IPilogue

JUNE 13, 2022

Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art. Many NFT marketplaces do not require the person listing the piece to provide proof of ownership or personal information.

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Non-Fungible Tokens Art Due Diligence Social Media 124

JD Supra Law

JUNE 29, 2022

From ownership to expression to revenue, it’s no secret that non-fungible tokens (NFTs) have made a significant impact on the art world in the last 18 months. Moving beyond the popular media reporting of record valuations and social FOMO (fear of missing. By: Carlton Fields

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Non-Fungible Tokens Art Ownership Reporting 98

IP Whiteboard

JUNE 7, 2021

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. Until now, the sale of digital art has been a difficult proposition. We’re glad you asked.

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Non-Fungible Tokens IP Cease and Desist Ownership 40

The IPKat

JULY 14, 2022

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs). All this is at odds with the understanding of NFTs as property.

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Traverse Legal Blog

OCTOBER 20, 2022

Whether you are looking to make your own non fungible token to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Are NFTs (Non Fungible Tokens) Considered Intellectual Property? What is a Non Fungible Token?

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Non-Fungible Tokens Copyright Law Trademark Copyright 49

SpicyIP

MAY 18, 2022

Class 9: Virtual two wheelers; virtual motorcycles; virtual scooters; virtual three wheelers; virtual electric vehicles; virtual gaming studio, virtual gaming parlour, downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens. Application date. Description (shortened). Feb 25, 2022.

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Non-Fungible Tokens Trademark Artwork Art 113

LexBlog IP

NOVEMBER 23, 2022

Unlike certificates, for example, tokens can be transferred between users globally without any intermediary involvement, which can reduce transaction time and costs. Blockchain-based transfers also make it easier to track ownership and automate the transfer of assets, leading to more liquidity, transparency, and accessibility.

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IPilogue

MARCH 14, 2022

and requiring someone to repeat their answer after you zoned out, here is the definition: Non-fungible token (“ NFT ”): a digital asset that represents real-world objects like art, music, in-game items, and videos. For those of you like me who have survived this long asking the question “what is an NFT?”

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Non-Fungible Tokens Ownership Intellectual Property Intellectual Property Law 122

Traverse Legal Blog

APRIL 17, 2021

With that in mind, we now have something called non-fungible tokens or NFTs. What are the terms by which you are selling the NFT and licensing your work, the art you put into the platform that’s going to be attached to the NFT? Was that ownership transferred, and if so, to whom? Let’s talk about it.

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Due Diligence Licensing Non-Fungible Tokens Copyright 113

Dear Rich IP Blog

MAY 12, 2022

Dear Rich: As the representative of a particular (living) artist, I was recently contacted by the organizer of an exhibition in which original art pieces owned by various collectors will be on display -- including my client's art. BTW, the same rules apply for non-fungible tokens (NFTs).

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Artwork Non-Fungible Tokens Art Copying 52

Kluwer Copyright Blog

JUNE 19, 2023

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm.

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Non-Fungible Tokens IP Ownership Contracts 98

Garrigues Blog

OCTOBER 26, 2022

Non-fungible tokens, or NFTs, have come to hold a fundamental place in the digital universe and, specifically, in the so-called Web3. Although at present NFTs are scarcely used beyond mere collectibles, the growing interest in the metaverse is making non-fungible tokens extremely useful assets in our virtual lives.

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Non-Fungible Tokens Trademark Intellectual Property Art 52

Biswajit Sarkar Copyright Blog

MAY 30, 2022

One of the biggest stories of 2021 in the ever evolving world of distributed ledgers and crypto currencies has been the rise of Non-Fungible Tokens (NFTs). This technological breakthrough has taken the art and tech world by storm. Introduction. In this article we understand the relationship between NFTs and copyright.

