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

IP Whiteboard

NFT stands for non-fungible token. Non-fungible basically means unique. By way of comparison, a $10 note is an example of a fungible asset, because it can be replaced with another $10 note, or two $5 notes. And what role does intellectual property ( IP ) play in their creation and sale? What are NFTs?

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NFTs Excite Hollywood But Not Because They Can Solve Piracy

TorrentFreak

The fleeting non-fungible token (NFT) craze showed that some people are willing to pay vast amounts of money for digital assets that are not guaranteed to retain their value. Pirates can still copy the content and share it elsewhere, NFTs can’t prevent that. Piracy remains a concern, however.

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Miramax Sues Tarantino for Copyright Infringement Over “Pulp Fiction” NFT Sale

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 reads.

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New Music Industry Takedown Service Targets NFT and ‘Metaverse’ Piracy

TorrentFreak

The non-fungible token (NFT) rage shows that people are willing to pay vast amounts of money for a digital gimmick, that may or may not retain its value. There are NFT projects ‘copying’ other NFTs, for example, and in some cases, people simply issue NFTs based on existing copyrighted works owned by others.

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