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Non-fungible Tokens: Commercializing Exclusive Digital Art- A Companion Piece

IPilogue

In May 2021, a phenomenal IPilogue submission by Keir Strickland-Murphy (Osgoode Law ‘22) touched on the recent boom of Non- fungible Tokens. In this piece, I will recapitulate Strickland- Murphy’s exploration of IP ownership of Non-fungible Tokens and expand on recent developments since May.

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

IP and Legal Filings

In this paper, it is argued that Private-property law must be the field of law governing transactions involving Non-Fungible Tokens. The concepts of ownership and licensing are relevant in this context. The concepts of ownership and licensing are relevant in this context. Peak Computer, Inc., 2d 511 (9th Cir.

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Non-Fungible Tokens (NFT) and Copyright

Biswajit Sarkar Copyright Blog

One of the biggest stories of 2021 in the ever evolving world of distributed ledgers and crypto currencies has been the rise of Non-Fungible Tokens (NFTs). A Non-Fungible Token or NFT is a programmable digital unit of value which is recorded on a digital ledger. Introduction. What is NFT?

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Evolving Trends For IP Licenses in NFT Terms and Conditions

JD Supra Law

With the proliferation of non-fungible tokens (“NFTs”), particularly in the art space, an interesting and potentially groundbreaking practice has developed where certain intellectual property (“IP”) pertaining to the NFTs is licensed to the NFT buyers and their subsequent transferees. By: Polsinelli

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NFT Trademark Defense Comes Down To Licensing Terms

IP Law 360

Though a California federal court recently ruled that alleged copycats had infringed Yuga Lab’s trademark of its Bored Ape Yacht Club non-fungible token collection, the defendants' arguments illustrate why NFT creators must carefully consider their intellectual property licensing terms before selling virtual products on the blockchain, says Kevin Pasquinelli (..)

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NFT Licensing: Three Mistakes to Avoid

JD Supra Law

Introduction - The non-fungible token, known as the “NFT,” has risen to prominence in the digital assets market as a new asset class. NFTs saw US$17.7 billion in sales in 2021 alone. By: K&L Gates LLP

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Top 5 Trademark Licensing Considerations for NextGen Technology

JD Supra Law

While there is no one-size-fits-all answer for brand owners on the new web3 frontier, there are steps companies can take to minimize risk posed by such newly emerging technologies as non-fungible tokens, interactive "metaverses," and augmented reality. By: Venable LLP