JD Supra Law

OCTOBER 29, 2021

This month, Trademark Associate Sarah Anderson covers "Business Considerations for Non-Fungible Tokens (NFTs).". Once a month, we cover an interesting topic in 60 seconds. By: Kilpatrick Townsend & Stockton LLP

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JD Supra Law

FEBRUARY 11, 2022

Non-fungible tokens (NFTs) provide new avenues of investment and secured lending opportunities for borrowers and lenders alike but also raise number of legal considerations. By: Adler Pollock & Sheehan P.C.

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Biswajit Sarkar Copyright Blog

MAY 30, 2022

One of the biggest stories of 2021 in the ever evolving world of distributed ledgers and crypto currencies has been the rise of Non-Fungible Tokens (NFTs). A Non-Fungible Token or NFT is a programmable digital unit of value which is recorded on a digital ledger. Introduction. What is NFT?

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JD Supra Law

DECEMBER 8, 2022

On November 23, 2022, the US Patent & Trademark Office and the US Copyright Office announced that they are seeking public input on intellectual property (IP) considerations related to non-fungible tokens (NFTs). By: McDermott Will & Emery

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IP Tech Blog

JULY 6, 2021

NFTs are digitally unique “non-fungible tokens,” based on block chain technology, that are used to manage the IP rights of artists in underlying works. The post The Uncharted Legal Territory of Non-Fungible Tokens appeared first on Global IP & Technology Law Blog. Read more here.

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Barry Sookman

JUNE 28, 2021

My focus was on non-fungible tokens (or NFTs) and intellectual property rights. … The post Non-fungible tokens (NFTs) and intellectual property rights appeared first on Barry Sookman. … The post Non-fungible tokens (NFTs) and intellectual property rights appeared first on Barry Sookman.

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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. . Does “Fair Use” Apply to NFTs?

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IP and Legal Filings

SEPTEMBER 30, 2022

Concerns have been expressed regarding the legal status and the authenticity of such tokens, especially in India. The post Non-Fungible Tokens in India- Implications Buyers Must Consider first appeared on IPLF. Image source:Gettyimage].

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JD Supra Law

APRIL 13, 2022

Introduction - THE METAVERSE: A GENERAL OVERVIEW - Although it may seem that the Metaverse is a new catchphrase, which is further emphasised and made more popular in the technology space with the rebranding of Facebook as Meta, the original version of the Metaverse was created as far back as 2003 by Philip Rosedale and was called “Second Life”1 , a (..)

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LexBlog IP

JULY 6, 2021

NFTs are digitally unique “non-fungible tokens,” based on block chain technology, that are used to manage the IP rights of artists in underlying works. New and innovative uses for NFTs are arising now across a variety of industries.

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JD Supra Law

DECEMBER 14, 2021

While intellectual property legal disputes are nothing new in Hollywood, the non-fungible token (“NFT”) subject matter makes the case novel. By: Jaburg Wilk

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JD Supra Law

MARCH 25, 2024

The US Patent and Trademark Office (USPTO) and the Copyright Office have published the results of their joint study on non-fungible tokens (NFTs) and intellectual property (IP). The Report was created in response to a June 2022 request from Senators Patrick Leahy (D-VT) and Thom Tillis (R-N.C.) to undertake a study.

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JD Supra Law

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”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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JD Supra Law

SEPTEMBER 21, 2023

The Trademark Office of the China National Intellectual Property Administration (“Chinese Trademark Office” or “the Office”) has recently approved a slew of marks filed for non-fungible tokens (“NFTs”) and other goods and services for use in the metaverse.

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IP Law 360

MARCH 14, 2024

The Los Angeles-based designer behind the "MetaBirkins" non-fungible token is barred from displaying his artwork at a Swedish museum after a federal judge ruled there is a high probability he will use the platform to promote products that a jury previously said infringed trademarks held by luxury French fashion house Hermès International.

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JD Supra Law

FEBRUARY 20, 2024

Enter the metaverse: an online virtual world where users can interact with each other and digital objects including Non-Fungible Tokens (NFTs). Advances in technology have taken the world by storm in recent years and brand owners must adapt to new forms of expression and brand awareness.

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CoCal IP Law Institute

MAY 9, 2022

Non-fungible tokens ("NFTs") - what are they, anyhow? Technically, they are a digital asset. Again, what does that mean? On Monday, May 16, 2022, SoCal IP Law Group LLP partner Marina L.

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JD Supra Law

MARCH 15, 2024

Copyright Office recently published the results of their co-study (on the interplay between non-fungible tokens (NFTs) and intellectual property. Patent and Trademark Office and the U.S. By: Womble Bond Dickinson

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JD Supra Law

NOVEMBER 14, 2023

million in damages for copying Bored Ape’s Non-Fungible Token (NFT) art. A federal district court judge has ordered a conceptual artist and his partner to pay more than $1.5 Plaintiff Yuga Labs, Inc. is the creator of one of the world’s most well-known and successful NFT collections, known as the Bored Ape Yacht Club (BAYC).

