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NFTs and Intellectual Property: What IP Owners and NFT Creators Need to Know

Intellectual Property Law Blog

Given some of the unique aspects of NFTs, IP owners need to rethink their IP protection and licensing strategies. Due to some of the unique aspects of NFTs, various new considerations need to be addressed when licensing IP. IP protection strategies should include specific protection relating to NFTs.

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Tokenization of intellectual property for IP rights management

The IPKat

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. To mint a token, it is necessary to verify the license required for the respective smart contract (e.g.,

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Navigating the Future: Blockchain Solutions for IP Challenges

Intepat

One such event is the “Blockchain Whitepaper for IP Ecosystems,” held in 2021. Before this, WIPO conducted a webinar in 2020 specifically dedicated to discussing the findings and insights outlined in the “Blockchain Whitepaper” and organised a Standards Workshop on Blockchain in 2019.

IP 52