‘Owning Metadata: Dispelling Copyright Misunderstandings About NFTs’

‘The Treachery of Images: Non-Fungible Tokens and Copyright’, Andres Guadamuz, 16 Journal of Intellectual Property Law and Practice 1367 (2021). In a memorable skit on Saturday Night Live, Pete Davidson-as-Eminem inquires about what a non-fungible token (‘NFT’) is and why they are selling for so much money. In this succinct article, ‘The Treachery of Images: Non-Fungible Tokens and Copyright’, Professor Guadamuz admirably answers the first question and explains why the second one is a puzzle. With respect to the market for NFTs, he explains why those using copyright law to capture the economic value in this emerging market often misunderstand how distinct the exclusive rights under copyright are from ownership of a non-fungible token on a blockchain … (more)

[Michael W Carroll, JOTWELL, 14 September 2022]

Leave a Reply