Why a License Agreement is Essential to an NFT Project
The NFT market has become painfully aware of the essential need for an NFT (represented by a creative work) to have a proper license agreement that grants the NFT owner certain property and use rights to that creative work. Legally, creating an NFT on the blockchain only gives you a right to a token [...]
Why an NFT License Agreement is Not Enough
NFTs have revolutionized the way we think about, transfer and monetize intellectual property rights. However, simply having an NFT license agreement for an NFT that is located on a website or in another place creates risk when it comes to properly establishing and protecting rights effectively. Traditionally, IP rights are licensed through known person-to-person [...]