The legal side of NFT copyright has been in a fog ever since the 2021 NFT boom. This year, an ownership protocol called BKopy aims to change this by offering NFT owners legal rights to use their assets via digital signatures. In fact, NFT creators<\/a> can include any legal agreements they need within their own NFTs\u2019 smart contracts. This new concept recently convinced Sotheby to use it for its first Metaverse sale of \u201cInfocalypse\u201d from their \u201cSnow Crash\u201d project on February 27th \u2013 but why?<\/p>\n In essence, BKopy is a new company that helps NFT creators incorporate copyright or other legal obligations within their smart contracts. As a user, you can embed digital signatures with actual legal value into each NFT transaction.<\/p>\n In other words, this new system links legal documents with intellectual property and the Web3 world. This includes, for example, your NFTs\u2019 rarity, authenticity, origins, and other critical artwork-related aspects.<\/p>\n \u201cThe NFT boom has tantalized artists and buyers alike. But there\u2019s room for improvement as the current system leaves artists vulnerable to exploitation by players who ignore the terms of \u2018contracts,’\u201d<\/em> said \u201cmetaverse\u201d pioneer Neal Stephenson. \u201cBKopy provides artists and collectors with the same protections they take for granted in the world of physical art, and I\u2019m excited to be an early adopter.\u201d<\/em><\/p>\n Smart contracts always came as proof of ownership. However, the artwork itself and its rarity or creator royalties were never truly protected. That\u2019s precisely why so many NFT projects have stolen details from successful drops or collections.<\/p>\n![\"abstract](\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/sothey-bkopy-copyright-nft.jpg.webp)
\n<\/picture>\n<\/noscript>What is BKopy?<\/span><\/h2>\n
![\"abstract](\"https:\/\/nftevening.com\/wp-content\/uploads\/2023\/03\/bkopy-copyright-nft-scaled.jpg.webp)
\n<\/picture>\n<\/noscript>How Can This System Change NFT copyrights?<\/span><\/h2>\n