The Trademark Lawyer Annual 2023. In this document you can get Statutory damages provide key enforcement mechanism to curb counterfeiters, The intangible assets of the future: NFTs and cryptocurrency in the metaverse. Stay tuned or contact LS Davar for more information about trademark, patent, copyright law.
Step by Step Guide to Make, Buy, Sell, Trade, and Invest in NFT, How to Become Rich in Your Teens by Investing in Bitcoin, Meme Coins, ICOs, NFTs, and Become A Successful Crypto Influencer.
NFTs, a seemingly novel concept, have rapidly evolved from an obscure cryptographic novelty to a significant cultural and economic force. In this Liveplex publication, we explore the multifaceted nature of NFTs, covering their history, current applications, and future potential.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
NFT and tokenization have emerged as crucial elements in the digital world, revolutionizing the way we perceive and interact with digital assets. These innovative technologies have gained immense importance due to their ability to provide unique ownership and provenance to digital content, such as artwork, music, videos, and even virtual real estate.
By leveraging blockchain technology, NFTs ensure the scarcity, authenticity, and traceability of digital assets, allowing creators to monetize their work and collectors to own and trade these unique items securely.
A new technology has emerged recently which leverages the resiliency of the Internet to enable distributed transactions: bitCoin. One of the features of this technology is that it enables me to tell that a coin has been transferred–that a transaction has occured.
The era of transformation powered by digitization, improvements in information and
communication technology, machine learning, robotics and artificial intelligence is upon us.
Today, we are able to solve complex problems with the aid of technology. That notwithstanding,
animal populations globally are under threat, with the extinction of species taking place at a far
accelerated pace than can be reversed, thus making wildlife conservation a critical issue of our
time. Along with wildlife extinction currently underway, there remains a chronic financial
shortage for wildlife conservation and the funding shortfall is expanding annually. This research
contends that blockchain, the technology underpinning cryptocurrencies such as Bitcoin can be utilized as a catalyst for the development of crypto wildlife nonfungible tokens (NFTs), which are provably scarce, unique and programmable digital wildlife collectible assets. These could be
used to finance wildlife conservation as a supplementary source of revenue.
The era of transformation powered by digitization, improvements in information and
communication technology, machine learning, robotics and artificial intelligence is upon us.
Today, we are able to solve complex problems with the aid of technology. That notwithstanding,
animal populations globally are under threat, with the extinction of species taking place at a far
accelerated pace than can be reversed, thus making wildlife conservation a critical issue of our
time. Along with wildlife extinction currently underway, there remains a chronic financial
shortage for wildlife conservation and the funding shortfall is expanding annually. This research
contends that blockchain, the technology underpinning cryptocurrencies such as Bitcoin can be
utilized as a catalyst by the development of cryptowildlife nonfungible tokens (NFTs), which are
provably scarce, unique and programmable digital wildlife collectible assets. These could be
used to finance wildlife conservation as a supplementary source of revenue.
Digital Cash and Monetary Freedom - Libertarian Alliance (Economic Notes 63)Jon Matonis
Much has been published recently about the awesome promises of electronic commerce and trade on the Internet if only a reliable, secure mechanism for value exchange could be developed. This paper describes the differences between mere encrypted credit card schemes
and true digital cash, which presents a revolutionary opportunity to transform payments. The nine key elements
of an electronic, digital cash are outlined and a tenth element is proposed which would embody digital cash with a non- political unit of value.
Step by Step Guide to Make, Buy, Sell, Trade, and Invest in NFT, How to Become Rich in Your Teens by Investing in Bitcoin, Meme Coins, ICOs, NFTs, and Become A Successful Crypto Influencer.
NFTs, a seemingly novel concept, have rapidly evolved from an obscure cryptographic novelty to a significant cultural and economic force. In this Liveplex publication, we explore the multifaceted nature of NFTs, covering their history, current applications, and future potential.
Get Rich with Blockchain & Cryptocurrencykeerthi678722
Another year has passed and virtual currency and other blockchain-based digital
assets continue to attract the attention of policymakers across the globe. A lack of
consistency in how policymakers are addressing concerns raised by the technology
is a major challenge for legal professionals who practice in this area.
NFT and tokenization have emerged as crucial elements in the digital world, revolutionizing the way we perceive and interact with digital assets. These innovative technologies have gained immense importance due to their ability to provide unique ownership and provenance to digital content, such as artwork, music, videos, and even virtual real estate.
By leveraging blockchain technology, NFTs ensure the scarcity, authenticity, and traceability of digital assets, allowing creators to monetize their work and collectors to own and trade these unique items securely.
A new technology has emerged recently which leverages the resiliency of the Internet to enable distributed transactions: bitCoin. One of the features of this technology is that it enables me to tell that a coin has been transferred–that a transaction has occured.
The era of transformation powered by digitization, improvements in information and
communication technology, machine learning, robotics and artificial intelligence is upon us.
Today, we are able to solve complex problems with the aid of technology. That notwithstanding,
animal populations globally are under threat, with the extinction of species taking place at a far
accelerated pace than can be reversed, thus making wildlife conservation a critical issue of our
time. Along with wildlife extinction currently underway, there remains a chronic financial
shortage for wildlife conservation and the funding shortfall is expanding annually. This research
contends that blockchain, the technology underpinning cryptocurrencies such as Bitcoin can be utilized as a catalyst for the development of crypto wildlife nonfungible tokens (NFTs), which are provably scarce, unique and programmable digital wildlife collectible assets. These could be
used to finance wildlife conservation as a supplementary source of revenue.
The era of transformation powered by digitization, improvements in information and
communication technology, machine learning, robotics and artificial intelligence is upon us.
Today, we are able to solve complex problems with the aid of technology. That notwithstanding,
animal populations globally are under threat, with the extinction of species taking place at a far
accelerated pace than can be reversed, thus making wildlife conservation a critical issue of our
time. Along with wildlife extinction currently underway, there remains a chronic financial
shortage for wildlife conservation and the funding shortfall is expanding annually. This research
contends that blockchain, the technology underpinning cryptocurrencies such as Bitcoin can be
utilized as a catalyst by the development of cryptowildlife nonfungible tokens (NFTs), which are
provably scarce, unique and programmable digital wildlife collectible assets. These could be
used to finance wildlife conservation as a supplementary source of revenue.