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IP Watchdog

NOVEMBER 28, 2022

Copyright Office published a joint notice of inquiry in the Federal Register announcing that the two agencies would be collaborating on a study regarding intellectual property legal issues related to digital assets known as non-fungible tokens (NFTs).

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JD Supra Law

JANUARY 16, 2023

NON-FUNGIBLE TOKENS AND TRADEMARK INFRINGEMENT: WHERE DOES THE LAW STAND? This case is an important one to follow because it will likely shape the course of how intellectual property law will apply to non-fungible tokens (NFTs). District Court for the Southern District of New York.

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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).

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IP Watchdog

MAY 28, 2023

On April 3, 2023, the UK Intellectual Property Office (UKIPO) issued much needed guidance on how digital goods and services – namely non-fungible tokens (NFTs), virtual goods, and services provided in the metaverse – should be classified for trademark purposes.

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IP Law 360

FEBRUARY 5, 2024

Hermès urged the Second Circuit on Friday to ignore arguments on appeal by the non-fungible token creator found liable for ripping off the luxury goods company's Birkin bag that the jury's ruling on intent improperly ignored free-speech art rights.

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IP Law 360

JANUARY 25, 2024

The artists accused of ripping off the Bored Ape Yacht Club non-fungible token collection have been ordered to pay creator Yuga Labs more than $7 million in attorney fees and costs, despite their concerns that Yuga's counsel at Fenwick & West LLP overbilled in the case.

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IP Whiteboard

JUNE 7, 2021

NFT stands for non-fungible token. Non-fungible basically means unique. By way of comparison, a $10 note is an example of a fungible asset, because it can be replaced with another $10 note, or two $5 notes. And what role does intellectual property ( IP ) play in their creation and sale? What are NFTs?

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IP Watchdog

FEBRUARY 9, 2023

Luxury fashion brand Hermès won their trademark lawsuit against Mason Rothschild, the creator of the non-fungible tokens (NFT) MetaBirkins, on Wednesday. The trial was the first legal case that tested the bounds of artistic expression in NFTs against the country’s intellectual property laws.

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IP Watchdog

MARCH 15, 2024

Copyright Office (USCO) release a joint study on the IP implications of non-fungible tokens (NFTs); The New York Times Company denies “hacking” ChatGPT; and Caltech and Microsoft settle a wi-fi patent infringement case. This week in Other Barks & Bites: the U.S. Patent and Trademark Office (USPTO) and U.S.

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JD Supra Law

APRIL 27, 2023

On January 26, 2023, the US Patent and Trademark Office (USPTO) conducted a public roundtable, during which various attorneys and industry experts discussed their thoughts on the intersection of patent law with non-fungible tokens (NFTs). By: ArentFox Schiff

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IP Law 360

OCTOBER 26, 2023

A California federal judge has awarded non-fungible token studio Yuga Labs nearly $1.6 million from a pair of alleged copycats who sold competing tokens that were found to infringe the studio's Bored Ape Yacht Club collection.

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IP Law 360

NOVEMBER 14, 2023

A French national who developed worthless "Mutant Ape Planet" non-fungible tokens admitted to scheming to defraud customers with the NFTs in Brooklyn federal court Tuesday, prosecutors announced.

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JD Supra Law

DECEMBER 10, 2021

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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JD Supra Law

FEBRUARY 14, 2023

In a closely watched trademark infringement case involving non-fungible tokens ("NFTs"), a jury found that the sale of digital images of Hermès's Birkin bags as NFTs infringed and diluted Hermès's trademarks. By: Jones Day

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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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Copyright Alliance

MARCH 2, 2023

Copyright Office was busy during the month of February with a range of activities, including hosting a roundtable on non-fungible tokens (NFTs) and publishing its much-awaited response to […] The post February 2023 Roundup of Copyright News appeared first on Copyright Alliance.

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IP Law 360

FEBRUARY 8, 2023

Luxury brand Hermes' win Wednesday against an artist's "MetaBirkins" non-fungible tokens won't end the debate over intellectual property rights and NFTs, but it may serve as a cautionary tale for how artists name and promote their NFT projects, attorneys told Law360.

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IP Law 360

NOVEMBER 7, 2023

The non-fungible token creator found liable for ripping off Hermes' Birkin bag told the Second Circuit that U.S. District Court Judge Jed Rakoff "wrongly focused on questions of intent" throughout his trial rather than whether the NFTs at the center of the case were protected free speech.

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