CopyrightsWorld

MAY 7, 2022

Non-fungible token technology has enabled artists to sell digital originals without the use of intermediaries while also receiving royalties on secondary sales of their work. However, this is only the early stages of the capabilities that non-fungible tokens offer to the web 3.0 to web 3.0.

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Non-Fungible Tokens Ownership Technology Marketing 98

IP Watchdog

MAY 18, 2022

In January 2022, StockX announced its plans to launch The Vault, which uses non-fungible tokens (NFTs) to allow buyers to track ownership of physical products resold on its e-market and warrant their authenticity, including Nike shoes.

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Non-Fungible Tokens Trademark Ownership Marketing 122

Intellectual Property Law Blog

MARCH 13, 2024

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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Reporting Non-Fungible Tokens IP Intellectual Property 130

IP Watchdog

NOVEMBER 18, 2021

Director Quentin Tarantino’s 1994 Pulp Fiction, considered among the most influential films in modern history, has emerged as a test case of sorts for issuing non-fungible tokens (NFTs) that relate to a copyright-protected work. The lawsuit, filed in the U.S.

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Non-Fungible Tokens Ownership Contracts IP 126

JD Supra Law

JUNE 29, 2022

From ownership to expression to revenue, it’s no secret that non-fungible tokens (NFTs) have made a significant impact on the art world in the last 18 months.

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Non-Fungible Tokens Art Ownership Reporting 98

JD Supra Law

MAY 3, 2022

NFTs, or non-fungible tokens, are digital assets that are sharply rising in popularity. It is genuine because ownership of the NFT is tracked and stored on the blockchain, meaning. Every day, individuals are launching new NFT projects with similar or new features compared to prior NFT projects. By: Oberheiden P.C.

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Non-Fungible Tokens Ownership Business 102

JD Supra Law

MAY 27, 2022

Non-fungible tokens (NFTs) and the metaverse are the latest buzzwords online, including in the legal industry. But have you heard about Web3? By: Sterne, Kessler, Goldstein & Fox P.L.L.C.

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The IPKat

JULY 14, 2022

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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Non-Fungible Tokens Artwork Editing Contracts 144

JD Supra Law

JUNE 14, 2022

A non-fungible token (“NFT”) is a type of financial asset that is made up of digital data stored in a blockchain. The person or entity that owns the NFT records the ownership in the blockchain, which allows NFTs to be sold and traded. Clear as mud, right?

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Non-Fungible Tokens Ownership Music Marketing 98

Traverse Legal Blog

OCTOBER 20, 2022

Whether you are looking to make your own non fungible token to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Are NFTs (Non Fungible Tokens) Considered Intellectual Property? What is a Non Fungible Token?

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Non-Fungible Tokens Copyright Law Trademark Copyright 49

IP Law 360

FEBRUARY 2, 2022

A Canadian entity claiming to own Quantum, a non-fungible token believed to be the first of its kind, alleged in New York federal court that Sotheby's wrongly marketed the NFT's ownership in an auction where the artist sold the work for $1.47

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JD Supra Law

JANUARY 16, 2023

Non-fungible tokens (NFTs) serve as agile mechanisms to verify an underlying asset's authenticity and/or ownership linked with it. For now, minting NFTs to commercialize digital artwork on blockchain domain names continues to be one of the most common schemes for their use. By: Holland & Knight LLP

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Traverse Legal Blog

AUGUST 15, 2022

An NFT or “non-fungible token” is a digital asset that links ownership to unique digital items. Non-fungible tokens have been designed to give you ownership of something that cannot be replicated or copied. An NFT shows proof of ownership for a digital object. What are NFTs?

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SpicyIP

MAY 18, 2022

Class 9: Virtual two wheelers; virtual motorcycles; virtual scooters; virtual three wheelers; virtual electric vehicles; virtual gaming studio, virtual gaming parlour, downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens. Application date. Description (shortened). Feb 25, 2022.

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Non-Fungible Tokens Trademark Artwork Art 122

JD Supra Law

DECEMBER 19, 2022

The Digital, Culture, Media and Sport Committee (DCMS) of the UK Parliament published a call for evidence on the operation, risks, and benefits of non-fungible tokens (NFTs) and blockchain. The DCMS noted that digital assets such as NFTs provide for flexible ownership, making them attractive for wide adoption.

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IPilogue

MARCH 14, 2022

and requiring someone to repeat their answer after you zoned out, here is the definition: Non-fungible token (“ NFT ”): a digital asset that represents real-world objects like art, music, in-game items, and videos. For those of you like me who have survived this long asking the question “what is an NFT?”

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Non-Fungible Tokens Ownership Intellectual Property Intellectual Property Law 122

JD Supra Law

JULY 5, 2022

In this episode, our lawyers discuss non-fungible tokens, better known as NFTs – including defining what an NFT is and is not, how to create one and post it to a marketplace, and the rights and responsibilities of ownership. By: Ballard Spahr LLP

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Non-Fungible Tokens Business Intellectual Property Ownership 52

Traverse Legal Blog

AUGUST 15, 2022

The basic explanation is that an NFT, or “non-fungible token” is a digital asset that links ownership to unique digital items. Non- fungible tokens have been designed to give a person ownership of something, kind of like modern day digital collectibles. NFT Technology. NFTs in Video Games.

