This chapter examines the legal implications of NFTs in the digital art market. NFTs, which use blockchain technology to represent ownership of unique digital assets, offer transparency and authenticity but do not automatically include copyright rights. The analysis highlights a growing convergence between common law and civil law systems in recognizing NFTs as a form of digital property. However, legal issues persist, particularly regarding copyright and ownership rights. The chapter calls for legal updates to address these challenges while noting the potential of NFTs to enhance the art market and provide new income opportunities for artists.
Alpini, A., Wang, J. (2024). The creation and distribution of artwork in digital market. In C.E. Pupo (a cura di), Diritto ed economia. Un ponte tra Europa e Repubblica popolare cinese. Atti del Convegno internazionale del 28-29 ottobre 2022 (pp. 79-102). Napoli : Editoriale Scientifica.
The creation and distribution of artwork in digital market
A. Alpini;
2024-01-01
Abstract
This chapter examines the legal implications of NFTs in the digital art market. NFTs, which use blockchain technology to represent ownership of unique digital assets, offer transparency and authenticity but do not automatically include copyright rights. The analysis highlights a growing convergence between common law and civil law systems in recognizing NFTs as a form of digital property. However, legal issues persist, particularly regarding copyright and ownership rights. The chapter calls for legal updates to address these challenges while noting the potential of NFTs to enhance the art market and provide new income opportunities for artists.
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https://hdl.handle.net/11365/1278146
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