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The same rule applies to digital artworks sold as NFTs. It would have taken a bit of duediligence, but not much. Want to Create New DerivativeWorks? What you can’t do is make your own “Dune” movie. For that, you’d need an assignment or license from the owner of the underlying copyright.
NFTs can be based on three-dimensional items or artwork, or can be purely digital creations—for example, a collectable digital sneaker or a token used in a videogame. Most NFTs are protected under US Copyright Law as creative works and/or may be derivativeworks based on pre-existing copyright-protected works.
NFTs can be based on three-dimensional items or artwork, or can be purely digital creations—for example, a collectable digital sneaker or a token used in a videogame. Most NFTs are protected under US Copyright Law as creative works and/or may be derivativeworks based on pre-existing copyright-protected works.
The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate duediligence in determining what rights are granted when procuring an NFT. For instance, CrypToadz is a prominent CC0 NFT project wherein the artwork related to the NFT is in the public domain.
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