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Non-fungible Tokens: Commercializing Exclusive Digital Art- A Companion Piece

IPilogue

In May 2021, a phenomenal IPilogue submission by Keir Strickland-Murphy (Osgoode Law ‘22) touched on the recent boom of Non- fungible Tokens. In this piece, I will recapitulate Strickland- Murphy’s exploration of IP ownership of Non-fungible Tokens and expand on recent developments since May.

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Patent Poetry: Patent and Trademark Offices Publish Study on NFT IP Issues

JD Supra Law

The US Patent and Trademark Office (USPTO) and the Copyright Office have published the results of their joint study on non-fungible tokens (NFTs) and intellectual property (IP). The Report was created in response to a June 2022 request from Senators Patrick Leahy (D-VT) and Thom Tillis (R-N.C.) to undertake a study.

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USPTO, Copyright Office Joint Study on NFTs Could Help Dispel Confusion About IP Ownership in Media Content Underlying Digital Assets

IP Watchdog

Patent and Trademark Office (USPTO) and the U.S. Copyright Office published a joint notice of inquiry in the Federal Register announcing that the two agencies would be collaborating on a study regarding intellectual property legal issues related to digital assets known as non-fungible tokens (NFTs).

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Patent Poetry: Court Awards $1.6 Million in Damages in “Bored Ape” Case

JD Supra Law

million in damages for copying Bored Ape’s Non-Fungible Token (NFT) art. A federal district court judge has ordered a conceptual artist and his partner to pay more than $1.5 Plaintiff Yuga Labs, Inc. is the creator of one of the world’s most well-known and successful NFT collections, known as the Bored Ape Yacht Club (BAYC).

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Can Teaming IBM’s blockchain with Spangenberg’s IPwe Turn Patents Into a Trillion-Dollar Market?

IP Close Up

IBM and IPwe, believe that NFTs, Non-Fungible Tokens – one-of-a-kind limited digital editions – can transform stagnant patent monetization into a trillion dollar market. Two IP icons Continue reading.

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LVMH Hit With Patent Suit Over NFT Smartwatch Display Tech

IP Law 360

A company that developed a platform that enables users to display their non-fungible tokens on their watches has sued LVMH in Texas federal court over claims the luxury goods giant infringed on its "pioneering"nonfungible tokens display technology when it allowed NFT displays on its own smartwatches.

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PTO and Copyright Office Seek Public Comments on Non-Fungible Tokens

JD Supra Law

On November 23, 2022, the US Patent & Trademark Office and the US Copyright Office announced that they are seeking public input on intellectual property (IP) considerations related to non-fungible tokens (NFTs). By: McDermott Will & Emery