Bitcoin News and Finance
DC Comics Warns Freelancers Not to Participate in NFT Auctions Featuring the Company’s IP Skip to main content

DC Comics Warns Freelancers Not to Participate in NFT Auctions Featuring the Company’s IP

DC Comics Warns Freelancers Not to Participate in NFT Auctions Featuring the Company's IP

DC Comics, the American comic book publisher may be getting into the non-fungible token (NFT) ecosystem in the future. The company is the oldest comic book publisher in the U.S. owning characters such as Superman, Batman, and Wonder Woman. In a letter dated on March 11, 2021, DC Comics’ senior VP of legal affairs wrote a letter to freelancers that said “DC is exploring opportunities” to enter the NFT market economy.

‘DC Is Exploring Opportunities for the Distribution and Sale of Original DC Digital Art With NFTs’

A letter from DC Comics has been revealed from a report stemming from Gizmodo i09’s Rob Bricken that shows the American comic book publisher is exploring blockchain technology and more specifically non-fungible token (NFT) assets. The popular company also doesn’t want freelance artists auctioning NFT’s featuring DC Comics’ intellectual property (IP).

NFT technology has gotten so popular that the trend or search term “NFT” has touched the highest point it can on Google Trends statistical data. The letter authored by DC Comics’ senior VP of legal affairs Jay Kogan is a direct communication to freelance artists and it seemingly warns them not to create DC Comics-owned characters via NFTs.

“Non-Fungible Tokens (NFTs) are becoming the newest fan collectibles and have generated significant press and buzz in the digital space,” the letter from Kogan explains. “DC is exploring opportunities to enter the market for the distribution and sale of original DC digital art with NFTs including both new art created specifically for the NFT market, as well as original digital art rendered for DC’s comic book publications.”

The letter adds:

As DC examines the complexities of the NFT marketplace, and we work on a reasonable and fair solution for all parties involved, including fans and collectors, please note that the offering for sale of any digital images featuring DC’s intellectual property with or without NFTs, whether rendered for DC’s publications or rendered outside the scope of one’s contractual engagement with DC, is not permitted.

DC Staffers and Freelancers Should Contact DC Comics’ Talent Services First Before Engaging in NFTs Featuring Licensed DC Material

The letter may be a direct warning to DC staffers and freelancers that have already issued non-fungible token (NFT) assets with DC images or any artist for that matter. Days before Gizmodo i09’s editorial, comic book artist José Delgo sold a Wonder Woman-themed NFT collection via Makersplace. Delgo is well known for drawing Wonder Woman and other characters for DC comics over 30 years ago.

Kogan’s letter emphasizes that if any DC staffers or freelancers are approached about doing NFT art with DC characters in their work they have to let “Lawrence Ganem, DC’s VP, Talent Services know.”

“We expect the participation of DC’s freelance talent will be an integral component of the NFT program that DC puts into place,” the letter concludes. “We’ll share further information as it becomes available, and we appreciate your cooperation and partnership.”

What do you think about DC Comics’ warning letter to staffers and freelancers about NFTs? Let us know what you think about this subject in the comments section below.

Labels:

Comments

Post a Comment

Popular posts from this blog

Custodial Lightning Network Service Attack Discovered by LN ‘Newbie’ — Hacker Strikes 6 LN Custodians

On September 18, a Redditor posted to the r/bitcoin forum and explained how he discovered a way to “attack [the] lightning Network’s custodial services.” The Reddit account dubbed “Reckless Satoshi” wanted to figure out if a “discrepancy between real routing fees and service’s transaction fee can be exploited for a profit.” The researcher disclosed that he wanted to see how large the damage could be and said “it is bad.” 6 Lightning Network Custodial Services Attacked, Researcher Discloses Findings to Offenders Prior to Public Disclosure A Redditor called Reckless Satoshi published a disclosure post on r/bitcoin this past Saturday and disclosed how he had found a vulnerability with routing fees and some of the Lightning Network’s custodial services. The research attack was done in good faith and after it was complete he disclosed the bugs to the offending services before publishing his findings. Reckless Satoshi used the Lightning Network (LN) attack on six different services incl...
Post a Comment
Read more

Axie Infinity Down 40% Since Last Week’s Price High, Protocol Revenue Outshines Competitors

Last week, the game token leveraged within the Axie Infinity gaming universe skyrocketed to all-time highs, while other crypto markets remained extremely lackluster. During the last seven days, Axie Infinity’s platform token has dropped significantly in value shedding more than 12%. Meanwhile, the game platform’s smooth love potion token has slid over 8% over the last 24 hours. Axie Infinity Down More Than 40% Since All-Time High Not too long ago, the axie infinity (AXS) token was a topical conversation because it reached an all-time high on July 15. At the time, AXS managed to capture $28.93 per unit and since then it has shed 12.8% during the last seven days. The axie infinity (AXS) token is used within the blockchain-based game that involves battles between token-based creatures called “Axies.” AXS is used for the game’s governance system as well as other actions within the game. At the time of writing axie infinity (AXS) is exchanging hands for $16.70 per coin. AXS/USD on Ju...
Post a Comment
Read more

Play-to-Earn Game From Polker (PKR) Exchange Listing – Endorsed by Akon

The Play-to-Earn NFT based Polker.Game ‘s native token $PKR has been officially listed on the popular centralized exchange BitMart. Polker.game has been in the spotlight recently as Akon, the American R&B superstar and record producer gave his official endorsement of polker stating that the “game is revolutionary” and that Polker is “hands down.. the best play to earn, NFT game in the space.”. With the BitMart listing and celebrity endorsement from Akon, Polker is perfectly positioned to become a major player in the Play-to-Earn league. Watch Akon’s Video Here What is Play-to-Earn? Although not a new concept, play-to-earn has become a trending term due to the popularity of the NFT game AXIE infinity. In the past, previous play-to-earn games have also achieved success – however, thanks to the huge amount of development in the blockchain space in recent years the gaming experience is now massively improved. Play-to-Earn games are essentially free to play and open to anyone and...
Post a Comment
Read more

China to Crack Down on Copyright Infringement Through NFTs

Authorities in China are going after creators of digital collectibles based on other people’s works of art, the use of which was not authorized. The government offensive is part of a campaign to combat online copyright infringement and piracy with the participation of several departments. Regulators in China Move to Strengthen Copyright Supervision of Online Platforms The National Copyright Administration of China (NCAC) has recently launched a campaign against copyright infringement and piracy on the internet, together with the Ministry of Industry and Information Technology, the Ministry of Public Security, and the State Internet Information Office of the People’s Republic. A major objective of the initiative is to improve copyright supervision of online businesses by investigating cases involving the sale and distribution of infringing products on short video, live broadcast and e-commerce platforms, and promptly dealing with infringing content, the agency announced in a press r...
Post a Comment
Read more
Blogarama - Blog Directory