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The interrelation between NFTs and Copyright

July 1, 2021
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The interrelation between NFTs and Copyright
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NFTs (nonfungible tokens) are the hot topic of 2021 and will possibly remain so throughout this decade, due to their technical properties.

Understood as one of the generators of digital technical scarcity due to their nonfungible, NFTs are digital certificates or digital authenticity seals that grant ownership of an asset represented as an NFT verifiable via blockchain entry.

The creator becomes the owner of the original file and, consequently, of a set of authorizations regarding the use of this NFT. Most NFTs are registered on Ethereum’s blockchain, a decentralized platform that supports the recording of extra information that differentiates an ETH (Ether – Ethereum’s cryptocurrency) from an NFT (unique asset).

An asset represented by NFT can be an immaterial asset, such as meme, tweet, GIF, digital artwork, music, electronic game prop (gun, clothes, etc.),…

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