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The 3-layer copyright cake 🧵
And why it matters!⚡️
And why it matters!⚡️
Traditionally there are two layers of cake:
1)The material object:the actual artwork
2)IP rights within the material object:film rights, book rights,etc.
Unless the rights are granted to you. you don’t have rights to license out or monetize the work outside of the first sale 1/
1)The material object:the actual artwork
2)IP rights within the material object:film rights, book rights,etc.
Unless the rights are granted to you. you don’t have rights to license out or monetize the work outside of the first sale 1/
Now NFT’s add an extra layer, which are revolutionary for the space. NFTs ascribe *ownership* of work—it’s not the work itself, nor the rights—much more like an official, indisputable record of ownership + history. 2/
