SlideShare a Scribd company logo
LAW FIRM OF
DAYREL S SEWELL
Best Service
NFT-based Trademark
Infringements: Trends
and Risk Mitigation
Strategies
Contact Us :
s e w e l l n y l a w . c o m
347-787-6824
NFTs and Trademarks: General Overview
Interest in blockchain technologies, cryptocurrencies, and particularly non-fungible tokens (NFTs) is
steadily increasing. According to Eric Anziani, COO of Crypto.com, “NFTs really started initially with
the digital art side. But it’s going to be a lot more powerful. It will be the tool that represents any
digital type of assets in virtual worlds going forward. So the applications are tremendous1.”
Basically, an NFT is a (i) cryptographic on the blockchain; (ii) representing an asset; (iii) that is unique
and non-interchangeable. For instance, Finzer D. describes NFTs as: “unique, digital items with
blockchain-managed ownership2.” Indeed, NFTs, powered by blockchain, have unique qualities which
can be applied in different industries and businesses including fine arts, gaming, digital identity,
certification, licensing, etc. In this respect, the sudden economic growth of the NFT market is
understandable. Businesses also tend to use NFTs as marketing tools and as a creative way for
building the brand’s image.
In the meantime, the rise of the NFT market poses new legal challenges, including those in the realm
of intellectual property and especially trademark law. Two main trends are worth highlighting. First,
there is a significant increase of trademark filing activity around NFT brands. Second, the number of
new NFT-related enforcement cases is constantly increasing, including a number of high-profile
litigation cases.Prosecution: How to Trademark your NFT and Avoid Infringing Third-Parties
Trademarks.With increased media coverage and popularity, U.S. NFT trademark applications
skyrocketed during the past year.
According to open sources, there was a 552% increase in NFT trademark applications with the U.S.
patent agency between August 2021 and January 20223. In January alone, about 450 filings for NFT-
related trademarks were received4. [Graphical representation of the data is below.]
1.
KNOW MORE
347-787-6824
https://sewellnylaw.com/

More Related Content

Similar to NFT based trademark infrigenment.pdf

E-Discovery.pdf
E-Discovery.pdfE-Discovery.pdf
E-Discovery.pdf
DanielBrown364291
 
Wellspring intellectual property complexity trends
Wellspring intellectual property complexity trendsWellspring intellectual property complexity trends
Wellspring intellectual property complexity trends
Wellspring
 
Untitled
UntitledUntitled
Outlier Ventures State of Blockchain Q3 2018
Outlier Ventures State of Blockchain Q3 2018Outlier Ventures State of Blockchain Q3 2018
Outlier Ventures State of Blockchain Q3 2018
Outlier Ventures
 
Cyber law
Cyber lawCyber law
Cyber law
Azmawati Lazim
 
Ways NFTs Are Being Used by Businesses Today | Dotechtalk
Ways NFTs Are Being Used by Businesses Today  | DotechtalkWays NFTs Are Being Used by Businesses Today  | Dotechtalk
Ways NFTs Are Being Used by Businesses Today | Dotechtalk
DOTECHTALK
 
Digital digest#1 baghel abhishek
Digital digest#1 baghel abhishekDigital digest#1 baghel abhishek
Digital digest#1 baghel abhishek
Abhishek Singh Baghel
 
Cyber law and introduction for undergrad
Cyber law and introduction for undergradCyber law and introduction for undergrad
Cyber law and introduction for undergrad
Azmawati Lazim
 
CyberSecurityBook[Final]
CyberSecurityBook[Final]CyberSecurityBook[Final]
CyberSecurityBook[Final]
Lucy Kitchin
 
Media and entertainment Trends
Media and entertainment Trends Media and entertainment Trends
Media and entertainment Trends
Tuan Anh Nguyen
 
NFTs
NFTsNFTs
NFTs
AvneetDua
 
Digital Forensics Market, Size, Global Forecast 2023-2028
Digital Forensics Market, Size, Global Forecast 2023-2028Digital Forensics Market, Size, Global Forecast 2023-2028
Digital Forensics Market, Size, Global Forecast 2023-2028
Renub Research
 
From Accenture: FinTech is booming and will continue to do so
From Accenture: FinTech is booming and will continue to do so From Accenture: FinTech is booming and will continue to do so
From Accenture: FinTech is booming and will continue to do so
Investors Group and LegacyTracker
 
