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.

 

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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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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