Art Artwork Due Diligence Ownership 
Traverse Legal Blog
APRIL 17, 2021
What are the terms by which you are selling the NFT and licensing your work, the art you put into the platform that’s going to be attached to the NFT? SuperRare – Curated artists – a premier destination in the NFT art – quality over quantity. Was that ownership transferred, and if so, to whom?
IPilogue
JUNE 13, 2022
Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art. Listing someone else’s artwork on an NFT marketplace is as simple as saving a copy of the work from an artist’s website or social media platform and uploading it onto a marketplace where it is minted into an NFT.
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LexBlog IP
APRIL 25, 2022
On February 4, 2022, the Treasury Department published its Study on the Facilitation of Money Laundering and Terror Finance Through the Trade in Works of Art (the “Report”). [1] Yet the Report also discussed how the art market remains susceptible to money laundering and describes how market participants can minimize this risk.
Kluwer Copyright Blog
JUNE 19, 2023
Image by Tumisu via Pixabay Non-fungible tokens (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.
Traverse Legal Blog
MARCH 8, 2022
art, photograph, video, NFT asset). The art inside the gallery is protected by COpyright law. Due diligence is critical. Copyrights protection for the artwork itself is also critical. BASIC project’s listing agreement is internally inconsistent on the issue of ownership.
LexBlog IP
NOVEMBER 6, 2023
In August 2023, the New York District Attorney’s (NYDA) Antiquities Trafficking Unit, which specializes in investigating looted artifacts, seized a headless statue valued at $20 million from the Cleveland Museum of Art (CMA) under a search warrant issued by a New York court. Ownership Interest In the case of Republic of Croatia v.
Copyright Lately
MAY 6, 2022
The same rule applies to digital artworks sold as NFTs. It would have taken a bit of due diligence, but not much. Here’s the first clause, section (i), dealing with ownership of the Bored Ape NFTs: “i. When you purchase an NFT, you own the underlying Bored Ape, the Art, completely. Definitely.
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