Terms of Use

Last updated: 11 October 2023

The following terms of use (“Terms of Use”) apply to your use of the platform https://anotherblock.com/ (the “Platform”) operated by Anotherblock AB (“anotherblock,” “we,” “us,” or “our”). By accessing our Platform and any of its pages, you signify that you have read, understand, and agree to be bound by these Terms of Use. Please also see our Privacy Policy on how we collect, use and store personal data provided by you to us. The Privacy Policy constitute an integral part of the Terms of Use. Please be aware of that third party terms and conditions may apply, such as terms and conditions related to purchasing and exchanging cryptocurrencies and to obtain, and hold, a digital wallet.

Our Platform is a marketplace where non-fungible tokens (“NFTs”) in master recordings of certain songs (each a “Recording”) are listed for sale with the consent of the rightsholder to such Recording (the “Rightsholder”). An owner of such NFT (“NFT Owner”) either (1) owns a right to receive a certain share of incoming royalties in the Recording, or (2) is granted a license to the Recording, on the terms set out in the ownership agreement (the “Ownership Agreement”) entered into between the NFT Owner and the Rightsholder.

Please note that these Terms of Use only governs your use of the Platform as well as provides general information about our Platform marketplace. Please refer to the Ownership Agreement for the full terms and conditions related to purchasing and owning a NFT.

OUR ROLE, PLATFORM AND MARKETPLACE
Our Platform is a marketplace where NFTs in Recordings are listed for sale with the consent of the Rightsholder to such Recording.
The Rightsholder has engaged anotherblock to facilitate the minting of an agreed number of NFTs in the Recording(s) selected by Rightsholder as well as directed anotherblock to distribute an agreed share of Rightsholder’s royalties in such Recording to the NFT Owner (the “NFT Owner Royalty”).
Please note that our Platform is merely a marketplace where available NFTs are listed. The purchase of NFTs is made directly between the Rightsholder and you and regulated in the Ownership Agreement to which anotherblock is not a party. Under the Ownership Agreement, Rightsholder either (1) assigns to the NFT Owner a certain percentage of royalties received by or credited to the Rightsholder after the date of the NFT Owner’s purchase of the NFT, or (2) assigns a license to use the Recording as stated in the Ownership Agreement to such NFTs.
AM I ELIGIBLE TO USE THE PLATFORM AND BUY NFTS?
In order to use our Platform and purchase NFTs, you must be at least eighteen (18) years old, have legal capacity in your country of residence and not be under any disability, restriction or prohibition, whether contractual or otherwise with respect to your right, power and authority to enter into binding agreements.
We reserve the right to deny and/or suspend your access to our Platform with immediate effect if it comes to our attention that you do not meet the above criteria or if you in any other way is in breach of these Terms of Use or any other agreement entered into related to our Platform (e.g. the Ownership Agreement) as decided by us in our sole discretion, including but not limited to providing us with incorrect information of any kind, or otherwise violate the rules of a third party (e.g. a third party providing your digital wallet).
WHAT ABOUT THE ANOTHERBLOCK WALLET?

3.1 As part of the services offered on the Platform, we oﬀer a non-custodial wallet software (the “anotherblock Wallet”) for NFTs.

3.2 You are solely responsible for (i) all NFTs held in your anotherblock Wallet; (ii) remembering, storing and safeguarding the private keys and any corresponding device shares and recovery shares for your anotherblock Wallet (your “Wallet Credentials”); and (iii) all activity associated with your anotherblock Wallet. While you acknowledge that the third party provider may use protocols designed to split the private keys associated with your anotherblock Wallet, such protocols and procedures are subject to change and do not guarantee the security or recovery of your anotherblock Wallet at any time. If you lose your Wallet Credentials, you may lose access to all assets stored in your anotherblock Wallet. You should always use your own discretion in backing up private keys and recovery phrases via secondary means. DO NOT SHARE YOUR WALLET CREDENTIALS WITH ANYONE. WE ARE NOT RESPONSIBLE FOR ANY UNAUTHORIZED ACTIVITY RESULTING FROM THE USE OF YOUR WALLET CREDENTIALS OR OTHERWISE FOR THE LOSS OF ANY NFTS ASSOCIATED WITH YOUR ANOTHERBLOCK WALLET. If you cannot remember or otherwise lose access to all or a portion of your Wallet Credentials, you acknowledge and agree that any NFT you have associated with the anotherblock Wallet may become inaccessible, and we will have no responsibility or liability whatsoever for such loss. Additionally, you acknowledge that while a third party provider of the anotherblock Wallet may encrypt the recovery share and provide certain measures aimed to assist with recovery of a portion of your Wallet Credentials, neither the third party nor we can decrypt or reconstitute any private keys required to access your anotherblock Wallet, and neither the third party provider nor we make guarantees as to the same. We strongly recommend that you take precautions to avoid any unauthorized access or loss of your Wallet Credentials. You agree to immediately notify us of any actual or suspected unauthorized use of your Wallet Credentials or other breach of security of your anotherblock Wallet, but acknowledge that we and the third party provider of the anotherblock Wallet shall have no duty or obligation to assist you in connection with such activity related to your anotherblock Wallet if you are unable to locate your Wallet Credentials.

