NFT marketplace – a market of fake artworks? Addressing the international regulatory vacuum of NFT
Issued Date
2023-01-01
Resource Type
ISSN
20447663
eISSN
20447671
Scopus ID
2-s2.0-85175006255
Journal Title
International Journal of Public Law and Policy
Volume
9
Issue
4
Start Page
375
End Page
384
Rights Holder(s)
SCOPUS
Bibliographic Citation
International Journal of Public Law and Policy Vol.9 No.4 (2023) , 375-384
Suggested Citation
Stasi A., David T.W.C. NFT marketplace – a market of fake artworks? Addressing the international regulatory vacuum of NFT. International Journal of Public Law and Policy Vol.9 No.4 (2023) , 375-384. 384. doi:10.1504/IJPLAP.2023.134277 Retrieved from: https://repository.li.mahidol.ac.th/handle/123456789/90927
Title
NFT marketplace – a market of fake artworks? Addressing the international regulatory vacuum of NFT
Author(s)
Author's Affiliation
Other Contributor(s)
Abstract
The COVID-19 pandemic has driven art buyers and collectors to purchase artworks online. As galleries are closed, art buyers choose to go online to purchase art in a digital form. An artwork that is made by a creator or an artist is initially placed into the cyberspace by uploading it. This is a process known as minting or uploading the artwork into an online marketplace for sale. In some circumstances, however, the person uploading the artwork onto the online marketplace for digital products is not the copyright owner of the artwork and does not have permission to do so. When this happens, an infringement of copyright occurs. The purpose of this paper is to discuss the ability of national legislatures to prevent such copyright infringement and make recommendations.