LAST UPDATED 10 OCTOBER, 2025

Welcome to LiveArt, the leading AI-powered platform revolutionizing the art market through innovative technology solutions. LiveArt SA, a Swiss company, provides cutting-edge services including AI-driven analytics licensed from partner companies, a comprehensive marketplace for NFTs, promotional rewards programs, and digital collectible experiences. Through our advanced data intelligence and blockchain technology, we're transforming the art market into a liquid, tradable asset class, making fine art accessible to a global audience while providing unprecedented market transparency and investment opportunities.

1. Acknowledgment and Acceptance of the Terms of Use 1.1 Service Provider

These Terms of Use govern your use of various services provided by LiveArt SA, a Swiss company, which owns and operates: • The LiveArt website located at www.liveart.io, and related browser extensions and applications; • Certain Microsites accessed from the Site ("Microsites"), hosted and operated by LiveArt SA or by our partners as a branded NFT marketplace (collectively, the "Site"); • Online marketplaces in which creators and/or prospective sellers can offer blockchain-tracked, non-fungible tokens (each, an "NFT") to prospective buyers, and various related services on the Site; • Knowledge, education and research platforms for collectors' education and research of art and art values, using AI Services licensed from partner companies, and various related services, including any analytical services provided on the Site, such as when you research historical data, stream auction results, view a LiveArt estimate or view data in "My Collection" (the "AI Services"); • Rewards games, promotional programs, and digital collectible experiences including rewards offerings; • Referral programs, ambassador initiatives, and community engagement platforms. When we refer to "LiveArt", "us" or "we" in these Terms of Use, we are referring to LiveArt SA.

1.2 Acceptance of Terms

By accessing the Site and/or the Services and/or completing the registration process for an account, you agree to be bound by these Terms of Use and the LiveArt privacy policy and you represent and warrant that: (a) you are at least 18 years of age; (b) you have not previously been suspended or removed from the Sites or the Services; and (c) your use of the Site and the Services is in compliance with all applicable laws and regulations. Nothing in these Terms of Use shall limit any mandatory consumer rights you may have under applicable Swiss law. We reserve the right to revise these Terms of Use from time to time without notice. We will alert you to any revisions by updating the "Last Updated:" date located above. You acknowledge and agree that it is your responsibility to review the Site and these Terms of Use periodically and to be aware of any changes. Your continued use of any Site after changes to our Terms of Use shall constitute your agreement to be bound by the modified Terms of Use.

2. The Services

As used in these Terms of Use, “Services” means all services, features, content, applications, technologies, software, and products provided or made available by LiveArt through the Site, including but not limited to: • The issuance, promotion, sale, and resale of Digital Assets (including $ART utility tokens, RWA asset tokens, and non-fungible tokens (NFTs)); • Blockchain-based token management, settlement, and trading services; • AI-driven art market analytics and insights licensed from partner companies; • Rewards games, promotional programs, and digital collectible experiences; • Referral programs, ambassador initiatives, and community engagement tools; • Educational platforms, research tools, and interactive market simulations. For purposes of these Terms of Use, “Digital Assets” collectively refers to all blockchain-based tokens or digital instruments issued, offered, or facilitated by LiveArt, including but not limited to $ART utility tokens, RWA asset tokens, and NFTs. “RWA” means the specific real-world asset owned by the Company and fractionalized through the issuance of RWA asset tokens, which may include (without limitation) fine art, watches, classic cars, or other high-value collectibles.

2.1 Services Provided by LiveArt

LiveArt provides the following services, governed by Swiss legislation: • Hosting and maintaining the Site, related browser extensions and applications, and Microsites; • Facilitating the technological issuance, custody, and settlement of Digital Assets (RWA tokens and NFTs); • Providing information and support relating to the $ART utility token, which may only be acquired and traded through authorized centralized or decentralized exchanges (CEXs or DEXs); LiveArt does not sell $ART directly to users; • Hosting token-specific agreements that clarify the rights and obligations of holders of $ART, RWA tokens, and NFTs; • Providing AI-driven art market data and analytics licensed from partner companies; • Operating rewards games, promotional programs, and ambassador initiatives; • Offering educational content, market simulations, and cultural engagement opportunities; • Supporting digital collectible experiences and gamified participation in the LiveArt ecosystem. LiveArt does not provide brokerage, deposit-taking, investment advisory, portfolio management, or exchange/venue services unless expressly stated in a separate agreement and, where applicable, duly licensed. Any wallet features offered by LiveArt are non-custodial unless expressly identified as custodial in writing. Users remain solely responsible for private keys and access credentials. LiveArt makes no representations or warranties regarding the value, condition, authenticity, title, or other information concerning any Digital Asset, and disclaims any and all warranties, whether express or implied, to the fullest extent permitted by law. For the avoidance of doubt, LiveArt’s role is limited to technology and facilitation services. LiveArt makes no representation that any Service constitutes a regulated financial service under Swiss or foreign law and does not hold itself out as licensed unless expressly disclosed. LiveArt does not act as an issuer, underwriter, broker, dealer, or intermediary for the direct sale or resale of $ART utility tokens to the public. Any initial or secondary acquisition or disposal of $ART tokens takes place exclusively through independent, authorized exchanges or decentralized platforms that are not operated by LiveArt. Users acquire and dispose of $ART tokens voluntarily, at their own risk, and directly with third parties. LiveArt may, however, receive compensation or benefits in connection with the broader LiveArt ecosystem — including token allocations, platform fees, or other lawful revenues — provided such compensation does not arise from acting as a counterparty to user token transactions. With respect to RWA Tokens, LiveArt is responsible solely for the technological fractionalization and contractual structuring of economic entitlements linked to specific real-world assets owned by LiveArt. The Company remains the sole legal owner of each underlying asset and acts only as a contractual counterparty - not as a fiduciary, trustee, custodian, or investment manager for Token Holders. RWA Tokens are issued and offered exclusively under Swiss law as “asset tokens” (Vermögensrechte) in accordance with FINMA guidance. They are not marketed, promoted, or distributed as securities, derivatives, collective investment schemes, or other regulated financial instruments. Token Holders have no ownership, voting, management, or redemption rights beyond the contractual economic entitlements expressly described in the applicable Digital Asset Token Agreement.

