Posts tagged intellectual property law
The Andy Warhol of Cryptocurrency: Legal Pursuit of Non-Fungible Tokens

The works of Andy Warhol are known for their popular element and pragmatic flair. Not unlike blockchain technology, the repetitive faces of Marilyn Monroe are an appealing democratization of society’s likenesses. Indeed, both pose questions about cultural and individual copyright, and whether popularity excuses infringements on ownership. Cryptocurrency has given birth to a new form of technology responsible for enormous growth in the art trade and an accompanying slew of legal discrepancies. Non-fungible tokens, or NFTs, are a revolutionary kind of digital ledger that allows creators of art and music to tokenize unique online assets of their work. [1] Yet they come almost as an anachronism to a legal environment not entirely prepared to regulate them. [2]

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