Remove Artwork Remove Copying Remove Copyright Infringement Remove Due Diligence
article thumbnail

Blurred Lines: How the Lack of Regulation of NFT Platforms Has Fueled Rampant Art Theft

IPilogue

Artists in the digital space have always been vulnerable to the unauthorized distribution, copying, and sale of their work. 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.

article thumbnail

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

Kluwer Copyright Blog

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. For instance, CrypToadz is a prominent CC0 NFT project wherein the artwork related to the NFT is in the public domain.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Digital collections from GLAM institutions: Policy Paper

Kluwer Copyright Blog

archival fonds shall not be subject to the same remuneration as unique artworks, as advocated by scholars ). GLAM, in jurisdictions where digitized copies are copyrightable, should attempt to negotiate the necessary licenses with the initial rights holders to allow exploitation of these images by the public. Proposal 4.

article thumbnail

NFT Lawyer: Legal Risks with ‘Non-Fungible Tokens’

Traverse Legal Blog

NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets. That signed painting is going to be worth a lot more than a print copy or an unsigned version of that painting. People will bid on an NFT, a non-fungible token, associated with a piece of digital artwork.

article thumbnail

“For Sale: This Article”: an overview of non-fungible tokens (NFTs) and IP

IP Whiteboard

NFTs have a variety of uses which extend far beyond digital artwork. You then upload a copy of the digital work that you want to represent in NFT-form to the NFT marketplace, pay a transaction fee and click ‘create’. million USD sale of his “Warrior” painting, which became the most expensive Western artwork sold in Asia.