# Introduction & FAQs

Lightweight curatorial tools for shared ownership and governance of NFTs.

![](/files/QJFYCYvduFeLp4inC0Zz)

Seasons (SZNS) is a collective ownership protocol, allowing for users to collectively own and manage NFT assets. The platform offers lightweight DAO management of NFT baskets called “Collections” (previously referred to as Albums).&#x20;

For example, a user might launch a SZNS Collection to fractionalize an NFT into ERC20 tokens. While many platforms fractionalize NFTs today, Collections take this a step further by offering plug and play DAO tooling to collectively manage the collection of NFTs as a DAO, voting on proposals to sell the NFT, transfer the NFT, lend out the NFT, and more.

Read below for more information about the protocol, application, and how to participate in the community!

{% hint style="success" %}
Join the [SZNS Discord](https://discord.gg/szns) ⚡️
{% endhint %}

### **How does the SZNS protocol work?**

The SZNS protocol provides a plug and play governance system for anyone interested in creating an NFT DAO. Those interested in spawning a community to manage and develop NFT assets can do so by creating "Collections" on SZNS. A Collection (previously called "Albums") is effectively an NFT DAO on SZNS. The protocol is governed today by the SZNS multisig and will progressively decentralize to be managed by the SZNS protocol DAO.

![](/files/-MkePY5R_9rmCkjjS0Sn)

### **What is a Collection DAO?**

A Collection is a primitive introduced by SZNS that refers to a collection of NFTs represented by ERC20 tokens with integrated governance tooling. Holders of the Collection's ERC20 tokens not only have fractional ownership of the NFTs, but can also participate in curatorial actions as a DAO.

Collections enable community-driven curations, where the Collection token holders can work together as a DAO to give greater meaning to their fractional ownership, whether it means adding additional NFTs into an Collection, collectively deciding on a buyout or finding other ways to discover utility of their collectively owned assets.

We believe fractionalization is a powerful democratizing tool. In the context of fine art, it can enable ownership of high-value assets that were previously reserved almost exclusively to the wealthy. Collections go a step further by giving fractional owners the ability to cooperate as a DAO and make their ownership more meaningful.

[Read more about Collections here.](/core-components/collections)

### **Who can participate in SZNS?**

SZNS is built for NFT experts, artists, and newbs in mind. There are many ways to get involved! Below are some different ways that creators, curators, and collectors can use SZNS.

**NFT creators:** SZNS is an opportunity for NFT artists and creators to invest in their own works, access liquidity, and grow a community of supporters.

Rather than individually selling NFTs, the artist/creator can create a SZNS Collection with a collection to fractionalize and access liquidity for his or her work, while being able to capture the upside of their works' growth. They can interact with their supporters who hold the Collection Tokens through governance.&#x20;

This is also a way for NFT artists to allow many people to access their works through the Collection Tokens for those who cannot afford to purchase an entire NFT.

**NFT curators:** NFT curators who have noteworthy NFT collections can create a Collection of their NFTs to access liquidity and allow others to bet and grow with the curator.&#x20;

An NFT curator can demonstrate his or her collecting skills by continuing to collect appreciating NFTs into a Collection and giving fractional ownership to anyone in the world.

**NFT collectors:** NFT collectors now have access to high-value NFTs through fractionalization, purchasing Collection Tokens that hold the NFTs they desire for ownership. Fractional ownership also becomes much more meaningful on SZNS, as these fractional token owners can participate in governance to perform various actions, such as contributing to the curation of that Collection by voting on which NFTs can be added.

With SZNS, collectors are able to learn from the best curators in the game by joining their community token networks!

### Interested in launching an Collection DAO?

If you're interested in launching an Collection with us, [please reach out to us by filling out the form here](https://forms.gle/4ysFDDrNRMabjFQDA).


# Concepts

## Collective Ownership

SZNS allows users to share ownership and governance over NFTs as a community. Whether with strangers or a group of friends, users can securely co-own and manage NFTs inside a SZNS Collection.

## Security

NFTs are contained in smart contract wallets (called Collections) generated by the SZNS protocol’s smart contracts. Collections heavily leverage the Gnosis Safe as a core component to enable shared ownership and governance of the assets held inside the Collection.&#x20;

The assets (NFTs, ETH, etc.) within a Collection can only be moved, withdrawn, or used based on the governance voting of all Collection token owners. For example, if the Collection Tokenholders would like to list a certain NFT in the Collection for sale, they must vote on a Proposal to list the NFT to sell and the vote must pass the requirements set by the DAO specified by the Collection's Governance Rules, which can be found in the Collections Details page on SZNS UI or in the \[daorequirements] txt record of the Collection's ENS space in \[collection-name].szns.eth (for example: <https://app.ens.domains/name/trashdao.szns.eth/details>)

***Each Collection is responsible for its own security and governance***. However, the SZNS protocol provides a way to aid Collection DAOs to defend against malicious proposals via its Arbitration System (link).&#x20;


# Brand Kit

SZNS Logos, Colors, Gradients, and Typeface

{% embed url="<https://www.figma.com/file/lmj8eqmDe3pMZAmjC8LtcZ/SZNS-Brand-Kit?node-id=0%3A1>" %}
For easy access to all brand assets, open and duplicate the Figma file
{% endembed %}

## Downloads

For quick access to brand assets, browse our [Brand Kit on Google Drive](https://drive.google.com/drive/folders/11WawRYO5iDyyrT4RPoqyMRhjZPqRr0L7?usp=sharing).


# Collections

A Collection is a basket of NFTs managed by a governance token. The SZNS webapp gives users the ability to create a decentralized management system (DAO) for these NFTs in just a few steps.

## Collection Smart Contract Architecture

[Read more about the inner workings of Collections here.](/smart-contracts/collection-daos)

## Collection Actions

{% hint style="info" %}
Read more about Collection lifecycle [here](/collection-governance/collection-lifecycle).
{% endhint %}

Collections launch from the SZNS Factory (The Factory is core to the SZNS product and offers all the tools needed to run a DAO out of the box — it launched the contracts that facilitate these tools) with similar parameters for each community.

The Collection defines the framework to carryout relevant actions. The SZNS interface offers a number of [Standard Proposals](https://docs.szns.io/album-governance/standard-proposals) to intuitively offer common actions for NFT communities. Uncommon actions may also be constructed with [Arbitrary Proposal](https://docs.szns.io/album-governance/arbitrary-contract-calls) creation.

At launch of a Collection, the Safesnap system is configured to only give access to proposal submissions for Collection token holders.

## Collection Voting Process

<figure><img src="/files/zAFMcL9ooKdUHAW3CpYJ" alt=""><figcaption></figcaption></figure>

The SZNS Collection Factory provides an opinionated framework for all voting within Collections at deployment. This means that SZNS allows you to have an out-of-the-box governance process that defines the requirements for proposals to qualify as legitimate. Steps for this DAO Governance Process Module (essentially, a wrapper contract defining the governance system) include:

1.0 Collection Member Submits Proposal\
2.0 Collection Members Vote (1 week)\
3.0 Arbitration Period Begins (1 week)\
4.0 Successful Bonds Execute Transaction On-Chain

The process will take two weeks to complete with initial parameters. Below is a list of programatic and subjective parameters, all of which can be adjusted by Collection governance.

## Arbitration Details

{% hint style="info" %}
Learn more about Reality.eth [here](https://reality.eth.link/app/docs/html/dapp.html#using-the-reality-eth-dapp).
{% endhint %}

For proposals to execute transactions on-chain, they must pass a subjective verification process. This step requires a user to submit a "Bond" by staking ETH on Reality.eth. If the proposal passes the arbitration period uncontested, the user receives their initial stake in return. If the Bond is successfully contested, the contester receives the initial stake. This ensures the Collection community has an opportunity to stop a malicious proposal from executing transactions.

## Collection Governance Upgradability

Governance parameters described above serve as sensible defaults built into Collection decision-making. The system is created for lightweight and flexible experimentation with upgradeability in mind.

### Approve Delinquent Bond

Post-voting, a Bond is submitted on Reality.eth to verify and execute the transaction on-chain. While the SZNS DAO will assist in the submission of proposal verification to begin, the process can be administered by anyone. This method of on-chain execution relies on subjective human judgement to contest. If a Bond completes uncontested, the associated transactions will execute.

### Upgrade Governance Module

A more official way to change governance for an Collection would be to take the following steps:

1. Deploy a new DAO Governance Process Module that has adjusted params and connect it to the Collection's Gnosis Safe
2. Update the Snapshot configuration to point to the new DAO Governance Process Module
3. Disable the old DAO Governance Process Module

This process is much more labor intensive, but offers the most robust solution to updating the DAO Governance Process for a Collection.

### Migrate Collection Assets

A third path to adjust the management system available for a specific Collection includes transferring the Collection assets to a new contract or address to be managed there.


# sznsDAO

The SZNS protocol will take a path of progressive decentralization to develop a governance pushed forward by the community of $SZNS token holders.

## **What does the sznsDAO govern?**

While the sznsDAO will continue to evolve, initial governance includes decisions around the SZNS treasury, the Album Factory parameters, and Album voting arbitration.

### **Governance Arbitration**

The sznsDAO provides an important role as backstop for a Collection DAO's governance decisions. If somehow an oracle verifies an inaccurate outcome, the sznsDAO can halt an action from being committed to chain.

The sznsDAO can also be invoked by the community to pass a proposal quickly.

### **Treasury Management**

The sznsDAO will be responsible for deciding how to use assets in the treasury to create value for the network. These decisions include managing Collection Tokens to support the community and broader network.

### **Album Factory**&#x20;

The Album Factory defines the sensible default parameters given to each Collection at launch. This determines the way communities vote to add new NFTs and members, or coordinate a Collection buyout using the SZNS governance stack. SZNS holders will be able to propose new default parameters for the factory as the protocol evolves.


# Overview

An overview of various SZNS Collection types

<figure><img src="/files/PbdfMf2ZDa3JF3qSDRME" alt=""><figcaption></figcaption></figure>

Users can create a SZNS Collection to support a variety of use-cases. The three types available today are:

* [Fraction SZN](/collection-types/fractionszn) - fractionalize one or more NFTs into tokens that can be used to govern the collection
* [DAO SZN](/collection-types/daoszn) - deploy a token-governed DAO quickly with no code
* [Pool SZN (coming soon)](/collection-types/poolszn) - pool ETH together with friends or strangers to purchase grail NFTs and manage them together


# Fraction SZN

Fractionalize one or more NFTs into ERC20 governance tokens and collectively own the underlying assets.

