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

Traverse Legal Blog

Today, we will be talking about NFT non-fungible token licensing. NFT are ERC-721 tokens. 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. See article below). What Are NFTs?

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NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

With that in mind, we now have something called non-fungible tokens or NFTs. Top marketing places include: OpenSea – Built on ERC-721 and ERC-1551 non-fungible token standards – the largest marketplace for creator-owned digital goods – easy onboarding experience for new users – create your own storefront.

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IP Protection of NFTs: A Comparative Look at the US and China

IP Tech Blog

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. The exclusivity of exploitation is key to the success of a limited-edition collectible. It starts with the Chinese translation of Non-Fungible Tokens.

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How NFTs Could Change the Music Industry – For Better or Worse

JIPEL Copyright Blog

Non-fungible tokens, known colloquially as NFTs, have gained popularity due to both their scarcity and variety. NFTs provide a built-in record of ownership that travels beyond the first sale, facilitating resale royalties that can provide some percentage of revenue to the original artist on subsequent sales of music.

Music 40
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IP Protection of NFTs: A Comparative Look at the US and China

LexBlog IP

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. The exclusivity of exploitation is key to the success of a limited-edition collectible. It starts with the Chinese translation of Non-Fungible Tokens.

IP 52
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IP and NFTs: Where are We?

LexBlog IP

NFTs are units of data stored on a blockchain that signify ownership of (supposedly) unique digital media items. February 2022: Nike sues online retailer StockX for trademark infringement based on StockX’s sale of NFTs for limited edition Nike sneakers that include images of the sneaker. The case is in the discovery phase.

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