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ARTICLE · 06 FEBRUARY 2024

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2024 Nice Classification: Trademarking Metaverse & NFTs

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On the 1st of January 2024, the 12th edition of the International Classification of Goods and Services for the Purposes of the Registration of Marks (the "Nice Classification") entered into force.

MaltaIntellectual Property

On the 1st of January 2024, the 12th edition of the International Classification of Goods and Services for the Purposes of the Registration of Marks (the "Nice Classification") entered into force. The revised Nice Classification aims to reflect modern advancements and societal trends and now includes terms related to crypto-assets transactions and virtual reality among others.

The Nice Classification is an international system of classification used for the purpose of registering trademarks, which contains a list of 45 classes of goods and services under which trademark creators can classify their mark to distinguish it from other competitors in the same class of goods and services. Up until recently, only physical goods and real-world services were included in the Nice Classification, leaving the metaverse an unregulated territory when it comes to branding protection.

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