Abstract

This study analyzes the potential benefits and legal issues that arise, especially in the field of intellectual property due to the practice of commercializing songs and/or music through NFTs by musicians in Indonesia. Through descriptive analytical research using a normative juridical approach, the results of this study indicate that there are various potential benefits that can be obtained by musicians and the public as NFT buyers if works in the form of songs and/or music are commercialized through NFT. However, aside from that, there are also potential problems, such as the current absence of regulations in Indonesia that specifically regulate NFTs, which causes legal uncertainty. Indonesia needs to issue regulations that specifically regulate the legality of NFTs through a multidisciplinary approach, especially from the technological and legal aspects.

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.