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Can We Reexamine the Role of Blockchain in Copyright Now?

Plagiarism Today

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. 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.

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Fashion In The Metaverse : The Law And Protection

IP and Legal Filings

This may be simpler in the case of employee-created works that will be converted into digital or NFT assets, but less so when an independent contributor is involved. The trademark registration safeguards the owner’s rights and establishes the business’s legal standing.

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IP infringement in Metaverse

IIPRD

With new advancements in technology, new challenges come forward. As recently in 2022 Hermès, a fashion house sued Manson an NFT (non-fungible token) 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.

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NFTs and Copyright: Some Burning Issues

Kluwer Copyright Blog

The last couple of years has seen the emergence of Non-Fungible Tokens (NFTs) as an important medium for the creation, sale and collection of art, with numerous instances of big money purchases of NFTs. NFTs pose an interesting challenge at the remedy stage as well, owing to the underlying blockchain technology.

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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. Multiple pieces of copyright material may exist in a single digital work. What are NFTs?