Please use this identifier to cite or link to this item: https://hdl.handle.net/10356/180693
Title: Rights in NFTS and the flourishing of NFT marketplaces
Authors: Tan, Corinne
Keywords: Law
Issue Date: 2024
Source: Tan, C. (2024). Rights in NFTS and the flourishing of NFT marketplaces. International Journal of Law and Information Technology, 32(1). https://dx.doi.org/10.1093/ijlit/eaae018
Project: NTU SUG 
Journal: International Journal of Law and Information Technology 
Abstract: As non-fungible tokens (NFTs) become more commonly collected, questions arise as to the rights owned by purchasers of NFTs. Do NFTs fall under the following categories: real or personal properties; securities or commodities; or copyright works? Many scholars have gone into great detail in these respects, but not looked at the NFT marketplaces on which NFTs are purchased. They have argued that rights in NFTs are analogous to rights in property, securities and copyright’s exclusive bundle of rights, among other things. In this article, I go further to examine selected marketplaces OpenSea and Rarible’s user policies and interfaces, to garner insight on the rights NFT purchasers have. I also examine the latest developments, including cases decided on NFTs, as well as practical developments on the marketplaces, including the introduction of selected licences for NFT projects. Thereafter, I conclude on the rights NFT purchasers hold, the relevance of the copyright system and ultimately, what could support the flourishing of NFT marketplaces.
URI: https://hdl.handle.net/10356/180693
ISSN: 0967-0769
DOI: 10.1093/ijlit/eaae018
Schools: Nanyang Business School 
Rights: © The Author(s) 2024. Published by Oxford University Press. This is an Open Access article distributed under the terms of the Creative Commons Attribution License (htps:// creativecommons.org/licenses/by/4.0/), which permits unrestricted reuse, distribution, and reproduction in any medium, provided the original work is properly cited.
Fulltext Permission: open
Fulltext Availability: With Fulltext
Appears in Collections:NBS Journal Articles

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