In the six months since Facebook, Inc. rebranded to Meta Platforms, Inc., the idea of the “metaverse” has catapulted from a little-known science fiction fantasy to the forefront of popular culture.
Many brands have taken steps to proactively protect their intellectual property rights for use in connection with metaverse-related goods and services. This may include filing new trademark registrations or purchasing blockchain domains. But enforcing those rights poses a significant challenge.
Following in the footsteps of Californians, Coloradoans, Arizonans, and Bay Staters, denizens of the Metaverse can now step inside a dispensary and purchase cannabis products. Two brands have staked claims to their own Metaverse storefronts, where they will sell products to real-life addresses.
ArentFox Schiff Chairman Anthony V. Lupo and Energy & Cleantech Industry Group Co-Leader Daniel Deeb spoke to Legaltech News about helping clients navigate the blockchain technology powering the Metaverse, while still meeting their sustainability goals.
The Metaverse is a new frontier of innovation in social and business interaction, and pioneers of this technology are rushing to develop its building blocks and protect their intellectual property (IP) rights. However, patenting this cutting-edge technology is not without challenges.
The advent of distributed ledger technology has ushered in a new digital era – a decentralized internet, neither owned nor controlled by a central authority. Blockchain enthusiasts hail this lack of centralization as representing a new chapter of freedom and individual empowerment.
Non-fungible tokens have attracted widespread attention this year due to high-profile auctions involving NFTs representing digital artwork. Just as NFTs have invigorated the digital art landscape, they can rejuvenate patent monetization – making it easier, more secure, and accessible.
The fashion industry is known for taking creative risks, so it is understandable that the industry is taking its next steps—literally—out of this world. Big name labels and innovative fashion start-ups are setting their sights on the so-called “Metaverse,” a persistent, digital universe that transce
Blockchain is one of the top technologies that can be integrated into various fields for improved security, traceability, and distribution. The agriculture industry is one area where blockchain innovation has quickly grown in the last few years.
Arent Fox has procured for Bloomio, a fintech pioneer and provider of a blockchain-based investment platform, a U.S. patent covering a new technology for crypto-asset recovery.
On July 8, the Commodities Futures Trading Commission (CFTC) released its 2020-2024 CFTC Strategic Plan that describes five strategic goals and objectives that will guide the CFTC over the next four years.
On April 3, 2019 the staff of the Securities and Exchange Commission issued its first no-action letter stating that it would not recommend enforcement action if an issuer publicly issued tokens without registration under the Securities Act or the Securities Exchange Act.
