Eligibility & Qualification
- In these terms, “Company” refers to Superblock Co., Ltd.
- Only OverFlex members (aged 14 or older) may participate in this auction. Members must comply with all laws and regulations in their country or region of residence; any violations are the sole responsibility of the member.
Bids & Refunds
- OVER tokens staked to place a bid remain locked while you remain the highest bidder.
- If a new highest bid is placed, the tokens staked by the previous highest bidder are automatically and immediately returned.
- After the auction ends, no refunds or cancellations are permitted for change of mind; the 1% fee on bid amounts is charged at the time of bidding and non‑refundable.
Smart Contract Risks
- All auctions execute automatically via smart contract, which may experience failures or delays due to network congestion, gas price fluctuations, or other blockchain issues.
Product Delivery & Carrier Liability
- Winning physical items are delivered only within South Korea.
- Overseas shipping, exchanges, or returns are not supported; any delays, damage, or loss in transit are the responsibility of the carrier (shipping provider).
Product Purchase & Shipping Procedure
- The Company will make commercially reasonable efforts to purchase the identical model from official online retailers or authorized resellers within ten (10) business days of the auction’s close (or the NFT burn date, as applicable).
- If the identical model cannot be secured, the Company may once only propose an alternative item of equivalent grade and value within ±10 % of the item’s prevailing market retail price, using any available means of contact (e-mail, mobile phone, etc.).
- If the winning bidder does not state their refusal within 48 hours, the bidder will be deemed to have accepted the proposed alternative.
Limitation of Liability & Disclaimer
- Except in cases of the Company’s willful misconduct or gross negligence, the Company is not liable for any direct or indirect damages arising from the use of this service.
- Users bear all risks related to OVER token price fluctuations, and are responsible for any disputes, taxes, or fees arising from secondary sales or transfers.
Service Suspension & Changes
- The service may be temporarily suspended, modified, or discontinued due to operational or technical reasons; the Company is not liable for any resulting disadvantages.
Miscellaneous
- Anything not expressly stated herein is governed by the Company’s Terms of Service and Privacy Policy.
- Unless due to the Company’s willful misconduct or gross negligence, the Company is disclaimed from all direct or indirect damages arising from the use of this auction service.