The world's first completed copyright case of NFT works: Shenzhen Golden Idea Cultural and Creative Co., Ltd. v Hangzhou Bigverse Technology Co., Ltd

11 Pages Posted: 7 Jun 2024

See all articles by Hong Wu

Hong Wu

NingboTech University

Date Written: October 12, 2023

Abstract

is the world's first completed case about copyright infringement of non-fungible token (NFT) works in which a final judgment has been rendered. In this case, the Chinese court explored many legal issues related to NFT works based on an in-depth investigation of NFTs' transaction process and business model. First, it clarified the legal nature of NFT works. Second, it made explicit judgments on the rights and obligations of related parties such as users, internet platforms, NFT distributors and copyright owners. Third, it clarified the duty of care and legal responsibilities of NFT trading platforms. Lastly, it affirmed the measure of disconnecting the link and blackholing the address of the uploaded NFT information to maximize the effect of stopping the dissemination of infringing content.

Keywords: NFT works, copyright, the right of information network dissemination, NFT trading platform, duty of care

Suggested Citation

Wu, Hong, The world's first completed copyright case of NFT works: Shenzhen Golden Idea Cultural and Creative Co., Ltd. v Hangzhou Bigverse Technology Co., Ltd (October 12, 2023). Queen Mary Journal of Intellectual Property, volume 13, issue 3, 2023 [10.4337/qmjip.2023.03.05], Available at SSRN: https://ssrn.com/abstract=4856094

Hong Wu (Contact Author)

NingboTech University ( email )

NingboTech University
1 Qian Hu Road
Ningbo, zhejiang 315100
China

Do you have a job opening that you would like to promote on SSRN?

Paper statistics

Downloads
7
Abstract Views
38
PlumX Metrics