What is an NFT license agreement?

Learn more about NFT licenses.

NFT License agreements protect original creators’ intellectual property rights and financial interests, even after other people buy such NFTs.

In their licensing agreements, NFR Creators can set out exactly which rights original owners and buyers hold in purchased NFTs. In addition, NFT license agreements often allow original creators to continue to profit off their creations by requiring a set percentage of their subsequent resales to be paid to them.

NFT license agreements are coded into the smart contracts of their respective NFT blockchains. These smart contracts certify the authenticity of the NFTs and autonomously execute NFT license terms during any and all resale of the NFTs.

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