(Last Updated 8/18/2023)
IMPORTANT LEGAL NOTICE REGARDING DRAFTKINGS MARKETPLACE TERMS OF USE
IMPORTANT! PLEASE CAREFULLY READ THESE DRAFTKINGS MARKETPLACE TERMS OF USE BEFORE USING DRAFTKINGS MARKETPLACE OR OFFERING TO PURCHASE, PURCHASING, OFFERING TO SELL, OR SELLING AN ITEM ON THE DRAFTKINGS MARKETPLACE, AS THEY AFFECT YOUR LEGAL RIGHTS AND OBLIGATIONS.
USER AGREEMENT
DK Crown Holdings Inc. ("DraftKings", "DK", "we", "us" or "our") is pleased to offer you access to, and the ability to participate in a marketplace that provides you with the opportunity to purchase, sell, and collect non-fungible tokens and physical collectibles, memorabilia, and merchandise (the "DraftKings Marketplace") as well as the ability to access and participate in the services and promotions that we may provide through the DraftKings Marketplace. DraftKings owns and operates the DraftKings Marketplace made available through our DraftKings Marketplace website (the "Website"). Your use of and access to the DraftKings Marketplace and the Website is subject to these DraftKings Marketplace Terms of Use (the "DraftKings Marketplace Terms of Use" or "Terms"), the DraftKings Social Terms of Service, and the DraftKings Marketplace Privacy Notice (the "Privacy Notice" and together with the DraftKings Marketplace Terms of Use and DraftKings Social Terms of Service, the "Agreement"). The Agreement does not apply to or govern your use of other products and/or services provided by DraftKings or its affiliates, including, without limitation, DraftKings Daily Fantasy contests, DraftKings Sportsbook, DK Horse, or DraftKings Casino. DraftKings reserves the right to change these DraftKings Marketplace Terms of Use at any time and without notice, effective immediately, and it is your responsibility to review these DraftKings Marketplace Terms of Use for any changes.
ACCEPTANCE
You agree to these DraftKings Marketplace Terms of Use by accessing or using the DraftKings Marketplace or Website, by registering for the DraftKings Marketplace (including by creating a DraftKings Account), by connecting a Self-Custodial Wallet to your DraftKings Account, by accepting, uploading, submitting, or downloading any information or content from or to the DraftKings Marketplace, by clicking "accept", "agree", "continue" or a similar selection (when the option to make such selection is made available to you), by offering to purchase, purchasing, offering to sell, selling, or advertising a Marketplace NFT through the DraftKings Marketplace, or by holding a Marketplace NFT in your DraftKings Account. IN THE EVENT YOU DO NOT AGREE TO BE BOUND BY THESE DRAFTKINGS MARKETPLACE TERMS OF USE, DO NOT USE THE DRAFTKINGS MARKETPLACE AND DO NOT BUY OR SELL ANY MARKETPLACE NFTS OR PHYSICAL COLLECTIBLES, MEMORABILIA, OR MERCHANDISE. In the event you continue to use or access the DraftKings Marketplace after we change the DraftKings Marketplace Terms of Use, you accept all changes. These DraftKings Marketplace Terms of Use constitute a legal agreement between you and DraftKings and shall apply to your use of the DraftKings Marketplace even after termination of your DraftKings Account or termination of these Terms.
CERTAIN DEFINITIONS
In addition to other terms used and defined throughout these DraftKings Marketplace Terms of Use, the following capitalized terms shall have the following meanings:
"Content" means content, materials, art, design, and drawings, in any form or media, including, without limitation, images, photographs, audio, or videos.
"DraftKings Account" means a custodial wallet or other digital repository made available by DraftKings for personal use to facilitate participation in the DraftKings Marketplace in accordance with these DraftKings Marketplace Terms of Use and in which Marketplace NFTs, and related data and information, may be stored.
"DraftKings NFT" means an NFT initially and directly sold or offered for sale by DraftKings or its affiliate(s) on the DraftKings Marketplace. For clarity, (a) a "DraftKings NFT" includes any NFT that is sold not only in a DraftKings NFT Primary Sale by DraftKings but also any NFT that is sold in a Secondary Sale by persons or entities who are not DraftKings or its affiliate(s), so long as DraftKings or its affiliate(s) initially and directly sold or offered for sale such NFT on the DraftKings Marketplace; (b) the description of the NFT notes that the NFT is supplied by DraftKings; and (c) a Marketplace NFT is not a DraftKings NFT unless it meets the conditions of this definition.
"DraftKings NFT Fees" means (a) any fees payable to DraftKings, DraftKings' licensors, or their respective designees in connection with the sale of a DraftKings NFT, whether in a DraftKings NFT Primary Sale or a DraftKings NFT Secondary Sale and (b) any transaction fees, service fees, marketplace fees, payment processing fees, gas fees, network fees, or other fees charged by DraftKings or its service providers to facilitate a DraftKings NFT Primary Sale or a DraftKings NFT Secondary Sale.
"DraftKings NFT Primary Sale" means the initial sale of a DraftKings NFT that is sold by DraftKings to an initial purchaser on the DraftKings Marketplace.
"DraftKings NFT Purchase Price" means the price at which the DraftKings NFT is sold at, whether in a DraftKings NFT Primary Sale or a DraftKings NFT Secondary Sale.
"DraftKings NFT Secondary Sale" means any sale of a DraftKings NFT on the DraftKings Marketplace subsequent to the DraftKings NFT Primary Sale of such DraftKings NFT, regardless of whether the seller is a third party or DraftKings.
"Intellectual Property Rights" means any copyrights, trade secrets, trademarks, know-how, patent rights, or any other intellectual property or proprietary rights recognized in any country or jurisdiction in the world.
"Marketplace NFT" means an NFT (as defined below) sold or otherwise transacted at any time directly through the DraftKings Marketplace regardless of whether it is sold directly by a third party or by DraftKings.
"NFT" means a token implemented on a blockchain using smart contracts, such as, by way of example but not limitation, a non-fungible token conforming to the ERC-721 or ERC-1155 standard on the Ethereum blockchain network, that has a unique identification. The NFT is separate and distinct from the Content or any Intellectual Property Rights with which it may be linked or associated. An NFT is not a medium of exchange or convertible virtual currency and does not grant the owner any rights associated with owning a security.
"Original Content Provider" means the person who provides the Content that is linked to a Marketplace NFT.
"Physical Collectible" means all physical collectibles, memorabilia, and merchandise , such as baseball cards, game-worn jerseys, etc., listed for sale on the DraftKings Marketplace.
"Primary Physical Collectible Sale" means the initial sale of a Physical Collectible that is sold by DraftKings to an initial purchaser on the DraftKings Marketplace. For clarity, a Primary Physical Collectible Sale does not include the purchase and sale of Physical Collectibles that are listed and sold on the DraftKings Marketplace by a third party.
"Primary Sale" means the initial sale of a Marketplace NFT to an initial purchaser on the DraftKings Marketplace.
"Secondary Sale" means any purchase and sale that is not a Primary Sale or Primary Physical Collectible Sale, including the purchase and sale of either: (1) any Physical Collectible sold by a third party; or (2) a Marketplace NFT, including a DraftKings NFT, that is sold by a third party subsequent to the Primary Sale.
"Self-Custodial Wallet" means third-party wallet software connected to a DraftKings Account that allows a person to store and hold custody of public and private keys associated with NFTs without reliance on DraftKings or any third party.
DRAFTKINGS ACCOUNT
You must be at least the legal age of majority in your local jurisdiction or territory (and in no case less than eighteen (18) years of age to open a DraftKings Account, connect a Self-Custodial Wallet to your DraftKings Account, participate in the DraftKings Marketplace, purchase, sell, or hold a Marketplace NFT, purchase a Physical Collectible, or participate in any promotions offered by the Website. Higher age restrictions may apply to certain promotions and other features or products, including, without limitation, DraftKings Reignmakers contests. DraftKings may require proof of your age and/or residency in such form and at such times as DraftKings, in DraftKings' sole and absolute discretion, determines appropriate. You may establish only one (1) DraftKings Account per person to participate in the DraftKings Marketplace. In the event DraftKings discovers that you have opened more than one (1) DraftKings Account per person, in addition to any other rights that DraftKings may have, DraftKings reserves the right to suspend or terminate any or all of your DraftKings accounts (including, without limitation your DraftKings Accounts).
DraftKings may permit you to connect an eligible Self-Custodial Wallet to your DraftKings Account for purposes of receiving and holding eligible Marketplace NFTs, provided that you are in compliance with these DraftKings Marketplace Terms of Use. Notwithstanding anything to the contrary, DraftKings has the sole discretion (i) to determine which Self-Custodial Wallets are eligible to be connected to any DraftKings Account, (ii) to prohibit for any reason at any time the connection of any Self-Custodial Wallet to any DraftKings Account, and (iii) impose additional terms and conditions on you before permitting you to connect an eligible Self-Custodial Wallet to your DraftKings Account. You acknowledge and agree that Self-Custodial Wallets are not associated with, maintained by, supported by, or affiliated with DraftKings.
You are responsible for maintaining the confidentiality and security of your login names and passwords, and you accept responsibility for all activities, charges, losses (including, without limitation of funds and NFTs), and damages that occur under your DraftKings Account. You are responsible for maintaining the confidentiality and security of your Self-Custodial Wallet, including any private keys, passwords, seed phrases, or secret recovery passwords. The private keys, passwords, seed phrases, and/or secret recovery passwords associated with your Self-Custodial Wallet are held solely by you and not by DraftKings. DraftKings has no ability to help you access or recover private keys, passwords, seed phrases, and/or secret recovery passwords associated with your Self-Custodial Wallet.
