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IP Asset Modifications

IP Assets can be modified/customized a few ways. For example, by setting the License Config which allows you to change a few things as you’ll see below, changing its metadata, and more. These things can always be changed unless there is a certain condition.

ActionConditionsVia The…
Modify License Minting FeeYou can increase the minting fee. You cannot decrease it.License Config
Modify Licensing HookThe hook must be whitelisted in the Module Registry.License Config
Modify commercialRevShareYou can increase the rev share percentage. You cannot decrease it.

However, you can set it to 0 to disable the overwrite.		License Config
Disable/Enable the LicenseLicense can be disabled or re-enabled at any time.

Note that disabling a license disallows future licenses from being minted, but does not affect existing ones.		License Config
Modify MetadataCannot modify if the metadata is frozen. This is done by calling freezeMetadata in the CoreMetadataModule.sol.CoreMetadataModule.sol

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License Hook Modifications

The IP can be further customized or modified using the License Hook. This is a function that gets set within the License Config that gets called before a License Token (or more simply, a “license”) is minted. There are various features you can implement with the License Hook, and are always modifiable:

FeatureDescription
Dynamic License FeeYou can dynamically set the price of a license. For example, it can be updated dynamically via bonding curve logic.
Total # of LicensesYou can abort the function based on a maximum number of license tokens that can be minted.
Specific ReceiversYou can restrict minting of license to a specific receiver.
More…Additional licensing hook features can be implemented as required.

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Group IPA Restrictions

See 👥 Group IPA Restrictions for more information.