Digital Cash and Monetary Freedom - Libertarian Alliance (Economic Notes 63)Jon Matonis
Much has been published recently about the awesome promises of electronic commerce and trade on the Internet if only a reliable, secure mechanism for value exchange could be developed. This paper describes the differences between mere encrypted credit card schemes
and true digital cash, which presents a revolutionary opportunity to transform payments. The nine key elements
of an electronic, digital cash are outlined and a tenth element is proposed which would embody digital cash with a non- political unit of value.
The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for all types of verification. Could it replace notary publics, manual vote recounts, and the way banks manage transactions?
Discussion Personal and Professional Social Work ValuesHetero.docxduketjoy27252
Discussion: Personal and Professional Social Work Values
Heterosexism is defined as "the discrimination or prejudice by heterosexuals against homosexuals" (merriam-webster.com) and is predicated on the belief that being heterosexual is the norm and the only accepted type of relationship.
Everyday heterosexism is exemplified in our media, our policies, and daily practices. By making these assumptions, social workers can be in part culpable for the oppression and marginalization experienced by the LGBTQ community.
As a profession, social work embraces diversity and strives to ensure equal rights for all. The National Association of Social Workers (NASW) is committed to supporting the needs of these groups and, in turn, they created the National Committee on Gay, Lesbian, Bisexual and Transgender Issues. During this week's discussion, you will be asked to consider how one's own personal views on sexual orientation may clash with the profession's stance.
Post a scenario of how a social worker's personal, ethical, and moral values in relation to the LGBTQ community might conflict with those of their clients. Explain the distinction between personal ethics and values and professional ethics and values evident in the social work profession in addressing this community. Be specific and explain how this distinction relates to the scenario you posted. Also, explain how prejudice and bias might create barriers to fulfilling your professional responsibility to the LGBTQ community.
References:
Adams, M., Blumenfeld, W. J., Castaneda, C., Catalano, D. C. J., DeJong, K., Hackman, H. W,... Zuniga, X. (Eds.). (2018). Readings for diversity and social justice (4th ed.). New York, NY: Routledge Press.
· Chapter 73, The interSEXion: queer progressive agenda (pp. 391-394)
· Chapter 66, Privilege (pp. 367-370)
· Chapter 69, Women & LGBT people under attack: 1903s and now (pp. 378-381)
· Chapter 85, Mestiza/o gender: Notes toward transformative masculinity (pp. 434-439)
· Chapter 72, Introduction-How sex changed: A history of transsexuality (pp. 388-390)
· Chapter 76, Transgender liberation (pp. 400-403)
· Chapter 81, Mutilating gender (pp. 419-425)
· Chapter 83, Trans woman manifesto (pp. 429-432)
· Chapter 77, The Impact of juvenile court on Queer and trans/gender non-conforming youth (pp. 403-406)
Running head: Bitcoin as a cryptocurrency 1
Bitcoin as a cryptocurrency 8Bitcoin as a Cryptocurrency of Misconduct
Roger F. Lewis
Miami Dade College-North Campus
June 5, 2019
Bitcoin as a Cryptocurrency of Misconduct
In the expansion of cryptocurrencies in particular bitcoins have resulted in providing clients with exceptional advantages, the advantages in this matter have not had their hazards and struggles. In the peculiar free mode in the cryptocurrency arcade, it has been in constant misuse and linked to several illegal activities. Lawmakers globally repetitively stumble upon this very position (Anon,2019). The tendency on allowing a market to settle on i.
Metaverse And Its Link With NFTs
Technologies are meant to resolve prevailing issues of the world and bring radicalchanges. Evolving technology blurs the gap between reality and the virtual world, whichhelps revolutionary tech trends such as web 3 and Metaverse to develop.
https://www.leewayhertz.com/metaverse-and-nfts/
Metaverse, NFTs, our Metaverse team, NFT avatars, NFT marketplace, Technologies
#Metaverse #NFTs #ourMetaverse #team #NFTavatars #NFTmarketplace #Technologies
Where are we going? DLT & Blockchain Legal Philip Vasquez
In this talk, Philip will be drawing from his experiences to cover the common legal and regulatory pain points that distributed ledger technology projects and token generating events (also known as ICOs) face in Europe and around the world. He will also discuss how investment funds are being structured to invest in DLT projects and tokenised economies, and trends that are starting to emerge in such investments. Philip will also discuss how digital assets and the results of a tokenised economy will require us as individuals, businesses and lawyers to manage and enforce rights over digital assets in different ways.
Cryptocurrency-recommended coins and purposeswatt promj
Top 5 Cryptocurrencies - Recommended For Long-Term Investment
If you have no crypto assets yet, here are the coins I recommend for long-term holding, to make sure you end up making profits in time.
Although I am not giving financial advice, if I were to start investing
in crypto these days as a beginner, these 5 coins would be my picks considering each of the coins has a utility.
These coins will be around for the next 10-20 years at least. This means if you hold these coins for a long time, you will see gains as years go by. The longer you will hold these coins, the more money you will make, that goes without saying.
Web3 (or Web 3.0) is the next version of the Web. Because Web3 is just a concept, there are many, often conflicting, ideas about how it should look. Various companies emerged as leading companies in the field of web3.0
my whitepsaper ""Martin, Andy, The Token Economy (October 16, 2021). Available at SSRN: https://ssrn.com/abstract=3972111 or http://dx.doi.org/10.2139/ssrn.3972111 ""
The NFT And Metaverse Investing Book : Beginners Guide To Making Money In Vir...Lucky Gods
Dive into the future of finance with The NFT & Metaverse Investing Book! Unlock hidden treasures in virtual real estate, ️ collect and trade unique digital art, ️ conquer play-to-earn games, and harness the power of blockchain technology! ✨ This beginner's guide is your key to building wealth in the Metaverse!
