Terms and Conditions

Last updated: August 2026. These terms explain how Market NFT works, what the creator reliability levels mean, and the limits of our liability.

Creator Reliability Levels

Every creator on Market NFT has a reliability level shown on their profile and on every collection they create. Higher levels require a WAX security deposit and, at the top level, identity verification. These levels help buyers understand the risk before they purchase an NFT.

Open Creator

Entry level. Anyone can create a collection and mint NFTs. No deposit, no guarantee and no identity check is required.

  • No WAX security deposit.
  • No documents or identity verification.
  • A visible risk warning is shown on every collection and profile.
  • Buyers are strongly encouraged to do their own research before purchasing.

Guaranteed Creator

Creators who lock a security deposit as a buyer-protection guarantee. The deposit is held in the marketadmins wallet managed by Market NFT.

  • A minimum deposit is required and set by the platform.
  • The deposit can be requested in WAX, in MNFT (the Market NFT token), or as a mix of both — the active requirement is always shown on the upgrade page before you pay.
  • The deposit is held in custody by Market NFT in the marketadmins wallet.
  • If the creator ends the relationship without any proven scam, the deposit is returned in the same currencies it was paid.
  • If a scam is proven, the deposit may be redistributed to affected users who file a valid request.
  • A public badge is displayed on the creator's profile and collections.

Trusted Identity Creator

Creators who complete identity verification (private individual or company) and lock a security deposit. This is the highest reliability level.

  • A minimum deposit is required, held in custody by Market NFT in the marketadmins wallet.
  • The deposit can be requested in WAX only, in MNFT only, or as a combination of both, depending on the requirement configured for this level.
  • Private users submit a national ID card front and back plus personal details.
  • Companies submit business registration, VAT/tax number, legal representative and company address.
  • Submitted documents will be provided to competent authorities if legally requested.
  • The deposit is returned when the relationship ends without proven fraud; otherwise it may be redistributed to affected users.
  • A premium verified badge is shown on the profile and collections.

Deposit Custody

Deposits paid by Guaranteed and Trusted Identity Creators are not a fee to Market NFT. They are a refundable guarantee held in the marketadmins wallet. The deposit demonstrates the creator's good faith and provides a pool that can be used to compensate users harmed by proven fraud. Market NFT is responsible only for holding and returning or redistributing the deposit according to these rules; it does not guarantee any specific recovery amount for individual buyers.

Accepted currencies. Market NFT may require a deposit in WAX, in MNFT (the native Market NFT token on the WAX blockchain), or in a mix of both currencies. For each reliability level the platform sets the minimum amounts and the payment mode: WAX only, MNFT only, either currency of your choice, or both currencies together. The requirement in force is always displayed on the creator upgrade page before any payment, and the badge on a creator's profile and collections reflects the currencies actually deposited. Minimum amounts and accepted currencies can be updated over time; existing deposits are never reduced, but a level may require a top-up to stay active.

Feedback & Verified Users

Market NFT offers a feedback system and verified-user badges to help the community build reputation. Positive and negative feedback, together with creator tier badges, are tools for risk assessment. They do not constitute a guarantee by Market NFT and should be used together with your own due diligence.

User Responsibilities

  • Verify collection and creator details before buying.
  • Never share private keys or wallet passwords with anyone, including Market NFT staff.
  • Use the feedback and reporting tools to flag suspicious behavior.
  • Understand that blockchain transactions are irreversible.
  • Accept that Open Creator collections carry the highest buyer risk.

Limitation of Liability

To the fullest extent permitted by applicable law, Market NFT, its operators, affiliates, and service providers shall not be liable for any direct, indirect, incidental, special, consequential or punitive damages arising out of or relating to the use of the platform, including but not limited to scams, frauds, unauthorized transfers, market volatility, smart-contract bugs, or errors in user-submitted content.