Skip to content

Commit

Permalink
update license overview
Browse files Browse the repository at this point in the history
  • Loading branch information
aidamiscom committed Jan 5, 2025
1 parent bbc2b37 commit 46c51cc
Showing 1 changed file with 1 addition and 1 deletion.
2 changes: 1 addition & 1 deletion docs/license/overview.md
Original file line number Diff line number Diff line change
Expand Up @@ -19,7 +19,7 @@ The Mainstream Token License (MTL) experimental protocol is a decentralized digi

1. **License Creation:** Creators use the MTL Generator to define the terms of their license, including usage rights, duration, revenue splits, and other parameters.
2. **License Encoding:** The license parameters are encoded into a unique MTL string, which is then associated with the digital asset.
3. **Token Requirement:** Users must hold a specified amount of $MAIN Tokens to access the licensed content.
3. **Token Requirement:** Users must hold a specified amount of $MAIN Tokens or otherwise specified in the parametric license to have rights of use of the licensed content.
4. **Verification:** The MTL experimental protocol verifies token ownership and license parameters to grant access to the digital asset.
5. **Payment and Revenue Sharing:** The experimental protocol facilitates payment for access and automatically distributes revenue to the specified wallets.

Expand Down

0 comments on commit 46c51cc

Please sign in to comment.