i. You Own the NFT. Each First Arab is an NFT on the Ethereum blockchain. When you purchase an NFT, you own the underlying First Arab, the Art, completely. Ownership of the NFT is mediated entirely by the Smart Contract and the Ethereum Network: at no point may we seize, freeze, or otherwise modify the ownership of any First Arab.
ii. Personal Use. Subject to your continued compliance with these Terms, Desert Labs grants you a worldwide, royalty-free license to use, copy, and display the purchased Art, along with any extensions that you choose to create or use, solely forthe following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your First Arabs / NFT, provided that the marketplace cryptographically verifies each First Arabs owner’s rights to display the Art for their First Arab to ensure that only the actual owner can display the Art; or (iii) as part of a third party website or application that permits the inclusion, involvement, or participation of your First Arab, provided that the website/application cryptographically verifies each First Arab owner’s rights to display the Art for their First Arab to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the First Arab leaves the website/application.
iii. Commercial Use. Subject to your continued compliance with these Terms, Desert Labs grants you an unlimited, worldwide license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of such Commercial Use would e.g. be the use of the Art to produce and sell merchandise products (T-Shirts etc.) displaying copies of the Art. For the sake of clarity, nothing in this Section will be deemed to restrict you from (i) owning or operating a marketplace that permits the use and sale of The First Arabs generally, provided that the marketplace cryptographically verifies each First Arab owner’s rights to display the Art for their First Arab to ensure that only the actual owner can display the Art; (ii) owning or operating a third party website or application that permits the inclusion, involvement, or participation of The First Arabs generally, provided that the third party website or application cryptographically verifies each First Arab owner’s rights to display the Art for their First Arab to ensure that only the actual owner can display the Art, and provided that the Art is no longer visible once the owner of the Purchased First Arab leaves the website/application; or (iii) earning revenue from any of the foregoing.