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We want to implement a feature to distribute royalty tokens for an IP among collaborators based on predefined percentages. This enables collaborators to share the rights to claim future royalties or revenues generated by the IP and facilitates further distribution.
This feature adds value by automating the process of allocating royalty rights at the time of IP registration, simplifying collaboration agreements, and enhancing transparency.
Suggested solution
Introduce a new workflow contract to support the following functions:
Description and context
We want to implement a feature to distribute royalty tokens for an IP among collaborators based on predefined percentages. This enables collaborators to share the rights to claim future royalties or revenues generated by the IP and facilitates further distribution.
This feature adds value by automating the process of allocating royalty rights at the time of IP registration, simplifying collaboration agreements, and enhancing transparency.
Suggested solution
Introduce a new workflow contract to support the following functions:
registerIPAndAttachLicenseTermsAndDistributeRoyaltyTokens
registerDerivativeAndAttachLicenseTermsAndDistributeRoyaltyTokens
mintAndRegisterIPAndAttachLicenseTermsAndDistributeRoyaltyTokens
mintAndRegisterDerivativeAndAttachLicenseTermsAndDistributeRoyaltyTokens
Each function will:
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