Ict forensics and audit bb
Ict forensics and  audit bbIct forensics and  audit bb
Ict forensics and audit bb
marukanda
 
Cryptocurrency and Blockchain
Cryptocurrency and BlockchainCryptocurrency and Blockchain
Cryptocurrency and Blockchain
Knobbe Martens - Intellectual Property Law
 
ABCs-of-NFTs.pdf
ABCs-of-NFTs.pdfABCs-of-NFTs.pdf
ABCs-of-NFTs.pdf
ssuser143578
 
NFT Marketplace Development
NFT Marketplace DevelopmentNFT Marketplace Development
NFT Marketplace Development
zaarahary
 
DSS Company Presentation November 2015
DSS Company Presentation November 2015DSS Company Presentation November 2015
DSS Company Presentation November 2015
Company Spotlight
 
How Technology Impacts the Insurance Sector - Raymond Kairouz
How Technology Impacts the Insurance Sector - Raymond KairouzHow Technology Impacts the Insurance Sector - Raymond Kairouz
How Technology Impacts the Insurance Sector - Raymond Kairouz
sigortatatbikatcilari
 
Data Security Trends - Q4 2018 M&A Report
Data Security Trends - Q4 2018 M&A ReportData Security Trends - Q4 2018 M&A Report
Data Security Trends - Q4 2018 M&A Report
Evelyn Yannan Chen
 

Similar to NFT based trademark infrigenment.pdf (20)

E-Discovery.pdf
E-Discovery.pdfE-Discovery.pdf
E-Discovery.pdf
 
Wellspring intellectual property complexity trends
Wellspring intellectual property complexity trendsWellspring intellectual property complexity trends
Wellspring intellectual property complexity trends
 
Untitled
UntitledUntitled
Untitled
 
Outlier Ventures State of Blockchain Q3 2018
Outlier Ventures State of Blockchain Q3 2018Outlier Ventures State of Blockchain Q3 2018
Outlier Ventures State of Blockchain Q3 2018
 
Cyber law
Cyber lawCyber law
Cyber law
 
Ways NFTs Are Being Used by Businesses Today | Dotechtalk
Ways NFTs Are Being Used by Businesses Today  | DotechtalkWays NFTs Are Being Used by Businesses Today  | Dotechtalk
Ways NFTs Are Being Used by Businesses Today | Dotechtalk
 
Digital digest#1 baghel abhishek
Digital digest#1 baghel abhishekDigital digest#1 baghel abhishek
Digital digest#1 baghel abhishek
 
Cyber law and introduction for undergrad
Cyber law and introduction for undergradCyber law and introduction for undergrad
Cyber law and introduction for undergrad
 
CyberSecurityBook[Final]
CyberSecurityBook[Final]CyberSecurityBook[Final]
CyberSecurityBook[Final]
 
Media and entertainment Trends
Media and entertainment Trends Media and entertainment Trends
Media and entertainment Trends
 
NFTs
NFTsNFTs
NFTs
 
Digital Forensics Market, Size, Global Forecast 2023-2028
Digital Forensics Market, Size, Global Forecast 2023-2028Digital Forensics Market, Size, Global Forecast 2023-2028
Digital Forensics Market, Size, Global Forecast 2023-2028
 
From Accenture: FinTech is booming and will continue to do so
From Accenture: FinTech is booming and will continue to do so From Accenture: FinTech is booming and will continue to do so
From Accenture: FinTech is booming and will continue to do so
 
Ict forensics and audit bb
Ict forensics and  audit bbIct forensics and  audit bb
Ict forensics and audit bb
 
Cryptocurrency and Blockchain
Cryptocurrency and BlockchainCryptocurrency and Blockchain
Cryptocurrency and Blockchain
 
ABCs-of-NFTs.pdf
ABCs-of-NFTs.pdfABCs-of-NFTs.pdf
ABCs-of-NFTs.pdf
 
NFT Marketplace Development
NFT Marketplace DevelopmentNFT Marketplace Development
NFT Marketplace Development
 
DSS Company Presentation November 2015
DSS Company Presentation November 2015DSS Company Presentation November 2015
DSS Company Presentation November 2015
 
How Technology Impacts the Insurance Sector - Raymond Kairouz
How Technology Impacts the Insurance Sector - Raymond KairouzHow Technology Impacts the Insurance Sector - Raymond Kairouz
How Technology Impacts the Insurance Sector - Raymond Kairouz
 
