Traverse Legal Blog
APRIL 17, 2021
An NFT is a Smart Contract, meaning that it embeds specific basic contract terms in the NFT metadata that goes onto the blockchain. That Smart Contract, that token that can have unique data associated with it. You’ll also get digital collectible album artwork. “Who’s the owner? ” Enrico Schaefer.
Kluwer Copyright Blog
JUNE 19, 2023
The ‘ Dune’ scenario is a well-known ‘tale of crypto folly’ featuring NFT purchasers who failed to exercise appropriate due diligence in determining what rights are granted when procuring an NFT. Copyright that is transferred upon selling an NFT may explicitly be outlined in the self-executing smart contract governing the sale.
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Traverse Legal Blog
MARCH 8, 2022
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). Due diligence is critical. They require both chain of tile and a contract setting forth the seller and buyers’ essential contract terms.
LexBlog IP
MARCH 18, 2022
NFTs can be based on three-dimensional items or artwork, or can be purely digital creations—for example, a collectable digital sneaker or a token used in a videogame. NFTs are unique tokens based on blockchain technology and used as digital assets.
Kluwer Copyright Blog
JULY 14, 2023
use of indigenous content, model contracts and/or national laws on limitations and exceptions). archival fonds shall not be subject to the same remuneration as unique artworks, as advocated by scholars ). No liability of GLAM if they comply with certain due diligence steps (akin to “safe harbor right statement“).
IP Tech Blog
MARCH 18, 2022
NFTs can be based on three-dimensional items or artwork, or can be purely digital creations—for example, a collectable digital sneaker or a token used in a videogame. NFTs are unique tokens based on blockchain technology and used as digital assets.
Traverse Legal Blog
APRIL 1, 2021
A non-fungible token allows you to put a smart contract onto the blockchain that is unique unto itself. Different types of information can be stored on a blockchain including ledger information and smart contracts. NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets.
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