Last Updated: July 19, 2022

Introduction

Welcome to Liko! Liko (“Liko,” “Company,” “we,” “us”, or “our”) is a collection of 2,400 unique NFTs (referred herein as “Liko NFT” or “Keys”) created by an artist that goes by the name of “Wolff”. Wolff created this NFT art with the expectation that they will bring joy to everyone who sees them! We are a growing brand in a new era with new generation of business people, exactly like you. Our core value is to build gates to our imaginary world through the establishment of well defined art language that can transmit itself to our day to day usages and accelerate your imagination.

In addition to creating amazing art with a business focus, we are also working TOWARDS a DAO with a voting platform for key holders to vote on the plans, designs and ideas as we continue to grow. We warmly invite you to join our family and build your future by being part of a sustainable growing brand. This is a community of business people that understands the future and creates a business that is made for success in the present time!

REVIEWING AND ACCEPTING THESE TERMS

These Terms of Service (“Terms”) apply to your purchase, sale and display of the Liko NFT (non-fungible token). “NFT” in these Terms means a non-fungible tokens complying with the ERC-721 standard similar “non-fungible” token standard implemented on a blockchain (such as Ethereum), which uses smart contracts to link to or otherwise be associated with certain content or data. Some purchases of Liko NFTs may include special experience opportunities. Please view terms regarding such experiences here (“Experience Terms”). To the extent there is a conflict between these Terms and the Experience Terms, these Terms control.

These Terms are entered into between you and Wolf Industries Inc. d/b/a Liko (“Company,” “we,” or “us”). These Terms expressly incorporate any other documents referenced herein (such as our Privacy Policy) and govern your access to and use of this site www.likoverse.com (the “Site”), as well as all content, functionality, and services offered on or through the Site, including the Liko NFTs.

For purposes of these Terms, “User”, “you”, and “your” means you as the User of the Site. If you use the Site on behalf of a company or other entity then “you” includes you and that entity, and you represent and warrant that (a) you are an authorized representative of the entity with all requisite capacity, power and authority to bind the entity and accept these Terms, (b) you agree to these Terms on the entity’s behalf, and c) you are able to carry out and perform its obligations under these Terms.

PLEASE READ THESE TERMS OF SERVICE CAREFULLY AS THEY SET OUT YOUR RIGHTS AND RESPONSIBILITIES WHEN YOU USE THIS SITE TO BUY LIKO NFTS (THE “SERVICES”). AS OUTLINED IN SECTION 17 BELOW, THEY INCLUDE A MANDATORY ARBITRATION AGREEMENT AND CLASS ACTION WAIVER WHICH (WITH LIMITED EXCEPTIONS) REQUIRE ANY DISPUTES BETWEEN US TO BE RESOLVED THROUGH INDIVIDUAL ARBITRATION RATHER THAN BY A JUDGE OR JURY IN COURT.

BY CLICKING TO ACCEPT AND/OR USING OUR SERVICE, YOU AGREE TO BE BOUND BY THESE TERMS AND ALL OF THE TERMS INCORPORATED HEREIN BY REFERENCE. IF YOU DO NOT AGREE TO THESE TERMS, YOU MAY NOT ACCESS OR USE THE SERVICE.

Liko is not a wallet provider, exchange, broker, financial institution, or creditor. When each Liko NFT is sold for the first time, the agreement for sale is between the Company and the initial purchaser. If the initial purchaser decides to later sell the Liko NFT through the Liko Site, then the Liko Site serves only as a platform that facilitates transactions between a buyer and a seller and the Company shall not be a party to any agreement between such buyer and seller of the Liko NFTs or between any other User. To use our Service, you must use a third-party wallet which allows you to engage in transactions on blockchains such as Etherium.

Liko is not a party to any agreement between any User. You bear full responsibility for verifying the identity, legitimacy, and authenticity of the Liko NFTs that you purchase from other user while using the Service and we make no claims about the identity, legitimacy, functionality, or authenticity of the User.

All Liko NFTs are stored on and accessible through the Ethereum blockchain. As such, the Company does not maintain the Liko NFTs on this Site and, aside from transferring control of the Liko NFTs to the initial purchaser, the Company has no control over the transfer, storage, ownership or maintenance of the Liko NFTs.

Because we have a number of Liko NFTs with different experiences, we sometimes need to provide additional terms those special and unique Liko NFTs (such terms are deemed part of the “Service” hereunder and shall also be subject to the present Terms). Those additional terms, which are available with the relevant service, then become part of your agreement with us if you use the Site. In the event of a conflict between these Terms and any additional applicable terms we may provide for a specific Liko NFT, such additional terms shall control for that specific NFT.

Liko reserves the right to change or modify these Terms at any time and in our sole discretion. If we make material changes to these Terms, we will use reasonable efforts to provide notice of such changes, such as by updating the “Last Updated” date at the beginning of these Terms. By continuing to access or use the Service, you confirm your acceptance of the revised Terms and all of the terms incorporated therein by reference effective as of the date these Terms are updated. It is your sole responsibility to review the Terms from time to time to view such changes and to ensure that you understand the terms and conditions that apply when you access or use the Service.

1.ACCESSING THE SERVICE

Like much of web3, your blockchain address functions as your identity on Liko. Accordingly, you will need a blockchain address and a third-party wallet to access the Service. Your account on the Service (“Account”) will be associated with your blockchain address.

1.1.Your Account on Liko will be associated with your linked blockchain address and display the Liko NFTs for that blockchain address. By using your wallet in connection with the Service, you agree that you are using that wallet under the terms and conditions of the applicable provider of the wallet. Wallets are not operated by, maintained by, or affiliated with Liko, and Liko does not have custody or control over the contents of your wallet and has no ability to retrieve or transfer its contents. Liko accepts no responsibility for, or liability to you, in connection with your use of a wallet and makes no representations or warranties regarding how the Service will operate with any specific wallet. You are solely responsible for keeping your wallet secure and you should never share your wallet credentials or seed phrase with anyone. If you discover an issue related to your wallet, please contact your wallet provider. Likewise, you are solely responsible for your Account and any associated wallet and we are not liable for any acts or omissions by you in connection with your Account or as a result of your Account or wallet being compromised. You agree to immediately notify us if you discover or otherwise suspect any security issues related to the Service or your Account (you can contact us info@likoverse.com).

1.2.You also represent and warrant that you will comply with all applicable laws (e.g., local, state, federal and other laws) when using the Service. Without limiting the foregoing, by using the Service, you represent and warrant that: (a) you are not located in a country that is subject to a U.S. Government embargo; and (b) you have not been identified as a Specially Designated National or placed on any U.S. Government list of prohibited, sanctioned, or restricted parties. If you access or use the Service outside the United States, you are solely responsible for ensuring that your access and use of the Service in such country, territory or jurisdiction does not violate any applicable laws.

1.3.Liko may require you to provide additional information and documents in certain circumstances, such as at the request of any government authority, as any applicable law or regulation dictates, or to investigate a potential violation of these Terms. In such cases, Liko, in its sole discretion, may disable your Account and block your ability to access the Service until such additional information and documents are processed by Liko. If you do not provide complete and accurate information in response to such a request, Liko may refuse to restore your access to the Service.

1.4.We strive to keep the Service available 24/7/365, however, your access and use of the Service may be interrupted from time to time for any of several reasons, including, without limitation, the malfunction of equipment, periodic updating, maintenance, or repair of the Service or other actions that Liko, in its sole discretion, may elect to take.

1.5.Age. We require all User to be at least 18 years old. If you are at least 13 years old but under 18 years old, you may only use Liko through a parent or guardian’s Account and with their approval and oversight. That account holder is responsible for your actions using the Account. It is prohibited to use our Service if you are under 13 years old.

1.6.Security. Each User must establish login credentials to access the Service and is responsible for maintaining the confidentiality of such credentials. You must immediately inform Liko of any suspected unauthorized use of the Service. Liko cannot and will not be liable for any loss or damage arising from a failure to safeguard Account credentials or unauthorized use of such credentials.

