Why NFT License adds value after removing "royalty" and based on "pay as you profit".
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Mar 3
Problem: Difficult to offer Licensing due toFinding a licensee willing to even consider licensing is like finding an angel. In fact, it is cheaper to hire lawyers to keep patentees at bay than to give them a fair hearing as to whether to license or not. In the US, this has been a trend since eBay Inc. v. MercExchange, L.L.C and after AIA was implemented mainly due to review tools to deny issued patents at a low cost.The other reason is that cost is usually based on “royalty” say 2-5%. This ma...

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Khai, NFTpatent, IP litigator & coder

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