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The USPTO and USCO Delivered a Report to Congress on IP Issues with NFTs – Maintains Existing IP Regime

Intellectual Property Law Blog

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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[Guest post] What is an NFT? A comment to the EUIPO Guidance on NFTs

The IPKat

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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Trademarks and the Metaverse: Imaginary Rights or Real Wrongs?

SpicyIP

She works in a law firm that advises technology companies. Class 9: Virtual two wheelers; virtual motorcycles; virtual scooters; virtual three wheelers; virtual electric vehicles; virtual gaming studio, virtual gaming parlour, downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens.

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Steps forward: Singapore Deems NFTs as Property

IPilogue

The Singapore High Court ruled on 21 October 2022 that non-fungible tokens (NFTs) can now be considered property, Coindesk reports. They are minted using smart contracts. The claimant then sued the defendant for an “equitable proprietary claim” over the Bored Ape NFT, conversion, breach of contract, and unjust enrichment.

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Tokenization of intellectual property for IP rights management

The IPKat

Julia Hugendubel, describes recent developments concerning tokenization of IP rights to manage IP. Interest in blockchain technology, tokens, and IP, continues apace. Tokenization of IP In a nutshell, "tokenization" means using a smart contract (i.e., a MIT license ).

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Miramax Files Lawsuit Against Quentin Tarantino For Sale Of Pulp Fiction NFTs

IPilogue

On November 16, 2021, Miramax filed a lawsuit against Quentin Tarantino for his planned auction of non-fungible tokens (NFTs) based on his original hand-written script of the film Pulp Fiction. Miramax argues that these reserved rights are far too narrow to allow Tarantino to unilaterally produce, market, and sell the NFTs.

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Can We Reexamine the Role of Blockchain in Copyright Now?

Plagiarism Today

NFTs (Non-Fungible Tokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works. The mainstream reputation of NFTs was hopelessly trashed and, as the regular crypto market began to falter, the NFT market was especially hard hit.

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