NFT ADVISORY TERMS OF SERVICE
All NFT Advisory terms form a part of our Terms of Use (Terms). Our Terms are available to view at this link. A summary of key terms relating to our membership offerings are included below.
Digital assets are volatile - Fluctuations in the price of digital assets could materially and adversely affect the value of your NFTs, which may also be subject to significant price volatility. Digital assets are, by their nature highly experimental, risky and volatile. NFTs stored within digital wallets are occasionally vulnerable to hacking.
Transactions are irreversible - Transactions carried out by the Guest Club on your behalf are irreversible, final and non-refundable.
Additional costs - You acknowledge and agree that you will be responsible for paying for the cost of a digital wallet, and for paying all gas fees and third party costs incurred as a result you buying cryptocurrency, us buying NFTs on your behalf and transferring your NFTs to your digital wallet. You understand that gas fees fluctuate constantly and cannot be determined in advance of us performing a transaction.
Risk and liability - You acknowledge and agree that you will use Guest Club's NFT advisory services at your own risk. The risk of loss in trading digital assets can be substantial. We offer no guarantees that any NFTs we recommend or purchase for you will accrue in value or can be resold. You should therefore carefully consider whether buying or selling digital assets is suitable for you in light of your circumstances and financial resources.
By using Guest Club's NFT Advisory services, you represent that you have been, are, and will be solely responsible for making your own independent appraisal and investigations into the risks of a given transaction and the underlying digital assets.
You accept all consequences of using Guest Club's NFT Advisory services, including the risk that you may lose access to your digital assets indefinitely if you lose your digital wallet’s seed recovery phrase. All transaction decisions are made solely by you. Notwithstanding anything in these terms, we accept no responsibility whatsoever for, and will in no circumstances be liable to you in connection with the use of the Guest Club for performing digital asset transactions.
Not investment advice - Under no circumstances will the providing of our services to you be deemed to create a relationship that includes the provision or tendering of investment advice.
Purchase commission - When you transfer cryptocurrency to our Guest Club digital wallet for us to buy the NFT of your choosing, you will be required transfer a sufficient amount of funds to also cover our 5% advisory commission fee and gas fees incurred as part of the purchase transaction. Once our fee has been deducted by us, we will provide you with a record of your payment to us in the form of a tax invoice.
Resale commission - When you sell your NFT, Guest Club's 10% advisory commission fee will be calculated based on the final selling price. We will invoice you our commission fee using a tax invoice.