Rario Announced Buyback At MSP
The wait is over, Rario announced Buyback of all Player Card NFTs. Buyback is at $100 for Black, $25 for Gold, $5 for Silver & $1 for Bronze NFT Player Cards with a Commission Fees of 1% by Rario at 83 INR/USD Rate.
"Dear Rario Users,
Details about Buyback Request Submission, KYC Closure Date, Withdrawal Accounts Verified, Urgent Actions required and much more are written below.
Scroll Down to the bottom for Exact Rario's Buyback Details & Terms
The Buyback starts on February 12th, 2025, and closes on March 20th, 2025.The Moment cards and Player cards will be bought back by Rario.The prices of the card categories are - Bronze - 1 USD, Silver - 5 USD, Gold - 25 USD, and Black 100 USD.All listed cards on the marketplace will be automatically delisted after February 6th, 2025 and the cards will move back to the vault of the respective users before February 12th, 2025 You can view your cards in your Vault and participate in the Buyback program once live on February 12th, 2025.Yes, all moment and player cards stored in the Vault are eligible for Buyback, including Bronze, Silver, Gold, and Black cards, each with their specific buyback values.Once the scheduled buyback period is over, the base price for the cards are subject to change.
All updates about the Buyback Process will be available in the Rario Timeline Index made below.
Rario Buyback Announcement on Discord & Telegram:
Rario Buyback Announcement in the Rario Website:
Rario Buyback Announcement in the Email:
Rario's Buyback Terms & Conditions:
The Below Text is a copy paste from Rario's Official Website https://www.rario.com/terms-of-use as of 31st January, 2024 at 10:20PM
60. BUYBACK TERMS
Rario is owned and operated by Digital Collectibles Pte. Ltd. ("Rario” “we” “us” and “our” which shall include its affiliates, employees, directors, group companies, parent company, and subsidiary). Rario is a platform that allows the users (“user”, “you”, and “your”) to inter alia buy, collect, sell, store, or display digital player and moments cards (including digital player and moments cards (“Cards”) including all associated features and functionalities (including Digital Product Wallet (herein referred to as “Vault”) and Payment Wallet), websites, platforms, and user interfaces, as well as all content and software applications associated (“Services”) on or through https://www.rario.com/(“Site”) or its mobile application (“App”) (collectively “Platform”).
These Buyback Terms are ‘Additional Terms’ as defined in our terms and conditions and are entered into by and between you and us.
‘THESE BUYBACK TERMS’ IS AN ELECTRONIC RECORD IN THE FORM OF AN ELECTRONIC CONTRACT AND DOES NOT REQUIRE ANY PHYSICAL, ELECTRONIC OR DIGITAL SIGNATURE.
PLEASE READ THE TERMS CAREFULLY BEFORE YOU PARTICIPATE IN THE BUYBACK. BY PARTICIPATING IN THE BUYBACK PROGRAM, YOU ACKNOWLEDGE THAT YOU HAVE READ AND UNDERSTOOD THESE BUYBACK TERMS AND AGREE TO BE BOUND BY THESE BUYBACK TERMS.
You will continue to be subject to the rules, guidelines, policies, terms, and conditions applicable to the Platform, and they shall be deemed to be incorporated into these Buyback Terms. They shall be considered as part and parcel of these Buyback Terms.
INTRODUCTION
The Platform is discontinuing the D3 utility, suspending its marketplace, and will be running a buyback program for the Cards. This buyback program aims to ensure a smooth transition for users and will be active until March 20, 2025. The Cards will be burned and cease to exist on the Platform as part of the buyback program. Note the term ‘burn’ means a permanent and irreversible transfer/cancellation of the Cards from the Vault. Once a user confirms their participation in the buyback program, under no circumstance can it be withdrawn. After participation in the buyback program, the Cards may still be visible on the blockchain, and may be removed from there at a later date; however, you will not be able to use or claim any rights on such Cards visible on the blockchain. The base value of the cards may change once the buyback is over.
BUYBACK VALUES
Moments & Player Cards Category: Bronze | Buyback Value: $1
Moments & Player Cards Category: Silver | Buyback Value: $5
Moments & Player Cards Category: Gold | Buyback Value: $25
Moments & Player Cards Category: Black | Buyback Value: $100
KEY DATES
February 6, 2025 | Marketplace suspension
February 9, 2025 | Last contest hosted on D3
February 9, 2025 | Completion of delisting of cards from marketplace
February 12, 2025 | Buyback launch
March 15, 2025 | KYC closure
March 15, 2025 | Last day to reveal Packs
March 20, 2025 | Online buyback closure
BUYBACK PROCESS & TIMELINES
a) Buyback Process
The buyback process will be conducted as per the Buyback Terms and conditions. Users who have at least 1 Card may choose to participate in the buyback program on or before March 20, 2025. This buyback program is part of our good faith effort and only as a gesture of goodwill without admitting any liability.
b) Eligibility Criteria
Participation in the buyback program is available to any user who is eligible as per the terms and conditions of the Platform and more specifically who has completed KYC (Know Your Customer) verification on the Platform. Additionally, only Cards stored in the Vault are eligible; and all unrevealed packs and cards must be revealed.
c) Step-by-Step Flow
1. Complete KYC Verification: Ensure your KYC is completed on the Platform by March 15, 2025.
2. Check Card Status: Verify that your Cards are in your Vault and are in revealed status. You must reveal unrevealed packs and cards to participate in the buyback program.
