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Copyright Challenges with Non-Fungible Tokens

Intepat

The Metaverse represents a parallel universe where individuals, via their avatars, engage in activities much like in the real world—buying properties, acquiring accessories, selling goods, and even earning money. NFTs are unique digital tokens that represent ownership of specific digital assets. billion in 2021 to $27 billion by 2028.

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Protection of Intellectual Property (IP) in the Metaverse

Kashishipr

With the Metaverse and Non-Fungible Tokens (NFTs) being the common buzzwords as of late, the USPTO (US Patent & Trademark Office) has been experiencing a significant rise in the number of Trademark Applications filed in the virtual sphere to safeguard the products and services. Market Reach & Presence.

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Tokenization of intellectual property for IP rights management

The IPKat

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. royalty payments, time of use), or separately linked to the token.

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Miramax Gets Medieval on Quentin Tarantino’s Pulp Fiction NFTs: Takeaways for Non-Fungible Token (NFT) Creators, Buyers and Sellers

JD Supra Law

NFT's have reignited and expanded the market for digital art. When Hollywood director Quentin Tarantino tried to create an NFT project using intellectual property owned by the studio, the reaction from the execs was less than enthusiastic. By: Jaburg Wilk

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Senators Ask USPTO and US Copyright Office to Conduct NFT Study, with a Focus on IP Issues

JD Supra Law

With a market capitalization forecast of over $35 billion for 2022, there is no question that non-fungible tokens (NFTs) are hugely popular. Despite this, the intellectual property rubric underlying these NFT offerings are inconsistent, confusing, and in many cases in conflict with applicable law.

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Unique IP Concerns When Celebrities and Athletes Are Involved in NFT Projects

JD Supra Law

Given the recent rise in the popularity and profitability of non-fungible tokens (NFTs), celebrities have entered the market not only by purchasing NFTs, but also by minting their own.

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The USPTO and USCO Delivered a Report to Congress on IP Issues with NFTs – Maintains Existing IP Regime

Intellectual Property Law Blog

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”).

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