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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:
Creating a contract ensures that the parties making the agreement will have all the proper terms and conditions laid out in advance of the engagement.
All our templates have been built by legal professionals to ensure that the contract aligns with applicable laws and regulations and protects the rights and interests of both parties involved.
Other Names for this Document:
NFT IP License Agreement, NFT Intellectual Property Contract, Licensing Agreements for Sale or License of Non-Fungible Tokens (NFT), NFT Licensing Agreements, Nft Intellectual Property, NFT Agreement Template, NFT Contract.
Approximate time to complete contract: 6-7 Minutes
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The NFT Intellectual Property License Agreement covers the essential contract terms between an NFT Owner and a Licensee:
Use this document to explain the relationship between the NFT Owner and the Licensee.
Some things needed to build your custom creator contract:
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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Yes, you can trust these agreements. Many of these agreements have been used in the past by attorneys in the entertainment business. We have then had them researched and drafted for use for general circumstances in a specific area of the arts and entertainment business.
No, we do not provide legal advice. We are not a lawyer nor a law firm and cannot give legal advice. If you feel your matter requires more attention, you may want to consider seeking the advice of an attorney.
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