Copyright Considerations With NFTsCopyright Considerations With NFTs
As more clients acquire and collect non-fungible tokens, practitioners need to be on the look out for certain issues.
Recently, visual artists and other content creators have increasingly minted non-fungible tokens (NFTs) of their artwork and other creative property and offered the NFTs for sale. With more clients purchasing and collecting NFTs, which then become part of those clients’ asset portfolios, practitioners need to be able to spot potential copyright issues that may arise. Here are some copyright considerations in connection with such NFT sales.
Minting an NFT
What does it mean to “mint” an NFT? An NFT is a unique, digital certificate that’s stored on a blockchain and provides a digital record of ownership rights. The associated asset can be either physical or digital, such as a digital artwork. Typically, a blockchain doesn’t store the actual d...
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