Are you an aspiring artist, looking to make the jump into the NFT realm? If so, then you may be wondering, Is it legal to sell the same art as NFT through different platforms? The answer isn’t as straightforward as one might think. It is important to understand the legal implications of pursuing this path.

After all, you don’t want a troubling situation after selling the same art through two or more different platforms, it may create legal implications.

To help you make a more informed decision, let’s take a closer look at this topic and see whether it is legal or not to sell the same art as NFT through different platforms. You may be surprised to learn the answer.

The Legalities of Selling the Same Art as NFT

The legality of selling the same art as an NFT through different platforms depends on a few factors:

Copyright Protection

When it comes to copyright, many artists are surprised to learn that the act of creating an NFT does not automatically grant copyright protection. It’s important to note that the copyright is actually held by the creator of the artwork.

Many people think of NFT as a scam, so you should have a clear understanding of the copyright laws involved. Thus, make sure you are complying with them before selling any digital artwork.

Digital Rights Management

Digital rights management DRM is an important consideration and one of the main reasons why it is illegal to sell the same art as NFT on different platforms. DRM ensures that any artwork you create and upload to a digital platform is properly managed and secure against unauthorized distribution. Without the proper DRM in place, it is possible to share artwork illegally, resulting in legal action.

Platform Rules and Regulations

Every Marketplace has different rules and regulations regarding the sale of digital artwork. Some platforms like OpenSea may allow you to buy and sell the same art as an NFT through multiple platforms, while others may have more strict limitations.

It’s important to get the awareness of these rules before attempting to sell the same art as an NFT through different platforms. For this, give a quick read to the NFT marketplace guide.

Tax Implications

Depending on where you live, there may be tax implications for selling similar art as an NFT. It’s important to understand these laws and make sure you comply with them before selling any digital artwork.

Plus, you may find yourself in a sticky situation if you find yourself selling the same art as an NFT through different platforms without proper tax documentation.

Market Reputation

Imagine if you are selling a similar NFT on multiple platforms and customers find out. It’s not the best idea and will certainly ruin your reputation.

Collectors will not buy from you again if they find out you are selling the same artwork on multiple platforms. Even if it is not illegal, it isn’t a good business practice. 

Final Verdict- Is it Legal to Sell the Same Art as NFT Through different Platforms?

The answer is technical yes, you can legally sell the same art as an NFT through different platforms. However, it is not recommended from the perspective of sales and reputation. Reputable buyers will likely think twice before purchasing an NFT from someone who is selling the exact same piece on different marketplaces, especially if the prices vary.

For maximum reach and impact, it’s best to mix things up by offering different NFTs on different marketplaces. In this way, you can request a wider range of buyers and maintain your reputation as an artist who offers unique and interesting art pieces. You can also curate each collection to have a specific theme, making it more attractive to buyers.

A few people sell on different blockchains, like Ethereum and Wax, often with the same artwork. It’s important to know that this is legal but generally not recommended as it can potentially damage your reputation.

Even you can turn your physical art into NFT in the process. So, why not make it special? In the end, selling on different marketplaces with unique art is recommended for the best possible outcome.