Artwork Contracts Copying Due Diligence 
Traverse Legal Blog
APRIL 17, 2021
An NFT is a Smart Contract, meaning that it embeds specific basic contract terms in the NFT metadata that goes onto the blockchain. That Smart Contract, that token that can have unique data associated with it. You’ll also get digital collectible album artwork. “Who’s the owner? ” Enrico Schaefer.
Kluwer Copyright Blog
JUNE 19, 2023
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. Copyright that is transferred upon selling an NFT may explicitly be outlined in the self-executing smart contract governing the sale.
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Kluwer Copyright Blog
JULY 14, 2023
use of indigenous content, model contracts and/or national laws on limitations and exceptions). archival fonds shall not be subject to the same remuneration as unique artworks, as advocated by scholars ). No liability of GLAM if they comply with certain due diligence steps (akin to “safe harbor right statement“).
Traverse Legal Blog
APRIL 1, 2021
A non-fungible token allows you to put a smart contract onto the blockchain that is unique unto itself. Different types of information can be stored on a blockchain including ledger information and smart contracts. NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets.
Copyright Lately
MAY 6, 2022
NFTs were minted Money was advanced The underlying contracts Never got a glance Dreams of exploitation From Florida to France But no rights were acquired The kids don’t stand a chance. — “The Kids Don’t Stand a Chance, Aaron’s Version” ( with apologies to Vampire Weekend ). Buying Objects ? Buying Copyrights.
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