NFTs: Safeguarding Your Creative & IP Rights
Written by  Daisie Team
Published on 10 min read


  1. What are NFTs?
  2. How NFTs protect Creative Rights
  3. How NFTs protect IP Rights
  4. How to create and sell NFTs
  5. How to buy NFTs
  6. Legal considerations of NFTs
  7. Advantages of using NFTs
  8. Disadvantages and risks of NFTs
  9. Future of NFTs
  10. Conclusion

If you are an artist, a creator, or an intellectual property (IP) owner, you've probably heard of NFTs. But how well do you understand them? Especially when it comes to protecting intellectual property rights with NFTs? In today's digital age, where content is as valuable as gold, NFTs are becoming an essential tool for safeguarding creative and IP rights. So, let's dive straight into the world of NFTs and understand how they can play a significant role in protecting your creative endeavors and intellectual property.

What are NFTs?

An NFT, or Non-Fungible Token, is a type of digital asset. Unlike cryptocurrencies like Bitcoin or Ethereum, which are fungible and can be exchanged on a like-for-like basis, NFTs are unique. Each NFT has a distinct value and specific information that sets it apart from all others. Think of it like a one-of-a-kind painting — no two are exactly the same!

Now, the beauty of NFTs lies in their ability to authenticate the ownership of digital content. Each NFT is linked to a specific piece of digital content and is recorded on a blockchain — a secure, transparent, and public digital ledger. When you buy an NFT, you're buying a digital certificate of ownership for a specific piece of content.

Let's say you're a digital artist who creates unique pieces of artwork. If you turn your artwork into an NFT, you can sell it to a buyer who will then become the official owner of that digital art piece. The transaction and the ownership details are then stored on the blockchain, which can be accessed and verified by anyone. In essence, NFTs provide a digital proof of ownership that's transparent and tamper-proof.

So, when it comes to protecting intellectual property rights with NFTs, they offer a pretty neat solution. But how exactly do they do that? And how can you, as a creator or an IP owner, use NFTs to protect your rights? Let's find out in the next sections.

How NFTs protect Creative Rights

As a creator, your creative works are your pride and joy. They are the result of your time, effort, and imagination. Yet, in the digital world, it is all too easy for someone to copy, share, or even claim these works as their own. That's where NFTs step in.

When you mint your creative work as an NFT, you're essentially creating a digital certificate of ownership. This certificate is unique and is directly linked to your work. But here's the best part – it's recorded on the blockchain. This means that once the details of your ownership are stored on the blockchain, they can't be altered or tampered with.

Imagine this: You've created a unique digital illustration. You decide to mint it as an NFT and sell it. The person who buys it now owns a unique piece of your work. But more than that, they own an NFT that proves they are the legitimate owner of your illustration. If anyone tries to claim your work as their own, the NFT serves as an immutable proof of ownership.

So, NFTs are not just about buying and selling digital art. They're about protecting your rights as a creator. They're about ensuring that your work is recognized and that you're credited for it. And that's a big deal in the digital world.

But what about intellectual property rights? Can NFTs help in protecting intellectual property rights as well? You bet they can! Let's see how in the next section.

How NFTs protect IP Rights

Intellectual Property (IP) rights have always been a tricky business, especially in the digital world. But NFTs are changing that. Let's take a look at how:

First off, NFTs can be used to represent any kind of digital asset, not just art. This includes patents, trademarks, and even copyrights. So, if you've developed an innovative technology or a unique brand, you can mint an NFT to represent your IP rights.

Secondly, the blockchain network provides a clear, irrefutable record of your ownership. This is a game-changer in IP disputes. The blockchain record can serve as undeniable proof that you are the rightful owner of the IP.

The blockchain network also helps in tracking the use of your IP. Every time your IP is used or transferred, it leaves a trace on the blockchain. This means you can easily track where and how your IP is being used. If someone tries to misuse your IP, you have a clear record to back you up.

Finally, NFTs can help you monetize your IP rights. You can sell or lease your IP rights by transferring the NFTs. This way, you can gain financial benefit from your IP while still retaining your rights.

