Nintendo will not use generative AI to build game titles

Nintendos president addresses the risks of intellectual property breaches with generative AI at a shareholder meeting.

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Real-world assets evolve finance by tokenizing everything, says Kinto co-founder

Real-world assets could catalyze the tokenization of everything, or at least Kinto thinks so.

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EU endorses relational blockchain initiative for sustainable solutions

The European Union has confirmed its collaboration with ChromaWay to develop blockchain-based sustainability solutions.

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Ava Labs brings intellectual property management to K-pop industry

According to a market report from Allied Research, the South Korean pop music industry will be valued at $20 billion by 2031.

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Customers protest exchange bankruptcy plan: We never gave FTX our coins!

A committee representing the interests of FTX customers is pushing back against a proposed bankruptcy plan, claiming that it violates their property rights.

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HKMA Adjusts Countercyclical Measures for Property Mortgage Loans

The Hong Kong Monetary Authority (HKMA) announces technical adjustments to countercyclical macroprudential measures for property mortgage loans. (Read More)

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Overlai provides AI-resistant property rights solution for creators

The mobile app and plug-in will use invisible watermarks and leverage the Aptos blockchain to ensure digital property rights regardless of where content is hosted.

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How to protect intellectual property in Web3

Delve into Web3 IP protection basics and utilize strategies for safeguarding your intellectual property.

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UK Government Explores IP Challenges in Emergent Metaverse Ecosystems

A new UK government report delves into the complex realm of IP issues within the Metaverse, highlighting the lack of consensus on its definition and the IP challenges it poses. (Read More)

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‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official

In a recent “fireside chat” with the deputy director of the Web3.0 Policy Office of Japan’s Ministry of Economy, Trade, and Industry, Yuga Labs CEO Daniel Alegre noted: “We’re not even in the first inning” of where Web3 “evolution” is going to go. During the interview with the politician, Alegre described new models of IP [...]

The post ‘Community-Based IP’ — Yuga Labs CEO Describes Web3 Evolution of Licensing to Japanese Government Official appeared first on Crypto Breaking News.

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Top metaverse property investments suffer massive losses: Report

Prices of virtual lands on some of the top metaverses have declined significantly from their peak prices of 2022, with most depreciating around 90% in value. A study published by CoinGecko shows that popular metaverse properties, such as Otherdeeds, The Sandbox, Decentraland, Somnium and Voxels, have all depreciated in value during the period studied, from [...]

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Singaporean Judge Declares Crypto Is Personal Property In ByBit Case

In a recent development, a judge of the Singapore High Court has declared that cryptocurrencies are personal properties. The court likened crypto to fiat money, and since fiat passes as personal property, crypto should pass as one, too, the court reasoned.  Genesis Of The Case Judge Philip Jeyaretnam made this declaration in a case that [...]

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Original Snow Crash Manuscript Goes Up for Auction

Snow Crash-inspired NFTs will also be auctioned. (Read More)

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Real Vision CEO believes NFT will act similar to high-end property

The Real Vision CEO predicted that when the crypto market swells again, high-end NFTs would be bought like high-end property. (Read More)

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Yuga Labs accused of IP theft for trademarking BAYC wolf skull logo

NFTs were introduced to the world to help solve the illegal use of intellectual properties and protect artists — the very problem Yuga Labs has been accused of doing.

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Hermès wins case against Mason Rothschild’s Metabirkins

A nine-member jury found Rothschild liable for trademark infringement, trademark dilution, and "cybersquatting," awarding Hermès $133,000 in damages.

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4 ‘emerging narratives’ in crypto to watch for: Trading firm

The crypto trading firm sees NFTs becoming more intertwined with brand IP, while Web3 apps with "real world utility" gain traction.

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Metaverse experience to sway real-world travel choices in 2023: Survey

A survey participated by 24,179 respondents across 32 countries reveal that nearly half, or 43% of the respondents, intend to use virtual reality to inspire their choices.

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Chinese court says NFTs are virtual property protected by law

The court said NFTs are “unique digital assets” that “belong to the category of virtual property” in a case where it had to confirm the legal attributes of NFTs.

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The metaverse is a new frontier for earning passive income

Those looking to earn passive income in the metaverse have several available options, but how profitable and durable these are isn’t yet clear.

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