Artwork Due Diligence Intellectual Property Ownership 
Traverse Legal Blog
APRIL 17, 2021
There are open auctions, limited auctions, various flavors of ownership for the NFT, and sales of both digital and non-digital assets. Was that ownership transferred, and if so, to whom? What kind of private key do you have attached to that ownership? What kind of private key do you have attached to that ownership?
Traverse Legal Blog
MARCH 8, 2022
Just like Luis Vuitton can shut down counterfeiters of similar bags, so can your NFT project if you set the correct foundation protecting your intellectual property rights. Due diligence is critical. Copyrights protection for the artwork itself is also critical. Think about fake Louis Vuitton handbags.
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The IPKat
NOVEMBER 1, 2022
Many of the marks had lapsed due to non-renewal, and none was in the name of the City of Vernon. He then searched the Copyright Database maintained by the Canadian Intellectual Property Office (CIPO). Apparently, it was out of an excess of caution and due diligence, just in case there might be a challenge.
LexBlog IP
NOVEMBER 6, 2023
However, two months later, the museum filed a complaint against NYDA to block the seizure order by contesting its rightful ownership of the statue. Ownership Interest In the case of Republic of Croatia v. The court underscored the need to determine whether the claimants can establish ownership of the Treasure.
LexBlog IP
APRIL 25, 2022
AML/CFT regime related to beneficial ownership, real estate, and investment advisers and nonfinancial gatekeepers before turning its attention to the high-value art market.” ” [5] The Report only discussed money laundering, ignoring other known risk areas in the art market, such as the sale of forged or stolen artworks. [6].
Copyright Lately
MAY 6, 2022
The same rule applies to digital artworks sold as NFTs. It would have taken a bit of due diligence, but not much. Here’s the first clause, section (i), dealing with ownership of the Bored Ape NFTs: “i. What you can’t do is make your own “Dune” movie. Definitely. You Own the NFT.
IP Whiteboard
JUNE 7, 2021
And what role does intellectual property ( IP ) play in their creation and sale? This means that each time an NFT changes hands, the transaction is verified, adding a new record to the chain of ownership. NFTs have a variety of uses which extend far beyond digital artwork. But what are NFTs? We’re glad you asked.
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