2.2 AI Services

As used in these Terms of Use, "AI Services" refers to artificial intelligence and machine learning driven capabilities licensed from partner companies that include, but are not limited to: • Art market data analysis and art valuation estimates; • Price prediction and trend analysis for artworks and collectibles; • Authentication and provenance verification assistance; • Personalized recommendations for art investment; • Collection portfolio analysis and performance tracking; • Market sentiment analysis for artists and artworks. Use of AI Services is subject to the additional disclaimer in Section 4.7.

2.3 Rewards Games and Digital Experiences

LiveArt operates various rewards games and promotional programs designed for entertainment, education, and community engagement, including but not limited to: • Telegram-based art recognition and rewards games featuring copyrighted artwork images used under Fair Use principles; • Art point rewards systems for platform engagement and educational activities; • Digital collectible experiences and promotional campaigns; • Interactive art market simulations and educational tools; • Gamified art discovery and learning experiences; • Community challenges and achievement systems. These games and programs are designed for entertainment, education, and promotional purposes only. Participation in any rewards game does not require any purchase to claim rewards. All rewards offered through these programs are promotional in nature and have no cash value unless explicitly stated. Users are responsible for ensuring compliance with their local laws and regulations regarding participation in such programs.

3. Registration and Account Information

To access the Site and services provided by LiveArt, including the NFT marketplace, AI Services, rewards games, and rewards offerings, you will need to register for an account. When registering, you will be asked to provide Registration Data as defined in Section 3.2.

3.1 Registration Terms

At registration, you must provide information including electronic mail address, phone number, or other contact information ("Registration Data"). You agree that all information provided is true and accurate, and you will maintain and update this information to keep it accurate. When registering, you will create a username and password. You are solely responsible for maintaining their confidentiality and for all activities that occur through their use. You agree to use a strong password and keep it confidential. Our personnel will never ask for your password. You may not transfer or share your account, and we reserve the right to terminate your account for any unauthorized transfer or sharing. You agree to notify us immediately if your account has been compromised.

3.2 User Content

As part of the Services, users may upload images, photos, data, text, and other content about their NFT, including information for prospective sales ("Sale Information"), collectively "User Content". By uploading User Content related to NFTs, the Site, or AI Services operated by LiveArt, you grant LiveArt an irrevocable, perpetual, royalty-free worldwide license to use your User Content as specified in Section 3.4. Users retain full ownership of the content they upload. By uploading content, you grant LiveArt a non-exclusive license only, as defined herein.

3.3 License for User Content

The license you grant to LiveArt allows us to (i) use, copy, distribute, transmit, publicly display, publicly perform, reproduce, edit, modify, prepare derivative works of or incorporate into other works, and translate User Content, in connection with the Site or other media; and (ii) sublicense these rights, to the maximum extent permitted by applicable law. You also license and authorize LiveArt (i) to publish Sale Information on the Site for offering your NFT; and (ii) to use anonymized information to improve our Services, including providing value estimates for your NFT, unless you opt-out during registration. We will not pay you for your User Content or to exercise related rights. We may remove Sale Information at any time without consent or notice if we deem it necessary. For all User Content, you represent and warrant that you have necessary rights and permissions to authorize our access and use. You acknowledge that communications with us are not confidential. By uploading User Content or using the Services, no confidential, fiduciary, or other relationship is created beyond these Terms of Use. We are not responsible for payment to any party for our use of User Content.

