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Protection of Nonfungible Tokens in Nepal

IP and Legal Filings

Early in 2019, the Nepali government proposed a comprehensive IT Bill to replace the current Electronic Transaction Act. However, as artwork typically cannot be duplicated exactly and cannot be swapped with another without losing or gaining value, it is non-fungible. NFTs are viewed as the future of ownership by enthusiasts.

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Africa IP highlights 2021 #1: The copyright field

The IPKat

While the High Court found Morison liable for trademark infringement as well as passing-off, the trial judge did not make a finding of copyright infringement, stating that as the designer of the device was not called to testify, copyright ownership was not sufficiently proven.

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Protection of Nonfungible Tokens in Indonesia

IP and Legal Filings

NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world. 71 of 2019, dated October 10, 2019, regarding the Provision of Electronic Systems and Transactions. Copyright: NFTs are closely related to artworks that are the subject to copyright and related rights protection.

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Copyright Goes Bananas: District Court Rejects Maurizio Cattelan’s Motion to Dismiss Copyright Claim Against His Taped Banana

LexBlog IP

During Art Basel Miami Beach in December 2019, Italian artist and provocateur Maurizio Cattelan [1] duct-taped a banana onto a white wall. Within hours, his work, Comedian , sold for $120,000, went viral, and became that year’s perhaps most discussed artwork. [2] 3] On July 6, 2022, Judge Robert N. ” [21]. .’”

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No Free Use in the Purple Rain – U.S. Supreme Court Finds License of Andy Warhol’s “Orange Prince” Infringes Photographer’s Copyright

LexBlog IP

This ownership interest in the creative work is balanced with the general public’s need to access the creative arts and exercise First Amendment rights. ” [5] When the original and the copy share a similar purpose, there is a concern that the copy will substitute for the original. Oracle America, Inc.

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An Idea Doesn’t Have to be Novel to be Stolen (In California)

The IP Law Blog

Desny could not get through to Wilder and subsequently stripped his script to the bare facts so that Wilder’s secretary could copy it in short-hand over the phone. Even though an idea is not property subject to exclusive ownership, its disclosure may be of substantial benefit to the person to whom it is disclosed.

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NFTs: promisingly transformational, yet fraught with IP pitfalls – Part II

Kluwer Copyright Blog

The first sale doctrine restricts the rights holder’s exclusive right to distribute a copyrighted work to the public, where the distribution right to control secondary sales is ‘exhausted’ upon completion of the first lawful sale of a copy of the work by the rights holder or with their consent.

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