Data Security Trends - Q4 2018 M&A Report
Data Security Trends - Q4 2018 M&A ReportData Security Trends - Q4 2018 M&A Report
Data Security Trends - Q4 2018 M&A Report
 

Recently uploaded

Pedal to the Court Understanding Your Rights after a Cycling Collision.pdf
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdfPedal to the Court Understanding Your Rights after a Cycling Collision.pdf
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdf
SunsetWestLegalGroup
 
Business Laws Sunita saha
Business Laws Sunita sahaBusiness Laws Sunita saha
Business Laws Sunita saha
sunitasaha5
 
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
abondo3
 
Genocide in International Criminal Law.pptx
Genocide in International Criminal Law.pptxGenocide in International Criminal Law.pptx
Genocide in International Criminal Law.pptx
MasoudZamani13
 
It's the Law: Recent Court and Administrative Decisions of Interest
It's the Law: Recent Court and Administrative Decisions of InterestIt's the Law: Recent Court and Administrative Decisions of Interest
It's the Law: Recent Court and Administrative Decisions of Interest
Parsons Behle & Latimer
 
Should AI hold Intellectual Property Rights?
Should AI hold Intellectual Property Rights?Should AI hold Intellectual Property Rights?
Should AI hold Intellectual Property Rights?
RoseZubler1
 
From Promise to Practice. Implementing AI in Legal Environments
From Promise to Practice. Implementing AI in Legal EnvironmentsFrom Promise to Practice. Implementing AI in Legal Environments
From Promise to Practice. Implementing AI in Legal Environments
ssusera97a2f
 
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
15e6o6u
 
San Remo Manual on International Law Applicable to Armed Conflict at Sea
San Remo Manual on International Law Applicable to Armed Conflict at SeaSan Remo Manual on International Law Applicable to Armed Conflict at Sea
San Remo Manual on International Law Applicable to Armed Conflict at Sea
Justin Ordoyo
 
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
15e6o6u
 
Receivership and liquidation Accounts Prof. Oyedokun.pptx
Receivership and liquidation Accounts Prof. Oyedokun.pptxReceivership and liquidation Accounts Prof. Oyedokun.pptx
Receivership and liquidation Accounts Prof. Oyedokun.pptx
Godwin Emmanuel Oyedokun MBA MSc PhD FCA FCTI FCNA CFE FFAR
 
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdfV.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
bhavenpr
 
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee
 
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
SKshi
 
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptxAN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
schubergbestrong
 
The Future of Criminal Defense Lawyer in India.pdf
The Future of Criminal Defense Lawyer in India.pdfThe Future of Criminal Defense Lawyer in India.pdf
The Future of Criminal Defense Lawyer in India.pdf
veteranlegal
 
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
osenwakm
 
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
gjsma0ep
 
17-03 2022 -full agreement full version .pdf
17-03 2022 -full agreement full version .pdf17-03 2022 -full agreement full version .pdf
17-03 2022 -full agreement full version .pdf
ssuser0dfed9
 
Search Warrants for NH Law Enforcement Officers
Search Warrants for NH Law Enforcement OfficersSearch Warrants for NH Law Enforcement Officers
Search Warrants for NH Law Enforcement Officers
RichardTheberge
 

Recently uploaded (20)

Pedal to the Court Understanding Your Rights after a Cycling Collision.pdf
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdfPedal to the Court Understanding Your Rights after a Cycling Collision.pdf
Pedal to the Court Understanding Your Rights after a Cycling Collision.pdf
 
Business Laws Sunita saha
Business Laws Sunita sahaBusiness Laws Sunita saha
Business Laws Sunita saha
 
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
原版定做(sheffield学位证书)英国谢菲尔德大学毕业证文凭证书原版一模一样
 
Genocide in International Criminal Law.pptx
Genocide in International Criminal Law.pptxGenocide in International Criminal Law.pptx
Genocide in International Criminal Law.pptx
 
It's the Law: Recent Court and Administrative Decisions of Interest
It's the Law: Recent Court and Administrative Decisions of InterestIt's the Law: Recent Court and Administrative Decisions of Interest
It's the Law: Recent Court and Administrative Decisions of Interest
 
Should AI hold Intellectual Property Rights?
Should AI hold Intellectual Property Rights?Should AI hold Intellectual Property Rights?
Should AI hold Intellectual Property Rights?
 
