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Protection of Non-Fungible Tokens in Vietnam

IP and Legal Filings

NFTs ( Non-fungible token ) are digital assets that represent tangible or intangible items, built on existing or newly-created blockchain networks. Since each NFT has a unique encoding, unlike cryptocurrencies with fungible properties, its denomination is based on the quantity and uniqueness of each item. Introduction.

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A Brief Thematic Review of Non-Fungible Tokens and their Copyright

IP and Legal Filings

Due to the recurrent copyright difficulties, which have a significant impact on an individual’s business interest, it is imperative to preserve the ownership rights of digital works. Parallel to this, Non-Fungible Tokens, often known as NFTs, have seen tremendous growth as more and more people enter the market.

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3 Count: International Incidents

Plagiarism Today

” NFTs, or non-fungible tokens, have seen both big sales and big business in the past year. They are essentially a receipt that is placed on the blockchain that allows a purchaser to claim “ownership” over that particular NFT. It’s an attempt to add scarcity to digital goods. .”

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Nike’s Trademark Fight Against StockX Moves Offline

IP Watchdog

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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MarkIt to Market® - May 2022: Web3 Inspires Spotify to Try NFTs

JD Supra Law

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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How NFTs help form the Metaverse and the new Web 3.0

CopyrightsWorld

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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Non-Fungible Tokens in India- Implications Buyers Must Consider

IP and Legal Filings

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.