3.2 The anotherblock Wallet will enable you to access third-party decentralized applications (“DAPP”) (including but not limited to Platform) and third-party decentralized exchanges (“DEX”), which may allow you to swap or trade NFTs. anotherblock is not responsible for your access or use of any DAPP or DEX. Your use of any DAPP or DEX is subject to the terms and conditions of the third-party DAPP or DEX provider, which may include (i) limitations on transaction volumes and (ii) handling fees or service fees (which are set by the third- party provider). We do not have the ability to freeze, cancel or otherwise modify any transaction that you execute through a third-party DAPP or DEX. We do not store, send, or receive NFTs. Any transfer that occurs in relation to any NFT occurs on the relevant blockchain network, and we cannot guarantee that any transaction will be completed in the manner intended.

3.3 Transactions that are associated with your anotherblock Wallet may require the payment of “gas” or other transaction fees. Anotherblock will be responsible for any such “gas” or transaction fee in order to complete transactions.

3.4 You agree that you will not use the anotherblock Wallet to pay for, support, or otherwise engage in any illegal activities including, but not limited to, purchases or sales of illegal goods or services, fraud, money laundering, or terrorist activities. If we discover that you have violated any applicable laws or regulatory requirements, we reserve all of our rights and remedies under these Terms of Use and at law and will take all necessary actions against you. The anotherblock Wallet can be accessed worldwide. The use of the anotherblock Wallet however, may be legally prohibited or technically restricted in certain territories and countries. You are solely for determining, and complying with, all laws, rules and regulations applicable to you.

GENERAL RULES OF CONDUCT
You acknowledge and agree that you have the sole responsibility to examine all information concerning the investment opportunities on the Platform, and any of your decisions based upon such information are your sole responsibility. You acknowledge that we operate as a third-party intermediary and that all listings on our Platform and the information presented therein are the Rightsholder’s sole responsibility. You further agree that you will make an independent evaluation of the investment opportunities and acknowledge that we have made no statements or representations concerning the present or future value of the opportunities. Our services shall not be deemed to create any duty, fiduciary or otherwise, to you through your use of the Platform and our marketplace.
You agree and warrant that you will not:

use any automated means to access the Platform or collect any information from the Platform (including, without limitation, robots, spiders, scripts or other automatic devices or programs);
frame the Platform, utilize framing techniques to enclose any content or other proprietary information, place pop-up windows over the Platform’s pages, or otherwise affect the display of the Platform’s pages;
engage in the practices of “screen scraping,” “database scraping” or any other activity with the purpose of obtaining content or other information;
use the Platform in any manner that violates applicable law or regulations or that could damage, disable, overburden, or impair the Platform or interfere with any other party’s use and enjoyment of the Platform;
alter, copy, reproduce, record, transfer, perform, display, transmit, resell, sublicense, or make available any part of the Platform or the content displayed or shared with you via the Platform to the public or otherwise use the Platform in any way that is not explicitly permitted under the Terms of Use or applicable law, or otherwise constitutes an infringement of any part of the Platform;
bypass any security measures, engage in any systematic reading or listening, use any kind of software or device to “crawl” or spider any part of the Platform, reverse engineer (or similar actions) any aspect of the Platform to access source codes, algorithms and similar, or otherwise interfere with the security or functionality of the Platform;
remove or alter any copyright notices or similar that is included in any part of the Platform;
collect information about other users of the Platform for example for the purpose of sending spam or junk mails or selling such information;
pretend to be someone else when using the Platform;
access the Platform for purposes of monitoring its performance or functionality, or for any other competitive purposes; or
publish or otherwise make available on the Platform anything that is false, misleading, harassing, offensive, inappropriate, repulsive or contains pornographic or threatening content, or spam, viruses, corrupted data, malicious software or other programs that may harm computers or other property, or that constitutes illegal activity or incitement or otherwise violates the rights of others, including but not limited to intellectual property rights and privacy rights, or that, in our discretion, contravenes the content or purposes of the Terms of Use.

