Traverse Legal Blog
APRIL 17, 2021
My name is Enrico Schaefer, I am a technology attorney with traverse legal PLC, and today I want to talk about nonfungible tokens or NFTs. Blockchain and blockchain technology is in the spotlight right now. You’ll also get digital collectible album artwork. Copyright Licensing of Digital Assets Attached to NFT Sales.
Plagiarism Today
FEBRUARY 8, 2022
Users on Twitter began to notice similarities between Pranjkovic’s artwork and a photograph taken by Scottish photographer Iain Leach. Even if you bring in all the experts possible and even with unparalleled transparency and even with the best technology, things can slip through. The Croatian central bank clearly failed there.
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IPilogue
JUNE 13, 2022
Listing someone else’s artwork on an NFT marketplace is as simple as saving a copy of the work from an artist’s website or social media platform and uploading it onto a marketplace where it is minted into an NFT. Third, consumers should do their due diligence by reaching out to artists to verify the authenticity of the NFT before purchasing.
Traverse Legal Blog
MARCH 8, 2022
I am an attorney specializing in blockchain technology. Due diligence is critical. Copyrights protection for the artwork itself is also critical. Any NFT project offering Apes are derivative of the artwork for the Bored Ape yacht CLub are potentially infringing the BAYC’s copyrights.
Traverse Legal Blog
APRIL 1, 2021
NFTs are being used to store smart contracts and authentication for digital artwork and other digital assets. People will bid on an NFT, a non-fungible token, associated with a piece of digital artwork. Sometimes they’re not going to get what they paid for, or the digital artwork will disappear. Bring in the Lawyers.
Kluwer Copyright Blog
JUNE 19, 2023
Although frequently misconstrued, this technology represents an exceptional advancement that can yield enormous revenue streams for both creators and consumers by altering the digital representation of real-world assets. For instance, CrypToadz is a prominent CC0 NFT project wherein the artwork related to the NFT is in the public domain.
LexBlog IP
MARCH 18, 2022
NFTs are unique tokens based on blockchain technology and used as digital assets. 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. .” Brand owners have already begun to catch up.
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