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

IPilogue

Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art. Third, consumers should do their due diligence by reaching out to artists to verify the authenticity of the NFT before purchasing.

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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. So from our perspective, NFTs stands not only for β€œnon-fungible tokens” but also β€œNew Frontiers for Trademarks.”.

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U.S. Treasury Study Rejects Immediate Need for New Regulation of Art Market

LexBlog IP

15] We discuss below three areas that may be of particular interest to this blog’s readership: auction houses and galleries, online marketplaces, and non-fungible tokens (“NFTs”). 13] The subjective and evolving nature of art valuation also can provide opportunities for tax manipulation. [14]

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