It shall be a violation of these DraftKings Marketplace Terms of Use to allow any other person to use your DraftKings Account or use your Self-Custodial Wallet to access the DraftKings Marketplace. You are responsible for ensuring you use strong and secure passwords, and you may be required to change your passwords from time to time. In the event you have reason to believe that someone is using or accessing your DraftKings Account or your Self-Custodial Wallet without your permission, you should contact us immediately. We will not be responsible for any loss or damage resulting from unauthorized use of your DraftKings Account or your Self-Custodial Wallet or your failure to notify us of unauthorized use. In the event we request registration information from you, you must provide us with accurate and complete information, and in the event such information changes, you must immediately provide such updated information to us.
You agree to abide by all applicable laws in the jurisdiction where you are located while using the DraftKings Marketplace. You agree to not use the DraftKings Marketplace or any Marketplace NFT or Physical Collectibles for any illegal purpose or in any way that violates any Intellectual Property Rights or the rights of DraftKings or third parties in any Marketplace NFTs, Content, or Physical Collectibles. By creating a DraftKings Account, you represent and warrant that you have provided us with accurate, complete, and updated information for your DraftKings Account, that you are not a Specially Designated National (as defined in 31 C.F.R 515.306) and have not been placed on any sanctions list by the U.S. Treasury Department's Office of Foreign Assets Control, the U.S. Commerce Department, or the U.S. Department of State. You agree to immediately update your DraftKings Account in the event: (a) any of your DraftKings Account information changes, (b) you have been placed on any such sanctions list, or (c) you have been identified as a Specially Designated National.
DraftKings has the sole discretion to suspend or terminate any person's access to the DraftKings Marketplace or any person's Marketplace NFT, disconnect a Self-Custodial Wallet, and/or suspend or terminate any link to or use of a DraftKings Account or any Marketplace NFT that DraftKings determines, in DraftKings' sole discretion, violates these Marketplace Terms of Use or otherwise creates any risk of harm, damage, or liability to DraftKings or its affiliates, including, without limitation, reputational risks, data loss, or damage to any of their respective websites.
You agree and acknowledge that you may hold in your DraftKings Account only Marketplace NFTs. You may not, and agree not to attempt to, deposit, transfer, or upload any cryptocurrency, NFTs, or other digital assets minted, created, or supplied by any source other than DraftKings Marketplace into any DraftKings Account. You acknowledge and agree that any such attempt is a violation of these DraftKings Marketplace Terms of Use, and any such transferred item(s) may be lost. DraftKings assumes no responsibility for any such loss. DraftKings reserves the right to disable, invalidate, or otherwise render inoperable a DraftKings Account that is used in a manner that is abusive or inappropriate, in violation of these DraftKings Marketplace Terms of Use, or that is otherwise detrimental to the DraftKings Marketplace or DraftKings, to be determined in DraftKings' sole discretion.
You agree to not grant to any person or permit any person to take or obtain a security interest, lien, or other encumbrance in your DraftKings Account or any money or NFT held in your DraftKings Account.
PURCHASES AND SALES ON THE DRAFTKINGS MARKETPLACE
The DraftKings Marketplace facilitates Primary Sales, Primary Physical Collectible Sales, and Secondary Sales of Marketplace NFTs and Physical Collectibles (collectively, "Items"). DraftKings does not set the value of any Item sold by a third party.
DraftKings Marketplace may allow owners of Marketplace NFTs and/or Physical Collectibles to offer certain Items for sale in a variety of pricing formats, including listing a flat price or auctioning to the highest bidder. When you purchase an Item on the DraftKings Marketplace, you are entering into a legally binding contract with the seller of such Item, which, in some instances, may be a third party and not DraftKings. Primary Sales, with the exception of DraftKings NFT Primary Sales, and Secondary Sales of Items may be subject to terms directly between you and the seller of the Item, including through a link to terms and conditions in the "Review purchase" window of the purchase process for the Item. The terms and conditions of such contract determine your rights and obligations with respect to the purchase of an Item.
Except for DraftKings NFT Primary Sales and Primary Physical Collectible Sales, DraftKings is not a party to contracts for the sale of Items between sellers and buyers, and DraftKings is not an auctioneer. Except as expressly set forth in these DraftKings Marketplace Terms of Use, DraftKings has no obligations, responsibilities, or liabilities with respect to the purchase or sale of such Items. Any contract between the buyer and third party seller related to the Primary Sale of a Marketplace NFT, except for a DraftKings NFT Primary Sale, or Secondary Sale of an Item shall not alter or otherwise affect these Terms or DraftKings' rights, interests, or obligations.
DraftKings reserves the right to sell Items it owns through all methods available to third parties on the DraftKings Marketplace. When you purchase a DraftKings NFT through a DraftKings NFT Primary Sale or a Physical Collectible through a Primary Physical Collectible Sale, such sale shall be governed by these DraftKings Marketplace Terms of Use, including, without limitation, the terms of the Section "DraftKings NFT Terms and Conditions" of these Terms.
The value of each and every Item on the DraftKings Marketplace, including Marketplace NFTs and Physical Collectibles, is inherently subjective and may be based on a variety of factors unique to that Item and to interested buyers, based on the different characteristics of the Item.
Except for DraftKings NFT Primary Sales or Primary Physical Collectible Sales, DraftKings has no control over and does not guarantee: the existence, quality, safety, or legality of Items; the truth or accuracy of users' content or listings; the ability of sellers to sell Items; the ability of buyers to pay for Items; or that a buyer or seller will actually complete a transaction and/or delivery of an Item.
A. Fees
DraftKings may receive, collect, or charge a service fee from, or based upon, the total purchase price of Primary Sales, Primary Physical Collectible Sales, and/or Secondary Sales of Items on the DraftKings Marketplace. In addition, DraftKings receives all revenue from DraftKings NFT Primary Sales and Primary Physical Collectible Sales.
You may be required to have a verified payment method on file to buy or sell Items. DraftKings reserves the right to require the use of certain payment methods for transactions above certain price points. In the event your payment method fails or your payment otherwise becomes past due, DraftKings reserves the right to place restrictions on your DraftKings Account, including, without limitation, suspending all pending purchases and sales. All overdue invoices, listing fees, and other sums owed to DraftKings may be subject to an interest charge of one and a half percent (1.5%) compounded per month until paid in full. DraftKings reserves the right to offset proceeds from your sale of Items with any sum past due, including interest, attorney's fees, or other collection fees. You agree that DraftKings shall have a security interest in any Item purchased from the DraftKings Marketplace to secure your payment of any obligations to DraftKings hereunder, including that DraftKings shall have the right to file a UCC-1 financing statement to secure its interests in the Item.
When you sell a Marketplace NFT through a Secondary Sale on either the DraftKings Marketplace or outside of the DraftKings Marketplace, DraftKings may collect from the seller and/or purchaser a percentage of the gross transaction price of such Secondary Sale. You acknowledge and agree that DraftKings may collect such fees through any lawful means, including directly from the purchaser or seller or through a smart contract that will pay to DraftKings and/or its designees any fees associated with further sales or transfers of such NFT that occur outside the DraftKings Marketplace. You are solely responsible for collecting and/or paying any applicable sales, use, value-added or other taxes, duties, and/or assessments imposed on you by any governmental entity in connection with your sale of an Item on or outside of the DraftKings Marketplace.
When you purchase an Item on the DraftKings Marketplace, you are responsible for paying the purchase price and any and all applicable fees the seller may require you to pay, including, without limitation, (i) DraftKings service fees, (ii) taxes that the seller, including, without limitation, DraftKings, may be obligated to pay or withhold in connection with such Primary Sale, Primary Physical Collectible Sale, or Secondary Sale, and (iii) such other fees, expenses, or charges as the seller, including, without limitation, DraftKings, may advise you of prior to completion of the Primary Sale, Primary Physical Collectible Sale, or Secondary Sale.
Unless otherwise noted, all currency references are in U.S. Dollars. All fees and charges are payable in accordance with payment terms in effect at the time the fee or the charge becomes payable. Orders will not be processed until payment has been received in full, and any holds on your account by any payment processor are solely your responsibility. Your order may be suspended or cancelled by DraftKings for any reason, including in the event the payment method cannot be verified, is invalid, or is otherwise not acceptable.
B. Selling Items on the DraftKings Marketplace
Not all Marketplace NFTs or Physical Collectibles are eligible for Secondary Sales on the DraftKings Marketplace, and you acknowledge and agree that DraftKings has sole discretion to determine which Items are eligible to be listed for and bought and sold through Secondary Sales on the DraftKings Marketplace. Eligibility of an Item for Secondary Sale may be restricted based upon, the Item supplier, the Marketplace NFT collection, the value of the Item (as estimated by DraftKings), the category of the Item, as stated elsewhere in these Terms, and the distribution method of the Item (e.g. Marketplace NFTs distributed through a free giveaway). Any restrictions on an Item's eligibility for Secondary Sale that are known by the seller at the time the Item is listed for sale will be noted on the purchase or bid confirmation page of such Item and/or on the Item's details page. The minimum sale price for an Item is twenty cents ($0.20).
You may offer eligible Marketplace NFTs that you hold in your DraftKings Account for Secondary Sale to other users of the DraftKings Marketplace, provided that you are in compliance with these DraftKings Marketplace Terms of Use and all DraftKings terms of use, policies, and procedures in place when you seek to post your Marketplace NFT to the DraftKings Marketplace for Secondary Sale. You are responsible for fees of any kind, including, without limitation, transaction fees, service fees, marketplace fees, payment processing fees, gas fees, and/or network fees-associated with any Secondary Sales outside of the DraftKings Marketplace.