4. Buyer Registration and Purchasing 4.1 General Terms for Digital Assets

To purchase or use any Digital Asset through LiveArt, you must register on the Site and complete any applicable identity verification procedures required under Swiss legislation and LiveArt’s AML/KYC policy. By purchasing or holding any Digital Asset, you agree to be bound by these Terms of Use and any applicable token-specific agreements (including but not limited to the Digital Asset Token Agreement for RWA tokens, the NFT Agreement for NFTs, or any supplemental terms for $ART utility tokens). LiveArt applies a risk-based AML/KYC program consistent with the Swiss Anti-Money Laundering Act (AMLA), FINMA ordinances and circulars, and FATF standards. Users consent to screening, monitoring, sanctions checks, and transaction analysis, and acknowledge that access may be restricted, suspended, or terminated to comply with legal obligations. Access to Digital Assets is prohibited for: (i) U.S. Persons; (ii) persons located in, resident in, or accessing from jurisdictions on LiveArt’s restricted list (including but not limited to comprehensively sanctioned countries and other high-risk jurisdictions); and (iii) persons on sanctions or watchlists. LiveArt may update restricted jurisdictions at any time to reflect Swiss SECO/Federal Council sanctions, EU/UK/UN measures, and internal risk policies. LiveArt may, without liability, delay, block, or cancel any transaction or freeze assets if required under AMLA, FINMA, SECO, or international sanctions obligations. Users waive any claim arising from such compliance actions.

4.2 $ART Utility Token

The $ART token is the native utility token of the LiveArt ecosystem. By acquiring $ART, you acknowledge and agree that: • $ART may only be acquired and traded through authorized centralized or decentralized exchanges (CEXs or DEXs). LiveArt does not sell $ART directly to users. • $ART provides access, participation, and rewards within the LiveArt platform. • $ART does not represent ownership of, or rights in, any physical asset, LiveArt, or its affiliates. • $ART does not grant dividends, profit-sharing, or governance rights in LiveArt. • The classification of $ART under Swiss law is as a utility token, not as a security, derivative, or collective investment scheme. The $ART utility token is described in detail in Section 5 below, which sets out its classification, use cases, and legal status under Swiss law.

4.3 RWA Asset Tokens

LiveArt may issue RWA Tokens linked to specific real-world assets (e.g., artworks, watches, cars, or other collectibles). By acquiring RWA Tokens, you acknowledge and agree that: • Each RWA Token represents a fractional economic claim to net proceeds (after costs, fees, and taxes) from any future sale of the referenced asset. • Token Holders have no right to demand physical delivery, custody, or possession of the underlying asset. • Token Holders have no intellectual property, governance, or management rights in relation to the asset or to LiveArt. • All rights and obligations are set out in the Digital Asset Token Agreement specific to the relevant RWA issuance. • RWA Tokens qualify under Swiss law as asset tokens (Vermögensrechte) and are not securities, derivatives, or collective investment schemes. The rights, obligations, and legal classification of RWA Tokens are described in Section 6 below.

4.4 NFTs (Non-Fungible Tokens)

LiveArt also facilitates the issuance and trading of NFTs as unique blockchain-based collectibles. By acquiring NFTs, you acknowledge and agree that: • Ownership of an NFT provides a limited license to view, use, and resell the digital artwork or content linked to the NFT, subject to the NFT Agreement. • NFT ownership does not transfer copyright or intellectual property rights in the associated content, unless expressly stated. • NFTs are provided as cultural and digital collectibles and are not offered as investment products. • Prices and resale values of NFTs are volatile and may fluctuate significantly. The rights and obligations of NFTs are described in Section 7.1 below.

4.5 Token-Specific Agreements

For clarity, each category of Digital Asset ($ART, RWA Tokens, and NFTs) is governed by its own specific agreement. In the event of any inconsistency between these Terms of Use and a token-specific agreement, the token-specific agreement shall prevail.

4.6 Risk Warning

Participation in Digital Assets involves significant risks, including but not limited to: • Loss of value: Tokens may fluctuate in value and may become worthless; • Liquidity risks: No active trading market is guaranteed for any token; • Regulatory risks: Laws and regulations governing Digital Assets may change, affecting legality, transferability, or value; • Technology risks: Loss of private keys, smart contract vulnerabilities, or blockchain failures may result in permanent loss of tokens. You are solely responsible for assessing the risks of acquiring, holding, or trading Digital Assets and should consult independent legal, financial, and tax advisors before participating. LiveArt does not provide tax advice. Token holders are solely responsible for reporting and paying any taxes arising from acquisition, holding, or disposal of Digital Assets.

4.7 Using AI Services through LiveArt

Acess to and use of the AI Services (licensed from partner companies) provided by LiveArt are governed by Swiss legislation. These services are provided for educational and research purposes only, and LiveArt makes no representations or warranties regarding the accuracy or completeness of any AI-generated estimates or analyses. Users acknowledge that LiveArt provides AI and analytics outputs solely for informational purposes, without any representation of accuracy or suitability. LiveArt disclaims all liability for reliance on any estimate, valuation, or market analysis generated by AI Services.

