article thumbnail

NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

Copyright Licensing of Digital Assets Attached to NFT Sales. Bonus: Free Open Source Copyright License for NFT sales below]. What are the terms by which you are selling the NFT and licensing your work, the art you put into the platform that’s going to be attached to the NFT? NFT Copyright Licensing.

article thumbnail

M&A Checklist — How to Prepare Your IP for the Legal Due Diligence Process

LexBlog IP

But any company preparing to sell within the next five years should consider the more common IP issues that arise during the legal due diligence process. IP Ownership Nearly all purchase agreements require the seller to warrant that it owns or licenses the intellectual property necessary for operation of the business.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

IP Licensing for Business Companies & Organizations – How to Do it Right?

Kashishipr

Any form of Intellectual Property (IP) , be it a trademark, patent, or copyright, can be licensed to third parties. Through IP licensing, IP rights holders grant third parties the exclusive right to use their IP while retaining their ownership. Understanding the IP License. Creating the IP Licensing Agreement.

article thumbnail

Licensing vs. Franchising: Are You Accidentally Creating a Franchise?

IP Intelligence

A trademark license may seem straightforward. Since a license is like any other contract, the licensor can add any number of conditions to the agreement, right? How does a license differ from a franchise? Air Voice Wireless LLC , 2018 WL 6303852 (C.D. In other words, it matters what it is, not what you call it.

article thumbnail

Licensing vs. Franchising: Are You Accidentally Creating a Franchise?

IP Intelligence

A trademark license may seem straightforward. Since a license is like any other contract, the licensor can add any number of conditions to the agreement, right? How does a license differ from a franchise? Air Voice Wireless LLC , 2018 WL 6303852 (C.D. In other words, it matters what it is, not what you call it.

article thumbnail

Licensing vs. Franchising: Are You Accidentally Creating a Franchise?

LexBlog IP

A trademark license may seem straightforward. Since a license is like any other contract, the licensor can add any number of conditions to the agreement, right? How does a license differ from a franchise? Air Voice Wireless LLC , 2018 WL 6303852 (C.D. In other words, it matters what it is, not what you call it.

article thumbnail

NFTs: promisingly transformational, yet fraught with IP pitfalls – Part I

Kluwer Copyright Blog

The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate due diligence in determining what rights are granted when procuring an NFT. Copyright that is transferred upon selling an NFT may explicitly be outlined in the self-executing smart contract governing the sale.