NFTs, Metaverse & IP Rights: A Review

NFTs, Metaverse & IP Rights: A Review

Prof. Shruthi M N

Industrial Engineering & Management

R V College of Engineering Bengaluru, KA -

59 shruthimm@rvce.edu.in

Mohammed Adnan

Computer Science & Engineering

R V College of Engineering Bengaluru, KA -

59 mdadnan.cs223@rvce.edu.in

Jahnavi Rai

Computer Science & Engineering

R V College of Engineering Bengaluru, KA -

59 jahnavirai.cs22@rvce.edu.in

Mehul Maheshwari

Computer Science & Engineering

R V College of Engineering Bengaluru, KA - 59

mmaheshwari.cs22@rvce.edu.in

Mohammed Ilham

Computer Science & Engineering

R V College of Engineering Bengaluru, KA - 59

mohammed.ilham.cs23@rvce.edu.in

Abstract—Non-Fungible Tokens (NFTs) and the Metaverse have emerged as transformative digital technologies that present significant implications for intellectual property (IP) rights [1]. This comprehensive review paper synthesizes existing research on the legal, technological, and economic aspects of NFTs and the Metaverse, particularly in the context of copyright protection, key technologies for IP safeguarding, and regulatory challenges [2]. Through systematic analysis of 25 peer-reviewed sources and case studies, this paper identifies critical gaps in existing frameworks and proposes evidence-based directions for future advancements in legal and technological domains [3]. The research explores the multifaceted advantages of IP protection in digital ecosystems, including fraud prevention, market trust enhancement, and novel revenue stream creation for content creators [4]. Our findings reveal that while blockchain technology offers unprecedented op- portunities for IP protection, significant regulatory and technical challenges persist, requiring coordinated international efforts to establish comprehensive governance frameworks [5].

Index Terms—Non-Fungible Tokens, Intellectual Property Rights, Metaverse, Blockchain Technology, Digital Assets, Copy- right Protection, Smart Contracts