This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.
The copyrights Act includes computer programmes and electronic communication, however this has been viewed as a grey area. Following the 2012 revision to the copyrights Act, it was made clear that Internet activities were also covered by the copyrightlaw.
The dispute began last year when Tarantino announced that he would sell several non-fungibletokens (NFTs) based on the film Pulp Fiction. 2: Possible Copyright Changes Could Mean More Money for Inuit Artists.
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?
Can something called a “Bored Ape” be embodied in a non-fungibletoken (NFT) and be associated with smart contracts? How could this present unique and challenging issues regarding copyrightlaw?
Nonfungibletokens (NFTs) , the latest vehicle for capturing, linking to and licensing intellectual property. The tokenization of digital files so that a single owner of that file can be recorded on the blockchain and identified is an important breakthrough in IP protection. . Does “Fair Use” Apply to NFTs?
The popularity of non-fungibletokens, NFTs for short, has reached new highs over the past year. “Miramax’s copyright claim fails because it misapprehends fundamental principles of copyrightlaw and ignores the clear language of the agreements and assignments,” Tarantino’s lawyers write.
Whether you are looking to make your own nonfungibletoken to sell or you’re looking to buy an NFT as an investment, you need to be aware of copyright and trademark laws that might apply to your NFT. Are NFTs (NonFungibleTokens) Considered Intellectual Property?
However, those familiar with copyrightlaw, immediately began to point out flaws in the plan. NFTs (Non-FungibleTokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works.
Another layer of complexity arises from the unique characteristics of non-fungibletokens (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. Finally, fostering user awareness is key.
A non-fungibletoken (NFT) is a unique piece of data that is stored on a blockchain. What is an NFT? More specifically, NFTs are digital files such as photographs, videos, or audio files that can be bought and sold with cryptocurrency.
The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-FungibleTokens and Intellectual Property on March 12, 2024 (“Report”). NFTs may offer opportunities for U.S. resale royalties).
Moreover, the Court ordered to serve the anonymous hacker of the TRO via an on-chain Non-FungibleToken (NFT) or Service Token. 06/16/22 – CopyrightLaw. This unprecedented approach provides an example of how innovation can provide legitimacy in legal proceedings.
The Rise of Non-FungibleTokens (NFTs) and the Role of CopyrightLaw – Part II by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó. From relative obscurity only a few months back, public awareness of non-fungibletokens (NFTs) has risen dramatically.
Today, we’re going to talk about non-fungibletokens (NFTs). The image of the Crypto Punk linked to the NFT placed on to the blockchain is copyright protected. The art inside the gallery is protected by COpyrightlaw. The digital asset that goes along with the NFT sale is potentially copyrightable.
Image by Tumisu via Pixabay Non-fungibletokens (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. In Part II we will discuss other copyrightlaw implications of NFTs.
As Kat readers may recall, in the Cofemel decision, the Court of Justice declined to impose any requirements, beyond being qualified as a “work”, for the existence of copyright protection. Other Non-fungibletokens (NTFs) are more and more discussed in connection with their IP implications.
To delve deeper into the question of ownership, we need to grasp the traditional concept of copyright. Copyrightlaws are designed to safeguard the rights of creators. Historically, these rights have been attributed to human creators, forming the cornerstone of copyrightlaw.
A recent example of how the metaverse will include digital fashion is the conflict between Hermès and MetaBirkins over allegedly trademark-infringing non-fungibletokens ("NFTs") that were marketed as MetaBirkins without Hermès' permission.
Today, we will be talking about NFT non-fungibletoken licensing. There was a recent story that is an instructive lesson in copyrightlaw that has application to the NFT market. The article titled “Cryptobros spent $3 million on Dune book, believing it gave them copyright. The digital asset.
Other Katfriend Sandra Torillas Rodríguez prepared a guest post on the non-fungibletokens’ (NFTs) implications for IP. After providing readers with some background on NFT, Sandra discusses how copyrightlaw can be applied to an NFT artwork, using Banksy’s art as a case study.
Tencent ordered to pay compensation for copyright infringement [link] 2021-06-08. Non-fungibletokens (NFTs) and copyrightlaw [link] … The post Computer and Internet Weekly Updates for 2021-06-12 appeared first on Barry Sookman. The Beginning of the End of Online Piracy in Canada? link] 2021-06-08.
Non-fungibletokens (“NFTs”) continue to be popular. Copyright: NFTs are closely related to artworks that are the subject to copyright and related rights protection. Introduction. NFT creation, investment, sale, and ownership interest exists in Indonesia and elsewhere in the world.