INTELLECTUAL PROPERTY
The content included on the Platform is protected in various ways, for example copyrights, trademarks and trade secrets. Anotherblock and its licensors hold all copyrights, neighbouring rights and all other rights in and to all material in connection with the Platform and all other parts of the service we provide.
Anotherblock graphics, logos, designs, page headers, button icons, scripts and service names are trademarks of anotherblock in Sweden and other countries. Anotherblock’s trademarks shall not be used, including as part of trademarks and 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 our prior written permission.
DISCLAIMERS AND LIMITATION OF LIABILITY
We do not guarantee, represent or warrant that:

your use of the Platform will be uninterrupted, timely, secure or error-free. We reserve the right to resolve any errors in the Platform by any means at our sole discretion; and
the information provided by third parties (e.g. by Rightsholders) and visible on our Platform will be accurate or reliable. We are not responsible for the actions or information of third parties, including the Rightsholder and third party providers of cryptocurrencies and digital wallets, and you release us from any claims and damages in connection with any claim you have against any such third parties.

Nothing in these Terms of Use shall affect your legal rights as a consumer or exclude or limit any liability that cannot legally be excluded or limited.
While anotherblock as a platform provider helps facilitate transactions that are carried out between you and the Rightsholder, anotherblock is neither the buyer nor the seller of a NFT. Anotherblock provides a venue for Rightsholders and buyers to negotiate and (through a third party digital wallet provider) complete transactions. Accordingly, the Ownership Agreement formed at the completion of a sale of a NFT is solely between buyer and the Rightsholder. Anotherblock is not a party to the Ownership Agreement nor assumes any responsibility arising out of or in connection with it (apart from administrating NFT Owner Royalties in accordance with a separate agreement between anotherblock and Rightsholder). The Rightsholder is responsible for the sale of the NFT and for dealing with any NFT Owner claims or any other issue arising out of or in connection with the Ownership Agreement.
Except in jurisdictions where such provisions are restricted, in no event will anotherblock or its directors, employees or agents be liable to you or any third party for any indirect, consequential, exemplary, incidental, special or punitive damages, including for any lost profits or lost data arising from your use of the Platform or the marketplace or any of the Platform content or other materials on or accessed through the Platform.
CHANGES IN OUR PLATFORM AND TERMS OF USE
Unless otherwise prohibited under applicable, mandatory law, we reserve the right to change, modify or cancel, temporarily or permanently, all or certain functions and features of the Platform at any time. For example, changes to the Platform may be necessary in order to adapt the content on the Platform to new technical environments or to an increased number of users, or for other important operational reasons.
We may make changes to these Terms of Use at any time. Any changes will be effective immediately when we post a revised version of these Terms of Use on the Platform. The Terms of Use were last updated on the date stated in the beginning of the Terms of Use and apply to all use of the Platform made on or after this date. Material changes to the Terms will be communicated to you through our website.
APPLICABLE LAW AND DISPUTE RESOLUTION
These Terms of Use are governed by and construed in accordance with the laws of Sweden. If you are a consumer and have your habitual residence in the EU, you additionally enjoy protection under mandatory consumer protection laws in your country of residence.
We both agree to submit to the non-exclusive jurisdiction of the courts of Sweden, meaning that you may bring a claim to enforce your consumer protection rights in connection with these Terms of Use in Sweden or in the EU country in which you reside. A consumer may also use the alternative dispute resolution process provided by the Swedish General Complaints Board (Sw. Allmänna reklamationsnämnden), Box 174, 101 23 Stockholm, Sweden, www.arn.se or an equivalent institution available in your country of residence. Furthermore, the European Commission provides for an online dispute resolution platform, which you can access here: https://ec.europa.eu/consumers/odr.
CONTACT DETAILS
This Platform is owned and maintained by anotherblock AB, a company registered in Sweden with company registration number 559341-5317.
In case you have any questions about our Platform, or these Terms of Use, you may reach us at: info@anotherblock.com. You may contact us in English or Swedish.Terms of Use

