NFT Terms of Sale and License
Fiat Lux Victor LLC
Website: fiatluxvictor.com
Terms URL: fiatluxvictor.com/nft-terms
Last updated: July 25, 2026
Important summary. Most NFTs sold by Fiat Lux Victor LLC include ownership of the blockchain token and only the limited personal-use license described below. Copyright, commercial rights, reproduction rights, and rights in any depicted person do not transfer merely because an NFT is purchased. A particular NFT transfers broader rights only if its authorized listing expressly identifies it as a “Full-Rights One-of-One NFT” and the lawful purchaser receives a separate signed One-of-One NFT Copyright Assignment & Commercial Print Rights Certificate. That signed certificate controls if it conflicts with these standard terms.
These NFT Terms of Sale and License (“NFT Terms”) form a binding agreement between Fiat Lux Victor LLC, a Wyoming limited liability company (“Fiat Lux,” “Company,” “we,” “us,” or “our”), and the person or entity that bids on, purchases, receives, holds, or transfers an NFT offered or administered by us (“Buyer,” “Holder,” “you,” or “your”).
Fiat Lux acts as a private fine-art gallery, transaction administrator, seller, licensing representative, and/or authorized agent for artists, models, creators, licensors, estates, and other rights owners (collectively, “Rights Holders”). A Rights Holder need not be publicly identified. Unless a listing or separate signed instrument expressly says otherwise, Fiat Lux is the contracting seller or administrator for the transaction and grants only those rights it is authorized to grant.
1. Acceptance and electronic agreement
You accept these NFT Terms when you do any of the following with actual or constructive notice of the link to these NFT Terms:
click or check an acceptance box;
place a bid, submit an offer, or complete a purchase through an authorized listing;
claim or accept delivery of an NFT or associated file;
sign a purchase document that incorporates these NFT Terms; or
acquire an NFT from a transferor whose listing, metadata, certificate, unlockable content, or transaction record links to these NFT Terms.
If you do not agree, do not bid on, buy, accept, or use the NFT or Artwork. Electronic acceptance and records may be used to evidence the transaction to the extent permitted by the federal E-SIGN Act and other applicable law.
For a direct sale, the version displayed or incorporated at checkout controls. For a secondary transfer, the version permanently referenced in the NFT metadata, original authorized listing, unlockable content, or accompanying certificate controls. Fiat Lux may revise these NFT Terms prospectively, but a later revision will not retroactively reduce rights expressly granted in a completed purchase.
2. Eligibility, adult content, and legal capacity
You represent that:
you are at least eighteen (18) years old and have legal capacity to contract;
if you act for an entity, you have authority to bind it;
you are legally permitted to view and acquire the Artwork where you live and where you access it;
you are not subject to sanctions or restrictions that prohibit the transaction; and
you will not make the Artwork available to minors or display adult-oriented Artwork where doing so would violate law, platform rules, workplace rules, or venue restrictions.
Some Artwork may include mature themes, implied nudity, nudity, sensuality, provocative fashion, simulated danger, weapons, or other material intended only for adults. Context and content warnings are descriptive and are not guarantees that material is lawful or suitable in every jurisdiction. You are responsible for local compliance and your viewing environment.
Fiat Lux does not knowingly offer sexual content depicting an actual minor. Any attempt to use Artwork, files, or depicted persons to create unlawful sexual content, exploit minors, or evade applicable age or recordkeeping laws is a material breach and may be reported to appropriate authorities.
3. Definitions
“Artwork” means the image, audiovisual work, animation, design, or other creative material associated with an NFT, including any authorized high-resolution file delivered with it.
“Authorized Listing” means a listing published or expressly approved by Fiat Lux or its authorized marketplace account.
“Full-Rights Certificate” means a separate written instrument signed by the applicable copyright owner or duly authorized agent that expressly assigns identified rights in a specified Artwork and NFT.
“Full-Rights One-of-One NFT” means an NFT whose Authorized Listing expressly uses that designation and whose purchaser receives a matching Full-Rights Certificate.
“NFT” means the non-fungible blockchain token identified in the Authorized Listing by blockchain, contract address, and token ID.
“Personal Use” means private, noncommercial use that does not generate revenue, advertise or promote goods or services, imply endorsement, or provide material benefit to a business or third party.
