1. Select Template
Ref ID
W3-MJ52KKTG-71691955
Doc hash: unavailable
2. Customize Terms
Allow Derivatives
Can the owner remix, modify, or build upon the art?
Require Attribution
Must the creator be credited in public displays (where feasible)?
Revocable License
Can you revoke these rights if terms are breached?
Transfer With Token
If enabled, rights transfer automatically when the token is transferred.
Allow Sublicensing
Can the owner grant third parties permission to use the art under this license?
Royalty (Secondary Sales)5%
This expresses a requested royalty rate in the metadata. Actual enforcement depends on marketplaces, token standards, and your on-chain setup.
Recommended: 5–7% for many collections.
Tip: caps help avoid ambiguity for “small business” vs “enterprise” usage.
3. Asset & Parties
Used for context + metadata clarity.
Leave blank if you’re drafting template-only.
Used in the document header.
If you already know where metadata lives (IPFS/Arweave/HTTPS).
These fields improve the clarity of the exported document + JSON, but are optional.
Document Preview
Template: Commercial Rights • W3-MJ52KKTG-71691955
web3ip Protocol • 2.1.0
Commercial Rights License
Effective Date: 2025-12-14
REF-ID
W3-MJ52KKTG-71691955
SHA-256: n/a
Asset Context (Optional)
Collection
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Asset
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Contract
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Token ID
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1. PREAMBLE
This Commercial Rights License (the "License") grants the Licensee a worldwide right to use, display, reproduce, and exploit the Associated Asset for commercial purposes, subject to the Terms & Conditions below.
2. TERMS & CONDITIONS
- DERIVATIVES: The Licensee may modify, remix, adapt, and build upon the Associated Asset, including creating derivative works.
- ATTRIBUTION: Attribution to the Creator is required in reasonable form for public display and public communications (where technically feasible).
- EXCLUSIVITY: Rights granted are non-exclusive (the Creator may grant similar rights to others unless prohibited elsewhere).
- TRANSFER: This License transfers automatically with a lawful transfer of the token (where the License is attached to token ownership).
- SUBLICENSE: The Licensee may not sublicense the granted rights to third parties.
- COMMERCIAL SCOPE: No explicit revenue cap is stated in this License.
- ROYALTY: A secondary sale royalty of 5% (500 bps) is requested for compliant marketplaces and transfers that support creator royalties.
- TERMINATION: This License is intended to be irrevocable and to attach to token ownership, subject to applicable law and protocol constraints.
- JURISDICTION: The selected jurisdiction for disputes and interpretation is: Global / On-Chain.
- ON-CHAIN LINKAGE: This License is intended to be referenced by on-chain/off-chain metadata via Ref ID W3-MJ52KKTG-71691955, and may be cryptographically hashed and/or signed to evidence intent.
- DISCLAIMER: This template is informational and is not legal advice. Consult counsel for your specific use case.
On-chain / Metadata Notes
Schema: https://web3ip.xyz/schema/v2.json
Requested Royalty: 5% (500 bps)
This template is designed to be cryptographically linked to token metadata, but actual enforceability depends on your implementation and jurisdiction.
Licensor Signature (Wallet)
Date
Note: This drafter generates standardized templates and metadata. It is not legal advice.