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Non-Fungible Tokens Copyright Ownership Social Media 52

Traverse Legal Blog

OCTOBER 6, 2022

An NFT or “non-fungible token” is a digital asset that links ownership to unique digital items (songs, pictures, videos, tweets and items in online games or virtual worlds) that cannot be replicated or copied. An NFT shows proof of ownership for a digital object. NFTS in the Metaverse.

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The IPKat

APRIL 19, 2023

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). Ownership of every name periodically expires and, at that point, anyone may freely claim it on Namecoin by re-registering the expired name.

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IPilogue

NOVEMBER 30, 2021

In May 2021, a phenomenal IPilogue submission by Keir Strickland-Murphy (Osgoode Law ‘22) touched on the recent boom of Non- fungible Tokens. In this piece, I will recapitulate Strickland- Murphy’s exploration of IP ownership of Non-fungible Tokens and expand on recent developments since May.

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Non-Fungible Tokens Art Moral Rights Copyright Infringement 110

LexBlog IP

FEBRUARY 16, 2022

Hermes recently sued a digital artist for knocking off its Birkin handbag through the issuance of MetaBirkin non-fungible tokens (“NFT”). The underlying work itself is largely protected under the First Amendment as expressive art. Artists and creators can monetize ownership of their digital creations.

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Art Non-Fungible Tokens Intellectual Property Ownership 52

The IPKat

SEPTEMBER 5, 2022

The NFT art market, that is NFTs which specifically link an artwork or a digital file (a song, for example), have already gone mainstream and, of course, artists and projects owners have asked lawyers to prepare IP licenses to protect their IP. Secondly, the guidelines document notes that section 1.4

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Licensing Non-Fungible Tokens Artwork Contracts 95

IP and Legal Filings

OCTOBER 18, 2022

NFTs, which stand for “ Non-Fungible Tokens ,” must first be understood in order to comprehend what “fungible” means. A commodity is said to be fungible in economics if it can be exchanged for another unit of the same commodity without losing any value. Conclusion.

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Non-Fungible Tokens Artwork Privacy Ownership 52

Traverse Legal Blog

MARCH 8, 2022

Today, we’re going to talk about non-fungible tokens (NFTs). art, photograph, video, NFT asset). The art inside the gallery is protected by COpyright law. BASIC project’s listing agreement is internally inconsistent on the issue of ownership. My name is NFT lawyer Enrico Schaefer.

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Non-Fungible Tokens Artwork Licensing Brands 131

The IPKat

JUNE 13, 2022

There has obviously been a considerable amount of excitement around non-fungible tokens (NFTs) over the last few years and some interesting developments in the last few months. The terms of ownership and remuneration vary between platforms. Here is a roundup of the key things to know and keep an eye on.

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Non-Fungible Tokens Advertising Advertising Ownership 140

Plagiarism Today

AUGUST 2, 2022

NFTs (Non-Fungible Tokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works. To be clear, this isn’t the first time blockchain and crypto promised that they would make artists’ lives easier or open up new opportunities, only to fail completely.

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Copyright Non-Fungible Tokens Technology Plagiarism 246

Traverse Legal Blog

JANUARY 26, 2022

Today, we will be talking about NFT non-fungible token licensing. NFT are ERC-721 tokens. The token goes onto the blockchain, indicating ownership rights and potentially royalty rights for future transfers of the NFT, but not the underlying digital asset. The digital piece of art or the digital work.

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Non-Fungible Tokens Licensing Ownership Copying 97

The IPKat

JUNE 27, 2022

Consequently, the definition of NFTs as “certificate of authenticity” or “certificate of ownership” is not accurate. The work is an extension of and in the spirit of other artists who have worked within the field of appropriation art”. Yuga Labs, therefore, still owns the copyright in each NFT.

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Non-Fungible Tokens Contracts Copying Art 135

IP Tech Blog

JANUARY 4, 2023

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. The Specific Chinese Name for NFTs.

