Remove Artwork Remove Copying Remove Non-Fungible Tokens Remove Reporting
article thumbnail

Blurred Lines: How the Lack of Regulation of NFT Platforms Has Fueled Rampant Art Theft

IPilogue

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. Second, marketplaces need to overhaul their process for verifying listings.

article thumbnail

Tarantino Asks Court to Dismiss Miramax’s ‘Pulp Fiction’ NFT Lawsuit

TorrentFreak

The popularity of non-fungible tokens, NFTs for short, has reached new highs over the past year. For example, the early artwork featured iconic depictions of Samuel L. The original artwork was labeled as copyright-infringing by Miramax so this change appears to be a direct response to this claim.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

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

The IPKat

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). On 23 August 2021, Sotheby’s sold the “re-minted” on Ethereum Quantum NFT to a buyer, Alex Amsel, for a reported sum of $1,472,000 US.

article thumbnail

‘Tarantino Doesn’t Own the Copyright to Pulp Fiction Screenplay NFTs’

TorrentFreak

Eager to cash in on the non-fungible token (‘NFT’) boom, as widely reported in the media, Quentin Tarantino recently announced plans to auction off seven ‘exclusive scenes’ from the 1994 motion picture Pulp Fiction in the form of NFTs,” the complaint read.

article thumbnail

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.

article thumbnail

Ten things to know about NFTs

The IPKat

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. Recently, I spoke in the PRS London Members' Day panel about NFTs, alongside Cliff Fluet (Lewis Silkin) and Mike Walsh (Serenade).

article thumbnail

Fair Use Clauses & Non Fungible Tokens

Traverse Legal Blog

Non fungible tokens (NFTs) , the latest vehicle for capturing, linking to and licensing intellectual property. The tokenization of digital files so that a single owner of that file can be recorded on the blockchain and identified is an important breakthrough in IP protection. . Does “Fair Use” Apply to NFTs?