## What is NFT Fractionalization?

Fractionalization is a term used to denote the concept of splitting a single NFT into "fractions" that can be owned by multiple individuals.

It is usually used to lower barrier to entry to high-value NFTs; for example, rather than a single person owning a Bored Ape NFT which is currently around 75 ETH to own, that Bored Ape can be fractionalized as a SZNS Collection represented by 75 $COLLECTION tokens (or any arbitrary number) where one $COLLECTION would now be equal to 1 ETH, lowering the purchase price to own a Bored Ape.

## Get Started

To fractionalize an NFT you own, read about it on the [next page](/collection-types/fractionszn/collection-creation-steps) or [start on our website](https://www.szns.io/create)!

To buy a fraction of an NFT you like, read about it [HERE](/tutorials/buying-collection-tokens) or [go explore](https://www.szns.io/explore) options on our website!


# Collection Creation Steps


# DAO SZN

Quickly launch a token-governed DAO using SZNS with no code.

##


# Pool SZN (Coming Soon)

Pool ETH together with friends or strangers to purchase grail NFTs and manage them together


# Collection Lifecycle

Collections are the core component for the SZNS platform offering. They allow users to launch a fully decentralized governance system to manage their NFT asset(s) with others who hold the governance token.

The lifecycle of a Collection is important to understand in order to utilize the tech. Ultimately we aim to make the product self explanatory and intuitive with product maturity! Feedback is always welcome (see our [requests form](https://requests.szns.io/b/feature-requests/) or join our [discord](https://discord.gg/n6u8SUFjQ2)).

## Phase 1. Collection Launch

{% hint style="info" %}
Note: the Collection launch phase depends on the purpose and mission for the Collection. Often they involve a token sale distribution either to purchase NFTs or to simply provide liquidity to the NFT owner who created the Collection.&#x20;
{% endhint %}

The Collection launch process allows a creator to come to SZNS with one or many NFTs and spin up a Collection in a few clicks. At this stage it is important for the creator to understand the token structure, if they want to distribute via a token sale event or manually, and the mission / goals for the Collection.

Specific steps and parameters for this step can be found [here](/tutorials/creating-an-nft-collection). Deployment costs range from 0.2 - 0.7 ETH (dependent on the number of NFTs sent at launch).

## Phase 2 – Managing the Collection

After the creation and deposit of the NFTs, the Collections will be fully managed by $COLLECTION token holders. These token holders can easily use [Standard Proposals](/collection-governance/standard-proposals) in the SZNS interface. For more complex smart contract interactions more sophisticated Collections may need to rely on [Custom Proposals](/collection-governance/arbitrary-contract-calls).

The management phase of the Collection optimizes for users ability to decide what to do with their NFTs and assets gained through a liquidation event. At Collection launch the SZNS interface holds a variety of essential proposals (found in the [Standard Proposals](/standard-proposals/overview) section of these docs).&#x20;

## Phase 3 – Dissolving the Collection

Some Collections want to continue into the future to re-invest accumulated liquidity into new NFTs and opportunities. Others will decide to fully liquidate and dissolve their Collection via distributing the assets to all token holders. This process will complete when all assets are liquidated and proceeds distributed, otherwise Collections will continue on in the Management Phase of development.


# Default Collection Governance

<figure><img src="/files/zAFMcL9ooKdUHAW3CpYJ" alt=""><figcaption></figcaption></figure>

Collections democratize the management of NFT baskets as a DAO. Decentralized governance is an evolving problem and effective DAO models vary from community to community.&#x20;

SZNS makes the initial governance setup easy by offering a lightweight system with sensible default parameters to both empower Collection holders with ownership decision-making, as well as protect owners from malicious proposals.

## Voting Process

SZNS simplifies governance by pulling the majority of actions for a standard proposal into a single interface.

<figure><img src="/files/547KQ5sZ9JRsMo6ChV7r" alt=""><figcaption></figcaption></figure>

1. A Collection member (owns some amount of Collection token) submits a proposal
2. Collection members vote on active standard proposals
3. After voting, the sznsDAO or any user will submit a 1ETH bond to confirm proposal results
4. If the bond is not challenged during the 1 week period, the transactions are executed by the Collection

## Default Proposal Requirements

**Programatic Parameters (determined programmatically):**

* SnapShot Parameters
  * Submitter Owns Collection Token
* Reality Oracle Parameters
  * Bond: 1 ETH
  * Expiration: 1 Week
  * Timeout: 48 Hrs (defines the amount of time before execution is unavailable)
  * Cooldown: 0

**Subjective Parameters (double-checked via reality.eth):**

* Length of Voting: defined by proposer
* Length of Verification: 1 Week (defined [here](https://ipfs.io/ipfs/bafybeic7cadmyc2r426iq7cnfoa3khdtnhk7crnyh3vhfciamwo35waizy))
* Voting Quorum: 50% Total Supply
* ‘Yes’ Token Weighted Threshold: 85%&#x20;
* ‘No’ Token Weighted Threshold: 10%

The default parameters expect a high participation rate from Collection token holders to make a collective decision. This assumption is built around the idea that Collections will consist of a fairly tight knit community.

## Proposal Rejection

Proposals can be rejected at two main stages: (1) during Snapshot voting and (2) during the Reality.eth arbitration.

**(1) A proposal is rejected if it doesn't follow the** [**Governance Rules**](https://ipfs.io/ipfs/bafybeic7cadmyc2r426iq7cnfoa3khdtnhk7crnyh3vhfciamwo35waizy)**:**

* Less than 50% of the token economy votes (quorum)
* Less than 85% of the voting population votes Yes

**(2) Reality.eth arbitration**

2.1 Users Challenging Incorrect Verification

After a successful Snapshot voting period, the proposal is sent to Reality.eth for a verification of results before the proposal's transaction is sent on-chain. During this period, users can check whether a successfully voted proposal has met the guidelines of what constitutes a valid proposal.&#x20;

During the verification stage on Reality.eth, users must put up a Bond of 1ETH to as part of their attestation that the buyout proposal is indeed valid. Users can contest by doubling the Bond. At the end of the verification period, users who have put up a Bond for the incorrect answer will lose their Bonded ETH, those who place a bond for a correct answer receive their ETH back, and those who successfully challenge someone who bonded an incorrect answer receives the ETH staked by the incorrect user. This process prevents malicious actors who lie to pass invalid proposals.

2.2 Users asking for Arbitration

The other way a proposal might be rejected is via Arbitration. To begin, the SZNS multisig is the first arbiter for all Collections. Eventually this responsibility will be given to others within the Collection community.&#x20;


# Tokenholder Voting

The default Collection governance mechanism is a simple 1-token/1-vote model. The thresholds for a successful vote are defined in the previous section ([Default Collection Governance](https://docs.szns.io/album-governance/default-governance)).&#x20;

The parameters for default tokenholder voting can be changed by governance by the DAO through a custom proposal that updates the governance process in the smart contract. Additionally, we plan to add support for defining such parameters at Collection creation.


# Guardians (Coming Soon)

In addition to the popular 1-token/1-vote model, we will support a more trusted model of governance where Collection tokenholders can appoint "Guardians" who have scoped out permissions of what they can perform without being subject to voting time thresholds so they can make decisions that benefit the Collection at large. This will enable DAOs to perform faster actions within the Collection.

The SZNS platform will continue to add new governance models that allow communities to flexibly govern Collections in a manner they choose.&#x20;


# Proposal Process

All proposals in SZNS Collections move through a governance process with similar components. Under the hood, the Gnosis safesnap module allows for these communities to vote offchain and execute onchain. If you'd like more details on the proposal criteria see the Governance Rules.

## Proposal States

### State 0: Submission

Token holders of a particular Collection are able to submit proposals via the "Proposals" button on the Collection Page. See [custom proposals](/collection-governance/arbitrary-contract-calls) or [standard proposals](/collection-governance/standard-proposals) for more information!

### State 1: Voting Active

SZNS provides standard interfaces for various actions Collections need to perform to succeed. Each proposal type requires different inputs for the specific purpose.&#x20;

Proposals submitted to a Collection begin as either [Standard Proposals](/collection-governance/standard-proposals) or [Custom Proposals](/collection-governance/arbitrary-contract-calls). The subsequent verification and execution steps remain the same.

### State 2: Double-checking

This process lets you verify results for on-chain execution using [reality.eth](https://reality.eth.link/app/).

Step 1: Request execution of the transaction

Step 2: Set the condition of the outcome and submit your bond

Step 3: Wait for the oracle to verify which will take 1 week on Mainnet

{% embed url="<https://www.youtube.com/watch?v=zFcxobMGw4U>" %}

### State 3: Needs Execution

Finally, proposals that pass the reality.eth process successfully allow anyone to execute the transactions to complete the proposal. This stage also allows the bond set in the double-checking state to be re-claimed by their owner.

{% embed url="<https://www.youtube.com/watch?v=NA47ayL-fvE>" %}


# Standard Proposals

Learn how to use SZNS most powerful feature

Standard proposals define proposals built into the SZNS interface. These proposals include common actions taken by Collection tokenholders to make the process of governance easier for non-technical members (see [Collection Proposals](/collection-governance/proposal-process) section below for examples).

![Standard proposals provide intuitive interfaces for common actions.](/files/7jqIXSqv0Ycx94CnV9pY)

Examples of Proposal Actions include:

[**Add NFT**](/standard-proposals/add-nft)\
Propose to add a specific NFT into the Collection

[**List NFT**](/standard-proposals/list-nft) \
Propose to list an NFT in exchange for ETH

[**Bounty Board**](/standard-proposals/bounty-board)\
Propose a set of NFTs to be accepted by the DAO in return for a pre-determined amount of $COLLECTION tokens

[**Transfer ETH/ERC20s**](/standard-proposals/transfer-eth-erc20) \
Send ETH/ERC20s to any public ETH address

[**Transfer NFTs**<br>](/standard-proposals/transfer-eth-erc20)Send NFTs to any public ETH address

**Distribute Tokens**\
Send ETH or ERC20 proportionally to all Collection members

![Collection Actions](/files/CuAxKB8aabqLPL4OAKl9)

SZNS takes common actions that are most relevant to NFT DAOs, such as buying and selling NFTs, and creates a Standard Proposal flow that abstracts away the need to craft complex transactions.&#x20;

Please reach out in our [Discord](https://discord.gg/szns) if you're struggling with any aspect of Standard Proposals.


