DIGITAL PATENT AI STANDARD LICENSING AGREEMENT

Last Updated: August 2026

Welcome to Digital Patent AI. This Standard Licensing Agreement (the "Agreement") governs the digital rights transfer, tokenization, and secondary trading of intellectual property ("IP") on our platform.

1. DIGITAL NOTARY AND INTERFACE OF TRUTH

Digital Patent AI acts solely as a digital notary and independent technical registrar, providing a bridge between blockchain-based smart contracts (Web3) and traditional legal rights (Web2). We provide the software interface; we are not a party to the actual IP transaction.

2. LEGAL BINDING OF TOKENS (RICARDIAN CONTRACT)

The person or entity holding the rights to use (Non-Exclusive), or the exclusive rights to (Exclusive), the Intellectual Property is legally recognized as the person or entity controlling the cryptographic wallet that currently holds the corresponding Digital Token issued by the platform's smart contract. Ownership of the Token constitutes irrevocable proof of the associated license.

3. TRANSFER OF RIGHTS AND SMART LOCK MECHANISM

Upon the secondary transfer of a Digital Token, all legal rights specified in this Agreement are automatically, immediately, and irrevocably transferred to the new wallet holder. Furthermore, all parties acknowledge the "Smart Lock" mechanism: upon the sale of an Exclusive Token (Token B), the smart contract automatically prevents any future primary issuance of Non-Exclusive licenses (Token A) by the original IP owner.

4. PLATFORM LIABILITY AND "AS-IS" DISCLAIMER

Digital Patent AI does not verify, guarantee, or take responsibility for the legal validity, enforceability, or commercial value of the underlying patent or IP. All digital assets are provided on an "AS-IS" and "AS-AVAILABLE" basis. Our role is strictly as an independent technical registrar. We are not liable for any patent infringement claims, disputes between buyers and sellers, or invalidation of the patent by national patent offices (e.g., USPTO, EPO).

5. UPLOADER'S WARRANTY AND INDEMNIFICATION

By paying the listing fee and uploading IP to the platform, the Creator (Uploader) warrants that they are the sole and lawful owner of the IP, and that the IP does not infringe upon the rights of any third party. The Creator agrees to fully indemnify and hold Digital Patent AI harmless from any legal claims, damages, or legal fees arising from fraudulent uploads, stolen IP, or expired patents.

6. NATURE OF THE TOKEN (NOT A FINANCIAL SECURITY)

The Digital Tokens issued on this platform represent software licenses and commercial IP rights. They are not intended to be, and shall not be construed as, financial securities, investment contracts, shares, or equities under any jurisdiction's regulatory framework (including the US SEC). Buyers purchase these tokens for commercial utility, IP strategy, or B2B licensing purposes.

7. TECHNOLOGICAL RISKS AND LOST KEYS

The platform does not have custody over user wallets. Users are solely responsible for securing their private keys or authentication credentials. Digital Patent AI cannot recover, freeze, or reissue a Digital Token if a user loses access to their cryptographic wallet or sends the token to an incorrect address.

8. GOVERNING LAW AND DISPUTE RESOLUTION

Any disputes arising from the use of the platform's infrastructure shall be governed by the laws of: the State of Delaware, USA. Any disputes regarding the actual patent rights must be resolved directly between the Buyer and the Seller.