You cannot sell or offer for sale on the DraftKings Marketplace any Marketplace NFT held outside your DraftKings Account, including, without limitation, in any Self-Custodial Wallet. In the event you wish to sell or offer to sell on the DraftKings Marketplace any Marketplace NFT that is held in a Self-Custodial Wallet, you acknowledge and agree that you must first transfer such Marketplace NFT back to your DraftKings Account before you can offer it for sale on DraftKings Marketplace. You acknowledge and agree that DraftKings has sole discretion to prohibit you from transferring any NFT (including, without limitation, a Marketplace NFT) held in any Self-Custodial Wallet to any DraftKings Account (including, without limitation, to your own DraftKings Account). You acknowledge and agree that you will be responsible for all fees, including, without limitation, transaction fees, gas fees, and/or network fees that are necessary to effectuate any transfers from your Self-Custodial Wallet to your DraftKings Account.
You may only sell the entirety (i.e., 100%) of your interest in any Items that you offer for sale through the DraftKings Marketplace. Without limiting the foregoing, you may not, and may not attempt to, (i) sell fractional interests in any Item, (ii) grant to any person other than DraftKings or permit any person other than DraftKings to take or obtain a security interest, lien, or other encumbrance in any Item, or (iii) sell subscriptions, licenses, or other rights to use any Item, including, without limitation, subscriptions, licenses, or other rights to view the Content associated with any Item.
When selling Physical Collectibles, you agree that you are responsible for fees of any kind, including, without limitation, shipping and insurance fees associated with delivery of the Item to the purchaser, transaction fees, service fees, marketplace fees, payment processing fees, and/or other fees associated with any Secondary Sales. DraftKings does not restrict how you manage payment of any such fees, including shifting any fees to buyer within the terms and conditions of your sale.
DraftKings does not permit the sale of alcohol, controlled substances (anywhere within the United States), firearms, gaming equipment, pornography, or any associated materials, and you acknowledge and agree not to list any such Item for sale on the DraftKings Marketplace. DraftKings further reserves its right to remove or prohibit any listing on the DraftKings Marketplace that DraftKings deems harmful, in violation of any laws or regulations, in violation of these Terms, or otherwise improper for sale on the DraftKings Marketplace, in its sole and absolute discretion, without notice to you.
You acknowledge and agree that DraftKings NFT Primary Sales and Primary Physical Collectible Sales are listed on the Marketplace along with Secondary Sales. You agree that DraftKings has sole discretion over publishing and promoting your Secondary Sale listings, including where your Secondary Sale listing appears in search and browse results on the DraftKings Marketplace and to other DraftKings Marketplace users and potential buyers. By listing an Item for Secondary Sale, you warrant that: (1) you are an Authorized Account Holder; (2) you are the legal owner of and have full title and interest in the Item listed for sale; and (3) any Item listed for sale is free and clear of any liens, encumbrances, security interests (beyond any granted to DraftKings per these Terms), or contract rights restricting the unconditional right to sell all rights, title, and interest in and to said Item. In the event you list a Physical Collectible containing an autograph for Secondary Sale, you acknowledge and agree to comply with any and all applicable state regulations concerning certificates of authenticity required for the sale of autographed collectibles.
By listing an Item for Secondary Sale, you agree to not:
Any listing templates or other guidance DraftKings provides to sellers related to listing descriptions for Items for Secondary Sale within the DraftKings Marketplace is solely informational, and you may decide to follow it or not.
C. Buying Items on the DraftKings Marketplace
By purchasing or bidding on a Marketplace NFT or Physical Collectible for Secondary Sale, you warrant that you are an Authorized Account Holder.
Any Marketplace NFT that you acquire on the DraftKings Marketplace will be held in a DraftKings Account. DraftKings may permit you to transfer eligible Marketplace NFTs from your DraftKings Account to your Self-Custodial Wallet. You acknowledge and agree that DraftKings has sole discretion to determine which Marketplace NFTs are eligible to be transferred to your Self-Custodial Wallet and to prohibit, for any reason, in DraftKings' sole discretion, any transfers of any Marketplace NFTs from the DraftKings Marketplace to any Self-Custodial Wallet. In the event DraftKings determines, in its sole discretion, that removal of a Marketplace NFT from the DraftKings Marketplace is permissible, DraftKings may require you (as the transferor) to agree to additional terms and conditions with respect to such removed NFT, including terms relating to a smart contract that will pay to DraftKings and/or its designees any fees associated with further sales or transfers of such NFT that occur outside the DraftKings Marketplace.
In the event a Marketplace NFT is removed from the DraftKings Marketplace in violation of these Terms, any license associated with such NFT (including, in the case of DraftKings NFTs, the associated NFT License) will automatically terminate (in addition to any other remedies DraftKings may have). You should refer to your DraftKings Account to determine whether the Marketplace NFT you own is eligible to be transferred to your Self-Custodial Wallet. For more information about transferability of Marketplace NFTs to your Self-Custodial Wallet, see https://help.draftkings.com/hc/en-us/categories/4404926262931-Marketplace .
In the event you want to transfer Marketplace NFTs from your DraftKings Account to your Self-Custodial Wallet, you acknowledge and agree that DraftKings may charge you fees including, without limitation, transaction fees, gas fees, and/or network fees-necessary to effectuate such transfers from your DraftKings Account to your Self-Custodial Wallet. You acknowledge and agree that you may be unable to transfer any DraftKings Marketplace NFT from a Self-Custodial Wallet back into the DraftKings Marketplace. Owners of certain Marketplace NFTs are eligible to receive utility features associated with such Marketplace NFTs. To have access to these utility features, you must hold the Marketplace NFT in your DraftKings Account and meet all applicable terms, conditions, and eligibility requirements associated with the utility. In the event you transfer a Marketplace NFT from your DraftKings Account to your Self-Custodial Wallet without meeting all applicable terms and conditions and eligibility requirements, you acknowledge and agree that you will not be eligible to receive the utility features made available to owners of such Marketplace NFTs.
You acknowledge and agree that DraftKings has the right to record ownership of any Marketplace NFT on a DraftKings internal ledger and reflect such ownership in your DraftKings Account. Once you transfer a Marketplace NFT out of your DraftKings Account to your Self-Custodial Wallet, you agree and acknowledge that DraftKings has no obligation to (and may at its sole discretion choose not to) reflect ownership of such Marketplace NFT in your DraftKings Account, and DraftKings has no obligation to, but may, in its sole discretion and without liability, continue to record future transfers of your Marketplace NFT on its internal ledger.
Some states may require by law or regulation that a seller who sells any autographed memorabilia to a consumer must provide a written certificate of authenticity at the time of sale. Such a seller may be surety bonded or otherwise insured to ensure the authenticity of any collectible that such seller sells. You acknowledge and agree that DraftKings has no control over, and does not guarantee that, any third party seller complies with any applicable requirement for a certificate of authenticity as to an autograph on a Physical Collectible.
In the event you purchase an autographed Physical Collectible from DraftKings through a Primary Physical Collectible Sale and seek to pursue damages under the warranty of authenticity of the autograph, you acknowledge and agree that DraftKings shall have the right to demand, in its sole discretion, that you return the Physical Collectible to DraftKings. You acknowledge and agree that you will immediately return the Physical Collectible to DraftKings, in the event demanded by DraftKings, prior to resolution of any claim under the warranty of authenticity of the autograph. DraftKings reserves all rights and defenses against any claim under the warranty of authenticity of the autograph on a Physical Collectible sold by DraftKings through a Primary Physical Collectible Sale, including, without limitation, requiring proof that the autograph is not authentic.
DraftKings may stop offering any Marketplace NFT, pack of Marketplace NFTs, or Physical Collectible(s) at any time, in its sole and absolute discretion, without notice to you.
Any Physical Collectible that you acquire in a Secondary Sale on the DraftKings Marketplace shall be delivered according to the terms of the sale agreement between you and the seller of that Physical Collectible, which shall be set by the seller, including whether or not you will pay the shipping and insurance fees.
Any Physical Collectible that you purchase in a Primary Physical Collectible Sale shall be delivered pursuant to the following terms:
You acknowledge and agree that all information you provide with regards to a purchase of an Item, including, without limitation, credit card or other payment information as the DraftKings Marketplace may accept through a third-party platform or system from time-to-time, is accurate, current, and complete.
You represent and warrant that you have the legal right to use the payment method you provide to a third-party platform or system that fulfills payments for Items, including, without limitation, any credit card you provide when completing a transaction. When you purchase an Item on the DraftKings Marketplace, whether through a Primary Sale, Primary Physical Collectible Sale, or Secondary Sale, you (a) agree to pay the price for such Item as set forth on the DraftKings Marketplace, any charges related to the fulfillment of the Item, including any required shipping, insurance, delivery fees, gas fees, and all applicable taxes (which may include, without limitation, sales, use, value-added and other taxes, duties, and assessments other than taxes on our net income) in connection with your purchase (the "Full Purchase Amount"), and (b) authorize us and/or a third-party platform or system that fulfills payments for Items to charge your credit card or other payment method for the Full Purchase Amount or deduct the Full Purchase Amount from your DraftKings Account balance. You acknowledge that with respect to Marketplace NFTs and/or Physical Collectibles, DraftKings may impose a fee on any Secondary Sales.
By purchasing or bidding on any listing of an Item for sale, you agree that:
D. Disputes and Indemnification
In the event of a dispute regarding the identity of the person purchasing or selling an Item through a Secondary Sale on the DraftKings Marketplace, the purchase entry or Secondary Sale (as applicable) will be deemed made by the person in whose name the DraftKings Account used to conduct the purchase or Secondary Sale (as applicable) was registered.
In the event of any Claim (as defined in the Indemnification section) from a purchaser or any third party based in whole or in part on alleged inaccuracies, failures to perform, or other allegations concerning your offer to purchase, purchase, offer for sale, or sale of an Item on the DraftKings Marketplace, you agree to indemnify and hold harmless the Company Entities and Individuals (as defined in the Limitation of Liability section) from any and all liabilities, losses, damages, injuries, and expenses, including reasonable attorneys' fees, court costs, and other legal expenses, including, without limitation, those costs incurred at the trial and appellate levels for said Claim. DraftKings may, in its sole and absolute discretion, control the defense of any Claim as set forth in the Indemnification section.
