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licenses.md

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description
Immutable, provable, fully private registration of deals to monetize IP

Licenses

{% hint style="info" %} Objects/entities inCodeFormat are proposed official naming conventions adopted from the Dedx ERN structure. Objects/entities in bold have no formal naming convention yet. {% endhint %}

License

A License is agreement granted to a RightsHolder to exercise one or more of the usage rights, described as RightsCoverage that can be granted by a PaymentProvider in relation to a specific registered Creation in specific territories, time periods, andRightsCoverage types.

RightsHolder - is the Party that holds the rights in respect of some or all rights in one or more Creation

PaymentProviderRoles related to a Creation:

  • RightsController - The DataProvider in charge of registering the asset, keeping the on-chain records available and providing verifiable proofs about the asset on-demand. As long as the Creation has not been tokenized by the RightsHolder(s), then the RightsController remains the admin and acts as their on-chain representative. It is typically an enterprise like a music distributor or publishing admin that controls rights in one or more Creations in respect of some or all rights for specific territories, time periods,RightsCoverage types.
  • RightsAdministrator - The administrator assigned by the Rights Controller in charge with administering the rights off-chain;\
  • RightsCoverage:
    • MakeAvailableRight: The right to distribute and make a work available to the public.
    • MechanicalRight: The right to record and distribute a work on a carrier. (applicable for ISWC assets only)
    • PerformingRight: The right to perform a work.
    • PrintRight: The right to make a visual copy of a work and distribute it.
    • ReproductionRight: The right to make a physical reproduction of a work.
      • SynchronizationRight: The right to include a work in timed relation with other works for making an audiovisual or multimedia creation.
    • UserDefined: Complying with the DDEX

License uniqueness and data availability

Only one combination of RightsCoverage + Region with overlapping active dates can be issued for any giver Creation may be valid

{% hint style="info" %} bold fields are compulsory. italic fields are optional. {% endhint %}

bold fields are compulsory. italic fields are optional.

Public data

  • License creator
  • License signature
  • Reference to Creation ID
  • Right coverage
  • Region (ISO 3166)
  • startDate
  • CID to private data of license
  • Blockchain
  • Contract

Private Data

  • CID to public data
  • sharePercentage - what percentage of the revenue of this the rights licensed is collected by this specific license
  • revenueSource - array of all known (non-exclusive) platforms exercising this license
  • RightsCoverage - how the IP is consumed - ad based streams, ad-free radio, etc…
  • FactSheet - custom JSON that may be private or public
  • *Agreement *- optional link to a URL hosted copy of the PDF/DOC of the agreement

Data that can be added as private or public

  • RightsHolder - A Party that holds the rights in respect of some or all rights in one or more Creation in specific territories, time periods, RightsCoverage types, and types
  • RightsController - The DataProvider in charge of registering the asset, keeping the on-chain records available and providing verifiable proofs about the asset on-demand. As long as the Creation has not been tokenized by the RightsHolder(s), then the RightsController remains the admin and acts as their on-chain representative. It is typically an enterprise like a music distributor or publishing admin that controls rights in one or more Creations in respect of some or all rights for specific territories, time periods,RightsCoverage types.
  • RightsAdministrator - The administrator assigned by the Rights Controller in charge with administering the rights off-chain;\
  • RightsCoverage:
    • MakeAvailableRight: The right to distribute and make a work available to the public.
    • MechanicalRight: The right to record and distribute a work on a carrier. (applicable for ISWC assets only)
    • PerformingRight: The right to perform a work.
    • PrintRight: The right to make a visual copy of a work and distribute it.
    • ReproductionRight: The right to make a physical reproduction of a work.
      • SynchronizationRight: The right to include a work in timed relation with other works for making an audiovisual or multimedia creation.
    • UserDefined: Complying with the DDEX