Terms & Conditions

Honourable Young Primates Embassy (HYPE) is a collection of NFTs living on the Solana blockchain. This website is only an interface allowing participants to exchange digital collectibles. Users are entirely responsible for the safety and management of their own private Solana wallets and validating all transactions and contracts generated by this website before approval. Furthermore, as the Honourable Young Primates Embassy smart contract runs on the Solana blockchain, there is no ability to undo, reverse, or restore any transactions.

OWNERSHIP

You Own the NFT. Each Honourable Young Primates Embassy on the Solana blockchain. When you purchase an NFT, you own the underlying HYPE, the Art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Solana blockchain: at no point may we seize, freeze, or otherwise modify the ownership of any HYPE.

Personal Use. Subject to your continued compliance with these Terms, our TEAM grants you a worldwide, royalty-free license to use, copy, and display the purchased Art, along with any extensions that you choose to create or use, solely fort the following purposes: (1) for your own personal, non-commercial use; (2) as part of a marketplace that permits the purchase and sale of your HYPE / NFT, provided that the marketplace cryptographically verifies each HYPE owner’s rights to display the Art for their HYPE to ensure that only the actual owner can display the Art; or (3) as part of a third party website or application that permits the inclusion, involvement, or participation of your HYPE, provided that the website/application cryptographically verifies each HYPE owner’s rights to display the Art for their HYPE 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 HYPE leaves the website/application.

Commercial Use. Subject to your continued compliance with these Terms, our TEAM grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art.