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