All Countries
Crypto
Nft Sale Contract

Nft Sale Contract Generator for United States

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Nft Sale Contract

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Nft Sale Contract

"I need an NFT Sale Contract for selling my digital artwork collection of 10 pieces through OpenSea marketplace, with a 5% royalty on secondary sales and specific provisions for commercial usage rights in the gaming industry."

Celebrated by
Collaborations with
Investors
Document background
The NFT Sale Contract is essential for transactions involving digital assets on blockchain networks within the United States jurisdiction. This document is used when transferring ownership of NFTs, whether they represent digital art, collectibles, virtual real estate, or other tokenized assets. The contract addresses crucial aspects such as intellectual property rights, payment terms, warranties, and regulatory compliance. It's particularly important given the evolving nature of NFT regulations in the U.S. and the need to protect both sellers' and buyers' interests in digital asset transactions.
Suggested Sections

1. Parties: Identification of seller and buyer, including legal names and addresses

2. Background: Context of the NFT sale and purpose of the agreement

3. Definitions: Key terms including NFT, blockchain, smart contract, and related technical terminology

4. Subject Matter: Detailed description of the NFT being sold, including its unique identifiers

5. Purchase Price and Payment: Terms of payment, including cryptocurrency specifications if applicable

6. Transfer of Rights: Specifics of what rights are being transferred with the NFT

7. Representations and Warranties: Seller's guarantees regarding ownership and buyer's acknowledgments

8. Governing Law: Applicable jurisdiction and dispute resolution mechanisms

Optional Sections

1. Royalty Provisions: Terms for ongoing royalty payments on secondary sales - use when the NFT includes ongoing royalty rights

2. Platform Terms: Specific marketplace or platform requirements - use when the sale occurs through a specific NFT marketplace

3. Smart Contract Terms: Technical specifications of the smart contract - use when complex smart contract functionality is involved

Suggested Schedules

1. NFT Specification Schedule: Technical details of the NFT, including metadata and token standards

2. IP Rights Schedule: Detailed breakdown of intellectual property rights being transferred

3. Smart Contract Code: Technical documentation of the smart contract code if applicable

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Relevant legal definitions
NFT (Non-Fungible Token)
Smart Contract
Blockchain
Digital Asset
Token Standard
Gas Fees
Metadata
Digital Wallet
Private Key
Public Key
Token ID
Creator Rights
Secondary Sale
Royalty Rights
Intellectual Property Rights
Copyright
Blockchain Network
Marketplace
Transaction Hash
Minting
Transfer Date
Purchase Price
Cryptocurrency
Digital Signature
Effective Date
Force Majeure
Governing Law
Jurisdiction
Licensed Rights
Commercial Rights
Display Rights
Resale Rights
Token Owner
Smart Contract Address
Digital Content
Authentication
Consideration
Clauses
Definitions
Sale and Purchase
Transfer of Rights
Payment Terms
Intellectual Property
Representations and Warranties
Smart Contract Implementation
Digital Wallet Requirements
Token Standards Compliance
Platform Terms
Royalty Rights
Secondary Sales
Ownership Authentication
Risk Transfer
Technical Requirements
Minting Process
Digital Content License
Commercial Rights
Display Rights
Resale Restrictions
Confidentiality
Data Protection
Regulatory Compliance
Anti-Money Laundering
Force Majeure
Termination
Dispute Resolution
Governing Law
Assignment
Entire Agreement
Severability
Notices
Blockchain Network Terms
Gas Fees
Taxation
Industries

Securities Laws: Including Securities Act of 1933, Securities Exchange Act of 1934, SEC regulations on digital assets, and Howey Test considerations for NFT classification as securities

Intellectual Property Laws: Covering Copyright Act, Digital Millennium Copyright Act (DMCA), trademark laws, and right of publicity laws for protecting digital assets and associated rights

Consumer Protection Laws: Encompassing Federal Trade Commission Act, state consumer protection laws, and truth in advertising regulations to ensure fair trade practices

Digital Asset/Cryptocurrency Regulations: Including state money transmitter laws, FinCEN regulations, and state-specific cryptocurrency regulations governing digital asset transactions

Contract Law: Covering Uniform Commercial Code (UCC), state contract laws, and Statute of Frauds requirements for ensuring valid contract formation

Privacy Laws: Including GDPR (if applicable), state privacy laws, and California Consumer Privacy Act (CCPA) for protecting personal data in transactions

Anti-Money Laundering (AML): Covering Bank Secrecy Act and Know Your Customer (KYC) requirements to prevent illegal transactions

Tax Considerations: Including IRS guidance on NFTs and digital assets, state tax regulations, and capital gains implications for NFT transactions

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Nft Contract

A U.S.-compliant legal agreement governing the creation, sale, and transfer of non-fungible tokens (NFTs).

find out more

Nft Sale Contract

A U.S.-governed contract for the sale and transfer of NFTs, including rights, payment terms, and regulatory compliance.

find out more

Nft Escrow Contract

U.S.-governed agreement for secure NFT transfers via escrow services, defining terms for all parties involved.

find out more

Nft Proxy Contract

A U.S.-governed agreement establishing proxy management rights for NFT assets.

find out more

Nft Collection Contract

A U.S.-governed agreement establishing terms for NFT collection creation, distribution, and rights management.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.

Draft quality legal agreements or review documents in 3 minutes

Try for free
BlogAbout UsCareers🌎 Global Site

Templates

Commercial

B2B Suppliers ContractStandard salesSponsorship ContractIT Outsourcing AgreementCommercial Reservation of Rights LetterLoan Note InstrumentCommercial Contract Templates

Employment

Consultancy AgreementFounder service agreementShareholder Agreement for EmployeesAdvisor agreementEmployee EMI Option PlanStandard Directors Service AgreementEmployment Contract Templates

IP

Trade Mark AssignmentIntellectual Property AssignmentSoftware Service Level AgreementSoftware Pilot Evaluation LicenceSAAS Subscription AgreementIP Rights License IP Agreement Templates

Administration

Cloud Computing PolicyBackup PolicyVirus Protection PolicyEqual Opportunities PolicyEnvironmental PolicyAdministration Legal Templates

Finance

Short-Form Directors Loan AgreementMandate Letter (Best Efforts)Drawdown Request (Borrower to Lender)Buyback AgreementPromissory Note (UK)Letter of Waiver (Loan)Finance Legal Templates

R&D

Consortium AgreementVariation to Consortium AgreementEquipment Loan AgreementCommercial R&D AgreementMaterials transfer agreementR&D Legal Templates

Industries

Legal Services

Limited Power of AttorneyBasic Binding Side LetterLetter of IntentNon Binding Comfort LetterContract For Employing A Salaried Partner Deed of Surrender (Lease)Templates for Lawyers

Manufacturing

Consignment ContractStandard Exclusive Distribution Agreement (UK)Intercompany Services Agreement Standard Directors Service AgreementConditions of Supply Memorandum of Understanding Manufacturing Legal Templates

Construction

Vesting CertificateLetter of Claim (Pre-Action Protocol)Tenancy at WillSection 146 Notice (Remedy Breach of Lease)Notice Of Forfeiture Of Lease By LandlordLease Report (Long Form)Construction Legal Templates

Solutions

Use Cases

Company Types

Comparisons

Business Categories

Teams

Information

© 2024 Genie AI Ltd. All rights reserved