NFT Market and Risk Disclosure
Welcome to the Zocialized NFT Marketplace. Before engaging in any transactions, it is crucial that you understand and accept the inherent risks associated with blockchain-based assets and this platform. By using this marketplace, you acknowledge that you have read, understood, and agreed to this disclosure.
Warning: Non-fungible tokens (NFTs) are a highly volatile and speculative asset. You should not purchase NFTs with the intent of making a financial profit or investment. The value can go down as well as up, and you risk losing everything you put in.
Inherent Risks of NFTs
- Volatility: NFT prices are extremely volatile and can fluctuate significantly due to market sentiment, trends, and other external factors. Price movements can be large, sudden, and unpredictable.
- Illiquidity: The NFT market can be illiquid. Some NFTs may be difficult or impossible to sell, especially for the price you paid, and finding a willing buyer can take a long time.
- Scams and Fraud: The NFT ecosystem is not immune to scams, including counterfeit NFTs, "rug pulls," and other deceptive practices. It is your sole responsibility to verify the authenticity and legitimacy of any NFT before purchase.
- Intellectual Property Rights: When you purchase an NFT, you typically do not acquire copyright or other intellectual property rights to the underlying artwork or content. These rights are often retained by the original creator unless explicitly stated otherwise.
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Technical and Security Risks:
- Wallet Security: You are responsible for the security of your own digital wallet. Losses due to fraudulent or accidental transactions (e.g., sending to the wrong address) are often irreversible.
- Smart Contract Bugs: Smart contracts are not flawless and can contain bugs or vulnerabilities that could lead to losses. We do not have control over these smart contracts.
- Blockchain Dependence: This marketplace relies on blockchain technology, and the performance and security of your transactions are dependent on the underlying blockchain network.
- Regulatory Uncertainty: The regulatory landscape for NFTs and cryptocurrencies is uncertain and constantly evolving. New regulations could adversely affect the market and the value of your NFTs.
- Centralized Services: While Zocialized utilizes decentralized technologies, some aspects of the platform may rely on centralized services. Failures in these services could impact your access or transactions.
Disclaimer of Liability
Zocialized acts as a facilitator for transactions between buyers and sellers but is **not a party** to any agreement between you and another user. We provide this service "as is" and assume no liability for any losses, claims, or damages arising from your use of this marketplace, including those related to the risks outlined above.
**By proceeding with a transaction on this platform, you assume all associated risks and waive any and all claims against Zocialized for any loss or damage.**
Last Revised: October 1, 2025