It wasn't that long ago that we
first wrote about Non-Fungible Tokens
("NFTs"). Now, barely a day goes by
without a report on the IP implications of these weird creations.
This article discusses some recent developments, but before doing
that, a quick...
RECAP
A NFT can be described as a unique digital asset authenticated
using blockchain technology. NFTs might comprise digital artwork,
photos, videos, GIFs, music, etc and are sold on blockchain-backed
marketplaces like OpenSea and Nifty Gateway. People buy NFTs for a
variety of reasons (one of which is that they are seen by some as a
good investment).
HERMÈS V ROTHSCHILD: BIRKIN
Birkin and MetaBirkins
An interesting article in
Business of Fashion reports that fashion house
Hermès is suing Mason Rothschild in a New York court for
trade mark infringement and dilution. The case relates to
Hermès' Birkin trade mark, and more particularly, the
fact that Rothschild is marketing digital assets under the
