The IPKat

APRIL 19, 2023

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). On 23 August 2021, Sotheby’s sold the “re-minted” on Ethereum Quantum NFT to a buyer, Alex Amsel, for a reported sum of $1,472,000 US.

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Non-Fungible Tokens Artwork Contracts Art 120

Kluwer Copyright Blog

JUNE 19, 2023

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. Valid Transfer of Rights?

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Non-Fungible Tokens IP Ownership Contracts 98

The IPKat

JUNE 13, 2022

There has obviously been a considerable amount of excitement around non-fungible tokens (NFTs) over the last few years and some interesting developments in the last few months. Digital assets can be protected by IP and have always been capable of being licensed or assigned via a contract, or protected as a trade mark.

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Non-Fungible Tokens Advertising Advertising Ownership 140

TorrentFreak

NOVEMBER 17, 2021

Movie studio Miramax, which owns most of the rights to the film, sees it as a contract breach and copyright infringement. ‘Copyright Infringing Marketing’ In addition to a contract breach, Tarantino is also accused of copyright and trademark infringement.

Copyright Infringement 137

Copyright Infringement Non-Fungible Tokens Copyright Cease and Desist 137

TorrentFreak

JULY 1, 2022

Movie studio Miramax, which owns most of the rights to the film, sees the plan as a contract breach and copyright infringement. NFT Copyright Battle. In a lawsuit filed at a California federal court last November, the movie company accused the director of attempting to cash in on something to which he doesn’t own the full rights.

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Non-Fungible Tokens Copyright Artwork Copyright Infringement 93

IP Tech Blog

MARCH 18, 2022

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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Trademark Non-Fungible Tokens Branding Brands 62

SpicyIP

JULY 13, 2021

A recent article by Paul Sullivan in the New York Times reported on an interesting change occurring in the music industry due to the pandemic. As a practice, artists enter into contracts with publishers which grant them ownership of the work to commercially exploit it and collect the royalties it earns. Image from here.

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Business Music Contracts Non-Fungible Tokens 122

LexBlog IP

MARCH 18, 2022

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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Trademark Non-Fungible Tokens Intellectual Property Branding 52

TorrentFreak

JUNE 18, 2022

. “Duties of this position include supporting antipiracy enforcement efforts, researching piracy technologies, websites, and apps, tracking piracy data, providing regular reports on piracy trends, evaluating prospective providers of antipiracy services and managing existing providers,” the listing reads. And on Sunday.

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Cinema Non-Fungible Tokens Music Advertising 125

Traverse Legal Blog

APRIL 19, 2022

Token contracts include self-executing software code which makes ownership immutable – unchanging over time and unable to be changed – unless the little guy agrees. Most power lies with the individuals who share whatever power they decide with corporations. Domain Name Infringement in Web 3 is a Huge Risk.

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Branding Brands Branding Trademark 140

IP and Legal Filings

SEPTEMBER 8, 2021

According to a report by Markets and Markets, the cryptocurrency market is expected to grow from USD 1.6 With uncertainty looming over several corporate and non-corporate entities, digital currencies have managed to garner attention. Several reports have suggested that there exist over 500 blockchain patents worldwide.

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Intellectual Property Non-Fungible Tokens Copyfraud Contracts 65

IP and Legal Filings

AUGUST 13, 2022

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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Non-Fungible Tokens Intellectual Property Government Art 52

LexBlog IP

APRIL 13, 2022

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.

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Non-Fungible Tokens Social Media Contracts Branding 52

IP and Legal Filings

FEBRUARY 7, 2023

According to a Bloomberg Intelligence report [2] , the worldwide revenue opportunity from the metaverse is predicted to hit $800 billion in 2024, up from the estimated $500 billion in revenue generated by the metaverse in 2020. It ought to function similarly to how online contracts are upheld.

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Trademark Non-Fungible Tokens Branding Brands 81

LexBlog IP

APRIL 25, 2022

On February 4, 2022, the Treasury Department published its Study on the Facilitation of Money Laundering and Terror Finance Through the Trade in Works of Art (the “Report”). [1] Yet the Report also discussed how the art market remains susceptible to money laundering and describes how market participants can minimize this risk.

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Art Marketing Marketing Due Diligence 52

SpicyIP

JULY 19, 2021

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.

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Advertising Advertising Non-Fungible Tokens Intellectual Property 105

Copyright Lately

NOVEMBER 21, 2021

Depending upon which side of the fence you’re sitting on, non-fungible tokens (NFTs) are either the greatest economic innovation of the twenty-first century or the biggest grift since Lyle Lanley sold Springfield a monorail. The breathless media reports soon followed. Tarantino : The Bottom Line. View Fullscreen.

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Copying Non-Fungible Tokens Contracts Copyright 124

SpicyIP

AUGUST 30, 2021

Parliamentary Standing Committee Report on IPR – a Regressive View. A non-fungible token (NFT) marketplace has been launched by Alibaba Group of China, which permits customers to buy and sell NFTs while also facilitating licensing and selling of IP. August 26, 2021]. The Karnataka High Court in Kirloskar Aaf Limited v.

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Non-Fungible Tokens Fair Use Advertising Advertising 105