2.OWNERSHIP

2.1.The Service, including its “look and feel” e.g., text, graphics, images, logos, page headers, button icons, and scripts, proprietary content, information and other materials, and all content and other materials contained therein, including, without limitation, the Liko logo and all designs, text, graphics, pictures, data, software, sound files, other files, and the selection and arrangement thereof are the proprietary property of Liko, our affiliates or, licensors, as applicable, and you agree not to take any action(s) inconsistent with such ownership interests. We and our affiliates, licensors, and User, as applicable, reserve all rights in connection with the Service and its content, including, without limitation, the exclusive right to create derivative works.

2.2.Liko’s name, logo, trademarks, and any Liko product or service names, designs, logos, and slogans are the intellectual property of Liko or our affiliates or licensors and may not be copied, imitated or used, in whole or in part, without our prior written permission in each instance. You may not use any metatags or other “hidden text” utilizing “Liko” or any other name, trademark or product or service name of Liko or our affiliates or licensors without our prior written permission. In addition, the “look and feel” of the Service constitutes the service mark, trademark or trade dress of Liko and may not be copied, imitated or used, in whole or in part, without our prior written permission.

2.3.We welcome feedback, comments, and suggestions for improvements to the Service (“Feedback”). You acknowledge and expressly agree that any contribution of Feedback is voluntary and does not and will not give or grant you any right, title, or interest in the Service or in any such Feedback. You agree that Liko may use and disclose Feedback in any manner and for any purpose whatsoever without further notice or compensation to you and without retention by you of any proprietary or other right or claim. You hereby assign to Liko any and all right, title, and interest (including, but not limited to, any patent, copyright, trade secret, trademark, show-how, know-how, moral rights and any and all other intellectual property right) that you may have in and to any and all Feedback.

3.LICENSE TO ACCESS AND USE OUR SERVICE AND CONTENT

3.1Liko will monitor the content of the Site to determine compliance with its Terms and any operating rules established by Liko and to satisfy any law, regulation or authorized government request. Liko may reject or remove items that we determine do not meet our standards.

3.2You are hereby granted a limited, nonexclusive, nontransferable, nonsublicensable, revocable and personal license to access and use the Site Content, however, that such license is subject to your compliance with these Terms. You also agree not to engage, or assist, in any activity that violates any law, statute, ordinance, regulation, or sanctions program, including but not limited to the U.S. Department of Treasury’s Office of Foreign Assets Control (“OFAC”), or that involves proceeds of any unlawful activity.

3.3Restrictions. Except as explicitly permitted in these Terms, you may not, directly or indirectly: (i) modify or create derivative works of the Service and Site Content; (ii) decompile, reverse engineer, or translate any portion of the Service into human-readable form (except to the extent expressly allowed by applicable law); (iii) rent, lease, share, distribute, or sell the Service to any third party, including on a service bureau or similar basis; (iv) remove, alter or deface proprietary notices or marks in the Service or Documentation; (v) disclose the results of testing or benchmarking of the Service; (vi) circumvent or disable the Service’s security, copyright protection, or license management mechanisms, (vii) interfere with the Service’s operation; (viii) use the Service to violate the law or the rights of any third party; (ix) use any data mining, robots, or similar data gathering or extraction methods on the Site Content; or (x) attempt to do any of the foregoing. Liko may take any actions it deems reasonable, including denying access to User, suspending a Liko account, or terminating your subscription for any breach of this Section.

3.4While Liko processes all transactions for its User, (i) each such transaction between the initial purchaser and any subsequent buyer is solely between the applicable subsequent buyer and initial purchaser of the NFT; (ii) Liko has no liability to either the initial purchaser or any subsequent buyers with respect to such transaction; and (iii) the subsequent buyers’ license rights to the User are solely determined by the Seller. Transactions under this paragraph shall be understood as any interaction between Liko’s initial User and the User’s subsequent buyers.

4.USER CONDUCT

4.1.Openness is one of our most prized values, and we’re committed to providing people from all walks of life and varying experience levels in web3 with a colorful lens into different utilities to NFTs. However, to protect our community and comply with our legal obligations, we reserve the right to take action, with or without advance notice, if we believe you have violated these Terms. This may include: removing the ability to view certain Liko NFTs on the Site Content or use our Service to interact with the Liko NFTs; disabling the ability to use the Service in conjunction with buying/selling/transferring Liko NFTs available on blockchains; disabling your ability to access our Service; and/ or take any other steps that we deem appropriate in such case.

4.2.You agree that you will not violate any law, contract, intellectual property or other third-party right, and that you are solely responsible for your conduct and content, while accessing or using the Service. You also agree that you will not:

a)Use or attempt to use another User’s Account without authorization from such User;

b)Pose as another person or entity;

c)Claim a Liko Username for the purpose of reselling it or otherwise engage in name squatting;

d)Distribute spam to other User;

e)Use the Service – including through disseminating any software or interacting with any API – that could damage, disable, overburden, or impair the functioning of the Service in any manner;

f)Bypass or ignore instructions that control access to the Service, including attempting to circumvent any rate limiting systems by using multiple API keys, directing traffic through multiple IP addresses, or otherwise obfuscating the source of traffic you send to Liko;

g)Use any data mining, robot, spider, crawler, scraper, script, browser extension, offline reader, or other automated means or interface not authorized by us to access the Service, extract data, or otherwise interfere with or modify the rendering of Service pages or functionality;

h)Reverse engineer, duplicate, decompile, disassemble, or decode any aspect of the Service, or do anything that might discover source code or bypass or circumvent measures employed to prevent or limit access to any service, area, or code of the Service;

i)Sell or resell the Service or attempt to circumvent any Liko fee systems;

j)Use the Service or data collected from our Service for any advertising or direct marketing activity (including without limitation, email marketing, SMS marketing, and telemarketing);

k)Use the Service for money laundering, terrorist financing, or other illicit finance;

l)Use the Service from a country sanctioned by the government of the United States or to facilitate transactions involving individuals sanctioned by the government of the United States or located in sanctioned countries;

m)Use the Service to carry out any financial activities subject to registration or licensing, including but not limited to creating, selling, or buying securities, commodities, options, or debt instruments;

n)Use the Service to create, sell, or buy Liko NFTs or other items that give owners rights to participate in an ICO or any securities offering, or that are redeemable for securities, commodities, or other financial instruments;

o)Use the Service to buy, sell, or transfer stolen items, fraudulently obtained items, items taken without authorization, and/or any other illegally obtained items;

p)Infringe or violate the intellectual property rights or any other rights of others;

q)Create or display Liko NFTs or other items that promote suicide or self-harm, incites hate or violence against others, or doxes another individual;

r)Use the Service for any illegal or unauthorized purpose, including creating or displaying illegal content, or encouraging or promoting any activity that violates the Terms of Service;

s)Use the Service in any manner that could interfere with, disrupt, negatively affect or inhibit other User from fully enjoying the Service;

t)Use the Site Content by or on behalf of a competitor of Liko or competing platform or service for the purpose of interfering with the Service to obtain a competitive advantage;

u)Use the Site Content in connection with surveys, contests, pyramid schemes, chain letters, junk email, spamming, or any duplicative or unsolicited messages (commercial or otherwise);

v)utilize the Site to buy, sell or advertise personal, professional or business Platform;

w)utilize the Site to engage in token-based or other financings of a business, enterprise, venture, DAO, software development project or other initiative, including ICOs, DAICOs, IEOs, “yield farming” or other token-based fundraising events; or

x)utilize the Site primarily as a general-purpose communications or messaging or social networking platform.

Finally, by using the Service, you understand the importance of DYOR – doing your own research. You bear full responsibility for verifying the authenticity, legitimacy, identity, and other details about any subsequent sale of Liko NFTs or account that you view or otherwise interact with in conjunction with our Service. We make no guarantees or promises about the identity, legitimacy, or authenticity of any NFT, Collection, or account on the Service.

5.USER KNOWLEDGE.

User has conducted its own thorough independent investigation and analysis of Liko’s Site Content, the Service and the other matters contemplated by these Terms, and has not relied upon any information, statement, omission, representation or warranty, express or implied, written or oral, made by or on behalf of Liko in connection therewith, except as expressly set forth by Liko in these Terms.

6.INTELLECTUAL PROPERTY RIGHTS AND MONETIZATION

6.1.We own the Service and all information about its use that does not allow for the identification of individuals. You own your content. We may use any feedback you provide about the Service without compensating you.

