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The Legal Governance Of Non-Fungible Tokens- Analysing Which Field Of Law Should Govern Nfts

IP and Legal Filings

The question that arises with the development of such technology is regarding the legal governance of the same. Which field of law will govern such digital assets and the NFT technology? In this paper, it is argued that Private-property law must be the field of law governing transactions involving Non-Fungible Tokens.

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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market. The fact that it cannot be duplicated by another token due to its unique ID is a noteworthy feature. NFTs are governed by smart contracts, which divide ownership and limit transferability.

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3 Count: Pulp Friction

Plagiarism Today

The dispute began last year when Tarantino announced that he would sell several non-fungible tokens (NFTs) based on the film Pulp Fiction. Next up today, CBC News reports that, In Canada, the government is taking steps to introduce resale rights for artists in the country’s copyright law.

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USPTO, Copyright Office Joint Study on NFTs Could Help Dispel Confusion About IP Ownership in Media Content Underlying Digital Assets

IP Watchdog

Copyright Office published a joint notice of inquiry in the Federal Register announcing that the two agencies would be collaborating on a study regarding intellectual property legal issues related to digital assets known as non-fungible tokens (NFTs).

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UKIPO Issues New Trademark Guidance on NFTs, the Metaverse and Virtual Goods

IP Watchdog

On April 3, 2023, the UK Intellectual Property Office (UKIPO) issued much needed guidance on how digital goods and services – namely non-fungible tokens (NFTs), virtual goods, and services provided in the metaverse – should be classified for trademark purposes.

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Non-Fungible Tokens in India- Implications Buyers Must Consider

IP and Legal Filings

Concerns have been expressed regarding the legal status and the authenticity of such tokens, especially in India. To stipulate, NFTs could also be categorized as “intangible assets” and governed under the software and property laws a part of the FEMA regulations. Image source:Gettyimage]. What’s Next?

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Roots of Confusion Over “v1” CryptoPunks NFTs Raise Key Copyright and Practical Considerations for NFT Minters, Acquirers and Platform Operators

JD Supra Law

Minters of collectible non-fungible tokens (NFTs) have taken a wide range of approaches.