Tartaria Jewelry: NFT IP Commercial License & Sales Profit Sharing Program

Applicable to: NFT holders (BAYC / MAYC / BAKC / CryptoPunks / etc.) 

This program is limited to NFT projects whose holders possess the legal authority to grant a sublicense to Tartaria Jewelry for commercial production and sale of derivative works. Participation is completely free, no set fees, no gas fees, no hiddencost.

 

I. Program Overview

 

Metaverse-native art is one of the most remarkable innovations of blockchain technology. It has given birth to countless valuable digital artworks and, more importantly, to passionate communities of believers, collectors, and dreamers who stand behind them.

Together, these communities have the power to write extraordinary new stories — extending the boundaries of blockchain art into the physical world, introducing more people to the true value of each NFT and its community, and sharing the rewards of this journey with those who made it possible.

Tartaria Jewelry is dedicated to crafting high-quality, precious metal fine jewelry. We excel at transforming unique ideas into reality and have helped thousands of individuals bring their personalized dreams to life.

Now, we seek to bring this experience and vision into the world of metaverse art — combining the one-of-a-kind elements and unique traits of each NFT with distinctive fine jewelry, bringing the artistic IP of every NFT into the physical world for a wider audience, and enabling every NFT holder to share in the commercial success and co-create the profits of this endeavor — Bringing iconic avatars to a global audience, shaping it into the next worldwide fashion trend.

 

 

Through this program, you will receive:

 

· Perpetual Passive Income: As long as you hold the NFT, you will receive 10% of net sales revenue from every piece of jewelry sold that corresponds to your NFT — permanently.

· Zero Barrier to Entry: Whether or not you actively promote, you will receive your share of profits from every sale.

· Profit Rights That Follow the NFT: Profit rights permanently attach to NFT ownership, with a clear "time of holding" cut-off rule.

 

 

II. Program Process

2.1 Application Submit and Sign License

2.1.1 For BAYC / MAYC / BAKC / CryptoPunks Holders:

If you hold NFTs from Bored Ape Yacht Club (BAYC), Mutant Ape Yacht Club (MAYC), Bored Ape Kennel Club (BAKC), or CryptoPunks, you may proceed directly to review and sign the EthSign license agreement bellow:

           🔗 EthSign Agreement 

Note: There are no setup fees, no gas fees, and no hidden costs. EthSign is a leading Web3-native contract signing platform that makes digital agreements legally binding and verifiable on-chain.

 

2.1.2 For Holders of Other NFT Projects

If you hold NFTs from projects other than BAYC, MAYC, BAKC, or CryptoPunks, please follow the steps below:

Complete the IP License Intention Sign-up Form below.

After submitting the form, Tartaria will review your application and contact you within 5 business days via email with further instructions.

     🔗 IP License Intention Sign-up Form

 

2.2  Jewelry development — Executed by Tartaria: Designs and develops jewelry based on NFT avatars.

2.3  Set up Affiliate Marketing Account — Executed by Tartaria: Tartaria provides each holder with an onlinestore affiliate marketing platform account, information sent via email.

2.4  Mint Token — Executed by Tartaria: Deploy an ERC-1155 contract on OpenSea (Base Chain) and mint a corresponding NFT Token for your NFT (e.g., Tartaria x BAYC #100). This Token serves as the "redemption credential" for consumers to purchase the corresponding jewelry. Once deployed, this Token will not change due to any transfer of the original NFT.

2.5 List Product — Executed by Tartaria: Create an independent product page on the Tartaria Metaverse IP Jewelry Marketplace (🔗 Marketplace link) for the jewelry corresponding to your NFT.

2.6 Sales & Marketing — Executed by Tartaria Promote and sell the jewelry to the mass market. Consumers must first purchase the corresponding NFT Token, then redeem the physical jewelry on the official website using that Token.

2.7 Automatic Royalties — Executed by Tartaria: Regardless of whether the current NFT holder actively promotes, Tartaria will record every actual sale and pay 10% of net sales revenue to the current holder of the NFT on a monthly basis.

 

 

III. License Terms

 

3.1 Scope of License

 

You grant Tartaria Jewelry a worldwide, non-exclusive, sublicensable, commercial-use license, allowing Tartaria to:

 

· Use your NFT's avatar image (including its traits, clothing, background, etc.) to design and produce physical jewelry.

· Display and promote the jewelry on OpenSea, the Tartaria website, social media, and other channels.

· Sell the jewelry to consumers worldwide.

 

3.2 License Term and Transfer of Profit Rights (Core Terms)

 

· Initial License: This license becomes effective upon your signing of this agreement.

· Profit Rights Follow the NFT: The 10% sales profit right permanently attaches to the ownership of the NFT.

  · When you hold the NFT, the profit share belongs to you.

  · When you transfer the NFT to a third party, your profit rights automatically terminate and automatically transfer to the new holder.

  · You do not need to notify Tartaria; Tartaria will automatically identify the current holder through on-chain data.

