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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Non-Fungible Tokens Ownership Contracts Copyright 52

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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Non-Fungible Tokens Ownership Artwork Litigation 75

Plagiarism Today

AUGUST 2, 2022

Make the book public (to the extent permitted by law) 2. However, those familiar with copyright law, immediately began to point out flaws in the plan. NFTs (Non-Fungible Tokens), for example, were originally billed as a way for digital artists to create scarcity and enable them to charge more for “unique” works.

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Copyright Non-Fungible Tokens Technology Plagiarism 279

SpicyIP

MAY 18, 2022

She works in a law firm that advises technology companies. Class 9: Virtual two wheelers; virtual motorcycles; virtual scooters; virtual three wheelers; virtual electric vehicles; virtual gaming studio, virtual gaming parlour, downloadable multimedia files containing artwork, text, audio and video files and non-fungible tokens.

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Non-Fungible Tokens Trademark Artwork Art 121

IPilogue

MARCH 14, 2022

Shawn Dhue is an IPilogue Writer and a 2L JD Candidate at Osgoode Hall Law School. and requiring someone to repeat their answer after you zoned out, here is the definition: Non-fungible token (“ NFT ”): a digital asset that represents real-world objects like art, music, in-game items, and videos.

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Non-Fungible Tokens Ownership Intellectual Property Intellectual Property Law 122

JD Supra Law

MAY 3, 2022

NFTs, or non-fungible tokens, are digital assets that are sharply rising in popularity. It is genuine because ownership of the NFT is tracked and stored on the blockchain, meaning. Every day, individuals are launching new NFT projects with similar or new features compared to prior NFT projects. By: Oberheiden P.C.

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Non-Fungible Tokens Ownership Business 102

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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Copyright Non-Fungible Tokens Ownership Intellectual Property 52

JD Supra Law

MAY 27, 2022

Non-fungible tokens (NFTs) and the metaverse are the latest buzzwords online, including in the legal industry. But have you heard about Web3? By: Sterne, Kessler, Goldstein & Fox P.L.L.C.

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Non-Fungible Tokens Marketing Marketing Ownership 101

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. . You bought a Bored Ape NFT.

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Non-Fungible Tokens Fair Use Intellectual Property Copyright Infringement 40

JD Supra Law

JUNE 29, 2022

From ownership to expression to revenue, it’s no secret that non-fungible tokens (NFTs) have made a significant impact on the art world in the last 18 months.

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Non-Fungible Tokens Art Ownership Reporting 98

JD Supra Law

JUNE 14, 2022

A non-fungible token (“NFT”) is a type of financial asset that is made up of digital data stored in a blockchain. The person or entity that owns the NFT records the ownership in the blockchain, which allows NFTs to be sold and traded. Clear as mud, right?

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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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The IPKat

JANUARY 20, 2025

The defendant appealed the decision claiming, amongst others, the inexistence of the unregistered trade mark related to the jersey (whose ownership, in any case, would be Adidass and not Juventuss, as the former designed the shirt) and its infringement, as well as the lack of any unfair competition.

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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). What Is a Security? 5] That definition is expansive. 1].

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Non-Fungible Tokens Law Contracts Artwork 52

TorrentFreak

FEBRUARY 8, 2023

The fleeting non-fungible token (NFT) craze showed that some people are willing to pay vast amounts of money for digital assets that are not guaranteed to retain their value. Potential copyright issues are always a concern but the Hollywood group believes that current laws are capable of handling any NFT-related challenges.

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Non-Fungible Tokens Cease and Desist Intellectual Property Law Copying 130

The IPKat

FEBRUARY 16, 2024

This is a book review of Teaching Intellectual Property Law: Strategy and Management edited by Sabine Jacques, Associate Professor in Information Technology, Media and Intellectual Property Law, University of East Anglia Law School and Ruth Soetendorp, Visiting Academic, City University of London and Professor Emerita, Bournemouth University.

