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The Legal Governance Of Non-Fungible Tokens- Analysing Which Field Of Law Should Govern Nfts

IP and Legal Filings

The question that arises with the development of such technology is regarding the legal governance of the same. Which field of law will govern such digital assets and the NFT technology? In this paper, it is argued that Private-property law must be the field of law governing transactions involving Non-Fungible Tokens.

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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

Introduction Intellectual property entails the protection of legal rights for inventions and creations made by individuals or businesses using their minds. Such works of art benefit the creator, and they are protected by the law of intellectual property. These advantages can be made profitable for the owner.

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Non-Fungible Tokens in India- Implications Buyers Must Consider

IP and Legal Filings

Concerns have been expressed regarding the legal status and the authenticity of such tokens, especially in India. To stipulate, NFTs could also be categorized as “intangible assets” and governed under the software and property laws a part of the FEMA regulations. Image source:Gettyimage]. What’s Next?

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UKIPO Issues New Trademark Guidance on NFTs, the Metaverse and Virtual Goods

IP Watchdog

On April 3, 2023, the UK Intellectual Property Office (UKIPO) issued much needed guidance on how digital goods and services – namely non-fungible tokens (NFTs), virtual goods, and services provided in the metaverse – should be classified for trademark purposes.

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USPTO, Copyright Office Joint Study on NFTs Could Help Dispel Confusion About IP Ownership in Media Content Underlying Digital Assets

IP Watchdog

Copyright Office published a joint notice of inquiry in the Federal Register announcing that the two agencies would be collaborating on a study regarding intellectual property legal issues related to digital assets known as non-fungible tokens (NFTs).

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Analysing the Intersection of Blockchain, Cryptocurrencies and Intellectual Property Rights

IP and Legal Filings

Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. Non-Fungible Tokens (NFTs) have garnered attention and popularity in 2021.

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Tokenization, Ownership and Intellectual Property Rights

LexBlog IP

Tokenization can be a valuable tool for automating business processes and facilitating investment in fractional portions of an asset. However, the success of any tokenization project depends on the laws applicable to the asset being tokenized and the terms and conditions governing the project. Background. digital art).