METAPLEX: ALL YOU NEED TO KNOW

Posted by Surana

A Solana-powered structure named Metaplex supports the generation and minting of non-fungible tokens as well as auctions and standardised NFT visualisation across wallets and applications. An on-chain programme and a self-hosted front-end web2 application make up its two main parts. Modern blockchain Solana is very different from the Bitcoin network. Modified cryptographic algorithms are used by Solana to build a quick and scalable blockchain. Blockchain technology has come a long way since the launch of the first decentralised Bitcoin network in 2009. It has changed from being a safe computer network for trading digital currencies to a place where complete virtual...

08 July

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Resolution of Legal Issues in Metaverse

Posted by Surana

in SSIA

At the end of October, at Connect 2021, Mark Zuckerberg relaunched Facebook as Meta in October 2021, in quest of the metaverse. The once-loved concept of a virtual world parallel to the actual world has now been mainstreamed by the internet giant's makeover. Gradually, the metaverse is becoming a part of our lives, with millions of users spending several hours a day in virtual social spaces like Roblox, and more individuals gravitating toward digital ownership of non-fungible tokens (NFTs) and cryptocurrencies. With rapidly developing online networks, the metaverse aims to improve the overlap of our social and digital lives in...

06 April

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NON-FUNGIBLE TOKENS & INTELLECTUAL PROPERTY RIGHTS – AN ANALYSIS

Posted by Surana

in IPR

NON- FUNGIBLE TOKENS & INTELLECTUAL PROPERTY RIGHTS- AN ANALYSIS

By RAKSHANA. M. K., Associate, Intellectual Property Practice Introduction: Non-Fungible Tokens (NFT) have been the talk of the investment world and among the Crypto community in the recent times. Over the last decade, terms such as Blockchain technology, Cryptocurrency and Non-Fungible Tokens have gained popularity among the public in this digital era. As far as NFT is concerned, the platform has planted the confidence of generating revenue both for the creators and the purchasers involved in the process. There are huge speculations in relation to Blockchain technology being the ‘next big thing’ and its ability to revolutionize the future. Cryptos and NFTs...

15 March

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IP NEWS WEEKLY UPDATE – 25 FEB 2022

Posted by Surana

in IPR News

New York Stock Exchange Files Trademark Application for NFT Applications have been filed o trademark the term NYSE for usage of the mark as an NFT and the Stock Exchange is officially entering into the Crypto and NFT marketplace. The NYSE has announced that it has no immediate plans of launching a Crypto or NFT and also stated that it regularly considers new products and their impact on its trademarks and protects its intellectual property rights accordingly. Coca Cola v. Pop Cola- Suit before Federal High Court, Kano Mamuda Beverages Nigeria Ltd. introduced its product Pop Cola which allegedly bears designs similar to...

non-fungible tokens Tag

METAPLEX: ALL YOU NEED TO KNOW

Resolution of Legal Issues in Metaverse

NON-FUNGIBLE TOKENS & INTELLECTUAL PROPERTY RIGHTS – AN ANALYSIS

IP NEWS WEEKLY UPDATE – 25 FEB 2022

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