Part VII of the book signposts resources that are publicly available here (a number of podcasts on IP law and beyond), CopyrightUser (making UK copyrightlaw more accessible to non-legal professionals – but even they will find it helpful to explain the law to their clients) and the UK IPO support tools.
Non-FungibleTokens: What are the Legal Risks? Computer and Internet Weekly Updates for 2021-10-02 [link] 2021-10-03. New UK ISP Piracy Blocks Target Sci-Hub, Streaming & Torrent Site Proxies [link] 2021-10-03. link] 2021-10-04. Why Marvel Is Right to Sue the Estates of Its Most Important Creators [link] 2021-10-04.
Non-fungibletokens (NFTs) and intellectual property rights [link] 2021-06-28. Computer and Internet Weekly Updates for 2021-06-26 [link] 2021-06-27. Canada Shouldn’t Turn Away from the Difficult Task of Regulating Online Speech – Centre for International Governanc… [link] 2021-06-29.
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). In this article we understand the relationship between NFTs and copyright. Introduction. This technological breakthrough has taken the art and tech world by storm.
Breaking down Miramax’s copyright infringement lawsuit against Quentin Tarantino, a dispute about NFTs that isn’t really about NFTs. ” One potential way (though not the only way) to do this is by looking to the Copyright Act for guidance. This is, after all, supposed to be a copyright case.
My name is Enrico Schaefer , and I am a Tech Law and BlockChain Attorney. Today we are going to talk about NFTs or non-fungibletokens. If you’re selling a digital rendition of a piece of artwork, you will mint an NFT, which will then attach to that particular piece of digital art.
Top 3 Kluwer Copyright Blog posts. 1) The Rise of Non-FungibleTokens (NFTs) and the Role of CopyrightLaw – Part II by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó. In this Part II we discuss copyrightlaw aspects of NFTs, with a focus on the EU copyright acquis.”
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.”.
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. NFT stands for Non-FungibleTokens. as non-fungibletokens and fans have bought the same for millions of dollars.
The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-FungibleTokens and Intellectual Property on March 12, 2024 (“Report”). NFTs may offer opportunities for U.S. resale royalties).
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. This is highlighted in the case of Hermès International v. NFTs also may embody or use trademarks.
Google | Google's Inclusive Copyright Thesis Award (DL: January 31, 2023 ) For the third year in a row, Google is holding its " Inclusive Copyright Thesis Award ". This contest grants a prize of USD 5,000 for the best master thesis written in the area of copyrightlaw, and submitted (in English) in 2022.
Non-FungibleTokens or NFTs is the latest trend that has taken the world of art and technology by storm. Since NFTs are mostly restricted to artwork or other forms of expression of creativity, especially digital art, at this point in time the major discussion is the impact NFTs have on copyrightlaw. Introduction.
NFTs, or “non-fungibletokens,” are blockchain authentication certificates that apply to online physical goods like as pictures, music, movies, and graphics (as well as other digital content). Conclusion.
The rise of digital assets and Non-FungibleTokens (NFTs) adds new dimensions to the field of IP valuation. copyrightlaws, though applied to IP historically, are being extended to digital IP by clarifying rights over digital copies versus IP rights, especially when NFTs are involved. Additionally, U.S.
More recently in 2020, Sankalp Jain discussed the copyright challenges in “Dreams,” a video game enabling user-generated content, arguing for the Indian copyrightlaw’s limitations in addressing the the issues around the fan-made creations within the game.
NFT stands for Non-FungibleToken and an NFT is a unique digital asset. The non-fungible nature of the asset means that it is non-interchangeable and the metadata attributed to each NFT is distinctive such that it may be used to verify the inimitability of a given asset. What are NFTs?
On September 23, the art site PokerPaint announced on their Twitter (Tweet now deleted) that they were releasing a series of Non-FungibleTokens (NFTs) on OpenSea. In that apology, Butz admitted he was “clearly ignorant about copyrightlaws and got defensive when it was brought to my attention.”
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. What Can Artists Do When Someone Else Mints their Work into an NFT?
The emergence of blockchain-supported Non-FungibleTokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. As NFTs per se are currently unregulated by statutes in the US, common law protection through trademarks may become all the more important. Copyright Ownership.
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. As we have just seen, one set of legal uncertainties arises from questions of copyrightlaw.
We organize all of the trending information in your field so you don't have to. Join 9,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content