# Custom Proposals

The SZNS platform allows for any arbitrary calldata to be passed for voting and execution, as long as the user can craft and submit the transaction via the [SafeSnap module](https://docs.snapshot.org/plugins/safesnap).&#x20;

![](/files/g8kwnhmt1BdLFIN8l8ts)

The ability to pass Custom Proposals allows a DAO to manage their NFTs inside the Collections in an extremely flexible and decentralized way. Any tokenholder of an Collection is able to submit Custom Proposals, crafting a transaction to be voted on that allows for an on-chain execution of the transaction after a successful vote. Crafting Ethereum transactions to be voted on, however, introduces certain challenges to DAOs:

* Barrier to entry, as only technical users can submit the proposal
* Exposes the user to potential errors in crafting the transaction correctly
* The DAO must also review the transaction to ensure it is not crafted in a malicious manner

The end goal for SZNS is to codify as many arbitrary proposal as possible into easy standard proposals that anyone can interact with so that more people can participate in governance.

{% hint style="info" %}
Go [here](https://youtu.be/Ij6cSNiKB0A) for a more complex example.
{% endhint %}

This step involves navigating to the Collection snapshot instance, inputing a title and description, adding voting options, and then constructing a custom transaction at the end.

{% embed url="<https://youtu.be/UTE4HHVK8LY>" %}


# Overview

While Collection DAOs can pass any kind of arbitrary proposals to be executed on-chain, Standard Proposals are pre-crafted proposals available to Collection DAOs to remove the hassle of interacting with complex Contracts when creating a Proposal.


# Add NFT

The add NFT proposal allows Collection members to add a new NFT to the Collection in exchange for a specified amount of $COLLECTION token.

The add NFT proposal allows Collection members to add a new NFT to the Collection in exchange for a specified amount of $COLLECTION token.

## Proposal Process

### Step 1 – Submit a proposal for voting

{% embed url="<https://www.youtube.com/watch?v=OG2opR46bZg>" %}

### Step 2 – Verify results through Reality.eth

This process lets you verify results for on-chain execution through a third party that crowdsources verification (reality.eth) through the following steps:

1. Request execution of the transaction
2. Set the condition of the outcome and submit your bond
3. Wait for the oracle to verify which will take 1 week on Mainnet

{% embed url="<https://www.youtube.com/watch?v=zFcxobMGw4U>" %}

### Step 3 – Execute proposal

{% embed url="<https://www.youtube.com/watch?v=NA47ayL-fvE>" %}


# List NFT

The List NFT proposal allows Collection members to collectively decide on a listing price for their asset on OpenSea.

## List NFT: Proposal Process

### Step 1 (Submit a proposal for voting):

{% embed url="<https://www.youtube.com/watch?v=0F9wQ3w0Mmw>" %}

### Step 2 (Verify results through Reality.eth):

This process lets you verify results for on-chain execution through a third party that crowdsources verification (reality.eth)

Step 1: Request execution of the transaction

Step 2: Set the condition of the outcome and submit your bond

Step 3: Wait for the oracle to verify which will take 1 week on Mainnet

{% embed url="<https://www.youtube.com/watch?v=Gbapooky_v8>" %}

### Step 3 (Execute proposal):

Note: the listing date must be set after the execution time in order for the listing to occur.

{% embed url="<https://www.youtube.com/watch?v=srwST9Ik9DE>" %}


# Bounty Board

Collection Bounty Board is a Standardized Proposal that allows for a community to incentivize the deposit of one or many NFTs in exchange for a pre-determined amount of $COLLECTION tokens. Upon deposit, the specified amount of tokens is minted and deposited into the users wallet.

## Bounty Board: Proposal Process

### Step 1 (Submit a proposal for voting):&#x20;

{% embed url="<https://youtu.be/1pBfPPllcZI>" %}

### Step 2 – Verify results through Reality.eth&#x20;

This process lets you verify results for on-chain execution through a third party that crowdsources verification (reality.eth)

Step 1: Request execution of the transaction

Step 2: Set the condition of the outcome and submit your bond

Step 3: Wait for the oracle to verify which will take 1 week on Mainnet

{% embed url="<https://youtu.be/s4CnV5AUbrU>" %}

### Step 3 – Final step: proposal execution

Regardless of whether a proposal fails or passes, if the results from verification are correct, you will want to claim your bond that you initially put up to verify the results from the Reality.eth oracle.&#x20;

#### Verification failed:

{% embed url="<https://www.youtube.com/watch?v=CwxGqsd8Ci8>" %}
A proposal that has failed results
{% endembed %}

#### Verification passed:&#x20;

{% embed url="<https://www.youtube.com/watch?v=7uT9eyrMs44>" %}
A proposal that has passed results
{% endembed %}

## Bounty Board: Submit NFTs

1. Select NFTs
2. Approve contracts
3. Submit

{% embed url="<https://youtu.be/YRIAwyX3tGE>" %}


# Transfer ETH/ERC20

This proposal is created to allow Collections to transfer fungible tokens to certain addresses

## Step 1: Submit Transfer Proposal

{% embed url="<https://youtu.be/9q_Jc3hVmDc>" %}

## Step 2 & 3: See [Proposal Process](/collection-governance/proposal-process)


# Voting on SZNS

Anyone with $COLLECTION tokens is able to vote on active proposals in that Collection via the SZNS interface. The default voting system uses a single choice voting strategy where addresses hold voting power proportional to their token amounts at the time of the proposal submission.

![$ALBUM holders can vote via the Album page or by navigating to Snapshot.](/files/3QAPz0xNIyI3A63UaQE2)

$COLLECTION holders can vote in the SZNS interface or click out into the snapshot page to gather more details on the proposal prior to voting.


# Creating an NFT Collection

The process for creating an Collection is simple and done fully through the SZNS UI.

**Step 1.** Connect Wallet

**Step 2.** Click 'Create Collection'

**Step 3.** Enter Collection details and select NFTs

![Collection launch details.](/files/-MjpZeYcA2nhB5r1eDur)

Collection details include information about the Collection token (name, total supply, initial ownership address...).&#x20;

**Step 4.** Distribute tokens

The Collection creator decides how much of the Collection token will be sent to an initial auction. The rest of the tokens remain in the creator's address to be used in various ways (manual distribution, market liquidity, voting, etc).

**Step 5.** Grow your community!

Once the tokens are distributed, it's time to grow your community! This can be done in a variety of ways. The most effective path currently relies on DAO communications via tokenized chat access using CollabLand or Noble. If the community grows large enough, it would be effective to build a governance forum in order to track long form decisions and ideas.


# Buying Collection Tokens

The Collection creator is given an option to hold a distribution event of the $COLLECTION membership tokens in exchange for ETH. The ETH raised goes directly into the public account of the address that created the Collection.

![](/files/f4nZfMs4Iaz40lUDOPv4)

#### Token parameters include:

**Token Supply:** this defines the initial supply of the tokens at Collection launch.

**Token Name:** this defines the name used for the token cashtag.

**Amount of Tokens to Sell:** this defines the number of tokens offered in the distribution.

**Tokens per ETH:** this sets the price of each token as well as the overall economy.

**Sale Date:** this sets the range of time the sale is active.

![](/files/-MjpZ187fpTXmAdturTM)

The token sale interface is available on desktop or mobile.


# Expedited Processing

SZNS Collection governance defaults to a two week long period for a proposal to pass securely with adequate time to identify and refute proposals that are misaligned. While this offers a secure path for decision-making, the flow does not provide agility in decision-making. Below we define another alternative option for Collections who require an expedited process.

## sznsDAO Fast Execution (\~1 Week)

The sznsDAO is able to arbitrate and pass or fail any proposal in an Collection's governance after a proposal enters the [Arbitration Period](/collection-governance/default-governance). During this period, a Collection can coordinate with the sznsDAO to expedite a process for them.

Teams interested in this path will ask users to add their proposals through the Collection UI. This requires two transactions (an approval and a confirm to submit). Parameters are pre-set to simplify the process.

While there are two code enforced parameters (bond amount of 1 ETH and length of 1 week), DAOs are meant to follow the default DAO Requirements (also noted in [Default Collection Governance](/collection-governance/default-governance)). It is up to the DAO community to follow this. The community can decide to adjust these parameters for various circumstances if needed.

If a Collection anticipates a large number of proposals to be expedited, they need to coordinate with the sznsDAO to define a bulk transaction date. This will allow for a more refined process of execution, and limits the chance for an improper transaction.

The date chosen will define the date by which all proposals should be pushed through by the community. For instance, if an execution date is set for October 14th, all NFT proposals should be initiated before the 7th so they may pass the DAO governance process requirements of a 1-week voting period.


# $COLLECTION Token Liquidity

Once a Collection token distribution completes there is no longer an opportunity for anyone to seamlessly purchase these tokens from the SZNS interface. Each Collection is responsible for creating their own liquidity strategy. Some Collections facilitate OTC trades on [Sudoswap](https://sudoswap.xyz/#/) while others create liquidity pools on a decentralized exchange such as [Uniswap](https://uniswap.org/), [Sushiswap](https://www.sushi.com/), or [Balancer](https://balancer.fi/).


# SZNS Overview

<figure><img src="/files/0dunokcB6dWK41S28M3g" alt=""><figcaption></figcaption></figure>

## SZNS Contract Architecture

The SZNS contract system defines the decision-making process for Album governance configuration and treasury management.

### SZNS Governance

The governance contract for the sznsDAO uses a Gnosis multisignature wallet to make decisions. This provides a secure and easily modified system for collective governance over the protocol.

### SZNS Token Contract

The SZNS token contract manages the SZNS token economy, and holders of the token hold governance rights over the SZNS DAO.

### Album Factory Contract

The Album Factory defines the contracts created when a user launches an Album. These include the Album Governance Contract, the Album Governance Process Module (a wrapper defining the governance system), and the Album Token Contract.


# Collection DAOs

Formerly known as "Albums"

<figure><img src="/files/xa9y5Jpt0ifERkoOaW4s" alt=""><figcaption></figcaption></figure>

## Collection Contract Architecture

The Collection contract architecture combines well known contracts with new flexible governance tools to create a system that is simple and future proof out of the box.

### Governance Contract

The core of Collection DAO governance and decision-making uses a Gnosis multisig. The Gnosis safe provides an extremely secure and flexible option to build out a decentralized decision-making system managing the Collection assets.

### DAO Governance Process

The DAO Governance Process defines parameters around proposal execution. Once a proposal passes, there is an [arbitration period](/core-components/collections#arbitration-and-on-chain-execution) that opens using an oracle that human-verifies the outcome of the decision. Successful verification triggers the execution of the batched transactions defined in the proposal.

