Remove Contracts Remove Derivative Work Remove Licensing Remove Non-Fungible Tokens
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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.

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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?

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Buying an NFT? You are not buying what you think.

Traverse Legal Blog

Today, we will be talking about NFT non-fungible token licensing. The token goes onto the blockchain, indicating ownership rights and potentially royalty rights for future transfers of the NFT, but not the underlying digital asset. The NFT is a smart contract coded with the NFT. the Bored Ape or CryptoPunk).

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[Guest post] BAYC sues Ryder Ripps over unauthorized minting of NFTs

The IPKat

NFTs – still subject to “old” IP law An NFT is a non-fungible (i.e. unique) and not divisible “token” (unlike cryptocurrencies like Bitcoin or Ether, which are instead fungible and divisible tokens) “minted” (i.e. A digital file (an artwork, a song, etc.), Yuga Labs, therefore, still owns the copyright in each NFT.

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The Battle Over Poker NFTs

Plagiarism Today

On September 23, the art site PokerPaint announced on their Twitter (Tweet now deleted) that they were releasing a series of Non-Fungible Tokens (NFTs) on OpenSea. ” The case raises questions of fair use and whether the new paintings were transformative enough to be non-infringing or if they were simply derivative works.

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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. Damon Dash. Miramax LLC v.