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NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

There are open auctions, limited auctions, various flavors of ownership for the NFT, and sales of both digital and non-digital assets. An NFT is a Smart Contract, meaning that it embeds specific basic contract terms in the NFT metadata that goes onto the blockchain. Was that ownership transferred, and if so, to whom?

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Navigating Halal Financing for Residential and Commercial Transactions in Canada

Nelligan Law

In residential transactions, Halal financing typically involves structures such as Murabaha (cost-plus sale), Ijarah (leasing), Musharakah (partnership), and Istisna’a (manufacturing contracts). This includes agreements outlining the terms of financing, ownership arrangements, and dispute resolution mechanisms.

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

Kluwer Copyright Blog

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm.

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

Kashishipr

Through IP licensing, IP rights holders grant third parties the exclusive right to use their IP while retaining their ownership. In contrast to IP assignments, which transfer the entire ownership of the IP asset, IP licensing provides only limited use. appeared first on Blog | Kashish IPR | Intellectual Property Rights Law Firm.

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Fatal Mistakes Made By The ‘Bored Ape Yacht Club’ & ‘Crypto Punks’ NFT Projects

Traverse Legal Blog

Your trademark identifies your company as the source of goods and services related to your NFTs and digital assets (the pictures linked to your NFT smart contracts). Due diligence is critical. They require both chain of tile and a contract setting forth the seller and buyers’ essential contract terms.

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Methods of Commercializing Intellectual Property – Part I

Intepat

Keeping Records – Records form a valuable source when drafting patent applications and keeping records of one’s inventions help in proving the date and ownership of the said invention if and when needed. The ownership is not transferred. It can be understood as renting out one’s intellectual property.

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What is Blockchain Technology and has it been Patented?

Biswajit Sarkar Copyright Blog

It is basically a distributed database that can achieve independent verification of the ownership chain of any or every cryptocurrency (amount) as each node stores its own copy of the blockchain. Further, it would also simplify due diligence required for IP transactions such as mergers and acquisitions.