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In May 2021, a phenomenal IPilogue submission by Keir Strickland-Murphy (Osgoode Law ‘22) touched on the recent boom of Non- fungibleTokens. In this piece, I will recapitulate Strickland- Murphy’s exploration of IP ownership of Non-fungibleTokens and expand on recent developments since May.
NFTs are digitally unique “non-fungibletokens,” based on block chain technology, that are used to manage the IP rights of artists in underlying works. The post The Uncharted Legal Territory of Non-FungibleTokens appeared first on Global IP & Technology Law Blog. Read more here.
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). A Non-FungibleToken or NFT is a programmable digital unit of value which is recorded on a digital ledger. Introduction. What is NFT?
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.
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).
Her previous posts on the blog can be viewed here, here , here , here and here. Aparajita is a lawyer based in Bangalore. She works in a law firm that advises technology companies. The views expressed in this post are personal. Trademarks and the Metaverse: Imaginary Rights or Real Wrongs? Aparajita Lath. Image from here. Feb 25, 2022.
The Rise of Non-FungibleTokens (NFTs) and the Role of Copyright Law – Part II by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó. The Rise of Non-FungibleTokens (NFTs) and the Role of Copyright Law – Part I by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó.
The recent buzz around Non-FungibleTokens (NFTs) has created a wealth of both opportunity and legal issues. Intellectual Property and Contract law are fascinating for their legal complexities and their adaptability to modern times.
The fashion industry was one of the first industries to enthusiastically explore the opportunities afforded by the metaverse and NFTs (non-fungibletokens). apareci primero en Intellectual and Industrial Property Blog - Garrigues.
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.
Copyright IPLens blog looked at several recent decisions of the Court of Milan, to see how the CJEU Cofemel decision has impacted on the copyright protection of industrial designs [see also an IPKat post the Kiko case, where the Italian Supreme Court applied Cofemel to Kiko store layout]. The current battle is over a U.S.
It's time for a weekly review of posts from the surrounding IP blogs over the past week! TRADE MARKS The so-called "metaverse" and "non-fungibletokens" (NFTs) have generated hype among technology enthusiasts over the past two years. The Kluwer Copyright Blog, therefore, explains potential challenges that may arise.
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.
Dirk Visser of Leiden University moderated this discussion on non-fungibletokens (“NFTs”) and intellectual property (“IP”), which featured three speakers— Richard Lehv , Alexandra Giannopoulou , and Andres Guadamuz —who discussed different aspects of NFTs through their individual presentations.
The Singapore High Court ruled on 21 October 2022 that non-fungibletokens (NFTs) can now be considered property, Coindesk reports. Amin Hosseini is an IPilogue Writer and an LLM Candidate at Osgoode Hall Law School.
With the rise of significant non-fungibletoken (“NFT”) trademark disputes taking place in the United States, Canada is looking towards the outcomes of those cases in order to interpret Canadian trademark law in relation to NFTs. Areeb Daimee is a 2L JD candidate at the University of Western Ontario Faculty of Law.
On November 16, 2021, Miramax filed a lawsuit against Quentin Tarantino for his planned auction of non-fungibletokens (NFTs) based on his original hand-written script of the film Pulp Fiction. This article was originally posted on E-TIPS For Deeth Williams Wall LLP on December 8, 2021.
and requiring someone to repeat their answer after you zoned out, here is the definition: Non-fungibletoken (“ NFT ”): a digital asset that represents real-world objects like art, music, in-game items, and videos. For those of you like me who have survived this long asking the question “what is an NFT?”
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).
On April 20, 2022, China released a first-of-its-kind judgment on a dispute over the alleged infringement of a non-fungibletoken (“NFT”) published on a trading platform. Tianchu Gao is an IPilogue Writer and a 2L JD Candidate at Osgoode Hall Law School.
You have probably heard of Bored Ape Yacht Club, a collection of non-fungibletokens (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,”.
Non-fungibletokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded. HitPiece.com was generating controversy prior to the demand letter, with several users calling it a scam NFT site. As NFTs have gained popularity, scam sites are becoming more common.
