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The media industry as a whole encourages creativity and innovation, and copyright is crucial for digital media platforms. Media platforms, such as socialmedia, are utilised to carry out their professional, commercial, and private functions. They serve as a medium for new ideas, images, and sounds.
Carolyn Toto recently joined host Joel Simon on his Industry Insights podcast continue the discussion of non-fungibletokens, related IP ownership issues and more. Joel Simon: Our discussion today is part of a series on non-fungibletokens, known as NFTs. Carolyn, with the large sums of money.
Few issues in the world of intangible rights contain as many legal uncertainties as do non-fungibletokens. Non-FungibleTokens (NFTs), ranging from art and literature to fashion and cinema, remain among the hottest legal topics in the world of intangible rights, despite the lack of clear legal regulation.
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.
Non-fungibletokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded. These sites use strategies like the “rug pull” and phishing scams via socialmedia to drain cyptocurrency from fans’ wallets. As NFTs have gained popularity, scam sites are becoming more common.
Here are my top ten IP-related podcast picks (in alphabetical order): . “C C elebrities Sued f or Posting Images of Themselves ” by The Briefing by the IP Law Blog . The IP law blog, published by Weintraub Tobin and hosted by intellectual property attorneys Scott Hervey and Josh Escovedo, delves into IP issues in the news.
With the Metaverse and Non-FungibleTokens (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.
A SocialMedia Influencer is someone who creates unique material that keeps people interested on multiple socialmedia platforms, causing them to return for more high-quality information. One of the most significant methods to safeguard material on socialmedia is through copyright. Make intangible assets.
There has obviously been a considerable amount of excitement around non-fungibletokens (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.
While last year’s theme focused on IP for small businesses , the focus this year is on celebrating youth-led innovation and creativity. With the increased consumption of media and the ease of creating and publishing content on various socialmedia platforms, the time couldn’t be better for such a celebration.
While last year’s theme focused on IP for small businesses , the focus this year is on celebrating youth-led innovation and creativity. With the increased consumption of media and the ease of creating and publishing content on various socialmedia platforms, the time couldn’t be better for such a celebration.
This valuation allows IP to be recognized as an asset in corporate balance sheets, facilitates mergers and acquisitions, and informs licensing or transfer decisions. Traditionally, IP valuation has relied on methods like market-based, income-based, and cost-based approaches. Additionally, U.S.
It gets worse,… web3 domain name can be used as your NFT marketplace name on Opensea and your socialmedia handle across web2 and web3. Let’s generally talk and then take a deeper dive on the question of enforcement in episode 2 of this token squatter video series. IP Protection Playbook in The World of Web 3.
The last miscellany post of 2022 contains some announcements for the blog's contributors as well as some IP news and four professional opportunities - which you should definitely look out for in January! Your grounding in IP Law 2. Your experience of IP management 3. We wish all our IPKat readers the best for the coming year!
The case highlighted the legal ambiguity surrounding copyright ownership in novel situations, the complexity of animal rights, and the influence of photography and socialmedia on wildlife conservation. The case also highlighted the need for greater clarity in copyright law regarding AI-generated and non-human creations.
” Non-fungibletokens (NFTs) have also been investigated by other Indian companies for application in the metaverse. A misstep in the metaverse is likely to have instantaneous negative effects for the company, just like it does on socialmedia right now.
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. First, NFT’s have enormous significance in the IP world. This is highlighted in the case of Hermès International v.
In this article, we explore the process of registering trademarks containing holiday names, examine the trademark activity that surrounds Valentine’s Day, and point to why it is important to monitor and protect your IP online. Can you trademark a holiday name? The trademarks are FRANCES VALENTINE and FV.
It encompasses all intersecting IT industries and might affect anything from socialmedia use to surveillance, e-commerce, and technological innovation. NFTs, which stand for “ Non-FungibleTokens ,” must first be understood in order to comprehend what “fungible” means.
Quentin Tarantino, writer and director of the 1994 classic ‘Pulp Fiction’ is engaged in a fight with the film’s owner over whether he has the right to Continue reading.