Initial Coin Offerings – legal requirements and types of tokensEspeo Software
Evaluation of the legal nature of projects funded with ICOs is extremely important to define the legal and tax characteristics of tokens. The legal qualification of a token has practical implications for the legal status of its creator, token trading rules and other entities (buyers of tokens or intermediaries in their trade). Presentation will focus on legal types of tokens, specific requirements for ICO’s promoters and attitude of regulatory authorities towards token crowdsales in individual countries.
Metaverse, one of the effects of technology’s continuous progress, in what appears to be a chapter of a classic science fiction novel. Here are new trends of Metaverse.
The Best Examples Of DAOs Everyone Should Know AboutBernard Marr
There is a lot of hype around Decentralized Autonomous Organizations (DAOs), as a key element of the metaverse and web3. Here we look at the best practical examples of DAOs.
If you have heard of mutual funds or ETFs then certainly you can relate to Crypto Structured products. Besides, there are derivatives in digital currencies that are tokenized in order to hedge risks and control volatility.
I performed a 3-hour educational session at Etopía, Zaragoza, for artists enrolled in the ARTeCHÓ international program. I shared important internal details about smart contracts, the ERC-721 standard, and how to link market and NFT contracts.
What are NFTs?
Non-fungible tokens (NFTs) are unique digital assets that are verified on a blockchain network. This means that NFTs cannot be replicated or replaced, and they can be used to represent ownership of digital items such as artwork, music, videos, and other types of digital content.
How do NFTs work?
NFTs are created by minting them on a blockchain. Minting is the process of creating a new token and adding it to the blockchain. Once an NFT is minted, it cannot be changed or deleted.
To mint an NFT, you will need to create a digital wallet and connect it to a blockchain marketplace. Once you have connected your wallet, you can upload your digital file and create an NFT listing.
When someone purchases your NFT, the transaction will be recorded on the blockchain and the NFT will be transferred to their wallet. The new owner of the NFT will now have full ownership of the digital asset.
What are the benefits of NFTs?
Ownership: NFTs provide a way to prove ownership of digital assets. This is important because digital assets can be easily copied and distributed without the owner's permission.
Monetization: NFTs can be used to monetize digital content. For example, artists can sell their artwork as NFTs, and musicians can sell their music as NFTs.
Community: NFTs can be used to build communities around digital assets. For example, a group of fans could purchase an NFT from their favorite artist, and this would give them access to exclusive content or experiences.
Examples of NFTs
Artwork: One of the most popular uses of NFTs is to represent ownership of digital artwork. Some famous artists have sold their artwork as NFTs for millions of dollars.
Music: NFTs can also be used to represent ownership of digital music. Some musicians have sold their music as NFTs, and this has allowed them to bypass traditional record labels and connect directly with their fans.
Videos: NFTs can also be used to represent ownership of digital videos. For example, some video game companies have sold in-game items as NFTs.
Collectibles: NFTs can also be used to represent ownership of digital collectibles. For example, some sports leagues have sold trading cards as NFTs.
Conclusion
NFTs are a new and emerging technology with the potential to revolutionize the way we own and interact with digital assets. NFTs are still in their early stages of development, but they have the potential to change the way we create, consume, and invest in digital content.
Additional Information
The slides also included information on the following topics:
The different types of NFTs
How to create and sell NFTs
The different blockchain platforms that support NFTs
The environmental impact of NFTs
The future of NFTs
The Evolutionary Journey of Non-Fungible Tokens A Comprehensive Insight.pdfLiveplex
Non-Fungible Tokens (NFTs) have become a buzzword in the tech industry, especially in the context of Web 3.0—a decentralized internet built on blockchain technology. Initially dismissed as a fad, NFTs have evolved into a multi-billion-dollar market, encompassing everything from digital art and collectibles to virtual real estate and even intellectual property. The concept of NFTs isn't entirely new. Digital collectibles have existed in various forms for years, from in-game items in video games to digital trading cards. However, the introduction of blockchain technology provided a secure, transparent platform for these digital assets, ensuring their uniqueness and ownership. Early adopters were quick to tokenize digital art, memes, and even tweets, selling them for astonishing prices. Blockchain technology is the backbone of NFTs. Unlike traditional digital files, which can be easily copied and shared, NFTs are unique digital assets verified through blockchain. This ensures the provenance and ownership of the asset, making it truly "non-fungible." The decentralized nature of blockchain also means that NFTs are not controlled by a single entity, adding another layer of value to these digital assets.As the NFT market matured, its applications expanded beyond digital collectibles. Virtual real estate became a hot commodity, with platforms like Decentraland and Sandbox offering digital parcels of land as NFTs. These virtual spaces are not just pixels on a screen; they are platforms for social interaction, advertising, and even e-commerce, making them valuable assets in the digital economy.As the NFT market matured, its applications expanded beyond digital collectibles. Virtual real estate became a hot commodity, with platforms like Decentraland and Sandbox offering digital parcels of land as NFTs. These virtual spaces are not just pixels on a screen; they are platforms for social interaction, advertising, and even e-commerce, making them valuable assets in the digital economy. Web 3.0 aims to create a decentralized internet, where users have control over their data and transactions. NFTs fit perfectly into this vision, offering a way to establish digital ownership in a decentralized environment. As Web 3.0 platforms continue to evolve, expect NFTs to play an increasingly significant role in shaping the digital landscape.The NFT market is still in its infancy, and its full potential is yet to be realized. As technology advances and the Web 3.0 ecosystem matures, NFTs are likely to evolve in ways we can't even imagine today. They could become the standard for digital ownership, extending into areas like identity verification, academic credentials, and much more.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
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The distributed ledger technology that started with bitcoin is rapidly becoming a crowdsourced system for all types of verification. Could it replace notary publics, manual vote recounts, and the way banks manage transactions?
Discussion Personal and Professional Social Work ValuesHetero.docxduketjoy27252
Discussion: Personal and Professional Social Work Values
Heterosexism is defined as "the discrimination or prejudice by heterosexuals against homosexuals" (merriam-webster.com) and is predicated on the belief that being heterosexual is the norm and the only accepted type of relationship.
