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Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator Cobra

Craig Wright’s Law Firm Granted Permission from High Court to Serve Bitcoin.org Operator CobraOn April 22, published documents stemming from law firm Ontier LLP show London’s High Court is granting the law firm permission to serve legal proceedings over copyright infringement against the owner of bitcoin.org, a pseudonymous operator called “Cøbra.” The legal proceedings involve “hosting and publishing” a copy of the academic Bitcoin white paper. Copyright Infringement […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper Claims

Civil Lawsuit Against Craig Wright Wants High Court to Rule Against His Bitcoin White Paper ClaimsThe Crypto Open Patent Alliance (COPA), a bitcoin industry working group focused on patent laws, has filed a civil lawsuit in the UK against Craig Wright. For many years now Wright has insisted he is Satoshi Nakamoto, but has yet to prove so to the greater crypto community. COPA is looking to get the UK […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Copyright infringement and NFTs: How artists can protect themselves

What are NFT platforms doing to protect their users against copyright infringement, and what steps can artists take to ensure their work isn’t repurposed without their consent?

Copyright infringement in the online world has been an issue ever since the internet entered our lives. With a copy-and-paste culture, it’s never been easier to pass off a funny tweet as one’s own, upload unauthorized versions of chart-topping songs, and repurpose jaw-dropping photographs and videos.

Now that nonfungible tokens have entered into the arena, a whole host of new issues have emerged. Opportunists are now tokenizing artwork without consent, and in some cases, artists haven’t realized their pieces have been plagiarized until the NFTs have been bought and sold. One attorney recently told Vice that, while creators do have protection under United States copyright law, if their work is tokenized without consent, getting compensation could be made harder by the fact that some NFT marketplaces are less transparent than others.

There are NFT platforms that have introduced mechanisms that allow pirated art to be removed. But according to experts, taking action once unprotected digital files have been copied or downloaded is “like trying to put toothpaste back into a tube.” And to compound the problem, certain precautions that can be taken to tackle copyright infringement can have unintended consequences — censoring small creators who may be unable to prove they created an artwork because they lack an established online presence.

None of this is to say that NFT technology is inherently flawed. These hurdles are common when new concepts suddenly go mainstream. As time goes on, the industry will get better at protecting talented individuals and their works. But there’s one thing that artists can do straight away: Take a few simple steps to protect themselves from copyright infringement.

Protecting work in a digital realm

According to Unique.One, a decentralized NFT marketplace, most of the copyright infringement issues that have been brought to its attention stem back to artwork that was unprotected in the first place. A number of artists share original works with their large followers on Instagram, but these files lack the digital protection that prevent them from being copied and used in infinite ways without consent.

A strongly worded copyright notice often isn’t enough to deter bad actors — nor prove that artwork is authentic if their claims are challenged. However, there are some simple steps that are worth taking when building an online presence, and it all begins when original files are being uploaded in the first place.

Adding a visible watermark to art before sharing digital images anywhere can prove worthwhile, irrespective of whether this is on Instagram, Facebook or on your own website. If you’re especially sophisticated, you may opt for an invisible watermark at the pixel level — something that can give you an upper hand in a dispute, especially among plagiarists who may not have noticed it.

It is also possible to mint NFTs with a watermark and add unlockable content with a high-resolution, watermark-free copy that the buyer can receive upon purchasing a token. You can also set out licensing terms in the description for your nonfungible token. A good example of this was seen when The New York Times sold a tokenized version of an article written by one of its journalists — with the newspaper clearly specifying that this NFT doesn’t purchase the copyright for the feature in question.

Keeping a digital archive of original work, along with the date it was created, can also be a powerful way of proving ownership. And, if art is published for the first time in the form of an NFT, the blockchain itself can serve as an immutable record that offers protection.

A particularly vexing issue

Unique.One is a decentralized nonprofit platform that is owned and managed by a community of passionate digital artists. It said: “It’s a sad fact that the very freedom and flexibility provided to creators by decentralized, permissionless NFT platforms can also attract abuse by bad actors. But innovation also breeds solutions. Technology can be leveraged to help creators keep control of their work.”

They stress that NFTs can also help protect artwork, especially if pieces are minted on-chain before they are distributed through other online channels. Creating an archive of provenance is essential.

