How do NFTs work under Turkish Copyright Law?
Non-fungible tokens (NFTs) have become increasingly popular in the art world, creating legal challenges for intellectual property law. The Law No. 5846 on Intellectual and Artistic Works (“the Law”) provides copyright protection to NFTs, and their financial rights may be transferred through written agreements. Financial rights include the right to reproduce, disseminate, represent, and transmit the work to the public, while moral rights are attached to the creator of the work and may not be transferred. NFT owners can benefit from financial rights under Turkish law unless specified in the sales agreement. Anonymity poses a challenge to copyright protection.