### Token Contract

The Collection token contract mints at Collection creation and responds to requests for future minting by the governance contract.


# Audits and Security

SZNS largely relies on battle tested smart contracts that have been audited by Peckshield.

## Security Process

We take digital assets seriously at SZNS. If you find flaws in our smart contract architecture or serious bugs in our application please don't hesitate to reach out to our email **<security@szns.io>**.&#x20;

For bugs found that hold assets at risk we will consider bug bounties up to 10% of the value at risk! Thanks for being part of the ecosystem.

## Updates

Any security related reports will be included here.

#### Bounty Board

On August 4th, 2022, [Patrick Drotleff](https://ventral.digital/about), an IT consultant, discovered a vulnerability in the Bounty Board contract ([0x879d25dB71DD9ff94452C510C13347fb49175D9D](https://etherscan.io/address/0x879d25dB71DD9ff94452C510C13347fb49175D9D)). The vulnerability was that the function `batchFillOrder()` does not check whether the caller owns the NFTs with which they want to fill the order to give NFTs in exchange for collection tokens. Thus, an attacker could tribute the NFTs of a user who has given approval for an NFT contract in return for collection tokens. The issue was easily fixed by replacing `erc721.ownerOf(id)` with `msg.sender`.

```solidity
function batchFillOrder(
        Order calldata order,
        ERC721Grouping[] calldata erc721Groupings
    ) internal {
            ...
                if (!order.validator.meetsCriteria(address(erc721), id)) {
                    revert InvalidNftError(address(erc721), id);
                }
                // Forward NFT to benecifiary
                // NOTE: reentrancy should be safe here, since we're decrementing
                //   the number of fills based on its later value.
                erc721.safeTransferFrom(
                    erc721.ownerOf(id),
                    order.nftBeneficiary,
                    id
                );
            }
        }
        // Should throw if underflow
        remainingFills[orderHash] -= tributeCounter;
        // Payout to order filler
        order.erc20.mint(msg.sender, order.tokensPerTribute * tributeCounter);
    }
```

To disable approvals to this contract, go to <https://revoke.cash/>, connect your wallet, and revoke any allowances for the contract 0x879d25dB71DD9ff94452C510C13347fb49175D9D.

Since we were contacted by Patrick, we have reached out to individuals with ENS names who were at risk. No individuals were exploited by this vulnerability. Patrick was awarded 1 ETH as a reward.


# Bug Bounty

S/O to AAVE for building such an epic standard for bug bounties (we forked it).

### Overview

The security of SZNS users is paramount. For that reason, starting on August 10, 2022, the SZNS core smart contracts and Collection contracts are subject to the SZNS Protocol Bug Bounty (the “Program”). The Program enables community members to submit reports of “bugs” or vulnerabilities for a chance to earn rewards. The Program aims to incentivize responsible disclosure and enhance the security of SZNS.

Rewards will be allocated based on the severity of the bug disclosed and evaluated and rewarded **up to USD $250,000**.

The scope, terms and rewards at the sole discretion of the team (the “Team”).

## Scope

The Program includes the vulnerabilities and bugs in SZNS smart contract and .

The following are not within the scope of the Program:

Bugs in any third party contract or platform that interacts with SZNS;

Vulnerabilities related to domains, DNS or servers of websites;

Vulnerabilities already reported and/or discovered in contracts built by third parties on SZNS;

Any already-reported bugs or other vulnerabilities.

Determinations of eligibility, score and all terms related to rewards and their payment are at the sole discretion of the Team.

## Eligibility

To be eligible for a reward under this Program, you must:

Discover a previously unreported, non-public vulnerability within the scope of this Program. Vulnerabilities must be distinct from the issues covered in the previously conducted publicly available audits.

Be the first to disclose the unique vulnerability to the Team by the disclosure requirements below. If similar vulnerabilities are reported, the first submission shall be rewarded (if determined valid and otherwise in the scope of this Program).

Possess sufficient technical knowledge and provide sufficient information necessary to reproduce and fix the vulnerability.

Not engage in any unlawful conduct when disclosing the bug, including through threats, demands, or any other coercive tactics.

Not exploit the vulnerability in any way, including by making it public or obtaining a profit (other than a reward under this Program). Any publicity in any way, whether direct or indirect, relating to any bug or vulnerability will automatically disqualify it and you from the Program.

Make a good faith effort to avoid privacy violations, data destruction, interruption or degradation of SZNS.

Submit only one vulnerability per submission unless you need to chain vulnerabilities to impact any vulnerabilities. If you want to add more information to a provided issue, create a new submission referencing the initial one.

Not submit a separate vulnerability caused by an underlying issue that is the same as an issue on which a reward has been paid under this Program.

Not be one of our current or former employees, vendors, service providers, or contractors or an employee of any of those vendors or contractors or an immediate family (parent, sibling, spouse, or child) or household member of such person.

Not be subject to any international, national or state level sanctions.

Be at least 18 years of age or, if younger, submit your vulnerability with the consent of your parent or guardian.

## Disclosure

Any vulnerability or bug discovered must be reported to the Team via <security@szns.io>. The disclosure must be made within 24 hours following the discovery of the vulnerability and, as noted above, not have been exploited in any way prior to disclosure or publicized or disclosed to any third party (other than the Team) prior to not only submission of the report, but also fixing of the bug / vulnerability.

## Rewards

All submissions are evaluated by the Team on a case by case basis. Rewards are allocated based on the severity of the issue, and other variables, including, but not limited to a) the quality of the issue description, b) the instructions for reproducibility, and c) the quality of the fix (if included). A detailed report of a vulnerability increases the likelihood of a reward and may increase the reward amount. Therefore, please provide as much information about the vulnerability as possible.

The Program intends to follow a similar approach as the Ethereum Bug Bounty, where the severity of the issues will be based according to the OWASP risk rating model based on “Impact” and “Likelihood”. The evaluation on scoring is however at the sole discretion of the Team.

All rewards are paid in USDC or ETH equivalent via a transfer to the wallet address provided by the participant to the Team. The reward can be exchanged into other crypto assets or fiat. As a condition of participating in this Program, the participants give Company the permission to share their wallet address and other information provided by them to third parties for the purpose of administering this Program and complying with applicable laws, regulations, and rules.

The reward will be received in USDC token based on the following severity scheme:

Note = Up to 100 USDC

Very low = Up to 500 USDC

Low = Up to 1,000 USDC

Medium = Up to 5,000 USDC

High = Up to 10,000 USDC

Very High = Up to 50,000 USDC

Critical = Up to 250,000 USDC

[![Bug Bounty](https://github.com/aave/bug-bounty/raw/main/bugBounty.png)](https://github.com/aave/bug-bounty/blob/main/bugBounty.png)

### Other terms

The decisions made regarding rewards are final and binding.

By submitting your report, you grant the Company any and all rights, including without limitation intellectual property rights, needed to validate, mitigate, and disclose the vulnerability. All reward decisions, including eligibility for and amounts of the rewards and how such rewards will be paid, are made at sole discretion of the Company.

Terms and conditions of the Program may be altered at any time. Company may change or cancel this Program at any time, for any reason.


# Apply to Launch as a Featured Collection

Be a featured partner and launch your Collection with SZNS. Apply by [filling out the form here](https://forms.gle/4ysFDDrNRMabjFQDA).


# Privacy Policy

&#x20;Web3 is about allowing users to maintain control over their information.  That’s why NFTree Labs, a Delaware Corporation that runs the Szns.io front-end has taken great lengths to minimize collection of personal data and protect the information you provide us in connection with your use of our services.  We are committed to maintaining your privacy.

&#x20;

This privacy policy is intended to inform you of:

●      The types of information we collect

●      How we use information we collect

●      How we share information we collect

●      How we safeguard information we collect

●      Other important privacy information

&#x20;

This policy applies to you whenever you access or use any domains or subdomains of our website at <http://www.szns.io> (the “Website”), or when you access, use or download any products, services, features, content, widgets, materials or other tools offered by NFTree Labs (collectively, “Services”). For the avoidance of doubt, the Services **Do Not Include** any interaction you have with other users or with smart contracts or any blockchain-based network or service that may be made available on the NFTree Labs Website.  This Privacy Policy does not govern information you choose to exchange directly with other users of the Website, including communications or transactions with other users via the discord channel, as we have no direct control over the collection or use of this information.

&#x20;

Additionally, this policy does not govern information related to your use/interaction with smart contracts, and decentralized protocols, including the Ethereum protocol.  Whether you form a DAO, or utilize some contracts deployed by the SZNS DAO, please use appropriate precautions in what information you share or incidentally reveal in connection with your interactions with the blockchain.  Your relationship with NFTree Labs is governed by our Terms of Use but NFTree Labs does not control or own the smart contracts or the underlying blockchain networks governing the processing of your transactions which are made available on the Website.

### 1. Information We Collect <a href="#suuk5tvqppc5" id="suuk5tvqppc5"></a>

It is not required, but you have the option to create a profile to supplement your use of the Services, and facilitate interactions between users of the Website.  Unless you voluntarily provide such information, we do not obtain personal information directly from you but may obtain information indirectly through electronic communications and third parties (e.g., email, discord, twitter).

&#x20;

We do not save or store any sensitive wallet information, private keys, or transaction details.  However please be aware that such information is or may be recorded on the blockchain network you interact with through our Website.

&#x20;

Automatically or Passively Collected Information: In addition to information you may directly provide us, we may automatically or passively collect information when you access or use our services,including your IP address, device identifiers, click path, use of our Website and other electronic data.

&#x20;

We may also record page views (hit counts) and other general statistical and tracking information, which will be aggregated with that of other users in order to understand how our Website is being used, and for security and monitoring purposes. In order to determine whether your computer is supported by our system, we may collect additional technical information, including your operating system and browser, as well as the presence of any software that our Website may require to operate with your computer, or other third party software on your computer.

&#x20;

**Cookie Policy**\[1]&#x20;

&#x20;

A “cookie” is a small amount of data, often including an anonymous unique identifier, which is sent to your browser from a website's computers and stored on your computer's hard drive. Cookies can be used to provide you with a tailored user experience and to make it easier for you to use a website upon a future visit. We may include cookies on our Website and use them to recognize you when you return to our Website. You may set your browser so that it does not accept cookies. Cookies must be enabled on your web browser, however, if you wish to access certain personalized features of our Services. By using the Website, you consent to this use.

