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Understanding the risks, limitations, and responsibilities of participating in blockchain-based NFT auctions.
NFT auctions involve significant financial, emotional, technical, and regulatory risks. Participate only with funds you can afford to lose entirely. By using this platform, you acknowledge and accept all risks outlined below.
The Overmind Gallery ("the platform," "we," "us," or "our") is a decentralized, non-custodial platform that facilitates peer-to-peer NFT auctions via smart contracts on the Intuition Network. We do not hold funds, provide brokerage services, or act as a financial intermediary.
The platform is currently developed and maintained by an unincorporated team and is not operated by a registered legal entity.
By accessing or using the platform, you confirm that you are at least 18 years old (or the age of majority in your jurisdiction) and that you fully understand and accept this Disclaimer, together with our Terms of Service and Privacy Policy.
All content, information, and services provided on the platform are for informational and entertainment purposes only. They do not constitute financial, investment, legal, tax, or any other professional advice.
You are solely responsible for evaluating all risks and for independently verifying any information before acting on it.
NFTs and participation in blockchain auctions are highly speculative and carry substantial risk.
You should consult qualified professionals in your jurisdiction before making any decisions involving value or risk.
Purchasing an NFT grants only a limited, non-exclusive, non-transferable license to display the associated digital asset for personal, non-commercial use, unless the creator explicitly states otherwise.
We make no representations or warranties regarding ownership, authenticity, or non-infringement of underlying intellectual property. You are responsible for ensuring that your actions do not violate third-party rights.
Certain auctions may include automated outbid rewards of up to 10% of a bid amount, executed solely by smart contracts.
All auction participation is at your own risk.
Competitive auction mechanics may encourage repeated or impulsive bidding. You acknowledge the potential for excessive use to affect your finances or well-being.
We are not responsible for any losses resulting from overuse. Please participate responsibly and seek help if needed.
NFT values are highly volatile and may be affected by factors entirely outside our control. NFTs can become illiquid, lose substantial value, or become worthless.
By using the platform, you accept inherent risks of blockchain technology, including:
The platform is provided "as is" with no guarantee of availability or error-free operation.
You are solely responsible for securing your wallet, private keys, and seed phrases. Always verify transaction details before confirming.
We never have access to your private keys and cannot recover lost or stolen assets.
The platform may connect to or display third-party services (wallets, block explorers, etc.). We do not control and are not responsible for their functionality, security, or availability.
You are solely responsible for determining and complying with all laws, regulations, and tax obligations that apply to you in your jurisdiction, including any reporting requirements related to NFT transactions.
Laws regarding digital assets vary widely and are evolving. Access or use from jurisdictions where such activity is restricted or illegal is prohibited.
The platform is provided strictly "as is" and "as available." To the maximum extent permitted by applicable law, we disclaim all warranties of any kind, whether express or implied.
To the fullest extent permitted by applicable law, we, our developers, contributors, and affiliates shall not be liable for any direct, indirect, incidental, consequential, or punitive damages arising from your use of the platform.
Your sole remedy for any dissatisfaction is to cease using the platform.
Any disputes arising from or relating to your use of the platform shall be resolved in accordance with the laws of your jurisdiction, to the extent required by mandatory local law.
Where permissible, we encourage informal resolution through direct communication. You may contact us at the email address below.
We may update this Disclaimer from time to time. Material changes will be announced on the platform. Your continued use after any changes indicates acceptance of the updated terms.
For questions regarding this Disclaimer:
The Overmind Gallery Team
legal@overmind.galleryParticipation in NFT auctions carries substantial risk. Only use funds you can afford to lose completely. You assume full responsibility for your actions on the platform.
Effective Date: January 02, 2026