Token-Bound
License
Token-Bound
License
Last updated: December 1, 2023
Token-Bound
License
Last updated: December 1, 2023
Preamble
The Alias Token-bound License is a copyright license designed for the licensing of all content produced through an Alias-trained model (the Licensed Material). It is a conditional public license that applies to the world at large, although the provisions of the licenses are conditional to the ownership of a specific type of Non-Fungible Tokens (NFT) linked to the Licensed Material and associated with specific usage rights.
The main condition for enjoyment of these two conditional clauses is the ownership of the corresponding NFTs associated with each one of these usage rights. This means that, even though this is a public license, only the current holders of these NFTs can benefit from the corresponding licensing terms. In other words: the license follows the tokens, i.e. one needs to acquire an NFT to benefit from the licensing provisions, and as soon as the NFT is transferred, the usage rights will automatically be transferred to the new NFT holder.
For the purposes of this license, different NFTs are associated with different usage rights, namely:
DERIVATIVES USES:
COMMERCIAL USES:
License Text
The Alias Token-bound License (the "License") is a conditional public license that stipulates the conditions under which one can exploit some of the intellectual property rights associated with the content generated from an Alias-trained model (the Licensed Material), as set forth below.
Subject to the conditions set forth in this License, the Licensor hereby grants to You a worldwide, royalty-free, non-exclusive license to exercise the following rights(the "Licensed Rights") with respect to the copyrighted material generated from an Alias-trained model (the "Licensed Material"), provided that You are the current NFT Holder of the License NFT associated with these rights.
All rights granted under this License shall last for the full duration of the copyright in the Licensor’s Licensed Material. The rights granted herein are irrevocable and shall persist without prejudice, revocation, or diminution for the entire duration of the copyright term, as defined by applicable laws, regulations, and international conventions.
Given the unilateral nature of this License, its effectiveness is not contingent upon the explicit agreement or assent of the beneficiaries. Yet, the terms and conditions of the License only become effective upon fulfillment of the following condition: You, the licensee, must be the designated NFT Holder of the License NFT associated with the rights granted herein. In practical terms, this implies that the License comes into force when the NFT Holder possesses the specific License NFT that has been linked to the various terms of this License. Consequently, as long as You hold the designated NFT associated with this License, the rights granted herein are in effect. Upon the transfer of the NFT associated with the License, the rights granted under this License shall automatically transfer to the new NFT Holder. This ensures that the License remains dynamically linked to the specific NFT, facilitating a smooth transfer of the licensed rights in tandem with the transfer of ownership of the associated NFT.
For the purpose of determining the current NFT Holder, the underlying blockchain ledger is the authoritative source. For the purposes of this License, the NFT Holder is entitled to benefit from the Licensed Rights even if not the legal owner of the NFT (e.g., due to theft or mistaken transfer).
By adopting this License, the Licensor intends to enhance the clarity and predictability of intellectual-property licensing via digital transactions. In cases of doubt or ambiguity, the terms of this license should be interpreted and applied to promote the goals of (1) making the information in the Alias platform accurately reflect the licensing relationships it describes, and vice versa, (2) providing clear, simple, and unambiguous mechanisms for parties to express their licensing intentions, (3) protecting parties from duress, fraud, forgery, and mistake, and (4) achieving uniformity and consistency in the application of this License to different transactions, at different times, and in different jurisdictions.
To the extent possible, if any provision of this License is deemed unenforceable, it shall be automatically reformed to the minimum extent necessary to make it enforceable. If the provision cannot be reformed, it shall be severed from this License without affecting the enforceability of the remaining terms.
Unless otherwise separately undertaken by the Licensor, to the extent possible, the Licensor offers the Licensed Material as-is and as-available, and makes no representations or warranties of any kind concerning the Licensed Material, whether express, implied, statutory, or other. This includes, without limitation, warranties of title, merchantability, fitness for a particular purpose, non-infringement, absence of latent or other defects, accuracy, or the presence or absence of errors, whether or not known or discoverable. Where disclaimers of warranties are not allowed in full or in part, this disclaimer may not apply to You.
To the extent possible, unless otherwise separately undertaken by the Licensor, in no event will the Licensor be liable to You on any legal theory (including, without limitation, negligence) or otherwise for any direct, special, indirect, incidental, consequential, punitive, exemplary, or other losses, costs, expenses, or damages arising out of this License or use of the Licensed Material, even if the Licensor has been advised of the possibility of such losses, costs, expenses, or damages. Where a limitation of liability is not allowed in full or in part, this limitation may not apply to You.
The disclaimer of warranties and limitation of liability provided above shall be interpreted in a manner that, to the extent possible, most closely approximates an absolute disclaimer and waiver of all liability.