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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. In addition to the ‘collectible’ aspect, NFTs can also be used as proof of ownership or access. Piracy remains a concern, however.

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Around the IP Blogs

The IPKat

A recent example of how the metaverse will include digital fashion is the conflict between Hermès and MetaBirkins over allegedly trademark-infringing non-fungible tokens ("NFTs") that were marketed as MetaBirkins without Hermès' permission. disputes between domain names and trademarks).

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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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NFT Update:  5 Recent Lawsuits Show a Glimpse into Future Legal Battles Involving NFTs 

LexBlog IP

As previously reported on this blog , non-fungible tokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens. Miramax LLC v.

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Disaster as “NFT Music Stream” Enrages Artists By Pulling Music From YouTube

TorrentFreak

The non-fungible token (NFT) craze that’s been sweeping the internet for months now is a truly sight to behold. Muzzey responded with a strongly-worded cease-and-desist notice and he wasn’t the only one. Thus far, it hasn’t gone well. According to their RIAA, that certainly wasn’t the case.

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