Useful info

Please refer to this page for our terms of service.

  • Please refer to this page for our terms of service.

Terms of Use


Welcome to Picasca These Terms of Use govern your access to and use of our services as an escrow provider for NFT transactions. By using our services, you agree to these terms. If you do not agree, please do not use our services.

 

1. Definitions

Buyer: An individual or entity that purchases an NFT through our platform.
Seller: An individual or entity that mints and sells an NFT through our platform.
NFT: Non-fungible token representing ownership of a unique digital asset.
Escrow Service: Our role as an intermediary to facilitate the transaction between the Buyer and Seller.

2. Services Provided

Picasca acts as an escrow service to hold funds during the NFT transaction process. The Buyer will deposit funds, which will be held securely until the Seller mints the NFT and fulfills the transaction requirements.

 

3. Buyer Responsibilites

Buyers must provide accurate information when making a deposit.
Buyers acknowledge that their deposited funds will be held in escrow and will not be accessible to either party until the NFT is minted and the transaction is complete.

4. Seller Responsibilities

Sellers must mint the NFT within the timeframe specified during the transaction process.
Sellers acknowledge that they cannot access or withdraw the funds deposited by the Buyer until the NFT is successfully minted and the transaction is completed.

5. Escrow Terms

The funds deposited by the Buyer will be held securely in escrow by Picasca until the following conditions are met:
The Seller has successfully minted the NFT.
The Buyer has confirmed receipt of the NFT.
If the Seller fails to mint the NFT within the agreed timeframe, the Buyer may request a refund, and the funds will be returned to the Buyer.

6. Fees

Picasca may charge a fee for the escrow service, which will be disclosed prior to the transaction. Fees are non-refundable.

7. Limitation of Liability

Picasca is not responsible for any disputes between Buyers and Sellers. Our role is limited to holding funds in escrow and facilitating the transaction. We do not guarantee the quality, legality, or value of the NFTs being traded.

8. Governing Law

These Terms of Use shall be governed by and construed in accordance with the laws of [Your Jurisdiction].

9. Amendments

We reserve the right to modify these Terms of Use at any time. Any changes will be posted on our website, and your continued use of our services will signify your acceptance of the updated terms.

10. Contact Information

For any questions or concerns regarding these Terms of Use, please contact us at info@picasca.com