Only DDT Store registered members are eligible to participate in the auction.
Opening bid for Wake Up Before It’s Too Late (Installation) is at HK$190,000. All bids should be made in HKD only.
Wake Up Before It’s Too Late (Installation) is a unique NFT artwork consisting of a wooden house, an original canvas painting, as well as an animation. The NFT is minted on the Solana blockchain.
A pre-authorised entry deposit of HK$15,000 (in fiat currency) / 50 SOL (in cryptocurrency) is required to enter the auction. Please notify your financial institution in advance to ensure sufficient credit is available, or ensure you have enough SOL in your digital wallet.
SOL is the official cryptocurrency for this auction, and DDT Store accepts cryptocurrency payment from FWEN, Phantom, or Sollet wallet only. Payment from digital wallets hosted at other exchanges or self-hosted wallets will not be accepted.
Only the top bidder will win the bid. If two or more bidders place identical bids, the first bid received will take precedence.
This sale is a silent auction. All bids submitted will remain confidential.
The successful buyer will be notified by email at the end of the auction and are required to pay the remaining balance within 24 hours.
Shipping fee will be charged separately. The successful buyer will be notified to settle the shipping fee before delivery.
Deposit will not be refunded to the successful bidder if he/she fails to settle the full invoice within 24 hours and without any valid reason. Purchase opportunity will be given to the next highest bidder.
Shipping of Wake Up Before It’s Too Late (Installation) will begin in September. DDT Store will only transfer the NFT to the successful buyer’s FWEN/Phantom/Sollet wallet after the full invoice has been settled.
The successful bidder agrees to provide us with all information and documentation DDT Store requests in order to verify your identity and to confirm that the cryptocurrency payment was made from a digital wallet registered in his/her name.
The successful buyer is responsible for securing storage of the NFT in the digital wallet or other storage mechanism he/she uses to receive and/or hold the NFT. DDT Store will not be liable for any loss/risk after transfer of ownership is made.
Pre-authorised payment will be fully refunded to all unsuccessful bidders. Exact time frame of refund depends on your authorised financial institution and card issuers’ policies.
All bids are non-retractable. Bids cannot be canceled once they have been submitted.
All bids and invoices are settled in either Hong Kong dollars (fiat currency) or SOL (cryptocurrency) only. No partial payment in two currencies is allowed. Outstanding balance should be settled in the selected currency paid for the pre-authorised payment.
Bidders will be responsible for any applicable network fee or gas fee required to conduct the transaction on the blockchain.
Once a cryptocurrency transaction is initiated, the transaction cannot be reversed; the successful buyer is responsible for verifying that the correct amount is sent to the correct digital wallet address.
There is no Buyer's Premium charged for the artwork purchased in this auction.
Customs duties and import taxes (if any) are not included in the hammer price. Successful buyer is responsible for these charges upon shipment delivery.
Bidders are advised to check relevant customs and import regulations prior to bidding, if they intend to import the artwork into another country. Should an import documentation is needed, bidders should be responsible for the permit application.
Closing time of the auction is at 12pm (HKT) on 16th August 2021.
DDT Store will only accept payment from the registered bidder. We reserve the right to decline payments received from anyone other than the buyer of record and that clearance of such payments will be required.
The successful buyer is bound by a 1-year lock-up period of no re-sale or transfer of ownership to a third party.
Any transfer of the ownership of the NFT is restricted to Solana wallets or FWEN wallet only.
For every resale that takes place after the 1-year lock-up period, 10% of proceeds from every secondary sale will go to DDT Store, which will be shared between the platform and the artist. This will be automatically executed by the smart contract.
DDT Store will not be responsible or liable for any loss and take no responsibility for, and will not be liable for, any use of crypto assets, including but not limited to any losses, damages or claims arising from: (a) user error such as forgotten passwords, incorrectly constructed transactions, or mistyped addresses; (b) server failure or data loss; (c) corrupted wallet files; (d) unauthorized access to applications; (e) any unauthorized third party activities, including without limitation the use of viruses, phishing, bruteforcing or other means of attack against the service or crypto assets.
In case of any dispute, DDT Store reserves the right of final decision.
Please refer to Terms of Service for full terms and conditions.