Entertainment Industry: Get a Better Grasp on Web 3 Intellectual Property

One of the major challenges Web3 faces right now involves the role intellectual property plays as it relates to non-fungible tokens, or NFTs and their creators. 

With the prevalence of industry successful projects such as Bored Ape Yacht Club (BAYC), CryptoPunks, VeeFriends, Women Rise, and Invisible Friends – questions of “ownership” have begun to surface as we begin to see the legal landscape taking on new cases that speak to infringement and ownership.

For those new to the NFT space, it’s important to understand the role that federal U.S. copyright law has when new projects come to fruition.