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NFT License

Overview

License

The NFT License helps define the rights of both owners or collectors of the non-fungible tokens (NFTs) as well as artists working with NFTs. The NFT License is designed to balance two concerns:

  • Protecting the hard work and ingenuity of creators
  • Granting owners or collectors the freedom and flexibility to fully enjoy their non-fungible tokens

Any NFT project can use this license.

The Content is Yours

Artists own all the rights to the content they create and post on Paras. Of course, if the content wasn’t yours to begin with, putting it on Paras doesn’t make it yours. Don’t submit content you don’t hold the copyright for (unless you have permission).

Artists are responsible for the content they post. This means all risks related to its publication and display, including someone else’s reliance on its accuracy and any claims relating to intellectual property or other legal rights.

What am I allowed to do with the art associated with my NFT?

You have broad rights to use the art associated with your NFT. In the case of a Digital Art Card (DAC), you can do any of the following:

  • Use the DAC for your own personal, non-commercial use;
  • Use the DAC when you’re on a marketplace that allows the purchase and sale of your card, so long as the marketplace cryptographically verifies that you are the owner;
  • Use the DAC when you’re on a third-party website or app that allows the inclusion, involvement, or participation of your card so long as the website/app cryptographically verifies that you are the owner, and the DAC doesn’t stay on the website/app after you’ve left; and

What am I NOT allowed to do with the art associated with my NFT?

There are a few things that aren’t appropriate uses for your NFT art. They include:

  • Modifying the art;
  • Using the art for commercialize purpose without asking from the creator/artist permission
  • Using the art to market or sell third-party products;
  • Using the art in connection with images of hatred, violence, or other inappropriate behavior; or
  • Trying to trademark your art, or otherwise acquire intellectual property rights in it.