# IP Ownership

## Palpables NFT IP Ownership

At Palpables, we offer NFTs that go beyond mere digital assets, providing real ownership rights. By purchasing our NFTs, you acquire the IP ownership associated with those assets.

### **The Importance of IP Ownership**

Ownership of digital assets guarantees their value and usage rights. Palpables' NFTs offer not just proof of ownership but also include IP ownership, providing the following benefits:

* **Exclusive Usage Rights:** Grants you the exclusive right to use the associated IP.
* **Commercial Use Rights:** Allows you to commercially exploit the IP.
* **Derivative Works Rights:** Permits you to create and distribute derivative works based on the IP.

### **How IP Ownership is Transferred**

* **NFT Purchase:** Purchase NFTs on the Palpables platform or secondary markets.
* **Ownership Transfer:** IP ownership associated with the NFT is automatically transferred to the buyer upon purchase.
* **Ownership Proof:** Ownership is transparently and securely verified through blockchain technology.

### **Benefits for Buyers**

* **Security:** Blockchain-based ownership proof ensures security and immutability.
* **Transparency:** All transactions and ownership transfers are recorded on the blockchain, ensuring transparency.
* **Profitability:** Commercially exploit the IP to generate additional revenue.

Palpables' NFTs set a new standard for digital assets, offering complete ownership that includes IP rights, surpassing mere possession.



**Logos and trademarks are not included, and if you use NFT commercially, do not sell ownership(NFT)**
