PIL Terms
Easy Mode: We Have Preset PIL Terms
PIL is the first License Agreement for medial license developed by Story Protocol and inspired by Token Bound License. If you haven't already, read the overview: Programmable IP License (PIL💊)
PIL Legal Text with Explanation
If you'd like to walk through the PIL legal text with helpful explanation attached, check it out here.
On-chain terms
Most PIL terms are on-chain. They are implemented in the IPILicenseTemplate
contract as a PILTerms
struct here.
/// @notice This struct defines the terms for a Programmable IP License (PIL).
/// These terms can be attached to IP Assets.
struct PILTerms {
bool transferable;
address royaltyPolicy;
uint256 mintingFee;
uint256 expiration;
bool commercialUse;
bool commercialAttribution;
address commercializerChecker;
bytes commercializerCheckerData;
uint32 commercialRevShare;
uint256 commercialRevCelling;
bool derivativesAllowed;
bool derivativesAttribution;
bool derivativesApproval;
bool derivativesReciprocal;
uint256 derivativeRevCelling;
address currency;
string uri;
}
Descriptions
Parameter | Values | Description |
---|---|---|
transferable | True/False | If false, the License Token cannot be transferred once it is minted to a recipient address. |
royaltyPolicy | Address | The address of the royalty policy contract. The royalty policy must have been approved by Story Protocol in advance. |
mintingFee | # | The fee to be paid when minting a license. |
expiration | # | The expiration period of the license. |
commercialUse | True/False | You can make money from using the original IP Asset, subject to limitations below. |
commercialAttribution | True/False | If true, people must give credit to the original work in their commercial application (eg. merch) |
commercializerChecker | Address | Commercializers that are allowed to commercially exploit the original work. If zero address, then no restrictions are enforced. |
commercializerCheckerData | Bytes | The data to be passed to the commercializer checker contract. |
commercialRevShare | # [0-100,000,000] | Amount of revenue (from any source, original & derivative) that must be shared with the licensor (a value of 10,000,000 == 10% of revenue share). This will collect all revenue from tokens that are whitelisted in the RoyaltyModule.sol contract. |
commercialRevCelling | # | If commercialUse is set to true, this value determines the maximum revenue you can earn from the original work. |
derivativesAllowed | True/False | Indicates whether the licensee can create derivatives of his work or not. |
derivativesAttribution | True/False | If true, derivatives that are made must give credit to the original work. |
derivativesApproval | True/False | If true, the licensor must approve derivatives of the work. |
derivativesReciprocal | True/False | If true, derivatives of this derivative can be created indefinitely as long as they have the exact same terms. |
derivativeRevCelling | # | If commercialUse is set to true, this value determines the maximum revenue you can earn from derivative works. |
currency | Address | The ERC20 token to be used to pay the minting fee. The token must be registered in story protocol. |
uri | String | The URI of the license terms, which can be used to fetch off-chain license terms. |
Off-chain terms to be included in uri
field
uri
fieldSome PIL terms must be stored off-chain and passed in the uri
field above. This is because these terms are often more lengthy and/or descriptive, so it would not make sense to store them on-chain.
Parameter | Description |
---|---|
Territory | Limit usage of the IP to certain regions and/or countries. By default, the IP can be used globally. |
Channels of Distribution | Restrict usage of the IP to certain media formats and use in certain channels of distribution. By default, the IP can be used across all possible channels of distribution. Examples: "television", "physical consumer products", "video games", etc. |
Attribution | If the original author should be credited for usage of the IP. By default, you do not need to provide credit to the original author. |
Content Standards | Set content standards around use of the IP. By default, no standards apply. Examples: "No-Hate", "Suitable-for-All-Ages", "No-Drugs-or-Weapons", "No-Pornography". |
Sublicensable | Derivative works can grant the same rights they received under this license to a 3rd party, without approval from the original licensor. By default, derivatives may not do so. |
AI Learning Models | Whether or not the IP can be used to develop AI learning models. By default, the IP can be used for such development. |
Restriction On Cross-Platform Use | Limit licensing and creation of derivative works solely on the app on which the IP is made available. By default, the IP can be used anywhere. |
Governing Law | The laws of a certain jurisdiction by which this license abides. By default, this is California, USA. |
Alternative Dispute Resolution | Please see section 3.1 (s) here. |
Additional License Parameters | There may be other terms the licensor would like to add and they can do so in this tag. |
Updated 29 days ago