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Taking the “Fun” Out of Non-Fungible Tokens: Could Securities Laws Apply to NFTs?

LexBlog IP

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). 6, 2020), available at [link] ; see also Gary Plastic Packaging Corp. 2]. See, e.g. , Complaint, S.E.C.

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“For Sale: This Article”: an overview of non-fungible tokens (NFTs) and IP

IP Whiteboard

NFT stands for non-fungible token. Non-fungible basically means unique. By way of comparison, a $10 note is an example of a fungible asset, because it can be replaced with another $10 note, or two $5 notes. And what role does intellectual property ( IP ) play in their creation and sale? What are NFTs?

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[Guest post] 'Can't Be Evil' NFT license - A tentative NFT worldwide license standard

The IPKat

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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Protection of Nonfungible Tokens in Indonesia

IP and Legal Filings

Non-fungible tokens (“NFTs”) continue to be popular. NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world. 5 of 2020, dated November 16, 2020, regarding ESP in the Private Sector, as amended by MOCI Regulation No. Introduction. MOCI Regulation No.

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IP Protection of NFTs: A Comparative Look at the US and China

IP Tech Blog

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. It starts with the Chinese translation of Non-Fungible Tokens. Ownership and Enforcement. Copyright Ownership. The United States.

IP 109
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Trademarks And the Metaverse

IP and Legal Filings

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. In contrast, NFTs and brands in the metaverse bring unique ownership considerations.

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The Growing Popularity of NFTs: How to Protect Your NFT Personal Property Rights

LexBlog IP

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