Legal Review on NFT License and Contract Writing

Will minting (producing, issuing) NFTs of existing work encroach the work’s rights of transmission and reproducing?

In the NFT environment, apart from the fact that the ownership of the copied creations technically belongs to the secondary creator, the copyright for the original creation still exist. This may result in legal disputes and require detailed examination. Especially in the current situation where the legal definition of NFT is vague, copyright disputes are more likely to happen.

In such cases, a clear legal relationship needs to be set according to the rights-relation with the copyrighter. An examination on whether the NFT is issued to verify the ownership of the original creation or to cite the ownership of the NFT’s data is crucial. Cha & Kwon provides the best legal solutions optimal at the present situation by inspecting NFT ownership issue from diverse angles.