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DC Comics advised freelancers in March that intellectual property (IP) and characters owned by them were off-limits and they should not mint their Marvel-brand IP for NFTs asset sales.
According to a recent source, Marvel Comics has also informed freelance artists that the selling of NFT items containing Marvel's intellectual property is prohibited.
Marvel Comics Recommends That Freelancers Do Not Mint Their Marvel-Brand NFTs, And Publisher
According to a report published on Friday, Marvel Comics, the world's largest comic book publisher, does not want artists minting Marvel's products and intellectual property for NFT sales.
DC Comics' legal head issued a letter to employees and freelance artists in March urging them to stop and desist NFT ventures that use DC Comics' intellectual property.
Before the letter was issued, a Wonder Woman-themed NFT collection was sold on Makersplace by José Delgo, a comic book artist.
“Please be advised that the offering for sale of any digital pictures depicting DC's intellectual property, with or without NFTs, whether produced for DC's publications or rendered outside the scope of one's contractual engagement with DC, is not permitted.”
According to the letter from DC's legal staff. Following the message, one artist put it on Opensea and sold it for $2,000 in Ethereum as NFT art titled "A Marvel to Behold" (ETH).
The story regarding Marvel's cease and desist letter was authored by Bloomberg writer Madis Kabash.
Marvel Intends To ‘Introduce New Opportunities For Marvel Creators
Marvel's entry into the NFT space, with the comic book publisher teaming up with Orbis Blockchain Technologies Limited and the Veve Digital Collectibles app.
At the start of August, the company celebrated "Marvel Month" by releasing Spider-Man non-fungible tokens.
To honor the company's 81st anniversary, Marvel issued Captain America NFTs towards the end of August.
In a response to Bloomberg contributor Madis Kabash, Marvel reiterated that the company will provide chances to its creators. According to Marvel:
"Marvel Comics intends to expand possibilities for Marvel creators on Veve's platform."
The Bloomberg editorial team visited with comic book industry leaders, including New Jersey-based comic dealer Jason Schachter.
According to the secondary dealer, artists used to be able to sell originals without issue, and that this had been the case for "decades."
“Creators have always had the ability to sell their originals directly,” Schachter said in an interview.