The sarape project (hereafter Sarape) a decentralized software system on the Ethereum network. This website (hereafter sarape.io) is only an interface built to help users interact with the Ethereum smart contract of Sarape (hereafter the Sarape Smart Contract), and with the separate Ethereum smart contract of Colorverse (hereafter the Colorverse Smart Contract), which is available through the website colorverse.io and is entirely independent from Sarape.
You are purchasing a unique svg token with a unique token identifier or Token ID. When you purchase a svg on Sarape (hereafter a sarape token) you own the Non-Fungible Token (hereafter NFT) on the Ethereum blockchain corresponding to that particular (svg) token, namely the NFT of the purchased sarape token. However, you do not own the purchased svg or any rights of, or associated with it outside Sarape, namely outside the Sarape Smart Contract context. Ownership of the NFT is mediated entirely by the Sarape Smart Contract and the Ethereum Network: at no point may Sarape seize, freeze, or otherwise modify the ownership of any sarape tokens.
In addition, the Sarape Smart Contract may interact with the Colorverse Smart Contract to verify ownership of Colorverse color tokens and/or to retrieve Colorverse token names (as defined in the Colorverse Smart Contract), which may be used as metadata to form the sarape token name visible on the sarape token svg. The Sarape Smart Contract allows for tokens with a tokenId between 1 and 64 to be claimed (that is, minted for gas costs only, no additional fee) only by the owner of the Colorverse token or tokens with a Token ID corresponding to the color or colors used to mint the sarape token. In the Colorverse Smart Contract, any NFT holder is eligible to name or rename their owned Colorverse tokens on the Ethereum blockchain. Colorverse (that is, colorverse.io) strictly prohibits the use of offensive language in the naming process. Any insulting names will be removed from the interface. Since the smart contracts are open to anyone, we cannot hinder naming or a name change of a Colorverse token on the Ethereum blockchain. Also, Sarape cannot hinder naming or a name change of a sarape token on the Ethereum blockchain.
Users are entirely responsible for the safety and management of their own private keys and Ethereum wallets, and for verifying all transactions generated by the website sarape.io before approving those transactions. Use of sarape.io is at the user's own risk and Sarape is not liable for any incorrect or failed transactions, nor for the gas costs incurred. Furthermore, as the Sarape Smart Contract runs on the Ethereum network, Sarape has no power to undo, reverse, or restore any transactions. By using sarape.io, and any related tools it may provide, you agree to hold Sarape harmless for any and all problems, errors, and failures no matter the cause or source of those errors and accept sole responsibility for all transactions.
All paid prices exclude any possible duties and charges. You (the user) will be solely responsible to pay any and all sales, use, value-added and other taxes, duties and assessments claimed or imposed by your or any governmental authority.
By purchasing a sarape token from the Sarape Smart Contract you (the user) confirm that you are not a citizen or resident of the United States of America, Switzerland nor a resident of a geographic area that is subject to UN-, US-, EU- or Swiss sanctions or embargoes, including: Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Ugand Uganda, Ukraine, Venezuela, Yemen, and Zimbabwe. By entering or using the website, you accept you represent and warrant that you are not resident in those countries.
The information contained on this website is not intended for individuals or entities who are ordinarily resident in the United States of America, Switzerland nor for residents of a geographic area that is subject to UN-, US-, EU- or Swiss sanctions or embargoes, including: Afghanistan, Albania, Belarus, Bosnia & Herzegovina, Burundi, Central African Republic, Cote d'Ivoire, Cuba, Democratic Republic of the Congo, Ethiopia, Guinea, Guinea-Bissau, Iran, Iraq, Lebanon, Liberia, Libya, Myanmar (Burma), North Korea, Republic of Macedonia (FYROM), Serbia, Somalia, South Sudan, Sri Lanka, Sudan, Syria, Thailand, Trinidad & Tobago, Tunisia, Uganda, Ukraine, Venezuela, Yemen, and Zimbabwe. By entering or using the website, you accept you represent and warrant that you are not resident in those countries. The project team behind Sarape (hereafter Sarape) reserves the right to restrict the sale of the NFT token through sarape.io in any jurisdiction or to any individuals or entities at its discretion. Sarape provides the website and its connected services "as is" and "as available," without warranty of any kind. Without limiting this, we expressly disclaim all warranties, whether expressed, implied or statutory, regarding the website. Using applications on the blockchain is associated with a high degree of technological and/or other risks. Holders and/or purchasers of the NFT-Tokens and associated content and artwork are subject to the Terms and Conditions available on this website. The NFT-Tokens are non-fungible tokens representing ownership of digital content/artwork only. Accordingly, no information on this website (or any other documents mentioned therein) is or may be considered to be advice or an invitation to enter into an agreement for any investment purpose. Further, as NFT-Tokens represent content/artwork, nothing on this website qualifies, or is intended to be an offering of securities in any jurisdiction, nor does it constitute an offer or an invitation to purchase shares, securities or any other financial products. Due to the artistic and experimental nature of this project, neither this document nor the NFT-Tokens have been registered with, or approved by any regulator in any jurisdiction. It remains the purchaser's sole responsibility to assure that the purchase of the NFT-Tokens and the associated art is in compliance with laws and regulations in the purchaser's jurisdiction. Sarape undertakes no obligation to publicly update or revise any information or opinions published on the website. Sarape reserves the right to amend the information at any time without prior notice.