Remove 2017 Remove Artwork Remove Marketing Remove Ownership
article thumbnail

The Growing Popularity of NFTs: How to Protect Your NFT Personal Property Rights

LexBlog IP

billion in sales in 2021 alone, the non-fungible token (“NFT”) has recently undergone a dramatic rise in prominence in the cryptoverse, similar to the “crypto summer” of 2017-18 or the “DeFi summer” of 2020. With an astounding $17.7 million) knew that the NFT may or may not reference any art at all.

article thumbnail

Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

According to a report by Markets and Markets, the cryptocurrency market is expected to grow from USD 1.6 NFTs may be represented in the form of memes, artworks, or videos. Most prominently, through its 2020 report, IBM stated that several patents granted to them in 2017 also comprised of blockchain patents.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

UPDATE—New York Court Awards Statutory Prejudgment Interest to Grünbaum Estate’s Heirs

LexBlog IP

On July 12, 2021, Justice Andrew Borrok ruled that the rightful owners of two artworks by the Viennese Expressionist Egon Schiele (the “Artworks”) are entitled to prejudgment interest following an art dealer’s refusal to turn over the Artworks in 2015. [3] .” [2]. ” [10]. ” [10]. ” [10].

Artwork 52
article thumbnail

Protection of Nonfungible Tokens in Thailand

IP and Legal Filings

Forms of digital media or virtual artworks are traded among NFT traders in the current NFT market practice, frequently for astronomically high prices. 2560 (2017) and Section 140 of the Civil and Commercial Code of Thailand, which are further expanded upon in other provisions.

Artwork 61
article thumbnail

The puzzled tie of copyright, cultural heritage and public domain in Italian law: is the Vitruvian Man taking on unbalanced proportions?

Kluwer Copyright Blog

1] The artwork is held by the Italian state museum Gallerie dell’Accademia of Venice, which, along with the Italian Ministry of Culture, initiated the precautionary proceeding against the German company Ravensburger and its Italian subsidiary for producing and selling the puzzle and reproducing the work’s image.

article thumbnail

Italian Supreme Court says that the quotation exception in copyright law only applies to partial reproductions of works, never to works in their entirety

The IPKat

Further to an appeal, in 2017 the Court of Appeal of Milan partly sided with the artist’s estate, but found that the unauthorized reproduction of the artist’s works in the context of the project and the book would not be unlawful. In 2014, the Milan Court of First Instance dismissed the action in its entirety.

article thumbnail

Intellectual Property Tools for Protecting Fashion Goods

LexBlog IP

Just as every piece of artwork is unique, there is no “one size fits all” when it comes to protecting your fashion goods with intellectual property tools. Fashion companies should be aware that they may need to obtain a license to, or ownership of, the copyright from the photographer. ” [8]. 3d 114, 118 (2d Cir.