In the event you have a dispute or Claims with one (1) or more users concerning your purchase or sale of an Item in a Secondary Sale, you release DraftKings and the Company Entities and Individuals from all such Claims, demands, losses, liabilities, injuries, expenses, and damages (actual and consequential) of every kind and nature, known and unknown, arising out of or in any way connected with such disputes or Claims. By using the DraftKings Marketplace or offering to purchase, purchasing, offering to sell, or selling an Item on the DraftKings Marketplace, you expressly waive any protections (whether statutory or otherwise) that would otherwise limit the coverage of this release to include only those claims that you may know or suspect to exist in your favor at the time of agreeing to this release.
DEPOSIT OF FUNDS
"Authorized Account Holder" is defined as the natural person eighteen (18) years of age or older who is assigned to an e-mail address by an Internet access provider, on-line service provider, or other organization (e.g., business, educational institution, etc.) that is responsible for assigning e-mail addresses for the domain associated with the submitted e-mail address for registration on the DraftKings Marketplace. By inputting a payment method to participate in the DraftKings Marketplace, the Authorized Account Holder hereby affirms that the Authorized Account Holder is the lawful owner of the payment method account used to make any deposit(s) on the DraftKings Marketplace. It shall be a violation of these DraftKings Marketplace Terms of Use for any Authorized Account Holder to submit payment using any payment method that is not owned by the Authorized Account Holder.
In the event any of your deposits are charged back, any purchases, rewards, credits, and/or other bonuses or promotional offers generated in connection with the charged back deposit shall be invalidated, forfeited by you, and deducted from your DraftKings Account. In the event that any deposit made by you is canceled or does not clear for any reason, including, without limitation a charge back or not being honored by your financial institution, you agree to forfeit such deposit, and DraftKings may and reserves the right to: (i) invalidated and/or deduct the deposit amount from your DraftKings Account; (ii) charge you a service charge or debit such service charge from your DraftKings Account; (iii) suspend and/or close your DraftKings Account; and/or (iv) recover the funds using any other appropriate means, including, without limitation, utilizing a collection agency (that DraftKings will need to share your personal information with), which may have a detrimental impact on your credit rating . You are responsible for and agree to reimburse DraftKings for any and all reasonable claims, fees, fines, penalties, costs, and related expenses associated with any canceled or charged back deposits, including, without limitation, any fees or expenses related to a collection agency engaged by DraftKings.
REFUND POLICY
All Primary Sales, Primary Physical Collectible Sales, and Secondary Sales are final and non-refundable.
DraftKings Accounts that DraftKings reasonably determines are not being used may be deemed dormant or inactive. Any remaining funds held in a dormant or inactive DraftKings Account will be treated, in each case, in accordance with applicable state laws and regulations.
WITHDRAWAL OF FUNDS
You may withdraw cash from your DraftKings Account by using the "Withdrawal" option on the DraftKings Marketplace. You may be requested to complete an affidavit of eligibility and a liability/publicity release (unless prohibited by law) and/or appropriate tax forms and forms of identification, including, without limitation, a driver's license, proof of residence, and/or any information relating to payment/deposit accounts as reasonably requested by DraftKings in order to complete the withdrawal of deposits. Failure to comply with this requirement may result in disqualification and forfeiture of any deposits. Disqualification or forfeiture of any deposits may also occur in the event it is determined that you did not comply, in any manner, with these DraftKings Marketplace Terms of Use.
All taxes associated with the withdrawal of any funds from your DraftKings Account are your sole responsibility.
Any withdrawal requests, after approved by DraftKings, will be credited back to the same credit card or method of payment used to deposit funds on the DraftKings Marketplace. DraftKings will only release withdrawals to a different credit card or payment method other than that which was used to make deposit(s): (i) after the aggregate amount of such deposit(s) has already been released back to the credit card(s) or payment method(s) used for the deposit(s) (e.g. you deposited twenty five dollars ($25) with credit card A, and then seek to withdraw fifty dollars ($50), the first twenty five dollars will be withdrawn to credit card A, and the second twenty five dollars ($25) can be withdrawn to another credit card or payment method) or (ii) in such other circumstances that DraftKings, in DraftKings' sole and absolute discretion, determines to appropriate.
In the event you believe that funds held by or in your DraftKings Account have been misallocated, compromised, or otherwise mishandled, you may register a complaint with DraftKings by e-mailing support@draftkings.com or by writing to DraftKings 222 Berkeley Street, Boston, Massachusetts 02116. DraftKings shall use reasonable efforts to respond to such complaint within ten (10) days. In the event DraftKings determines that the relief requested in the complaint will not be granted, its response will set forth the specific reasons therefore. In the event more information is required for DraftKings to process the complaint, the response will note the form and nature of the necessary additional information needed.
You can request to withdraw funds from your DraftKings Account at any time. Requests for withdrawal of funds will be processed within fourteen (14) business days of receipt by DraftKings of any tax reporting paperwork required by law and any other documentation that may be required by these Terms, such as a copy of your driver's license or credit card, unless DraftKings believes in good faith that you engaged in either fraudulent conduct or other conduct that would cause DraftKings to be in violation of applicable law. To the extent applicable law requires withdrawal requests be processed in a shorter period of time than set forth in the preceding sentence, DraftKings will process such withdrawal requests in accordance with such applicable law requirements (including any such requests coming from persons physically located in Iowa, which will be processed within five (5) days, and are sent via U.S. Mail). A request for withdrawal will be considered honored in the event it is processed by DraftKings but delayed by a payment processor, credit card issuer, or by the custodian of a financial account. You can also permanently close your DraftKings Account at any time for any reason through the DraftKings customer service department. Promotional deposits, credits, and other bonuses may not be withdrawn from a DraftKings Account unless appropriate terms of the promotion are first achieved by the user.
RESTRICTIONS ON YOUR USE OF THE DRAFTKINGS MARKETPLACE
You will not:
PROMOTIONAL GIVEAWAYS AND OFFERS
From time to time, DraftKings may announce promotional giveaways, sweepstakes, contests, and other offers ("Promotions") for DraftKings Marketplace fans. Each such Promotion will be governed by its own set of official rules. We encourage you to read the official rules for each Promotion before participating.
TERMINATION AND EFFECT OF TERMINATION
In addition to any other legal or equitable remedy, DraftKings may, without prior notice, immediately revoke any or all of your rights granted hereunder, with or without cause. In such event, you will immediately cease all access to and use of the DraftKings Marketplace. DraftKings may revoke any password(s) and/or DraftKings Account identification issued to you and deny you access to and use of the DraftKings Marketplace. Any such action shall not affect any rights and obligations arising prior thereto. All provisions of the DraftKings Marketplace Terms of Use, which by their nature, should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity, and limitations of liability.
DISCLAIMER OF WARRANTIES
THE DRAFTKINGS MARKETPLACE, INCLUDING, WITHOUT LIMITATION, ALL CONTENT, SOFTWARE, AND FUNCTIONS MADE AVAILABLE ON OR ACCESSED THROUGH OR SENT FROM THE DRAFTKINGS MARKETPLACE, THE MARKETPLACE NFTS, PHYSICAL COLLECTIBLES, AND ALL CONTENT AND INTELLECTUAL PROPERTY RIGHTS ASSOCIATED WITH THE MARKETPLACE NFTS AND PHYSICAL COLLECTIBLES, ARE PROVIDED "AS IS," "AS AVAILABLE," AND "WITH ALL FAULTS." TO THE FULLEST EXTENT PERMISSIBLE BY LAW, DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES MAKE NO REPRESENTATIONS, WARRANTIES, OR ENDORSEMENTS OF ANY KIND WHATSOEVER (EXPRESS OR IMPLIED), INCLUDING, WITHOUT LIMITATION, NO WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, MERCHANTABILITY, AND/OR TITLE, ABOUT: (A) THE DRAFTKINGS MARKETPLACE; (B) THE CONTENT, NFTS, AND SOFTWARE ON OR PROVIDED THROUGH THE DRAFTKINGS MARKETPLACE, INCLUDING, WITHOUT LIMITATION, THE MARKETPLACE NFTS AND/OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS ASSOCIATED THEREWITH; (C) THE FUNCTIONS MADE ACCESSIBLE ON OR ACCESSED THROUGH THE DRAFTKINGS MARKETPLACE; (D) THE MESSAGES AND INFORMATION SENT FROM THE DRAFTKINGS MARKETPLACE BY USERS; (E) ANY PRODUCTS OR SERVICES OFFERED VIA THE DRAFTKINGS MARKETPLACE OR HYPERTEXT LINKS TO THIRD PARTIES, INCLUDING, WITHOUT LIMITATION, MARKETPLACE NFTS AND PHYSICAL COLLECTIBLES; AND/OR (F) SECURITY ASSOCIATED WITH THE TRANSMISSION OF SENSITIVE INFORMATION THROUGH THE DRAFTKINGS MARKETPLACE OR ANY LINKED SITE. DRAFTKINGS DOES NOT WARRANT THAT THE DRAFTKINGS MARKETPLACE, ANY OF THE DRAFTKINGS MARKETPLACE'S FUNCTIONS OR ANY CONTENT CONTAINED THEREIN, OR THE MARKETPLACE NFTS OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS ASSOCIATED THEREWITH, WILL BE UNINTERRUPTED OR ERROR-FREE; THAT DEFECTS WILL BE CORRECTED; OR THAT THE WEBSITES OR THE SERVERS THAT MAKE THE ITEMS AVAILABLE ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. DRAFTKINGS DOES NOT REPRESENT OR WARRANT THAT THE PHYSICAL COLLECTIBLES, MARKETPLACE NFTS, OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS ASSOCIATED THEREWITH WILL NOT INFRINGE THE INTELLECTUAL PROPERTY OR PROPRIETARY RIGHTS OF ANY PERSON OR ENTITY.
DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES MAKE NO WARRANTY OR REPRESENTATION REGARDING THE ADEQUACY OF ANY INSURANCE COVERAGE IT MAY PROVIDE FOR THE SHIPPING OF PHYSICAL COLLECTIBLES. ANY SUCH INSURANCE COVERAGE IS PROVIDED SOLELY AS AN ACCOMMODATION TO THE BUYER. ANY CLAIM BY THE BUYER FOR LOSS OR DAMAGE AS TO PHYSICAL COLLECTIBLES SOLD IN A PRIMARY PHYSICAL COLLECTIBLE SALE (1) SHALL BE LIMITED TO SUCH INSURANCE, IN THE EVENT ANY, AS IS PROVIDED BY DRAFTKINGS, AND (2) MUST BE MADE IN WRITING TO DRAFTKINGS NO LATER THAN THIRTY (30) DAYS FROM DRAFTKINGS' SHIP DATE. IN THE EVENT OF A CLAIM, THE BUYER MUST COMPLY WITH ALL OF THE REQUIREMENTS OF THE INSURANCE POLICY AND/OR SHIPPING COMPANY. DRAFTKINGS DOES NOT REQUIRE THIRD PARTY SELLERS TO INSURE DELIVERY OF PHYSICAL COLLECTIBLES SOLD THROUGH SECONDARY SALES ON THE DRAFTKINGS MARKETPLACE.
DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES MAKE NO WARRANTY OR REPRESENTATION REGARDING THE ACCURACY OF THE PHOTOGRAPHS, VIDEOS, OR DESCRIPTION OF ANY MARKETPLACE NFT OR PHYSICAL COLLECTIBLE OFFERED FOR SALE ON THE DRAFTKINGS MARKETPLACE, INCLUDING, WITHOUT LIMITATION, ITEMS SOLD BY DRAFTKINGS. BY PLACING A BID OR OFFER TO PURCHASE A PHYSICAL COLLECTIBLE ON THE DRAFTKINGS MARKETPLACE, YOU WAIVE ANY AND ALL RIGHTS TO PHYSICALLY VIEW OR INSPECT THE PHYSICAL COLLECTIBLE BEFORE COMMITTING TO THE PURCHASE OF SAID PHYSICAL COLLECTIBLE.
DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES MAKE NO REPRESENTATIONS, WARRANTIES, OR ENDORSEMENTS OF ANY KIND WHATSOEVER (EXPRESS OR IMPLIED) ABOUT ANY SELF-CUSTODIAL WALLET, INCLUDING, WITHOUT LIMITATION, NO WARRANTIES OF FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT, MERCHANTABILITY, AND/OR TITLE. YOU ACKNOWLEDGE AND AGREE THAT DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES HAVE NO RESPONSIBILITY OR LIABILITY WHATSOEVER FOR, AND HAVE NO CONTROL WHATSOEVER OVER, (A) ANY SELF-CUSTODIAL WALLET, INCLUDING WITHOUT LIMITATION (I) ANY ERRORS ARISING OUT OF OR RELATED TO ANY SELF-CUSTODIAL WALLET, (II) THE OPERATION, AVAILABILITY, OR SECURITY OF ANY SELF-CUSTODIAL WALLET, (III) THE TRANSFER OF ANY MARKETPLACE NFT TO OR FROM ANY SELF-CUSTODIAL WALLET, AND/OR (IV) THE CUSTODY AND SECURITY OF ANY MARKETPLACE NFTS IN ANY SELF-CUSTODIAL WALLET, (B) ANY MARKETPLACE NFT TRANSFERRED TO ANY SELF-CUSTODIAL WALLET, AND/OR (C) THE OPERATION OF THE BLOCKCHAIN NETWORK ON WHICH TRANSFERS OF OWNERSHIP ARE RECORDED, INCLUDING WITHOUT LIMITATION IN REGARD TO ANY MARKETPLACE NFT TRANSFERRED TO ANY SELF-CUSTODIAL WALLET. YOU ACKNOWLEDGE AND AGREE THAT YOU SOLELY BEAR ALL RISKS ASSOCIATED WITH ANY SELF-CUSTODIAL WALLET AND/OR ANY NFTS HELD THEREIN, INCLUDING WITHOUT LIMITATION (A) SECURITY RISKS, (B) RISKS ASSOCIATED WITH ANY TRANSFERS OF ANY NFT TO OR FROM ANY SELF-CUSTODIAL WALLET, AND/OR (C) RISKS THAT ANY NFT (INCLUDING WITHOUT LIMITATION ANY MARKETPLACE NFT) HELD IN, TRANSFERRED TO, AND/OR TRANSFERRED FROM ANY SELF-CUSTODIAL WALLET (I) MAY BE STOLEN, LOST, DESTROYED, AND/OR RENDERED UNUSABLE, (II) MAY LOSE FUNCTIONALITY, (III) MAY NOT BE TRANSFERRABLE TO ANY OTHER WALLET OR ACCOUNT (INCLUDING ANY DRAFTKINGS ACCOUNT) AND/OR (IV) MAY NOT BE SALEABLE OUTSIDE THE DRAFTKINGS MARKETPLACE.
DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES DISCLAIM ALL REPRESENTATIONS AND WARRANTIES REGARDING THE CURRENT OR FUTURE VALUE OF ANY MARKETPLACE NFTS OR PHYSICAL COLLECTIBLES (INCLUDING, WITHOUT LIMITATION, THAT ANY MARKETPLACE NFT OR PHYSICAL COLLECTIBLE WILL RETAIN, OR INCREASE IN, ANY VALUE IT MAY HAVE), THAT ANY MARKETPLACE NFT OR PHYSICAL COLLECTIBLE WILL BE SALEABLE, AND REGARDING THE PRICE AT WHICH YOU MAY BE ABLE TO RESELL ANY MARKETPLACE NFTS OR PHYSICAL COLLECTIBLES. YOU ACKNOWLEDGE AND AGREE THAT A MARKETPLACE NFT OR PHYSICAL COLLECTIBLE MAY NOT BE SALEABLE AND THAT, IN THE EVENT SALEABLE, THE COMPENSATION YOU MAY RECEIVE UPON A SALE OF A MARKETPLACE NFT OR PHYSICAL COLLECTIBLE IS UNCERTAIN AND YOU ACCEPT SUCH RISKS.
DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES DO NOT WARRANT THAT YOUR ACTIVITIES OR USE OF THE DRAFTKINGS MARKETPLACE IS LAWFUL IN ANY PARTICULAR JURISDICTION AND, IN ANY EVENT, DRAFTKINGS AND ITS PARENTS, SUBSIDIARIES, AND AFFILIATES SPECIFICALLY DISCLAIM SUCH WARRANTIES. YOU UNDERSTAND THAT BY USING ANY OF THE FEATURES OF THE DRAFTKINGS MARKETPLACE, YOU ACT AT YOUR OWN RISK, AND YOU REPRESENT AND WARRANT THAT YOUR ACTIVITIES ARE LAWFUL IN EVERY JURISDICTION WHERE YOU ACCESS OR USE THE DRAFTKINGS MARKETPLACE OR THE CONTENT.
DRAFTKINGS, ITS PARENTS, SUBSIDIARIES, AFFILIATES, AND THE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, AND OTHER REPRESENTATIVES OF EACH OF THEM, SHALL NOT BE LIABLE FOR THE USE OF THE DRAFTKINGS MARKETPLACE OR THE PURCHASE, SALE, OR DISPLAY OF PHYSICAL COLLECTIBLES OR MARKETPLACE NFTS, INCLUDING, WITHOUT LIMITATION, IN EACH CASE THE CONTENT OR INTELLECTUAL PROPERTY RIGHTS THEREIN OR ASSOCIATED THEREWITH OR ANY ERRORS CONTAINED THEREIN. SOME JURISDICTIONS LIMIT OR DO NOT ALLOW THE DISCLAIMER OF IMPLIED OR OTHER WARRANTIES, SO THE ABOVE DISCLAIMER MAY NOT APPLY TO THE EXTENT SUCH JURISDICTION'S LAW IS APPLICABLE TO THESE TERMS.