From Promise to Practice. Implementing AI in Legal Environments
From Promise to Practice. Implementing AI in Legal EnvironmentsFrom Promise to Practice. Implementing AI in Legal Environments
From Promise to Practice. Implementing AI in Legal Environments
 
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
在线办理(UNE毕业证书)新英格兰大学毕业证成绩单一模一样
 
San Remo Manual on International Law Applicable to Armed Conflict at Sea
San Remo Manual on International Law Applicable to Armed Conflict at SeaSan Remo Manual on International Law Applicable to Armed Conflict at Sea
San Remo Manual on International Law Applicable to Armed Conflict at Sea
 
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
快速办理(SCU毕业证书)澳洲南十字星大学毕业证文凭证书一模一样
 
Receivership and liquidation Accounts Prof. Oyedokun.pptx
Receivership and liquidation Accounts Prof. Oyedokun.pptxReceivership and liquidation Accounts Prof. Oyedokun.pptx
Receivership and liquidation Accounts Prof. Oyedokun.pptx
 
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdfV.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
V.-SENTHIL-BALAJI-SLP-C-8939-8940-2023-SC-Judgment-07-August-2023.pdf
 
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
Sangyun Lee, 'Why Korea's Merger Control Occasionally Fails: A Public Choice ...
 
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
Presentation (1).pptx Human rights of LGBTQ people in India, constitutional a...
 
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptxAN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
AN INTRODUCTION TO PUBLIC ADMINISTRATION.pptx
 
The Future of Criminal Defense Lawyer in India.pdf
The Future of Criminal Defense Lawyer in India.pdfThe Future of Criminal Defense Lawyer in India.pdf
The Future of Criminal Defense Lawyer in India.pdf
 
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
在线办理(SU毕业证书)美国雪城大学毕业证成绩单一模一样
 
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
一比一原版(Lincoln毕业证)新西兰林肯大学毕业证如何办理
 
17-03 2022 -full agreement full version .pdf
17-03 2022 -full agreement full version .pdf17-03 2022 -full agreement full version .pdf
17-03 2022 -full agreement full version .pdf
 
Search Warrants for NH Law Enforcement Officers
Search Warrants for NH Law Enforcement OfficersSearch Warrants for NH Law Enforcement Officers
Search Warrants for NH Law Enforcement Officers
 

NFT based trademark infrigenment.pdf

  • 1. LAW FIRM OF DAYREL S SEWELL Best Service NFT-based Trademark Infringements: Trends and Risk Mitigation Strategies Contact Us : s e w e l l n y l a w . c o m 347-787-6824
  • 2. NFTs and Trademarks: General Overview Interest in blockchain technologies, cryptocurrencies, and particularly non-fungible tokens (NFTs) is steadily increasing. According to Eric Anziani, COO of Crypto.com, “NFTs really started initially with the digital art side. But it’s going to be a lot more powerful. It will be the tool that represents any digital type of assets in virtual worlds going forward. So the applications are tremendous1.” Basically, an NFT is a (i) cryptographic on the blockchain; (ii) representing an asset; (iii) that is unique and non-interchangeable. For instance, Finzer D. describes NFTs as: “unique, digital items with blockchain-managed ownership2.” Indeed, NFTs, powered by blockchain, have unique qualities which can be applied in different industries and businesses including fine arts, gaming, digital identity, certification, licensing, etc. In this respect, the sudden economic growth of the NFT market is understandable. Businesses also tend to use NFTs as marketing tools and as a creative way for building the brand’s image. In the meantime, the rise of the NFT market poses new legal challenges, including those in the realm of intellectual property and especially trademark law. Two main trends are worth highlighting. First, there is a significant increase of trademark filing activity around NFT brands. Second, the number of new NFT-related enforcement cases is constantly increasing, including a number of high-profile litigation cases.Prosecution: How to Trademark your NFT and Avoid Infringing Third-Parties Trademarks.With increased media coverage and popularity, U.S. NFT trademark applications skyrocketed during the past year. According to open sources, there was a 552% increase in NFT trademark applications with the U.S. patent agency between August 2021 and January 20223. In January alone, about 450 filings for NFT- related trademarks were received4. [Graphical representation of the data is below.] 1. KNOW MORE 347-787-6824 https://sewellnylaw.com/