5. Digital Assets

This Section applies to all categories of Digital Assets offered by LiveArt, including $ART utility tokens, RWA Tokens and NFTs. Each category has its own rights, limitations, and specific governing agreement (see Section 4.5). Unless otherwise specified in the applicable agreement, Digital Assets do not confer ownership rights, governance rights, or fiduciary claims against LiveArt or third parties. In the event of conflict, the applicable token-specific agreement (e.g., Digital Asset Token Agreement for RWA Tokens; NFT Agreement for NFTs) shall prevail to the extent permitted by law.

5.1 $ART Utility Token

The $ART token is the native utility token of the LiveArt ecosystem. It is designed to provide access, participation, and rewards within the LiveArt platform and associated services. $ART does not confer any rights to ownership, dividends, profit-sharing, or management of LiveArt or its affiliates. $ART confers no redemption rights, profit participation, interest, dividend, repayment claim, or governance rights. It is not designed or marketed as an investment and does not represent a security, derivative, deposit, or collective investment scheme under Swiss law. $ART may be used within the LiveArt ecosystem for, among other things: • Unlocking access to platform features and premium services; • Participating in promotional programs, ambassador initiatives, and rewards campaigns; • Accessing educational and research tools on the platform; • Engaging with gamified art discovery experiences; • Claiming ecosystem incentives such as discounts, early access, or community rewards. Under Swiss law and FINMA guidance, $ART qualifies as a pure utility token since it provides access/usage rights to platform features and is not coupled with investment characteristics. It does not represent securities, shares, derivatives, collective investment schemes, or any other regulated financial instrument.

5.2 RWA Asset Tokens

LiveArt may issue digital asset tokens linked to specific real-world assets (e.g., artworks, watches, cars, or other collectibles). These tokens are structured under Swiss law as asset tokens (Vermögensrechte), representing fractional economic rights in the net proceeds from the future sale of the referenced underlying asset. RWA Tokens are structured solely as fractional economic claims to net sale proceeds of the referenced asset and exclude redemption guarantees, fixed yield, governance, or control rights. Each RWA Token provides Token Holders with: • A pro-rata right to share in the net proceeds of the underlying asset’s future sale, after costs, fees, and taxes; • Limited access to information updates about the referenced asset, as provided by LiveArt. Token Holders do not acquire: • Legal title, custody, or possession of the underlying asset; • Rights to demand delivery of the underlying asset; • Any intellectual property rights linked to the underlying asset; • Voting rights or management control in LiveArt or with respect to the asset; • Any right to require LiveArt to sell the asset at a particular time or price, or to redeem Tokens in cash or kind. LiveArt or its designated custodians will: • Maintain custody, insurance, and safekeeping of the referenced asset; • Provide Token Holders with basic information and material updates; • Distribute net sale proceeds pro-rata to Token Holders within a commercially reasonable timeframe following the asset’s sale. LiveArt may use professional third-party storage, insurance, and logistics providers. Token Holders accept customary risks of storage, transport, and market conditions. LiveArt acts solely as contractual counterparty and owes no fiduciary or trust-like duties to token holders. All duties are limited to those expressly set out herein. RWA Tokens qualify under Swiss law as asset tokens (Vermögensrechte). They do not constitute securities, derivatives, collective investment schemes, or any other regulated financial instrument under current Swiss legislation, provided they remain structured solely as fractional economic claims without additional rights.

