IP Watchdog

MAY 18, 2022

In January 2022, StockX announced its plans to launch The Vault, which uses non-fungible tokens (NFTs) to allow buyers to track ownership of physical products resold on its e-market and warrant their authenticity, including Nike shoes.

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Intellectual Property Law Blog

MARCH 13, 2024

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”). While the Report is comprehensive, it does not recommend any new action to address IP issues with NFTs.

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IP and Legal Filings

SEPTEMBER 30, 2022

NFTs are an attempt to enforce decentralization, ownership tracking, and value storage, while also making the lawful owner’s claim to the original work visible in the event of duplication. It aims to act as valid proof of ownership and grants the creator “digital bragging rights” through traceable proof of ownership.

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IP Law 360

MARCH 20, 2023

A New York federal judge dismissed a Canadian entity's lawsuit claiming to own Quantum, a digital artwork certified by a non-fungible token that Sotheby's sold for $1.47 million, saying on Friday it appeared the litigation is an "attempt to exploit open questions of ownership in the still-developing NFT field."

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IPilogue

JUNE 13, 2022

Nikita Munjal is an IP Innovation Clinic Fellow and a third-year JD/MBA Candidate at Osgoode Hall Law School. Pina D’Agostino’s Directed Reading: IP Innovation Program course. Still, the straightforward process for creating non-fungible tokens (NFT) has accelerated the theft of digital art. What Can Be Done?

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Non-Fungible Tokens Art Due Diligence Social Media 124

The IPKat

JANUARY 20, 2025

Specifically, the decision tackles the: 1) protection of a non-conventional trade mark such as an (unregistered) colour combination mark; 2) protection of a specific font as either a copyright work or as an unregistered design; 3) cumulation of multiple IP rights on a single product.

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Traverse Legal Blog

OCTOBER 20, 2022

Non fungible tokens (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?

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Intepat

DECEMBER 5, 2024

Issues of ownership, counterfeit goods, and infringements are rising concerns, threatening the sustainability of creativity in the metaverse. Copyright and Ownership in the Metaverse In the metaverse, copyright applies to digital creations such as virtual art, music, designs, and even entire virtual worlds.

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The IPKat

JANUARY 13, 2022

Julia Hugendubel, describes recent developments concerning tokenization of IP rights to manage IP. Interest in blockchain technology, tokens, and IP, continues apace. Tokenization of IP In a nutshell, "tokenization" means using a smart contract (i.e., a MIT license ).

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Intellectual Property Non-Fungible Tokens IP Contracts 97

Kashishipr

APRIL 13, 2022

With the Metaverse and Non-Fungible Tokens (NFTs) being the common buzzwords as of late, the USPTO (US Patent & Trademark Office) has been experiencing a significant rise in the number of Trademark Applications filed in the virtual sphere to safeguard the products and services. IP Challenges in the Metaverse.

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Intellectual Property IP Non-Fungible Tokens Brands 116

Kluwer Copyright Blog

JANUARY 26, 2022

“Web3 cannot and should not be reduced to blockchain when the real shift is towards user ownership of digital assets… This definitional shift focuses attention on what assets can be legally owned and the meaning of ownership “rights,” more generally, in the emerging digital spaces of web3.”. . user ownership of digital assets)?

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Ownership IP Non-Fungible Tokens Technology 122

Kluwer Copyright Blog

JUNE 19, 2023

Image by Tumisu via Pixabay Non-fungible tokens (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.

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Non-Fungible Tokens IP Ownership Contracts 98

The IPKat

JUNE 13, 2022

There has obviously been a considerable amount of excitement around non-fungible tokens (NFTs) over the last few years and some interesting developments in the last few months. Digital assets can be protected by IP and have always been capable of being licensed or assigned via a contract, or protected as a trade mark.

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The IPKat

JANUARY 2, 2022

We say goodbye to 2021 with the most interesting posts and articles from the surrounding IP blogs of the past week! Another part of the round-up analyses EU copyright policy and mentions publications, meetings, resolutions, policy reports, statements and agreements of EU bodies and agencies and national IP offices.

