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The emergence of blockchain-supported Non-FungibleTokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. Can other IP rights like trademarks play a role in protecting NFTs? Use in commerce and distinctiveness are two basic requirements to obtain trademark protection.
Whether you can file a trademark for an NFT depends on whether the NFT is part of a larger collection or series. If the collection sells specific goods and/or services, it may receive trademark protection. Can NFTs Receive Trademark/IP Protection? In fact, to date Yuga Labs LLC has filed at least 38 trademarks at the USPTO.
The emergence of blockchain-supported Non-FungibleTokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. Can other IP rights like trademarks play a role in protecting NFTs? Use in commerce and distinctiveness are two basic requirements to obtain trademark protection.
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