IP & Art

Currently, the NFT is drawing an special attention of the public. But, it is innovative concept and is difficult to figure out it. However, it is a kind of cryptoassets, and we should follow up the developments because it will play a role in the digital era. 

The NFT stands for " Non Fungible Token", which literally means " non-replaceable assets". This assets were made on the theory of blackchain which will replace the central control system which has prevailed from the past. 

Neutrally speaking, if the NFT will provide an qurantee the non-replaceability even by hacking, etc. and fall within the categories protected by copyrights, its potential impact will be beyond our imagination. 

Unfortunately, the copyrights issue in relation to the NFT are not clearly defined, and thefore we should take more conservative postion at this stage. In any event, it appears that the NFT will have a substantial role as one of cryptoassets in the digital era.