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First off today, Samantha Handler at Bloomberg Law reports that the film studio Mirimax has filed a copyright infringement lawsuit against director Quentin Tarantino over Tarantino’s plans to release of Non-FungibleTokens (NFTs) related to the film Pulp Fiction.
In 2021, Collins Dictionary named “NFT,” the abbreviation for non-fungibletoken, its word of the year. In 2017, the US-based Association of National Advertisers named AI (artificial intelligence) its marketing word of the year. By: Dentons
Trademark filings related to non-fungibletokens (NFTs) exploded in 2021. 2017: [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. 2017: [link]. Metaverse and NFT Filings Decrease. The firm has registered more than 4,000 U.S.
Non-fungibletokens contain permanent metadata – like a certificate of authenticity for a rare painting. billion just on the nine top platforms in 2017. A single image was sold for 69M and Jack Dorsey sold his first tweet for 2.9M just some weeks ago. Some info on NFTs: NFTs’ actual ownership is blockchain-managed.
Non-fungibletokens (‘NFTs’) have occupied a significant space in current legal discourse, in no small part due to the numerous legal questions that have emerged in their wake. The views expressed in the piece are personal. Trademarks as a Barrier to Free-Speech: An Examination of the MetaBirkins Dispute.
1) The Rise of Non-FungibleTokens (NFTs) and the Role of Copyright Law – Part II by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó. “Part I of this post introduced the recent emergence of Non-FungibleTokens (NFTs), explained their basic characteristics and what they can represent. .”
From Eminem to Snoop Dog , Tony Hawk to Lionel Messi , William Shatner to Brie Larson , music, sports, and Hollywood celebrities have eagerly jumped on the NFT (non-fungibletoken) bandwagon. And it’s not only the FTC that celebs should be concerned with; it’s also the U.S. Securities and Exchange Commission (SEC).
This historic ruling created a precedent for companies looking to protect their trademarks in the metaverse and sparked debate about whether Non-FungibleTokens (NFT) are protected by intellectual property laws. The jury gave Hermès a damages award of almost $133,000.
billion in sales in 2021 alone, the non-fungibletoken (“NFT”) has recently undergone a dramatic rise in prominence in the cryptoverse, similar to the “crypto summer” of 2017-18 or the “DeFi summer” of 2020. By: Joshua Durham. With an astounding $17.7
The Birkin’s hefty price tag — a Diamond Himalaya Birkin sold for over $400,000 in 2017 — has made it a prime target for knockoffs. The Birkin’s distinctive shape has acquired a secondary meaning, such that its trade dress has a trademark registration with the US Patent & Trademark Office. Hermès’ Action.
RightsLedger started in 2017 as a digital content marketplace for independent creators, producers and distributors to facilitate deals across borders, without any of the issues of trust, transparency, high fees and small payments for creators that exist within the standard distribution model.
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