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NFTs: promisingly transformational, yet fraught with IP pitfalls – Part II

Kluwer Copyright Blog

The first sale doctrine restricts the rights holder’s exclusive right to distribute a copyrighted work to the public, where the distribution right to control secondary sales is ‘exhausted’ upon completion of the first lawful sale of a copy of the work by the rights holder or with their consent.

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[Guest post] Free Holdings case raises important issues regarding the legal nature of NFTs

The IPKat

The entire history of the name can be seen here ) On May 28, 2021, McCoy minted another NFT to record the Quantum artwork, this time on the Ethereum blockchain. The legal nature of an NFT In each NFT there is a non-fungible token created by the smart contract and an image (e.g., a jpeg) stored on the cloud. are applicable to it.

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Growth of Virtual Youtubers and IP Complications

IIPRD

The issues pertaining to the rights of VTubers encompass rights to the design of the character, the privacy of the individual, licensing and taking inspiration from an existing character. A person who employed the artist will be considered the proprietor of the artwork and can register for exclusivity for the same character. [3]

IP 52
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Bombay High Court Rules that Copyright Registration of a Label is not Compulsory

Kashishipr

The label in question was designed by an employee of SK Oil Industries. NTC’s statement regarding the copyright assignment from SK Oil Industries to SSPL wasn’t appropriate as it wasn’t a party in the contract, and therefore, didn’t have the right to question it. It is also the successor of SK Oil Industries.

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Egyptian Case Kurasov v. Wali: Where inspiration meets imitation in the art world

Kluwer Copyright Blog

The former had contracted with Wali’s studio to redesign the station murals as part of an initiative to promote Egyptian civilization, heritage and culture. Moreover, she attributed any similarities in her designs to mere commonalities in artistic styles and affirmed that resemblances can inadvertently occur in creative works.

Art 56
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Egyptian Case Wali v. Kurasov: Where inspiration meets imitation in the art world

Kluwer Copyright Blog

The former had contracted with Wali’s studio to redesign the station murals as part of an initiative to promote Egyptian civilization, heritage and culture. Moreover, she attributed any similarities in her designs to mere commonalities in artistic styles and affirmed that resemblances can inadvertently occur in creative works.

Art 52
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The Growing Popularity of NFTs: How to Protect Your NFT Personal Property Rights

LexBlog IP

This is the unfortunate reality for most NFT projects: their artwork is entirely mutable which defeats the entire purpose of those NFTs. Nevertheless, there is a global expectation that an NFT is the artwork itself because it is common industry practice to equate the artwork with its token. What is the (Legal) Bottom Line?