Articles
Your NFT project’s terms of use are probably unenforceable
One of the topics that generates the most passionate debate within the NFT community is the enforceability of projects’ terms of use. The terms often contain provisions limiting liability for NFT projects, like binding arbitration clauses and class action waivers, and are usually posted on the project’s website. But how enforceable are these terms? Although the answer depends on the facts of the case, applying some well-established legal principles doesn’t bode well for NFT projects seeking to enforce terms against buyers.