Rewards, Inc. NFT Owners Agreement for Scratch-Off Sweepstakes

Effective Date: March 11, 2025

This NFT Owners Agreement ("Owners Agreement") is between Rewards, Inc., a company organized under the laws of Illinois ("Rewards, Inc.," "we," "us," or "Licensor"), and you, the individual or entity who owns an NFT from our Scratch-Off Sweepstakes ("Owner," "you," or "your"). This agreement starts when you receive ownership of an NFT from us (the "Effective Date"). It’s part of our broader Terms and Conditions for the Rewards, Inc. NFT Scratch-Off Sweepstakes, available at scratch.cards/terms-of-conditions ("Site Terms"). Together, these form the "Agreement." If anything in this Owners Agreement differs from the Site Terms, this Owners Agreement takes priority.

By accepting an NFT from our Sweepstakes, you’re agreeing to follow this Agreement. We’ve kept it simple: this document explains what the NFT is, what you can do with it, and what rights you have. If you don’t agree with these terms, you shouldn’t accept or keep the NFT.

1. What Is the NFT?

1.1 Definition: The "NFTs" in this Agreement are non-fungible tokens—unique digital items tied to our Rewards, Inc. NFT Scratch-Off Sweepstakes. Each NFT is registered on Polygon Network, a public digital ledger that tracks ownership. When you win an NFT through our Scratch Cards (either by purchase or free entry), it comes with a digital image, animation, or other content we call "Digital Art." Think of the NFT as a digital collectible, like a trading card, but stored online and secured by blockchain technology.

1.2 Digital Art: The Digital Art is the visual or creative piece linked to your NFT—like a cool picture or design we’ve created or licensed. While you own the NFT itself, the Digital Art is protected by copyright and belongs to Rewards, Inc. or our partners. You get to enjoy it, but there are some rules about how you can use it (see below).

1.3 Your Wallet: To receive and hold your NFT, you’ll need a digital wallet—like MetaMask, Coinbase Wallet, or something similar—that works with Polygon Network. You’re responsible for setting up and managing your wallet, including any cryptocurrency (like Ether, "ETH") needed to interact with it on the blockchain.

2. Your Rights to the NFT and Digital Art

2.1 Ownership: When you redeem a Scratch Card and we transfer an NFT to you, you own that NFT. That means you can keep it, show it off, or even sell it later on secondary NFT marketplaces (like OpenSea or Rarible), as long as you follow this Agreement and the Site Terms.

2.2 License to Digital Art: Along with the NFT, we give you a limited license to use the Digital Art tied to it. This license lets you:

• Enjoy the Digital Art for your personal, non-commercial use (e.g., display it in your wallet or on your phone).

• Show it off when you list the NFT for sale or trade on a secondary marketplace that verifies NFT ownership through the blockchain.

• Share it on websites or apps that support NFTs, as long as they confirm you’re the owner and the Digital Art stops being visible if you leave or sell the NFT. This license lasts as long as you own the NFT and stick to these rules. It’s not something you can pass on separately from the NFT or let others use.

3. What You Can’t Do

3.1 Restrictions: To keep things fair and protect our rights, here’s what you can’t do with the NFT or Digital Art:

• Change, copy, or make new versions of the Digital Art.

• Use it for business purposes (like selling t-shirts or ads).

• Remove any copyright notices or metadata that come with the NFT.

• Pretending the NFT or Digital Art is something it’s not—like saying we endorse something we don’t. If you break these rules, it’s a big deal, and your license to the Digital Art could end.

4. Selling or Trading Your NFT

4.1 Transfers: You’re free to sell or trade your NFT on secondary marketplaces after you’ve redeemed it, as long as:

• You haven’t broken any rules in this Agreement.

• The sale happens through a platform that checks you’re the real owner (using blockchain verification).

• You let the buyer know about this Agreement, so they follow it too. We don’t charge a resale fee, but you’ll need to cover any blockchain fees (like gas costs) yourself.

5. Our Rights and Responsibilities

5.1 We Own the Art: Rewards, Inc. (or our partners) keeps all the copyrights and intellectual property rights to the Digital Art, even after you get the NFT. You’re just borrowing the right to use it under this license.

5.2 No Promises: The NFT is a collectible for fun—it’s not an investment or a guarantee of value. We don’t control what happens to it on the blockchain or secondary markets after you get it, and we can’t promise it’ll always work perfectly or be available forever.

6. Ending the Agreement

6.1 Termination: Your license to the Digital Art stops if:

• You sell or transfer the NFT (it passes to the new owner).

• You break this Agreement (e.g., misuse the Digital Art).

• We end the Sweepstakes or stop supporting the NFTs, which we can do anytime (see the Site Terms for more on that). If the license ends, you can still own the NFT, but you lose the right to use or display the Digital Art.