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The platform integrates platforms, digital accelerators, domain and design skills, and solid partnerships in a “rich creator-partner economy.” ” Non-fungibletokens (NFTs) have also been investigated by other Indian companies for application in the metaverse. 181 (2011) DLT 716. [2]
Copyright laws are designed to safeguard the rights of creators. In 2011, wildlife photographer David Slater captured a monkey selfie, which gained widespread attention online. Some of his works have been sold as NFTs (Non-FungibleTokens). Slater, 16-15469, popularly known as the Monkey selfie case.
This poses fundamental questions for legal systems designed for conventional businesses with connections to physical locations. The relevant case law ( Pammer v Reederei Karl Schluter GmbH & Co KG [2011] 2 All ER (Comm) 888 ) related to businesses that provided services relating to a specific location.
On September 23, the art site PokerPaint announced on their Twitter (Tweet now deleted) that they were releasing a series of Non-FungibleTokens (NFTs) on OpenSea. In 2009, the Associated Press filed a lawsuit against artist Shepherd Fairey over the famous Obama “Hope” poster that he designed.
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