· OpenSea Token Unaffected: The NFT Token deployed by Tartaria on OpenSea (e.g., Tartaria x BAYC #100) will not change due to any transfer of the original NFT and will continue to exist and be sold to the market.

 

3.3 Termination of License

 

· NFT Transfer: License automatically transfers to the new holder; original holder's rights terminate.

· Tartaria Discontinues the Project: If Tartaria decides to permanently stop production and sales of the jewelry, it will notify the current holder 30 days in advance via email.

 

 

IV. Sales and Redemption Mechanism

 

4.1 NFT Token Issuance and Pricing Mechanism

 

· Tartaria will deploy an ERC-1155 contract on the Base Chain and create an independent Token ID for your NFT.

· The Token will be named: Tartaria x [Your Project Name] #[Number] (e.g., Tartaria x BAYC #100).

· Important Note: Once deployed, this Token will not be altered due to any transfer of the original NFT (e.g., BAYC #100). The Token's issuance, supply, metadata, etc., are independently managed by Tartaria.

 

 

4.2 Initial Supply and Batch Listing

 

 

4.3 Dynamic Pricing

  

The listing price for each subsequent batch shall be determined based on the sales velocity of the prior batch, provided that in no event shall the price increase exceed 10% (ten percent) above the prevailing floor price of the prior batch.

 

Tartaria Jewelry shall determine the applicable price increase in its sole discretion, with faster sell-through rates justifying higher increases within the 10% cap.

 

"Prevailing floor price" means the lowest listed price (in USD equivalent) of any Token from the same batch available for sale on OpenSea (or any successor marketplace) at the time of calculation. 

 

4.4 Right to Increase Total Supply

 

Tartaria Jewelry may increase the total supply of NFT Tokens beyond the initial 10,000 upon 30 days' written notice to the then-current NFT holder. Any such increase shall not reduce the holder's 10% royalty on each physical jewelry sale.

 

4.5 Consumer Redemption Process

 

1. A consumer purchases the e.g., Tartaria x BAYC #100 NFT Token on Tartaria Jewelry's OpenSea official page.

2. The consumer visits the Tartaria Metaverse IP Jewelry Marketplace(🔗 Marketplace site) and connects their wallet to verify ownership of the Token.

3. Upon successful verification, the consumer can place an order to purchase the physical jewelry on the corresponding product page (price set by Tartaria).

4. Important Note: Purchasing the Token and purchasing the jewelry are two separate transactions. The Token only represents the redemption eligibility, not the jewelry itself. The Token will not be burned and can be reused by the holder for multiple purchases.

 

4.6 Product Pricing

 

· The final retail price of the jewelry is independently determined by Tartaria based on materials, craftsmanship, market conditions, and other factors.

· The 10% profit share for you (or the current NFT holder) is calculated based on the actual transaction amount of the jewelry (excluding refunds) .

 

 

V. Affiliate Marketing & Profit Sharing (Core Terms)

 

5.1 Ownership of Profit Rights: Attached to NFT Ownership with "Time of Holding" Cut-Off

 

This is the most core provision of this agreement:

 

The 10% sales profit right permanently attaches to the ownership of the NFT. The attribution of profit share is determined by the precise "time of holding" cut-off rule and is unrelated to the production or shipping status of the jewelry.

 

5.1.1 Cut-Off Rule

 

               

5.1.2 Definition of "Time of Sale"

 

"Time of Sale" = the moment the consumer completes the order and makes payment on the Tartaria official website (based on the timestamp recorded in the order system, Pacific time).

 

Important Notes:

 

· Profit attribution is unrelated to the production status, shipping status, or logistics status of the jewelry.

· Even if a particular sale corresponds to jewelry that is still in production, not yet shipped, or still in transit, as long as the "order completion and payment time" occurred while you held the NFT, the profit share for that sale belongs to you.

 

5.2 Affiliate Marketing System (For Sales Tracking)

 

Tartaria provides each holder with an onlinestore affiliate marketing platform account. Please note:

 

· Profit share is unrelated to affiliate links: Even if you do not use affiliate links, as long as you hold the NFT, you will still receive the 10% profit share.

· Additional benefit of affiliate links: If you use your exclusive link to promote, you can track which sales were directly generated by you, but this does not affect your profit percentage.

 

5.3 Profit Share Percentage & Calculation

 

· Profit Share Percentage: 10% (permanent, regardless of how many times the NFT changes hands)

· Calculation Basis: Based on the actual transaction amount recorded in onlinestore orders (after deducting refunds) .

· Trigger for Profit Share: When the consumer completes the order and makes payment — regardless of the jewelry's production or shipping status.

 

5.4 Settlement Cycle, Minimum Payout Threshold & Payment Method

 

· Settlement Cycle: Monthly settlement.

· Settlement Date: Payment for the previous month's profit share will be completed by the 15th of the following month.

· Minimum Payout Threshold: If the accumulated profit share for a single month is less than $50, it will automatically roll over to the next month for combined payment.

