COPYRIGHT
Ownership
You are the sole owner of the NFT. On the Ethereum blockchain, each PRO-FILE is an NFT. When you buy an NFT, you own the underlying PRO-FILE, the art, entirely. We cannot seize, freeze, or otherwise change the ownership of any PRO-FILE since ownership of the NFT is fully mediated by the Smart Contract and the Ethereum Network. The artist remains as the creator of the art, but all copyright and ownership transfer to the buyer of the NFT
Personal Use
The PRO-FILE creator provides you with a worldwide, royalty-free right to use, duplicate, and display the purchased art, as well as any additions you make.
Commercial Use
PRO-FILE Global Ltd. provides you with an unrestricted, global license to use, copy, and display the bought art in any capacity, and to develop any derivative works based on the art ("Commercial Use"), provided you continue to comply with these terms. The use of art to create and sell goods products (T-Shirts, etc.) displaying reproductions of the art is one example of such commercial use. Nothing in this section will be construed as restricting you from doing anything.
(i) Having or running a marketplace that allows the usage and sale of PRO-FILE photographs in general, as long as the marketplace cryptographically verifies each PRO-FILE owner's permission to show their PRO-FILE to ensure that only the genuine owner may exhibit the art.
(ii) owning or operating a third-party website or application that allows PRO-FILE to be included, involved, or participate in general, provided that the third-party website or application cryptographically verifies each PRO-FILE owner's rights to display the art for their PRO-FILE to ensure that only the actual owner can display the art, and provided that the third-party website or application is secure.
(iii) Examples of permitted commercial use may include but are not limited to, photographic prints, t-shirts, mouse mats, calendars, postcards, screensavers, etc. Any derivatives are owned 100% by the creator of that derivative, and the rights of distribution do not pass to the new owner should the PRO-FILE NFT be sold.
Previous Use
Some PRO-FILE images have been used by the artist up to the date of sale as an NFT. Transfer of ownership in no way inhibits the distribution channels the artist has in place, including, but not limited to, e-Books, educational videos, YouTube videos, articles, magazine and/or book publications. The artist agrees not to use the PRO-FILE photograph for any future publications, prints, or other commercial activities.
Restrictions of Use
The owner of the PRO-FILE NFT will not enter any competitions or awards using the photograph or claim they are the creator of the photograph.
Statute of limitation
Once the PRO-FILE NFT has been purchased, Pro-File Global Limited is absolved from any litigation, responsibility, or legal association with the photograph. The rights and copyrights of the PRO-FILE NFT pass to the buyer and no further rights are retained by the original artist, other than as the creator of the original version.
Pro-file Global Limited does not limit or restrict usage of the file in perpetuity.