LexBlog IP

FEBRUARY 16, 2022

Hermes recently sued a digital artist for knocking off its Birkin handbag through the issuance of MetaBirkin non-fungible tokens (“NFT”). Hermes based its allegations of trademark infringement and dilution on the artist’s use of MetaBirkin as a trademark to promote his NFTs and at his metabirkin.com website.

Art 52

Art Non-Fungible Tokens Intellectual Property Ownership 52

IP and Legal Filings

FEBRUARY 7, 2023

” Non-fungible tokens (NFTs) have also been investigated by other Indian companies for application in the metaverse. The doctrine of exhaustion of rights prevents the owner of a trademark from continuing to have any influence over its products in the market after they have been sold.

Trademark 95

Trademark Non-Fungible Tokens Brands Branding 95

Corsearch

FEBRUARY 14, 2023

A trademark is not just a means of securing and protecting a brand name, it is also a valuable business asset. It’s no surprise then that is a constant race to seek trademark ownership and registration of popular holiday names — but is owning a holiday name even possible? The trademarks are FRANCES VALENTINE and FV.

Trademark 52

Trademark Non-Fungible Tokens IP Branding 52

IIPRD

JUNE 9, 2024

This will give recognition to those persons and provide them with ownership rights for that intellectual activity. When we talk about IPR in the metaverse various types of Intellectual Properties come into the picture, for example, copyrights, patents, and trademarks. The jury gave Hermès a damages award of almost $133,000.

Intellectual Property 59

Intellectual Property Non-Fungible Tokens Trademark Designs 59

IP and Legal Filings

JANUARY 31, 2023

The main assets of any fashion firm that are virtual designs, may need to be protected as trade dress under trademark law. For undisputed ownership of virtual designs, Intellectual Property (IP) laws must be thoroughly handled with. However, in order to file a lawsuit of infringement, copyright registration is required.

Law 98

Law Branding Branding Brands 98

IIPRD

OCTOBER 17, 2022

It identifies the product of that company and recognizes its own and gives some rights to ownership that can be enforced. Another question is that is an owner of goods who has already registered his trademark has to register again in the metaverse? It also protects the product from unauthorized use by a third party.

IP 52

IP Non-Fungible Tokens Intellectual Property Trademark 52

Corsearch

NOVEMBER 15, 2022

Stored on the blockchain, an NFT (non-fungible token) is a unique token created in relation to a specific digital asset, like an image, music track or video clip. The accuracy and traceability of ownership is the key attraction here.

Branding 52

Branding Branding Brands Non-Fungible Tokens 52

SpicyIP

FEBRUARY 27, 2024

The question of ownership in the virtual world, particularly in video games, has long been debated. On the trademark side, relevant is this post by Bhavya Solanki and Medha Bhatt discussing the applicability of the fair use provisions of trademark law to the unauthorized use of trademarks in the virtual world.

Non-Fungible Tokens 59

Non-Fungible Tokens Copyright Business Moral Rights 59

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.

Intellectual Property 78

Intellectual Property Non-Fungible Tokens Copyfraud Contracts 78

LexBlog IP

DECEMBER 6, 2021

Trademarking an NFT at the United States Patent and Trademark Office (“USPTO”) is the first step in securing your intellectual property (“IP”). Whether you can trademark a non-fungible token or NFT depends upon whether the NFT is part of a collection that serves as a source indicator.

Trademark 52

Trademark Non-Fungible Tokens Registration IP 52