While Unique.One predicts that regulatory measures and licensing regimes will evolve as the NFT space grows and matures, the platform warns that this could introduce “additional barriers and censorship hurdles for creators,” and great care should be taken to ensure that the industry doesn’t lose the distinctive attributes that made it popular in the first place.

“As with all innovative technological breakthroughs, NFTs offer exciting opportunities for creators, but along with this freedom of opportunity comes the potential for abuse by malicious actors — it’s simply the world we live in,” the project’s founders said. “Unique.One hopes that artists lean into proactivity and take steps to address the challenges brought on by innovation while enjoying the opportunity it brings.”

Learn more about Unique.One

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Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Italian Copyright Agency Selects Algorand to Create Over Four Million NFTs to Represent Author Rights

Italian Copyright Agency Selects Algorand to Create Over Four Million NFTs to Represent Author RightsThe non-fungible token fever witnessed over the last few months is catching the copyright management agencies’ attention. One of them, located in Italy, has chosen a blockchain company to create its own NFTs. SIAE Expects to Guarantee Copyright Protection With NFTs for the Next 139 Years According to the announcement, Società Italiana degli Autori ed […]

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations

Nifty News: Italian copyright agency mints 4M NFTs, breast cancer LINK found, and more

Algorand helps secure almost 100,000 authors' copyrights, NFTs raise breast cancer awareness, the New York Times gets in on the action, and more.

Italian copyright collecting agency Società Italiana degli Autori ed Editori, SIAE, has minted more than four million NFTs on the Algorand blockchain to digitally represent the rights of more than 95,000 authors.

The partnership between SIAE and Algorand started in 2019, with SIAE aiming to digitize its entire copyright database to help decentralize the management of the metadata. NFTs will eventually provide copyright owners such as authors and publishers with royalty streams to their work.

The tokenization of the articles and published works will allow the system “to transfer management directly to rights holders, who will then be able to manage directly the metadata relating to their rights,” said general manager of SIAE Gaetano Blandini

“Blockchain technology is definitely an interesting strand to continue exploring because of its transparency and efficiency — by design — features, which are fundamental for those who, like us, manage the salary of other people's hard work."

Chainlink to assign cancer?

Chainlink’s Variable Random Function, or VRF, will play a key role in a new conceptual NFT art experiment Project Mahin in order to raise awareness and funds for breast cancer.

The project will release 60 unique NFTs representing breasts, each of which could be unfortunate enough to “be diagnosed with breast cancer.” The VRF, will randomly assign one in eight of the NFTs cancer, representing the same odds of women who will develop the invasive cancer throughout their lives.

Those illustrations will permanently update at the time to represent a post-operation state, and the secondary sale royalties of the NFT will increase to 15%.

The project was created by artist Armaghan Fatemi and dedicated to her mom and all other women who are currently battling breast cancer:

“We created this project intending to raise awareness for breast cancer, and we are pleased to be able to contribute all royalties to Breast Cancer Now UK.”

A token column by the New York Times

A journalist from the New York Times has written an article explaining NFTs — which he then turned into the very first NFT based on a New York Times article and put it up for auction. “Why can’t a journalist join the NFT party, too?” NYT tech columnist Kevin Roose tweeted in an explainer thread

The NFT is listed for auction on the Foundation marketplace with a current bid of 7 ETH. With 14 hours to go at the time of writing, the item has received bids from a dozen different people including Coin Center’s director of communication Neeraj Agrawal and music producer RAC.

It follows the conclusion of an auction of three Time Magazine covers on the NFT marketplace Superrare. Each cover just sold for between 70 to 88 ETH with a fourth NFT of the three covers together selling for 35 ETH. The listings gained considerable attention from those within the mainstream media, including founder of The Street Jim Cramer.

Artist behind Obama 'Hope' poster auctions NFT

Shepard Fairey, the artist behind former U.S. president Barack Obama’s “Hope” campaign poster, is selling an NFT called “Obey Ideal Power”. The sale goes live on Superrare on March 29, at 1pm EDT.

Fairey intends to use this and other artforms to “raise awareness for the important political and social issues of our time.” He suggests power is not all bad, as it can also be used to benefit and uplift people as well as oppress them. The sale is part of a collaboration between SuperRare and a company called Verisart, which provides ownership certificates for blockchain-based assets.

Eigenlayer’s Airdrop Faces Backlash Over Token Restrictions and Minimal Allocations