The Legit Ledger Episode 3: Licensing Considerations for NFT Creators and Owners with Jim Gatto and Gabe Khoury


In this episode of The Legit Ledger, Sheppard Mullin attorneys Jim Gatto and Gabe Khoury discuss licensing considerations for NFT owners and creators, including the range of licenses creators are using, the recent trend toward more commercial NFT licenses, and practical considerations to keep in mind when drafting an NFT license with commercial rights.

About Jim Gatto

Jim Gatto is a partner with the Intellectual Property Practice Group in Sheppard Mullin’s Washington, D.C. office, where he co-leads the Blockchain & Fintech Team. His practice focuses on blockchain, interactive entertainment, digital art, AI, and online gambling. He advises clients on IP strategies, development and publishing agreements, licensing and technology transaction agreements, and tech regulatory issues. Jim has been involved with blockchain since 2012 and has been recognized as a thought leader by leading organizations, including Best Lawyers in America 2021-2022; Cryptocurrency, Blockchain and Fintech TrailblazerThe National Law Journal, 2018; and Thought Leader on Blockchain & Cryptocurrencies, National Law Review, 2018.

About Gabe Khoury

Gabe Khoury is an associate with the Corporate Group in Sheppard Mullin's Washington, D.C. office. As Lead Associate of the Blockchain and Digital Assets team, he handles regulatory compliance issues relating to the use of blockchain technology, social media, Web3.0, video games, online gambling, virtual goods and currency, social tokens, decentralized autonomous organizations, decentralized exchanges, cybersecurity, privacy, Esports, the metaverse, money transmission, financial technologies, NFTs, and artificial intelligence. Gabe holds certifications in NFT technology, Metaverse Technologies, and Blockchain Law from the Blockchain Council.

Click Here to Read Transcript

What We Discussed in This Episode

  • The various types of NFT licenses
  • Why have we recently seen a trend toward more commercial NFT licenses?
  • Has there been any commercial NFT licenses by brands or IP owners?
  • What are some well-known examples that have involved the granting of a commercial license?
  • What are some of the other ways NFT owners are leveraging commercial licenses?
  • How might an NFT creator benefit from granting broad rights in a commercial license?
  • How might an NFT owner benefit from granting broad rights in a commercial license?
  • What are some of the practical considerations NFT creators should think about when drafting a license with commercial rights?


Contact Information

Jim Gatto

Gabe Khoury

If you enjoyed this episode, please help us get the word out about this podcast. Rate and review this show in Apple Podcasts, Amazon Music, Stitcher Radio, Google Podcasts, or Spotify. It helps other listeners find this show.

This podcast is for informational and educational purposes only. It is not to be construed as legal advice specific to your circumstances. If you need help with any legal matter, be sure to consult with an attorney regarding your specific needs.


Jump to Page

By scrolling this page, clicking a link or continuing to browse our website, you consent to our use of cookies as described in our Cookie and Advertising Policy. If you do not wish to accept cookies from our website, or would like to stop cookies being stored on your device in the future, you can find out more and adjust your preferences here.