Tag: NFT

Intellectual Property

Are Virtual Goods Still Goods for Trademark Purposes?

Written by Bryse K. Thornwell In Yuga Labs, Inc. v. Ripps, et al, No. 2:22-CV-04355  (C. D. Cal. Apr. 21, 2023), Judge John F. Walter explored the use of trademarks in the world of non-fungible tokens (“NFTs”), which are tokenized assets that have been recorded on a blockchain. As intellectual property disputes continue to arise in the world of NFTs, the key issues that the … Continue reading Are Virtual Goods Still Goods for Trademark Purposes?

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Intellectual Property

What Am I Bidding for, the First NFT?

Written by Bryse K. Thornwell In Free Holdings Inc. v. McCoy et al, No. 22-CV-881 (JLC) (S.D.N.Y., March 17, 2023), Magistrate Judge James L. Cott confronted an unclear issue regarding ownership of non-fungible tokens (“NFTs”), which are assets that have been tokenized via a blockchain. NFTs can be unique and quite valuable. The court in Free Holdings considered the issue whether initial registration of an … Continue reading What Am I Bidding for, the First NFT?

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