We all have our gripes about socialmedia, but the biggest one for creators who rely upon the platforms to distribute their content is that they’re helping those companies more than they’re benefiting themselves. But creators are left with little recourse if they want access to the wider audience that socialmedia provides.
Abhijay Srekanth is an LLM candidate at the Queen Mary University of London specialising in IP, and a recent graduate of Jindal Global Law School. Non-fungibletokens (‘NFTs’) have occupied a significant space in current legal discourse, in no small part due to the numerous legal questions that have emerged in their wake.
In particular, non-fungibletokens (NFTs), crypto and metaverse have dominated our infospace. Last Wednesday, Fide (a legal-economic think-tank) held the latest in their series of Global Digital Encounters (GDE) – an online panel discussion focusing on the metaverse and IP with some of the leading experts in digital laws.
Some IP owners may be hesitant to take the jump, wondering how the metaverse is or will be relevant to their business; others are already investing in “goods” and services in the metaverse. Many IP owners have discovered unauthorized use of their brands in the metaverse. There is a virtual land grab happening now.
From Eminem to Snoop Dog , Tony Hawk to Lionel Messi , William Shatner to Brie Larson , music, sports, and Hollywood celebrities have eagerly jumped on the NFT (non-fungibletoken) bandwagon. So what’s the harm? To date, the only enforcement action the FTC has brought against an influencer was in the CSGO Lotto case.
Recently, a new trend of merging of blockchain technology with creative intellectual property via non-fungibletokens (“NFTs”) had taken place. The idea has spread across all market sectors, and now luxury fashion retailers have joined the tokenization bandwagon. Introduction. What are NFTs?
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. First, NFT’s have enormous significance in the IP world. This is highlighted in the case of Hermès International v.
Since the game title and NFTs were based on the use of F1, the game, the NFTs, the website, and the socialmedia channels using ‘F1’ all had to be shut down. It is also a valuable and hard lesson for all NFT projects, brands, and IP owners. The brand licensing deal apparently had a ‘term’ that expired.
However, we’re already observing complex IP and brand protection challenges, and it’s important businesses plan their strategies carefully. In this article, we explore metaverse examples, the brand protection challenges posed, and what brands can do to safeguard both their IP and customers. What Are Examples of Metaverse Platforms?
As previously reported on this blog , non-fungibletokens (or “NFTs”) recently emerged as one of the hottest new items on the art market—artists, auction houses, museums, sports organizations and others have jumped at the chance to create and sell their own versions of these unique tokens.
15] We discuss below three areas that may be of particular interest to this blog’s readership: auction houses and galleries, online marketplaces, and non-fungibletokens (“NFTs”). ” [25] This is especially true on third-party sales websites (socialmedia marketplaces, eBay, etc.),
Sale of a digital limited edition associated with the development of a Nobel Prize recognized cancer-fighting invention, a precursor to the patent, may provide businesses, Continue reading.
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-fungibletokens (NFT) has accelerated the theft of digital art. What Can Be Done?
The emergence of blockchain-supported Non-FungibleTokens (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.
The emergence of blockchain-supported Non-FungibleTokens (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.
Given the rapid growth of Non-FungibleToken (NFT) market, it was just a matter of time until a court recognised the labyrinth of intellectual property difficulties that surrounded the distribution and sale of NFT digital works. Court decided that an NFT platform must be responsible for the digital works it trades.
Given the rapid growth of Non-FungibleToken (NFT) market, it was just a matter of time until a court recognised the labyrinth of intellectual property difficulties that surrounded the distribution and sale of NFT digital works. Court decided that an NFT platform must be responsible for the digital works it trades.
HERMES SELLIER (claimants) by producing and offering for sale its Paisley Jane model, as well as a non-fungibletoken (NFT) representing that same bag [Judgment available here , in French]. BLAO & CO (defendant) had infringed the copyright and trade mark of Socit HERMES INTERNATIONAL and S.A.S.
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