JD Supra Law

DECEMBER 10, 2021

NFT's have reignited and expanded the market for digital art. When Hollywood director Quentin Tarantino tried to create an NFT project using intellectual property owned by the studio, the reaction from the execs was less than enthusiastic. By: Jaburg Wilk

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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?

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JD Supra Law

APRIL 12, 2022

Last month, our post about art NFTs and the DMCA highlighted the distinction between non-fungible tokens and the copyrighted works they represent.

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The IPKat

JULY 14, 2022

A comment to the EUIPO Guidance on NFTs by Paolo Maria Gangi As The IPKat reported a few days ago here , the European Intellectual Property Office (EUIPO) has recently released some guidance notes on its approach to the classification of non-fungible tokens (NFTs).

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JD Supra Law

MARCH 18, 2022

As the market value of non-fungible tokens (“NFTs”) continues to soar, legal practitioners will soon face the contractual, copyright and trademark issues that accompany this new technology. Originally published in USLaw Magazine - March 2022.

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IP and Legal Filings

SEPTEMBER 30, 2022

Concerns have been expressed regarding the legal status and the authenticity of such tokens, especially in India. they’reThere is currently a highly speculative market to speculate in, susceptible to rapid plunges or upswings and cyber security threats, making them enormously volatile assets to acquire and maintain.

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Plagiarism Today

MAY 17, 2022

However, the service became much better known after it expanded its detection capabilities to include non-fungible tokens (NFTs). This is mirrored by an ongoing crash in regular crypto markets , that’s seen many of the currencies lose significant portions of their value.

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JD Supra Law

JUNE 20, 2022

Nike has sued the StockX platform for trademark infringement because the platform minted, marketed, and sold non-fungible tokens (NFTs) using Nike trademarks. As The Verge reported. By: AEON Law

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JD Supra Law

APRIL 14, 2022

In 2021, Collins Dictionary named “NFT,” the abbreviation for non-fungible token, its word of the year. In 2017, the US-based Association of National Advertisers named AI (artificial intelligence) its marketing word of the year. By: Dentons

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JD Supra Law

OCTOBER 19, 2022

Introduction - The non-fungible token, known as the “NFT,” has risen to prominence in the digital assets market as a new asset class. NFTs saw US$17.7 billion in sales in 2021 alone. By: K&L Gates LLP

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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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JD Supra Law

JULY 11, 2022

With a market capitalization forecast of over $35 billion for 2022, there is no question that non-fungible tokens (NFTs) are hugely popular. Despite this, the intellectual property rubric underlying these NFT offerings are inconsistent, confusing, and in many cases in conflict with applicable law.

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JD Supra Law

SEPTEMBER 20, 2022

Although NFTs (non-fungible tokens) have been around since approximately 2014, they exploded into the mainstream in early 2021, fetching eye-popping prices at auction. After Beeple’s March 2021 sale made headlines, the market remained red hot through the rest of that year. million in December 2021.

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SpicyIP

MAY 18, 2022

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. Application date. Description (shortened). Feb 25, 2022.

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JD Supra Law

APRIL 13, 2022

In 2020, the cryptocurrency market was valued at $1.49 And, in early 2021, the artist Beeple shattered records when the digital art piece Everydays - The First 500 Days sold, as a non-fungible token (NFT), at Christie’s for a whopping $69 million in Ethereum cryptocurrency. By: Venable LLP

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JD Supra Law

JULY 28, 2022

Given the recent rise in the popularity and profitability of non-fungible tokens (NFTs), celebrities have entered the market not only by purchasing NFTs, but also by minting their own.

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Non-Fungible Tokens Intellectual Property IP Marketing 98

CopyrightsWorld

MAY 7, 2022

Non-fungible token technology has enabled artists to sell digital originals without the use of intermediaries while also receiving royalties on secondary sales of their work. However, this is only the early stages of the capabilities that non-fungible tokens offer to the web 3.0 to web 3.0.

