A British committee made up of members from different political parties wants the country’s government to work with the NFT market to address copyright infringement and introduce a code of conduct to better protect creators, according to a report released on Wednesday. The organization began investigating NFTs in November.
Ms Caroline Dinage MP, chair of the Culture, Media and Sport Committee, said artists were at risk of seeing the results of their hard work being fabricated and promoted without permission, in a fraudulent and misleading way Sexual advertising adds an extra layer of danger for investors involved in an already risky industry.