The license can only be used by the entity that's listed on the subscription. You can't share your license with a friend or colleague because 1 license = 1 seat.
If you subscribe under your name, then only projects that you've created will be covered. Artlist's license will cover the individual or business that's named on the subscription.
If you're a part of a team and you are all working under the same license, our new Team plan could be exactly what you need.