4 Things You Need to Know about Property Rights in the Metaverse
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There seems to be a lot of confusion about the rights people have when purchasing an NFT
(Non-Fungible Token). There is no doubt that copyright law governs the rights related to NFTs, but copyright law varies enough from place to place that the rules are often unclear. Many people in the metaverse want to believe that they own all the rights related to whichever creative work they purchase and are spending a great deal of money and effort to build entire businesses around their NFTs. Unfortunately, NFTs are like any other piece of intellectual property and the purchase of a work of art does not necessarily mean that you have any rights related to the artwork except the right to display it.