Digital Access Pass Terms
The Digital Access Pass (DAP) is a utility access pass on Solana. It is not a financial instrument.
What it is. The DAP is a non-fungible token (NFT) issued by Fifth and Nine on the Solana blockchain. Holding a DAP grants the holder access to specific content, services, experiences, and benefits associated with the model linked to that DAP, at the tier purchased.
What it is not. The DAP is not a security, an investment contract, an equity interest, a debt instrument, or a financial instrument of any kind. It does not represent a claim on Fifth and Nine’s assets, revenue, or profits. It does not entitle the holder to dividends, voting rights, or governance over Fifth and Nine.
Resale. DAPs are transferable on the secondary market. Fifth and Nine does not guarantee any resale value. Royalties on secondary sales, where supported by the marketplace, are directed in part to the model.
Geographic restrictions. DAPs are not offered to residents of jurisdictions where their sale is prohibited or restricted by law. By purchasing a DAP you confirm you are not subject to such restrictions.
No upfront cost to talent. Fifth and Nine does not pass any portion of mint, gas, or platform fees to the model. The model receives a 60 percent share of pass proceeds after launch costs are recovered, in line with our talent-first business model.
The Digital Access Pass is a utility NFT granting access to content, services and experiences. It is not a security, an investment contract, or a financial instrument. It does not represent equity, debt, or any claim on the issuer’s assets or revenue. Buyers should not purchase a DAP with the expectation of profit.