One example of trademark infringement case will be the on-going battle between Hermès and artist Mason Rothschild. Rothschild had been creating and minting NFTs known as MetaBirkins by using Birkin (an iconic ladies’ bag of Hermès). Apart from using the name Birkin, Rothschild uses the signature
Month: February 2022 (page 1 of 3)
There are two main types of infringement that may arise as a result of unauthorised minting of NFT.
Infringement of the copyright where creators reproduce and copy others copyrighted works. When the NFT includes a digital copy of an asset, there is a potential
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Recently, two NFT copycats are fighting over which is the real fake Bored Ape Yacht Club (BAYC), a famous NFT with some of the most expensive crypto art assets. Since the IP law governing NFTs is still new and much is in the grey zone, a lot of copycats including PHAYC and Phunky Ape Yacht Club (PAYC
2 conditions to be considered:
1️⃣ When an NFT does not have an underlying asset, for example, it is a collectible, the ownership right will be transferred within the transaction and the owner will now own the NFT wholly; 2️⃣ When an NFT has an underlying asset such as artwork