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hi, i work with licensing contracts on a daily basis. i *DO NOT* have a legal background in Intellectual Property, but my boss does and after working with her for 3yrs here's my two cents:
1) things that are normal in this clause imo:
having the rights to use artists' images for use on social media, in press, exhibitions, on printed materials (magazines, exhibition flyers, etc)--anything that promotes Rodeo and consequently the artist's work (whom, the clause should mention but does not, is ALWAYS credited at a bare minimum. I'm sure Rodeo would credit the artists, though under this clause they are not legally obliged to).
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Hi Benna, thank you (and your boss) very much for your input.
Agreed on the standard "normal" things. Platform needs to operate in a way they imagined it to operate. And very much agreed on the Pt 2 (transferrable right should be specified, though I do think this is more related to the nature of NFTs being sold (which can be resold later on by "users")).
What I personally have the biggest "problem" is Terms of Usage part 4.B.b.(i) which is a bit too wide for my taste. "display or perform such Original Content on the Rodeo Platform, a third party platform, social media posts, blogs, editorials, advertising, market reports, virtual galleries, museums, virtual environments, editorials, or to the public"... This IMO goes a bit beyond of pure distribution and promoting the platform or the works. 1 reply
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