👨‍🔬Proposal to Enter into SRA, Mint an IP-NFT, and Distribute IPTs

When researcher wants to put a sponsored research agreement up for a vote among IP Seed holders and terminate the IP Seed program.

About

This template outlines a proposal for entering into a sponsored research agreement (SRA), minting an IP-NFT (non-fungible token), and distributing IPTs (IP Tokens) to IP Seed holders.

When to use it:

• IP Seed Governance: Use this template with IP Seed holders to effectively govern the decision to enter into an SRA, mint the SRA into an IP-NFT, and distribute IPTs to IP Seed holders that are tokenized from the IP-NFT.

How to use it:

1. Duplicate Template: Click on template below and download the file.

2. Fill in Specific Details: Customize the template with specific information related to your IP Seed project, such as the name of the project, details of the SRA, sponsor information, funding details, and the number of IPTs to be distributed per IP Seed.

3. Consult Legal Counsel: Consult legal counsel if you are unsure about the legal implications of using the agreement or otherwise want related legal advice.

4. Execute the Proposal: Once the proposal is finalized, put it up for a vote among IP Seed holders and execute the proposal if passed.

Important Considerations

Template

Proposal to Enter into SRA, Mint an IP-NFT, and Distribute IPTs