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NFTs: New Frontiers for Trademarks

IP Tech Blog

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. So from our perspective, NFTs stands not only for “non-fungible tokens” but also “New Frontiers for Trademarks.”.

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The Rise of NFTs and Its Legal Complications

IP and Legal Filings

One of the websites tracking NFT sales reported that the total number of sales made within a week varies from 15,000 to 50,000. NFT stands for Non-Fungible Tokens. Crypto is fungible i.e., they can be traded; one for another however, NFTs are unique, and one can’t be equal to another. Picture Credit: gettyimage].

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NFTs: New Frontiers for Trademarks

LexBlog IP

Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungible tokens. This is highlighted in the case of Hermès International v. NFTs also may embody or use trademarks.

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SpicyIP Weekly Review (July 12 – 18)

SpicyIP

NFTs (Non-fungible tokens), which act as a certificate of ownership for whatever the creator puts up for sale, allow artists to set their preferred terms of contract while making sales.