$7.5 Коллекция Million NFT, обвиняемая в использовании произведений искусства без разрешения, находится под угрозой судебного иска

$7.5 Коллекция Million NFT, обвиняемая в использовании произведений искусства без разрешения, находится под угрозой судебного иска

While non-fungible token (NFT) assets have been extremely popular in 2021, там’s been a slew of issues tied to the ecosystem as well. A recent report indicates that roughly a dozen artists are considering taking legal action against an NFT collection calledArt Warsbecause their original artwork was sold as NFTs without their consent.

NFT Collection Targeted Over Using Artwork Without Permission From the Original Artists

Незаменяемый токен (NFT) assets have seen billions of dollars in sales this year, and the term “NFT” was just recently awarded the Collins English Dictionary Word of the Year. During the last seven days, NFT markets such as Opensea have seen $587 миллион в продаже, Atomicwax has seen over $20 миллион, and Rarible has seen over $3 million in weekly NFT sales.

Однако, certain issues in the NFT industry have been introduced in recent times such as problems with permanence, censorship, insider trading, and now artists are upset about NFTs being issued without consent. Financial Times (FT) reports that artwork by Anish Kapoor and David Bailey has been issued as non-fungible tokens without getting their blessing.

According to the отчет, Star Wars Stormtrooper helmets crafted by Kapoor, Bailey, and others were photographed and sold as NFT without permission. The NFT collection sold for millions or approximately 1,600 ETH which equates to more than $7.5 million at the time of writing.

A Dozen Artists May Seek Legal ActionLegal Tussles Rise Over Intellectual Property and NFTs

FTs report notes that the collection calledArt Warsis approximately 1,138 images. Artwork attributed to Kapoor was being resold 1,000 ETH, while work by Bailey was on resale for 120 ETH. FTs Cristina Criddle said the NFTs were since removed from Открытое море.

About 12 artists are considering legal action against the project, according to legal representatives,” Criddles report highlights. Criddle explains that Helen Downie, an artist that uses the nameUnskilled Worker,” may take legal action after noticing two helmets that were sold as NFTs.

Issues similar to the problems Kapoor and Bailey are dealing with have been arising in the NFT industry in recent times and making headlines. Legal representatives from both comic book publishers Комиксы DC and Marvel have warned freelance artists not to use copyrighted material and characters to sell as NFTs.

The acclaimed film director, Quentin Tarantino, is in a legal tussle with Miramax overPulp Fiction” NFT. Roc-A-Fella Records got into a legal battle with Damon Dash over NFTs tied to Jay-Zs debut album, “Reasonable Doubt.

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