The digital data of the NFT is stored on the file server managed by Startbahn Inc.įor NFT transactions in NFT marketplaces, it is common to store the digital data by using the decentralized management services such as IPFS. The digital data of the artworks is not included in NFT, and it is not recorded on the blockchain where the NFT issuance and transactions are recorded. Relevance between NFT and Digital dataĪn NFT is a digital asset which creates a tokenized proof of title to a unique digital version of an underlying digital asset (such as images, videos or other digital content). Startrail is built on Polygon blockchain, a Layer2 sidechain of Ethereum, and NFT generated on Startrail meets ERC721 standards.Ģ. NFT (Non-Fungible Token)s for this sale are minted on the platform called "Startrail" provided by Startbahn Inc. NOTWITHSTANDING THIS ONLINE CONDITION REPORT OR ANY DISCUSSIONS CONCERNING A LOT, ALL LOTS ARE OFFERED AND SOLD "AS IS" IN ACCORDANCE WITH THE CONDITIONS APPLICABLE TO THE RESPECTIVE SALE(S). The responsibility for ascertaining the condition of a lot remains with the purchaser, and Startbahn cannot be held responsible for the content of condition reports, which are provided for guidance only in assessing the condition of a lot. All auction participants should inspect a lot and satisfy oneself as to its condition prior to bidding.
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Condition reports may make reference to particular imperfections of a lot, although the lot may have other faults or issues not expressly referred to in the condition report for the lot or shown in the online images of the lot.Ĭondition reports are not an alternative to carrying out your own inspection and investigation of a lot and/or seeking your own independent professional advice. The images of a lot form part of the condition report for the lot, however certain images of a lot provided online may not accurately reflect the actual condition of the lot. The reports may make reference to a lot’s smart contract details and history, metadata and/or media file specifics, storage, and/or origin, and other token features, however such reports may not refer to or identify all faults and potential vulnerabilities that may exist. The reports are non-exhaustive and based solely on information provided to Startbahn and/or obtained by Startbahn prior to sale, unless otherwise specified. Startbahn Condition Reports are statements of opinion only and not representation of fact.
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The latest version of terms of use show always on the viewer page of work of Startbahn Cert.The buyer may resell this NFT via NFT marketplaces, galleries, auction houses or off-chain markets, and transfer the NFT ownership to the next owner via Startbahn Cert.įor further information like as usage of digital wallet services other than tor.us, or how to resell the NFT, Startbahn will send guidance to winning bidders. If the terms of use are set, it is necessary for SBI Art Auction Co., Ltd. Even after the NFT work is sold at the auction held by SBI Art Auction Co., Ltd., the artist can apply the terms of use for the NFT holder by agreeing in advance with the current NFT holder. All ownership history and genuinity of the artwork is securely stored in the Startrail Registry Record (SRR). The access to the artwork file(s) is limited to the holder and issuer of the NFT. To receive this NFT, the preferred way is for the buyer to create a Startbahn Cert. The buyer may also transfer this NFT to the ethereum main network but additional transaction costs will incur. What this means is that even though Startbahn recommends users create an email based wallet through tor.us, the tokens can be transferred directly to any ethereum address if desired by the buyer. The tokens created by the Startrail contracts (these are the groups of backed contracts Startbahn uses for the extra functions provided by the platform) do meet ERC721 standards for function use, and can be ported to the ethereum mainnet. The security of the token meets standard ERC721 levels, and the solution includes standard ERC721 functions for transferability, but the addition of extra contract functions to enable specific features on the Startrail. The Startrail solution built on Polygon where this NFT currently exists is constructed with a thoughtful approach to users and artists deal with art works. This token was minted on the Startbahn platform called Startrail, which is built on the Polygon blockchain, a Layer 2 sidechain to the Ethereum blockchain.
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