Everyday heterosexism is exemplified in our media, our policies, and daily practices. By making these assumptions, social workers can be in part culpable for the oppression and marginalization experienced by the LGBTQ community.
As a profession, social work embraces diversity and strives to ensure equal rights for all. The National Association of Social Workers (NASW) is committed to supporting the needs of these groups and, in turn, they created the National Committee on Gay, Lesbian, Bisexual and Transgender Issues. During this week's discussion, you will be asked to consider how one's own personal views on sexual orientation may clash with the profession's stance.
Post a scenario of how a social worker's personal, ethical, and moral values in relation to the LGBTQ community might conflict with those of their clients. Explain the distinction between personal ethics and values and professional ethics and values evident in the social work profession in addressing this community. Be specific and explain how this distinction relates to the scenario you posted. Also, explain how prejudice and bias might create barriers to fulfilling your professional responsibility to the LGBTQ community.
References:
Adams, M., Blumenfeld, W. J., Castaneda, C., Catalano, D. C. J., DeJong, K., Hackman, H. W,... Zuniga, X. (Eds.). (2018). Readings for diversity and social justice (4th ed.). New York, NY: Routledge Press.
· Chapter 73, The interSEXion: queer progressive agenda (pp. 391-394)
· Chapter 66, Privilege (pp. 367-370)
· Chapter 69, Women & LGBT people under attack: 1903s and now (pp. 378-381)
· Chapter 85, Mestiza/o gender: Notes toward transformative masculinity (pp. 434-439)
· Chapter 72, Introduction-How sex changed: A history of transsexuality (pp. 388-390)
· Chapter 76, Transgender liberation (pp. 400-403)
· Chapter 81, Mutilating gender (pp. 419-425)
· Chapter 83, Trans woman manifesto (pp. 429-432)
· Chapter 77, The Impact of juvenile court on Queer and trans/gender non-conforming youth (pp. 403-406)
Running head: Bitcoin as a cryptocurrency 1
Bitcoin as a cryptocurrency 8Bitcoin as a Cryptocurrency of Misconduct
Roger F. Lewis
Miami Dade College-North Campus
June 5, 2019
Bitcoin as a Cryptocurrency of Misconduct
In the expansion of cryptocurrencies in particular bitcoins have resulted in providing clients with exceptional advantages, the advantages in this matter have not had their hazards and struggles. In the peculiar free mode in the cryptocurrency arcade, it has been in constant misuse and linked to several illegal activities. Lawmakers globally repetitively stumble upon this very position (Anon,2019). The tendency on allowing a market to settle on i.
Metaverse And Its Link With NFTs
Technologies are meant to resolve prevailing issues of the world and bring radicalchanges. Evolving technology blurs the gap between reality and the virtual world, whichhelps revolutionary tech trends such as web 3 and Metaverse to develop.
https://www.leewayhertz.com/metaverse-and-nfts/
Metaverse, NFTs, our Metaverse team, NFT avatars, NFT marketplace, Technologies
#Metaverse #NFTs #ourMetaverse #team #NFTavatars #NFTmarketplace #Technologies
Where are we going? DLT & Blockchain Legal Philip Vasquez
In this talk, Philip will be drawing from his experiences to cover the common legal and regulatory pain points that distributed ledger technology projects and token generating events (also known as ICOs) face in Europe and around the world. He will also discuss how investment funds are being structured to invest in DLT projects and tokenised economies, and trends that are starting to emerge in such investments. Philip will also discuss how digital assets and the results of a tokenised economy will require us as individuals, businesses and lawyers to manage and enforce rights over digital assets in different ways.
Cryptocurrency-recommended coins and purposeswatt promj
Top 5 Cryptocurrencies - Recommended For Long-Term Investment
If you have no crypto assets yet, here are the coins I recommend for long-term holding, to make sure you end up making profits in time.
Although I am not giving financial advice, if I were to start investing
in crypto these days as a beginner, these 5 coins would be my picks considering each of the coins has a utility.
These coins will be around for the next 10-20 years at least. This means if you hold these coins for a long time, you will see gains as years go by. The longer you will hold these coins, the more money you will make, that goes without saying.
Web3 (or Web 3.0) is the next version of the Web. Because Web3 is just a concept, there are many, often conflicting, ideas about how it should look. Various companies emerged as leading companies in the field of web3.0
my whitepsaper ""Martin, Andy, The Token Economy (October 16, 2021). Available at SSRN: https://ssrn.com/abstract=3972111 or http://dx.doi.org/10.2139/ssrn.3972111 ""
The NFT And Metaverse Investing Book : Beginners Guide To Making Money In Vir...Lucky Gods
Dive into the future of finance with The NFT & Metaverse Investing Book! Unlock hidden treasures in virtual real estate, ️ collect and trade unique digital art, ️ conquer play-to-earn games, and harness the power of blockchain technology! ✨ This beginner's guide is your key to building wealth in the Metaverse!
Initial Coin Offerings – legal requirements and types of tokensEspeo Software
Evaluation of the legal nature of projects funded with ICOs is extremely important to define the legal and tax characteristics of tokens. The legal qualification of a token has practical implications for the legal status of its creator, token trading rules and other entities (buyers of tokens or intermediaries in their trade). Presentation will focus on legal types of tokens, specific requirements for ICO’s promoters and attitude of regulatory authorities towards token crowdsales in individual countries.
Metaverse, one of the effects of technology’s continuous progress, in what appears to be a chapter of a classic science fiction novel. Here are new trends of Metaverse.
The Best Examples Of DAOs Everyone Should Know AboutBernard Marr
There is a lot of hype around Decentralized Autonomous Organizations (DAOs), as a key element of the metaverse and web3. Here we look at the best practical examples of DAOs.
If you have heard of mutual funds or ETFs then certainly you can relate to Crypto Structured products. Besides, there are derivatives in digital currencies that are tokenized in order to hedge risks and control volatility.
I performed a 3-hour educational session at Etopía, Zaragoza, for artists enrolled in the ARTeCHÓ international program. I shared important internal details about smart contracts, the ERC-721 standard, and how to link market and NFT contracts.
