article thumbnail

Non-fungible tokens (NFTs) and copyright

WIPO Magazine

This year, NFTs (non-fungible token), the latest hype in the world of distributed ledgers and cryptocurrencies, have taken the art and tech worlds by storm. But what are the implications for copyright, if any?

article thumbnail

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

Traverse Legal Blog

‘NFT’ stands for non-fungible token. NFT lawyer Enrico Schaefer covers the following topics in this informative article about non-fungible tokens. What is a Non-Fungible Token (NFT)? NFTs are tokens. Every bitcoin is the same and fungible and interchangeable.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

Copyrights safeguard the artists’ rights in the inventive and imaginative content that abounds in digital media. Image Sources : Gettyimages] One of the important issues in online is copyrights. One such area where copyright violations are common is the internet. These advantages can be made profitable for the owner.

article thumbnail

Protection of Non-Fungible Tokens in Vietnam

IP and Legal Filings

NFTs ( Non-fungible token ) are digital assets that represent tangible or intangible items, built on existing or newly-created blockchain networks. Since each NFT has a unique encoding, unlike cryptocurrencies with fungible properties, its denomination is based on the quantity and uniqueness of each item. Introduction.

article thumbnail

The Legal Governance Of Non-Fungible Tokens- Analysing Which Field Of Law Should Govern Nfts

IP and Legal Filings

In this paper, it is argued that Private-property law must be the field of law governing transactions involving Non-Fungible Tokens. 3] This standard is the result of extremely contentious copyright rulings. When parties transfer Non-Fungible tokens, we’re dealing with something that resembles personal property law.

article thumbnail

Can We Reexamine the Role of Blockchain in Copyright Now?

Plagiarism Today

However, those familiar with copyright law, immediately began to point out flaws in the plan. However, for artists, rightsholders and those familiar with copyright, it was completely predictable. A rethinking of blockchain and crypto’s role in copyright, and an examination of both if and how it might actually help.

Copyright 279
article thumbnail

3 Count: Paparazzi Lawsuit

Plagiarism Today

1: After Settling with Justin Bieber and Ariana Grande, Photographer Sues Miley Cyrus for Copyright Infringement. 2: China to Crack Down on Copyright Infringement Through NFTs. 3: Chris Brown ‘No Guidance’ Copyright Lawsuit Dropped By Accuser. Have any suggestions for the 3 Count? Let me know via Twitter @plagiarismtoday.