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JD Supra Law

JUNE 16, 2022

In the context of the global convergence towards the metaverse, non-fungible token (NFT) technologies and exchanges are developing rapidly worldwide. Since NFTs are a new type of digital asset, no specific law or regulation has yet been developed to regulate transactions with them or for the related trading.

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Plagiarism Today

MARCH 9, 2022

As such, the new LimeWiere will not be a file sharing network, but a marketplace for Non-Fungible Tokens (NFTs), initially focusing on music. Even as the NFT market has grown to billions of dollars, public perception remains very low. Most of the people who used it, did so as a Napster alternative.

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Cease and Desist Non-Fungible Tokens Music Plagiarism 246

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 market value of the NFT is linked directly to the. Clear as mud, right? The person or entity that owns the NFT records the ownership in the blockchain, which allows NFTs to be sold and traded.

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Plagiarism Today

AUGUST 2, 2022

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. The mainstream reputation of NFTs was hopelessly trashed and, as the regular crypto market began to falter, the NFT market was especially hard hit.

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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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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). So, the question looms large: Are NFTs securities? 16, 2018), available at: [link]. [3].

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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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IP Law 360

JANUARY 5, 2023

As the non-fungible token market evolves rapidly, attorneys should be familiar with three types of legal instruments used to convey rights in NFT transactions, including agreements between the artist of the underlying artwork and the NFT creator, says Hannah Ji-Otto at Baker Donelson.

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Garrigues Blog

MARCH 4, 2025

The fashion industry was one of the first industries to enthusiastically explore the opportunities afforded by the metaverse and NFTs (non-fungible tokens). This technology is also particularly relevant in the vintage or second-hand clothing markets.

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TorrentFreak

NOVEMBER 17, 2021

“Eager to cash in on the non-fungible token (‘NFT’) boom, as widely reported in the media, Quentin Tarantino recently announced plans to auction off seven ‘exclusive scenes’ from the 1994 motion picture Pulp Fiction in the form of NFTs,” the complaint reads. .

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Copyright Infringement Non-Fungible Tokens Copyright Cease and Desist 145

IP and Legal Filings

SEPTEMBER 8, 2021

According to a report by Markets and Markets, the cryptocurrency market is expected to grow from USD 1.6 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.

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Intellectual Property Non-Fungible Tokens Copyfraud Contracts 94

IPilogue

DECEMBER 14, 2021

On November 16, 2021, Miramax filed a lawsuit against Quentin Tarantino for his planned auction of non-fungible tokens (NFTs) based on his original hand-written script of the film Pulp Fiction. Miramax argues that these reserved rights are far too narrow to allow Tarantino to unilaterally produce, market, and sell the NFTs.

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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. The non-fungible part means that it is something that has unique value based on the buyer’s sentiment and/or market dynamics.

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IPilogue

DECEMBER 8, 2022

The Singapore High Court ruled on 21 October 2022 that non-fungible tokens (NFTs) can now be considered property, Coindesk reports. Amin Hosseini is an IPilogue Writer and an LLM Candidate at Osgoode Hall Law School.

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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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IPilogue

OCTOBER 5, 2022

On April 20, 2022, China released a first-of-its-kind judgment on a dispute over the alleged infringement of a non-fungible token (“NFT”) published on a trading platform. Examples of Chinese NFT markets include NFT China, Huanhe, and Jingtan.

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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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TorrentFreak

JANUARY 5, 2022

Non-fungible tokens, or NFTs, have been booming over the past year. I]t could also mislead others into believing they have the rights to pursue similar deals or offerings, when in fact Miramax holds the rights needed to develop, market, and sell NFTs relating to its deep film library,” the movie studio wrote.

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Kluwer Copyright Blog

JANUARY 10, 2022

The Rise of Non-Fungible Tokens (NFTs) and the Role of Copyright Law – Part II by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó. The Rise of Non-Fungible Tokens (NFTs) and the Role of Copyright Law – Part I by Peter Mezei , João Pedro Quintais , Alexandra Giannopoulou and Balázs Bodó.

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IPilogue

MARCH 14, 2022

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. For those of you like me who have survived this long asking the question “what is an NFT?”

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