Terms & Conditions
These Terms and Conditions ("Terms") constitute a legally binding agreement between you and xWriters.art. Please carefully read and understand these Terms before using our website and services.
Throughout these Terms, the terms "Us", "Our" and "We" refer to xWriters.art.
1. Publishers
Publishers on Our platform may mint keys to later access the articles. However, it is important to note that being a publisher does not confer exclusive ownership of keys, and publishers are not eligible for participation in the quarterly articles airdrop programme, which is designed only for key buyers, this includes collectors and traders.
Publishers who possess all their keys have the opportunity to receive a 95% cashback for minted keys through the burning process, subject to the condition that they have not engaged in any key trading. If a user has traded any of their keys, they retain the ability to perform the burning process but are not eligible for the cashback refund.
During the quarterly articles airdrop programme, publishers will however be awarded token 0 (token with id = 0). This token will be used to offer other services to the publishers such as popularity ranking, featured main page articles, featured category articles, recomended articles, among other sections in the website in descending order (publishers with most token 0 will be ranked at the top).
Publishers are obligated to adhere to a strict content policy. Content published on our platform must not discriminate, harm, or target any groups or societies. Failure to comply with this policy may result in the forfeiture of future royalties related to their key sales to Us.
Furthermore, publishers are required to provide context to their articles by including the title and subtitle. These elements will not be redacted on the website and are intended to provide users with necessary context.
Lastly, publishers are not allowed to vote on the articles that they've published. They can however, within their articles, encourage their readers to vote their articles.
1.1 Intellectual Property Rights
Publishers retain full rights to the published content as long as they possess all the keys. They may decide to burn the keys, at which point they forfeit these rights (respective content would have been destroyed). Publishers will continue to enjoy royalties set on their content until the moment they decide to burn the keys. Burning the keys is a voluntary action, except in cases where content is found to be harmful or abusive, leading to punitive measures by Us such as denial of royalties earned from subsequent trades.
2. Traders and Collectors
Traders and collectors are subject to specific limitations. They may resell their keys, but the resale price is limited upto ten times of the current valuation price. Trading, hoarding, and key transactions are allowed exclusively within Our ecosystem.
Traders and collectors have the privilege of voting on articles, with a limit of five votes per article, whether it be a positive or negative vote.
At the end of each season, these key buyers will get an airdrop along with award token bonuses applied on each key they own. The bonuses will be applied based on the amount of award tokens traders and collectors own. To get award tokens, traders and collectors can buy them from publishers willing to sell their tokens at the prices they'll quote.
3. Wallet Address Authentication
We use wallet addresses for authentication and verification purposes. By using our services, you agree to the collection and use of your wallet address information. We take privacy and security seriously and will handle your wallet address data in accordance with our Privacy Policy.
4. Content Ownership
If your content has been published without your explicit permission, please contact our support team. Provide evidence to establish your ownership of the article in question. Upon verification, we will designate your wallet address as the rightful publisher, ensuring you continue to receive the royalties you deserve.
Please be aware that the verification process may take a minimum of 30 to 60 days. It may involve communication between claimant publishers. In cases where ownership cannot be conclusively verified, We will assume ownership and redistribute the funds through the airdrop programme.
5. Airdrop Programme
The airdrop programme will be conducted every three months (every 3 months per blockchain network). Qualifying articles, as determined by the qualification criteria, will receive the airdrop token rewards in the respective network currency.
For an article to be regarded as qualified;
- The total reward share has been set (this part is done by us at the end of the season).
- It must be ranked within the last 100 articles published.
- It must have recieved votes more than the seasons limit. Each season increases the limit by 10.
- The total reward (from all the keys) has to be greater than the base article price (usually around $1).
- It's been 90 days past since you last received a reward.
N/B: We appreciate your participation in the respective season and hope you enjoy your airdrop rewards. Please claim it before the deadline (next distribution cycle), as we will have to redistribute it to the other key owners in the next season if you do not..
6. Indemnification
We will not be held accountable for any content published by publishers on the site. Publishers are solely responsible for their content. However, in cases of harmful or abusive content, We reserves the right to assist in punitive measures, including the denial of royalties earned from subsequent trades.
7. Reserved Rights
We reserves the right to suspend services temporarily for maintenance or updates. During such periods, publishers may be denied royalties. We will make reasonable efforts to minimize service disruptions and notify users in advance when possible.
8. Contact Us
If you have any questions, concerns, or issues regarding these terms and conditions or any other matter related to Us, please do not hesitate to contact us through our support page.
Last Updated: 18/11/2023