The IPKat

APRIL 19, 2023

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). On 30 April 2021, Free Holdings, a Canadian company, re-registered McCoy’s Quantum name in the Namecoin blockchain. a jpeg) stored on the cloud.

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The IPKat

JANUARY 13, 2022

Consider the recent WIPO webinar , "Blockchain Whitepaper for IP Ecosystems", at which the view was expressed that the future of IP management rights could include a solution that utilizes tokens, and, in particular, non-fungible tokens. Tokenization of IP In a nutshell, "tokenization" means using a smart contract (i.e.,

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Kluwer Copyright Blog

JUNE 19, 2023

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm. Valid Transfer of Rights?

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IP and Legal Filings

JANUARY 23, 2023

Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market. The fact that it cannot be duplicated by another token due to its unique ID is a noteworthy feature. NFTs are governed by smart contracts, which divide ownership and limit transferability.

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Olartemoure Blog

MAY 13, 2022

On 5 May 2022, The People’s Republic of China (PCR) deposited a declaration of extension of the territorial application of the United Nations Convention on Contracts for the International Sales of Goods (CISG) to Hong Kong, Special Administrative Region. . 12/05/22 – International Trade. 12/05/22 – International Trade.

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The IPKat

JUNE 27, 2022

NFTs – still subject to “old” IP law An NFT is a non-fungible (i.e. unique) and not divisible “token” (unlike cryptocurrencies like Bitcoin or Ether, which are instead fungible and divisible tokens) “minted” (i.e. A digital file (an artwork, a song, etc.), Yuga Labs, therefore, still owns the copyright in each NFT.

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Plagiarism Today

AUGUST 2, 2022

NFTs (Non-Fungible Tokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works. Back in November 2021, copyright non-repudiation service Safe Creative announced a new system that would affix copyright information to NFTs.

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Fish & Richardson Trademark & Copyright Thoughts

JUNE 16, 2022

Principal Cynthia Walden and Associate Sarah Kelleher discuss the non-fungible token (NFT) trend across the fashion industry and what this digital arena means for trademark protection and enforcement. NFTs are data units stored on a blockchain used to transfer ownership of physical items or digital media with smart contracts.

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Plagiarism Today

SEPTEMBER 28, 2021

On September 23, the art site PokerPaint announced on their Twitter (Tweet now deleted) that they were releasing a series of Non-Fungible Tokens (NFTs) on OpenSea. I also challenge you to at least try to draw a similar style before (1/2) — PokerPaint (@PokerPaint) September 25, 2021. From PokerPaint Websote.

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IP Tech Blog

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. Rothschild began selling his METABIRKINS NFTs in December 2021. This is highlighted in the case of Hermès International v.

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LexBlog IP

APRIL 1, 2022

As many know by now, non-fungible tokens (“NFTs”) are unique units of data stored on a blockchain that have become an increasingly popular way to buy and sell artwork (as well as all kinds of other things). The phrase “investment contract” is not defined in the Securities Act. Howey Co. , not the investor).

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LexBlog IP

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. Rothschild began selling his METABIRKINS NFTs in December 2021. This is highlighted in the case of Hermès International v.

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IIPRD

FEBRUARY 25, 2022

But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high as $2.47bn only 6 months into 2021.

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LexBlog IP

FEBRUARY 21, 2022

billion in sales in 2021 alone, the non-fungible token (“NFT”) has recently undergone a dramatic rise in prominence in the cryptoverse, similar to the “crypto summer” of 2017-18 or the “DeFi summer” of 2020. By: Joshua Durham. With an astounding $17.7

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LexBlog IP

SEPTEMBER 15, 2022

They are sold and/or traded in connection with “smart contracts” that govern the terms of transfer. In this case, beyond pure IP issues, the parties disagree over interpretation of Tarantino’s original contract with Miramax, in which he reserved all rights for print publication of the screenplay (including in digital form).

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Kluwer Copyright Blog

JANUARY 26, 2022

To give a bit of a context, it is worth noting that in July 2021, Andreesen Horowitz confirmed their commitment to crypto by announcing the launch of their $2.2 Besides, creators can benefit from smart contracts and determine that a certain percentage of the sales price goes to the original creator each time the work is resold.

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Herbert Smith Freehills

JULY 6, 2022

One recent case gives some indication on how the English courts are responding in a dispute about trading blockchain-based non-fungible tokens (NFTs) between a trading platform and its user ( Soleymani v Nifty Gateway LLC [2022] EWHC 773 (Comm) ). 100 winners of one NFT auction . 100 winners of one NFT auction .

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JIPEL Copyright Blog

MARCH 29, 2022

NFT stands for Non-Fungible Token and an NFT is a unique digital asset. The non-fungible nature of the asset means that it is non-interchangeable and the metadata attributed to each NFT is distinctive such that it may be used to verify the inimitability of a given asset. What are NFTs?

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IP and Legal Filings

SEPTEMBER 8, 2021

billion in 2021 to USD 2.2 Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. Non-Fungible Tokens (NFTs) have garnered attention and popularity in 2021.

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LexBlog IP

APRIL 13, 2022

As previously reported on this blog , non-fungible tokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens. Damon Dash. Miramax LLC v.

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IP and Legal Filings

AUGUST 13, 2022

Million in 2021 and the same almost quadrupled in 2021 with a total sale volume of $24.8 NFT stands for Non-Fungible Tokens. Crypto is fungible i.e., they can be traded; one for another however, NFTs are unique, and one can’t be equal to another. The NFT sale volume totalled $94.09

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SpicyIP

JULY 19, 2021

The Cinematograph (Amendment) Bill 2021: Overbroad, Disproportionate and Unnecessary. In this post , Adyasha analyses the Cinematograph (Amendment) Bill 2021 (‘Bill’) which seeks ‘ to tackle the menace of film piracy ’, and is a revision of the Cinematograph (Amendment) Bill 2019. The deadline for submissions is September 19, 2021.

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SpicyIP

AUGUST 30, 2021

The first prize goes to Ramakash G Suriaprakash, from Tamil Nadu National Law University, Tiruchirappalli (batch of 2021), for their essay titled, ‘Inventions Seriously Prejudicing the Environment: Can the Precautionary Principle Offer a Way Out?’ August 27, 2021]. August 26, 2021]. August 26, 2021]. August 26, 2021].

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IP and Legal Filings

FEBRUARY 7, 2023

The world’s most popular multiplayer online game platform, “Roblox,” hosted a virtual “Gucci Garden” for two weeks in 2021 for the well-known luxury fashion label “Gucci.” ” Non-fungible tokens (NFTs) have also been investigated by other Indian companies for application in the metaverse.

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Copyright Lately

NOVEMBER 21, 2021

Depending upon which side of the fence you’re sitting on, non-fungible tokens (NFTs) are either the greatest economic innovation of the twenty-first century or the biggest grift since Lyle Lanley sold Springfield a monorail. But love them or hate them, people can’t seem to stop talking about them. View Fullscreen.

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LexBlog IP

APRIL 25, 2022

When the Anti-Money Laundering Act of 2020 (“AMLA”) became law on January 1, 2021, it was described as the most influential anti-money laundering (“AML”) legislation since the USA PATRIOT Act. [2] billion” in the first three months of 2021. [28] Background. Auction Houses and Galleries. ” [23].

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