Another layer of complexity arises from the unique characteristics of non-fungibletokens (NFTs), which have become the metaverses digital asset backbone. This question often leads to disputes, as the metaverses decentralized structure lacks clear regulatory oversight.
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
innovations such as non-fungibletokens, cryptocurrencies, blockchains, etc.; According to the global head of Christie’s Venture, Devang Thakkar, Christie’s is looking to technologies to solve the problems that have long bedeviled the art trade, such as authenticity disputes and safe digital asset transactions.
To ensure you don’t miss out on interesting IP law developments reported on our other IP blogs, we will, on a regular basis, provide you with an overview of the most-read posts from each of our IP law blogs. Top 3 Kluwer Copyright Blog posts. Top 3 Kluwer Copyright Blog posts. ” Top 3 Kluwer Trademark Blog posts.
NFTs (non-fungibletokens) have become a buzzword in recent years. NFTs have been talked about in considerable detail elsewhere on the blog (see e.g., here and here ), so I shall not be discussing this concept in further detail. Creative Commons’ position on NFTs.
NFT Marketplaces and the DMCA Safe Harbors Sarah Law | February 9, 2022 Introduction: With the creation of bitcoin and the expansion of digital art on the internet, non-fungibletokens (NFTs) have quickly risen to the center of attention for many people.
Nike alleges that StockX is selling unauthorized non-fungibletokens (“NFTs”) of Nike sneakers. On February 3 rd 2022 Nike Inc. sued StockX LLC for trademark infringement, false designation of origin, trademark dilution, and related causes. These issues are novel in their involving the metaverse.
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].
Non-fungibletokens, or NFTs, have come to hold a fundamental place in the digital universe and, specifically, in the so-called Web3. Although at present NFTs are scarcely used beyond mere collectibles, the growing interest in the metaverse is making non-fungibletokens extremely useful assets in our virtual lives.
Non-FungibleTokens: What are the Legal Risks? Explaining” Section 230 to Canadians – Hugh Stephens Blog [link] 2021-10-04. New UK ISP Piracy Blocks Target Sci-Hub, Streaming & Torrent Site Proxies [link] 2021-10-03. link] 2021-10-04. Thank You Professor! Online agreement enforced in, AMBROSIUS v.
The panel garnered traction preceding the event, with participants eagerly sending in questions on topics ranging from cryptocurrency concerns to the future of non-fungibletokens (“NFTs”). Despite the fast-approaching exam season, the virtual event had an excellent turn-out of students and legal community members.
Now make it digital, cover it in fur and sell it as a non-fungibletoken (NFT) called “MetaBirkin” for at least 3.8 Nancy Chen is an IPilogue Writer and a 2L JD/MBA Candidate at the University of Toronto. Imagine a Birkin bag – an iconic, timeless piece that arguably embodies luxury. Ethereum (about $6900 Canadian).
NFT Marketplaces and Secondary Copyright Liability Sarah Law | April 6, 2022 Introduction Along with the growing fascination with Non-FungibleTokens (NFTs) is a growing concern over legal liability for all activities involved.
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). A Non-FungibleToken or NFT is a programmable digital unit of value which is recorded on a digital ledger. Introduction. What is NFT?
This blog post embarks on a comprehensive journey to unravel the complex issue of copyright ownership in AI-generated art. Some of his works have been sold as NFTs (Non-FungibleTokens). Mario Klingemann’s AI Artworks : Mario Klingemann, a well-known AI artist, has produced various AI-generated artworks.
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.
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 last couple of years has seen the emergence of Non-FungibleTokens (NFTs) as an important medium for the creation, sale and collection of art, with numerous instances of big money purchases of NFTs. Image by Riki32 via Pixabay. The Right to Create and Sell NFTs.
The auction of NFT ( non-fungibletokens ), which we addressed in this post , comprising wearable works of digital art, has revolutionized the trademark industry. apareció primero en Intellectual and Industrial Property Blog - Garrigues. Isabel Pascual de Quinto Santos-Suárez.
NFTs (Non-fungibletokens), which act as a certificate of ownership for whatever the creator puts up for sale, allow artists to set their preferred terms of contract while making sales. In this post , we informed our readers that The IP Press Law Review is inviting submissions for its inaugural issue.
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.
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