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NFT Intellectual Property License Agreement
This is A Single-Use Contract Unless Purchased with a Subscription
Last Revision
- A month ago
Formats
- Word & PDF
Sign with
- Dropbox eSign
The NFT Intellectual Property (IP) License Agreement is a legal agreement that governs the usage and rights related to the intellectual property associated with a non-fungible token (NFT). This license outlines the permissions granted by the intellectual property owner to the licensee for the use, display, distribution, and potentially commercial exploitation of the NFT and its associated content.
When an artist or creator mints an NFT, they retain the underlying intellectual property rights to the content they have created, unless they explicitly transfer those rights to someone else. This means that the artist generally holds the copyright to the artwork, music, or any other creative work represented by the NFT. Make sure you protect yourself by using the right type of contract.
This NFT contract template covers the essential elements of the relationship such as:
- Length of Term
- Compensation
- Ownership Rights
- Representations and Warranties
- And More.
What is it?
The NFT Intellectual Property License Agreement covers the essential contract terms between an NFT Owner and a Licensee:
- Length of Term of the Engagement
- License of rights to the Intellectual Property
- Compensation
- Rights and Responsibilities of the Parties
- Copyright Ownership
- Alternative Dispute Resolution Issues, including Venue & Choice of Law
How does it work?
Use this document to explain the relationship between the NFT Owner and the Licensee.
Some things needed to build your custom creator contract:
- Names of the Parties
- Addresses of the Parties
- Emails of the Parties
- Dates of Immersion Days and/or Appearance Days
- Compensation for the Owner
- State for Venue and Choice Provisions
Once you have completed drafting the Intellectual Property License Agreement, you will be able to save to edit further, download a PDF or send to the other party for electronic signature.
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