We may also use so-called "pixel tags" – small graphic images (also know as "web beacons" or "single-pixel GIFS") – to tell us what parts of our website have been visited or to measure the effectiveness of searches customers perform on our Site. Pixel tags also enable us to send email messages in a format customers can read, and they inform us whether emails have been opened, to help ensure that our messages are of interest to our users. You can "opt-out" of receiving these types of communications from us by following the directions provided elsewhere in this policy.

&#x20;

Some web browsers transmit “do-not-track” signals to websites. At this time, our Services are not designed to respond to these signals or similar mechanisms from browsers.

&#x20;

Our Cookies may collect certain information about you when you visit the Website and interact with any of our Services. We collect information about when you use Services, the pages within the Website you visit, the links you click on, and the search terms you use.

### 2. Use of Information We Collect <a href="#id-726vw9ewmvu5" id="id-726vw9ewmvu5"></a>

We may use your information for the following commercial purposes:

●      Administer, operate, facilitate, and manage your relationship with NFTree Labs and deliver the Services.

●      To communicate with you about the Services and target our marketing, advertising and sales efforts to enhance your user experience and increase engagement. These communications may alert you to new Services, offerings, features, content and promotional events.

●      Provide you with information about our current Services, or other offerings made available by users of the Website including the listing of Collections and recruitment for DAOs.

●      We also use your information to debug, identify and correct errors;

●      On a de-identified, aggregated basis, for research and development activities, including to analyze how you use the Services to help us understand usage patterns and know if there are problems with the Services or areas ripe for improvement;

●      Contact you or, if applicable, your designated representative(s) by post, telephone, text message, electronic mail, facsimile, etc., in connection with your relationship with NFTree Labs, including with information and updates about our Services.

&#x20;

### 3. Sharing your Information <a href="#yobk3a48p0ws" id="yobk3a48p0ws"></a>

We do not share personal data with third parties for their direct marketing or similar purposes without your consent. We also do not offer financial incentives, preferential service agreements, or any other differences in our prices or Services in exchange for your data.

&#x20;

The manner in which partners, service providers and others with whom we share and/or disclose your information is governed by the policies of such parties, and we shall have no liability or responsibility for the privacy practices or other actions of any such parties. Generally, you can easily recognize when one of our partners is associated with a service. However, certain parties may provide services anonymously, and, in this case, we will only share information that is directly related to the applicable service(s). This may include the incorporation of your personal information into databases maintained to validate information for identity verification, including verification for anti-money laundering and “Know Your Customer” protocols.

&#x20;

Who your information is shared with will include, but is not limited to:

&#x20;

Third-Party Sites: The Website may contain links to third party websites and may redirect you to third party websites. These sites include, among others, service providers who may or may not have a relationship with NFTree Labs. Third party websites are not under our control, and we are not responsible for any third party websites, or the accuracy, sufficiency, correctness, reliability, veracity, completeness, or timeliness of their information, links, changes or updates. The inclusion or access to these websites does not imply an endorsement by NFTree Labs, or of the provider of such content or services, or of any third party website. Please be aware that when you enter a third party website, any information you provide, including financial information, is subject to the terms of use and privacy policy of that website.

&#x20;

Service Providers: To operate the Services we share information about you as needed with our service providers, accountants, auditors, lawyers, payment processors, information technology consultants, advisors and our affiliates to help improve our services, address technical errors or protect our users from harm due to security risks. We only share information to the extent it is required to fulfill our obligations to you and to regulators, and to operate the Website and the Services.&#x20;

&#x20;

### 4. Safeguarding Your Personal Information <a href="#lfvkhus9cy8r" id="lfvkhus9cy8r"></a>

Security Systems and Processes: We have put in place security systems designed to prevent unauthorized access to or disclosure of Personally Identifiable Information, and we take all reasonable steps to secure and safeguard this Information, including:

●      We use industry standard encryption technology for any information we store;

●      NFTree Labs employees are required to acknowledge that they understand and will abide by this policy with respect to the confidentiality of Personal Information;

●      Where applicable, companies that we do business with agree to abide by this policy and apply similar safeguards to Personal Information;

●      We provide access to our databases containing Personal Information on a need-to-know basis only;

●      We use automated tools to monitor network traffic to identify unauthorized attempts to upload information, change information, or otherwise seek to "hack into" our systems

&#x20;

Our security systems are therefore structured to deter and prevent hackers and others from accessing information you provide to us. Please understand, though, that this information should not be construed as a warranty that our security systems are fail proof.&#x20;

### 5. Other Important Privacy Information <a href="#id-93pzqxi871ps" id="id-93pzqxi871ps"></a>

Opting Out of Communications: If you wish to stop receiving marketing or promotional communications or to opt out of use of your information for the purposes described in this policy, please follow the opt-out instructions, such as clicking “Unsubscribe” (or similar opt-out language), in those communications. You can also contact us at <team@szns.io> to opt out. Despite your indicated email preferences, we may send you service-related communications, including notices of any updates to our terms of service or this policy. Please understand that you will not be allowed to opt–out of certain communications required to comply with applicable laws, rules and regulations or other legal and related notices concerning your relationship to the Website.\[2]&#x20;

&#x20;

Changing or Deleting Information: All users may review, update, correct or delete the Personal Information furnished by a user by contacting us at <team@szns.io>. If you request, we will take reasonable steps to remove your personal information from our databases. Please understand, however, that certain Personal Information may remain in our databases following the deletion of your account pursuant to our data retention policy.

&#x20;

Data Retention: We retain information we collect for as long as you use the Services or as necessary to fulfill the purposes for which it was collected, provide our Services, resolve disputes, establish legal defenses, enforce our agreements and comply with applicable laws. We may retain information that is otherwise deleted in anonymized and aggregated form, in archived or backup copies as required pursuant to records retention obligations or otherwise as required by law. We may retain an archived copy of your records as required by law or for legitimate business purposes.

&#x20;

Lost or Stolen Information: You must promptly notify us if you become aware that any information provided by or submitted to the Website is lost, stolen or used without permission.

Download or Access Personal Information: You can ask us for a copy of your Personal Information,including a copy in machine readable form, by emailing us at <team@szns.io>

Changes to this Policy: Each time you visit our Website or use our Services, the current version of this privacy policy will apply. When you use our Website, you should check the date of the last update to the policy (which appears at the top of the policy) and review any changes since the last version. Our business changes frequently and this policy is subject to change from time to time. Unless stated otherwise, our current policy applies to all information that we have about you. We may require you to affirmatively assent to a revised version of this policy as a condition of continuing to use the Website or our Services.

&#x20;

Further Resources: If you wish further information concerning privacy policies in general, and concerning online social networking and safety, you should visit the FTC’s website.

We Operate in the United States: NFTree Labs is based in the United States. The Services are controlled and operated by us from the United States and are not intended to subject us to the laws or jurisdiction of any state, country or territory other than that of the United States. Your personal information may be stored and processed in any country where we have facilities or in which we engage service providers, and by using the Services, you consent to the transfer of information to countries outside of your country of residence, including the United States, which may have data protection rules that are different from those of your country. In certain circumstances, courts, law enforcement agencies, regulatory agencies or security authorities in those other countries may be entitled to access your personal information.

&#x20;

**GDPR**

European Economic Area Residents: If you are an individual residing in the European Economic Area (“EEA”), we collect and process information about you only where we have legal bases for doing so under applicable EU laws, including the General Data Protection Regulation (“GDPR”). The legal bases depend on the Services you use and how you use them. This means we collect and use your information only where:

●      We need it to provide you the Services, including to operate the Services, perform a contract with you, take necessary steps prior to performing a contract or at your request, provide customer support, and to protect the safety and security of the Services;

●      It satisfies a legitimate interest (which is not overridden by your data protection interests), such as for research and development, to market and promote the Services, to personalize services you receive, and to protect our legal rights and interests

Nearly all of the information we gather from you is solely based on your explicit consent to provide that information via the Website run by NFTree Labs.  You are free to use the Website without creating a profile, and you may create a profile without providing all of the possible data elements.&#x20;

&#x20;

Information gathered based on our legitimate interest, or provided with your consent may also be stored to allow NFTree to comply with legal obligations.

&#x20;

You may remove/delete your profile and all information associated with it at any time - however, this will not affect any processing that has already taken place. Where we are using your information because we or a third party (e.g. your employer) have a legitimate interest to do so, you may object to that use though, in some cases, this may mean no longer using the Services. To do so, please email us at <team@szns.io>.

&#x20;

In the event of a data breach, we will endeavor to notify you within 72 hours of detection of a breach that we conclude poses significant risks to your rights and freedoms under the GDPR. You may also lodge a complaint with a supervisor authority in the EEA member state in which you reside.

&#x20;

Additionally, data that is collected/entered onto a blockchain protocol by you is not subject to control by NFTree Labs or any other individual or entity, and as a result information you willingly provide to interact with smart contracts or blockchain networks is immutable and may not be subject to deletion.

&#x20;

**CCPA**

NFTree Labs does not sell users personal information for marketing purposes.  If you’d like to request a copy of information you’ve shared with NFTree Labs through use of our website, please contact us at <team@szns.io>

Contact Us: If you have any questions about this policy, please contact us by email as follows: <team@szns.io>


# Terms and Conditions

Welcome to our SZNS Terms of Service (“Terms”). These Terms are provided by NFTree Labs, Inc. and our affiliates (referred to as “we”, “us”, “our” and “SZNS” or “Szns”) and govern some aspects of your use of Szns.io, the SZNS Website, and our other websites, webpages, platforms, applications, games, products and services (collectively, our “Site”). Throughout these Terms, we will refer to you as “you” and “User”.  For the avoidance of doubt this excludes the SZNS DAO which is a decentralized autonomous organization empower by the Szns community and other ethereum holders to maintain/perform critical network functions related to the Szns protocol.

Our Site is provided to you to enable you to support and interact with your community and your favorite content creators, NFT collectors, influencers, athletes, musicians, artists and celebrities (collectively, “Creators”). For Creators and collectors, our Site enables you to engage with, receive support from, and create marketplaces for your fans, followers and other Creators. These Terms constitute a binding, legal agreement between you and us and apply to all Users who access or use our Site.

Szns is a decentralized peer-to-peer protocol that people can use to create liquidity and trade ERC-20, ERC-721, and ERC-1159 tokens, among other digital assets. While NFTree Labs Inc. d/b/a Szns manages the front end UI and website, owns trademarks etc, the underlying smart contract network (the “Szns Platform” or “Szns Protocol”) is made up of free, public, open-source or source-available software including a set of smart contracts that are deployed on the Ethereum blockchain protocol. Your use of the Szns protocol involves various risks, including, but not limited to, losses while digital assets are being supplied to the Szns protocol and losses due to the fluctuation of prices of tokens in a trading pair or liquidity pool. Before using the Szns Platform, you should review the relevant documentation to make sure you understand how the protocol works. Additionally, just as you can access email email protocols such as SMTP through multiple email clients, you can access the Szns protocol through dozens of web or mobile interfaces. You are responsible for doing your own diligence on those interfaces to understand the fees and risks they present.