6.2.You are solely responsible for your use of the Service and for any information you provide, including compliance with applicable laws, rules, and regulations, as well as these Terms, including the User Conduct requirements outlined above.

6.3.By using the or by complying with Liko’s metadata standards in your metadata API responses, you grant us a worldwide, non-exclusive, sublicensable, royalty-free license to use, copy, modify, and display any content, including but not limited to text, materials, images, files, communications, comments, feedback, suggestions, ideas, concepts, questions, data, or otherwise, that you submit or post on or through the Service for our current and future business purposes, including to provide, promote, and improve the Service. This includes any digital file, art, or other material linked to or associated with any Liko NFTs that are displayed on Liko’s Site Platform.

6.4.Liko does not claim that submitting, posting, or displaying this content on or through the Service gives Liko any ownership of the content. We're not saying we own it. We're just saying we might use it and show it off a bit.

6.5.Liko NFTs are a limited-edition digital asset based upon content that may be trademarked and/or copyrighted by the Company. Unless otherwise specified, your purchase of a Liko NFT gives you the right to publicly display, perform, distribute, sell or otherwise reproduce the Liko NFT or its content for commercial purpose as stated in the Terms of Service and subject to the Terms of Use. You further agree that you are not receiving any copyright interest in the Liko NFT or its content, and indeed, you agree that the Company may sell, license, modify, display, broadcast and create derivative works based upon your Liko NFT or its content. Any unauthorized commercial exploitation of the Liko NFT could subject you to claims of copyright infringement. If you sell a Liko NFT through the Site, you agree that you will not have any claims against us for any breach of these Terms by a subsequent purchaser. If you purchase a Liko NFT on the Site, you hereby agree to hold us and the seller of such Liko NFT harmless from and against any and all violations or breaches of these Terms.

6.6.Each purchaser of a Liko NFT will be granted a specific set of Keys that will determine its utility and the rights being transferred (see “Experience Terms” for details). These Keys are unique Liko NFTs that will hold not just artistic value but also financial business value by representing rights of distribution and retail for physical goods. Alternatively, the Access Keys can represent a right to benefit from a passive income derived from the company’s profits, without having to actively participate in anything. The Users will have specific rights and licenses corresponding to their specific Liko NFT and the number of Keys each User holds.

6.7.You represent and warrant that you have, or have obtained, all rights, licenses, consents, permissions, power and/or authority necessary to grant the rights granted herein for any content that you create, submit, post, promote, or display on or through the Service. You represent and warrant that such content does not contain material subject to copyright, trademark, publicity rights, or other intellectual property rights, unless you have necessary permission or are otherwise legally entitled to post the material and to grant Liko the license described above, and that the content does not violate any laws.

6.8.All rights that are not specifically granted to the User and owners of Liko NFTs below are reserved by the Liko team or future DAO. This includes but is not limited to the intellectual property rights surrounding the images, names, logos, 3D layer files, trademarks, the website, the ability to mint 3D or voxel or other versions of Liko NFTs, the look and feel of the User interface, the smart contract code, or anything else not specifically granted by any following licenses. The landscape around DAOs and various other things we are hoping to do is shifting and legally gray in many ways. You agree that you are not relying on any future commitments by Liko beyond what is stated in the Terms of Service.

6.9.What you own and what you can do with it. By connecting your Ethereum wallet and minting a Liko NFT with our smart contract, you have purchased a Liko NFT! With this Liko NFT you can show it off, use it as your pfp, sell it, and even merchandise in accordance with our Experience Terms under any of these three categories of Keys: (a) the fashionable category, (b) passive aggressive category or, (c) dollface category.

6.10.Specifics on commercial and derivative rights. We appreciate your desire to utilize Liko NFTs in various commercial ways, and we are open to you doing just that! When it comes to limiting commercial rights, however, we want you as a Liko NFT holder to realize that you may use the Liko image in its fullness only! The individual layered files and traits are proprietary and are our own creation. We don’t want to see any other projects utilizing our individually crafted layers, so we are not open to you minting new Liko NFTs that are derivatives of our project, change the original Liko, or minting another full project using our Liko NFT in any way. Other than that, you can create whatever merchandise you would like in accordance with our Experience Terms. To limit the use on merchandise, the User shall not use any Liko Licensed Materials in connection with any material, which is unlawful, fraudulent, libelous, defamatory, obscene, pornographic, profane, threatening, abusive, hateful, offensive or otherwise objectionable or unreasonable or infringing upon any laws or regulations or intellectual property rights or proprietary rights or confidentiality obligations and you shall indemnify and defend Wolf Industries Inc. against any claims, damages, proceedings, loss or costs arising from such use. User shall not use the Liko NFT Licensed Materials in any way that could be construed as being adverse or derogatory to the image of Liko or any of its subjects featured in the Liko NFTs.

6.11.Liko as an investment. Liko NFTs are meant to be a fun Non-Fungible Token for you to collect. You may also choose to deepen your involvement with Liko and generate exclusive retailing distribution rights upon fulfilment of certain conditions such as having the specified number of keys and in compliance with our Experience Terms. This means there is a potential for using the Liko NFTs as an investment vehicle where you may become a wholesaler of Liko merchandise. While all this is an amazing opportunity for you to grow alongside Liko, we cannot make any promise or guarantee that these Liko NFTs will be worth anything more than what you and the market deem the art to be worth. This could very well be zero. We give you our word that we will try to build a community and bring as much tangible and intangible value and vibes to the project as we can!

6.12.Commercial Use. Subject to your continued compliance with these Terms of Service and the Experience Terms, Liko grants you either a retail license to become a distributor of Liko fashion merchandise, or Liko Doll merchandise for the purpose of creating derivative works based upon the Liko Art or to simply hold, copy and display your Liko NFT while receiving 33 LikoCoins per day for 1,500 days (“Commercial Use”). Examples of such Commercial Use would be e.g. the use of Liko Art to produce and sell T-Shirts and / or displaying copies of the Art. In this sense, Liko will provide the User with the opportunity to obtain a distribution license for retail (“Liko retail license”) and to commercialize Liko’s physical merchandise subject to satisfying the requirements under these Terms and the Experience Terms.

6.13.Monetization through Retail. The holder of a Liko retail license will be able to buy merchandise from Liko at a discounted price for resale.Additionally, Liko will also initiate a creativity program for all retailers where they can use their imagination and propose derivative designs subject to Liko’s approval. Liko will then choose 2-3 qualifying designs and have a limited edition product available to distribute on a quarterly basis.

6.14.We may remove content from the Service Site that a User reports as infringing the intellectual property rights of others, or that Liko believe does so.

6.15.Liko will take down works in response to Digital Millennium Copyright Act (“DMCA”) takedown notices and/or other intellectual property infringement claims and will terminate a User's access to the Service if the User is determined to be a repeat infringer. If you believe that your content has been copied in a way that constitutes copyright or trademark infringement, or violates your publicity or other intellectual property rights, please fill out our form here or you may submit written notice at:

Wolf Industries, Inc.

Attn. DMCA Notice

Address: 1212 San Vicente Blvd. Santa Monica, CA, 90402

Email: legal@likoverse.com

6.16 For us to process your infringement claim regarding content on the Service, you must be the rightsholder or someone authorized to act on behalf of the rightsholder. We encourage you to use our form to help ensure the requisite information is included in your notice. If you choose to write to us by e-mail or physical mail instead, your notice must include:

a)Identification of the copyrighted work(s), trademark, publicity rights, or other intellectual property rights that you claim is being infringed;

b)Identification of the allegedly infringing material that is requested to be removed, including a description of the specific location (i.e., URLs) on the Service of the material claimed to be infringing, so that we may locate the material;

c)Your contact information – at a minimum, your full legal name (not pseudonym) and email address;

d)A statement that the User consents to the jurisdiction of the Federal District Court for the judicial district in which your address is located, or if the User’s address is outside of the United States, any jurisdiction in which the User may be properly served, and that the User will accept service of process from the person (or their agent) who filed the original DMCA notice;

e)A declaration that contains all of the following:

i.A statement that you have a good faith belief that use of the material in the manner complained of is not authorized by the intellectual property rights owner, its agent, or the law;

ii.A statement that the information in the notice is accurate; and

iii.the following statement: “I swear, UNDER PENALTY OF PERJURY, that I have a good-faith belief that the material was removed or disabled due to a mistake or misidentification of the material to be removed or disabled”.

b)Your physical or electronic signature (of your full legal name).

