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ARTICLE · 06 FEBRUARY 2023

Copyrights And NFTs

This is the sixth installment of our 8-part series covering different phenomena in the field of cryptographic assets, and today it is time to have a look at copyrights regarding non-fungible tokens, i.e., NFTs.

FinlandIntellectual Property

This is the sixth installment of our 8-part series covering different phenomena in the field of cryptographic assets, and today it is time to have a look at copyrights regarding non-fungible tokens, i.e., NFTs.

In this brief article, we will guide you through the basics of NFT related copyright matters and highlight the new "Can't be Evil" license solutions released by Andreessen Horowitz in August 2022. The license package is freely available and specifically designed to serve the protection and administration of NFT related intellectual property rights.

What is an NFT?

Opposite to better known cryptographic assets, for example, cryptocurrencies such as Bitcoin and Ethereum, NFTs are unique and non-fungible to their nature. In other words, NFTs are unique digital identifiers recorded in a blockchain, commonly used to proof ownership and authenticity of a specific digital item.

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