Artwork Copyfraud Government Inventor 
IP and Legal Filings
JANUARY 23, 2023
NFTs are governed by smart contracts, which divide ownership and limit transferability. As a result, the Indian Copyright Act, 1957 grants the owner of the artwork or the licensee sole rights to discharge copyrights that have already accrued under the statute. iii] NFTs are limited to having a single owner.
IP and Legal Filings
SEPTEMBER 8, 2021
NFTs may be represented in the form of memes, artworks, or videos. Since blockchain plays a pivotal role in the crypto market, several inventors have attempted to legally protect the various components of blockchain technology using patents. The copyrights that subsist on an NFT are also governed with the help of a smart contract.
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