Website Terms & Conditions of Use
Last Updated October 14, 2023
1. Introduction
By accessing app.mintra.ai (the "Website"), you agree to be bound by these Website Terms and Conditions of Use. If you disagree with any of these terms, you are prohibited from accessing this site. The Website is the frontend to the Mintra dAPP ("Mintra") which is the set of smart contracts running on the Pulsechain blockchain enabling the creation, transfer and recordation of NFTs. Pulsechain enables the immutable creation, transfer and recordation of digital assets including but not limited to NFTs. Mintra is simply a service provider that enables users to interact with the public functions on Pulsechain related to the transfer and recordation of NFT events as a "frontend". (For more basic information, please see our FAQ [ app.mintra.ai/faq ]).
In these terms, “we”, “us” means Mintra LLC, a Wyoming LLC. “You”, “your” and “user” refer to you, the user. These terms govern Mintra on any device, any of our APIs as well as any support we might offer. These terms are subject to change. We will make reasonable efforts to notify users of those changes. By using Mintra after we make changes to these terms, you are agreeing to the updated terms.
2. User Registration & Login
In order to utilize the Website and Mintra you must connect a compatible web3 wallet (Metamask or Walletconnect) through the Website. The wallet address is the only required information to create your account though profile content (e.g. Username, Email, Bio, Website, profile picture, & banner picture) can be added and, if uploaded, will be governed by these Terms and our Privacy Policy which is part of these Terms. User info and content such as profile image, banner image, name, bio, email, website can be easily changed by the user in their Edit Profile section and finalized with a wallet signature. This data is stored on IPFS and referenced with CID hashes in our backend.
3. User & Collection Verification
There are two forms of verification on Mintra, on a user level or a collection level. Initially, both forms of verification will be awarded to users in a very manual way involving social consensus, awareness, and most likely such as X (f.k.a. Twitter) & Telegram. This may include but is not limited to public & private communications with users who are well known creators, influencers, or founders who have active communities and could take from days to months depending on internal resources. Mintra reserves the right to edit, augment, alter and/or improve this process, in its sole discretion.
4. Launchpad
Mintra includes a functionality of minting NFTs. We call it Mintra's Launchpad. To use the Launchpad, please first upload your collection content & metadata to IPFS here (see https://nft.storage). Once your collection content & metadata are uploaded to IPFS, you will specify your collection’s marketplace metadata (e.g. name, symbol) on Launchpad and set market details (cost per NFT, maximum mintable NFTs per user, minting time window; see full list here). Royalties, between 0% and 10% of any transfer price, can be set at this stage as well.
5. Marketplace
Mintra also includes a dApp marketplace for NFTS where users can trade via smart swaps in the form of offers, sales, or auctions. Users can also place offers on NFTs that are sitting in others’ wallets, list one or multiple NFTs for public or private sale at a fixed price or set a private auction for a fixed length of time.
6. Sale Process / User Commitment
To trade an NFT on Mintra you must approve the NFT(s) to be traded. You can approve NFT(s) via your User profile. The NFT card on the NFTs you own will show two options: "Approve Single" or "Approve All". You can approve the single NFT to be traded or approve all in that collection to be traded (though your choice is only valid on Mintra). The minimum auction length is 1 hour. The maximum auction length is 364 days. The minimum bid increment percentage is 10%. The maximum bid increment percentage is 100%. These parameters mean that, for any given live auction, a user can place a new bid only if that bid is 10% to 100% higher than the previous bid. After a user’s bid successfully wins an NFT that is listed for auction, either the auctioneer or the consumer can hit the “finalize” button to execute the smart contract swap of coins (PLS or PRC-20’s) for NFT(s).