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LexBlog IP

NOVEMBER 23, 2022

Unlike certificates, for example, tokens can be transferred between users globally without any intermediary involvement, which can reduce transaction time and costs. Blockchain-based transfers also make it easier to track ownership and automate the transfer of assets, leading to more liquidity, transparency, and accessibility.

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Intellectual Property Ownership Non-Fungible Tokens Art 40

Plagiarism Today

MARCH 16, 2022

” NFTs, or non-fungible tokens, have seen both big sales and big business in the past year. They are essentially a receipt that is placed on the blockchain that allows a purchaser to claim “ownership” over that particular NFT. It’s an attempt to add scarcity to digital goods.

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Non-Fungible Tokens Copyright Plagiarism Intellectual Property 186

IPilogue

JUNE 13, 2022

Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art. Many NFT marketplaces do not require the person listing the piece to provide proof of ownership or personal information.

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Non-Fungible Tokens Art Due Diligence Social Media 125

Kluwer Copyright Blog

JUNE 19, 2023

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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Non-Fungible Tokens IP Ownership Contracts 98

Garrigues Blog

OCTOBER 26, 2022

Non-fungible tokens, or NFTs, have come to hold a fundamental place in the digital universe and, specifically, in the so-called Web3. Although at present NFTs are scarcely used beyond mere collectibles, the growing interest in the metaverse is making non-fungible tokens extremely useful assets in our virtual lives.

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Non-Fungible Tokens Trademark Intellectual Property Art 52

IP and Legal Filings

JANUARY 23, 2023

Due to the recurrent copyright difficulties, which have a significant impact on an individual’s business interest, it is imperative to preserve the ownership rights of digital works. Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market.

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Non-Fungible Tokens Copyright Intellectual Property Ownership 81

LexBlog IP

MARCH 13, 2024

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”).

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Reporting Non-Fungible Tokens IP Intellectual Property 52

The IPKat

SEPTEMBER 5, 2022

In the case of NFTs, the use of a CC license makes a lot of sense because the value of an NFT is not uniquely centered on the related artwork, which is any case relevant, but on the artist's bio, the blockchain on which is minted and, ultimately, the token (the non-fungible token, in fact, as different from the artwork linked to it).

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Licensing Non-Fungible Tokens Artwork Contracts 95

Biswajit Sarkar Copyright Blog

MAY 30, 2022

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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Non-Fungible Tokens Copyright Ownership Social Media 52

Traverse Legal Blog

OCTOBER 6, 2022

An NFT or “non-fungible token” is a digital asset that links ownership to unique digital items (songs, pictures, videos, tweets and items in online games or virtual worlds) that cannot be replicated or copied. An NFT shows proof of ownership for a digital object. NFTS in the Metaverse.

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IPilogue

JUNE 21, 2022

Nike alleges that StockX is selling unauthorized non-fungible tokens (“NFTs”) of Nike sneakers. NFTs are unique digital assets that are digital representations of ownership of real-world items. These issues are novel in their involving the metaverse. The Nike Suit.

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TorrentFreak

FEBRUARY 8, 2023

The fleeting non-fungible token (NFT) craze showed that some people are willing to pay vast amounts of money for digital assets that are not guaranteed to retain their value. In addition to the ‘collectible’ aspect, NFTs can also be used as proof of ownership or access.

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Non-Fungible Tokens Cease and Desist Intellectual Property Law Copying 92

Dear Rich IP Blog

MAY 12, 2022

That's because when an artwork is sold, the buyer only acquires ownership of the physical work, for example, the framed painting. BTW, the same rules apply for non-fungible tokens (NFTs). Yes, your client's permission is required. This is the case regardless of whether the catalog is sold or offered for free.

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Artwork Non-Fungible Tokens Art Copying 52

Traverse Legal Blog

APRIL 17, 2021

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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Due Diligence Licensing Non-Fungible Tokens Copyright 113

Intepat

SEPTEMBER 15, 2023

This burgeoning genre is not only pushing the boundaries of artistic expression but also challenging the established norms of copyright ownership. This blog post embarks on a comprehensive journey to unravel the complex issue of copyright ownership in AI-generated art. Copyright laws are designed to safeguard the rights of creators.

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The IPKat

JUNE 13, 2022

There has obviously been a considerable amount of excitement around non-fungible tokens (NFTs) over the last few years and some interesting developments in the last few months. The terms of ownership and remuneration vary between platforms. Here is a roundup of the key things to know and keep an eye on.

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IP and Legal Filings

OCTOBER 18, 2022

NFTs, which stand for “ Non-Fungible Tokens ,” must first be understood in order to comprehend what “fungible” means. A commodity is said to be fungible in economics if it can be exchanged for another unit of the same commodity without losing any value.

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The IPKat

APRIL 19, 2023

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). Ownership of every name periodically expires and, at that point, anyone may freely claim it on Namecoin by re-registering the expired name.

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IP and Legal Filings

OCTOBER 20, 2022

NFTs ( Non-fungible token ) are digital assets that represent tangible or intangible items, built on existing or newly-created blockchain networks. Since each NFT has a unique encoding, unlike cryptocurrencies with fungible properties, its denomination is based on the quantity and uniqueness of each item. Introduction.

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