3. Buyback Participation: Access the buyback page made available through the Platform on February 12, 2025. Submit your irrevocable participation in the buyback program and also click the ‘agree and accept’ option therein to accept the Buyback Terms. Note that buyback participation is for all the Cards (with revealed packs and cards). Please note that upon the user participation in the buyback program, the Platform will only be available for viewing & downloading PnL statements, initiating withdrawal requests and reaching out to our support.
4. Buyback Scope: The nature of the buyback is monetary, based on the category of the Card alone.
5. Settlement: As a result of participation in the buyback program, the Cards will be automatically removed from your Vault, and the users will be credited the buyback amounts directly in their Payment Wallet within 48 - 72 hours of buyback completion.
6. Withdrawal: After the buyback is completed and the amount is credited to your Payment Wallet, you can only withdraw the full amount in a single transaction to your registered bank account. A withdrawal fee of $2 or 1% of the withdrawal amount, whichever is higher, will apply on all the withdrawals. For withdrawal processing, we will debit the amount from your Payment Wallet and transfer it online to your bank account within 10 to 14 days. We depend on banks and third parties to process withdrawal transactions to your bank account. You agree not to hold us responsible or liable in any manner for any delay in processing any payments. DISCLAIMER
All accounts, digital product wallets/vaults, and payment wallets will be closed by March 31, 2025. Those who choose not to participate in the buyback program will not receive any amounts that they would have otherwise received had they participated in the buyback program.
By participating in the buyback program, you hereby represent, warrant, and covenant that you are the sole, absolute, and lawful owner of the Card being bought back and are participating in the buyback program out of your free will.
The Platform disclaims any liability arising from the buyback process.
Users are responsible for reading and understanding these Buyback Terms and other communications about the buyback program to understand the user’s rights, responsibilities, and status in the buyback program. If a user has any questions about the buyback program or these Buyback Terms, the user should contact customer care at support@rario.com.
We are not liable for any loss, claims, liabilities or damages whatsoever that may be suffered, or for any personal injury that may be suffered by any user, directly or indirectly, by participation/non-participation in the buyback program.
These Buyback Terms are without prejudice to our rights as detailed in the terms and conditions.
LIMITATION OF LIABILITY
IN NO EVENT WILL RARIO OR ITS SUPPLIERS, LICENSORS, AFFILIATES, PARTNERS, SUBSIDIARIES, DIRECTORS, EMPLOYEES, REPRESENTATIVES, AGENTS AND/OR MEMBERS BE LIABLE TO YOU OR ANY THIRD PARTY FOR ANY INDIRECT, CONSEQUENTIAL, EXEMPLARY, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES ARISING FROM THESE BUYBACK TERMS, THE PLATFORM, THE SITE, ACCOUNT, DIGITAL PRODUCT WALLET/VAULT, PAYMENT WALLET, CARDS, DIGITAL PRODUCTS, CONTENT. TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW RARIO’S AND ITS SUPPLIERS’, LICENSORS’, AFFILIATES’, PARTNERS’, SUBSIDIARIES’, DIRECTORS’, EMPLOYEES’, REPRESENTATIVES’, AGENTS’, AND/OR MEMBERS’ AGGREGATE LIABILITY FOR ANY AND ALL PROVEN CLAIMS ARISING UNDER THESE BUYBACK TERMS SHALL BE LIMITED TO THE BUYBACK AMOUNT PAYABLE BY RARIO TO USER DEPENDING ON THE CARDS HELD BY THE USER IN ACCORDANCE WITH THESE BUYBACK TERMS. GOVERNING LAW
All disputes arising out of or in connection with these Buyback terms shall be referred to and finally resolved by a sole arbitrator appointed by Rario in accordance with the rules and procedures of the Singapore International Arbitration Centre. The venue of the arbitration shall be Singapore.
Each party shall bear its own cost of arbitration. The award passed by the arbitrator shall be final and binding on all Parties.
Top effort 💪
ReplyDelete🥰 It Means A Lot
DeleteGreat job @telekillos. Your effort shines through and ur hard work is evident not only in this post but in your other contributions regarding rario as well.👏👏.
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