Title: NFT marketplace - a market of fake artworks? Addressing the international regulatory vacuum of NFT

Authors: Alessandro Stasi; Tan Weng Chiang David

Addresses: Mahidol University International College, Phutthamonthon District, Nakhon Pathom, Thailand ' Mahidol University International College, Phutthamonthon District, Nakhon Pathom, Thailand

Abstract: The COVID-19 pandemic has driven art buyers and collectors to purchase artworks online. As galleries are closed, art buyers choose to go online to purchase art in a digital form. An artwork that is made by a creator or an artist is initially placed into the cyberspace by uploading it. This is a process known as minting or uploading the artwork into an online marketplace for sale. In some circumstances, however, the person uploading the artwork onto the online marketplace for digital products is not the copyright owner of the artwork and does not have permission to do so. When this happens, an infringement of copyright occurs. The purpose of this paper is to discuss the ability of national legislatures to prevent such copyright infringement and make recommendations.

Keywords: blockchain; copyright; copyright infringement; digital law; non-fungible token.

DOI: 10.1504/IJPLAP.2023.134277

International Journal of Public Law and Policy, 2023 Vol.9 No.4, pp.375 - 384

Received: 12 May 2022
Accepted: 11 Jun 2022

Published online: 17 Oct 2023 *

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