LexBlog IP

APRIL 1, 2022

As many know by now, non-fungible tokens (“NFTs”) are unique units of data stored on a blockchain that have become an increasingly popular way to buy and sell artwork (as well as all kinds of other things). The phrase “investment contract” is not defined in the Securities Act. Howey Co. , not the investor).

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IP and Legal Filings

SEPTEMBER 8, 2021

Apart from this, Non-Fungible Tokens, 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-Fungible Tokens (NFTs) have garnered attention and popularity in 2021.

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The IPKat

SEPTEMBER 5, 2022

This means that, at the time when this market emerged (which can be probably traced back to 2020 – it seems not that long ago, but time in the crypto-sphere is running at a different pace), it was unclear what an NFT exactly is. All this has been complicated by the fact that NFTs are both a new and complex concept.

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Traverse Legal Blog

APRIL 6, 2022

While NFTs – aka token contracts- last forever on the blockchain ledger, the linked digital asset could be taken from you or have its value/utility diminished or extinguished. Securities law, contract law, consumer protection laws, and causes of action for fraud and misrepresentation are all possible legal claims.

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IP and Legal Filings

FEBRUARY 7, 2023

According to a Bloomberg Intelligence report [2] , the worldwide revenue opportunity from the metaverse is predicted to hit $800 billion in 2024, up from the estimated $500 billion in revenue generated by the metaverse in 2020. It ought to function similarly to how online contracts are upheld.

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SpicyIP

AUGUST 30, 2021

According to Piyush Goyal, India’s Union Commerce & Industry Minister, India’s ranking in the Global Innovation Index rose to 48th in 2020 after a record number of patents were awarded in 2020-21 and 14.2 Thus, the Court held that the mandatory injunction granted by the Single Judge was inequitable. August 26, 2021].

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LexBlog IP

FEBRUARY 21, 2022

billion in sales in 2021 alone, the non-fungible token (“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

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