When you buy an NFT, you don't completely own it – here's why
By Dinusha Mendis, Professor of Intellectual Property and Innovation Law and Acting Deputy Dean (Research), Faculty of Media and Communication, Bournemouth University
NFTs or non-fungible tokens first captured the public imagination when a digital collage by an artist named Beeple sold for US$69 million (£51 million) at Christie’s in March 2021. Since then, there has been an explosion in the use of these units for storing digital content, which are bought and sold using online ledgers known as blockchains.
Since that initial connection with art, we are seeing NFTs being used in numerous other ways. Notably, many are being…
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- Tuesday, August 24, 2021