Please note that we will forward your notice of intellectual property infringement, including your contact information, to the party who will have their content removed so they understand why it is no longer available on the Liko Site and can also contact you to resolve any dispute.

6.17DMCA Counter-Notices. If a User believes that a User’s material has been removed by mistake or misidentification, the User may provide Liko with a written counternotification containing the information stated in section 6.15.

6.18Upon receipt of a valid counter notification, Liko will forward it to the party who submitted the original DMCA notification. The original party (or their representative) will then have fifteen (15) days to notify Liko that he or she has filed legal action relating to the allegedly infringing material. If Liko does not receive any such notification within 15 days, Liko may restore the material into their Service Site Platform.

PLEASE NOTE THAT LIKO INTENDS TO COMPLY WITH ALL PROVISIONS OF THE DIGITAL MILLENNIUM COPYRIGHT ACT, BUT WILL NOT UNILATERALLY TAKE RESPONSIBILITY FOR POLICING AND REMOVING MATERIAL THOUGHT TO BE INFRINGING.

7. FEES, COMMISSIONS, ROYALTIES AND OTHER CHARGES

7.1Fees. Buying, selling or transferring Liko NFTs may be subject to fees, commissions, royalties and other charges (“Fees”) established from time to time in the sole discretion of Liko, a participant in the Ethereum ecosystem. When you buy or sell a Liko NFT on this Site, you agree to pay all applicable fees associated with the transaction and you authorize us to automatically charge and collect such fees from your payment.On the date of initial publication of these Terms, Fees may include: (a) service fees established by and payable to Liko; (b) commissions on secondary sales of Liko NFTs and, (c) “gas” (fees paid to Ethereum miners in ETH through User’s independent wallet applications as consideration for mining the User’s transactions). Service fees may be adjusted from time to time in the sole discretion of Liko. “Gas” fees are set by the User through the User’s independent wallet application and based on Ethereum’s market conditions.

7.2Terms of Sale. By placing an order on the Liko Site, you agree that you are submitting a binding offer to purchase a Liko NFT. If you are the initial purchaser of a Liko NFT then all amounts due are to be paid to Wolf Industries Inc. If you are not the initial purchaser of a Liko NFT, then amounts may be paid to the-then holder of the Liko NFT. You also acknowledge and agree that Liko receives 7.5% of every subsequent sale of a Liko NFT (“Royalty”). For example, if you are the initial purchaser, and you sell a Liko NFT for $100 to a subsequent purchaser, $10 will automatically be transferred to the Company and you will receive $90. The Company has the right collect Royalties for Liko NFT sales in perpetuity and may use those funds in any manner Company sees fit. Notwithstanding the foregoing, the Company has committed to monthly buybacks of the Liko token from the market by the company.

As such, if you sell a Liko NFT on a third-party NFT marketplace, you agree to include a statement substantially similar to the following in the description of the NFT:

“7.5% Royalty Applies. See Liko Terms for details.”

In addition, when you buy or sell a Liko NFT on this Site, you agree to pay all applicable fees associated with the transaction and you authorize us to automatically charge and collect such fees from your payment. We will always display a breakdown of any transaction or other fees prior to your purchase or sale of a Liko NFT.

7.3Forms of Payment. Fees may be paid or payable solely in the manner determined in the sole discretion of Liko. On the date of initial publication of these Terms, all Fees must be paid in ETH.

7.4The technology utilized in delivering the Site Platform depends on public peer-to-peer networks such as Ethereum that are not under the control or influence of Liko and are subject to many risks and uncertainties. Liko may have limited or no ability to change such technologies other than by ceasing to support certain “smart contracts” and adding support for new “smart contracts”. User is solely responsible for the safekeeping of the private key associated with the blockchain address used to participate in the Service. Liko will not be able to restore or issue any refund in respect of any Liko NFTs due to lost private keys. If a User is not able to use or access a Liko NFT due to loss or theft of the corresponding private key or otherwise, a User will be unable to exercise their rights with respect to such Liko NFT.

7.5No Refunds. All transactions involving the Service are final. All Fees relating are non-refundable except at the sole discretion of Liko (for service fees and other fees within its control) or applicable third parties (e.g. Ethereum miners).

8. COMMUNICATION PREFERENCES

By creating an Account, you consent to receive electronic communications from Liko (e.g., via email, push notification, text messages, or other types of messages). These communications may include notices about your Account (e.g., transactional information) and are part of your relationship with us. We may also send you promotional communications via email we think will be of interest to you. You understand that you are not required to provide this consent as a condition of using the Service and you may opt out of these communications through the Service or through your mobile device’s operating system (with the possible exception of important service announcements and administrative messages) by following the unsubscribe instructions provided.

9. CONFIDENTIAL INFORMATION

We will each keep the other’s sensitive information safe, and only use it as necessary.

9.1“Confidential Information” means non-public or proprietary information in any form disclosed by or on behalf of either party that (i) is marked or identified as “confidential” or with a similar designation, or (ii) by its nature or the circumstances of its disclosure ought reasonably to be treated as confidential. The Service, documentation, and Usage Information is Liko’s Confidential Information.

9.2Use. Each party will: (i) only use Confidential Information to fulfill its obligations hereunder and/or as contemplated by these Terms and the Privacy Policy; (ii) only provide access to Confidential Information on an “as-needed” basis to its personnel, agents, and/or consultants who are bound by obligations materially similar to this Section, and (iii) maintain Confidential Information using methods at least as protective as it uses to protect its own information of a similar nature, but in no event with less than a reasonable degree of care. The obligations in this Section will apply during and for three (3) years after the Term, except in the case of Confidential Information that is a trade secret, in which case the obligations will remain in effect as long as the trade secret is maintained.

9.3Exceptions. Confidential Information does not include information that is: (i) publicly available when disclosed or becomes publicly available without fault of the recipient after disclosure; (ii) rightfully learned by recipient from entities not bound to keep such information confidential, (iii) independently developed by recipient; or (iv) approved for unrestricted disclosure by the disclosing party. In addition, a recipient may disclose the other party’s Confidential Information as required by court order or applicable law (provided that, to the extent legally permissible, the recipient promptly notifies the other party of such requirement and cooperates with the other party’s reasonable efforts to prevent or limit the scope of such disclosure, at the other party's expense).

10. INDEMNIFICATION

By agreeing to these Terms and accessing the Service, you agree, to the fullest extent permitted by applicable law, to indemnify, defend, and hold harmless Liko, and our respective past, present, and future employees, officers, directors, contractors, consultants, equity holders, suppliers, vendors, service providers, parent companies, subsidiaries, affiliates, agents, representatives, predecessors, successors, and assigns (individually and collectively, the “Liko Parties”), from and against all actual or alleged claims, damages, awards, judgments, losses, liabilities, obligations, penalties, interest, fees, expenses (including, without limitation, attorneys’ fees and expenses), and costs (including, without limitation, court costs, costs of settlement, and costs of pursuing indemnification and insurance), of every kind and nature whatsoever, whether known or unknown, foreseen or unforeseen, matured or unmatured, or suspected or unsuspected, in law or equity, whether in tort, contract, or otherwise (collectively, “Claims”), including, but not limited to, damages to property that are caused by, arise out of or are related to (a) your use or misuse of the Service, content, content linked to or associated with any Liko NFTs (b) any Feedback you provide, (c) your violation or breach of any term of these Terms or applicable law, and (d) your violation of the rights of or obligations to a third party, including another User or third-party, and (e) your negligence or willful misconduct. You agree to promptly notify Liko of any Claims and cooperate with the Liko Parties in defending such Claims. You further agree that the Liko Parties shall have control of the defense or settlement of any Claims. THIS INDEMNITY IS IN ADDITION TO, AND NOT IN LIEU OF, ANY OTHER INDEMNITIES SET FORTH IN A WRITTEN AGREEMENT BETWEEN YOU AND LIKO.