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Intellectual Property Law Intellectual Property Law Non-Fungible Tokens 115

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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Non-Fungible Tokens Ownership Marketing Marketing 75

TorrentFreak

DECEMBER 10, 2021

In a lawsuit filed at a federal court in California, Miramax said that Tarantino was cashing in on the non-fungible token boom but by doing so, he was trampling their rights and ignoring agreements. “In Two weeks later he was being sued by Miramax. movie, of course, was Pulp Fiction,” they write.

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Non-Fungible Tokens Cinema Contracts Fair Use 138

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 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. NFTs are legal property… A recent case in the High Court recognised NFTs as property under the law of England and Wales.

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Traverse Legal Blog

APRIL 17, 2021

With that in mind, we now have something called non-fungible tokens or NFTs. How do you know if what you’re doing is lawful? There are open auctions, limited auctions, various flavors of ownership for the NFT, and sales of both digital and non-digital assets. The NFT will show the ownership of the NFT.

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Due Diligence Licensing Non-Fungible Tokens Copyright 113

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. The trademark laws used to regulate cryptocurrency-related marks are in their nascent stage.

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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

IPilogue

JUNE 21, 2022

Anita Gogia is an IPilogue Writer and an incoming 2L JD Candidate at Osgoode Hall Law School. 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. The Nike Suit.

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Non-Fungible Tokens Ownership False Advertising Fair Use 116

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

IP Whiteboard

JUNE 7, 2021

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. And what role does intellectual property ( IP ) play in their creation and sale? What are NFTs?

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Non-Fungible Tokens IP Cease and Desist Ownership 40

IPilogue

MARCH 16, 2022

Sally Yoon is an IPilogue Writer and a 2L JD Candidate at Osgoode Hall Law School. . Non-fungible tokens (“NFTs”) are one-of-a-kind tokens stored on blockchain that can be sold and traded. Photo by C D-X ( Unsplash ). As NFTs have gained popularity, scam sites are becoming more common.

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Music Non-Fungible Tokens Social Media IP 130

Traverse Legal Blog

MARCH 8, 2022

Today, we’re going to talk about non-fungible tokens (NFTs). The art inside the gallery is protected by COpyright law. BASIC project’s listing agreement is internally inconsistent on the issue of ownership. My name is NFT lawyer Enrico Schaefer. I am an attorney specializing in blockchain technology.

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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

The IPKat

SEPTEMBER 5, 2022

In the case of NFTs, the use of a CC license makes a lot of sense because the value of an NFT is not uniquely centered on the related artwork, which is any case relevant, but on the artist's bio, the blockchain on which is minted and, ultimately, the token (the non-fungible token, in fact, as different from the artwork linked to it).

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Licensing Non-Fungible Tokens Artwork Contracts 95

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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Non-Fungible Tokens Artwork Contracts Art 121

Kluwer Copyright Blog

OCTOBER 5, 2022

NFTs (non-fungible tokens) have become a buzzword in recent years. The ownership of an NFT is recorded in the blockchain, and can be transferred by the owner, allowing NFTs to be sold and traded ”. Crucially, the ownership of an NFT does not equate to ownership of an underlying asset. by Alexander Puutio. €

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Licensing Technology Public Domain Non-Fungible Tokens 114

The IPKat

JANUARY 13, 2022

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-fungible tokens. A token could be already issued when you apply for an industrial IP (e.g.,

Intellectual Property 97

Intellectual Property Non-Fungible Tokens IP Contracts 97

The IPKat

JUNE 27, 2022

Trade mark infringement cause of action is brought under common law while unfair competition cause of action is brought under both common law and California Business and Professions Code §§ 17200 et seq. NFTs – still subject to “old” IP law An NFT is a non-fungible (i.e. This is a U.S

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Non-Fungible Tokens Contracts Copying Art 135

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

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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Art Copyright Ownership Non-Fungible Tokens 105

The IPKat

JANUARY 2, 2022

TRADE MARKS Lise Charles (WTR) provides an overview of the most-read posts on Word Trademark Review (WTR) on European trade mark case law over the past year, including analyses of cases dealing with issues such as unconventional signs (i.e., Several cases were concluded without judgment. disputes between domain names and trademarks).

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