What are NFTs?
Non-fungible tokens (NFTs) are unique digital assets that are verified on a blockchain network. This means that NFTs cannot be replicated or replaced, and they can be used to represent ownership of digital items such as artwork, music, videos, and other types of digital content.
How do NFTs work?
NFTs are created by minting them on a blockchain. Minting is the process of creating a new token and adding it to the blockchain. Once an NFT is minted, it cannot be changed or deleted.
To mint an NFT, you will need to create a digital wallet and connect it to a blockchain marketplace. Once you have connected your wallet, you can upload your digital file and create an NFT listing.
When someone purchases your NFT, the transaction will be recorded on the blockchain and the NFT will be transferred to their wallet. The new owner of the NFT will now have full ownership of the digital asset.
What are the benefits of NFTs?
Ownership: NFTs provide a way to prove ownership of digital assets. This is important because digital assets can be easily copied and distributed without the owner's permission.
Monetization: NFTs can be used to monetize digital content. For example, artists can sell their artwork as NFTs, and musicians can sell their music as NFTs.
Community: NFTs can be used to build communities around digital assets. For example, a group of fans could purchase an NFT from their favorite artist, and this would give them access to exclusive content or experiences.
Examples of NFTs
Artwork: One of the most popular uses of NFTs is to represent ownership of digital artwork. Some famous artists have sold their artwork as NFTs for millions of dollars.
Music: NFTs can also be used to represent ownership of digital music. Some musicians have sold their music as NFTs, and this has allowed them to bypass traditional record labels and connect directly with their fans.
Videos: NFTs can also be used to represent ownership of digital videos. For example, some video game companies have sold in-game items as NFTs.
Collectibles: NFTs can also be used to represent ownership of digital collectibles. For example, some sports leagues have sold trading cards as NFTs.
Conclusion
NFTs are a new and emerging technology with the potential to revolutionize the way we own and interact with digital assets. NFTs are still in their early stages of development, but they have the potential to change the way we create, consume, and invest in digital content.
Additional Information
The slides also included information on the following topics:
The different types of NFTs
How to create and sell NFTs
The different blockchain platforms that support NFTs
The environmental impact of NFTs
The future of NFTs
The Evolutionary Journey of Non-Fungible Tokens A Comprehensive Insight.pdfLiveplex
Non-Fungible Tokens (NFTs) have become a buzzword in the tech industry, especially in the context of Web 3.0—a decentralized internet built on blockchain technology. Initially dismissed as a fad, NFTs have evolved into a multi-billion-dollar market, encompassing everything from digital art and collectibles to virtual real estate and even intellectual property. The concept of NFTs isn't entirely new. Digital collectibles have existed in various forms for years, from in-game items in video games to digital trading cards. However, the introduction of blockchain technology provided a secure, transparent platform for these digital assets, ensuring their uniqueness and ownership. Early adopters were quick to tokenize digital art, memes, and even tweets, selling them for astonishing prices. Blockchain technology is the backbone of NFTs. Unlike traditional digital files, which can be easily copied and shared, NFTs are unique digital assets verified through blockchain. This ensures the provenance and ownership of the asset, making it truly "non-fungible." The decentralized nature of blockchain also means that NFTs are not controlled by a single entity, adding another layer of value to these digital assets.As the NFT market matured, its applications expanded beyond digital collectibles. Virtual real estate became a hot commodity, with platforms like Decentraland and Sandbox offering digital parcels of land as NFTs. These virtual spaces are not just pixels on a screen; they are platforms for social interaction, advertising, and even e-commerce, making them valuable assets in the digital economy.As the NFT market matured, its applications expanded beyond digital collectibles. Virtual real estate became a hot commodity, with platforms like Decentraland and Sandbox offering digital parcels of land as NFTs. These virtual spaces are not just pixels on a screen; they are platforms for social interaction, advertising, and even e-commerce, making them valuable assets in the digital economy. Web 3.0 aims to create a decentralized internet, where users have control over their data and transactions. NFTs fit perfectly into this vision, offering a way to establish digital ownership in a decentralized environment. As Web 3.0 platforms continue to evolve, expect NFTs to play an increasingly significant role in shaping the digital landscape.The NFT market is still in its infancy, and its full potential is yet to be realized. As technology advances and the Web 3.0 ecosystem matures, NFTs are likely to evolve in ways we can't even imagine today. They could become the standard for digital ownership, extending into areas like identity verification, academic credentials, and much more.
How to Obtain Permanent Residency in the NetherlandsBridgeWest.eu
You can rely on our assistance if you are ready to apply for permanent residency. Find out more at: https://immigration-netherlands.com/obtain-a-permanent-residence-permit-in-the-netherlands/.
Military Commissions details LtCol Thomas Jasper as Detailed Defense CounselThomas (Tom) Jasper
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Every year, thousands of Minnesotans are injured in car accidents. These injuries can be severe – even life-changing. Under Minnesota law, you can pursue compensation through a personal injury lawsuit.
WINDING UP of COMPANY, Modes of DissolutionKHURRAMWALI
Winding up, also known as liquidation, refers to the legal and financial process of dissolving a company. It involves ceasing operations, selling assets, settling debts, and ultimately removing the company from the official business registry.
Here's a breakdown of the key aspects of winding up:
Reasons for Winding Up:
Insolvency: This is the most common reason, where the company cannot pay its debts. Creditors may initiate a compulsory winding up to recover their dues.
Voluntary Closure: The owners may decide to close the company due to reasons like reaching business goals, facing losses, or merging with another company.
Deadlock: If shareholders or directors cannot agree on how to run the company, a court may order a winding up.
Types of Winding Up:
Voluntary Winding Up: This is initiated by the company's shareholders through a resolution passed by a majority vote. There are two main types:
Members' Voluntary Winding Up: The company is solvent (has enough assets to pay off its debts) and shareholders will receive any remaining assets after debts are settled.
Creditors' Voluntary Winding Up: The company is insolvent and creditors will be prioritized in receiving payment from the sale of assets.
Compulsory Winding Up: This is initiated by a court order, typically at the request of creditors, government agencies, or even by the company itself if it's insolvent.
