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[Guest post] BAYC sues Ryder Ripps over unauthorized minting of NFTs

The IPKat

These digital files are freely downloadable by everyone (there is no DRM protection in NFTs). Consequently, the definition of NFTs as “certificate of authenticity” or “certificate of ownership” is not accurate. A digital file (an artwork, a song, etc.), Ripps’s collection has sold out in 15 days, producing a revenue of 1,023.03

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Protection of Nonfungible Tokens in Nepal

IP and Legal Filings

NFTs, which stand for “ Non-Fungible Tokens ,” must first be understood in order to comprehend what “fungible” means. A commodity is said to be fungible in economics if it can be exchanged for another unit of the same commodity without losing any value. Conclusion.

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NFT Copyright License Rights: Due Diligence is Critical.

Traverse Legal Blog

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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How can Fashion Brands feel more protected in the Metaverse?

Olartemoure Blog

The online clothing, the virtual versions of the items, are in the form of what is known as NFTs (non-fungible tokens). As a result, the brands are becoming more vulnerable of being copied and exploited by others. These NFTs can be replicated and created without much difficulty or expertise.

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Principal Cynthia Walden and Associate Sarah Kelleher Author World Intellectual Property Review Article “Selling the Intangible in Fashion: What Does It Mean for Trademark Protection?”

Fish & Richardson Trademark & Copyright Thoughts

Principal Cynthia Walden and Associate Sarah Kelleher discuss the non-fungible token (NFT) trend across the fashion industry and what this digital arena means for trademark protection and enforcement. PDF copy available. Read the full article on World Intellectual Property Review. The NFTs act to authenticate these items.

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NFTs and Copyright: Some Burning Issues

Kluwer Copyright Blog

The last couple of years has seen the emergence of Non-Fungible Tokens (NFTs) as an important medium for the creation, sale and collection of art, with numerous instances of big money purchases of NFTs. The reproduction right includes the right to prevent the copying of the underlying work in any manner.

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