Within the disruption of Web3, tokenization presents new challenges, especially related to asset and rights management. As a growing number of assets are tokenized, it’s becoming increasingly essential to have secure and reliable solutions for managing Web3 assets. For brands to successfully adopt Web3 technology, not only will they have to navigate a host of technology issues and business issues, but they will also have to be smart and strategic about legal issues, particularly in terms of intellectual property (IP).
In traditional business models, ownership and usage rights are typically managed through contractual agreements and intermediaries such as lawyers and agents. Additionally, IP such as patents, trademarks, and copyrights, are what provide legal protection and maintain a company’s creations and branding. With the borderless nature of Web3, where lines between ownership, usage, and licensing are blurred, new approaches are crucial to ensure that ownership and usage rights are adequately defined and enforced.
For asset issuers, MarketMaker’s TRM technology provides a flexible set of tools that can be tailored to the specific needs of each asset. This includes the ability to customize token parameters, such as specifying limits on the token supply, setting pricing, and setting distribution parameters. TRM also adds a secure solution for managing token transfers, which enables asset issuers to enforce transfer restrictions based on regulatory requirements or other criteria.
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