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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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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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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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IP Agencies Asked To Do More To Educate Public On NFTs

IP Law 360

Non-fungible tokens have the potential to be valuable in a wide range of industries, but groups like the International Trademark Association and Creative Commons have told the U.S. government that the public's lack of understanding about what NFTs are and what rights they confer remain one of the key challenges in the space.

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3 Count: Pulp Friction

Plagiarism Today

The dispute began last year when Tarantino announced that he would sell several non-fungible tokens (NFTs) based on the film Pulp Fiction. Next up today, CBC News reports that, In Canada, the government is taking steps to introduce resale rights for artists in the country’s copyright law.

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Roots of Confusion Over “v1” CryptoPunks NFTs Raise Key Copyright and Practical Considerations for NFT Minters, Acquirers and Platform Operators

JD Supra Law

Minters of collectible non-fungible tokens (NFTs) have taken a wide range of approaches.

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Brands to the Metaverse and Beyond! Part 1…

The IPKat

We’ve had Decentraland’s ‘ Metaverse Fashion Week ’, where attendees could buy wearable NFTs (Non Fungible Tokens, non-interchangeable digital assets stored on a blockchain), PrettyLittleThing’s first virtual model (launched to a mixed reaction), and the entry of Shiba Inu coin ('SHIB' – an alternative to Dogecoin) into the Metaverse.