The Emerging Prominence of Non-Fungible Tokens (NFTs) and Copyright

Introduction: The NFTs and the Legal Puzzle The introduction of non-fungible tokens (NFTs) has significantly changed the digital economy by rebranding the system by which artists, musicians, and media content creators monetize their work. Worldwide NFT sales reached the mark of over 25 billion in 2021 and fell under that number in the 20222023 seasons. […]

When IP Becomes an NFT: The Indian Legal Crucible and the Specter of Platform Power

Introduction The process of tokenization of the Intellectual Property (IP) into the Non-Fungible Tokens (NFTs) provides an intriguing legal and economic paradox. In India, where the creative economy and rapidly digitizing consumer base are both thriving, the NFT market is not just a tokenistic gamification but a gateway to monetizing everything (including) digital art, music, […]

Non-Fungible Tokens and Their Foreplay in Intellectual Property Rights Arena

SUMMARY OF RIGHTS RELATING TO INTELLECTUAL PROPERTY An overview of intellectual property rights would be beneficial before delving into the paper’s subject matter. The safeguarding of intellectual property rights has grown in significance in the current globalised and knowledge-driven economy. The legal rights that safeguard intangible assets like inventions, literary and artistic creations, trademarks, and […]

From Art to Assets: The Rise of Non-Fungible Tokens (NFT) in the Digital Age

ABSTRACT A new digital phenomena has been sweeping the art world and the internet in recent months. Non-Fungible Tokens, or NFTs, are a topic of great interest that has attracted a lot of attention. NFTs are distinct and cannot be traded for another cryptocurrency on a like-for-like basis, in contrast to fungible cryptocurrencies like Bitcoin […]