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Liability of the Operator of an NFT Digital Artwork Trading Service Platform for Contributory Copyright Infringement.

Source :
GRUR International: Journal of European & International IP Law; Jul2024, Vol. 73 Issue 7, p694-706, 13p
Publication Year :
2024

Abstract

This article discusses the liability of an NFT digital artwork trading platform for copyright infringement in China. It explains that NFT digital artworks are considered virtual property and their sale involves the transfer of property interests. The article provides information about the Bigverse platform, which allows users to create, trade, and debut NFT artworks. The platform has specific service agreements and takes measures to address copyright infringement. The court case of Hangzhou Yuanyuzhou Technology Co., Ltd. v Shenzhen Qice DieChu Cultural and Creative Co., Ltd. is used as an example to illustrate these concepts. The court ruled that the platform failed to prevent infringement and should bear legal responsibility. The ruling emphasizes the importance of copyright ownership and authorization in NFT transactions and the need for platforms to implement effective intellectual property rights review systems. The court also clarifies that NFT digital artworks are considered virtual property and transactions involving them are regulated by the right of communication to the public on information networks. The ruling upholds the original judgment and dismisses the appeal made by the platform. [Extracted from the article]

Details

Language :
English
ISSN :
26328550
Volume :
73
Issue :
7
Database :
Complementary Index
Journal :
GRUR International: Journal of European & International IP Law
Publication Type :
Academic Journal
Accession number :
178778913
Full Text :
https://doi.org/10.1093/grurint/ikae049