In conclusion, protecting intellectual property rights with NFTs is not just a possibility, but a reality. However, as with all things in the digital world, there are some nuances to be aware of. Let's dive into how you can create and sell NFTs in the next section.

How to create and sell NFTs

Creating and selling NFTs can seem like a daunting task, but don't worry. I've got you covered. Here's a simple, step-by-step guide:

Step 1: Choose what you want to create. Remember, NFTs can represent any digital asset—be it a piece of music, a digital painting, or even a tweet. So, let your creativity run wild!

Step 2: Digitize your work. This could mean scanning a physical piece of art, recording a song, or simply saving a digital file.

Step 3: Mint your NFT. This is where you transform your digital asset into an NFT. There are several websites that can help you with this, such as OpenSea and Rarible. They will guide you through the process and even provide templates for creating your NFT.

Step 4: List your NFT for sale. Once your NFT is minted, you can list it for sale on an NFT marketplace. Set your price, add a description, and you're good to go!

Step 5: Get the word out. Promote your NFT on social media, your website, or any other platform where potential buyers might be.

And voila! You've created and listed your first NFT. Remember, patience is key—just because your NFT isn't selling like hotcakes right away doesn't mean it won't in the future. Everyone's NFT journey is unique, so don't get discouraged and keep creating!

Now that we've covered creating and selling NFTs, let's explore how to buy them.

How to buy NFTs

Interested in buying NFTs? You're in the right place! Here's how you can go about it:

Step 1: Research. Before you dive into the world of NFTs, it's important to do your homework. Know what you're buying and who you're buying it from. This isn't just about protecting your investments—it's about protecting intellectual property rights with nfts too.

Step 2: Choose a marketplace. There are several online marketplaces where you can buy NFTs. Some of the more popular ones are OpenSea, Rarible, and NBA Top Shot. Each marketplace has its own set of rules and fees, so make sure to choose one that suits your needs.

Step 3: Set up a digital wallet. You'll need a digital wallet to buy and store your NFTs. There are plenty of options available, including MetaMask and Trust Wallet.

Step 4: Buy Ethereum. Most NFT transactions are done using Ethereum, a type of cryptocurrency. You can buy Ethereum from a cryptocurrency exchange and then transfer it to your digital wallet.

Step 5: Make your purchase. Once you've found an NFT you like, you can make an offer or buy it outright, depending on the options provided by the seller.

And there you have it! You're now the proud owner of an NFT. Remember to always be mindful of your purchases, not just for your sake but also for the sake of the artists and creators who are protecting their intellectual property rights with NFTs.

Now that you're well-versed in purchasing NFTs, let's talk about some of the legal aspects that come with them. NFTs are not just about buying or selling cool digital art—they're also about protecting intellectual property rights with NFTs. Here are some legal considerations to keep in mind:

Ownership vs. Copyright: Buying an NFT does not necessarily mean you own the copyright to the digital asset. It's like buying a painting—you own the physical object, but not the rights to reproduce it. This is why it's so important to read the fine print before making a purchase.

Intellectual Property (IP) Rights: The creator of an NFT usually retains the intellectual property rights, unless explicitly transferred. This means they can continue to sell reproductions or make new works based on the original. This is one way of protecting intellectual property rights with NFTs.

Plagiarism: There have been cases where NFTs have been minted and sold without the original artist's permission. This is not only unethical, but also illegal. As a buyer, you should always verify the authenticity of the NFT and the credibility of the seller.

Privacy: Blockchain transactions are transparent, meaning that anyone can see the details of an NFT purchase, including the buyer's and seller's wallet addresses. While this transparency is one of the strengths of blockchain technology, it also raises privacy concerns for some users.

So, while NFTs can be exciting and profitable, they also come with their own set of legal considerations. Always do your homework and understand what you're getting into. After all, protecting intellectual property rights with NFTs is a responsibility we all share.

Advantages of using NFTs

Now that we've covered the legal aspects, let's dive into the benefits of using NFTs. NFTs, particularly for creators and artists, are a game-changer. They bring a new level of control and potential profit to the digital world. Here are some advantages:

Ownership Proof: NFTs are based on blockchain technology. This means each NFT contains a built-in proof of ownership, which is immutable and transparent. You can easily prove that you are the rightful owner of a digital asset, which is crucial in protecting intellectual property rights with NFTs.

