Tokenart physical NFT license (TA-PH)
This information is a readable summary for all but does not constitute the legal license.
Under the terms of the license:
PH: The PHysical work is linked to the NFT. The NFT represents the physical work. By buying the NFT you are buying the work and vice versa. By selling the NFT you are selling the work and vice versa.
It means that :
The NFT represents the property of the physical artwork depicted. No other intellectual property rights are represented by the NFT. This means that the NFT is tied to the physical creation and the seller agrees to deliver the physical part when purchasing the NFT.
Compatibility with OPENSOURCE licenses:
This license is fully compatible with the free creative common licenses.
What is a NFT ?
A non-fungible token (NFT as the abbreviation) is a specific type of crypto token that represents ownership of something unique.
Non-fungible tokens are not interchangeable or duplicable and are immutable. During any interaction or transaction, they remain individually identifiable and recognizable. The Tokenart service allows you to legally bind your physical work to an NFT.
Source : Swiss authentis.
How to authenticate my artwork with NFT ?
An NFT being unique and providing immutable proof, it makes it possible to identify and authenticate a work of art directly in the blockchain so as to leave a trace as solid and lasting as the blockchain is.
How to automate the royalties on a work of art?
When creating your NFT you will only have to choose the option allowing you to automate an annuity on all future sales of your work. Thus, if you choose a royalty of around 10%, this amount will be automatically paid to you for each of the transfers made via your NFT.
How to sell my artwork on plateforme ?
Once your physical work of art is linked to your NFT, you can put it on sale directly on platforms accepting NFTs and allowing direct online purchases.