Definition ∞ Rights Negotiation is the process of discussing and agreeing upon the terms and conditions for the use, ownership, or distribution of intellectual property or other valuable assets. In the digital asset space, this often involves establishing agreements for tokenized assets, digital media, or decentralized autonomous organization (DAO) governance participation. It establishes legal and operational parameters. It is a fundamental aspect of asset management.
Context ∞ The advent of tokenization and smart contracts is altering traditional rights negotiation processes by enabling more granular and automated agreement execution. Discussions now include how to best integrate on-chain mechanisms with established legal frameworks for intellectual property. This evolution presents new complexities and efficiencies for rights holders.