V-Artwork’s new device, known as the V-Artwork Protocol, is aimed to assist defend IP rights and enhance NFT mission licensing and can go stay on Nov. 2, the blockchain-based digital content material monetization platform stated.
Tasks can confirm, defend and handle their IP rights on NEAR and Ethereum blockchains, and V-Artwork goals so as to add Aurora and Polygon this 12 months and Solana subsequent 12 months, V-Artwork CEO Anastasiia Gliebova informed The Block on the web3 Summit in Lisbon. The agency raised $1.4 million in seed funding to date.
NFT IP rights, significantly when it touches upon copyright, have led to skirmishes between NFT mission leaders and holders up to now. Living proof was CryptoPunks created by Larva Labs. The NFT mission didn’t have any public pointers for IP or copyright for years — till customers tried to monetize their NFT, then LarvaLabs sought authorized motion in opposition to such holders.
Partly stemming from unclear NFT IP rights got here tasks who eschewed copyright altogether akin to Nouns, The Block beforehand reported.
With extra reporting by Lucy Harley-McKeown