“Standard NFT” means every NFT that is not documented as a Full-Rights One-of-One NFT.
“Transaction Record” means the relevant blockchain record, marketplace record, invoice, receipt, certificate, or other authenticated record identifying the NFT and purchase.
4. What an NFT purchase includes
Subject to payment, lawful acquisition, and compliance with these NFT Terms, purchase of an NFT includes:
ownership of the specific blockchain token, subject to the rules and technical limitations of the applicable blockchain and marketplace;
the right to transfer that token as permitted by these NFT Terms and applicable law;
access to any digital file, unlockable content, or physical item expressly promised in the Authorized Listing; and
for a Standard NFT, only the limited license in Section 6.
An NFT is distinct from the Artwork. Token ownership does not, by itself, transfer copyright, trademark rights, publicity or privacy rights, ownership of a depicted person’s identity, ownership of source files, or any right to reproduce or commercialize the Artwork.
5. One-of-one status and edition disclosures
“One-of-one,” “1/1,” or similar language ordinarily means that Fiat Lux and the applicable Rights Holder represent that only one NFT token of that identified edition will be authorized on the identified blockchain. Unless the Authorized Listing or a Full-Rights Certificate expressly states otherwise:
one-of-one token status does not mean that no physical prints, proofs, artist proofs, alternate edits, crops, source images, related works, or non-tokenized copies exist or may be produced;
it does not create exclusivity in the depicted person, concept, style, pose, color palette, costume, or subject matter; and
Fiat Lux and the Rights Holders may display, archive, promote, license, publish, exhibit, or sell physical editions of the Artwork.
Fiat Lux will not knowingly authorize another NFT using the identical final Artwork as an identical one-of-one edition, but blockchain copying, unauthorized minting, screenshots, counterfeits, or third-party infringement cannot be prevented or guaranteed against.
6. Standard NFT personal-use license
While you lawfully own a Standard NFT and remain in compliance, Fiat Lux, on behalf of the applicable Rights Holders, grants you a limited, worldwide, non-exclusive, royalty-free, non-sublicensable, and conditional license to:
display the unmodified Artwork privately on your personal devices and compatible wallet interfaces;
display the unmodified Artwork on a personal, noncommercial profile solely to identify the NFT as part of your collection, provided you do not imply endorsement or authorship; and
create or commission no more than five (5) physical prints, each no larger than 80 inches on the longest side, solely for private, noncommercial display.
This is a license, not a copyright assignment. No commercial, merchandising, advertising, promotional, derivative-work, sublicensing, or separate distribution rights are granted.
Physical prints made under this section may not be sold separately, used as inventory, offered as rewards, used in paid exhibitions, or exploited commercially. When you transfer the Standard NFT, you must transfer the personal prints with the NFT or destroy them within thirty (30) days, unless Fiat Lux gives written permission otherwise.
7. Full-Rights One-of-One NFTs
Broader rights transfer only when all of the following are true:
the Authorized Listing expressly states “Full-Rights One-of-One NFT” or equivalent language;
the NFT, Artwork, blockchain, contract address, and token ID match a Full-Rights Certificate;
the certificate is signed by the copyright owner or a duly authorized agent; and
the purchase price is paid and the NFT is lawfully delivered.
For that specific NFT and Artwork:
the Full-Rights Certificate determines the scope, limitations, effective time, warranties, and transferability of the assigned rights;
the certificate prevails over conflicting intellectual-property provisions in these NFT Terms; and
nonconflicting provisions concerning payment, fraud, blockchain risk, taxes, sanctions, disputes, liability, and marketplace administration remain in effect.
No website language, marketplace label, message, invoice, or NFT ownership substitutes for the signed writing required for a copyright assignment. A purported purchaser or transferee should preserve the original signed certificate and the complete chain of title.
If an Artwork includes generative-AI or other nonhuman-produced material, any assignment reaches only copyright and other rights that the assignor actually owns and can legally transfer. No certificate can create copyright in material that applicable law does not protect.
8. Rights retained in Standard NFTs
For every Standard NFT, Fiat Lux and/or the applicable Rights Holders retain all right, title, and interest they own or control in:
the Artwork and its source, working, alternate, and high-resolution files;
copyrights and exclusive rights to reproduce, adapt, distribute, publicly display, and authorize derivative works;
trademarks, trade dress, collection names, gallery names, logos, and goodwill;
names, professional names, signatures, voices, images, likenesses, personas, biographical information, and rights of publicity or privacy of depicted persons;
moral rights and attribution or integrity rights to the extent recognized and not waived; and
all rights not expressly granted in Section 6.
