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NFTs and Intellectual Property: What IP Owners and NFT Creators Need to Know

By James Gatto, Laura Chapman & Yasamin Parsafar on March 25, 2021
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Everything is being tokenized these days, including art, games, collectibles and much more. The record prices being fetched have created an NFT frenzy. This distribution model has created a new channel for monetization of creative IP. Given some of the unique aspects of NFTs, IP owners need to rethink their IP protection and licensing strategies. IP protection strategies should include specific protection relating to NFTs. Due to some of the unique aspects of NFTs, various new considerations need to be addressed when licensing IP. NFT creators need to be mindful of potential infringement issues when using third party IP and should also consider IP protection for their original creations.

To learn more about this topic, read our whitepaper: NFTs and Intellectual Property: What IP Owners and NFT Creators Need to Know

Photo of James Gatto James Gatto

Jim Gatto is the co-head of Blockchain and FinTech Team in the firm’s Washington, D.C. office.

Read more about James GattoEmail
Photo of Laura Chapman Laura Chapman

Laura Chapman is a partner and Practice Group Leader of the Intellectual Property Practice Group in the firm’s San Francisco office.

Read more about Laura ChapmanEmail
Photo of Yasamin Parsafar Yasamin Parsafar

Yasamin Parsafar is an associate in the Intellectual Property Practice Group in the firm’s San Francisco office and is Lead Associate of the firm’s Blockchain Technology & Digital Currency team.

Read more about Yasamin ParsafarEmail
  • Posted in:
    Intellectual Property, Probate & Estate Planning
  • Blog:
    Art Law Blog
  • Organization:
    Sheppard, Mullin, Richter & Hampton LLP
  • Article: View Original Source

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