LIMITATION OF LIABILITY
UNDER NO CIRCUMSTANCES SHALL DRAFTKINGS, ITS PARENTS, SUBSIDIARIES, AFFILIATES OR THE DIRECTORS, OFFICERS, EMPLOYEES, AGENTS, OR OTHER REPRESENTATIVES OF EACH OF THEM OR THE SUCCESSORS OR ASSIGNS OF ANY OF THE FOREGOING (COLLECTIVELY, THE "COMPANY ENTITIES AND INDIVIDUALS"), BE LIABLE TO YOU FOR ANY LOSS OR DAMAGES OF ANY KIND (INCLUDING, WITHOUT LIMITATION, FOR ANY SPECIAL, INDIRECT, INCIDENTAL, EXEMPLARY, ECONOMIC, PUNITIVE, OR CONSEQUENTIAL DAMAGES) THAT ARE DIRECTLY OR INDIRECTLY RELATED TO (1) THE DRAFTKINGS MARKETPLACE, THE CONTENT, PHYSICAL COLLECTIBLES, THE MARKETPLACE NFTS, OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS ASSOCIATED THEREWITH, OR YOUR UPLOAD INFORMATION; (2) THE USE OF, INABILITY TO USE, OR PERFORMANCE OF THE DRAFTKINGS MARKETPLACE, PHYSICAL COLLECTIBLES, THE MARKETPLACE NFTS, OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS ASSOCIATED THEREWITH; (3) ANY ACTION TAKEN IN CONNECTION WITH AN INVESTIGATION BY DRAFTKINGS OR LAW ENFORCEMENT AUTHORITIES REGARDING YOUR USE OF THE DRAFTKINGS MARKETPLACE OR CONTENT; (4) ANY ACTION TAKEN IN CONNECTION WITH COPYRIGHT OWNERS; (5) ANY ERRORS OR OMISSIONS IN THE DRAFTKINGS MARKETPLACE'S TECHNICAL OPERATION; (6) ANY SELF-CUSTODIAL WALLET, INCLUDING WITHOUT LIMITATION THE USE OF, INABILITY TO USE, OR PERFORMANCE OR SECURITY OF ANY SELF-CUSTODIAL WALLET OR ANY TRANSFERS TO OR FROM ANY SELF-CUSTODIAL WALLET; (7) ANY NFTS (INCLUDING WITHOUT LIMITATION ANY MARKETPLACE NFTS) HELD IN, TRANSFERRED TO, OR TRANSFERRED FROM ANY SELF-CUSTODIAL WALLET; AND/OR (8) ANY ACTION ARISING OUT OF OR RELATED TO THE PURCHASE, SALE, TRANSFER, OR CUSTODY OF YOUR MARKETPLACE NFT OR PHYSICAL COLLECTIBLE OUTSIDE THE DRAFTKINGS MARKETPLACE, IN EACH CASE, EVEN IN THE EVENT FORESEEABLE OR EVEN IN THE EVENT THE COMPANY ENTITIES AND INDIVIDUALS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES, WHETHER IN AN ACTION FOR BREACH OF CONTRACT, NEGLIGENCE, STRICT LIABILITY, OR TORT (INCLUDING, WITHOUT LIMITATION, WHETHER CAUSED IN WHOLE OR IN PART BY NEGLIGENCE, ACTS OF GOD, TELECOMMUNICATIONS FAILURE, OR THEFT OR DESTRUCTION OF THE DRAFTKINGS MARKETPLACE). IN NO EVENT WILL THE COMPANY ENTITIES AND INDIVIDUALS BE LIABLE TO YOU OR ANYONE ELSE FOR LOSS OR INJURY, INCLUDING, WITHOUT LIMITATION, DEATH OR PERSONAL INJURY. SOME STATES DO NOT ALLOW THE EXCLUSION OR LIMITATION OF INCIDENTAL OR CONSEQUENTIAL DAMAGES, SO THE ABOVE LIMITATION OR EXCLUSION MAY NOT APPLY TO YOU. THE COMPANY ENTITIES AND INDIVIDUALS ARE NOT RESPONSIBLE FOR ANY DAMAGE TO ANY USER'S COMPUTER, HARDWARE, COMPUTER SOFTWARE, OR OTHER EQUIPMENT OR TECHNOLOGY, INCLUDING, WITHOUT LIMITATION, DAMAGE FROM ANY SECURITY BREACH OR FROM ANY VIRUS, BUGS, TAMPERING, FRAUD, ERROR, OMISSION, INTERRUPTION, DEFECT, DELAY IN OPERATION OR TRANSMISSION, COMPUTER LINE OR NETWORK FAILURE, OR ANY OTHER TECHNICAL OR OTHER MALFUNCTION. TO THE EXTENT THE COMPANY ENTITIES AND INDIVIDUALS' LIABILITY IS NOT ALREADY EXCLUDED PURSUANT TO THIS SECTION "LIMITATION OF LIABILITY", IN NO EVENT SHALL THE COMPANY ENTITIES AND INDIVIDUALS' TOTAL LIABILITY TO YOU FOR ALL DAMAGES, LOSSES, OR CAUSES OF ACTION EXCEED ONE HUNDRED DOLLARS ($100).
YOUR ACCESS TO AND USE OF THE DRAFTKINGS MARKETPLACE AND ANY CONTENT IS AT YOUR RISK. IN THE EVENT YOU ARE DISSATISFIED WITH THE DRAFTKINGS MARKETPLACE OR ANY OF THE CONTENT, YOUR SOLE AND EXCLUSIVE REMEDY IS TO DISCONTINUE ACCESSING AND USING THE DRAFTKINGS MARKETPLACE OR THE CONTENT. YOU RECOGNIZE AND CONFIRM THAT IN THE EVENT YOU INCUR ANY DAMAGES, LOSSES OR INJURIES THAT ARISE OUT OF DRAFTKINGS' ACTS OR OMISSIONS, THE DAMAGES, IN THE EVENT ANY, CAUSED TO YOU ARE NOT IRREPARABLE OR SUFFICIENT TO ENTITLE YOU TO AN INJUNCTION PREVENTING ANY EXPLOITATION OF ANY WEBSITE OR OTHER PROPERTY OWNED OR CONTROLLED BY DRAFTKINGS AND/OR ITS PARENTS, SUBSIDIARIES, AND/OR AFFILIATES OR YOUR UPLOAD INFORMATION, AND YOU WILL HAVE NO RIGHTS TO ENJOIN OR RESTRAIN THE DEVELOPMENT, PRODUCTION, DISTRIBUTION, ADVERTISING, EXHIBITION OR EXPLOITATION OF ANY DRAFTKINGS WEBSITE OR OTHER PROPERTY OR YOUR UPLOAD INFORMATION OR ANY AND ALL ACTIVITIES OR ACTIONS RELATED THERETO. BY ACCESSING THE WEBSITE, YOU UNDERSTAND THAT YOU MAY BE WAIVING RIGHTS WITH RESPECT TO CLAIMS THAT ARE AT THIS TIME UNKNOWN OR UNSUSPECTED. ACCORDINGLY, YOU AGREE TO WAIVE THE BENEFIT OF ANY LAW THAT OTHERWISE MIGHT LIMIT YOUR WAIVER OF SUCH CLAIMS.
THE DRAFTKINGS MARKETPLACE MAY CONTAIN LINKS TO THIRD PARTY WEBSITES THAT ARE NOT OWNED OR CONTROLLED BY DRAFTKINGS. DRAFTKINGS HAS NO CONTROL OVER, AND ASSUMES NO RESPONSIBILITY FOR, THE CONTENT, PRIVACY POLICIES, OR PRACTICES OF ANY THIRD PARTY WEBSITES. IN ADDITION, DRAFTKINGS WILL NOT AND CANNOT CENSOR OR EDIT THE CONTENT OF ANY THIRD-PARTY SITE. BY USING THE DRAFTKINGS MARKETPLACE, YOU EXPRESSLY RELIEVE DRAFTKINGS FROM ANY AND ALL LIABILITY ARISING FROM YOUR USE OF ANY THIRD-PARTY WEBSITE. ACCORDINGLY, WE ENCOURAGE YOU TO BE AWARE WHEN YOU LEAVE THE DRAFTKINGS MARKETPLACE AND TO READ THE TERMS AND CONDITIONS AND PRIVACY POLICY OF EACH OTHER WEBSITE THAT YOU VISIT.
INDEMNIFICATION
BY PARTICIPATING IN THE DRAFTKINGS MARKETPLACE, YOU AGREE TO INDEMNIFY, PROTECT, DEFEND, AND HOLD HARMLESS THE COMPANY ENTITIES AND INDIVIDUALS FROM AND AGAINST ANY AND ALL THIRD PARTY CLAIMS, LIABILITIES, LOSSES, DAMAGES, INJURIES, DEMANDS, ACTIONS, CAUSES OF ACTION, SUITS, PROCEEDINGS, JUDGMENTS, AND EXPENSES, INCLUDING REASONABLE ATTORNEYS' FEES, COURT COSTS, AND OTHER LEGAL EXPENSES, INCLUDING, WITHOUT LIMITATION, THOSE COSTS INCURRED AT THE TRIAL AND APPELLATE LEVELS AND IN ANY BANKRUPTCY, REORGANIZATION, INSOLVENCY, OR OTHER SIMILAR PROCEEDINGS, AND ANY OTHER LEGAL EXPENSES (COLLECTIVELY, "CLAIMS") ARISING FROM OR IN CONNECTION WITH YOUR BREACH OF THESE TERMS, YOUR USE OF THE DRAFTKINGS MARKETPLACE, YOUR PURCHASE OR SALE OF A MARKETPLACE NFT (WHETHER ON THE DRAFTKINGS MARKETPLACE OR OUTSIDE THE DRAFTKINGS MARKETPLACE), ANY TRANSFER OF ANY MARKETPLACE NFT TO OR FROM (OR ANY HOLDING OF ANY MARKETPLACE NFT IN) ANY SELF-CUSTODIAL WALLET, YOUR PURCHASE OR SALE OF A PHYSICAL COLLECTIBLE (WHETHER ON THE DRAFTKINGS MARKETPLACE OR OUTSIDE THE DRAFTKINGS MARKETPLACE),ANY PAYMENT METHODS USED, ANY FUNDING OF YOUR DRAFTKINGS ACCOUNT, YOUR PARTICIPATION IN ANY CONTEST, AND/OR YOUR NEGLIGENCE, WILLFUL MISCONDUCT, OR FRAUD.
