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In this tutorial, the speaker shares insights on licensing artwork and key contract considerations. They mention a project involving their artwork on a prepaid MasterCard, emphasizing the importance of understanding contract terms when collaborating with companies. Key points to consider include payment structure—whether through royalties or a flat fee—and the specifics of royalties, such as whether they are based on revenue or profit. The speaker advises attention to details, like the number of items to be produced and definitions of payment percentages. This helps ensure clarity and fairness in the licensing agreement.
