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NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

You’ll also get digital collectible album artwork. You will provide the NFT attached to your private key to Kings of Leon to receive your artwork, your album, and your digital download link. On the Kings of Leon NFT sale site, you can identify the owner and other due diligence information. ” Enrico Schaefer.

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Croatia’s Coin Copycat Controversy

Plagiarism Today

Users on Twitter began to notice similarities between Pranjkovic’s artwork and a photograph taken by Scottish photographer Iain Leach. It’s about performing due diligence and considering these issues before they become a problem. However, the announcement did not go over well once it was made public.

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Fatal Mistakes Made By The ‘Bored Ape Yacht Club’ & ‘Crypto Punks’ NFT Projects

Traverse Legal Blog

Due diligence is critical. Copyrights protection for the artwork itself is also critical. Any NFT project offering Apes are derivative of the artwork for the Bored Ape yacht CLub are potentially infringing the BAYC’s copyrights. What Rights Are Licensed To Purchasers Buying NFTS?

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NFT Lawyer: Legal Risks with ‘Non-Fungible Tokens’

Traverse Legal Blog

NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets. People will bid on an NFT, a non-fungible token, associated with a piece of digital artwork. Sometimes they’re not going to get what they paid for, or the digital artwork will disappear.

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Copyrighting the Ogopogo Monster: The © story behind the news story

The IPKat

There were 18 registered copyrighted works related to the Ogopogo, including books, posters, artwork, videos (in some cases, supposedly of the creature itself) and dramatic works. Apparently, it was out of an excess of caution and due diligence, just in case there might be a challenge.

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NFTs: promisingly transformational, yet fraught with IP pitfalls – Part I

Kluwer Copyright Blog

The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate due diligence 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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How to Avoid Pitfalls on the Way to Decentralized Disney

Copyright Lately

The same rule applies to digital artworks sold as NFTs. It would have taken a bit of due diligence, but not much. In section (i) of the terms, Yuga seems to be saying that when you buy a Bored Ape, you own the NFT (the token) and the digital artwork that’s associated with the NFT. Definitely.