Traverse Legal Blog

OCTOBER 20, 2022

Whether you are looking to make your own non fungible token to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Are NFTs (Non Fungible Tokens) Considered Intellectual Property?

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Non-Fungible Tokens Copyright Law Trademark Copyright 49

LexBlog IP

JULY 13, 2021

This article will try to explain just what an NFT is and, because of their relationship to the creative arts, some of the intellectual property issues surrounding them. What is the difference between “fungible” and “non-fungible”? So where does intellectual property crop up in this?

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Intellectual Property Non-Fungible Tokens Art Ownership 59

IP Watchdog

MAY 18, 2022

In January 2022, StockX announced its plans to launch The Vault, which uses non-fungible tokens (NFTs) to allow buyers to track ownership of physical products resold on its e-market and warrant their authenticity, including Nike shoes.

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Non-Fungible Tokens Trademark Ownership Marketing 120

The IPKat

JULY 14, 2022

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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Non-Fungible Tokens Artwork Editing Contracts 144

IIPRD

AUGUST 4, 2022

A common issue among digital influencers is whether the content they generate is protected by intellectual property rights. Types of Intellectual Property Rights applicable to Digital Influencers. However, in order to have legal proof of ownership, it is always advisable to register for copyright registration.

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Social Media Intellectual Property Non-Fungible Tokens Music 45

IPilogue

MARCH 14, 2022

and requiring someone to repeat their answer after you zoned out, here is the definition: Non-fungible token (“ NFT ”): a digital asset that represents real-world objects like art, music, in-game items, and videos. This type of lawsuit was bound to happen, and the intellectual property law sector needs answers.

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Non-Fungible Tokens Ownership Intellectual Property Intellectual Property Law 122

JD Supra Law

JULY 5, 2022

In this episode, our lawyers discuss non-fungible tokens, better known as NFTs – including defining what an NFT is and is not, how to create one and post it to a marketplace, and the rights and responsibilities of ownership. By: Ballard Spahr LLP

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Non-Fungible Tokens Business Intellectual Property Ownership 52

IP Watchdog

NOVEMBER 18, 2021

Director Quentin Tarantino’s 1994 Pulp Fiction, considered among the most influential films in modern history, has emerged as a test case of sorts for issuing non-fungible tokens (NFTs) that relate to a copyright-protected work. The lawsuit, filed in the U.S.

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Non-Fungible Tokens Ownership Contracts IP 125

Traverse Legal Blog

AUGUST 15, 2022

An NFT or “non-fungible token” is a digital asset that links ownership to unique digital items. Non-fungible tokens have been designed to give you ownership of something that cannot be replicated or copied. An NFT shows proof of ownership for a digital object. What are NFTs?

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Non-Fungible Tokens Ownership Intellectual Property Artwork 52

Plagiarism Today

MARCH 16, 2022

” NFTs, or non-fungible tokens, have seen both big sales and big business in the past year. They are essentially a receipt that is placed on the blockchain that allows a purchaser to claim “ownership” over that particular NFT. It’s an attempt to add scarcity to digital goods.

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Non-Fungible Tokens Copyright Plagiarism Intellectual Property 192

LexBlog IP

MARCH 13, 2024

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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Reporting Non-Fungible Tokens IP Intellectual Property 52

Garrigues Blog

OCTOBER 26, 2022

The European Union Intellectual Property Office (EUIPO) has issued its guidelines on the classification of goods and services relating to NFTs, establishing the bases to approach the legal challenges resulting from their registration and the scope of protection afforded to owners. Garrigues Intellectual Property Department.

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Non-Fungible Tokens Trademark Intellectual Property Art 52

Olartemoure Blog

SEPTEMBER 27, 2022

The online clothing, the virtual versions of the items, are in the form of what is known as NFTs (non-fungible tokens). Intellectual Property has therefore become an important issue for brands , which are taking steps to protect their goods in this platform.