Process of Winding Up:
Appointment of Liquidator: A qualified professional is appointed to oversee the winding-up process. They are responsible for selling assets, paying off debts, and distributing any remaining funds.
Cease Trading: The company stops its regular business operations.
Notification of Creditors: Creditors are informed about the winding up and invited to submit their claims.
Sale of Assets: The company's assets are sold to generate cash to pay off creditors.
Payment of Debts: Creditors are paid according to a set order of priority, with secured creditors receiving payment before unsecured creditors.
Distribution to Shareholders: If there are any remaining funds after all debts are settled, they are distributed to shareholders according to their ownership stake.
Dissolution: Once all claims are settled and distributions made, the company is officially dissolved and removed from the business register.
Impact of Winding Up:
Employees: Employees will likely lose their jobs during the winding-up process.
Creditors: Creditors may not recover their debts in full, especially if the company is insolvent.
Shareholders: Shareholders may not receive any payout if the company's debts exceed its assets.
Winding up is a complex legal and financial process that can have significant consequences for all parties involved. It's important to seek professional legal and financial advice when considering winding up a company.
ASHWINI KUMAR UPADHYAY v/s Union of India.pptxshweeta209
transfer of the P.I.L filed by lawyer Ashwini Kumar Upadhyay in Delhi High Court to Supreme Court.
on the issue of UNIFORM MARRIAGE AGE of men and women.
Introducing New Government Regulation on Toll Road.pdfAHRP Law Firm
For nearly two decades, Government Regulation Number 15 of 2005 on Toll Roads ("GR No. 15/2005") has served as the cornerstone of toll road legislation. However, with the emergence of various new developments and legal requirements, the Government has enacted Government Regulation Number 23 of 2024 on Toll Roads to replace GR No. 15/2005. This new regulation introduces several provisions impacting toll business entities and toll road users. Find out more out insights about this topic in our Legal Brief publication.
NATURE, ORIGIN AND DEVELOPMENT OF INTERNATIONAL LAW.pptxanvithaav
These slides helps the student of international law to understand what is the nature of international law? and how international law was originated and developed?.
The slides was well structured along with the highlighted points for better understanding .
RIGHTS OF VICTIM EDITED PRESENTATION(SAIF JAVED).pptxOmGod1
Victims of crime have a range of rights designed to ensure their protection, support, and participation in the justice system. These rights include the right to be treated with dignity and respect, the right to be informed about the progress of their case, and the right to be heard during legal proceedings. Victims are entitled to protection from intimidation and harm, access to support services such as counseling and medical care, and the right to restitution from the offender. Additionally, many jurisdictions provide victims with the right to participate in parole hearings and the right to privacy to protect their personal information from public disclosure. These rights aim to acknowledge the impact of crime on victims and to provide them with the necessary resources and involvement in the judicial process.
Abdul Hakim Shabazz Deposition Hearing in Federal Court
The Trademark Lawyer Annual 2023 | LS Davar
1. T
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GLOBAL REACH, LOCAL KNOWLEDGE
The
www.trademarklawyermagazine.com
Statutory damages provide
key enforcement mechanism
to curb counterfeiters
Nicholas J. Nowak, Matthew M. Zuziak and Will Rodenberg of Sterne, Kessler,
Goldstein & Fox PLLC and Charles Hawkins, General Counsel, Intellectual
Property & Litigation at Volkswagen Group of America, Inc., report on the
Verotec Wheels, Inc. case that has solidified the structure for statutory damages.
The
territoriality
myth
Page 17
Cultural
misappropriation
Page 20
Lawyer Annual 2023
DEI:
disability
Page 76
2. 68 THE TRADEMARK LAWYER CTC Legal Media
T
he metaverse and associated concepts,
such as NFTs (non-fungible tokens), block-
chain, and cryptocurrency have become
very trendy topics for discussion in recent days,
mostly owing to their meteoric rise in popularity
over the course of the last couple of years. With
the third generation of the World Wide Web,
commonly known as “Web 3.0”, being touted as
revolutionizing the waywe communicate, interact
and live our lives virtually, the role of their
foundational concepts, such as blockchain-
based currencies, or cryptocurrencies, and
digital assets such as NFTs, have also generated
a great deal of interest, especially in the space
of opening up novel avenues for investment and
revenue generation.
As the metaverse and its related concepts
have been much debated in recent times, We
shall not examine definitions or its basic principles
here. We are looking, instead, to engage in a
conversation regarding the fluctuating perception
and public trust in these concepts over the last
two years.
Role of Cryptocurrencies and
NFTs in the Metaverse
The core of Web 3.0 is built on the blockchain.
Therefore, blockchain-based digital assets, such
as cryptocurrencies and NFTs, which are unique,
indivisible and immutable, and are accordingly
a logical progression into tapping the unlimited
trading opportunities offered by the metaverse.
Although NFTs and cryptocurrency function on
the same basic principles, they are not exactly
interchangeable. At the outset, while crypto-
currency units are fungible (i.e., any unit of Bitcoin
or Ethereum can be substituted or replaced by
any other unit), every NFT needs to be unique,
or non-fungible, in order to have value. NFTs,
due to their intrinsically unique nature, can have
multiple uses as source identifiers or verifiers,
while the intention behind cryptocurrency
remains as a medium of exchange.
Nevertheless, cryptocurrencies (or perhaps a
moreadvancedfutureversionofthem)areintended
as being the sole operative currency in the
metaverse. At the moment, one can use one’s
own cryptocurrency, either mined or bought
against the value of actual fiat currencies, but
the eventual intention within the metaverse
space is to make cryptocurrency independent
of actual fiat government-backed currencies so
that the metaverse will essentially have an
independent, alternate functioning economy.
Metaverse, NFTs and IP
The metaverse and its potential in marketing and
commerce is something no company can afford
to ignore. Even before it has fully taken off, the
metaverse looks set to reshape the fundamentals
of consumer culture, and by extension,
marketing.
