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

IP and Legal Filings

Such works of art benefit the creator, and they are protected by the law of intellectual property. Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyright law. vii] NFTs are prone to “copyfraud” and other violations of the moral rights of the inventor.

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Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

The trademark laws used to regulate cryptocurrency-related marks are in their nascent stage. The NFT space also serves as a breeding ground for copyfraud and copyright infringement. However, this can be prevented with stringent IP laws in place. Instead, it is classified as a medium of exchange.