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merchantcoppola committed Aug 7, 2024
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Expand Up @@ -81,32 +81,28 @@ This is particularly useful for artists who:
- Want to maintain some control over how their work is reproduced or displayed
- Need to establish clear terms for collaborations or derivative projects

#### How the custom license Works

1. Minting Page: Select "Custom License" from the "License" dropdown menu when minting an NFT. This will reveal a new section titled Custom License Generation Form.
2. Form Fields: The form includes checkboxes for common rights, such as:

#### How to use the custom licensing on Teia

1. **Minting Page:** Select "Custom License" from the "License" dropdown menu when minting an NFT. This will reveal a new section titled Custom License Generation Form.

2. **Form Fields:** The form includes checkboxes for common rights, such as:
- Right to Reproduce
- Right to Broadcast
- Right to Public Display
- Right to Create Derivative Works
- Release to Public Domain


4. Exclusive Rights: You can also define exclusive rights based on ownership share, allowing for options like:


4. **Exclusive Rights:** You can also define exclusive rights based on ownership share, allowing for options like:
- Majority Share (50%+)
- Super-Majority Share (66.667%+)

6. Addendum/Notes: An "Addendum/Notes" field allows for adding specific clauses, restrictions, and scopes to tailor the agreement further.
6. **Addendum/Notes:** An "Addendum/Notes" field allows for adding specific clauses, restrictions, and scopes to tailor the agreement further.

7. Agreement Generation: Once you have selected the desired options, a Custom License Agreement will be generated. This agreement is displayed on the minting page for your review.
7. **Agreement Generation:** Once you have selected the desired options, a Custom License Agreement will be generated. This agreement is displayed on the minting page for your review.

8. Minting with Custom License: When you mint the NFT, the Custom License Agreement is permanently associated with its metadata and viewable on the NFT's detail page.

Important Notes:
8. **Minting with Custom License:** When you mint the NFT, the Custom License Agreement is permanently associated with its metadata and viewable on the NFT's detail page.

**Important Notes:**
- This agreement is a direct, private agreement between the artist and collector(s). Teia and Tezos are not involved in the deal itself.
- The agreement is recorded on-chain as documentation but is not directly enforced by the Teia platform.
- This feature is not retroactive; it only applies to new mints.
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