Kluwer Copyright Blog

JUNE 19, 2023

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm.

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The IPKat

SEPTEMBER 5, 2022

The NFT art market, that is NFTs which specifically link an artwork or a digital file (a song, for example), have already gone mainstream and, of course, artists and projects owners have asked lawyers to prepare IP licenses to protect their IP. The 'Can’t Be Evil' licenses can be also found in the A16Z repository on Github.

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IP and Legal Filings

JANUARY 23, 2023

Such works of art benefit the creator, and they are protected by the law of intellectual property. Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market. NFTs are governed by smart contracts, which divide ownership and limit transferability.

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Traverse Legal Blog

APRIL 1, 2021

‘NFT’ stands for non-fungible token. NFT lawyer Enrico Schaefer covers the following topics in this informative article about non-fungible tokens. What is a Non-Fungible Token (NFT)? NFTs are tokens. Every bitcoin is the same and fungible and interchangeable.

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The IPKat

JUNE 27, 2022

NFTs – still subject to “old” IP law An NFT is a non-fungible (i.e. unique) and not divisible “token” (unlike cryptocurrencies like Bitcoin or Ether, which are instead fungible and divisible tokens) “minted” (i.e. A digital file (an artwork, a song, etc.), Yuga Labs, therefore, still owns the copyright in each NFT.

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Traverse Legal Blog

MARCH 8, 2022

Today, we’re going to talk about non-fungible tokens (NFTs). Your trademark identifies your company as the source of goods and services related to your NFTs and digital assets (the pictures linked to your NFT smart contracts). art, photograph, video, NFT asset). My name is NFT lawyer Enrico Schaefer.

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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. Digital assets can be protected by IP and have always been capable of being licensed or assigned via a contract, or protected as a trade mark.

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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”). The underlying work itself is largely protected under the First Amendment as expressive art. The NFTs being sold are decidedly not leather goods.

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Traverse Legal Blog

JANUARY 26, 2022

Today, we will be talking about NFT non-fungible token licensing. The token goes onto the blockchain, indicating ownership rights and potentially royalty rights for future transfers of the NFT, but not the underlying digital asset. The NFT is a smart contract coded with the NFT. the Bored Ape or CryptoPunk).

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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. NFTs are data units stored on a blockchain used to transfer ownership of physical items or digital media with smart contracts.

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Plagiarism Today

AUGUST 2, 2022

NFTs (Non-Fungible Tokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works. Back in November 2021, copyright non-repudiation service Safe Creative announced a new system that would affix copyright information 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. they’reThey’re issued on these assets using blockchain technology and smart contracts, which generate unique digital signatures and establish their security. Image source:Gettyimage]. Security Law.

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LexBlog IP

NOVEMBER 23, 2022

Due to their high fungibility, these tokens can have a financial use and activities surrounding them may be regulated. Other tokens are unique and not fungible with other tokens, e.g. because they represent digital pieces of art or physical assets. When a token represents a physical asset (e.g.,

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LexBlog IP

FEBRUARY 21, 2022

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. million) knew that the NFT may or may not reference any art at all.

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SpicyIP

JULY 13, 2021

As a practice, artists enter into contracts with publishers which grant them ownership of the work to commercially exploit it and collect the royalties it earns. Then these earnings are split between the publishers and artists based on the terms of the contract between them.

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IP Tech Blog

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. The brief further argued that the term METABIRKINS refers both “to the context in which he makes the art available (i.e.,

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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. Non-Fungible Tokens mainly refer to digital files of various digital as well as physical goods and creations that are stored as tokens and can be traded easily.

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LexBlog IP

MARCH 16, 2023

We have previously discussed the thorny intellectual property implications of non-fungible tokens (“NFTs”), units of data stored on a blockchain that signify ownership of a unique digital media item. This issue recently came to a head in a 64-page federal court decision in Friel v.

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Plagiarism Today

SEPTEMBER 28, 2021

On September 23, the art site PokerPaint announced on their Twitter (Tweet now deleted) that they were releasing a series of Non-Fungible Tokens (NFTs) on OpenSea. From PokerPaint Websote. The site, at that time, was fairly well known in the poker community.

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LexBlog IP

MARCH 18, 2022

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. ” The brief further argued that the term METABIRKINS refers both “to the context in which he makes the art available (i.e.,

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Traverse Legal Blog

JANUARY 29, 2022

Today we are going to talk about NFTs or non-fungible tokens. If you’re selling a digital rendition of a piece of artwork, you will mint an NFT, which will then attach to that particular piece of digital art. My name is Enrico Schaefer , and I am a Tech Law and BlockChain Attorney. BlockChains and Digital Assets.

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Garrigues Blog

OCTOBER 25, 2021

The auction of NFT ( non-fungible tokens ), which we addressed in this post , comprising wearable works of digital art, has revolutionized the trademark industry. Also, think about those items that luxury brands bring out jointly with other firms that are practically works of art. How to protect virtual creations.

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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. defendant), who controls the marketplace of NFT Bigverse, a digital art trading platform.

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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. defendant), who controls the marketplace of NFT Bigverse, a digital art trading platform.

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JIPEL Copyright Blog

MARCH 29, 2022

NFT stands for Non-Fungible Token and an NFT is a unique digital asset. The non-fungible nature of the asset means that it is non-interchangeable and the metadata attributed to each NFT is distinctive such that it may be used to verify the inimitability of a given asset. What are NFTs?

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LexBlog IP

SEPTEMBER 15, 2022

They are sold and/or traded in connection with “smart contracts” that govern the terms of transfer. In this case, beyond pure IP issues, the parties disagree over interpretation of Tarantino’s original contract with Miramax, in which he reserved all rights for print publication of the screenplay (including in digital form).

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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) ). 100 winners of one NFT auction . His US$650,000 bid was the third highest.

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LexBlog IP

APRIL 25, 2022

On February 4, 2022, the Treasury Department published its Study on the Facilitation of Money Laundering and Terror Finance Through the Trade in Works of Art (the “Report”). [1] Yet the Report also discussed how the art market remains susceptible to money laundering and describes how market participants can minimize this risk.

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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. Non-Fungible Tokens (NFTs) have garnered attention and popularity in 2021.

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IP and Legal Filings

AUGUST 13, 2022

The whole Art industry functions on this phenomenon. NFT stands for Non-Fungible Tokens. Crypto is fungible i.e., they can be traded; one for another however, NFTs are unique, and one can’t be equal to another. as non-fungible tokens and fans have bought the same for millions of dollars.

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LexBlog IP

APRIL 13, 2022

As previously reported on this blog , non-fungible tokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens. Damon Dash.

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IIPRD

JANUARY 18, 2022

Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. Introduction. What are NFTs?

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Copyright Lately

NOVEMBER 21, 2021

Depending upon which side of the fence you’re sitting on, non-fungible tokens (NFTs) are either the greatest economic innovation of the twenty-first century or the biggest grift since Lyle Lanley sold Springfield a monorail. Is the sale of a single work of original art considered to be a publication?

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IP and Legal Filings

NOVEMBER 18, 2021

Non-Fungible Tokens or NFTs is the latest trend that has taken the world of art and technology by storm. NFTs revolutionised the concept of ownership and digital art. An NFT is a digital collectable or asset in the form of a token. Introduction.

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