Source | Art News
As the NFT hype begins to wane, professionals in the tech, art, and legal fields are attempting to create some long-term stability by addressing the many issues that plague the medium. CXIP Labs, a new start-up that aspires to create a verification process for NFTs, aims to reduce art theft by providing a minting service that works across marketplaces.
Jeff Gluck, the program’s founder, is an intellectual property lawyer focused on artists’ rights. He recently worked with street artist Smash 137, who sued General Motors after the company used the artist’s work for its advertisements. Smash 137 alleged that the car company did so without their consent.