The Legal Feature and Applicable Rule of the Non-Fungible Token Digital Artwork
Non-Fungible Token(NFT)reinforces the digital object through blockchain technology,and enhances its objec-tivity,credibility and non-fungibility.The feature of objectivity of digital artwork has been enhanced by the NFT,which renders it under property law jurisdiction rather than debt jurisdiction.Although the real rights rules should apply to the casting and trad-ing of NFT digital works,they could not straightforwardly be imposed upon the NFT digital artworks as they have their own charac-teristics.Indeed,while ruling the NFT digital artwork,traditional real rights rules ought to be modified internally and interact with other rules externally.The NFT's reliance upon blockchain registration is quite different to traditional registration of tangible property or copyrights,which could be regulated in the context of intangible(rather than tangible)property registration and copy-rights registration.Furthermore,NFT digital artworks carry the non-fungible nature that shall be cautiously dealt with in prevent-ing the financial risks of monetization and securitization.
Non-Fungible Tokendigital artworklegal featureobjectivity in real rightsblockchain