NFT, Copyright; and Intellectual Property Commercialisation

Ifeanyi E Okonkwo, NFT, copyright and intellectual property commercialization, International Journal of Law and Information Technology, 2021;, eaab010, https://doi.org/10.1093/ijlit/eaab010

Posted: 1 Jun 2021 Last revised: 13 Dec 2021

See all articles by Ifeanyi E. Okonkwo

Ifeanyi E. Okonkwo

University of Cape Town, Faculty of Law; NAU, Faculty of Law

Date Written: May 29, 2021

Abstract

The invention of disruptive technologies broadens the horizon of opportunities for intellectual property owners. The very idea of selling copyright works in a digital space and using the same to form a digital currency is disruptive. This is one opportunity Non-Fungible Token (NFT) offers. But that disruptiveness raises certain questions and provoke the consciousness to wonder if NFTs are a form of intellectual property, or whether NFT would shift the paradigm of copyright law as we know it. Governments through her agencies are also caught in the unrestlessness of deciphering what NFT means and whether it holds any value for intellectual property. This article will address the relationship between NFT and copyright, the forseeable problems and solutions, and how NFTs are channels for intellectual property commercialisation.

Keywords: NFT copyright, NFT and intellectual property, copyright commercialization, Ifeanyi E Okonkwo

JEL Classification: K11, K12, K10, K20,

Suggested Citation

Okonkwo, Ifeanyi E. and Okonkwo, Ifeanyi E., NFT, Copyright; and Intellectual Property Commercialisation (May 29, 2021). Ifeanyi E Okonkwo, NFT, copyright and intellectual property commercialization, International Journal of Law and Information Technology, 2021;, eaab010, https://doi.org/10.1093/ijlit/eaab010, Available at SSRN: https://ssrn.com/abstract=3856154 or http://dx.doi.org/10.2139/ssrn.3856154

Ifeanyi E. Okonkwo (Contact Author)

NAU, Faculty of Law ( email )

Enugu-Onitsha Expressway
PMB 5025
Awka, DE Anambra State 234
Nigeria

HOME PAGE: http://https://unzik-edu.academia.edu/EmmanuelOkonkwo

University of Cape Town, Faculty of Law ( email )

Private Bag X3
Rondebosch, Western Cape 7701
South Africa

HOME PAGE: http://https://unzik-edu.academia.edu/EmmanuelOkonkwo

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