As content-based NFT projects seek to provide NFT owners with value beyond being scarce collectibles, they should consider whether to grant owners rights to commercialize the content underlying the NFTs. By Ghaith Mahmood, Heather Lui, and Justin Tzeng As the ecosystem for non-fungible tokens (NFTs) continues to mature, the discourse around content-based NFTs[1] has increasingly … Continue Reading
An NFT is a special, one-of-a-kind digital asset that raises a number of novel legal questions. By Christian F. McDermott and Calum Docherty Earlier this month, a blockchain firm bought a US$95,000 print by the British street artist Banksy, only to burn it in a livestreamed video and re-sell it for US$380,000 as a virtual … Continue Reading
As the market heats up for art-related NFTs, buyers should be aware of limitations on their rights to use those works. By Ghaith Mahmood, Jordan Naftalis, and Veronica Ye The convergence of blockchain technology and creative intellectual property (IP) through a non-fungible token (NFT) is having a mainstream moment. Media stories abound with reports of … Continue Reading
