The growing market for non-fungible tokens has wrought confusion about their relationship to copyright law. Some of this is due to inexperience and misunderstandings among people minting NFTs, but much also has to do with the limitations of current copyright law and existing licenses.
One possible solution would be the creation of a special license for NFTs. For now, the lack of clarity will likely expose creators and traders to expensive lawsuits.
NFTs and copyright: Common Misconceptions
Many people, both minting and trading NFTs, believe that the owner of the NFT has a copyright on the image that has been minted, but this is incorrect. In law, two sorts of rights are involved – possession of a physical object and the representation of it.
For example, if you own a coffee mug, you can sell it to anyone, but once sold it leaves your possession, and you have no further rights. But you can also take a photograph of it and make as many copies as you want and sell those copies without s
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