01Subject
The operator (agent) undertakes, for a fee, to sell the author’s (principal’s) works at platform auctions: publishing the lot, running the auction, collecting payment and remitting proceeds. Submitting a work via the artist studio constitutes acceptance.
02Author’s warranties
The author warrants being the creator and rightsholder of the work (Civil Code arts. 1257, 1229), that the work is original and free of third-party claims, pledges or disputes, and indemnifies the operator for losses caused by breach of these warranties.
03Display licence
The author grants the operator a royalty-free non-exclusive licence to reproduce and communicate images of the work to the public (Civil Code art. 1270) for auction, catalogue and sales-archive purposes.
04Moderation and evaluation
Lots are moderated; the operator may decline a submission with reasons. The curator’s algorithmic evaluation is advisory; the estimate and starting price may be adjusted by the operator based on comparable sales, with notice to the author.
05Commission and payouts
The agent’s fee is charged as the buyer’s premium; the author-side commission follows the current tariffs (0% for the founding cohort). Proceeds are remitted within 10 business days of receiving full payment from the buyer. Authors handle their own taxes; self-employed authors (Law 422-FZ) issue an NPD receipt for the payout.
06Resale royalty
On public resale through the platform the author is entitled to 5% of the resale price (Civil Code art. 1293, Government Decree No. 285). The royalty does not apply to the first sale.
07Handover
After payment the author hands the work to the operator or directly to the buyer within the agreed period, properly packed and matching the description. Delivery costs are allocated per the lot terms.
08Withdrawal and termination
Before the first bid the author may withdraw a lot freely. After the first bid, withdrawal requires the operator’s agreement. The agreement remains in force until obligations for listed lots are performed; either party may terminate for future lots by notice.
The Russian version is legally binding; the English text is a courtesy translation.