article thumbnail

Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

The copyrights that subsist on an NFT are also governed with the help of a smart contract. The NFT space also serves as a breeding ground for copyfraud and copyright infringement. With the crypto market gaining attention and popularity, IP laws to specifically govern crypto spaces will most likely be created in the near future.

article thumbnail

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

IP and Legal Filings

Introduction Intellectual property entails the protection of legal rights for inventions and creations made by individuals or businesses using their minds. Such works of art benefit the creator, and they are protected by the law of intellectual property. These advantages can be made profitable for the owner.