Believer NFT Terms

Last Updated: September 1, 2026

These terms govern the Candle Believer NFT. They form part of the Terms of Service.

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1. What the Believer NFT is

The Believer NFT is a soulbound, non-transferable NFT issued by Candle on Solana and on Robinhood Chain (Hood). It records that a wallet met the Wallet IQ eligibility threshold at the time of minting.

Eligibility is determined by Wallet IQ, Candle’s automated analysis of a wallet’s public on-chain trading history.

2. Soulbound

The NFT cannot be transferred, sold, gifted, lent, or approved to another address. The contracts revert on every transfer and approval path. This is a property of the token, not a policy Candle applies.

Consequences:

• There is no secondary market, and there cannot be one.
• You cannot buy one. Anyone offering to sell you a Believer NFT is defrauding you.
• If you lose access to the wallet holding it, you lose the NFT and everything it unlocks. Candle cannot move it or reissue it to a different wallet.

3. What it grants

Benefit	Detail
0.5% platform trade fee	Pay 0.5% instead of the 1% Free agent rate. Web same-chain Believers also pay 0.5% (not free). Cross-chain web trades stay 1% for every trader.
Exclusive launches	Ability to buy on gated bonding curves before the token bonds
Exclusive stream segments	Access to gated portions of livestreams and replays
Believer ring	Ring 4 in the Candle community
Profile badge	Once linked to your Candle account

Holding the NFT on either chain unlocks the benefits on both. Candle mirrors Solana holders to Hood, and a Hood-minted NFT can be claimed back to Solana.

Benefits are verified by Candle server-side against your actual on-chain holdings, at the time each benefit is used.

4. What it does not grant

Caution

The Believer NFT does not contractually confer:

• an ownership, equity, or governance interest in 7 Candlesticks, Inc.;
• a right to any revenue, profit, distribution, or dividend;
• a promise of profit, or a claim on any asset;
• a guarantee that any launch you access will be profitable, or even non-fraudulent;
• a permanent or irrevocable entitlement to anything.

The legal classification of an NFT depends on applicable law and the facts and manner in which it is offered and used. These terms do not determine that classification.

Access is not vetting. The gate restricts who can buy early on an exclusive launch. It says nothing about whether a token is good, safe, or honest. Exclusive launches carry the same risks as any other — see the Risk Disclosure Statement.

5. Intellectual property

The artwork, metadata, traits, name, and design of the Believer NFT are owned by Candle.

Minting grants you a personal, non-commercial, non-exclusive, non-transferable, revocable licence to display the NFT and its artwork in connection with your ownership of it — in a profile picture, in social media posts, and similar personal use.

You may not use the artwork commercially, create or sell derivative works, use it to promote another product or project, or use it in a way suggesting Candle endorses you. See the Trademark Guidelines.

6. Minting

Minting is free at the time of writing, and free minting is a limited-time offer. Candle may introduce a mint price, change eligibility thresholds, pause minting, or end the programme at any time.

You pay the network fee for the mint transaction. That fee goes to the network, not to Candle.

Minting requires you to be 18 or over and not located in a Prohibited Jurisdiction.

Candle may decline to issue, or may revoke, an NFT obtained through a wallet used for fraud, manipulation, sanctions evasion, or breach of the Terms of Service, or obtained by attempting to game the Wallet IQ scoring.

7. Benefits may change

Note

Candle may modify, reduce, suspend, or withdraw any benefit at any time, including the platform swap-fee rate attached to the NFT, and may change how eligibility is determined.

Web-swap fees are applied by Candle’s servers at quote and execution time. Any reduced or waived rate is a discretionary commercial concession, not a contractual entitlement, and it does not survive a change to Candle’s fee model.

Marketing that once described Believer trading as “lifetime free” is not a contractual guarantee of perpetual free trading. The current Believer fee is 0.5% versus 1% Free. Web same-chain Believers pay 0.5%, not 0%. Cross-chain web trades stay 1% for every trader.

Holding the NFT does not entitle you to any benefit that Candle has discontinued, and Candle owes you no compensation for a discontinued benefit.

8. Wallet IQ and your data

Minting depends on an automated profiling process. Your score, its full breakdown, mint status, and NFT traits are stored against your wallet address, and your score may appear on public leaderboards.

You can request an explanation, human review, or deletion of a score at privacy@candle.tv. Deleting your score removes the basis for the benefits it unlocks.

See Wallet IQ and Automated Profiling.

9. Revocation and termination

Candle may revoke NFT-linked benefits, and disregard an NFT for gating purposes, where you breach the Terms of Service or Community Guidelines, or where the NFT was obtained improperly.

Because the token is soulbound and on-chain, Candle generally cannot burn or remove it — but Candle can and will stop honouring it.

10. No warranty

The NFT and its contracts are provided “as is”. They are subject to the smart contract, blockchain, and wallet risks described in the Risk Disclosure Statement.

Candle does not warrant that the NFT will remain accessible, that any marketplace or wallet will display it, or that the mirroring between chains will always function.

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Questions: legal@candle.tv