This section demonstrates how to mint a License Token for an IPA. You can only mint a License Token for an IPA if it has License Terms attached to it. A License Token is minted as an ERC721 token and contains the necessary licensing details.

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Paid Licenses

Note that some IP Assets may have license terms attached that require the user minting the license to pay a mintingFee. You can see an example of that soon.

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Max Number of Licenses

If you're curious about setting the maximum number of licesnes that can be created from your IP, check out the License Config / Hook section of our documentation.

Prerequisites

• Setup the client object.
• An IPA that has License Terms added. Learn how to add License Terms to an IPA here.

Mint License

To mint a License Token, we will need the:

• licensor_ip_id - the ipId of the IPA we are minting a License Token from
• license_template - the address of the license template
• license_terms_id - the id of the License Terms (ex. "1" for Non-Commercial Social Remixing)
• amount - # of License Tokens to be minted (usually 1, unless the minter decides to mint a batch and distribute it in another way later on)
• receiver - wallet receiving the License Token, usually the wallet address that is executing the transaction

response = story_client.License.mintLicenseTokens(
    licensor_ip_id="0xC92EC2f4c86458AFee7DD9EB5d8c57920BfCD0Ba",
    license_template="0x58E2c909D557Cd23EF90D14f8fd21667A5Ae7a93",
    license_terms_id=1,
    amount=1,
    receiver="0x14dC79964da2C08b23698B3D3cc7Ca32193d9955"
)

print(f"License Token minted at transaction hash {response['txHash']} License ID: {response['licenseTokenIds']}")

MintLicenseTokensRequest = {
    'licensor_ip_id': str,
    'license_template': str,
    'license_terms_id': int,
    'amount': int,
    'receiver': str,
    'tx_options': dict
}

MintLicenseTokensResponse = {
    'txHash': str,
    'licenseTokenIds': list
}