A16Z Crypto seems to have found a solution to NFT's intellectual property issues. The launch of Can't Be Evil licenses will help protect the intellectual property (IP) of NFT owners and creators, where information about the copyright holder will be indicated. These licenses are intended not only to make NFT copyright transparent, but also to eliminate vulnerabilities that often lead to legal consequences.
There have always been uncertainties with copyright in the NFT, often leading to controversial results. Founders of NFT projects such as YugaLabs и Larva Labs, rolled out letters to stop work on projects that had any similarities with someone else's intellectual property. In June 2022 the company YugaLabs filed a lawsuit against artist Ryder Ripps for creating a project that looked too much like theirs Bored Ape Yacht Club.
What IP (intellectual property) right does an NFT owner retain? is often a contentious issue that swayed one former owner cryptopunk sell your NFT and start a copyright-free Nouns project. Without explicit copyright licensing at the start of a collection, founders of NFT projects can change or remove their copyrights overnight, as was the case with blue chips, Proof Collective NFTs, Moonbirds, and Oddities. Now these collections are freely available and can be used for free.
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