Tokenization of creativity: user motivation, consensual value and Chinese copyright law

The subject of this study is the legal-economic analysis non-fungible token phenomenon. Due to a priori accessibility many tokenized intellectual products, ability monetize them by copyright methods turns out be hard implement. paper puts forward hypothesis that owners apply innovative monetization methods, which do not stand on prohibition and restriction access protected results activity. Instead deactivated restrictions, buyers receive some new, additional, non-trivial economic utility researchers have reflected yet. If exists, we should identify, analyze include it in equation relations regarding NFT. second stems from first one. It states creative activity post-economic society take place new etalon value, replaces materialistic standard worth based rarity. consensual value contained works brings additional motivators for purchasers compensates lost sources income. Our goal put verify scientific hypotheses works' non-obvious existence. We suppose substitutes traditional ban-based abilities. research's purpose also theoretically generalize its formulate concept explains motivation tokens sets regulations NFT market. Methodology. phenomenon verification formulated conducts standpoint law, economics, an interdisci-plinary – institutional point view, as well with help monistic doctrine People's Republic China. research methodology includes relevant body knowledge various points view scientists research. study's main result novel elaborated owner's moral right. This fills rising utilitarian digital rights essence. constructed right consisting two powers: designate one's name owner specific product demand such indication others; also, duty platforms support function informing about or pseudonym token's owner. Analysis appropriate accumulated knowledge, development, utility, allowed us achieve goals study. resolve issue purchasers' grounds their rational behavior formulating substantiating tokens'