Under 17 U.S.C. § 204, a transfer of copyright ownership generally requires a writing signed by the copyright owner or the owner’s duly authorized agent. These standard NFT Terms do not make that transfer.
9. Prohibited uses
Unless a matching Full-Rights Certificate expressly permits the conduct, you may not, directly or indirectly:
copy, reproduce, publish, upload, distribute, broadcast, stream, publicly display, or make the Artwork available beyond Section 6;
sell, license, rent, lend, sublicense, fractionalize, tokenize, or distribute the Artwork or its files separately from the NFT;
mint another NFT or blockchain asset using the Artwork;
create, commission, distribute, or exploit an adaptation, crop, animation, filter, remix, composite, derivative work, or substantially similar commercial version;
use the Artwork on merchandise, apparel, packaging, books, media, posters for sale, advertising, sponsorships, fundraising, promotions, paid content, or monetized accounts;
use the Artwork or depicted person to imply endorsement, affiliation, consent, authorship, political support, product use, or participation;
use the Artwork, file, metadata, or depicted person for facial recognition, biometric extraction, dataset creation, model training, fine-tuning, retrieval augmentation, machine learning, generative AI, synthetic media, face swapping, voice cloning, or deepfakes;
create pornographic, sexually explicit, defamatory, deceptive, hateful, unlawful, harassing, or reputationally harmful material based on the Artwork or any depicted person;
remove or falsify provenance, authorship, copyright, certificate, watermark, metadata, or edition information;
register or claim copyright, trademark, publicity rights, or other ownership inconsistent with the rights actually granted;
use bots, wash trading, deceptive bids, false scarcity, market manipulation, stolen payment methods, or unlawful funds; or
help another person do any prohibited act.
A contractual restriction on AI training or other use is not a representation that every such act would independently constitute copyright infringement in every jurisdiction.
10. Name, likeness, persona, and endorsement
Purchase of an NFT never purchases a human identity. Except to display the unmodified Artwork as expressly allowed, no right is granted to use any depicted or associated person’s name, professional name, likeness, body, face, voice, signature, persona, story, biographical details, or reputation.
Even a Full-Rights Certificate assigning copyright does not transfer an individual’s publicity, privacy, defamation, endorsement, trademark, or personal rights unless the certificate expressly and validly says so. Ownership of copyright in an image is not permission to claim that a depicted person endorses a product, service, political position, sexual context, or commercial campaign.
Rights Holders and depicted persons are intended third-party beneficiaries of Sections 8 through 10 and may enforce those protections directly to the extent permitted by law.
11. Secondary transfers
You may transfer a lawfully acquired NFT through a lawful marketplace or private transaction, subject to these conditions:
you must not transfer a stolen, disputed, frozen, fraudulently acquired, or encumbered NFT;
you must provide the transferee a conspicuous link to these NFT Terms and all controlling certificates before transfer;
a Standard NFT’s license transfers only with the NFT, and your license ends when you no longer own the NFT;
a Full-Rights Certificate transfers only as its own terms provide and should be separately assigned and delivered with the NFT;
you may not represent a Standard NFT as conveying copyright or commercial rights; and
you may not evade or interfere with an enforceable creator-royalty mechanism.
Fiat Lux cannot guarantee that any blockchain or marketplace will technically enforce royalties. Failure of a marketplace to collect a royalty does not expand the buyer’s license.
12. Authorized files, storage, and access
Only files delivered through an Authorized Listing, verified download, order email, certificate, or other channel approved by Fiat Lux are authorized. A preview, thumbnail, social-media post, marketplace cache, screenshot, or counterfeit listing is not a grant of rights.
Blockchain records may be persistent, but associated media or metadata may depend on third-party gateways, servers, marketplaces, distributed storage, domains, or software. Unless an Authorized Listing expressly guarantees a separate archival service, Fiat Lux does not promise perpetual hosting, marketplace availability, compatibility, or access through a particular interface. You are responsible for securely preserving any delivered file and certificate.
