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Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyright law. Parallel to this, Non-FungibleTokens, often known as NFTs, have seen tremendous growth as more and more people enter the market. Chinlund, WHAT ARE THE COPYRIGHT IMPLICATIONS OF NFTS?
Trademark filings related to non-fungibletokens (NFTs) exploded in 2021. 2012: [link]. As of December 2021, filings are still high but have slowed in recent months. 2021 is still likely to be another record year for US trademark filings, despite the increased USPTO filing fees implemented in January. NFT trademarks.
Apart from this, Non-FungibleTokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. Non-FungibleTokens (NFTs) have garnered attention and popularity in 2021.
While substantially more applications for goods and services that include the terms “NFTs” and “non-fungibletokens” were filed in 2022 than 2021, the number of NFT applications began to decrease in the second half of 2022. 2012: [link]. Metaverse and NFT Filings Decrease. The firm has registered more than 4,000 U.S.
Another interesting business model making its way into the music industry has pretty much been the talk of the town for a few months now – NFTs (Non-fungibletokens). An NFT acts as a certificate of ownership for whatever the creator puts up for sale.
The rise in popularity of non-fungibletokens (NFTs) has attracted a great deal of attention from copyright practitioners and aficionados. And why is that? Basically, because an NFT is an encoded digital metadata file of a copy of a work that can be copyright protected.
For more descriptive posts especially on Non-FungibleTokens (NFTs) and copyright law, check Adarsh Ramanujan’s two-part post here and here and Awani Kelkar’s post here. For instance, this decade-old post by Shashank Mangal explored this concept with compelling hypothetical scenarios. That’s all from my end. (By
One recent case gives some indication on how the English courts are responding in a dispute about trading blockchain-based non-fungibletokens (NFTs) between a trading platform and its user ( Soleymani v Nifty Gateway LLC [2022] EWHC 773 (Comm) ). 100 winners of one NFT auction .
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