To prevent spam/spoof transactions, Mintra utilizes a commitment engine. Initiating a sale or auction locks the chosen NFT in the marketplace contract for a minimum of 24 hours. During those 24 hours, the NFT cannot be unselected for sale or auction. It is only after those 24 hours that the NFT can be unselected for sale or auction but that will happen IF, and only IF, that NFT has not been sold or received a bid. If the selected NFT was sold in those 24 hours OR received a bid, revoking will no longer be an option. Users should only list an NFT for sale or auction if they want to commit to swapping that NFT for tokens. When a user initiates an offer on an NFT that they do not own, their offer amount (in whichever token denomination they selected) will be locked in the marketplace contract for a minimum of 24 hours. During those 24 hours, the offer cannot be revoked. It is only after those 24 hours that the offer can be revoked but that will happen IF, and only IF, that owner’s NFT has not already accepted the offer. After a user successfully purchases an NFT that is listed for sale, has the highest bid to win an NFT that is listed for auction, or has an offer successfully accepted, either the owner or the consumer can hit the “finalize” button on the NFT card to execute the smart contract swap of coins (PLS or PRC-20’s) for NFT(s). After a user successfully purchases an NFT that is listed for sale, either the seller or the buyer can hit the “finalize” button to execute the smart contract.
7. Fee Structure
Mintra charges a fee of 2.25% of the sale price for every transaction on Mintra. We reserve the right to change that amount in future. To facilitate sales and royalties, we suggest you use OpenZeppelin's ERC-2981 standard.
8. Withdrawal and Payout Terms
When any NFT gets minted via Launchpad the collection creator can automatically withdraw their revenue from the relevant smart contract. Mintra does not control these funds or this process. When a user successfully sells an NFT, either the seller or the buyer must call the endSale method to finalize the swap so the seller can withdraw their PLS, and the buyer receives their NFT. When a user successfully auctions off an NFT, either the auctioneer or the winning bidder must call the endAuction method to finalize the swap so the auctioneer can withdraw their PLS, and the winning bidder receives their NFT. When an NFT receives an offer, only the NFT owner can call the acceptOffer method to finalize the swap so the auctioneer can withdraw their PLS, and the winning bidder receives their NFT. All the above mentioned “revenue types” for creators and all other sellers of NFT’s are accrued in one place per creator/seller and can be withdrawn by the creator/seller at any moment.
9. Supported PRC-20’s for Trading NFTs
To support and onboard other communities into the Mintra ecosystem, our Marketplace supports the following PRC-20 tokens on Pulsechain: app.mintra.ai/contract-addresses . This list is subject to change so please review it periodically.
10. License
Your access to Mintra is pursuant to a limited, revocable license granted by us to you. We can revoke that license as set forth herein and in our sole discretion.
11. Intellectual Property Policy
Mintra does not own any of the NFTs that are traded on its platform. The ownership of NFTs is governed by the smart contracts on Pulsechain. Mintra does not own or control those smart contracts. Ownership & rights associated with all NFTs created and traded on Mintra belong solely to the users who own them. Your keys, your NFT’s. By minting an(y) NFT on Mintra and/or offering any NFT for sale/transfer you represent and warrant that you own and/or sufficiently control the IP reasonable and necessary to undertake mint and/or sell and/or transact concerning that NFT. You also agree you will indemnify, defend and hold harmless Mintra and its principals for and against any cause of action, liabilities, damages, fees (including attorney’s fees) and/or expenses arising from or related to your breach of the foregoing representation and warranty.
12. Legacy NFTs
All Ethereum NFT contracts existing prior to Ethereum block 17,232,999 were hard forked over to Pulsechain. Therefore, users have "Pulsechain copies" of any & all Ethereum-based NFTs held prior to that block. Similarly - creators who owned the smart contract(s) of the NFT collection(s) they deployed on Ethereum prior to block 17,232,999, also own the forked smart contract(s) of those collections on Pulsechain. Many popular, high-volume, “blue-chip” NFT collections that were successful on Ethereum before the Pulsechain fork recognize and enforce ownership and associated rights for their holders only on the Ethereum blockchain (chainId=1).