13. Payment, taxes, gas, and transaction finality
You are responsible for:
the purchase price and all disclosed marketplace, network, gas, conversion, custody, and wallet fees;
sales, use, value-added, income, capital-gains, withholding, customs, and other taxes applicable to you;
confirming the chain, contract address, token ID, wallet address, currency, and transaction before approval; and
maintaining lawful source-of-funds records.
Blockchain transactions may be irreversible. Fiat Lux is not responsible for loss caused by an incorrect wallet address, wrong network, user error, compromised key, unsupported wallet, wallet provider, or transaction submitted outside an Authorized Listing. Fiat Lux may cancel or refuse an uncompleted transaction for suspected fraud, sanctions, legal restrictions, pricing error, technical error, or lack of authority.
14. Wallet, marketplace, blockchain, and technology risks
You understand and voluntarily accept risks including:
private-key or seed-phrase loss, theft, phishing, malware, hacking, social engineering, and unauthorized wallet access;
bugs, exploits, smart-contract failures, bridge failures, forks, chain reorganizations, congestion, gas volatility, and consensus changes;
marketplace closure, delisting, suspension, royalty-policy changes, insolvency, outages, or account restrictions;
counterfeit NFTs, copied media, false metadata, unauthorized minting, and fraudulent sellers;
legal or regulatory changes affecting NFTs, cryptoassets, taxes, custody, transfer, or market access;
price volatility, illiquidity, loss of market value, and inability to resell; and
permanent loss of access to an NFT, file, or transaction record.
Fiat Lux does not operate the blockchain or third-party marketplace and is not responsible for their acts or omissions.
15. No investment, financial, tax, or legal advice
An NFT is offered as a collectible and licensed art-related product, not as a security, investment contract, deposit, account, profit-sharing interest, or promise of appreciation. Fiat Lux does not promise market value, liquidity, resale demand, revenue, royalties to the buyer, or financial return. Statements about scarcity, provenance, artistic significance, or collectibility are not investment advice. Obtain independent legal, tax, and financial advice.
16. Seller representations and limitations
For an NFT offered directly by Fiat Lux, Fiat Lux represents only that, at the time of initial sale:
Fiat Lux is authorized to offer the NFT and grant the rights expressly described in the Authorized Listing;
the NFT identifiers in the Authorized Listing are intended to identify the offered token; and
Fiat Lux will not knowingly misdescribe a Standard NFT as a Full-Rights One-of-One NFT.
Unless a Full-Rights Certificate states otherwise, Fiat Lux does not warrant that:
every element of AI-assisted or mixed-media Artwork is independently copyrightable;
the Artwork, subject, theme, or visual style is exclusive;
no third party will copy, scrape, counterfeit, or infringe the Artwork;
a marketplace will preserve metadata, collect royalties, or continue operating;
the NFT will retain or increase value; or
the NFT or Artwork will be lawful, tax-free, or suitable in every jurisdiction.
17. Buyer representations
You represent and warrant that:
you have performed reasonable diligence on the Authorized Listing and token identifiers;
your funds and wallet are lawfully controlled by you;
you are not acquiring the NFT for unlawful market manipulation, money laundering, sanctions evasion, fraud, or infringement;
you will use the NFT and Artwork only as authorized; and
information you provide to Fiat Lux or a marketplace is accurate and not misleading.
18. Disclaimer of warranties
TO THE MAXIMUM EXTENT PERMITTED BY LAW, AND EXCEPT FOR EXPRESS WRITTEN WARRANTIES IN AN AUTHORIZED LISTING OR FULL-RIGHTS CERTIFICATE, THE NFT, ARTWORK, FILES, METADATA, SMART CONTRACT, AND RELATED SERVICES ARE PROVIDED “AS IS” AND “AS AVAILABLE.” FIAT LUX DISCLAIMS IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, QUIET ENJOYMENT, NON-INFRINGEMENT, TITLE TO THIRD-PARTY TECHNOLOGY, AND CONTINUOUS OR ERROR-FREE ACCESS.
Nothing in these NFT Terms excludes a warranty, remedy, or consumer right that applicable law does not allow the parties to exclude.
19. Remedies and termination of a Standard NFT license
The Standard NFT license automatically suspends during a material breach and terminates if the breach is not cured within ten (10) days after written notice, or immediately for intentional infringement, commercial exploitation, unlawful sexual use, deepfake use, fraud, or use involving minors.
