Tokenization of Intellectual Property Rights — Part 1: A Small Introduction to IP Rights

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Companies like Lexit, Molecule, the Open Innovation Platform DEIP are looking for ways to tokenize and liquidate IP rights for different reasons (like M&A or just to increase collaboration in innovation) In principle, the protection is limited with the country where the right is granted. Patents, trademarks and designs need a registration in the registry of the patent and trademark office of the respective country. In the next post, patent rights will be explained and assessed how much they are suitable for tokenization.