U Meta Market

     Meta Flavor NFT Product Manuals     

Shop Link:https://opensea.io/Meta-Flavor

1

Product Description
1.1 Product Concepts
The "Meta Flavor NFT" is a physical NFT product for international sales, physical goods cross-border export (within China) + overseas blockchain mall retail (outside of China), based on the smart contract, consisting of the limited edition physical white spirit and the NFT token (international digital bill of lading).
The “Meta Flavor NFT" product is limited to a maximum of 10,000 pieces (actual sales can only be lower than 10,000 pieces), and will be sold in batches on the shelves, including 10,000 NFT tokens (international digital bills of lading) and the corresponding numbered "Meta Flavor" limited-edition physical white spirit. One NFT token corresponds to one group (2 bottles) of physical white spirit, and the two are one-to-one and inseparable.
The “Meta Flavor” white spirit is a selection of its collectable 53-degree "Master's Pinch" wines from the Luyizun production area. It is produced and supplied by Sichuan Luyizun Raw Wine Co., Ltd., following international white spirit standards.

     

By buying the "Meta Flavor NFT” product, you acquire the following rights:
1) The token of “Meta Flavor NFT" has a unique number designed by professional designers with the function of picking up the goods.
2) The token adopts blind watermarking and electronic identity for rights recognition and can be traded on the internationally renowned NFT platform, Opensea (or other platforms; please refer to the announcement on the official website of Guangzhou You Mi for more details) or can be traded in the secondary market of Opensea (or other platforms) during the period of pass (within five years).
3) After the expiration of the 5-year term, the token will be the only proof of delivery for the physical white spirit. It will deliver the corresponding numbered “Meta Flavor” physical white spirit. At the same time, the pass will not continue to circulate in the secondary market (if the goods are not picked up within 3 months after the expiration of the five years, it will be deemed to have automatically agreed to the auction organised by a professional international auction organisation commissioned by Guangzhou You Mi Company).
“Meta Flavor NFT” is a scientific and practical exploration of the development of Web3.0 cross-border E-commerce innovation model - the international sales of meta universe entity-based NFT products.

1.2 Trading Rules
The “Meta Flavor NFT" belongs to the development of international bill of lading in the direction of token, because it is tied to the physical NFT products, so it has special rules of the transaction
1) “Meta Flavor” is delivered by Guangzhou You Mi International Trade Development Company Limited (Guangzhou You Mi for short) in a cross-border e-commerce mode. With the bill of lading after the effective date of sale, the winery will hand it over to the designated cross-border logistics company for export within two months and send it to the designated overseas warehouse for sealing and storage. The whole sealing and storage process will be monitored. The duration of sealing is five years. During the sealing period, no one is allowed to open, transfer or replace the physical white spirit, thus ensuring its quality and uniqueness.
2) The “Meta Flavor NFT” is organised by Guangzhou You Mi Company for initial pricing and overseas marketing and is listed on the internationally renowned NFT trading platform, Opensea (or other platforms, please refer to the announcement on Guangzhou You Mi's official website for more details) for the initial sale. The purchaser of this NFT product will receive one “Meta Flavor NFT" digital token (international digital bill of lading) and related Ether rewards. (Primary Market)
3) During the sealing period, the “Meta Flavor NFT" digital token can be freely traded in the secondary market, and the token holder will have the right of delivering the physical white wine accordingly. The trading royalty in the secondary market is 7%.
4) After the expiration of the sealing period (calculated based on the sealing time of each batch), the last token owner will submit the address information through the official website of Guangzhou You Mi Company (www.metaumarket.com). Guangzhou You Mi Company will deliver the corresponding numbered physical white wine through international logistics to complete the delivery of the physical white spirit. Upon expiration of the sealing period, the “Meta Flavor NFT" digital token will be removed from the secondary market. It will no longer be circulated and traded, and the holder can permanently keep it as a digital collection.
5) After the token expiration, the entity that has not come to deliver and pick up the white wine within 3 months as agreed, Guangzhou Yau Mi Company, will auction it, and 70% of the legal tender from the auction will be distributed equally among the token holders. Each token holder who has not picked up the goods should provide the account number for receiving the money. It will be considered automatic relinquishment if they do not give the account number within 6 months. The auction proceeds will go to the Guangzhou Yau Mi Company to be at liberty to dispose of them.

2

Issuance Mechanism
Promotional incentives are detailed on the Promotional Incentives page.

3

Statement of Rights & Responsibilities
3.1 Statement of Rights & Responsibilities
1) The design copyright of Meta Flavor digital token and its peripheral products belongs to Guangzhou You Mi Company, and Guangzhou You Mi Company will issue the digital bill of lading combined with the NFT, and those who have purchased Meta Flavor digital token have the ownership of the digital token.
2) In addition to being traded and circulated in the secondary market as an NFT, the Meta Flavor Digital Token will be the only voucher to realise the delivery of physical white spirit upon expiration, so please keep it safely and securely.
3) Guangzhou You Mi will use technical means to ensure that the “Meta Flavor NFT" digital token and the corresponding number of a group of physical white spirit correspond to each other to prevent others from counterfeiting or fraudulent claims.
4) The physical product is a cross-border export product, and Guangzhou You Mi is only an export operator for cross-border e-commerce.
5) The NFTized transactions mentioned in this product are all carried out in legal markets outside China and do not belong to NFT trading activities in China. The purchasing activities of mainland Chinese buyers in overseas markets are purely personal overseas shopping behaviours.
6) Special Statement: Buyers or related platforms conducting their own NFT transactions of this product within mainland China shall not use this product for secondary transactions, nor shall they use virtual coins as intermediaries to trade NFT.
3.2 Disclaimer
1) The domestic Chinese companies associated with Meta Flavor NFT products are only suppliers or service providers of goods exported for cross-border trade and do not have any domestic NFT transaction activities.
2) Meta Flavor NFT products have certain investment properties, which involve the rise and fall of the value of liquor, token, Ether and other related assets, which are borne by the purchaser. Investment risk: buyers need to be cautious.
3) Suppose the physical white spirit is damaged or polluted due to force majeure (e.g. natural disasters, war, etc.), and delivery cannot be realised. In that case, Guangzhou You Mi will not be liable for breach of contract.
4) Guangzhou You Mi will not be liable for any breach of contract in case of failure to deliver the physical white spirit in time after the expiration of the period due to the impact on international logistics arising from force majeure (e.g. natural disasters, global politics, etc.).
5) In the delivery process, the loss or breakage of the physical white spirit arising from the international logistics and transportation process should be insured by the logistics company entrusted with the job. If it is impossible to supplement the replacement, the insurance company will bear the corresponding compensation, and Guangzhou You Mi will not bear the responsibility of breach of contract.
6) If the delivery of physical white spirit is not completed due to the failure of the token holder to provide a delivery address or the submission of a wrong or inaccurate delivery address within three months from the date of delivery due date, the token holder shall be responsible for such failure, and Guangzhou You Mi shall not be liable for any breach of contract.

© 2023 Guangzhou You Mi International Trade Development Co., Ltd

The final interpretation of the Company's product design, trading rules and incentives and rewards mechanism shall be vested in Guangzhou You Mi Company.

本公司的产品设计、交易规则和激励奖励机制的最终解释权归广州有芈公司

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