TROLL Meme Coin Secures Six-Figure Deal for Trollface Copyright License

The deal grants the Solana-based meme coin exclusive worldwide rights to use the Trollface meme in branding, merchandise, and more.

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Summary

The team behind Solana's TROLL meme coin has signed a six-figure licensing agreement with Trollface creator Carlos Ramirez, securing exclusive IP rights for the iconic meme. Ramirez will earn an 11% royalty on net revenue from future TROLL merchandise. The deal follows similar licensing agreements in the meme coin industry, emphasizing the importance of legal protection for brand assets.

Terms & Concepts
  • Meme Coin: A cryptocurrency based on internet memes or pop culture phenomena, often created as a novelty or community-driven project rather than for utility.
  • Intellectual Property (IP) License: A legal agreement granting permission to use copyrighted material, such as a meme, under specified conditions and for defined purposes.