Finding NFT Rights Information

Terms in Marketplace Platforms

When purchasing an NFT, you can typically find information about the rights associated with it in the terms and conditions provided by the marketplace platform where you acquire the NFT. Different marketplace platforms may have varying terms, but here are some common types of marketplace platforms:

1. Open Third-Party Marketplace

Examples include platforms like OpenSea and Rarible. These are non-custodial platforms, meaning they don’t hold your assets, and they usually do not verify the work uploaded by creators.

2. Curated Third-Party Marketplace

Examples include SuperRare, Foundation, KnownOrigin, Nifty Gateway, and MakersPlace. These platforms are also non-custodial but typically verify the work uploaded and the creators behind them.

3. Proprietary Third-Party Marketplace

Platforms like TopShot usually offer NFTs created by the marketplace operator and may not facilitate the sale or display of other NFTs.

License Information

Most current NFT marketplaces grant a nonexclusive and nontransferable license to use, copy, and display the creative works underlying the NFT for personal use. The specific terms and conditions regarding these rights can be found in the marketplace’s terms of service or user agreement.

It’s crucial to review these terms and conditions carefully before making an NFT purchase to understand the rights you acquire and any restrictions associated with the NFT. The rights may vary from platform to platform, so it’s essential to be aware of what you’re getting when acquiring an NFT.