Terms and Conditions
We’re here to answer any questions you have about OliveNFTs
Last Updated: 12.11.2025
By purchasing an OliveNFT on our platform, you agree to the following terms and conditions. Please read them carefully before completing your purchase.
1. Definitions and Scope
– An OliveNFT is a digital token created on the blockchain that grants the right to the yield of a designated olive tree, including the annual harvest and processing of olives into olive oil.
– These terms apply to all purchases and sales of OliveNFTs via our website or associated marketplaces
2. Rights of the OliveNFT Holder
– The buyer of an OliveNFT has the right to the annual yield of the assigned olive tree, including the processing of olives into olive oil.
– Ownership of an OliveNFT does not grant any ownership rights to the physical olive trees or the land on which they are located.
– Packaging and shipping costs are not included in the purchase price of the OliveNFT and must be borne separately by the NFT holder if oil delivery is desired.
3. Option to Donate Yield for Tree Cultivation and Heritage Preservation
– Should the OliveNFT holder choose to waive the right to receive the olive oil, they have the
option to donate their share of the yield back to the grove owner. This donation will be used to
support the cultivation and preservation of the olive trees and the traditional agriculture in the region.
4. Resale Conditions for the NFT
– The holder of an OliveNFT is entitled to sell it on supported marketplaces. A royalty fee of
[percentage, e.g., 5%] is due on each resale, payable to the original issuer.
– The purchase or sale of an OliveNFT may incur additional blockchain transaction fees (e.g., gas
fees), which must be covered by the buyer or seller
5. Responsibilities and Expectations of OliveNFT Holders
– Use of the OliveNFT is at the holder’s own risk. All information and services related to the NFT
are provided to the best of our knowledge.
– Holding the NFT does not obligate the buyer to accept the olive oil, and no additional
memberships or obligations apply
6. Limitation of Liability
– The issuer of the OliveNFT assumes no responsibility for fluctuations in the annual harvest
quantity or for external influences, such as weather conditions, that may affect yield.
– The issuer is not liable for losses or damages resulting from the use, trading, or holding of the
NFT on any blockchain
7. Privacy and Confidentiality
– All personal data collected in connection with the purchase and use of an OliveNFT is subject to
the privacy policies provided on our website
8. Changes to Terms and Conditions
– The issuer reserves the right to change these terms at any time. Changes will be communicated
to NFT holders by email or through the website.
9. Governing Law and Jurisdiction
– These terms are governed by the laws of Switzerland and Italy.
– The place of jurisdiction for all disputes relating to these terms is Switzerland.
By purchasing an OliveNFT, you agree to these terms and confirm that you understand the
associated rights and obligations
