Communication (right of), Distribution (right of), European Union, Exhaustion, NFTs, United Kingdom

(KU Leuven Brussels) and (City, University of London)/ /Leave a comment

Part I of this blog introduced the first of three ambiguities NFT purchasers may face. In this part II we discuss two additional aspects, with a focus on UK copyright law and the EU copyright acquis.   The First Sale Doctrine in the Metaverse The first sale doctrine, also referred to as the ‘principle of…

European Union, NFTs, Ownership, United Kingdom

(KU Leuven Brussels) and (City, University of London)/ /Leave a comment

Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm. Although frequently misconstrued, this technology represents an exceptional advancement that can yield enormous revenue streams for both creators and consumers by altering the digital representation of…