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Trademarks and the Metaverse: Imaginary Rights or Real Wrongs?

SpicyIP

In the US too, several companies are protecting their trademarks for similar goods and services. Hermes has sued a Californian artist, Mason Rothschild, for his “MetaBirkins” digital artworks alleging trademark infringement. Application date. Description (shortened). Feb 25, 2022. Feb 22, 2022. Dec 21, 2021.

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Copyright Laws & Trademark Infringement for NFTs

Traverse Legal Blog

Whether you are looking to make your own non fungible token to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Trademark rights can be even more confusing to navigate in the world of NFTs.

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Top Trademark Trends of 2022

Erik K Pelton

Besides Mariah, there were many other celebrity trademark stories this year, as more an more celebrities launch more and more brands. One example was the November release of the Her Loss album by artists Drake and 21 Savage which included a fake Vogue magazine cover as part of the album artwork, as well as a fake version of Vogue magazine.

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Protection of Nonfungible Tokens in Indonesia

IP and Legal Filings

Non-fungible tokens (“NFTs”) continue to be popular. Article 143 of the Patent Law provides patent holders recourse to file claims in the Commercial Court if the rights under their patent are infringed by another party. Trademark: NFTs may also be protected as a trademark. Introduction.

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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. . You bought a Bored Ape NFT.

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Intellectual Property Rights in the Metaverse: Navigating the Virtual Frontier

IIPRD

For example, Mason Rothschild’s creation and selling of MetaBirkin NFTs, which Hermès alleged violated its trademark rights, was at issue in the case Hermès v. The primary legal concerns included cybersquatting, dilution, and trademark infringement. Mason Rothschild. The jury gave Hermès a damages award of almost $133,000.

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Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. NFTs may be represented in the form of memes, artworks, or videos.