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Fair Use Clauses & Non Fungible Tokens

Traverse Legal Blog

Non fungible tokens (NFTs) , the latest vehicle for capturing, linking to and licensing intellectual property. NFTs are being used in all forms of entertainment, gaming, art and science. Linking your copyrighted work to a NFT and recording ownership on the blockchain shows provenance or immutable ownership.

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Trademarks and the Metaverse: Imaginary Rights or Real Wrongs?

SpicyIP

In the US too, several companies are protecting their trademarks for similar goods and services. Hermes has sued a Californian artist, Mason Rothschild, for his “MetaBirkins” digital artworks alleging trademark infringement. Application date. Description (shortened). Feb 25, 2022. Feb 22, 2022. Dec 21, 2021.

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Rise Of IP Issues Due To The Increasing Popularity Of NFTs

IIPRD

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. IP Implications under NFTs.

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Role Of NFTs In The Fashion Industry: An Overview

IIPRD

Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. Introduction. What are NFTs?

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IP and NFTs: Where are We?

LexBlog IP

NFTs are units of data stored on a blockchain that signify ownership of (supposedly) unique digital media items. Judge Rakoff did observe that use of NFTs in connection with the underlying work should not automatically strip the work of artistic significance.

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NFT Update:  5 Recent Lawsuits Show a Glimpse into Future Legal Battles Involving NFTs 

LexBlog IP

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. Miramax LLC v.