Users who proceed to use Mintra and/or the Website agree to fully acknowledge that any NFTs forked from Ethereum (chainId=1) to Pulsechain (chainId=369) are separate tokens that have different market values, benefits, IP rights, access, etc. unless explicitly stated otherwise by the collection owner or governing entity of that collection. NFTs including but not limited to those that existed on Ethereum prior to the Pulsechain Split, are governed by the terms of their creators and/or their purchase. In general, users agree to proceed with full acknowledgement that any NFT collection is not governed by Mintra but by the terms of their creator and purchase. For example, Chiru Labs, creators of Azuki NFTs, has the following to say about this scenario:
“In the event that there are any further changes to the operating rules of the underlying software protocol of a relevant blockchain network that results in two different branches of the relevant blockchain network, the parties acknowledge and agree that the Company may, in its sole discretion, decide whether or not to support (or cease supporting) the Company NFTs on either branch of the forked software protocol entirely. You acknowledge and agree that we assume no liability, obligation, or responsibility whatsoever in respect to the operation of underlying software protocols or an unsupported branch of a forked software protocol, including but not limited to, any viable Proof of Work Ethereum Fork, and you acknowledge and assume the risk of the same.”
There are risks involved in trading any forked-over Ethereum NFT on Pulsechain. This includes the risks that these NFTs may not have any ownership-associated rights enforced on any chains other than Ethereum. Collection creators, owners, and governing entities may at any moment file a complaint for Mintra to remove those collections' media from the Mintra frontend and Mintra takes its responsibility to appropriately respond to these lawful complaints seriously.
13. DMCA
Mintra will respond lawfully and appropriately, including but not limited to taking down content and suspending user access, to Digital Millennium Copyright Act (“DMCA”) takedown notices and/or other intellectual property infringement claims. We also reserve the right to terminate your access to Mintra if we determine you are 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 tell us by sending an email to [email protected]. Please include: Identification of the IP you claim is being infringed; Identification of the allegedly infringing material (i.e., urls); Your contact information – at a minimum, your full legal name (not pseudonym) and email address; A declaration that (i) 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) the information in the notice is accurate; and (iii) under penalty of perjury you are authorized to act on behalf of the intellectual property owner of the intellectual property that is allegedly being infringed. Please note this process is not confidential. We will provide all relevant parties copies of the notice and declaration.
14. Risks, Refunds and Returns
You understand that all Mintra swaps (mints, sales, auctions, offers) are, from Mintra’s perspective on chain, final, public, permanent and non-refundable. Put another way: transactions on Pulsechain are immutable; there are no returns. Transfer of NFTs on Mintra and Pulsechain are at your own risk. You, not us, are responsible for your transactions and, for example, verifying the counterparties with which you choose to transact. Mintra is not responsible or liable for any losses that users may incur as a result trading NFTs on its platform and you may experience significant losses. This is beyond Mintra’s control and you agree not to seek remedy for losses from Mintra. This includes but is not limited to losses that may be caused by new (Pulsechain native) or pre-existing (forked-over from Ethereum) NFTs being traded. We make no warranties, promises or guarantees about the NFTs being transacted through Mintra. Moreover, 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 Mintra and the utility of NFTs.
15. Disclaimers
YOUR ACCESS TO AND USE OF MINTRA IS AT YOUR OWN RISK AND IS PROVIDED “AS IS” AND “AS AVAILABLE.” WE EXPRESSLY DISCLAIM WARRANTIES OR CONDITIONS OF ANY KIND, EITHER EXPRESS OR IMPLIED. WE MAKE NO WARRANTY OR REPRESENTATION AND DISCLAIM ALL RESPONSIBILITY FOR WHETHER INTRA: (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, LEGAL, OR SAFE. WE DISCLAIM 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. WE WILL NOT BE LIABLE FOR ANY LOSS OF ANY KIND FROM ANY ACTION TAKEN OR TAKEN IN RELIANCE ON MATERIAL OR INFORMATION, CONTAINED ON MINTRA. WE CANNOT AND DO NOT REPRESENT OR WARRANT THAT MINTRA OR ANY NFTS YOU INTERACT WITH ARE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS. WE CANNOT GUARANTEE THE SECURITY OF ANY DATA THAT YOU DISCLOSE ONLINE. YOU ACCEPT THE INHERENT SECURITY RISKS OF PROVIDING INFORMATION AND DEALING ONLINE OVER THE INTERNET AND WILL NOT HOLD US RESPONSIBLE FOR ANY BREACH OF SECURITY.
