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The uncertainties of COVID in a second year couldn’t stop huge application filing numbers and many developments in the world of trademarks. Here are what I found to be the most important trademark issues of the year: Trademark Modernization Act of 2020 (“TMA”) goes into effect. NFT trademarks. 2019: [link].
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. The trademarklaws used to regulate cryptocurrency-related marks are in their nascent stage.
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. Erik Pelton® has been making trademarks bloom since 1999 ® as the founder of Erik M.
Non-fungibletokens (“NFTs”) continue to be popular. Most significantly, “the development of blockchain technology” has been accepted as a legal business activity by the Indonesian standard industrial business categorization code, which was published in 2020. Introduction. MOCI Regulation No.
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 light of the Metaverse, it follows naturally that the enforcement of trademark rights would change over time.
The average US consumer is planning to spend $192 on Valentine’s Day gifts in 2023, up by 8% from 2022 – and just shy of 2020’s record ($196), according to The National Retail Federation [2]. A trademark is not just a means of securing and protecting a brand name, it is also a valuable business asset.
More recently in 2020, Sankalp Jain discussed the copyright challenges in “Dreams,” a video game enabling user-generated content, arguing for the Indian copyright law’s limitations in addressing the the issues around the fan-made creations within the game. Similarly, Shashank Singh penned a post called “ Gamers Beware!
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