify Inc. grants you a worldwide, royalty-free license to use, copy, and display the purchased Art, as well as any extensions of it that you create, solely for the following purposes:
    • for your personal, non-commercial use;
    • as part of a marketplace that allows the buying and selling of your Art of Science NFT, as long as the marketplace cryptographically verifies each NFT owner’s rights to display the Art to ensure that only the actual owner can display the Art; or
    • as part of a third party website or application that allows the inclusion, involvement, or participation of your Art of Science NFT, so long as that website or application cryptographically verifies each participant’s rights to display the Art for their Art of Science NFT to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the Art of Science NFT leaves the website or application.
  • Restrictions. You agree that you may not, nor permit any third party to do or attempt to do any of the foregoing without Disruptify Inc’s express prior written consent in each case:
    • use the purchased Art to advertise, market, or sell any third party product or service;
    • use the purchasers Art in connection with images, videos, or other forms of media that depict hatred, intolerance, violence, cruelty, or anything else that could reasonably be found to constitute hate speech or otherwise infringe upon the rights of others;
    • sell, distribute for commercial gain (including, without limitation, giving away in the hopes of eventual commercial gain), or otherwise commercialize merchandise that includes, contains, or consists of the purchased Art, except as expressly permitted in these Terms;
    • attempt to trademark, copyright, or otherwise acquire additional intellectual property rights in or to the purchased Art.

Creator Rights

Disruptify Inc. shall retain the rights to, including but not limited to, reproduce, adapt, modify, use, perform, display, publish, distribute, sell, and duplicate the purchased Art and any derivative works thereof, in whole or in part.

Value

AOSs are sold at their assumed market value at the time of sale, with no expectation of future increases in value. The prices of collectible blockchain assets and cryptocurrencies are extremely volatile and subjective, and individual assets such as Art of Science NFTs have no inherent or intrinsic value. Further risk is introduced by the regulatory uncertainty which surrounds crypto assets including NFTs and cryptocurrencies, changes in which could significantly impact the utility and value of the Ethereum blockchain and the ecosystem built around it. By purchasing a AOS, you accept these risks and acknowledge that your AOS may not retain its original value.