Upon termination, you must stop using the Artwork, remove unauthorized uploads and listings, and destroy unauthorized copies. Termination does not require Fiat Lux to alter or destroy the NFT and does not erase blockchain history.
Because unauthorized use of intellectual property or likeness may cause harm that money alone cannot adequately remedy, Fiat Lux and applicable Rights Holders may seek temporary, preliminary, or permanent injunctive relief, takedown relief, preservation of evidence, and other lawful remedies. No provision eliminates any bond or procedural requirement that a court must apply.
20. Indemnification
To the extent permitted by law, you will indemnify, defend, and hold harmless Fiat Lux, its affiliates, service providers, and the applicable Rights Holders from third-party claims, losses, judgments, liabilities, penalties, and reasonable legal fees arising from:
your breach of these NFT Terms;
your unauthorized exploitation of the Artwork or a depicted person;
your fraud, unlawful conduct, market manipulation, sanctions violation, or misuse of a wallet or marketplace; or
content, products, campaigns, or representations you create using the NFT or Artwork.
Fiat Lux will give reasonable notice of a covered claim and may control the defense with counsel of its choice. You may not settle a claim in a manner that admits wrongdoing by or imposes an obligation on an indemnified party without written consent. This section does not require a consumer to indemnify Fiat Lux for Fiat Lux’s own gross negligence, willful misconduct, or liability that cannot lawfully be shifted.
21. Limitation of liability
TO THE MAXIMUM EXTENT PERMITTED BY LAW:
FIAT LUX AND THE RIGHTS HOLDERS WILL NOT BE LIABLE FOR INDIRECT, INCIDENTAL, SPECIAL, EXEMPLARY, PUNITIVE, OR CONSEQUENTIAL DAMAGES; LOST PROFITS; LOST REVENUE; LOSS OF DIGITAL ASSETS; LOSS OF DATA; OR LOSS OF GOODWILL;
FIAT LUX IS NOT LIABLE FOR THIRD-PARTY BLOCKCHAINS, WALLETS, MARKETPLACES, STORAGE, PAYMENT SERVICES, OR UNAUTHORIZED USERS; AND
FIAT LUX’S TOTAL AGGREGATE LIABILITY ARISING FROM A PARTICULAR NFT TRANSACTION WILL NOT EXCEED THE AMOUNT FIAT LUX ACTUALLY RECEIVED FROM THE CLAIMANT FOR THAT TRANSACTION, EXCLUDING TAXES, GAS, AND THIRD-PARTY FEES.
These limitations do not apply to fraud, willful misconduct, gross negligence, infringement by Fiat Lux, bodily injury caused by Fiat Lux, or another liability that applicable law does not permit to be limited. Some jurisdictions do not permit certain exclusions, so part of this section may not apply to you.
22. Dispute notice, arbitration, and class-action waiver
Please read this section carefully. It affects the right to a jury trial and to participate in a class action.
Before filing a claim, the claimant must send a written notice describing the dispute, relevant transaction, requested relief, wallet address if relevant, and supporting records to studio@fiatluxvictor.com. The parties will attempt in good faith to resolve the dispute for thirty (30) days. Either party may bring an individual claim in a court of competent small-claims jurisdiction if it qualifies.
Except for small-claims matters, intellectual-property or likeness claims seeking urgent injunctive relief, and claims that applicable law prohibits from arbitration, any unresolved dispute will be resolved by individual binding arbitration administered by the American Arbitration Association (“AAA”) under its Consumer Arbitration Rules for a consumer transaction or its applicable Commercial Arbitration Rules for a nonconsumer business transaction.
For a consumer claim:
the arbitration may proceed by documents, telephone, video, or in the claimant’s home area when required by AAA rules or applicable law;
Fiat Lux will pay fees it is required to pay under the AAA Consumer Arbitration Rules;
the arbitrator may award any individual relief available in court; and
Fiat Lux will submit or register this consumer clause with AAA when required for administration.
Claims must be brought only in an individual capacity. Neither party may act as a plaintiff or class member in a class, collective, consolidated, coordinated, mass, or representative proceeding to the extent this waiver is enforceable. If a court finally determines that a particular claim or requested public injunctive relief cannot be arbitrated individually, only that claim or remedy may proceed in court after the remaining arbitrable issues are resolved.
