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On-Chain Image License Exchange — v2.1 · Viction

Image License
Issuance and Transfer.

License terms encoded in smart contract. Terms fixed at issuance.

Transfer is atomic. Rights pass on settlement. Prior rights terminate.

Resale royalty rate fixed per token. Collected at protocol layer per ERC-2981.

2

Licenses Issued

Cumulative · Mainnet

$6

Settlement Volume

All-time · USD est.

1+

Verified Creators

ID-verified · wallet-bound

7.0%

Median Royalty Rate

Weighted by token price

Each license token encodes specific usage rights. Copyright is not transferred. Governing law: Delaware commercial law.

Protocol Statistics

Cumulative · All-time · Viction

2

License Tokens Issued

$6

Settlement Volume (USD est.)

7.0%

Median Royalty Rate

1+

ID-Verified Creators

Licensing Infrastructure

System documentation →

Contract Execution

Each license is issued under a versioned legal agreement (v2.1) referenced by token URI. Terms are fixed at issuance and cannot be modified retroactively.

Royalty Enforcement

Resale royalty rate is embedded per token per ERC-2981. The rate is set at issuance and collected on every secondary transfer. Rate cannot be waived unilaterally.

License Transfer

Transfer of the token constitutes transfer of usage rights as defined in the license agreement. Settlement is single-transaction. Prior holder rights terminate upon block confirmation.

Audit Trail

All issuance, transfer, and royalty events are recorded on Ethereum mainnet and queryable via standard ERC-721 / ERC-2981 event logs. Records are operator-independent.

License Terms & Compliance