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[Guest post] What is an NFT? A comment to the EUIPO Guidance on NFTs

The IPKat

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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Trademarks and the Metaverse: Imaginary Rights or Real Wrongs?

SpicyIP

Class 9: Virtual two wheelers; virtual motorcycles; virtual scooters; virtual three wheelers; virtual electric vehicles; virtual gaming studio, virtual gaming parlour, downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens. Feb 22, 2022. Dec 21, 2021. Dec 21, 2021. Dec 15, 2021.

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Breaking: Italian court grants first injunction against NFTs infringing trademark rights

LexBlog IP

The cards displayed prominently a number of trademarks owned by Juventus, including the iconic black and white stripes pattern and the contracted version of the club’s name “Juve”, typically used by fans. Key legal takeaways. The judgement by the Court of Rome is notable in a number of respects. The enforcement dilemma.

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[Guest post] 'Can't Be Evil' NFT license - A tentative NFT worldwide license standard

The IPKat

The NFT art market, that is NFTs which specifically link an artwork or a digital file (a song, for example), have already gone mainstream and, of course, artists and projects owners have asked lawyers to prepare IP licenses to protect their IP. All this has been complicated by the fact that NFTs are both a new and complex concept.

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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. The non-fungible part means that it is something that has unique value based on the buyer’s sentiment and/or market dynamics.

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Non-Fungible Tokens in India- Implications Buyers Must Consider

IP and Legal Filings

NFTs are an attempt to enforce decentralization, ownership tracking, and value storage, while also making the lawful owner’s claim to the original work visible in the event of duplication. Concerns have been expressed regarding the legal status and the authenticity of such tokens, especially in India. Image source:Gettyimage].

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Anatomy of an NFT Fail: Trademark License Expires on F1 Delta Time.

Traverse Legal Blog

While NFTs – aka token contracts- last forever on the blockchain ledger, the linked digital asset could be taken from you or have its value/utility diminished or extinguished. Securities law, contract law, consumer protection laws, and causes of action for fraud and misrepresentation are all possible legal claims.