The regulation of Non-Fungible Tokens (NFTs)

Throughout the years, the world have witnessed many milestones that re-wrote history. From the industrial revolution to the creation of the first computer, every technological invention drastically changed our way of life. Each change is followed by a new law, as a way of protecting citizens. Today,...

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Main Author: El Hajjar, Ornina (author)
Format: masterThesis
Published: 2022
Subjects:
Online Access:http://hdl.handle.net/10725/14124
https://doi.org/10.26756/th.2022.452
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php
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author El Hajjar, Ornina
author_facet El Hajjar, Ornina
author_role author
dc.creator.none.fl_str_mv El Hajjar, Ornina
dc.date.none.fl_str_mv 2022-10-25T08:09:27Z
2022-10-25T08:09:27Z
2022
2022-08-02
dc.identifier.none.fl_str_mv http://hdl.handle.net/10725/14124
https://doi.org/10.26756/th.2022.452
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php
dc.language.none.fl_str_mv en
dc.publisher.none.fl_str_mv Lebanese American University
dc.rights.*.fl_str_mv info:eu-repo/semantics/openAccess
dc.subject.none.fl_str_mv NFTs (Tokens)
NFTs (Tokens) -- Law and legislation
Cryptocurrencies -- Law and legislation
Blockchains (Databases)
Intellectual property
Lebanese American University -- Dissertations
Dissertations, Academic
dc.title.none.fl_str_mv The regulation of Non-Fungible Tokens (NFTs)
Intellectual Property or Cryptoasset?
dc.type.none.fl_str_mv Thesis
info:eu-repo/semantics/publishedVersion
info:eu-repo/semantics/masterThesis
description Throughout the years, the world have witnessed many milestones that re-wrote history. From the industrial revolution to the creation of the first computer, every technological invention drastically changed our way of life. Each change is followed by a new law, as a way of protecting citizens. Today, we witness yet again a new revolution. The traditional internet is exceeded by the emergence of Web 3.0 and its components. New types of currencies and assets are seeing light and little or no regulations are present, which leaves a big portion of online users at threat. One of the biggest misunderstood asset is the Non-Fungible Token (NFT). First introduced as an art token, it has become one of the most prominent proof of ownership on the blockchain. Therefore, our research’s purpose is to introduce NFTs into law. It will first set forth a presentation of the new digital revolution by explaining several concepts that are crucial for the understanding of the NFT. We will then research the legal framework that can potentially be applicable to NFTs, with a focus on intellectual property as the main source for artists’ protection, and an attempt to figure out the legal aspect of NFTs according to its uses. Moreover, the research will also identify several traditional use-cases in addition to the most recent ones regarding NFTs in hope to identify where the legal standards for NFTs are heading. Finally, we will set up recommendations for a unified regulation or guideline in order to update our legal systems and keep up with the new digital uprising.
eu_rights_str_mv openAccess
format masterThesis
id LAURepo_e1c53aeadc56f97a1a618d5bd1ccd222
language_invalid_str_mv en
network_acronym_str LAURepo
network_name_str Lebanese American University repository
oai_identifier_str oai:laur.lau.edu.lb:10725/14124
publishDate 2022
publisher.none.fl_str_mv Lebanese American University
repository.mail.fl_str_mv
repository.name.fl_str_mv
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spelling The regulation of Non-Fungible Tokens (NFTs)Intellectual Property or Cryptoasset?El Hajjar, OrninaNFTs (Tokens)NFTs (Tokens) -- Law and legislationCryptocurrencies -- Law and legislationBlockchains (Databases)Intellectual propertyLebanese American University -- DissertationsDissertations, AcademicThroughout the years, the world have witnessed many milestones that re-wrote history. From the industrial revolution to the creation of the first computer, every technological invention drastically changed our way of life. Each change is followed by a new law, as a way of protecting citizens. Today, we witness yet again a new revolution. The traditional internet is exceeded by the emergence of Web 3.0 and its components. New types of currencies and assets are seeing light and little or no regulations are present, which leaves a big portion of online users at threat. One of the biggest misunderstood asset is the Non-Fungible Token (NFT). First introduced as an art token, it has become one of the most prominent proof of ownership on the blockchain. Therefore, our research’s purpose is to introduce NFTs into law. It will first set forth a presentation of the new digital revolution by explaining several concepts that are crucial for the understanding of the NFT. We will then research the legal framework that can potentially be applicable to NFTs, with a focus on intellectual property as the main source for artists’ protection, and an attempt to figure out the legal aspect of NFTs according to its uses. Moreover, the research will also identify several traditional use-cases in addition to the most recent ones regarding NFTs in hope to identify where the legal standards for NFTs are heading. Finally, we will set up recommendations for a unified regulation or guideline in order to update our legal systems and keep up with the new digital uprising.1 online resource (xiii, 85 leaves): col. ill.Bibliography: leaves 74-83.LAU.SOB.WM1.21/Jun/2022Lebanese American University2022-10-25T08:09:27Z2022-10-25T08:09:27Z20222022-08-02Thesisinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/masterThesishttp://hdl.handle.net/10725/14124https://doi.org/10.26756/th.2022.452http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.phpeninfo:eu-repo/semantics/openAccessoai:laur.lau.edu.lb:10725/141242022-10-25T08:10:13Z
spellingShingle The regulation of Non-Fungible Tokens (NFTs)
El Hajjar, Ornina
NFTs (Tokens)
NFTs (Tokens) -- Law and legislation
Cryptocurrencies -- Law and legislation
Blockchains (Databases)
Intellectual property
Lebanese American University -- Dissertations
Dissertations, Academic
status_str publishedVersion
title The regulation of Non-Fungible Tokens (NFTs)
title_full The regulation of Non-Fungible Tokens (NFTs)
title_fullStr The regulation of Non-Fungible Tokens (NFTs)
title_full_unstemmed The regulation of Non-Fungible Tokens (NFTs)
title_short The regulation of Non-Fungible Tokens (NFTs)
title_sort The regulation of Non-Fungible Tokens (NFTs)
topic NFTs (Tokens)
NFTs (Tokens) -- Law and legislation
Cryptocurrencies -- Law and legislation
Blockchains (Databases)
Intellectual property
Lebanese American University -- Dissertations
Dissertations, Academic
url http://hdl.handle.net/10725/14124
https://doi.org/10.26756/th.2022.452
http://libraries.lau.edu.lb/research/laur/terms-of-use/thesis.php