· Payment Method: Bank Transfer.

· Payment Account: The current NFT holder must provide accurate bank account information through the affiliate marketing backend or in writing.

· Account Change: If the NFT is transferred, the new holder must re-provide their bank account information.

 

5.5 Profit Share Examples

 

 

VI. Intellectual Property & Brand Usage Guidelines

 

6.1 Your Representations and Warranties

 

· You warrant that you are the lawful holder of the licensed NFT and have the right to grant the rights set forth in this agreement.

· You shall not license the same NFT image to any third-party jewelry brand that is in direct competition with Tartaria.

 

6.2 Tartaria's Representations and Warranties

 

· Tartaria will not use your NFT image for any illegal or immoral content, including pornography, violence, politics, or discrimination.

· Tartaria will not apply for trademark registration related to your NFT number or project name.

 

6.3 Brand Identifier Usage

 

· You may use descriptions such as "Collaborating Designer with Tartaria Jewelry" on your personal social media bios, but you may not use Tartaria's Logo as your personal account avatar.

· Tartaria will clearly state "Inspired by [Your NFT Number] Holder" in its promotions.

 

 

VII. Termination and NFT Transfer

 

7.1 NFT Transfer (Most Common Scenario)

 

· License Relationship: The original holder's license automatically terminates; the new holder automatically inherits all rights and obligations under this agreement.

· Profit Rights: Automatically transfer to the new holder, with the "time of transfer" as the cut-off (see Section 5.1.1).

· Tartaria's Obligation: Tartaria does not need to sign a new agreement; it will pay profit shares based on on-chain data to the new holder.

· New Holder's Obligation: The new holder must provide bank account information to Tartaria within 30 days of acquiring the NFT; otherwise, profit shares will be held in escrow until such information is provided (subject to the minimum payout threshold rule).

 

7.2 Tartaria Discontinues the Project

 

If Tartaria decides to permanently stop production and sales of the jewelry, it will notify the current holder 30 days in advance. Sales generated during the notice period will still be subject to profit sharing under this agreement.

 

7.3 Termination for Breach

 

If Tartaria fails to pay profit shares on time for more than 30 days (and the cumulative amount payable has exceeded the minimum payout threshold of $50), the current holder has the right to unilaterally terminate this agreement and demand that Tartaria cease using their NFT image.

 

 

VIII. Frequently Asked Questions (FAQ)

 

Q1: Do I need to pay any fees to participate?

A: No. Tartaria bears all costs of design, production, marketing, platform, and logistics.

 

Q2: If I sell my NFT, will I still receive profit shares from sales that occurred before the transfer?

A: Yes. Profit sharing is based on the time of the consumer's order. For orders placed before the transfer, even if the jewelry has not yet been shipped, the profit share still belongs to you. For new sales generated after the transfer, the profit share belongs to the new holder.

 

Q3: What happens if my profit share for a month is less than $50?

A: It will automatically roll over to the next month and be combined with that month's profit share. Payment will only be made on the 15th of the following month once the accumulated amount reaches $50 or more.

 

Q4: If I don't share any links, will I still receive my profit share?

A: Yes. As long as you hold the NFT, you will automatically receive a 10% profit share from every actual sale, regardless of whether you promote.

 

Q5: If a consumer buys the Token but not the jewelry, do I get a profit share?

A: No. Profit sharing is based solely on actual physical jewelry sales. Token sales are independent transactions and are not related to your profit share.

 

Q6: I purchased an NFT that is already participating in this program. Do I need to sign a new agreement?

A: No. Profit rights automatically attach to the NFT. You only need to provide your bank account information to Tartaria to start receiving profit shares.

 

Q7: If the jewelry hasn't shipped yet, will my profit share be withheld?

A: No. Profit sharing is based on the time of the consumer's order, regardless of the production or shipping status of the jewelry. Once the consumer completes payment, that sale is immediately credited toward your profit share.

 

Q8: Why is bank transfer the only accepted payment method?

A: For financial compliance and tax processing, Tartaria uniformly uses bank transfers to pay profit shares.

 

 

Post-NFT Transfer Instructions (For New Holders)

 

When you purchase an NFT that is already participating in this program (e.g., BAYC #100 on OpenSea), you automatically receive the following rights and obligations:

 

Your Automatically Granted Rights:

 

· ✅ 10% perpetual profit share on all new sales generated after the completion of the transfer for the corresponding jewelry

· ✅ Access to view sales data on the Tartaria affiliate marketing backend (requires contacting Tartaria to activate)

 

Your Obligations:

 

1. Provide Bank Account Information: Within 30 days of acquiring the NFT, provide your bank account information to Tartaria via email tartaria.onlinestore@gmail.com with the subject line [NFT License Account Change] BAYC #[Number]

   

2. Failure to Provide Account Information: If you fail to provide your account information within 30 days, your profit shares will be held in Tartaria's accounts payable account until you provide the information, at which point they will be paid out (subject to the minimum payout threshold rule, with no interest accrued).