Digital Objects of Fine Art and NFT: Myths and Reality

Abstract

A non-fungible token is a digital unit of accounting, with the help of which a digital impression is created for any unique physical item or object, including a digital one, for subsequent performance of various types of transactions, including transactions within a closed blockchain system. The development of digital technologies, including NFT, poses many questions to the researchers. The author of this article conducts a comparative analysis of digital objects and NFT, considers the problems regarding NFT and copyright to the works of fine art, the transition of the right to NFT and the transfer of copyright, possible violations of copyrights using NFT, etc. The need and feasibility of changing the current legislation is assessed.