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This NFT Contract serves as a crucial legal framework for transactions involving non-fungible tokens under Dutch jurisdiction. It is specifically designed for use when creating, selling, or transferring NFTs in compliance with Dutch and EU regulations. The document encompasses essential elements such as smart contract specifications, intellectual property rights, platform requirements, and regulatory compliance measures. It's particularly relevant in today's digital asset landscape where clear legal documentation is vital for NFT transactions. The contract addresses key concerns including ownership rights, technical implementation, royalty structures, and platform integration, while ensuring compliance with Dutch contract law, EU digital asset regulations, and data protection requirements. It's structured to provide comprehensive protection for all parties involved in NFT transactions while maintaining flexibility for various use cases across different industries.

1. Parties: Identification of the contracting parties including NFT creator/seller and buyer

2. Background: Context of the NFT creation and sale, including purpose and intent

3. Definitions: Detailed definitions of technical and legal terms including 'NFT', 'Smart Contract', 'Blockchain', 'Token Standard'

4. Subject Matter: Description of the NFT, including its unique characteristics and token ID

5. Creation and Minting: Technical specifications of NFT creation and minting process

6. Transfer of Rights: Terms governing the transfer of NFT ownership and associated rights

7. Intellectual Property Rights: Specification of IP rights transferred and retained

8. Representations and Warranties: Guarantees regarding ownership, originality, and non-infringement

9. Payment Terms: Price, payment method, and currency specifications

10. Platform Terms: Rules and conditions of the NFT platform or marketplace

11. Regulatory Compliance: Compliance with relevant laws including AML and tax regulations

12. Risk Disclosure: Disclosure of technical and market risks associated with NFTs

13. Governing Law and Jurisdiction: Specification of Dutch law application and jurisdiction

14. Termination: Conditions for contract termination or NFT burning

15. General Provisions: Standard legal provisions including severability and entire agreement