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.

Action	Conditions	Via The...
Modify License Minting Fee	N/A	License Config
Modify Licensing Hook	N/A	License Config
Modify `commercialRevShare`	Cannot decrease `commercialRevShare` percentage. You can only increase it.	License Config
Disable/Enable the License	License 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 Metadata	Cannot modify if the metadata is frozen. This is done by calling `freezeMetadata` in the CoreMetadataModule.sol.	CoreMetadataModule.sol

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:

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

Group IPA Restrictions

In addition, Group IPAs are subject to the following additional restrictions:

Action	Restriction
Add IP Asset to a Group	You can only add an IP Asset to a group if that group is not "locked". A group becomes locked once the first license token is minted from it or a derivative is linked to it.
Remove IP Asset from a Group	You can only remove an IP Asset from a group if that group is not "locked". A group becomes locked once the first license token is minted from it or a derivative is linked to it.