2023 Underground Art Market Report
In recent years, the art world has witnessed a significant shift towards digitalization. One of the key driving forces behind this transformation is the rise of Non-Fungible Tokens (NFTs). These unique digital assets have gained immense popularity, revolutionizing how art is created, bought, and sold. …
Read More
As many as 95 percent of the non-fungible tokens or NFTs created during the bull run of cryptocurrencies just a couple of years ago are now worthless, according to a new report from a website dappGambl that reviews crypto products. NFTs were all over the …
Read More
September 25, 2023 by Diana Ambolis Non-Fungible Tokens (NFTs) have taken the digital world by storm, offering a revolutionary way for artists, creators, and collectors to engage with digital assets. While NFTs have created tremendous opportunities, they have also raised questions about their long-term value …
Read More
Many collections containing the blockchain-based tokens known as NFTs (non-fungible tokens) now have a market capitalisation of close to zero, said a report published by the crypto gambling site dappGambl. The platform looked at 73,257 NFT collections, which can range from images of zombified-monkeys to …
Read MoreThis article explores the key factors to assess the longevity of Non-Fungible Tokens (NFTs) in the digital landscape. It discusses the importance of a compelling concept, high-quality artistry, scarcity, utility, artist reputation, blockchain technology, community engagement, legal rights, market trends, and long-term preservation in determining …
Read More
IntroductionHow are NFTs being used and how do they interact with copyrights, trademarks and patents?Litigation concerning NFTs in Spain Introduction A non-fungible token (NFT) is a digital asset, a unique digital identifier that represents and guarantees ownership or proof of authenticity of a unique item …
Read More
IntroductionNFTs: a primerCopyright and trademarks in South AfricaBenefits of NFTsThe interplay in South Africa: copyright versus trademarkPotential drawbacksLegal considerationsEnforcement considerationsPractical considerationsFinal observationsConclusion Introduction There is a great deal of discourse and fascination surrounding non-fungible tokens (NFTs). NFTs have attracted global attention as they re-imagine the …
Read More
The internet has developed into an essential part of virtually every business, from online sales, to software as a service, to online marketing. This has led to a corresponding rise in the type and volume of online IP risks and opportunities. It is critical that …
Read More
Concept of NFTsCan third parties create NFTs linked to digital equivalents of branded products?What to pay attention to when purchasing NFTs: transferred rights in NFT transactionsIs it possible to file trademark applications for NFTs? The days when lawyers could afford to think that digitalisation was …
Read More
Earlier this month, the United States Securities and Exchange Commission (SEC) announced its second-ever enforcement action against the creators of an NFT project—this time, against the team behind “Stoner Cats,” an NFT-backed web series from Mila Kunis’ production company that featured the vocal talents of …
Read More