This is the first time a case involving NFTs has been tried through the lens of intellectual property law and is therefore precedent-setting for the digital asset space.
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Hermès vs. MetaBirkins: The NFT Case That Could Have Major Trademark and Artistic ConsequencesThe trial between Hermes_Paris and MasonRothschild over his MetaBirkins NFT project came to a close on Monday in a case that could determine whether trademark rights extend to the digital sphere. camgthompson and rosieperper report
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Yuga Labs Reaches Settlement in Bored Ape NFTs Trademark LawsuitThe parent company of BoredApeYC NFTs, yugalabs, has resolved a suit with Thomas Lehman, who built websites and smart contracts for a copycat NFT project, “RR/BAYC.” tobyleah reports:
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How Bitcoin NFTs Might Accidentally Fix Bitcoin's Security BudgetOrdinal NFTs will be at its very best a means to strengthen the bitcoin transaction fee market and at worst a spectacular fad that fades away with no wider negative consequences for Bitcoin. gckaloudis writes for The Node.
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MMA bruiser Jon Jones gets cuddly with cute panda NFTsKanpai Pandas has hired UFC fighter Jon Jones to be its brand ambassador and help promote the NFT collections' new clothing line.
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The Ordinals Protocol Has Caused a Resurgence in Bitcoin Development.fs_insight says while there are concerns about the impact of NFTs on Bitcoin's principles and potential node bloat, the non-zero probability of NFT's fueling BTC's next bull run cannot be ignored. Reporting by willcanny99
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