A digital asset license grants specific rights to use, access, or distribute a digital asset under predefined terms. This legal agreement outlines the permissible actions for the licensee regarding intellectual property represented by tokens, NFTs, or other digital forms. It establishes the boundaries of ownership and usage in the digital economy.
Context
The current landscape surrounding digital asset licenses is evolving rapidly, particularly with the rise of non-fungible tokens (NFTs) and their associated rights. A key discussion concerns the enforceability of these licenses across various jurisdictions and the clarity of rights conveyed. Future developments will likely involve standardized licensing agreements and legal frameworks tailored for digital ownership.
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