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Still, the straightforward process for creating non-fungibletokens (NFT) has accelerated the theft of digital art. Copyrightlaw provides recourse to authors who feel their work has been minted into an NFT without permission, but as copyright attorney Nelson Rosario cautions, “IP considerations get very complex very quickly.”
Today, we’re going to talk about non-fungibletokens (NFTs). The image of the Crypto Punk linked to the NFT placed on to the blockchain is copyright protected. The art inside the gallery is protected by COpyrightlaw. The digital asset that goes along with the NFT sale is potentially copyrightable.
Image by Tumisu via Pixabay Non-fungibletokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm. In Part II we will discuss other copyrightlaw implications of NFTs.
Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungibletokens. While NFT-related marks are clearly protected under US law, the laws of other countries might differ.
Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungibletokens. While NFT-related marks are clearly protected under US law, the laws of other countries might differ.
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