Szns does not provide, own, or control the Szns Platform, which is run by smart contracts deployed on the Ethereum blockchain. Upgrades and modifications to the protocol are managed in a community-driven way.

**IMPORTANT NOTICE – LIMITATION OF LIABILITY, CLASS ACTION WAIVER, & ARBITRATION REQUIREMENT: THESE TERMS CONTAIN PROVISIONS THAT LIMIT OUR LIABILITY TO YOU AND REQUIRE YOU TO RESOLVE ANY DISPUTE WITH US THROUGH FINAL AND BINDING ARBITRATION ON AN INDIVIDUAL BASIS, WHICH MEANS THAT YOU WAIVE AND WILL NOT HAVE THE RIGHT FOR A JUDGE OR JURY TO DECIDE YOUR CLAIMS, IF ANY, AND THAT YOU MAY NOT PROCEED IN A CLASS, CONSOLIDATED OR REPRESENTATIVE CAPACITY. SEE “DISCLAIMER OF WARRANTIES & LIMITATIONS OF LIABILITY” AND “DISPUTE RESOLUTION” BELOW FOR MORE INFORMATION.**

&#x20;

**You may have the opportunity on our Site to earn, buy, trade, donate, exchange and otherwise use various digital currencies, non-fungible tokens and other assets, including the SZNS Governance Token (“Digital Assets”). Digital Assets that you may acquire on our Site are not intended as investments - they are designed for use and engagement between Creators, Collectors and their fans. As with any asset, the value of Digital Assets can go up or down, and there can be a substantial risk that you lose value buying, trading, donating and exchanging Digital Assets. You should carefully consider whether trading or holding Digital Assets is suitable for you in light of your financial condition. SZNS, like just about any other Digital Asset-based product or service is not registered with the U.S. Securities and Exchange Commission because it does not offer securities or securities-related services in the United States or to U.S. persons.**

&#x20;

**Certain portions, features, or functionalities of the Site may be subject to different or additional terms, rules, guidelines or policies (“Additional Rules”), and we may provide such Additional Rules to you via postings, pop-up notices, links, or other means at the time that you access or use the relevant area, feature or functionality. From time to time, such Additional Rules may conflict with this agreement; in the event of such a conflict, the Additional Rules will control.**

&#x20;

**NO INVESTMENT ADVICE**

You acknowledge that SZNS does not provide investment advice or a recommendation of securities or investments. Furthermore, you agree that the contents of the SZNS Website do not constitute financial, accounting, legal or tax advice. You should always obtain independent financial and tax advice from your professional advisers before making any financial decisions.

&#x20;

**Restrictions on Data Collection/Termination**

&#x20;

Without our prior consent, you may not:

&#x20;

●      Use any automated means to access this Site or collect any information from the Site (including, without limitation, robots, spiders, scripts or other automatic devices or programs);

●      Frame the Site, utilize framing techniques to enclose any Content or other proprietary information, place popup windows over this Site's pages, or otherwise affect the display of this Site's pages; engage in the practices of "screen scraping", "database scraping" or any other activity with the purpose of obtaining content or other information; or

●      Use this Site in any manner that violates applicable law or that could damage, disable, overburden, or impair this Site or interfere with any other party's use and enjoyment of this Site.

&#x20;

We may terminate, disable or throttle your access to, or use of, this Site and the Services for any reason, including without limitation, if we believe that you have violated or acted inconsistently with any portion of these Terms of Use.

**Eligibility**

*Your access is conditioned upon you meeting eligibility requirements*

If you access or use our Site, you represent and warrant the following:

(i) you are at least 18 years or older, or the age of majority in your jurisdiction of residence,

(ii) you are legally competent and able to be bound by these Terms, and

(iii) you have not been previously banned from using our Site for any reason.

If you are unable to make these representations and warranties or don’t agree to any part of our Terms, you may not access or use our Site.  Szns is a platform for collectibles, and collectors - just because this Site allows the trading of NFT’s that may depict art or graphics this is not a product for Children. &#x20;

**Digital Assets**

*What you can do with Digital Assets on this Site*

As described above, through the Site, you may have the opportunity to earn, buy, trade, donate, exchange and otherwise use various digital currencies, non-fungible tokens (“NFTs”) and other assets, including assets native to Szns (collectively, “Digital Assets”). Digital Assets are not legal tender and are not backed by any government, and they are not subject to protections or insurance provided by the Federal Deposit Insurance Corporation or the Securities Investor Protection Corporation. **Digital Assets that you may acquire on our Site are not intended as investments - they are designed for use and engagement between Creators and their fans.**

*You accept the risk of transacting with Digital Assets*

‍‍While the Site may provide information about the estimated value of Digital Assets, including $SZNS, $BTC, $ETH and NFTs, and may include information about their historical value, the fiat value of all Digital Assets are subject to volatility and change, and Digital Assets could lose their value, both on an individual as well as a network-wide basis. Szns does not directly control and is not responsible for the value of any Digital Assets and makes no guarantee, express or implied, of their value in fiat. You acknowledge and agree that any purchase of or transaction in Digital Assets conducted by you or on your behalf is made voluntarily, willfully, and exclusively at your own risk.

*Szns does not provide you with advice or regulated services*

This is a website and platform to enable collectors - think Ebay 2.0 but a lot cooler.  NFTs listed on Szns are those that have collectible value or functionality appealing to collectors, gamers and fans.  You acknowledge and agree that Szns does not offer securities-related services in the United States or to U.S. persons and is not registered with the U.S. Securities and Exchange Commission. Szns does not provide investment, financial, tax, or legal advice. The information and applications provided in connection with the Site does not constitute investment advice, financial advice, trading advice, or any other sort of advice, and should not be treated by any user as such. Szns makes no recommendation and, apart from providing estimated value or historical value data in certain circumstances, does not provide any advice about the actual present fiat value of any Digital Asset.

&#x20;

**PLEASE NOTE: Your ability to use all features on the Site may be limited, depending on your place of residence because of jurisdictional restrictions. Residents of** [**US Sanctioned countries** ](https://home.treasury.gov/policy-issues/financial-sanctions/sanctions-programs-and-country-information)**may not use the Site or any features of the Site. You are responsible for understanding and complying with these restrictions if you decide to interact with the Site. These restrictions are subject to change.**

**Non-Fungible Tokens**

*What it means to own a NFT*

You may have the opportunity to purchase non-fungible tokens, or NFTs, on our Site.  All NFTs minted and /or distributed through our Site and purchased or received by you are subject to the license rights described in this section, and you agree that any Creator NFT that you purchase or receive may be subject to certain licenses, restrictions and other limitations.  **Remember, just because you own an NFT does not mean you own the underlying copyright**.

When you own a NFT, you are owning a digital token that represents ownership of a piece of art, a video or audio clip, a digital image, or any other work.  However, it is important for you to understand that your ownership of the NFT does not give you any ownership in the intellectual property underlying the actual creation that is represented by the NFT. Similar to the way you may download a song, that digital copy of the song is yours to keep and listen to, but you don’t own the copyright to the song itself, and you can’t record it and sell copies for yourself.&#x20;

*Listing an NFT*

If you list an NFT on the Szns Platform, you represent and warrant that you are authorized and have legal rights to list, sell, fractionalize or otherwise transfer the NFT on the Szns Platform.  Listing an NFT on the Szns Platform that violates our Terms, or violates the Intellectual Property

*The rights that you do not get through the Creator NFT that you own*

Unless such rights are expressly provided by the creator of the NFT, the ownership of an NFT does not necessarily provide the following rights:

\- You may not have the right to make commercial use of the creation underlying the NFT including, for example, by selling copies of creation, selling access to the creation, developing and selling derivative works, including merchandise, that embody the creation, including it within other media that you sell or promote commercially, or otherwise commercially exploiting, or allowing others to exploit, the creation in any manner. Again, the ownership of the NFT only relates to the NFT, and not the underlying creation.

\- You may not have the right to (i) advertise or promote any third party product or service with the NFT; (ii) use or display the creation in a manner that associates it with hate speech, racism, intolerance, violence, cruelty, or anything else that could put the creation or NFT in a negative light or infringe upon the rights of others; (iii) attempt to trademark, copyright, or otherwise acquire intellectual property rights in or to the creation; (iv) tokenize or mint a cryptographic token representing the creation; or (v) misrepresent the creator of the creation, including by claiming that you created it if you did not.

**Ownership**

If you earn, buy and otherwise receive Digital Assets on the Site, such Digital Assets are owned by you. That information is not maintained by Szns, but exists on blockchains including, but not limited to the Ethereum blockchain protocol.   Szns has no title or ownership rights over Digital Assets in your own wallet or listed on the platform. As the owner of the Digital Assets, you will bear all risk of loss with respect to the Digital Assets. Szns will have no liability for any change or fluctuation in the value of any Digital Assets.

YOU BEAR FULL RESPONSIBILITY FOR VERIFYING THE IDENTITY, LEGITIMACY, AND AUTHENTICITY OF ASSETS YOU PURCHASE ON SZNS. NOTWITHSTANDING INDICATORS AND MESSAGES THAT SUGGEST VERIFICATION, SZNS MAKES NO CLAIMS ABOUT THE IDENTITY, LEGITIMACY, OR AUTHENTICITY OF ASSETS ON THE PLATFORM.

You acknowledge and agree that you are solely responsible for deciding on the suitability, value, and appropriateness of Digital Asset ownership for yourself. You agree and understand that you access and use the Site at your own risk, and that when you purchase any Digital Assets on the Site, such purchase is made of digital goods that you have made the decision to purchase on your own accord.

