Transfers and Licensing of Copyrights to NFT Purchasers : A Brief and Pleasant Guide to NFTs and Copyright Law, Part 2

This Brief and Pleasant Guide to NFTs and Copyright Law is written by Professor Michael D. Murray, the author of A Short and Happy Guide to Copyright Law (West 2d ed. 2022), and the principle investigator of the Blockchain, Cryptocurrency, NFTs, and the Metaverse Law Project at the University of Kentucky Rosenberg College of Law.Part 2 of the Guide discusses the transfer of copyright rights to the purchasers of NFTs by assignment or licensing. It discusses forms of licenses and how to convey and communicate them to purchasers. Part 2 examines the pros and cons of bespoke licensing, community licensing by Creative Commons licenses, and assignment of the entire copyright to NFT purchasers. The licenses of Bored Ape Yacht Club and KryptoKitties are discussed as options for NFTs