From Art to Assets: The Rise of Non-Fungible Tokens (NFT) in the Digital Age

ABSTRACT A new digital phenomena has been sweeping the art world and the internet in recent months. Non-Fungible Tokens, or NFTs, are a topic of great interest that has attracted a lot of attention. NFTs are distinct and cannot be traded for another cryptocurrency on a like-for-like basis, in contrast to fungible cryptocurrencies like Bitcoin […]

Trademarks and Metaverse

TRADEMARK A trademark is something that we encounter on a regular basis. It is the name given to a product or service. It is an indication of a trade organization’s or company’s quality and goodwill. A trademark allows a buyer to differentiate a certain commodity from other comparable goods on the market and to identify […]

NFTs : The Latest Technology Challenging Copyright Law

Introduction The development of cryptocurrency has noticed a surge in the number of people trading in these currencies. Similarly, rapid growth has been seen in Non-Fungible Tokens, with more and more people entering the industry. NFTs have metadata and unique identification code that cannot be replicated. However, a variety of legal loopholes arise from these […]

Protection of Non-Fungible Tokens in UAE

Non-Fungible Tokens are cryptographic assets on a blockchain with certain unique identification codes and metadata that distinguish them from each other. Unlike the cryptocurrencies, they cannot be traded or exchanged at equivalency. Thus, they do not serve the purpose of commercial transactions. However, NFTs can be bought or sold on NFTs based marketplaces. Sometimes, the […]

Rise Of IP Issues Due To The Increasing Popularity Of NFTs

Introduction It is no news that cryptocurrency and blockchain technology have taken over the sphere of digital currency. But in this sphere of metaverse and blockchain currencies, the Ethereum blockchain has gained skyrocketing popularity with the evolution of Non-Fungible Tokens. NFTs have indeed transformed the world of digital assets and ownership, with sales as high […]