**YOU ACKNOWLEDGE AND AGREE THAT ONCE PURCHASED, THERE ARE NO REFUNDS ON ANY DIGITAL ASSETS.   ALL COMPLETED TRANSACTIONS ARE FINAL AND NON-REVERSIBLE.**

**Prohibited Uses of the Site**

You agree you will not (and will not cause or encourage any third party to) use the Site, products and services in any of the following ways:

\- To create a false identity, create a false account or accounts, create multiple accounts, submit false or inaccurate information or impersonate any person or organization;

\- To violate any law, regulation or court order or otherwise conduct any illegal activity;

\- To infringe on or misappropriate the intellectual property, privacy, publicity, moral, or other legal rights of any third party;

\- To disclose any sensitive, embarrassing, private or inappropriate information about yourself or any third party that should not be publicly disclosed;

\- To engage in actions that are abusive, racist, sexist, discriminatory, harassing, harmful, threatening, hateful, derogatory, pornographic, indecent, profane, obscene, or otherwise objectionable, as determined in our sole discretion;

\- To engage in actions that involve or support the exploitation or abuse of animals;

\- To use any spambot, bot net or other bot, scraper or other automated means to access, collect data, damage, disrupt or interfere with uses of our Site or systems, or transmit any virus, worm, Trojan or other malware or spyware to or through the Site;

\- To modify, adapt, sublicense, translate, sell, reverse engineer, decompile or disassemble any portion of any of the Site, or copy or obtain information from our site for competitive purposes; or

\- For commercial purposes or to advertise third party products or services other than Szn’s products and services, unless specifically approved by us.

**Album Specific Terms**

**Szns allows you to create collections of NFTs (“Albums”) for use, sale and engagement purposes.   The following Section applies solely to Users who create and list Albums (“Producers”).  All other sections of these Terms apply to all Users of this Site, including Producers.**

**ALL ALBUMS LISTED ON SZNS.IO ARE LISTED BY NON-AFFILIATED THIRD PARTIES.  NEITHER SZNS NOR NFTREE LABS WILL LIST ALBUMS FOR SALE ON THE SITE.  ANY SUCH ALBUM LISTINGS MUST COMPLY WITH APPLICABLE LAWS - SZNS RESERVES THE RIGHT TO REMOVE ANY ALBUM ON ITS PLATFORM IF THERE IS A VIOLATION OF THESE TERMS.**

**IF YOU PURCHASE AN ALBUM YOU REPRESENT AND WARRANT THAT YOU UNDERSTAND THE RISK OF PURCHASING ALBUM TOKENS THAT ARE NOT VETTED OR ASSOCIATED WITH SZNS OR NFTREE LABS.  SZNS IS ONLY A PLATFORM TO FACILITATE THE TRADING OR SOCIAL INTERACTION BETWEEN NFT COLLECTORS, DAOS AND OTHERS - IF YOU PURCHASE AN ALBUM OR ITS TOKEN AND YOU ARE UNHAPPY, IT IS YOUR RESPONSIBILITY TO CONTACT THE ALBUM LISTER/CREATOR FOR ANY RECOURSE.**&#x20;

&#x20;

Our Site provides you, the Producer, with tools to engage with, receive support from and reward your fans, including through creation of your own Album. You will have the opportunity to build your own digital engagement and interact with and grow your community. We will need some information from you to get you set up and onboarded as a Producer and to maintain or improve your profile. Your profile will enable you to set up your own personalized information on our Site.  We may ask you for your name, your screen name, alias or preferred nickname, your contact information, including your email address and social media and social messaging handles, as well as other information that may be relevant to getting you set up. We may ask you for additional information from time to time to improve your profile, the Site or to help promote the Site or your involvement with Szns. You agree that you will provide us with accurate, true, and complete information about yourself whenever you are prompted to provide us with information, and that you will update such information whenever it changes.

If you decide to launch Albums on the Site, you represent and warrant the following:

\- You are the original creator of the Album and have appropriate right and authority to include the NFTs you’ve selected in the Album, and you are the exclusive holder of all legal right, title and interest in all intellectual property rights (including applicable copyright and trademark rights) in and ancillary to such creation and all elements of such creation, unencumbered by the rights of any third party.

\- You have not misappropriated, used or copied the artwork, music, likeness or any copyrighted work of any third party in creating your creation.

\- You have not and will not, and you will not solicit or cause any third party to, launch a NFT or token that represents any creation for which you previously minted an exclusive NFT, or launch more than what has been promoted as a limited edition NFT.

-You are not listing an Album, or offering that complies with applicable securities regulations or other laws that govern the commercial sale/purchase of tokens.&#x20;

*Your license grant to Szns*

You agree that by participating on our Site as a Producer, you grant us a non-exclusive, worldwide, irrevocable, unlimited, sublicensable (through multiple tiers of sublicenses), perpetual, royalty-free, fully paid license to reproduce, copy, distribute, publicly display, publicly perform, edit, host, store and otherwise use your name, nickname, handle, logo, symbol, initials, likeness, image, photograph, animation, avatar, autograph, voice, statements or quotes, recorded video portrayal, live streams or related recordings, public persona, biographical information, back-story and related materials, and your creations underlying any Album that you launch on the Site (“Producer Materials”), and create derivative works thereof, in physical and/or digital embodiment of Producer Materials in any and all media and distribution channels, whether now known or hereafter invented, to be used for commercial, marketing, promotional and development purposes for our Site. The purposes for which your Producer Materials or derivative works thereof may be used may include creating a profile for you or featuring you as a Creator for other Szns products, applications and websites, and enabling our sublicensees to create products related to or integrated with Szns or other Szns products, applications and websites for commercial, marketing, promotional and development purposes. You agree that the Producer Materials are non-confidential, non-proprietary, and do not contain or include any information which you do not have the right to disclose or that you do not wish to be disclosed.

*Your license grant to Szns Users, including owners of your Album*

If you list an NFT or create an Album on the Site, your listing constitutes your grant to any legal owner of your Album or the NFTs in your Album a limited, worldwide, nonassignable, non-sublicensable, royalty-free license to publicly or privately display the assets or artwork, or in the case of any audiovisual work, to publicly or privately perform the audiovisual elements, underlying the Album.

&#x20;

Any secondary transfer activity of Album ownership tokens that were originally minted by the protocol can occur over any interface or medium that enables interaction with the decentralized Ethereum blockchain protocol, such as a decentralized exchange, ethereum wallet, or other smart contracts. Transactions on the Ethereum blockchain protocol will be affected between participants (i.e Producers, collectors and sellers). By participating on the Ethereum blockchain protocol, you acknowledge your understanding that: (i) all transactions will be executed using tools made available for the ethereum blockchain network, (ii) all negotiations and confirmation activities will be performed by Users, independent third-parties, or smart contracts and will not involve Szns or NFTree Labs, and (iii) Szns does not receive, transfer or hold funds or ownership tokens on any centralized database or server.

&#x20;

**Trademarks**

&#x20;

Szns and other Company graphics, logos, designs, page headers, buttons, icons, scripts and service names are registered trademarks, trademarks or trade dress of the Company in the U.S. and/or other countries.  The Company’s trademarks and trade dress may not be used, including as part of trademarks and/or as part of domain names, in connection with any product or service in any manner that is likely to cause confusion and may not be copied, imitated, or used in whole or in part, without prior written permission of the Company.

&#x20;

&#x20;

**Content**

*Content on the Site*

The Site contains copyrighted material, trademarks and other proprietary information, including videos, comments, articles, information, catalogs, brochures, data, text, software, photos, and graphics (“Content”). This Content is subject to copyrights owned by Szns, its affiliates, and/or its licensors, and is protected by United States and international intellectual property laws. You may not either directly or through the use of any device, software, internet site, web-based service, or other means, modify, publish, transmit, stream, upload, display, participate in the transfer or sale, create derivative works, or in any way exploit the Content of the Site or any portion of such Content except as expressly provided herein. You may not use any data mining, robots, or similar data gathering and extraction tools on the Content, frame any portion of the Site or Content, or reproduce, reprint, copy, store, publicly display, broadcast, stream, transmit, modify, translate, port, publish, sublicense, assign, transfer, sell, loan, or otherwise distribute the Content without our prior written consent. You may not circumvent any mechanisms included in the Content for preventing the unauthorized reproduction or distribution of the Content. You may not introduce viruses or any other computer code, files, or programs that interrupt, destroy, or limit the functionality of any computer software or hardware or telecommunications equipment; or damage, disable, overburden, impair, or gain unauthorized access to the Site, including Szn’s servers, computer network, or user accounts. Any use of the Content not expressly permitted by these Terms is a breach of these Terms and may violate U.S. or international copyright, trademark, and/or other laws

*Your submissions to the Site*

You may have the opportunity to, and you may choose to, interact with our Site through submissions of chats, materials and posts to our Site or through third-party social media platforms and sites. You may also have comments, suggestions or other feedback about our Site, products and services that you may provide. This content is collectively referred to in these Terms as “Submissions”. In making any Submission, you hereby grant to us a non-exclusive, royalty-free, fully paid, unlimited, worldwide, sublicensable, perpetual, and irrevocable license, in any and all manner and media, whether now known or hereinafter invented, to use, reproduce, license, distribute, modify, adapt, reformat, publicly perform, publicly display, create derivative works of, and otherwise use the Submissions for any and all commercial, promotional, marketing, promotional and development purposes. You waive all moral rights that you may have in your Submissions. You understand that we have no obligation to use, publicize, distribute or take any actions with respect to your Submission, and that if we do use your Submission, that we do so in our sole discretion and may remove, or refuse to remove, any Submission at our sole discretion. Any Submission that you provide to us is at your own risk and in full acknowledgement of these Terms. In granting us this license, you represent and warrant that you possess all rights necessary to grant us the license rights described above.  Submissions that violate our Terms may be grounds for the removal of your Submissions and/or your use of the platform.

**Third Party Websites and Services**

*Third party services on the Site*

Certain third party services may be required for you to transact on our Site and to use our products and services. These third party service providers may include: MetaMask, Snapshot, compliance service providers, other wallet operators, authentication service providers, application developers and others. You represent that you are legally competent and able to agree to the terms and conditions of such third party service providers as such terms and conditions may be updated and amended from time to time.

*Third party linked sites*

The Site may also contain links to third-party websites and services, including social media (collectively, “Linked Sites”). Linked Sites are not under our control, and we take no responsibility for any information or materials on, or any communications or transmissions received from, any Linked Site. By including a link on our Site to the Linked Site, we are not endorsing the Linked Site. We provide links to Linked Sites for your convenience only, and your access Linked Sites is done at your own risk.

**Privacy**

Please review our [Privacy Policy](https://docs.szns.io/legal-and-misc/privacy-policy)\[3] \[4] , which describes how we collect information on the Site and how we use, process and share it. Without limiting the terms of our \[[Privacy Policy](/legal-and-misc/privacy-policy)]\(<https://www.rally.io/legal/privacy/>), you agree by using our Site that we do not and cannot guarantee that your use of the Site and the information provided by you or to you through the Site will be private or secure. You are responsible for using the precautions and security measures best suited for your situation and intended use of the Site. We reserve the right at all times to disclose any information as we deem necessary to satisfy any applicable law, regulation, legal process or governmental request.