Last updated: 11 October 2023

OUR ROLE, PLATFORM AND MARKETPLACE
Our Platform is a marketplace where NFTs in Recordings are listed for sale with the consent of the Rightsholder to such Recording.
The Rightsholder has engaged anotherblock to facilitate the minting of an agreed number of NFTs in the Recording(s) selected by Rightsholder as well as directed anotherblock to distribute an agreed share of Rightsholder’s royalties in such Recording to the NFT Owner (the “NFT Owner Royalty”).
Please note that our Platform is merely a marketplace where available NFTs are listed. The purchase of NFTs is made directly between the Rightsholder and you and regulated in the Ownership Agreement to which anotherblock is not a party. Under the Ownership Agreement, Rightsholder either (1) assigns to the NFT Owner a certain percentage of royalties received by or credited to the Rightsholder after the date of the NFT Owner’s purchase of the NFT, or (2) assigns a license to use the Recording as stated in the Ownership Agreement to such NFTs.
AM I ELIGIBLE TO USE THE PLATFORM AND BUY NFTS?
In order to use our Platform and purchase NFTs, you must be at least eighteen (18) years old, have legal capacity in your country of residence and not be under any disability, restriction or prohibition, whether contractual or otherwise with respect to your right, power and authority to enter into binding agreements.
We reserve the right to deny and/or suspend your access to our Platform with immediate effect if it comes to our attention that you do not meet the above criteria or if you in any other way is in breach of these Terms of Use or any other agreement entered into related to our Platform (e.g. the Ownership Agreement) as decided by us in our sole discretion, including but not limited to providing us with incorrect information of any kind, or otherwise violate the rules of a third party (e.g. a third party providing your digital wallet).
WHAT ABOUT THE ANOTHERBLOCK WALLET?

3.1 As part of the services offered on the Platform, we oﬀer a non-custodial wallet software (the “anotherblock Wallet”) for NFTs.

GENERAL RULES OF CONDUCT
You acknowledge and agree that you have the sole responsibility to examine all information concerning the investment opportunities on the Platform, and any of your decisions based upon such information are your sole responsibility. You acknowledge that we operate as a third-party intermediary and that all listings on our Platform and the information presented therein are the Rightsholder’s sole responsibility. You further agree that you will make an independent evaluation of the investment opportunities and acknowledge that we have made no statements or representations concerning the present or future value of the opportunities. Our services shall not be deemed to create any duty, fiduciary or otherwise, to you through your use of the Platform and our marketplace.
You agree and warrant that you will not:

use any automated means to access the Platform or collect any information from the Platform (including, without limitation, robots, spiders, scripts or other automatic devices or programs);
frame the Platform, utilize framing techniques to enclose any content or other proprietary information, place pop-up windows over the Platform’s pages, or otherwise affect the display of the Platform’s pages;
engage in the practices of “screen scraping,” “database scraping” or any other activity with the purpose of obtaining content or other information;
use the Platform in any manner that violates applicable law or regulations or that could damage, disable, overburden, or impair the Platform or interfere with any other party’s use and enjoyment of the Platform;
alter, copy, reproduce, record, transfer, perform, display, transmit, resell, sublicense, or make available any part of the Platform or the content displayed or shared with you via the Platform to the public or otherwise use the Platform in any way that is not explicitly permitted under the Terms of Use or applicable law, or otherwise constitutes an infringement of any part of the Platform;
bypass any security measures, engage in any systematic reading or listening, use any kind of software or device to “crawl” or spider any part of the Platform, reverse engineer (or similar actions) any aspect of the Platform to access source codes, algorithms and similar, or otherwise interfere with the security or functionality of the Platform;
remove or alter any copyright notices or similar that is included in any part of the Platform;
collect information about other users of the Platform for example for the purpose of sending spam or junk mails or selling such information;
pretend to be someone else when using the Platform;
access the Platform for purposes of monitoring its performance or functionality, or for any other competitive purposes; or
publish or otherwise make available on the Platform anything that is false, misleading, harassing, offensive, inappropriate, repulsive or contains pornographic or threatening content, or spam, viruses, corrupted data, malicious software or other programs that may harm computers or other property, or that constitutes illegal activity or incitement or otherwise violates the rights of others, including but not limited to intellectual property rights and privacy rights, or that, in our discretion, contravenes the content or purposes of the Terms of Use.

