Credit: Sashkin/Shutterstock Attorneys See Growing Legal Battles as Key to NFT Market's Maturity
A growing tide of lawsuits against NFT creators alleging they don't own the IP rights linked to their token may go a long way in helping the NFT market gain clarity on fair use and IP infringement issues.
March 02, 2022 at 10:00 AM
5 minute read
There is leeway in the current framework of intellectual property law to accommodate non-fungible tokens (NFTs)—the market just doesn't know it yet. A growing number of lawsuits against NFT creators, disputing the underlying rights to intellectual property linked to their digital token, is likely to help iron out the legal questions surrounding these blockchain-backed assets.
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