The intangible assets
of the future: NFTs
and cryptocurrency
in the metaverse
Joshita Davar Khemani
INTANGIBLE ASSETS IN THE METAVERSE
Joshita Davar Khemani, and co-authors Kajal Sinha and Ragini Ghosh, of
L.S. Davar & Co. evaluate the developments of NFTs and cryptocurrency in
the metaverse to assess the impact they could have on the IP industry.
1
AM General LLC v Activision
Blizzard, Inc., United States
District Court, Southern
District of New York, 2017
2
Devised in the case of
Rogers v Grimaldi 875 F.2d
994 (2d Cir. 1989)- It has
two elements: first, it seeks
to determine if the use of
the trademark is
“artistically relevant to the
defendant’s work,” and
second, if such use is
“explicitly misleading.”
3. INTANGIBLE
ASSETS
IN
THE
METAVERSE
69
CTC Legal Media THE TRADEMARK LAWYER
Everything we have come to accept in the
physical space will have a digital iteration or
avatar. From user identity (transmuting into a
digitalavatarforthe online space) to collaborating
in a digital workspace with colleagues who may
be half a world away, to shopping, to attending
events, to owning virtual assets, etc. Ownership
and experiences will move online, and in order
to grant them legitimacy, they will need to be
adequately protected and guarded against
misuse and misappropriation. Given that the
metaverse exists exclusively in the virtual space,
all properties and assets acquired therein will
similarly be virtual, i.e., intangible. Intellectual
property law, therefore, has a unique opportunity
to broaden its scope to provide protection in
respect of what is likely to become extremely
valuable assets in the near future.
While the basic principles of IP law are set to
operate even in the metaverse (IP has been
dealing with digital encroachments for a couple
of decades now), the virtual space does throw
up its own set of unique challenges facing any
form of legal enforcement within it. For example,
the primary question of jurisdiction. In whose
jurisdiction does policing the metaverse fall? In
the case of a wrongful acquisition of a digital
asset, who can be blamed, what is the actual
severity of the crime, and what are the likely
consequences going to look like? With such a
nascent technology, no specific laws have yet
been set in place, as lawmakers are only
beginning to understand the nature of the entity
they are expected to regulate.
The still ongoing MetaBirkins dispute, raised
by the premium luxury brand Hermès against a
content creator, Mason Rothschild, against digital
variants of their famous designer Birkin bags,
will stand as a pioneering judgment in terms of
defining legal jurisdiction with respect to NFTs
in the metaverse vis-à-vis intellectual property
rights. Conflict within the metaverse, for
example, Nike suing the virtual online sneaker
exchange, StockX, for displaying NFTs of Nike
branded sneakers without securing adequate
permissions from Nike, on the grounds of
trademark infringement and dilution, underline
that prominent brands are intent, from the very
outset, on protecting their intellectual property
in virtual goods in the metaverse. Precedents
arising out of other digital content, such as
those prevalent in video games or on websites,
can serve as guiding lights in deciding IP
disputes in the metaverse. For example, in the
famous Humvee case1
the Rogers test2
,
established to determine whether the use of a
trademark requires prior authorization, was
upheld and applied to the dispute regarding the
representation of the famous Humvee military
Résumé
Dr. Joshita Davar Khemani is the Managing Partner at L.S. Davar & Co.
with a demonstrated history of working in the legal services industry
for 33-plus years. Skilled in client relationships, litigation, management,
intellectual property and trademarks.
Dr. Davar Khemani, granddaughter of the Founder Partner, the Late
Mr. L.S. Davar, is an experienced Legal Professional with a Degree in
Law. A keen philanthropist with an interest in education and healthcare
for the poor and the underprivileged.
Dr. Davar Khemani can communicate fluently in English, French and
many Indian Languages. She has been adjudged not only as one of
the Top 100 Powerful Women in Law but also holds a Certificate of
Excellence and several Awards from Forbes India for her invaluable
services in the field of Innovation & IP.
NFTs, due
to their
intrinsically
unique
nature,
can have
multiple uses
as source
identifiers
or verifiers.
”
“
4. 70 THE TRADEMARK LAWYER CTC Legal Media
”
The
metaverse
looks set to
reshape the
fundamentals
of consumer
culture, and
by extension,
marketing.
“
INTANGIBLE ASSETS IN THE METAVERSE
case remains pending, as of date.
Until formal legislation comes into place, the
metaverse, as it is, stands governed solely by
terms and conditions laid down by private and
corporate players currently involved in building
the infrastructure of the metaverse. For example,
Meta’s Terms of Service for Horizon Worlds, its
curated metaverse, which does not adhere to a
public blockchain, or allow the private purchase
of virtual domains or plots within it, are built upon
the general guidelines in place for infringement
of intellectual property otherwise, and leaves
Meta with sole discretion to disable or remove
user content or accounts found to be in violation
of the terms. This also limits the availability of
different reliefs for an affected party.
Another structure providing recourse is a DAO,
or a Decentralized Autonomous Organization,
whereby instead of authority being confined to
a single entity, decision-making is also distributed
among the members of the metaverse by way
of votes, allotted on the basis of ownership of
assets (which opens another set of questions
regarding diverting to a digital feudal authority
structure). Decentral and, one of the most
popular metaverses available today, has a DAO
in place to govern potential issues of IP
infringement. For the time being, however, their
role and parameters of operation appear to be
similar to a single entity deciding to remove
content based upon sole discretion (such as
Meta), and relief remains restricted solely to
having any offending content removed or
taken down.
The major tech players, such as Meta,
Adobe, Microsoft, Epic Games, Ikea,
Sony, Nvidia, etc. have come
together in June 2022 to create
the Metaverse Standards Forum
(MSF) aimed at fostering the
development ofopen standards
for interoperability of systems
creating the metaverse. While
their stated principalgoalis promoting
and coordinating Standards Developing
Organizations, such as the Academy
Software Foundation, Spatial Web
Foundation, Open Geospatial Consort-
ium, etc., in developing the standards
needed to actually build the meta-
verse space, their efforts are likely to
set benchmarks for interpreting and
establishing rights, accreditation and
(virtual) territoriality within the metaverse.
