Remove Artwork Remove Copyright Infringement Remove Due Diligence Remove Marketing
article thumbnail

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

Kluwer Copyright Blog

Under traditional copyright law, the purchase of an NFT representing a work in which copyright subsists does not automatically confer copyright ownership in the underlying work ( the traditional approach ). For instance, CrypToadz is a prominent CC0 NFT project wherein the artwork related to the NFT is in the public domain.

article thumbnail

NFTs: New Frontiers for Trademarks

LexBlog IP

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. Also consider international markets. This is highlighted in the case of Hermès International v.

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

NFTs: New Frontiers for Trademarks

IP Tech Blog

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. Also consider international markets. Market leaders cannot protect themselves from all knock-offs or commentary.

article thumbnail

NFT Lawyer: Legal Risks with ‘Non-Fungible Tokens’

Traverse Legal Blog

NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets. The scarcity that’s driving market prices into the thousands, tens of thousands, hundreds of thousands, and millions of dollars for a single NFT auction. Your only protection on the front end is due diligence.

article thumbnail

“For Sale: This Article”: an overview of non-fungible tokens (NFTs) and IP

IP Whiteboard

NFTs have a variety of uses which extend far beyond digital artwork. million USD sale of his “Warrior” painting, which became the most expensive Western artwork sold in Asia. By contrast, in the United States, registration of copyright is a prerequisite to filing a lawsuit for copyright infringement. Cybersecurity.