5.3 NFTs (non-Fungible Tokens)

When purchasing, selling or possessing an NFT on the Site or a compliant third-party platform as defined in the applicable NFT Agreement (a "Compliant Third Party Platform"), you expressly agree to the terms of the applicable NFT Agreement. Unless otherwise specified, you acknowledge and agree that (i) your ownership of the NFT does not convey ownership of, or any rights in, any intangible, copyright-protected work associated with the purchased NFT (the "Content"); and (ii) your purchase of an NFT includes a limited license to the Content as described below (the "Limited License"). For the first sale of an NFT frm the original seller ("Creator"), you are granted a worldwide, non-exclusive, non-sublicensable, royalty-free license to view, copy, display or perform the Content solely for (i) your personal, non-commercial use; or (ii) in connection with a subsequent sale of the NFT on the Site or any Compliant Third Party Platform ("Resale"). For a Resale, the seller transfers this Limited License to you and retains no further rights in the Content or any digital copy ("Digital File"). You agree not to: • Alter the Content or any Digital File, including any related smart contract; • Use the Content to promote, advertise, market, sell or offer any third-party products or services; • Use the Content in connection with media depicting hatred, intolerance, violence, or cruelty; • Sell, distribute for commercial gain, or exploit merchandise incorporating the Content; • Attempt to acquire additional intellectual property rights in the Content; • Exploit the Content for commercial benefit. Any violation of this Limited License, including sales on non-compliant platforms, automatically voids this License. You acknowledge that: • Neither Creator nor LiveArt are liable for any inability to access any Digital File; • Ownership of an NFT does not provide ownership or interest in the Content or Digital File; • Some NFTs require continuing royalties to the Creator upon resale; • NFT Resales are subject to these Terms and the NFT Agreement; • NFT prices are volatile with no guaranteed value; • You are responsible for determining applicable taxes; • LiveArt facilitates but does not own or sell NFTs; the contract is between you and the seller/Creator. LiveArt is not a custodian of your NFTs or cryptocurrency, and operation of LiveArt Platforms does not give LiveArt custody, possession, title, or control of your digital assets. In limited circumstances, LiveArt may hold these assets temporarily to facilitate transactions, but (i) takes no ownership or title to them; and (ii) shall not be liable for losses arising from such holding, to the extent permitted by law. Unless expressly stated in writing, LiveArt does not hold private keys on behalf of users and does not provide custodial services. If any custodial feature is expressly offered, it will be subject to separate terms and limitations. NFTs offered through LiveArt, including any NFTs referencing the value or sale proceeds of physical or digital artworks, are intended solely as digital collectibles and tools for cultural participation. They are not offered as investment products and do not constitute securities, derivatives, or collective investment schemes under Swiss law. There are no fees for accessing the Site, but there are fees for buying and selling NFTs as set forth in the NFT Agreement or other contracts ("Transaction Fees"). You are responsible for paying any Transaction Fees for transactions you initiate.

5.4 Transition from NFT Tokenization to RWA Tokens

Prior to 10 October 2025, certain real-world assets were tokenized by LiveArt through non-fungible tokens (NFTs) issued under the ERC-721 standard (“Legacy Tokenized NFTs”). Each Legacy Tokenized NFT continues to correspond to the relevant underlying asset identified at issuance and remains valid as a record of the related digital representation under its original terms. Effective from 10 October 2025, LiveArt conducts all new and future asset tokenizations exclusively through RWA Tokens issued under the ERC-20 tokens in accordance with Swiss law and FINMA’s 2018 ICO Guidelines. RWA Tokens represent the sole contractual and economic entitlements for any newly tokenized or restructured assets within the LiveArt ecosystem. The introduction of RWA Tokens does not affect the status or integrity of previously issued Legacy Tokenized NFTs, which continue to reflect the same underlying asset relationships established at their issuance date. However, all new tokenization events, asset fractionalizations, and future asset-linked rights will be issued solely in the form of RWA Tokens. LiveArt may, from time to time, offer conversion or upgrade mechanisms for holders of Legacy Tokenized NFTs, but is under no obligation to do so. Any such conversion or migration program shall be governed by separate terms published on the Site or in an applicable token agreement.

5.5 Blockchain Migration and Token Upgrades

LiveArt reserves the right, in its sole discretion, to migrate any Digital Asset, including but not limited to RWA Tokens and Legacy Tokenized NFTs, to another blockchain or token standard, or to reissue equivalent tokens on a different network, protocol, or smart-contract framework. Such migration or reissuance may be carried out to maintain or improve functionality, security, regulatory compliance, or interoperability. LiveArt will notify users in advance through the Site or other official communication channels and may require holders to take specified actions to enable migration. Any migrated or reissued token shall continue to represent the same contractual or economic entitlements as the original token, unless otherwise stated in an updated Digital Asset Token Agreement. LiveArt shall have no liability for any loss, inaccessibility, or diminished functionality of tokens resulting from a user’s failure to follow migration instructions or maintain compatible wallets.

6. Terms and Conditions for Rewards Games 6.1 General Terms for Rewards Games

The images included in any LiveArt rewards games are copyrighted by their respective owners and used under Fair Use principles for informational and entertainment purposes without commercial exploitation. These games are designed solely for informational and entertainment purposes, and participation does not require any purchase to claim rewards. LiveArt’s rewards games are skill-based, educational, and promotional in nature. They are not games of chance, lotteries, or betting activities and are not intended to qualify as games regulated under the Swiss Federal Act on Money Games (MGAct). No purchase is necessary to participate, and no monetary stake is involved in the outcome. Users are responsible for ensuring compliance with their local laws and regulations. LiveArt disclaims liability for issues arising where games may be restricted or prohibited. Rewards require no purchase and have no cash value unless explicitly stated. By participating in any rewards game, users agree to these Terms of Use, which govern user conduct, privacy, and data security for these games.

6.2 Enrollment and Eligibility

To participate in rewards games, you may need to provide your name, email address, phone number, or wallet address. You warrant that your information is accurate and current. You are responsible for maintaining your information, for all activities on your account, and for using your account only for authorized purposes. You must notify LiveArt of any unauthorized account usage. Anyone 18 years or older may participate unless prohibited by applicable law.