11. DISCLAIMERS

11.1YOUR ACCESS TO AND USE OF THE SERVICE IS AT YOUR OWN RISK. YOU UNDERSTAND AND AGREE THAT THE SERVICE IS PROVIDED ON AN “AS IS” AND “AS AVAILABLE” BASIS AND LIKO EXPRESSLY DISCLAIMS WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. LIKO (AND ITS AGENTS) MAKE NO WARRANTY OR REPRESENTATION AND DISCLAIM ALL RESPONSIBILITY FOR WHETHER THE SERVICE: (A) WILL MEET YOUR REQUIREMENTS; (B) WILL BE AVAILABLE ON AN UNINTERRUPTED, TIMELY, SECURE, OR ERROR-FREE BASIS; OR (C) WILL BE ACCURATE, RELIABLE, COMPLETE, OR SAFE. LIKO DISCLAIMS ALL OTHER WARRANTIES OR CONDITIONS, EXPRESS OR IMPLIED, INCLUDING, WITHOUT LIMITATION, IMPLIED WARRANTIES OR CONDITIONS OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT. LIKO WILL NOT BE LIABLE FOR ANY LOSS OF ANY KIND FROM ANY ACTION TAKEN OR TAKEN IN RELIANCE OF MATERIAL INFORMATION, CONTAINED ON THE SERVICE. WHILE LIKO ATTEMPTS TO MAKE YOUR ACCESS TO AND USE OF THE SERVICE SAFE, LIKO CANNOT AND DOES NOT REPRESENT OR WARRANT THAT THE SERVICE, CONTENT, CONTENT LINKED TO OR ASSOCIATED WITH ANY LIKO NFTS, OR ANY LIKO NFTS YOU INTERACT WITH USING OUR SERVICE OR OUR SERVICE PROVIDERS’ SERVERS ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE CANNOT GUARANTEE THE SECURITY OF ANY DATA THAT YOU DISCLOSE ONLINE. NO ADVICE OR INFORMATION, WHETHER ORAL OR OBTAINED FROM THE LIKO PARTIES OR THROUGH THE SERVICE, WILL CREATE ANY WARRANTY OR REPRESENTATION NOT EXPRESSLY MADE HEREIN. YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND WILL NOT HOLD LIKO RESPONSIBLE FOR ANY BREACH OF SECURITY.

11.2LIKO AND THE CONTROLLERS OF THE RELEVANT NETWORKS ASSUME NO RESPONSIBILITY OR LIABILITY TO YOU FOR ANY LOSS AND TAKE NO RESPONSIBILITY FOR, AND WILL NOT BE LIABLE TO YOU FOR, ANY USE OF LIKO NFTS, CONTENT, AND/OR CONTENT LINKED TO OR ASSOCIATED WITH LIKO NFTS, INCLUDING BUT NOT LIMITED TO ANY LOSSES, DAMAGES, OR CLAIMS ARISING FROM: (A) USER ERROR, INCORRECTLY CONSTRUCTED TRANSACTIONS, OR MISTYPED ADDRESSES; (B) SERVER FAILURE OR DATA LOSS; (C) UNAUTHORIZED ACCESS OR USE BY ANY THIRD PARTY ACTOR; (D) ANY UNAUTHORIZED THIRD-PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK AGAINST THE SERVICE, LIKO NFTS OR COLLECTIBLES.

11.3LIKO NFTS ARE INTANGIBLE DIGITAL ASSETS. THEY EXIST ONLY BY VIRTUE OF THE OWNERSHIP RECORD MAINTAINED IN THE ASSOCIATED EHTERIUM NETWORK. ANY TRANSFER OF TITLE THAT MIGHT OCCUR IN ANY UNIQUE DIGITAL ASSET OCCURS ON THE DECENTRALIZED LEDGER WITHIN THE ETHEREUM PLATFORM. LIKO AND/OR ANY OTHER LIKO PARTY CANNOT AFFECT OR OTHERWISE CONTROL THE TRANSFER OF TITLE OR RIGHT IN ANY LIKO NFTS OR UNDERLYING OR ASSOCIATED CONTENT OR ITEMS.

11.4NO LIKO PARTY IS RESPONSIBLE OR LIABLE FOR ANY SUSTAINED LOSSES OR INJURY FOR SUSTAINED CASUALTIES DUE TO VULNERABILITY OR ANY KIND OF FAILURE, ABNORMAL BEHAVIOR OF SOFTWARE (E.G., WALLET, SMART CONTRACT), BLOCKCHAINS OR ANY OTHER FEATURES OF THE LIKO NFTS. NO LIKO PARTY IS RESPONSIBLE FOR LOSSES OR INJURY DUE TO LATE REPORTS BY DEVELOPERS OR REPRESENTATIVES (OR NO REPORT AT ALL) OF ANY ISSUES WITH THE BLOCKCHAIN SUPPORTING THE LIKO NFTS, INCLUDING FORKS, TECHNICAL NODE ISSUES OR ANY OTHER ISSUES HAVING LOSSES OR INJURY AS A RESULT.

Some jurisdictions do not allow the exclusion of implied warranties in contracts with consumers, so the above exclusion may not apply to you.

12. ASSUMPTION OF RISK

You accept and acknowledge:

c)The value of a Liko NFTs is subjective. Prices of Liko NFTs are subject to volatility and fluctuations in the price of cryptocurrency can also materially and adversely affect NFT prices. The market value of any NFT or Collectible may decline below the price for which a User acquires such asset through Liko Platform Site or on any other platform. User acknowledges and agrees that the costs and speeds of transacting with cryptographic and blockchain-based systems such as Ethereum are variable and may increase or decrease dramatically at any time, resulting in prolonged inability to access or use any ETH or Liko NFTs associated with Liko’s Platform Site. You acknowledge that you fully understand this subjectivity and volatility and that you may lose money.

d)A lack of use or public interest in the creation and development of distributed ecosystems could negatively impact the development of those ecosystems and related applications, and could therefore also negatively impact the potential utility of Liko NFTs.

e)The regulatory regime governing blockchain technologies, non-fungible tokens, cryptocurrency, and other crypto-based items is uncertain, and new regulations or policies may materially adversely affect the development of the Service and the utility of Liko NFTs.

f)You are solely responsible for determining what, if any, taxes apply to your transactions. Liko is not responsible for determining the taxes that apply to your Liko NFTs.

g)There are risks associated with purchasing items associated with content created by third parties through peer-to-peer transactions, including but not limited to, the risk of purchasing counterfeit items, mislabeled items, items that are vulnerable to metadata decay, items on smart contracts with bugs, and items that may become untransferable. You represent and warrant that you have done sufficient research before making any decisions to sell, obtain, transfer, or otherwise interact with any Liko NFTs or accounts.

h)We do not control the public blockchains that you are interacting with and we do not control certain smart contracts and protocols that may be integral to your ability to complete transactions on these public blockchains. Additionally, blockchain transactions are irreversible and Liko has no ability to reverse any transactions on the blockchain.

i)There are risks associated with using Internet and blockchain based products, including, but not limited to, the risk associated with hardware, software, and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to your third-party wallet or Account. You accept and acknowledge that Liko will not be responsible for any communication failures, disruptions, errors, distortions or delays you may experience when using the Service or any Blockchain network, however caused.

j)Liko utilizes experimental cryptographic technologies and blockchain technologies, including tokens, cryptocurrencies, “smart contracts,” consensus algorithms, voting systems and distributed, decentralized or peer-to-peer networks or systems in performing the Service. Each User acknowledges and agrees that such technologies are novel, experimental, and speculative, and that therefore there is significant uncertainty regarding the operation and effects and risks thereof and the application of existing law thereto.

k)Certain Risks of Smart Contract Technology. Liko NFTs relevant to Liko Platform depend on WebFlow System or other smart contracts deployed to Ethereum, some of which may be coded or deployed by persons other than Liko. Once deployed to Ethereum, the code of smart contracts, including the WebFlow System, cannot be modified. In the event that Liko WebFlow System or other smart contracts are adversely affected by malfunctions, bugs, defects, hacking, theft, attacks, negligent coding or design choices, or changes to the protocol rules of Ethereum, User may be exposed to a risk of total loss and forfeiture of all Liko NFTs. Liko and its controllers of the relevant Networks assumes no liability or responsibility for any of the foregoing matters, except as otherwise expressly provided by these Terms or required by applicable law.

