IP and Legal Filings

JANUARY 23, 2023

Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyright law. Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market.

Non-Fungible Tokens 74

Non-Fungible Tokens Copyright Intellectual Property Ownership 74

Herbert Smith Freehills

JULY 6, 2022

One recent case gives some indication on how the English courts are responding in a dispute about trading blockchain-based non-fungible tokens (NFTs) between a trading platform and its user ( Soleymani v Nifty Gateway LLC [2022] EWHC 773 (Comm) ). In Nifty's auction, one piece of artwork was linked to 100 NFTs.

Artwork 52

Artwork Non-Fungible Tokens Business Contracts 52

IP and Legal Filings

SEPTEMBER 8, 2021

Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. NFTs may be represented in the form of memes, artworks, or videos.

Intellectual Property 63

Intellectual Property Non-Fungible Tokens Copyfraud Contracts 63