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. […]
The Rise of Celebrity NFTs And The Legal Grey Zone Of Image Rights.
NFTs (Non-Fungible Tokens) basically are digital assets which can be in form of videos, photos, game items etc. and are somewhat similar to cryptocurrencies but with different demand and supply game. Both work on blockchain technology. With the emergence of NFTs in mainstream media, it caught the attention of many celebrities when they understood the […]
Metaverse – A Challenge To The Copyright Law
Introduction “Everything that you can imagine is real”. These words by Pablo Picasso can be said to have gained reality with the recent development of a ‘virtual word’ parallel to our own real world- the Metaverse. The term “Metaverse” has gained popularity recently and is often being referred to as the ‘second internet. The idea […]
Crypto Coins and Metaverse: Does the World Need a Sci-Fi Turned Reality?
Crypto Coins and Metaverse: Technological advancements have always been signifying of the boundless dimensions human minds can travel. Being the curious beings we are, humans have never failed to leave a feather untouched or a stone unturned. Be it through years of dedication and hard work or by accident, inventions and discoveries have only pushed […]
Creators’ Paradise: Non-fungible Tokens
Introduction Non-Fungible Tokens (hereinafter, NFTs) have seen a meteoric rise in their usage and have been linked to all types of creative works such as photographs, tweets, music albums, and other varied digital media. Garnering such stature, with an NFT for an animated GIF selling for more than $500,000, an NFT for digital art snapping […]