With Res Educate, get educated on NFT copyrights, IP rights and how to deal with NFT thefts.
Art is not always a one-(wo)man show, although creating art has been romanticised as the brainchild of one particular author/creator. Art, and its various expressions, often result from teamwork and involve multiple parties working together with a shared aim to build a final product.
In continuation of our discussion on PFP projects, an interesting occurrence that took place last week was the announcement made by Mousebelt, to create an ‘instruction manual to Bored Ape Yacht Club (BAYC) owners to utilize the IP rights of their NFTs.’
We have already established in Sushruti’s article that legal contracts play an important role in defining the rights and obligations of the parties involved in a transaction concerning PFP NFTs. Therefore, we shall now examine what such a contract actually contains and which provisions are particularly advisable.