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Non-Fungible Tokens in India- Implications Buyers Must Consider

IP and Legal Filings

NFTs are an attempt to enforce decentralization, ownership tracking, and value storage, while also making the lawful owner’s claim to the original work visible in the event of duplication. It aims to act as valid proof of ownership and grants the creator “digital bragging rights” through traceable proof of ownership.

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Tarantino Pulp Fiction Dispute Spotlights the Contentious Relationship between NFTS and IP Rights

IP Watchdog

Director Quentin Tarantino’s 1994 Pulp Fiction, considered among the most influential films in modern history, has emerged as a test case of sorts for issuing non-fungible tokens (NFTs) that relate to a copyright-protected work. The lawsuit, filed in the U.S.

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Fatal Mistakes Made By The ‘Bored Ape Yacht Club’ & ‘Crypto Punks’ NFT Projects

Traverse Legal Blog

Today, we’re going to talk about non-fungible tokens (NFTs). Your trademark identifies your company as the source of goods and services related to your NFTs and digital assets (the pictures linked to your NFT smart contracts). My name is NFT lawyer Enrico Schaefer. NFTs are no different.

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Rise Of IP Issues Due To The Increasing Popularity Of NFTs

IIPRD

But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high as $2.47bn only 6 months into 2021. IP Implications under NFTs.

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Outcome of Hermes Claim Against MetaBirkin NFT May Provide Glimpse of Future for Fashion, Art in Metaverse

LexBlog IP

Hermes recently sued a digital artist for knocking off its Birkin handbag through the issuance of MetaBirkin non-fungible tokens (“NFT”). Finally, properly protecting your NFTs requires contracts with specific terms as to minting, royalty rights, and intellectual property ownership.

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Can an NFT Be a Security? The Dapper Labs Decision Provides a Cautionary Tale

LexBlog IP

We have previously discussed the thorny intellectual property implications of non-fungible tokens (“NFTs”), units of data stored on a blockchain that signify ownership of a unique digital media item. This issue recently came to a head in a 64-page federal court decision in Friel v.

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Trademarks And the Metaverse

IP and Legal Filings

Non-fungible tokens (NFTs) have also been investigated by other Indian companies for application in the metaverse. In contrast, NFTs and brands in the metaverse bring unique ownership considerations. It ought to function similarly to how online contracts are upheld.