&#x20;

**Disclaimers Of Warranties & Limitations Of Liability**

&#x20;

**UNLESS EXPRESSLY PROVIDED OTHERWISE, OUR SITE AND ANY ASSOCIATED PRODUCTS AND SERVICES ARE PROVIDED "AS IS" AND “AS AVAILABLE” WITHOUT WARRANTY OF ANY KIND, EXPRESS OR IMPLIED.** We specifically disclaim all warranties and conditions of any kind, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title, non-infringement, freedom from defects, uninterrupted use and all warranties implied from any course of dealing or usage of trade. We do not warrant that (a) the Site will meet your requirements, (b) operation of the Site will be uninterrupted or virus- or error-free or (c) errors will be corrected. Any oral or written advice provided by us or our authorized agents does not and will not create any warranty. **SOME JURISDICTIONS DO NOT ALLOW THE EXCLUSION OF IMPLIED WARRANTIES WHICH MEANS THAT SOME OR ALL OF THE ABOVE EXCLUSIONS MAY NOT APPLY TO YOU.**

In addition, you acknowledge and agree that the Szns Network is governed by the decentralized Szns Community, and that certain vendors, agencies, advisors and partners are engaged in providing services to or on behalf of the Szns Community (together with the Szns Community, “Szns Community Parties”). You acknowledge and agree that the Szns Community Parties are not affiliated with us or our Site, products and services, and accordingly, the Szns Community Parties owe no duty or obligation to you, and your use of our Site, products and services gives you no rights whatsoever with respect to the Szns Community Parties.

**YOU AGREE THAT IN NO EVENT WILL WE OR THE SZNS COMMUNITY PARTIES BE LIABLE (Y) FOR DAMAGES OF ANY KIND, INCLUDING DIRECT, INDIRECT, SPECIAL, EXEMPLARY, INCIDENTAL, CONSEQUENTIAL OR PUNITIVE DAMAGES (INCLUDING, BUT NOT LIMITED TO, PROCUREMENT OF SUBSTITUTE GOODS OR SERVICES, LOSS OF USE, DATA OR PROFITS OR BUSINESS INTERRUPTION), HOWEVER CAUSED AND UNDER ANY THEORY OF LIABILITY, WHETHER ARISING IN ANY WAY IN CONNECTION WITH THESE TERMS AND WHETHER IN CONTRACT, STRICT LIABILITY OR TORT (INCLUDING NEGLIGENCE OR OTHERWISE), EVEN IF WE HAVE BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGE OR (Z) FOR ANY OTHER CLAIM, DEMAND OR DAMAGES WHATSOEVER RESULTING FROM OR ARISING OUT OF OR IN CONNECTION WITH YOUR USE OF OUR SITE, PRODUCTS AND SERVICES.**

The disclaimer of liability detailed above will not apply to the extent prohibited by applicable law in the jurisdiction of your place of residence. You acknowledge and agree that the above limitations of liability together with the other provisions in these Terms that limit liability are essential terms and that we would not be willing to grant you the rights set forth in these Terms but for your agreement to the above limitations of liability.

**Indemnification**

You agree to indemnify and defend us and our affiliates and our respective directors, officers, agents, employees, principals, successors, assigns, subsidiaries or affiliates (collectively, “Szns Parties”) from and against all losses, liabilities, actual or pending claims, actions, damages, expenses, costs of defense and reasonable attorneys’ fees brought against us by any third-party arising from your violation of these Terms, the rights of a third-party or applicable law. We reserve the right, at our own expense, to assume the exclusive defense and control of any matter subject to indemnification hereunder. In any event, no settlement that affects our rights or obligations may be made without our prior written approval.

&#x20;

**Assumption of Risk**

By using this Site and transacting with Digital Assets, you acknowledge and accept the following risks:

\- Digital Assets on the Site are not intended to be purchased for speculative purposes, but for purposes of enjoyment, entertainment and expressions of fandom, among other reasons. You acknowledge and accept that Digital Assets may fluctuate in price, and their value and price can be extremely volatile. We cannot guarantee that any Digital Assets will retain the value that it was purchased for.

\- Using an Internet based Digital Asset and related blockchain technologies may come with certain risks, including but not limited to the risk of hardware, software and Internet connections, the risk of malicious software introduction, and the risk that third parties may obtain unauthorized access to your Digital Assets. You accept and acknowledge that Szns is not responsible for any disruptions, errors, distortions or delays you may experience in relation to use of Digital Assets on the Site.

\- There is continued uncertainty around, and new developments arising in, regulations governing cryptocurrencies, blockchain technologies, and digital assets like the Digital Assets available on the Site, and new regulations or policies may materially adversely affect the Site or the nature of the Digital Assets that you hold or transact with.

\- There are risks associated with purchasing content that is launched by Producers, including but not limited to, the risk of purchasing assets that infringe the rights of other parties, knockoffs and counterfeits, mislabeled assets, and assets that may become untransferable for a variety of reasons. Szns reserves the right to takedown and otherwise not display Digital Assets affected by any of these or other issues. Under no circumstances will your inability to view or transfer your Digital Assets serve as grounds for a claim against Szns.

&#x20;**Governing Law**

These Terms are governed by and construed and enforced in accordance with the internal laws of the State of Delaware, without giving effect to the principles of conflicts of laws of Delaware or any other state, and are binding upon the parties hereto in the United States and worldwide. You and we agree that the United Nations Convention on Contracts for the International Sale of Goods does not apply to the interpretation or construction of these Terms.

&#x20;

By agreeing to these Terms, you explicitly agree that any claims or actions that you may otherwise have against us under the laws of any jurisdiction outside the United States are hereby waived, including without limitation, any claims or actions under the laws of your own country, and that your sole location and applicable law for any dispute is in the United States according to the terms of this Section.

**Termination**

*Termination of access and account*

These Terms automatically terminate, and your rights to use our Site, products and services also terminate, if you fail to comply with any aspect of our Terms. In addition, we may terminate, suspend or modify your account or your access to the Site, with or without notice to you, at any time for any reason. If you wish to terminate your participation on our Site, please provide us with written notice of your desire to terminate via email to <support@szns.io>.&#x20;

&#x20;

Please be aware that Szns does not own or have the ability to restrict access/authorization to the network of smart contracts hosted on the Ethereum blockchain protocol.  And even though you’re use of the Szns Site may be terminated, you may still have access to the underlying smart contract addresses and wallets that would enable you to buy, sell and engage with Albums, or NFTs.

&#x20;

*Reservation of our rights*

Termination of these Terms or your account will not limit any of our other rights or remedies. Those provisions that by their nature are intended to survive termination or expiration of these Terms shall so survive.

&#x20;

**Claims Of Copyright Infringement**\[5] \[6]&#x20;

*DMCA takedown claim process*

We respond to notices of alleged infringement as required by the U.S. Digital Millennium Copyright Act (“DMCA”), including by removing or disabling access to material claimed to be the subject of infringing activity.

If you have a good faith belief that your work has been copied in a way that constitutes copyright infringement or that your intellectual property rights otherwise have been violated on or through the Site, please prepare a notice with the following information:

\- your address, telephone number, and email address;

\- a description of the work that you claim is being infringed;

\- a description of the material that you claim is infringing and are requesting be removed along with information about where it is located;

\- a statement that you have “a good faith belief that use of the material in the manner complained of is not authorized by the copyright owner, its agent, or the law.”;

\- an electronic or physical signature of the copyright owner (or a person authorized to act for the copyright owner); and

\- a statement by you, made under penalty of perjury, that the information you are providing is accurate and that you are the copyright owner or authorized to act on behalf of the copyright owner.

Please send your claim or notice of infringement to our DMCA agent to: <team@Szns.io>

With the email subject line: “Szns Network, Inc., Attn: DMCA Agent, Notification of Claimed Infringement”

*Counter-notification on DMCA takedown*

We may give notice to users that content has been removed or disabled by means of a general notice on any of our websites, electronic mail to a user’s e-mail address in our records, or written communication sent by first-class mail to a user’s physical address in our records. If you receive such a notice or believe that a general notice applies to you, you may provide counter-notification in writing to the designated agent that includes the information below. To be effective, the counter-notification must be a written communication that includes the following:

\- Your physical or electronic signature;

\- Identification of the material that has been removed or to which access has been disabled, and the location at which the material appeared before it was removed or access to it was disabled;

\- A statement from you, under penalty of perjury, that you have a good-faith belief that the material was removed or disabled as a result of a mistake or misidentification of the material to be removed or disabled; and

\- Your name, physical address and telephone number, and a statement that you consent to the jurisdiction of a federal district court for the judicial district in which your physical address is located, or if your physical address is outside of the United States, for any judicial district in which we may be found, and that you will accept service of process from the person who provided notification of allegedly infringing material or an agent of such person.

Please do not send any other correspondence or inquiries to our DMCA agent. Our DMCA agent will only respond to notices and inquiries that comply with the requirements of the DMCA. Please see <http://www.copyright.gov/> for more information.

&#x20;**Miscellaneous**

*Entire Agreement*

These Terms, together with our Privacy Statement and any Additional Rules, contain the entire understanding by and between us and you with respect to the matters contained herein and there are no promises, covenants or undertakings other than those expressly set forth herein.

*Assignment*

These Terms (i) inure to the benefit of and will be binding upon us and you and your successors and assigns, respectively, and (ii) may be assigned by us, but you may not assign them without the prior express written consent of us.

*Enforceability*

If any provision of these Terms is or becomes unenforceable or invalid, the remaining provisions will continue with the same effect as if such unenforceable or invalid provision had not been inserted herein.

*No Waiver*

If we or you fail to perform any term hereof and the other party does not enforce such term, the failure to enforce on any occasion will not constitute a waiver of any term and will not prevent enforcement on any other occasion.

*No Agency*

Nothing contained in these Terms will be deemed to constitute us or you as the agent or representative of the other or as joint venturers or partners.

*Force Majeure*

If we or you are prevented from performing or unable to perform any obligation under these Terms due to any cause beyond the reasonable control of the party invoking this provision, the affected party\`s performance will be extended for the period of delay or inability to perform due to such occurrence.

*Headings*

The headings and captions contained herein are for convenience only.

*English Language Controls*

These Terms and all related documentation will be drafted in English. While certain text in these Terms may be made available in languages other than English (whether translated by a person or solely by computer software), the English language version controls.


