5 ms·
This is arguing against a strawman. 1. Most NFT marketplaces, on which the vast majority of NFTs are sold, provide a default IP license and/or allow custom IP
by berberous 5y ago
This is arguing against a strawman.
1. Most NFT marketplaces, on which the vast majority of NFTs are sold, provide a default IP license and/or allow custom IP licenses: https://www.natlawreview.com/article/nft-license-breakdown-exploring-different-marketplaces-and-associated-license-issues https://www.natlawreview.com/article/nft-license-breakdown-e...
There are some growing pains to be sure, but by and large, NFTs come with an IP license, despite your belief to the contrary.
Your argument is akin to someone ranting, after the development of photographic prints, that a print is a malicious lie and you do not own anything in any legal or moral sense.
2. Increasingly, most savvy NFT projects provide, and savvy buyers demand, even greater IP rights. For example, here are the IP terms for Bored Ape Yacht Club (one of the top NFT projects in the space): https://boredapeyachtclub.com/#/terms https://boredapeyachtclub.com/#/terms
Note that BAYC grants the NFT holder not only a license to use and re-sell the NFT, but the right to commercially exploit and create derivatives of the image itself.