PDF Publication Title:
Text from PDF Page: 005
painting under copyright’s first sale doctrine) but would not own the copyright in the painting. In this circumstance, if the purchaser minted an NFT of the painting, such act would likely constitute infringement. Given the above, you should review an NFT to determine: • Which copyright(s), if any, are implicated by the NFT • Whether the party transferring the NFT owns the copyright(s) • Whether the transferor (if the lawful owner) wishes to transfer copyright ownership with the NFT If there are no ownership or infringement issues and the transferor wishes to transfer copyright ownership along with the NFT, they might wish to divide the various rights associated with a copyright (known as exclusive rights) and parcel them out to different holders. These rights include the rights of: • Reproduction • Distribution • Adaptation • Performance • Display See Exclusive Rights of Copyright Owners. For example, with respect to music minted into an NFT, you could draft the associated smart contract with provisions that provide performance rights only to the purchaser of the NFT while retaining all other rights for the artist, who could then sell one of those other rights (such as the synch rights) to a different purchaser of a separate NFT. The open nature of the blockchain means it is relatively easy to track these various rights as they pass from party to party and makes tracking any associated royalty streams relatively easy compared to current standards. For more on music contracts, see Music Contracts. Lastly, note that NFTs themselves are likely not copyrightable, given that U.S. law requires works of authorship to be “fixed in any tangible medium of expression” to be eligible for copyright protection. See 17 U.S.C. § 102(a). NFTs themselves are intangible and are therefore likely outside the scope of U.S. copyright law. Related Content Practice Notes • Virtual Currency, Bitcoin, and Cryptocurrency Resource Kit • Virtual Currency State Law Survey • DMCA Compliance and Enforcement • DMCA Safe Harbor for User-Generated Content • Copyright Fundamentals • Works Made for Hire • Transfers of Copyright Ownership • Assignments of Copyrights • Exclusive Rights of Copyright Owners • Music Contracts Annotated Forms • Website Copyright Policy • DMCA Take-Down Notice • Copyright Assignment Checklists • Work Made for Hire Checklist • Copyright Assignment Checklist • DMCAPre-NoticeInvestigationChecklistPDF Image | Non-fungible Tokens and Intellectual Property Law
PDF Search Title:
Non-fungible Tokens and Intellectual Property LawOriginal File Name Searched:
nonfungibletokensandintellectualpropertylaw.pdfDIY PDF Search: Google It | Yahoo | Bing
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
IT XR Project Redstone NFT Available for Sale: NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Be part of the future with this NFT. Can be bought and sold but only one design NFT exists. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Turbine IT XR Project Redstone Design: NFT for sale... NFT for high tech turbine design with one part 3D printed counter-rotating energy turbine. Includes all rights to this turbine design, including license for Fluid Handling Block I and II for the turbine assembly and housing. The NFT includes the blueprints (cad/cam), revenue streams, and all future development of the IT XR Project Redstone... More Info
Infinity Turbine ROT Radial Outflow Turbine 24 Design and Worldwide Rights: NFT for sale... NFT for the ROT 24 energy turbine. Be part of the future with this NFT. This design can be bought and sold but only one design NFT exists. You may manufacture the unit, or get the revenues from its sale from Infinity Turbine. Royalties go to the developer (Infinity) to keep enhancing design and applications... More Info
Infinity Supercritical CO2 10 Liter Extractor Design and Worldwide Rights: The Infinity Supercritical 10L CO2 extractor is for botanical oil extraction, which is rich in terpenes and can produce shelf ready full spectrum oil. With over 5 years of development, this industry leader mature extractor machine has been sold since 2015 and is part of many profitable businesses. The process can also be used for electrowinning, e-waste recycling, and lithium battery recycling, gold mining electronic wastes, precious metals. CO2 can also be used in a reverse fuel cell with nafion to make a gas-to-liquids fuel, such as methanol, ethanol and butanol or ethylene. Supercritical CO2 has also been used for treating nafion to make it more effective catalyst. This NFT is for the purchase of worldwide rights which includes the design. More Info
NFT (Non Fungible Token): Buy our tech, design, development or system NFT and become part of our tech NFT network... More Info
Infinity Turbine Products: Special for this month, any plans are $10,000 for complete Cad/Cam blueprints. License is for one build. Try before you buy a production license. May pay by Bitcoin or other Crypto. Products Page... More Info
| CONTACT TEL: 608-238-6001 Email: greg@infinityturbine.com | RSS | AMP |