TERMS & CONDITIONS

The Naughty Moai (“MOAI”)is a collection of digital arts related Non-Fungible Tokens (NFTs) on the Ethereum network. This website is only an interface allowing participants to exchange digital collectibles. Users are fully responsible for the safety and management of their own private digital wallets and validating all transactions and contracts generated by this website before approval. Please note that there is no ability to undo, reverse, or restore any transactions due to the nature of a Ethereum smart contract.

This website and its connected services are provided “as is” and “as available” without warranty of any kind. By using this website you are accepting sole responsibility for any and all transactions involving the Naught Moai digital collectibles.

OWNERSHIP

i. You Own the MOAI NFT. Each MOAI is an NFT on the Ethereum blockchain. When you purchasean NFT,you own the under lying MOAI,the Art,completely.Ownership of the NFT is mediatedentirely by the Smart Contract and the Ethereum Network: at no point may we seize, freeze, orotherwise modifytheownershipof anyMOAI.

ii. Personal Use. Subject to your continued compliance with these Terms, PD Studiogrants you a worldwide, royalty-free license to use,and display the purchased Art,solely for the following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplacethat permits the purchase and sale of your MOAI NFT, provided that the marketplace cryptographically verifies each MOAI owner’s rights to display the Art for their MOAI to ensurethat only the actual owner can display the Art; or (iii) as part of a third party website or application that permits the inclusion,involvement,or participation of your MOAI,provided that the website/application cryptographically verifies each MOAI owner’s rights to display the Art for their MOAI to ensure that only the actual owner can display the Art,and provided that the Art is no longer visible once the owner of the MOAI leaves the website/application

iii. Commercial Use. Subject to your continued compliance with these Terms, PD Studio grants you an unlimited, worldwide license to useand display the purchased Art(“Commercial Use”). Examples of such CommercialUse would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.)displaying copies of the Art. For the sake of clarity, nothing in this Section will be deemed to restrict you from (i) owning or operating a marketplace that permits the use and sale of MOAI generally, provided that the marketplace cryptographically verifies each MOAI owner’s rights to display the Art for their MOAI to ensure that only the actual owner can display the Art; (ii)owning or operating a third party website or application that permits the inclusion, involvement,or participation of MOAI generally, provided that the third party website or application cryptographically verifie seach MOAI owner’s rights to display the Art for their MOAI to ensure that only the actual owner can display the Art,and provided that the Art is no longer visible once the owner of the Purchased MOAI leaves the website/application; or (iii) earning revenue from any of the for going.