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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.

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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). A Non-Fungible Token or NFT is a programmable digital unit of value which is recorded on a digital ledger. Introduction. What is NFT?

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Around the IP Blogs

The IPKat

Perfect timing to take a look at what the surrounding blogs have posted over the past few days! " The Kluwer Trademark Blog provides a summary of the background and outcome of the above decisions. The Kluwer Copyright Blog reports on a recent Italian Supreme Court decision addressing this question.

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Top 10 Posts on the Kluwer Copyright Blog in 2021

Kluwer Copyright Blog

Despite its challenges, last year was another busy one in the copyright world, with ongoing European copyright reform, a number of landmark CJEU decisions and notable developments in a number of jurisdictions. From relative obscurity only a few months back, public awareness of non-fungible tokens (NFTs) has risen dramatically.

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COPYRIGHT IN METAVERSE

Intepat

Another layer of complexity arises from the unique characteristics of non-fungible tokens (NFTs), which have become the metaverses digital asset backbone. While NFTs verify the ownership of a digital item, they do not inherently transfer copyright to the buyer.

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Miramax Files Lawsuit Against Quentin Tarantino For Sale Of Pulp Fiction NFTs

IPilogue

On November 16, 2021, Miramax filed a lawsuit against Quentin Tarantino for his planned auction of non-fungible tokens (NFTs) based on his original hand-written script of the film Pulp Fiction.

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

IPilogue

On February 4, the Recording Industry Association of America (“RIAA”) sent a demand letter to HitPiece.com’s lawyer and its founders, demanding that it stops infringing music creators’ intellectual property rights. Non-fungible tokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded.

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