NFTs: promisingly transformational, yet fraught with IP pitfalls – Part I
Kluwer Copyright Blog
JUNE 19, 2023
Specifically, a group called Spice DAO purchased an NFT displaying a copy of filmmaker Alejandro Jodorowsky’s ‘Dune’ for $3 million, assuming it would grant them the ability to produce derivative works, such as an animated Dune series. It shows ‘the intent to sign’ and legally digitally captures the acceptance of a binding contract.
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