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In this tutorial, the speaker discusses important considerations for licensing artwork and reviewing contracts. They share their experience working with Control Prepaid Mastercard, which licensed their artwork for an artist series card. Key points include understanding the contract's terms, such as payment methods—either royalties or a flat fee. When dealing with royalties, it’s crucial to clarify whether the percentage is based on revenue or gross profit and to know the production quantity of licensed items. Overall, the tutorial emphasizes the need for careful assessment of contract details to ensure fair compensation and protection of the artist's rights.