Remove Contracts Remove Copying Remove Licensing Remove Non-Fungible Tokens
article thumbnail

The Legal Governance Of Non-Fungible Tokens- Analysing Which Field Of Law Should Govern Nfts

IP and Legal Filings

In this paper, it is argued that Private-property law must be the field of law governing transactions involving Non-Fungible Tokens. The current trend in internet law, has tended to elevate companies’ rights through contracts and licences while demoting owners to simple users. [1]

article thumbnail

NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

Copyright Licensing of Digital Assets Attached to NFT Sales. Bonus: Free Open Source Copyright License for NFT sales below]. 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. NFT Copyright Licensing. Let’s talk about it.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

3 Count: Pulp NFT

Plagiarism Today

First off today, Samantha Handler at Bloomberg Law reports that the film studio Mirimax has filed a copyright infringement lawsuit against director Quentin Tarantino over Tarantino’s plans to release of Non-Fungible Tokens (NFTs) related to the film Pulp Fiction. NFTs are unique digital tokens tracked by a blockchain.

article thumbnail

Licensing NFTs: You Need to Know Who Owns What You’re Selling

Traverse Legal Blog

Today we are going to talk about NFTs or non-fungible tokens. One of the big problems with the NFT marketplace, where NFTs are both sold and purchased, is that the platform doesn’t provide any licensing language for the digital asset that the owner attaches to the NFT. What are you licensing?

Licensing 102
article thumbnail

NFTs: promisingly transformational, yet fraught with IP pitfalls – Part I

Kluwer Copyright Blog

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm.

article thumbnail

Tokenization of intellectual property for IP rights management

The IPKat

Consider the recent WIPO webinar , "Blockchain Whitepaper for IP Ecosystems", at which the view was expressed that the future of IP management rights could include a solution that utilizes tokens, and, in particular, non-fungible tokens. Tokenization of IP In a nutshell, "tokenization" means using a smart contract (i.e.,

article thumbnail

Can We Reexamine the Role of Blockchain in Copyright Now?

Plagiarism Today

Back in January, the crypto group Spice DAO (decentralized autonomous organization) made headlines for spending approximately $3 million to acquire a physical copy of the book Jodorowsky’s Dune , a bible for a planned Dune move that would have been made in the 1970s. . The payment beyond excessive.

Copyright 241