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Blogging IP Non-Fungible Tokens Cease and Desist 127

IP Law 360

FEBRUARY 2, 2022

A Canadian entity claiming to own Quantum, a non-fungible token believed to be the first of its kind, alleged in New York federal court that Sotheby's wrongly marketed the NFT's ownership in an auction where the artist sold the work for $1.47

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IPilogue

MARCH 16, 2022

Non-fungible tokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded. In addition, music NFT marketplaces, such as Royal , enable musical works to be tokenized and monetized, giving fans unique ownership over music.

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Music Non-Fungible Tokens Social Media IP 130

IP Whiteboard

JUNE 7, 2021

And what role does intellectual property ( IP ) play in their creation and sale? NFT stands for non-fungible token. Non-fungible basically means unique. By way of comparison, a $10 note is an example of a fungible asset, because it can be replaced with another $10 note, or two $5 notes.

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Non-Fungible Tokens IP Cease and Desist Ownership 40

IP Tech Blog

JANUARY 4, 2023

The emergence of blockchain-supported Non-Fungible Tokens (NFTs) has captured the interest of the entertainment and business worlds in the past couple of years. Securing the right IP protection for an NFT will be key to its successful commercialization and exploitation by the creator and its owner. IP Rights and NFTs.

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IP Ownership Non-Fungible Tokens Copyright Law 109

IP and Legal Filings

SEPTEMBER 8, 2021

Apart from this, Non-Fungible Tokens, the brainchild of Kevin McCoy and Anil Dash, is a unit of data stored in a digital ledger that certifies that the digital asset is unique and is hence non-interchangeable. Trademarking of cryptocurrencies is yet another aspect that links IP to the crypto market.

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Intellectual Property Non-Fungible Tokens Copyfraud Contracts 94

CoCal IP Law Institute

MAY 9, 2022

Non-fungible tokens ("NFTs") - what are they, anyhow? On Monday, May 16, 2022, SoCal IP Law Group LLP partner Marina L. Technically, they are a digital asset. Again, what does that mean?

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Non-Fungible Tokens Litigation Trademark IP 40

LexBlog IP

APRIL 1, 2022

As many know by now, non-fungible tokens (“NFTs”) are unique units of data stored on a blockchain that have become an increasingly popular way to buy and sell artwork (as well as all kinds of other things). Code § 77b(a)(1). [7]. See 15 U.S. Code § 77b(a)(1). [8]. 8]. See, e.g. , Uselton v. Lovelace Motor Freight, Inc. ,

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The IPKat

JULY 11, 2021

SpicyIP featured a post on the copyright ownership in State Board Textbooks. Other Non-fungible tokens (NTFs) are more and more discussed in connection with their IP implications. The IP Finance blog suggests that NFTs might be used by young promising athletes to finance their prospective careers.

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Blogging Non-Fungible Tokens IP Ownership 69

Traverse Legal Blog

OCTOBER 20, 2022

Whether you are looking to make your own non fungible token 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 (Non Fungible Tokens) Considered Intellectual Property? What is a Non Fungible Token?

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Non-Fungible Tokens Copyright Law Trademark Copyright 49

The IPKat

JUNE 27, 2022

The IPKat is pleased to host the guest contribution below by Katfriend Paolo Maria Gangi (Studio Gangi) on a very recent development concerning NFTs and IP. NFTs – still subject to “old” IP law An NFT is a non-fungible (i.e. In other words, the “old” IP rights (copyright, trade marks, etc.)

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Non-Fungible Tokens Contracts Copying Art 135

Traverse Legal Blog

MARCH 8, 2022

Today, we’re going to talk about non-fungible tokens (NFTs). BASIC project’s listing agreement is internally inconsistent on the issue of ownership. IF your employees are helping create the artwork, have them se=ign an IP ownership contract for the artwork concept and all aspects of your NFT project.

