The second a Phantz is placed in your wallet, it becomes yours, and into Phantazy Land you go.
Part 1
YOU OWN THE NFT. Each Phantz is an NFT on the Elastos Smart Contract blockchain. When purchasing this NFT, you own the Phantz and Art entirely. Determining ownership of the NFT is executed by the underlying Smart Contract and the Elastos Network. Your NFT can never be seized, frozen, or otherwise modified to endanger ownership of any Phantz. The only thing endangered with this species is there will only ever be 2822 available.
Part 2
PERSONAL USE. Simply comply with these terms and the creator grants you a worldwide, royalty-free license to use, copy, and display your purchased Art, along with any variations that you choose to create or use, solely for the following purposes: (i) for your own personal, non-commercial use; (ii) as part of a marketplace that permits the purchase and sale of your Phantz / NFT, provided that the marketplace cryptographically verifies each Phantz owner’s rights to display the Art for their Phantz 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 Phantz, provided that the website/application cryptographically verifies each Phantz owner’s rights to display the Art for their Phantz 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 Phantz leaves the website/application.
Part 3
COMMERCIAL USE. Simply comply with these terms and the creator grants you a worldwide, unlimited license to use, copy, and display the purchased Art for the purpose of creating derivative works based upon the Art (“Commercial Use”). Examples of similar Commercial Use would be the use of the Art to produce and sell merchandise products (Clothing, 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 Phantz generally, provided that the marketplace cryptographically verifies each Phantz owner’s rights to display the Art for their Phantz 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 Phantz generally, provided that the third party website or application cryptographically verifies each Phantz owner’s rights to display the Art for their Phantz 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 Phantz leaves the website/application; or (iii) earning revenue from any of the foregoing.