Image of an NFT sold on the MetaBirkins website. Credit: Court Document NFTs: A Digital Tale of Unprecedented Legal Issues
An examination of two cases brought forth by Hermès and Roc-A-Fella Records. They present unprecedented intellectual property issues in the NFT space and provide guidance for those seeking to navigate this digital space.
April 07, 2022 at 10:00 AM
10 minute read
Welcome to the 4th Industrial Revolution (4IR). If you aren't familiar with NFTs, you're not alone. A non-fungible token (NFT or token) is a unique digital certificate registered on a blockchain that is minted and used to record the ownership of a one-of-a-kind asset, digital or real, that has value. Most commonly, NFTs record ownership of digital assets such as photographs, drawings, videos, 3D animations, audio files, and video game items. However, NFTs can also record the ownership of practical assets like physical artwork, real estate, or cars.
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