Holo-NFT License

Updated: Dec 2, 2021


It is important to take note that typically the owner of the 3D file will specify one of the following types of licenses and store this information as part of an on-chain smart contract. The subsequent owners of the NFT will be subject to the specific type of license chosen by the original owner who creates the NFT.


Basic License


Basic license allows subsequent NFT owners to make use of the underlying asset worldwide across all media platforms but for non-commercial purposes only, just like everyone else, while the creator of the NFT retains the economic right over the 3D file.


Shared-Exclusive Commercial License


Shared-exclusive commercial license allows subsequent NFT owners to make use of the underlying asset worldwide across all media platforms but for both non-commercial and commercial purposes except creating another NFT based on that same underlying asset, while the creator retains the right to commercial use but is prohibited create additional NFTs based on the same underlying asset on the same licensing conditions.


Exclusive Commercial License


Exclusive commercial license allows subsequent NFT owners to make use of the underlying asset worldwide across all media platforms but for both non-commercial and commercial purposes except creating another NFT based on that same underlying asset, while the creator relinquishes the commercial rights and is prohibited from creating another NFT based on the same underlying asset or its derivative works on any decentralised networks.


Read the full Holo-NFT license that is attached within each Holo-NFT here:


Holo-NFT-License
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