# Introduction

## The first NFT marketplace for lifetime subscription deals.

HeirloomDAO is the first NFT marketplace that sells lifetime deals on software, online content, and video games as NFTs. We distribute NFT licenses that allow you to access your favorite software products just by holding the NFT in your web3 wallet.&#x20;

At any point in time, you are free to sell your NFT licenses on our secondary marketplace for somebody else to buy. Licenses are never tied to your name or email address, they are connected exclusively to the NFT.

## How does it work?.

HeirloomDAO mints and distribute lifetime subscription deals on all types of subscription services as non-fungible tokens (NFT). Basically, these types of licenses work as a subscription that you pay one time and never expire or become inactive.&#x20;

We utilize the technology behind ERC-1155 token standard and smart contracts to associate a lifetime subscription deal to the NFT creating a unique tokenized license.  Users holding the NFT on their wallets are able to connect to the underlying subscription platform utilizing the HeirloomDAO Single Sign-On solution.&#x20;

## How can I buy NFT licenses?.

Users will be able to buy lifetime licenses directly from software providers or from other users in the secondary marketplace.&#x20;

Simply choose the licenses you are interested in acquiring and follow the checkout process. Then perform the transaction with your web3 wallet and wait for it to be confirmed. After doing this, you should see your NFT on your user dashboard.

## How can I resell my license?.

Simply access your profile and enter your dashboard. You should be able to see the NFT licenses that you own. Click on any license that you wish to resell and follow the instructions. Determine a price for the NFT and sign the transaction utilizing your Web3 wallet.&#x20;

## How does HeirloomDAO make money?.

The platform takes a 20% fee from the total sale amount on the initial sale and a secondary 10% fee from secondary sales.


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