l)Liko reserves the right to hide contracts and items affected by any of these issues or by other issues. Items you purchase may become inaccessible on Liko. Under no circumstances shall the inability to view items on Liko or an inability to use the Service in conjunction with the purchase, sale, or transfer of items available on any blockchains serve as grounds for a claim against Liko.

m)If you have a dispute with one or more Users, YOU RELEASE US FROM CLAIMS, DEMANDS, AND DAMAGES OF EVERY KIND AND NATURE, KNOWN AND UNKNOWN, ARISING OUT OF OR IN ANY WAY CONNECTED WITH SUCH DISPUTES. IN ENTERING INTO THIS RELEASE YOU EXPRESSLY WAIVE ANY PROTECTIONS (WHETHER STATUTORY OR OTHERWISE) THAT WOULD OTHERWISE LIMIT THE COVERAGE OF THIS RELEASE TO INCLUDE THOSE CLAIMS WHICH YOU MAY KNOW OR SUSPECT TO EXIST IN YOUR FAVOR AT THE TIME OF AGREEING TO THIS RELEASE.

13. RISKS OF BLOCKCHAIN TECHNOLOGY

13.1Regulatory Uncertainty. Blockchain technologies and digital assets are subject to many legal and regulatory uncertainties, and the Liko Site Platform and Liko NFTs could be adversely impacted by one or more regulatory or legal inquiries, actions, suits, investigations, claims, fines or judgments, which could impede or limit the ability of User to continue the use and enjoyment of such assets and technologies.

13.2Fork Handling. Etherium, the Liko WebFlow System, the Liko NFTs, and the Collectibles may be subject to “forks.” Forks occur when some or all persons running the software clients for a particular blockchain system adopt a new client or a new version of an existing client that: (i) changes the protocol rules in backwards-compatible or backwards-incompatible manner that affects which transactions can be added into later blocks, how later blocks are added to the blockchain, or other matters relating to the future operation of the protocol; or (ii) reorganizes or changes past blocks to alter the history of the blockchain. Some forks are “contentious” and thus may result in two or more persistent alternative versions of the protocol or blockchain, either of which may be viewed as or claimed to be the legitimate or genuine continuation of the original. Liko may not be able to anticipate, control or influence the occurrence or outcome of forks, and does not assume any risk, liability or obligation in connection therewith. Without limiting the generality of the foregoing, Liko does not assume any responsibility to notify a User of pending, threatened or completed forks. Liko will respond to any forks as Liko determines in its sole and absolute discretion, and it shall not have any duty or obligation or liability to a User if such response (or lack of such response) acts to a User detriment. Without limiting the generality of the foregoing, Liko’s possible and permissible responses to a fork may include: (i) honoring Liko’s WebFlow, Collectibles, and Liko NFTs on both chains; (ii) honoring the Liko’s WebFlow System, Collectibles, and Liko NFTs on only one of the chains; (iii) honoring the Liko’s WebFlow System, Collectibles, and Liko NFTs in different respects or to a different extent on both chains; or (iv) any other response or policy or procedure, as determined by Liko in its sole and absolute discretion. Liko reserves the right to only allow one NFT to be associated with the relevant metadata forming the Collectible, notwithstanding that copies of such NFT may exist on both chains following a fork. A User assumes full responsibility to independently remain apprised of and informed about possible forks, and to manage a User’s own interest in connection therewith.

14. LIMITATION OF LIABILITY

14.1TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AGREE THAT IN NO EVENT WILL LIKO OR ITS SERVICE PROVIDERS BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY LOST PROFIT OR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL, OR PUNITIVE DAMAGES ARISING FROM THESE TERMS OR THE SERVICE, PRODUCTS OR THIRD-PARTY SITES AND PRODUCTS, OR FOR ANY DAMAGES RELATED TO LOSS OF REVENUE, LOSS OF PROFITS, LOSS OF BUSINESS OR ANTICIPATED SAVINGS, LOSS OF USE, LOSS OF GOODWILL, OR LOSS OF DATA, AND WHETHER CAUSED BY STRICT LIABILITY OR TORT (INCLUDING NEGLIGENCE), BREACH OF CONTRACT, OR OTHERWISE, EVEN IF FORESEEABLE AND EVEN IF LIKO OR ITS SERVICE PROVIDERS HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES; OR (B) FOR ANY OTHER CLAIM, DEMAND, OR DAMAGES WHATSOEVER RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH THESE TERMS OF THE DELIVERY, USE, OR PERFORMANCE OF THE SERVICE. ACCESS TO, AND USE OF, THE SERVICE, PRODUCTS OR THIRD-PARTY SITES, AND PRODUCTS ARE AT YOUR OWN DISCRETION AND RISK, AND YOU WILL BE SOLELY RESPONSIBLE FOR ANY DAMAGE TO YOUR COMPUTER SYSTEM OR LOSS OF DATA RESULTING THEREFROM.

14.2NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, IN NO EVENT SHALL THE MAXIMUM AGGREGATE LIABILITY OF LIKO ARISING OUT OF OR IN ANY WAY RELATED TO THESE TERMS, THE ACCESS TO AND USE OF THE SERVICE, CONTENT, LIKO NFTS, OR ANY LIKO PRODUCTS OR PLATFORM EXCEED THE GREATER OF (A) $100 OR (B) THE AMOUNT RECEIVED BY LIKOIN THE LAST TWELVE MONTHS FOR ITS SERVICE DIRECTLY RELATING TO THE ITEMS THAT ARE THE SUBJECT OF THE CLAIM. THE FOREGOING LIMITATIONS WILL APPLY EVEN IF THE ABOVE STATED REMEDY FAILS OF ITS ESSENTIAL PURPOSE.

14.3Some jurisdictions do not allow the exclusion or limitation of incidental or consequential damages, so the above limitation or exclusion may not apply to you. All provisions of these Terms which disclaim or limit obligations or liabilities of Liko shall also apply to the officers, directors, members, employees, independent contractors, agents, stockholders, debtholders and affiliates of Liko.

15. PRIVACY POLICY

15.1Please refer to our Privacy Policy for information about how we collect, use, and share personal data about you. By submitting personal data through our Service, you agree to the terms of our Privacy Policy and you expressly consent to the Collection, use, and disclosure of your personal data in accordance with the Privacy Policy.

15.2Liko owns all data regarding installation, registration, and use of the Service, and related to Service performance, including response times, load averages, usage statistics, and activity logs, (collectively, “Usage Information”). Usage Information includes information about Liko’s Site. Usage Information does not include any personally identifiable information but may include aggregated information derived from a User. Usage Information is used to contribute to analytical models used by Liko, to monitor and improve the Service, and to perform Liko’s obligations under this Agreement.

16. MODIFICATIONS TO THE SERVICE

We reserve the right in our sole discretion to modify, suspend, or discontinue, temporarily or permanently, the Service (or any features or parts thereof) at any time and without liability as a result. Liko may from time to time alter the list of smart contracts including pursuant to upgrades, forks, security incident responses or chain migrations.

17. DISPUTE RESOLUTION; ARBITRATION

17.1Dispute Resolution. Please read the following arbitration agreement in this Section (“Dispute Resolution; Arbitration”) carefully. It requires you to arbitrate disputes with Liko and limits the manner in which you can seek relief from us. This section does not govern disputes between User or between User and third parties. Liko does not provide dispute resolution platform for such disagreements and the parties must resolve those disputes directly.

17.2Applicability of Arbitration Agreement. You agree that any dispute, controversy, or claim relating in any way to your access or use of the Service, to any products sold or distributed through the Service, or to any aspect of your relationship with Liko, will be resolved by binding arbitration, rather than in court, including threshold questions of the arbitrability of such dispute, controversy, or claim except that (1) you or Liko may assert claims in small claims court, but only if the claims qualify, the claims remain only in such court, and the claims remain on an individual, non-representative, and non-class basis; and (2) you or Liko may seek injunctive or equitable relief in a court of proper jurisdiction if the claim relates to intellectual property infringement or other misuse of intellectual property rights.