6.3 Rewards Points

Participants may earn Reward Points through activities specified by LiveArt. The earning method, rate, and eligible activities are determined by LiveArt and may change at any time. Reward Points do not expire unless the program is terminated by LiveArt, which reserves the right to expire points for inactivity or violations of these terms. Benefits available through reward redemption are determined by LiveArt, subject to availability and potential changes. Reward Points have no cash value and cannot be exchanged for cash. LiveArt reserves the right to modify or terminate the rewards program at any time without notice.

6.4 Disclaimers and Limitations

No Cash Value: Rewards have no cash value and are promotional only, with no purpose except for obtaining benefits offered through the games. Limitation of Liability: LiveArt shall not be liable for any damages under any circumstances or legal theory, even if foreseeable or if LiveArt was advised of their possibility. Indemnification: Participants agree to defend, indemnify, and hold harmless LiveArt and its affiliates from all claims arising from: participant actions, breaches of terms, misleading statements, transmission of harmful content, IP violations, or violations of applicable laws.

6.5 Referral and Promotional Programs

All promotional programs, the rewards program, and the LiveArt Ambassador Program, are subject to change, suspension, or termination at LiveArt's sole discretion. These programs are promotional in nature and participation does not guarantee any financial return or benefit. All rewards, including any commissions or bonuses, are contingent upon successful completion of program requirements. The rewards program and all related opportunities, such as bonus rewards or multipliers, are subject to jurisdictional restrictions and do not guarantee ownership of the physical artwork. All earnings, including commissions under the Ambassador Program, are contingent on successful completion of all program requirements, including submission of onboarding forms and compliance with applicable guidelines. LiveArt reserves the right to modify the terms, rates, or rewards of these programs at any time, without prior notice.

6.6 Jurisdiction and Governing Law

LiveArt services, including reward programs, are unavailable to U.S. Persons and in restricted jurisdictions (as defined in Section 4.1). By using the platform, you certify you are not accessing from prohibited locations. Rewards and promotional items are discretionary, may be modified or canceled at any time, and have no cash value unless expressly stated. LiveArt reserves the right to block access from any location or device determined to violate these terms. If accessing from outside your country, you are responsible for ensuring compliance with local laws. These terms are governed by Swiss law. By participating, you consent to jurisdiction in Zug, Switzerland, waive forum non convenience defenses, and agree to resolve disputes individually without class actions.

6.7 Note on Issuance of Rewards

Any rewards, or digital collectibles offered as part of the rewards games are issued by LiveArt. The issuance and management of such rewards fall under Swiss law and LiveArt's operational discretion.

7. Privacy

LiveArt processes personal data in accordance with the Swiss Federal Act on Data Protection (2023) (the “FADP”) and, where applicable, equivalent foreign data-protection standards. Personal data are collected and used only to operate the LiveArt platform, deliver the Services, fulfil legal and regulatory obligations, and maintain compliance with AML, CTF, and sanctions requirements. LiveArt may collect and process personal information that you provide during registration or use of the Services, including identification details, contact data, blockchain wallet addresses, transaction history, device information, and communications with LiveArt. LiveArt may also process technical data (such as log files, cookies, and analytics) for performance monitoring, fraud prevention, and platform improvement. LiveArt may be legally required to retain or disclose personal data and transaction information to competent authorities—including MROS, FINMA, SECO, and tax or judicial bodies—for AML, CTF, sanctions, or other regulatory purposes. Such processing and disclosures are performed strictly in accordance with applicable law and limited to what is necessary for compliance. Retention periods correspond to statutory or regulatory record-keeping requirements. LiveArt may transfer or process personal data outside Switzerland only where (i) the destination jurisdiction provides an adequate level of protection as recognized by the Swiss Federal Data Protection and Information Commissioner (FDPIC), or (ii) the transfer is governed by standard contractual clauses or another legally recognized safeguard. Transfers occur solely to the extent necessary for platform operation, secure data hosting, or AML/KYC verification. LiveArt implements technical and organizational measures appropriate to the risk, including encryption, access control, and restricted internal processing. However, no electronic system is entirely secure, and LiveArt cannot guarantee absolute protection against unauthorized access or loss. Users are responsible for securing their devices and login credentials. Under the FADP, users have the right to access, rectify, and request deletion or portability of their personal data, subject to statutory exceptions. Requests should be submitted in writing to [email protected]. LiveArt may require identity verification before acting on such requests. When registering, you consent to receive service-related and promotional communications unless you opt out. You may withdraw consent or change communication preferences at any time through your account settings or by contacting [email protected]. Withdrawal does not affect the lawfulness of prior processing. The Site may use cookies and similar technologies for functionality, analytics, and security. You can control cookie preferences through your browser settings. For more details, see LiveArt’s Privacy Policy. This Section 8 forms part of LiveArt’s overall Privacy Policy, which provides additional details about categories of data processed, third-party processors, and user rights. In the event of inconsistency, the Privacy Policy prevails.

