The UCLy Faculty of Law will held a lecture of the Professor Péter MEZEI, on Thursday, 8th of December 2022. The topic "Mine? Yours? Theirs? - What are the copyright implications of NFTs?" will be discussed on different law point of view.
Non-fungible tokens (NFTs) are used by established and wannabe artists, celebrities, media corporations, movie studios, sports conglomerates and many more as a means to monetize artworks and other contents, typically in the online environment. It is widely used by cultural heritage institutions alike as a way to preserve and disseminate cultural products. Using blockchain in these ways may seem secure and may offer authenticity for both the “seller” and the “buyer”. Is this a legally sound way of content dissemination or only an illusion? Do NFTs represent a valuable alternative for the traditional ways of content creation and dissemination? The lecture introduces the doctrinal and practical pitfalls of NFTs from the point of view of copyright law.