Direct Sales: By selling work as an NFT, creators can bypass traditional middlemen like galleries or music labels. This allows them to sell directly to fans and keep a larger portion of the profits.

Perpetual Royalties: This is a real bonus for creators. NFTs can be programmed so that the original creator receives a percentage of any future sales. This means they continue to profit from their work, even after it has been sold.

Interoperability: NFTs can be bought, sold, and traded across different platforms. This provides a level of flexibility and freedom that is not usually found in traditional markets.

Overall, NFTs have revolutionized the way we think about digital ownership and have provided a powerful new tool for protecting intellectual property rights with NFTs. They offer potential benefits for both creators and collectors, making them an exciting addition to the digital world.

Disadvantages and risks of NFTs

While NFTs offer some pretty cool benefits, they're not without their drawbacks. It's important to understand these before you jump on the bandwagon. Here are some things to consider:

Environmental Impact: Yes, you read that right. NFTs can be a strain on our planet. They're based on blockchain technology, which relies on energy-consuming processes. This means that buying, selling, and even creating NFTs contribute to high energy consumption and, by extension, carbon emissions.

Market Volatility: The NFT market can be unpredictable, with values soaring and plummeting without warning. This means that an NFT you buy for a high price today could be worth significantly less tomorrow. It’s a bit like playing the lottery, so proceed with caution!

Lack of Regulations: The world of NFTs is largely unregulated. This can leave buyers and sellers vulnerable to scams and fraud. Therefore, despite NFTs providing a new avenue for protecting intellectual property rights with NFTs, it’s important to tread carefully.

Technological Challenges: While blockchain technology is pretty awesome, it's still new and evolving. This means there can be technical hiccups and challenges that might affect the NFT market.

In a nutshell, while NFTs present a whole new world of opportunities, they also come with their own set of risks. It’s always a good idea to fully understand what you’re getting into before you take the plunge.

Future of NFTs

Now that we've looked at the highs and lows of NFTs, let's turn our attention to the future. What does it hold for NFTs? Here's what we think:

Improved Regulation: As the popularity of NFTs increases, so does the chance of improved regulation. This could help to reduce scams and protect buyers and sellers. It could also further bolster the role of NFTs in protecting intellectual property rights.

Greater Acceptance: As more people become aware of NFTs and their potential, greater acceptance is likely. This could lead to more mainstream uses of NFTs, extending beyond the realms of art and collectibles.

Technological Advancements: As with any new technology, we can expect to see improvements and advancements in the technology behind NFTs. This could make them even more effective and versatile.

Continued Market Growth: The NFT market has shown significant growth in a short period of time. With increased awareness and acceptance, this growth is likely to continue.

So, despite the risks and challenges, the future of NFTs looks promising. They're not just a passing fad, but a significant addition to the digital landscape. So, if you're a creator looking for a new way to safeguard your work, or an investor looking for the next big thing, NFTs might just be it.


It's clear that NFTs are more than just a trend—they're a transformative technology that's reshaping how we approach creative and intellectual property rights. They offer a unique solution for creators, providing a secure and transparent way to establish ownership and reap the benefits of their work.

While NFTs may seem complex, they're actually pretty straightforward once you get the hang of it. They open up a world of opportunities, from selling digital art to protecting your intellectual property rights with NFTs. But with these opportunities come risks, and it's essential to be aware and informed.

No one can predict the future with absolute certainty, but the potential of NFTs is undeniable. As the technology continues to evolve, it'll be exciting to see how they're used and the impact they'll have on our digital lives. So, whether you're a creator, a buyer, or just someone interested in the digital world, NFTs are certainly worth keeping an eye on.

In the end, remember this: NFTs are tools. Like any tool, they're only as good as how you use them. So, get informed, stay updated, and use them wisely. Let's navigate this new digital landscape together!

If you're interested in learning more about NFTs and how they can help protect your creative and intellectual property rights, check out the workshop 'Sell Your Creations As NFTs' by Tom Glendinning. This workshop will provide you with valuable insights and advice on how to turn your creations into NFTs and ensure your rights as an artist are protected.