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Non-fungibletokens ("NFTs") - what are they, anyhow? On Monday, May 16, 2022, SoCal IP Law Group LLP partner Marina L. Technically, they are a digital asset. Again, what does that mean?
Consider the recent WIPO webinar , "Blockchain Whitepaper for IP Ecosystems", at which the view was expressed that the future of IP management rights could include a solution that utilizes tokens, and, in particular, non-fungibletokens. The process of creating a digital asset with a smart contract is called "minting".
.” The article was authored by the AIPLA’s Augmented Reality(AR) / Virtual Reality(VR) subcommittee, which I had the honor of co-leading with Barrett Spraggins in 2022 (and continue to co-lead in 2023). The authors include Barrett Spraggins, David Pointer, George Raynal, and Ryan Phelan.
The emergence of blockchain-supported Non-FungibleTokens (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-FungibleTokens. It has been debated whether NFTs/DC could be protected in China by designpatents.
As recently in 2022 Hermès, a fashion house sued Manson an NFT (non-fungibletoken) creator for trademark infringement who marketed a digital asset called “Metabirkins”, which was a digital copy of a bag created by Hermès, which sold at many high prices. Conclusion and Suggestions.
The emergence of blockchain-supported Non-FungibleTokens (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-FungibleTokens. It has been debated whether NFTs/DC could be protected in China by designpatents.
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