Intellectual property (IP) rights will continue to be a growing area of tension within Web3 and NFTs, as IP rights often rely on a single “identifiable entity,” while Web3 is more often decentralized. Speaking to Cointelegraph, David Kappos, a partner at Cravath, Swaine & Moore LLP said that IP is traditionally “owned by an identifiable entity, which makes it necessarily centralized from a legal viewpoint.” Kappos suggested that the tension between IP and decentralization does not have a clear solution, asking “how does a DAO really own the IP of…
Intellectual property has an awkward fit in Web3 decentralization — Lawyers
