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Carolyn Toto recently joined host Joel Simon on his Industry Insights podcast continue the discussion of non-fungibletokens, related IP ownership issues and more. Joel Simon: Our discussion today is part of a series on non-fungibletokens, known as NFTs. Carolyn, with the large sums of money.
One of the biggest stories of 2021 in the ever evolving world of distributed ledgers and crypto currencies has been the rise of Non-FungibleTokens (NFTs). Jack Dorsey, the CEO of famous socialmedia platform twitter sold an NFT of his first tweet for $2.5 What is NFT?
We say goodbye to 2021 with the most interesting posts and articles from the surrounding IP blogs of the past week! v EUIPO | Case T-509/19) and the importance of presenting valid arguments for the existence of a link between the marks - even in the case of marks with an exceptional reputation ( Puma v EUIPO | Case T-71/20).
Still, the straightforward process for creating non-fungibletokens (NFT) has accelerated the theft of digital art. Artists in the digital space have always been vulnerable to the unauthorized distribution, copying, and sale of their work.
You have probably heard of Bored Ape Yacht Club, a collection of non-fungibletokens (NFTs) created by Yuga Labs. By: Pillsbury - Internet & SocialMedia Law Blog These NFTs are owned by A-list celebrities and exploded in popularity in 2021. Ryder Ripps, a self-proclaimed “conceptual artist,”.
Non-fungibletokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded. These sites use strategies like the “rug pull” and phishing scams via socialmedia to drain cyptocurrency from fans’ wallets. As NFTs have gained popularity, scam sites are becoming more common.
There has obviously been a considerable amount of excitement around non-fungibletokens (NFTs) over the last few years and some interesting developments in the last few months. Recently, I spoke in the PRS London Members' Day panel about NFTs, alongside Cliff Fluet (Lewis Silkin) and Mike Walsh (Serenade).
C elebrities Sued f or Posting Images of Themselves ” by The Briefing by the IP Law Blog . The IP law blog, published by Weintraub Tobin and hosted by intellectual property attorneys Scott Hervey and Josh Escovedo, delves into IP issues in the news. Here are my top ten IP-related podcast picks (in alphabetical order): . “C
With the Metaverse and Non-FungibleTokens (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. For more visit: [link].
This blog post embarks on a comprehensive journey to unravel the complex issue of copyright ownership in AI-generated art. The case highlighted the legal ambiguity surrounding copyright ownership in novel situations, the complexity of animal rights, and the influence of photography and socialmedia on wildlife conservation.
One of the biggest stories of 2021 in the ever evolving world of distributed ledgers and crypto currencies has been the rise of Non-FungibleTokens (NFTs). Jack Dorsey, the CEO of famous socialmedia platform twitter sold an NFT of his first tweet for $2.5 What is NFT?
Intellectual property owners need to add the metaverse to places to watch for possible infringement, specifically, trademark or copyright infringement in the form of NFTs or non-fungibletokens. So from our perspective, NFTs stands not only for “non-fungibletokens” but also “New Frontiers for Trademarks.”.
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. The Specific Chinese Name for NFTs.
Right now we are living the intangibles revolution: socialmedia, online shopping, on screen greetings, audio messages and meetings via platforms. So, when their digital self attends an online class or chats on socialmedia, they can choose which t-shirt to wear from the items stored in their digital wardrobe.
It gets worse,… web3 domain name can be used as your NFT marketplace name on Opensea and your socialmedia handle across web2 and web3. Owning googlestore.eth – for instance – can make it easy for a scammer to confuse google customers into thinking the payment request is coming from google. And that they are paying google.
The last miscellany post of 2022 contains some announcements for the blog's contributors as well as some IP news and four professional opportunities - which you should definitely look out for in January! We have reached the end of this long year and will now hopefully take a well-deserved break.
Given the rapid growth of Non-FungibleToken (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. Court decided that an NFT platform must be responsible for the digital works it trades.
Given the rapid growth of Non-FungibleToken (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. Court decided that an NFT platform must be responsible for the digital works it trades.
Since the game title and NFTs were based on the use of F1, the game, the NFTs, the website, and the socialmedia channels using ‘F1’ all had to be shut down. The brand licensing deal apparently had a ‘term’ that expired. F1 did not renew the license. The value of the NFTs was also tied to the F1 brand.
The most recent of them is the metaverse, and similar to what has happened to other parallel realities such as video games and socialmedia, the metaverse is being invaded by fashion brands. The new gems being mined are the non-fungibletokens (NFTs), which are already at the center of several trademark battles.
Non-fungibletokens, known colloquially as NFTs, have gained popularity due to both their scarcity and variety. NFTs can link to underlying assets that range from physical works of art to socialmedia posts to memes.
In particular, non-fungibletokens (NFTs), crypto and metaverse have dominated our infospace. Image by mohamed Hassan from Pixabay. This year we have seen an influx of educational events dedicated to everything digital. June was no exception. At the moment there are separate walled gardens and not one big metaverse.
As previously reported on this blog , non-fungibletokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens.
15] We discuss below three areas that may be of particular interest to this blog’s readership: auction houses and galleries, online marketplaces, and non-fungibletokens (“NFTs”). ” [25] This is especially true on third-party sales websites (socialmedia marketplaces, eBay, etc.),
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. The Specific Chinese Name for NFTs.
Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungibletokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. Introduction. What are NFTs?
The rise of digital assets and Non-FungibleTokens (NFTs) adds new dimensions to the field of IP valuation. Moreover, the subjective and volatile nature of NFT marketsoften driven by socialmedia, cultural trends, and digital scarcityadds layers of uncertainty.
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