Model IPT Membership Agreement
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Last updated
Last updated
This template is an agreement outlines the rights and responsibilities of individuals or entities (Token Holders) who possess a specific token (referred to as [IP-NFT symbol]-IPT Token). The agreement establishes terms related to the creation, governance, licensing, and ownership of Intellectual Property (IP) and Future Intellectual Property arising from participation in the agreement.
Tokenized IP Ecosystem: Use this agreement when creating or participating in a tokenized ecosystem where NFTs and IP are involved, such as developing unique digital assets or intellectual creations.
Membership Governance: It's suitable for defining governance structures, voting rights, and responsibilities among token holders within the ecosystem.
IP Ownership and Licensing: If you need to clarify ownership rights, access to IP data, and the process for licensing IP generated within the ecosystem
Duplicate Template: click on template below and download the file.
Customize for Your Ecosystem: Replace [IP-NFT symbol] with your specific token symbol or naming convention throughout the agreement to reflect your ecosystem accurately.
Define Terms: Understand and define terms such as Intellectual Property, Confidential Information, Governance, Duty of Care, etc., based on your ecosystem's context.
Identify Parties: Clearly identify the parties involved - Token Holders, Token Minters, and any other relevant entities.
Review and Agreement: Ensure all parties review the agreement thoroughly, understand their rights and obligations, and agree to the terms explicitly by ticking the acceptance box provided.