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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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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). Other digital works like memes, music albums and NBA clips are being sold on NFTs marketplaces where NFTs can be bought and sold. Introduction. What is NFT?

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Lil Yachty, UK Music Co. Reach Port With NFT TM Settlement

IP Law 360

music company settled claims with Lil Yachty over the company's alleged use of the rapper's name without authorization to raise more than $6.5 million in venture capital funds for a line of non-fungible tokens, according to a brief filed Tuesday in California federal court.

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EUIPO BoA IP Case Law Conference Report # 4 – "IP Code-Breaking in the Era of AI Advancements"

The IPKat

Hugh provided an overview of trade mark protection for non-fungible tokens (NFTs). downloadable digital music files authenticated by non-fungible tokens [NFTs] ), whilst other classes would apply depending on the items authenticated (e.g.,

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UK Music Co. Can't Escape Lil Yachty's TM Suit Over NFTs

IP Law 360

based music company for allegedly using the rapper's name without authorization to raise over $6.5 million in venture capital funds for a line of non-fungible tokens. A California federal judge on Wednesday declined to toss Lil Yachty's trademark infringement suit against a U.K.-based

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HitPiece Infringes Music Creators’ IP Rights: The Impact of NFTs in the Music Industry

IPilogue

On February 4, the Recording Industry Association of America (“RIAA”) sent a demand letter to HitPiece.com’s lawyer and its founders, demanding that it stops infringing music creators’ intellectual property rights. Non-fungible tokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded.

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New Music Industry Takedown Service Targets NFT and ‘Metaverse’ Piracy

TorrentFreak

The non-fungible token (NFT) rage shows that people are willing to pay vast amounts of money for a digital gimmick, that may or may not retain its value. These ‘conterfeit’ or ‘pirate’ NFTs use digital versions of art, photos, music, logos, without the permission of rightsholders. type projects.

Music 139