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GITBOOK-561: Added Data NFTs and Datatokens image

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Ana Loznianu 2023-06-19 15:45:07 +00:00 committed by gitbook-bot
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developers/contracts/datanft-and-datatoken.md
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# Data NFTs and Datatokens # Data NFTs and Datatokens
<figure><img src="../../.gitbook/assets/DataNFT&#x26;Datatokens.png" alt=""><figcaption><p>Data NFTs and Datatokens</p></figcaption></figure>
In summary: A [**data NFT**](data-nfts.md) serves as a **representation of the copyright** or exclusive license for a data asset on the blockchain, known as the "[**base IP**](../../discover/glossary.md#base-ip)". **Datatokens**, on the other hand, function as a crucial mechanism for **decentralized access** to data assets. In summary: A [**data NFT**](data-nfts.md) serves as a **representation of the copyright** or exclusive license for a data asset on the blockchain, known as the "[**base IP**](../../discover/glossary.md#base-ip)". **Datatokens**, on the other hand, function as a crucial mechanism for **decentralized access** to data assets.
For a specific data NFT, multiple ERC20 datatoken contracts can exist. Here's the main concept: Owning 1.0 datatokens grants you the ability to **consume** the corresponding dataset. Essentially, it acts as a **sub-license** from the [base IP](../../discover/glossary.md#base-ip), allowing you to utilize the dataset according to the specified license terms (when provided by the publisher). License terms can be established with a "good default" or by the Data NFT owner. For a specific data NFT, multiple ERC20 datatoken contracts can exist. Here's the main concept: Owning 1.0 datatokens grants you the ability to **consume** the corresponding dataset. Essentially, it acts as a **sub-license** from the [base IP](../../discover/glossary.md#base-ip), allowing you to utilize the dataset according to the specified license terms (when provided by the publisher). License terms can be established with a "good default" or by the Data NFT owner.