Legal Protection of NFT Digital Objects by NFT Marketplace Based on Comparison with Domain Names

Abstract

Advances in information technology have driven economic globalization. The interests protected are thus no longer only the product but also the intellectual property rights. One form of utilizing digital technology and the internet in the economic sector for two-dimensional works of art is through Non-Fungible Tokens (NFT). NFT is a form of digital asset in the art sector, where transactions are usually carried out on a special platform. This article examines the protection of creators' exclusive rights from the tokenization of their work by other parties as well as the responsibilities of NFT Marketplaces. Descriptive analytical and normative juridical research methods are used for legal norms in copyright law regarding the exclusive rights of creators and the responsibility of marketplaces for the commercialization of copyrighted works as NFTs based on these principles and theories.