ORB License Agreement
Ownership Recorded on Blockchain
The "ORB" acronym stands for "Ownership Recorded on Blockchain" and refers to a system that includes Assets, tokens, and governance rules related to the management of fungible, semi-fungible, non-fungible, fractionalized, and wrapped tokens. In essence, ORB is similar to the more commonly known NFT, or non-fungible token, but encompasses a broader range of Assets and tokens that are managed on a blockchain.
"Asset" means the specific art, design, sound, character design, backstory, game design elements, game rules, personality traits, or other creative elements that are expressly associated with the particular ORB that the Licensee owns. The Asset includes, but is not limited to, any visual, audio, or textual content, as well as any associated metadata, descriptions, or other digital materials directly related to the ORB. The Asset does not include any unrelated or unassociated elements or creative works that are not explicitly linked to the owned ORB.
"Own" means, with respect to an ORB, an ORB that you have purchased or otherwise rightfully acquired from a legitimate source, where proof of such purchase is recorded on the relevant open ledger such as a blockchain.
ORB License Agreements
This ORB License Agreement ("Agreement") is entered into by and between EverdreamSoft ("Licensor"), and the ORB owner ("Licensee"). Orb License Agreement - v1.0 - Last updated on April 1st, 2023 .