Traverse Legal Blog

APRIL 17, 2021

With that in mind, we now have something called non-fungible tokens or NFTs. Top marketing places include: OpenSea – Built on ERC-721 and ERC-1551 non-fungible token standards – the largest marketplace for creator-owned digital goods – easy onboarding experience for new users – create your own storefront.

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Due Diligence Licensing Non-Fungible Tokens Copyright 113

The IPKat

SEPTEMBER 5, 2022

In the case of NFTs, the use of a CC license makes a lot of sense because the value of an NFT is not uniquely centered on the related artwork, which is any case relevant, but on the artist's bio, the blockchain on which is minted and, ultimately, the token (the non-fungible token, in fact, as different from the artwork linked to it).

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Licensing Non-Fungible Tokens Artwork Contracts 95

Intepat

DECEMBER 5, 2024

Copyright governs the rights of creators over their digital works, ensuring they are protected from unauthorized use. Another layer of complexity arises from the unique characteristics of non-fungible tokens (NFTs), which have become the metaverses digital asset backbone.

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Copyright Non-Fungible Tokens Ownership Intellectual Property 52

Kluwer Copyright Blog

JUNE 19, 2023

Image by Tumisu via Pixabay Non-fungible tokens (NFTs) are altering society’s notion of digital ‘ownership’ and redefining the common perspective on distribution of original works to consumers by introducing scarcity to the digital realm. Valid Transfer of Rights?

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Non-Fungible Tokens IP Ownership Contracts 98

Olartemoure Blog

MAY 13, 2022

The Colombian government has notified the World Intellectual Property Organization ( WIPO ) a declaration modifying the amounts of individual fee to be paid regarding Colombia according to Article 8.7 12/05/22 – Trademarks. of the Madrid Protocol. 12/05/22 – International Trade. 12/05/22 – International Trade.

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Non-Fungible Tokens Intellectual Property Moral Rights Contracts 52

Kluwer Copyright Blog

JANUARY 26, 2022

Besides, creators can benefit from smart contracts and determine that a certain percentage of the sales price goes to the original creator each time the work is resold. Blockchain-powered timestamps coupled with smart contracts could help address complex copyright and other IP-related problems (patents, trademarks, etc.)

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Ownership IP Non-Fungible Tokens Technology 122

SpicyIP

JULY 19, 2021

She notes that the most controversial provision in the new Bill is the re-introduction of revisionary powers of the Central Government to direct the CBFC Chairman to reexamine an already certified film. She also highlights another surprising change i.e., the inclusion of the requirement of written authorization from the author of a film.

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LexBlog IP

FEBRUARY 21, 2022

billion in sales in 2021 alone, the non-fungible token (“NFT”) has recently undergone a dramatic rise in prominence in the cryptoverse, similar to the “crypto summer” of 2017-18 or the “DeFi summer” of 2020. By: Joshua Durham. With an astounding $17.7 What is the (Legal) Bottom Line?

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LexBlog IP

NOVEMBER 23, 2022

Tokenization can be a valuable tool for automating business processes and facilitating investment in fractional portions of an asset. However, the success of any tokenization project depends on the laws applicable to the asset being tokenized and the terms and conditions governing the project. Background.

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Intellectual Property Ownership Non-Fungible Tokens Art 40

LexBlog IP

SEPTEMBER 15, 2022

Nor is it clear whether—or how—NFTs might trigger liability under the 76-year-old federal Lanham Act , which governs trademark infringement and unfair competition. They are sold and/or traded in connection with “smart contracts” that govern the terms of transfer.

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IP Non-Fungible Tokens Artwork Intellectual Property 52

Herbert Smith Freehills

JULY 6, 2022

One recent case gives some indication on how the English courts are responding in a dispute about trading blockchain-based non-fungible tokens (NFTs) between a trading platform and its user ( Soleymani v Nifty Gateway LLC [2022] EWHC 773 (Comm) ). 100 winners of one NFT auction . English court proceedings . Examples include: .

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LexBlog IP

APRIL 25, 2022

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-fungible tokens (“NFTs”). The fact that NFTs and their smart contracts are blockchain-based allows them to be publicly verifiable, trackable and auditable. [31]

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IP and Legal Filings

AUGUST 13, 2022

This paper attempts to analyse the present laws governing the trading of NFTs over the public ledger and the loopholes in those regulations that could have significant legal implications. Furthermore, it attempts to provide possible solutions to improve the governance of NFTs. NFT stands for Non-Fungible Tokens.

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Non-Fungible Tokens Intellectual Property Government Art 52

IIPRD

JANUARY 18, 2022

Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungible tokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. What are NFTs?

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IP and Legal Filings

NOVEMBER 18, 2021

Non-Fungible Tokens or NFTs is the latest trend that has taken the world of art and technology by storm. Copyright law in India is governed by the Copyright Act, 1957. This is not the case, unless there is an express transfer of copyright by the creator or seller to the buyer through the contract at the time of sale.

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IP Non-Fungible Tokens Ownership Artwork 52

Intepat

OCTOBER 28, 2024

Among these virtual assets are NFTs (Non-Fungible Tokens), which can be described as real-world items transformed into digital tokens that can be traded in virtual marketplaces. NFTs are unique digital tokens that represent ownership of specific digital assets. Smart Contracts: Are they enough?

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