Remove Artistic Work Remove IP Remove Non-Fungible Tokens
article thumbnail

Non-fungible Tokens: Commercializing Exclusive Digital Art- A Companion Piece

IPilogue

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.

article thumbnail

Patent Poetry: An NFT Showing a Physical Product May Be “Artistic”

JD Supra Law

A New York federal court has ruled that a non-fungible token (“NFT”) for a digital image similar to a Birkin handbag may be an “artisticwork for purposes of determining whether the NFT infringes the Birkin trademark and other IP rights.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

First preliminary injunction issued by a court in Turkey regarding NFTs

The IPKat

Few issues in the world of intangible rights contain as many legal uncertainties as do non-fungible tokens. Non-Fungible Tokens (NFTs), ranging from art and literature to fashion and cinema, remain among the hottest legal topics in the world of intangible rights, despite the lack of clear legal regulation.

article thumbnail

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

IP Whiteboard

And what role does intellectual property ( IP ) play in their creation and sale? 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.

article thumbnail

Copyright Laws & Trademark Infringement for NFTs

Traverse Legal Blog

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?

article thumbnail

A Year Since Hermès Verdict: The Tussle Between Trade Mark Rights and Artistic Freedom Continues

IP and Legal Filings

Secondly, it refused to recognize those non fungible tokens as an ‘Art’ and held them disentitled for any protection under the ‘First Amendment’. Author :- Sakshi Jaiswal , in case of any queries please contact/write back to us at support@ipandlegalfilings.com or IP & Legal Filing. 09, 2022) [link] Jeremy S.

article thumbnail

Fashion In The Metaverse : The Law And Protection

IP and Legal Filings

For undisputed ownership of virtual designs, Intellectual Property (IP) laws must be thoroughly handled with. Copyright safeguards the original digital work and gives its creator some exclusive rights, such as the ability to duplicate and distribute the work. i] Jacob Kastrenakes, Beeple sold an NFT for $69 , The Verge (Oct.

Law 105