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NFTs: promisingly transformational, yet fraught with IP pitfalls – Part I

Kluwer Copyright Blog

Specifically, a group called Spice DAO purchased an NFT displaying a copy of filmmaker Alejandro Jodorowsky’s ‘Dune’ for $3 million, assuming it would grant them the ability to produce derivative works, such as an animated Dune series.

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Digital collections from GLAM institutions: Policy Paper

Kluwer Copyright Blog

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 ). The Policy paper does not aspire to be carved out in stone but rather represents a work-in-progress that can be updated into a 2.0

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

IP and Legal Filings

In today’s digital world, a lot of data and information have been shared online and are susceptible to corruption and copying. NFTs are governed by smart contracts, which divide ownership and limit transferability. Blockchain technology allows smart contracts to operate, ensuring the integrity of all sent and received data. [iv]

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NFTs and its Relationship with IP Rights

IP and Legal Filings

Many aspiring artists have now started converting their physical and digital artworks into NFTs and putting it up for sale, with many making considerable profits. NFTs have sparked several discussions raising questions on how this would affect IP Rights and what ownership of artwork, especially digital copies of artwork entails.

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Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

NFTs may be represented in the form of memes, artworks, or videos. Smart contracts are contracts that are used to regulate NFT transactions. The copyrights that subsist on an NFT are also governed with the help of a smart contract. In the NFT space, a buyer is granted ownership over a copy of a digital artifact.