8. Fees

There are no fees for accessing the Site but there are fees for buying and selling Digital Assets as set forth in applicable agreements. You are responsible for all equipment and internet access costs needed to use the Services. We reserve the right to modify or discontinue the Site or features without notice. We shall not be liable for exercising this right. Modifications may include fee-based services or pricing changes. All new features are subject to these Terms of Use.

9. Regulatory Change/Adjustment

If any provision of these Terms becomes unlawful, invalid, or requires modification due to changes in Swiss or foreign laws, regulations, or regulatory guidance, LiveArt may suspend, amend, or replace the affected provision to the minimum extent necessary to comply with applicable law while preserving commercial intent. LiveArt may adjust features of Digital Assets (including access restrictions) to comply with legal requirements.

10. User Conduct on Site

By using the Site, Services, or posting Sale Information, you agree not to: • Use the Site for unlawful purposes or to promote unlawful activities; • Impersonate others or make false representations; • Upload or post content that infringes others' rights or is obscene, defamatory, harmful, abusive, threatening or false; • Post illegal, offensive or objectionable content; • Remove or modify intellectual property notices; • Upload harmful data or software; • Reverse engineer, decompile, or disassemble the Services; • Distribute spam, chain letters, or pyramid schemes; • Compromise system integrity or security; • Conduct automated queries; • Impose unreasonable loads on LiveArt's infrastructure; • Develop competitive products or services; • Alter smart contracts; • Circumvent or attempt to circumvent jurisdictional, sanctions, or KYC/AML controls; • Use VPNs, proxies, or obfuscation tools to access the Services from prohibited locations; • Engage in market manipulation, wash trading, or deceptive practices relating to Digital Assets; • Or permit third parties to do any of the above. Violation of system or network security may lead to civil or criminal liability. We may terminate your access without notice for violations. We will cooperate with law enforcement investigations.

11. Third-Party Websites and Information

The Site may link to other internet websites or include references to information from other parties, including our affiliates. These other sites are not under our control, and we are not responsible for their content or accuracy, nor for errors in references to other parties or products. Links or references do not imply endorsement, association, or warranty. Access to linked third-party websites is at your own risk.

12. Materials on the Website

The Site is owned and operated by LiveArt. User interfaces, website design, information, trademarks, services marks, data, code, and other elements ("LiveArt Materials") are protected by intellectual property laws and belong to LiveArt and its licensors. The LiveArt Materials may contain inaccuracies. You agree not to sell, resell, reproduce, duplicate, copy, or use for any purposes any portion of the Site. Unauthorized use may violate applicable laws and result in penalties. LiveArt does not claim copyright ownership in depicted Works. Use of artwork or images requires the copyright owner's permission per applicable law. We make no warranty that your use of materials will not infringe third-party rights. The Site is not intended for minors and may contain content some may consider offensive.

13. Copyright Infringement Claims

LiveArt respects intellectual property rights. If you believe your copyright has been infringed, notify our Designated Agent with: (1) a signature of the authorized person; (2) identification of the copyrighted work; (3) contact information for the complaining party; (4) description and location of the allegedly infringing material; (5) a statement of good faith belief that use is unauthorized; and (6) a statement under penalty of perjury that the information is accurate and that the complaining party is authorized to act. Send notifications to: Attention: Data Protection Officer LiveArt SA, Grundstrasse 11, Rotkreuz 6343 Switzerland [email protected]

