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ARTICLE · 07 DECEMBER 2021

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NFTs: Beware Of IP Rights

Withers LLP
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NFTs have been a growing trend in the last couple of years. From art to sports, from fashion to videogames, they are expanding from market to market, and the data on their use and prices suggests...

United KingdomIntellectual Property
Jacopo Liguori
Jacopo Liguori
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NFTs have been a growing trend in the last couple of years. From art to sports, from fashion to videogames, they are expanding from market to market, and the data on their use and prices suggests that they are likely to stay.

Even if they suffer from some minor technical restrictions, NFTs can be used in an array of ways, enriching buyers' and users' experiences while taking advantage of the momentum behind cryptocurrencies, the blockchain and the whole Web3 ecosystem.

NFTs have now been used by different actors, from companies to institutions, so that one may assume that they are well-tested and good-to-go. Nonetheless, they still move in an uncharted territory when it comes to intellectual property rights.

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