This chapter explores the transformative convergence of financial technology (FinTech) with the creative and cultural sectors. It examines how blockchain, tokenization, and smart contracts are reshaping the art, music, and performing arts industries by enabling fractional ownership of assets, automating royalty payments, and creating new decentralized funding models such as DAOs. The analysis highlights significant legal and regulatory challenges, including the classification of tokenized assets under securities law, the enforcement of smart contracts, and the complexities of intellectual property rights in a digital economy. Ultimately, the chapter presents FinTech as a powerful tool for democratizing access, increasing transparency, and ensuring sustainable financial support for creative expression, while calling for evolving legal frameworks to govern this innovative fusion of art and finance.

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Creative Economies, Art Law and FinTech Innovations

  • Amelia Lo,
  • Clarie Ku

摘要

This chapter explores the transformative convergence of financial technology (FinTech) with the creative and cultural sectors. It examines how blockchain, tokenization, and smart contracts are reshaping the art, music, and performing arts industries by enabling fractional ownership of assets, automating royalty payments, and creating new decentralized funding models such as DAOs. The analysis highlights significant legal and regulatory challenges, including the classification of tokenized assets under securities law, the enforcement of smart contracts, and the complexities of intellectual property rights in a digital economy. Ultimately, the chapter presents FinTech as a powerful tool for democratizing access, increasing transparency, and ensuring sustainable financial support for creative expression, while calling for evolving legal frameworks to govern this innovative fusion of art and finance.