[Consulting] Drafting Consulting Agreement for NFT Project

Law firm Veat was commissioned by blockchain company A to conduct legal review of the NFT project-related consulting agreement.

Law firm Veat carefully reviewed the consulting agreement for B사가 performing a comprehensive consulting service that includes all design materials that A will issue through the project, including NFT.

Based on the review results, the key provisions, including ▲ownership and intellectual property rights for all deliverables, ▲prohibition of sub-contracting, and ▲third-party rights non-infringement guarantee clause, were reflected from the client’s perspective.

In the case of a consulting service agreement, as the contractor and the service provider may have different understandings of the scope of work and deliverables, it is recommended to clearly state the mutually agreed-upon contract terms from a legal perspective to prevent future disputes.

Law firm Veat is providing guidance on the regulations that must be reflected from the client’s perspective based on its experience advising on various consulting service agreements. If you need legal review of consulting agreements or service agreements, please feel free to contact Law firm Veat at any time.

Thank you.

Law firm Veat.