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Non-fungibletokens ("NFTs") - what are they, anyhow? Technically, they are a digital asset. Again, what does that mean? On Monday, May 16, 2022, SoCal IP Law Group LLP partner Marina L.
Consider the recent WIPO webinar , "Blockchain Whitepaper for IP Ecosystems", at which the view was expressed that the future of IP management rights could include a solution that utilizes tokens, and, in particular, non-fungibletokens. A token could be already issued when you apply for an industrial IP (e.g.,
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. It has been debated whether NFTs/DC could be protected in China by designpatents.
Hermes recently sued a digital artist for knocking off its Birkin handbag through the issuance of MetaBirkin non-fungibletokens (“NFT”). Second, be on the lookout for competitors and opportunists knocking off your designpatents, goods, and services, or causing consumer confusion.
But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-FungibleTokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high as $2.47bn only 6 months into 2021. IP Implications under NFTs.
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. It has been debated whether NFTs/DC could be protected in China by designpatents.
It identifies the product of that company and recognizes its own and gives some rights to ownership that can be enforced. A trademark means the identifiable phrase, symbol, and the word that stands for the specific product that has capacity to legally distinguish itself from other products present in the marketplace of like appearance.
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