Unlocking the Metaverse and Navigating Legal Implications in the NFT Landscape

Abstract

The problem of intellectual property and legality in NFTs has gotten little attention thus far and requires additional research because of the increasingly digital nature of financial investments and the rapid growth of technology. Because NFTs are dynamic and ever-evolving and have an array of outcomes and impacts on digital ownership, technology, law, and various other aspects of society—both positive and negative—this chapter aims to examine NFTs in the context of the metaverse. The implications for digital intellectual property rights law will play a major role in this chapter. Research is required since previous studies have not sufficiently covered the rights of ownership of NFTs through digital intellectual property.