[Law firm Veat_Plattum Column] Must-read before NFT minting, the reason your NFT might be illegal

Law firm Veat’s Technology Intellectual Property (TIP) team easily addressed the legal aspects of the act of creating NFTs through Platum, a magazine specializing in startups, with the subject of “What you need to read before NFT minting: reasons why your NFT may be illegal.”

NFTs are unique and ownable forms of digital assets. This column details what measures are necessary to clearly understand the copyright status of the underlying work and prevent copyright infringement when the content being transformed into an NFT is a copyrighted work protected by copyright law.

The TIP team of Law firm Veat explained complex intellectual property rights regarding NFTs in an easy-to-understand way through this column published in Platum, and introduced potential legal disputes that can arise from copyright infringement cases, providing information to prepare for copyright issues. You can check the full column through [the link].

In the case of NFTs, the original work and the NFT can be separate legal entities, so to minimize legal risks and effectively utilize NFTs, it is possible to clearly understand the complexity through legal review by a legal expert with a deep understanding of NFT copyright from the initial production stage and proceed with appropriate responses.

Law firm Veat’s Technology Intellectual Property (TIP) team provides in-depth analysis and professional legal advice on various intellectual property-related issues, including NFT copyright. It provides litigation advice on legal issues related to intellectual property protection, such as copyright, trademark, patent, design rights, and unfair competition prevention, related to the latest technology trends such as NFTs, metaverse, and games. It is composed of experts with deep expertise and practical experience in the intellectual property field, including Attorney Oh Seung-jong, who served as chairman of the Copyright Committee, Attorney Choi Seong-ho, selected as ‘Leading Lawyer’ by Legal Times, Attorney Ahn Il-woon, who is active in the Korean Copyright Committee, and Attorney Jeon Yong-hwan, who has extensive experience in ICT regulatory sandbox and proof-of-service legal consulting.

Thank you.

Law firm Veat