Remove Contracts Remove Due Diligence Remove Licensing
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

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.

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

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.

article thumbnail

Structuring the IP financial exchange

IP and Legal Filings

The main aim was to facilitate the non-exclusive licensing and trading of IP assets. This shows how important is the licensing aspect of the company which deals in the IP field. This shows how important is the licensing aspect of the company which deals in the IP field. Giving a larger ground for licensing.

article thumbnail

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

Traverse Legal Blog

In this video, we will also examine the legal strategies each project got right on trademark registration and copyright licensing. 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.

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.

article thumbnail

Giving off Bad Energy: “Milkshake” Sample Removed from Beyoncé’s Album “Renaissance”

IPilogue

Artists only require permission from original composers and the record labels if they wish to borrow work, and unfortunately for Kelis, she didn’t fall within this category due to a contract she signed when she was nearly 20 years younger and did not fully understand.

Music 100