INTELLECTUAL PROPERTY
The content included on the Platform is protected in various ways, for example copyrights, trademarks and trade secrets. Anotherblock and its licensors hold all copyrights, neighbouring rights and all other rights in and to all material in connection with the Platform and all other parts of the service we provide.
Anotherblock graphics, logos, designs, page headers, button icons, scripts and service names are trademarks of anotherblock in Sweden and other countries. Anotherblock’s trademarks shall not be used, including as part of trademarks and 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 our prior written permission.
DISCLAIMERS AND LIMITATION OF LIABILITY
We do not guarantee, represent or warrant that:

your use of the Platform will be uninterrupted, timely, secure or error-free. We reserve the right to resolve any errors in the Platform by any means at our sole discretion; and
the information provided by third parties (e.g. by Rightsholders) and visible on our Platform will be accurate or reliable. We are not responsible for the actions or information of third parties, including the Rightsholder and third party providers of cryptocurrencies and digital wallets, and you release us from any claims and damages in connection with any claim you have against any such third parties.

Nothing in these Terms of Use shall affect your legal rights as a consumer or exclude or limit any liability that cannot legally be excluded or limited.
While anotherblock as a platform provider helps facilitate transactions that are carried out between you and the Rightsholder, anotherblock is neither the buyer nor the seller of a NFT. Anotherblock provides a venue for Rightsholders and buyers to negotiate and (through a third party digital wallet provider) complete transactions. Accordingly, the Ownership Agreement formed at the completion of a sale of a NFT is solely between buyer and the Rightsholder. Anotherblock is not a party to the Ownership Agreement nor assumes any responsibility arising out of or in connection with it (apart from administrating NFT Owner Royalties in accordance with a separate agreement between anotherblock and Rightsholder). The Rightsholder is responsible for the sale of the NFT and for dealing with any NFT Owner claims or any other issue arising out of or in connection with the Ownership Agreement.
Except in jurisdictions where such provisions are restricted, in no event will anotherblock or its directors, employees or agents be liable to you or any third party for any indirect, consequential, exemplary, incidental, special or punitive damages, including for any lost profits or lost data arising from your use of the Platform or the marketplace or any of the Platform content or other materials on or accessed through the Platform.
CHANGES IN OUR PLATFORM AND TERMS OF USE
Unless otherwise prohibited under applicable, mandatory law, we reserve the right to change, modify or cancel, temporarily or permanently, all or certain functions and features of the Platform at any time. For example, changes to the Platform may be necessary in order to adapt the content on the Platform to new technical environments or to an increased number of users, or for other important operational reasons.
We may make changes to these Terms of Use at any time. Any changes will be effective immediately when we post a revised version of these Terms of Use on the Platform. The Terms of Use were last updated on the date stated in the beginning of the Terms of Use and apply to all use of the Platform made on or after this date. Material changes to the Terms will be communicated to you through our website.
APPLICABLE LAW AND DISPUTE RESOLUTION
These Terms of Use are governed by and construed in accordance with the laws of Sweden. If you are a consumer and have your habitual residence in the EU, you additionally enjoy protection under mandatory consumer protection laws in your country of residence.
We both agree to submit to the non-exclusive jurisdiction of the courts of Sweden, meaning that you may bring a claim to enforce your consumer protection rights in connection with these Terms of Use in Sweden or in the EU country in which you reside. A consumer may also use the alternative dispute resolution process provided by the Swedish General Complaints Board (Sw. Allmänna reklamationsnämnden), Box 174, 101 23 Stockholm, Sweden, www.arn.se or an equivalent institution available in your country of residence. Furthermore, the European Commission provides for an online dispute resolution platform, which you can access here: https://ec.europa.eu/consumers/odr.
CONTACT DETAILS
This Platform is owned and maintained by anotherblock AB, a company registered in Sweden with company registration number 559341-5317.
In case you have any questions about our Platform, or these Terms of Use, you may reach us at: info@anotherblock.com. You may contact us in English or Swedish.