Thirty-day arbitration opt-out. A buyer may opt out of this arbitration section by emailing studio@fiatluxvictor.com within thirty (30) days after the buyer’s first purchase governed by these NFT Terms. The notice must include the buyer’s full name, transaction date, NFT identifier, wallet address, and a clear statement that the buyer opts out of arbitration. Opting out does not affect the remaining NFT Terms.
23. Governing law and permitted court proceedings
Wyoming law governs these NFT Terms without regard to conflict-of-law rules, except that the Federal Arbitration Act governs the arbitration section and mandatory consumer laws remain applicable where they cannot be waived.
Subject to Section 22, permitted court proceedings must be filed in a state or federal court with jurisdiction in Wyoming, unless mandatory consumer law requires another forum. Each party consents to personal jurisdiction there.
24. International purchasers
Fiat Lux may restrict sales by territory. You are responsible for import, export, sanctions, tax, consumer, content, and cryptoasset laws applicable to you. If you are a consumer in a jurisdiction that provides mandatory protections, these NFT Terms do not waive those protections. The English-language version controls to the extent permitted by law.
25. Privacy, verification, fraud prevention, and records
Fiat Lux and its providers may collect transaction, wallet, device, payment, identity-verification, tax, shipping, and communications data for order administration, sanctions screening, fraud prevention, legal compliance, rights enforcement, and dispute resolution, subject to the posted privacy policy and applicable law.
Fiat Lux may preserve the version of these NFT Terms accepted, acceptance timestamp, transaction data, marketplace record, communications, delivery evidence, and certificates. Fiat Lux may request identity or source-of-funds information when reasonably required and may refuse or pause an uncompleted transaction if verification is not completed.
26. Miscellaneous
Entire agreement. The Authorized Listing, these NFT Terms, the Transaction Record, and any applicable Full-Rights Certificate form the complete agreement for the NFT. A Full-Rights Certificate controls only to the extent stated in Section 7.
Order of precedence. For conflicts: (1) a valid Full-Rights Certificate; (2) a separately signed purchase agreement; (3) the Authorized Listing; (4) these NFT Terms; and (5) general marketplace terms, unless mandatory marketplace terms must control the marketplace service itself.
No agency or partnership with Buyer. The transaction does not create employment, partnership, joint venture, fiduciary, franchise, endorsement, or agency between Buyer and Fiat Lux or any Rights Holder.
Assignment. You may assign only those rights that validly travel with a lawful NFT transfer. Fiat Lux may assign its rights and obligations to an affiliate, successor, purchaser of the relevant business, or authorized rights administrator.
Severability and reformation. If a provision is unenforceable, it will be enforced to the maximum lawful extent or severed, and the remainder will continue.
No waiver. A failure to enforce a provision is not a waiver.
Force majeure. Fiat Lux is not liable for delay caused by events outside reasonable control, but this clause does not eliminate refund or cancellation rights that applicable law requires.
Headings and summaries. Headings and the opening summary aid readability; the complete operative provisions control.
Survival. Provisions concerning retained rights, prohibited uses, payment, taxes, warranties, indemnification, liability, disputes, records, and miscellaneous terms survive transfer or termination as applicable.
27. Contact
Fiat Lux Victor LLC
Sheridan, Wyoming, United States
Email: studio@fiatluxvictor.com
Terms: https://fiatluxvictor.com/nft-terms
The Wyoming registered-office or mailing address is not a public gallery, studio, return location, or customer-service counter. Do not ship returns or visit without prior written authorization.
The listing you have selected includes live links to this terms disclosure:
By selecting “Buy,” “Place Bid," “Accept Offer,” or otherwise paying for and/or committing to purchase an NFT with link to this disclosure, I confirm that I am at least 18 and agree to the NFT Terms, including the license restrictions and individual-arbitration provision.
For a Standard NFT listing:
Standard NFT — limited personal-use license only. Copyright and commercial rights do not transfer. Personal printing is limited to five prints, each no larger than 80 inches on the longest side.
For a rights-assigned listing:
Full-Rights One-of-One NFT — broader rights transfer only under the separate signed certificate delivered for this token. The certificate controls the assigned rights.