17.3You and Liko both agree to engage in good-faith efforts to resolve disputes prior to either party initiating an arbitration, small claims court proceeding, or equitable relief for intellectual property infringement. You must initiate this dispute resolution process by sending a letter describing the nature of your claim, name and address, your Account Username (if any), the email address you used to set up your Account (if you have one) and desired resolution to: legal@likoverse.com, Wolf Industries Inc., 1212 San Vicente Blvd. Santa Monica, CA, 90402. Both parties agree to meet and confer personally, by telephone, or by videoconference (hereinafter “Conference”) to discuss the dispute and attempt in good faith to reach a mutually beneficial outcome that avoids the expenses of arbitration or, where applicable, litigation. If you are represented by counsel, your counsel may participate in the Conference as well, but you agree to fully participate in the Conference. Likewise, if Liko is represented by counsel, its counsel may participate in the Conference as well, but Liko agrees to have a company representative fully participate in the Conference. The statute of limitations and any filing fee deadlines shall be tolled while the parties engage in the informal dispute resolution process and Conference required by this paragraph. If the parties do not reach agreement to resolve the dispute within thirty (30) days after initiation of this dispute resolution process, either party may commence arbitration, file an action in small claims court, or file a claim for injunctive or equitable relief in a court of proper jurisdiction for matters relating to intellectual property infringement, if the claims qualify.

17.4Arbitration Rules and Procedures. The Federal Arbitration Act and federal arbitration law apply to these Terms. Any dispute that may not be brought in small claims court will be resolved by binding and confidential arbitration conducted in the English language, in Nevada, before one commercial arbitrator from the American Arbitration Association (“AAA”) with substantial experience in resolving commercial contract disputes and governed by the AAA’s Commercial Arbitration Rules (the “Rules”).

17.5In the event the parties are unable to agree on the selection of an arbitrator within 15 days from the filing of a demand for arbitration, the AAA shall appoint the arbitrator.

17.6Any such arbitration shall be administered by the AAA in accordance with the provisions of its Commercial Arbitration Rules and the supplementary procedures for consumer related disputes of the AAA excluding any rules or procedures governing or permitting class actions.

17.7Seat of the Arbitration. The seat of arbitration shall be Nevada. The arbitrator may choose to have the arbitration of any Dispute conducted by telephone, based on written submissions, or at a mutually agreed location; provided, however, that Liko may opt to transfer the venue of any arbitration hearing to Nevada in the event that it agrees to pay any additional fees or costs a User may reasonably incur as a result of the change in venue, as determined by the arbitrator, and, subject to the foregoing, a User hereby agrees to submit to the personal jurisdiction of any federal or state court in Nevada, in order to compel arbitration, to stay proceedings pending arbitration, or to confirm, modify, vacate or enter judgment on the award entered by the arbitrator.

17.8YOU ARE GIVING UP YOUR CONSTITUTIONAL AND STATUTORY RIGHTS TO GO TO COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY FOR ANY DISPUTE ARISING UNDER THESE TERMS, EXCEPT FOR MATTERS THAT MAY BE TAKEN TO SMALL CLAIMS COURT. YOUR RIGHTS WILL BE DETERMINED BY A NEUTRAL SOLE ARBITRATOR AND NOT A JUDGE OR JURY. YOU ARE ENTITLED TO A FAIR HEARING, BUT THE ARBITRATION PROCEDURES ARE SIMPLER AND MORE LIMITED THAN RULES APPLICABLE IN COURT. ARBITRATOR DECISIONS ARE AS ENFORCEABLE AS ANY COURT ORDER AND ARE SUBJECT TO VERY LIMITED REVIEW BY A COURT.

17.9ANY CLAIMS BROUGHT BY EITHER PARTY MUST BE BROUGHT IN THE PARTIES’ INDIVIDUAL CAPACITY, AND NOT AS A PLAINTIFF OR CLASS MEMBER IN ANY PURPORTED CLASS OR REPRESENTATIVE PROCEEDING, AND THE ARBITRATOR MAY NOT CONSOLIDATE MORE THAN ONE PERSON’S CLAIMS, MAY NOT OTHERWISE PRESIDE OVER ANY FORM OF A REPRESENTATIVE OR CLASS PROCEEDING, AND MAY NOT AWARD CLASS-WIDE RELIEF.

17.10You have the right to opt out of the provisions of this Section 17 (for purposes of this Section only, the “Dispute Resolution; Arbitration”) requiring and governing arbitration by sending written notice of your decision to opt out to the following address: legal@likoverse.com, ATTN: Legal Likoverse within thirty (30) days after first becoming subject to this Arbitration Agreement. Your notice must include your name and address, your Account Username (if any), the email address you used to set up your Account (if you have one), and an unequivocal statement that you want to opt out of this Arbitration Agreement. If you opt out of this Arbitration Agreement, all other parts of these Terms will continue to apply to you.

17.11Any arbitration award will be final and binding upon the parties without appeal or review except as permitted by State of Nevada or United States federal law. Each party will bear its own costs with respect to the arbitration procedure.

17.12Notwithstanding the foregoing, (1) either party may bring an individual action in small claims court, and (2) claims of (A) defamation, (B) violation of the Computer Fraud and Abuse Act, or (C) infringement or misappropriation of the other party’s intellectual property rights, may be exclusively brought in the state or federal courts located in Nevada. The parties agree to submit to the exclusive personal jurisdiction of such courts for such purpose. A request for equitable relief will not be deemed a waiver of the right to arbitrate.

17.13Authority of Arbitrator. The arbitrator shall have exclusive authority to (a) determine the scope and enforceability of this Arbitration Agreement and (b) resolve any dispute related to the interpretation, applicability, enforceability, or formation of this Arbitration Agreement including, but not limited to, any claim that all or any part of this Arbitration Agreement is void or voidable. The arbitration will decide the rights and liabilities, if any, of you and Liko. The arbitration proceeding will not be consolidated with any other matters or joined with any other cases or parties. The arbitrator shall have the authority to grant motions dispositive of all or part of any claim. The arbitrator shall have the authority to award monetary damages and to grant any non-monetary remedy or relief available to an individual under applicable law, the arbitral forum’s rules, and these Terms. The arbitrator shall issue a written award and statement of decision describing the essential findings and conclusions on which the award is based, including the calculation of any damages awarded. The arbitrator has the same authority to award relief on an individual basis that a judge in a court of law would have. The award of the arbitrator is final and binding upon you and us.

17.14Waiver of Jury Trial. YOU AND LIKO HEREBY WAIVE ANY CONSTITUTIONAL AND STATUTORY RIGHTS TO SUE IN COURT AND HAVE A TRIAL IN FRONT OF A JUDGE OR A JURY. You and Liko are instead electing that all claims and disputes shall be resolved by arbitration under this Arbitration Agreement, except as specified in Section 17 (“Dispute Resolution; Arbitration”). An arbitrator can award on an individual basis the same damages and relief as a court and must follow these Terms as a court would. However, there is no judge or jury in arbitration, and court review of an arbitration award is subject to very limited review.

17.15Waiver of Class Actions and Class Arbitrations. ALL CLAIMS AND DISPUTES WITHIN THE SCOPE OF THIS ARBITRATION AGREEMENT MUST BE ARBITRATED ON AN INDIVIDUAL BASIS AND NOT ON A REPRESENTATIVE OR COLLECTIVE CLASS BASIS. ONLY INDIVIDUAL RELIEF IS AVAILABLE, AND CLAIMS OF MORE THAN ONE USER, PERSON, OR ENTITY CANNOT BE ARBITRATED OR CONSOLIDATED WITH THOSE OF ANY OTHER USER, PERSON, OR ENTITY. Accordingly, under the arbitration procedures outlined in this section, an arbitrator shall not combine or consolidate more than one party’s claims without the written consent of all affected parties to an arbitration proceeding. Without limiting the generality of the foregoing, you and Liko agree that no dispute shall proceed by way of class arbitration without the written consent of all affected parties. If a decision is issued stating that applicable law precludes enforcement of any part of this subsection’s limitations as to a given claim for relief, then that claim must be severed from the arbitration and brought in the state or federal courts located in Nevada. All other claims shall be arbitrated.