14. Disclaimers and Limitation of Liability

The Site, the Services, and all Digital Assets are provided on an “as is” and “as available” basis without warranties of any kind, whether express, implied, or statutory. To the maximum extent permitted by applicable Swiss law, LiveArt, its affiliates, directors, officers, employees, agents, partners, licensors, and service providers expressly disclaim all warranties, representations, and conditions, including but not limited to: • warranties of merchantability, satisfactory quality, fitness for a particular purpose, or non-infringement; • warranties regarding safety, accuracy, reliability, timeliness, completeness, or usefulness of any information or data (including AI Services, market estimates, or valuations); • warranties that Services will be uninterrupted, error-free, secure, or free of harmful code; • warranties that Digital Assets will retain value, be tradable, or meet your expectations. LiveArt makes no warranty or representation concerning any underlying asset linked to a Digital Asset, including authenticity, provenance, title, or condition. Any information provided by LiveArt, whether through the Site, Services, AI Services, or otherwise, is provided solely for informational and educational purposes and does not constitute legal, financial, investment, or tax advice. Users are solely responsible for evaluating such information and for obtaining independent professional advice prior to making any decision based on it. To the fullest extent permitted by Swiss law, LiveArt shall not be liable for any direct, indirect, incidental, special, punitive, exemplary, or consequential damages of any kind, including but not limited to loss of profits, revenue, data, goodwill, opportunity, or anticipated savings, even if LiveArt has been advised of the possibility of such damages. Without limiting the foregoing, LiveArt shall not be liable for any damages or losses arising out of or in connection with: (a) the classification, re-classification, suspension, prohibition, or delisting of any Digital Asset by regulators, courts, or exchanges; (b) suspension, delisting, or unavailability of any blockchain network, exchange, or trading venue; (c) vulnerabilities, bugs, exploits, forks, reorganizations, congestion, or failures of blockchain technology or smart contracts; (d) loss or compromise of private keys, seed phrases, passwords, or access credentials; (e) compliance-driven actions, including KYC/AML holds, sanctions blocking, transaction reporting, or account freezes; (f) changes in law, regulatory interpretation, or enforcement affecting Digital Assets; or (g) user negligence, misuse, or reliance on third-party platforms, wallets, or services. To the fullest extent permitted by Swiss law, LiveArt total aggregate liability for any and all claims arising out of or in connection with these Terms of Use, the Site, the Services, or any Digital Asset shall not exceed the greater of (i) CHF 100 (one hundred Swiss francs) or (ii) the total fees actually paid by the user to LiveArt in the twelve (12) months immediately preceding the event giving rise to the claim. This limitation does not exclude liability for gross negligence or wilful misconduct, and shall not be construed to create any minimum entitlement. Users acknowledge that (a) regulatory frameworks applicable to Digital Assets may change over time; (b) LiveArt cannot guarantee that any Digital Asset will remain compliant with current or future regulations; and (c) technological factors such as blockchain failures, gas-fee volatility, or network downtime may materially affect performance or access. Nothing in this Section excludes or limits any rights that cannot be excluded or limited under mandatory Swiss consumer-protection law. This clause does not create any automatic right to reimbursement or damages but preserves only those rights that are expressly non-waivable under Swiss law. Users acknowledge that LiveArt has made no representations, warranties, or guarantees regarding the future price, market value, resale potential, or profitability of any Digital Asset. No statement, marketing material, or communication by LiveArt shall be construed as a promise or assurance of financial return.

15. Indemnification

You agree to defend, indemnify and hold us and our affiliates harmless from all liabilities, claims and expenses, including legal expenses, arising from your use or misuse of the Site or Services, including Sale Information that infringes others' rights or use of information from the Site for non-educational purposes. We reserve the right to assume exclusive defense and control of matters subject to indemnification, in which case you will cooperate in asserting available defenses. You waive any right to participate in class actions. Claims must be brought individually. If a court deems this class action waiver unenforceable, claims must be brought in court, and arbitration provisions will not apply.

16. Participation in Promotions

The Site may include third-party advertisements. You may correspond with or participate in advertisers' promotions. Any correspondence, promotions, delivery, payment, and associated terms are solely between you and the advertiser. We assume no liability or responsibility for any part of such correspondence or promotion.

17. Termination of Use

We may terminate or suspend your access to the Site or Services without notice for any reason, including breach of these Terms. Suspected fraudulent, abusive or illegal activity may lead to termination and referral to law enforcement. Upon termination, your right to use the Services ceases, and we may deactivate your account, delete your Sale Information, and bar further access. We shall not be liable for any claims from termination or suspension. Sections 1-18 survive termination. LiveArt may freeze, restrict, or terminate access where required by AML/CTF, sanctions, court orders, or internal risk policies. LiveArt may retain and disclose records to competent authorities as required by law.

18. Governing Law

All content and services provided by LiveArt are based in Switzerland and provided according to Swiss legislation. These Terms of Use shall be governed by and construed according to Swiss law, without regard to conflict of law principles. All disputes shall be brought exclusively before the competent courts of Zug, Switzerland, and LiveArt may additionally seek injunctive relief in any jurisdiction to enforce its IP, AML, or sanctions rights.

19. Notices/Contact Information

All notices shall be in writing via electronic mail or commercial overnight carrier. For notices to LiveArt SA: Attention: Data Protection Officer LiveArt SA Grundstrasse 11, Rotkreuz 6343 Switzerland, [email protected] Notices to you may be sent to your email address or physical address provided during registration. We may also broadcast notices through the Site to inform you of changes or important matters, which shall constitute notice to you.

20. Regulatory & Licensing Disclaimer

LiveArt does not warrant that any Service constitutes a licensed or otherwise authorized financial service under Swiss or foreign law. Unless expressly stated in writing, LiveArt is not licensed as a bank, securities firm, asset manager, exchange/venue, or custodian in Switzerland or elsewhere. Users are responsible for ensuring that their access and use are lawful in their jurisdiction.

21. Miscellaneous

These Terms of Use, together with any applicable token-specific agreements, constitute the entire agreement between the parties and supersede all prior representations or understandings. We shall be excused from liability for non-delivery or delay arising from events beyond our reasonable control, including labor disturbance, war, fire, accident, adverse weather, transportation issues, governmental acts or regulations, and other causes beyond our control. If any part of these Terms is invalid or unenforceable, that portion shall be construed consistent with applicable law to reflect the original intentions as nearly as possible, and remaining portions remain in full effect. Failure to enforce any provision does not constitute a waiver of that provision.