“Offer Function” Terms (Special Provisions) - English
In the event of any discrepancy, the Japanese version shall prevail.
(Purpose)
Article 1. These special provisions (hereinafter referred to as “Special Provisions”) set forth the terms and conditions for use of the offer function provided on NFTT.market (the “Service”). Capitalized terms used but not defined in these Special Provisions shall have the meanings given to them in the NFTT.market Terms of Service.
(Offer Function)
Article 2. The “Offer Function” means a function by which a User presents proposed purchase conditions for a specific NFT and, based on such conditions, may conduct the purchase and sale of such NFT.
2 When a prospective purchaser creates proposed purchase conditions for an NFT using the Offer Function (hereinafter referred to as an “Offer”), the prospective purchaser shall, for the purpose of securing performance of such Offer, lock crypto assets in a smart contract.
(Processing by Smart Contract)
Article 3. The locking, transfer, and return of crypto assets in connection with the Offer Function shall be automatically executed by a smart contract in accordance with predetermined conditions.
2 Except where the Company takes measures such as bug fixes, the Company generally cannot arbitrarily intervene in, modify, cancel, or instruct the execution of the smart contract.
(No Management or Custody of Crypto Assets)
Article 4. In connection with the Offer Function under these Special Provisions, the Company does not manage, store, or hold in custody the User’s crypto assets.
2 Crypto assets locked in a smart contract are not placed under the Company’s control or management, and such assets will be automatically transferred or returned only when the relevant conditions are satisfied.
3 Under the current specifications and ordinary operation of the Service, the Company cannot, at its own discretion, transfer, return, or withdraw crypto assets.
(Offer Acceptance and Settlement)
Article 5. A sales contract for an NFT shall be formed at the time when the owner of the NFT accepts the Offer, and the transfer of ownership of the NFT and the transfer of the payment are executed simultaneously by the smart contract.
2 The platform fee prescribed by the Company and any Royalty shall be deducted from the payment amount.
(Cancellation and Expiration)
Article 6. A prospective purchaser may cancel an Offer at any time before the Offer is accepted.
2 If an Offer has an expiration time, then after the expiration time has passed, the prospective purchaser shall, in accordance with the procedures on the smart contract, recover the locked crypto assets.
3 The Company will not exercise discretion regarding the return of crypto assets due to cancellation or expiration.
(ETH–WETH Conversion)
Article 7. A User can convert ETH to WETH using the functions of a publicly available smart contract.
2 The Company does not engage in the sale, exchange, or brokerage of crypto assets in connection with such conversion.
(Priority of Special Provisions)
Article 8. In the event of any inconsistency between these Special Provisions and the NFTT.market Terms of Service, these Special Provisions shall prevail.
Established March 2, 2026.
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