17.16Severability. Except as provided in this Section, if any part or parts of this Arbitration Agreement are found under the law to be invalid or unenforceable, then such specific part or parts shall be of no force and effect and shall be severed and the remainder of the Arbitration Agreement shall continue in full force and effect.

17.17Survival of Agreement. This Arbitration Agreement will survive the termination of your relationship with Liko.

17.18Modification. Notwithstanding any provision in these Terms to the contrary, we agree that if Liko makes any future material change to this Arbitration Agreement, you may reject that change within thirty (30) days of such change becoming effective by writing to Liko at the following address: legal@likoverse.com, Wolf Industries Inc., 1212 San Vicente Blvd. Santa Monica, CA, 90402.

18. GOVERNING LAW AND VENUE

These Terms and your access to and use of the Service shall be governed by and construed and enforced in accordance with the laws of Nevada (without regard to conflict of law rules or principles of Nevada, or any other jurisdiction that would cause the application of the laws of any other jurisdiction). Any dispute between the parties that is not subject to arbitration as set forth in Section 17 or cannot be heard in small claims court, shall be resolved in the state or federal courts of Nevada, and the United States, respectively, sitting in Nevada.

19. AGREEMENTS IF CLASS ACTION WAIVER UNENFORCEABLE

If any court or arbitrator makes a final, binding and non-appealable determination that the class action waiver set forth in this Section 17 is void or unenforceable for any reason or that an arbitration can proceed on a class basis, then the arbitration provision set forth in Section 17 shall be deemed null and void with respect to any Dispute that would thus be required to be resolved by arbitration on a class basis, and the parties shall be deemed to have not agreed to arbitrate such Dispute. In the event that, as a result of the application of the immediately preceding sentence or otherwise, any Dispute is not subject to arbitration, the parties hereby agree to submit to the personal and exclusive jurisdiction of and venue in the federal and state courts located in Nevada and to accept service of process by mail with respect to such Dispute, and hereby waive any and all jurisdictional and venue defenses otherwise available with respect to such Dispute.

20. TERMINATION

20.1.The User may terminate these Terms at any time by stopping use of the Service and upon proper Notice to Liko as stated in this Terms. Liko may also terminate these Terms due to User breach.

20.2.If you breach any of the provisions of these Terms, all licenses granted by Liko will terminate automatically. Additionally, notwithstanding anything contained in these Terms, we reserve the right, with or without notice and in our sole discretion, to suspend, disable, terminate, or delete your Account and/or your ability to access or use the Service (or any part of the foregoing) at any time and for any or no reason, and you acknowledge and agree that we shall have no liability or obligation to you in such event and that you will not be entitled to a refund of any amounts that you have already paid to us.

20.3.Effect of Termination. Upon expiration or termination of this Agreement for any reason, the rights and licenses granted under this Agreement will immediately terminate. Sections 2, 9, 14, 20.3 and 24 will survive the termination or expiration of this Agreement for any reason.

21. SEVERABILITY

If any term, clause, or provision of these Terms is held invalid or unenforceable, then that term, clause, or provision will be severable from these Terms and will not affect the validity or enforceability of any remaining part of that term, clause, or provision, or any other term, clause, or provision of these Terms.

22. INJUNCTIVE RELIEF

You agree that a breach of these Terms will cause irreparable injury to Liko for which monetary damages would not be an adequate remedy and Liko shall be entitled to equitable relief in addition to any remedies it may have hereunder or at law without a bond, other security, or proof of damages.

23. CALIFORNIA RESIDENTS

If you are a California resident, in accordance with Cal. Civ. Code § 1789.3, you may report complaints to the Complaint Assistance Unit of the Division of Consumer Platform of the California Department of Consumer Affairs by contacting them in writing at 1625 North Market Blvd., Suite N 112 Sacramento, CA 95834, or by telephone at (800) 952-5210 or by email to: dca@dca.ca.gov.

24. EXPORT LAWS

You agree that you will not export or re-export, directly or indirectly, the Service, and/or other information or materials provided by Liko hereunder, to any country for which the United States or any other relevant jurisdiction requires any export license or other governmental approval at the time of export without first obtaining such license or approval. In particular, but without limitation, the Service may not be exported or re-exported (a) into any U.S. embargoed countries or any country that has been designated by the U.S. Government as a “terrorist supporting” country, or (b) to anyone listed on any U.S. Government list of prohibited or restricted parties, including the U.S. Treasury Department’s list of Specially Designated Nationals or the U.S. Department of Commerce Denied Person’s List or Entity List. By using the Service, you represent and warrant that you are not located in any such country or on any such list. You are responsible for and hereby agree to comply at your sole expense with all applicable United States export laws and regulations.

25. ABSENCE OF SANCTIONS

User is not, (and, if User is an entity, User is not owned or controlled by any other person who is), and is not acting on behalf of any other person who is, identified on any list of prohibited parties under any law or by any nation or government, state or other political subdivision thereof, any entity exercising legislative, judicial or administrative functions of or pertaining to government such as the lists maintained by the United Nations Security Council, the U.S. government (including the U.S. Treasury Department’s Specially Designated Nationals list and Foreign Sanctions Evaders list), the European Union (EU) or its member states, and the government of a User home country. User is not, (and, if User is an entity, User is not owned or controlled by any other person who is), and is not acting on behalf of any other person who is, located, ordinarily resident, organized, established, or domiciled in Cuba, Iran, North Korea, Sudan, Syria, the Crimea region (including Sevastopol) or any other country or jurisdiction against which the U.S. maintains economic sanctions or an arms embargo. The tokens or other funds a User use to participate in Liko’s Site Platform or acquire Liko NFTs are not derived from, and do not otherwise represent the proceeds of, any activities done in violation or contravention of any law.

26. SURVIVAL

All sections which by their nature should survive the termination of these Terms shall continue in full force and effect subsequent to and notwithstanding any termination of these Terms by Liko or you. Termination will not limit any of Liko’s other rights or remedies at law or in equity.

27. FORCE MAJEURE

Liko shall not incur any liability or penalty for not performing any act or fulfilling any duty or obligation hereunder or in connection with the matters contemplated hereby by reason of any occurrence that is not within its control (including any provision of any present or future law or regulation or any act of any governmental authority, any act of God or war or terrorism, any epidemic or pandemic, or the unavailability, disruption or malfunction of the Internet, the World Wide Web or any other electronic network, the Ethereum network or blockchain or Liko WebFlow System or any aspect thereof, or any consensus attack, or hack, or denial-of-service or other attack on the foregoing or any aspect thereof, or on the other software, networks and infrastructure that enables Liko to provide the Platform, it being understood that Liko shall use commercially reasonable efforts, consistent with accepted practices in the industries in which Liko operates, as applicable, to resume performance as soon as reasonably practicable under the circumstances.

28. MISCELLANEOUS

28.1These Terms constitute the entire agreement between you and Liko relating to your access to and use of the Service. These Terms, and any rights and licenses granted hereunder, may not be transferred or assigned by you without the prior written consent of Liko, and Liko’s failure to assert any right or provision under these Terms shall not constitute a waiver of such right or provision. No waiver by either party of any breach or default hereunder shall be deemed to be a waiver of any preceding or subsequent breach or default. The section headings used herein are for reference only and shall not be read to have any legal effect.

28.2The Service is operated by Liko in the United States. Those who choose to access the Service from locations outside the United States do so at their own initiative and are responsible for compliance with applicable local laws. You and Liko agree that the United Nations Convention on Contracts for the International Sale of Goods will not apply to the interpretation or construction of these Terms.

28.3Except as otherwise provided herein, these Terms are intended solely for the benefit of the parties and are not intended to confer third-party beneficiary rights upon any other person or entity.

BY CLICKING THE “I AGREE” BUTTON, YOU ARE INDICATING THAT YOU HAVE READ AND CONSENT TO BE BOUND BY THESE TERMS. IF YOU HAVE NOT READ THESE TERMS, OR YOU DO NOT AGREE TO BE LEGALLY BOUND BY THEM, CLICK “I DON'T AGREE” AND DO NOT USE THE PLATFORM.