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Branding Brands Branding Non-Fungible Tokens 98

Intepat

SEPTEMBER 15, 2023

This burgeoning genre is not only pushing the boundaries of artistic expression but also challenging the established norms of copyright ownership. This blog post embarks on a comprehensive journey to unravel the complex issue of copyright ownership in AI-generated art. Copyright laws are designed to safeguard the rights of creators.

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Art Copyright Ownership Non-Fungible Tokens 105

TorrentFreak

FEBRUARY 8, 2023

The fleeting non-fungible token (NFT) craze showed that some people are willing to pay vast amounts of money for digital assets that are not guaranteed to retain their value. In addition to the ‘collectible’ aspect, NFTs can also be used as proof of ownership or access.

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Non-Fungible Tokens Cease and Desist Intellectual Property Law Copying 94

LexBlog IP

NOVEMBER 13, 2023

Introduction Digital technologies such as the metaverse, non-fungible tokens ( NFTs ), blockchain and augmented realities are directly influencing how we cultivate and protect various forms of intellectual property, including trade marks. physical) marks.

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Non-Fungible Tokens Technology Business Branding 52

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. Read the full article on World Intellectual Property Review. PDF copy available.

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Non-Fungible Tokens Intellectual Property Trademark Branding 40

The IPKat

JUNE 13, 2022

There has obviously been a considerable amount of excitement around non-fungible tokens (NFTs) over the last few years and some interesting developments in the last few months. In a landmark ruling , the High Court recognised NFTs as legal property. The terms of ownership and remuneration vary between platforms.

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IP and Legal Filings

JANUARY 23, 2023

Introduction Intellectual property entails the protection of legal rights for inventions and creations made by individuals or businesses using their minds. Such works of art benefit the creator, and they are protected by the law of intellectual property. These advantages can be made profitable for the owner.

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Non-Fungible Tokens Copyright Intellectual Property Ownership 75

IPilogue

MARCH 16, 2022

On February 4, the Recording Industry Association of America (“RIAA”) sent a demand letter to HitPiece.com’s lawyer and its founders, demanding that it stops infringing music creators’ intellectual property rights. Non-fungible tokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded.

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Music Non-Fungible Tokens Social Media IP 131

Kluwer Copyright Blog

OCTOBER 5, 2022

NFTs (non-fungible tokens) have become a buzzword in recent years. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded ”. Crucially, the ownership of an NFT does not equate to ownership of an underlying asset. by Alexander Puutio. €

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Licensing Technology Public Domain Non-Fungible Tokens 110

Traverse Legal Blog

APRIL 17, 2021

With that in mind, we now have something called non-fungible tokens or NFTs. Top marketing places include: OpenSea – Built on ERC-721 and ERC-1551 non-fungible token standards – the largest marketplace for creator-owned digital goods – easy onboarding experience for new users – create your own storefront.

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Due Diligence Licensing Non-Fungible Tokens Copyright 113

Traverse Legal Blog

MARCH 8, 2022

Today, we’re going to talk about non-fungible tokens (NFTs). 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. My name is NFT lawyer Enrico Schaefer. art, photograph, video, NFT asset).

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Non-Fungible Tokens Artwork Licensing Branding 131

LexBlog IP

FEBRUARY 16, 2022

Hermes recently sued a digital artist for knocking off its Birkin handbag through the issuance of MetaBirkin non-fungible tokens (“NFT”). Finally, properly protecting your NFTs requires contracts with specific terms as to minting, royalty rights, and intellectual property ownership.

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Art Non-Fungible Tokens Intellectual Property Ownership 52

IP and Legal Filings

OCTOBER 20, 2022

NFTs ( Non-fungible token ) are digital assets that represent tangible or intangible items, built on existing or newly-created blockchain networks. Since each NFT has a unique encoding, unlike cryptocurrencies with fungible properties, its denomination is based on the quantity and uniqueness of each item.

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Non-Fungible Tokens Artwork Ownership Art 68

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. IP Implications under NFTs.

