Non-Fungible Insights: Blockchain Decrypted
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May 1, 2023
|6 min read
Bored Apes Earn Victory in Trademark Suit
On April 21, 2023, United States District Judge John F. Walter ruled for Yuga Labs, Inc. (Yuga) and its Bored Apes Yacht Club (BAYC) NFT collection in its trademark infringement suit against conceptual artists Ryder Ripps and Jeremy Cahen (collectively, the “Artists”).
April 19, 2022
|5 min read
Trademark Suits Consider if the (NFT) Shoe Is on the Other Foot
A pair of suits from designers Nike and Hermes are raising new questions regarding how Non-Fungible Tokens (NFTs) intersect with trademark protections. On January 14, 2022, luxury designer Hermes filed suit against artist Mason Rothschild, creator of the popular “MetaBirkins” NFTs.
May 25, 2021
|6 min read
The Intellectual Property Value of Non-Fungible Tokens
Non-Fungible Tokens, known as NFTs, recently made headlines with sales of individual tokens valued at millions of dollars, comparable to sales of fine art. Christie’s– a “conventional” auction house – sold its first NFT, the piece “Everydays: The First 5,000 Days” by the artist Beeple – for a staggering $69 million.