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A NFT Primer on Potential IP Ownership Legal Issues

JD Supra Law

Carolyn Toto recently joined host Joel Simon on his Industry Insights podcast continue the discussion of non-fungible tokens, related IP ownership issues and more. Joel Simon: Our discussion today is part of a series on non-fungible tokens, known as NFTs. Carolyn, with the large sums of money.

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Non-Fungible Tokens (NFT) and Copyright

Biswajit Sarkar Copyright Blog

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). Jack Dorsey, the CEO of famous social media platform twitter sold an NFT of his first tweet for $2.5 What is NFT?

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Around the IP Blogs

The IPKat

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).

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Blurred Lines: How the Lack of Regulation of NFT Platforms Has Fueled Rampant Art Theft

IPilogue

Still, the straightforward process for creating non-fungible tokens (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.

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Ripps, Slapps and Apes: Yuga Labs v. Ripps, et. al. Moves Forward

JD Supra Law

You have probably heard of Bored Ape Yacht Club, a collection of non-fungible tokens (NFTs) created by Yuga Labs. By: Pillsbury - Internet & Social Media Law Blog These NFTs are owned by A-list celebrities and exploded in popularity in 2021. Ryder Ripps, a self-proclaimed “conceptual artist,”.

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HitPiece Infringes Music Creators’ IP Rights: The Impact of NFTs in the Music Industry

IPilogue

Non-fungible tokens (“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 social media to drain cyptocurrency from fans’ wallets. As NFTs have gained popularity, scam sites are becoming more common.

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Ten things to know about NFTs

The IPKat

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. Recently, I spoke in the PRS London Members' Day panel about NFTs, alongside Cliff Fluet (Lewis Silkin) and Mike Walsh (Serenade).