NFTs, as non-fungible unique identifiers,
are capable of being protected, for the
time being, under the laws of copyright
and trademark. However, this range of
protection is limited to their comprising
of artistic or literary works, or an
vehicle in the video game, Call of Duty. The
court ruled in favor of the defendants, citing that
the game aimed to realistically simulate modern
warfare, and therefore the authentic depiction
of equipment, including their associated trade-
marks, had artistic value and could be allowed.
Problem areas, such as identity theft, sexual
harassment in the metaverse, and fraudulent
scams featuring cryptocurrencies, have already
been identified. Further, the terms governing the
privacy of user data in the hands of companies
acting in the metaverse are anothergrave concern.
NFTs operate on the immutable structure of
blockchains. As a result, once information has
been fed into it, it can never really be deleted,
without compromising the entire structural
integrity of the chain, which will risk all other
sensitive information contained within it. However,
possible and tangible practical solutions to these
problems, especially as may be prescribed by
future legislation is not yet at hand. It is a notable
area of concern and attention for law and
policymakers in both developed and developing
economies.
One solution to regulate NFT transactions
between private parties is by way of open-
source standard licensing. The licenses, already
being offered by several entities/organizations,
can quite easily be customized to suit the specific
requirements of the licensing parties, as long as
due accreditation is attributed. However, it needs
to always be kept in mind that these licenses
will be regulating the coded NFT linked to a
particular piece of media (be it artwork, a
video, etc.), and cannot provide rights or
license to amend the copyrighted work
in itself. Forthat, additionalpermissions
must be obtained from the content
creators themselves. But in cases
where the copyright in a work
has already been assigned, it is
now open for the assignees to
mint NFTs linked to such work as
a way of generating additional
revenue therefrom. Tamarind LLC, a
NewYork-based art gallery that had purchased
a 60 ft. long mural, known as Lightning, from
late renowned Indian artist M.F. Hussain in
2002, and had recently been issued a cease
and desist from the late artist’s estate for
announcing that they intended to issue
a series of NFTs linked to the artwork,
contested the claim by way of a
complaint before the NewYork Federal
Court stating that by selling his
artwork, the late artist had,
in fact, relinquished all
ownership, including of
the intellectual property
incumbent in it. The
5. 71
CTC Legal Media THE TRADEMARK LAWYER
”
Instead of
authority
being
confined to a
single entity,
decision-
making is
also
distributed
among the
members of
the
metaverse by
way of votes.
“
Contact
L.S. Davar & Co.
Globsyn Crystals,Tower 1, 2nd Floor, Block EP,Plot No.11 & 12,
Salt Lake, Sector V, Kolkata 700 091, India
Tel: + 91 (033)23571010
mailinfo@lsdavar.in
www.lsdavar.com
INTANGIBLE
ASSETS
IN
THE
METAVERSE
otherwise known or registered trademark.
When, for example, deeds for virtual property
are converted into NFTs, the situation becomes
complicated. Can such NFTs be identified as
contracts and come under the ambit of
commercial contract law? Plots of virtual land in
the metaverse are identified by coordinates
(similarto a radio frequency); therefore, the Uniform
Domain Name Dispute Resolution Policy (UDRP)
process as applied to domain name disputes is
not likely to apply to the metaverse, because
metaverse lands do not use a naming convention
such as a URL that would include a trademark.
Conclusion
Within the metaverse, NFTs act as non-inter-
changeable, unique assets or even identifiers
while cryptocurrency is the accepted medium
of exchange and commercial transaction. The
problems start in trying to correlate the concepts
of the metaverse to real life as we know it. The
truth is, the metaverse is likelyto require a complete
re-imagining of our notions of space, money,
commerce and engagement. IPlawhas experience
in handling questions and disputes arising out
of ownership of intangible rights and is therefore
a logical starting point to govern the metaverse
space. However, IP law in itself is unlikely to be
adequate in formulating sufficient safeguards
against potential abuses that may be anticipated
in the unique space of the metaverse and we
will require our law and policymakers to come up
with creative solutions to properly and demo-
cratically govern this space, for the benefit of all,
users and companies alike.
We must not forget that we are still in the
formative stages of creating the metaverse and
experiences within it. Our encounters now will
form the basis of learning how to navigate the
brand newworlds within it, and trial and error must
be expected and not rejected with finality just
yet. The metaverse a few decades from now is
bound to look very different, once we have
the advantage of hindsight. We await landmark
judgments, creative law-making, and corporate
responsibility in this nascent arena and hope
that the wonders promised by the metaverse
can be allowed to come to fruition.
BIBLIOGRAPHY
• https://www.plainconcepts.com/nft-blockchain-
metaverse/#:~:text=NFTs%20can%20help%20
gain%20exclusive,user%20interaction%2C%20
transaction%20and%20socialization.
• https://cointelegraph.com/news/what-remains-in-
the-nft-market-now-that-the-dust-has-settled
• https://cointelegraph.com/news/nft-hype-
evidently-dead-as-daily-sales-in-june-2022-dip-to-
one-year-lows
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investors-dropped-from-65-in-q1-to-61-in-q2-2022-
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cryptocurrency/based-on-a-trustless-system-
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of-investors/articleshow/86010985.cms?from=mdr
• https://nonfungible.com/
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• https://theconversation.com/one-year-on-el-
salvadors-bitcoin-experiment-has-proven-a-
spectacular-failure-190229
• https://www.hklaw.com/en/insights/
publications/2022/10/intellectual-property-
enforcement-in-the-metaverse-part-1
• https://www.inputmag.com/style/hermes-
metabirkin-nft-lawsuit-legal-precendent-potential
• https://www.hklaw.com/en/insights/
publications/2022/10/intellectual-property-
enforcement-in-the-metaverse-part-2
• https://metaverse-standards.org/
• https://www.reedsmith.com/en/perspectives/
metaverse/2022/08/intellectual-property
• https://www.mondaq.com/unitedstates/
trademark/1200604/chapter-and-metaverse-
pending-ip-cases-in-the-digital-space
• https://www.nftlicense.org/
• https://www.traverselegal.com/blog/nfts-attorney-
tech-blockchain-art-license/