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Non-Fungible Tokens IP Ownership Intellectual Property 40

Kluwer Copyright Blog

JANUARY 26, 2022

“Web3 cannot and should not be reduced to blockchain when the real shift is towards user ownership of digital assets… This definitional shift focuses attention on what assets can be legally owned and the meaning of ownership “rights,” more generally, in the emerging digital spaces of web3.”. . user ownership of digital assets)?

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Ownership IP Non-Fungible Tokens Technology 117

IP and Legal Filings

OCTOBER 28, 2022

Non-fungible tokens (“NFTs”) continue to be popular. NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world. Intellectual property rights are a key consideration when it comes to NFTs because they contain art, music, videos, pictures, and other creations.

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Non-Fungible Tokens Intellectual Property Registering Trademarks Trademark Law 83

JIPEL Copyright Blog

MARCH 22, 2022

Non-fungible tokens, known colloquially as NFTs, have gained popularity due to both their scarcity and variety. However, NFTs associated with music are especially poised to challenge traditional intellectual property rights and the future of the music industry.

Music 40

Music Non-Fungible Tokens Intellectual Property Social Media 40

Traverse Legal Blog

OCTOBER 20, 2022

Non fungible tokens (NFTs) , the latest vehicle for capturing, linking to and licensing intellectual property. The tokenization of digital files so that a single owner of that file can be recorded on the blockchain and identified is an important breakthrough in IP protection. . Like us on Facebook- [link].

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Non-Fungible Tokens Fair Use Intellectual Property Copyright Infringement 40

IP Tech Blog

JANUARY 4, 2023

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. What is the intellectual property right that most suits NFTs? It starts with the Chinese translation of Non-Fungible Tokens.

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IP Ownership Non-Fungible Tokens Copyright Law 109

Kluwer Copyright Blog

JULY 5, 2022

In particular, non-fungible tokens (NFTs), crypto and metaverse have dominated our infospace. Then, there is a second version of property ownership, as seen in the Second Life – virtual goods created by users, which belong to them. NFTs could potentially enable ownership but this is yet to be seen.

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Ownership IP Non-Fungible Tokens Intellectual Property 56

IP and Legal Filings

SEPTEMBER 30, 2022

NFTs are an attempt to enforce decentralization, ownership tracking, and value storage, while also making the lawful owner’s claim to the original work visible in the event of duplication. It aims to act as valid proof of ownership and grants the creator “digital bragging rights” through traceable proof of ownership.

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Non-Fungible Tokens Ownership Contracts Copyright 52

Corsearch

NOVEMBER 15, 2022

NFTs have steadily grown in popularity over the last couple of years, challenging our perception of art, fashion, reality, possession, and intellectual property rights. However, there is a growing market of unauthorized NFTs, with creators simply lifting the intellectual property of brands, artists, and celebrities.

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Branding Brands Branding Non-Fungible Tokens 52

Biswajit Sarkar Copyright Blog

JUNE 23, 2022

Given the rapid growth of Non-Fungible Token (NFT) market, it was just a matter of time until a court recognised the labyrinth of intellectual property difficulties that surrounded the distribution and sale of NFT digital works. Court decided that an NFT platform must be responsible for the digital works it trades.

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Copyright Infringement Copyright Non-Fungible Tokens Artwork 52

Biswajit Sarkar Copyright Blog

JUNE 23, 2022

Given the rapid growth of Non-Fungible Token (NFT) market, it was just a matter of time until a court recognised the labyrinth of intellectual property difficulties that surrounded the distribution and sale of NFT digital works. Court decided that an NFT platform must be responsible for the digital works it trades.

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Copyright Infringement Copyright Non-Fungible Tokens Artwork 52

IIPRD

OCTOBER 17, 2022

In the present case too there will be many legal issues related to Intellectual Property. There is an urgent need to shed some light on intellectual property infringement in this virtual world which will be dealt with further in the article. Intellectual Property and Metaverse. Trademark Infringement.

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IP Non-Fungible Tokens Intellectual Property Trademark 52