Non-Fungible Tokens (NFTs): The NFTs distributed by RiBT are predominantly based on Creative Commons Zero (CC0) licensed artwork. By acquiring an NFT, you gain the rights to use, modify, distribute, and display the associated artwork. However, certain traits and references within the collection that are derived from 'fair use' provisions or have been used with explicit artist permission are not covered by the CC0 license. Therefore, these specific traits cannot be used separately under a CC0 license. We strongly advise that singular traits not be used outside of the context of the entire NFT without proper attribution or permission, where necessary.
Shared Royalty Revenue Consultations: As a valued member of the RiBT Community, you play a significant role in shaping the allocation of revenues derived from the sale of NFTs ("Royalty Revenues"). Indeed, your perspectives form a crucial part of our collective journey.
In a groundbreaking step for community governance, we are leveraging AI technology to suggest potential uses for 50% of our Royalty Revenues. The community then votes on these AI-suggested directions, making for a unique blend of artificial intelligence and community consensus in steering our project's growth.
No Ownership Interest: It's crucial to understand that while your input on the Royalty Revenue usage is valued, you do not obtain any ownership rights or interests in the Royalty Revenue itself. It remains the exclusive property of the RiBT Team.
No Legal Obligation: Despite the Team valuing your suggestions, we are under no legal obligation to act upon any recommendations made by the Community about the Royalty Revenue's deployment.
No Guarantees: The RiBT Team cannot offer any representations or assurances about the potential advantages or results that may stem from the Community's input on the use of the Royalty Revenue.
Community Interest: The Team is providing this platform for Community consultation in response to the developing landscape of DAO and crypto laws, always aiming to act in the Community's best interests. We are dedicated to fostering transparency, collaboration, and mutual respect.
Risk Disclosure: Engagement in this Community, including any associated transactions, potentially exposes you to risks. These include (but are not limited to) risks linked to cryptocurrencies, blockchain technologies, and the regulatory uncertainties of this rapidly evolving sector. By participating, you acknowledge and accept these risks.
Changes to Terms: We retain the right to revise these terms at any given time. Any changes will be communicated through official twitter.
By participating in the RiBT Community and offering input on the use of the Royalty Revenue, you acknowledge and agree to these terms. If you don't agree with these terms, please refrain from engaging in this initiative.