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. By: AEON Law
IPilogue
JUNE 13, 2022
Artists in the digital space have always been vulnerable to the unauthorized distribution, copying, and sale of their work. Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art.
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JD Supra Law
APRIL 12, 2022
Last month, our post about art NFTs and the DMCA highlighted the distinction between non-fungible tokens and the copyrighted works they represent.
IP Law 360
JUNE 27, 2022
A self-styled conceptual artist is copying and reselling images that are part of the Bored Ape Yacht Club non-fungible token collection, the company behind the trendy digital art series told a California federal court.
Dear Rich IP Blog
MAY 12, 2022
Dear Rich: As the representative of a particular (living) artist, I was recently contacted by the organizer of an exhibition in which original art pieces owned by various collectors will be on display -- including my client's art. The copyright (the right to display and make copies) is typically retained by the artist.
IPilogue
DECEMBER 8, 2022
The Singapore High Court ruled on 21 October 2022 that non-fungible tokens (NFTs) can now be considered property, Coindesk reports. NFTs are blockchain-based assets with a distinct identification number and metadata which can represent real-world objects and cannot be copied or replaced.
IPilogue
JULY 8, 2022
Imagine you are a new artist, who sells your art for $500 dollars, which is enough to cover the cost of supplies and your time spent on the piece. This is because NFTs are a “one-time copy” of original art, and thus resale of the NFT does not activate ARR entitlements, which only apply to the original work.
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