# IP Rights

Ownership Once you purchase one of our NFT’s, you completely own the NFT and its rights. Ownership of the NFT is determined by the smart contract and is visible to all on the Cronos network. Selling the NFT however, forfeits your claim to the IP rights.&#x20;

Personal use to keep our brand consistent, it is important that you comply with the following rules. You will have a worldwide, royalty-free license to use, copy, and display the purchased NFT.&#x20;

However, you may not alter the original design in any way to ensure our brand is not diluted. Commercial use of the NFT’s you own is also permitted as long as there is no conflict of interest Lost Toys.&#x20;

For clarification on any of these points please contact a member of our team using the following email <hello@losttoys.io>.
