# Legal nature of Spaces

Spaces are intellectual property created, circulating and protected on the basis of and in accordance with the European Union laws.

\*\*As a commodity, a Space is a Digital Asset. \*\*

A Space owner has the right to resell it, lease it out, give it as a gift, transfer it as inheritance, use it as collateral, deposit it in a company’s charter capital.

**Space ownership is permanent.**

One person can own an unlimited number of Spaces. Both physical and juridical persons can purchase Spaces.


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