DRAFTKINGS SHALL HAVE THE RIGHT TO ASSUME THE DEFENSE AND CONTROL OF ANY CLAIMS. IN THE EVENT DRAFTKINGS ASSUMES SUCH DEFENSE, (A) SUCH DEFENSE SHALL BE CONDUCTED BY COUNSEL SELECTED BY DRAFTKINGS; (B) DRAFTKINGS SHALL HAVE THE RIGHT TO CONTROL SAID DEFENSE; AND (C) YOU SHALL HAVE THE RIGHT, WITHOUT THE CONSENT OF DRAFTKINGS, TO SETTLE SUCH CLAIM, BUT ONLY IN THE EVENT SUCH SETTLEMENT INVOLVES ONLY THE PAYMENT OF MONEY, YOU PAY ALL AMOUNTS DUE IN CONNECTION WITH OR BY REASON OF SUCH SETTLEMENT AND, AS PART THEREOF, DRAFTKINGS IS UNCONDITIONALLY AND FULLY RELEASED FROM ALL LIABILITY IN RESPECT OF SUCH CLAIM. YOU SHALL HAVE THE RIGHT TO PARTICIPATE IN THE DEFENSE OF SUCH CLAIM AT YOUR OWN EXPENSE, BUT DRAFTKINGS SHALL HAVE THE RIGHT TO CONTROL SUCH DEFENSE. YOU WILL NOT MAKE ANY ADMISSIONS OF LIABILITY RELATED TO A CLAIM WITHOUT THE WRITTEN CONSENT OF DRAFTKINGS, AND YOU WILL PROVIDE ALL REASONABLE ASSISTANCE TO DRAFTKINGS RELATED TO DRAFTKINGS DEFENSE OF A CLAIM.
DRAFTKINGS CONTENT
The content on the DraftKings Marketplace, including, without limitation, the text, software, scripts, graphics, photos, sounds, music, videos, interactive features, and the like and the trademarks, service marks, and logos contained therein (the "Marketplace Intellectual Property"), is owned by or licensed to DraftKings, subject to Intellectual Property rights under United States and foreign laws and international conventions. Content on the DraftKings Marketplace is provided to you AS IS for your information and personal use only and may not be used, copied, reproduced, distributed, transmitted, broadcast, displayed, sold, licensed, or otherwise exploited for any other purposes whatsoever without the prior written consent of the respective owners. DraftKings reserves all rights not expressly granted in and to the DraftKings Marketplace and the Marketplace Intellectual Property. You agree to not engage in the use, copying, or distribution of any of the Marketplace Intellectual Property other than expressly permitted herein. In the event you download or print a copy of the Marketplace Intellectual Property for personal use, you must retain all copyright and other proprietary notices contained therein. You agree not to circumvent, disable, or otherwise interfere with security related features of the DraftKings Marketplace or features that prevent or restrict use or copying of any Marketplace Intellectual Property or enforce limitations on use of the DraftKings Marketplace or the Marketplace Intellectual Property therein.
USER SUBMISSIONS
Some of the features and services of the DraftKings Marketplace may allow you to submit or transmit audio, video, text, or other materials (collectively, "User Submissions") to or through the DraftKings Marketplace. User Submissions do not include any Marketplace NFT or Physical Collectible you may list and offer for sale through the DraftKings Marketplace. By submitting or transmitting User Submissions to or through the DraftKings Marketplace, you agree to the DraftKings Social Terms of Service. IN THE EVENT YOU DO NOT AGREE TO BE BOUND BY THE DRAFTKINGS SOCIAL TERMS OF SERVICE, DO NOT SUBMIT OR TRANSMIT USER SUBMISSIONS TO OR THROUGH THE DRAFTKINGS MARKETPLACE.
In addition, you agree that all User Submissions and your use of any features and services of the DraftKings Marketplace that allow you to submit or transmit User Submissions is subject to the DraftKings Social Acceptable Use Policy available at https://www.draftkings.com/social/terms#activeTab=acceptableusepolicy
DMCA NOTICES
The Digital Millennium Copyright Act of 1998 (the "DMCA") provides recourse for copyright owners who believe that material appearing on the Internet infringes their rights under U.S. copyright law. In the event you believe in good faith that materials on the Website infringe your copyright, you (or your agent) may send us a written notice by mail or e-mail requesting that the material be removed, or access to it blocked. In the event you believe in good faith that someone has wrongly filed a notice of copyright infringement against you, the DMCA permits you to send to DraftKings a counter-notice. Notices and counter-notices must meet the then current statutory requirements imposed by the DMCA (see http://www.loc.gov/copyright for details). Notices and counter notices with respect to the Website should be sent to us at:
By Mail:
DraftKings c/o Legal
222 Berkeley Street
5 th Floor
Boston, MA 02116
By Email: legal@draftkings.com
DraftKings' DMCA Agent's phone number is 617-986-6744.
CONSENT TO JURISDICTION IN MASSACHUSETTS, ATTORNEY'S FEES
The exclusive jurisdiction and venue for proceedings involving any and all disputes, claims, or controversies between you and DraftKings or its affiliates arising out of or relating to (i) this Agreement, (ii) any use of the DraftKings Marketplace (including all transactions conducted through the DraftKings Marketplace), (iii) any DraftKings NFT or any Content or Intellectual Property Rights embodied therein or associated therewith, or (iv) any Physical Collectible or any Content or Intellectual Property Rights embodied therein or associated therewith, shall be the courts of competent jurisdiction sitting within Suffolk County, Massachusetts (the "Forum"). You and DraftKings hereby waive any argument that any such court does not have personal jurisdiction or that the Forum is not appropriate or convenient. These DraftKings Marketplace Terms of Use shall be governed by the internal substantive laws of the Commonwealth of Massachusetts, without respect to its conflict of laws principles.
YOU HEREBY IRREVOCABLY WAIVE ALL RIGHTS TO TRIAL BY JURY IN ANY ACTION, CLAIM, SUIT, PROCEEDING OR COUNTERCLAIM (WHETHER BASED ON CONTRACT, TORT, OR OTHERWISE) BETWEEN YOU AND DRAFTKINGS OR ITS AFFILIATES ARISING OUT OF OR RELATING TO (I) THIS AGREEMENT, (II) ANY USE OF THE DRAFTKINGS MARKETPLACE (INCLUDING ALL TRANSACTIONS CONDUCTED THROUGH THE DRAFTKINGS MARKETPLACE), (III) ANY DRAFTKINGS NFT OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS EMBODIED THEREIN OR ASSOCIATED THEREWITH, OR (IV) ANY PHYSICAL COLLECTIBLE OR ANY CONTENT OR INTELLECTUAL PROPERTY RIGHTS EMBODIED THEREIN OR ASSOCIATED THEREWITH.
MISCELLANEOUS
Nothing in these DraftKings Marketplace Terms of Use shall create or confer any rights or other benefits in favor of any third parties except as specifically provided herein.
Nothing in these DraftKings Marketplace Terms of Use shall create or be deemed to create a partnership, agency, trust arrangement, fiduciary relationship, or joint venture between you and DraftKings.
You acknowledge and affirm that you are purchasing Marketplace NFTs for purposes of acquiring digital collectibles and not for any investment or speculative purposes. Any economic benefit that may be derived from appreciation in the value of the Marketplace NFT is not guaranteed and is incidental to obtaining it for its collectible purpose.
Third-party online publishers that refer users to the DraftKings website shall not be responsible or liable for the DraftKings website or any of the content, software, or functions made available on, or accessed through, or sent from, the DraftKings website.
In the event any provision of these DraftKings Marketplace Terms of Use is deemed invalid by a court of competent jurisdiction, the invalidity of such provision shall not affect the validity of the remaining provisions of these DraftKings Marketplace Terms of Use, which shall remain in full force and effect.
No waiver of any term of these DraftKings Marketplace Terms of Use shall be deemed a further or continuing waiver of such term or any other term, and DraftKings' failure to assert any right or provision under these DraftKings Marketplace Terms of Use shall not constitute a waiver of such right or provision.
The failure of DraftKings to comply with any provision of these DraftKings Marketplace Terms of Use due to an act of God, hurricane, war, fire, riot, earthquake, pandemic, terrorism, act of public enemies, actions of governmental authorities, in each case, outside of the control of DraftKings (excepting compliance with applicable codes and regulations) or other force majeure events will not be considered a breach of these DraftKings Marketplace Terms of Use.
References to a section are references to a section of these DraftKings Marketplace Terms of Use, unless otherwise stated. Section headings in these DraftKings Marketplace Terms of Use are for convenience only. The word "including" (and variations thereof) is not intended to be limiting. Unless the context requires a contrary construction, the singular includes the plural, the plural includes the singular, and the word "or" shall be inclusive and not exclusive.
DRAFTKINGS AND OTHER TRADEMARKS CONTAINED ON THE DRAFTKINGS MARKETPLACE ARE TRADEMARKS OR REGISTERED TRADEMARKS OF DRAFTKINGS IN THE UNITED STATES AND/OR OTHER COUNTRIES. THIRD PARTY TRADEMARKS, TRADE NAMES, PRODUCT NAMES AND LOGOS MAY BE THE TRADEMARKS OR REGISTERED TRADEMARKS OF THEIR RESPECTIVE OWNERS. YOU MAY NOT REMOVE OR ALTER ANY TRADEMARK, TRADE NAMES, PRODUCT NAMES, LOGO, COPYRIGHT OR OTHER PROPRIETARY NOTICES, LEGENDS, SYMBOLS OR LABELS ON THE DRAFTKINGS MARKETPLACE.
MOBILE APPLICATION
These DraftKings Marketplace Terms of Use shall also apply to the use of the DraftKings Mobile Application (the "Mobile Application"). These DraftKings Marketplace Terms of Use are intended to be in addition to the End User License Agreement (found here: https://www.apple.com/legal/internet-services/itunes/appstore/dev/stdeula/ ) for the Mobile Application, and to the extent any of these DraftKings Marketplace Terms of Use conflict with the End User License Agreement, these DraftKings Marketplace Terms of Use shall be deemed to apply, and the conflicting provision in the End User License Agreement shall not be applicable. Any reference to the DraftKings Marketplace in these DraftKings Marketplace Terms of Use shall also be deemed to include the Mobile Application.
DraftKings reserves the right to enforce its DraftKings Marketplace Terms of Use in the event DraftKings, in its sole discretion, determines that the services provided by a content provider's platform (including, without limitation, websites, mobile applications, or social media accounts) is detrimental to the DraftKings brand or brands, including, without limitation, in any manner that is disparaging or that otherwise portrays DraftKings in a negative light, or has a negative impact on the integrity of DraftKings' product or business operations.
