Excited About Your Bored Ape or CryptoPunk? Make Sure You Understand Your IP Rights - Ep.340

Stuart Levi, co-head of the Technology Transaction and Intellectual Property Group at Skadden Arps, and Marta Belcher, general counsel and Head of Policy at Protocol Labs, break down the legal issues surrounding NFTs specifically in the context of Yuga Labs’ recent purchase of CryptoPunks and Meebits IP rights. Show highlights:
the definitions and differences between copyrights, trademarks, and rights of publicity (name, image, likeness)
how NFT projects have evolved in the past 12-18 months and what that means for the rights of NFT holders
why NBA Top Shot’s licensing model is the best model for famous brands entering the NFT space
how the popularity of PFPs and the open-source ethos of crypto has led to confusion regarding the commercial rights of NFT holders
what you are getting when you buy an NFT (hint, it’s not copyright)
the misconceptions surrounding Yuga Labs’ acquisition of Crypto Punks and Meebits
why Bored Ape Yacht Club NFT holders most likely cannot use the Bored Ape Yacht Club brand or logo
what issues web3 projects face in getting NFT holders to accept terms and conditions
why web3 projects should protect their trademark
what a Creative Commons license is, and how it can be used in the NFT space
what sort of licenses exist in the NFT space
why secondary sales and transfers of NFTs pose such massive problems for copyright and trademark owners
how marketplaces are handling terms and conditions
what NFT projects can do to help the transfer of copyrights and trademarks
 
Announcing The Cryptopians Book Clubs!
On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. 
 
The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created
 
Here is the schedule: 
Monday May 2, at 8pm ET/5pm PT with Laura Shin
Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green 
Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin
Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy
Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin
If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs!

Thank you to our sponsors!
Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021           
Beefy Finance: https://beefy.finance    
Cross River Bank: https://crossriver.com/crypto
Galaxis: https://galaxis.xyz/
 
Episode Link:
 
Marta Belcher

https://www.linkedin.com/in/martabelcher 

https://twitter.com/MartaBelcher 
 
Stuart Levi
https://www.linkedin.com/in/stuartlevi/

Content on NFT IP/Legal Issues
Josh Durham on IP rights and NFTs
https://lexdao.substack.com/p/protecting-your-nft-personal-property-rights?s=r

Punk 6529 on CryptoPunks and Yuga Labs
https://threadreaderapp.com/thread/1502595586960367617.html

Decrypt on stolen IP
https://decrypt.co/96637/nfts-have-a-problem-with-copyright-theft

Why IP rights are meaningless
https://twitter.com/nftlawguy/status/1509233036369416192

IP questions from DC Investor
https://twitter.com/iamDCinvestor/status/1509187304027529222

The Copyright NFT bible

https://medium.com/initc3org/copyright-vulnerabilities-in-nfts-317e02d8ae26 

What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss
https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/

 
Difference between copyright and trademark
​​https://www.nerdwallet.com/article/small-business/trademark-vs-copyright

 
Learn more about your ad choices. Visit megaphone.fm/adchoices

Stuart Levi, co-head of the Technology Transaction and Intellectual Property Group at Skadden Arps, and Marta Belcher, general counsel and Head of Policy at Protocol Labs, break down the legal issues surrounding NFTs specifically in the context of Yuga Labs’ recent purchase of CryptoPunks and Meebits IP rights. Show highlights:

the definitions and differences between copyrights, trademarks, and rights of publicity (name, image, likeness) how NFT projects have evolved in the past 12-18 months and what that means for the rights of NFT holders why NBA Top Shot’s licensing model is the best model for famous brands entering the NFT space how the popularity of PFPs and the open-source ethos of crypto has led to confusion regarding the commercial rights of NFT holders what you are getting when you buy an NFT (hint, it’s not copyright) the misconceptions surrounding Yuga Labs’ acquisition of Crypto Punks and Meebits why Bored Ape Yacht Club NFT holders most likely cannot use the Bored Ape Yacht Club brand or logo what issues web3 projects face in getting NFT holders to accept terms and conditions why web3 projects should protect their trademark what a Creative Commons license is, and how it can be used in the NFT space what sort of licenses exist in the NFT space why secondary sales and transfers of NFTs pose such massive problems for copyright and trademark owners how marketplaces are handling terms and conditions what NFT projects can do to help the transfer of copyrights and trademarks

 

Announcing The Cryptopians Book Clubs!

On April 26th, I will be selling NFT tickets to five 90-minute virtual book clubs in which 22 people can discuss "The Cryptopians" with me and with each other — without worrying about spoilers! Two of the book clubs will also feature special guests. 

 

The sale will go live on Tuesday, April 26, at 1pm ET/10am PT,  and tickets will be $100 each. (The sale will be on Bitski, but the NFTs will not be visible until the sale goes live on the 26th): https://www.bitski.com/@laurashin/created

 

Here is the schedule: 

Monday May 2, at 8pm ET/5pm PT with Laura Shin Tuesday, May 3, at a time TBD with guests Christoph Jentzsch, Lefteris Karapetsas, and Griff Green  Thursday, May 5, at 6pm CET/12pm ET/9am PT with Laura Shin Monday, May 9, at 6pm CET/12pm ET/9am PT with guest Andrey Ternovskiy Tuesday, May 10, at 9pm CET/3pm ET/12pm PT with Laura Shin

If you'd like to participate, be sure to mark your calendars for the sale time on April 26th. Hope to see you in one of the book clubs!

Thank you to our sponsors!

Crypto.com: https://crypto.onelink.me/J9Lg/unconfirmedcardearnfeb2021           

Beefy Finance: https://beefy.finance    

Cross River Bank: https://crossriver.com/crypto

Galaxis: https://galaxis.xyz/

 

Episode Link:

 

Marta Belcher

https://www.linkedin.com/in/martabelcher 
https://twitter.com/MartaBelcher 

 

Stuart Levi

https://www.linkedin.com/in/stuartlevi/

Content on NFT IP/Legal Issues

Josh Durham on IP rights and NFTs https://lexdao.substack.com/p/protecting-your-nft-personal-property-rights?s=r Punk 6529 on CryptoPunks and Yuga Labs https://threadreaderapp.com/thread/1502595586960367617.html Decrypt on stolen IP https://decrypt.co/96637/nfts-have-a-problem-with-copyright-theft Why IP rights are meaningless https://twitter.com/nftlawguy/status/1509233036369416192 IP questions from DC Investor https://twitter.com/iamDCinvestor/status/1509187304027529222 The Copyright NFT bible
https://medium.com/initc3org/copyright-vulnerabilities-in-nfts-317e02d8ae26  What Exactly Do You Get When You Buy an NFT? Three Lawyers Discuss https://unchainedpodcast.com/what-exactly-do-you-get-when-you-buy-an-nft-three-lawyers-discuss/

 

Difference between copyright and trademark

​​https://www.nerdwallet.com/article/small-business/trademark-vs-copyright

 

Learn more about your ad choices. Visit megaphone.fm/adchoices