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IP Ownership Non-Fungible Tokens Copyright Law 109

LexBlog IP

APRIL 25, 2022

On February 4, 2022, the Treasury Department published its Study on the Facilitation of Money Laundering and Terror Finance Through the Trade in Works of Art (the “Report”). [1] Yet the Report also discussed how the art market remains susceptible to money laundering and describes how market participants can minimize this risk.

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Art Marketing Marketing Due Diligence 52

IIPRD

FEBRUARY 25, 2022

But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high as $2.47bn only 6 months into 2021.

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Non-Fungible Tokens IP Ownership Intellectual Property 40

LexBlog IP

JULY 13, 2021

Who has not heard of the $69 million price tag on Everydays – the First 5000 Days and other outlandish prices for digital art. This article will try to explain just what an NFT is and, because of their relationship to the creative arts, some of the intellectual property issues surrounding them. The Mona Lisa is non-fungible.

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Intellectual Property Non-Fungible Tokens Art Ownership 59

Fish & Richardson Trademark & Copyright Thoughts

JUNE 16, 2022

Principal Cynthia Walden and Associate Sarah Kelleher discuss the non-fungible token (NFT) trend across the fashion industry and what this digital arena means for trademark protection and enforcement. NFTs are data units stored on a blockchain used to transfer ownership of physical items or digital media with smart contracts.

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Non-Fungible Tokens Intellectual Property Trademark Brands 40

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. million) knew that the NFT may or may not reference any art at all.

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Kashishipr

APRIL 13, 2022

With the Metaverse and Non-Fungible Tokens (NFTs) being the common buzzwords as of late, the USPTO (US Patent & Trademark Office) has been experiencing a significant rise in the number of Trademark Applications filed in the virtual sphere to safeguard the products and services. Market Reach & Presence.

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Intellectual Property IP Non-Fungible Tokens Brands 116

Traverse Legal Blog

JANUARY 29, 2022

Today we are going to talk about NFTs or non-fungible tokens. If you’re selling a digital rendition of a piece of artwork, you will mint an NFT, which will then attach to that particular piece of digital art. They are retaining their copyright ownership. If you mint an NFT, you are selling the NFT itself.

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Licensing Non-Fungible Tokens Copyright Copying 102

JIPEL Copyright Blog

MARCH 29, 2022

Along with these evolutions in the digital space, forms of investment and ownership are also advancing to make use of these technologies. NFT stands for Non-Fungible Token and an NFT is a unique digital asset. Essentially, an NFT is a digital token that can serve as a certificate of ownership. What are NFTs?

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IP Non-Fungible Tokens Ownership Copyright Infringement 40

CopyrightsWorld

APRIL 19, 2021

Some info on NFTs: NFTs’ actual ownership is blockchain-managed. Non-fungible tokens contain permanent metadata – like a certificate of authenticity for a rare painting. A single image was sold for 69M and Jack Dorsey sold his first tweet for 2.9M just some weeks ago. Bidding will be open from Feb 25-Mar 11.

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Corsearch

NOVEMBER 15, 2022

NFTs have steadily grown in popularity over the last couple of years, challenging our perception of art, fashion, reality, possession, and intellectual property rights. Those celebrities are members of a famous NFT project, ‘BORED APE YACHT CLUB’, which symbolizes a financial success and consumer demand for digital art.

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Branding Branding Brands Non-Fungible Tokens 52

IP and Legal Filings

OCTOBER 28, 2022

Non-fungible tokens (“NFTs”) continue to be popular. NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world. A digital asset that is held on a blockchain, such as music, art, in-game items, or films, is referred to as an NFT. Introduction. data retention.

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Non-Fungible Tokens Intellectual Property Registering Trademarks Trademark Law 96

Biswajit Sarkar Copyright Blog

JUNE 23, 2022

Given the rapid growth of Non-Fungible Token (NFT) market, it was just a matter of time until a court recognised the labyrinth of intellectual property difficulties that surrounded the distribution and sale of NFT digital works. defendant), who controls the marketplace of NFT Bigverse, a digital art trading platform.

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