Presented by Sheppard Mullin's Blockchain Team, The Legit Ledger podcast covers blockchain-related legal issues and offers practical tips on keeping transactions legit. In each episode, we discuss legal and regulatory matters relating to blockchain tech and business models with thought leaders and industry professionals who have hands-on experience with this evolving legal landscape.
For our inaugural episode, Sheppard Mullin attorneys Yasamin Parsafar and Jim Gatto address the various intellectual property considerations for licensing digital assets related to NFTs, including the specific rights and types of licenses that may be granted.
About Jim Gatto
Jim Gatto is a partner with the Intellectual Property Practice Group in Sheppard Mullin's Washington, D.C. office, where he co-leads the Blockchain & Fintech Team. His practice focuses on blockchain, interactive entertainment, digital art, AI, and online gambling. He advises clients on IP strategies, development and publishing agreements, licensing and technology transaction agreements, and tech regulatory issues. Jim has been involved with blockchain since 2012 and has been recognized as a thought leader by leading organizations, including Best Lawyers in America 2021-2022; Cryptocurrency, Blockchain and Fintech Trailblazer, The National Law Journal, 2018; and Thought Leader on Blockchain & Cryptocurrencies, National Law Review, 2018.
About Yasamin Parsafar
Yasamin Parsafar is a partner with the Intellectual Property Practice Group in Sheppard Mullin's San Francisco office, where she serves as co-leader of the firm's Blockchain & Fintech team. Her practice focuses on protecting her clients' intellectual property rights through counseling, prosecution, enforcement, and litigation. Yasamin leverages her litigation experience to strengthen and protect her clients' intellectual property, manage risks, and position businesses to succeed in the event of a dispute. She frequently advises and protects brands venturing into web3 on various issues related to non-fungible tokens, metaverses, games, online marketplaces, and other platforms.
What We Discussed in This Episode:
- What is an NFT?
- What rights could be involved when transferring digital assets associated with an NFT?
- What types of licenses may be granted?
- How does a personal, non-commercial license differ from a commercial license?
- What are some of the considerations surrounding the granting of commercial license rights?
Contact Information:
Yasamin Parsafar
James G.Gatto
Resources
- NFTs and Intellectual Property: What IP Owners and NFT Creators Need to Know
- Protecting IP and Limiting Liability When Licensing IP for Digital Art and NFTs
- Tokenization and the Law: Legal Issues with NFTs | Law of the Ledger