DRAFTKINGS NFT TERMS AND CONDITIONS
The terms and conditions in this Section "DraftKings NFT Terms and Conditions" (including all subsections thereof) are part of the DraftKings Marketplace Terms of Use and are in addition to, and not in replacement of, the other terms and conditions of these DraftKings Marketplace Terms of Use; provided that in the event of any conflict between any terms or conditions in this Section "DraftKings NFT Terms and Conditions" (including all subsections thereof) and any other terms or conditions of these DraftKings Marketplace Terms of Use, the terms and conditions of this Section "DraftKings NFT Terms and Conditions" (including all subsections thereof) will prevail to the extent of the conflict. YOU ACCEPT AND AGREE TO THE TERMS AND CONDITIONS IN THIS SECTION "DRAFTKINGS NFT TERMS AND CONDITIONS" IN ACCORDANCE WITH THE SECTION "ACCEPTANCE" ABOVE, REGARDLESS OF WHETHER YOU OFFER TO PURCHASE, PURCHASE, OFFER TO SELL, SELL, OR OWN OR HOLD A DRAFTKINGS NFT.
A. PURCHASING AND SELLING DRAFTKINGS NFTS ON DRAFTKINGS MARKETPLACE
1. Purchasing a DraftKings NFT on DraftKings Marketplace
When you purchase a DraftKings NFT on DraftKings Marketplace, you are responsible for paying the DraftKings NFT Purchase Price for such DraftKings NFT, and in addition you are responsible for paying to DraftKings, DraftKings' licensors, or their respective designees, any and all applicable (i) DraftKings NFT Fees, (ii) taxes that DraftKings may be obligated to pay or withhold in connection with such DraftKings NFT Primary Sale or DraftKings NFT Secondary Sale, and (iii) such other fees, expenses, or charges as DraftKings may advise you of prior to completion of the DraftKings NFT Primary Sale or DraftKings NFT Secondary Sale.
When you purchase a DraftKings NFT, you receive ownership of the DraftKings NFT purchased, provided that your ownership, and any and all ownership whatsoever, of any and all DraftKings NFTs (whether through a DraftKings NFT Primary Sale, DraftKings NFT Secondary Sale, Secondary Sale, or otherwise) is and shall remain subject to (i) DraftKings' and DraftKings' licensors' retained ownership of any software, Content, brands, logos, or Intellectual Property Rights in or related to the DraftKings NFT, and (ii) DraftKings' Reversionary Interest in the DraftKings NFT as set forth in the subsection entitled "Reversionary Interest" below. For clarity, your purchase of a DraftKings NFT (whether through a DraftKings NFT Primary Sale, DraftKings NFT Secondary Sale, Secondary Sale, or otherwise) is not a purchase of, and does not give you any ownership of or any rights (except as expressly set forth in the NFT License below), title, or interest in or to, any software, Content, brands, logos, or Intellectual property Rights in or associated with any DraftKings NFT.
Your purchase of a DraftKings NFT (whether through a DraftKings NFT Primary Sale, DraftKings NFT Secondary Sale, Secondary Sale, or otherwise) will not give you any right or entitlement to receive any Content, including any Content associated with the purchased DraftKings NFT. Instead, pursuant to the NFT License set forth in the subsection entitled "NFT License and Intellectual Property" below, your purchase of a DraftKings NFT will provide you with a right to view the Content associated with the purchased DraftKings NFT. DraftKings may store the Content associated with your DraftKings NFT separate from the DraftKings NFT itself (e.g. in a cloud server). DraftKings is not responsible in the event the Content associated with your DraftKings NFT becomes inaccessible to you for any reason.
DraftKings reserves the right to modify, delete, and/or replace the Content linked to, or associated with, your DraftKings NFT at any time with or without notice, as follows: (i) adding or removing third party brand names, logos, or other intellectual property; (ii) updating sports statistics; (iii) changing designations associated with the DraftKings NFT gameplay (e.g. a "Superstar" designation for Reignmakers Football); (iv) modifications at the request or demand of a third party; or (v) correcting any errors in the Content.
With respect to the offer to purchase or purchase of any and all DraftKings NFTs in a DraftKings NFT Primary Sale, these DraftKings Marketplace Terms of Use: (i) constitute the final, entire and exclusive agreement between you and DraftKings with respect to the subject matter hereof; (ii) supersede all prior oral and written agreements and understandings between you and DraftKings (whether express or implied, including those implied by law or through usage of trade) with respect to the subject matter hereof; and (iii) exclude any course of prior dealings between you and DraftKings and/or usage of trade in determining the meaning of the terms and conditions set forth herein.
You may not impose on DraftKings, directly or indirectly, and DraftKings hereby disclaims, any terms or conditions not expressly set forth herein.
2. Selling a DraftKings NFT
Unless otherwise notified by DraftKings, you may sell any DraftKings NFT held in your DraftKings Account on the DraftKings Marketplace. Such a sale may be to any person on the DraftKings Marketplace and will be considered a DraftKings NFT Secondary Sale.
In the event you sell a DraftKings NFT in a DraftKings NFT Secondary Sale, (i) you automatically transfer all of your right, title and interest in and to such DraftKings NFT to the buyer, (ii) you consent to and direct DraftKings to promptly transfer such DraftKings NFT from your DraftKings Account to the DraftKings Account of the buyer, and (iii) the NFT License you received pursuant to the subsection entitled "NFT License and Intellectual Property" below with respect to such DraftKings NFT automatically transfers to the buyer in full and terminates in full with respect to you.
In the event you sell a DraftKings NFT outside of the DraftKings Marketplace, (i) you automatically transfer all of your right, title and interest in and to such DraftKings NFT to the buyer and (ii) the NFT License you received pursuant to the subsection entitled "NFT License and Intellectual Property" below with respect to such DraftKings NFT automatically transfers to the buyer in full and terminates in full with respect to you.
3. Sales Terms
Whether your sale of a DraftKings NFT occurs on DraftKings Marketplace or outside DraftKings Marketplace, you may only sell the entirety (i.e., 100%) of your interest in the DraftKings NFT. Without limiting the foregoing, you may not, and may not attempt to, (i) sell fractional interests in any DraftKings NFT, (ii) grant to any person or permit any person to take or obtain a security interest, lien, or other encumbrance in any DraftKings NFT, or (iii) sell subscriptions, licenses, or other rights to use any DraftKings NFT, including, without limitation, subscriptions, licenses, or other rights to view the Content associated with any DraftKings NFT.
You acknowledge and agree that, and specifically intend and expect that, DraftKings may enforce these DraftKings Marketplace Terms of Use against you, including as a third-party beneficiary in the event appropriate.
You consent to DraftKings maintaining a ledger of DraftKings NFT Primary Sales and DraftKings NFT Secondary Sales either on or off of a blockchain, or in both locations, which ledger may include your personal information.
For any Secondary Sale of a DraftKings NFT on either the DraftKings Marketplace or outside of the DraftKings Marketplace, you acknowledge and agree that DraftKings may collect from the purchaser a percentage of the gross transaction price of such Secondary Sale. You acknowledge and agree that DraftKings may collect such fees through any lawful means, including directly from the purchaser or through a smart contract that will pay to DraftKings and/or its designees any fees associated with further sales or transfers of such NFT that occur outside the DraftKings Marketplace.
B. NFT LICENSE AND INTELLECTUAL PROPERTY
Effective upon your purchase of a DraftKings NFT, you receive the following license:
DraftKings IP and Content License: Subject to the terms and conditions of these DraftKings Marketplace Terms of Use, DraftKings, for itself and on behalf of its licensors, grants you a limited, non-exclusive, non-transferable (except pursuant to a Secondary Sale in accordance with these DraftKings Marketplace Terms of Use), revocable, non-sublicensable license to the Intellectual Property Rights practiced by, incorporated, or embedded in your purchased DraftKings NFT solely for purposes of you using, accessing, and/or holding such purchased DraftKings NFT, including viewing the Content associated with such purchased DraftKings NFT (the foregoing license in this subsection "NFT License and Intellectual Property", the "NFT License").
DraftKings and its licensors reserve all rights in all Content and Intellectual Property Rights not expressly granted pursuant to the NFT License. Notwithstanding anything to the contrary, any sale, purchase, or other transfer of DraftKings NFTs (whether through a DraftKings NFT Primary Sale, DraftKings NFT Secondary Sale, Secondary Sale, or otherwise) shall not be a sale, purchase, or transfer of any rights, title or interest to Content or Intellectual Property Rights associated with any DraftKings NFTs, which such rights, title, and interest shall remain solely and entirely with DraftKings or its licensors, subject to the NFT License.
D. PROHIBITIONS
You shall not, and shall not permit, encourage, or enable anyone to:
DraftKings reserves the right to impose additional restrictions on your use of the NFT License as may be required by DraftKings or DraftKings' licensors.
E. REVERSIONARY INTEREST
Notwithstanding anything to the contrary: (a) each DraftKings NFT Primary Sale or DraftKings NFT Secondary Sale to you is conditioned upon your compliance with the terms and conditions of these DraftKings Marketplace Terms of Use; (b) in the event DraftKings determines that you have breached any of the terms or conditions of these DraftKings Marketplace Terms of Use, the DraftKings NFT(s) purchased by you will revert to DraftKings, such DraftKings NFT(s) will be removed from your DraftKings Account, and the NFT License associated with such DraftKings NFT(s) will automatically terminate; and (c) you acknowledge and agree that DraftKings retains and shall retain a right and interest in each DraftKings NFT sold to enable DraftKings to do all of the foregoing (such right and interest, a "Reversionary Interest").