CryptoPunk Owners Have New Way to Make Money: Renting Out Their Avatars


Dan Healy, a partner in Anderson Kill's D.C. office, recently explained to Decrypt that ownership of an NFT does not automatically imply ownership of the underlying intellectual property rights.

“There is a difference between the CryptoPunk image creator (who would own the copyrights not transferred to the NFT buyer) and the purchaser/owner of the NFT (who would own the token and a copy of the image).

Also, it is generally recognized that a buyer of a painting does not acquire the copyrights in the painting, but has the right to display the copy purchased,” Healy said.

Click here to read the full story.

Related People

Insurance Recovery Attorney | Anderson Kill LLP
Daniel J. Healy
Washington, DC

Related Practice Areas