WE WILL NOT BE RESPONSIBLE OR LIABLE TO YOU FOR ANY LOSS AND TAKE NO RESPONSIBILITY FOR ANY USE OF OR LOSS OF USE OF NFTS AND/OR CONTENT LINKED TO OR ASSOCIATED WITH 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; (D) ANY UNAUTHORIZED THIRD-PARTY ACTIVITIES, INCLUDING WITHOUT LIMITATION THE USE OF VIRUSES, PHISHING, BRUTEFORCING OR OTHER MEANS OF ATTACK AGAINST US, YOU OR NFTS.
16. Code of Conduct / Report
By accessing Mintra you agree to not undertake or perform, directly or indirectly, the following actions: Impersonation of another user, collection or NFT; Transfer or promote fake collections; Enter, utilize, infect the network with or otherwise introduce any malicious code (Solidity or otherwise) into the ecosystem; Distribute spam, including through sending unwanted NFTs to other users; Damage, disable, overburden, or impair the functioning of Mintra in any manner; Use Mintra or data collected from Mintra for any advertising or marketing activity; Use Mintra, directly or indirectly, for or in connection with money laundering, terrorist financing, or other illicit financial activity, or in any way in connection with the violation of any law or regulation that applies to you or us; Use Mintra to carry out any financial activities subject to registration or licensing, including but not limited to creating, offering, selling, or buying securities, commodities, options, or debt instruments; Use Mintra to engage in price manipulation, fraud, or other deceptive, misleading, or manipulative activity; Infringe the IP rights of others; Mint, display, offer for sale, copy, reproduce or transfer any illegal and/explicit content (as defined by the Microsoft Azure Cognitive Services Image Recognition API: https://learn.microsoft.com/en-us/azure/ai-services/content-moderator/) e.g. : illegal content, explicit nudity, violence, and other sensitive content flagged by Microsoft AI.
Mintra will decide, in its sole discretion, whether you have violated this Code of Conduct. Mintra reserves the right to edit, augment or change this Code of Conduct.
You agree to assist Mintra in enforcing this Code of Conduct by only appropriately using our “Report Collection” & “Report User” features (available on every NFT via the menu (aka "...")). This tool notifies our team of potential or clearly malicious contracts including but not limited to: impersonation / fake collections, explicit content, malicious Solidity code, or other.
17. Compliance
In all cases, users shall comply with applicable laws & regulations regarding use, sale, redistribution, etc. of NFTs including but not limited to legal content and intellectual property rights.
18. Privacy Policy
Mintra uses multiple angles & layers of protection for its users’ web data & actual NFT assets. Web data protection includes but is not limited to the following steps: We do not collect nor store IP addresses; Any and all hosted servers, cloud-space, hardware, nodes, load-balancers, & so on are distributed globally; To handle performance and protect against spam attacks, Mintra has protections in place e.g. DDOS protection, traffic-distribution measures via reverse proxies, load balancers, CloudFlare solutions, and so on; To protect users from phishing scams or data leaks all email addresses are individually encrypted, then stored in a private database which we control and to which we restrict access. Users will only ever be emailed by Mintra in order to notify them of a specific collection support request update. Only emails from @mintra.ai are legitime.
19. Open Source, P2P, Permissionless Software
The Pulsechain blockchain is permissionless, open-source and decentralized. Users can transact in a peer-to-peer, censorship-resistant, and immutable way on Pulshchain and all users’ activity is, by definition, stored on the blockchain forever. Mintra exists to facilitate the interaction between users, smart contracts & their NFT’s. Mintra does not deal in any conversion from crypto to fiat or vice versa, does not hold, custody or store funds, assets or NFTs. Mintra is not an exchange, wallet, financial institution, broker, money transmitter or creditor. Mintra is a dApp through which you can access Pulsechain to mint, buy and sell NFTs on Pulsechain. This also means Mintra is not a party to any transfer or contract between users.