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IPilogue

JUNE 21, 2022

Nike alleges that StockX is selling unauthorized non-fungible tokens (“NFTs”) of Nike sneakers. NFTs are unique digital assets that are digital representations of ownership of real-world items. These issues are novel in their involving the metaverse. The Nike Suit.

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The IPKat

SEPTEMBER 5, 2022

The NFT art market, that is NFTs which specifically link an artwork or a digital file (a song, for example), have already gone mainstream and, of course, artists and projects owners have asked lawyers to prepare IP licenses to protect their IP. Let alone was it clear how to protect the IP rights in the artwork linked to it.

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The IPKat

SEPTEMBER 2, 2023

It is expected that such a transition will be made possible by the rise of augmented reality, blockchain, cryptocurrencies, artificial intelligence, and non-fungible tokens for digital assets. Where you can find the study The study is available on the WIPO website ( Building Respect for IP Division ) here. From Web 2.0

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Non-Fungible Tokens IP Law Designs 141

The IPKat

FEBRUARY 16, 2024

This review is kindly provided by Thorsten Lauterbach, Teaching Excellence Fellow at the Robert Gordon University in Aberdeen, passionate about IP Law since he studied it as an undergraduate in the mid-1990s at Abertay Dundee. He demonstrates that all IP teachers may achieve this by using aspects of their personal interests.

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Intellectual Property Law Intellectual Property Law Non-Fungible Tokens 115

Traverse Legal Blog

AUGUST 15, 2022

An NFT or “non-fungible token” is a digital asset that links ownership to unique digital items. Non-fungible tokens have been designed to give you ownership of something that cannot be replicated or copied. An NFT shows proof of ownership for a digital object. What are NFTs?

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Non-Fungible Tokens Ownership Intellectual Property Artwork 52

The IPKat

APRIL 19, 2023

The IPKat is pleased to host the following guest post by Katfriend Paolo Maria Gangi (Studio Gangi) on a recent case addressing the legal nature of non-fungible tokens (NFTs). Ownership of every name periodically expires and, at that point, anyone may freely claim it on Namecoin by re-registering the expired name.

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Intepat

SEPTEMBER 15, 2023

This burgeoning genre is not only pushing the boundaries of artistic expression but also challenging the established norms of copyright ownership. This blog post embarks on a comprehensive journey to unravel the complex issue of copyright ownership in AI-generated art. Copyright laws are designed to safeguard the rights of creators.

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Olartemoure Blog

SEPTEMBER 27, 2022

The online clothing, the virtual versions of the items, are in the form of what is known as NFTs (non-fungible tokens). For example, Amazon Brand Registry , is a protocol to verify the trademark registration and ownership before they can sell their products on their platform.

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Branding Branding Brands Non-Fungible Tokens 98

IP Close Up

SEPTEMBER 8, 2021

What could be an important blockchain patent covering fractional trading of shares of multiple asset classes has been offered for sale at auction as an Continue reading.

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Ownership Patent Non-Fungible Tokens Technology 95

LexBlog IP

NOVEMBER 23, 2022

Unlike certificates, for example, tokens can be transferred between users globally without any intermediary involvement, which can reduce transaction time and costs. Blockchain-based transfers also make it easier to track ownership and automate the transfer of assets, leading to more liquidity, transparency, and accessibility.

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Intellectual Property Ownership Non-Fungible Tokens Art 40

SpicyIP

JULY 13, 2021

As a practice, artists enter into contracts with publishers which grant them ownership of the work to commercially exploit it and collect the royalties it earns. Another interesting business model making its way into the music industry has pretty much been the talk of the town for a few months now – NFTs (Non-fungible tokens).

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LexBlog IP

MARCH 13, 2024

The United States Patent and Trademark Office (“USPTO”) and the United States Copyright Office (“USCO”) delivered a report to Congress entitled Non-Fungible Tokens and Intellectual Property on March 12, 2024 (“Report”).

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