Intellectual Property Rights Will be Key in Web3 and NFT Evolution

Despite hiccups, the NFT market continues to expand as we move into 2023. The NFT market is even projected to reach more than $230 billion by 2030. But with the swift rise comes numerous obstacles. Minting an NFT for a virtual asset containing artwork, a song, or trademarks that creators no longer own or have a valid license can land them severe legal trouble.

Source: Intellectual Property Rights Will be Key in Web3 and NFT Evolution

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