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Generative AI and Copyright

IP and Legal Filings

The introduction and advancement of generative AI technology, which is capable of producing everything from research articles to realistic artworks, has brought a revolution in the field of creativity. AI will play a rapidly expanding role in all aspects of our daily life and therefore the law must govern its applications.

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

Kluwer Copyright Blog

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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NFTs and its Relationship with IP Rights

IP and Legal Filings

NFTs revolutionised the concept of ownership and digital art. Many aspiring artists have now started converting their physical and digital artworks into NFTs and putting it up for sale, with many making considerable profits. This was done despite the artwork being minted on the Ethereum Blockchain.

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Protection of Nonfungible Tokens in Nepal

IP and Legal Filings

Early in 2019, the Nepali government proposed a comprehensive IT Bill to replace the current Electronic Transaction Act. However, as artwork typically cannot be duplicated exactly and cannot be swapped with another without losing or gaining value, it is non-fungible. NFTs are viewed as the future of ownership by enthusiasts.

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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

In today’s digital world, a lot of data and information have been shared online and are susceptible to corruption and copying. Due to the recurrent copyright difficulties, which have a significant impact on an individual’s business interest, it is imperative to preserve the ownership rights of digital works.

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NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

Rarible – focus on art-based digital assets – full decentralization goal -a community-governed marketplace – experienced users – higher fees for sellers. There are open auctions, limited auctions, various flavors of ownership for the NFT, and sales of both digital and non-digital assets. Do they own the NFT?

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Protection of Nonfungible Tokens in Thailand

IP and Legal Filings

Any issue of the NFT will be governed by this law, unless such Digital Assets fall under an exemption. Forms of digital media or virtual artworks are traded among NFT traders in the current NFT market practice, frequently for astronomically high prices.

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