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Welcome to Reed Smith's viewpoints — timely commentary from our lawyers on topics relevant to your business and wider industry. Browse to see the latest news and subscribe to receive updates on topics that matter to you, directly to your mailbox.
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NFTs -- Fact or Fiction?

The press if filled with articles on how NFTs are making millions for creators.  Everyone seems to be chasing them as the next Bitcoin.  But are they worth the hunt?  My colleague, Nick Breen, provides some much needed perspective worth reading before you decide to invest.

For the vast majority of art and collectible NFT projects, buyers are granted little more than a narrow, non-commercial licence to display or reproduce the associated content for personal use (such as for a profile picture on social media or to hang in a virtual gallery). In fact, for a significant number of projects, no express usage rights are granted at all.


nfts, nft, copyright, socialmedia, entertainment & media