20. DISPUTES; Limitation on Liability
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.
TO THE FULLEST EXTENT PERMITTED BY LAW, YOU AGREE THAT IN NO EVENT WILL WE BE LIABLE TO YOU OR ANY THIRD PARTY (A) 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 WE 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 OR THE USE OR PERFORMANCE OF MINTRA. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN, IN NO EVENT SHALL OUR MAXIMUM AGGREGATE LIABILITY ARISING OUT OF OR IN ANY WAY RELATED TO THESE TERMS OR YOUR USE OF THE SERVICE EXCEED THE GREATER OF (A) $100 OR (B) THE AMOUNT RECEIVED BY MINTRA FOR ITS SERVICE TO YOU DIRECTLY.
21. Token Standards and Compatibility
Mintra’s initial version(s) will support the ERC-721 & ERC-1155 token standards for NFT’s. Regarding royalty/commission standards, currently only ERC-2981 is supported. For NFT content & metadata extraction, Mintra best supports content & metadata hosted in organized json directories on IPFS.
22. Termination and Suspension Policies
Violations of these terms & conditions may, in Mintra's sole discretion, result in suspension or termination of user accounts. In this context, suspension and termination means the impermanent or permanent deletion of your account or assets on our official frontend. Mintra may also suspend your account and/or access because of, or because of the reasonable threat of, legal action, technical issues and/or safety.
23. Geographic Restrictions and Legal Considerations
Mintra can be accessed anywhere supported by our various US & EU server clusters provided that access is in compliance with applicable law. As the MINTRA marketplace is owned and operated by a Wyoming LLC operating from the state of Washington, we apply Washington law and the law of the United States to these terms and to our operations. By accessing Mintra, you represent and warrant that you are at least eighteen years of age and not subject to the jurisdiction of any state or organization that is subject to sanctions or embargo by the United States and you have not transacted and will not transact with any person or entity who is subject to sanctions and/or embargoes. You are solely responsible for ensuring that your access and use of Mintra does not violate any laws to which you are subject.
24. Insurance and Liability
Mintra is not responsible and carries no liability associated with users behavior with crypto or NFT’s.
25. Indemnification
By agreeing to these terms and accessing Mintra, you agree, to the fullest extent permitted by applicable law, to indemnify, defend, and hold us harmless including but not limited to our respective past, present, and future employees, officers, directors, contractors, consultants, affiliates, agents, representatives, predecessors, successors, and assigns (individually and collectively, the “Indemnified Parties”), from and against all actual or alleged claims, damages, awards, judgments, losses, liabilities, obligations, taxes, 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, in law or equity or otherwise (collectively, “Claims”), that are caused by, arise out of or are related to (a) your use or misuse of Mintra, NFTs, or content linked to or associated with any 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 of or to any third party and (e) your negligence or willful misconduct. You also agree to cooperate with us in defending such Claims. THIS INDEMNITY IS IN ADDITION TO, AND NOT IN LIEU OF, ANY OTHER INDEMNITIES SET FORTH HEREIN.
26. User Feedback and Reviews
For quick feedback, tweet at @mintraai on X (f.k.a. Twitter) or send a chat in the t.me/MintraOfficial Telegram. We love to hear what you have to think regarding usability, features, enjoyment, suggestions, and so on.
27. 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.
28. Bug Bounty Program
Mintra does have a bug bounty program that rewards users who privately message [email protected] with their findings of bugs, vulnerabilities, or even large patches of uncharted attack surface area. Compensation is directly proportional to the severity of the findings.
29. New Talent Hiring
We are always on the lookout for top-tier talent who is aligned with Mintra’s mission. Developers with 5+ years of experience of combinations of Solidity, Typescript, Docker, MongoDB, Next, Nest, React, Svelte, etc. - reach out to [email protected] with an application + letter of interest.